The importance of expanded rheology information and emulsifier functionality in chocolate production
Palsgaard
When the deal was first announced in April, it was thought that Perez would remain as CEO. He will receive $25m (€19b) in severance pay and will remain at the firm in an advisory capacity until the end of the year.
Perez is to be replaced by Dushan Petrovich, currently senior vice president and chief administrative officer of Wrigley.
No reasons were given for Perez’s departure.
