[16][17] Mr. and Mrs. William J. Bolthouse sold their interest in Wm. Austin and his wife, Hailey, have one daughter and one son. In addition, he spent 12 years with Bolthouse Farms in the Accounting department where he started his career. Founded in 1915 and based in Bakersfield, CA and Santa Monica, CA, Bolthouse Farms is a vertically integrated food and beverage company focused on developing, manufacturing and marketing. Kath graduated from California Polytechnic State University, San Luis Obispo with a degree in Civil Engineering and is licensed as both a Civil Engineer and a Professional Land Surveyor in the California. Bolthouse Farms Honey Mustard4 reviews. ET. " he said. Subscribe to Food Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Pregis Performance Flexibles Facilities Are ISCC PLUS Certified, The Bornk Tuna Sandwich is Back at Erbert & Gerbert's, SimplyV Launches Plant-Based Cream Cheese in the U.S. in Foodservice and Grocery Retail, Green Boy Group opens new office in Chicago led by Thomas Smit, By signing up to receive our newsletter, you agree to our, Webinar A trained civil engineer and proud Cal Poly alumni, Steve worked for over 35 years in land development in Bakersfield. "It was probably just the wrong marriage. Through his intellect, leadership and foresight he was instrumental in shaping who we are today and who we will be well into the future. 1 email found 2 phone numbers found . He declined to comment on his stance on same-sex marriage. Midwest with a reputation for He also has experience teaching coursework in mathematics and chemistry at the undergraduate level. It offers carrots for processors in the Midwest, as well as serves chain stores and supermarkets. | 11 a.m. Dunn said the company plans to roll out the CBD drinks under a new brand name rather than the Bolthouse banner that will help to better define the product, part of a broader "house of brands strategy" for the company. She has over 20 years of administrative, operational, and accounting experience in the investment management industry. Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company specializing in refrigerated beverages. Thank YOU for supporting our dream of building nature retreats in the most beautiful places on Earth! Bolthouse announced last month it would launch 25 new products that will be ready for sale next spring,both brand-new items and line extensions of existing offerings. Though the division accounted for $2.1 billion sales 25 percent of Campbells overall revenue the conglomerate had long struggled to turn around its overall declining sales (down 3 percent in the fourth quarter of 2018) and felt the divisions fresh focus was outside its core competency. Jeff Dunn, Bolthouse's former CEO, is listed as an operating partner at Butterfly. Joe graduated from California Institute of Technology with a Bachelor of Science in Chemistry, from University of California, Berkeley with a Master of Science in Chemistry and University of California, Davis with a Master of Business Administration. The Bolthouse Foundation is a separate entity from Bolthouse Farms, and all funding decisions by The Bolthouse Foundation are made solely by the Bolthouse Foundation. MLive.com, Mar 20, 2010. Online: "Toxic carrot juice paralyzes 2 in Toronto" CBC News, Monday, October 9, 2006. Michelle joined Bolthouse Properties in 2006 and has over 20 years of administrative and operational experience. 100+ Years 100+ Years: More than 100 years later, we've grown all the way to Edit Contacts Section. 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Topics covered: manufacturing, packaging, new products, R&D, and much more. Joe joined the investment management subsidiary of Bolthouse Properties in 2014, bringing expertise in fund manager selection and in fixed income investing. [14], In response, Bolthouse Farms said the people may have failed to properly refrigerate the products. We cant wait to get started.. Something went wrong while submitting the form. Anders is responsible for assisting the team with operations, client reporting, and special projects. Erin began her career with Castle & Cooke in 2005 as a Purchasing Agent in the Land Development Department, before leaving in 2009 to move with her family to Sacramento. Bolthouse Farms, Inc. We know how overwhelming it is to find a unique travel experience that leaves you recharged and inspired. Brad graduated from California Polytechnic State University, San Luis Obispo with a degree in City & Regional Planning. a leading carrot supplier in the Bolthouse Farms is Butterflys most recent investment within its seed We already cant wait to get back! Rebekah Curran joined the investments management subsidiary of Bolthouse Properties in 2022 as an Operations Specialist. The company at the same time added carrot fettucine and riced carrots. Bolthouse went from posting $100 million in annual revenue in 2012, the year it was acquired, to losing money five years later under Campbell Soup. Reached for comment by BevNET, a representative for Butterfly declined to comment further, noting that the transaction has not closed and is still subject to regulatory approvals and price adjustments. Bolthouse Farms has released its food and beverage trends for 2022, which includes dips such as the company's Classic Ranch Dressing. Find company research, competitor information, contact details & financial data for Bolthouse Farms of Bakersfield, CA. choices about how our food is grown. The company Bolthouse Farms has established an Environmental, Social & Governance Hub, which represents a sharpened focus on key issues and will facilitate heightened integration of ESG factors across all parts of the business, positioning the company for rapid growth. The farm was originally a "small muck-soil vegetable farm" until 1938 when William Herman Bolthouse took it over from his parents. They have a