ST. LOUIS, Dec. 14 /PRNewswire-FirstCall/ -- Ralcorp Holdings, Inc. today announced that Joe Micheletto will be retiring as vice-chairman of its board of directors, effective January 20, 2010, ending a 46-year career with the company and its predecessor.
Mr. Micheletto joined Ralston Purina Company in 1963, where he held a number of positions of increasing responsibility including vice president and controller from 1985 until 1994. Mr. Micheletto served as Ralcorp's co-chief executive officer and chief financial officer upon the company's spin-off from Ralston Purina in 1994. In 1996, he became chief executive officer and president and served in that role until September 2003. Mr. Micheletto has been a director of Ralcorp since January 1994.
"Joe has played a pivotal role in the company's evolution, and he has served as a mentor to many of us," said Kevin J. Hunt, Ralcorp's co-chief executive officer and president. "His insight, judgment and dedication have been invaluable to the company, its board of directors and its employees. We have a deep appreciation for his many and varied contributions."
"With Joe's leadership, Ralcorp has experienced dramatic growth and tremendous success," said David P. Skarie, the company's co-chief executive officer and president. "We are deeply indebted to Joe for his many years of leadership and service, and we wish him the very best in his retirement."
Ralcorp produces Post branded cereals, a variety of value brand and store brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other foodservice customers. Ralcorp's diversified product mix includes: ready-to-eat and hot cereals; nutritional and cereal bars; snack mixes, corn-based chips and extruded corn snack products; crackers and cookies; snack nuts; chocolate candy; salad dressings; mayonnaise; peanut butter; jams and jellies; syrups; sauces; frozen griddle products including pancakes, waffles, and French toast; frozen biscuits and other frozen pre-baked products such as breads and muffins; and frozen dough for cookies, Danishes, bagels and doughnuts.
Ralcorp Holdings, Inc.
CONTACT: Scott Monette, +1-314-877-7113, or Matt Pudlowski,
+1-314-877-7091, both for Ralcorp Holdings, Inc.
