Bob Evans Farms Inc. has hired Paul F. DeSantis to serve as chief financial officer, the company said Tuesday.
DeSantis starts his new role March 7, replacing interim CFO Richard Green, who has filled the post since Tod Spornhauer stepped down at the end of 2010. Green will remain with the company as chief risk and compliance officer.
DeSantis most recently was CFO and treasurer of Akron, Ohio-based plastics company A. Schulman Inc., and has served in executive positions with Scotts Miracle-Gro and The Kellogg Co.
“We are thrilled to have someone with Paul’s wealth of financial expertise join Bob Evans Farms,” said Steve Davis, the company’s chairman and chief executive. “His experience in financial reporting, strategic planning, treasury, tax and compliance, among others, will make him an essential component of our executive staff.”
The company will release its third-quarter earnings Feb. 15. In the second quarter of fiscal 2011, Bob Evans reported net income of $7.8 million, compared with year-earlier net income of $15.5 million. Revenue fell 1.8 percent to $417 million compared with a year earlier, reflecting a 2.2-percent decline in blended same-store sales for its Bob Evans and Mimi’s Café chains.
Columbus, Ohio-based Bob Evans Farms operates or franchises 569 namesake family-dining restaurants in 18 states and 145 Mimi’s Café casual-dining units in 24 states.
Contact Mark Brandau at [email protected].
