Corporate Operations: Page 31
-
Courtesy of Impossible Foods
Impossible Foods makes executive changes for a ‘decisive year,’ CEO says
The plant-based pioneer appointed Colgate-Palmolive veteran Elaine Paik as its new CFO, while former Heaven Hills Brands exec Emma Hutchens takes over as chief people officer.
By Elizabeth Flood • Jan. 23, 2024 -
Courtesy of Athletic Brewing
How Athletic Brewing plans to prevail past Dry January
The nonalcoholic beer category leader is focused on educating moderation-minded drinkers about the nutritional benefits of the products, its CEO told Food Dive.
By Chris Casey • Jan. 23, 2024 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
Courtesy of Hormel Foods
Justin’s turns to healthier ingredients to challenge M&M’s
The organic brand avoids synthetic dyes and artificial sweeteners. It is the first major confectionery launch for the Hormel Foods-owned product in 13 years.
By Christopher Doering • Jan. 23, 2024 -
Christopher Doering/Food Dive
Celsius broadens international reach with distribution deals in Canada, UK
The energy drink maker also has identified Germany, Japan and Australia as “big opportunities” for new markets as it increases its reach outside the U.S.
By Christopher Doering • Jan. 22, 2024 -
Courtesy of Vita Coco
Deep DiveTwo decades after its founding, Vita Coco is still fighting to silence skeptics
After weathering a demand downturn in coconut water and competition from Coca-Cola and PepsiCo, co-founder Mike Kirban said the brand can still avoid the same fate that doomed other once-trendy drinks.
By Christopher Doering • Jan. 22, 2024 -
Zapp2Photo/Shutterstock.com
Sponsored by BalanceHow tech-savvy food distributors can grow through enhanced payment experiences
Discover three benefits that food distributors can gain by embracing a digital payment solution.
Jan. 22, 2024 -
Permission granted by Caribou Coffee
JDE Peet’s reaches $260M licensing deal with Caribou Coffee
The transaction will allow JDE Peet’s to expand its premium portfolio in North America, while giving Caribou the ability to focus on its growing coffeehouse business.
By Christopher Doering • Jan. 19, 2024 -
Tim Boyle via Getty Images
PepsiCo names insider to head North America beverage operations
Ram Krishnan, who joined the company in 2006, will succeed Kirk Tanner who is leaving on Feb. 2 to become CEO of restaurant chain Wendy’s.
By Christopher Doering • Jan. 19, 2024 -
Courtesy of General Mills
Yoplait muscles into protein space with new yogurt
The General Mills brand is taking aim at Chobani with its new offerings, designed for consumers seeking an alternative to Greek yogurt.
By Chris Casey • Jan. 19, 2024 -
Chet Strange via Getty Images
US, UK lawmakers urge SEC to scrutinize JBS listing
The global meatpacker's ties to deforestation and its history of misleading investors are cause for concern, critics say.
By Sarah Zimmerman • Jan. 19, 2024 -
Courtesy of Diageo
Diageo settles legal dispute with Diddy over spirits brands
The alcohol giant, which is cutting ties with the rapper, will remain the sole owner of DeLeón tequila and Cîroc vodka.
By Chris Casey • Jan. 17, 2024 -
Courtesy of Jones Soda Co.
New flavors, formats driving cannabis-infused food and beverage products: Mary Jones
The Jones Soda brand has its sights on new products, including a new candy launch, as national efforts mount to reclassify marijuana.
By Chris Casey • Jan. 16, 2024 -
Retrieved from Ferrara.
Ferrara discontinues Fruit Stripe and Super Bubble gums
The company quietly ended production of both brands in 2022 amid a multi-year decline in consumption of the confection.
By Christopher Doering • Jan. 16, 2024 -
Courtesy of Nestle
Deep DiveThe key for growth in 2024 is innovation. Will more CPG companies embrace it?
Analysts said new products are more important than ever as consumers curtail their spending, seek items loaded with attributes important to them and navigate through a plethora of choices.
By Christopher Doering • Jan. 16, 2024 -
Courtesy of Farther Farms
Major french fry producer hit with potato surplus as restaurant demand falters
Lamb Weston reported a $71 million charge to write off the excess supply, with the processor noting inflation-wary consumers are dining out less.
By Sarah Zimmerman • Jan. 15, 2024 -
Courtesy of Suja Organic
Suja Organic enters protein shakes category
The brand known for cold-pressed juice is capitalizing on the growing demand for products with high protein.
By Chris Casey • Jan. 11, 2024 -
Permission granted by Chobani
Chobani names PepsiCo executive as chief customer officer
John Frost will help the Greek yogurt giant grow its business and integrate its recently acquired La Colombe coffee brand.
By Christopher Doering • Jan. 10, 2024 -
Courtesy of Indigo Ag
Former Tyson CEO to helm carbon farming startup Indigo Ag
Dean Banks joins as the company, which also manufactures alternative fertilizers, closes a $270 million fundraising round.
By Nathan Owens • Jan. 10, 2024 -
Courtesy of Beyond Meat
Beyond Meat CFO takes on chief accounting officer responsibilities
Following Henry Dieu’s departure from the plant-based pioneer, Lubi Kutua is adding to his already full plate.
By Elizabeth Flood • Jan. 10, 2024 -
Courtesy of Hain Celestial
Hain Celestial launches better-for-you offering in $9B tortilla chip category
The product fills a void in the category dominated by PepsiCo’s Doritos and Tostitos and smaller diet-focused snacking brands geared toward adults.
By Christopher Doering • Jan. 10, 2024 -
Courtesy of Kellogg
4 top convenience store snack trends for 2024
From high-protein options to eye-grabbing new flavors, here’s how experts expect the space to play out in coming months.
By Christine Blank • Jan. 9, 2024 -
Permission granted by Celsius
Q&ABeverage Diaries: What Celsius Holdings EVP Toby David does in a day
The former pro baseball player, turned CPG exec, shares his unusual journey from the big leagues to the C-suite and what gets him through his day.
By Lauren Elkies Schram • Jan. 9, 2024 -
Aja Koska via Getty Images
6 food trends to watch in 2024
Artificial intelligence will play a more prominent role in the new year as plant-based, traditional meat and breakfast cereal manufacturers face challenges in their sectors.
By Food Dive Staff • Jan. 9, 2024 -
Sandra Mu via Getty Images
Minnesota lost 7% of its dairies in a year
The state reported a net loss of 58 permits in November alone as farmers across the country struggled with high input costs and low commodity values.
By Nathan Owens • Jan. 8, 2024 -
Courtesy of Nissin Foods USA
Nissin Foods USA appoints CPG veteran as CEO
The company tapped Brian Huff, a former Kellogg executive, to help it capitalize on “unprecedented” demand for its ramen noodles in the U.S.
By Chris Casey • Jan. 8, 2024
Previous
