FrozenFoodsBiz BUZZ

Rich Products Welcomes Aboard Jaimie Lowe as New EVP and CFO

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Rich Products has hired Jaimie Lowe as its new executive vice president and chief financial officer. A seasoned global finance leader with more than 25 years of experience and long tenures at companies including Unilever, Danone and most recently Tyson Foods, she brings deep expertise in investment management, corporate development, financial planning and digital transformation to Buffalo, New York, USA-headquartered Rich’s as a member of its executive team.

Rich’s, also known as Rich Products Corporation, is a family-owned company that produces a wide range of products ranging from cakes and icings to frozen pizza, appetizers, specialty toppings and items for both foodservice and retail sectors. Working at 100 locations globally, its annual sales exceed $5 billion.

As CFO, Lowe will oversee the company’s financial strategy and planning, risk management, capital structure, and key growth initiatives. She will shape and lead global finance into the future, ultimately helping the company deliver on its growth aspirations.

“Jaimie’s extensive financial expertise, coupled with her strong background in digital transformation and innovation, make her the right global leader to drive operational excellence and Rich’s aggressive growth strategy,” said Richard Ferranti, chief executive officer of Rich Products. “She joins us at a pivotal moment in our growth journey, reinforcing our commitment to remaining a strong family-owned company for generations to come.”

“I’m thrilled to join Rich’s at such a dynamic time in its growth journey ss the company continues to evolve, maintaining financial strength will be key to driving innovation, expanding capabilities and delivering exceptional value to customers and associates around the world,” said Lowe.

An Australian native, Lowe earned her MBA and Bachelor of Business Accountancy from the Queensland University of Technology in Australia. Additionally, she is a Certified Public Accountant (CPA) and holds a Non-Executive Diploma from the Financial Times. In her free time, she volunteers as a mentor for rising and emerging talent.