Poore Brothers Appoints Terry McDaniel Chief Operating Officer
April 17 2006 - 6:45AM
Business Wire
Poore Brothers, Inc. (Nasdaq: SNAK), a manufacturer and marketer of
innovative snack food brands, today announced the appointment of
Mr. Terry McDaniel to the position of Chief Operating Officer,
effective immediately. Mr. McDaniel is a highly regarded snack food
industry veteran who brings the company over 20 years of consumer
products leadership experience. He has an exemplary track record of
success in leadership roles including President and CEO of Wise
Foods, Inc., an approximately $400 million snack food manufacturer
and distributor, Vice President of Sales and Marketing for Wise
Foods, Inc., and Vice President of Sales for Haagen-Dazs Company,
Inc., where he led all direct store delivery operations and trade
marketing. Prior to these leadership positions, he held sales
leadership positions for companies such as the Nestle Corporation,
Tropicana Products, Inc. and Unilever. Reporting to Chief Executive
Officer Eric Kufel, Mr. McDaniel will be primarily responsible for
leading all day-to-day operations of the company, with a particular
emphasis on profitable revenue growth. He will also be a key
contributor to the creation and execution of innovative new
ventures designed to help the Company achieve its vision of
building a family of Intensely Different(TM) consumer brands. "We
are extremely fortunate to have Terry join the company as Chief
Operating Officer. While President and CEO of Wise Foods from 1997
to 2003, Terry delivered significantly improved operating results
and shareholder value for then owners Kohlberg, Kravis, and
Roberts. His industry expertise and contacts will add great value
to our direct store delivery potato chip brands and distribution
operations as well as our direct delivery products. His track
record of success and leadership ability will serve the company
well as we focus on capitalizing on the many opportunities in front
of us," commented Mr. Eric Kufel, Chief Executive Officer. "I
appreciate the support and confidence of the Poore Brothers
organization with my appointment. The Company has a superb
reputation as an industry innovator and I am particularly impressed
with its diverse array of intensely different(TM) brands, strong
balance sheet and significant manufacturing capacity and
capabilities. I believe Poore Brothers is a great platform for
future growth. I am honored to join the Company and I look forward
to working together with Eric and the entire team to lead
profitable long-term growth from existing brands and the creation
of innovative new ventures," commented Mr. McDaniel, Chief
Operating Officer. About Poore Brothers, Inc. With facilities in
Indiana and Arizona, Poore Brothers is a marketer and manufacturer
of Intensely Different(TM) snack foods under a variety of owned or
licensed brand names, including T.G.I. Friday's(R), Cinnabon(R),
Tato Skins(R), Poore Brothers(R), Bob's Texas Style(R), and Boulder
Canyon Natural Foods(TM). For further information about Poore
Brothers or this release, please contact Eric J. Kufel, Chief
Executive Officer, at (623) 932-6255, or logon to
http://www.poorebrothers.com. Statements contained in this press
release that are not historical facts are forward looking
statements as that term is defined in the Private Securities
Litigation Reform Act of 1995. Because such statements include
risks and uncertainties, actual results may differ materially from
those expressed or implied by such forward-looking statements.
Factors that may cause actual results to differ from the
forward-looking statements contained in this press release and that
may affect the Company's prospects in general include, but are not
limited to, the potential need for additional financing,
acquisition-related risks, significant competition, customer
acceptance of new products, dependence upon major customers,
dependence upon existing and future license agreements, general
risks related to the food products industry, and such other factors
as are described in the Company's filings with the Securities and
Exchange Commission.
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