Jody Macedonio to step down as Dean Foods CFO

Dean Foods Company has announced that executive vice president and chief financial officer Jody Macedonio has stepped down from her role, effective from 24 September.

Macedonio joined Dean Foods in February 2018 and had previously worked at Henkel AG and PepsiCo.

According to the Dallas-headquartered milk processor, Macedonio’s departure is not related to any issues regarding the integrity of the company’s financial statements or accounting policies and practices.

Gary Rahlfs has been appointed as the company’s interim CFO, effective immediately. Rahlfs has served as senior vice-president of finance and strategy at Dean Foods since May 2019.

Prior to working for Dean Foods, Rahlfs served as CFO of the University of North Texas for a year and has held several executive finance positions at PepsiCo between 1994 and February 2017.

Earlier this year, the US dairy manufacturer appointed Eric Beringause as CEO, after Ralph Scozzafava stepped down from his role.