Dive Brief:
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Farmer-owned dairy cooperative Tillamook County Creamery Association named Peggy Han its new executive vice president and CFO in a Wednesday LinkedIn post.
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Han joins the Oregon-based certified B-corporation from supplement and vitamin retailer Vitamin World USA, where she had been CEO since September 2020, and CFO for a year prior.
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Before that, Han headed FP&A at Roche Molecular Diagnostics, an arm of biopharmaceutical company F. Hoffman-La Roche.
Dive Insight:
Han began her career as an analyst at Hewlett-Packard, before moving to Safeway, where she spent more than 16 years in financial leadership roles, most recently as finance head for Safeway's Consumer Brands business.
Tillamook represents a departure from her previous fields. Based out of Tillamook, Oregon, the company is a dairy farmer co-operative, and as of November 2020, a certified B Corp: a for-profit company building a “more inclusive and sustainable economy.”
To obtain a B Corporation certification, a company must meet “the highest standards of social and environmental performance, transparency and accountability,” which is measured by a company’s performance in five categories: governance, workers, customers, community and the environment.
As a cooperative, Tillamook is composed of about 80 farmer-owners, it said on its website.
As CFO, Han will manage all aspects of Tillamook’s controllership, FP&A, tax and treasury.
“We are committed to being a company of good financial stewards and visionary leaders and that starts with the exceptional talent of our people, like Peggy,” Tillamook president and CEO Patrick Criteser told Food Business News. “We welcome her impressive depth of experience and know that she will be instrumental in the continued success of our co-op.”
Representatives for Tillamook and Han did not immediately respond to requests for comment.