[EDITOR'S NOTE: The following is a piece written by Food Institute President Brian Todd. The piece will be published in the upcoming March 5 edition of the Food Institute Report.]
The Food Institute tracked 47 executive changes at food companies during January, compared to 41 a year ago. Thirteen women, including three CEOs or presidents, were included in that total, versus 12 in January 2017 when four women became CEOs or presidents.
By individual industry sectors, there were 17 executive changes at manufacturers versus ten a year earlier, including four women in 2018 and two in 2017.
At retail, there were 13 executive changes, down from 14 a year earlier, but women accounted for six of those spots, versus just one a year earlier. They included Monica Garnes becoming president of Kroger Co.’s Fry’s Division, and Susan Morrison becoming EVP/COO at Albertson’s Cos.
These changes also included Scott McGinty being named president at Aurora Organic Dairy, Nick Hampton CEO at Tate & Lyle and George Frahm president at Stater Bros.
If anyone wondered how Kroger would fare now that Amazon has jumped into the grocery space, I think we can safely say that any doubts have now been put to rest. The company recently reported a $2 billion profit for its first quarter on the heels of the sale of its convenience store business, and that's just the start of it.read more
If you've gone to the grocery store lately you've surely noticed the increased importance given to products that make mealtime easier. From pre-cut fruits and vegetables to meal kits to fully-prepared dishes, the supermarket is becoming a major competitor in the foodservice sector.read more
Chris focuses on fresh, canned and frozen fruit and fresh and dried vegetables for the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He is a proud Rutgers University alumnus with a degree in English, and has a background in web writing for a variety of industries, including legal, foodservice and small-to-medium sized businesses. In his downtime you can find him watching New York Yankees baseball, hiking, enjoying live music and spending time with his dog Kaiden. He invites you to contact him via email at email@example.com to talk about anything food-related.
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