On the move
just-food examines executives on the move
13 February 2014
Nordic group Orkla has replaced former CEO Åge Korsvold just two years after he took the helm. With reports of boardroom strife in the Norwegian press, at first glance one might question whether the news is a function of internal factionalism. On closer inspection, however, it would seem Orkla has moved to another phase in its drive to become a branded consumer goods powerhouse by bringing in FMCG veteran Peter Ruzicka. Katy Askew reports.
29 January 2014
UK retailer Sainsbury's announced this morning (29 January) that chief executive Justin King will leave the company after ten fruitful years at the helm. In his successor, commercial director Mike Coupe, Sainsbury's appears to be looking for a smooth transition - and more of the same on the strategy front. Katy Askew reports.
4 December 2013
Doug McMillon may have followed Mike Duke's path at Wal-Mart with the move from head of international to the CEO's office and, in some ways, he has some foundations on which to build the next stage of the retailer's growth. But he faces some significant challenges ahead.
24 September 2013
US supermarket chain Kroger is fighting fit. The company has been growing market share for a number of quarters and a focus on expanding its store count has fuelled further expansion. The news CEO Dave Dillon is standing down will see him go out on top. Waiting in the wings is chief operating officer Rodney McMullen. The long-time Kroger executive represents a safe pair of hands as the retailer pushes on with its growth plans. Katy Askew reports.
30 August 2013
The European Food Safety Authority has commenced its search for a new executive director. However, as the processes of the food safety watchdog come under increasing public scrutiny and new challenges arise from the integrated nature of the global supply chain, heading up the regulator will be no easy task. Ben Cooper investigates.
9 May 2013
Delhaize Group is on the look-out for a new chief executive. The Belgium-based retail giant yesterday (8 May) issued a shock announcement revealing that CEO Pierre-Olivier Beckers plans to retire after 15 years at the helm. Michelle Russell takes a look at the shape Beckers will leave Delhaize in and the impact his departure could have on the grocer.
12 April 2013
The owners-elect of Heinz have effectively brought in their own man to run the US food giant. Dean Best looks at what the appointment of Burger King boss Bernardo Hees could mean for the ketchup maker.
29 January 2013
The surprise news the Premier Foods plc chief executive Michael Clarke has resigned sent shares in the food group down sharply yesterday (28 January). However, the company appears confident that Clarke's replacement, Gavin Darby, is the right man to lead the next phase of Premier's turnaround. Katy Askew reports.
22 January 2013
Sir Stuart Rose brings a dose of glamour, prestige and experience to the chairman's seat at Ocado, but don't expect miracles, analysts have warned.
4 January 2013
News that Safeway's long-standing CEO, Steve Burd, is to retire in May has spawned greater uncertainty among some analysts about the retailer's competitive position.
8 October 2012
The appointment of former Tesco UK chief Richard Brasher as Pick n Pay's new CEO last week may not be enough to turn around the fortunes of the South African supermarket operator, some analysts have suggested.
12 September 2012
The announcement that PepsiCo's president John Compton is to leave the group after less than eight months in the role has sparked fresh speculation over who will succeed Indra Nooyi as CEO.
7 August 2012
Speculation over the potential sale of United Biscuits' salty snacks division will start up again this week following the appointment of Kraft Foods' Nick Bunker as CEO of the unit.
6 August 2012
Paul Grimwood, the head of Nestle's operations in the UK and Ireland, is to move across the Atlantic to lead the Swiss food giant's US business. Grimwood will take the reins of Nestle's biggest market but one that is concerning analysts. Michelle Russell reports.
3 August 2012
With a name like Wayne Sales, the new chairman and CEO of US retailer Supervalu Inc seems born to be in the industry.
16 July 2012
News that Andrei Gusev will stand down as X5 Retail Group chief executive caused shares in the Russian retailer to sink to a 52-week low on Saturday (14 July). The market responded negatively to fears that an unstable management team will be unable to drive growth as X5 struggles to improve organic sales trends. The sudden nature of the announcement and lack of clarity over the reasons for Gusev's departure augmented these concerns. Katy Askew reports.
13 July 2012
Poundland's appointment of former Tesco finance director Andrew Higginson as its chairman is being seen as a major coup for the UK value retailer.
25 June 2012
The announcement from Morrisons that CFO Richard Pennycook plans to leave the company will come as a blow for the UK retailer. Morrisons is trading behind the market and Pennycook's exit serves to focus attention on the strategic problems that management is currently grappling with. Katy Askew reports.
4 May 2012
Seven months ago, Orkla CEO Bjørn Wiggen announced the Norwegian conglomerate would focus on the FMCG sector, earning praise from analysts in the process. This week, Orkla stunned the market with news that Wiggen had decided to resign. Eyebrows were raised further yesterday when it emerged the boss of Orkla's FMCG unit would also leave the business. Industry watchers believe the departures will not mean a change in direction but could suggest Orkla's owners were frustrated with the slow progress of the company's new strategy.
15 March 2012
Tesco UK CEO Richard Brasher will leave the business later this year, having only taken on leadership of the supermarket group's UK arm 12 months ago. In a move that signals the emphasis that Tesco is placing on improving its UK performance, Brasher will be replaced by group chief executive Philip Clarke. Katy Humphries reports.