Kraft Foods

Milka maker names new Board members as Peltz concentrates on Procter & Gamble. ©GettyImages-zoliky

Activist investor Nelson Peltz to leave Mondelēz Board

By Oliver Nieburg

Trian Fund Management CEO Nelson Peltz, who pushed for a merger between Mondelēz and PepsiCo five years ago, will stand down from Mondelez’s Board of Directors as the Cadbury maker names two new members.

 Heinz's new yellow mustard is

New CEO looks to generate 'aggressive, run-rate cost savings of $1.5bn by the end of 2017'

Heinz has slashed almost a quarter of its workforce since April 2013, SEC filings reveal

By Elaine Watson

Heinz has slashed just under one quarter (23.8%*) of its workforce since April 2013 as part of a ‘restructuring and productivity’ drive at the ketchup giant, which was acquired by private equity firms 3G and Berkshire Hathaway in June 2013, and tied the...

Kraft's net revenues fell 0.1% to $18.2bn in 2014, which CEO John Cahill described as a “difficult and disappointing” year

Big CPG firms are not nimble enough to innovate and align with changing consumer tastes, says TABS Group founder

Heinz-Kraft merger comes from weakness, not strength, says CPG expert: ‘It’s almost as if the large tier one guys have surrendered’

By Elaine Watson

The impending marriage of Heinz and Kraft Foods Group will create a $29bn consumer packaged goods powerhouse. But is bigger always better, or are megadeals like this more about making money for lawyers and shareholders than delighting consumers and driving...

Spotlight

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