Industry News

Flowers Foods names Craig S. Parr senior vice president of finance, chief risk officer

October 1, 2012
/ Print / Reprints /
ShareMore
/ Text Size+

Flowers Foods, Thomasville, Ga., has appointed Craig S. Parr to the newly created position of senior vice president of finance and chief risk officer. Parr comes to Flowers from The Andersons Inc., where he served as vice president of risk management and food ingredient supply.

Parr will report to R. Steve Kinsey, executive vice president and chief financial officer. His initial focus will be on commodity hedging and purchasing strategies. Flowers’ purchasing staff will remain intact, reporting to Parr.

“Volatility in the commodities markets in recent years has caused us to focus even more carefully on our hedging and forward buying strategies for ingredients and other goods, and we are continually looking for ways to further improve our practices,” says Kinsey. “Bringing on someone with Craig’s depth of experience and proven track record with a highly respected commodities-based firm will help us even better manage our purchasing and hedging strategies and risk areas. Craig has shown that he can drive profitability, strengthen financial operations, reduce risk and develop sound strategies, and we are very pleased that he’s joining our team.”

Parr has been an active member of national risk management committees and has spoken frequently about commodity purchasing and risk topics at industry events. He also serves on the board of directors at Mobile Meals Inc. and is a committee member at the National Grain & Feed Association and the Snack Food Association.

Did you enjoy this article? Click here to subscribe to Snack Food & Wholesale Bakery Magazine 

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Bakery of the Year: Capistrano's Wholesale Bakery, Phoenix AZ

Here’s a look at Capistrano’s Bakery, our 2014 Bakery of the Year.

11/7/13 2:00 pm EST

Food Plant of the Future: The Future of Wastewater Management

Available On-Demand Effective management of wastewater is becoming increasingly critical to food and beverage processors as the cost for incoming water increases...

National Pizza Month

October is National Pizza Month! Where do you go to grab a slice (or two) of your favorite pie?
View Results Poll Archive

THE SNACK AND BAKERY STORE

organic-production-&-food-q.gif
Organic Production and Food Quality: A Down to Earth Analysis

Effects of Organic Production on Food Quality is the first comprehensive book on how organic production methods influence the safety and quality of foods, based on an unbiased assessment of the latest scientific findings.  The title is a 'must-have' for everyone working within the food industry.

More Products

Clear Seas Research

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook IconTwitter IconYoutube IconLinkedIn Icon

The Weekly Mix

Operations Weekly Logo

Written by Snack Food & Wholesale Bakery editors, our Operations Weekly weekly enewsletter provides bakers and snack food manufacturers with up-to-the-minute news, ideas and industry trends.

Sign up today!