All Food & Beverage articles – Page 5
-
Article
Bacardi replaces longtime general counsel
Bacardi Limited announced the appointment of Todd Grice as senior vice president and general counsel to replace the retiring Eduardo Sanchez, who served in those positions for 17 years.
-
Article
Chinese regulator fines Luckin Coffee, affiliated groups $9M
China’s market competition regulator announced a fine of 61 million yuan (U.S. $9 million) against Luckin Coffee and a group of affiliated firms in response to the coffee chain’s inflated sales scandal.
-
Article
Pactiv Evergreen discloses FCPA probe ahead of IPO
In its IPO filing, foodservice packaging company Pactiv Evergreen (currently Reynolds Group Holdings Limited) announced it might have potentially violated the Foreign Corrupt Practices Act regarding gift cards given in China.
-
Article
Mondelēz International latest to enhance tracing of palm oil sourcing
Mondelēz International has become among the latest consumer goods companies to tighten its sourcing requirements for palm oil, improving its traceability of suppliers. But recent analysis also finds the industry has a long way to go in its progress.
-
Article
McDonald’s whistleblower leads to lawsuit against fired CEO
An anonymous whistleblower’s complaint alleging sexual misconduct by fired McDonald’s CEO Steve Easterbrook prompted the company to file a lawsuit attempting to claw back some of the $41 million severance package it paid upon his ouster.
-
Article
Coca-Cola poaches general counsel from Ford
Coca-Cola announced Bradley Gayton has been elected senior vice president and general counsel. Gayton joins from Ford Motor Company, which has named John Mellen as his successor.
-
Article
Former Bumble Bee CEO sentenced 40 months for price-fixing
The former CEO and president of Bumble Bee Foods was sentenced to serve 40 months in prison and pay a $100,000 criminal fine for playing a leading role in a three-year antitrust conspiracy to fix prices of canned tuna.
-
Article
Denny’s welcomes general counsel
Restaurant chain Denny’s announced the appointment of Gail Sharps Myers as general counsel. In this role, Myers will head Denny’s legal functions, reporting to CEO John Miller.
-
Article
Imagining a utopian food supply chain
If the coronavirus pandemic has taught us anything, it’s that we need a more resilient food supply chain. Jaclyn Jaeger explains what that could look like and how the public and private sector could play their parts.
-
Article
Paine Schwartz names chief compliance officer
Paine Schwartz Partners, a leader in sustainable food chain investing, announced Renata Malavazzi has joined the firm as general counsel and chief compliance officer.
-
Article
Luckin Coffee fires CEO, COO over accounting scandal
Luckin Coffee, the China-based equivalent of Starbucks roiled by allegations of fabricating millions in 2019 sales, has fired its CEO and reshuffled top leadership as part of its ongoing internal probe.
-
Article
Albertsons Companies tabs general counsel
Albertsons Companies, operator of Shaw’s, Star Market, Safeway, and other food and drug retailers, announced Juliette Pryor has been named executive vice president and general counsel.
-
Article
How some companies are hedging supply chain risk during pandemic
As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.
-
Article
European regulators warn coronavirus villains will be punished … eventually
While EU regulators have not engaged in investigations yet or launched many (or any) coronavirus-related enforcement actions, lawyers warn they will do so later down the line and believe they will tackle “worst offenders” first.
-
Article
Analysis: Luckin Coffee saga a case of déjà vu?
Financial crime expert Martin Woods ponders how the SEC can ensure foreign companies, like China-based Luckin Coffee, that publicly trade in the U.S. can apply the proper standards of compliance, financial reporting, and even whistleblower protections.
-
Article
For some companies in the age of coronavirus, ethics pays
Despite slow governmental response to the coronavirus outbreak that is grinding the world economy to a halt, several businesses have decided it is worth going above and beyond to help customers and employees.
-
Article
Red Robin tabs accounting chief
Restaurant chain Red Robin disclosed in a recent regulatory filing the appointment of Kristi Belhumeur as chief accounting officer.
-
Article
Carrols Restaurant Group names general counsel
Carrols Restaurant Group, the largest Burger King franchisee in the United States, announced it has appointed Markus Hartmann as vice president and general counsel.
-
Article
Tyson Foods chief accounting officer steps down
Tyson Foods announced in a regulatory filing that Stephen Gibbs notified the company of his intention to step down as chief accounting officer to pursue another opportunity.
-
Article
Coronavirus impact: How tech, medical, retail industries are responding
Surrounded by uncertainty, the coronavirus outbreak has quickly catapulted high on the list of hot risk topics for business leaders everywhere.