Adrianne DeLuca

In this week’s roundup: PE firm Kainos Capital closes $1B fund; Nestle, Wholesome Crave and UMass Dining launch plant-based meal program; ADM faces labor union charges and Motif Foodworks expands by offering out bioprocessing capabilities.

Egg & dairy company Vital Farms today announced the hiring of Thilo Wrede as CFO. Wrede will succeed the company’s current CFO, Bo Meissener, in March who has held the position since December 2020.

Mondelez is gearing up for continued double-digit inflationary headwinds in 2023, aiming to hedge against what it believes are misguided projections that input and operating costs will begin to decline this year.

Acknowledging issues within its existing system, the U.S Food and Drug Administration (FDA) is seeking to reimagine its food program through an agency-wide restructuring, per a letter published by Commissioner Robert Califf earlier today.

In this week’s roundup: FDA Food Policy and Response Commissioner Frank Yiannas resigns; Flashfood expands to new Stop & Shop locations; Bipartisan SHIP IT Act is introduced to Congress; Meati opens the Mega Ranch; and Tyson CFO pleads guilty.

After a turbulent 12 months that saw challenges ranging from supply chain hiccups to labor disputes, organic food company Amy’s Kitchen is looking to bring stability to its business by bringing in experienced leaders to fill executive and management level roles across multiple departments.

The U.S. Food and Drug Administration (FDA) is looking for Congress to take charge in regulating cannabinoid (CBD) products after concluding the agency’s existing authority over food additives and supplements does not provide all the necessary tools for managing the risks of CBD.

Prebiotic protein bar maker Rowdy has announced it will halt production of its flagship product this year, blaming rising input costs, coupled with the pandemic-induced economic climate, that made the product too costly to manufacture.

In this week’s roundup: Albertsons launches emerging brand competition; Post Holdings sues LA-based rock band OK Go; Whole Foods aims to increase store expansions three-fold; Campbell’s consolidates snack offices and SPAM gets stylish.

The Winter Fancy Food Show saw a wave of chef-led brands improving pantry staples and commodity products. Elsewhere, honey brands gave updates on bee-friendly initiatives, plant-based dairy and eggs see growing relevance in U.S. market and functional food makers find new spaces on-shelf.