ID NEWS: Kraft/Alliant veteran joins W.S. Lee as cfo

W.S. Lee & Sons, Inc., Altoona, PA, has named Jack A. Peterson vice president and cfo.

Peterson's prior background includes the post of executive vice president and cfo of Kraft Foodservice, which subsequently evolved into Alliant Foodservice, Inc. All told, Peterson spent 23 years with Kraft Foods, Inc., in manufacturing, consumer product marketing, corporate finance and foodservice distribution. He entered Kraft's distribution business prior to its spin-off into a self-standing company in 1995 and took early retirement in 1998, when Alliant was at the $6.5-billion mark. (Alliant was acquired in November 2001 by U.S. Foodservice, Columbia, MD.)

Peterson reentered the workforce in 2002 with a start-up company in the Phoenix area before moving back into the foodservice distribution arena with W. S. Lee.
. . . . .
For news analyses and all market intelligence to help you grow your customers' business, sign up for ID Report by visiting:
http://www.idmagonline.com/idmagazine/mgmt_report_signup.jsp

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Financing

For Papa Johns, the CEO departure came at the wrong time

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Trending

More from our partners