CPG

PepsiCo's Board of Directors elects Chief Executive Indra K. Nooyi to succeed Steven S. Reinemund as chairman when he retires in May 2007.

Henkel, the maker of brands like Dial, Loctite, Purex, Dep and Duck brand, launched the "Henkel Innovation Trophy" competition, which invites all independent inventors to submit their creative ideas for an opportunity to be reviewed and evaluated by Henkel

For the first time since 1998, Coca-Cola will advertise during the Super Bowl. According to Adweek, Coca-Cola was content buying the pods immediately prior to the telecasts, while competitor Pepsi dominated the in-game airwaves.

Cognos introduces Merchandise Planning Blueprint.

Numico, the brand owner of Nutricia, Milupa, Cow & Gate, Mellin and Dumex, selects Agile PLM to provide an end-to-end PLM solution.

The Blackstone Group enters into a definitive agreement to acquire Pinnacle Foods Group Inc., a manufacturer, marketer and distributor of branded food products in the United States and Canada, for approximately $2.16 billion in cash.

While this year's Readers' Choice Awards span 12 solution and service categories, some companies do not fit snugly into any one category.

In a recent survey commissioned by Sara Lee Food & Beverage, 73 percent of consumers incorrectly identified their bread as 100 percent whole wheat when it actually has similar nutritional make-up to traditional white bread.