Corporate Governance

The retirement of the Executive Vice President and President, Developing Markets, sparks an effort to streamline the company's operating unit structure given the size and importance of Developing Markets to future growth.

The Coca-Cola Company and Select Milk Producers, Inc. will acquire equity stakes in the newly-created Fair Oaks Farms Brands, LLC to drive growth and expansion of Core Power and to create an innovative portfolio of brands and products that feature the value-added nutrition of dairy.

The integration process of Pfizer Nutrition into Nestle Nutrition, that will see approximately 4,500 employees of Pfizer Nutrition join the Nestle Group, is underway.

With this acquisition, the company's brands will generate approximately $13 billion in retail sales globally, with more than $2.5 billion attributable to the company's portfolio of athletic brands.

A new licensing arrangement will support the company's mobile initiatives and help it to stay on top of emerging technologies popular with consumers.

Members of the CGT Downstream Data Share Group met in Orlando, Fla., during the Consumer Goods Business and Technology Leadership Conference on October 23, 2012. In addition to continuing work on the use case matrix, the group tacked various topics including integration and use of non-POS data.

The most successful new products include Hormel party trays, Hormel Natural Choice deli meats, Hormel Compleats microwave meals and Jennie-O Turkey Store oven ready items and turkey burgers.

With more than 13,000 employees around the world, a need arose for the company to profoundly evolve the way Barilla people communicate, collaborate and interact.