BNET Industries

Last Fiscal Year Sales:$1.2B
  • Private
  • US
Dow Jones Description

Impacting your bottom-line positively...the waistline is another matter! Michael Foods, Inc., founded in 1926, is the leading US producer of egg products. This food processor and distributor has several products like Papetti's, M.G. Waldbaum, Northern Star and Farm Fresh Foods, Crystal Farms, Better'n Eggs, Diners Choice and Simply Potatoes. The company also packages cheese and distributes refrigerated foods. Its customers are food processors, foodservice distributors, and grocery stores. This $1.3 billion company is based in Minnetonka, MN and employs about 4,000 people.

Chief Executive Officer
David S. Johnson
Number of Employees 4,132
Contact Information

301 Carlson Pkwy Ste 400

Minnetonka, Minnesota 55305

www.michaelfood...

1 952 258 4000

NAICS Code Dairy Product (except Dried or Canned) Merchant Wholesalers: 424430

Recent Events

  • Michael Foods Q4 2007 Earnings Call Transcript

    11/11/09 - Mgmt. Change Leaving - Vice President - View Story

  • Michael Foods announces new president-CEO

    11/03/09 - Mgmt. Change Entering - CEO - View Story

  • James E. Dwyer, Jr. Joins Michael Foods as President and Chief Executive Officer

    11/02/09 - Mgmt. Change Entering - CEO - View Story

News & Analysis

michael foods inc. - All News and Analysis

  • Michael Foods Q2 Earnings Call Transcript

    Seeking Alpha - 2009-08-26

    Question-and-Answer Session(Operator's Instructions) Our first question comes from Bryan Hunt with Wells Fargo Securities. Bryan Hunt - Wells Fargo Securities Good morning. I'm surprised you guys aren't out at Hazelton laughter. Gregg A. Ostrander 40,000 of our closest friends are out there laughter....

    Tags: Security, Wells Fargo & Co., Call Transcript, Earnings, Michael Foods Inc., Handhelds, Hardware, Seeking Alpha

  • Carlisle Companies Elects Gregg A. Ostrander to Board of Directors

    - 2008-08-05

    CHARLOTTE, N.C. -- Carlisle Companies Incorporated (NYSE:CSL) announced today that Gregg A. Ostrander, Executive Chairman of Michael Foods, Inc., has been elected to its Board of Directors, effective immediately. Michael Foods, Inc. is a national leader in egg, refrigerated potatoes and branded cheese processing based in Minnetonka, MN with annual...

    Tags: Michael Foods Inc.

  • Michael Foods to Webcast 1Q Results Conference Call

    - 2008-05-06

    FOOD AND BEVERAGE CLOSE-UP-6 May 2008-Michael Foods to Webcast 1Q Results Conference CallC2008 - CloseUpMedia - newsdesk@closeupmedia.com Michael Foods announced that the Company will release its first quarter financial results on May 9, and will conduct a conference call for debt holders to discuss the results at 10:30 a.m....

    Tags: Company, Michael Foods Inc.

  • Michael Foods to Webcast 2Q Results Conference Call

    - 2007-08-08

    FOOD AND BEVERAGE CLOSE-UP-8 August 2007-Michael Foods to Webcast 2Q Results Conference CallC2007 - CloseUpMedia - newsdesk@closeupmedia.com Michael Foods, Inc. announced that the Company will release its second quarter 2007 financial results on August 14, and will conduct a conference call for debtholders to discuss the results at 9...

    Tags: Michael Foods Inc.

  • Michael Foods Inc.(People)

    - 2006-03-01

    Michael Foods Inc. of Minnetonka, Minn., announces that James D. Clarkson has been appointed to the additional office of president. Clarkson joined the company in 1994 and has held a number of executive positions, most recently chief operating officer, a title he retains.

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  • Michael Foods

    - 2006-02-06

    Diversified food processor and distributor Michael Foods has announced that Gregg A. Ostrander, chairman and CEO, has appointed James D. Clarkson to the additional office of president. The appointment is part of the company's long-term succession planning. Clarkson, who joined the company in 1994, will retain his responsibility for the...

    Tags: Michael Foods Inc.

  • Michael Foods

    - 2006-01-01

    Michael Foods 301 Carlson Pkwy. Ste. 400 Minnetonka, MN 55305 Phone: 952-258-4807 Fax: 952-258-4710 www.michaeifoods.com COMPANY PROFILE Michael Foods, Inc. manufactures and packages a complete line of refrigerated, frozen and dried egg products including extended shelf-life egg products. Its brands of Papetti's, M.G. Waldbaum and Inovatech Egg Products are recognized...

