Early today I posted the following on "Linkedin," after sharing the news with the company yesterday at a virtual town hall. Filled with emotions, I wanted to share the posting here:
It is with great pride and gratitude that I share the news today of my retirement from Bolthouse Farms. I need to acknowledge and thank so many talented and dedicated “Bolthouse People” that have been part of my journey at the company since I first joined almost 15 years ago. Many thanks to my long-term business partner Jeff Dunn, who asked me in 2009 to be part of this amazing company, to be part of a leadership journey which drove dramatic business growth, a sale of the company to Campbell’s, and a repurchase in partnership with Butterfly Equity. Together, along with the Executive Leadership Team, we led Bolthouse Farms through a global pandemic, the acquisition of Evolution Fresh from Starbucks, and ultimately prepared the company for its next chapter of growth and success as two separate business entities.
I am very proud and excited to pass the business along to Tim Escamilla who will run the Ag- Centric farming business under the company name “Bolthouse Fresh Foods,” and Steve Cornell who will run the CPG-Centric Beverage and Salad Dressing business under the company name “Generous Brands.” These two “sister-companies” will create unique value and drive growth in their respective markets, and I am confident that Tim and Steve will have a strong impact in the next chapter of the company’s 100+ year history!
While I am “retiring” from Bolthouse Farms, my plan is to pivot my professional path towards opportunities where I can leverage my 35+year career in board roles, and to act as a “trusted advisor” to CEOs, foundations, and non-profit organizations. I am humbled by my experiences at Bolthouse Farms, and I know the organization will continue to grow, overcome challenges, and thrive as it continues the next chapter of its legacy.