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…
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During a time of food insecurity and disruption, Nuritas, a food tech company, is dedicated to improving the lives of billions worldwide by utilizing artificial intelligence to enhance and streamline the discovery process for plant-based peptide ingredients. Established in 2014,…
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Dive Brief: Spindrift Beverage has announced a majority stake sale to private equity firm Gryphon Investors, with former Boston Beer head Dave Burwick taking over as CEO. Spindrift, known for its low-sugar sparkling water with real fruit flavors, has seen…
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Key Highlights: Hormel Foods CEO James Snee to retire after nearly four decades with the company at the end of fiscal year 2025. A search committee has been formed to find a successor for Snee, considering both internal and external…