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. JohnsonNumber of Employees 4,132
Contact Information
301 Carlson Pkwy Ste 400
Minnetonka, Minnesota 55305
1 952 258 4000
Peer Companies
NAICS Code Dairy Product (except Dried or Canned) Merchant Wholesalers: 424430
Recent Events
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Michael Foods Q4 2007 Earnings Call Transcript
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Michael Foods announces new president-CEO
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James E. Dwyer, Jr. Joins Michael Foods as President and Chief Executive Officer
News & Analysis
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michael foods inc. - All News and Analysis
Michael Foods Q2 Earnings Call Transcript
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....
Carlisle Companies Elects Gregg A. Ostrander to Board of Directors
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...
Michael Foods to Webcast 1Q Results Conference Call
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....
Michael Foods to Webcast 2Q Results Conference Call
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...
Michael Foods Inc.(People)
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.
Michael Foods
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...
Michael Foods
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...
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
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...
Minnetonka, Minn,-Based Food Company to Change Hands.
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...
Michael Foods Shops Around Its Dairy-Products Unit.
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. ...
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
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Michael Foods Q2 Earnings Call Transcript
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