PMC Appoints New CFO

Apr 29

Philadelphia Macaroni Company (PMC) is delighted to announce the appointment of our new Chief Financial Officer, Joe McDermott. McDermott is succeeding Marc Abruzzese, who has worked with PMC for over 40 years.

McDermott is a results-driven leader with over 25 years of experience driving growth, efficiencies, and successful integrations. As a leader, he focuses on creating alignment through goals, processes, and communication.

“We’re bringing in Joe during an exciting time for PMC,” says CEO & President Luke Marano Jr. “We are a committed leader in the pasta industry. We continue to invest significantly in our infrastructure and people to support our goals and fuel growth, including the implementation of our new Tier 1 ERP system scheduled to go-live this year. We are happy to welcome Joe to our executive team, and look forward to the perspective and leadership he will bring to PMC.” Recent PMC projects include Minot Milling’s A-Mill conversion, the installation of an industrial short goods line in Lee’s Summit, MO, and several co-pack expansion investments in Grand Forks, ND.  

“I am extremely excited to be joining PMC at this pivotal point in the company’s history,” McDermott states. “PMC’s extraordinary history and success make me proud to be responsible for helping shape the future of the company and its people. With pasta being a staple market category, there is always opportunity to continue and expand on the tradition of quality and service excellence for the next generation of pasta consumers! I look forward to meeting and learning from everyone at PMC.”

McDermott is a CPA, with an MBA from Villanova University and a BBA in Accounting from Temple University. Most recently, he served as CFO of Zentis North America LLC, a privately held, US-based food manufacturer. Prior to that, he was CFO of Default Foods and helped navigate the company through a major ERP implementation. His other career experience includes CFO of PeopleShare and CFO of a Mars Petcare division.