Dean Foods name Joseph Scalzo President
Dean Foods name Joseph Scalzo President
Less than a year after filling a newly created post of chief operating officer at Dean Foods Co., Joseph Scalzo has been promoted to president, the Dallas-based dairy giant said late Monday.
The promotion continues a rapid rise for Scalzo, 52, who joined Dean in October 2005 as president and chief executive of the company's WhiteWave division.
In his expanded role, Scalzo will oversee Dean Foods' "operational turnaround," the company said, as it drops niche items with weak sales and attempts to boost its name-brand business.
Earlier this month, the nation's largest dairy processor said second-quarter profit fell 30 percent to $44.8 million in the period that ended in June.
Last October, the company promoted Scalzo to COO, making him second in charge to chairman and chief executive Gregg Engles.
Since then, "I have been impressed by his quick and thorough analysis of the business," Engles said in a statement. "Joe has focused on getting us organized around the fewer, bigger initiatives that can extend our low-cost position in a meaningful way."
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