Corporate Strategy

The appointments bring new talent to its leadership team as the company prepares to launch its first plant-based chicken product and add new SKUs in foodservice and retail.

Tyson Foods will increase investments in technology and automation, including artificial intelligence, as it manages the labor and capacity issues challenging much of the consumer goods industry.

Each year, CGT collects nominations for CIOs who are making a business impact within their consumer goods organizations through the implementation and successful use of technology. This year, we unveil three winners; read about them here.

PepsiCo is selling its Tropicana and Naked brands to private equity firm PAI Partners as part of a $3.3 billion deal.   

The evolving global market post-pandemic has created unique challenges for consumer brand manufacturers. They search for ways to stay agile while adjusting to market trends. As brand loyalty declines, consumers gravitate to customizable products, creating a greater need for product flexibility. Successfully mitigate challenges by adopting design and simulation strategies

Procter & Gamble announced that Jon Moeller will succeed David Taylor as president and CEO.

Cary Devore has been appointed executive VP and COO of Utz, a new role for the company and one in a series of management changes.

NielsenIQ has acquired Cornerstone Capabilities, an SaaS-based provider of revenue management optimization solutions for consumer goods companies.