People: Inventure Foods Inc (SNAK.W)
SNAK.W on CBOE When Trading NASDAQ Global Select Market
7.44USD
23 May 2013
7.44USD
23 May 2013
Price Change (% chg)
$-0.28 (-3.63%)
$-0.28 (-3.63%)
Prev Close
$7.72
$7.72
Open
$7.44
$7.44
Day's High
$7.44
$7.44
Day's Low
$7.44
$7.44
Volume
100
100
Avg. Vol
41
41
52-wk High
$7.72
$7.72
52-wk Low
$5.66
$5.66
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Itzhak Reichman |
55 | 2010 | Chairman of the Board, Lead Independent Director |
Terry McDaniel |
55 | 2008 | Chief Executive Officer, Director |
Steve Weinberger |
60 | 2006 | Chief Financial Officer |
Richard Suchenski |
53 | 2010 | Senior Vice President - Sales & Marketing |
Ashton Asensio |
67 | 2006 | Independent Director |
Macon Edmonson |
57 | 2006 | Independent Director |
Mark Howells |
58 | 2004 | Independent Director |
Ronald Kesselman |
69 | 2008 | Independent Director |
Larry Polhill |
60 | 2010 | Independent Director |
Biographies
| Name | Description |
|---|---|
Itzhak Reichman |
Mr. Itzhak Reichman is Chairman of the Board, Lead Independent Director of Inventure Foods Inc. Mr. Reichman has been a board member of the Company since October 4, 2007, and was appointed Chairman of the Board in May 2010. Mr. Reichman is the retired Chairman and CEO of Desert Glory, North America’s grower of flavorful tomatoes with greenhouse operations in Mexico and distribution operations throughout the United States. He held this position from April 2004 through November 2008. Prior to that role, Mr. Reichman worked with the Borden organization while it was owned by Kohlberg, Kravis and Roberts, fulfilling various strategic and merger and acquisition leadership positions at the holding company, as well as operating roles at Borden Foods. He also served as a member of the Board of Directors of Wise Foods, Inc., and currently serves on the Board of Directors and Compensation Committee of Apple & Eve, LLC, a private, New York based beverage company. Mr. Reichman received a bachelor’s degree in civil engineering from the Israeli Institute of Technology and a master’s degree in business management from M.I.T. Mr. Reichman founded Elite Foods (an affiliate of Frito Lay in Israel), consulted to multiple companies as part of his work with McKinsey and Co., and led Desert Glory. |
Terry McDaniel |
Mr. Terry McDaniel is Chief Executive Officer, Director of Inventure Foods Inc. Mr. McDaniel has served as a Director and Chief Executive Officer of the Company since May 2008 and as Chief Operating Officer from April 2006 to April 2008. Since May 2008, Mr. McDaniel has served on the Board of Directors of Foster Farms Dairy, the privately owned dairy in California, and currently serves as lead director. From September 2003 to April 2006, Mr. McDaniel was President and a Director of MSLI Worksite Benefits. From 1998 to 2003, Mr. McDaniel served as President, Chief Executive Officer and a Director of Wise Foods, Inc. Prior to 1998, Mr. McDaniel served as Vice President of Sales and Marketing for Wise Foods, Inc., and as Vice President of Sales and Distribution for Haagen-Dazs Company, Inc. Prior to these positions, he held sales leadership positions for companies such as the Nestle Corporation, Tropicana Products, Inc. and Unilever. Mr. McDaniel served as Chairman of the Snack Food Association from March 2009 to March 2010, and has served on its executive committee until March 2012. He has served on the Chairman’s Advisory Committee of the Grocery Manufacturers Association, most recently since 2006, and as director of Bruce Foods since 2001. Mr. McDaniel received a bachelor’s degree in business and an MBA from Columbus State University. |
Steve Weinberger |
