Ready Pac CEO retires; successor named - The Packer

Ready Pac CEO retires; successor named

05/03/2013 05:22:00 PM
Mike Hornick

Phil TheodoreTheodoreMichael Solomon, president and chief executive officer of Irwindale, Calif.-based Ready Pac Foods Inc., is retiring and will be succeeded by Phillip Theodore.

Solomon had both roles since 2008, after serving as chief operating officer. He joined Ready Pac in 2006.

Theodore, who recently joined the company as chief operating officer, will add the president and chief executive officer titles. He began his career in the retail supermarket business in the early 1980s with Wegmans.

Later he had executive and board positions with consumer packaged goods companies. Theodore has experience in private label and national brand distribution at retail.

The transition will take place by the end of May, said Tristan Simpson, director of marketing and corporate communications.

“I have decided that now since I have a strong senior executive on board to focus on the operations and financial aspects of the business, and one who complements an already strong management team,” Solomon said in a news release, "the time is right for me to retire from Ready Pac. I look forward to spending more time with my wife and two and a half year old son.”

He led Ready Pac through several years of record results, according to the release.

Solomon has been president of M. Solomon & Associates since 1985. His past positions included stints as president of Max Factor Cosmetics and Mann Theaters.

“This company has great employees, innovative products, and collaborative distribution partners and is well positioned for exciting growth,” Theodore said in the release.

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Santos Martinez-Ernie Arauza-Dave Chandler-Dave Chapman    
May, 04, 2013 at 09:16 AM

Thank You Michael for everything Best of luck in the future

Maria Matamoros-Steve Davidson-Jerry Butt & uncle Chris Nelson    
May, 04, 2013 at 02:59 PM

Congratulations Mike

Brian Jameson    
Salinas, CA  |  May, 06, 2013 at 06:31 PM

Good luck and congratulations Michael!

Pat McDowell    
Southern California  |  May, 14, 2013 at 09:28 AM

Mike, You will be missed! Good luck on your future endeavors. Pat

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