by –News Direct–
Siegel Egg Co. (Siegel or the Company), a Rotunda Capital Partners portfolio company, has named Ted Lentz to the Board of Directors. Lentz comes to Siegel with decades of experience in the bakery ingredients and supplies industry. As president, Lentz ran Lentz Milling for over 13 years, until its sale to JM Swank. Lentz Milling, based in Reading, Pennsylvania, provides food ingredient distribution services to food manufacturers, commercial bakeries, retail bakeries, and other customers throughout 10 states in the Mid-Atlantic and Northeast regions.
After the sale, Lentz continued as chief financial officer at JM Swank until its sale to Brenntag in 2021. Under Brenntags ownership, Lentz continued as chief analytics officer and was a member of the integration management office until leaving the position at the end of 2021.
Matt Whitney, chief executive officer at Siegel, said, "I am thrilled to welcome Ted to our board. Teds intimate knowledge of the bakery ingredients space will be invaluable to our management team as we continue to provide the highest quality products and exceptional service to our customers. Siegel is in growth-mode, and were undertaking several strategic initiatives to further expand our offerings and enhance service levels. Teds experience will be instrumental as we execute our growth plan.
Lentz added, "Siegels reputation in the bakery ingredients space is as good as it gets. For almost 100 years, they have been the Northeasts leading bakery ingredient supplier. The management team has invested heavily in technology and personnel to exceed customer expectations and Im excited to be part of this next phase of growth."
About Siegel Egg Co.
Founded in 1924, Siegel is one of New Englands leading distributors of egg, dairy and bakery ingredients primarily serving commercial bakeries and food service institutions. The Company operates out of a single facility in Billerica, Mass., to distribute over 2,300 SKUs to customers in New England, Connecticut and New York. For more information, visit www.siegelegg.com.
About Rotunda Capital Partners
Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, business and residential services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.
Contact Details
Siegel Egg Co.
Mike Mistrot
+1 978-528-2000
Company Website
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Siegel Egg Co.
COMTEX_442174274/2655/2023-10-20T09:25:57
Julian Lopez is professor emeritus of finance, served as the founding academic affairs dean and founding chair of the finance department.
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