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Post Holdings, Inc. is a consumer packaged goods holding company that operates across diverse food and beverage markets. The company focuses on producing and distributing ready-to-eat cereals, pet food, peanut butter, egg and potato products, and refrigerated retail items. Its portfolio includes well-known brands and private label products, catering to both retail and foodservice channels globally.
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Post Consumer Brands - Produces North American ready-to-eat cereals, pet food, and peanut butter, including branded and private label offerings.
- Sub-products: Includes Peter Pan peanut butter and private label pet food.
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Foodservice - Supplies egg and potato products to foodservice and food ingredient channels, leveraging brands like Michael Foods and Bob Evans Farms.
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Refrigerated Retail - Offers refrigerated side dishes, eggs, cheese, sausage, and other dairy products under brands such as Bob Evans Farms and Crystal Farms Dairy.
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Weetabix - Focuses on U.K. ready-to-eat cereals, muesli, and protein-based shakes, including branded and private label products.
- Sub-products: Includes UFIT protein shakes and private label cereals.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Robert V. Vitale ExecutiveBoard | President and Chief Executive Officer | Executive Chairman of BellRing Brands, Inc.; Board Member of Energizer Holdings, Inc.; Board Member of 8th Avenue Food & Provisions, Inc. | Joined Post in 2011 as CFO; became CEO in 2014; oversaw the spin-off of BellRing Brands and other strategic initiatives. | |
Diedre J. Gray Executive | Executive Vice President, General Counsel, Chief Administrative Officer, and Secretary | None | Joined Post in 2011; promoted to EVP in 2017; oversees legal and administrative functions. | |
Mark W. Westphal Executive | President, Foodservice | None | Joined Michael Foods (subsidiary of Post) in 1995; became President of Foodservice in 2018. | |
Matthew J. Mainer Executive | Executive Vice President, Chief Financial Officer, and Treasurer | None | Joined Post in 2015 as VP and Treasurer; promoted to CFO in 2022; became EVP in 2024. | |
Nicolas Catoggio Executive | President and CEO, Post Consumer Brands | None | Joined Post Consumer Brands in 2021; previously worked at Boston Consulting Group and Unilever. | |
David P. Skarie Board | Board Member | None | Former co-CEO and President of Ralcorp; extensive expertise in consumer packaged goods. | |
David W. Kemper Board | Board Member | Executive Chairman of Commerce Bancshares, Inc.; Director of Tower Properties Company; Director of Enterprise Holdings, Inc. | Extensive managerial expertise; former CEO of Commerce Bancshares; served on Ralcorp board. | |
Dorothy M. Burwell Board | Board Member | Partner at FGS Global; Board Member of Pennon Group plc and Bristol Water plc; Trustee of The Consumer’s Association; Chair of Trustees for The Links, Incorporated (London Chapter) | Partner at FGS Global; extensive expertise in corporate communications and governance. | |
Gregory L. Curl Board | Board Member | Vice Chairman - Asia of Temasek International; Chairman of Rivulis Irrigation Ltd.; Director of CITIC Limited | President of Temasek Holdings; extensive experience in financial services and M&A. | |
Jennifer Kuperman Board | Board Member | Board Member of BellRing Brands, Inc.; Board Member of Kyriba; Board Member of CoachArt | Extensive leadership experience in corporate affairs and communications; previously at Alibaba and Visa. | |
Thomas C. Erb Board | Board Member | Advisory Director of the CIC Group | Former Chairman Emeritus of Lewis Rice LLC; expertise in legal affairs and strategic planning. | |
William P. Stiritz Board | Chairman of the Board of Directors | Partner at Westgate Group LLC; Chairman Emeritus of Energizer Holdings, Inc.; Director of Vail Resorts, Inc. (1997–2009) | Former CEO of Post (2012–2014); extensive experience in financial operations and governance. |
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Given that you expect the avian influenza impact on Q2 Foodservice earnings to be a headwind of $30 million to $50 million compared to Q1, how confident are you in your assumption of recovering these costs in the balance of the fiscal year, especially if additional outbreaks occur or supply recovery is delayed?
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With Refrigerated Retail adjusted EBITDA decreasing significantly due to factors like the non-repetition of customer-sponsored promotions and shelf reset relocations at a major customer, what steps are you taking to address these challenges, and can we expect these issues to persist into future quarters?
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The cereal category declined 3.2%, slightly more than your planned assumptions, with niche cereals gaining share while large manufacturers face challenges; how do you plan to innovate or adapt your strategy to address this decline and remain competitive in a shifting market? ,
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Considering that the ramp-up of your ready-to-drink shakes business has been slower than expected and its contribution is currently minimal, what are the specific obstacles you are facing, and how are you addressing them to achieve your growth targets in this segment?
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With the potential risks associated with the new administration's policies, including tariffs and regulatory changes that you mentioned could impact the consumer landscape, how are you preparing to navigate these uncertainties, and what measures are you taking to mitigate potential negative effects on your business? ,
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Potato Products of Idaho, L.L.C. | 2024 | Planned acquisition by Post Holdings for a manufacturer and packager of refrigerated and frozen potato products, including a manufacturing facility in Rigby, Idaho; financial terms were not disclosed, and the transaction is expected to complete in Q1 2025. |
Perfection Pet Foods, LLC | 2023 | Completed acquisition for $235 million, acquiring substantially all assets including two manufacturing facilities in Visalia, California; the deal, funded with cash on hand and borrowings, is expected to contribute approximately $25 million of Adjusted EBITDA and deliver additional tax and capital expenditure benefits. |
Rachael Ray® Nutrish®, Nature’s Recipe®, etc. | 2023 | Completed acquisition from The J.M. Smucker Co. for $1.2 billion (including cash and common stock), acquiring multiple pet food brands and manufacturing/distribution facilities; the deal supports Post’s entry into the growing pet food category with expected annual synergies, and includes a TSA for up to 24 months. |
Lacka Foods Limited | 2022 | Completed acquisition valued at £24.5 million (approximately $32.2 million) plus an earnings-based contingent consideration; this U.K.-based distributor and marketer of ready-to-drink protein shakes and nutritional snacks added customer relationships and brand assets (amortized over 13 years) to the Weetabix segment. |