Overhill Chief Financial Officer Leaves

LOS ANGELES (AP) -- Private-label frozen foods maker Overhill Farms Inc. said Thursday its Chief Financial Officer John L. Steinbrun will resign, effective Sept. 6.

Steinbrun, who was also senior vice president and chief operating officer, is leaving to become chief executive of another company outside the food industry, Overhill Farms said.

Tracy E. Quinn, 52, who was previously corporate controller and chief accounting officer, among other positions, at ketchup maker H.J. Heinz Co. before retiring in 2005, will replace Steinbrun as interim chief financial officer while Overhill seeks a permanent replacement.

Earlier this month, Overhill Farms said fiscal third-quarter earnings fell 35 percent to $1.1 million, while revenue rose 21 percent to $53.1 million, from $44 million last year. The company said earnings were hurt by higher ingredient costs, short-term startup costs related to launching two products lines and construction related to an expansion product.