Philadelphia-based Pennexx Foods, a supplier of case-ready meat to retail supermarkets in the Northeast US, has named Joseph Beltrami as its new CFO.
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In replacing George Pearcy, who has left the company for personal reasons, Beltrami will bring to Pennexx more than 30 years of professional experience, including 18 years as a CFO. From 1997 to 2002, he was a consultant with at Kronick Kalada Berdy & Co, a regional public accounting firm in Kingston, PA. Prior to which he served as an independent consultant. From 1972 to 1990, he was CFO for Beltrami Enterprises.
Beltrami will report to Mike Queen, president and CEO.
“Joseph brings to Pennexx a deep and varied background in all facets of financial management as well as broad business experience,” said Queen: “In addition, he is very familiar with Pennexx’s operations, business model and growth goals, having been involved in structuring the Smithfield Foods investment. His understanding of the importance of tight financial systems and controls to support a company’s growth will be extremely beneficial to us as we pursue our goal of establishing a leadership position in the rapidly growing case-ready meat market.”
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