Experienced finance executive Magatte Gueye succeeds three decade CFO at Fresno based fresh produce leader, signaling strategic evolution for the family farm.
Baloian Farms, a long standing grower, packer, and distributor of high quality fresh produce, has announced the appointment of Magatte Gueye as its new Chief Financial Officer.
The appointment became effective on December 9, 2024, and places Gueye at the company’s Fresno, California headquarters.
His arrival follows the retirement of longtime CFO, David Cuadros, who served the company for three decades.
This transition reflects Baloian Farms’ ongoing commitment to strengthening its executive leadership team in preparation for future expansion.
By selecting a seasoned finance executive to guide its strategy, the company aims to maintain its reputation for premium produce offerings while optimizing its operational and financial performance.
In more than 20 years of professional growth, Gueye has gained comprehensive expertise across executive level finance, strategic leadership, and operational oversight.
His background features over eight years of experience holding senior positions in financial strategy, making him a strong choice for a role that demands oversight of corporate finance, risk management, debt and treasury operations, and accounting compliance.
Science in Professional Aeronautics from Embry Riddle Aeronautical University | Image: Courtesy of Baloian Farms
Baloian Farms selected Gueye in order to uphold its commitment to robust financial governance and sustainable growth.
By having Gueye on board, Baloian Farms positions itself to strengthen long term profitability and ensure that capital allocation and risk mitigation efforts align with the company’s broader objectives.
In his new position, Gueye will take charge of key initiatives related to financial strategy and performance.
These responsibilities include planning and executing strategies designed to fortify revenue generation and control costs, an endeavor that will likely involve working closely with other members of the leadership team.
Gueye will also oversee accounting oversight, debt and treasury management, and the company’s compliance framework to meet regulatory standards and uphold stakeholder trust.
Maintaining stability and pursuing innovation are seen as equally important, and he is expected to direct Baloian Farms’ investments in areas that support the company’s enduring reputation for delivering fresh, high quality vegetables to consumers nationwide.
In line with this direction, he will analyze financial data and market conditions to propose well founded strategies that pave the way for future expansion.
“We here at Baloian Farms are excited to have Magatte join the Baloian Team. We look forward to the experience and insight he brings to our Team. We also want to thank David Cuadros for his invaluable service to our company,”
Tim Baloian, CEO of Baloian Farms
This expression of gratitude not only reflects the company’s appreciation of Cuadros’s legacy but also highlights the enthusiasm surrounding Gueye’s arrival.
His comprehensive expertise in guiding corporate strategy and financial operations is expected to shape the next phase of Baloian Farms’ legacy.
“I am excited to join the Baloian Farms team and contribute to the company’s future growth and continued success.”
Magatte Gueye, Chief Financial Officer
In stepping into his new role, he will blend established best practices with fresh perspectives, aiming to build on the achievements that Baloian Farms has already realized in its years of operation.
This leadership change marks another milestone for a company that prides itself on its vertically integrated approach to delivering premium quality produce year round.
