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CORAL GABLES, Fla. - Fresh Del Monte Produce Inc. (NYSE:FDP), a $1.58 billion market cap company with annual revenues of $4.27 billion and strong financial health according to InvestingPro analysis, has appointed Mark Gagnon as Vice President of Sales for its South Region, effective June 2, 2025, the company announced Wednesday.
Gagnon, who previously worked at Fresh Del Monte from 2014 to 2020, will oversee commercial strategy and customer engagement across the Southern United States. He will report to Danny Dumas, Senior Vice President of Sales, Product Management, and Marketing for North America.
The produce industry veteran brings more than 30 years of senior-level experience in sales strategy, business development, and customer management. Before rejoining Fresh Del Monte, Gagnon held leadership positions at several companies including Dole, Chiquita, Chobani, Kalera, and Seald Sweet. The appointment comes as Fresh Del Monte trades at attractive valuations with a P/E ratio of 10.7 and maintains a strong liquidity position with a current ratio of 2.05.
"Mark’s deep expertise in sales and strategic growth will be instrumental as we expand our footprint across the South region," Dumas said in a press release statement.
The appointment aligns with Fresh Del Monte’s efforts to enhance commercial operations and strengthen customer partnerships throughout North America. Gagnon’s responsibilities will focus on driving regional growth for the company, which markets its products globally under the DEL MONTE brand.
Fresh Del Monte Produce Inc. is a vertically integrated producer, marketer, and distributor of fresh and fresh-cut fruit and vegetables, as well as prepared food in certain regions. InvestingPro analysis indicates the company is currently undervalued, with additional insights available in the comprehensive Pro Research Report, part of InvestingPro’s coverage of over 1,400 US stocks.
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