Company Overview of AdvancePierre Foods, Inc.
AdvancePierre Foods, Inc. produces and supplies proteins and sandwich products for foodservice and retail customers, schools, and convenience channels in the United States. It offers fully cooked burgers, chopped steaks and patties, breaded beef products, breaded poultry products, breaded pork products, breaded veal products, fully cooked unbreaded chicken, fully cooked unbreaded dippers and drummies, fajita strips, meatballs, meatloaf and Salisbury, boneless ribs, fully cooked breakfast sausages, other unbreaded products, veal products, lamb products, certified Angus Beef products, stuffed chicken products, fully cooked entrées, sandwiches, bakery products, Steak-EZE and Philly Freedom prod...
9987 Carver Road
Cincinnati, OH 45242
Founded in 1946
Key Executives for AdvancePierre Foods, Inc.
Chief Executive Officer, President and Director
President of Convenience Channels
President of Retail Division
Compensation as of Fiscal Year 2015.
AdvancePierre Foods, Inc. Key Developments
AdvancePierre Foods Names Steve Booker as President of Retail
Nov 19 15
AdvancePierre Foods has named Steve Booker President – Retail. He will lead the company’s second large business unit, which collaborates with club, mass merchandise and grocery chains to provide branded, private-brand and licensed products. Booker started his career in home care products with Procter & Gamble and The Clorox Company before transitioning into the food industry. He spent the last 13 years at ConAgra Foods, most recently serving as the senior vice president of customer development. In this role, he oversaw a 200-member team responsible for the development of customer-facing capabilities to drive growth across ConAgra Foods’ branded and private label businesses. In addition to a bevy of AdvancePierre company brands, Booker will play a significant role in growing AdvancePierre’s private-label business, which currently accounts for more than a quarter of the retail portfolio.
Oaktree Reportedly Mulls IPO Of AdvancePierre Foods
Nov 14 15
Oaktree Capital Management, L.P. is considering an initial public offering of AdvancePierre Foods, Inc., people with knowledge of the matter said. Oaktree Capital is reportedly in talks with investment banks about a listing of AdvancePierre Foods as soon as the first quarter of 2016.
Barber Foods' Sale Reportedly Put On Hold
Jul 23 15
Sale of AdvancePierre Foods, Inc.'s subsidiary Barber Foods, LLC has reportedly been postponed following the July 12, 2015 Department of Agriculture recall of 1.7 million pounds of raw stuffed-chicken products from its Barber division. Oaktree Capital Management, L.P., owner of AdvancePierre Foods, Inc., which hired Morgan Stanley and Rothschild to handle the auction, has delayed the auction. "No sale is going to happen this month," a source said, "perhaps not this summer." Oaktree declined comment.
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