QualityStocks would like to highlight Diamond Ranch Foods, Ltd. (OTCBB: DRFO). Diamond Ranch Foods is a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry and foodservice items, including private label and custom-cuts, which can be prepared fresh, frozen or vacuum-packed. The Company operates a fleet of refrigerated trucks for delivery throughout the New York metropolitan area and ships coast to coast via common carrier.
In the company’s news yesterday,
Diamond Ranch Foods, Ltd. announced the appointment of Victor Petrone as the company’s chief operating officer. He will also assume the responsibilities of chief financial officer.
With extensive experience in the importing / exporting, foodservice and distribution industries, Mr. Petrone founded International Food Specialists Inc. (IFS), an import-export company representing over 70 manufacturers and 500+ product lines, in 2004. In 2006, Mr. Petrone consolidated IFS, Inc. with publicly traded Nascent Wine Company, Inc. where he served as the company’s president and director.
Mr. Petrone began his career as the owner and general manager of Capital Food Corp. where he developed ethnic dining concepts for various restaurants. Later in his career, Mr. Petrone was recruited by U.S. giant Sysco Foodservice Corporation to oversee its specialty market division and manage business development activities for its international sales division. Mr. Petrone graduated from The Wharton School of Business at the University of Pennsylvania.
Louis Vucci, Jr., president of Diamond Ranch Foods, stated, “We are elated with the appointment of Victor Petrone as our COO and CFO. His substantial experience in food distribution, restaurant operation, import/export in addition to his public company experience, make him a welcomed addition to Diamond Ranch Foods as we strategically plan to expand our business operations.”
Mr. Vucci continued, “With Mr. Petrone in place, we have now solidified our management team and feel confident that we will be able to achieve the double-digit sales goals we are projecting.”
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