U.S. agricultural giant Bunge Ltd said on Wednesday it would reshuffle its business structure from five operating units to three regions – North America, South America, and Europe and Asia.
Todd Bastean will be president of North America, Pierre Mauger for Europe and Asia, and Raul Padilla will head South America and Sugar and Bioenergy, Bunge said.
The appointments are effective Jan. 1 and the three executives will report to Chief Executive Soren Schroder, Bunge said.
By Yashaswini Swamynathan
Source: Reuters
The global snacking, international cereal and noodles, plant-based foods and North American frozen breakfast business will be known as Kellanova – home to brands such as Pringles, MorningStar Farms and Nutri-Grain. Kellanova’s portfolio will also encompass cereal brands, including Frosties, Special K, Krave and Coco Pops.
Nestlé is piloting refillable vending machines for its Milo and Koko Krunch brands as part of its effort to explore solutions that help to reduce the need for disposable packaging. In collaboration with digital start-up Qyos by Algramo, the machines will be available at two retailers in Indonesia during a 4-6 month trial period.
Carlsberg has announced that Jacob Aarup-Andersen will join the company as chief executive officer, replacing Cees ’t Hart, who will retire by the end of Q3 2023. Since 2020, Aarup-Andersen has served as CEO of ISS, a global facility services company that operates in 60 countries.
