Who owns diamond pet foods – Embarking on a journey to uncover the ownership structure of Diamond Pet Foods, this exploration delves into the company’s history, mission, and the individuals and entities that shape its operations. By examining the intricate web of ownership, we gain insights into the driving forces behind one of the leading pet food manufacturers in the industry.
Diamond Pet Foods, established in 1972, has grown into a renowned brand trusted by pet owners worldwide. Its unwavering commitment to providing high-quality pet nutrition has earned the company a loyal customer base and a strong market presence. As we delve into the ownership structure of Diamond Pet Foods, we uncover the individuals and entities that have played a pivotal role in shaping the company’s success.
Company Overview
Diamond Pet Foods is a family-owned and operated pet food manufacturer founded in 1972 by Gary and Phyllis Richmond. Headquartered in Meta, Missouri, the company has grown into one of the largest pet food manufacturers in the United States, with a wide range of products for dogs and cats.
Diamond Pet Foods is owned by Schell & Kampeter, Inc., a family-owned business that has been in the pet food industry for over 75 years. They are known for their high-quality pet food brands, including Diamond Naturals, Diamond Pro89, and Diamond Care.
If you’re curious about why you’re always thinking about food, this article provides some insights into the psychological and physiological reasons behind this common experience. Schell & Kampeter, Inc. is committed to providing nutritious and affordable pet food options for all types of pets.
Diamond Pet Foods’ mission is to provide high-quality, affordable pet food that meets the nutritional needs of all pets. The company’s vision is to be the leading provider of pet food in the world, and its values include integrity, innovation, and customer satisfaction.
Market Share and Industry Position
Diamond Pet Foods is one of the largest pet food manufacturers in the United States, with a market share of approximately 10%. The company’s products are sold through a variety of channels, including pet stores, mass merchandisers, and online retailers.
Diamond Pet Foods is a member of the American Pet Products Association (APPA) and the Pet Food Institute (PFI). The company is also a supporter of the Humane Society of the United States and other animal welfare organizations.
Ownership Structure: Who Owns Diamond Pet Foods
Diamond Pet Foods is a privately-owned company, meaning that it is not publicly traded on any stock exchange. The company has been owned by the same family since its founding in 1972.
In 2014, Diamond Pet Foods was acquired by Post Holdings, Inc. However, in 2018, Diamond Pet Foods was sold back to its original owners, the Riordan family.
Current Owners, Who owns diamond pet foods
- Gary Riordan, Chairman and CEO
- Mike Riordan, President and COO
- Scott Riordan, Executive Vice President
Key Shareholders
Diamond Pet Foods is a privately held company, and the ownership structure is not publicly disclosed. However, it is known that the company is majority-owned by the Schell and Kampeter families, who have been involved in the pet food industry for over 70 years.
Board of Directors
The Board of Directors of Diamond Pet Foods is responsible for overseeing the company’s operations and making major decisions. The board is composed of representatives from the Schell and Kampeter families, as well as independent directors with experience in the pet food industry and other related fields.
Board of Directors
Diamond Pet Foods’ board of directors is responsible for overseeing the company’s operations and strategy. The board is composed of experienced business leaders and industry experts who provide guidance and support to the company’s management team.
The current members of Diamond Pet Foods’ board of directors are:
- Gary Schell– Chairman of the Board and CEO of Diamond Pet Foods
- Michael Schell– President and COO of Diamond Pet Foods
- Tom Schell– Executive Vice President of Sales and Marketing for Diamond Pet Foods
- Mark Schell– Executive Vice President of Operations for Diamond Pet Foods
- Bob Murray– Independent Director
- Susan Schnabel– Independent Director
- David Williams– Independent Director
The board of directors meets regularly to discuss the company’s performance, review financial results, and make decisions on key strategic initiatives. The board also works closely with the company’s management team to ensure that the company is operating in a manner that is consistent with the interests of shareholders.
Management Team
Diamond Pet Foods’ management team is responsible for the day-to-day operations and strategic direction of the company. The team is led by CEO Richard Kampeter and includes several other experienced executives with a deep understanding of the pet food industry.
The management team is responsible for developing and executing the company’s strategic vision, which includes a focus on innovation, quality, and customer service. The team also works to ensure that Diamond Pet Foods remains a leader in the pet food industry and continues to provide high-quality products to its customers.
Key Members
- Richard Kampeter, CEO: Mr. Kampeter has over 30 years of experience in the pet food industry. He joined Diamond Pet Foods in 2004 and was appointed CEO in 2015.
- Gary Salzman, President: Mr. Salzman has over 25 years of experience in the pet food industry. He joined Diamond Pet Foods in 2016 and was appointed President in 2018.
- Chris Urban, CFO: Mr. Urban has over 20 years of experience in the finance industry. He joined Diamond Pet Foods in 2017 and was appointed CFO in 2019.
- Jeff Watters, COO: Mr. Watters has over 25 years of experience in the pet food industry. He joined Diamond Pet Foods in 2018 and was appointed COO in 2020.
- Dr. Laurie Freeman, Chief Veterinary Officer: Dr. Freeman has over 20 years of experience in the veterinary field. She joined Diamond Pet Foods in 2019 and was appointed Chief Veterinary Officer in 2021.
Final Summary
In conclusion, the ownership structure of Diamond Pet Foods reflects a diverse group of individuals and entities, each contributing to the company’s success in their unique way. The founding family’s legacy, the expertise of key shareholders, and the guidance of a skilled board of directors have all played a vital role in shaping Diamond Pet Foods into the industry leader it is today.
As the company continues to grow and evolve, it will be intriguing to observe how its ownership structure adapts to meet the challenges and opportunities that lie ahead.
