Kellogg has named US Foods finance chief Fareed Khan as its new CFO.
Khan, who will join the company on 17 February, will succeed Ron Dissinger, whose retirement was announced last year and who stepped down on 31 December. Kellogg reaffirmed today (13 January) Dissinger “will remain with the company in 2017 to ensure an orderly transition”.
Khan has held the CFO position at US Foods since 2013 and led the company’s initial public offering last year. Prior to US Foods, Khan served as senior VP and CFO at United Stationers and spent 12 years at USG Corporation in a variety of finance, business and leadership roles. Kellogg said Khan’s experience also includes several years at McKinsey & Company as a management consultant in the US and Europe.
Kellogg chairman and CEO John Bryant said: “Fareed is a proven business leader whose deep expertise and diverse background make him the right choice as our new CFO and leader of our global finance organisation. “Having served in finance leadership, as well as commercial and operational roles, Fareed will play a critical role in driving our 2020 growth plan and 350 basis-point margin expansion goal.”