Manufacturer

Taking a closer look at Forbes' 29th annual ranking of the world's richest is littered with consumer goods executives. Here, we take a look at the top 10 billionaires in the world across Food and Beverage.

The MIT Enterprise Forum of New York announced the launch of the second annual Dream it. Code it. Win it. contest. The student coding competition rewards and promotes creativity, diversity and literacy in the field of computer science. Estee Lauder will sponsor the women's prize.

In September Hershey announced the retirement of CFO David Tacka. Last week the company named Patricia Little to succeed him, effective March 16.

Mondelez International will sell its 50 percent interest in Ajinomoto General Foods to its joint venture partner, Ajinomoto Co, as part of its ongoing efforts to further focus its portfolio on snacking products.

Using the entrepreneurial spirit of a smaller company, General Mills acted on an intuition, an outside partnership and direct consumer interaction, for a quick innovation with a big impact.

PepsiCo is about to shake things up. The company is planning to break into retail by selling its premium snacks and drinks exclusively through e-commerce platforms in India, according to reports.

McCormick & Company signed an agreement to purchase Drogheria & Alimentari (D&A), a privately held company based in Italy for $97 million. D&A is a leader in spices and seasonings with annual sales of approximately $57 million.

As the consumer goods industry rushes to get closer to the shopper, both competitively and collaboratively, emerging technologies start to take hold, and we find ways to bring sophistication and data, data, data! to existing processes.