American Italian Pasta Company has named Jack Kelly as its chief operating officer.
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The food industry veteran joins the largest producer of dry pasta in North America having led several private companies including San Antonio Farms and Fiorucci Foods and held senior positions at Haagen-Dazs and Kraft Foods.
Kelly, 55, will also become AIPC’s new president and chief executive officer after the company completes the final phase of its previously announced restatement of certain historical financial statements.
He will succeed Jim Fogarty, a managing director with Alvarez & Marsal who has served as the company’s president and CEO since September 2005.
“American Italian Pasta Company has made tremendous strides over the past two years under Jim Fogarty’s leadership along with the support of our customers and, most importantly, the tireless efforts of our dedicated employees,” said Bill Patterson, chairman of the board of directors.
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By GlobalData“The company has significantly strengthened operations, increased revenue and volume, reduced net debt and executed a strategic business plan that has provided a positive direction and strong foundation for the future,” said Jim Fogarty, AIPC CEO. “While challenges remain, including the price pressures in the durum wheat market, AIPC has made great strides, and is looking ahead with excitement and anticipation,” he added.
“I am delighted by the opportunity to lead AIPC into its next phase,” said Kelly. “AIPC has earned a reputation among its customers for exceptional quality and service and is now solidly positioned, operationally and financially. I am looking forward to working with this talented management team and employees throughout the company to build on the company’s strengths in all channels, including private label, branded, ingredient and food service products, and continue to deliver innovative offerings that are in line with consumer demands and drive value for our customers.”
Kelly has served in senior positions at Haagen-Dazs Company, Inc., Kraft Foods, Inc. and Oscar Mayer Foods Corporation.
Kelly was the chief executive officer of Fiorucci Foods, Inc., a privately held subsidiary of Cesare Fiorucci SPA, the largest processed meats company in Italy. Kelly also served as president and CEO of San Antonio Farms, a maker of Mexican sauces for private label and food service customers that was acquired by TreeHouse Foods in 2007.
