Mr Eismann is appointed the new Chief Operating Officer.
Hochwald Foods GmbH is reorganising its Management Board. In future, the responsibility within the Management Board for the Commercial business unit and the Production and Technology department will be shared. The company is thereby taking into account the rapid growth it has experienced over the last few years and its focus on sales in five business units.
Karl Eismann will, in future, take over the newly created Management Board in his role as Chief Operating Officer. He has already been in charge of controlling the production plants since 2013 as Head of Operations. In his new role, Mr Eismann will also be taking on responsibility for central functions such as product development / innovation, central quality management and milk management.
The Commercial business unit will still be headed up by Detlef Latka in his capacity as Chief Financial Officer. Since 2005, Mr Latka has particularly been responsible for the Legal, Finance, ICT, Controlling, Human Resources, Supply Chain Management, Ingredients and International business units. The Management Board is set to be expanded in the medium term to include a third person.
NutritionInsight speaks with experts from Kerry, FrieslandCampina Ingredients and Lactalis Ingredients about how this segment has developed over the past year and what innovations will shape the future.
Reckitt Benckiser Group has signed an agreement to offload its Infant Formula and Child Nutrition (IFCN) business in China to private equity firm Primavera Capital Group for $2.2 billion.
A report from the Minneapolis-based online newspaper states that General Mills told employees that layoff plans include 700 to 800 jobs in the US and Canada, as well as 500 to 600 international positions.