Mama’s Creations Announces Planned Evolution of the Senior Management Team
09 Octobre 2023 - 2:31PM
Mama’s Creations, Inc. (NASDAQ: MAMA), a leading national marketer
and manufacturer of fresh Deli prepared foods, today announced the
planned evolution of the Company’s leadership team with two new
Vice President of Operations appointments at the Company’s East
Rutherford and Farmingdale facilities, in conjunction with the
retirement of Chief Operating Officer Matthew Brown at the end of
the third quarter of fiscal 2024.
Eric Felice has been promoted to the role of
Vice President of Operations, East Rutherford. Eric maintains over
25 years of operations experience, including over 10 years managing
operations at the Company’s facility in East Rutherford, New
Jersey. In addition, Ray Geer has been promoted to the role of Vice
President of Operations, Farmingdale. Ray draws on over 30 years of
operations experience, including nearly 10 years managing
operations at the Company’s facility in Farmingdale, New York.
Chief Operating Officer Matthew Brown will
retire effective October 31, 2023, at which point he will resign
from the Board of Directors as well. To ensure a smooth transition,
Eric Felice and Ray Geer have already assumed responsibility for
operations at their respective facilities for the majority of the
third quarter. In conjunction with this announcement and to better
enable the operations team to focus on facility-level matters, EVP
Steve Burns has broadened his responsibilities as Mama’s Creations
Chief Administrative Officer, leveraging his nearly 25 years at
Accenture, where he led Operational Improvement and Transformation
initiatives. Anthony Morello, President of T&L Creative Salads
and Olive Branch, will also broaden his responsibilities to
accelerate the Company’s efforts to create a “one factory, two
locations” approach to operational load sharing and redundancy.
Matthew Brown commented: “As I transition to
retirement to spend more time with my family, I would like to thank
the entire team at Mama’s Creations for making my nearly 15 years
of service so enjoyable. As they have superbly managed the
Company’s operations for the last few months, I am wholly confident
that our operations are in capable hands with Eric and Ray, who
have spent a combined 20 years working in the very facilities they
now manage.”
Adam L. Michaels added: "Matt approached me with
his belief that our operations bench was ready to step up and his
desire to retire. After over 20 years building Mama’s Creations and
its predecessor companies, I would like to thank Matt for his
instrumental role in getting the Company off the ground, as well as
overseeing operations from the earliest stages through preparing
our next generation of operations leadership. With his retirement,
we continue to progress the evolution of our operations team by
implementing an optimized ‘on the ground’ facility-level management
structure ensuring each location gets the attention it deserves,
while having leadership in place tasked with sharing best practices
and driving operational efficiency.
“I am fully confident that with these tested
leaders now managing operations – further supported by the superbly
talented T&L Founder Anthony Morello and our tenured Chief
Administrative Officer Steve Burns – that we are well positioned to
continue to realize exciting new operational synergies between our
two facilities.
“Our operations are experiencing several
substantial tailwinds at the moment – spanning from the successful
spool-up of our more robust sales team and several marketing firsts
for the company, to our wider bench of talent – which when taken
together, we believe position us to continue to deliver sustainable
value to our shareholders over the long-term,” concluded
Michaels.
About Mama’s Creations,
Inc.
Mama’s Creations, Inc. (NASDAQ: MAMA) is a
leading marketer and manufacturer of fresh deli prepared foods,
found in over 8,000 grocery, mass, club and convenience stores
nationally. The Company’s broad product portfolio, born from
MamaMancini’s rich history in Italian foods, now consists of a
variety of high quality, fresh, clean and easy to prepare foods to
address the needs of both our consumers and retailers. Our vision
is to become a one-stop-shop deli solutions platform, leveraging
vertical integration and a diverse family of brands to offer a wide
array of prepared foods to meet the changing demands of the modern
consumer. For more information, please visit
https://mamascreations.com.
Forward-Looking Statements
This press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements include information about management's
view of the Company’s future expectations, plans and prospects,
including future business opportunities or strategies and are
generally preceded by words such as "may," “believe,” "future,"
"plan" or "planned," "will" or "should," "expected," "anticipates,"
"eventually" or "projected." You are cautioned that such statements
are subject to a multitude of known and unknown risks and
uncertainties that could cause future circumstances, events, or
results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors. Certain of these risk
factors and others are included in documents the Company files with
the Securities and Exchange Commission, including but not limited
to, the Company’s Annual Report on Form 10-K for the year ended
January 31, 2023, as well as subsequent reports filed with the
Securities and Exchange Commission.
Investor Relations Contact:Lucas A.
ZimmermanDirectorMZ Group - MZ North America(949)
259-4987MAMA@mzgroup.us www.mzgroup.us
Mamas Creations (NASDAQ:MAMA)
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