Gourmet News

The Original Cakerie Names Paul Lapadat as CEO of Newly Formed Holding Company

Published October 19, 2016

The Original Cakerie, which makes high-quality frozen desserts for retail and foodservice customers across North America, has named Paul J. Lapadat as Chief Executive Officer of a new holding company established to accelerate growth. Lapadat, a longtime executive with deep experience leading both consumer product conglomerates and specialty food companies, succeeds Dave Hood, who was CEO of The Original Cakerie for more than 20 years. Hood will become an advisor to the board of directors of The Original Cakerie.

Concurrently, The Original Cakerie announced it has restructured its business under a holding company known as Desserts Holdings, based in St. Paul, Minnesota. Desserts Holdings will allow a shared services model and integrated selling organization between The Original Cakerie and Lawler Foods to better serve current and prospective customers. Both The Original Cakerie and Lawler Foods are portfolio companies of Gryphon Investors, a San Francisco-based middle market private equity firm.

The Original Cakerie, founded in 1979, is based in Delta, British Columbia, Canada, with a second production facility in London, Ontario. Lawler Foods, a manufacturer of gourmet cheesecakes, layer cakes, pies and other desserts, is based in Humble, Texas. Together, the companies serve more than 200 customers in Canada, the United States, Mexico and Europe.

As part of the transition, Chris W. Rogers has also been named CFO for the holding company and will report to Lapadat in the St. Paul office. Doris Bitz, currently Senior Vice President, Retail Sales & Marketing, will become President of The Original Cakerie. The Original Cakerie and Lawler Foods will remain stand-alone, independent operating companies with their own brands. The companies’ manufacturing operations will remain in Delta, London, and the Houston area.
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Dennis O’Brien, a Partner at Gryphon Investors and Chairman of the Board of The Original Cakerie, said, “We are pleased to welcome Paul to Desserts Holdings. Having worked closely with him on our previous successful investment in Flagstone Foods, we are very familiar with Paul’s leadership skills and believe he will be instrumental to building this unique platform company. Likewise, we welcome Chris, and we are excited to see Doris move into her new role as President. We are fortunate to have attracted leaders of Paul’s, Chris’ and Doris’s caliber. We are equally grateful for Dave Hood’s continuing presence, and we expect to take full advantage of his immeasurable product and industry knowledge.”

Lapadat added, “I am excited to be working alongside Gryphon again to continue to grow this highly respected business in the premium dessert space. The Original Cakerie and Lawler Foods are best-in-class companies, and I look forward to working with their teams to increase capabilities and expand our dessert offerings so that our retail and foodservice customers will continue to view us as their company of choice.”

Hood commented, “I am pleased to have worked with the Gryphon team on the ownership transition of The Original Cakerie, and I know it will continue to be viewed as the premier premium frozen desserts company in North America. I look forward to continuing my work as a strategic advisor.”

Renee Hicks Joins The Fremont Company

Published October 19, 2016

Renee Hicks, a 23-year food industry veteran, has joined The Fremont Company, a 111-year-old manufacturer of private brands products, as Director of Private Brands. The Fremont Company is one of the country’s leading producers of private brands regular and organic ketchup, as well as steak sauces and barbecue sauces. Hicks was most recently with Roehl Corporation, a brokerage company for the private brands food business.

“Renee will be managing The Fremont Company’s fast growing domestic account portfolio, dealing with our large pool of retail customers. Her background in account management on both the regional and national levels brings important expertise to help our company achieve new goals in new client acquisition as well as expanding existing relationships,” says Chris Smith, President of The Fremont Company. “The private brands industry is reaching record sales numbers, and professionals like Renee are in high demand to help companies understand and meet market needs.”
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Store brand sales in the U.S. reached $118.4 billion in 2015, an all-time record. That was an increase of $2.2 billion over the previous year, according to the Private Label Association “2016 Private Label Yearbook.” Annual sales of store brands have grown by 5 percent, or $5.4 billion, in combined channels. Dollar share for store brands is now 17.7 percent, a new high for the industry.

Convenience Store Industry Sees Future in Food

Published October 19, 2016

“More than ever, I truly believe that food is our future,” said NACS 2015-16 Chairman Jack Kofdarali during his speech at this year’s NACS Show general session. NACS is the Association for Convenience & Fuel Retailing.

But, he cautioned that while all signs are pointing toward food as the industry’s future, it won’t happen without work.

“We’re going to have to fight for customers in an already crowded marketplace,” said Kofdarali, who also serves as President of Corona, California-based J&T Management Inc., which operates convenience stores in Southern California. “We’re also going to have to tell our story and correct misperceptions about our offer. And we’re going to have to address an increasingly long list of regulations that stand in our way—whether related to food or our other products.”

He said that it is eye-opening to travel from California to the East Coast—and Europe—and see so many retailers executing at a very high level with food. “Their focus is not just on food made fast, but on food that is really good—both in taste and in quality,” said Kofdarali. “And here’s the most important thing: It’s making them money.”

Kofdarali shared regional breakout data from the NACS State of the Industry Report of 2015 Data that showed how high prepared food sales also push the sales of other items higher. “Prepared foods is bringing in more customers, and retailers are selling more food and other items,” he said.

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Kofdarali shared a few examples of regulations in his home state of California, from potential tobacco bans to warning labels on bottled water or fuel dispensers, to a litany of fuel-related regulations.

But, he warned, what’s happening in California is not happening in isolation. He said that just as weather patterns move west to east, so do regulations—especially those emitting from California.

The NACS Show is the premier event of the year for the convenience and fuel retailing industry. More than 20,000 attendees from 60-plus countries are at the 2016 NACS Show in Atlanta, which features four days of general sessions, more than 60 education sessions and more than 1,200 exhibiting companies in a nearly 410,000 net-square-foot expo. For the most up-to-date news and information on the event, go to nacsshow.com.