Ah. IN order to stop a brutal intrafamily war, Chef Boyardee and his Uncle Benito each disowned the other's side of the family. As Boyardee had the market cornered in Italy for fine Italian Cuisine d'microeauave, Benito packed his family up and moved to France.
In France, they had no appreciation for anything other than snails and tortured goose liver, so they readily embraced Benito's fine brand of Italian food. However, the French being the French, they demanded he not have any foreign words in his name.
Eventually when they moved operations to North America, they added the "-American" to their name.
I accept your explanation. But I must throw in a Homerism. The French are "cheese eating, surrender monkeys".