Foodtrader.com, one of the largest online business-to-business marketplaces and eProcurement solutions for the international food and agriculture industry, today announced the appointment of Nicholas Maturo as chief operating officer. Maturo brings more than 20 years of food commerce and business technology experience at Kraft International Foods to Foodtrader.com and will be responsible for the global company’s day-to-day operations.

“Nick is a highly regarded leader in our industry with a distinguished reputation for matching business needs to technological solutions,” said Foodtrader.com CEO, Steve Berrard. “It is rare to find someone with international brand experience that understands how to apply new technology to an industry that is still deeply rooted in traditional business methods,” he continued. “Nick adds a tremendous amount of wisdom and leadership skills to our organization. He is going to see to it that we continue to define industry standards and expand our service offerings to meet marketplace demands.”

Maturo comes to Foodtrader after nearly 20 years with Kraft Foods International. Throughout his career, he held senior management positions in the U.S., Canada, Switzerland and Italy as Chief Information Officer, Director of Information Systems, Director of Procurement, Logistics and Customer Service and Director of Finance. While at Kraft Jacob Suchard in Zurich, he pioneered supply chain management by developing the architecture and support model to link central plants with country operations and customers. A native of Canada, Maturo received a BC in Finance and Economics from McGill University in Montreal.

“It has been extremely gratifying to work for one of the world’s leading food companies for the past 20 years; however the opportunity to help other companies around the world, like Kraft, use the Internet and apply Foodtrader.com’s suite of value-added
services was too exciting to miss,” said Maturo. “Foodtrader is deeply committed to bringing significant value and change to the dynamic food industry and has invested a great deal to develop unparalleled technology, expand its supplier base and become a well-respected global marketplace,” he continued. “Everything the company offers is meant to give its subscribers multiple opportunities to enhance their business performance. My job is to grow the company into a profitable business,” he said.

The addition of Maturo to the Foodtrader management team completes the core leadership team assembled by Foodtrader chairman and founder, Frank Tomasino. Maturo joins Steve Berrard, CEO; Tor Boswick, vice chairman; Tom Aucamp, vice president of business development; Jack Lynn, chief financial officer; John Hegner, chief technology officer; Nihat Arkan, vice president of food exchange & global logistics; Keith Gross, vice president of human resources; and Michelle Payer, vice president of communications.

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Miami-based Foodtrader.com (www.foodtrader.com) is one of the largest and most comprehensive online business-to-business marketplaces and e Procurement solutions for the food and agriculture industry and was recently named “Best of the Web” by Forbes magazine. Online since 1997, it has a membership base of over 13,000 buyers and sellers in 180 countries who use the site to trade food products more efficiently, consult with industry experts, and utilize a complete global sourcing and purchasing solution. Foodtrader.com was the first online business-to-business food exchange to establish a presence in South America when it opened offices in Argentina in 1999. In 2000, the Company opened offices throughout Latin America and Europe to serve 33 international markets, giving it the most extensive worldwide presence of any U.S.-based online food exchange.