Dean Foods (NYSE:DF) announces that Jody Macedonio has stepped down from her position as CFO of the company.
The departure is not related to any issues regarding the integrity of the company’s financial statements or accounting policies and practices.
Dean Foods says it appointed Gary Rahlfs to serve as the interim chief financial officer, effective immediately.
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As consumers increasingly turn to milk alternatives and thousands of dairy farms are collapsing, milk producers are now faltering, too, putting thousands of jobs at risk and threatening their brands. …
On Tuesday, shares of Dean Foods—which was based in Franklin Park for more than 70 years until 2001—closed at less than $1 for the first time since they started trading more than two decades ago. The destruction of value—from a peak of $6.2 billion in 2007 to about $90 million now—is as simple to explain as it is dramatic: Americans aren’t drinking as much milk. …
Dean Foods Company (NYSE: DF) named Jeff Dawson as its Senior Vice President, Chief Accounting Officer, effective January 28, 2019. In this capacity, Dawson will be responsible for enterprise-wide accounting operations, including internal and external financial reporting, and Sarbanes-Oxley compliance. …
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