Executive leadership team broadens with c-suite additions
March 4, 2015
Talking Rain®, makers of Sparkling ICE®,added John Peirano as Chief Marketing Officer (CMO) who joins recent hire Marcus Smith as Chief Financial Officer (CFO), and recently promoted Michael Lowes as Chief Operating Officer (COO).
Alliance Consumer Growth enters agreement to sell KRAVE Jerky to The Hershey Company
March 3, 2015
Alliance Consumer Growth (“ACG”), a consumer-focused investment firm, announced that its partner company KRAVE Jerky (“KRAVE”) has agreed to be acquired by The Hershey Company ("Hershey"). Terms of the transaction were not disclosed.
AccelFoods identifies and invests in emerging brands that show the highest potential to disrupt categories
February 26, 2015
AccelFoods announced an incoming class of new companies. Six hand-selected startups will join the roster of promising brands backed by the AccelFoods platform. Acceptance into the program is a passport to accelerated, strategic growth.
Marques will report to Chairman and CEO Irene Rosenfeld
February 24, 2015
In this role, he will be responsible for leading the company's $7 billion business in the United States and Canada, which includes Power Brands like Oreo and belVita biscuits; Triscuit and Wheat Thins crackers, Halls candy and Trident gum. Marques succeeds Mark Clouse, who became the company's Chief Growth Officer in July 2014.
Smithfield's business operations will now be organized in alignment with the company's customers and managed as four divisions
February 23, 2015
Smithfield Foods, Inc. announced a realignment of its organization and key senior management appointments that unify all of its independent operating companies, brands, marketing, and more than 48,000 employees around the world under one corporate umbrella to accelerate the Company's growth and further its mission of providing "Good food. Responsibly."
CEO outlines clear focus on new growth strategies for the company, which address shifting consumer preferences in food
February 20, 2015
At the annual Consumer Analyst Group of New York conference in Boca Raton, Florida, General Mills chairman and CEO Ken Powell outlined a clear focus on new growth strategies for the company, which address shifting consumer preferences in food.
The move expands Hershey’s ongoing commitment to responsibly sourcing of the ingredients in its product portfolio
February 19, 2015
The Hershey Company announced it is demonstrating its dedication to goodness through its great-tasting, high-quality products by beginning a transition to simple and easy-to-understand ingredients.
Move could drive $200 Million in annual cost savings and streamline organization structure
February 19, 2015
The company will also discuss a major new cost reduction initiative and a significant initiative to simplify its organization structure in order to improve its agility in the marketplace. Campbell expects these steps to generate annual cost savings of at least $200 million over a three-year period.
The move expands the company's ready-to-eat sandwich platform with premium, handcrafted stuffed sandwiches
February 19, 2015
AdvancePierre Foods, a supplier of value-added protein and sandwich solutions to foodservice, retail and convenience channels, announced that it will acquire the manufacturing assets of Better Bakery, LLC (“Better Bakery”), a Valencia, Calif.-based manufacturer of premium stuffed sandwiches.
Enjoy Life offers more than 40 products, including cookies, chocolate, snack bars, and savory snacks
February 17, 2015
Mondelez International announced the acquisition of Enjoy Life Foods, a private U.S. snacking company and the market-leading brand in the fast-growing "free from" segment.