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Diamond Foods Names New Executive Vice President of Global Operations and Supply Chain

GlobeNewswire

SAN FRANCISCO, Dec. 3, 2012 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq:DMND) announced that effective today, David J. Colo has been appointed to the newly created position of Executive Vice President, Global Operations and Supply Chain.

Mr. Colo brings more than twenty-five years of operations and supply chain experience to Diamond Foods. He spent seven years with ConAgra Foods in a variety of senior roles including manufacturing, operations and food ingredients general management in the Consumer and Commercial Products Divisions. Prior to joining ConAgra Foods, Mr. Colo spent 16 years with Nestle-Purina where he held several roles with increasing responsibilities in supply chain, production, plant management, quality assurance, operations planning and general management. Mr. Colo holds a B.S. in Agribusiness Economics from Southern Illinois University.

In this role, Mr. Colo will have responsibility for global manufacturing, procurement and supply chain and report to Brian J. Driscoll, Diamond Foods' President and CEO. "Dave's deep manufacturing and supply chain experience will be invaluable to us as we seek to identify cost savings opportunities in procurement, operations and logistics and implement plans to drive organizational effectiveness throughout all of our operations," said Mr. Driscoll

About Diamond

Diamond Foods is an innovative packaged food company focused on building and energizing brands including Kettle® Chips, Emerald® snack nuts, Pop Secret® popcorn, and Diamond of California® nuts. Diamond's products are distributed in a wide range of stores where snacks and culinary nuts are sold. For more information visit our corporate web site: www.diamondfoods.com.

The Diamond Foods, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6112

Forward-Looking Statements

This press release includes forward-looking statements, including statements about identifying cost reduction opportunities and operational effectiveness in the Company's production facilities and supply chain operations. Actual results may differ materially from what we currently expect as a result of many risks and uncertainties. Risk factors affecting our business and prospects are described under the "Risk Factors" section of the periodic reports that we file with the SEC.  All forward-looking statements included in this press release are made as of the date of this press release, based on information currently available to Diamond's management, and we assume no obligation to update any such forward-looking statements.

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CONTACT: Investors:
         Diamond FoodsLinda Segre
         SVP, Corporate Strategy
         (415) 230-7952
         lsegre@diamondfoods.com

         Media:
         Sard Verbinnen & Co
         Paul Kranhold/Lucy Neugart
         (415) 618-8750
         pkranhold@sardverb.comlneugart@sardverb.com

Company Logo Source: Diamond Foods, Inc.

Copyright:2012 GlobeNewswire, Inc.
Wordcount:387



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