Effective July 29, 2019, Eric Beringause will succeed Ralph Scozzafava to be the new President and Chief Executive Officer of Dean Foods. As such, he will take a spot as a member of Dean Foods' Board of Directors.
"I am honored to join Dean Foods at this important juncture," said Beringause. "Dean Foods is the nation's largest dairy processor and a leader in the industry, and I am excited to work with the Board and management team to leverage our scale and substantial assets to realize the significant opportunities available to transform our company. My top priority will be to ensure we have the right footprint and strategies in place to drive sustainable growth and profitability for the benefit of our shareholders, employees, customers, and other stakeholders."
According to the press release, Beringause brings to Dean Foods more than 30 years of transformational leadership and operational experience at a broad range of blue-chip brands in the food, beverage, and consumer products industries, including expertise in food processing and branded and contract manufacturing.
Before taking on CEO for Dean Foods, Beringause held a number of other CEO positions: CEO of Sturm Foods, a leader in private-label food products, specialty food brands, and contract manufacturing; CEO of Advanced Refreshment LLC, one of the largest U.S. producers of private-label bottled water and water-based beverages; and CEO of Gehl Foods, LLC, a market-leading producer of dairy-based beverages and food products. Earlier in his career, Beringause held various business development, finance, and sales and marketing roles at Alcoa Consumer Products, Gerber Infant & Baby Products, ConAgra/Grist Mill, Nestle, Nabisco Brands, and The Pillsbury Company.
"We believe Eric is the right leader to drive the transformation of the business as the company continues to execute on its enterprise-wide cost productivity plan and its previously announced exploration of strategic alternatives," said Jim Turner, Non-Executive Chairman of the Dean Foods Board. "He has a long track record of creating value in dairy and consumer products companies, as well as a unique combination of turnaround and operational expertise."
Based on his résumé, there is no doubt that Beringause is perfect for this position.
Turner continued, "On behalf of the entire Board, I want to thank Ralph for his service and contributions to Dean Foods over the past five years. We appreciate his dedication to the company, and we wish him all the best in the future."
From all of us here at Deli Market News, we wish Eric Beringause and Dean Foods success in the future!