Maines Paper and Food Service Names CFO
CONKLIN, NY (January 8, 2013)—Maines Paper and Food Service, Inc. announced it has promoted Terri Deane to senior vice president and chief financial officer.
Deane joined Maines in 1992 as the assistant controller. Over the next 12 years, she worked internally to formalize processes in the firm’s finance, accounts payable, and treasury departments. Deane was instrumental in strengthening the cash and capital expenditure policies of Maines, the company says. She also played a key role in contract negotiation for new business and streamlined the firm’s accounts-payable process, saving Maines money.
Deane is a graduate of Binghamton University with a bachelor’s degree in accounting. She received her CTP (certified treasury professional) certification in 2010.
“We have experienced tremendous growth over the past 10 years in all areas of our business,” Maines President and CEO Chris Mellon, said in a news release. “Terri Deane has been an integral part of the growth which made it an easy decision to promote her in this new position. We are very excited to congratulate her and wish her great success in her new role.”
Conklin–based Maines Paper & Food Service is one of the largest independent foodservice distributors in the country, coming in at 6th on the ID Report Top 50. The third-generation, family owned business generates revenue exceeding $3 billion. Maines employs more than 2,000 people from 12 distribution centers with coverage in 36 states.