TreeHouse Foods’ Executive Vice President and Chief Financial Officer William J. Kelley Jr. recently announced his plan to step down from his position. On an interim basis, he will be succeeded by Patrick O’Donnell, Chief Accounting Officer of TreeHouse Foods.
O’Donnell has been with TreeHouse for the last five years and was recently promoted to Chief Accounting Officer. He previously served as Corporate Controller, and he also led Corporate Financial Planning and Analysis and served as Assistant Controller. Prior to joining the company, O’Donnell held roles with increasing responsibility for more than 14 years at PricewaterhouseCoopers.
The company has engaged an executive search firm to review candidates for a permanent Chief Financial Officer, including both internal and external candidates. In the meantime, O’Donnell will be serving as the interim EVP and CFO.
Noted in the release, Kelley informed his decision to step down was to pursue another professional opportunity. Kelley will remain with TreeHouse through June 30, 2022, to ensure a smooth transition.
“I am proud of all that we accomplished over the last six years. Our focus on commercial and operational excellence, portfolio optimization, and people and talent has enabled us to create a fundamentally stronger business,” Kelley commented. “I’m confident that TreeHouse is in an excellent strategic and financial position and has [a] tremendous opportunity ahead.”
Steve Oakland, President and Chief Executive Officer, commented on the executive transition.
“Bill has been an instrumental leader, and I want to thank him for his partnership and many contributions to TreeHouse and wish him well in his future endeavors,” said Oakland. “The transformation work and the capabilities we have built across our organization over the last several years have positioned us well to capitalize on the growing demand for private label, and I am confident that Pat will provide seamless continuity as we continue our transformation and search for a permanent CFO. We remain committed to serving our customers and driving growth and value for our shareholders.”
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