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Ready Pac Foods President and CEO Michael Solomon announced his retirement Friday after five years at the helm.
Phillip Theodor, who had been the chief operating officer at the company, will assume the duties of president and CEO.
“I have decided that now since I have a strong senior executive on board to focus on the operations and financial aspects of the business, and one who complements an already strong management team, the time is right for me to retire from Ready Pac,” Solomon said in a news release. “I look forward to spending more time with my wife and 2 ½ year old son.”
Solomon has been with Ready Pac since 2006. Theodore started his career with Wegmans in the early 1980s and has held executive and board positions with CPG companies since.
“Michael has built a great team at Ready Pac and I am very excited to help lead the team,” Theodore said in the release.