Abilio Diniz, the current chairman of Brazilian food processor BRF SA, has invited Pedro Parente to replace him, Diniz’s investment firm Península Participações said in a statement late on Wednesday.
Parente is already the chief executive of state-run oil firm Petroleo Brasileiro SA and chairman of the board of financial exchange operator B3 SA Bolsa Brasil Balcao . A source told Reuters earlier on Tuesday that Parente will remain CEO of Petrobras regardless of any new duties at BRF but may leave his post at B3.
By Ana Mano
Danone has appointed three deputy CEOs to “better connect categories and regions” and drive the delivery of its ‘Renew Danone’ strategy. The new appointees are Veronique Penchienati-Bosetta, Shane Grant and Juergen Esser. They will report to Danone CEO Antoine de Saint-Affrique.
PepsiCo Portugal has announced that it will invest €7.5 million to construct a new biodigester, which will turn organic waste into biogas. As well as helping its Carregado facility to achieve a 30% reduction in carbon emissions, the biodigester will also contribute to reducing gas consumption, allowing the installation to use the biogas produced during the anaerobic digestion process.
Kerry is sponsoring The Kerry Upcycled Food Foundation Fellowship in a new partnership with the Upcycled Food Foundation (UFF), the non-profit subsidiary of the Upcycled Food Association (UFA). The research fellowship is the second initiated by the UFF and will work toward advancing the understanding of the market, consumer perception and technical opportunities of upcycled food.