Campbell Soup Co. has eliminated the role of chief operating officer. Luca Mignini, formerly senior vice-president and c.o.o., has transitioned to the role of executive vice-president – strategic initiatives.
According to Campbell Soup, Mr. Mignini will remain in his new role until Aug. 1, at which point his role will be eliminated.
Mr. Mignini had been promoted to c.o.o. in April 2018 to go along with his title of president of Global Business and Snacks. With the promotion to c.o.o. he was tasked with the additional responsibilities of managing Campbell’s soup, simple meals and shelf-stable beverage businesses, the company’s sales organization and global product development.
The announcement was made as part of an April 2 filing with the U.S. Securities and Exchange Commission. In the filing, Campbell Soup also announced Keith R. McLoughlin had been elected chairman to succeed the retiring Les C. Vinney.
By Eric Schroeder
Source: Food Business News
IFF has announced that its chief financial and business transformation officer, Glenn Richter, will retire on 31 December 2024, following a three-year tenure with the company. IFF has initiated the process of selecting a successor for the CFO position, considering both internal and external candidates.
Saputo has announced that its president and CEO, Lino Saputo, will transition to the role of executive chair of the board. The transition is set to take place on 9 August, when Carl Colizza, the company’s current president and COO for North America, will assume the position.
The coffee giant said the funding will be used to install new tech, such as roasting equipment, increasing production line flexibility to make new products and flavours – including higher value-added products, – and technology updates to improve sustainability.
