— Adds Executive with Extensive M&A, Capital Markets and Packaged
Goods Industry Experience —
PARSIPPANY, N.J.--(BUSINESS WIRE)--Aug. 14, 2017--
B&G Foods, Inc. (NYSE:BGS) announced today that it has appointed Bruce
C. Wacha as Executive Vice President of Corporate Strategy and Business
Development, a newly created position, effective August 21, 2017. In
this role, Mr. Wacha will oversee the Company’s corporate strategy and
business development, including mergers & acquisitions, capital markets
transactions and investor relations and serve on the Company’s executive
management team, reporting to President and Chief Executive Officer,
Robert C. Cantwell.
“We are very pleased to have Bruce Wacha join our team,” said Mr.
Cantwell. “M&A and capital markets transactions are vital to our growth
strategy, and Bruce is an experienced and talented executive who will be
a valuable addition as we continue to execute that strategy.”
Mr. Wacha joins B&G Foods from Amira Nature Foods Ltd. (NYSE: ANFI),
where he spent three years as that company’s chief financial officer and
executive director of the board of directors. As chief financial
officer, he was responsible for corporate finance, accounting and audit
functions, as well as management of the company’s U.S. and global
business strategy, corporate planning and governance. Prior to joining
Amira Nature Foods, Mr. Wacha spent more than 15 years in the financial
services industry at Deutsche Bank Securities, Merrill Lynch and
Prudential Securities, where he advised corporate clients across the
food, beverage and consumer products landscape. Mr. Wacha earned a
bachelor of arts and a master of business administration from Columbia
University’s Columbia College and Columbia Business School.
“I am very excited to join the B&G Foods family,” said Mr. Wacha. “B&G
Foods has a demonstrated track record of successfully acquiring and
integrating brands. I look forward to contributing to the Company’s
efforts to achieve growth through accretive acquisitions that are
aligned with today’s consumer trends.”
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and distribute a
diversified portfolio of high-quality, branded shelf-stable and frozen
foods across the United States, Canada and Puerto Rico. Based in
Parsippany, New Jersey, B&G Foods’ products are marketed under many
recognized brands, including Ac’cent, B&G, B&M,
Baker’s Joy, Bear Creek Country Kitchens, Brer
Rabbit, Canoleo, Cary’s, Cream of Rice,
Cream of Wheat, Devonsheer, Don Pepino, Durkee,
Emeril’s, Grandma’s Molasses, Green Giant, JJ Flats,
Joan of Arc, Las Palmas, Le Sueur, MacDonald’s,
Mama Mary’s, Maple Grove Farms, Molly McButter,
Mrs. Dash, New York Flatbreads, New York
Style, Old London, Original Tings, Ortega, Pirate’s Booty,
Polaner, Red Devil, Regina, Sa-són, Sclafani,
Smart Puffs, Spice Islands, Spring Tree,
Sugar Twin, Tone’s, Trappey’s, TrueNorth,
Underwood, Vermont Maid, Victoria, Weber and
Wright’s. B&G Foods also sells and distributes Static Guard,
a household product brand.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute “forward-looking statements.” The
forward-looking statements contained in this press release include,
without limitation, statements related to B&G Foods’ objective to
achieve growth through accretive acquisitions that are aligned with
consumer trends. Such forward-looking statements involve known
and unknown risks, uncertainties and other unknown factors that could
cause the actual results of B&G Foods to be materially different from
the historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements that
explicitly describe such risks and uncertainties readers are urged to
consider statements labeled with the terms “believes,” “belief,”
“expects,” “projects,” “intends,” “anticipates” or “plans” to be
uncertain and forward-looking. The forward-looking statements contained
herein are also subject generally to other risks and uncertainties that
are described from time to time in B&G Foods’ filings with the
Securities and Exchange Commission, including under Item 1A, “Risk
Factors” in the Company’s most recent Annual Report on Form 10-K and in
its subsequent reports on Forms 10-Q and 8-K. Investors are
cautioned not to place undue reliance on any such forward looking
statements, which speak only as of the date they are made. B&G Foods
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170814005232/en/
Source: B&G Foods, Inc.
Investor Relations:
ICR, Inc.
Dara Dierks, 866-211-8151
or
Media
Relations:
ICR, Inc.
Matt Lindberg, 203-682-8214
