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FLOWERS FOODS ELECTS STERLING A. SPAINHOUR TO BOARD OF DIRECTORS
Prnewswire· 2025-09-29 13:00
Core Points - Flowers Foods, Inc. has elected Sterling A. Spainhour to its board of directors, effective October 1, 2025, where he will serve on the audit and finance committees [1][2][3] Company Overview - Flowers Foods, Inc. is one of the largest producers of packaged bakery foods in the United States, with net sales of $5.1 billion in 2024 [4] - The company operates bakeries nationwide, producing a variety of bakery products under brands such as Nature's Own, Dave's Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake [4] Board Member Profile - Sterling A. Spainhour brings over 30 years of experience, including roles at Southern Company, Jones Day, and CNN, with expertise in M&A, legal matters, and corporate governance [3] - Spainhour holds degrees in political science, business administration, and law from the University of North Carolina – Chapel Hill and Duke University [3] - He is also a board member of several organizations, including Gray Media and Emory Healthcare Network [3] Strategic Implications - The addition of Spainhour is expected to enhance the board's composition and support the company's strategic priorities aimed at increasing shareholder value [3]
Game plans and growth: How sports build leaders for the C-suite
Fortune· 2025-09-25 11:53
Group 1: Stephen Curry's Career and Business Ventures - Stephen Curry is entering his 17th year in the NBA, emphasizing that work ethic has been his superpower throughout his career [1] - As a star guard for the Golden State Warriors, Curry holds the record for the most three-pointers in NBA history and has won four championships [2] - Curry's new book, "Shot Ready," details his journey and the importance of preparation and growth, highlighting that a strong work ethic is a universal philosophy [3] - Curry's company, Thirty Ink, generated $173.5 million in revenue in 2024, encompassing brands like Unanimous Media and Underrated Golf [3] Group 2: Leadership and Sports Influence - A 2023 Deloitte study indicates that 85% of women who played competitive sports believe the skills gained were crucial for their professional success [4] - Elena Gomez, president and CFO of Toast, shares how her basketball experience has shaped her leadership skills, particularly in scenario planning and adaptability [5][6] - Gomez emphasizes the importance of knowing when to take the lead or support others in a team setting, drawing parallels between sports and business leadership [7] Group 3: Economic Outlook and CFO Insights - The CFO Survey indicates a slight improvement in the outlook for the U.S. economy among finance chiefs in Q3 of 2025, with reduced uncertainty [9] - Concerns about tariffs remain the top issue for CFOs, with firms attributing nearly 40% of expected unit cost growth in 2025 and 2026 to tariffs [10][11] - The survey includes a diverse range of firms, from small businesses to Fortune 500 companies, across various industries [12] Group 4: McKinsey's Influence on Leadership - A new feature article discusses how McKinsey has shaped the leadership landscape, with 28 current Fortune 500 and Global 500 CEOs being former consultants [14] Group 5: Venture Global's Growth - Venture Global, a major exporter of liquefied natural gas, has experienced rapid growth, surprising industry analysts, and plans to continue expanding through the early 2030s [15]
FLOWERS FOODS ANNOUNCES PLANNED CFO TRANSITION
Prnewswire· 2025-09-24 13:00
Company Announcement - Flowers Foods, Inc. announced the retirement of Steve Kinsey, the chief financial officer, after 36 years of service, with the last 18 years in the CFO role [1][2] - The company has begun the search for Kinsey's successor with a leading executive search firm and he is expected to serve in an advisory role post-retirement to ensure a smooth transition [1] Leadership Perspective - Ryals McMullian, chairman and CEO, expressed gratitude for Kinsey's leadership and commitment, highlighting his legacy of integrity and excellence [2] - Kinsey reflected on his career at Flowers, emphasizing the honor of working with a talented team and confidence in their ability to continue driving shareholder value [2] Company Overview - Flowers Foods, headquartered in Thomasville, Georgia, is one of the largest producers of packaged bakery foods in the U.S., reporting net sales of $5.1 billion in 2024 [3] - The company operates bakeries nationwide and produces a variety of bakery products under well-known brands such as Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, and Tastykake [3]
【海外探店】墨尔本公认的「酸面包之王」,有人为这口“酥脆感”特意打飞的去澳洲!
