Natural Products  December 6, 2023

Sovos Brands promotes chief growth officer Hermida to president

LOUISVILLE — Food-umbrella company Sovos Brands Inc. (Nasdaq: SOVO) recently elevated its chief growth officer E. Yuri Hermida to the role of president. 

The move comes as Sovos prepares to be absorbed by soup giant Campbell Soup Co. (NYSE: CPB).E

Louisville-based Sovos, which moved to Colorado from California several years ago and controls Rao’s pasta sauce, Noosa Yoghurt and Michael Angelo’s frozen entrées, expects a $2.7 billion acquisition by Campbell’s to close in mid-2024, but regulators are taking a close look at the deal. 

SPONSORED CONTENT

5 ways to boost your business with solar

Namaste Solar has helped businesses from all different industries and verticals invest in on-site solar. Whether you are a top public university, outdoor gear retailer, or local dog toy manufacturer, most property owners can benefit from solar in these five ways.

“Over the past year, Yuri has proven to be an invaluable asset in executing the Sovos Brands enterprise-wide growth strategy,” Sovos CEO Todd Lachman said in a prepared statement. “Yuri’s dedication and collaborative approach is pivotal to our success, and I look forward to continuing to partner with him to drive our strategic plan and further our momentum in 2024.”

Sign up for BizWest Daily Alerts

Related Content