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
Source: Reuters
Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.
Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.
The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.
