Tabasco sauce owner Mcllhenny hires new CEO from Nestlé

McIlhenny Company, the US-based manufacturer of Tabasco sauce, has appointed Nestlé executive Adam Graves as its new CEO. He replaces Harold Osborn, who retired in April after 25 years with the family-owned business, including the past five years as CEO. In a statement yesterday (2 February), McIlhenny said Graves has a “proven track record” of growing brands in the consumer-packaged goods industry. Graves, who joined the company on 26 January, spent 20 years at Nestlé, with roles across the Americas. ...