Del Monte Names Tim Cole Executive Vice President, Sales.SAN FRANCISCO -- Del Monte Foods Del Monte Foods (NYSE: DLM) is an American food production and distribution company based in San Francisco, California. It offers canned goods in Del Monte, S&W and Contadina brands, pet foods under Kibbles n' Bits, 9Lives, Pounce, Milk-Bone and several premium brands, Company (NYSE NYSE See: New York Stock Exchange : DLM See ILM. DLM - Distributed Lock Manager on distributed VMS systems. ) announced today that Tim Cole has joined the company as Executive Vice President, Sales, reporting to Richard G. Wolford, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Del Monte Foods. Tim was with The Quaker Oats Company, now a unit of PepsiCo, Inc. for 25 years, in a series of assignments with increasing responsibility. Recently, he was Vice President of National Accounts for the U.S., directing $3 billion in U.S. sales of all Quaker Brands including Gatorade. "Tim will be a great addition to the Del Monte team," said Richard G. Wolford, Chairman and CEO. He has significant experience leading a large sales organization and growing business with key national retail accounts. "His knowledge and experience are expected to play an important role in our future success." Del Monte Foods Company is one of the country's largest and well-known producers, distributors and marketers of premium quality, branded and private-label food and pet products for the U.S. retail market, generating over $3 billion in net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight in fiscal 2004. With a powerful portfolio of brands including Del Monte(R), Contadina(R), StarKist(R), S&W(R), Nature's Goodness(TM), College Inn(R), 9Lives(R), Kibbles 'n Bits Kibbles 'n Bits is a brand name of dog food manufactured and marketed by Del Monte Foods. It was originally created in 1981 as the first dual textured dog food, having soft chewy pieces as well as hard crunchy ones. In 1995, the brand was acquired by Del Monte. (R), Pup-Peroni(R), Snausages(R), and NawSomes!(R), Del Monte products are found in 9 out of 10 American households. For more information on Del Monte Foods Company, visit the Company's website at www.delmonte.com. |
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