Partner – Food and Beverage
"Paying forward my 35+ year career by helping food & beverage clients reach their goals"
Dave brings to our food and beverage clients more than 35 years of CPG experience in the industry serving in senior financial and operational roles. In both CFO and COO positions with mid-size privately held manufacturing companies, his product exposure grew to include candy and salty snacks, breakfast cereals and nutritional bars, nutritional sports powders, drinks, and fresh meal solutions. As he developed and led financial and operational teams, he deepened his diverse understanding and skill set and ably works with client teams to have a positive impact on organizations. This includes working with struggling companies as he leads and directs "turn arounds" through improved planning, structure and implementation of key initiatives that produce significant positive change.
Before joining CFOs2GO, Dave was the CFO for Valley Fine Foods, a manufacturer and marketer of fresh meal solutions with bi-coastal facilities. He turned the company to positive earnings after several down years by implementing key initiatives that improved margins, such as resizing the manufacturing footprint and evaluating and replacing unprofitable product lines and customers. He negotiated new banking relationships and restructured debt, which reduced rates and principal payments and provided additional funding and flexibility for future growth.
Dave previously held the CFO and then COO roles at CytoSport, makers of Muscle Milk, a protein enhanced nutritional product, responsible for Finance, IT, HR and Operations including Internal Manufacturing, Contract Manufacturing, Procurement and Logistics. He was instrumental in the company growth from $132m to $450m within 6 years. Dave led many financial and operational improvements including: increasing EBITDA through profit improvements programs, formalizing and streamlining customer pricing, expanding bank debt to support growth, designing and implementing ERP system improvements, developing an external supply chain for the beverage category and upgrading the internal manufacturing facility to expand capacities and efficiencies. He was integral in the successful sale of CytoSport to Hormel Foods in August 2014.
His 25years of related financial and operational experience with such companies as Sunmark Companies, Barbara’s Bakery and Weetabix North America helped build his abilities to work with a wide array of our clients today, including small and mid-sized businesses and privately held and high-growth family and private equity owned ones.
Dave graduated with a B.S. in Business Administration from the University of Missouri, majoring in Finance and Accounting. After growing up in the Midwest, here located to Northern California in 1989 where he enjoys life with his wife, Anne, and his two adult children. Living in beautiful Green Valley, they donate the fresh fruits and vegetables they grow on their home-farm to local food banks.