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Acosta Announces New Board of Directors Following Successful Recapitalization

January 17, 2020 GMT
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Grant LaMontagne, Mark Gross, Darian Pickett, Joe Hartsig and Joe Crafton of Acosta's new Board of Directors (pictured left to right).
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Grant LaMontagne, Mark Gross, Darian Pickett, Joe Hartsig and Joe Crafton of Acosta's new Board of Directors (pictured left to right).

JACKSONVILLE, Fla., Jan. 17, 2020 /PRNewswire/ -- Acosta Inc., a full-service sales and marketing agency, announced today its new board of directors following the Company’s successful recapitalization earlier this year, positioning it with the strongest balance sheet in the industry. New appointees include the following premier experts in the retail and consumer packaged goods (CPG) industry:

Other board members include Darian Pickett, Acosta’s CEO, and the following representatives from Acosta’s largest investors — funds associated with Elliott Management, Oaktree Capital Management, L.P., Davidson Kempner Capital Management, and Nexus Capital Management — which collectively manage nearly $200 billion in assets:

“We’re entering a new decade feeling energized and more confident than ever with the addition of our new board members,” said Pickett. “The depth of experience among this impressive group of leaders will provide Acosta with an unparalleled competitive edge as we set our sights on strategic growth and innovation for the benefit of our clients, customers and people.”

The new board of directors assumed responsibilities January 1, 2020 and will be supplemented by an advisory board, which will be appointed early this year and will provide additional industry expertise and other benefits to the Company. For further detailed information regarding each board member, visit www.Acosta.com.

About Acosta
Acosta is the sales and marketing powerhouse behind most of the trusted brands seen in stores every day. The company provides a range of outsourced sales, marketing and retail merchandising services throughout the U.S., Canada and Europe. For 90 years, Acosta has led the industry in helping consumer packaged goods companies move products off shelves and into shoppers’ baskets. For more information, please visit www.acosta.com.

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SOURCE Acosta