NORWICH, N.Y., Dec. 22, 2020 /PRNewswire/ — Chobani currently introduced that veteran finance govt Jody Macedonio will serve as Chief Money Officer, productive Dec. 28, 2020.
Macedonio, who will report to Chobani President & COO Peter McGuinness, is joining Chobani at an enjoyable time as it enters and grows in 4 groups: plant-centered oat milks, dairy & plant-primarily based oat creamers, purposeful wellness beverages, and a new probiotic yogurt portfolio. This arrives as Chobani proceeds to improve by double digits in overall greenback gross sales in grocery outlets1 and on line.
Especially, Chobani’s yogurt company is also rising double-digit and proceeds to outpace the yogurt class1 by extra than twofold.
In oat milk, Chobani is now the #2 model in US Food stuff market place share in just 8 months since its launch2 and exceeded its strategy by over 100% in revenue.
To aid support this advancement, Chobani’s interim CFO Michelle Brooks will go on her purpose as Treasurer and take on the newly made purpose of Main Business enterprise Enhancement Officer. Brooks stays on the Executive Leadership workforce, reporting to Macedonio.
“As we create the subsequent technology foodstuff company, we’re building the leadership staff who will aid us make it occur. Jody delivers deep operational finance management experience. She has a enthusiasm for foodstuff and beverage, she loves a obstacle, she’s super-collaborative and very progress-pushed,” reported McGuinness. “Michelle’s new management function is central to our advancement strategy as a modern day food firm. Collectively, Jody and Michelle are a formidable mixture.”
Irrespective of the difficulties of the global COVID-19 pandemic, Chobani expended 2020 investing in its people today, communities and innovation. Chobani donated far more than 7 million products to food items financial institutions coast to coastline, turned its cafe into a food pantry, saved its workforce protected and supported and its vegetation operating 24/7 even though providing particular benefits to its vital employees like supplemental quarterly bonuses and daily childcare stipends. The corporation also just lately declared a motivation to a starting wage of $15 an hour, additional than double the federal minimum amount wage. This investment delivers its average wage to $19 an hour for its important employees. In the course of this time, Chobani has also introduced around 50 new goods across 4 classes continuing to provide improved food items to additional people today.
Both Macedonio and Brooks have a commitment to Chobani’s values and expansion culture together with deep enterprise experience.
Macedonio has a lot more than 20 a long time of international encounter as a finance executive in the purchaser merchandise industry. Most lately she served as the CFO of 8th Avenue Food & Provisions, a PE backed CPG firm affiliated with Publish Holdings and prior to that CFO of Dean Foodstuff.
Rapidly mounting via the ranks in senior finance roles at multi-nationals like Henkel AG, PepsiCo, Nestle, and SmithKline Beecham, she’s led intricate turnarounds, efficiency initiatives, restructurings and large-scale write-up acquisition integrations.
“Chobani has created extraordinary strides in a short period of time of time – as a manufacturer, there is no far better spot to be in food items. Development through innovation has been impressively wise and nimbly executed. I look forward to becoming a member of the group to support travel ongoing, strategic progress as Chobani broadens its portfolio to more foodstuff categories,” mentioned Macedonio. “With its individuals-initial culture, and Chobani’s philosophy of investing in its staff, building far more wholesome food extra accessible to all and meaningful help for its communities, I’m incredibly excited and grateful to be a aspect of the Chobani household.”
Macedonio is a Board Director for 4phrase, a countrywide non-earnings business for professional females wherever she enjoys mentoring and is an ardent advocate for diversity and inclusion. She and her partner Mark have two grown little ones who reside in Austin, TX and Los Angeles, CA.
Brooks’s new position as Chief Small business Enhancement Officer demonstrates her remarkable investment decision knowledge and her broad-primarily based business acumen. Brooks will carry on to engage in a essential function in representing Chobani with its financial institution community and guide new ventures to supply even extra overall performance and advancement.
“Michelle has been exceptionally instrumental in serving to us achieve astounding expansion, notably in 2020. Her determination and passion for Chobani’s mission exists in everything she does, and we are so grateful she has approved this new leadership purpose,” stated McGuinness.
Chobani just lately introduced the debut of the new Globe of Chobani Probiotics, a array of organic oat-dependent practical probiotic drinks and a complete portfolio of dairy based mostly probiotic yogurts and drinks, young children pouches and shakes all with a distinctive mix of immune supporting probiotics. Chobani also additional new products to the company’s batch-manufactured oat milk system, which include the vegan-friendly Chobani® Oat Zero Sugar3 with grams of sugar and two new Chobani® Oat Espresso Creamers.
For extra info about all Chobani solutions, please visit http://www.chobani.com.
About Chobani
Our founding mission was “better food for more people” but in excess of a decade afterwards, as we have developed from a yogurt business to a food stuff-targeted wellness corporation, Chobani has expanded its guiding eyesight to accomplish nutritional, social, and environmental wellness. Main the adjust is Chobani’s ambition “to make common wellness materialize sooner.” In brief, Chobani utilizes meals as a pressure for superior for all, focusing philanthropic initiatives on humanity and giving a part of the company’s annual profits to support the needs of our communities. As the maker of America’s No. 1-offering Greek Yogurt manufacturer, Chobani has because expanded its portfolio to include things like oat milks, non-dairy probiotic drinks, and dairy- and plant-primarily based creamers. All Chobani solutions are kosher licensed, have reside and energetic cultures, and are manufactured devoid of any synthetic flavors, sweeteners, or preservatives. Chobani items are available nationwide during North The usa, with manufacturing in Australia, and distribution in Asia and Latin The united states. For more information and facts, remember to visit www.chobani.com and www.facebook.com/chobani
1 Resource: Nielsen U.S. Food items, Developing Calendar Yr 7 days ending 12/12/20
2 Resource: Nielsen U.S. Food items, Creating Calendar yr 7 days ending 12/13/20
3 Not a very low calorie meals
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Source Chobani, LLC
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