Unilever CEO Polman Quits After 10 Years

The CEO of Unilever is stepping down after 10 years at the helm.

Paul Polman’s tenure was marked by a 290% return on investment and a successful defense against a takeover bid by Kraft Heinz. On the other hand, his attempt to move the Anglo-Dutch conglomerate’s headquarters out of the United Kingdom was shot down last month after large shareholders objected. The company, which has long maintained dual headquarters in the UK and Holland, was seen as trying to pull out in the wake of Brexit.

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Litehouse CEO Jim Frank To Retire

Refrigerated salad-dressing maker Litehouse Inc. announced that President/CEO Jim Frank will be retiring from the company. Kelly Prior, executive vice president and CFO, will be interim president during a search for the company’s next CEO.

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T. Marzetti Gets New Chief

A consumer-goods veteran executive has taken over as the new head of T. Marzetti, the specialty foods division of Lancaster Colony.

Carl Stealey, whose resume includes positions with Procter & Gamble and Conagra Brands, was hired to run T. Marzetti, whose 16 brands include Marzetti salad dressings, New York Bakery frozen breads and Romanoff caviar.

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Carolina Beverage Group appoints Brian Demos as president and CEO

Carolina Beverage Group, LLC (“Carolina Beverage Group”), a wholly-owned portfolio company of Brynwood Partners VIII L.P. and Brynwood Partners VII L.P. announced that it had appointed Brian Demos as its new President and CEO. “We are delighted to have hired Brian as President and CEO of Carolina Beverage Group. The rapid innovation occurring in the beverage category requires a dynamic leader and Brian brings the perfect combination of scientific knowledge, commercial application, and general management experience to Carolina Beverage Group,” said Henk Hartong, Brynwood Partners’ Chairman and CEO.

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Welch’s Gets New CEO

Welch’s Foods has a new CEO, following the retirement of Brad Irwin after 10 years at the helm.

Trevor Bynum, formerly president of the foodservice division of Schwan Food Company, will take over at Welch’s on Oct. 1. He has previously held positions at the WhiteWave Foods division of Groupe Danone, where he was vice president for growth channels, and at General Mills, as a marketing manager.

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Tyson Gets New CEO

Top 100© Lister Tyson Foods has a new chief executive officer, following the departure of Tom Hayes after less than two years.

Noel White, a company veteran who now serves as chief operations officer, will take over as CEO at the end of September. White has been with Tyson since its acquisition of IBP in 2001.

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