Coke, Pinnacle Chiefs Elected to GMA Board of Directors
The Grocery Manufacturers Association (GMA) recently announced that Muhtar Kent, president and CEO, The Coca-Cola Co., and Jeffrey P. Ansell, CEO, Pinnacle Foods Group LLC, were elected to its board of directors at its annual meeting. Six new member companies were also welcomed to the association.
Kent joined The Coca-Cola Co. in Atlanta in 1978 and served the company in a number of marketing and operations roles around the globe. He was appointed president and COO in late 2006 before succeeding Neville Isdell as CEO in July of this year. Ansell is a 25 year veteran of The Procter & Gamble Co., where most recently he headed its global pet health and nutrition business. In July 2006, Ansell was named CEO of Pinnacle Foods.
The GMA Board also added a diverse cross-section of companies to its ranks by approving the membership applications of: The Kroger Co., Kerry Ingredients & Flavours, Ruiz Foods, 3M Medical Division, Bridge Strategy Group LLC and TraceGains, Inc.
Cost Plus Appoints New Exec to Board of Directors
Oakland, Calif. Cost Plus announced that Willem Mesdag has been appointed by its board of directors to serve as an independent outside director until the next annual meeting of shareholders, effective immediately.
Mesdag is the founder and managing partner of Red Mountain Capital Partners LLC, an investment firm based in Los Angeles. Red Mountain owns approximately 12.5% of the outstanding shares of Cost Plus.
A&F Names Executive VP, CFO
New Albany, Ohio Abercrombie & Fitch Co. announced that Jonathan E. Ramsden has been named executive VP and CFO, effective mid-December 2008.
Ramsden has served as the CFO and a member of the executive team of TBWA Worldwide, an advertising-agency network that is a division of Omnicom Group Inc.