DENVER, March 04, 2024–(BUSINESS WIRE)–Alphia, one of North America’s largest pet food co-manufacturers, announced today that Fred Jasser has joined the company as Chief Financial Officer, effective immediately.
“Fred brings to Alphia extensive corporate finance, operational, commercial and strategic experience – we are excited to welcome him to our team as we build our capabilities and embark on our next phase of growth and expansion,” said David McLain, Chief Executive Officer and President, Alphia. “His track record in executing complex transactions and integrations will be invaluable as we drive both organic and inorganic growth.”
With more than 20 years of experience in financial, operational and strategic leadership positions within the food, consumer and retail sectors, Fred Jasser brings to Alphia a deep understanding of food manufacturing, consumer industry dynamics and capital markets. Prior to joining Alphia, he served as Chief Strategy Officer and Chief Financial Officer at Hearthside Food Solutions, a leading contract manufacturer of baked snacks and fresh and prepared foods for major brands. While at Hearthside, he led several acquisitions, divestitures and cross-functional initiatives across the supply chain, manufacturing, finance and sales that enabled Hearthside to better serve its customers and address industry trends. consumer.
“I am excited to join Alphia, a best-in-class manufacturer in the exciting pet food category with positive industry tailwinds,” said Fred Jasser. “I look forward to working with Dave and his team, building a culture of operational excellence while always keeping customers and pet parents at the heart of everything they do.”
Prior to joining Hearthside, Fred Jasser was a vice president at merchant bank BDT Capital Partners, where his role included serving as interim CFO for portfolio companies and clients. Previously, he was treasurer for Sears Holdings Corporation and before that was a vice president in Goldman Sachs’ investment banking division in the consumer and retail group. He also held positions at Wasserstein Perella and PwC.
About Alphia
Alphia® is a leading custom manufacturer of super-premium pet food in the US, producing more than one billion pounds of dry pet food and treats annually. Customers choose Alphia as their trusted partner for offering unparalleled marketplace intelligence, providing research and development expertise, and delivering the safest, highest quality products on the shelf. Alphia’s decades of leadership remain committed to safety, quality and continued delivery of growth for its customers, its employees, and their communities. Alphia has six (6) manufacturing facilities nationwide and is also the parent company of LANI, a world-class ingredient milling solutions provider, and Veracity, a logistics company that provides services in warehousing, transportation , and distribution. Combined, Alphia offers its partners a complete farm-to-bowl custom solution. For more information, visit www.alphia.com.
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