US branded food maker International Multifoods has announced that Dan C. Swander, currently president and chief operating officer, is leaving the company at the end of its fiscal year in February 2004.
Gary E. Costley, chairman and chief executive officer, has assumed overall responsibility for the company’s operational activities, International Multifoods said.
Costley said that the company continues to expect fiscal 2004 earnings before unusual and one-time items in the range of US$1.30 to $1.40 per diluted share.
Multifoods is a manufacturer and marketer of branded consumer foods and foodservice products in North America. The company’s brands include Pillsbury baking mixes, Hungry Jack pancake mixes, syrup and potato side dishes and Martha White baking mixes and ingredients.
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