PepsiCo announces that Diet Mountain Dew, Brisk and Starbucks ready-to-drink beverages have each grown to more than $1 billion in annual retail sales, expanding PepsiCo's portfolio of billion-dollar brands to 22.
Sam's Club CEO Cornell shares his plans to leave and is replaced by current Walmart U.S. east business unit President Brewer; new corporate CAO, CIO and Walmart U.S. COO are named.
Key decisions include realigning the U.S. Sales organization, consolidating U.S. management centers and streamlining the corporate and business unit organizations.
The Latin America alliance between PepsiCo and Ocean Spray includes key countries in the Caribbean, Central America and South America and has a term of 20 years.
In a letter to employees, CEO Peter Lynch said he helped Winn-Dixie return to profitability after it emerged from Chapter 11 bankruptcy protection in 2006.
Nestls first sales agents in India began work in Chennai and Kolkata in 1912. Today, the company directly employs 6,000 people in India and more than half a million indirectly.
Walt Freese, former CEO of Ben & Jerry's, will direct the next phase of Stonyfield growth; Gary Hirshberg will continue in leadership roles with Stonyfield and Danone.
