Welcome to The Weekly Sip, Food Dive’s column dedicated to the latest news in the dynamic and expanding beverage industry. From exciting product launches to major investments and trending topics, this column aims to keep you updated on all things…
CEO
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Key Points: Hershey CEO Michele Buck is set to retire on June 30, 2026, after 20 years with the company and taking over as CEO in 2017. The succession planning process has begun to find her replacement. During her time…
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Food News
Danone accuses Lifeway of allowing its CEO to engage in ‘self-dealing’ and ‘value destruction’
Danone Accuses Lifeway Foods CEO of Self-Dealing and Value Destruction Danone, a major dairy company, has accused the CEO of kefir maker Lifeway Foods, Julie Smolyansky, of engaging in self-dealing, waste, and value destruction. In a letter dated December 30,…
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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…