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
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.