Mars will also exercise the option to purchase P&G's pet food business in more regions to reinforce the company's strategic intent to build its presence in emerging markets.
The exec comes most recently from Reebok and will be responsible for overseeing all aspects of the retail footprint in North America, including the entire fleet of full-price and outlet stores.
Lifeway's entry into the Canadian market marks the company's second international expansion in 14 months, following the 2013 introduction of its frozen kefir products in the UK.
The acquisition of Quintiq extends Dassault Systmes 3DEXPERIENCE platform to business operations planning and further enables its longtime goal of harmonizing product, nature and life.
Who will sell consumer product five years from now? And where? The decline of shopping malls, the rise of online shopping and changing consumer habits require consumer goods manufacturers to rethink their approach to moving goods.