| CEO Name | Christine Traynor |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Christine Traynor's estimated net worth of around $5 million derives from her executive compensation, incentives, and long-standing leadership roles at Maines Paper & Food Service, Inc., a major food distribution company. The valuation also factors in private company equity and her involvement in industry boards, given the company's significant annual revenues.
Christine Traynor's estimated net worth of $5,000,000 is 50% of the $10,000,000 minimum and 62.5% of the $8,000,000 maximum CEO net worth in the foodservice category. Her wealth is notably below the typical range for CEOs in this industry.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Christine Traynor Performance in Maines Paper & Food Service, Inc.
Christine Traynor, CEO of Maines Paper & Food Service, Inc., demonstrates strategic leadership by driving innovation and operational efficiency within the company. Her decisive decision-making focuses on customer-centric solutions and sustainable growth, enhancing market competitiveness. Under her leadership, Maines has seen improved financial performance and expanded service offerings, solidifying its industry position.
Latest News
Maines Paper & Food Service Acquired by Lineage Logistics Amid Bankruptcy
Maines Paper & Food Service, a major U.S. foodservice distributor, filed for Chapter 11 bankruptcy in June 2020 due to a debt exceeding $500 million but sold its last mile food service distribution assets to Lineage Logistics, preserving over 850 jobs and continuing service to major clients like Burger King and Darden Restaurants. Chris Mellon, former President & CEO of Maines, praised Lineage as a great partner and has since moved on to strategic advisory roles post-acquisition.
Source: http://www.gcca.org/press-releases/lineage-logistics-acquires-assets-maines-paper-food-service/