Vincent Macciocchi Joins Milk Specialties Global, Bringing Expertise and Vision to Board of Directors

Vincent Macciocchi, a veteran in the ingredients industry and senior vice president at ADM, has joined Milk Specialties Global's board of directors. With over 25 years of experience in the industry, Macciocchi brings a wealth of knowledge and expertise to the table. As a member of the board, he will provide guidance on commercial strategy and growth-oriented initiatives. This appointment comes at an exciting time for Milk Specialties as the company expands its production facilities and strengthens its position in the market.

Milk Specialties Global is a leading manufacturer of nutritional ingredients for the health and wellness, performance nutrition, and functional food industries. With manufacturing facilities across the United States, the company specializes in high-percentage protein ingredients, lactose, permeate, and value-added ingredients. Their proprietary processing methods ensure high-quality products that meet the demands of today's consumers.

The addition of Vincent Macciocchi to the board of directors is a significant step for Milk Specialties. His business acumen and industry network make him a valuable asset as the company seeks to grow and thrive in the market. With his guidance, Milk Specialties can leverage its strengths and capitalize on emerging opportunities.

Macciocchi's extensive experience in the ingredients industry makes him an ideal fit for Milk Specialties. Prior to joining ADM, he served as president of WILD Flavors and held various positions at Givaudan. His deep understanding of the market dynamics and customer needs will contribute to the company's strategic decision-making and drive its long-term success.

David Lenzmeier, CEO of Milk Specialties, expressed his excitement about Macciocchi's appointment to the board. He recognized Macciocchi's reputation and vision, emphasizing his commercial expertise and operational know-how. With his guidance, the company is poised to enter a new phase of growth and achieve its strategic objectives.

Milk Specialties has recently completed construction on a new production facility in Jerome, ID, which will process 2.5 million pounds of milk per day. This facility will provide North American customers with an alternative supply of domestically produced acid and rennet casein products. Additionally, the company is nearing completion on a significant expansion of its Norfolk, NE facility, which will process close to 3 million pounds of milk per day and offer a domestic supply of calcium and sodium caseinates to customers. These expansions highlight the company's commitment to meeting the growing demand for high-quality ingredients in the nutrition market.

Vincent Macciocchi expressed his honor at joining Milk Specialties' board of directors during this phase of expansion. He praised the company's leadership, its partnership with Butterfly Equity, and its business model aligned with the latest consumer macro trends in the high-value ingredients space. Macciocchi believes the future is bright for Milk Specialties, and he is eager to contribute to its success.

In February 2023, Milk Specialties formed a partnership with Butterfly Equity, a private equity firm specializing in the food sector. Butterfly has a history of partnering with leading businesses, and its portfolio includes Orgain, Chosen Foods, Pete and Gerry’s Organics, and Bolthouse Farms. The addition of Vincent Macciocchi to the board further strengthens Milk Specialties' position in the market and enhances its growth potential.

Adam Waglay, Co-Founder and Co-CEO of Butterfly, expressed his enthusiasm about working alongside Macciocchi as a fellow board member. He acknowledged Macciocchi's extensive experience in the ingredients space and praised his perspective and pattern recognition. Waglay believes that Macciocchi's contribution will drive long-term value creation at Milk Specialties.

In conclusion, Vincent Macciocchi's appointment to Milk Specialties Global's board of directors brings a wealth of experience and expertise to the company. As a leader in the ingredients industry, Macciocchi will guide the company's commercial strategy and growth initiatives. With his guidance, Milk Specialties is well-positioned to capitalize on emerging opportunities and drive long-term value creation. The company's recent expansions and partnership with Butterfly Equity further demonstrate its commitment to meeting customer demands and staying at the forefront of the industry.