Wythe Will Tzetzo, LLC, a packager and distributor of confections and specialty food, has announced that its board of directors has named Keith McDaniel to succeed Gordon Angles, who is retiring from his role as CEO at the end of 2013.
McDaniel has 22 years of experience in the confectionery industry serving in various capacities, most recently as President of Wythe Will Tzetzo. McDaniel joined Tzetzo Bros, a predecessor company, in 1991 as Vice President of Purchasing.
Gordon Angles said “Keith’s wealth of experience and industry knowledge, along with his passion and commitment to the business, make him the ideal person to lead Wythe Will Tzetzo going forward. Keith is dedicated to our customers in providing the best possible service and quality of products. His leadership and knowledge of the industry will be vitally important in guiding Wythe Will Tzetzo’s success into the future.”
Keith McDaniel commented “To succeed an industry statesman such as Gordon Angles in the role of CEO of Wythe Will Tzetzo is an honor. We have a lot of great projects on the table at Wythe Will Tzetzo that we feel will offer tremendous value to our customers, and I am very excited to lead the company through its next phase of growth.”
Wythe Will Tzetzo, LLC is a portfolio company of Slate Capital Group.
About Wythe Will Tzetzo, LLC
Wythe Will Tzetzo (WWT) is a leading provider of national branded, unbranded, and private label confectionery products and specialty foods sold to retailers throughout the United States. The company provides value added packaging as well as bulk distribution of chocolate, nonchocolate
confectionary, fruit & nut mixes and specialty products. With a history dating back to 1927, the company has grown steadily through both organic expansion and acquisitions to be one of the largest and most reputable players in specialty food and candy packaging and distribution, with expertise in worldwide sourcing, warehousing, and transportation logistics.
The company’s facilities are located in Buffalo, N.Y., Toano, Va. (near Williamsburg), Los Angeles, Calif., and Lebanon, Tenn. WWT maintains deep relationships with large national grocers, alternative retailers, convenience chains, as well as a large number of independent retailers. As a leading value-added single source, Wythe Will Tzetzo provides its products to these customers at multiple price points in a variety of formats and configurations. With products sold under the company’s trade names and private label, the company has breadth of product offering of more than 7,500 SKUs from over 450 domestic and international specialty food and confection companies.
About Slate Capital Group
Slate Capital Group is a leading private equity investment group based in Baltimore, Md. that partners with lower-middle market companies. With a focus on companies in the Mid-Atlantic region, Slate Capital provides liquidity to business owners as well as growth capital to businesses for further expansion. The principals of Slate Capital have significant experience in both running small-to-mid-sized companies and investing in venture capital and leveraged buyout transactions. Slate Capital’s primary areas of focus include business services, distribution, light manufacturing, direct marketing, food & beverage, for-profit education, consumer and retail investments. Additional information can be found at www.SlateCap.com.