B&G Foods, Inc. (NYSE:BGS) announced today that Michael Sands has been promoted to the newly created position of Executive Vice President of Snacks.
Mr. Sands joined B&G Foods in October 2013 following B&G Foods’ acquisition of Rickland Orchards, which Mr. Sands co-founded with Jason Cohen. Rickland Orchards, whose products include Greek yogurt coated granola bars and bites, was the fourth snack-based acquisition by B&G Foods since October 2012.
In addition to co-founding Rickland Orchards and serving as its chief operating officer, Mr. Sands previously served as the president and chief executive officer of the Balance Bar Company, the chief marketing and operations officer of the Snapple Beverage Group, and the chief marketing officer and director of international sales of Ben & Jerry’s. Mr. Sands also was the co-founder and chief executive officer of LesserEvil Brand Snacks.
“We are delighted to announce Michael Sands’ promotion,” stated David L. Wenner, President and Chief Executive Officer of B&G Foods. “Michael has been a very strong addition to B&G Foods’ management team and has played an important role in the integration of Rickland Orchards into the B&G Foods family. His experience in all aspects of managing snack brands will greatly benefit our company.”
B&G Foods also announced that at month end Jason Cohen will transition from Executive Vice President of Club Channel to become an outside strategic advisor to B&G Foods. In this capacity, Mr. Cohen will continue to assist B&G Foods with the implementation of its sales strategy across its entire portfolio of brands.
“I have enjoyed working with B&G Foods’ seasoned management team and sales force and I am excited to continue my association with the company as a strategic advisor to its executive management team,” stated Mr. Cohen. “Working together, it is my expectation that we can foster growth for B&G Foods’ base business and newly acquired snack brands, and also develop on trend, innovative products for sale in the club channel and in broader distribution.”
“We thank Jason for his tireless efforts and the passion, energy and creative thinking he has brought to B&G Foods,” stated Mr. Wenner. “We are very pleased that our partnership will continue as we work together to seek further growth opportunities for our brands.”
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable 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, Brer Rabbit, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, JJ Flats, Joan of Arc, Las Palmas, Maple Grove Farms, Molly McButter, Mrs. Dash, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani, Smart Puffs, Sugar Twin, Trappey’s, TrueNorth, Underwood, Vermont Maid and Wright’s. B&G Foods also sells and distributes two branded household products, Static Guard and Kleen Guard.
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” 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 Annual Report on Form 10-K for fiscal 2013 filed on February 26, 2014. 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.
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