Del Monte Foods

Food & Beverages

Del Monte Foods Careers, Pay and Expert Network

lightbulbWhat are the highest paying jobs at Del Monte Foods?

Del Monte Foods, Inc, (trading as Del Monte Foods), is a North American food production and distribution company headquartered at 3003 Oak Road, Walnut Creek, California, USA. Del Monte Foods is one of the countrys largest producers, distributors and marketers of branded processed food for the U.S. retail market, generating approximately $1.8 billion of annual sales. Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Fruit Burst. Nils Lommerin, is the current Chief Executive Officer of the Del Monte Foods. Several Del Monte products hold the number one or two market share position. The company also produces, distributes and markets private label food. In 2014, Del Monte Foods, Inc., along with its brands Del Monte, S&W, Contadina, College Inn, Fruit Naturals, Orchard Select and SunFresh was acquired by the Filipino multinational food and beverage company Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. Assets that are under Del Monte Foods, Inc. but was not part of the deal will continue to operate as a separate company under the name Big Heart Pet Brands, Inc. In the 1870s and 1880s, California became a major producer of fruits and vegetables. In 1886, the Del Monte name premiered, originally used in the 1880s by an Oakland, California, foods distributor to designate a premium blend of coffee prepared for the Hotel Del Monte on the Monterey Peninsula. By 1892, the Del Monte brand was introduced when the firm expanded its business and selected Del Monte as the brand name for its new line of canned peaches. In 1898, the California Fruit Canners Association (CFCA) formed when 18 West Coast canning companies merged. The Del Monte brand was one of several brands marketed by the new company. It introduced the Del Monte Shield in 1909. Under the leadership of George Newell Armsby, in 1916 CFCA added two more canners and a food brokerage house, incorporated itself as California Packing Corporation, or Calpak, and began marketing its products under the Del Monte brand. The new company grew to operate more than 60 canneries in Washington, Oregon, Idaho, Utah and Alaska. In 1917, it acquired pineapple farms and a cannery in Hawaii and, in the 1920s, added canneries in Florida and the Midwest, as well as in the Philippines. After WWII, it constructed or purchased more facilities overseas. These multinational operations made the name California Packing Corporation obsolete, and in June 1967, the corporation adopted the name of its leading brand to become Del Monte Corporation.

Highest paying job titles at Del Monte Foods include Brand Manager, eCommerce Manager, and Category Manager

Snapshot

Employees40,500
Market Cap$1.1 billion
Revenue$4.2 billion
5 Year Trend+3.3%
Net Income$93.2 million
NYSEFDP
Founded1886
Annual Report
Total value of jobs:
$12,665,000
Total Jobs:
47
Average Pay:
$143,920
Total Experts:
12
% Masters:
39%

Top Experts at Del Monte Foods

Del Monte Foods Salaries

Brand Manager

$90K

$175K

Average Salary:$148,000

eCommerce Manager

$90K

$125K

Average Salary:$118,000

Category Manager

$175K

$175K

Average Salary:$175,000

Cost Accountant

$90K

$90K

Average Salary:$90,000

View All Salaries