Flowers Foods announced two executive transitions in the company's manufacturing leadership, effective immediately: Michael Beaty will retire in spring of 2015 and will serve as EVP until then. Robert Benton, Jr. will serve as SVP and chief manufacturing officer.
General Mills will close a cereal plant and a yogurt factory - eliminating up to 600 jobs - in an effort to cut costs and offset the sluggish U.S. demand for cereal and other packaged foods.
Campbell is one of 20 U.S. companies, and one of two U.S. food companies, included in the Global 100. The Global 100 drew companies from 22 countries on five continents, evaluating a total of 4,609 companies.
Mondelez International's supply-chain reinvention plan is expected to deliver $3 billion in gross productivity savings, $1.5 billion in net savings and $1 billion in incremental cash during 2014 to 2016.
