Marion, New York-based Seneca Foods Corp., a provider of packaged fruits and vegetables with facilities located throughout the United States, has announced the planned retirement of Kraig H. Kayser, its president, CEO and director, on Sept. 30. Paul L. Palmby has been named to succeed Kayser upon his retirement.
Kayser will continue to be an employee to provide transition services through Oct. 31.
The Seneca Board made the following statement, “We would like to thank Kraig for his many contributions to the company. The board has tremendous respect for Kraig’s leadership and the performance Seneca Foods has achieved under his direction. As we look forward to a smooth transition, we note that Paul understands both our history and vision for the future and has the skills and perspective needed to build upon our solid foundation and take Seneca Foods to the next level.”
Kayser has served as president and CEO since 1993. From 1991 to 1993 he was CFO of the company. In addition, he has served as a director of the company since 1985. Under his leadership, the company has made a series of strategic acquisitions that have enhanced the company’s leadership position in the food packaging markets.
“It has been my privilege to serve Seneca Foods for over 35 years,” said Kayser. “Together, we have built an organization that makes a difference in people’s lives by producing safe, delicious and healthy foods at a good value which are particularly needed in these difficult times. I could not be more proud of the accomplishments of our team, including Paul.”
Palmby has served as EVP and chief operating officer of Seneca Foods since 2006. Prior to that, he served as president of the vegetable division of the company from 2005 to 2006 and VP of operations of the company from 1999-2004. Palmby joined the company in March 1987.
“I have been fortunate to work under Kraig’s leadership during our decades together at Seneca Foods,” Palmby said. “I appreciate the confidence and support of Kraig and the board. Seneca Foods has firmly established itself as a leader in packaged foods and the company will continue to thrive as we focus on the same fundamental beliefs that have brought us our success.”