Why food CEOs are rushing for the exits
Story Date: 10/6/2017

 

Source: Spencer Jakab, CET US NEWS, 10/1/17


A cereal killer is stalking the executive offices of packaged food companies, with Kellogg boss John Bryant being the latest victim. Other companies where chief executives have left since the spring of 2016 or are on their way out include General Mills , Mondelez, Hormel, Hershey, Nestlé and Coca-Cola .  As recently as 2015 many of these companies saw strong investor demand for their shares in a “boring is beautiful” trade—a bet helped along by speculation that there would be more ...

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