Corporate Operations: Page
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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 -
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 -
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 -
Why Nestlé is confident its portfolio overhaul has primed it for success
North America CEO Steve Presley said the CPG is in a stronger position despite an unpredictable environment after turning over 40% of its U.S. business to focus on faster-growing, trendier offerings.
By Christopher Doering • Sept. 19, 2022 -
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Creating a secure ad strategy in an inflated environment
A bulletproof ad strategy during uncertain times is the key to building brand success.
Sept. 19, 2022 -
Sponsored by NielsenIQ
Consumers grow cautious: A look at how they navigate inflation
8 in 10 U.S. consumers have changed how they shop to manage expenses, see how and which shoppers.
Sept. 19, 2022 -
Alcohol is in ‘the experimentation bucket’ for Coca-Cola, CEO says
James Quincey told analysts the beverage giant wants to see whether early innovations gain traction before deciding whether to invest larger sums of money and make booze a bigger part of its future.
By Christopher Doering • Sept. 16, 2022 -
Beam Suntory to invest $400M in sustainable expansion of Jim Beam distillery
The project will increase the Kentucky facility’s capacity by 50% while cutting its greenhouse gas emissions in half.
By Christopher Doering • Sept. 16, 2022 -
Potential food crisis averted as rail strike deal is reached
The agriculture industry warned a shutdown would have overwhelmed grain storage facilities and delayed deliveries, dealing a blow to a food sector already reeling from inflation and supply chain challenges.
By Chris Casey , Sarah Zimmerman • Sept. 15, 2022 -
PepsiCo, ADM partner to cut carbon through regenerative agriculture
Once implemented, the companies said projects could reach 2 million acres of farmland by 2030 and eliminate 1.4 million metric tons of greenhouse gases.
By Christopher Doering • Sept. 15, 2022 -
Inflation, supply chain woes weigh on spice maker McCormick
The flavoring giant is among a handful of food and beverage makers to lower their outlook or report challenges to their businesses in recent months amid a volatile economic environment.
By Christopher Doering • Sept. 15, 2022 -
JM Smucker creates Transformation Office to drive profits
Amy Held will lead in the new role of chief transformation officer, as the maker of Jif and Folgers prioritizes productivity and margin enhancement.
By Samantha Oller • Sept. 15, 2022