Andrei Mikhalevsky, president and CEO of California Dairies Inc., has announced his intention to retire at the end of the year.

The company’s board of directors has initiated a search to find his successor.

Mikhalevsky and the CDI board are committed to ensuring a smooth transition to a new president and CEO, the company stated.

Stacy Heaton, CDI director of communications, told Capital Press that is all the information the company is willing to share at this time but more information on Mikhalevsky’s retirement and career will be shared later.

CDI is the largest member-owned milk marketing and processing cooperative in California, producing 40% of the state’s milk. It is co-owned by more than 300 dairy farmers and ships 15 billion pounds of milk annually and manufactures butter, fluid milk products and milk powders.

Its products, including Challenge and Danish Creamery brands of butter, are available across the U.S. and in more than 50 foreign countries.

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