Chairman and CEO, Fresh Del Monte
Origin: Palestine - US
Residence: US
Sector: FMCG
Ghazaleh is well-versed in turning around finances for Fresh Del Monte. Starting in 1996, he transformed the company from a business keeling under a $300m debt into a globally-known brand; in 2018, he pulled the company through falling share prices; and in 2020, he steered the company through the global pandemic. Ghazaleh’s efforts have paid off. In 2022, Fresh Del Monte reported its best-performing Q4 in recent history, led by strong net sales and margins.
The company’s net sales for Q4 increased by $22.7m; for the full fiscal year, net sales increased by $190.3m, compared with the prior-year period. For the full fiscal year 2022, gross profit was $340.2m compared with $303.8m in the prior year.