Nestlé reorganises waters business, plans to return US$20.1bn to investors

SWITZERLAND – The world’s leading food and beverage firm, Nestlé has announced changes in its waters business and unveiled plans of returning as much as US$20.1 billion to shareholders by 2022 through a new stock […]

M&S announces four new senior appointments to strengthen its food business

UK – Mark & Spenser (M&S) has announced four new senior appointments as the British retailer moves to reinforce its food division ahead of the online joint venture with Ocado next year. The retailer has […]

Walmart chief executive for US Greg Foran to step down early 2020

USA – Walmart Inc has announced that its chief executive in charge US operations, Greg Foran will be leaving the company at the end of January 2020. The American retailer has appointed the head of […]

PepsiCo appoints Lowden as the company’s first chief sustainability officer

USA – PepsiCo has named Simon Lowden as its first Chief Sustainability Officer as company advances its agenda to help build a more sustainable food system. In this new role, effective immediately, Lowden will be […]

Fonterra appoints Fraser Whineray as new chief operating officer

NEW ZEALAND – Fonterra has appointed Fraser Whineray to its management team in the newly created role of Chief Operating Officer, starting in early 2020. Mr Whineray will join the dairy cooperative form the New […]

Dean Foods finance chief Jody Macedonio steps down

USA – American food and beverage major Dean Foods has announced that the chief financial officer Jody Macedonio has stepped down from the position. Macedonio departure from the company comes just 19 months after her […]