Chief financial officer named at Universal Foods.MILWAUKEE--(BUSINESS WIRE)--July 10, 1995--Michael Fung has been named vice president and chief financial officer of Universal Foods Corp. (NYSE NYSE See: New York Stock Exchange :UFC UFC Ultimate Fighting Championship UFC Universidade Federal do Ceará (Brazilian University) UFC Unified Facilities Criteria UFC Uniform Fire Code UFC Uniform Freight Classification UFC United Facilities Criteria UFC USACE Finance Center ). In making the announcement, Guy A. Osborn, chairman and chief executive officer, said, ``Michael Fung has a very strong background in finance and corporate development as well as experience in the food industry and international operations. He will be a real asset to the Universal Foods' family of ingredient companies as we strengthen our technology base and international presence.'' Fung, 44, succeeds John E. Heinrich who passed away unexpectedly in December, 1994. A certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. , Fung began his career with Deloitte & Touche LLP. He left public accounting to join Beatrice Companies Inc. in Chicago where he served for 11 years in positions of increasing responsibility, including director of corporate auditing and corporate vice president and director of operations analysis. He was corporate vice president and controller of Beatrice Co. and E-II Holdings Inc. following the buyout of the company by Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co. in 1987. He then served as vice president and chief financial officer of Bass Pro Shops Bass Pro Shops is a privately held sporting goods and outdoor goods store headquartered in Springfield, Missouri. The original Outdoor World store, referred to as the "Grand Daddy" is located at the corner of Sunshine and Campbell in Springfield. and Tracker Marine in Springfield, Mo. and most recently was senior vice president and chief financial officer of Vanstar Corp., formerly known as Computerland, in Pleasanton, Calif. A graduate of the University of Illinois University of Illinois may refer to:
Reporting to Fung will be the company's corporate controller's department, tax department, treasury department and corporate communication and investor relations department. Universal Foods Corp. uses technology to add distinction to foods and other products worldwide through its technical expertise in flavors, flavor enhancers and other bioproducts, colors, dehydrated de·hy·drate v. de·hy·drat·ed, de·hy·drat·ing, de·hy·drates v.tr. 1. To remove water from; make anhydrous. 2. To preserve by removing water from (vegetables, for example). vegetables and yeast products. The company operates 45 production and technical facilities in 15 countries. CONTACT: Universal Foods Corp., Milwaukee Mary Brevard, 414/347-3827 |
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