strategic leader shift in a post- people on the move

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1/5 by Hunt Executive Search CPG / Retail Edition Q2 / April 2021 "A" Player Human Capital Leader Shift Insights Strategic LeaderShift in a Post- Pandemic World As COVID-19 ebbs, flows, and eventually dissipates, one thing is vividly clear, organizations of all shapes and sizes need to accelerate talent management trends and take action now to craft a strong talent strategy in order to compete, let alone thrive in the new normal. Featured Searches Click link for details about each featured search: Chief Executive Officer (Branded CPG) Chief Operating Officer (Food Contract Mfg) Vice President Marketing (B2B Consumer Svc) SVP Operations (CPG Private Label) Board of Directors (Private Equity) People on the Move Joe Cavaliere joined HanesBrands as Group President. He was with Newell, Unilever, and Kraft. Gianni Pieraccioni is joined beauty contract and private label manufacturer and Bain portfolio company Maesa as CEO. He was at Coty, Revlon, P&G, and J&J. Industry News Yellow Wood Partners acquired the international Scholl brand from Reckitt, uniting the brand globally with Dr. Scholl's which they previously acquired from Bayer. Bridges Consumer Healthcare acquired Clarion Brands, the maker of Absorbine Jr., Florajen Probiotics and other consumer health brands from Swander Pace.

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Page 1: Strategic Leader Shift in a Post- People on the Move

1/5

byHunt Executive Search

CPG / Retail Edition

Q2 / April 2021

"A" Player Human Capital LeaderShift Insights

Strategic LeaderShift in a Post-Pandemic World

As COVID-19 ebbs, flows, and eventually dissipates, onething is vividly clear, organizations of all shapes and sizesneed to accelerate talent management trends and take actionnow to craft a strong talent strategy in order to compete, letalone thrive in the new normal.

Featured SearchesClick link for details about each featured search:

Chief Executive Officer (Branded CPG)

Chief Operating Officer (Food Contract Mfg)

Vice President Marketing (B2B Consumer Svc)

SVP Operations (CPG Private Label)

Board of Directors (Private Equity)

People on the Move

Joe Cavaliere joinedHanesBrands as GroupPresident. He was withNewell, Unilever, and Kraft.

Gianni Pieraccioni is joinedbeauty contract and privatelabel manufacturer and Bainportfolio company Maesa asCEO. He was at Coty,Revlon, P&G, and J&J.

Industry News

Yellow Wood Partnersacquired the internationalScholl brand from Reckitt,uniting the brand globallywith Dr. Scholl's which theypreviously acquired fromBayer.

Bridges ConsumerHealthcare acquired ClarionBrands, the maker ofAbsorbine Jr., FlorajenProbiotics and otherconsumer health brands fromSwander Pace.

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People on the Move

MAC Cosmetics recruited AidaMoudachirou Rebois as SVP GlobalMarketing. Aida was with Revlon, J&J, andL’Oréal.

Gianni Pieraccioni is joined beauty contractand private label manufacturer and Bainportfolio company Maesa as CEO. He was atCoty, Revlon, P&G, and J&J.

Cathy Gollwitzer joins Golding FarmsFoods as Chief Commercial Officer. She waswith TreeHouse Foods, Chicken of the Sea,ConAgra, and Nestle.

Frank Rizzo joined Mana Products, aTraub Capital portfolio company as CFO.Frank was with Tasty Brands andMcCall/Simplicity Pattern.

Paula's Choice Skincare recruited SarahBethel as Head of Supply Planning &Procurement. She was from L Brands / Bath& Body Works.

Skip Tappan joined Gordon Food Serviceas Chief Supply Chain Officer. Skip waspreviously with Walmart, Campbell Soup,Sun Products and Procter & Gamble.

Lindsay Sturman joined King ArthurBaking as VP of the DTC business. She wasat Under Armour.

Beam Suntory appointed Heather Boyd asManaging Director RTD Beverages. She wascannabis company Acreage Holding andDiageo.

David Lee joined agtech companyAppHarvest as President. He was withImpossible Foods.

Brian Schiegg joined Schwan’s ConsumerBrands as President. He was with OceanSpray and Mars.

