Minneapolis / MN. (prn) The Schwan Food Company is a multibillion-dollar private company with approximately 22.000 employees worldwide. Based out of Marshall, Minnesota, the company sells fine frozen foods on its traditional delivery trucks, in grocery-store freezers, online and in the foodservice industry. Through the operations of its business units, Schwan products have a solid presence in roughly 50 countries.
Kansas City / MO. (ibc) Interstate Bakeries Corp. (IBC) reports that board member Philip Vachon (49) has resigned as chairman and CEO of Liberate Technologies Inc. (LT), which owned 2,25 million shares or four percent of the US bakery group common stock as of February 28.