BNET Industries

Papetti

is in the Food Industry

Last Fiscal Year Sales:$1.5B

Private
US

Dow Jones Description

For over 75 years, Michael Foods has welcomed new companies into our fold, drawing on these specialized resources to offer better solutions to our customers. Our oldest company is Minneapolis-based Crystal Farms , founded in 1926 and now a leading distributor of refrigerated, dairy case products sold in over 5,000 grocery stores in 42 states. These value-conscious products range from cheese and eggs to butter, margarine, bagels and English muffins. Our egg products division is made up of Papetti's , M.G. Waldbaum and MFI Food Canada. Michael Foods, Inc is the largest global supplier of processed eggs. Papetti's high-quality reputation also dates back to the early 20th century, when the Papetti family started a poultry business. Papetti's joined the Michael Foods family of companies in 1997. Founded in 1950, M.G. Waldbaum is known for its product innovation; Waldbaum introduced the first extended shelf-life egg. This patented process and product gives our ESL product an advantage in quality and consistency. Michael Foods, Inc., acquired Canadian Inovatech Inc. in Fall of 2002, which is a leading manufacturer and exporter of value-added egg products. Today's consumers can find quality and great taste in our Better'n Eggs product at their local retailers. Northern Star , a leading producer of refrigerated potato products, was founded in 1951. Northern Star specializes in a variety of refrigerated (never frozen) potatoes for both the foodservice and retail markets. ...

President and Chief Executive Officer

David S Johnson

Number of Employees 2,999

Contact Information

301 Carlson Pkwy Ste 400

Minnetonka, Minnesota 55305

michaelfoods.co...

1 952 258 4000

Peer Companies

NAICS Code Packaged Frozen Food Merchant Wholesalers: 424420

News & Analysis

papetti - All News and Analysis

Auriga Measurement Systems LLC.(PERSONNEL)(Agostino Papetti appointed)(Brief Article)

- 2005-08-01

Auriga Measurement Systems LLC announced the addition of Agostino Papetti as director of global sales and marketing. Most recently, Papetti was employed by Agilent Technologies in a variety of sales and marketing positions focusing on the microwave and millimeter-wave business segments, the aerospace and defense market,...

Tags: Auriga Inc., Papetti
Michael Foods wraps Papetti's purchase

- 1997-03-17

MINNEAPOLIS -- Diversified food-processor and distributor Michael Foods Inc. completed its previously announced acquisition of Papetti's Hygrade Egg Products for $82.8 million in a combination of cash and stock. To acquire the Elizabeth, N.J.-based company, Michael Foods tendered 3.2 million shares of its common stock and also assumed...

Tags: Michael Foods Inc., Papetti
Pappetti yokes egg checkweighing to sanitizing demands. (Papetti's Hygrade Egg Products)

- 1996-11-01

Processor of six million eggs a day installs checkweigher for improved sanitation, easier maintenance, precise weighing and quicker, simpler product changeovers. Egg on the face might be bad, but egg on the machine is worse, according to Ted Polny, plant manager at Pappetti's Hygrade...

Tags: Papetti
Papetti's enters joint venture

- 1970-01-01

ELIZABETH, N.J. - Papetti's Hygrade Egg Products Inc., a high-volume egg processor here, entered a joint venture with Ingredient Supply Co., a supplier of hard-cooked-eggs.Terms were not disclosed.

Tags: Papetti

page 1 of 1

Decision Makers

Name (plus bio)	Position
David S Johnson	President and Chief Executive Officer
Mark D Witmer	Treasurer, Dave Johnson, President and CEO
John D Reedy	Executive Vice President and Chief Financial Officer
Mark W Westphal	Cfo
James G Mohr	Senior Vice Presidentsupply Chain
Thomas J. Jagiela	Senior Vice President Operations and Supply Chain
Charles D Bailey	Vice President of Operations
Jerome J. Jenko	Director
Todd M Abbrecht	Director

Board of Directors

Name (plus bio)	Position
Anthony J. DiNovi	Chairman
Carolyn V. Wolski	Board of Directors
Charles Weil	Board of Directors
Joshua D. Bresler	Board of Directors
Kent R. Weldon	Board of Directors

Organization	Position	Status
Papetti	President and Chief Executive Officer	Current
Arthur J. Gallagher & Co.	President & CEO Americas, Barry Callebaut North America	Current
Arthur J. Gallagher & Co.	Director	Current

Organization	Position	Status
Papetti	Treasurer, Dave Johnson, President and CEO	Current
Papetti	Board of Directors	Current
Papetti	Corporate Communications Executive	Former

Organization	Position	Status
Papetti	Executive Vice President and Chief Financial Officer	Current
Papetti	Vice Chairman	Current

Organization	Position	Status
Papetti	Cfo	Current
Papetti	Senior Vice Presidentfinance	Current

Organization	Position	Status
Papetti	Senior Vice Presidentsupply Chain	Current

Thomas J. Jagiela is our Senior Vice President Operations and Supply Chain, a position held since his hiring in March 2008. From 2005-2008 he was Executive Vice President and Chief Operating Officer of Nellson Nutraceutical, Inc. a food co-packer. Previously Mr. Jagiela held various manufacturing-related positions at Pillsbury, Inc. and General Mills, Inc.

Organization	Position	Status
Papetti	Senior Vice President Operations and Supply Chain	Current

Organization	Position	Status
Papetti	Vice President of Operations	Current

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

Carolyn V. Wolski is our General Counsel and Secretary. Ms. Wolski joined the Company as general counsel in October 2008. Prior to joining us she was a shareholder in the Minneapolis law firm of Leonard, Street and Deinard, LLP. She was with that law firm since 1988.

Organization	Position	Status
Papetti	Board of Directors	Current

Organization	Position	Status
M.A. Gedney Company	Chief Executive Officer	Current
M.A. Gedney Company	President	Current
Papetti	Board of Directors	Current
M.A. Gedney Company	Director	Current
CEO Advisors	Chief Executive Officer	Former
CEO Advisors	Founder	Former

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
Papetti	Board of Directors	Current

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

Todd M. Abbrecht has been a director of Michael Foods since November 2003 following the consummation of the Merger. Mr. Abbrecht is a Managing Director of Thomas H. Lee Partners, L.P., where he has been employed since 1992. Prior to Thomas H. Lee Partners, L.P., Mr. Abbrecht held a position in the mergers and acquisitions department of Credit Suisse First Boston. Mr. Abbrecht is a director of Simmons Bedding Company, a bedding products manufacturer and distributor, and Warner Chilcott Corporation, a specialty pharmaceutical company.