Andrew Schuman

Andrew Schuman General Information

Biography

Mr. Andrew Schuman serves as President and Chief Executive Officer at Hammond's Candies. He previously co-owned the company. He serves as Operating Partner at AlpRidge Capital. He serves as Advisor & Investment Board Member at Luminate Companies. Mr. Schuman serves as President and Chief Executive Officer at Hammond's Candies since 2007. Hammond's is a leading manufacturer and distributor of premium branded candies in North America. During his seven years of ownership, Hammond's has grown revenues by $15 million. The company's manufacturing workforce has grown from 60 to 120 employees, and it seasonally employs up to 250 individuals. In June 2011 under his leadership, the company was recognized as one of the "50 Colorado Companies to Watch." Hammond's has been recognized with multiple awards for branding, innovative packaging and design. Prior to acquiring Hammond's, Mr. Schuman was a principal in a family business operating a chain of franchised photo processing locations under the trade name Motophoto in the Washington metropolitan area, as an area sub-franchisor. He was actively involved in the management, operations, and servicing of new and existing franchise locations. Over the 15 years, Mr. Schuman was involved in the family business, he engineered the acquisition and sale of more than 20 different companies as part of the regional growth, managing more than $25 million in annual sales. He was awarded the President's Award at the Motophoto International Convention in 2001 for superior performance as a multiple-unit franchisee and for his contributions to the company's franchise system. In early 2006, after several challenging years in a changing market impacted by digital photography, he divested his interest in the family business and actively sought a new venture that would be equally as challenging and rewarding which became Hammond's Candies. He holds an MBA in Finance from George Washington University and a BA in International Relation from University of Wisconsin.