Utz Brands, Inc. has announced that, after 27 years with the Company, Dylan Lissette, currently Chief Executive Officer, will be appointed Executive Chairman of the Board, effective December 15, 2022. At that time, Howard Friedman, currently Chief Operations Officer of Post Holdings, Inc., will join the Company as Chief Executive Officer. Joining the Company in 1995 and serving as CEO since 2013, Mr. Lissette has been integral in the Company's success, guiding Utz through its evolution from a regional snack food brand to the third largest branded salty snack platform in the United States.

During his tenure as CEO, Mr. Lissette oversaw a decade of significant accomplishments, including sales growth that nearly tripled to reach over $1.3 billion, Utz's debut as a public company, and the completion of six acquisitions since the Company's public listing in 2020. Mr. Friedman has more than 25 years of experience in the food and beverage sector leading some of America's most iconic brands, including PEBBLES™ cereal, LUNCHABLES™ snacks, PHILADELPHIA™ cream cheese, KOOL-AID™ drinks and KRAFT™ foods. Throughout the course of his career, Mr. Friedman has built a proven track record of profitably growing businesses through world-class marketing, strategy, and innovation.

Additionally, he has deep experience in new business integration, commercial execution, and value creation. Mr. Friedman has served as Executive Vice President and Chief Operations Officer of Post Holdings, Inc. since September 2021. Prior to this role at Post, he served as President and CEO of Post Consumer Brands, its cereal business, from 2018 to 2021.

Prior to Post, Mr. Friedman served in roles of increasing responsibility at The Kraft Heinz Company over more than 20 years, gaining extensive experience in consumer products and culminating in his role as Executive Vice President and President Refrigerated (Meat and Dairy), leading Kraft Heinz's largest business unit. Mr. Friedman started his career in the United States Army serving in the U.S. and overseas, completing his service as a Captain. He holds a B.A. from Dickinson College and an M.B.A. in Marketing and Finance from New York University's Stern School of Business.