This week's round-up of people on the move includes Kraft's new
board member, Alcoa's new vice president and a rumour that Unilever
is considering changing its top management.
Despite attempts by Kraft Foods to give the company a healthier
image, earnings fell for the fifth straight quarter as higher
commodity costs and retail price pressures took their toll.
Fun, convenience and health are the clear drivers of innovation in
the food industry, as the latest review of new products from
Mintel's Global New Product Database shows.
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the
increased earnings.
