John Butcher adds top executive role with foodservice company
January 22, 2019
Minneapolis-based Caribou Coffee, a subsidiary of JAB Holding Co., announced that John Butcher has been appointed president and chief executive officer. Butcher has served as president of Caribou Coffee since joining the company in June of 2017.
Jeff Nicholson brings investment expertise to winery
January 2, 2019
Vintage Wine Estates, Santa Rosa, Calif., has appointed Jeff Nicholson to the new role of chief operating officer. Most recently, Nicholson was an operating partner at AGR Partners. AGR Partners is an investment firm dedicated to food and agribusiness who acquired a minority equity stake in Vintage Wine Estates in April 2018. Nicholson will continue to be on the Advisory Board for AGR Partners.
The American Beverage Association (ABA), Washington, D.C., announced that Katherine Lugar, president and chief executive officer (CEO) of the American Hotel & Lodging Association (AHLA), will join ABA as its new president and CEO later this year. Lugar will succeed Susan K. Neely, who led the ABA for 13 years. Neely was named president and CEO of the American Council of Life Insurers (ACLI) in May 2018.
After 12 years as chief executive officer (CEO) of PepsiCo Inc., Purchase, N.Y., Indra Nooyi announced that she will step down Oct. 3. Nooyi has been with the company for 24 years. She will remain chairman until early 2019. Following a unanimous election by the Board of Directors, Ramon Laguarta, president of PepsiCo, will assume the CEO position as well as election to the Board of Directors.
Schultz bids farewell after 40 years of leadership
June 12, 2018
Starbucks Coffee Co., Seattle, Wash., announced that their iconic leader and visionary entrepreneur Howard Schultz is stepping down from his role as executive chairman and member of the Board of Directors, effective June 26. He will be honored with the title of chairman emeritus, the company said in a statement. The company will continue to be led by Kevin Johnson, chief executive officer (CEO) and member of the Board of Directors, it added.
Our April cover story spotlights Hint Water and founder Kara Goldin’s journey in facilitating the multi-million dollar company. Also this month, our 2019 Soft Drink Report, a write-up of some noteworthy exhibitors from Natural Products Expo West and a market outlook on the performance of the spirits category within the past year. And as usual, we gathered the latest new products, packaging and R&D news.
Check back throughout the month for additional content.