All Food & Beverage articles – Page 7
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Kraft Heinz cuts net income, continues with SEC probe
In a recently filed restatement, Kraft Heinz reduced its reported net income by $150 million going back to 2015 to correct employee misconduct in accounting.
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Commerce slices into Mexican tomato imports
The U.S., mired in a countdown to additional Chinese tariffs, will impose a 17.5 percent tariff on Mexican tomato imports beginning Tuesday. Shortages and spiking prices are predicted.
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Lynn Haaland: The compliance compass
“Super determined and tough” are two traits that propelled Lynn Haaland in her multifaceted role at PepsiCo and will continue to aid the compliance practitioner as she seeks new challenges.
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Citing misconduct in procurement, Kraft will restate
Kraft Heinz will restate nearly three years of financial results after determining employee misconduct in procurement caused a net $208 million misstatement in product costs.
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Butterball names chief risk officer
Turkey producing company Butterball has promoted Suzanne Griffin to the newly created role of chief risk officer, in addition to her current roles as senior vice president and general counsel. Griffin’s appointment now aligns the company’s risk management initiatives across all departments, the company announced.
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Borden Dairy appoints chief accounting officer
Borden, a U.S. dairy processor and distributor, has named Candace Palmarozzi as vice president corporate controller and chief accounting officer, effective immediately.
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Welbilt appoints chief accounting officer
Welbilt, a global supplier of commercial food-service equipment, has promoted Jamie Palm to chief accounting officer, in addition to her current role as vice president corporate controller.
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Constellation Brands appoints chief compliance officer
Constellation Brands, an international producer and marketer of beer, wine, and spirits, has promoted Tiffanie De Liberty to senior vice president, general counsel, and chief compliance officer.
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Publix general counsel to retire
Supermarket chain Publix announced that Senior Vice President, General Counsel and Secretary John Attaway will retire on May 31.
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Bob Bowman: The quality king
For the director of risk management for one of the largest restaurant chains in the country, the recipe for success starts with “doing the right thing.”
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Jerry Kral: The ethics entrepreneur
Jerry Kral’s compliance and ethics success is distilled from a gut-instinct approach and value-add mindset.