Former CEO David Baum retires.
Convenience Valet has announced the addition of Steve Jungmann as its new president and CEO, following the retirement of former CEO, David Baum.
Jungmann brings over 30 years of sales, marketing, retail and leadership experience and has served in senior leadership roles for companies such as Kraft Foods, Solo Cup and SUPERVALU. Prior to joining Convenience Valet, Jungmann served as president of sales for Richelieu Foods, a private equity-owned manufacturer of private-label frozen pizza, salad dressings, marinades, sauces and condiments. Richelieu was recently acquired by a European food company.
“Steve clearly has had a distinguished career leading successful consumer product businesses,” said Ronald (Chip) Weinberg, Jr., managing director & principal of Weinberg Capital Group. “He possesses strong strategic thinking ability, understands the levers that drive business performance and has demonstrated an ability to build and inspire outstanding teams. He is the right individual to energize Convenience Valet to take the business to a new level of success.”
Jungmann added, “I am very grateful for the opportunity to join Convenience Valet. I am impressed with the management team and believe strongly that we have multiple avenues for growth. I can’t wait to pursue the opportunities before us.”
As president and CEO of Convenience Valet, Jungmann will assume immediate direct operational control over the business and will report to the Board of Directors. He will drive Convenience Valet’s long-term strategic growth including any future add-on businesses.