Joe Cavaliere joined HanesBrands as GroupPresident. He was with Newell, Unilever, andKraft.

Chris Kiser joined Spice World as CEO. Hewas at Teasdale Foods, Del Monte, PinnacleFoods, Diageo, and Campbell Soup.

Brian Connolly joined pet food producerNatural Balance as CEO. He co-foundedCastor & Pollox.

Roberto Canevari joins Estee Lauder asEVP Global Supply Chain. He was was withUnilever, Burberry, Carrefour, and Nestle.

Scott Moffit joined fresh-prepared foodmaker Häns Kissle as CEO. He was withDanone, Keurig, Henkel, and PepsiCo.

CR Brands appointed Tim Seitter as CEO.He was with Church & Dwight, Pactiv,Spalding, and Kraft Foods.

Paul Vraciu joined food companyBrainCare as CEO. He was at LeprinoFoods and P&G.

Chris Marschall joined Yukon Wellness asCEO. He was at Bausch + Lomb, Pfizer, andWyeth.

Clearlake Capital new portfolio companyWellPet appointed Reed Howlett as CEO.Reed was with Nature's Variety, Dreyer'sIce Cream.

Julie Barron joined Simply Protein for Petsas CEO. She was at Solid Gold Pet.

Jason Goldberger joined Unilever as theCEO of Dollar Shave Club. He was at SurLa Table, Target, and Amazon.

SC Johnson recruited Jai Kibe as CMO. Hewas at Coca-Cola.

Tom Aslin joined craft beer make as ChiefCommercial Officer. He was with TurkeyHill Dairy and Schwan’s.

John McGuckin joined Lakeview Farms asChief Customer Officer. His history includesTribe Hummus, Maya Kaimal, ChiaCompany, and Sabra.

Karen Jobb joined Amy’s Kitchen as ChiefCustomer Officer. She was at Clif Bar andPepsiCo.

Sandi Karrmann joined Kimberly-Clark asCHRO. She was at Frito-Lay.

Matt Galvanoni joined Pilgrim’s Pride asCFO. He was at Ingredion and PwC.

Jody Macedonio joined Chobani as CFO.She was at 8th Avenue, Dean Foods,Henkel, Sun Products, and Frito-Lay.

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Arbonne International appointed AmyHumfleet as Chief Marketing Officer. Shewas with Beautycounter, Aveda, DiamondProducts, Dial, and Kao Brands.

Daniel Myers joined the Central Garden &Pet board. He is at Carlyle and was atMondelez.

John Gainor and Ken Tuchman joinedTreeHouse’s board. They were appointed byactovist investor Jana Partners.

Kimberly-Clark names Paula Ramos asChief Strategy Officer. Paula was withMcKinsey.

Plant Based Foods Association namesRachel Dreskin as CEO. She was withCompassion in World Farming.

Dasha Smith joined the Beautycounterboard. She is with the NFL’s chiefadministrative officer.

Gina Boswell was named as chairperson ofBeautycounter. Gina was Unilever, AlbertoCulver, Avon, and Estee Lauder.

Amanda Sourry joined Kroger’s board. Shewas at Unilever.

Kelly Kennedy joined The HonestCompany as CFO. She was at Annie’s.

Greg Buscher joined Hippeas as CFO. Hewas at Skinny Dipped Almonds, EssentiaWater, and Neurobrands.

Blanca Juti joined L’Oréal as ChiefCommunications and Public Affairs Officer.She was at Heineken.

Dave Smith joined Estée Lauder as SVP ofNew Business Development. He was withCorning and eBay.

Robert Long was appointed Chief R&DOfficer at Kimberly-Clark. He was withCoca-Cola and P&G.

Sharon Macleaod joined the Board ofCarlyle portfolio company Every Man Jack.

Mandy Fields joined the board of Allbirds,the footwear brand. She is the CFO of e.l.fBeauty.

Jeff Ansell joined the Dr. Praeger’s board aschairman. He is an advisor tp PE firm Vestar,who just acquired the company.

Apu Mody joined the board of fruit spreadcompany Crofter’s as Executive Chairman.

