USA – Del Monte Foods has announced the appointment of Abhinav Kapoor as its new Chief Executive Officer (CEO) effective immediately.

This strategic move aims to strengthen the company’s growth and solidify its position in the Indian Fast-Moving Consumer Goods (FMCG) market.

Abhinav Kapoor steps into his new role with extensive experience in sales and distribution within the FMCG sector.

Harjeet Kohli, joint managing director of Bharti Enterprises, expressed confidence in Kapoor’s ability to scale operations in both the B2B and B2C spaces.

Kohli stated, “On behalf of the entire board of Del Monte Foods, I welcome Abhinav to the organization. We are confident that he will successfully scale up operations in India, building on the strong organic growth across categories and will bring about transformational initiatives towards allied product portfolios.”

Kapoor’s appointment is a clear indication of Del Monte Foods’ commitment to bolstering its leadership team and enhancing operational capabilities.

With over two decades of experience in the FMCG sector, Kapoor’s role will involve consolidating Del Monte’s product portfolio and streamlining the distribution network to ensure seamless delivery of high-quality products to customers.

He previously held the position of Vice President of Sales at VIP Industries and was responsible for Profit & Loss (P&L) Management, multiple sales channels, and sales IT. His career also includes key roles at Cavinkare, Britannia Industries, Mondelez, and Marico.

Del Monte Foods aims to leverage Kapoor’s extensive experience to deliver sustainable growth and profitability.

His educational background includes an MBA from Symbiosis Institute of Business Management, Pune, and a Bachelor’s degree in Commerce from Symbiosis College for Arts & Commerce.

Sustainability and Innovation at Del Monte Foods

In addition to leadership changes, Del Monte Foods has been making strides in sustainability and innovation.

The company’s 2023 Environmental, Social, and Governance (ESG) Report highlights their commitment to sustainability from farm to pantry.

Del Monte Foods’ approach to sourcing and packaging food emphasizes increasing sustainability and promoting recycle-ready packaging. This focus not only benefits the planet but also the people and communities in which the company operates.

Del Monte Foods’ commitment to quality and sustainability has not gone unnoticed. In 2024, the company received the Product of the Year Award in two categories, reflecting the positive reception of their products in the market.

Del Monte Foods continues to expand its product offerings and market reach. The company has recently expanded the production and distribution of its JOYBA Bubble Tea nationwide. This move signifies an increased focus on diversifying product offerings to meet consumer demand.

However, the company has faced some challenges. Del Monte Foods recently announced the closure of plants in Toppenish, Washington, and Markesan, Wisconsin.

This decision aligns operational capacity with current consumer demand, ensuring that the company remains agile and responsive to market changes.

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