Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI 
How supermarkets are changing their branding to make you think they’re cheaper 
Some experts say the US economy is on the up, but here’s why voters don’t think so 
McDonald’s Rolls Out $5 Meal Deals to Emphasize Affordability Amid Rising Costs 
Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon 
Coca-Cola Launches Data-Driven Insights Platform for Retail and Foodservice Industries 
Uganda’s tax system isn’t bringing in enough revenue but is targeting small business the answer? 
Converse Faces Job Cuts as Nike Aims for $2 Billion in Cost Savings 
Skechers Sales Surge as Growth Lags for Nike and Adidas; Nike Eyes 2024 Olympics 
Burger King Introduces Mozzarella Fries: A New Spin on an Old Favorite 
Reducing energy demand and improving efficiency will help prevent the next gas crisis 
Cancer drug pollution is a growing global concern 
Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity 
High interest rates aren’t going away anytime soon – a business economist explains why 
From Burger King to McDonald’s: Fast-Food Prices Surge Dramatically in Recent Years 
Kellogg Company revealed on Wednesday, Aug. 24, that it had appointed Gary Pilnick as the new chief executive officer of its cereal business in North America. The company also announced key appointments for the future leadership team in the region.
As per Reuters, the newly-appointed CEO is a veteran at Kellogg Company who has been working for 22 years already. Currently, he is serving as the chief legal officer, and with the planned spin-off of the company next year, he has been promoted to the chief role.
The spin-off plans are related to Kellogg’s announcement in June, where it shared the management made the decision to divide the company into three independent firms. This move has ultimately separated the North American unit, the Kellogg Company’s plant-based food division, and the snack manufacturing business.
Now that it is a standalone company as part of the spinoff, Pilnick has been chosen to lead the group. With his new position at Kellogg’s North America, he has been tasked with ensuring a smooth division of the company’s leading brands, including the Froot Loops and Frosted Flakes, at this time of inflation that has been pushing customers to pick the cheaper brand cereals.
It was mentioned that Pilnick already had many great achievements while working at Kellogg’s for more than two decades. Some of his remarkable contributions as a key executive include the spearheading of the acquisition of the Pringles potato chips brand from Procter & Gamble Co., and Kellogg’s expansion in Africa.
“I am thrilled to announce the first key appointments to the future leadership team of North America Cereal Co. Gary is a 22-year Kellogg veteran whose inspiring leadership style, deep knowledge of the business, and central role in defining the Company’s successful strategy make him the natural choice to lead North America Cereal Co.” Kellogg Company’s chairman and chief executive officer, Steve Cahillane, said in a press release.
On the other hand, Pilnick said that he is very honored to lead the company’s business in North America. “I am honored and humbled to have been named Chief Executive Officer of North America Cereal Co. and to have the opportunity to carry forward this portfolio of beloved brands with their rich tradition and heritage of innovation,” he said.
