Finance & Capital Management

Clorox Co., Oakland, California. The board of directors has appointed George Harad as independent chair of the board, and Jeffrey Noddle as chair of the management development and compensation committee.

Anheuser-Busch announces it will invest more than $1.5 billion in its U.S. brewing, agriculture, packaging and distributing operations by 2018. These investments will support growth of its brands and reinforce the beer company's commitment to the U.S. communities where it operates through local spending and jobs.

Menasha Corp., Neenah, Wisconsin, has acquired Portable Packaging Systems of Mississauga, Ontario. 

Land O'Lakes, Inc. names first chief communications officer
Kim Olson to join company July 20.

The exec joins Iconix after twelve years with Penske Automotive Group, an international transportation services company.

Antoine de Saint-Affrique is currently President Unilever Foods and a Member of Unilevers Group Executive Committee.

Through this agreement, CVS Health will acquire Target's more than 1,660 pharmacies across 47 states and operate them through a store-within-a-store format, branded as CVS/pharmacy.

The new COO will be directly accountable for key elements of the supply side of the business including R&D, Manufacturing, Logistics, IT, Operations, and Service.