Tony Gavin Is Bimbo US’ New President

Tony Gavin, currently Executive Vice President at Bimbo Bakeries US, will become President of BBU at the end of March 2023. “Gavin has spent his entire career focused on the Consumer, understanding their needs and preferences, and creating business processes to meet them”, said the company in the 2022 financial report, where it announced the news.

​​He has been with the company for 20 years and before that held positions at George Weston Bakeries; Best Foods, Inc.; and CPC International, Inc. In 2022, he was elected to the board of directors of the American Bakers Association.

Gavin replaces current President Fred Penny. After 41 years in the baking industry, Fred Penny, President of Bimbo Bakeries USA, will be retiring at the end of March 2023. Penny has spent most of his career working in leadership roles for predecessor companies that would eventually become BBU. Over the last decade as BBU President, Fred led BBU through unprecedented circumstances and challenges to record business performance.

Daniel Servitje, Chairman and CEO of Grupo Bimbo said: “Fred has been an incredible leader and friend to the Grupo Bimbo family. During his leadership, BBU focused and upgraded its manufacturing operations, invested in sales systems and automation across the supply chain and made important strategic acquisitions to position the business for future success. Through this work, as well as advances in Safety, Diversity, Equity & Belonging and Sustainability, BBU has become an important player in the industry. I deeply thank him for his talent and contribution”.