Consumer >> CEO Interviews >> June 10, 2002

Timothy Webster – American Italian Pasta Company (plb)

TIMOTHY S. WEBSTER has been President of American Italian Pasta Company since 1991 and its Chief Executive Officer since 1993. Mr. Webster joined AIPC as its Chief Financial Officer in April 1989 after two years of consulting with AIPC for his former employer, Ernst & Young. Under his leadership (jointly with Horst Schroeder, AIPC's Chairman since 1991), AIPC has grown sales and operating profits by a 30% compounded rate for 10 years. AIPC's success has been achieved through investments in state-of-the-art facilities (four in the US and one recently added in Italy) as well as building a strong management team; but most of all through delivering customers and markets through a combination of quality, service and competitive prices that enable them to grow their pasta sales and profits. Mr. Webster is also a visionary who sees opportunity for AIPC to continue to grow and improve into one of America's best food companies. Mr. Webster graduated from Drake University in 1984 with a BS in Accounting. Profile
TWST: Could we begin with a brief historical sketch of American Italian

Pasta and then an overview of the things you're doing at the present

time?

Mr. Webster: The company was founded in 1988