BYN

Pre IPO

Banyan Acquisition Corp

Underwriter: BTIG
Raised
$300M
CIK
1852633
Focus
Food, Restaurant
External link: SEC Filings

SPAC Team

Leadership

Jerry Hyman has served as our Chairman since our inception in March 2021. Mr. Hyman is a foodservice industry veteran who serves as Chairman of TriMark USA and previously served as Chief Executive Officer of TriMark USA, from 2003 to January 2020. Mr. Hyman joined the business that became TriMark USA in 1981. In addition, from 2008 until January 2020, Mr. Hyman served as President and member of the board of directors of NexGen Procurement Corp, a unique industry buying group. My Hyman is also a Director of Deiorios Foods. We believe Mr. Hyman’s experience as a foodservice industry executive, including 17 years as Chief Executive Officer of TriMark USA, make him qualified to serve on our board of directors.

Keith Jaffee has served as our Chief Executive Officer and a director since our inception in March 2021. Mr. Jaffee has served as Chairman of Middleton Partners since 2010. From 2001 to 2009 Mr. Jaffee was Chairman and Chief Executive Officer of Focus Products, a collection of brands and businesses in the housewares, foodservice, and hospitality industry. Prior to that, Mr. Jaffee was President of Storage Products Group at Leggett & Platt from 1997 to 2001 and President of the Leggett & Platt Store Fixture Group from 1997 to 2001. Previously, Mr. Jaffee was President of NAFEM (North American Food Equipment Manufacturers). We believe Mr. Jaffee’s experience buying and building companies in the commercial foodservice equipment and consumer products sectors make him qualified to serve on our board of directors.

George Courtot has served as our Chief Financial Officer since March 2021. Mr. Courtot served as Chief Financial Officer of TriMark USA from January 2016 to December 2018 and as Business Liaison — Information Technology at TriMark USA from January 2019 to July 2019. Prior to TriMark USA, Mr. Courtot spent 16 years at V.P. Winter Distributing Company where he most recently held the position of Chief Financial Officer.

Bruce Lubin, will be appointed to our board of directors in connection with this offering. Since January 2020, Mr. Lubin has served as the Vice Chairman of CIBC USA and prior to that was President, Commercial Banking from September 2017 to January 2020. From 2007 to 2017 he was President of Commercial Banking at Private Bank, which was acquired by CIBC. Prior to that, Mr. Lubin held several leadership roles at LaSalle National Bank, from 1989 to 2007. Mr. Lubin also serves as the Chairman for the Chicagoland Chamber of Commerce, board member of the Governing Committee of AJC, and board member of the Civic Consulting Alliance. We believe Mr. Lubin’s experience in commercial banking, and track record pursuing both growth and M&A strategies for several banks, make him qualified to serve on our board of directors.

Kimberley Annette Rimsza, will be appointed to our board of directors in connection with this offering. Ms. Rimsza was an executive at TriMark USA from 2007 to February 2021, most recently serving as Executive Vice Present of the Western Region from January 2016 until February 2021 and President of TriMark Gill Group, a division of TriMark USA from 2007 to 2015. Prior to its sale to TriMark USA, Ms. Rimsza served as President and CEO of The Gill Group from 1992 to 2007. Ms. Rimsza was also previously President of the Foodservice Industry’s Trade Organization FEDA (Foodservice Equipment Distributors Association). We believe Ms. Rimsza’s experience as a food service industry executive, including with respect to financial and sales operations matters, make her qualified to serve on our board of directors.

Otis Carter, will be appointed to our board of directors in connection with this offering. Mr. Carter has served as General Counsel of CMS/Nextech, a portfolio company of Audax Group, since January 2021. Prior to that he served as General Counsel and Corporate Secretary for TriMark USA from 2014 to January 2021. Before joining TriMark USA, Mr. Carter was a private equity attorney with Kirkland & Ellis LLP and Ropes & Gray LLP, representing private equity sponsors, alternative asset managers and their portfolio companies on M&A and financing transactions. We believe Mr. Carter’s experience serving as an executive of businesses in the foodservice industry and as an M&A and financing attorney make him qualified to serve on our board of directors.

Special Advisor

Brett Biggs will be our special advisor . Mr. Biggs is the Chief Financial Officer of Walmart and Head of Walmart Enterprise Solutions, a position he has held since 2016. Prior to his current role, Mr. Biggs served as CFO for other Walmart divisions, including Walmart International, Walmart U.S., and Sam's Club. He also served as Senior Vice President of Operations for Sam's Club, Senior Vice President of Capital Markets, and Senior Vice President International Strategy/M&A. Prior to joining Walmart in 2000, Mr. Biggs worked in M&A at L&P, where he supported the Storage Products and Store Fixture Groups.