John B. Sanfilippo & Son begins CEO transition

The brand's current president and COO will step into the role.

Snack nuts producer John B. Sanfilippo & Son, Inc. announced a CEO and leadership succession plan aimed at ensuring a seamless leadership transition and the continued execution of its strategic plan. Jeffrey T. Sanfilippo, chairman of the board of directors and CEO, will transition to the role of executive chairman, effective October 1.

In this capacity, Sanfilippo will continue to lead the board of directors and work closely with the executive team to support the company’s strategic direction and long-term growth initiatives. The board of directors has appointed Jasper B. Sanfilippo Jr., currently president and COO, as CEO, effective October 1.

Additionally, Frank S. Pellegrino, currently EVP and CFO, has been promoted to president and CFO, effective October 1, expanding his leadership and operational responsibilities across the company’s business.

“Today’s announcement reflects a thoughtful and deliberate succession planning process,” says Jeffrey T. Sanfilippo. “Jasper is an exceptional leader with deep operational expertise, has a strong strategic mindset, and a proven track record of execution. It has been a privilege to serve as CEO, and I am excited that Jasper has this opportunity to lead our Company. I look forward to supporting Jasper in his transition from COO to CEO and I have full confidence in his ability to lead us into our next phase of success and growth.”

Jeffrey T. Sanfilippo adds, “I am equally excited about Frank’s promotion to president. Frank has been with JBSS for nearly 20 years and is a critical partner in supporting our financial discipline, guiding our strategic direction and the execution of our strategic priorities. His expanded role as president will further strengthen the alignment between our financial and operational priorities.”

Jasper B. Sanfilippo Jr. says, “It is an honor to succeed Jeffrey as CEO and continue the family legacy of running the company and to build on the strong foundation Jeffrey has established. JBSS has a talented leadership team and a clear strategy, and I look forward to working with Frank and the entire organization to continue delivering value for our stockholders, customers, and employees.”

Pellegrino comments, “It is a tremendous honor to be named president of JBSS, and I deeply appreciate the trust and confidence that the Board has placed in me. I am excited to take on this expanded role and continue partnering with Jasper and our leadership team to execute on our strategic priorities and drive sustainable growth.”