Lee J. Wise has been named vice-president and treasurer of TreeHouse Foods, Inc.
Mr. Wise joins TreeHouse from Mead Johnson Nutrition Co., where he was vice-president, treasurer and corporate development since 2011. Prior to Mead Johnson, Mr. Wise was director of strategy and development for Brunswick Corp. He brings more than 15 years of experience across the finance function to TreeHouse, including treasury, risk management, strategy, planning and tax.
“We are delighted to bring someone of Lee’s caliber on board,” said Matthew J. Foulston, executive vice-president and chief financial officer of TreeHouse Foods. “His treasury experience coupled with his food industry background will be instrumental as we continue to optimize our cash flow and our capital structure.”
By Rebekah Schouten
Source: Food Business News
A new wave of brands is emerging that promotes indulgence and rejects the notion of sacrifice. Low-maintenance “hangover” beauty products are designed to address the effects of late nights and partying without judgment or hassle, and even include cosmetics that are formulated in a way that means you can fall asleep in your makeup without feeling guilty.
The pilot will allow the company to scale circular packaging in about 18 markets over the next three years, an approach that jumps on the success of similar efforts in the company’s Indonesia ecoSPIRITS program, which launched in 2022 and is active in 38 bars.
Unilever’s focus on purpose across its brands has been a source of criticism from some of its investors. Its new CEO Hein Schumacher says the company now recognises there are some brands where the concept is simply not relevant.
