PALM BEACH, FL – Arbor Investments (“Arbor”), a specialized private equity firm focused on acquiring companies in food, beverage, and related industries is pleased to announce the promotion of two key senior executives.
Carl Allegretti has been promoted to Co-Chief Executive Officer reporting to Arbor’s Founder, Chairman and Co-CEO Gregory J. Purcell. Allegretti will continue to be responsible for oversight of the firm, talent procurement, deal flow, and investor relations. Allegretti joined Arbor in 2020 bringing 37 years of financial services expertise and executive leadership responsibility including serving as Chairman and CEO of Deloitte Tax LLP where he oversaw approximately 10,000 professionals in Tax and Advisory. Additionally, Allegretti led Deloitte’s Global Private Practice and was the Vice Chairman of the US Board of Directors and a member of Deloitte’s Global Board of Directors. Allegretti is a proven leader with an innate ability to attract, develop and retain high-performing professionals and successfully lead them to deliver best-in-class results.
John Jordan has been promoted to President, reporting to Allegretti. Jordan will assume oversight of all portfolio companies in the Arbor conglomerate, including the deployment of the firm’s functional resources and operating partners to drive value creation. Jordan joined Arbor in 2023 as Chief Operating Officer after 30 years of operating experience at Ornua, Ireland’s largest exporter of products, including the flagship Kerrygold® brand. Jordan served in a range of key leadership roles at Ornua in several markets including the United States, United Kingdom, and Ireland. Jordan is a celebrated executive with a keen business acumen and demonstrable operational expertise across all business functions in the food industry. Jordan has long-standing ties to Arbor having served on the board of directors of former Arbor portfolio company DPI Specialty Foods, Inc., a leading wholesale distributor of specialty foods to U.S. retail customers.
Arbor’s Management Committee will consist of Purcell, Allegretti, Jordan and Senior Operating Partner Tim Fallon.
Over the last five years Arbor has progressively added and supplemented in-house functional talent in areas including supply chain, operations, food safety, branding, legal, human resources and finance. With the promotion of Allegretti and Jordan, Purcell continues to advance Arbor’s evolution from a traditional private equity firm to more of a food conglomerate.
“We have an operationally intensive investing model that works,” said Purcell. “Carl started the transformation of the firm when he joined, and these latest promotions now align the towering strengths of Carl and John to where we need them most. With decades of business relationship experience, we want Carl out in the field cultivating new opportunities and recruiting talent. John is one of the top food CEOs in the game and he has quickly demonstrated his value to Arbor. It’s time for him to run our $3 billion food conglomerate portfolio. I congratulate both on their well-earned promotions.”
