US: Diamond appoints Colo supply chain chief
Diamond appoints supply chain chief
Diamond Foods has appointed David Colo to the newly-created position of executive vice president, global operations and supply chain.
Colo will be responsible for global manufacturing, procurement and supply chain, reporting directly to Diamond president and CEO Brian Driscoll.
Colo has held various positions of increasing responsibility in the supply chain, ranging from plant manager to operations planning. He has held posts at ConAgra Foods and, most recently, Nestle-Purina, the pet care division of Nestle.
The appointment is a further signal that Diamond is taking action to improve its operational performance in an attempt to lay the groundwork for future growth.
Diamond was shaken by an accounting scandal last year that resulted in the departure of its then-CEO and CFO as well as scuppering its plans to acquire snack brand Pringles from Proctor and Gamble. Last month, the company trimmed its full-year profit outlook as it reported a third-quarter loss.
Diamond Foods Names New Executive Vice President of Global Operations and Supply Chain Click here for PDF version of this releaseSAN FRANCISCO, Dec. 3, 2012 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq:DMND) announced that effective today, David J. Colo has been appointed to the newly created position of Executive Vice President, Global Operations and Supply Chain.Mr. Colo brings more than twenty-five years of operations and supply chain experience to Diamond Foods. He spent seven years with ConAgra Foods in a variety of senior roles including manufacturing, operations and food ingredients general management in the Consumer and Commercial Products Divisions. Prior to joining ConAgra Foods, Mr. Colo spent 16 years with Nestle-Purina where he held several roles with increasing responsibilities in supply chain, production, plant management, quality assurance, operations planning and general management. Mr. Colo holds a B.S. in Agribusiness Economics from Southern Illinois University.In this role, Mr. Colo will have responsibility for global manufacturing, procurement and supply chain and report to Brian J. Driscoll, Diamond Foods' President and CEO. "Dave's deep manufacturing and supply chain experience will be invaluable to us as we seek to identify cost savings opportunities in procurement, operations and logistics and implement plans to drive organizational effectiveness throughout all of our operations," said Mr. Driscoll.
Original source: Diamond Foods
The rapidly expanding Chinese food sector has long been a focus for multinationals looking beyond developed western markets for expansion. However, it isn't just the international food Goliaths - with...
Campbell Soup Co. became the third major multinational to invest in the buoyant organic baby food sector in a month with a deal to buy US firm Plum Organics. Danone is another of the three food giants...
Plum Organics this week joined Happy Family and Ella's Kitchen as three organic baby food brands set to have new, multinational owners. Campbell Soup Co. is to buy Plum, joining Danone and Hain Celest...
- Rise of prepared foods in US grocers - analysis
- How are brands organising for e-commerce?
- Hershey results, outlook, M&A - the top takeaways
- Free-from firm BFree Foods - bitesize interview
- Work on sugar could stir more clean-label concerns
- Fazer buys European biscuit brands from Mondelez
- Murray Goulburn accused of "misleading" the market
- Kellogg launches Special K breakfast quiches
- Mondelez sees stronger margins, LFL growth
- Hormel targets cancer patients with new range