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Pierre Foods Appoints Two New Board Members

Pierre Foods Inc. appoints Dean Hollis and Margaret Cannella as new members of its Board of Directors. The addition of Hollis and Cannella expands Pierre's Board from three directors to five directors. They will join CEO Bill Toler and Oaktree Capital Management directors, Steven Kaplan and Matthew Wilson, effective immediately.

Hollis was most recently president and chief operating officer of ConAgra Foods Consumer Foods and International division. In that role, he oversaw the largest segment of the ConAgra Foods portfolio, including its leading consumer brands and customer branded businesses consisting of more than 40 global brands in 110 countries.

Cannella currently serves as the global head of Credit Research and U.S. Corporate Strategy at JPMorgan where she will be retiring from at the end of this month after more than 30 years in financial services. Over the past ten years, she has been head of Global Credit Research, U.S. Equity Research and U.S. Credit Research at JPMorgan as well as Global Coordinator for the firm's environmental research.
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