Tag: Food and Beverage

PepsiCo to Acquire poppi
United States

PepsiCo to Acquire poppi

Press Release – PURCHASE, N.Y. and AUSTIN, Texas, March 17, 2025 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) (“PepsiCo”) today announced that it has entered into a definitive agreement to acquire poppi, a fast-growing prebiotic soda brand, for $1.95 billion, including $300 million of anticipated cash tax benefits for a net purchase price of $1.65 billion. The transaction also includes an additional potential earnout consideration subject to the achievement of certain performance milestones within … Continue reading PepsiCo to Acquire poppi

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Panera Bread
United States

Panera Bread Announces Santhosh Kumar as Chief Information Officer

Press Release – February 06, 2025 – ST. LOUIS – Panera Bread, a leader and pioneer in the fast casual restaurant industry, today announced that Santhosh Kumar has joined the company as Chief Information Officer, effective February 12, reporting to Interim CEO Paul Carbone. Kumar will lead the company’s technology organization, responsible for the development, integration and deployment of technology across more than 2,200 Panera … Continue reading Panera Bread Announces Santhosh Kumar as Chief Information Officer

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ATLAS
Africa, Europe

ATLAS Launches Groundbreaking 2×30 Challenge at Davos: Doubling Investments in Africa’s Agri-Food Systems by 2030

Press Release – Paris, France – 20 January, 2025 – At this year’s World Economic Forum, ATLAS (Agricultural Transitions Lab for African Solutions, an initiative of the Paris Peace Forum) is unveiling the 2×30 Challenge, which calls for doubling annual investments in Africa’s agri-food systems by 2030 – from $50 billion to $100 billion. This is a transformative step toward building more productive and resilient food systems across the continent. African agriculture currently receives less than 3% … Continue reading ATLAS Launches Groundbreaking 2×30 Challenge at Davos: Doubling Investments in Africa’s Agri-Food Systems by 2030

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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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ChowNow
United States

ChowNow Announces Kanika Soni as New Chief Executive Officer

Press Release – December 11, 2024 – LOS ANGELES – ChowNow, a leader in online ordering and delivery for local restaurants, is pleased to announce the appointment of Kanika Soni as its new Chief Executive Officer, effective immediately. Kanika brings over twenty years of experience in the consumer tech sector with a proven track record of driving growth and innovation. “It’s an exciting time to … Continue reading ChowNow Announces Kanika Soni as New Chief Executive Officer

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