BNET Industries

Foodbuy

is in the Retail Industry

Last Fiscal Year Sales:$300.0M
  • Private
  • US
Dow Jones Description

Foodbuy is the nation's largest Group Purchasing Organization (GPO), focused exclusively on the $400 billion foodservice marketplace. The company, which manages more than $5+ billion in food and food-related purchasing, offers multi-unit foodservice operators a comprehensive suite of procurement and supply chain services ranging from contract negotiation to fully outsourced purchasing. Foodbuy has two locations, Atlanta Ga. and Charlotte N.C. Atlanta is home to Foodbuy's member development, member services, finance, technology, and operations teams.

President
Dan Barney
Number of Employees 174
Contact Information

1105 Lakewood Pkwy Ste 400

Alpharetta, Georgia 30009

foodbuy.com

1 678 256 8000

NAICS Code Other Direct Selling Establishments: 454390

News & Analysis

foodbuy - All News and Analysis

Decision Makers

Name (plus bio) Position
Dan Barney President
Bill Hodges Chief Operating Officer

Board of Directors

Name (plus bio) Position
Tony Shearer Chairman, Foodbuy Llc, Compass Group
Marc Poirier Board of Directors

Organization Position Status
Foodbuy President Current

Serving as Chief Operating Officer, Mr. Hodges is responsible for the general operations of the company including the technology, operations, member services and finance functions. Prior to joining Foodbuy, Mr. Hodges spent 12 years in the healthcare technology and finance industry holding a variety of positions in the financial, operations, product development and technology areas. Most recently, he was the Chief Information Officer for Vivra Specialty Partners, a physician management company, where he directed the development, implementation and operation of multiple web-based, high-volume transaction processing systems. Mr. Hodges also spent eight years with Medaphis Corporation holding a variety of positions during a high growth period where revenues grew from less than $20 million to more than $700 million. Mr. Hodges holds a B.A in Economics from the University of the South and an M.B.A. from Emory University. He also is a licensed C.P.A.

Organization Position Status
Foodbuy Chief Operating Officer Current
Emory University M.B.A. Former
The University of the South B.A In Economics Former

Organization Position Status
Foodbuy Chairman, Foodbuy Llc, Compass Group Current

Marc has been a General Partner with @Ventures since 1998, and he has more than eighteen years of experience working with entrepreneurial companies. Prior to joining @Ventures, Marc was employee #3 in CMGI's MyWay subsidiary, where he led several operational and functional units, including finance, business development, and electronic commerce. He also worked for several years at Ernst & Young in both the Entrepreneurial Services Group and in the Mergers & Acquisitions Group, where he was a Senior Manager. Marc received a B.S. degree in Business Administration from Providence College and an MBA from Harvard Business School. Marc has played a key role in successful @Ventures investments, including Half.com and WebCT. He currently serves on the boards of Foodbuy, H2Gen Innovations, Open Channel Solutions, and he is a board observer of ObjectVideo.

Organization Position Status
CMGI, Inc. General Partner Current
Foodbuy Board of Directors Current
Powerit Solutions, LLC Board of Directors Current
H2GEN Innovations, Inc. Board Member Current
Open Channel Solutions Board of Directors Current
Ernst & Young Senior Manager Former
Half.Com, Inc. Former
Webct, Inc. Former
Objectvideo board observer Former
Harvard Business School Mba Former
Providence College B.S. Degree In Business Administration Former
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