Trian Fund Management CEO Nelson Peltz, who pushed for a merger between Mondelēz and PepsiCo five years ago, will stand down from Mondelez’s Board of Directors as the Cadbury maker names two new members.
Raisio chief executive officer Matti Rihko tells us he is moving onto a new venture later this year and was proud to have overseen Raisio’s transition from a challenged regional player into a “profitable international brandhouse” in his 10 years at the...
The Hershey Company has announced John P. Bilbrey will retire from his role as CEO and president, but he will continue as non-executive chairman of the Board.
Hershey has appointed Patricia A. Little as its new chief financial officer, while Mondelēz has named Roberto Marques as president of its North America business.
Kraft Foods global snacks spin-off Mondelez International has appointed Patrick T. Siewert to its Board of Directors to increase its knowledge of the emerging Asian market.
David J. West has resigned from the top job at Hershey’s to take on the role of CEO at Del Monte – and John P. Bilbrey has been appointed as interim president and CEO at The Hershey Company.
The Russian confectionery market, the second largest in the world, will see growth of 14-16 per cent next year, according to chocolate manufacturer Cadbury.