US: Hillshire Brands poaches Kraft exec for strategy VP role
Hillshire Brands appoints VP of strategy
Hillshire Brands has announced that Brian Davison has joined the company from Kraft Foods as VP of corporate strategy and development.
Hillshire, formerly the North American meat business of Sara Lee, said Davison began his role on 2 January. He was previously VP of strategic planning at Kraft.
At Hillshire, Davison will be responsible for acquisition, merger and divestiture activities, strategic planning and implementing high impact projects, the firm said. One of his main tasks will be to help implement Hillshire's three-year strategic plan for profitable growth, published in September last year.
"Brian has deep food industry and consumer knowledge that he uses to create high impact strategic and operational plans,” said Hillshire's CEO, Sean Connolly.
Last month, Hillshire announced it had agreed to sell its Australia and New Zealand bakery business, Kitchens of Sara Lee, to McCain Foods.
THE HILLSHIRE BRANDS COMPANY ANNOUNCES BRIAN DAVISON WILL BECOME SENIOR VICE PRESIDENT, CORPORATE STRATEGY AND DEVELOPMENT
CHICAGO, Ill., Jan. 3, 2013 – The Hillshire Brands Company (NYSE: HSH) today announced that Brian Davison, 47, joined the company as senior vice president, corporate strategy and development. Davison will be responsible for acquisition, merger and divestiture activities, strategic planning and implementing high impact projects. He joined the company on Jan. 2, and will report to Sean Connolly, chief executive officer.
“Brian has deep food industry and consumer knowledge that he uses to create high impact strategic and operational plans,” said Connolly. “His addition to our management team will help focus our business development activities and build additional momentum for companywide operational improvement priorities.”
Davison joins Hillshire Brands from Kraft Foods, Inc., where he was vice president strategic planning. At Kraft, he was responsible for leading global strategic planning, developing portfolio strategy, and advising on a variety of strategic matters and projects.
Prior to Kraft, Davison was a principal at Booz & Company, Inc., where he led a wide variety of strategy and business development projects in the consumer, pharmaceutical and agribusiness industries.
Davison has a Bachelor of Science in Chemical Engineering from the University of Illinois as well as a Master of Business Administration from the University of Chicago.
About The Hillshire Brands Company
The Hillshire Brands Company (NYSE: HSH) is a leader in meat-centric food solutions for the retail and foodservice markets. The company generates approximately $4 billion in annual sales and has approximately 9,500 employees. Hillshire Brands’ portfolio includes iconic brands such as Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery and Chef Pierre pies, as well as artisanal brands Aidells and Gallo Salame. The company, formerly known as Sara Lee Corporation, began trading under the “HSH” ticker symbol on June 29, 2012, following the spinoff of its international coffee and tea business. For more information on the company, please visit www.hillshirebrands.com.
Original source: http://www.hillshirebrands.com/en/NewsAndMedia/2013News/January/THE-HILLSHIRE-BRANDS-COMPANY-ANNOUNCES-BRIAN-DAVISON-SVP-CORPORATE-STRATEGY-AND-DEVELOPMENT.aspx
Sara Lee Foodservice is now solely focused on bakery products and chilled processed meat....
McCain Foods India previously focused mainly on sales for out-of-home consumption, as the bulk of its business was contributed by quick-service restaurants, hotels and cafés, such as McDonald’s, KFC, ...
McCain Foods will have to offload the Lutosa retail brand in Europe after the EU looked into the impact of the Canadian giant's acquisition of the business from rival PinguinLutosa....
- Analysis: Is Heinz, Kraft merger "a growth story"?
- McDonald's antibiotics move may be seminal moment
- M&A Watch: Who could be on 3G Capital's radar?
- Viewpoint: Faber-led Danone gets realistic
- Green Giant talk underlines pressure at Gen Mills
- UPDATE: Heinz, Kraft strike merger agreement
- Kraft "in buyout talks" with Heinz owner 3G
- Heinz to cut 71 jobs at UK plant
- Infographic: Heinz, Kraft unveil combined business
- Buffett: Kraft Heinz to withstand health focus