Key Highlights: Martin Thompson appointed as CEO of Nestlé USA starting in January, reporting to Steve Presley overseeing Latin America and North America for Nestlé. Thompson joined Nestlé through the acquisition of Starbucks consumer packaged goods business in 2018, later…
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Campbell’s Announces New CEO The Campbell’s Company has announced that Mick Beekhuizen will be taking over as president and CEO on Feb. 1, 2025, succeeding Mark Clouse. Beekhuizen, who joined Campbell’s in 2019 as CFO and has been leading the…
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Canopy Growth, a leading cannabis producer, recently announced the appointment of Luc Mongeau as its new CEO. With over 25 years of experience in the consumer packaged goods (CPG) industry, Mongeau is set to replace David Klein, who has been…
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Established in 2019, Shiru utilizes artificial intelligence to uncover novel proteins for incorporation into food and beverage items. The company’s flagship platform boasts the largest collection of natural proteins derived from plants and microbes worldwide. Through AI technology, consumer packaged…
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Exciting News: Great news for Better Meat on Tuesday as they have received a patent for their innovative process of producing mycoprotein, an alternative protein made through fermenting a fungus known as Neurospora crassa. This breakthrough will enable the company…
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Dive Brief: Dive Insight: Known for its premium and unique soda flavors like Blue Bubblegum and Pineapple Cream, Jones Soda has ventured into new markets such as cannabis-infused beverages, prebiotics, and hard soda. Despite facing challenges like leadership changes, regulatory…
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Wayne-Sanderson Farms, the third largest poultry producer in the United States, has announced the appointment of a new CEO who will succeed current chief executive Clint Rivers upon his retirement next spring. Kevin McDaniel, the current COO, will assume the…
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Key Points: Tilray’s CEO and chairman, Irwin D. Simon, is optimistic about potential changes in cannabis regulation following the U.S. presidential election. The company is launching four hemp-derived THC drinks through its Tilray Alternative Beverages unit in key U.S. markets…
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Taking Protein Intake to the Next Level Milk Specialties Global, known as the “brand behind the brands,” is capitalizing on the growing trend of consumers seeking to increase their protein intake and make more mindful dietary choices. The company specializes…
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Campbell Soup CEO Mark Clouse mentioned the possibility of splitting the company’s snacks business from its meals and beverages unit in the future, but emphasized that any potential restructuring is not imminent. Speaking at the company’s investor day in New…