PepsiCo donates $50K to National Association of Hispanic Journalists
PURCHASE, N.Y. — PepsiCo has donated $50,000 to the National Association of Hispanic Journalists that will be used for scholarships and internships to support Latino students pursuing careers in communications, journalism and social media.
The food and beverage company’s contribution to the NAHJ will benefit a total of 15 Hispanic students with scholarship and internship opportunities.
The donation was announced at the NAHJ’s Annual Convention in Orlando, Fla., on Thursday, where PepsiCo serves as the exclusive sponsor of NAHJ’s Newsmaker Luncheon, a landmark conference event for the organization.
PepsiCo’s support of NAHJ is part of its La Promesa de PepsiCo program, which focuses specifically on Latino empowerment and the issues that matter most to Hispanics, including Latino education, employment opportunities, promoting active lifestyles and investing in science to develop healthier products, PepsiCo said.
Triple Double Oreo gets a home on store shelves
EAST HANOVER, N.J. — First came the Double Stuf; now Nabisco is bringing "milk’s favorite cookie" to a whole new level.
The latest Oreo innovation, called the Oreo Triple Double, is a sandwich cookie that features three pieces of chocolate wafers that are separated by chocolate and vanilla cream. Oreo Triple Double cookies are hitting store shelves this summer, the company confirmed.
The news follows the recent announcement from Nabisco that its Chips Ahoy! brand was rolling out fudge-filled chocolate cookies.
Bilbrey officially steps in as Hershey head
HERSHEY, Pa. — Just one month after filling in as the interim leader of chocolate giant Hershey, John Bilbrey officially took the reigns as president and CEO of the company.
Bilbrey also was elected to Hershey’s board of directors, Hershey said Wednesday. Bilbrey, who served as the company’s EVP and COO until May, replaced David West, who left his post after 10 years to become the chief executive at Del Monte Foods.
Commenting on his appointment, Bilbrey said that the company is on track to deliver 2011 net sales — including the impact of foreign currency exchange rates — and adjusted diluted earnings per share growth to be around the top of the company’s long-term 3% to 5% and 6% to 8% goals, respectively.
"It is a unique privilege to lead The Hershey Co. Hershey has iconic brands, exceptional people, unmatched capabilities and enormous potential," Bilbrey said. "I’m very grateful for the board’s confidence, and we are fully aligned on how to move the company forward. Our company is structured for global growth, and I look forward to building on our recent performance, consistent with Hershey’s great heritage and values."