Freshpet's CFO Transition and Future Plans Unveiled
Freshpet Announces CFO Transition
Freshpet, Inc. (NASDAQ: FRPT) has officially appointed Ivan Garcia as its Interim Chief Financial Officer (CFO). The announcement marks a significant change in leadership within the company, led by their current Chief Executive Officer, Billy Cyr. Ivan, who has served as Vice President of Finance since 2023, succeeds Todd Cunfer, who is moving on to a new opportunity outside the company.
Leadership Insights
In an official statement, Cyr emphasized that Ivan's deep understanding of Freshpet's business model and financial acumen will ensure a seamless transition. Ivan has been a part of Freshpet for over 11 years, progressing through various roles that reflect his expertise. His experience, particularly in managing significant financial projects, has driven the company forward during critical growth phases.
The Transition Process
As part of a smooth transition, Todd Cunfer will remain with Freshpet until the middle of October. This overlap is intended to provide guidance and support to Ivan as he steps into his new role as Interim CFO. Billy Cyr expressed gratitude for Cunfer’s contributions, highlighting his impact on the company’s success and profitability.
Ivan Garcia's Background
Before his current role, Ivan served as Vice President Corporate Controller at Freshpet. His financial leadership began long before he joined Freshpet, when he worked as an Audit Manager at KPMG US. Holding a degree in Accounting and Business/Management from Montclair State University, he demonstrates a strong foundation in financial strategies.
Future Company Outlook
Alongside the leadership change, Freshpet has reaffirmed its fiscal 2025 guidance. The company plans to report its third-quarter financial results later this year. This strong outlook illustrates Freshpet's commitment to continuing its growth trajectory in the pet food industry. Freshpet's mission is to transform pet feeding through fresh, nutritious ingredients sourced locally.
About Freshpet
Freshpet offers a unique range of products that emphasize sustainable and healthy pet food solutions. Utilizing fresh meats, vegetables, and fruits, their products are made with careful attention to preserving the integrity of ingredients. By cooking food in small batches at lower temperatures, the company retains the essential nutrients that contribute to pet health.
Connect with Freshpet
Freshpet emphasizes transparency and social responsibility throughout its operations. Their products are accessible across a variety of markets, including grocery stores, pet specialty retailers, and online platforms in the U.S., Canada, and Europe. To learn more about their offerings, visit Freshpet's official website.
Frequently Asked Questions
Who is the new CFO of Freshpet?
Ivan Garcia has been appointed as the Interim CFO of Freshpet.
When will Ivan Garcia officially start his role?
Ivan will officially take over as Interim CFO on October 17, 2025.
Why did Todd Cunfer leave Freshpet?
Todd Cunfer has decided to pursue a new opportunity outside of the company while helping with the transition.
What is Freshpet's outlook for 2025?
Freshpet has reaffirmed its financial guidance for fiscal 2025, indicating a positive outlook for ongoing growth.
What mission does Freshpet follow?
Freshpet aims to elevate pet nutrition through fresh, locally sourced food that nourishes pets healthily.
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