Pinnacle Foods CEO resigns, Robert Gamgort is new CEO
July 14, 2009
According to a report, the Pinnacle Foods Group announced its CEO is leaving the company and the board has appointed a former executive at snack food company Mars Inc. in his place.
Robert Gamgort, 46 , who worked most recently as North American President for Mars will assume the new role immediately.
He replaces Jeffrey Ansell, 50 who is leaving Pinnacle to pursue other interests, according to the company.
The New Jersey-based food company also said that Roger Deromedi, who serves as chairman of the company's board of directors, will become non-executive chairman.
Pinnacle Foods is a portfolio company of investment firm The Blackstone Group. Shares of Blackstone rose 36 cents, or 4.1 percent, to $9.09 in late trading Monday.
Navigating the logistics industry is challenging. Find out how a dedicated transportation solution can solve some of the most common shipping challenges.
A leading bottled water company needed a carrier to transport water from 29 plants to retailers. The challenge? Handling over 46,000 pounds. Read the study.
Learn how a large bakery company complimented their private fleet with Schneider Dedicated freight services to increase freight capacity, amplify visibility & reduce costs.
