Business
Freshpet Further Advances its Operational Improvement Plan with New Hires, Bringing Additional Capabilities to Support Growth and Margin Expansion
Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing SECAUCUS, N.J.,
About this update from Freshpet, Inc.
[{"type":"text","content":"Appointment of Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller and Wyatt Hassel to VP of Manufacturing\nSECAUCUS, N.J., June 28, 2023 (GLOBE NEWSWIRE) -- Freshpet Inc. (NASDAQ: FRPT) (“Freshpet” or the “Company”) today announced the addition of at Christopher Kraus as Chief Information Officer, Nishu Patel as VP, Corporate Controller, and Wyatt Hassel as VP, Manufacturing. These additions complete the majority of key hires that are part of the Operational Improvement Plan the Company laid out last fall. The plan contains a detailed roadmap of the skills needed as Freshpet grows and expands. With these three roles filled, Freshpet further strengthened its financial, manufacturing, and operational expertise to support its continued track record of industry-leading growth. Progress against the Operational Improvement Plan thus far includes improved quality, logistics, fill rates, and margin expansion. These new team members will help support the ongoing delivery of improving profitability and growth. Billy Cyr, Chief Executive Officer of Freshpet, stated, “Freshpet is committed to improving performance and expanding organizational capabilities. Each of these new hires will significantly impact our business and help to support our operational momentum.” Background on Wyatt Hassel, appointed VP of ManufacturingWyatt Hassel brings with him 25 years of experience in manufacturing and CPG operations with focused expertise in production and supply chain operations. In his most current role, Wyatt held the position of General Manager – Master Planning and Production Control at H.E.B Grocery Company, where he had oversight of production operations for 13 facilities and led continuous improvement efforts for products developed in-store at HEB. He holds an MBA and a Bachelor of Science Degree in Chemical Engineering from Tulane University. Background on Christopher Kraus, appointed Chief Information OfficerChristopher Kraus brings over 20 years of technology executive experience in FTE200 and privately held global organizations. He aligns technologies to meet strategic business goals both organically and through acquisitions. Most recently, he was Chief Information Officer at Golden Touch Group, Inc., where he helped modernize an outdated technology footprint at a $1.1B global apparel company. He helpe...