DALLAS, May 23, 2006 /PRNewswire-FirstCall via COMTEX News Network/ — Dean Foods Company (NYSE: DF)
announced today that Cory Olson, Senior Vice President – Finance and
Treasurer, plans to resign from his position effective July 18, 2006, to serve
as a managing partner of StoneBridge Real Estate Partners, a Dallas-based
private equity firm. Mr. Olson was responsible for building and maintaining
relationships with the investment and banking communities and played a primary
role in establishing the risk and cash management practices for Dean Foods.
“Cory has been an extremely valuable member of the senior management team and
an important part of our success over the last seven years,” said Gregg
Engles, Chairman and CEO. “We are very appreciative of his many contributions
and wish him well in his new pursuit.”
ABOUT DEAN FOODS
Dean Foods is one of the leading food and beverage companies in the United
States. Its Dairy Group is the largest processor and distributor of fresh
milk and other dairy products in the country, with products sold under more
than 50 familiar local and regional brands and a wide array of private labels.
The company’s WhiteWave Foods subsidiary is the nation’s leading organic foods
company. WhiteWave Foods markets and sells a variety of well-known dairy and
dairy-related products, such as Silk(R) soymilk, Horizon Organic(R) dairy
products and juices, International Delight(R) coffee creamers and LAND
O’LAKES(R) creamers and cultured products. Dean Foods Company also owns the
fourth largest dairy processor in Spain and the leading brand of organic dairy
products in the United Kingdom.
Contact: Barry Sievert
Senior Director, Investor Relations
(214) 303-3437
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