Frank Truong

Frank Truong Email and Phone Number

Co-Founder and General Manager and Sustainability and Global Accounts at COSUCRA Inc. - (PEA Protein and INULIN) @ Cosucra Groupe Warcoing SA
Chicago, IL, US
Frank Truong's Location
Greater Chicago Area, United States, United States
Frank Truong's Contact Details
About Frank Truong

I am a global senior leader who lives by purpose (mind / body / soul / spirit) and is passionate about improving climate change, sustainability (plant based protein / fermentation / bioeconomy), agriculture and health & wellness for equality across our global society. I thrive on using my cross-functional expertise to help transform new concepts/new business incubator into scientific and commercial success. 15+ years of general manager, innovation/commercial development, operations/new subsidiary start up (global supply chain/S&OP/ERP/import/logistics/warehousing/customer service/food science), technical sales, strategic marketing and new ventures investing (Open Innovation) expertise. Leadership experience at Global B2B Specialty Food & Beverage Ingredient Manufacturers (dairy / plant based protein, dietary fiber, sweeteners, texturants, fats/oils, hydrocolloids), new subsidiary start up/scale up and food service companies.AREAS OF EXPERTISE:1) GENERAL MANAGEMENT, TURNAROUND, NEW BUSINESS INCUBATOR, START UP: developed strategic and operational plans to accelerate global growth through innovation, organic and new business incubator.- CY2017 Increased division profits +35% Y/Y on USD 150+ million sales after 2 YRS flat profits with new Go2Market Strategy/increased S&OP effectiveness - CY2015 / CY2016 awarded 15m lbs of specialty ingredients new business and developed 70m lbs in Salesforce pipeline 2) LEADERSHIP AND BUILDING HIGH PERFORMANCE TEAMS: recruited, coached, and mentored teams. Lead sales force of 75 members. Led 150+ cross-functional colleagues to generate revenue in 13 countries for Tate & Lyle TASTEVA(R) Stevia Sweetener launch in 2013. 3) GLOBAL: Traveled to 13 countries globally to commercialize Tate & Lyle TASTEVA(R) Stevia Sweetener and received 2 global innovation awards; Led development/execution of Go2Market plan in EMEA/NOAM for Tate & Lyle CLARIA(R) Functional Clean Label Starches. Strategic Marketing - leveraged consumer insights to develop global Go2Market Plan for entering reduced sodium market in 14 countries with Tate & Lyle SODA-LO(R) Salt Microspheres, receiving 4 global innovation awards4) COMMERCIAL AND FOOD SCIENCE knowledge in flavour, beverage, dairy/non dairy, baked goods, soups/sauce/dressings, meat/meat alternatives, snacks, confectionary, health & nutrition (sports nutrition, MLM, contract mfg, nutraceuticals, pharma excipient) and pet food markets

