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New CEO at Butterball
Butterball has named Kerry Doughty as the company's president and CEO.
"Butterball will benefit from Kerry's leadership, vision and passion for customers and associates as he steps into his new role as president and CEO," said Walter Pelletier, president of Maxwell Farms, which shares equal ownership of Butterball with Seaboard Corporation. "Butterball has a strong legacy of providing quality, great tasting products that families enjoy every day, and Kerry is committed to that tradition."
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Ingles Markets has solid Q2
Asheville, N.C. – Ingles Markets reported a large increase in net income and smaller increase in net sales during the second quarter of fiscal 2014 as compared to the same period in the previous fiscal year. Net income soared 29.2% to $105 million from $8.1 million, while net sales grew 2.9% to $947.8 million from $920.7 million.