Dean Foods News July 2019
Is giving up hopes of selling the company and will go it alone under the direction of new chief executive officer eric beringause.
Dean foods news july 2019. 12 and has arranged for financing from creditors that will allow it to keep operating and supplying customers. The company said it intends to provide details on its strategy when it reports third quarter 2019 earnings in early november. President and chief executive officer dean foods company director since july 2019.
The chain, not owned by dean, has been shrinking, down to 158 restaurants from 197 at the beginning of 2019. Dean foods (nyse:df) appoints eric beringause as its new president and ceo, effective july 29, succeeding ralph scozzafava, who has stepped down as ceo and resigned from the board. Dean foods had made multiple investments in good karma since 2017, ultimately becoming a majority shareholder.
Dean foods was ordered to pay more than $3 million in punitive damages as a result of a lawsuit filed by former employee richard jankowski of wonder lake, who alleged retaliation and. New beverage releases launched in april 2019 03 may 2019 Will remain a standalone business.
Dean foods is one of the nation's leading food and beverage companies, producing a full line of dairy products. In april, friendly’s closed 23 restaurants in five states. Df) today announced that eric beringause has been appointed president and chief executive officer and a member of the dean foods board of directors, effective july 29.
Dean foods is an american food and beverage company and the largest dairy subsidiary company in the united states. World dairy innovation awards 2019 02 july 2019 gallery: Dean foods’ stock on the new york stock exchange on aug.
Dean foods has 66 manufacturing facilities in 32 u.s. The stock has lost 98% of its value in the past year as the s&p 500 index spx, +1.17% has gained 13.7% during the period. Reports indicate saputo ceo lino saputo told bloomberg his company did not want to buy dean foods.