Frank Truong's Current Company Details
Cosucra Groupe Warcoing SA

Cosucra Groupe Warcoing Sa

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Co-Founder and General Manager and Sustainability and Global Accounts at COSUCRA Inc. - (PEA Protein and INULIN)
Chicago, IL, US
Frank Truong Work Experience Details
  • Cosucra Groupe Warcoing Sa
    Co-Founder And General Manager And Sustainability And Global Accounts At Cosucra Inc. - (Pea Protein And Inulin)
    Cosucra Groupe Warcoing Sa
    Chicago, Il, Us
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  • Cosucra Groupe Warcoing Sa
    Co-Founder/General Manager/Global Accounts At Cosucra Inc. - (Pea Protein & Inulin/Chicory Fiber)
    Cosucra Groupe Warcoing Sa 2018 - Present
    Warcoing, Be
     Co-Founder of COSUCRA Inc., incorporated (USA) in June 2018 creating a North America legal entity/subsidiary start up for pea protein/fiber/starch and INULIN/chicory root fiber (FIBRULINE(TM) and FIBRULOSE(TM). P&L for USA, CAD & MEX with sales force of 75 members, technical service/applications, marketing, product mgmt, operations (S&OP, import, logistics, warehousing, customer service), finance, regulatory across direct customer base and Go2Market distribution partners. Focused on health & nutrition, pet food, beverages, dairy/non dairy, bakery/snacks, confectionary, meat alternatives and fish/seafood categories COSUCRA investing EUR 60 million CAPEX for sustainable investments and INULIN/chicory root fiber capacity expansion. COSUCRA (www.cosucra.com), with our technological, sustainability and farm to fork leadership positions, is READY FOR THE FUTURE in plant based pea protein with our completed EURO 35m CAPEX in Belgium during 2018 to increase capacity for the production of PISANE(TM) pea protein, SWELITE(TM) pea fiber and NASTAR(TM) pea starch. In 1990, COSUCRA launched pea products.  COSUCRA has developed close partnerships with farmers in Belgium, France and the Netherlands for growing yellow peas and inulin/chicory root fiber. COSUCRA Groupe Warcoing has been manufacturing naturally grown specialty food ingredients since 1852 with a current focus on yellow peas and inulin/chicory root. COSUCRA was the world's first producer of inulin in 1986, a prebiotic fiber used to stimulate the growth of beneficial intestinal bacteria. With our global HQ in Warcoing, Belgium, 2 production plants in Belgium and 1 pea plant in Denmark for shipment to customers in 45+ countries. COSUCRA supports our customers' growth with OPS, R&D, Applications Center, Regulatory & Nutrition, Sales & Marketing expertise.
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  • Big Idea Ventures
    Mentor Alternative Protein (Plant Based / Fermentation / Cell Based) Venture Fund & Accelerator
    Big Idea Ventures 2019 - Present
    New York, Ny, Us
    Big Idea Ventures (BIV) (www.bigideaventures.com) invests in entrepreneurs to solve the world's greatest challenges. Our first fund is the New Protein Fund, a hybrid venture fund and accelerator program combining capital and partnership to build the best global companies in the plant-based, cultured and alternative protein ecosystem. BIV has an accelerator in NYC and Singapore that each invests in and supports around 8 companies twice per year. As a Mentor, I leverage my global strategic and operational expertise to provide step change opportunities and insights to fellow entrepreneurs.
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  • Climatebase
    Climatebase Fellow (Cohort #6)
    Climatebase Aug 2024 - Nov 2024
    San Francisco, Ca, Us
    Selected for COHORT #6, a 12-week climate technology professional development program. Fellows learn from over 50 industry expert speakers and instructor-led climate solutions curriculum.
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  • Aak
    Vice President Sales At Aak Foodservice Usa (Fats & Oils)
    Aak 2016 - 2018
    Malmo, Se
     Reported to President. Member of Senior Leadership/Executive Team of USD 150+ million revenue business. Lead and provide coaching for AAK Foodservice Sales Team of 16 outside sales (national restaurant chain accounts / cash & carry wholesaler / broadline and independent distributors / bakery / industrial / kosher / Asian trade / 4 brokers), inside sales, sales operations and customer service professionals on our journey to building a High Performance Culture. CY2017 Led sales team which helped increased division profits +35% Y/Y on USD 150+ million sales after 2 YRS flat profits with new Go2Market Strategy/increased S&OP effectiveness  AAK Foodservice (www.aakfoodservice.com), a division of AAK (www.aak.com), manufactures an extensive portfolio of solutions that includes butter blends, mayonnaise, sauces, margarine, spreads, shortenings, edible oils, dressings, vinegars, cooking wines and cherries.  AAK, The Co-Development Company, has proven expertise based on more than 140+ years of experience within oils & fats. With our headquarters in Malmö, Sweden, 20 production facilities and customization plants, and sales offices in more than 25 countries, our more than 3,400 employees are dedicated to providing innovative value-adding solutions to our customers. AAK generates USD 2.6+ billion in global sales and USD 600 million sales in USA (550+ employees).
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  • Tate & Lyle
    Sales Manager - New Business Development (Specialty Food Ingredients Wet Corn Milling)
    Tate & Lyle 2015 - 2016
    London, England, Gb
     In CY15/CY16, awarded 15 million lbs of new business (core + NPD) and developed 70 million lbs in Salesforce pipeline from global, national accounts and emerging brands customer base, including a signed multi-year supply agreement from a global pharmaceutical excipients customer for innovative starch solution (import from EU starch plant into USA supply chain)  Responsible for delivering sales growth from specialty sweeteners, texturants/starches, soluble corn fiber/polydextrose, plant based oat protein, oat betaglucan and salt reduction ingredient solutions for global, nationwide USA and Canada customer base (new business from private label / food service / natural health & nutrition channels) Customer Base focused on beverages, dairy, baked goods, snacks, savoury, meat, soup, sauce, dressings, flavor, sports nutrition, natural health & nutrition and pharmaceuticals excipients end use markets across CPG retail / food service / private label channels Partner with cross-functional teams (commercial / technical / operational) in North America, Europe and Latin America to deliver relevant ingredient solutions to meet customer growth requirements
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  • Tate & Lyle
    New Products Business Development Mgr (Specialty Food Ingredients Wet Corn Milling)
    Tate & Lyle 2013 - 2015
    London, England, Gb
     Integral member of USD 1.6 BN Specialty Food Ingredients (SFI) Division North America, reporting to VP Sales. Brand new position created for SFI North America. Responsible for delivering sales growth from new product launches  Top priority new product launches include TASTEVA(R) Stevia Sweetener, SODA-LO(R) Salt Microspheres, CLARIA(R) Functional Clean Label Starches, PROMITOR(R) Soluble Corn Fiber 85, PUREFRUIT(TM) Monk Fruit Extract, PromOat(R) Betaglucan, PrOATein(R) Oat Protein Develop commercial Go2Market Business Plan (Voice of Market and Customer to understand unmet needs for new product launches, customer segmentation, sales pipeline, value proposition, pricing strategy, key account planning) to commercialize innovative solutions for customers across Sweeteners, Health & Wellness and Texturants growth platforms  Train sales, marketing, product management, technical service, applications, supply chain, logistics, customer service, finance and tax teams on launch plan execution
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  • Tate & Lyle
    Global Strategy/Bus Dev Mgr (Innovation & Commercial Development Wet Corn Milling)
    Tate & Lyle 2011 - 2013
    London, England, Gb
     Integral member of USD 60 million investment in global Innovation & Commercial Development Division focused on commercialising innovative solutions for customers across Sweeteners, Health & Wellness and Texturants growth platforms in North America, EMEA, LATAM and APAC. Rated Outstanding in FY13 (highest rating) reporting to SVP Business Development & Open Innovation TASTEVA(R) Stevia Sweetener Global Launch Mgr & Product Mgmt. Responsible for development/execution of Global Go2Market Business Plan. Launched TASTEVA(R) in 20+ countries across LATAM, EMEA, APAC/ANZ and NOAM in 18 months and generated sales growth in 20 countries, with marketing promotions at six trade shows. Open Innovation - closed two technology investments for commercialization Commercialized three clean label, global technologies across sweeteners, texturants and health & wellness growth platforms (TASTEVA(TM) Stevia Sweetener, CLARIA(R) Functional-Clean Label Starches and SODA-LO(TM) Salt Microspheres) Evaluate Open Innovation and internal technical/commercial feasibility. Develop global Go2Market business cases (consumer insights, category/customer/brand segmentation, competitive positioning, VOC, pricing, trade marketing , IP, applications, regulatory, manufacturing, capex, supply chain) to commercialize innovation solutions in collaboration with EMEA, APAC, LATAM and NOAM commercial, technical service and applications team.
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  • Fonterra
    Manager (Dairy Protein - Innovation Growth Platforms Commercialisation)
    Fonterra 2009 - 2011
    Auckland, ., Nz
     Open Innovation - completed two Go2Market Business Cases to secure USD 10m from New Zealand Board for commercializing dairy innovation technologies (analogue cheese & functional milk protein) with USA dairy manufacturer and customers  Completed Go2Market Business Plan to commercialize Anchor™ UHT Cream innovation for food service channel growth  Led the development of 3 Year Strategic Plan to accelerate capex for Dairy Protein Innovation Pipeline (9 Business Plans to grow cheese; WPC80/WPI for yogurt, sports nutrition beverage & bars, infant nutrition, medical nutrition)  Led two direct reports in delivering commercial insights to North America USD 1.0 BN dairy protein business unit  Developed and implemented customer pricing strategy and contracting risk management solutions for Category Marketing, Sales Managers and Procurement Teams (competitive ingredients, value proposition, transfer pricing, product costing, international vs. USA dairy market supply/demand and trade policies) to improve profitability
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Frank Truong Skills

