Food Business News - June 21, 2011 - (Page 13)

John Bilbrey to helm at Hershey HERSHEY, PA. — John P. Bilbrey has been named president and chief executive officer as well as a director of The Hershey Co., effective immediately. Mr. Bilbrey was named interim president and c.e.o. in midMay. He succeeds David J. West, who left to become c.e.o. of Del Monte Foods. “J.P. has the experience, deep industry knowledge and the right skills to lead Hershey’s Bilbrey growth as it continues to evolve into a global company,” said James E. Nevels, chairman of the board. Mr. Bilbrey has more than 30 years of global consumer packaged goods experience. Prior to being named interim president and c.e.o. in May, he was chief operating officer. From December 2007 to November 2010, he was senior vice-president, president, Hershey North America. He joined Hershey in 2003 as senior vice-president, president, Hershey International. Before joining Hershey, Mr. Bilbrey held executive positions at Mission Foods and Danone Waters of North America, Inc., a division of Groupe Danone, Paris. Additionally, he spent 22 years at The Procter & Gamble Co., where he served in positions of increasing responsibility in both the U.S. domestic business as well as numerous international assignments. FBN Good for natural label product taste ease of formulation healthy solutions future development bottom line Your ICL Performance to acquire Cosmocel Quimica ST. LOUIS — ICL Performance Products, a global specialty phosphate producer, has signed an agreement to acquire Cosmocel Quimica S.A. de C.V., a subsidiary of Cosmocel Group. Based in Monterrey, Mexico, Cosmocel manufactures functional food ingredients and specialty chemicals that are sold under the Cosmocel brand. “Through this acquisition, ICL Performance Products is expanding our reach in the food, beverage and specialty chemical markets,” said Charles Weidhas, president and chief executive officer of ICL Performance Products. “We are broadening both our product portfolio and our geographical customer base. This will allow us to expand our ability to meet our customer’s needs, especially in the bakery, dairy and beverage markets. In addition, it reinforces our position as a global leader in the phosphates and food ingredient industry.” As part of the transaction, ICL will acquire the Cosmocel’s manufacturing facility in Monterrey and its sales and distribution network in Mexico, Central and South America. Under ICL Performance Products, the acquired company will operate as ICL Fosfatos y Aditivos México, S.A. de C.V. FBN Fiber is increasingly becoming the ingredient consumers are demanding. How do you give consumers the health benefits of fiber without compromising taste and texture? With PROMITOR™ Dietary Fiber! From cereal bars and ice cream, to soups and salad dressings and even flavored water, PROMITOR™ Dietary Fiber is well tolerated and formulates easily, resulting in healthier foods that taste delicious. Choose PROMITOR™ Dietary Fiber and give consumers the nutrition they need while they enjoy the foods they love! our ingredients – your success ©2011 Tate & Lyle • June 21, 2011 FOODBUSINESS NEWS ® 13

Table of Contents for the Digital Edition of Food Business News - June 21, 2011

Food Business News - June 21, 2011
C.D.C. report fi nds increase in salmonella infections
General Mills sees ‘robust’ growth opportunities in global yogurt category
Following Jimmy
Web Contents
Editorial - German E.coli outbreak underscores need to fund F.S.M.A.
ConAgra acquires Marie Callender’s trademarks
Kraft investing to eradicate malnutrition
Perkins & Marie Callender’s fi les for bankruptcy
Snack food sales reach $64 billion in 2010, may top $77 billion by 2015
Recession seen triggering sharp drop in food product introductions
Cargill opens Latin American innovation center
John Bilbrey to helm at Hershey
ICL Performance to acquire Cosmocel Quimica
Sugar bull
Smithfield terminates Campofrio bid
Omega-3 food, beverage market grows 11%
Roark Capital ups presence in food industry
Calavo earnings decline due to higher costs
Mountaire Farms acquiring bankrupt poultry company
Diamond Foods returns to profi tability in third quarter
Nestle water efforts recognized
C.D.C. report points to increase in salmonella infections
Consumers await full impact of higher food prices
A difficult disappearing act
Innovation honored by the I.F.T.
Mintel: Functional foods ‘on life support’
Allergen labeling guidance needed
Creating a defi nition of sustainable nutrition
German E. coli outbreak may lead to changes
Chronic inflammation: The next opportunity?
ConAgra Mills unveils food safety system for flour
Finding fiber everywhere
Spicy fl avors moving beyond heat
Dairy Business News
Commission clears Lactalis acquisition of Parmalat
New texture system replaces milk fat in dairy products
Researchers target sodium redution in cheese
General Mills sees ‘robust’ growth opportunities in global yogurt category
Saputo fiscal year earnings rise 18%
New Danisco system targets artisan ice cream
Researchers target sodium reduction in cheese
Single-serve licensing
Quiznos adds three concepts to menu
Flax USA introduces Flaxmilk
Johnsonville Sausage adds chicken varieties
General Mills adds brownies to Fiber One line
Farley’s & Sathers updates Tree Top line
Ingredient Market Trends
Senate vote to end ethanol support seen as symbolic
Ingredient Markets
New container may hold two compatible products
Solbar names president of U.S. business
Sensient launches naturally-sourced colors in dry state
Comax develops fl avors for energy drinks
Puratos launches bake-stable chocolate fi llings
DSM completes U.S. innovation center
Sea salt assists in sodium reduction
Ad Index
Food Business in the News

Food Business News - June 21, 2011