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November 10, 2016

AdvancePierre Foods names ex-TreeHouse Foods president Chris Sliva new CEO

US sandwich-to-entrée maker AdvancePierre Foods said yesterday (9 November) Chris Sliva will join the company's board as president from 14 November - and will succeed John Simons as CEO on his retirement next March.

US sandwich-to-entrée maker AdvancePierre Foods said yesterday (9 November) Chris Sliva will join the company’s board as president from 14 November – and will succeed John Simons as CEO on his retirement next March.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
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The announcement comes days after the announcement of Sliva’s resignation as president of TreeHouse Foods, the US own-label group.

AdvancePierre said Sliva’s appointment was part of it succession and transition plan for the retirement of Simons, who will remain a member of AdvancePierre’s board following the transition.

The company said in a statement: “As president, Sliva will work closely alongside Simons on the oversight and management of the company’s operating activities and to ensure a seamless transition of responsibilities. Sliva is a recognised leader and operator with over a decade’s experience as a public food company executive.”

Chairman of the board Dean Hollis said: “Chris is well-equipped to reinforce and build upon AdvancePierre’s customer-centric approach. Chris also shares our passion for food and his highly relevant experience as a senior executive with publicly-traded food and beverage companies strongly positions him to lead AdvancePierre through its next phase of growth.”

In related moves, AdvancePierre announced the promotions of two current executives. George Chappelle, formerly senior vice-president for supply chain and corporate development, to chief operating officer. The company said Chappelle will be responsible for overseeing the company’s manufacturing operations and supply chain as well as all business development activities including acquisitions, divestitures and other strategic projects.

Jim Clough, the president of AdvancePierre’s foodservice business unit, “will expand his role and become the company’s first chief commercial officer”, the company said. “Clough will continue to lead the foodservice business unit as president and will have additional leadership responsibilities related to the company’s customer-centric efforts.”.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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