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Former HJ Heinz CEO William Johnson elected to PepsiCo board

2015-01-17 03:32:58| Food - Topix.net

PepsiCo says that an advisory partner to activist investor Nelson Peltz's Trian Fund Management will join the beverage and snack food company's board in March. Purchase, N.Y.-based PepsiCo said Friday that its board has elected William R. Johnson, a former chairman and CEO of H.J. Heinz, to a director seat, effective March 23. Peltz, who recommended Johnson for election to PepsiCo's board, praised the move in a joint statement with the company.

Tags: board william johnson ceo

A view from Troy Hill on Wednesday shows the former Heinz plant on the North Side and Downtown.

2015-01-08 10:20:35| Food - Topix.net

Clutching his son's hand as he walked through a frigid Market Square Wednesday afternoon, Denny Robinson offered up some advice to battle the winter. First, bundle up.

Tags: the view north side

Heinz cuts more jobs in Pittsburgh

2014-11-21 19:49:01| Food - Topix.net

H.J. Heinz Co. eliminated an undisclosed amount of jobs in Pittsburgh on Thursday, a spokesman for the company confirmed.

Tags: jobs cuts pittsburgh heinz

Heinz profits up in third quarter

2014-11-08 00:33:39| Food - Topix.net

H.J. Heinz today reported a third quarter profit as benefits from cost-cutting initiatives overcame a 2 percent drop in sales. The Pittsburgh food products giant reported net income of $171.6 million on sales of $2.59 billion vs. a loss of $11.8 million and sales of $2.65 billion in the year-ago quarter.

Tags: quarter profits heinz