Reporting to CEO, Seasoned Supply Chain
Executive Joins Leadership Team
LENEXA,
Kan., Sept. 26, 2022 /PRNewswire/ -- Hostess
Brands, Inc. (NASDAQ: TWNK), a leading sweet snacks company, today
announced that Adrian Poretti has
joined the company as chief supply chain officer (CSCO) effective
immediately.
Poretti oversees all aspects related to the company's operations
and supply chain as Hostess Brands continues to grow its business.
Poretti reports to Andy Callahan,
president and CEO of Hostess Brands, and joins the company's
leadership team. He succeeds Gary
Schmidt, interim CSCO, who had served in this role since
January 2022 and will continue to
lead the company's operations and engineering teams. Schmidt will
report to Poretti.
"We are thrilled to have an executive of Adrian's caliber join
our company and our leadership team," said Callahan. "With his deep
industry expertise and global operational experience, Adrian is a
great fit for Hostess Brands as we continue our journey of
sustainable, long-term growth. Additionally, we are grateful to
Gary for stepping up as our interim CSCO to ensure a seamless
transition."
Poretti joins Hostess Brands after nearly 30 years at
Kimberly-Clark, where he most recently served as vice president,
Global Supply Chain Capabilities. In that role, he improved
adaptability while delivering overall service to a global customer
base. Prior to that, he led Kimberly-Clark's North America end-to-end supply chain
overseeing all operations and functions, including supply planning,
procurement, manufacturing and logistics, quality, safety and
sustainability, continuous improvement, and strategy and
transformation programs. Poretti joined Kimberly-Clark Argentina in 1993 as an engineer
and held a variety of positions of increasing responsibility across
various geographies during his three decades with the company.
Prior to Kimberly-Clark, Poretti specialized in industrial
automation and was a professor at the National
University of Cordoba School of Engineering in Cordoba, Argentina. He earned his MBA from
Universidad del Salvador in
Buenos Aires in 2002.
"I'm excited to join a company that's as nimble and innovative
as Hostess Brands and to bring a fresh, global perspective to the
supply chain organization," said Poretti. "The incredible growth
that Hostess Brands has achieved during such a challenging and
dynamic global environment is a testament to the company's talented
team members, smart strategy and strong leadership. I look forward
to contributing to the company's continued success."
About Hostess Brands, Inc.
Hostess Brands, Inc.
(NASDAQ: TWNK) is a snacking powerhouse with a portfolio of iconic
brands and a mission to inspire moments of joy by putting our heart
into everything we do. Hostess Brands is proud to make America's
No. 1 cupcake, mini donut and sugar-free cookie brands. With sales
exceeding $1.1 billion and employing
approximately 2,600 dedicated team members, Hostess Brands produces
new and classic snacks, including
Hostess® Donettes®,
Twinkies®, CupCakes, Ding Dongs® and
Zingers®, as well as a variety of
Voortman® cookies and wafers. For more
information about Hostess Brands, please
visit hostessbrands.com.
Forward-Looking Statements
This press release contains
statements reflecting our views about the future performance of the
company that constitute "forward-looking statements" that involve
substantial risks and uncertainties. Forward-looking statements are
generally identified through the inclusion of words such as
"believes," "expects," "intends," "estimates," "projects,"
"anticipates," "will," "plan," "may," "should" or similar language.
Statements addressing our future operating performance and
statements addressing events and developments that we expect or
anticipate will occur are also considered forward-looking
statements. All forward-looking statements included herein are made
only as of the date hereof. We undertake no obligation to update
any forward-looking statement, whether as a result of new
information, future events or otherwise.
As a result of a number of known and unknown risks and
uncertainties, the company's actual results or performance may be
materially different from those expressed or implied by these
forward-looking statements. Risks and uncertainties are identified
and discussed in Item 1A-Risk Factors in the company's annual
report on Form 10-K for 2021 filed on March
1, 2022. All subsequent written or oral forward-looking
statements attributable to us or persons acting on the company's
behalf are expressly qualified in their entirety by these risk
factors.
Investor contact
Amit
Sharma
asharma@hostesbrands.com
Media contact
Carly
Schesel
carly.schesel@clynch.com
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SOURCE Hostess Brands