NORWICH, N.Y., Dec. 22, 2020 /PRNewswire/ — Chobani today introduced that veteran finance executive Jody Macedonio will serve as Main Financial Officer, helpful Dec. 28, 2020.
Macedonio, who will report to Chobani President & COO Peter McGuinness, is joining Chobani at an interesting time as it enters and grows in 4 groups: plant-dependent oat milks, dairy & plant-dependent oat creamers, functional wellness beverages, and a new probiotic yogurt portfolio. This comes as Chobani proceeds to mature by double digits in total greenback income in grocery outlets1 and on line.
Particularly, Chobani’s yogurt business is also developing double-digit and continues to outpace the yogurt group1 by a lot more than twofold.
In oat milk, Chobani is now the #2 brand name in US Meals marketplace share in just eight months due to the fact its start2 and exceeded its program by in excess of 100% in earnings.
To assist guidance this development, Chobani’s interim CFO Michelle Brooks will continue her function as Treasurer and take on the newly designed role of Chief Small business Enhancement Officer. Brooks remains on the Govt Leadership team, reporting to Macedonio.
“As we build the next technology food company, we’re building the management team who will assistance us make it transpire. Jody brings deep operational finance leadership experience. She has a passion for food and beverage, she loves a problem, she’s super-collaborative and very progress-driven,” said McGuinness. “Michelle’s new management role is central to our expansion system as a fashionable meals firm. Jointly, Jody and Michelle are a formidable mixture.”
Regardless of the worries of the international COVID-19 pandemic, Chobani invested 2020 investing in its people, communities and innovation. Chobani donated far more than 7 million products to meals banking institutions coastline to coastline, turned its cafe into a foodstuff pantry, kept its workforce safe and supported and its plants running 24/7 though providing exclusive rewards to its important staff like added quarterly bonuses and day-to-day childcare stipends. The company also just lately announced a dedication to a starting up wage of $15 an hour, much more than double the federal minimum amount wage. This expenditure delivers its regular wage to $19 an hour for its essential workers. In the course of this time, Chobani has also launched over 50 new goods throughout 4 classes continuing to bring superior food items to a lot more people.
Both Macedonio and Brooks have a commitment to Chobani’s values and growth culture alongside with deep enterprise knowledge.
Macedonio has more than 20 years of world practical experience as a finance govt in the consumer goods marketplace. Most recently she served as the CFO of 8th Avenue Food stuff & Provisions, a PE backed CPG enterprise affiliated with Put up Holdings and prior to that CFO of Dean Foodstuff. 
Speedily rising by way of the ranks in senior finance roles at multi-nationals like Henkel AG, PepsiCo, Nestle, and SmithKline Beecham, she’s led sophisticated turnarounds, efficiency initiatives, restructurings and substantial-scale post acquisition integrations.
“Chobani has manufactured extraordinary strides in a small period of time – as a model, there is no far better spot to be in meals. Growth through innovation has been impressively good and nimbly executed. I look ahead to becoming a member of the group to aid travel ongoing, strategic development as Chobani broadens its portfolio to additional food stuff classes,” said Macedonio. “With its individuals-very first tradition, and Chobani’s philosophy of investing in its workers, making additional nutritious foods far more accessible to all and significant support for its communities, I am amazingly excited and grateful to be a part of the Chobani family.”
Macedonio is a Board Director for 4phrase, a countrywide non-profit organization for qualified women where she enjoys mentoring and is an ardent advocate for diversity and inclusion. She and her spouse Mark have two developed kids who reside in Austin, TX and Los Angeles, CA.
Brooks’s new function as Chief Small business Growth Officer reflects her remarkable expenditure expertise and her wide-based business enterprise acumen. Brooks will proceed to perform a key function in symbolizing Chobani with its financial institution neighborhood and lead new ventures to provide even a lot more general performance and expansion.
“Michelle has been exceptionally instrumental in helping us realize awesome advancement, notably in 2020. Her dedication and passion for Chobani’s mission exists in everything she does, and we are so grateful she has recognized this new leadership purpose,” said McGuinness.
Chobani lately introduced the debut of the new World of Chobani Probiotics, a vary of organic and natural oat-based mostly useful probiotic beverages and a entire portfolio of dairy primarily based probiotic yogurts and beverages, kids pouches and shakes all with a special blend of immune supporting probiotics. Chobani also included new goods to the firm’s batch-created oat milk system, which include the vegan-friendly Chobani® Oat Zero Sugar3 with 0 grams of sugar and two new Chobani® Oat Espresso Creamers.
For much more information about all Chobani products and solutions, you should visit https://www.chobani.com.
About Chobani
Our founding mission was “better food for much more persons” but over a ten years later on, as we’ve grown from a yogurt corporation to a food items-concentrated wellness business, Chobani has expanded its guiding eyesight to achieve nutritional, social, and environmental wellness. Primary the improve is Chobani’s ambition “to make universal wellness come about quicker.” In brief, Chobani takes advantage of foodstuff as a pressure for fantastic for all, focusing philanthropic attempts on humanity and giving a portion of the firm’s once-a-year income to support the wants of our communities. As the maker of America’s No. 1-marketing Greek Yogurt model, Chobani has considering that expanded its portfolio to contain oat milks, non-dairy probiotic drinks, and dairy- and plant-based mostly creamers. All Chobani products are kosher accredited, consist of reside and active cultures, and are produced with no any synthetic flavors, sweeteners, or preservatives. Chobani merchandise are obtainable nationwide throughout North The us, with production in Australia, and distribution in Asia and Latin The usa. For extra details, please visit www.chobani.comand www.fb.com/chobani
1 Supply: Nielsen U.S. Foodstuff, Creating Calendar Yr 7 days ending 12/12/20
2 Supply: Nielsen U.S. Foodstuff, Creating Calendar 12 months week ending 12/13/20
3 Not a very low calorie meals
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Source Chobani, LLC
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