Fast-moving consumer goods

The Kraft Heinz Company Foundation Commits $15 Million Over Three Years to Rise Against Hunger to Provide 463 Million Meals to People in Need

Retrieved on: 
Tuesday, April 9, 2024

Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.

Key Points: 
  • Today, The Kraft Heinz Company Foundation announces an extended three-year partnership and $15 million commitment to Rise Against Hunger , an international nonprofit organization.
  • The commitment builds on a decade-long partnership between Kraft Heinz and Rise Against Hunger to alleviate global hunger and improve access to nutrition.
  • View the full release here: https://www.businesswire.com/news/home/20240409900011/en/
    Kraft Heinz employees pack meals during the annual Packathon (Photo: Business Wire)
    “At Kraft Heinz, we aim to provide 1.5 billion meals to people in need by 2025,” said Andrea Budelli, President of The Kraft Heinz Company Foundation and Chief R&D Officer of Developed & Emerging Markets at Kraft Heinz.
  • This impact includes:
    Fortified more than 127 million Rise Against Hunger meals with 21 million micronutrient sachets for school feeding and dietary supplementation programs.

CI&T Named in Everest Group’s Global Retail IT Services and CPG IT Services PEAK Matrix® Assessments 2024

Retrieved on: 
Wednesday, March 27, 2024

CI&T (NYSE: CINT), a leader in driving AI-powered digital transformation for global brands, announced today it was recognized by leading research firm Everest Group in two new global reports for 2024.

Key Points: 
  • CI&T (NYSE: CINT), a leader in driving AI-powered digital transformation for global brands, announced today it was recognized by leading research firm Everest Group in two new global reports for 2024.
  • CI&T was named a Major Contender in the Consumer Packaged Goods (CPG) IT Services PEAK Matrix® and an Aspirant in the Retail IT Services PEAK Matrix® for 2024.
  • "As we reflect on our successes with our valued CPG and Retail clients, we're energized by the momentum we've built together," said Marcelo Vessoni, SVP, Head of Retail, CI&T.
  • In addition, CI&T was recognized as an Aspirant by Everest Group for the Retail Services IT PEAK Matrix Assessment 2024 which examined 24 providers.

New Study Finds GenAI as Top Tech Investment for Manufacturers, While 94% Expect to Maintain or Expand Their Workforce

Retrieved on: 
Tuesday, March 26, 2024

83% of manufacturers expect to use generative AI (GenAI) in their operations in 2024.

Key Points: 
  • 83% of manufacturers expect to use generative AI (GenAI) in their operations in 2024.
  • 95% of manufacturers are using or evaluating smart manufacturing technology – up from 84% in 2023.
  • The survey pulled from a range of industries including Consumer Packaged Goods, Food & Beverage, Automotive, Semiconductor, Energy, Life Sciences, and more.
  • With a balanced distribution of company sizes with revenues spanning $100 million to over $30 billion, it offers a wide breadth of manufacturing business perspectives.

Kraft Heinz Named to Fast Company’s Annual List of the World’s Most Innovative Companies

Retrieved on: 
Tuesday, March 19, 2024

The Kraft Heinz Company (NASDAQ: KHC) has been ranked #26 on Fast Company’s prestigious list of the World’s Most Innovative Companies (MIC).

Key Points: 
  • The Kraft Heinz Company (NASDAQ: KHC) has been ranked #26 on Fast Company’s prestigious list of the World’s Most Innovative Companies (MIC).
  • “We have re-engineered our company for the future,” said Kraft Heinz CEO Carlos Abrams-Rivera.
  • Fast Company’s Most Innovative Companies package is available online , and on newsstands beginning March 26.
  • This event celebrates the Most Innovative Companies honorees and provides an inside look at cutting-edge business trends and what it takes to innovate in 2024.

Palm Tree Names Michael Schall as a Strategic Industry Advisor for Investment Banking Operations

Retrieved on: 
Tuesday, March 12, 2024

Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.

Key Points: 
  • Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced Michael Schall as a strategic industry advisor on the Consumer Packaged Goods (CPG) and Food & Beverage (F&B) industries for its investment banking operations.
  • “Michael is uniquely qualified to advise on growth efforts within this comprehensive industry, given his extensive experience within CPG and F&B-focused operations spanning over 40 years.
  • “I am honored by the opportunity to advise Palm Tree on driving growth and maintaining forward momentum for its CPG and F&B investment banking practice,” said Mr. Schall.
  • He is also a partner at Meaningful Partners , a Senior Advisor to Conscious Capitalism , and an operating adviser for Graham Partners .

ASSEMBLY EXPANDS GLOBAL LEADERSHIP TEAM WITH NEW ELEVATIONS

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024  /PRNewswire/ -- Today, global media agency Assembly announced it is elevating two of its senior leaders to take on expanded roles aimed at boosting global reach, operational efficiency, and innovation. Andrea Timmerman, North America EVP Client Experience, has been promoted to Global Chief Client Officer, and Tim Lippa, North America EVP Strategy Head of Consultancy, has been promoted to Global Chief Product Officer. Both roles, reporting to Global CEO Rick Acampora, are the first strategic elevations under his leadership, marking a significant milestone for the agency. These elevations underscore the agency's commitment to leveraging seasoned leadership to navigate the complexities of the global market, infusing more client-centricity around the globe, and truly operating within the organizational design Acampora transformed for the agency in his previous role as Global Chief Operating Officer. In their global roles, Timmerman and Lippa will also be responsible for working closely with regional leadership to ensure best-in-class delivery and to ensure global consistency.

