Finance & Capital Management

Historically,Land O' Lakes ran as a holding company with many separate entities. Over time,this resulted in an overly complex IT environment. In 2005,a strategic decision was made to move toward an operating company mode. Here, two company VPs give an exclusive update on Project Catalyst'sprogress.

By enabling accelerated product innovation and time-to-market, 3M aims to realize its strategic business objectives, augment production capacity, enhance global capabilities and rationalize costs.

As shared services units specialize in performing repetitive transaction based tasks, consumer companies can leverage the service model to perform tasks that require high-end business and consulting skill sets that may not be widely available in the organization.

Under the new licensing agreements, Coca-Cola will distribute Dr Pepper in the United States and Canada Dry in the Northeast U.S. where these brands were formerly distributed by Coca-Cola Enterprises.

The Dewar's expansion project, which started in July 2007, will be completed in phases over 10 years.

The new name embraces Jones' heritage while signaling its vision for the future across its apparel, footwear, jeanswear, jewelry and handbag divisions.

It took Barrie Bergman 25 years to build Record Bar into the success that made him a wealthy man. Bare Escentuals, his second company, was an overnight success after only 14 years. The one thing both of these success stories have in common? Time.

Among a number of promotions, Steven G. Binder is named executive vice president of Refrigerated Foods.