Hain Celestial appoints Pasquale Conte as CFO
Hain Celestial has appointed Pasquale Conte as EVP and CFO.
Hain Celestial has promoted senior vice president for finance Pasquale Conte to the position of CFO.
Conte assumed the position at the Ella's Kitchen and Tilda owner yesterday (8 September). He replaces Stephen Smith who the company said was leaving to pursue "other opportunities".
Smith, who joined Hain Celestial in 2013, will remain with the company until the end of the month "to ensure an orderly transition".
Conte joined Hain Celestial in 2009 after acting as financial consultant to the company. In 2014 he was appointed SVP, finance and treasurer at Hain Celestial.
He has held roles at Colgate-Palmolive Company, NYNEX Corporation, Arthur Anderson, LLP and Motorola Inc.
"I am honoured to have this opportunity to lead our finance team as we grow across geographies and sales channels with existing and new customers," Conte said. "Our organisation has a strong foundation for growth beginning with Irwin, the leadership team and all Hain Celestial's employees and partners, who are committed to work with us to achieve our business goals to 2020 and beyond."
Companies: Hain Celestial
Growth in 2015 was lower than the current retail value CAGR of 3% observed over the review period....
Organic packaged food registers current retail value growth of 5% to reach US$13.4 billion in 2015, compared with the review period CAGR of 6%....
FF packaged food in the US is dominated by fortified/functional milk, which comprised more than one third of total retail value sales in 2015....
An organic value chain is quite similar to any supply chain....
- General Mills sales woes continue - analysis
- Comment: Meal kits in US - don't believe the hype
- Why personalisation will take-off in US food
- US food next wave on display at Winter Fancy Food
- Analysis: Chocolate sector's deforestation pledge
- Kraft Heinz cuts jobs in US, Canada
- Brazil seeks to cool concerns over meat probe
- Lactalis fails to hit threshold to delist Parmalat
- Unilever invests in Dutch meat substitute project
- US meal delivery service Blue Apron buys BN Ranch