Nestlé chairman Paul Bulcke to step down early
Nestlé chairman Paul Bulcke is stepping down earlier than planned in the wake of the shock departure of CEO Laurent Freixe…
Baby Food
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Hain Celestial to “aggressively” cut portfolio as shares slide on $531m loss
Hain Celestial plans to “aggressively” trim the US food and drink major’s portfolio under interim president and CEO Alison Lewis.…
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UK food, drinks body takes swipe at government’s “inflation-fuelling” policies
The Food and Drink Federation (FDF) has taken a swipe at UK government policy as an uptick in grocery inflation…
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Nestlé leans on scale with new CEO to add fresh “perspective”
Nestlé’s new CEO is likely to bring a change of “pace” as the company ups its game to drive organic…
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Jatcorp CEO Sunny Liang steps down
Australian milk powders business Jatcorp has revealed its CEO and director Sunny Liang, has resigned from the business after just…
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No more “boring” Nestlé – what next after shock CEO sacking?
Nestlé’s reputation as one of the consumer goods sector’s dependable names has taken a knock over the last couple of…
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Nestlé dismisses CEO after “undisclosed romantic relationship”
Nestlé has dismissed CEO and company veteran Laurent Freixe after an “undisclosed romantic relationship with a direct subordinate”. In a statement…
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Mengniu Dairy H1 profits slide as revenues curdle
China Mengniu Dairy saw its profits fall in the first half of the year as sales were hit, in part,…
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Bubs Australia reports first annual profit
Infant formula maker Bubs Australia has reported its first annual profit, largely driven by its US operations. The company recorded…
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Texas investigates Gerber, Plum Organics for heavy metals in baby food
Texas Attorney General (AG) Ken Paxton has launched an investigation into baby-food manufacturers Gerber and Plum Organics for allegedly misleading…
