PHOENIX – Officials with Sigma Alimentos USA, a subsidiary of Monterrey, Mexico-based Alfa Group and parent company of Phoenix-based Bar-S Foods, announced the promotion of Jesus Lobo to the position of president. Lobo, who has worked with Sigma for the past 18 years in roles including marketing, business management, operations and vice president of Peru, will report to Warren Panico, chief executive officer of Sigma USA. In his new position, Lobo will oversee multiple business segments, including finance, strategy, IT, operations and supply chain, legal and risk management, marketing and innovation, sales, trade marketing and human resources.

“The president function will be responsible for executing our strategy to protect the core business, find new sources of revenue, margin expansion and strengthen the organization of the future,” the company said.

Along with Lobo, Panico will continue to oversee the US business and utilizing his decades of industry connections, experience and knowledge to ensure the company’s continued growth.

Bar-S was acquired by Sigma in 2010 and appointed Panico as president and CEO in 2012.