Packaged Foods

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

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.

Sugar processor Imperial Sugar Co. names John C. Sheptor as executive vice president and chief operating officer.

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.

Kellogg Company says it's coming to the rescue of woman looking for an evening snack without the guilt, with new Special K Chocolatey Delight.

As an example of how marketers are using scent in advertising, Kraft Foods Inc. ran five rub-and-sniff ads for some of its products, including Chips Ahoy and Philadelphia Cream Cheese, in a special edition of Time Warner's People magazine, reports the Wall Street Journal.

Five years ago, Kellogg Company and its agency, Leo Burnett Worldwide, devised the Special K Challenge diet plan, which boosted Special K to become the company's No. 1 brand with an estimated $500 million in global sales.