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Article: Farmer Bros. Board Declares Dividend, Elects Vice Presidents.
- Article from:
- Business Wire
- Article date:
- March 20, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORRANCE, Calif. -- Farmer Bros. Co. (Nasdaq: FARM) Board of Directors approved payment of a dividend of $0.11u per share for stockholders of record on April 24, 2009, payable on May 11, 2009.
The Board also elected executives to two newly created positions: Heidi L. Modaro to Vice President Sales and Operations, Coffee & Tea; and Hortensia R Gomez to Vice President and Controller.
Ms. Modaro joined Farmer Bros. in March with the acquisition of Sara Lee Foodservice's U.S. direct-store delivery (DSD) coffee business, of which she had served as Vice President of Sales and Operations. She reports to Drew Webb, Chief Operating Officer of Farmer Bros. ...