Chairman of Schwan Food Co. set to retire
MARSHALL, Minn. Chairman of The Schwan Food Co., Afred Schwan, will retire at the end of the year after 45 years of service, reports said Monday.
Schwan has served as company chairman for 15 years, reports said. Schwan also served for five years as company president and CEO. He is 83 years old.
Schwan has stated that Dec. 31 will be his final day as chairman and Schwan Food Co. has said that his replacement will be named early next year.
Dr Pepper Snapple joins Stevia-sweetened beverage stampede
NEW YORK Fresh off news that its two biggest competitors plan to launch new diet beverages containing a new sugar alternative made from the plant Stevia, Dr Pepper Snapple Group announced Thursday it also plans to join Coke and Pepsi, and expects to launch a similar beverage product containing the new alternative sweetener.
On Wednesday, the Food and Drug Administration approved the use of Stevia-based sweeteners in foods and beverages.
The sweeteners, made from the leaves of a South American shrub, will provide natural alternatives to chemical sweeteners like Equal and Splenda.
FDA approves Coca-Cola, PepsiCo sweeteners derived from stevia plant
ATLANTA, GEORGIA and PURCHASE, N.Y. The Food and Drug Administration has announced that a sweetener derived from the stevia plant that were developed by Cargill and Coca-Cola, and one developed by PepsiCo, have been approved for use in foods and beverages.
Coca-Cola and Cargill had partnered to develop the branded sweetener Truvia which will be used to sweeten soft drinks and fruit-flavored beverages, the companies have said.
PepsiCo’s PureVia sweetener, also created from a process using rebiana, a natural extract from the South American –native stevia plant, also received designation as “generally safe” for human consumption.