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...
Seven in 10 of Morrisons’ management board have left the business since new ceo David Potts began work last month, notes City analyst Shore Capital, after the departure of group trading director Casper Meijer on Monday (April 13).
In a classic case of closing the stable doors after the horse has
bolted, Dutch retail group Ahold has today announced that it is to
introduce strict new rules on corporate governance a year after the
discovery of a €1 billion hole...
UK ingredients company S.Black has invested further in the
ingredients market, a principal growth area for the company, with
the announcement this week that it has acquired Universe
Ingredients, a UK supplier of prepared, dried food...
Henny de Ruiter, chairman of the Supervisory Board at embattled
Dutch retailer Ahold, has agreed to stand down, bowing to pressure
from shareholders. De Ruiter was blamed for agreeing a €10 million
pay package for new CEO Anders Moberg,...
Anders Moberg, new chief executive of embattled Dutch retailer
Ahold, has his work cut out to persuade investors and shareholders
that he is the right man for the job - and merits the €10m salary
he will receive. His first task may...
Sustainability leaders substantially outperform industry
competitors by up to 23 per cent and are set to continue to do so,
suggests a recent report on the global food retail industry by
Innovest Strategic Value Advisors.
Cranberry sales for US co-operative Ocean Spray Cranberries may be
booming in Europe but news this week that its CEO of three years,
Robert Hawthorne, has resigned led US ratings agency Moody's to
review a possible downgrade...
US Minnesota Corn Processors (MCP) announced on Thursday that it
has signed a merger agreement with US grain giant Archer Daniels
Midland (ADM). Under terms of the agreement MCP will merge with a
subsidiary of ADM.