Kellogg Co. announced that Ron Dissinger has decided to retire as Chief Financial Officer at the end of 2016.
Dissinger will step down as CFO effective December 31, but he will remain with Kellogg into 2017 to help ensure an orderly transition to his successor. An internal and external search for a new company CFO will now commence.
“Ron has had an extraordinary, nearly three-decade career with Kellogg, including the past six years as CFO and a highly valued member of our Global Leadership Team,” said John Bryant, Kellogg Company Chairman and CEO.
Source: RTT News
The agri-food powerhouse is now eyeing the potential sale of a 50 percent stake Alvean, a joint venture with Brazilian sugar giant Copersucar. Following the pending divestiture, Cargill would pivot its focus toward its food processing and meat activities.
The Life Cycle Assessment (LCA) conducted by Ramboll suggests advantages are primarily driven by the carbon emissions related to the amount of energy and freshwater required to wash the multi-use tableware.
The brewer’s South African arm says there has been significant impact from bans on alcohol sales and Covid-19 trading restrictions. At the end of December, the country banned alcohol sales for the third time to help reduce the pressure on emergency services.