Key Points: 
  • Both roles, reporting to Global CEO Rick Acampora, are the first strategic elevations under his leadership, marking a significant milestone for the agency.
  • In their global roles, Timmerman and Lippa will also be responsible for working closely with regional leadership to ensure best-in-class delivery and to ensure global consistency.
  • "I couldn't be more confident in the agency we are today and where we are going," said Rick Acampora, Assembly Global CEO.
  • Davis will partner with Global CCO and client leadership teams to drive retention, growth, innovation, and client satisfaction for key clients, like Lenovo and T. Rowe Price.

Noogata Appoints Leading Ecommerce Expert To Help CPGs Discover the Power of Growth-Focused AI Insights

Retrieved on: 
Monday, March 18, 2024

TEL AVIV, Israel, March 18, 2024 /PRNewswire/ -- Noogata, the Amazon AI growth platform, recently appointed Edo Sacca, previously Head of Business Development at Similarweb and Senior Director of Corporate Development at Pacvue & Helium10, is now serving as Strategic Advisor helping U.S-based CPGs selling on Amazon to take advantage of ecommerce solutions to accelerate growth in sales, market share and revenue.

Key Points: 
  • Edo Sacca serves as the Strategic Advisor for Noogata, an Amazon intelligence and growth platform providing AI insights, competitor intelligence and tools to help brands grow sales.
  • With rising competition and shrinking profit margins, AI is playing a pivotal role in helping brands grow and outperform new and existing competitors.
  • As an expert in the arena of ecommerce and marketplace analytics, Noogata and Edo are successfully guiding industry-leading CPGs through their AI digital transformation process.
  • They will be meeting industry professionals to discuss AI for Amazon, highlight ecommerce challenges and showcasing solutions for amplifying sales on the Amazon marketplace.

Nexxen Reports Results for the Fourth Quarter and Year Ended December 31, 2023

Retrieved on: 
Wednesday, March 6, 2024

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (AIM/NASDAQ: NEXN) (“Nexxen” or the “Company”), a global, unified advertising technology platform with deep expertise in video and Connected TV (“CTV”), announced today its financial results for the fourth quarter and year ended December 31, 2023. The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.

Key Points: 
  • The Company’s financial results for the fourth quarter and year ended December 31, 2023, as well as the fourth quarter ended December 31, 2022, reflect the combined financial performance of Nexxen and Amobee, while comparative figures for the year ended December 31, 2022 include Amobee contribution only from September 12, 2022 through December 31, 2022.
  • CTV Revenue: CTV revenue was $19.9 million in Q4 2023, compared to $33.0 million in Q4 2022.
  • CTV revenue was $85.5 million for the year ended December 31, 2023, reflecting a 12% decrease from $97.2 million for the year ended December 31, 2022.
  • The Company added 372 new supply partners during the twelve months ended December 31, 2023, including 327 in the U.S.

Hot Dog! The Kraft Heinz Not Company Launches First-Ever, Plant-Based Oscar Mayer Hot Dogs and Sausages

Retrieved on: 
Wednesday, March 6, 2024

Today, The Kraft Heinz Not Company LLC debuted NotHotDogs and NotSausages, the first ever plant-based Oscar Mayer offerings and the first plant-based meat innovation from the joint venture between The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) and TheNotCompany, Inc. (“NotCo”).

Key Points: 
  • Today, The Kraft Heinz Not Company LLC debuted NotHotDogs and NotSausages, the first ever plant-based Oscar Mayer offerings and the first plant-based meat innovation from the joint venture between The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) and TheNotCompany, Inc. (“NotCo”).
  • View the full release here: https://www.businesswire.com/news/home/20240306594561/en/
    The Kraft Heinz Not Company debuts Oscar Mayer NotHotDogs and NotSausages.
  • Looking to the year ahead, The Kraft Heinz Not Company plans to scale into additional categories and recently began its international expansion.
  • For more information and to stay up to date on all things Kraft Heinz, Oscar Mayer, and NotCo, follow along on Instagram ( @kraftheinz , @oscarmayer , @NotCoUS ) and TikTok ( @hereatkraftheinz , @oscarmayer , @NotCoUS ).

Clarins Teams Up with Dassault Systèmes to Achieve New Levels of Efficiency at Its Two French Production Sites

Retrieved on: 
Thursday, February 29, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240228465297/en/
    Clarins will deploy Dassault Systèmes’ “Perfect Production” industry solution experience based on the 3DEXPERIENCE platform.
  • To support us, we looked for a global manufacturing solution to streamline and manage production, logistics and maintenance, as well as synchronize warehouse materials.
  • The Dassault Systèmes solutions, with its extensive knowledge of our sector, provide us with the capabilities to succeed in our strategy,” said Denis Martin, Business Support Transformation Officer, Clarins.
  • Clarins will leverage “Perfect Production” to ensure a profitable growth of its operations while guaranteeing the quality of its product.