Erickson to lead Schwan’s board of directors

Sioux Falls banker Jeff Erickson has been named chairman of the board for Schwan’s Co.

Schwan’s is a privately held company based in Marshall, Minn., that is known for its home delivery of frozen foods. It’s also the owner of other brands such as Red Baron pizza and Mrs. Smith’s desserts, which it markets through grocery and food-service channels.

Erickson has served in multiple roles for the Schwan’s family trust since 2012 and was appointed to the board in 2016. He is an investor in and serves as vice chairman of American Bank & Trust and manages several limited liability companies. He previously was president and CEO of Great Western Bank.

“Schwan’s has benefited greatly from Jeff’s extensive finance background and business acumen since he joined our board of directors,” said Schwan’s CEO Dimitrios Smyrnios. “I look forward to working closely with him in his new role as chairman to meet the needs of our customers, consumers and employees, and strengthen our company for the benefit of everyone who has a stake in our success.”

Erickson will replace Allan Schuman, who is completing his term as chairman and will continue to serve as a board member. Schuman was the third chairman in the company’s 65-year history and the first who was not a member of the Schwan family.

Erickson to lead Schwan’s board of directors

Sioux Falls banker Jeff Erickson has been named chairman of the board for Schwan’s Co.

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