Utz Brands, Inc. (NYSE: UTZ) (“Utz” or the “Company”), a leading
U.S. manufacturer of branded salty snacks, today announced that
Mitchell (“Mitch”) Arends has been appointed Executive Vice
President, Chief Integrated Supply Chain Officer and Cary Devore
has been appointed Executive Vice President, Chief Operating and
Transformation Officer. These appointments, which will be effective
November 27, 2023, will enhance the Company’s execution of both
short- and long-term objectives, including supply chain
optimization and integrated business planning.
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Utz Brands appoints Mitch Arends as
Executive Vice President, Chief Integrated Supply Chain Officer
Source: Utz Brands, Inc. (Photo: Business Wire)
“I believe that these appointments will significantly strengthen
the Company’s ability to deliver our strategic priorities, unlock
further potential and help drive our short- and long-term growth
objectives,” said Howard Friedman, Chief Executive Officer of
Utz.
As Chief Integrated Supply Chain Officer, Mr. Arends will
oversee all aspects of the supply chain, including procurement,
manufacturing, transportation, warehousing, and planning. He will
accelerate Utz’s efforts to optimize its supply chain network and
capabilities, leveraging the significant progress the Company has
made over the last two years in scaling its productivity program,
improving its service levels, and implementing improved processes
and capabilities. Utz will provide more detail on its supply chain
optimization initiatives, and introduce Mr. Arends, at its Investor
Day in New York City on December 15, 2023. Mr. Arends will report
to Howard Friedman, Utz’s Chief Executive Officer.
“Mitch’s experience and track record in integrated supply chain
leadership make him an excellent fit for Utz, especially as we
continue our journey to further optimize our supply chain network.
He will work closely with our talented existing manufacturing and
supply chain leadership team in Shannan Redcay, EVP, Manufacturing,
and Chad Whyte, EVP, Supply Chain. Given the significant
opportunity ahead of us, Mitch’s leadership and expertise will
enhance our ability to execute with excellence at speed,” said
Howard Friedman, Chief Executive Officer of Utz.
As Chief Operating and Transformation Officer, Mr. Devore will
oversee the execution of the Company’s strategic plan priorities,
large-scale transformation initiatives, and scaling key enabling
capabilities across the Company. An experienced executive with more
than seven years at Utz, he is uniquely positioned to lead the
Company’s transformation activities given the complexity and
long-term impact to the organization. Given the scope of the
Company’s strategic plan, it is important to have someone of Mr.
Devore’s experience, knowledge of the Company, and ability to
ensure flawless execution.
“Cary is a proven performer and his contributions have been
instrumental over the past seven years, including in the Company’s
transition from a smaller private to a larger publicly traded
company,” Mr. Friedman said. “I am extremely pleased he has
accepted this significant role leading our major strategic plan
initiatives. Cary’s breadth of knowledge about our company,
diversity of experience, and acumen make him the perfect partner to
deliver this work stream and elevate total company
performance.”
About Mitchell Arends
Mr. Arends comes to Utz with over 25 years of experience in all
aspects of supply chain, most recently as Chief Supply Chain
Officer of North America Operations at Kraft Heinz. At Kraft Heinz,
Mr. Arends had end-to-end accountability for a $22 billion supply
chain with direct P&L responsibility. Under his leadership,
Kraft Heinz transformed into one of the top 25 CPG supply chains as
recognized by Gartner. Prior to Kraft Heinz, where Mr. Arends held
various roles from 2010 - 2023, Mr. Arends served in procurement
and operations roles at Nestle & Gerber, R.R. Donnelley &
Sons, and Deere & Company.
Mr. Arends holds a B.A. in Supply Chain Management / Operations
Management from Michigan State University, as well as an M.B.A.
from Arizona State University with an emphasis in Supply Chain
Management.
About Cary Devore
Mr. Devore joined Utz in November 2016 and has served in a
variety of senior leadership roles. He became EVP, Chief Financial
Officer in 2019 before transitioning to his current position of
EVP, Chief Operating Officer in 2021. Prior to Utz, Mr. Devore held
various roles in the private equity sector.
Mr. Devore graduated from the University of Illinois with a
Bachelor of Science in Accounting, Magna Cum Laude, and received
his MBA from the University of Michigan with High Honors.
About Utz Brands, Inc.
Utz Brands, Inc. (NYSE: UTZ) manufactures a diverse portfolio of
savory snacks through popular brands including Utz®, On The Border®
Chips & Dips, Golden Flake®, Zapp’s®, Good Health®, Boulder
Canyon®, Hawaiian Brand®, and TORTIYAHS!®, among others.
After a century with strong family heritage, Utz continues to
have a passion for exciting and delighting consumers with delicious
snack foods made from top-quality ingredients. Utz’s products are
distributed nationally through grocery, mass merchandisers, club,
convenience, drug, and other channels. Based in Hanover,
Pennsylvania, Utz has multiple manufacturing facilities located
across the U.S. to serve our growing customer base. For more
information, please visit www.utzsnacks.com or call
1‐800‐FOR‐SNAX.
Investors and others should note that Utz announces material
financial information to its investors using its investor relations
website (https://investors.utzsnacks.com/investors/default.aspx),
U.S. Securities and Exchange Commission (the “Commission”) filings,
press releases, public conference calls, and webcasts. Utz uses
these channels, as well as social media, to communicate with our
stockholders and the public about the Company, the Company’s
products, and other Company information. It is possible that the
information that Utz posts on social media could be deemed to be
material information. Therefore, Utz encourages investors, the
media, and others interested in the Company to review the
information posted on the social media channels listed on Utz’s
investor relations website.
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version on businesswire.com: https://www.businesswire.com/news/home/20231114922203/en/
Utz Brands, Inc. Contact:
Investors Kevin Powers kpowers@utzsnacks.com
Media Kevin Brick kbrick@utzsnacks.com
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