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March 3, 2020

Armanino Foods of Distinction announces Timothy Anderson as new CEO

US pesto-to-pasta maker Armanino Foods of Distinction has announced that CEO and president Edmond Pera is to retire and has named his replacement.

By Leonie Barrie

US pesto-to-pasta maker Armanino Foods of Distinction has announced that CEO and president Edmond Pera is to retire and has named Timothy Anderson as his replacement.

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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 Hayward, California-based business said Pera will step down in the middle of this month but will stay on as an executive adviser for a transitional period until September and will remain on the board of directors for the foreseeable future.

Pera has served as president and CEO since 2009 after having served as chief financial officer and chief operating officer since 2003 and a director since 2000. 

His successor brings more than 25 years of experience in growing brands within major food companies including Pepperidge Farm/Campbell Soup Co., Del Monte Foods and Challenge Dairy Products. Most recently Anderson served as senior vice president at Challenge Dairy.

Doug Nichols, chairman of the Armanino board, said: “Ed leaves the company in great shape and positioned to continue his legacy of delivering strong financial results, a menu of high quality products that are respected by competitors and a base of very loyal customers.

“Tim’s expertise is in building strong teams, brands and financial results across all channels of business.”

“We are excited for the energy and experience that he brings to our company.” 

Armanino Foods of Distinction manufactures and markets frozen Italian speciality food items such as pesto, Bolognese, Alfredo sauce, meatballs and filled pastas to the foodservice, retail, and industrial markets. 

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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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