Mr. Steve Weinberger is Chief Financial Officer of Inventure Foods Inc., since August 8, 2006. From July 2004 to July 2006, Mr. Weinberger was Chief Financial Officer for Fiera Foods Co. From 1999 to 2003, Mr. Weinberger was Senior Vice President of Finance at Canada Bread Company. From 1979 to 1999, Mr. Weinberger was employed at Nabisco Canada, where he last served as Senior Vice President of Finance of the Christie Brown & Company division. Mr. Weinberger received his honors Bachelor of Arts degree and MBA from York University. |
Richard Suchenski |
Mr. Richard Suchenski is Senior Vice President - Sales & Marketing of Inventure Foods Inc., since June 21, 2010. From August 2008 to May 2010 he served as General Manager for the Fruit2O division of the Sunny Delight Corporation. From August 2005 to July 2008 he served as President and Chief Operating Officer for The Republic of Tea. Mr. Suchenski began his career at Procter and Gamble where he held various roles of added responsibility in Sales, and then spent six years at Frito Lay where he moved into General Management as a Region Vice President. Mr. Suchenski received his Bachelor of Arts degree from Missouri State University. |
Ashton Asensio |
Mr. Ashton D. Asensio is Independent Director of Inventure Foods Inc., since February 21, 2006. He was was appointed Chairman of the Audit Committee in July 2006. Since January 2009, Mr. Asensio has served as Chief Financial Officer of Security Alarm Financing Enterprises, L.P., a California security alarm aggregator. From 2003 to January 2009, Mr. Asensio was a financial and operations consultant and, from March 2005 to January 2009, Mr. Asensio provided consulting services to American Pacific Financial Corp., a Grand Terrace, California-based asset management firm (APFC) and various entities in which APFC had an ownership interest, including Capital Foods, LLC, a stockholder of the Company, and Realty Information Systems, Inc., a franchising organization (RIS). From August 2005 to February 2006, Mr. Asensio served as Chief Financial Officer of RIS. From March 1, 2008 through December 31, 2008, Mr. Asensio provided services to RIS as a consulting chief financial officer under a consulting arrangement with RIS. From 1972 to 1979, Mr. Asensio was an audit manager for Peat Marwick Mitchell. Mr. Asensio received his Bachelor of Science degree in accounting from Florida Atlantic University and received his Master of Accounting degree from Florida State University. |
Macon Edmonson |
Mr. Macon Bryce Edmonson is Independent Director of Inventure Foods Inc., since July 25, 2006. He is as Chairman of the Compensation Committee since October 2008. Mr. Edmonson has served as a Senior Vice President in charge of the North American business of Del Monte Fresh Produce Company from 1995 to 2005 and, since mid-2005, has been a consultant for the food industry helping companies realign their strategies and position themselves for growth in the North American market. Mr. Edmonson received Bachelor and Master of Science degrees in Entomology from the University of Florida, and an MBA in marketing from the University of Miami. |
Mark Howells |
Mr. Mark S. Howells is Independent Director of Inventure Foods Inc. Mr. Howells has served as a Director of the Company since March 1995 and as a member of the Audit Committee since May 2010. Mr. Howells served as Chairman of the Compensation Committee from 2003 to October 2008, and as Chairman of the Board from 1995 to 2004. Since 2000, Mr. Howells has devoted a majority of his time to serving as the President and Chairman of M.S. Howells & Co., a registered securities broker-dealer. From 1987 to May 2000, Mr. Howells served as the President and Chairman of Arizona Securities Group, Inc., a registered securities broker-dealer. For the period from March 1995 to August 1995, Mr. Howells also served as President and Chief Executive Officer of the Company. |
Ronald Kesselman |
