8th Avenue Food & Provisions has hired Doug Kooren in the position of Chief Financial Officer. As a member of the senior management team of this new private label enterprise, he will assume a strategic role in the overall financial management of the company. He will have primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This will include direct responsibility for accounting, finance, treasury, financial planning and analysis, cash-flow, strategic planning, costing, deal/M&A analysis and negotiations, stakeholder relationships and partnership compliance and capital markets activities. He will report to Jim Dwyer, Chief Executive Officer.
Doug brings 25 years of experience in finance, accounting, audit, sales, marketing, M&A and business integration. Most recently, he was Senior Vice President, Chief Financial Officer of Foster Poultry Farms, a $2.5 billion family owned branded & private label, vertically integrated poultry company. Prior, he served as Vice President Finance/Senior Financial Officer for Lamb Weston, one of the world’s leading suppliers of frozen potato products. Doug spent the bulk of his career, in a variety of finance roles, with Conagra Foods. He started his career in public accounting (Price Waterhouse) before moving into audit with General Mills.
8th Avenue is a leading, private brand-centric, consumer products holding company, manufacturing and selling private brand food products primarily to retail, foodservice and ingredient customers. These businesses produce nut butter, dried fruits and nuts, pasta and granola products for top retailers, distributors and manufacturers. 8th Avenue Food & Provisions was formed in October 2018 through a combination of Post Holdings’ private brands businesses. The company is owned by Post Holdings and funds affiliated with Thomas H. Lee Partners, L.P. (“THL”), a private equity firm.
Partners Mike Magurany & Scott Cuellar conducted the search. Chartwell Partners is a boutique, senior-level, retained executive search firm, operating on a national platform. Founded in 2005, they have offices in Chicago, Milwaukee, Dallas, and Philadelphia. Chartwell is comprised of ten partners, as well as a support staff of executive assistants and researchers. The firm specializes in consumer products, food and retail as well as industrial and healthcare.