Corporate Governance

Milka maker names new Board members as Peltz concentrates on Procter & Gamble. ©GettyImages-zoliky

Activist investor Nelson Peltz to leave Mondelēz Board

By Oliver Nieburg

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.

Hershey appoints special committee to find next CEO as incumbent to leave on July 1, 2017. ©iStock/tupungato

Hershey CEO J.P. Bilbrey to leave post

By Oliver Nieburg

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.

Mondelez appoints Asia specialist to board

Mondelez appoints Asia specialist to board

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 West: The new man at Del Monte

David West leaves Hershey to lead Del Monte

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.

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