AdvancePierre™ Foods Appoints Celeste Clark to Board of Directors

CINCINNATI--(BUSINESS WIRE)--

AdvancePierre Foods (APF) has announced the appointment of Celeste A. Clark, Ph.D., to its board of directors. The recently retired Senior Vice President of Global Public Policy and External Relations for Kellogg Company, Dr. Clark brings to the APF board expertise in global communications, nutrition science, regulatory affairs, corporate social responsibility and board governance across the public, private and nonprofit sectors.

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In addition to functioning as Kellogg's worldwide liaison for professional associations, government agencies and trade associations on nutrition, health policy and advertising practices, Dr. Clark oversaw the Global Nutrition Team's work and served as the company's Chief Sustainability Officer and President of the Kellogg Corporate Citizen Fund.

"Celeste is a foremost authority on nutrition and health policy and played a key role in collaborating with a global consortium of industry, academic and government leaders to increase consumer understanding of nutrition," said Dean Hollis, Chairman of AdvancePierre and Senior Advisor to AdvancePierre's majority shareholder in funds managed by Oaktree Capital Management, L.P. ("Oaktree"). "Her broad expertise and its real-world application will be a great addition to our board."

Dr. Clark holds a bachelor's degree from Southern University in Baton Rouge, La., and a master's degree from Iowa State University. She earned a doctorate from Michigan State University and currently serves as a professor in the Department of Food Science and Human Nutrition.

About AdvancePierre Foods

AdvancePierre™ Foods, Inc., headquartered in Cincinnati, Ohio, is a nationally recognized manufacturer and marketer of value-added proteins and sandwich products to a wide variety of distribution outlets including foodservice, retail and convenience store providers. With revenues of $1.62 billion and more than 4,000 employees, AdvancePierre offers a broad line of packaged sandwiches; fully cooked beef, chicken, and pork products; uncooked meat items such as Philly-style steak, breaded beef and stuffed chicken entrees; and bakery products that are all produced from high-quality ingredients and provide unparalleled taste, convenience and value to both operators and their patrons. Funds managed by Oaktree Capital Management, L.P., a Los Angeles-based investment firm, is the majority shareholder of AdvancePierre Foods.

About Oaktree

Oaktree Capital Group, LLC OAK is a leader among global investment managers specializing in alternative investments, with $97 billion in assets under management as of December 31, 2015. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities. Headquartered in Los Angeles, the firm has over 900 employees and offices in 17 cities worldwide. For additional information, please visit Oaktree's website at http://www.oaktreecapital.com/.

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