Kellogg names private equity exec to board
The newest member of the board at Kellogg runs a private equity firm on the East Coast.
Kellogg Co. said last month that it has added G. Zachary Gund, a managing partner with Coppermine Capital in Concord, Mass., to its board.
The board consists of 13 members.
“Zack brings broad commercial and operational experience from across multiple industries,” said John Bryant, chairman and CEO, Kellogg. “The board and our company will benefit greatly from his business and financial acumen, and his election will help us transition and prepare for future director retirements.”
Private equity range
Gund oversees several portfolio companies across various sectors at Coppermine Capital.
His work has spanned both the manufacturing and service industries, including food manufacturing.
Gund is chairman of Coppermine Bakery Holdings, a supplier of baked goods, CC/CPG Hold Co., owner of health care services firms, and Swan Dyeing and Printing, which services the indoor/outdoor furniture textile market.
He also serves as a board member at Agile Magnetics, a manufacturer of custom transformers and inductors.
His previous experience includes business development for Ucentric Systems, a home networking company later acquired by Motorola.
Kellogg is the world's leading cereal company and the second-largest producer of cookies, crackers and savory snacks.
The company’s 2013 sales totaled $14.8 billion.