Deerfield / IL. (mdlz) Mondelez International announced that, as part of its ongoing efforts to further focus its portfolio on snacking products, it has reached an agreement to sell its 50 percent interest in Ajinomoto General Foods Inc. (AGF) to its JV partner.
Hershey / PA. (thc) The Hershey Company announced the appointment of Patricia A. Little as its new SVP and Chief Financial Officer. In her new role, Little will oversee the company´s global finance organization and be a part of the company´s global leadership team.
Camden / NJ. (csc) Campbell Soup Company reported its results for the second quarter of fiscal 2015. Global Baking and Snacking segment operating earnings increased 22 percent to 107 million USD. Higher operating earnings reflected organic sales growth.
Madrid / ES. (epg) Spanish Ebro Foods closed 2014 with a net profit of 151.6 million EUR, up 14.2 percent on 2013, while the net profit on continuing operations rose eleven percent to 157 million EUR. Its net turnover totalled 2’121 million EUR.
Ann Arbor / MG. (dp) Domino´s Pizza Inc. announced results for the fourth quarter and fiscal 2014, comprised of strong growth in same store sales, global store counts and earnings. Domestic same store sales grew 7.5 percent for the full year.
Bristol / UK. (sa) The British Soil Association´s 2015 Organic Market Report reveals sales of organic products increased by four percent in 2014. The new figures show this is significant growth in a year when both food prices and food spending fell.
Deerfield / IL. (mdlz) Mondelez International Inc. announced that Roberto Marques, 49, will join the company in mid-March and become Executive Vice President and President, North America. Marques will report to Chairman and CEO Irene Rosenfeld.
Bradford / UK. (wms) The Board of Wm Morrison Supermarkets PLC is pleased to announce that David Potts CBE will become the company´s new Chief Executive Officer. The appointment follows a thorough selection process, both in the UK and overseas.
Dublin / OH. (twc) The Wendy´s Company announced that its Board of Directors has increased the size of the Board from ten to eleven members and elected Michelle Mathews-Spradlin to serve as a director of the Company effective immediately.
Waterbury / VT. (kgm) Keurig Green Mountain Inc. announced that it entered into an agreement to repurchase approximately 5.2 million shares of Keurig common stock beneficially owned by Luigi Lavazza S.p.A., at a purchase price of 119.18 USD per share.