Richard G. Wolford, Chairman, President and Chief Executive Officer of Del Monte Foods, Elected Chairman of the Grocery Manufact
January 25 2010 - 11:22AM
PR Newswire (US)
ORLANDO, Fla., Jan. 25 /PRNewswire-USNewswire/ -- The Grocery
Manufacturers Association (GMA) today announced the election of
Richard G. Wolford, chairman, president and chief executive officer
of Del Monte Foods (NYSE:DLM), as chairman of the GMA board of
directors. He will serve a two-year term. "In this leadership role,
GMA and the larger CPG industry will benefit greatly from Rick's
leadership, his proven business acumen and his commitment to
serving the consumer," said Pamela G. Bailey, GMA president and
CEO. "I look forward to working with him to advance GMA's ambitious
agenda on behalf of our member companies and the entire consumer
packaged goods sector." Mr. Wolford previously served GMA as vice
chairman of the board of directors and as chairman of the Industry
Affairs Council. His distinguished career in the food industry
began in 1967, when he joined the finance department at Dole Foods.
He was eventually named president of Dole Packaged Foods in 1982
and stayed with the company through 1987. Wolford went on to join
with a group of venture capital investors to identify and evaluate
acquisition opportunities and, as CEO of the acquired companies,
direct the strategy to maximize each company's performance. Working
with a private equity partnership, Wolford led the acquisition of
Del Monte Foods in 1997 and joined the company as its CEO. He was
elected chairman of the board in May 2000. "It is an honor to serve
GMA and the industry, an industry in which I have had the good
fortune to participate throughout my entire career," said Mr.
Wolford. "For more than a century, GMA has been the leading
advocate for its member companies, bringing the industry together
as one voice, to develop innovative and responsible solutions that
help us serve our consumers better than ever before. I look forward
to working with the board, the staff and as well, our trading
partners to continue that legacy." Wolford also holds a degree in
economics from Harvard University. As GMA chairman, Mr. Wolford
succeeds Campbell Soup Company President and CEO Douglas R. Conant.
In addition, GMA announced the election of four new members of the
board of directors: -- J. Alexander M. "Sandy" Douglas, Jr.,
President, North American Group, The Coca-Cola Company -- Tom
Ferriter, President and Chief Executive Officer, Bush Brothers
& Company -- Melanie Healey, Group Vice President, North
America, The Procter & Gamble Company -- Michael Mendes,
President, Chief Executive Officer and Director, Diamond Foods,
Inc. The Grocery Manufacturers Association (GMA) represents the
world's leading food, beverage and consumer products companies. The
Association promotes sound public policy, champions initiatives
that increase productivity and growth and helps ensure the safety
and security of consumer packaged goods through scientific
excellence. The GMA board of directors is comprised of chief
executive officers from the Association's member companies. The
$2.1 trillion food, beverage and consumer packaged goods industry
employs 14 million workers, and contributes over $1 trillion in
added value to the nation's economy. For more information, visit
the GMA Web site at http://www.gmaonline.org/. DATASOURCE: Grocery
Manufacturers Association CONTACT: Scott Openshaw of Grocery
Manufacturers Association, +1-202-295-3957 Web Site:
http://www.gmaonline.org/
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