Oman Flour Mills’ CFO to resign in May

ASIA - Oman Flour Mills has announced that its Chief Financial Officer, Salim Khairulla will be leaving the company Mid-May after tendering resignation citing personal reasons. Khairulla was appointed an interim Chief Executive Officer for Oman after its then CEO, Ali Habaj stepped down to join Oman Cables Industry at the end of June. He…

Arla introduces cost-cutting program, ‘Calcium’ to save 400m euros

DENMARK - Arla has unveiled a new program, ‘Calcium’, a transformative cost-cutting initiative which it said will enhance efficiency, thus saving more than US$492 million for the next three years. Based on Good Growth 2020 Arla strategy that aims to create value for farmer owners, the company remains committed to strong sustainable growth as it…

Arytza appoints former Unilever executive as CEO for Europe

SWITZERLAND - Arytza, the Swiss-Irish food group announced it has appointed Gregory Sklikas, former executive at Unilever and FrieslandCampina as new CEO for Europe effective May 2018. Gregory will succeed Dermot Murphy who’s stepping down, having served in the position for 20 years. He spent his career at Unilever for 14 years and 11 years…

2 Sisters Food Group to close its Scotland plant over food safety concerns

SCOTLAND – 2 Sisters Group, UK’S biggest supplier of supermarket chain has confirmed it will shut down its Scotland plant with hundreds of poultry workers losing their jobs due to the closure. According to the Guardian, the site which employs over 450 people has been battling with issues concerning food safety and standards in the…

Packaging manufacturer Schur Flexibles appoints new CEO

AUSTRALIA - Schur Flexibles Group, one of the leading providers of flexible packaging solutions in Austria and Europe has appointed Thorsten Kühn as its new Chief Executive Officer. The appointment came after serving as the vice-president of the company’s European PET business and as the regional head of the company’s Asia division while at the…

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…

Dairy firm to introduce Journalists Award to promote sector

TANZANIA - ASAS Dairies Ltd, a private dairy processing firm in Tanzania is contemplating on introducing Journalist Award to enhance growth in the sector by promoting existing opportunities as well as attract investments. According to Daily News, the award would motivate journalists to write more about prospective opportunities in the sector, in the long-run boost…

Hershey India appoints new Managing Director

INDIA- Confectionery and chocolate manufacturer Hershey Indiahas appointed Herjit S. Bhalla as the company’s new managing director, the company said in a statement. Bhalla brings extensive experience in building consumer, food and retail brands having spent more than 16 years in various sales and marketing, management roles at Unileverin India, Russia, Ukraine, and Belarus. In…