Milling & Baking News -- July 3, 2018 - 22
Rich Products Corp. promotes
Richard Ferranti to president
BUFFALO, N.Y. - Richard Ferranti
has been promoted to president of
Rich Products Corp. as part of a series
of executive promotions that are expected to add greater strategic depth
to the company's leadership team. He
succeeds William G. Gisel, who will
remain chief executive officer.
Mr. Ferranti becomes just the fourth
president in the company's history,
joining Mr. Gisel, founder Bob Rich
Sr. and chairman Bob Rich Jr.
"Richard brings a wide array of exceptional qualities to his
new role, not the least of
which is his passion to
fulfill our mandate for
Rich's to achieve longterm success as a family business," Mr. Gisel
said. "We continue mak- Ferranti
ing changes today that
will better position Rich's for tomorrow. We could not be on a better path
with Richard working closely with our
executive team to chart our course for
success as the next president of Rich
As president, Mr. Ferranti is expected to take on more direct leadership responsibility for the strategic
priorities of the business, enabling
Mr. Gisel to focus increased attention
on Rich's long-term direction and
organizational excellence priorities.
Additionally, Mr. Ferranti will continue in his role as chief operating
officer, where he will oversee the performance of the company's various
food-related businesses in more than
Mr. Ferranti joined Rich's in 1986
and has held various positions
throughout the organization. Prior to
becoming c.o.o., he spent five years
as president of Rich's North America
Business Group. Earlier, he spent 10
years as president of Rich's International Business Group, where he was
responsible for international initiatives, including exports, foreign subsidiaries and joint ventures.
"I am grateful to the Rich family and Bill Gisel for the opportunities they have given me throughout
my career to develop the necessary
breadth and depth of experience required for this important leadership
role," Mr. Ferranti said. "As we look
ahead to 2019 and beyond, we have
enormous opportunities to grow our
business by delivering even greater
value to our customers across the
globe. We know that if we continue to
strengthen and accelerate our capabilities, we will be successful."
Mr. Ferranti received a bachelor's
degree in political science from
Canisius College in Buffalo and a
master's degree in business administration from the State University
of New York at Buffalo. He also is a
graduate of the Harvard Business
School Advanced Management Program.
In addition to Mr. Ferranti's promotion, Rich's detailed several other
Jeff Kim has been
promoted to president
of global markets, a
newly created role with
responsibility for leveraging Rich's global
reach and local activation. A 26-year associ- Kim
ate, Mr. Kim began his
career at Rich's with the International
Group. He relocated to South Korea
in 1995, where he became country
Kissick to lead co-manufacturing
activities at Hostess Brands
KANSAS CITY - Robert M. Kissick
is changing roles at Hostess Brands,
becoming senior vice-president of
co-manufacturing as of July 2.
Mr. Kissick most recently was senior vice-president of purchasing
at Hostess since September 2007
and earlier was commodity director at the company. He joined Hostess Brands (then known as Interstate Bakeries Corp.) in 1999 as the
22 / July 3, 2018
Milling & Baking News
company's flour buyer after beginning his career as a cash grain trader at DeBruce Grain, Inc. and ADM
"It's been very rewarding for me,
especially the last five years, to be a
part of this great company with its
wonderful brands," Mr. Kissick said.
"I look forward to now managing our
co-manufacturing group as Hostess
moves forward and grows more."
manager. He later held leadership
roles in China, Hong Kong, Taiwan,
India, Vietnam, Malaysia, Thailand
and Australia, and in 2004 was named
managing director for the Asia-Pacific region. He most recently led business operations as president of Rich's
Asia-Pacific region since 2008.
Mr. Kim received a bachelor's
degree in political science and economics from the University of Buffalo and a master's degree in business administration from the University of Southern California's Marshall
School of Business.
Ray Burke, president of Rich's U.S.
and Canada region, has been named
to the company's executive team. Mr. Burke
joined Rich's in 1981 as
part of the company's
program and subsequently advanced within the organization. Burke
In 1997 he was named
president of the In-Store Bakery Division and added the leadership of
Rich's Foodservice Division in 2008.
He was named president of the U.S.
and Canada region in 20013.
Mr. Burke is a past president of
the International Dairy, Deli, Bakery
Association and is a member of the
American Bakers Association. He received a bachelor's degree in political
science and economics from the State
University of New York at Buffalo.
"Rich's is just two years away from
celebrating its 75th anniversary, a
milestone that places us among the
most successful and enduring global
family businesses anywhere," Mr.
Gisel said. "Our future is bright, and
we're confident that the leaders we
have in place will help us achieve extraordinary results for our customers,
our associates and our company now
and well into the future." MBN
Mr. Kissick has spent the past
month transitioning his purchasingrelated responsibilities over to Steve
Long, who was promoted to vicepresident of purchasing in mid-May.
"Our current team in procurement of Steve Long, Chad Bechard,
Melissa Munz and Ryan Monley have been incredible to work
with," Mr. Kissick said. "All of
them excel at what they do and
have been integral in helping the
company come back stronger than
ever - the procurement group is in
good hands." MBN
bakingbusiness.com / world-grain.com