09.01.2008 21:00:00
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Del Monte Foods Names Nils Lommerin Chief Operating Officer
Del Monte Foods Company (NYSE: DLM) today announced that Nils Lommerin
has been appointed Chief Operating Officer. Mr. Lommerin will continue
to report to Rick Wolford, Chairman and Chief Executive Officer of Del
Monte.
In his new position, Mr. Lommerin, who previously served as Del Monte’s
Executive Vice President of Operations, will assume responsibility for
the Company’s Marketing divisions, and
continue to oversee the Company’s Research &
Development, Operations and Supply Chain.
This new organizational structure will further enhance the integration
of the Company’s marketing and business
functions. Jeff Watters, Del Monte’s Senior
Vice President, Pet Products, and Apurva Mody, Senior Vice President,
Consumer Products, will now report to Mr. Lommerin.
"Nils has made exceptional contributions to
our organization and has delivered strong results,”
said Rick Wolford, Chairman and Chief Executive Officer of Del Monte. "In
his five years at Del Monte, he has demonstrated solid business acumen,
excellent decision-making skills and strong cross-functional
capabilities. Nils has also shown an ability to provide strong pragmatic
strategic and business leadership, which will serve the Company well in
his new role as COO.”
Wolford continued, "Del Monte’s
realigned reporting structure will strengthen execution against our
annual performance objectives. Importantly, it will also enable an
enhanced senior focus on our innovation initiatives, on maximizing our
brands in the market and on optimizing our ability to fully implement
the actions needed to meet our performance and strategic goals.” "I look forward to the opportunities and
challenges I will face in this new position,”
stated Mr. Lommerin. "We have an exceptional
team and an unbelievable stable of brands. I am confident that we can
work together to grow these brands while at the same time achieving our
cost reduction goals.”
Mr. Lommerin joined Del Monte in 2003 as Executive Vice President of
Human Resources. He assumed his role as Executive Vice President of
Operations in 2004. Before joining Del Monte, Lommerin served as
Executive Vice President of Operations and Corporate Services at Oxford
Health Plans, Inc. Prior to that, Lommerin held various positions at
PepsiCo, Inc. and Kraft Foods.
Mr. Lommerin holds an M.S. degree in Management from Carnegie Mellon
University and a B.A. degree in Economics from East Stroudsburg
University.
About Del Monte Foods
Del Monte Foods is one of the country's largest and most well known
producers, distributors and marketers of premium quality, branded food
and pet products for the U.S. retail market, generating more than $3.4
billion in net sales in fiscal 2007. With a powerful portfolio of brands
including Del Monte®,
StarKist®,
S&W®,
Contadina®,
College Inn®,
Meow Mix®,
Kibbles 'n Bits®,
9Lives®,
Milk-Bone®,
Pup-Peroni®,
Meaty Bone®,
Snausages® and Pounce®,
Del Monte products are found in nine out of ten U.S. households. The
Company also produces, distributes and markets private label food and
pet products. For more information on Del Monte Foods Company (NYSE:DLM)
visit the Company’s website at www.delmonte.com.
Del Monte. Nourishing Families. Enriching Lives. Every Day.™
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