Don Kremin

Managing Director, Specialty Ingredients at Akoya Capital Partners

Don Kremin joined Akoya in 2023 and has 30+ years in the food ingredients industry.

Don recently retired from his role as group vice president of the Specialty Foods division of Hormel Foods where he was responsible for a $1.4B P&L.

In his 34-year career with Hormel Foods, Don held various management and leadership positions within the company’s Grocery Products, CPS, and Specialty Foods businesses.

In 2005, Don was named VP of the Walmart business team in Bentonville, Ark. He was then promoted to senior vice president of the CPS division for the Walmart business in 2008.

Don’s leadership and the efforts of his team resulted in Hormel being awarded Walmart Supplier of the Year for overall best supplier performance and partnership in 2011.

During his more than three decades with Hormel Foods, Don built a reputation for an unwavering commitment to his customers’ success while helping Hormel achieve record results.

Don provided exceptional leadership to Hormel’s CPS team serving Walmart. He was also instrumental in the successful acquisition of CytoSport in 2014 and the ongoing development of the Muscle Milk® brand’s line of new products.

Don currently serves on the board of three privately held food ingredients companies, including a Devansoy, an Akoya portfolio company.

Don also previously served as a board member for FONA International and played a key role in their sale to McCormick in 2020, earning FONA a record multiple in the flavor space.

Links

Previous companies

Hormel Foods logo

Timeline

  • Managing Director, Specialty Ingredients

    January, 2023 - present

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