Starbucks announced new members were elected to its Board of Directors: Daniel Servitje – CEO and Chairman of Grupo Bimbo, Neal Mohan – YouTube CEO, and Mike Sievert – President and Director at T-Mobile US. Servitje has served as CEO of Grupo Bimbo since 1997 and as Chairman since 2013.
Grupo Bimbo’s net sales in Q3 – 2023 reached a record level excluding FX rate impact, growing 8.2% due to favorable price/mix across regions, according to its results for the three months ending on September 30, 2023. Its adjusted EBITDA reached historic levels, Bimbo reports: excluding FX rate impact, it increased by 9.5% and the margin expanded 50 basis points, reaching 14.6%.
2021 was an exceptional year for Grupo Bimbo, which delivered record levels of sales, volume and profit, Daniel Servitje, Chairman and CEO, said in a statement announcing last year’s performance.
