USA – Mondelez, an American multinational confectionery, food, and beverage company, has announced that Valerie Oswalt, president of North America Confections, is joining Century Snacks as CEO.
Century Snacks is an American premier snack food producer.
According to Candy & Snacks, Oswalt will bring more than 20 years of consumer packaged food experience to her new position.
“On behalf of the entire team at Century Snacks, I’m thrilled to welcome Valerie to our organization,” said David Lowe, Chairman of the Board of Century Snacks and CEO of Insignia Capital Group.
“Valerie is a dynamic leader with a unique background that spans marketing, sales, operations and finance.
She has a long-standing track record of building brands, leading high-performing diverse teams and establishing strong customer relationships to deliver both top and bottom line results.
We look forward to our next stage of growth under her leadership.”
As head of Mondelez NA confections, Oswalt led a US$1.5 billion portfolio of brands that included Trident, Sour Patch Kids, Swedish Fish, Oreo Chocolate Candy and Halls.
Previously, she held successively more senior positions across marketing, sales, finance and supply chain functions.
“I am thrilled to join the Century Snacks team at such an exciting time in its growth trajectory,” said Oswalt.
“The opportunity in the nut and trail mix market is tremendous, and Century Snacks is poised to capitalize on it.
I am excited to work with the talented Century Snacks team leveraging our new, state-of-the-art U.S. based manufacturing facility, building our Snak Club brand by leveraging our partnership with Tajin – the fastest growing chili lime seasoning in the U.S., expanding our private label retail relationships and leveraging our new packaging and innovation to accelerate growth.”
Oswalt has a Bachelor’s degree in economics and Accounting from Queens College in New York and an MBA in marketing, strategy and finance from the Kellogg School of Management at Northwestern University.
She also serves on the board of the Network of Executive Women.
Century Snacks is a portfolio company of Insignia Capital Group, whose holding include Tillamook Country Smoker and Truco Enterprises.
Century Snacks produces roasted nuts and trail mixes under the Snak Club, California Naturals, Muncheros and Flanigan Farms brands, in addition to private brand products for national and regional retailers.