BLUEGRASS DAIRY & FOOD LANDS NEW FINANCE LEADER
New York, NY (April 15, 2013) – BLUEGRASS DAIRY & FOOD, INC., a private equity-backed manufacturer of specialty ingredients for the food industry, and portfolio company of Dubilier & Company, has added to their senior leadership team with the addition of George J. Masteller as Chief Financial Officer. As the strategic advisor to Bluegrass, Epsen Fuller Group completed the successful placement, which encompassed an exhaustive search of financial leaders with in-depth expertise in the food and ingredients manufacturing industry.
Mr. Masteller recently was the senior finance executive at Best Brands, a $550million bakery products company in a turn-around situation, and held previous senior finance roles at H.J. Heinz Company. “George is a terrific finance executive who focuses on growth and value creation through identification and management of the key business drivers affecting revenue and profitability”, commented Thomas Fuller, Managing Partner of Epsen Fuller and lead consultant on this project.
A highly respected leader in the industry, Bluegrass Dairy & Food owns and operates two plants in central Kentucky with full processing capabilities: pasteurization, cream separation, homogenization, evaporation, heat exchange, spray-drying and blending. The combined plants total approximately 100,000 Sq’ and operates 24/7/365 with a non-union work force of approximately 225 employees.
“Bluegrass Dairy & Food is growing, both organically and via acquisition, with the financial backing of a top-tier private equity firm. We were searching for an accomplished financial executive who thrives on challenge and demonstrates a passion for anticipating and meeting the strategic & financial planning needs of an organization that is competing in a demanding environment”, says Mr. Fuller. “George brings the requisite industry knowledge, and has built and led global finance teams in both high-growth and turn-around situations. He will use his skills to ensure the success of their growth and expansion throughout the US.”
About BLUEGRASS DAIRY & FOOD, INC.
Located in the heart of bluegrass country, BLUEGRASS DAIRY & FOOD, INC., is a leading supplier of specialty ingredients for the food industry. With production facilities in both Glasgow and Springfield, Kentucky, Bluegrass produces an extensive line of food products at very competitive prices that are used in beverage, cake, soup, and sauce mixes, seasoning preparations, marinades, and many other food applications. Bluegrass is focused on dairy-based powders and specialty ingredients, where essentially all items are custom manufactured to meet customer requirement for flavor, texture, and application. Reflecting their expertise, the company has been recipient to a long list of industry awards, including the World Championship for Monterey Jack cheese.
About Epsen Fuller Group
New York based Epsen Fuller Group, www.epsenfuller.com, is a Top-20 retained executive search and talent management consulting firm with US offices in New York, New Jersey and San Francisco and offices in major markets and business centers throughout the world, providing instant access to a world-class executive talent pool serving the global economy.
Epsen Fuller Group delivers an integrated suite of talent management solutions throughout four business units focused on the acquisition, assessment, and acceleration of talent. EF|IMD conducts senior executive search, TalentKinect executes mid-management recruitment projects, iDestiny offers a variety of leadership assessment, development, and coaching solutions, while EFGAdvisory delivers talent assessment and advisory services to enhance governance best practices in corporate Boards and maximize transaction value for Private Equity Groups.
The firm specializes in three industry verticals – consumer goods & services, life sciences, and the tech|comm|media sectors – placing top talent in blue-chip client organizations worldwide.