Hearthside Food Solutions, a leading contract manufacturer and the largest private bakery in the US, has announced the promotion of Chuck Metzger to the position of CEO. Founder Rich Scalise will remain active in the business as chairman of the board.
“The addition of Chuck Metzger to our management team has allowed us to execute our long-term succession plan and I am now stepping back from day-to-day leadership to focus my efforts on strategy and M&A as the chairman of the Board. I am proud of the business we have built over the last 10 years and excited to have such an operationally talented leader in Chuck Metzger to lead Hearthside in this next chapter of growth,” said Scalise.
“I am honored by the opportunity to succeed Rich Scalise at the helm of this impressive organization. Hearthside is poised for continued success, and I look forward to partnering with our experienced management team and board as we continue to deepen our capabilities and deliver for our customers,” said Metzger.
Hearthside was acquired in 2018 by Charlesbank Capital Partners, the Boston- and New York-based middle-market private equity firm, and Partners Group, the global private markets investment manager, on behalf of their clients.
“Rich built an incredible business that is well-positioned to grow as the leader in the contract manufacturing space,” said Chris Russell, managing director at Partners Group. “Rich is handing the reins to a talented executive in Chuck Metzger who has the operational leadership capability to build on the success to date.”
Metzger is an experienced food manufacturing executive who brings over 30 years of executive leadership in global food companies. He most recently served as Hearthside’s COO. He also worked for Greencore USA, Peacock Foods, Coca-Cola Company, and Kraft Foods.
“We had the opportunity to partner with Chuck during our investment in Peacock Foods and he has demonstrated, across his career, a strong mix of operational savvy, customer focus, and an ability to build effective teams,” said Ryan Carroll, managing director at Charlesbank.