Labor & Employment

These steps are related to continued efforts to right size the cost structure, improve organizational effectiveness, streamline processes to gain efficiencies and reduce cost across the organization.

Reenie Benziger will be responsible for the creation and production of all NIKE apparel product globally.

In the new role, the executive will oversee all of MGAE's global businesses and operations.

The newly created leadership position will oversee functions ranging from research & development and manufacturing to sales and strategy.

The new CEO previously served as chief executive of AdvancePierre Foods and president of Pinnacle.

This announcement comes after a pending agreement for Hillshire to acquire Pinnacle Foods for $6.6 billion.

Target announces a number of leadership changes that will further the companys efforts to drive U.S. traffic and sales, improve its Canadian operations, and advance its ongoing digital transformation.

This innovative approach is expected to increase efficiencies in P&G's supply chain, putting product closer to retail and population centers as well as major transportation networks.