Galaxy Nutritional Foods, a producer of plant-based dairy alternatives for the retail and foodservice markets, has announced the promotion of Salvatore J. Furnari, CPA from the company’s controller to CFO.
Former CFO, LeAnn Hitchcock, CPA will now serve as Galaxy’s SEC compliance and auditing manager.
Angelo S. Morini, Galaxy’s president, stated: “As controller, Furnari earned the respect and trust of the company’s top management through his joint efforts with myself and Hitchcock in streamlining operations, enhancing production efficiencies and by helping to strengthen internal controls. He has also gained the trust of our lenders and auditors by providing them with timely and comprehensive information enabling them to maximize their service to Galaxy.”
“Hitchcock,” Morini continued, “is changing her role due to personal obligations. We were very fortunate she returned to Galaxy as CFO last fall. She made invaluable contributions to Galaxy during her time as CFO and I have no doubt she will continue to do so in her new capacity.”
Furnari joined Galaxy as controller in 2001, prior to which he served as corporate controller and treasurer of Pritchard Industries. He also held the positions of CFO and VP, finance for Garage Management Corporation.
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By GlobalData