TruFood Manufacturing, a leading U.S. contract manufacturer specializing in better-for-you nutrition bars, chocolate and baked granola, announces the appointment of food and beverage industry veteran Michael Buick as its new CEO.
PITTSBURGH, Oct. 27, 2023 /PRNewswire-PRWeb/ -- TruFood Manufacturing, a leading U.S. contract manufacturer specializing in better-for-you nutrition bars, chocolate and baked granola, and a Mubadala Capital portfolio company, today announced the appointment of Michael Buick as its new CEO on Wednesday, October 25.
Mr. Buick brings with him over 20 years of experience as a senior leader in the food and beverage industry. Most recently, he served as Senior Vice President and General Manager of the Plant-Based Food and Beverage Business Unit at SunOpta.
Commenting on the appointment, Ted Schouten, Chairman of the Board of TruFood, said: "The experience that Mike Buick brings to TruFood will advance the company's strategic direction as a leader and innovator in the industry. We are truly excited to bring someone of Mike's caliber into the business at a time when TruFood's manufacturing advantages and partnership-oriented approach have the ability to differentiate in the market."
Buick's vast expertise, which spans private equity, customer-acquisition strategies and business integration, equips him with the tools necessary to lead TruFood into the future.
Adnan Azam, Executive Director at Mubadala Capital, added: "We are thrilled to welcome Michael Buick to the TruFood family. With a proven track record of exemplary leadership and a dedication to excellence, he is poised to steer the company towards a future defined by innovation, growth and an unwavering commitment to our customers."
About TruFood Manufacturing
TruFood Manufacturing is a leading contract manufacturer of branded and private-label nutrition bars, protein bars, chocolate moulded products and baked goods. These products are sold at club, grocery, drug, convenience and department stores worldwide. TruFood has a large presence on the East Coast with over 400,000 sq. ft. of state-of-the-art manufacturing facilities and continues to grow through its strong reputation for manufacturing high-quality snack products for its marquee customer base.
About Mubadala Capital
Mubadala Capital is the wholly owned asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi, UAE. Mubadala Capital manages c. $20 billion in aggregate across its own balance sheet investments and in third-party capital vehicles on behalf of institutional investors, including four flagship private equity funds, three early-stage venture funds, two funds in Brazil focused on special opportunities and a highly diversified evergreen investment strategy focused on private market opportunities.
Mubadala Capital has offices in New York, San Francisco, London, Rio de Janeiro, and Abu Dhabi.
Media Contact
Jamie Damico, TruFood Manufacturing, 1 412.963.2330, [email protected], trufoodmfg.com
Maggie Medoff, WordWrite Communications, 1 443.878.8679, [email protected], wordwriteagency.com
SOURCE TruFood Manufacturing
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