AMF Bakery Systems appointed Ritabrata Chakraborty as the newest member of its Asia-Pacific (APAC) team. With a background in pastry chef education, Chakraborty has 14 years of professional experience within the baking equipment sector.
Krispy Kreme announced it would bring fresh doughnuts to German consumers through a network of shops, starting in Berlin. The move is the company’s largest franchisee agreement to date.
Reading Bakery Systems (RBS) announced it promoted Travis Getz to Senior Vice President, Operations. In his new role, he will lead the project management, engineering, manufacturing, purchasing, and technical services departments, as well as the operations in Reading’s Tianjin, China facility.
Associations from Slovakia and Poland joined the International Association of Plant Bakers. The Board also approved the membership application from UBA (Ukrainian Bakers Association).
Nerida Kelton’s second term as World Packaging Organization (WPO) Vice President of Sustainability & Save Food was confirmed at the beginning of 2024. “We have so many resources available now and there are so many more to come!” she commented on the organization’s work and upcoming projects.
Grupo Bimbo reports strong performance across most regions in the three months ending on March 31, 2024. During this time, the company’s gross margin expanded 90 basis points to 52.0%, due to lower raw material costs across every region, which was offset by higher labor costs.
Grupo Bimbo appointed Rafael Pamias as CEO, starting from May 1, 2024. The bakery also created the Executive Chair position, which will be held by previous CEO, Daniel Servitje. The Executive Chair will focus on strategic decision-making. The CEO will report directly to the Executive Chair and will be responsible for running the company.
The European Union is set to fine Oreo maker Mondelez for blocking sales across borders, according to a Financial Times report, which cites people familiar with the developments. The fine, possibly in the millions of Euros, could be announced as soon as next month, the financial publication says.