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People on the Move

08/24/2012

JERSEY CITY, N.J. -- Hess Corp. elected former U.S. Sen. Sam Nunn to its Board of Directors.

Nunn served as a United States Senator from Georgia for 24 years (1972-1996). He was chairman of the Senate Armed Services Committee and the Permanent Subcommittee on Investigations and also served on the Intelligence and Small Business Committees. He is retired from the law firm of King & Spalding.

Nunn is currently co-chairman and chief executive officer of the Nuclear Threat Initiative (NTI), a charitable organization working to reduce the global threats from nuclear, biological and chemical weapons. In addition, he has continued his service in the public policy arena as a distinguished professor in the Sam Nunn School of International Affairs at Georgia Tech and as chairman of the board of the Center for Strategic and International Studies in Washington, D.C. He is also a board member of The Coca-Cola Co. and General Electric Co.

In other people news:

Nestle USA
The appointment of Paul Grimwood as CEO and chairman of Nestlé USA will be effective in October, following the retirement of current CEO and chairman Brad Alford. Grimwood is currently CEO of Nestlé UK and Ireland.

Grimwood previously led Nestlé's confectionary business in the United Kingdom. Alford has been in the top spot at Nestlé USA for seven years and with Nestlé for 32 years.

Pepperidge Farm
Irene Chang Britt, 49, officially took over as president of Pepperidge Farm, as Pat Callaghan stepped down after more than 30 years with the company. Britt will be based at Pepperidge Farm's headquarters in Norwalk, Conn., and will report to parent Campbell Soup Co.'s president and CEO, Denise Morrison.

In addition to leading Pepperidge Farm, Britt oversees Campbell's Global Baking & Snacking businesses.

Britt is the first woman to lead Pepperidge Farm since company founder Margaret Rudkin presided over the business from 1937 to 1966. Pepperidge Farm was acquired by Campbell in 1961.

PepsiCo
Debra Crew was named president, PepsiCo Americas Beverages. In this new expanded role, Crew will oversee PepsiCo's Gatorade and Tropicana business in North America, its Latin America Beverages business, as well as the company's North America warehouse sales organization and Beverage Growth Ventures Group. She will report to PepsiCo Americas Beverages CEO Al Carey and be based in Chicago.

Prior to joining PepsiCo, Crew worked for Mars Inc. as general manager and chief marketing officer. Crew also spent a number of years in leadership and brand management roles at Kraft Foods, where her experience included foodservice, snacks and desserts. She also held senior roles at Nestlé.

The new role is consistent with PepsiCo's strategy announced earlier this year to drive more integration, collaboration and efficiency across its businesses.

Sarah Robb O'Hagan, who had served as president of Gatorade and who had been credited with turning around the sports drink's sales in recent years by focusing marketing toward teen athletes, is leaving to pursue a new opportunity. She was Gatorade's president since the beginning of 2011 after serving as marketing chief for the brand for two-plus years.

Trade publication Beverage Digest reported O'Hagan is going to become president of Equinox Holdings Inc., a chain of fitness clubs, although that was not confirmed by Equinox.

In other company news, Jon Banner was named senior vice president, global strategy and planning. Banner will be a senior member of PepsiCo's global communications team responsible for synchronizing, coordinating and planning the company's communications efforts worldwide and partnering with PepsiCo's business units to support key business priorities.

Ruiz Food Products Inc.
Ruiz Food Products Inc. appointed Rachel Cullen as president & CEO, effective immediately. Cullen joins the company with more than 25 years of experience, leading food and consumer businesses such as Unilever, Kraft, Orange Glo International and, most recently, Dean Foods Ice Cream.

Susser Holdings Corporation
William F. Dawson, Jr., a member of Susser Holdings Corporation's Board of Directors, submitted his resignation. Dawson is currently a managing partner of Wellspring Capital Management LLC.

In July, Wellspring sold 5,750,000 shares in an underwritten secondary offering. Currently, Wellspring holds 854,882 shares of Susser Holdings stock representing 4.1 percent of the outstanding shares.