NEW YORK — Diamond Ranch Foods, Ltd., a meat, poultry and seafood processing and foodservice distribution company, today announced the appointment of Victor Petrone to the Company's Board of Directors.
"Victor is a highly qualified and well respected professional who is sure to add tremendous value and support to Diamond Ranch's Board of Directors," stated Louis Vucci, Jr., Chairman and CEO of Diamond Ranch Foods, Ltd. "He has already exemplified top executive and leadership skills as our CFO/COO and will be an integral part in the implementation of our acquisition strategy."
Mr. Petrone will be an exceptional addition to the Board of Directors with his views and experience on various board matters, as well as corporate governance practices. A Graduate of The Wharton School of Business; University of Pennsylvania, Mr. Petrone has almost 30 years of food distribution, restaurant operation, import/export, and public company experience to his credit. Prior to joining Diamond Ranch Foods, Mr. Petrone operated an import-export company representing over 70 manufacturers and up to 500 product lines specializing in the USA, Mexico, Canada, The Caribbean, Central and South America markets.
"I am pleased to become a Board member at a very integral part of the Company's growth. The coming months will be a very exciting time as we implement our acquisition strategy and begin to shape the infrastructure and future direction of Diamond Ranch Foods," stated Victor Petrone, Chief Financial Officer and Chief Operations Officer of Diamond Ranch Foods, Ltd.
About Diamond Ranch Foods, Ltd.
Diamond Ranch Foods is a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry, seafood, and foodservice items, including private label and custom-cuts, which can be prepared fresh, frozen or vacuum-packed. The Company operates a fleet of refrigerated trucks for delivery throughout the New York metropolitan area and ships coast to coast via common carrier.
The Company's USDA-inspected facility is located in the Hunts Point Cooperative Market (Bronx, New York), which is the largest food distribution center in the world, and boasts a highly-diversified customer base throughout the tri-state region, including; supermarket chains, restaurants, hotels, deli/catering operators, institutions and industry suppliers.
Safe Harbor Statement
Statements contained in this presentation that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. The forward-looking statements are made based on information available as of the date hereof, and the Company assumes no obligation to update such forward-looking statements. Forward-looking statements are sometimes identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and involve a number of risks and uncertainties that could cause the Company's actual results to differ materially from projected results. All parties are cautioned that such forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the Company's products and services and any other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Source: Diamond Ranch Foods, Ltd.