Chobani Greek Yogurt. Editorial credit: OLOZANO / Shutterstock.com
Yogurt giant Chobani announced that veteran finance executive Jody Macedonio will serve as its new Chief Financial Officer. Macedonio, who takes the reins from interim CFO Michelle Brooks on December 28, 2020, will report directly to President & COO Peter McGuinness.
Brooks will continue her role as Treasurer and transition into the newly created Chief Business Development Officer role.
Macedonio is joining Chobani during a period of fast growth, as total dollar sales have increased by double digits in grocery outlets and online and its oat milk product is now the #2 brand in the US. To capitalize on its momentum Chobani is entering and growing its footprint in four key categories: plant-based oat milks, dairy & plant-based oat creamers, functional wellness beverages, and a new probiotic yogurt portfolio.
Macedonio over two decades of global experience as a finance executive in the consumer goods industry. She most recently served as the CFO of 8th Avenue Food & Provisions and prior to that, she was the CFO of Dean Foods. She is also a Board Director for 4word, a national non-profit organization for professional women.
In the company’s announcement McGuinness said, "As we build the next generation food company, we're building the leadership team who will help us make it happen. Jody brings deep operational finance leadership experience. She has a passion for food and beverage, she loves a challenge, she's super-collaborative and very growth-driven.”
Macedonio praised the company’s people first culture and support for communities and stated, "Chobani has made incredible strides in a short period of time – as a brand, there is no better place to be in food. Growth via innovation has been impressively smart and nimbly executed. I look forward to joining the team to help drive continued, strategic growth as Chobani broadens its portfolio to additional food categories.”
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