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  • Michael Foods Announces Completion of Amendments to Its Credit Facilities and the Closing of the Sale of 9 3/4% Senior Discount Notes Due 2013 by Its Parent

    - 2004-09-20

    MINNETONKA, Minn. -- Michael Foods announced today that it has completed the amendment of its existing $591.3 million Senior Secured Credit Facility and its $135.0 million Senior Unsecured Term Loan. The facilities were amended to reduce pricing on the Senior Secured Credit Facility, to permit a certain amount of existing...

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  • Minnetonka, Minn,-Based Food Company to Change Hands.

    - 2003-10-14

    By Lee Egerstrom, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Oct. 14--Michael Foods, the Minnetonka-based food company that lost its Wall Street following two years ago as investors chose dot-coms over eggs and potatoes, has agreed to be sold to...

    Tags: Michael Foods Inc.

  • Michael Foods Shops Around Its Dairy-Products Unit.

    - 2002-10-23

    By Lee Egerstrom, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Oct. 23--Michael Foods, the Minnetonka-based company that tried to sell itself a year ago to raise shareholder value, is now offering to sell pieces of its business. ...

    Tags: Michael Foods Inc.

Decision Makers

Name (plus bio) Position
David S. Johnson Chief Executive Officer
Bill Goucher President, Michael Foods Egg Products Company
Mark Anderson President
John D. Reedy Chief Financial Officer
Thomas Kelly CIO
Bradley L. Cook Executive Vice President, Corp Development, Egg Prods Division
James G. Mohr Senior Vice President
Mark W. Westphal Senior Vice President, Finance
Jeff Davis Vice President of Business Development
Mark Witmer Vice President, Treasurer & Secretary
Diane Sparish Director, Marketing
Kris K. Porter Assistant Controller
Harold Sprinkle Sales Executive
Mark Mazzetta Account Executive
Anthony J. DiNovi Director
Charles D. Weil Director
Jerome J. Jenko Director
Kent R. Weldon Director
Todd M. Abbrecht Director

Board of Directors

Name (plus bio) Position
Gregg A. Ostrander Chairman

Organization Position Status
Michael Foods, Inc. Chief Executive Officer Current
Kraft Foods Inc.-Coffee President, N America Business Functions Current
Kraft Foods International President, North America Commercial Current
Kraft Foods Inc. President Former
Michael Foods, Inc. President Former
Kraft Canada Inc. President Former
Michael Foods, Inc. Coo Former
Kraft Foods Inc. Team Member Former

Organization Position Status
Michael Foods, Inc. President, Michael Foods Egg Products Company Current
M.G. Walbaum Co. President Former

Organization Position Status
Crystal Farms President Current
Michael Foods, Inc. President Current

Organization Position Status
Michael Foods, Inc. Chief Financial Officer Current
Michael Foods, Inc. Executive Vice President Former
Michael Foods, Inc. Principal Accounting Officer Former

Organization Position Status
Michael Foods, Inc. CIO Current

Organization Position Status
Michael Foods, Inc. Executive Vice President, Corp Development, Egg Prods Division Current

Organization Position Status
Michael Foods, Inc. Senior Vice President Current

Organization Position Status
Michael Foods, Inc. Senior Vice President, Finance Current

Jeff Davis worked as a Sales Specialist for ALL Virginia in the Richmond market from 2001 to 2003. After a one year hiatus, Jeff decided to return to the ALL Virginia Team in October of 2004 as Sales Manager for the Tidewater region. Jeff has a combined food service career of eighteen years, working as Vice President of Business Development for Michael Foods, Northeast Zone Manager for Jimmy Dean Foods, and Mid-Atlantic Regional Manager for Ore-Ida Foods. Jeff most recently owned and operated his own food service operation in Cordova, Tennessee.

