Rashida La Lande has been named global general counsel and corporate secretary of the Kraft Heinz Co. In her new role, she will oversee the company’s legal function, including corporate governance, transactions, regulatory, intellectual property, litigation and labor and employment.
Ms. La Lande joins Kraft Heinz from the law firm of Gibson, Dunn & Crutcher L.L.P., where she is currently a partner. She brings 18 years of experience representing companies and private equity sponsors in the consumer products, retail, financial services and technology industries. She received a juris doctor from Columbia Law School and a bachelor of arts degree from Harvard College.
She replaces Jim Savina, who will leave the company to pursue other opportunities. During his five-year tenure, Mr. Savina held various legal leadership roles and played a part in the integration of Kraft Foods Group and H.J. Heinz Co. in 2015.
By Monica Watrous
Source: Food Business News
Nestle SA has accelerated its product development process by 60% since 2016, according to the company. The faster speed to market has been achieved through a restructuring of its research and development process. Now the company is investing in various forms of artificial intelligence (AI) and machine learning to further improve its R&D process and generate better results.
German chemicals distributor Brenntag has confirmed potential takeover talks with US rival Univar Solutions and is understood to be debating the feasibility of a potential acquisition in the coming months. Univar Solutions confirms that it has received a preliminary indication of interest from Brenntag regarding a potential transaction.
Cargill has announced the acquisition of Owensboro Grain Company, a soybean processing facility and refinery located in Kentucky. The purchase of the Owensboro-based company will support Cargill’s efforts to “modernise and increase capacity across its North American oilseeds network to support growing demand for oilseeds driven by food, feed and renewable fuel markets”.