Las Vegas-based HF Foods Group Inc., a food distributor to Asian restaurants across the Southeast, Pacific and Mountain West regions of the U.S., has appointed Valerie P. Chase, an accounting and finance executive with more than 15 years of public company and public accounting experience, to the company’s board of directors, effective Dec. 13.
As a result of her appointment, the company’s board of directors will be expanded from four to five members. The board will now include four independent directors and Xiao Mou Zhang (aka Peter Zhang), the CEO of the company.
Chase’s experience includes four years with Ernst & Young LLP, achieving senior auditor capacity, from September 2005 to November 2009. From February 2010 to May 2018, she served in roles of increasing responsibility with Apache Corp., a Houston-based, publicly traded oil and gas exploration and production company, culminating in her role as the manager of accounting policy and financial controls.
From May 2018 to September 2021, Chase served as the VP, chief accounting officer and controller of Magnolia Oil & Gas Corp., a Houston-based, publicly traded oil and gas exploration and production company.
Chase holds a bachelor of economics degree and a master of accounting degree from the University of Michigan in Ann Arbor.
“I am very pleased that Valerie accepted our invitation to join the HF Foods board,” said HF Group Chairman Russell T. Libby. “Her wealth of experience in finance and accounting uniquely complements the strengths of the other members of our board of directors. We strongly believe that Valerie’s appointment will strengthen our overall corporate governance, and her expertise will be of great value to HF Group as we work to enhance our accounting procedures and grow the business both organically and via acquisitions.”
HF Foods Group Inc. is a marketer and distributor of fresh produce, frozen and dry food, and non-food products to primarily Asian/Chinese restaurants and other foodservice customers throughout the Southeast, Pacific and Mountain West regions of the United States.
With 13 distribution centers along the U.S. eastern and western seaboards, HF Foods aims to supply the increasing demand for Asian American restaurant cuisine.
With an in-house proprietary ordering and inventory control network, more than 10,000 established customers in 21 states, and strong relations with growers and suppliers of food products in the U.S. and China, HF Foods Group is able to offer fresh, high-quality specialty restaurant foods and supplies at economical prices to its growing base of customers. For more information, visit hffoodsgroup.com.
