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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): January 7, 2008

DEL MONTE FOODS COMPANY

(Exact Name of Registrant as Specified in Charter)


Delaware	001-14335	13-3542950

(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


One Market @ The Landmark San Francisco, California		94105

(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: ( 415) 247-3000


N/A

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 — Corporate Governance and Management

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 9, 2008, Del Monte Foods Company (the Company) announced that Nils Lommerin has been appointed Chief Operating Officer. Mr. Lommerin was previously Executive Vice President, Operations and is currently one of the Company’s named executive officers. On January 7, 2008, in connection with Mr. Lommerin’s appointment as Chief Operating Officer, the Compensation Committee of the Board of Directors of the Company approved an increase in Mr. Lommerin’s annual base salary and an increase in his target award as a percentage of base salary under the Del Monte Foods Company Annual Incentive Plan, as set forth below:


	Previously	As Approved January 2008
Annual Base Salary (1) Target Award	$483,000 70%	$565,000 80%
(1) Does not include Mr. Lommerin’s cash allowance of $36,000 per year, which is reported as salary in the Company’s proxy statement but is not considered eligible salary for purposes of the Del Monte Foods Company Annual Incentive Plan or similar plans.

Section 7 — Regulation FD

Item 7.01. Regulation FD Disclosure

The information contained in this Item 7.01 and in the accompanying exhibit shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

On January 9, 2008, Del Monte Foods Company announced via press release that Nils Lommerin has been appointed Chief Operating Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Section 9 — Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1 is filed with this report on Form 8-K.

The information contained in Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.


Exhibit		Description

	99.1	Del Monte Foods Company Press Release dated January 9, 2008.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	Del Monte Foods Company
Date: January 9, 2008	By:	/s/ James Potter
		Name:	James Potter
		Title:	Secretary

EXHIBIT INDEX


Exhibit		Description

	99.1	Del Monte Foods Company Press Release dated January 9, 2008.

4 EX-99.1 2 f36948exv99w1.htm EXHIBIT 99.1 exv99w1

Exhibit 99.1

NEWS RELEASE

DEL MONTE FOODS NAMES NILS LOMMERIN

CHIEF OPERATING OFFICER

SAN FRANCISCO, January 9, 2008 - Del Monte Foods Company (NYSE: DLM) today announced that Nils Lommerin has been appointed Chief Operating Officer. Mr. Lommerin will continue to report to Rick Wolford, Chairman and Chief Executive Officer of Del Monte.

In his new position, Mr. Lommerin, who previously served as Del Monte’s Executive Vice President of Operations, will assume responsibility for the Company’s Marketing divisions, and continue to oversee the Company’s Research & Development, Operations and Supply Chain. This new organizational structure will further enhance the integration of the Company’s marketing and business functions. Jeff Watters, Del Monte’s Senior Vice President Pet Products, and Apurva Mody, Senior Vice President Consumer Products, will now report to Mr. Lommerin.

“Nils has made exceptional contributions to our organization and has delivered strong results,” said Rick Wolford, Chairman and Chief Executive Officer of Del Monte. “In his five years at Del Monte, he has demonstrated solid business acumen, excellent decision making skills and strong cross functional capabilities. Nils has also shown an ability to provide strong pragmatic strategic and business leadership, which will serve the Company well in his new role as COO.”

Wolford continued, “Del Monte’s realigned reporting structure will strengthen execution against our annual performance objectives. Importantly, it will also enable an enhanced senior focus on our innovation initiatives, on maximizing our brands in the market and on optimizing our ability to fully implement the actions needed to meet our performance and strategic goals.”

“I look forward to the opportunities and challenges I will face in this new position,” stated Mr. Lommerin. “We have an exceptional team and an unbelievable stable of brands. I am confident that we can work together to grow these brands while at the same time achieving our cost reduction goals.”

Mr. Lommerin joined Del Monte in 2003 as Executive Vice President of Human Resources. He assumed his role as Executive Vice President Operations in 2004. Before joining Del Monte, Lommerin served as Executive Vice President of Operations and Corporate Services at Oxford Health Plans, Inc. Prior to that, Lommerin held various positions at PepsiCo, Inc. and Kraft Foods.

Mr. Lommerin holds an M.S. degree in Management from the Carnegie Mellon University and a BA degree in Economics from East Stroudsburg University.

About Del Monte Foods
Del Monte Foods is one of the country’s largest and most well known producers, distributors and marketers of premium quality, branded food and pet products for the U.S. retail market, generating more than $3.4 billion in net sales in fiscal 2007. With a powerful portfolio of brands including Del Monte^{^®}, StarKist^{^®}, S&W^{^®}, Contadina^{^®}, College Inn^{^®}, Meow Mix ^{^®}, Kibbles ‘n Bits ^{^®}, 9Lives ^{^®}, Milk-Bone^{^®}, Pup-Peroni^{^®}, Meaty Bone^{^®}, Snausages^{^®} and Pounce^{^®}, Del Monte products are found in nine out of ten U.S. households. The Company also produces, distributes and markets private label food and pet products. For more information on Del Monte Foods Company (NYSE:DLM) visit the Company’s website at www.delmonte.com.

Del Monte. Nourishing Families. Enriching Lives. Every Day.™

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CONTACTS:


Media Contact		Analyst/Investor Contact
Brandy Bergman/Robin Weinberg		Jennifer Garrison/Katherine Husseini
Sard Verbinnen & Co		Del Monte Foods
(212) 687-8080		(415) 247-3382
		investor.relations@delmonte.com