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Microcap & Penny Stocks : AMNF (Armanino Foods of Distinction)
AMNF 10.200.0%2:14 PM EDT

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To: robert b furman who wrote (220)4/24/2025 9:27:32 AM
From: robert b furman1 Recommendation

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New CEO has been hired:

Armanino Foods of Distinction, Inc. Appoints New CEOPress Release | 04/23/2025
Armanino Foods of Distinction, Inc. (OTCQX; AMNF) announced today the hiring of Deanna Jurgens as President and Chief Executive Officer, effective May 12, 2025. Ms. Jurgens will also join the Board of Directors.

Ms. Jurgens is a proven leader who has deep experience growing branded businesses, an established track record with large foodservice and retail customers and success scaling companies globally. These experiences position her to lead Armanino Foods into its next phase of growth and expansion.

Ms. Jurgens most recently served as Chief Sales Officer at Bonduelle Americas, where she led the $650 million fresh business. In the last two years, through a strategy of customer acquisition, innovation, expansion, and cost management, she successfully guided Bonduelle Americas branded business to its largest share gains in five years thereby driving greater profitability.

Prior to Bonduelle America, Jurgens was the President of North America and Global Chief Growth Officer for Beyond Meat, where she grew the international business by developing global partnerships with McDonalds and YUM Brands. She worked to expand Beyond Meat’s brand in the US through a PepsiCo joint venture in plant-based jerky, achieving a dominant market share in one year. Earlier in her career, Jurgens spent 16 years with PepsiCo where she partnered with some of the largest retailers in the US, including Walmart, Target and Sam’s Club. She also spent time leading the operations of Frito-Lay’s largest region which generated over $3B in annual revenue. Ms. Jurgens has received many industry honors, including being named to Fortune’s “Most Powerful Women – Next Gen”.

Douglas R. Nichols, Chairman of the Board, stated, "The Board is thrilled to welcome Deanna Jurgens as our new President and CEO. Ms. Jurgens' extensive food industry experience speaks for itself—her leadership roles at Bonduelle Americas and Beyond Meat have consistently delivered growth, innovation, and strong customer partnerships. Her strategic vision and proven ability to scale brands globally make her exceptionally well-suited to lead Armanino Foods into its next phase of growth and innovation. I also want to express my sincere appreciation to Director James Ford for his exceptional leadership throughout the CEO search process, and to Al Banisch and Tony Muscato for their diligent evaluation of the many outstanding candidates."

Mr. Nichols concluded, “We see this decision to hire Deanna as a new future building on a great passionate past.”

Ms. Jurgens stated, “I’m honored and excited to take on the role of CEO to lead Armanino into its next phase of prosperity. This company has an incredible foundation of growth, and I look forward to working with our talented team, suppliers and customers to further broaden our company, build on the Armanino tradition and extend our success well into the future.”
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