Westerville / OH. (lc) Lancaster Colony Corporation announced the establishment of a Transformation Program Office (TPO), which will serve to coordinate the Company’s various capital and integration efforts, including the evaluation of opportunities to move the Company towards a new ERP platform in the quarters ahead. The Company’s Vice President, Assistant Secretary and Chief Financial Officer (CFO), Douglas A. Fell, has chosen to transition from his current position effective April 1, 2019 to lead the TPO as the newly appointed Transformation Program Officer. Beyond his experience as CFO, Fell’s 25 years of service with Lancaster Colony, including the role of T. Marzetti Company’s Senior Vice President of Operations and other leadership positions in finance, information technology and business development, make him uniquely qualified to lead the TPO.
The Company also announced the appointment of Thomas K. Pigott as Vice President, Assistant Secretary and CFO effective April 01, 2019. Pigott is a food industry veteran with over 30 years of professional experience in finance and accounting and has served as Vice President and CFO for MGP Ingredients (Nasdaq: MGPI) the past three years. His prior experience includes Vice President Finance roles for Kraft Foods Group’s Meal Solutions Division, Kraft’s Meals and Desserts Business Unit and Nestle USA’s Pizza Division. Pigott earned his B.B.A. in Accounting from the University of Notre Dame and completed his M.B.A. in Finance and Marketing at Northwestern University’s Kellogg School of Management. He is also a Certified Public Accountant.
David A. Ciesinski, Lancaster Colony’s President and CEO, commented on Fell’s new TPO appointment, «Doug has been a great contributor to our company’s success through his dedicated service as CFO and a variety of other executive management positions in finance, information technology, business development and operations. Based on his past experience and demonstrated leadership in a very diverse array of assignments, Doug is perfectly suited to lead the new TPO.»
Ciesinski continued, «I am also very excited to welcome Tom Pigott to Lancaster Colony as our new CFO and eagerly anticipate working with him for many years to come. I am confident that Tom’s extensive experience in the food industry and proven leadership in corporate finance will be a great fit for our organization as we continue in our pursuit of profitable growth.»
