Annie's Names CFO

Annie's Inc. announced the appointment of Zahir Ibrahim as executive vice president, chief financial officer and treasurer.

October 21/Berkeley, Calif./PRNewswire -- Annie's Inc. announced the appointment of Zahir Ibrahim as executive vice president, chief financial officer and treasurer, effective November 13, 2013. Ibrahim was most recently vice president corporate controller and chief accounting officer at Molson Coors Brewing Company. He will be based in the company's Berkeley headquarters and will report directly to John Foraker, chief executive officer of Annie's.

"In addition to having deep technical skills and valuable consumer products experience, Ibrahim is a highly capable leader and a strong fit with the Annie's culture," said Foraker. "Zahir brings proven experience in building strong finance teams with enhanced analytical and business partnering capabilities, as well as in delivering improved processes and systems. His contributions will further strengthen the foundation of our finance and IT functions, providing critical support as we continue to grow and expand."

Ibrahim brings a breadth of experience across industries and in businesses of varying scale. In addition to his most recent position with Molson Coors, Ibrahim previously served as a divisional chief financial officer for two global businesses. Along with managing corporate reporting functions, working closely with audit committees, and leading M&A activities, he brings extensive operational and commercial finance experience. Mr. Ibrahim has played a key role in growing businesses and delivering performance improvement.

Kelly Kennedy will resign as chief financial officer and treasurer, effective November 12, 2013, to spend more time with her family. Kennedy intends to remain with the company through fiscal 2014 to lead special projects and assist with a smooth transition.

"Kelly has been an integral and respected member of our executive leadership at Annie's. She played a critical role in our successful transition to a public company. We thank her for her many contributions during her tenure as CFO, and look forward to continuing to work with her over the coming months in her new role," concluded Foraker.