Emerging Markets

The Cheerios, Pillsbury and Betty Crocker maker will focus on continued international growth with leadership changes. Pic: Getty Images/tacar

General Mills' leadership team reshuffle

By Kristine Sherred

The Minneapolis-based food giant has announced a series of changes to its management team, including the retirement of CFO Don Mulligan - a 20-year company veteran - and the promotion of its US cereal lead to the European and Austalian division.

Grupo Bimbo Net posted flat sales year-over-year, mainly due to a stronger Mexican peso, volume pressure in North America and weaker consumption in Mexico, offset by sales growth in EAA. Pic: Grupo Bimbo

Grupo Bimbo posts soft sales

By Gill Hyslop

The world’s biggest bread maker reported higher prices and growing revenue headwinds in the US and Mexico contributed to flat net sales for its second quarter ended June 30.

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