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Armanino Foods of Distinction CEO Tim Anderson Tenders Resignation

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Armanino Foods of Distinction, a Pleasanton, California-headquartered manufacturer and marketer of frozen Italian specialty food products purchased by foodservice, retail and industrial customers, has announced that Timothy W. Anderson will resign as president and chief executive officer and as a director of the company, effective February 17.

Edgar Estonina, who currently serves as the company’s chief operating officer and chief financial officer, will assume, on an interim basis, all of the duties formerly performed by Anderson. He has been with Armanino for almost 20 years, and has previously served in this transitional role prior to Anderson’s tenure with the company.

Chairman Douglas Nichols stated: “Tim has been instrumental in leading Armanino through the pandemic and into a period of rapid and profitable growth. We credit him with many important strategic contributions that have placed the company in a strong financial position and in an enviable position in the marketplace. We wish him the best in his future endeavors.”

Nichols continued: “We have asked Director James Ford to head a search committee of the board so we can identify a leader who can build on the strong foundation that Tim will be leaving us. That search will begin immediately. In the meantime, we are confident in Mr. Estonina’s abilities to serve again in a transitional role as we search for Tim’s replacement.”

Anderson, in his farewell message to the board stated: “I am tremendously proud of the team we have built at Armanino and the results we have delivered to shareholders. It was a very difficult decision to leave behind the people and the many opportunities that lie ahead for the company.”

In addition to frozen pastas and meatballs, the company’s product portfolio offered to foodservice, retail and industrial customers includes classic Basil Pesto and other flavors and sauces including Cilantro, Dried Tomato & Garlic, Roasted Red Bell Pepper, Southwest Chipotle, Artichoke, Roasted Garlic, Light Basil Pesto, Chimichurri, Harissa, Bolognese and Alfredo.