Log in or Register for enhanced features | Forgotten Password?
White Papers | Suppliers | Events | Report Store | Companies | Dining Club | Drinks | Retail | Videos
Processed Foods
Savory Snacks
Return to: FBR Home | Processed Foods | Savory Snacks

Inventure Foods appoints Joel Stewart to its board of directors

Published 31 January 2017

Inventure Foods, a specialty food marketer and manufacturer, announced the appointment of Joel D. Stewart as an independent director on its Board of Directors.

Stewart was appointed to the Board to fill the vacancy left by Mr. David L. Meyers, as previously announced on January 17, 2017.

Timothy A. Cole, Inventure Foods’ Interim Chairman of the Board, commented, “I would like to welcome Joel to Inventure Foods and look forward to his future strategic insights and contributions to our Board of Directors as we move forward. We remain sharply focused on creating shareholder value and we believe today’s actions underscore that commitment.”

Stewart currently serves as a Vice President of LKCM Headwater Investments, the private equity arm of Luther King Capital Management Corporation, an SEC-registered investment advisory firm  (LKCM).  Stewart has been with LKCM since August 2013 and serves as a director and/or advisor to multiple portfolio companies held by LKCM Headwater Investments and other LKCM affiliates. 

Previously, Stewart served as a Vice President at The Presidio Group, a San Francisco-based wealth management, investment and advisory firm, a Principal of 6Pacific Partners, LLC, a boutique merchant bank focused on the food, beverage and nutrition industries, and as an investment banker at JPMorgan. 

Stewart received his Bachelor of Business Administration in Finance and Economics from Baylor University and his Masters of Business Administration from the McCombs School of Business at the University of Texas.

Luther King Capital Management Corporation, an affiliated entity of LKCM Headwater Investments, reported ownership of approximately  2.24 million shares (or 11.4%) of the Company’s outstanding capital stock in its Schedule 13D filed with the Securities and Exchange Commission on January 23, 2017. 

Source: Company Press Release