Daniel Cunha appointed Ocean Spray chief financial officer

Ocean Spray Cranberries has announced that Daniel Cunha has joined the agricultural cooperative as chief financial officer.

Cunha joins from consumer-focused private equity vehicle Tangram Partners where he was a co-founder.

Ocean Spray highlighted Cunha’s “extensive background” in corporate finance, financial planning and analysis, investor relations, mergers and acquisitions, strategic leadership and risk management.

“I couldn’t be more thrilled to welcome Daniel to Ocean Spray where he will undoubtedly make an impact as a financial leader with a keen strategic orientation to accelerate the evolution of our cooperative toward a health and wellness company,” said Bobby Chacko, CEO of Ocean Spray. 

“I am particularly impressed with Daniel’s ideas and approach to leadership when it comes to the strategic vs. operational requirements of a CFO, as well as his ability to navigate through transformational growth. 

“Daniel is joining an Ocean Spray leadership team that is committed to accelerate growth sustainably on behalf of the many generational family farmer-owners.”

Prior to co-founding Tangram, Cunha was CFO of Heinz North America and later CFO of Kraft Heinz’s beverages and snack nuts unit.

“It is a fantastic time to be joining Ocean Spray,” Cunha said. “Ocean Spray was historically built on products with clear health benefits and certainly has a key role in serving consumers in the future, offering them the health and wellness products they want.

“Bobby and his entire executive team recognise the importance of innovation and have made it Ocean Spray’s mandate. I’m ecstatic to join this transformational effort and help build a stronger consumer-centric company.”

Last month, Ocean Spray launched Atoka, the company’s first new brand, as it lines up the release of a range of new products through its Lighthouse incubator.