In celebration of National Hot Cocoa Day on Dec. 13, Keurig Green Mountain Inc., Waterbury, Vt., and Swiss Miss, a brand of Chicago, Ill.-based ConAgra Brands Inc., are introducing two new varieties of Swiss Miss Hot Cocoa K-Cup pods.
James Quincey to succeed Muhtar Kent as CEO in May
December 9, 2016
The Coca-Cola Co., Atlanta, announced that its Board of Directors has unanimously approved the recommendation of Chairman and Chief Executive Officer (CEO) Muhtar Kent for an evolution of the company’s senior leadership structure. Under the new structure, company veteran James Quincey, president and chief operating officer (COO), will succeed Kent as CEO, effective May 1, 2017.
Company plans to enhance Dripping Springs’ tasting room
December 8, 2016
Austin, Texas-based Deep Eddy Vodka, a division of Heaven Hill Brands, announced its expansion with the purchase of a 194,000-square-foot facility located just outside of the Austin city limits in Buda, Texas.
Dairy-based energy drink product primarily available on East Coast, Canada and Caribbean Islands
December 7, 2016
Brynwood Partners VII LP, Greenwich, Conn., announced that its majority-owned portfolio company, Harvest Hill Beverage Co., has reached an agreement to acquire the Nutrament business from Nestlé HealthCare Nutrition Inc.
Chicago-based Information Resources Inc. (IRI) announced results from its study analyzing the habits of U.S. consumers regarding alcohol beverages. Although drinks of choice differed among generations, consumers — from millennials to seniors — continue to indulge in beer, wine and spirits products with regular frequency at home and on-premise, it reports.
Brand celebrates the holidays with samples of seasonal teas
December 6, 2016
Boulder, Colo.-based Celestial Seasonings, a brand of The Hain Celestial Group Inc., is inviting tea lovers to celebrate the magic of the season with a free Candy Cane Lane Holiday Tea sample program on Facebook.
Seattle-based Starbucks Corp. announced that Kevin Johnson, president and chief operating officer (COO) and a seven-year member of the Starbucks Board of Directors, will expand his responsibilities and assume the role of president and chief executive officer, effective April 3, 2017.
Eugene Kashper to remain full-time Chairman of the Board
December 2, 2016
Los Angeles-based Pabst Brewing Co., announced that it has named Simon Thorpe Chief Executive Officer, effective December 1. Eugene Kashper, current chairman and chief executive officer, will remain full-time Chairman of the Board and continue to play an active role in the business. There will be a 60-day transition period between Kashper and Thorpe to ensure a smooth handover, the company says.