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Search resuls for: "Stephen Nakrosis"


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☆ Post to Buy Pet Food Brands From J.M. Smucker for $1.2 Billion
  + stars: | 2023-02-08 | by ( Stephen Nakrosis | ) www.wsj.com   time to read: 1 min
The deal includes Rachael Ray Nutrish and Gravy Train in addition to 9Lives and other brands. Post Holdings Inc. agreed to pay $1.2 billion to buy multiple brands from J.M. Smucker Co. in a deal that marks the food giant’s entry into the pet-foods market. The transaction includes Rachael Ray Nutrish, Gravy Train, 9Lives, Nature’s Recipe and Kibbles ’n Bits, as well as manufacturing locations in Bloomsburg, Pa.; Meadville, Pa.; and Lawrence, Kan.
☆ WW International Says Chief Financial Officer to Depart
  + stars: | 2022-11-30 | by ( Stephen Nakrosis | ) www.wsj.com   time to read: 1 min
WW International Inc. on Wednesday said Amy O’Keefe will step down from her role as chief financial officer effective Dec. 2, but will remain with the company through the end of the year to support the finance team. Heather Stark, a 12-year veteran of the company who most recently served as head of North American Finance, will assume the role of interim principal financial officer, the company said. Also on Wednesday, the company, also known as WeightWatchers, said Tiffany Stevenson will join the company in January and assume the role of chief people officer. Most recently, she was chief people officer of Patreon, and before that spent 12 years at Sephora, WW said. The company also appointed David Cohen as chief data officer.
☆ Ford Warns Parts Shortages Will Lead to Higher-Than-Planned Number of Unfinished Vehicles
  + stars: | 2022-09-19 | by ( Stephen Nakrosis | ) www.wsj.com   time to read: 1 min
Ford Motor Co. said Monday that shortages of certain parts will result in a higher-than-planned number of unfinished vehicles in its inventory. “Vehicles on wheels” have been built but are still in need of some parts, the company said. Ford said it expected to have about 40,000 to 45,000 such vehicles in inventory at end of the third quarter. Those vehicles “disproportionately include high-demand, high-margin models of popular trucks and SUVs,” Ford said.
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