Maines Paper and Food Service Names CFO

CONKLIN, NY (January 8, 2013)—Maines Paper and Food Service, Inc. announced it has promoted Terri Deane to senior vice president and chief financial officer.

Deane joined Maines in 1992 as the assistant controller. Over the next 12 years, she worked internally to formalize processes in the firm’s finance, accounts payable, and treasury departments. Deane was instrumental in strengthening the cash and capital expenditure policies of Maines, the company says. She also played a key role in contract negotiation for new business and streamlined the firm’s accounts-payable process, saving Maines money.

Deane is a graduate of Binghamton University with a bachelor’s degree in accounting. She received her CTP (certified treasury professional) certification in 2010.

“We have experienced tremendous growth over the past 10 years in all areas of our business,” Maines President and CEO Chris Mellon, said in a news release. “Terri Deane has been an integral part of the growth which made it an easy decision to promote her in this new position. We are very excited to congratulate her and wish her great success in her new role.”

Conklin–based Maines Paper & Food Service is one of the largest independent foodservice distributors in the country, coming in at 6th on the ID Report Top 50. The third-generation, family owned business generates revenue exceeding $3 billion. Maines employs more than 2,000 people from 12 distribution centers with coverage in 36 states.

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

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

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.

Trending

More from our partners