Cross Functional Team Leadership Strategy Product Development Business Development Strategic Planning Business Strategy Mergers And Acquisitions Commercial Development Mergers Product Management Commercialization Management Open Innovation Pricing Strategy Strategic Planning For Growth Supply Chain Pricing Leadership International Sales Executive Management P&l Management Financial Modeling Emerging Markets Start Up Ventures Growth Platforms Exec Mgmt Partnerships Sales Profitability Start Ups New Product Implementations

Frank Truong Education Details

  • The University Of Chicago Booth School Of Business
    The University Of Chicago Booth School Of Business
    Entrepreneurship
  • Senior Leadership Executive Coaching, High Performance Culture Development, Consultative Sales
    Senior Leadership Executive Coaching, High Performance Culture Development, Consultative Sales
  • Purdue University & Ift Food Science Courses
    Purdue University & Ift Food Science Courses
  • Food Science Technical Courses (Fonterra, Tate & Lyle, Aak, Cosucra)
    Food Science Technical Courses (Fonterra, Tate & Lyle, Aak, Cosucra)

Frequently Asked Questions about Frank Truong

What company does Frank Truong work for?

Frank Truong works for Cosucra Groupe Warcoing Sa

What is Frank Truong's role at the current company?

Frank Truong's current role is Co-Founder and General Manager and Sustainability and Global Accounts at COSUCRA Inc. - (PEA Protein and INULIN).

What is Frank Truong's email address?

Frank Truong's email address is fr****@****aak.com

What schools did Frank Truong attend?

Frank Truong attended The University Of Chicago Booth School Of Business, Senior Leadership Executive Coaching, High Performance Culture Development, Consultative Sales, Purdue University & Ift Food Science Courses, Food Science Technical Courses (Fonterra, Tate & Lyle, Aak, Cosucra).

What are some of Frank Truong's interests?

Frank Truong has interest in Classical Music, Opera, Triathlons.

What skills is Frank Truong known for?

Frank Truong has skills like Cross Functional Team Leadership, Strategy, Product Development, Business Development, Strategic Planning, Business Strategy, Mergers And Acquisitions, Commercial Development, Mergers, Product Management, Commercialization, Management.

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