Kelly will become AIPC's new president and chief executive officer after the company completes the final phase of its previously announced restatement of certain historical financial statements. He will succeed Jim Fogarty, a managing director with Alvarez & Marsal who has served as the company's president and CEO since September 2005.
"American Italian Pasta Company has made tremendous strides over the past two years under Jim Fogarty's leadership along with the support of our customers and, most importantly, the tireless efforts of our dedicated employees," said Bill Patterson, cChairman of the board of directors.