The information below has been supplied by dairy marketers and other industry organizations. It has not been edited, verified or endorsed by Hoard’s Dairyman.

Milk Specialties Global, an industry-leading nutrition performance manufacturer, is pleased to announce the appointment of Troy Peifer as the new Chief Financial Officer. Mr. Peifer joined Milk Specialties in early 2019 and brings with him over 20 years of experience leading accounting, finance, information technology, and legal teams.

Prior to joining Milk Specialties, Mr. Peifer served as Chief Financial Officer of Milestone AV technologies, a manufacturer of audio and video products for the consumer and commercial markets. He was also the Chief Financial Officer of Flexi-Mat Corporation, a manufacturer of health care and pet products. Prior to Joining Flexi-Mat, he was in the audit practice at KPMG.

Mr. Peifer received his Bachelor of Science degree in accounting from Illinois State University and his MBA from the Kellogg School of Management at Northwestern University.

Mr. Peifer will report directly to David Lenzmeier, CEO and will be located at the Milk Specialties Global headquarters in Eden Prairie, Minn.

“With someone of Troy’s experience and ability to lead, I have great confidence that Milk Specialties’ finance team and future are in good hands. Troy has already exhibited himself as a great fit to our senior leadership team and will continue to drive MSG’s growth and profitability.” Stated David Lenzmeier, CEO.

Mr. Peifer commented, "I am honored to join the Milk Specialties team at this exciting time. I look forward to building on the significant progress that has already been made positioning the Company for profitable and sustainable growth and positively contributing to the Company's strategic priorities. I am excited for the opportunity to bring my background and skills to work to help the Company achieve even greater results."


Founded in 1944, Milk Specialties Global is an industry-leading human and animal nutrition company. The company's Human Nutrition Business Unit is a global leader in the manufacturing of whey and milk protein ingredients, used primarily in the sports nutrition and functional food end markets. The company's Animal Nutrition Business Unit is recognized for innovative and science-based products that offer proven benefits to the growing dairy industry. Energy Booster™ is Milk Specialties’ flagship brand and is a top-selling product in the market, improving dairy cow productivity. Milk Specialties is also a top supplier of milk replacer and milk replacer ingredients for calves in the U.S.