Lassonde Industries Inc. announces a change in the management of its U.S. subsidiary Lassonde Pappas and Company, Inc. Français
ROUGEMONT, QC, April 18, 2018 /CNW Telbec/ - Lassonde Industries Inc. (TSX: LAS.A) announced today the departure of Mark McNeil, President and Chief Executive Officer of Lassonde Pappas and Company, Inc. since November 2013. Mr. McNeil informed the Company that he wishes to pursue other opportunities and that he will leave office in the coming weeks.
"We would like to thank Mark for his contribution to the growth of the Company and wish him success in his future endeavours," said Jean Gattuso, President and Chief Operating Officer of Lassonde Industries Inc. and Chairman of the Board of Lassonde Pappas and Company, Inc.
In the wake of this departure, the Company has decided to review the management structure of its U.S. subsidiary. The current Chief Operating Officer of Lassonde Pappas and Company, Inc., Seth French, will be appointed President and, as such, will assume additional responsibilities under the leadership of Jean Gattuso. Mr. French has been employed by this subsidiary for 10 years, having held various management positions, while Mr. Gattuso has been employed by the Company for more than 30 years.
"We are privileged to have in our ranks a successor of the caliber of Seth French to ensure continuity in our business. Thanks to his leadership and his knowledge of our U.S. subsidiary, we are confident that he will continue to drive the performance of our operations in the U.S.," said Mr. Gattuso.
About Lassonde
Lassonde Industries Inc. is a North American leader in the development, manufacture and sale of a wide range of ready-to-drink fruit and vegetable juices and drinks marketed under brands such as Apple & Eve, Everfresh, Fairlee, Fruité, Graves, Oasis and Rougemont.
Lassonde is also one of the two largest producers of store brand shelf-stable fruit juices and drinks in the United States and a major producer of cranberry sauces.
Lassonde also develops, manufactures and markets specialty food products under brands such as Antico and Canton. The Company imports and markets selected wines from various countries and manufactures apple ciders and cider-based beverages.
The Company produces superior quality products through the expertise of approximately 2,100 people working in 14 plants across Canada and the United States. To learn more, visit www.lassonde.com.
SEDAR registration number: 00002099
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements that are based on certain assumptions. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Additional factors are discussed in materials filed from time to time with the securities regulatory authorities in Canada. Lassonde Industries Inc. disclaims any intention or obligation to update or revise any forward-looking statements except as required by law.
SOURCE Lassonde Industries Inc.
Investor contact, Guy Blanchette, FCPA, FCA, Executive Vice-President and Chief Financial Officer, Lassonde Industries Inc., 450-469-4926, extension 10782; Media contact, Stefano Bertolli, Vice-President Communications, Lassonde Industries Inc., 450-469-4926, extension 10265
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