BNET Industries

Market Cap:$94.2M
Last Fiscal Year Sales:$120.9M
  • Public
  • US
Dow Jones Description

Bridgford Foods Corporation, a California corporation (collectively with its subsidiaries, the Company, we or our), was organized in 1952. The Company originally began its operations in 1932 as a retail meat market in San Diego, California, and evolved into a meat wholesaler for hotels and restaurants, a distributor of frozen food products, a processor and packer of meat and a manufacturer and distributor of frozen food products for sale on a retail and wholesale basis. For more than the past five years, the Company and its subsidiaries have been primarily engaged in the manufacturing, marketing and distribution of an extensive line of frozen, refrigerated and snack food products throughout the United States. The Company has not been involved in any bankruptcy, receivership or similar proceedings, nor has it been party to any merger, acquisition, etc. or acquired or disposed of any material amounts of assets during the past five years. Substantially all of the assets of the Company have been acquired in the ordinary course of business. The Company had no significant change in the type of products produced or distributed, nor in the markets or methods of distribution since the beginning of the fiscal year.

President, Bridgford Foods, California
Bruce Bridgford
Number of Employees 613
Contact Information

1308 N Patt St

Anaheim, California 92801-2551

bridgford.com

(714) 526-5533

NAICS Code Rendering and Meat Byproduct Processing: 311613

Recent Events

  • Market Report -- In Play ()

    11/13/09 - Stock Split / Dividend - View Story

News & Analysis

bridgford foods corp. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Bruce Bridgford President, Bridgford Foods, California
John V. Simmons President
Robert E. Schulze President
Raymond F. Lancy Chief Financial Officer, Executive Vice President, Treasurer and Member
Daniel R. Yost Senior Vice President, Frozen Foods Division
Chris Cole Vice President
Cindy Cole Vice President
Hugh Wm Bridgford Vice President
Cindy Matthews Assistant Secretary
D. Gregory Scott Certified Public Accountant
Todd Andrews Certified Public Accountant
William L. Bridgford Principal Executive Officer
Cindy M Matthews-Morales Secretary

Board of Directors

Name (plus bio) Position
Hugh Wm Vice President and Chairman
Allan L. Bridgford Senior Chairman of the Board
Gregory D. Scott Board of Directors
Paul R. Zippwald Board of Directors
Richard A Foster Board of Directors

Organization Position Status
Bridgford Foods Corporation President, Bridgford Foods, California Current
Bridgford Foods Corporation Board of Directors Current

Organization Position Status
Bridgford Foods Corporation President Current
Bridgford Foods Corporation Vice President Current
Bridgford Foods Corporation Board of Directors Current

Robert E. Schulze previously served the Company in several capacities over more than five years including President, Executive Vice President, Principal Financial Officer, Secretary and Treasurer. Mr. Schulze retired as an employee effective as of June 30, 2004.

Organization Position Status
Bridgford Foods Corporation President Current
Bridgford Foods Corporation Director, Audit Committee and Compensation Committee Chairman Current
Bridgford Foods Corporation Board of Directors Former

Raymond F. Lancy, age 55, has served as Treasurer of the Company for more than the past five years. He was elected Executive Officer in 2001 and Chief Financial Officer in 2003.

Organization Position Status
Bridgford Foods Corporation Chief Financial Officer, Executive Vice President, Treasurer and Member Current
Bridgford Distributing Co. CFO Current
Bridgford Foods Corporation Board of Directors Current
Bridgford Distributing Co. Controller Former

Organization Position Status
Bridgford Foods Corporation Senior Vice President, Frozen Foods Division Current

Organization Position Status
Bridgford Foods Corporation Vice President Current

Organization Position Status
Bridgford Foods Corporation Vice President Current

Organization Position Status
Bridgford Foods Corporation Vice President and Chairman Current

Organization Position Status
Bridgford Foods Corporation Vice President Current
Bridgford Foods Corporation Director Former

Organization Position Status
Bridgford Foods Corporation Assistant Secretary Current
Bridgford Foods Corporation Secretary Current

D. Gregory Scott is a Certified Public Accountant and currently serves as the Managing Director of Peak Holdings, LLC, an investment management company, based in Beverly Hills. Mr. Scott has been with Peak Holdings, LLC for more than the past five years. Peak Holdings and its affiliates own and manage in excess of 3 million square feet of office, retail and warehouse space throughout the United States.

Organization Position Status
Bridgford Foods Corporation Certified Public Accountant Current
Bridgford Foods Corporation Board of Directors Current

Todd C. Andrews is a Certified Public Accountant and currently serves as Vice President and Controller of Public Storage, Inc. headquartered in Glendale, California. Mr. Andrews has been with Public Storage, Inc. for more than the past five years. Mr. Andrews, a resident of Valencia, California, is a graduate of California State University, Northridge.

Organization Position Status
Bridgford Foods Corporation Certified Public Accountant Current
Bridgford Foods Corporation Board of Directors Current
Public Storage, Inc. Vice President & Controller Former
California State University Former

William L. Bridgford was elected Chairman of the Board of Directors in March of 2006 and President of the Company in June of 2004. He previously served as Secretary of the Company for more than five years. Mr. Bridgford has been a full-time employee of the Company since 1981.

Organization Position Status
Bridgford Foods Corporation Principal Executive Officer Current
Bridgford Foods Corporation Chairman of the Board and Principal Executive Officer Current
Bridgford Foods Corporation President & Secretary Former

Allan L. Bridgford was elected Senior Chairman of the Board in March of 2006. He previously as Chairman of the Company for more than five years and has been a full-time employee of the Company since 1957. Mr. Bridgford has served as a member of the Executive Committee since 1972. Allan L. Bridgford reduced his work schedule to 80% in March of 2000 and 60% in March of 2005. Mr. Bridgford’s base compensation was reduced as a result of this reduced work schedule.

Organization Position Status
Bridgford Foods Corporation Senior Chairman of the Board Current

Organization Position Status
Bridgford Foods Corporation Secretary Current

Organization Position Status
Bridgford Foods Corporation Board of Directors Current

Paul R. Zippwald was Regional Vice President and Head of Commercial Banking for Bank of America NT&SA, North Orange County, California, for more than five years prior to his retirement in July 1992. Mr. Zippwald is currently retired.

Organization Position Status
Bridgford Foods Corporation Board of Directors Current

Richard A. Foster was President of Interstate Electronics Corporation, a wholly owned subsidiary of Figgie International, Inc., from 1979 until his retirement in 1991. Mr. Foster also served as Vice President of Figgie International, Inc. from 1986 to 1991.

Organization Position Status
Bridgford Foods Corporation Board of Directors Current
Interstate Electronics Incorporated President Former
Figgie International Vice President Former
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     BRID $10.05 +0.45 (4.69% )
Average Volume 3,153
Shares Outstanding 9.38M
Market Cap 94.2M
Year High 10.49
Year Low 2.53
Earnings Per Share -0.16
P/E Ratio -62.81
Dividend N/A
Yield N/A
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