Philadelphia’s Tasty Baking Company (TBC) has announced that Charles P. Pizzi has been named president and CEO effective 7 October 2002.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Carl S. Watts, current chairman, president and CEO, is due to retire and said that the board of directors believes Pizzi is a leader with “unparalleled integrity and experience.” 


Watts added: “We’ve carefully searched for my successor and Charlie was the most impressive candidate we’ve met, and we welcome him on board.”


Pizzi added: “I have worked with TBC management for more than 20 years. I look forward to accepting this new challenge and contributing to the expansion of the company in the coming years.”


Pizzi assumed the presidency of the Philadelphia Commerce Chamber in 1989. Since that time, he has tripled the revenue, expanded the organisations’ operating reserves and built the Chamber into a powerful voice for the region’s business community.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Acknowledging that there will be a “learning curve” at TBC, Pizzi noted that there would be a smooth transition in management. Watts will remain chairman and mentor to Pizzi until 2004.


“Charlie brings with him not only the management skills of running a successful organization but the experience of serving on the boards of the Philadelphia Stock Exchange, Vestaur Securities, Day & Zimmerman and Brandywine Realty Trust. His tenure as vice chairman of the American Chamber of Commerce Executives has provided him with a host of national contacts that will serve TBC well in the coming years,” said Watts.


Watts added that Pizzi will continue building upon TBC’s current strategic plan of growing sales in the company’s route operations, establishing alternative methods and channels of distribution, introducing new products and seeking strategic acquisitions.