Heineken N.V. has announced the appointment of Glenn Caton as the President of the Europe Region, succeeding Soren Hagh [221c6a6d].
Glenn Caton joins Heineken from Mondelez International, where he currently holds the position of Senior Vice President Global Commerce [221c6a6d].
Soren Hagh will be leaving Heineken on December 31, 2023, to pursue a new role [221c6a6d].
This leadership change reflects Heineken's commitment to driving growth and success in the European market. With the appointment of Glenn Caton, the company aims to continue its strong presence and expand its operations in the region [221c6a6d].
The Coca-Cola Company has also announced a new leader for its Sparkling Flavors category. Santiago Iturralde, a former executive at Unilever, will become the president of the Sparkling Flavors global category, effective February 23 [d47ce4dc].
Iturralde will focus on growing the Sparkling Flavors category, led by the Sprite and Fanta portfolios. He succeeds Jasmin Vinculado, who has led the category since 2021 and is leaving the company on April 30 [d47ce4dc].
Iturralde brings a strong track record of delivering growth across various consumer products categories and brands, having worked at Unilever from 1995 to 2023. He holds a bachelor's degree in marketing and business administration from the Universidad de Palermo in Buenos Aires [d47ce4dc].
In addition, the Beer Institute, a national trade organization representing the beer industry, has appointed Andrew Heritage as its chief economist [94fafb35].
Heritage, who previously served as a senior economist at the Coalition for a Prosperous America, brings extensive research experience in the manufacturing and small business economy sectors. He will lead the Beer Institute's research efforts and advocate for the beer industry [94fafb35].
Splash Beverage Group, Inc. has announced the appointment of John Paglia as a board member and Chair of the Audit Committee [6fb57ac3].
Dr. Paglia, a Professor of Finance at Pepperdine Graziadio Business School, brings over 15 years of corporate governance experience. He also serves as an independent board member and audit committee chair at Simulations Plus, Inc. and Aeluma, Inc. [6fb57ac3].
This appointment reflects Splash Beverage Group's commitment to strengthening its corporate governance and financial oversight. With Dr. Paglia's expertise, the company aims to enhance its strategic decision-making and ensure compliance with regulatory requirements [6fb57ac3].
Swedish fashion retailer H&M has announced that its nomination committee is proposing Helena Saxon as a new board member. Saxon, the current chief financial officer at Swedish investment group Investor AB and a board member of bank SEB, will replace Skype founder Niklas Zennstrom, who declined re-election [3b0ff943].
This appointment reflects H&M's commitment to diversifying its board and bringing in new perspectives. With Saxon's experience in finance and banking, the company aims to strengthen its financial management and strategic decision-making [3b0ff943].
SBEV shares fell 1% to 64 cents [6fb57ac3].