Rubix Foods, a leading provider of flavorful and functional ingredients to the culinary and food manufacturing industries, has announced the appointment of David Perez as its Chief Financial Officer (CFO) on April 9, 2024. Perez, who brings 37 years of financial expertise to the role, previously served as a financial consultant to the company for the past year.
In his new capacity, Perez will lead Rubix Foods' finance and accounting team, succeeding Bill Block, who has transitioned to the role of Chief Support Officer after serving as CFO for 33 years. Rubix Foods, headquartered in Jacksonville, Florida, has undergone significant growth and transformation under the ownership of Arbor Investments, a private equity firm specializing in food, beverage, and related industries.
Arbor Investments partnered with the Block family in May 2019 to acquire Rubix Foods, then known as Darifair Foods. Since then, under Arbor's stewardship, the company has rebranded to Rubix Foods in 2021 and expanded its operations with the opening of a state-of-the-art innovation center in 2022.
Perez's extensive financial experience includes serving as CFO and chief information officer for Red Collar Pet Foods, another company within Arbor's portfolio. During his tenure at Red Collar, Perez played a key role in overseeing strategic transactions, including the sale of its pet food manufacturing business to Colgate-Palmolive Company in September 2022 and the sale of its pet treats plant to Nestlé Purina PetCare in March 2023.
Expressing his enthusiasm for his new role, Perez stated, "Becoming the CFO of Rubix Foods and continuing to work with Arbor is an incredible opportunity. I'm honored to lead the robust finance and accounting team developed by Bill Block and eager to support the incredibly talented professionals at Rubix as they continue to be the 'go-to' flavor and ingredients innovation partner to leading food service and CPG brands across the world."
Rubix CEO Andy Block also expressed confidence in Perez's appointment, highlighting his year-long transition period and the invaluable contributions of Bill Block to Rubix's evolution. Arbor President Carl Allegretti echoed these sentiments, emphasizing the strength of the leadership team under Rubix President Midd McManus and the company's position as a hub for innovative food technology.
With its commitment to providing insight-driven concepts and breakthrough food solutions, Rubix Foods continues to be a prominent player in the food industry, leveraging its multi-disciplinary team's expertise to deliver targeted solutions to its customers.