Industry News

Despite continued COVID impact on dealflow, it's not quiet on the western front.

RC (formerly Reckitt Benckiser) rebrandedthemselves to Reckitt and acquiredBioFreeze from Madison Dearbornportfolio company Performance Health.

Yellow Wood Partners acquired theinternational Scholl brand from Reckitt, fortheir Scholl Wellness Company uniting thebrand globally with Dr. Scholl's which theypreviously acquired from Bayer.

Bridges Consumer Healthcare acquiredClarion Brands, the maker of Absorbine Jr.,Florajen Probiotics and other consumerhealth brands from Swander Pace.

Mondelez acquired UK protein bar makeGrenade.

Riviana sold Ronzoni pasta brand to 8th

Avenue Food & Provisions for $95M.

Conair to be acquired by PE firm AmericanSecurities.

Frontenac bought branded and private labelfruit spreads make Crofter’s.

WM Partners bought matche tea maker JadeLeaf.

Tropicale Foods, a Wind Point Partnersportfolio company, bought frozen treat makerPaleteria La Michoacana.

Creo Capital portfolio company FlagshipFood Group bought La Tortilla Factory.

San Francisco Equity Partners acquiredpersonal care contract manufacturer SV Labs.

CVC Capital Partners acquired Shiseido'smass/drug/grocery channel brands for $1.5B.

Vestar Capital Partners acquired plantbased food company Dr. Praeger’s.

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Uber acquired spirits delivery companyDrizly for $1.1B.

Unilever acquired first aid products makerWelly.

Estee Lauder pays $1B to increase stakefrom 29% to 76% in cosmetic companyDeciem. ELC agreed to acquire 100% in 3years.

Hormel acquired Kraft Heinz Planters nutbusiness for $3.5B.

Post Holdings forms SPAC to raise $400Mfor CPG acquisition partnership.

Meat snack producer Stryve Foods goespublic via SPAC traded under SNAX ticker.

Nestlé sold their North American waterbrands Poland Spring and Arrowhead to OneRock Capital and Metropoulos & Co. for$4.3B.

Nestlé acquired ionized alkaline water brandEssentia Water.

McCormick acquired B2B flavormanufacturer FONA for $710M.

Olam Food Ingredients acquired Mizkan’schili pepper business for $109M

L’Oreal acquiered Japanese skincarecompany Takami.

De’Longhi acquired NutriBullet makerCapital Brands for $420M from CentreLane.

Simply Protein for Pets acquired WagginTrain treats from Nestlé Purina.

Barilla bought Canada-based Catelli pastafrom Ebro Foods for $130M.

Barilla acquired UK based DTC fresh pastaand sauce delivery company PastaEvangelists.

Hero Group acquired Canadian organic babyfood company Baby Gourmet.

Highview Capital bought poultry and meatproducer Randall Farms.

H.I.G. Capital portfolio company LipariFoods acquired Tut’s International.

London-based MBH acquired BoulderSausage.

Jimmy’s Cookies acquired artisanal breadbrand Ecce Panis from Campbell Soup.

Next Frontier Brands acquired non-alcoholic distilled drink maker FluèreDrinks.

Danone bought BFY condiment maker EarthIsland.

Moët Hennessy acquired 50% stake in Jay-Z's Champagne brand Armand de Brignac.

Estée Lauder paid $1B to raise their stake inDecium, the make of The Ordinary skin carebrand to 76%.

Tea maker Martin Bauer Group acquiredmajority stake in Power Brands.

L Catterton sold UK pet business InspiredPet Nutrition to CapVest Partners.

Carlyle Group's portfolio company MannaPro bought dog chews and treats companyBullymake.

Comvest Partners and portfolio companyLasko acquired air purification companyGuardian Technologies.

Neptune Wellness Solutions bought organicbaby food company Sprout Foods fromMorgan Stanley.

American Licorice acquired organic candycompany Torie & Howard.

Utz acquired salty snack brand Vitners fromSnak-King for $25M.

Mondelez bought vegan/paleo snack makeHu Products.

MGP Ingredients acquired Everclear spiritscompany Luxco for $475M.

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