Bruce Wacha - BG Foods President

BGS Stock  USD 7.21  0.07  0.96%   

President

Mr. Bruce C. Wacha was appointed as Chief Financial Officer, Executive Vice President Finance of the Company with effective from November 27, 2017. Mr. Wacha is Executive Vice President of Finance and Chief Financial Officer. Mr. Wacha oversees the Company finance organization and is responsible for all financial and accounting matters. He also oversees the Company corporate strategy and business development, including mergers acquisitions, capital markets transactions and investor relations since 2017.
Age 53
Tenure 8 years
Address Four Gatehall Drive, Parsippany, NJ, United States, 07054
Phone973 401 6500
Webhttps://bgfoods.com
Wacha joined B&G Foods in August 2017 as Executive Vice President of Corporationrationrationrate Strategy and Business Development and was appointed to his current position in November 2017. Before joining B&G Foods, Mr. Wacha served as chief financial officer and executive director of Amira Nature Foods Ltd. from June 2014 to August 2017. Prior to that, Mr. Wacha spent more than 15 years in the financial services industry at Deutsche Bank Securities, Merrill Lynch and Prudential Securities, where he advised corporate clients across the food, beverage and consumer products landscape.

Bruce Wacha Latest Insider Activity

Tracking and analyzing the buying and selling activities of Bruce Wacha against BG Foods stock is an integral part of due diligence when investing in BG Foods. Bruce Wacha insider activity provides valuable insight into whether BG Foods is net buyers or sellers over its current business cycle. Note, BG Foods insiders must abide by specific rules, including filing SEC forms every time they buy or sell BG Foods'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

BG Foods Management Efficiency

The company has Return on Asset of 0.0422 % which means that on every $100 spent on assets, it made $0.0422 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3694) %, meaning that it generated no profit with money invested by stockholders. BG Foods' management efficiency ratios could be used to measure how well BG Foods manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to gain to 0.1 in 2025, despite the fact that Return On Tangible Assets are likely to grow to (0.01). At this time, BG Foods' Non Currrent Assets Other are comparatively stable compared to the past year. Other Current Assets is likely to gain to about 49.7 M in 2025, whereas Non Current Assets Total are likely to drop slightly above 1.5 B in 2025.
BG Foods has 62.01 M in debt with debt to equity (D/E) ratio of 2.52, meaning that the company heavily relies on borrowing funds for operations. BG Foods has a current ratio of 3.2, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for BGS to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

David LawlorKellanova
57
Ana SanchezMcCormick Company Incorporated
49
Jonathan HarrisConAgra Foods
57
Brendan FoleyMcCormick Company Incorporated
59
Thomas DayHormel Foods
60
Bethany QuamGeneral Mills
53
James SneeHormel Foods
58
Glenn LeitchHormel Foods
59
David MarbergerConAgra Foods
59
Mick BeekhuizenCampbell Soup
49
Amy HeldJM Smucker
46
Darren SerraoConAgra Foods
57
Malcolm SwiftMcCormick Company Incorporated
64
Melissa HowellKellanova
58
Jeannette KnudsenJM Smucker
54
Colleen BatchelerConAgra Foods
46
Alistair HirstKellanova
59
Dana McNabbGeneral Mills
48
Jacqueline WilliamsRollGeneral Mills
55
Micheline CarterLamb Weston Holdings
54
Adam CiongoliCampbell Soup
55
BG Foods, Inc. manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico. BG Foods, Inc. was founded in 1822 and is headquartered in Parsippany, New Jersey. BG Foods operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 3096 people. BG Foods (BGS) is traded on New York Stock Exchange in USA. It is located in Four Gatehall Drive, Parsippany, NJ, United States, 07054 and employs 2,784 people. BG Foods is listed under Packaged Foods & Meats category by Fama And French industry classification.

Management Performance

BG Foods Leadership Team

Elected by the shareholders, the BG Foods' board of directors comprises two types of representatives: BG Foods inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BGS. The board's role is to monitor BG Foods' management team and ensure that shareholders' interests are well served. BG Foods' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, BG Foods' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ellen Schum, Executive Vice President and Chief Customer Officer
Charles Marcy, Independent Director
Kenneth Keller, President, Chief Executive Officer, Director
Kristen Thompson, Senior Vegetables
Eric Hart, Chief Human Resource Officer, Executive Vice President of Human Resources
Marty Schoch, Senior Chain
Alfred Poe, Independent Director
Michael Adasczik, Chief Accounting Officer, Vice President - Finance
Jordan Greenberg, Executive Vice President and Chief Commercial Officer
Tessie Gallagher, Senior Sales
Bruce Wacha, Chief Financial Officer, Executive Vice President - Finance
Debra Chase, Independent Director
Gary Benedict, Senior Operations
David Wenner, Interim President and Chief Executive Officer, Director
Stephen Sherrill, Independent Chairman of the Board
Dennis Mullen, Independent Director
Rick Drummond, Senior Development
Cheryl Palmer, Independent Director
Scott Lerner, Chief Compliance Officer, Executive Vice President, General Counsel, Secretary
Andrew Vogel, Executive Meals
DeAnn Brunts, Independent Director
Erich Fritz, Executive Vice President and Chief Supply Chain Officer
Robert Mills, Independent Director
Sarah Jarolem, Senior Development
Kenneth Romanzi, President, Chief Executive Officer, Chief Operating Officer, Director

BGS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is BG Foods a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for BGS Stock Analysis

When running BG Foods' price analysis, check to measure BG Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BG Foods is operating at the current time. Most of BG Foods' value examination focuses on studying past and present price action to predict the probability of BG Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BG Foods' price. Additionally, you may evaluate how the addition of BG Foods to your portfolios can decrease your overall portfolio volatility.