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Diamond Foods (DMND) Appoints Nigel Rees, Alison Davis to Board

March 8, 2012 4:13 PM EST
Diamond Foods, Inc. (Nasdaq: DMND) has appointed Nigel Rees, a senior financial executive with McKesson Corporation (NYSE: MCK), and Alison Davis, an accomplished corporate executive with decades of global financial and operating expertise, to its Board of Directors. Both executives will be joining the Board's Audit Committee. In addition, Michael J. Mendes and Steven M. Neil resigned from Diamond's Board of Directors effective March 7, 2012.

From the release:

Nigel Rees serves as Vice President and Controller of McKesson Corporation, a $112 billion publicly traded health care services and technology company. Prior to joining McKesson, Mr. Rees was Senior Vice President of Finance at Adecco, SA, an $18 billion global staffing and professional services company. His career experience also has included serving as Chief Financial Officer for a publicly traded software company and for a closely held regional distribution company and managing the internal audit function for a major, publicly traded computer manufacturing company. Mr. Rees is a CPA and began his career in public accounting with Deloitte and Touche LLP. He holds a Masters of Business Administration from the University of Washington and a Bachelor of Arts from Whitman College.

Alison Davis most recently served as the Managing Partner of Belvedere Capital, a leading private equity investor in the U.S. financial services sector. Prior to Belvedere Capital, Ms. Davis served as the Chief Financial Officer of Barclays Global Investors, a large institutional investment firm with over $1.5 trillion of assets under management. She also spent 16 years as a strategy consultant with McKinsey & Company and as a senior partner with A.T. Kearney. She is currently a director of Royal Bank of Scotland and Unisys. She has chaired audit, compensation and governance committees during her tenure of board service. Ms. Davis received a Bachelor of Arts and a Master of Arts degree in Economics from Cambridge University and holds a Masters of Business Administration from Stanford University.


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