Corporate Operations: Page 58
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Tyson to close offices in South Dakota, Chicago and relocate 1,000 workers
The meat and poultry giant said the positions would be transferred to its headquarters in Arkansas, and no layoffs would take place.
By Chris Casey • Oct. 6, 2022 -
Tyson employees’ COVID lawsuit reinstated
A federal appeals court resuscitated the case after being dismissed by a district court in June 2021. It claims the meat company acted with gross negligence, ending in wrongful death.
By Chris Casey • Oct. 5, 2022 -
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 -
Hostess Brands ‘betting big’ on smaller versions of classic treats to catch snacking competitors
Bouncers, tiny versions of Twinkies, Ding Dongs and Donettes, are the latest entry into the snacking space that has seen cookies, crackers and candy launch convenient bite-size portions.
By Christopher Doering • Oct. 5, 2022 -
Opinion
Why the food industry is the cause and the cure of unhealthy diets
The only way President Biden's lofty goals to end hunger and reduce diet-related diseases can be achieved is for the public and private sectors to work together, writes Greg Garrett of the Access to Nutrition Initiative.
By Greg S. Garrett • Oct. 5, 2022 -
Utz names Post Holdings executive as new CEO
Howard Friedman, currently COO of Post Holdings, will take the helm of the snack maker on Dec. 15, and Dylan Lissette will become executive chairman of the board.
By Christopher Doering • Oct. 4, 2022 -
Preston Keres. (2018). "20181128-AMS-PJK-3666_TONED" [photograph]. Retrieved from USDA.
Plant employees can perform meat inspections, court rules
The new measure does not interfere with the federal government’s responsibility to ensure food is safe, according to the opinion.
By Megan Poinski • Oct. 3, 2022 -
Egg producer Cal-Maine Foods names insider to CEO role
Sherman Miller, who has served in various management positions during his 26-year tenure at the company, replaces Dolph Baker in the top post.
By Christopher Doering • Oct. 3, 2022 -
JBS shutters Planterra brand after 2 years
The global meat giant’s decision to close down its U.S. plant-based company is the latest blow for the once-hot sector.
By Megan Poinski • Oct. 3, 2022 -
Opinion
How producers are driving a more connected food ecosystem
Players in the middle of farmers and consumers will need to evaluate their business models to see where they fit, and embrace agility and resilience, writes Ernst & Young’s Bill McClure.
By Bill McClure • Sept. 30, 2022 -
Hostess nabs Kimberly-Clark exec as chief supply chain officer
The Twinkies maker is looking to enhance productivity after struggling with supplier delays and ingredients shortages.
By Sarah Zimmerman • Sept. 29, 2022 -
ADM CFO sees ag giant’s pivot paying off in profits, crucial food security
Vikram Luthar, appointed CFO of Archer Daniels Midland in April, gained a keen awareness of the value of affordable healthy food growing up in India.
By Maura Webber Sadovi • Sept. 29, 2022 -
Uncrustables adds frozen meat and cheese bites to lineup
The fast-growing J.M. Smucker offering is debuting smaller versions in Uncured Ham & Cheddar and Turkey & Colby Jack, which thaw in time for lunch.
By Megan Poinski • Sept. 29, 2022 -
Impossible Foods founder Pat Brown to lead a new company venture
The medical doctor and outspoken critic of animal agriculture will be heading a separate group dedicated to “transformative innovation,” Business Insider reported.
By Megan Poinski • Sept. 28, 2022 -
Smithfield to pay $75M in latest pork antitrust deal
This settlement, involving at least 17.6 million consumers, follows JBS’ agreement to pay $20 million to purchasers this month.
By Chris Casey • Sept. 28, 2022 -
Food industry makes commitments at White House summit on hunger
Several companies, from Chobani to Tyson, unveiled plans to improve health and nutrition, including reformulating products and revamping labels.
By Megan Poinski • Updated Sept. 30, 2022 -
MorningStar Farms plant workers reject union deal
Employees at an Ohio factory producing plant-based products voted 141 to 82 against unionizing, allowing its owner Kellogg to avoid another labor crisis.
By Chris Casey • Updated Sept. 27, 2022 -
Unilever CEO retiring at the end of next year
Alan Jope has worked at Unilever for more than 35 years and was appointed CEO in 2019. The company behind Hellmann’s and Ben & Jerry’s is beginning a search for his replacement.
By Megan Poinski • Updated Sept. 26, 2022 -
Beyond Meat chief supply chain officer to depart
Bernie Adcock, a Tyson veteran who joined the company in December, said he was leaving to pursue other opportunities. The company just suspended its chief operating officer following an arrest last week.
By Megan Poinski • Sept. 26, 2022 -
Chobani names exec to expand presence in international markets
The Greek yogurt giant appointed Kenneth Bishop to help grow the company outside the U.S, an area it has identified as a “large opportunity” and “meaningful growth driver.”
By Christopher Doering • Sept. 23, 2022 -
JBS hires its first sustainability officer
Jason Weller joins the beef giant after serving as vice president of Land O’Lakes sustainability arm Truterra, where he led an effort to incentivize more climate-friendly agriculture practices through carbon credits.
By Chris Casey • Sept. 22, 2022 -
Campbell Soup launches first major brand in 6 years: FlavorUp boosts
The squeezable flavoring targets busy millennials who enjoy restaurant-quality meals. It will be the CPG’s first venture into the seasoning aisle.
By Christopher Doering • Sept. 22, 2022 -
Behind 5 food and beverage sustainability programs receiving USDA funding
Tyson and Land O’Lakes’ sustainability arm Truterra were among the 70 projects that received grants to facilitate climate-smart agricultural practices.
By Chris Casey • Sept. 21, 2022 -
Beyond Meat suspends COO following arrest
The plant-based meat company said Senior Vice President of Manufacturing Operations Jonathan Nelson will perform the job in the interim.
By Megan Poinski • Sept. 21, 2022 -
Ben & Jerry’s co-founders say Unilever violated merger agreement
The ice cream brand's founders told MSNBC the sale of its Israel operations went against the section of the deal that gave an independent board control over social responsibility matters.
By Chris Casey • Sept. 20, 2022 -
Perfect Day launches biotech-as-a-service business
The precision fermentation leader’s new venture, nth Bio, will help companies with research and development, scale up and regulatory review. Its first partnership is with animal-free egg protein maker Onego Bio.
By Megan Poinski • Sept. 20, 2022