great, fresh flavor and are significantly better for you than traditional creamy dressings. Los Angeles-based private equity firm Butterfly signed a definitive agreement today to acquire Bolthouse Farms from Campbell Soup Company for $510 million in cash roughly $1 billion less than what the soup conglomerate paid when it acquired the 104-year-old food and beverage brand in 2012. Shaun graduated from California State University, Bakersfield with a Bachelor of Science in Business Administration with a concentration in Marketing. Bolt Farm Treehouse, you are, per usual, magic.. private equity firm specializing in the food sector, spanning the entire The products were launched to appeal to consumers' who want more plant-based foods. Dunn said Campbell Soup moved too slowly in its decision making with Bolthouse, and in trying to minimize risk,ended up stifling innovation at the fresh-focused brand. Upon moving to Bakersfield in 1990, she began working for Lightspeed Systems and Lightspeed Net, assisting in the accounting department. She is responsible for project budgets and contract administration. Give it a try! The company operates facilities in Prosser, Washington. replenish organic matter and nurture the roots. At the same time the company has been working to sell off Bolthouse Farms, it is in talks to sell its international business which includes Arnotts and Kelsen biscuit brands. his departure from the company in 2016. Overtime. BAKERSFIELD, Calif., March 08, 2022 (GLOBE NEWSWIRE) In order to strengthen its Environmental, Social and Governance (ESG) commitment, and enable progress in building a better, more sustainable world, Bolthouse Farms BB #:111358 today announced that it has established an ESG Hub. (NYSE:CPB) for $510 million in cash, subject to customary purchase price Dunn previously served as president and CEO of the brand from 2008 until 2012 when it was purchased by Campbell for $1.55 billion. [8] The campaign mimicked tactics typically employed by snack food marketers, including snack-food-like packaging; futuristic, sexual, and extreme sports-themed TV commercials; carrot vending machines in schools; and an iPhone game and website. Steven joined Bolthouse Properties in 2016, bringing over 20 years of experience in accounting and finance. He fought and survived much longer than most diagnosed with pancreatic cancer so that he could have as much time as possible with his loved ones. His responsibilities include planning and oversight of enhancement and improvement activities. Kath previously worked for over four years as Director of Engineering at Castle & Cooke, where she coordinated with civil, surveying and planning consultants for the design, development and construction of both residential and commercial projects. Perfect for friends & families. Those familiar with the deal say it could be finalized as soon as this week. Bolthouse Farms Inc. Madison Dearborn Partners will begin buying out Bolthouse shareholders who want to exit. Butterfly Equity, where Dunn was an operating partner,won an auction to buy the 105-year old business back for $510 million earlier this year. Bolthouse Farms Amazing Mango Fruit Smoothie, 15.2 oz. "It's hard for a single brand to carry all the spaces we're talking about.". focused on developing, manufacturing and marketing proprietary, high Today we begin the next chapter in Bolthouse Farms' long and When Campbell Soup announced it would divest its fresh foods divisionin 2018, it quickly piqued the attention of a food executive who was more than familiar with one of its key brands. Bolthouse Farms 1915 Organic Smoothie w/ Pear, Coconut Water, Mango, Spinach, Banana & Lime. Julie began her law career in 1972 at a law firm in her hometown of Delano, California. Dunn continued to run Campbell Soup's fresh unit, which grew to include hummus, dips and tortilla maker Garden Fresh Gourmet. Bolthouse Farms is a vertically integrated food and beverage company Kari has worked for Bolthouse Properties and its investment management subsidiary since 2005. She is responsible for civil site design, project management and inspection of improvement projects. Butterfly seems to be getting the business for a good deal too, since it is buying the brand a much lower price that what Dunn sold it for years ago. Our process is designed to make use of the whole carrot. Marion and her husband, Chris, are the parents of three daughters and one son, and they have four grandchildren. 12 fl oz. Shaun began his career as a golf course accountant at Castle & Cooke, where he handled billing and financial reporting for three separate golf courses. Topics covered: R&D, flavor trends, health & nutrition, scientific discoveries, new ingredients, and much more. Bolthouse Farms, he became President of Bolthouse Properties. country, said Butterfly Co-Founder Adam Waglay. 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Bruce has 30 years of experience in the development and construction industry experience, which began with an emphasis in homebuilding within master-planned communities in California. Sandra and her husband, Mark, are the parents of three sons and one daughter. Guided by its vision of "Plants Powering People,". Dan is a member of the Board of Directors for Bakersfield Memorial Hospital and Houchin Community Blood Bank. 57 jobs. Bruce and his wife, Nayree, have two adult sons. Bolthouse Farms, Inc. The additional cash flow from the sale will also allow the soup mogul to pay down a good portion of the debt it took on to purchase the snack company. [9], In 2020, Bolthouse Farms first cured and sold carrots to be grilled as carrot hot dogs. Add to cart. Brad joined Bolthouse Properties in 2014, bringing experience in regional and urban planning to the company. Brian is a Certified Public Accountant (CPA) and a Certified Management Accountant (CMA). 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