Tropicana Brands Group – a joint venture between PAI Partners and PepsiCo – has appointed Rogier Smeets as CEO of its European business, effective today.
Prior to joining the company, Smeets held several leadership positions at Upfield between 2018-2022. He has worked at Unilever from 2004 to 2018, where he held various marketing and commercial positions across the US, Europe and Asia.
Smeets said: “As someone who’s helped carve out a business before, I know how much potential comes with the chance to be singularly focused on one category and drive for growth through things like innovation and expansion”.
Additionally, Tropicana has also named William J Kelley Jr as CFO.
“I’m thrilled to welcome both Bill and Rogier to Tropicana Brands Group,” said Glen Walter, global CEO of Tropicana Brands Group. “I’m confident we will benefit greatly from the addition of them both, given their deep knowledge of and experience in the food and beverage industry and their shared commitment to operational and executional excellence that we are striving for as we continue to stand up for our organisation.”
By Rafaela Sousa
Carlsberg has announced the departure of its chief financial officer (CFO), Heine Dalsgaard, after six years in the position. In a statement, Carlsberg said that Dalsgaard was resigning from the post to take up the role of CFO at a private equity-backed company in a different industry.
Kellogg will split into three independent companies to focus on the snack business, Reuters reported Tuesday. The snacking portfolio will comprise the main business, while the North America cereal unit and the plant-based business will be spun off. The company is also considering a sale of the plant-based business.
The snacks giant says the acquisition will help build on its commitment to “lead the future of snacking” in key geographies worldwide. Once the transaction is completed, Mondelēz will continue to operate the Clif Bar business from its headquarters in Emeryville, California. The snack giant will also continue to manufacture Clif Bars’ products, which include Clif Bar, Luna and Clif Kid, at its facilities in Idaho and Indiana.