Organization Position Status
Michael Foods, Inc. Vice President of Business Development Current
Tidewater Inc. Sales Manager Current
All Virginia Food Service Brokers Sales Manager Current
All Virginia Food Service Brokers Sales Specialist Former

Organization Position Status
Michael Foods, Inc. Vice President, Treasurer & Secretary Current

Organization Position Status
Michael Foods, Inc. Director, Marketing Current

Organization Position Status
Michael Foods, Inc. Assistant Controller Current

Organization Position Status
Michael Foods, Inc. Sales Executive Current

Mark Mazzetta grew up in the Chicago area. Mark's first experience in the Foodservice arena was a two year stint in sales with Seattle Fish Company, in Denver. After gaining valuable experience in the Seafood Industry, Mark opened a successful restaurant in Lakewood, Colorado, called the "New England Chowda House". He operated the restaurant for 10 years, but then the long hours and the demands of a young family prompted him to seek out other opportunities, and luckily, he landed at Kirkpatrick Brokerage Company. Mark is currently the Account Manager for our business with US Foodservice. In addition to his distributor responsibilities, he is also our Account Executive for Mission Foods, Michael Foods and C.H. Guenther & Son (Pioneer Mills).

Organization Position Status
Kirkpatrick Brokerage Co. Sales Account Executive Current
Michael Foods, Inc. Account Executive Current

Organization Position Status
Arctic Cat Inc. Executive Chairman, Michael Foods Inc. Minneapolis, Mn Current
Michael Foods, Inc. Chairman Current
Arctic Cat Inc. Board of Directors Current
Carlisle Companies Incorporated Board of Directors Current
Birds Eye Foods, Inc. Board of Directors Current
Michael Foods, Inc. Chief Executive Officer Former
Michael Foods, Inc. President Former
Michael Foods, Inc. Coo Former

Organization Position Status
THL Inc. Co-President Current
American Media, Inc Director of Media and The Company Current
Papetti Chairman Current
American Media, Inc. Director Current
Niles Audio Corporation Board of Directors Current
Temtrol, Inc. Board of Directors Current
US LEC Corp. Director Current
Vertis Inc. Director Current
NTK Holdings, Inc. Board of Directors Current
Vertis Communications Board of Directors Current
Nortek Holdings, Inc. Board of Directors Current
Nortek, Inc. Board Director Current
FairPoint Communications Inc. Director Current
Papetti Director Current
Michael Foods, Inc. Director Current
Endurance Specialty Holdings Ltd. Director Current
Governair Corporation Board of Directors Current
Thomas H. Lee Partners, LP Co-President Former
Goldman, Sachs & Co. Former
Eye Care Centers of America, Inc. Director Former

Organization Position Status
Michael Foods, Inc. Director Current

Mr. Jenko recently retired as senior vice president, general counsel, secretary and director of The Pillsbury Company. He brings more than 30 years of experience to the firm, having handled more than 150 mergers, acquisitions, and divestitures in sizes ranging from $3 million to $3 billion.

Organization Position Status
Lazard Middle Market Senior Advisor Current
Helms & Co. Senior Advisor Current
Metris Companies Inc. Current
Michael Foods, Inc. Director Current
Ocean Spray Cranberries, Inc. Director Current
Commodity Specialists Company Inc. Director Current
Papetti Director Current
Lazard Middle Market Board of Directors Current
Deco-Pak Limited Director Current
Pillsbury Senior Vice President, General Counsel Former
General Mills, Inc. Former
United Pet Supply Inc. Former
Pillsbury Secretary Former
Seton Hall University doctorate degree Former
University of Minnesota Bachelor's Degree In Chemical Engineering Former

Organization Position Status
Thomas H. Lee Partners, LP Managing Director Current
THL Inc. Managing Director Current
Progressive Moulded Products Limited Director Current
Nortek, Inc. Director Current
Nortek Holdings, Inc. Board of Directors Current
Syratech Corporation Director Current
Governair Corporation Board of Directors Current
Michael Foods, Inc. Director Current
Niles Audio Corporation Board of Directors Current
Cumulus Media Partners, LLC Director Current
FairPoint Communications Inc. Board of Directors Current
Temtrol, Inc. Board of Directors Current
Clear Channel Communications Inc. Director Current
NTK Holdings, Inc. Board of Directors Current
Papetti Board of Directors Current
Wellington Management Company, LLP Former
Good Sports Board Member Former

Organization Position Status
THL Inc. Managing Director Current
Thomas H. Lee Partners, LP Managing Director Current
Warner Chilcott UK Ltd. Current
Simmons Company Board of Directors Current
Michael Foods, Inc. Director Current
Warner Chilcott Inc. Board of Directors Former
Warner Chilcott Holdings Company III, Limited Board of Directors Former
Wharton Graduate School of the University of Pennsylvania B.S.E. In Finance Former

Executive News

  • Michael Foods Q2 Earnings Call Transcript

    Seeking Alpha - 8/26/09 - View Story

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