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
Two Tetra Pak production sites in Europe are now certified to produce packaging with recycled polyethylene (rPE) polymers, according to the Roundtable on Sustainable Biomaterials (RSB) Chain of Custody mass balance attribution method.
Cargill has appointed Brian Sikes as its chief operating officer (COO), a role in which he will also serve as a management director on the company’s board.
Heineken has reached an agreement with The Coca-Cola Company and the Coca-Cola System in Brazil to redesign their long-standing distribution partnership in the country.