John B. Sanfilippo & Son names new CFO

Elgin-based John B. Sanfilippo & Son, Inc. has appointed Frank S. Pellegrino, Executive Vice President, Finance and Administration, and Treasurer of the Company, as the new chief financial officer to replace Michael J. Valentine, effective immediately.

Valentine remains the Group President and Secretary of the company and will continue as a director.

Pellegrino, 47, has been employed by John B. Sanfilippo & Son since January 2007. Prior to that, Pellegrino was Internal Audit Manager at W.W. Grainger and a manager at PricewaterhouseCoopers LLP. Pellegrino earned an MBA from DePaul University and a B.S. in accountancy from Indiana University, and has been a Certified Public Accountant (CPA) since 1996.

In January 2018, Pellegrino became responsible for overseeing the company's information technology department, and in June 2019 became responsible for overseeing the customer solutions department.

“I am pleased to welcome Frank to the Chief Financial Officer role,” said Jeffrey T. Sanfilippo, CEO. “Frank has been an integral part of our senior management team, and he has contributed greatly to our operating and financial performance since joining us in 2007. I wish to thank Mike for his years of hard work as Chief Financial Officer, and his leadership in this seamless transition of the Chief Financial Officer position to Frank in accordance with his succession plan.”

John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit based products that are sold under a variety of private brands and under the company's Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts and Sunshine Country brand name.