Kraft Heinz appoints Unilever executive as new CFO
Kraft Heinz has appointed Lucy Hovey as chief financial officer for the UK & Ireland effective immediately. Hovey brings decades of executive leadership experience across the FMCG…
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Fresh headlines across food, beverage, personal-care, home-care, retail and FMCG services, updated automatically and linked to the original publishers.
Kraft Heinz pours nearly $100M more into innovation to drive turnaround
Higher-impact media partnerships and stronger creative are leading to “green shoots” for its brands in the U.S., executives said.
Kraft Heinz reports weak Q2 performance
Kraft Heinz net sales have fallen by 1.4 per cent year-on-year to approximately £4.6bn in Q2, with the group blaming a shift in Easter timing and inflationary pressures. The…
Kraft Heinz Raises Forecasts As New CEO's Turnaround Push Drives Sales Beat
Kraft Heinz raised its annual outlook after quarterly sales beat estimates, as price increases offset weaker volumes across key markets.
Matalan boss Henrik Nordvall exits after just six months
Matalan chief executive Henrik Nordvall has stepped down just six months after joining the company, with chairman Karl-Heinz Holland returning to lead the business. Nordvall has…