Ray Richard will be joining Stratas Foods LLC as senior vice president of risk management and procurement.
Richard is joining Stratas from Ventura Foods LLC in Brea, Calif., where he was senior vice president of commodity operations.
He also serves as an advisory board member to the Institute of Shortening and Edible Oils and as second vice president of the National Institute of Oilseed Products.
“We are very pleased to have Ray join our executive team. His industry knowledge and experience will enhance the team we currently have and allow us to build on the strengths of Stratas,” said Tedd Kruse, Stratas CEO, in a press release. “We look forward to our future success as Ray becomes part of the team.”
Richard and his family will relocate to the Memphis, Tenn., for his position.
Stratas Foods LLC is a joint venture of Archer Daniels Midland Co. and ACH Food Cos. Inc., which is a subsidiary of Associated British Foods. From production facilities across North America, Stratas serves companies in the foodservice, food manufacturing and retail channels.
WanaArtha Life Launches eBaoTech LifeSystem to Manage the Investment-Linked Business
Advisor News
- Why aligning wealth and protection strategies will define 2026 planning
- Finseca and IAQFP announce merger
- More than half of recent retirees regret how they saved
- Tech group seeks additional context addressing AI risks in CSF 2.0 draft profile connecting frameworks
- How to discuss higher deductibles without losing client trust
More Advisor NewsAnnuity News
- Allianz Life Launches Fixed Index Annuity Content on Interactive Tool
- Great-West Life & Annuity Insurance Company Trademark Application for “SMART WEIGHTING” Filed: Great-West Life & Annuity Insurance Company
- Somerset Re Appoints New Chief Financial Officer and Chief Legal Officer as Firm Builds on Record-Setting Year
- Indexing the industry for IULs and annuities
- United Heritage Life Insurance Company goes live on Equisoft’s cloud-based policy administration system
More Annuity NewsHealth/Employee Benefits News
- NFIB NEW MEXICO CHAMPIONS SMALL BUSINESS REFORMS TO ADDRESS RISING HEALTH INSURANCE COSTS
- Restoring a Health Care System that Puts Patients First
- Findings from University of Nevada Yields New Data on Opioids (Aca Dependent Coverage Extension and Young Adults’ Substance-associated Ed Visits): Opioids
- Recent Studies from University of Tennessee Add New Data to COVID-19 (Uncovering Gaps in Childhood Vaccine Coverage: A Post-COVID-19 Analysis of Vaccine Disparities in Tennessee): Coronavirus – COVID-19
- AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries
More Health/Employee Benefits NewsLife Insurance News