Corporate Strategy

Coty is taking steps to adjust its focus as it contends with effects from the new coronavirus.

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.

Trax will combine both companies’ technologies, products and customer delivery to create a closed-loop merchandising system for physical retail.

Heineken NV is moving in more deeply to Brazil and will invest $183.14 million to expand its Ponta Grossa brewing plant.

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.

PepsiCo, which has had a distribution agreement with Rockstar in North America since 2009, also owns the Mountain Dew Kickstart energy brand, as well as GameFuel and Amp.

Polit will oversee the snack company’s global information technology solutions, reporting to executive vice president and chief financial officer Luca Zaramella.