Former Reebok executive John Frascotti was elected as executive chairman of the Newman’s Own Board of Directors, effective April 7. The move comes as Newman’s Own made several changes to its Board of directors.
Ellen Marram, the non-executive chair of the company’s Board of Directors, will serve as vice chair and lead independent director. The Board elected Allan Tanenbaum as a new member.
“As we continue to position the Newman’s Own brand for continued growth and impact, we are delighted to welcome John Frascotti and Allan Tanenbaum,” offered Marram. “John’s very successful record in strategic leadership, transformation and growth as president and chief operating officer at Hasbro and as a senior executive at Reebok, as well as Allan’s brand-building experience as a director of several food businesses and non-profits, will be invaluable.”
Frascotti is an experienced C-suite executive and Board member with a track record of successfully leading publicly held, consumer-focused global companies and serving on public and private boards, including including The Children’s Place (PLCE) and Corus Entertainment (CJR-B.TO).
Most recently, he served as Hasbro, Inc.’s president, COO, and member of its Board of Directors. Before Hasbro, Frascotti led multiple high-growth business units at Reebok International, Ltd., including Reebok’s sports footwear and apparel division, acquisitions, global sports marketing, and licensing. Frascotti also serves on the Board of Directors of Dephy, Inc. and Fabrizia Spirits and is an Operating Adviser at Relentless Consumer Partners.
Images courtesy Newman’s Own, LinkedIn
