Minneapolis / MN. (gm) General Mills Inc. reports that Vice Chairman and Chief Financial Officer Jim Lawrence has announced plans to retire from the company and has accepted a senior-level position with another major international firm. Don Mulligan has been elected executive vice president and chief financial officer of General Mills, effective August 01.
Atlanta / GA. (ac) AmeriCold Logistics announces that Ronald B. Hutchison has joined the company as its chief financial officer. Hutchison comes to AmeriCold from Interstate Bakeries Corporation in Kansas City.
Duesseldorf / DE. (mg) Metro Group continued on its successful growth path in the first six months of 2007. In year-on-year comparison, the company raised sales by 10,9 percent to 30,3 billion Euro. Net of the acquisitions of Wal-Mart Germany and Geant in Poland, sales rose 6,7 percent.
Seattle / WA. (sc) Starbucks Corporation announces financial results for its fiscal third quarter ended July 01. «In the third quarter, Starbucks delivered solid financial performance while expanding globally», says President and CEO Jim Donald.
Nairobi / KE. (aa) The Bakers Association of Kenya is crying foul over the increase of excise duty on imported wheat, AllAfrica reports. Over 20 bread manufacturing companies have urged the Finance minister to either reduce or abolish the 35 percent excise duty levied on the imported hard wheat used to bake bread.
Toronto / CA. (nw) Canada Bread Company Limited announces its financial results for the second quarter ended June 30. «A 17 percent increase in wheat costs slowed our growth in the second quarter», says President and CEO Richard Lan.