PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov. 6, 2017--
B&G Foods, Inc. (NYSE:BGS) announced today that it will appoint
Executive Vice President of Corporate Strategy and Business Development,
Bruce C. Wacha, to Executive Vice President of Finance and Chief
Financial Officer, effective November 27, 2017. As Chief Financial
Officer, Mr. Wacha will oversee the Company’s finance organization and
be responsible for all financial and accounting matters. He will also
continue to oversee the Company’s corporate strategy and business
development, including mergers & acquisitions, capital markets
transactions and investor relations. He will continue to serve on the
Company’s executive management team, reporting to President and Chief
Executive Officer, Robert C. Cantwell.
“Since joining our executive team in August, Bruce has demonstrated
excellent leadership skills, financial expertise and an excellent work
ethic,” stated Mr. Cantwell. “I’m delighted to announce Bruce’s
appointment to CFO. Bruce is an experienced and talented executive and
after working with Bruce the past few months I am confident that he is
the right person to lead our finance organization and help us achieve
our growth objectives.”
Mr. Wacha joined B&G Foods from Amira Nature Foods Ltd. (NYSE: ANFI),
where he spent three years as that company’s chief financial officer and
executive director of the board of directors. Prior to joining Amira
Nature Foods, Mr. Wacha spent more than 15 years in the financial
services industry at Deutsche Bank Securities, Merrill Lynch and
Prudential Securities, where he advised corporate clients across the
food, beverage and consumer products landscape. Mr. Wacha earned a
bachelor of arts and a master of business administration from Columbia
University’s Columbia College and Columbia Business School.
Current interim Chief Financial Officer, Amy Chiovari, will continue in
her role as Corporate Controller and assist with Mr. Wacha’s transition
to Chief Financial Officer. “I’d like to sincerely thank Amy Chiovari
for serving as our interim Chief Financial Officer for the past eight
months. We are very fortunate to have someone of Amy’s caliber in our
finance organization who was able to step up when needed and lead our
finance team during this transition period.”
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries
manufacture, sell and distribute high-quality, branded shelf-stable and
frozen foods across the United States, Canada and Puerto Rico. With
B&G Foods’ diverse portfolio of more than 50 brands you know and love,
including Back to Nature, B&G, B&M,
Cream of Wheat, Green Giant, Las Palmas,
Le Sueur, Mama Mary’s, Maple Grove Farms,
Mrs. Dash, New York Style, Ortega, Pirate’s Booty,
Polaner, SnackWell’s, Spice Islands and Victoria,
there’s a little something for everyone. For more information about
B&G Foods and its brands, please visit www.bgfoods.com.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute “forward-looking statements.” The
forward-looking statements contained in this press release include,
without limitation, statements related to B&G Foods’ growth objectives
and Mr. Wacha’s ability to help B&G Foods achieve those objectives.
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the actual
results of B&G Foods to be materially different from the historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that explicitly
describe such risks and uncertainties readers are urged to consider
statements labeled with the terms “believes,” “belief,” “expects,”
“projects,” “intends,” “anticipates” or “plans” to be uncertain and
forward-looking. The forward-looking statements contained herein are
also subject generally to other risks and uncertainties that are
described from time to time in B&G Foods’ filings with the Securities
and Exchange Commission, including under Item 1A, “Risk Factors” in the
Company’s most recent Annual Report on Form 10-K and in its subsequent
reports on Forms 10-Q and 8-K. Investors are cautioned not to
place undue reliance on any such forward looking statements, which speak
only as of the date they are made. B&G Foods undertakes no
obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171106006526/en/
Source: B&G Foods, Inc.
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