The Kraft Heinz Company is separating into two independent companies, a decade after the $50 billion merger between Kraft Foods Group and H.J. Heinz. The transaction is expected to close in the second half of 2026.
Coca-Cola Europacific Partners (CCEP) vice president and general manager of Australia, Pacific and South-East Asia (APS), Peter West, is resigning at the end of the year. It will bring his career of nearly four decades in fast-moving consumer goods to a close.
Lion has appointed Anubha Sahasrabuddhe as its new CEO. Sahasrabuddhe is the company’s chief growth and commercial officer and co-leader of the Lion Australia business. She replaces Sam Fischer, who resigned in May and leaves at the end of October to head Treasury Wine Estates.