CHICAGO – Just a month after announcing plans to open a new processing facility in Missouri, officials from the meat snack manufacturer Chomps appointed Tim Bosslet to the new position of chief financial officer. Bosslet, a finance specialist who has worked for more than 15 years in the consumer packaged goods segment, was the fourth member of the company’s leadership roster after he was hired in 2019. Since joining the company, Bosslet’s roles have included senior director of finance, vice president of finance and senior vice president of finance. Prior to joining Chomps, he worked at J.P. Morgan in investment banking and at Houlihan Lokey focused on working with emerging food companies. He also brought practical food experience to Chomps, after being trained in culinary arts and formerly working in the food industry.
The promotion of Bosslet to the newly created position followed the company’s most successful year, with its most recent annual sales growing by 206%, and is symbolic of Chomp’s next step in its expansion and growth, according to officials.
“Tim Bosslet has been instrumental in shaping our financial strategy over the past several years and given the trajectory of the company, elevating his role to CFO was a natural decision,” said Pete Maldonado, co-founder and co-chief executive officer of Chomps. “With Tim at the helm of our financial operations, we are confident in our ability to continue expanding and achieving new milestones as a brand.”
Bosslet will be based in the company’s Chicago office and will be tasked with ensuring its financial sustainability and help develop its strategic growth plans.
“I am incredibly grateful to Pete, Rashid, and the entire Chomps team for this opportunity,” said Bosslet, CFO of Chomps. “Being part of Chomps’ remarkable growth over the past few years has been an exciting time in my professional career, and I look forward to stepping into this new role as we continue to reach new audiences, expand our distribution and build a brand that consumers love.”