Mr. Ronald C. Kesselman is Independent Director of Inventure Foods Inc., since July 21, 2008. He is as a member of the Compensation Committee since May 2010. Mr. Kesselman has a 40-year career in senior executive and management positions with consumer products and food processing companies, including past service as a Chairman and Chief Executive Officer of Elmer Products, Inc. from March 1995 to October 2003, past service as a member of the Board of Directors of American Italian Pasta Company (AIPC), a publicly traded pasta manufacturing and marketing company, from July 2007 until AIPC was sold to Ralcorp Holdings, Inc. in July 2010, and past service as a board member and strategic advisor to Homax Products, Inc., a privately held company and supplier of home improvement products from April 2009 to December 2010. Mr. Kesselman currently serves on the Board of Directors of Imperial Sugar Company, a publicly traded sugar manufacturing and marketing company since October 2008, and serves on the Board of Directors of NewPage Corporation, a private equity portfolio company that manufactures and distributes paper products since May 2009. Mr. Kesselman received a bachelor’s degree in economics from the University of Wisconsin and an MBA from the Kellogg School at Northwestern University. |
Larry Polhill |
Mr. Larry R. Polhill is Independent Director of Inventure Foods Inc. Mr. Polhill has served as a Director of the Company since July 2004, as a member of the Compensation Committee since May 2010, and as Chairman of the Board from February 2006 to May 2010. Since 1997, Mr. Polhill has been a Manager of Capital Foods, LLC, a private investment company that beneficially owns 22.6% of the Company’s common stock. Since 1978, Mr. Polhill has served as Chairman of American Pacific Financial Corp., a Grand Terrace, California-based real estate and asset management firm (APFC). APFC has a direct ownership interest in Capital Foods, which is controlled by Mr. Polhill. From 2006 to 2012, Mr. Polhill has served as Chairman of AmPac Tri State CDC Inc., a not-for-profit corporation which is an SBA 504 lender. From August 2005 to February 2008, Mr. Polhill served as a Director of Realty Information Services Inc., a franchising organization (RIS). Since October of 2004, Mr. Polhill has served as director and vice president of Café Valley, Inc., an Arizona corporation that produces high quality bakery products for the food service industry and the retail market place. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Itzhak Reichman |
-- |
Terry McDaniel |
641,647 |
Steve Weinberger |
404,091 |
Richard Suchenski |
387,071 |
Ashton Asensio |
-- |
Macon Edmonson |
-- |
Mark Howells |
-- |
Ronald Kesselman |
-- |
Larry Polhill |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Itzhak Reichman |
0 | 0 |
Terry McDaniel |
0 | 0 |
Steve Weinberger |
0 | 0 |
Richard Suchenski |
0 | 0 |
Ashton Asensio |
0 | 0 |
Macon Edmonson |
0 | 0 |
Mark Howells |
0 | 0 |
Ronald Kesselman |
0 | 0 |
Larry Polhill |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
EDMONSON MACON BRYCE |
2,993 | $7.55 |
EDMONSON MACON BRYCE |
2,467 | $7.55 |
EDMONSON MACON BRYCE |
10,000 | $2.26 |
EDMONSON MACON BRYCE |
10,000 | $1.86 |
REICHMAN ITZHAK |
2,500 | $7.21 |
POLHILL LARRY R |
5,000 | $7.21 |
ASENSIO ASHTON DERBY |
2,500 | $7.21 |
MCDANIEL TERRY E |
50,000 | $0.00 |
SUCHENSKI RICHARD |
18,500 | $0.00 |
WEINBERGER STEVE |
21,500 | $0.00 |
EDMONSON MACON BRYCE |
2,500 | $7.21 |
WEINBERGER STEVE |
3,500 | $7.40 |
MCDANIEL TERRY E |
10,000 | $7.40 |
REICHMAN ITZHAK |
7,000 | $7.41 |
WEINBERGER STEVE |
3,500 | $7.28 |
MCDANIEL TERRY E |
10,000 | $7.28 |
WEINBERGER STEVE |
27,682 | $7.72 |
WEINBERGER STEVE |
73,600 | $1.70 |
SUCHENSKI RICHARD |
14,871 | $0.00 |
WEINBERGER STEVE |
6,877 | $7.56 |
SUCHENSKI RICHARD |
4,201 | $7.56 |
MCDANIEL TERRY E |
59,484 | $0.00 |
MCDANIEL TERRY E |
18,767 | $7.56 |
WEINBERGER STEVE |
24,785 | $0.00 |
ASENSIO ASHTON DERBY |
10,000 | $1.86 |
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