Company Overview of Post Holdings, Inc.
Post Holdings, Inc. manufactures, markets, and sells refrigerated, active nutrition, and private label food products in the United States and Canada. The company operates through five segments: Post Foods, Michael Foods, Active Nutrition, Private Brands, and Attune Foods. It offers egg products, refrigerated potato products, and cheese and other dairy case products; branded and private label natural and organic cereals, granola, and snacks; dry pasta, peanut butter and other nut butters, dried fruits, and baking and snacking nuts; and high protein shakes, bars, and powders, as well as nutritional supplements. The company offers its products primarily under the brand names of Post, Honey Bunc...
2503 South Hanley Road
St. Louis, MO 63144
Founded in 1895
Key Executives for Post Holdings, Inc.
Chief Executive Officer, President and Director
Total Annual Compensation: $500.0K
Executive Chairman, Chairman of Executive Committee and Chairman of Strategy & Financial Oversight Committee
Total Annual Compensation: $1.0
Chief Financial Officer, Chief Accounting Officer, Senior Vice President and Corporate Controller
Total Annual Compensation: $285.0K
Compensation as of Fiscal Year 2014.
Post Holdings, Inc. Key Developments
Post Holdings, Inc. Plans to Close its Parsippany, N.J. Office by May 2016
May 15 15
Post Holdings, Inc. announced that it is combining its cereal and packaged foods business with its recently purchased MOM Brands Co. and headquartering it in Lakeville. Post will close its Parsippany, N.J. office by May 2016 and cut about 200 employees "across the businesses" to save about $50 million. It plans to move workers to Lakeville but did not say whether it would lay off any Minnesota employees.
Post Holdings Eyes Acquisitions
May 15 15
Post Holdings, Inc. (NYSE:POST) is looking for acquisition opportunities. "Combining our businesses in Lakeville will create a powerful branded platform for both branded cereal and further acquisitions," Rob Vitale, President and Chief Executive Officer of Post Holdings, said.
Private Label Announces Earnings Results for the Second Quarter of 2015
May 8 15
Private Label announced earnings results for the second quarter of 2015. For the quarter, the company reported, net sales of $124.9 million, up 8.3% over the prior year on a comparable basis. The sales increase was driven by higher volumes for conventional peanut butter and tree nut butters, as well as new Private Label granola business. This was partially offset by a decrease in volumes for the fruit and nut business, resulting from inventory corrections at a significant customer and supply shortages for certain snack mix ingredients. The company’s adjusted EBITDA was $16.9 million.
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