NEW BERLIN, NY — Chobani, the Chenango County-based Greek yogurt giant, has hired a new chief financial officer who says "everything is on the table" in the goal of securing the company's future.
That could include an initial public offering, or IPO, in which Chobani might transition from a privately held company to one that sells shares to the public to raise money, according to a report this week in the Wall Street Journal online. The report said Chobani has hired Mick Beekhuizen, most recently the CFO of Education Management Corp., a for-profit college.
Chobani was founded by Turkish immigrant Hamdi Ulukaya in 2005 and is headquartered in New Berlin, near Norwich in Chenango County. It has a production plant in nearby South Edmeston, and another in Idaho. It employs roughly 1,000 people in its Upstate operations.
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