Dive Brief: Ferrero appointed Jean-Baptiste Santoul as the chief operating officer for WK Kellogg, tasked with overseeing the recently acquired Rice Krispies and Froot Loops business for $3.1 billion. Gary Pilnick, the former CEO of WK Kellogg, left at the…
Food News
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PepsiCo has announced a significant price reduction for popular brands like Doritos and Cheetos, with discounts of up to 15%. This move aims to stimulate growth and attract back consumers who have been cautious due to inflation. The company tested…
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Dive Brief: Hain Celestial is selling its North American snacks business, including Garden Veggie Snacks, Terra chips, and Garden of Eatin’, to Canadian snacks manufacturer Snackruptors for $115 million. The sale, set to close by the end of the month,…
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McIlhenny Company, the maker of Tabasco, is taking legal action against Stoli Vodka, alleging that the new spicy vodka from the alcohol company has packaging similar to the iconic hot sauce brand. This lawsuit comes as Tabasco introduces a similar…
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Mondelēz International Names Luca Zaramella as Chief Operating Officer Mondelēz International is appointing current CFO Luca Zaramella to a newly created chief operating officer position, potentially setting up the long-time company executive to one day take over the top role…
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Summary: The former CFO of Archer-Daniels-Midland, Vikram Luthar, is facing a lawsuit filed by the Securities and Exchange Commission (SEC) for allegedly inflating the performance of the company’s Nutrition business segment through retroactive adjustments in fiscal years 2021 and 2022.…
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Leftovers is our take on some of the latest product ideas making waves. Some are intriguing, some are mouth-watering, and some are just too out there for us. We can’t cover everything we receive, so here are some highlights from…
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Revolutionizing the Food and Beverage Industry in 2026 2025 was a challenging year for the food and beverage industry, but now companies are gearing up to make a comeback and win back hesitant consumers. From slashing prices to revamping packaging…
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The Campbell’s Company has announced plans to close its potato chip plant in Massachusetts in an effort to increase efficiency. Production of Cape Cod and Kettle Brand chips will be shifted to other facilities within the company. The Hyannis manufacturing…
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Key Takeaways: After four years at the helm, Impossible Foods CEO Peter McGuinness is stepping down from the plant-based meat company. The executive leadership team, consisting of Jason Gao, Meredith Madden, and Rober Hass, will now oversee operations at Impossible…