DALLAS — Eric Downum has been promoted to vice-president of financial planning and analysis at Borden Dairy Co. He was previously director of financial planning and analysis for the company.
Before joining Borden in 2016, Mr. Downum spent more than 13 years with PepsiCo, Inc. in a variety of financial leadership roles, including finance director of supply chain, innovation, M.&A. and strategy. Earlier in his career, he was a business analyst at Wachovia Bank.
“Eric’s contributions during the past two years have been invaluable to Borden, and we are proud to recognize his great work with this well-deserved promotion,” said Tony Sarsam, chief executive officer of Borden. “Eric’s role will be critical to Borden’s success as the company launches new products and focuses on growth and expansion in 2019.”
Founded in 1857, Borden operates 13 milk processing plants across the United States that employ 3,300. The company produces more than 500 million gallons of milk annually for grocery, mass market, club, food service, hospitality, school and convenience store channels.