Kayem Foods Appoints Michael Mulrain and Lawrence Siff to Board of Directors
CHELSEA, Mass., Oct. 11, 2012 /PRNewswire/ -- Kayem Foods, the largest meat processor in New England, today announced the appointment of Michael Mulrain and Lawrence Siff to its Board of Directors. Kayem's Board of Directors consists of nine company, family and external members who oversee or contribute to the company's governance, strategy, capital investment, succession, risk management, budgeting and auditing.
Michael Mulrain is currently chief financial officer and chief operating officer of Polar Beverages Corp. in Worcester, MA, the largest independently owned soft drink bottler in the U.S. Mulrain brings extensive financial experience to Kayem. His accomplishments include supervising the implementation of acquisitions that resulted in a 500 percent sales growth, executing strategic growth plans and providing significant increases in shareholder value. Serving as the clerk of company, Mulrain is responsible for all Board communications and legal correspondence.
Lawrence Siff, founder and managing director of Neptune Advisors in Needham, MA, brings years of experience as a trusted chief executive officer to the Kayem board. His expertise includes capital raising, strategic and operational planning, driving revenue growth and profitability and maximizing corporate value. Mr. Siff also serves on the board of directors of Mason Companies, Inc. and serves as an advisor for Silverwood Partners, a boutique investment bank. A frequent lecturer at Harvard Business School, Brandeis University and Babson's Olin Graduate School of Business, Mr. Siff is also a contributor to Forbes magazine.
"As we continue to build our Board of Directors, we look forward to recruiting outside expertise to contribute a fresh, third-party perspective to the organization," said Ralph Smith, president and chief executive officer, Kayem Foods. "The Board is happy to welcome these financial and business experts to add strategic insights to further the growth and development of the company."
Kayem Foods, founded in 1909, is the largest meat processor in New England. Owned and operated by the same family for more than 100 years, the company manufactures Kayem Franks, the #1 brand of franks sold in New England, and al fresco Chicken Sausage, the #1 all natural chicken sausage in U.S. grocery stores. Best known for its Old Tyme Natural Casing franks, Kayem produces over 100 varieties of hot dogs and 300 varieties of deli meats, sausage and dinner hams under the Kayem, al fresco, Schonland's, McKenzie, Triple M, Genoa, Jordan's, Deutschmacher, Kirschner, and Essem brands. In 2009, Kayem Foods began manufacturing and distributing the iconic Fenway Franks line of hot dogs, the Official Hot Dog of the Boston Red Sox and Fenway Park. In 2010, Kayem became the official brand of both franks and sausage of the New England Patriots and Gillette Stadium. For more information, follow @KayemFranks on Twitter, "like" Kayem on Facebook or visit www.kayemfoods.com.
SOURCE Kayem Foods