Tag: Beverage

Lamb Weston
United States

Lamb Weston Announces Appointment of Michael J. Smith as President and Chief Executive Officer

Press Release – December 19, 2024 – EAGLE, Idaho – Lamb Weston Holdings, Inc. (NYSE: LW) announced today the appointment of Michael J. Smith, current Chief Operating Officer of Lamb Weston, as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective January 3, 2025. Mr. Smith succeeds Thomas P. Werner, who is stepping down as CEO and as a … Continue reading Lamb Weston Announces Appointment of Michael J. Smith as President and Chief Executive Officer

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PEPSICO
United States

PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION

PURCHASE, N.Y. and AUSTIN, Texas, Oct. 1, 2024 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire Garza Food Ventures LLC, dba Siete Foods (“Siete”) for $1.2 billion.  The acquisition will complement PepsiCo’s portfolio with the addition of an authentic, Mexican-American brand, while also growing its better-for-you food offerings. Siete products will bring a rich, new aspect to the PepsiCo … Continue reading PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION

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amorimcork
Africa, Europe

Plettenberg Bay’s Newstead Wines takes Best Producer Award at Amorim Cap Classique Challenge for 2nd Time

Plettenberg Bay winery Newstead Wines has been crowned overall winner of the Amorim Cap Classique Challenge for the second time in four years, this year winning the award for Best Overall Producer with the Newstead Blanc de Blanc Cap Classique 2017. The same wine also won the competition’s trophy for best wine in the Extended Aging Class for Cap Classique wines eight years and older. … Continue reading Plettenberg Bay’s Newstead Wines takes Best Producer Award at Amorim Cap Classique Challenge for 2nd Time

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Nestlé
Europe

Nestlé appoints Laurent Freixe as CEO of Nestlé S.A., Mark Schneider leaves the company

Vevey, Switzerland – [Ad hoc announcement pursuant to Art. 53 LR] The Board of Directors of Nestlé has appointed Laurent Freixe, currently Executive Vice President and CEO Zone Latin America (LATAM), as Chief Executive Officer Nestlé S.A., effective September 1. The Board has also nominated Laurent Freixe as a candidate for the Board of Directors at the 2025 Annual General Meeting. Mark Schneider, Chief Executive Officer, has … Continue reading Nestlé appoints Laurent Freixe as CEO of Nestlé S.A., Mark Schneider leaves the company

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Oliver Winery
United States

Oliver Winery Names Patrick Brown Chief Executive Officer

Proven CPG Leader to Lead Next Chapter of Growth for Major Wine Industry Player BLOOMINGTON, Ind. – Oliver Winery, the 30th largest winery in the U.S., today announced that Patrick Brown was named Chief Executive Officer, effective July 22, 2024. A consumer goods expert, Brown is a 30-year veteran of the highly competitive and fast-moving global consumer goods (FMCG) industry. His deep expertise across grocery, … Continue reading Oliver Winery Names Patrick Brown Chief Executive Officer

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