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Hatchery Networking—Raising the Bar on Acquisitions
February 1 @ 6:00 pm - 8:00 pm$15
We’re peeling back the curtain to the year’s most talked about acquisition in Chicago’s food space—RXBAR. Join RXBAR CEO and Co-Founder Peter Rahal alongside the Kellogg Company’s Head of New Ventures, Glenn Pappalardo, as they give you the inside scoop on how and why this acquisition took place. From building an attractive brand to acquisition strategies from the perspective of the entrepreneur and the acquiring company, learn all about this exciting deal!
** Street parking is available, as well as the Chicago Teacher’s Union parking lot across the street (1901 W Carroll) **
About the Speakers:
As the RXBAR Engagement Lead for the Kellogg Company, Glenn Pappalardo is responsible for managing all facets of the interaction between Kellogg and RXBAR. In this role, Glenn works directly with Peter and the entire RXBAR organization to establish communication streams and ways of working with Kellogg that ensure the unique culture and approach that has powered RXBAR’s amazing performance are fully supported and enabled. To deliver on these objectives, Glenn leverages his 6 years of experience at Kellogg, both with the Corporate Development & Strategy teams and on the leadership team at Kashi Company, where he focused on international expansion, as well as his 12 years in management consulting prior to joining Kellogg.
As CEO and co-founder of RXBAR, Peter Rahal (31) is responsible for aligning the company’s progressive vision, culture and strategy to build a disruptive and empowering food company. In 2013, Peter and his co-founder Jared Smith, saw an opportunity to bring a clean protein bar to CrossFit athletes. From humble beginnings in their parent’s kitchen, a 5-quart mixer and $10K, they launched RXBAR. Peter and Jared went door-to-door building the business that today is a thriving company. With national distribution and partners such as Trader Joe’s, Whole Foods, Target and Amazon, Peter and Jared serve millions of customers who are looking for clean labels.