FOR IMMEDIATE RELEASE
Richard G. Wolford, Chairman, President and Chief Executive Officer of Del Monte Foods, Elected Chairman of the Grocery Manufacturers Association
Contact: Scott Openshaw, Director, Communications, 202-295-3957
Brian Kennedy, Director, Communications, 202-639-5994
(Orlando, Florida) The Grocery Manufacturers Association (GMA) today announced the election of Richard G. Wolford, chairman, president and chief executive officer of Del Monte Foods (NYSE: DLM), as chairman of the GMA board of directors. He will serve a two-year term. “In this leadership role, GMA and the larger CPG industry will benefit greatly from Rick’s leadership, his proven business acumen and his commitment to serving the consumer,” said Pamela G. Bailey, GMA president and CEO. “I look forward to working with him to advance GMA’s ambitious agenda on behalf of our member companies and the entire consumer packaged goods sector.” Mr. Wolford previously served GMA as vice chairman of the board of directors and as chairman of the Industry Affairs Council. His distinguished career in the food industry began in 1967, when he joined the finance department at Dole Foods. He was eventually named president of Dole Packaged Foods in 1982 and stayed with the company through 1987. Wolford went on to join with a group of venture capital investors to identify and evaluate acquisition opportunities and, as CEO of the acquired companies, direct the strategy to maximize each company’s performance. Working with a private equity partnership, Wolford led the acquisition of Del Monte Foods in 1997 and joined the company as its CEO. He was elected chairman of the board in May 2000. “It is an honor to serve GMA and the industry, an industry in which I have had the good fortune to participate throughout my entire career,” said Mr. Wolford. “For more than a century, GMA has been the leading advocate for its member companies, bringing the industry together as one voice, to develop innovative and responsible solutions that help us serve our consumers better than ever before. I look forward to working with the board, the staff and as well, our trading partners to continue that legacy.” Wolford also holds a degree in economics from Harvard University. As GMA chairman, Mr. Wolford succeeds Campbell Soup Company President and CEO Douglas R. Conant.
In addition, GMA announced the election of four new members of the board of directors: - J. Alexander M. “Sandy” Douglas, Jr., President, North American Group, The Coca-Cola Company
- Tom Ferriter, President and Chief Executive Officer, Bush Brothers & Company
- Melanie Healey, Group President, North America, The Procter & Gamble Company
- Michael Mendes, President, Chief Executive Officer and Director, Diamond Foods, Inc.
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Based in Washington, D.C., the Grocery Manufacturers Association is the voice of more than 300 leading food, beverage and consumer product companies that sustain and enhance the quality of life for hundreds of millions of people in the United States and around the globe. Founded in 1908, GMA is an active, vocal advocate for its member companies and a trusted source of information about the industry and the products consumers rely on and enjoy every day. The association and its member companies are committed to meeting the needs of consumers through product innovation, responsible business practices and effective public policy solutions developed through a genuine partnership with policymakers and other stakeholders. In keeping with its founding principles, GMA helps its members produce safe products through a strong and ongoing commitment to scientific research, testing and evaluation and to providing consumers with the products, tools and information they need to achieve a healthy diet and an active lifestyle. The food, beverage and consumer packaged goods industry in the United States generates sales of $2.1 trillion annually, employs 14 million workers and contributes $1 trillion in added value to the economy every year.
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NEWS RELEASE
- January 25, 2010 Richard G. Wolford, Chairman, President and Chief Executive Officer of Del Monte Foods, Elected Chairman of the Grocery Manufacturers Association
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