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Pinnacle Foods Elects New Board Member And Announces Changes To Board Committees

The following excerpt is from the company's SEC filing.

Yannis Skoufalos Joins Pinnacle Board of Directors

Pinnacle Foods Inc. (NYSE: PF) today announced changes to its Board of Directors, including the election of a new independent director and subsequent modifications to the Board committee composition. These changes are consistent with NYSE governance requirements for non-controlled companies that now apply to Pinnacle, following Blackstone

s ownership exit.

On September 9, 2015, the Board elected Ioannis (Yannis) Skoufalos, Global Product Supply Officer of The Procter & Gamble Company ( P&G), as an independent director of the Company and a member of the Board

s Compensation Committee and Nominating and Corporate Governance Committee. Mr. Skoufalos has been Global Product Supply Officer at P&G since 2011. Since joining P&G in 1984, Mr. Skoufalos has held roles of increasing responsibility in engineering, manufacturing and product supply in various global geographies. Mr. Skoufalos was introduced to Pinnacle Foods by Kingsley Gate Partners, the firm used to conduct the director search. Mr. Skoufalos

appointment to the Board and the Compensation and Nominating and Corporate Governance Committees becomes effective September 16, 2015. He replaces Jason Giordano, managing director in the private equity group at Blackstone, who will step down from the Board effective September 11, 2015 in light of Blackstone

s ownership...