InBev finalizes purchase of Anheuser-Busch
LEUVEN, Belgium InBev announced today that it has finalizes its acquisition of U.S. brewer Anheuser-Busch Cos.
The maker of Beck’s beer announced that the new company will be called Anheuser-Busch InBev and will trade under a new symbol starting Nov. 20. The buyout deal was worth $52 billion total, or $70 per share.
The newly combined company will produce about one-quarter of the beer consumed in the world and will generate about $36 billion annually, the companies said.
InBev also has recently reached an agreement with regulators to sell holdings of the Labatt USA beer business and licenses.
Winn-Dixie names Forehand to regional vice president
JACKSONVILLE, Fla. Winn-Dixie Stores on Tuesday promoted Cheryl Forehand to regional vice president, where she will oversee the day-to-day and strategic operations of the company’s 135 stores in the Jacksonville region. Forehand has held numerous positions in the company including director of special projects, division manager and most recently vice president of operations.
Last year, she was named as one of 2007’s Top Women in Grocery by Progressive Grocer magazine.
Taking over as vice president of operations will be Shawn Sloan, the company stated, who is being promoted from his post as director of maintenance and energy management. He will work to strengthen the company’s inventory management programs while continuing to improve its hurricane preparedness program, Winn-Dixie said.
And Rich Cline has joined Winn-Dixie as the vice president of operations support from Pamida, located in Omaha, Neb., where he was vice president of store operations. Cline began his career in grocery retail at Jewel-Osco, later moving to Albertsons, and will be responsible for providing leadership to retail support functions and developing cross-functional operations strategies at Winn-Dixie.
Forehand, Sloan, and Cline will report to senior vice president of retail operations Frank Eckstein.
In another personnel move, Mike Istre has been named vice president, maintenance, energy and property management. Istre has held positions throughout the organization including vice president of operations, regional vice president and division president. He will report to group vice president of development Phil Pichulo.
Guiltless Gourmet founder introduces new 100 percent bean-based chip
AUSTIN, Texas Guiltless Gourmet founder and former chief executive officer Doug Foreman announced Monday an entirely new concept (and company) in the snack foods category‹Beanitos, the first 100-percent, bean-based chip. Full of natural protein and fiber, gluten-free and complete with a low glycemic, Beanitos offers a healthy alternative to many potato, corn, rice and wheat-based snack competitors.
The bean chips will be manufactured and distributed under the Right Brothers Foods, Inc. Bean Brand from their Austin, Texas-based headquarters beginning in early 2009 with their first line of multi-flavored black bean and pinto bean chips. Foreman predicts the company will add 50 new employees in the first half of 2009 and 450 within the next three years.
“I understand the mechanisms of launching and growing a successful food company,” Foreman said. “Now is the best time to introduce Beanitos to the marketplace. I developed this gluten-free, low glycemic product because of the widespread concern about the decline of Americans’ health as a result of the Western diet. But it was very important to me that the taste remains the top priority. Now consumers have a healthier choice in chips without sacrificing taste at all. There’s nothing else like it.”