Akron, OH (August 21, 2017) – Country Pure Foods, a leading independent producer and distributor of quality premium juices, announced today that Raymond Lee will retire from his role as President and Co-CEO effective December 31, 2017. Mr. Lee will continue running the Company until the end of the year, while helping to provide an orderly transition to the new management and organization structure. Kenny Sadai, current Co-CEO with Mr. Lee, will assume the role of CEO once Mr. Lee retires.
Mr. Lee joined the Company from Deloitte & Touche after he led the effort for one of his clients to acquire the original Ohio Pure Foods in 1992. He was one of the original senior management members when Country Pure Foods was formed in 1995 and ultimately served as CEO for Country Pure Foods for over 20 years beginning in 1996. During his tenure, he oversaw growth from $12 million in revenue in 1992, to over $200 million today. Mr. Lee showed great leadership through the completion of nine different acquisitions under five different ownership groups.
Lee said, “It has been an honor to lead Country Pure Foods and our dedicated employees for the last 20 years. I am very proud to have been a part of the growth we realized through quality and innovation, while delivering meaningful value to our stakeholders. I am confident the team we leave in place, along with Kenny’s vision, will result in the continued success of the Company.”