Finance & Capital Management

The supply chain initiatives are expected to deliver $3 billion in gross productivity savings and $1 billion in incremental cash over the next three years.

The new SVP will work to build the company's capabilities across strategy, market stabilization, innovation and growth.

With the retirement of Pradeep Pant at year-end, Mondelez names a new candidate for Asia Pacific and EEMEA, as well as a new EVP and President, Europe.

Unilever announces the opening of a new ice cream factory in Konya, Turkey; following an investment of over 95 million.

Nearly 1,500 government officials and suppliers convened at the recentWalmart U.S. Manufacturing Summitto advance American renewal in manufacturing. The event underscored Walmarts commitment to buy an additional $50 billion in U.S.-made productsover the next 10 years and featured announcements from suppliers that, combined, are expected to create more than 1,000 domestic jobs.

The appointment follows the planned retirement of Ira J. Lamel as Chief Financial Officer, that was previously announced on September 5, 2012.

The transaction is expected to boost Dorel's bicycle revenues to more than US$ 1 billion.

Diamonds CEO states that the proposed settlement eliminates the burden of further time, expense and risk related to the class action, allowing the Diamond team to focus on growth.