Utz information administration makeover | 2021-07-26
HANOVER, PA. — Utz Makes, Inc. has declared more alterations to its government administration workforce, including a new main operating officer, chief monetary officer and chief individuals officer. The executive modifications are component of the company’s attempts to greater place alone for its up coming phase of growth and come a small additional than a thirty day period soon after the corporation named a new main advancement officer and main buyer officer.
“As we evolve as a general public firm, we will continue to improve Utz’s leadership team to speed up our capacity to mature and bolster our group,” explained Dylan Lissette, chief executive officer of Utz. “Our collective purpose is to make long-expression price for our stakeholders, and we are uniquely positioned to capitalize on growth chances for our Electrical power Brand names while also enhancing profitability by means of our worth development initiatives. We believe that today’s bulletins present the enterprise with the optimal organizational framework to execute versus our system and will finest situation Utz to supply on its determination to be the speediest-increasing, pure-engage in branded salty snack company of scale in the US.”
Cary Devore has been named govt vice president and COO, a new position inside of Utz, effective Oct. 4. In the recently established job, Mr. Devore will get the job done throughout the group to aid push profits advancement, efficiency and operational excellence. In addition, he will carry on to push the company’s strategic corporate initiatives, like mergers and acquisitions and money markets, as perfectly as continue on to deliver oversight for the Challenge Administration Office, which manages the implementation of benefit creation and acquisition integration initiatives.
Mr. Devore has been executive vice president and CFO given that 2019. Before, he worked with Mr. Lissette on driving mergers and acquisitions, benefit development and workforce progress. He joined Utz in 2016 as a board member as portion of a minority fairness expenditure into Utz and transitioned to a full-time operational position in 2017. Ahead of signing up for Utz he was a controlling spouse at Metropoulos & Co. He also has labored as a taking care of director at SilverStream Money, LLC a principal at HBK Non-public Equity LLC an associate director at UBS Financial commitment Financial institution and an assistant vice president at Jordan Industries.
Ajay Kataria has been promoted to govt vice president and CFO. Mr. Kataria is now the company’s government vice president of finance and accounting. Mr. Kataria is a world-wide customer items finance leader with extra than 20 many years of experience. As CFO, he will presume accountability of accounting, tax and trader relations, in addition to the small business partner groups and information know-how operate, which he oversees currently.
Mr. Kataria joined Utz in 2017 and has been instrumental in setting up out the company’s FP&A, professional finance, and provide chain finance teams, as very well as overseeing the IT operate, and participating in a leadership purpose in migrating to a new completely integrated ERP infrastructure. In addition, he has been a essential contributor to Utz’s M&A integrations and served lead the accounting workforce through the company’s general public listing approach. He joined Utz from Armstrong Flooring, Inc., the place he was vice president of world-wide finance and method. Prior to Armstrong, he was vice president of finance at Chobani. Prior to Chobani, he used a decade with PepsiCo, Inc., in which he held ever more complicated finance roles in large regional and national direct-retailer shipping operations within just the US beverage enterprise.
Jim Sponaugle has been named govt vice president and main folks officer. Mr. Sponaugle joined Utz in early 2020 as senior vice president of human resources and personnel development. He has been instrumental in guiding the corporation via the COVID-19 pandemic, though he also assisted build the company’s corporate governance and compliance framework as a recently general public corporation. Prior to joining Utz he spent 11 a long time at Stewart Providers in a range of roles, together with govt vice president and enterprise advancement director. He also spent 9 years at Cintas Corp. as a common supervisor and advertising manager.
Utz also declared that Todd Staub, govt vice president and chief administrative officer, has announced his intention to retire productive Jan. 3, 2022. Mr. Staub has been with Utz for 25 decades and has held a variety of roles, together with controller and CFO.
In June, Utz named Shane Chambers to the recently created part of executive vice president and chief progress officer and Mark Schreiber to govt vice president of income and main consumer officer.