Del Real Foods, a leading Hispanic refrigerated foods company, announced the appointment of Michael Axelrod as its new chief executive officer. Axelrod leads a company that has built a strong brand within the large and growing Hispanic foods category and that recently has doubled its manufacturing capacity and expanded distribution of its products. Del Real is owned by a private fund affiliated with Palladium Equity Partners, LLC in partnership with the Cardenas family, the company’s founders.
Axelrod most recently served as CEO of Passport Global Foods and Fine Choice Foods, a leading manufacturer of globally inspired cuisine, and as president of TreeHouse Foods’ $1.5 billion condiments division. He also has held executive positions at Whirlpool Corporation, Pactiv Corporation, McCain Foods, and Kraft Foods. Early in his career, Axelrod was a project leader at the Boston Consulting Group, a global management consulting firm.