Tag: Food and beverage industry
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Steve Cahillane Named Chief Executive Officer of Kraft Heinz: What It Means for the Food Giant
New Leadership at Kraft Heinz The Kraft Heinz Company has announced a major leadership move, naming Steve Cahillane as Chief Executive Officer. The appointment, effective January 1, 2026, marks a significant moment for the global food and beverage titan as it seeks to navigate evolving market dynamics, supply chain challenges, and a competitive landscape that…
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Nestlé to axe 16,000 jobs as new chief targets growth
Nestlé announces substantial job cuts to speed up growth Nestlé, the world’s largest food and beverage company, said it will cut about 16,000 jobs over the next two years as part of a broader push to reduce costs and accelerate sales growth. The plan includes roughly 12,000 positions in white-collar professional roles and about 4,000…