Shareholders of Brazil’s BRF SA elected Pedro Parente as chairman on Thursday, part of a broad board overhaul targeting a turnaround at the food company in the wake of a food safety probe that caused plant closures, an export ban and a fierce boardroom rift.
Parente, who is currently chief executive of oil company Petroleo Brasileiro SA, said if confirmed on Thursday he would stay on at Petrobras but resign from the board of stock exchange operator B3 SA Brasil Bolsa Balcão.
By Ana Mano and Marcelo Teixeira
Source: Reuters
Campari Group has nominated Simon Hunt as its new chief executive officer, marking a significant leadership transition for the spirits company. Hunt, an industry veteran with over 30 years of experience, is set to take the helm following a thorough evaluation process conducted by the board of directors.
Unilever is reportedly planning to sell a number of its food brands, including Unox, Conimex and The Vegetarian Butcher, which have a combined sales value of €1 billion (US$1.05 billion). The corporation’s CEO Hein Schumacher told Dutch financial daily the FD that sales were planned as part of a streamlining operation for its food businesses.
The multiyear collaborations aim to enable farmers in Poland, Hungary and the UK to adopt regenerative farming practices, such as crop rotation, minimal tillage and cover crops. Participating farmers will be able to receive training and invest in new methods while building know-how and confidence as barriers to adoption are reduced.
