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).
Heineken recently announced it will create a Global Business Services organisation to deliver Purchasing and Business Process & Technology services across the company.
The Federation of European Specialty Food Ingredients Industries (ELC) elected a new board at its extraordinary general assembly yesterday, with Beneo’s Markwart Kunz voted president.
WILD managing director Hans-Peter Voss explains how decades of experience in natural ingredients enables the firm to create targeted market solutions for beverage makers.
Three ex-Ahold bosses have received suspended sentences and
€670,000 worth of fines from a Dutch court this week, in Europe's
largest ever executive fraud case.
Guilty or not guilty? The fate of four former Royal Ahold bosses
hangs in the balance today, as a Dutch court must deliver the
verdict on 2003's largest retail fraud case.
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...
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...
In a bid to improve its focus and accelerate growth from January
2003 UK chemical compny Croda International will have a new name
and a new structure to its European chemicals operations.
Opta Food Ingredients today announced a restructuring program that
is designed to reduce the company's overall cost structure by
approximately $1 million annually.
The Irish food group Kerry announced on June 25 that it had
received backing from the board of Golden Vale for a Euro252m
agreed offer for the rival...