Pet food expert named Post Holdings COO
ST. LOUIS — Ralcorp Holdings announced that Terence Block will serve as president and COO of Post Holdings, effective Jan. 1, 2012. Block also will join the board of directors of Post Holdings following completion of the separation of the Ralcorp and Post cereal business.
"I am pleased that Terry is joining the Post Holdings management team and board," Ralcorp chairman William Stiritz said. "Terry’s extensive operating and marketing experience will greatly benefit Post Holdings as we embark on an independent course for the company. I am confident that as COO, Terry will help drive the innovation, brand extension and growth initiatives that will be key to Post Holdings’ future success. I also look forward to the insight and expertise Terry will bring to his role on the board as we seek to create value for our shareholders."
Block currently serves as president of Nestle Purina’s North American pet food business. Previously, he was COO of North American Pet Foods for Ralston Purina. Prior to his role as COO, Block served as EVP Ralston Purina Pet Products and VP marketing dog food. Mr. Block joined the marketing group of the former Ralston Purina in 1977 as assistant product manager and subsequently held a number of increasingly important marketing positions, including product manager and group director. Prior to joining Ralston Purina, he worked at Procter & Gamble and Pet Inc.
Report: Smart Butcher vending machine offers fresh meat
NEW YORK — A Lil Mart convenience store in Odenville, Ala., has installed a refrigerated vending machine that distributes such items as New York strip steaks and pork chops, according to published reports.
The vending machine, called Smart Butcher, offers cuts of meat via cash or debit and credit cards. A 1-lb. tenderloin retails for $4, a 12-oz. rib-eye retails for $5, a New York strip retails for $6, two lbs. of hamburger beef retails for $6.99 and 2 lbs. of sirloin tips retails for $8.95, according to the Los Angeles Times .
The Smart Butcher was developed by Rob Harrison and Chase Evans of Birmingham, Ala.
Anheuser-Busch InBev to launch Bud Light Platinum
BRUSSELS — Anheuser-Busch InBev announced that it is expanding its Bud Light portfolio with what it is calling "a trendy blue-bottle line extension."
The company said that Bud Light Platinum appeals to a key group of beer drinkers and expands consumer occasions and that the introduction is part of the company’s plan to accelerate growth of Bud Light in the United States.
Bud Light Platinum is expected to roll out in Jan. 2012.