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Schreiber Foods names Trevor Farrell as future president & CEO

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Who is Trevor Farrell?

Farrell joined Schreiber Foods in 2005 and has steadily risen through the ranks, holding several key operational and financial positions across the company’s global footprint. Most recently, he was President of Schreiber’s North American business, where he oversaw the manufacturing of dairy ingredients for more than 1,000 customers worldwide, ranging from premium cheese producers to large food‑service operators. Under Farrell’s stewardship, North America saw a 12 percent increase in sales volume, driven by investments in process‑innovation and sustainability initiatives.

Farrell brings a robust background in supply‑chain management and has been instrumental in expanding the company’s production capacity in South Dakota, Iowa, and Michigan. He earned a bachelor’s degree in business administration from the University of Wisconsin–Madison and an MBA from the University of Michigan’s Ross School of Business. “Trevor is a proven leader who understands the intricacies of dairy processing and the importance of building lasting relationships with our customers,” said Schreiber’s Chief Operating Officer, Linda McCarthy, in a statement released alongside the announcement.

Ron Dunford’s Legacy

Ron Dunford took the helm in 1996, steering Schreiber through a period of remarkable growth that saw the company transition from a regional dairy‑ingredient producer into a global platform with operations in North America, Europe, South America, and Asia. Under Dunford’s guidance, the firm acquired several specialty ingredient units, introduced innovative technology platforms such as its “Microbial Enzyme Production” plant in Germany, and launched the Schreiber Foods Institute to support dairy‑innovation research.

Dunford, a lifelong Green Bay resident, has been praised for his commitment to employee development and community engagement. He has overseen a 300 percent increase in the company’s workforce, now totaling more than 8,500 employees worldwide. “Ron’s leadership has built a culture of excellence and innovation,” said Schreiber’s Chairman, John G. McDonald. “We are grateful for his dedication and are excited to carry forward his vision under Trevor’s direction.”

The Succession Plan and Strategic Vision

The transition is part of a formal succession plan announced in 2023. The board determined that Farrell’s deep operational knowledge, combined with his experience in international expansion, makes him the natural successor. He has already begun collaborating with Schreiber’s senior management to assess upcoming market trends, including the growing demand for plant‑based dairy alternatives and the need for increased supply‑chain resilience.

In a joint press release issued by Schreiber Foods, the company highlighted three strategic pillars that will guide its future growth: 1) product innovation focused on health and sustainability; 2) digital transformation of manufacturing processes; and 3) expansion into emerging markets such as Southeast Asia and Africa. Farrell emphasized the importance of leveraging Schreiber’s existing global network to accelerate these initiatives: “We are in a unique position to provide innovative dairy solutions worldwide. Our next step is to harness technology and sustainability to deliver value to our customers and shareholders.”

Market Reactions and Shareholder Outlook

Schreiber’s stock, listed on the New York Stock Exchange under the ticker “SCHL,” reacted positively to the announcement, rising 1.8 percent in early trading on Monday. Investor relations noted that the company will maintain its 2025 financial guidance, with a projected revenue of $2.4 billion and an EBITDA margin of 19.5 percent. The board’s decision to keep Dunford on the advisory board is seen as a stabilizing factor, ensuring continuity during the transition.

Analysts at Morgan Stanley and Wedbush have raised the company’s 2025 target price by 5 percent, citing Farrell’s operational expertise and the strategic focus on digital transformation. “A seasoned insider taking the helm provides a low‑risk path to continued growth,” remarked Jim Hall, a senior equity research analyst at Morgan Stanley.

Community Impact

Schreiber Foods is a pillar of the Green Bay economy, employing approximately 1,500 people locally and contributing over $500 million annually in wages and taxes. The company’s leadership transition was met with enthusiasm in the region, with local officials acknowledging Schreiber’s role in fostering innovation and job creation. Green Bay Mayor Patty Kessel stated, “Schreiber has been a cornerstone of our city’s industrial strength, and we look forward to continuing this partnership with Trevor’s leadership.”

Next Steps

Farrell will officially assume his new role on January 1, 2025. The company plans a series of town‑hall meetings and investor calls to outline its priorities for the next fiscal year. A formal “Welcome to the Schreiber Family” event is slated for the second quarter, where shareholders will have the opportunity to meet the new CEO and discuss the company’s strategic roadmap.

In conclusion, Schreiber Foods’ transition to Trevor Farrell as President and CEO represents a blend of continuity and innovation. The company’s deep-rooted operational excellence, combined with a forward-looking vision for sustainability and digitalization, positions it well to navigate the evolving global dairy‑ingredients market. The Green Bay community, its employees, and shareholders alike will be watching closely as Schreiber continues to set industry standards in both product quality and corporate stewardship.


Read the Full Fox 11 News Article at:
[ https://fox11online.com/news/business/schreiber-foods-names-trevor-farrell-as-future-president-ceo-green-bay-business-chief-executive-officer-ron-dunford ]