New execs named at Molson Coors
DENVER and MONTREAL — Molson Coors has expanded its leadership team, the brewing company announced Wednesday.
Molson Coors said that Torsten Kuenzlen, formerly president director of Coca-Cola’s Indonesia region, has joined as Molson Coors International’s new chief marketing officer. Celso White, former VP and general manager, Americas concentrate operations at PepsiCo, has joined as Molson Coors’ new chief supply chain officer. In addition, Lee Reichert, formerly a partner with Lathrop & Gage LLP, has joined Molson Coors as general counsel. All of the executives will be based in Denver, Colo.
During his 17 years with Coca-Cola, Kuenzlen led commercial and marketing operations across the globe, including Europe, Latin America and Asia, and was part of a management team tasked with transforming their business across Africa. He received a master’s degree in International Business Management from Rheinland Pfalz University in Germany, and served as an officer of the German Air Force.
White joins Molson Coors with more than 25 years in consumer products. His initial assignments were in engineering first with Silgan White Cap, then with M&M/Mars and Campbell Soup. More recently, White had accountabilities in general supply chain management with PepsiCo where he held the position of VP and general manager, Americas concentrate operations. This included leading all aspects of the supply chain throughout the Americas (Canada to Southern Cone) and the Asia Pacific region.
Reichert has been recognized as a leading M&A attorney for a number of years by both the Chambers USA Guide to leading Business Attorneys and in the Best Lawyers in America. Reichert also has extensive experience in the global brewing industry having served as outside counsel to Molson Coors on a range of issues for nearly a decade. He earned his J.D. magna cum laude at the University Of Illinois College of Law and graduated cum laude from Colgate University.
Report: Kraft scales back wholesale prices for coffee
NORTHFIELD, Ill. — J.M. Smucker isn’t the only company that has trimmed its coffee prices.
On week after the company announced its coffee price reduction, Kraft Foods reportedly is lowering its wholesale prices for such brands as Maxwell House by about 6%, according to an Associated Press report. The price reduction includes 20 cents per pound on roast and ground coffees and 2 cents per ounce on instant coffees.
As previously reported by Drug Store News, J.M. Smucker, which sells items under the Folgers, Dunkin’ Donuts and Folgers Gourmet Selections brands, cut the list prices of the products by an average of 6% due to declines in the green coffee futures market.
Kraft announces second annual Huddle to Fight Hunger initiative
NORTHFIELD, Ill. — Kraft Foods once again is on a mission to donate meals to Feeding America through the company’s second annual hunger relief campaign.
Kraft, along with its brands, have commenced the second annual Huddle to Fight Hunger initiative, which encourages Americans to generate meal donations for Feeding America through several social media initiatives, including Facebook and Twitter. This year, Kraft is looking to donate 25 million meals, up 4 million meals from its 2010 efforts.
The promotions will lead up to the annual Kraft Fight Hunger Bowl, which again will be held in San Francisco on New Year’s Eve.
"Huddle to Fight Hunger builds upon three things Americans are passionate about… football, food and helping others," Kraft Foods’ senior director of consumer engagement and marketing partnerships Stephen Chriss said. "By leveraging our flagship brands, as well as big stages like the Kraft Fight Hunger Bowl and iconic partners, we hope to inspire America to join our huddle and help us tackle this serious issue."