Campbell Soup announces strategic reorganization, appoints COO

USA - Campbell Soup has announced a strategic reorganization to capitalize on the rapidly changing food industry landscape while aligning the business to the company’s strategies. According to the company, the new structure reorganizes its core business operations -including its important soup, simple meals and shelf-stable beverages portfolios and its powerful snacks portfolio -under the…

Diageo appoints Susan Kilsby to its Board of Directors

UK – Diageo, the British multinational alcoholic beverages company has appointed Susan Kilsby as a non-executive director to its board and a member of its Audit, Nomination and Remuneration Committees. Susan was appointed chairman of Shire Plc, an Irish-based global specialty biopharmaceutical company in 2014 after joining the drug maker in 2011. Also, she is…

Shoprite’s CFO Marius Bosman to resign in July

SOUTH AFRICA - Shoprite’s Chief Financial Officer Marius Bosman will be stepping down from his position in July, after the retailer completes its financial accounts for the year ending June, reports Business Day. He will however remain as a consultant, according to the market announcement by the firm, as he has served for as long…

Amul Dairy MD resigns, board refutes corruption allegation

INDIA- The managing-director of Anand-based Kaira District Co-operative Milk Producers Union Limited, popularly called Amul Dairy, has resigned and his resignation was accepted in a board meeting yesterday, the milk cooperative's chairman Ramsinh Parmar said. While K Rathnam's resignation comes amidst allegations of a Rs 450-crore corruption in allocation of tenders and recruitment at the…

Zambeef’s CEO and co-founder Carl Irwin retires

ZAMBIA - Carl Irwin, the joint CEO and co-founder of Zambian agribusiness enterprise Zambeef has retired at end of March after building the company into a ‘multi-national conglomerate’ together with other founders. Carl Irwin is said to have served 23 years of leadership at one of the leading food retailers in Zambia and South Africa. He has greatly…

New Zealand dairy coop Fonterra CEO resigns as company reports loss

NEW ZEALAND – New Zealand dairy co-operative Fonterra has announced that its Chief Executive Theo Spierings will be leaving his role and the company later in 2018, and that they had embarked on a process in search of a new CEO. As part of the succession process, the company has said the decision to resign…

Nestle announces winners of its Nestlé’s 2018 Creating Shared Value Prize

SWITZERLAND – Nestle has announced its joint winners for its Nestlé’s 2018 Creating Shared Value Prize who won US$157,107 each for their outstanding work in nutrition and rural development. According to the company, 'Mumm' from Egypt and 'Fishers and Changemakers' from the Philippines, the two social entrepreneurs are the joint winners of Nestlé’s 2018 Creating…

DowDuPont announces its Executive Chairman’s exit from the company

USA - DowDuPont has announced that Andrew N. Liveris will be transitioning out of the role as Executive Chairman, and then retiring as the Materials Science Division of the company progresses on its succession process. Mr. Liveris informed the Board that he will no longer serve as Executive Chairman of DowDuPont effective April 1, 2018.…

Joint venture to acquire Coca-Cola Refreshments Canada franchise

CANADA - The Coca-Cola Company has announced that Larry Tanenbaum O.C. and Junior Bridgeman have signed a non-binding Letter of Intent to acquire the company’s Canadian bottling and distribution business, Coca-Cola Refreshments Canada (CCRC). The acquirer will be a Canadian-based joint venture between Tanenbaum, the current President and CEO of Kansas City-based Heartland Coca-Cola Bottling…

COFCO names new COO and 5 new oilseed grain heads

SWITZERLAND- COFCO, the Chinese-owned agricultural firm has promoted Selina Yang as its new chief operating officer (COO), at the same time named 5 new heads for grains and oilseeds. In the newly created role, Yang will report to the CIL’s CEO, Johnny Chi with the mandate to promote coordination between the group’s global product lines…