| CEO Name | Kevin Spratt |
| Nationality | United States |
| Net Worth Estimation | $5 million |
Kevin Spratt's estimated net worth of around $5 million is derived from his role as CEO of Rich's Foodservice, salary packages, long-term equity incentives, and accumulated executive experience at Rich Products Corporation and prior leadership roles. Rich's Foodservice, a division of the multibillion-dollar Rich Products Corporation, provides substantial compensation, boosting executive net worth over time.
Kevin Spratt, CEO of Rich's Foodservice, has an estimated net worth of $5,000,000, which is 50% of the category's minimum CEO net worth estimate ($10,000,000) and 62.5% of the maximum ($8,000,000). His net worth is notably below both the estimated minimum and maximum net worths for foodservice CEOs.
Business Category: Foodservice
Minimum Net Worth (estimation): 10000000 USD
Maximum Net Worth (estimation): 8000000 USD
Kevin Spratt Performance in Rich’s Foodservice
Kevin Spratt, CEO of Rich's Foodservice, demonstrates strategic leadership by driving innovation and operational efficiency. His decisive decision-making has optimized supply chain management and expanded market reach, directly enhancing company growth. Under Spratt's leadership, Rich's Foodservice has experienced improved financial performance and strengthened industry positioning.
Latest News
Rich Products News: CEO Richard M. Ferranti Leads Innovation and Growth
Rich Products, under CEO Richard M. Ferranti since 2020, is emphasizing innovation with a 2025 trends outlook highlighting consumer shifts towards convenience, customization, and ecommerce in foodservice. The company also recently appointed Jamie Lowe as CFO and added Dr. Tim Ryan, Chancellor of the Culinary Institute of America, to its board to support growth and innovation. Rich Products is adapting with new partnerships and digital tools despite recent layoffs and facility closures driven by operational efficiency and inflation pressures.
Source: http://www.delimarketnews.com; http://www.snackandbakery.com; http://www.cstoredive.com