Kellogg Co. said Friday that Fareed Khan will join the company on Feb. 17 as chief financial officer, succeeding Ron Dissinger, who will stay with the company in 2017 to help with the transition.
Khan will be named CFO and Principal Financial Officer the day after the company’s 10-K is filed. Dissinger announced his retirement in May 2016.
Khan joins from U.S. Foods Holding Corp. where he was CFO from 2013 and aided with the company’s IPO. Kellogg shares are unchanged in premarket trading, and up 1.4% for the past year. The S&P 500 index is up 20.1% for the last 12 months.
By Tonya Garcia
Source: MarketWatch
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
