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Polit will oversee the snack company’s global information technology solutions, reporting to executive vice president and chief financial officer Luca Zaramella.
The new head is tasked with leading such brands as Goldfish, Milano, Pepperidge Farm, Snyder’s of Hanover, Lance, Kettle Brand, Cape Cod, Snack Factory Pretzel Crisps and Late July.
The new exec will play a key role in the company’s efforts to expand into new categories like frozen foods and refrigerated deli, and enter such new channels as convenience and foodservice.
The moves are projected to save $200 and $230 million by the end of 2022, with about 60% of this stemming from the headcount reductions.
Coty, which counts such brands as Covergirl, Max Factor, Adidas and Clairol under its umbrella, is currently exploring the sale of its professional beauty division.
Emmanuel Babeau has joined Philip Morris International as chief financial officer, replacing Martin King.
Dayapatra was most recently MD and director of delivery for advanced technology centers in India at Accenture.
The PepsiCo brand added the role in order to grow usage among its current customers and penetrate the households of non-users in the United States.
Franks will be responsible for operations in all of the company’s global markets, including driving unified growth as Godiva expands into new channels and categories.
Nielsen Holdings is bolstering its executive ranks with a trio of appointments, including the addition of Sean Cohan from A+E Networks.
3M is restructuring its organization in a move that reduces approximately 1,500 positions, spanning all business groups, functions and geographies.
The new role will have oversight over the company's digital transformation efforts and building new capabilities to advance innovation and speed to market.