All Food & Beverage articles – Page 4
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Unilever announces new chief legal officer
Multinational consumer goods giant Unilever appointed Maria Varsellona as chief legal officer and group secretary. She will succeed Ritva Sotamaa, who will retire at the end of March 2022.
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Ingredion appoints CCO, chief legal officer
Global ingredient solutions provider Ingredion Incorporated has named Tanya Jaeger de Foras senior vice president, chief legal officer, corporate secretary, and chief compliance officer, effective Nov. 29.
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Anti-corruption leaders share upsides of remote compliance program
COVID-19 has altered how companies operate their anti-corruption compliance programs, but not necessarily for the worse, according to experts from PepsiCo and Cook Group who shared their experiences at a recent Diligent virtual summit.
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Kraft Heinz fined $62M in SEC accounting probe
Kraft Heinz agreed to pay $62 million as part of a settlement with the SEC for improper accounting that led to the restatement of several years of financial reporting.
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McDonald’s promotes U.S. general counsel
Fast food chain McDonald’s has promoted veteran attorney Angie Steele to the role of U.S. general counsel.
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Attracting top talent post-COVID means living employee values
In emerging from the pandemic, the hiring landscape has changed. The companies to thrive in this environment will be the ones that quickly adapt and recognize the kind of care and attention their employees need.
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Pactiv Evergreen nearing clearance from SEC in FCPA probe
Pactiv Evergreen said it has received indication from the SEC it will not face enforcement following an internal investigation launched last year into potential violations of the Foreign Corrupt Practices Act.
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Ex-Domino’s accountant settles insider trading charges
A former accountant at pizza chain Domino’s has agreed to pay $68,360 to settle charges of insider trading brought by the Securities and Exchange Commission.
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HF Foods Group appoints chief compliance officer
HF Foods Group, a food distributor to Asian/Chinese restaurants, has appointed Christine Chang as general counsel and chief compliance officer.
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Big week for breaches: McDonald’s, Carnival, and more
Multiple high-profile companies—including Carnival, Wegmans, McDonald’s, Volkswagen, and CVS—have confirmed in recent days they were either victims of a data breach or were alerted to a gap in their security controls.
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JBS USA confirms $11M ransom payment to hackers
Meatpacker JBS USA announced it paid the equivalent of $11 million in ransom in response to a May cyber-attack that impacted its operations in North America and Australia.
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Assessing yet another ransomware attack on critical supplier (JBS)
Meatpacker JBS USA has become the latest critical infrastructure company to be targeted by a ransomware attack, which temporarily halted its global operations. The attack brings with it implications for the food and agriculture industries.
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Hershey names general counsel
The Hershey Company promoted James Turoff to senior vice president, general counsel and secretary. Turoff has served as acting general counsel since December 2020.
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DOJ closes FCPA investigation into Pactiv Evergreen
Pactiv Evergreen said it will not face an enforcement action by the Department of Justice, following an internal investigation launched last year into potential violations of the Foreign Corrupt Practices Act.
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JBS USA names global head of legal and compliance
JBS USA has named Kevin Arquit to the newly created role of chief legal officer. Arquit will be responsible for leading the company’s global legal, ethics, and compliance efforts.
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Coca-Cola replaces top legal counsel with CCO
The Coca-Cola Company has pushed out its top legal counsel after less than a year on the job and named its chief compliance officer to replace him.
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McDonald’s names Desiree Ralls-Morrison general counsel
McDonald’s announced the appointment of Desiree Ralls-Morrison as general counsel and corporate secretary. Ralls-Morrison succeeds Jerome Krulewitch, who retired in October 2020 following his being diagnosed with Parkinson’s disease.
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Internal audit’s role in cyber-security testing: Where to start
Nathan Anderson, senior director of internal audit at McDonald’s, discusses ways internal audit can better answer management questions about cyber-risks and become a more independent cyber-security testing function overall.
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Pilgrim’s Pride pays $108M in price-fixing scandal
Pilgrim’s Pride has become the first company to plead guilty for its role in a conspiracy to fix prices and rig bids in the broiler chicken industry and will pay a $108 million criminal fine.
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Carrols Restaurant Group appoints general counsel
Carrols Restaurant Group, the largest Burger King franchisee in the United States, announced it has appointed Jared Landaw as vice president and general counsel.