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Hormel Foods announces corporate restructuring, leadership changes and spin-off of Justin's nut butter business

Hormel Foods announces corporate restructuring, leadership changes and spin-off of Justin's nut butter business

Hormel Foods, the company behind brands such as Spam and Hormel Black Label Bacon, has announced a series of significant developments designed to position the business for long-term growth and operational efficiency.

Appointments
United Dairy Farmers names Michael Ahmed as CEO

United Dairy Farmers names Michael Ahmed as CEO

United Dairy Farmers (UDF) has announced the retirement of president and CEO Brad Lindner and the appointment of Michael Ahmed as his successor.

Dairy
Claire Bara appointed CEO of Yoplait Liberté Canada

Claire Bara appointed CEO of Yoplait Liberté Canada

Yoplait Liberté Canada has announced the appointment of Claire Bara as its new chief executive officer, effective immediately.

Appointments
John Savage takes helm as IOFI president

John Savage takes helm as IOFI president

John Savage, president and CEO of taste at Kerry Group, has been appointed president of the International Organization of the Flavor Industry (IOFI).

Appointments
Coca-Cola appoints tech entrepreneur and PayPal co-founder to board of directors

Coca-Cola appoints tech entrepreneur and PayPal co-founder to board of directors

Levchin brings a wealth of experience in tech and entrepreneurship, having co-founded Confinity, which later evolved into PayPal.

Appointments
Nestlé announces $3.7bn cost-cutting strategy and 16,000 job cuts

Nestlé announces $3.7bn cost-cutting strategy and 16,000 job cuts

Nestlé is set to reduce its workforce by 16,000 positions, representing 6% of its global staff, as new CEO Philipp Navratil accelerates a strategic turnaround.

Business
Liquid Death appoints Ricky Khetarpaul as CFO to Drive Growth in Beverage Sector

Liquid Death appoints Ricky Khetarpaul as CFO to Drive Growth in Beverage Sector

Liquid Death has announced the appointment of Ricky Khetarpaul as chief financial officer.

Appointments
Cargill appoints Andrew MacPherson as CEO of Teys Beef processing business

Cargill appoints Andrew MacPherson as CEO of Teys Beef processing business

Cargill has appointed Andrew MacPherson as the new CEO of Teys, a key player in the Australian beef processing sector.

Appointments
PepsiCo appoints Steve Schmitt as CFO, succeeding Jamie Caulfield

PepsiCo appoints Steve Schmitt as CFO, succeeding Jamie Caulfield

PepsiCo has announced today the appointment of Steve Schmitt as executive vice president and chief financial officer, effective November 10 2025.

Appointments
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