MMPA appoints new chief financial officer

NOVI, Mich.—The Michigan Milk Producers Association (MMPA), the 10th largest dairy cooperative in the U.S., recently named Tom Downey to serve as chief financial officer (CFO).

As CFO, Downey will direct strategic planning and oversee all financial activities of MMPA. Downey is a results-oriented professional with a proven track record of operational and financial acumen.

“As MMPA continues our journey toward innovation and advancing our position within the industry, Tom’s forward-thinking vision and experience will be a great complement to our leadership team,” MMPA President and CEO Joe Diglio said.

Most recently, Downey worked for Alvarez & Marsal as a senior director where he advised client across multiple industries to help improve bottom line results. Downey previously held positions with Lighthouse Investment Partners and Ernst & Young. Downey has a bachelor’s degree in accounting and a master’s degree in accounting from Michigan State University. He lives in the Metro Detroit area with his wife and twin daughters.

The Michigan Milk Producers Association–established in 1916–is a member-owned and operated milk marketing cooperative and dairy processor serving dairy farmers throughout Michigan, Wisconsin, Ohio and Indiana. In addition to a cheese plant in Indiana, MMPA operates two SQF Level 3 dairy ingredient plants in Michigan, producing butter, nonfat dry milk powder, condensed skim milk, cream and whole milk powder.