Hain Celestial Group Announces New CFO
Hain Celestial Group, a leading manufacturer of better-for-you brands that inspire healthier living, announced that Lee Boyce, CFO of Hearthside Food Solutions, has been named Hain’s new CFO, effective Sept. 5, 2023. Boyce will succeed Hain’s current CFO, Chris Bellairs, who will remain with the company through a transition and will participate in Hain’s upcoming Investor Day event in New York City on Sept. 13.
“I am thrilled to welcome Lee to the team,” said Wendy Davidson, Hain Celestial Group President and CEO. “His extensive and broad experience will be a tremendous asset to our company as we transform our business into a globally integrated enterprise. I look forward to partnering with Lee to drive our Hain Reimagined Strategy to deliver sustainable profitable growth for the future.”
“I’m delighted to join Hain at this exciting time in its 30-year history as a leading better-for-you company,” said Boyce. “Hain has an impressive portfolio of brands with strong growth potential, and operationally the company is making advancements to realize global efficiencies and synergies needed to meet the financial targets we’re aiming to achieve long-term.”
Boyce brings more than 30 years of international experience in finance leadership and transformation across the food and hospitality industries. Most recently, he served as CFO of Hearthside Food Solutions, the food industry’s largest contract manufacturer and privately held bakery. Prior to Hearthside, Boyce spent two years at Werner Co., where he was CFO and Executive Vice President and three years as CFO and Senior Vice President at American Hotel Register Company. Before joining American Hotel Register, Boyce spent more than 20 years at Mondelez and Kraft Heinz where he held a number of finance positions of increasing responsibility across commercial, strategy, supply chain and transformation, until ultimately becoming CFO of the company’s Beverages Business Unit. He began his career at Ernst & Young as an auditor for the McDonald’s business.
Boyce is a Certified Public Accountant, a Certified Management Accountant and a Chartered Global Management Accountant. He holds a Master of Business Administration degree from the University of Illinois at Chicago and a Bachelor of Arts degree with Honors from The University of Kent at Canterbury. He serves on the Board for the University of Kent in America alumni association.
“On behalf of the company, I want to thank Chris for his contributions to Hain Celestial during a period of extensive change,” added Davidson. “Chris played a key role with the company through leadership transition and helped to build a strong finance team with deep expertise to deliver for the future. We wish Chris all the best.”
Hain will unveil the company’s new business growth strategy Hain Reimagined at its Investor Day event in New York City on Sept. 13, 2023. A live webcast and replay of the event will be available on Hain’s Investor Relations website at Hain.