Consumer Goods Firms Cut CEO Tenures Short in Push for Growth
Consumer goods firms are changing CEOs as fast as sports teams change coaches as boards lose patience with sluggish growth, U.S. tariff uncertainty and the challenge of connecting with younger shoppers.
Kraft Heinz on Tuesday named industry veteran and former Kellogg top boss Steve Cahillane as its new CEO, the latest consumer goods giant to change leadership this year.
Kraft Heinz's reshuffle comes after Coca-Cola, cosmetic retailer Coty and yoga pants maker Lululemon all changed CEOs last week. They joined a long list...
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