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…
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CEO
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After separating into a standalone cereal business almost a year ago, WK Kellogg Co is making strides in expanding its market share within the breakfast category. CEO Gary Pilnick recently informed investors that nine out of WK Kellogg’s eleven major…
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Nestlé Appoints Laurent Freixe as New CEO Nestlé has announced that Laurent Freixe will take over as CEO on September 1, succeeding Mark Schneider, who has held the top position for nearly eight years. Freixe, currently serving as executive vice…
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Food News
How a former agriculture industry exec found himself CEO of cultivated meat company Meatable
Jeff “Trip” Tripician, with 38 years of experience in the agriculture industry, transitioned to dairy and then to meat during his career. He worked in various roles within marketing at Proctor & Gamble, Sara Lee, Borden Dairy, Frontier Natural Products,…
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The ongoing family feud at Lifeway Foods continues as CEO Julie Smolyansky’s relatives once again seek to remove her and the company’s board of directors, sparking a renewed conflict that has spanned several years. This week, her brother Edward Smolyansky…
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Amid rising inflation and financial pressures on U.S. households, PepsiCo has announced plans to reduce prices on select snacks to cater to value-conscious consumers. The food and beverage giant, known for brands like Fritos, Doritos, and Pepsi, highlighted the shift…
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Non-Alcoholic Beer Gaining Traction in the Market The CEO of Athletic Brewing, Bill Shufelt, highlighted the success of large beer companies in expanding their core offerings into the non-alcoholic space. This shift has provided a significant boost to the fast-growing…
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Key Takeaways: The CEO of McCormick & Co. emphasized the importance of innovation in driving product volumes for the company. In a recent conference call, Brendan Foley highlighted how innovation and marketing efforts have contributed to improved performance and will…
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