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July 11, 2016

Del Monte Foods appoints Paul Miller as chief financial officer 

Del Monte Foods has announced two changes to its US leadership team as it looks to strengthen its financial and technical expertise. 

Del Monte Foods has announced two changes to its US leadership team as it looks to strengthen its financial and technical expertise.

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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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Paul Miller has been promoted to senior vice president and chief financial officer from his previous role as senior vice president for Finance and chief accounting officer.  Miller, who has been with Del Monte since 2014, will be responsible for financial and risk management, including acting as treasury for Del Monte Foods.

Robert Long has been brought in to the company as vice president and chief information officer to help build its technology capabilities. Long joins Del Monte Foods from Big Heart Pet Brands, where he was vice president for information technology. 

Del Monte said Long has a strong track-record of successfully leading and implementing corporate-wide technology changes, including during his time at Big Heart Pet Brands the roll out of cloud based Enterprise Resource Planning software. Long has also spent time working as vice president for technical services and information technology at Copart, the American online vehicle auctions site, and chief information office at Anristu, the Japanese test and measurement equipment specialists. 

Both Long and Miller will report to Dave Meyers, EVP and chief administrative officer.

He said: “We are looking forward to this exciting new leadership within Del Monte Foods. Both Paul and Robert bring a great track record of success with them to their respective new roles, and we look forward to continued success and growth.”

The appointments are effective immediately.

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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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