PHOENIX — J. Dale Belt, currently managing director at Sierra Consulting and a financial adviser to NutraCea since November 2009, has been named executive vice-president, chief financial officer and chief accounting officer of NutraCea, effective June 15. He succeeds William J. Cadigan, who has been vice-president of finance since July 2009 and interim c.f.o. since February 2010.
“(Mr. Belt’s) turnaround experience coupled with his financial and operating expertise will contribute significantly to our completing a successful restructuring of the company as we work toward an exit from Chapter 11 later this year,” said W. John Short, chairman and chief executive officer.
Mr. Belt has more than 30 years of experience in finance and accounting in both the private and public sectors. His experience includes work with wholesale/retail food manufacturing and beverage marketing and distribution.