Utz appoints new CFO, CCO; prelim Q1 adj. EPS $0.14-0.16; reaffirms FY2025 guide

Utz Brands, Inc.

CFO Ajay Kataria to step down May 1; William Kelley Jr. (ex-Tropicana CFO) to succeed with $575K base salary.
Chief Customer Officer Mark Schreiber retiring May 31; Jeremy Stuart (SVP Large Format) to take over.
Prelim Q1 2025: Net Sales +1.5-1.7% YoY, Adj. EBITDA $44-46M, Adj. EPS $0.14-0.16.
FY2025 outlook reaffirmed: Adj. EBITDA growth 6-10%, Adj. EPS growth 10-15%, net leverage ~3x.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William J. Kelley Jr.

Executive Vice President, Chief Financial Officer and Principal Accounting Officer

UTZ · Utz Brands, Inc.

Effective: 2025-05-01
Filed: April 17, 2025, 7:59 PM ET

On April 17, 2025, the Company announced the appointment of William J. Kelley Jr. to the position of Executive Vice President, Chief Financial Officer and Principal Accounting Officer, effective as of the CFO Effective Date.

Departed

Ajay Kataria

Executive Vice President, Chief Financial Officer and Principal Accounting Officer

UTZ · Utz Brands, Inc.

Effective: 2025-05-01
Successor: William J. Kelley Jr.
Filed: April 17, 2025, 7:59 PM ET

On April 16, 2025, the Company and Ajay Kataria, the Company’s Executive Vice President, Chief Financial Officer and Principal Accounting Officer, mutually determined that, effective as of May 1, 2025, (the “CFO Effective Date”), Mr. Kataria would no longer serve in his roles as the Company’s Executive Vice President, Chief Financial Officer and Principal Accounting Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William J. Kelley Jr. was appointed as Executive Vice President, Chief Financial Officer and Principal Accounting Officer at Utz Brands, Inc..

Action: appointed
Role: Executive Vice President, Chief Financial Officer and Principal Accounting Officer

Exact text from the filing

On April 17, 2025, the Company announced the appointment of William J. Kelley Jr. to the position of Executive Vice President, Chief Financial Officer and Principal Accounting Officer, effective as of the CFO Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ajay Kataria departed as Executive Vice President, Chief Financial Officer and Principal Accounting Officer at Utz Brands, Inc..

Role: Executive Vice President, Chief Financial Officer and Principal Accounting Officer

Exact text from the filing

On April 16, 2025, the Company and Ajay Kataria, the Company’s Executive Vice President, Chief Financial Officer and Principal Accounting Officer, mutually determined that, effective as of May 1, 2025, (the “CFO Effective Date”), Mr. Kataria would no longer serve in his roles as the Company’s Executive Vice President, Chief Financial Officer and Principal Accounting Officer

View on SEC.gov

Utz Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001739566-25-000058

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