Sector News

Simon stepping down as CEO of the Hain Celestial Group

June 25, 2018
Consumer Packaged Goods

A search is underway for a new chief executive officer at the Hain Celestial Group. Once a candidate is identified, Irwin D. Simon, the current president and c.e.o., will step aside and become non-executive chairman of the company.

“Irwin is an incredible entrepreneur and pioneer in the organic and natural foods industry, where he started with a vision and built it into a $3 billion company,” said Andrew R. Heyer, lead director of the company’s board. “On behalf of the board of directors and the entire Hain Celestial team, I want to thank Irwin for his vision, leadership, commitment and tremendous contributions over his distinguished 25-year career since founding Hain Celestial.”

The company did not provide a timeline for when it expects the succession process to be completed.

“When I founded the company 25 years ago, one of my goals was to educate and change the way the world eats and lives through a relentless focus on providing organic, natural and better-for-you products to consumers,” Mr. Simon said. “I am incredibly proud of the company we have built. It has been a privilege to lead our dedicated team and drive our mission forward.”

Mr. Heyer added that in addition to seeking a new c.e.o., the board also continues to consider strategic alternatives for the company. The company is currently in the process of divesting its Hain Pure Protein business, which processes organic fresh poultry.

By Keith Nunes

Source: Food Business News

comments closed

Related News

March 24, 2024

Aldi’s new flat and stackable wine bottles “make light work of heavy shopping baskets”

Consumer Packaged Goods

Collaborating with Packamama, Aldi has rolled out the “UK’s first” supermarket own-brand flat wine bottles within its Chapter & Verse label. The recyclable ergonomic packaging concept is made from 100% recycled PET (rPET) and available for shiraz and chardonnay options.

March 24, 2024

Health, sustainability, and a taste for adventure drive snacking behaviors: Mondelēz State of Snacking report

Consumer Packaged Goods

For the fifth year in a row, global consumers expressed a preference for snacking over traditional meals, with six in 10 consumers saying they’d rather eat several small meals throughout the day than a few large ones, according to the fifth annual State of Snacking report from Mondelēz International. Nearly nine in 10 (88%) consumers snack daily.

March 24, 2024

Shareholders challenge Nestlé to increase sales of healthy foods

Consumer Packaged Goods

The shareholders are urging Nestlé to set a target to boost the proportion of its sales from healthier products amid concerns regarding regulatory, reputational and legal risks faced by the company, as well as the public health implications “associated with an over-reliance on less healthy foods”.

How can we help you?

We're easy to reach