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.

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.

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

CGT's Industry Liaison, Werner Graf, provides some lesser-known resources for innovation including how to match your customers' pain points with the right technology, for success.

Campbell's shared its new cost reduction plan as well as an initiative to simplify its organization structure to improve agility in the marketplace. The company expects these to generate annual cost savings of $200 million over a three-year period.

Campbell's Culinary & Baking Institute released its second annual Culinary TrendScape -- a trend report tracking the top 10 influential food themes for 2015, including Filipino Flavors, Regional Barbecue and Bread Revival.

In the world of consumer goods, Amway is a rare success story. The company's direct-selling model has been nothing but successful, but this didn't come about by chance. Armed with a structered, yet flexible product development process, and growing network of external partners, Amway and its Open Innovation Team, is well on its way to turning a good business into a great business.

CGT Editor Alarice Rajagopal gives you a sneak peek into the trends and topics discussed in this month's issue.