Tag: FOOD

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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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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Alphia
United States

Alphia Names New Chief Operating Officer to Leadership Team

The Leading Pet Food Manufacturing Brand Welcomes John Bear to the C-Suite DENVER – Alphia, the largest pet food co-manufacturer in North America, announces the appointment of John Bear as Chief Operating Officer effective immediately. In this role, John will be responsible for managing the day-to-day operations of the company including operational strategies, ensuring efficiency in achieving business goals, improving internal processes, crisis management, and … Continue reading Alphia Names New Chief Operating Officer to Leadership Team

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Alphia
United States

Alphia Names New C-Suite Executives to Strengthen its Leadership Team

The Leading Pet Food Manufacturing Company Welcomes Cade Culver as Chief Growth and Transformation Officer and Jack Reid as Chief People Officer DENVER – Alphia, a leading national manufacturer of pet food in the U.S., today announced the appointment of Cade Culver as Chief Growth and Transformation Officer and Jack Reid as Chief People Officer, effective immediately. In these roles, Cade will be responsible for … Continue reading Alphia Names New C-Suite Executives to Strengthen its Leadership Team

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Cargill
United States

Three Cargill Innovations Win the Prestigious 2024 Edison Awards™

Cargill honored for innovations across the smart transportation, health & beauty care solutions, social & cultural impact – environmental solutions categories WAYZATA, Minn.–(BUSINESS WIRE)–The Edison Awards™, named after the American inventor Thomas Alva Edison, recognize some of the most innovative products and business leaders in the world. For the second consecutive year, Cargill is honored to win three 2024 Edison Awards™ for innovations in Smart … Continue reading Three Cargill Innovations Win the Prestigious 2024 Edison Awards™

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PROVI
Global, United States

Provi Welcomes Seasoned Chief Financial Officer to Drive Organizational Strategy Forward

March 12, 2024 09:26 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Provi, the largest online marketplace for the beverage alcohol industry, today announced the appointment of Kevin Price as its Chief Financial Officer (CFO). With a proven track record of success and extensive experience in financial operations and strategy, Price brings a wealth of expertise to Provi. “His extensive experience within growing companies will accelerate our ability … Continue reading Provi Welcomes Seasoned Chief Financial Officer to Drive Organizational Strategy Forward

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Campbell
Global, United States

Campbell Completes Acquisition of Sovos Brands, Inc.

March 12, 2024 08:35 AM Eastern Daylight Time CAMDEN, N.J.–(BUSINESS WIRE)– Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion. “This important milestone in Campbell’s history adds several market-leading and scaled premium brands to our company,” said Campbell’s President … Continue reading Campbell Completes Acquisition of Sovos Brands, Inc.

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United Natural Foods
Global, United States

United Natural Foods Names Giorgio Matteo Tarditi President and Chief Financial Officer

Former GE Executive to help accelerate performance, value creation, and customer- and supplier-focused transformation PROVIDENCE, R.I.–(BUSINESS WIRE)–United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announced that Giorgio “Matteo” Tarditi has been named President and Chief Financial Officer (CFO), effective April 15. He succeeds John W. Howard, UNFI’s current Chief Financial Officer, who will leave the Company following a transition period. “I am … Continue reading United Natural Foods Names Giorgio Matteo Tarditi President and Chief Financial Officer

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