Nicki Baty
Effective September 1, 2024, Freshpet, Inc. (the “Company”) appointed Nicki Baty, 45, as the Company’s Chief Operating Officer.
Highest-materiality recent filing
Freshpet Q1 net sales +13% to $297.6M; net income $48.5M vs loss; raises FY guidance
Net sales $297.6M, up 13.1% YoY; volume gains 14.6% offset by unfavorable price/mix -1.5%.
Freshpet Q4 net sales $285M (+8.6% YoY); FY net income $139M vs $47M; positive free cash flow
Q4 net sales $285.2M (+8.6% YoY); FY net sales $1.102B (+13.0%), surpassing $1B milestone.
Freshpet appoints John O'Connor as CFO, Ana Lopez as SVP Supply Chain; reaffirms FY2025 outlook
John O'Connor named CFO effective Feb 9, 2026; previously SVP Global Commercial Finance at Zoetis.
Freshpet awards $1.75M retention RSUs to COO Nicola Baty
Grant date value of $1,750,819.72 in RSUs: 13,858 time-based and 13,858 performance-based RSUs.
Freshpet Q3 net sales +14% to $288.8M; adj. EBITDA rises to $54.6M; guides FY lower end
Net sales $288.8M (+14% YoY); volume +12.9%, price/mix +1.1%.
CFO Todd Cunfer resigns; VP Finance Ivan Garcia appointed interim CFO effective Oct 17, 2025
Todd Cunfer resigns as CFO effective Oct 17, 2025, to accept another position.
Freshpet Q2 net income $16.4M vs loss; cuts 2025 sales guidance to 13%-16% growth
Net sales $264.7M (+12.5% YoY); volume +10.8%, price/mix +1.7%.
Freshpet stockholders re-elect all 12 directors, ratify KPMG, approve say-on-pay at annual meeting
All 12 director nominees elected; highest vote count 42,377,914 for Joseph Scalzo, lowest 41,479,013 for Daryl Brewster.
Freshpet Q1 net sales +17.6% to $263.2M, net loss $12.7M vs prior year profit; adjusts 2025 outlook
Net sales $263.2M, up 17.6% YoY, driven by volume gains of 14.9% and price/mix of 2.7%.
Freshpet reports Q4 net sales up 22% to $262.7M; first full-year positive net income of $46.9M
Q4 net sales $262.7M (+22% YoY); FY net sales $975.2M (+27.2% YoY).
Freshpet grants ~$14M in retention RSUs to CEO, President, and CHRO
CEO Billy Cyr receives $8M RSU grant (27,716 time-based + 27,716 performance-based RSUs).
Freshpet Q3 2024 net sales up 26% to $253.4M, net income $11.9M, raises FY guidance
Net sales $253.4M (+26.3% YoY); net income $11.9M vs prior year net loss $7.2M.
Freshpet stockholders approve 2024 Equity Plan authorizing 1.45M shares
Stockholders approved Freshpet 2024 Equity Incentive Plan at annual meeting on Oct 1, 2024.
Freshpet appoints Nicki Baty as COO; former Hill's Pet Nutrition US President
Effective Sept 1, 2024; Baty reports to CEO Billy Cyr; Scott Morris remains President and Co-Founder.
Freshpet adopts Key Executive Severance Plan; CEO William Cyr enters letter agreement
Plan effective Aug 27, 2024, replacing individual employment agreements; covers named executive officers and senior employees.
Freshpet Q2 sales up 28.3% to $235.3M, net loss narrows to $1.7M from $17M; raises 2024 guidance
Net sales $235.3M (+28.3% YoY), all volume-driven; gross margin 39.9% (up 760 bps).
Freshpet Q1 net sales +33.6% to $223.8M; net income $18.6M vs loss; raises Adj. EBITDA guidance
Net sales $223.8M (+33.6% YoY) driven by 30.6% volume growth; gross margin 39.4% vs 30.3%.
Freshpet board refreshed: Coben resigns, Kotcher appointed; Board now 12 directors
Lawrence Coben resigned April 8, 2024; no disagreement with company.
Freshpet appoints Nishu Patel as Chief Accounting Officer, effective April 1
Patel had been VP, Corporate Controller since June 2023; now promoted to CAO.
Freshpet settles moot stockholder class action for $72,617 in attorneys' fees
Agreed to pay $72,617.33 to plaintiff's counsel to resolve fee claim in mooted class action Panek v. Cyr.
Q4 net sales $215.4M (+29.9% YoY); net income $15.3M vs net loss of $2.9M prior year.
Effective September 1, 2024, Freshpet, Inc. (the “Company”) appointed Nicki Baty, 45, as the Company’s Chief Operating Officer.
On April 8, 2024, Lawrence S. Coben, Ph.D., a member of the Board of Directors (the “Board”) of Freshpet, Inc. (the “Company”), informed the Board of his resignation from the Board.
On April 9, 2024, Lauri Kien Kotcher was elected to the Board in the vacancy created by Dr. Coben’s departure as a Class II director with a term expiring at the Company’s 2025 annual meeting of stockholders.
On April 1, 2024, Nishu Patel, who had been serving as Vice President, Corporate Controller of Freshpet, Inc. (the “Company”) since joining the Company in June 2023, was appointed the Company’s Chief Accounting Officer.
Max materiality 0.85 · Median 0.65 · Most common event earnings