Progressive Grocer

JAN 2017

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112 | Progressive Grocer | Ahead of What's Next | January 2017 Nature's Path Acquires Majority Stake in Gorilly Goods Richmond, British Columbia-based Nature's Path has acquired a 51 percent stake in Gorilly Goods, a raw on-the-go snack with a range of savory to sweet organic and non-GMO nut, fruit, seed and greens combinations. is venture by Nature's Path represents the company's growth beyond new product innovation and development, and adds to a list of previous acquisitions, including Que Pasa organic and non- GMO tortilla chips and salsa in 2012, and Country Choice Organics in 2015. Although terms of the deal weren't disclosed, Nature's Path's involvement will provide the needed capital for Gorilly Goods to increase its manufacturing and leverage Nature's Path's retail network to expand distribution throughout North America and markets around the world. Based in Jackson, Wis., where its headquarters will remain, Gorilly Goods' facilities are powered 100 percent by renewable energy, and the company donates 2 percent of its profits to the Dian Fossey Gorilla Fund. www.naturespath.com; www.gorillygoods.com Albertsons Picks ReposiTrak Food Safety Management Solution Boise, Idaho-based grocery retailer Albertsons Cos. has se- lected ReposiTrak Inc. to manage regulatory and business docu- mentation compliance within its supply chain. "The health and safety of our customers is of the highest prior- ity," says Jim Seiple, Albertsons' group VP of own brands product development. "We were looking for a solution that would enable us to scale and automate the man- agement of our required vendor documents, and provide us with 24/7 visibility to compliance." Randall K. Fields, chairman and CEO of Salt Lake City-based Park City Group, noted that Albertsons' "commitment to food safety and transparency for their custom- ers makes us proud to have them utilize our solution." Albertsons operates more than 2,300 stores and related facili- ties under 19 banners across 35 states. ReposiTrak, a wholly owned subsidiary of Park City Group, helps manage regulatory, financial and brand risk associated with issues of safety in the global food, pharma and dietary supply chains. www.repositrak.com; www.parkcitygroup.com Sargento CFO George Hoff Retires George Hoff, EVP and CFO of Plymouth, Wis.-based Sargento Foods Inc., retired at the end of 2016. Jeremy Behler was promoted to succeed Hoff as CFO, effective immediately. Hoff joined Sargento as controller in 1983, after serving as audit manager at PricewaterhouseCoopers. He has held various financial roles at Sargento, most recently that of CFO, and was president of the consumer products division from 1997 to 2000. During his tenure, Hoff developed Sargento's finance, accounting and information technology capabilities, which the company deems instrumental to its success. Until his retirement, Hoff served as EVP and adviser to CEO Louie Gentine, who notes: "George has built a solid foundation at Sargento, and his contributions will ensure future success for generations to come. I'm confident that Jeremy's experience, knowledge and commitment to continuous improve- ment will build upon that foundation." Behler, who came to Sargento from Procter & Gamble in 2014, will lead the finance, accounting and IT departments at Sargento. www.sargento.com Applegate Farms Hires New VP of Marketing Applegate Farms LLC, the Bridgewater, N.J.-based natural and organic subsid- iary of Hormel Foods Corp., has chosen Nicole Glenn as its VP of marketing. "Nicole will play a key role in leading us as we continue to build an innovative and integrated brand marketing strategy for the Applegate portfolio, ensuring that we bring to life our mission of 'changing the meat we eat,'" says Applegate President Steve Lykken. Glenn previously was a marketing director for WhiteWave Foods, where she was most recently responsible for leading the Earthbound Farm organic produce business. She also has held roles at Constellation Brands, Terlato Wines In- ternational, and Procter & Gamble. www.applegate.com; www.hormelfoods.com

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