CPG

Unilever announces that it has agreed to sell its Royal pasta brand to RFM Corporation, one of the biggest diversified food and beverage companies in the Philippines, for US$47.8 million.

Heinz names Eduardo Luz as president of its North America division, shaking up management for the second time after Berkshire Hathaway Inc. and 3G Capital took over.

Vermont's Green Mountain Coffee Roasters Inc. is planning to ask its shareholders to change the company's name to Keurig Green Mountain Inc.

The former Kettle Foods CEO brings a strong track record of experience at other companies such as Frito-Lay, P&G and Starbucks to his new role.

The new leader brings more than 22 years of CPG and food industry experience from companies including Dean Foods Morningstar division, ConAgra Foods and Swift and Company.

Brynwood Partners has a well-established track record of reviving smaller brands or businesses that are divested from large corporations.

Earlier in his career, the candidate held general management, marketing and sale roles across Asia with global companies such as Coca-Cola, Colgate-Palmolive, Duracell and Nestl.

The Kleenex brand is elevating its passion for design by partnering with well-known style icon Isaac Mizrahi to introduce four new and unique designs to the Kleenex Expressions line of products.