Mexican food manufacturer Reynaldo’s Mexican Food Company has announced the appointment of Joe Garcia III as its new chief operating officer.
Joe Garcia III is the son of Joe Garcia, the president and co-founder of Reynaldo’s.
As the new COO, Joe Garcia III is focused upon taking a proactive approach to focus on implementing cost efficiencies, and he has engaged a business development consulting firm with over 30 years in assisting business enterprises manage their growth in operations, the company said..
In its first few weeks working with Reynaldo’s, the consulting firm has recommended and the company has implemented several changes which have had an immediate effect, it said. The company expects that the development of a comprehensive action plan will, when fully implemented, have a positive impact on the company’s bottom line. This plan includes more comprehensive management training, company-wide cost containment procedures and the establishment of an upper management succession plan.
Additionally, the consulting firm hired by Reynaldo’s will assist the Company in obtaining the working capital necessary for continued expansion of its business, without compromising the company’s position as the leader in Mexican food manufacturing, it said.
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By GlobalData