Key Points: Jim Koch, founder and chairman of Boston Beer, will return as CEO, a position he previously held from 1984 to 2001. Koch replaces Michael Spillane, who is stepping down as CEO on Aug. 15 for personal reasons but…
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Key Points: Diageo CEO Debra Crew has stepped down “by mutual agreement” after two years overseeing the maker of Guinness and Johnnie Walker. The London-based company said its board has started a search for Crew’s replacement and will consider internal…
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Unilever has appointed Jochanan Senf as the new CEO of Ben & Jerry’s amidst an ongoing dispute with the ice cream brand’s board. Senf has been involved with the Ben & Jerry’s brand for seven years, providing him with a…
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Latest News: Hershey Names Kirk Tanner as New CEO Hershey announced on Tuesday that Kirk Tanner, the current CEO of Wendy’s, will be taking over as the new CEO of Hershey starting on August 18th. Tanner brings over three decades…
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Key Points: Hain Celestial is in search of a new CEO following Wendy Davidson’s departure. The company is conducting a comprehensive review of its portfolio to enhance value. Despite its focus on healthier foods, Hain has seen a decline in…
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PepsiCo CEO Ramon Laguarta announced that the company will be expediting its shift towards natural ingredients in response to growing consumer demand and pressure from the White House to eliminate artificial colors from foods. Laguarta revealed during PepsiCo’s first-quarter earnings…
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Molson Coors CEO Gavin Hattersley to Retire by End of 2025 After six years at the helm, Molson Coors CEO Gavin Hattersley has announced his plans to retire by the end of 2025. The beverage giant’s board is actively searching…
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Key Points: Ben & Jerry’s CEO David Stever was fired by Unilever for supporting the brand’s social mission. Ben & Jerry’s alleges that Unilever has been trying to silence the brand’s social mission. Unilever planned to remove and replace Stever…
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Key Updates: Unilever has made the surprising decision to remove CEO Hein Schumacher in a bid to expedite its turnaround efforts. This comes after Schumacher served less than two years in the role. Fernando Fernandez, Unilever’s CFO, will take over…
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Nestlé is in a strong position to weather the impact of tariffs, according to the company’s CEO. Laurent Freixe stated that Nestlé benefits from its localized manufacturing footprint, with the majority of products being manufactured in the markets where they…