23 Dec 2024

Dean foods | Dean Foods Finance Chief Steps Down

Dean Foods Co. said the chief financial officer it hired last year has left the company.

Edited by: Damián Morais
WSJ
Micah Maidenberg

The dairy producer said Jody Macedonio stepped down from the job on Tuesday. She joined Dean in February 2018 and had previously worked for consumer-goods company Henkel AG & Co. and PepsiCo Inc., according to a securities filing.
The company appointed Gary Rahlfs as interim finance chief. He has worked as senior vice president focused on finance and strategy at Dean since May 2019. Mr. Rahlfs also has served in executive roles at the University of North Texas and PepsiCo, the company said.
Dean has lost about two-thirds of its market value this year amid falling prices for milk and weaker consumer demand. Shares fell 4.3% Tuesday to close at $1.33.
Dean hired a new chief executive, Eric Beringause, earlier this year.

Look also

King Island Dairy’s closure has island’s young locals facing uncertain future

Local cheese maker Rowan Cooke was devastated when he heard King Island Dairy would be shutting down.

You may be interested in

Fonterra Surpasses Previous Record in Fixed Milk Price Allocations

King Island Dairy’s closure has island’s young locals facing uncertain future

Kerry Co-op announces nominee directors for Kerry Dairy Ireland

Topics |
Dean foods, PepsiCo

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.