Westbrook, ME – March 2, 2018
Schlotterbeck & Foss, a leading manufacturer of premium, private label and branded sauces, condiments, dressings and dessert sauces, announced Roy Lubetkin as President & CEO effective February 28, 2018.
Roy is a seasoned food executive with over 30 years of experience driving sales, marketing and operational efficiency in the food and consumer sectors. Prior to joining Schlotterbeck & Foss, Roy was CEO of Lightlife Foods, Inc. for 4 years. While at Lightlife, he drove double digit top and bottom line growth resulting in a successful sale to a strategic buyer.
According to Paul Dioli, former CEO and Schlotterbeck & Foss board member, “Roy Lubetkin will do an outstanding job in leading the company as we enter our next chapter. Roy has a unique ability to bring teams together and drive strong results. His track record of success combined with his food industry background knowledge make him an ideal fit.”
“It is a distinct privilege and honor to lead the Schlotterbeck & Foss team into our next phase of growth and prosperity. I’m inspired by all of our employees and their sincere commitment to serving our customers and delighting consumers with the highest quality specialty foods” said President & CEO Roy Lubetkin. Roy’s past ventures and experiences combined with the Schlotterbeck & Foss mission to deliver highly differentiated, innovative products will provide a bright future for the company.
“We are thrilled to add Roy Lubetkin to the Schlotterbeck & Foss leadership team. Roy’s food industry experience and track record enable him to build on the momentum established under Paul Dioli’s leadership. We are confident he will drive continued growth and success for customers and employees,” said Betsy Williamson, Principal at Frontenac.
About Schlotterbeck & Foss
Headquartered in Westbrook, ME, Schlotterbeck & Foss is a market leading innovator, developer and manufacturer of premium private label salsas, sauces, condiments and spreads. Schlotterbeck & Foss was founded in 1866 as a prescription apothecary shop and moved on to develop patented medicines and flavoring extracts. Since 2000, the company has emerged as a leading producer of premium private label products. Signature products typically have vibrant colors, distinctive flavors and whole pieces of fruits or vegetables. This distinction is a result of Schlotterbeck & Foss’s unique, small batch manufacturing processes. The Company manufactures these specialty food products with natural, non-GMO and organic ingredients in its new, SQF-certified facility. For more information, please visit: www.schlotterbeck-foss.com.
Frontenac is a leading private equity firm, based in Chicago. The firm focuses on investing in lower middle market buyout transactions in the food, industrial, and services industries. Frontenac works in partnership with proven operating leaders, through our executive-centric approach called CEO1ST, to identify, acquire, and build market leading companies through transformational acquisitions and operational excellence. The firm has built a leading franchise working with over 225 owners of mid-sized businesses, almost always families or founders, as they address complex transition issues of liquidity, management enhancement, and growth planning. For more information, please visit www.frontenac.com.