Fruitist names Rich Sullivan CFO
Fruitist names Rich Sullivan CFO
Fruitist announced the appointment of Rich Sullivan as chief financial officer and the addition of Thomas Seifert and June Yang to its board of directors. These appointments bring world-class expertise in finance, governance and technology to Fruitist’s executive team and board of directors, at a time when the company continues to grow at a significant pace and expand distribution across the U.S. and globally.
Sullivan brings more than 25 years of experience leading finance organizations at high-growth, public companies. He has held senior roles at DreamWorks, Twitter, STX Entertainment and, most recently, served as CFO of SurveyMonkey.
“Rich’s financial leadership and deep capital markets experience will strengthen Fruitist’s foundation as we continue to grow globally and expand our reach to new consumers,” said Steve Magami, co-founder and CEO of Fruitist. “He is the right leader to guide our finance strategy through the next stage of growth.”
Seifert, one of the most respected CFOs in technology, joins the board of directors as audit committee chair. He is the CFO of Cloudflare where he guided the company through its IPO and helped scale it into a market leader with a $74 billion market cap. He previously held senior executive positions at Advanced Micro Devices and Symantec, recognized for his expertise in global finance, governance, and operational execution.
“Thomas’ global experience and disciplined approach to financial stewardship will provide valuable guidance to me and the Board as we execute Fruitist’s roadmap,” said Magami.
Fruitist also welcomed Yang as an independent director. She most recently ran Google Cloud's AI and Industry Solutions, where she was responsible for strategy, product, user experience, responsible AI, partnerships and operations. In her previous role as vice president and general manager of Google Cloud's largest business, Compute and AI infrastructure, she had P&L responsibility for the entire portfolio. She currently serves on the Boards of MSCI Inc., NetApp, UiPath, and AHEAD.
“Having spent the past five years at Google Cloud, June is at the forefront of AI innovation and market disruption. She has a rare blend of business and technology leadership that will help Fruitist harness technology to transform agriculture and create long-term value for consumers and shareholders alike,” said Magami.
“These appointments add best-in-class talent to Fruitist’s leadership team and board,” said Magami. “Rich, Thomas and June each have proven records of scaling world-class companies. Their decision to join Fruitist underscores the strength of our strategy and the scale of our opportunity.”
The addition of these three comes at a time of unprecedented momentum for Fruitist. The company has surpassed $400 million in annual sales, was named to CNBC’s Disruptor 50 list and reached a valuation above $1 billion. Fruitist also launched its first-of-its-kind snack cups for convenient, on-the-go snacking, while its flagship premium blueberries continue to expand across North America, Europe and Asia with unmatched size, crunch and flavor.