东京烘焙职业人· 2025-09-18 08:30
在墨尔本这座空气里都飘着咖啡香的城市里,藏着一条让所有碳水脑袋都为之疯狂的「宇宙级」面 包店—— 「Baker Bleu」 。 它家的酸面包,独特酥脆口感让全球吃货念念不忘,气孔美到像艺术作品;就连隐藏菜单里的「黑 巧克力海盐卷」,都好吃到让无数人甘愿为它早起排队、跨区打卡… 它是墨尔本烘焙界低调又顶流的存在! 「Baker Bleu」的主理人是Mike和他的妻子Mia,2016年,他和当时做银行家的妻子米娅·拉塞尔卖 掉了房子,把所有家当都投入到这个小店。8年后,他们全心投入的事业给了他们反馈—— 每周生 产4万件产品 ,而且经常售罄。 Mike也并非职业烘焙师出身,在成为面包师之前,Mike 的身份其实是广告创意人。 25 岁的他,正值职业黄金期,却发现广告行业带来的光鲜与速度感,并不能让他获得真正的满足。 他形容那段时间:"我需要一个能让我每天动手、亲自创造的东西,而不是只是坐在办公室里写方 Mike和妻子Mia 案。" 于是,他把兴趣的重心转向了厨房。从最初在餐厅工作,到进入糕点部门,慢慢接触面团和发酵的 世界。烘焙的魅力就在于它的"真实":揉面时的触感、发酵时的气息、出炉时的香气——这一切都 比广告 ...
【书籍专题 · 面包大全】奶酪吐司
东京烘焙职业人· 2025-09-18 08:30
Core Viewpoint - The article provides a detailed recipe for making cheese toast, highlighting the ingredients and step-by-step process involved in its preparation [2][4][5][6][9][10][11][15][16][17]. Ingredients and Preparation Steps - The main ingredients include 900 grams of plain toast dough, cheese shreds, and egg wash [2]. - The dough is divided into two pieces of 450 grams each, rolled into balls, and allowed to rest for 30 minutes [4]. - The dough is then rolled out and filled with cheese shreds before being rolled into a cylindrical shape [5][6]. - The rolled dough is placed into a 450-gram toast mold [10]. - The mixture is kneaded until smooth and elastic, then fermented at room temperature (30°C) for 50 minutes [11]. - After fermentation, the dough is brushed with egg wash and allowed to ferment again at 30°C and 75% humidity for 60 minutes [15]. - Additional cheese shreds are placed at the cut surface before baking [16]. - The baking process involves placing the dough in an oven at 170°C for the top and 210°C for the bottom, baking for 25 to 30 minutes [17]. Monthly Highlights - The article mentions various topics related to the baking industry, including the opening of a new bakery by Haidilao, trends in Chinese tourism, and insights from successful bakery owners [22]. - It discusses the impact of ingredient regulations and techniques that enhance baking efficiency and product quality [22][23].
Bakery group Vandemoortele secures fresh financing
Yahoo Finance· 2025-09-16 13:56
Core Viewpoint - Vandemoortele, a Belgian bakery group, has secured €100 million ($118.01 million) in funding to support its expansion and acquisition strategy in the bakery sector [1][2]. Group Financial Overview - Vandemoortele reported a turnover of €1.98 billion and an operating profit of €256 million in 2024 [3]. - The company achieved revenue of €1.05 billion in the first half of 2025, reflecting a 10.6% increase compared to the same period in 2024 [5]. - Adjusted group EBIT for the same period stood at €70.2 million, a decrease of approximately 22.51% [6]. - Attributable group earnings after tax reached €16 million, down by approximately 72.4% from 2024 [6]. Acquisition Strategy - The company has been active in mergers and acquisitions, completing multiple deals in the past eighteen months that contributed an additional €1.7 billion to its turnover [3][4]. - Recent acquisitions include Délifrance, Bunge's European margarine and spreads division, and Italian frozen bakery business Lizzi [4]. - The pending acquisitions are expected to broaden Vandemoortele's product portfolio and enhance its international presence [7]. Investment and Growth Focus - The newly secured financing aims to strengthen Vandemoortele's capital framework, enabling continued focus on mergers and acquisitions [2]. - The company is also investing in enhancing production capacity and improving product mix, innovation, and cost management [5].
New CEO for US group J. Skinner Baking
Yahoo Finance· 2025-09-16 10:32
Core Insights - J. Skinner Baking has appointed David Kowal as CEO, who has extensive experience in the food industry, including leadership roles at BrightPet Nutrition Group and Dawn Food Products [1][2][3] - The company aims to accelerate innovation, enhance market impact, and foster a culture of bold ideas under Kowal's leadership [2][3] - J. Skinner, established in 1983, is one of the largest in-store bakery providers in the US, with products available in over 30,000 retail locations [3][4] Company Overview - J. Skinner Baking is headquartered in Nebraska and employs 800 people, specializing in pastries and ready-to-eat baked goods for grocery in-store bakeries and foodservice providers [2][3] - The company was acquired by private-equity firm Stellex Capital Management in June of the previous year, transitioning from family ownership [4] Executive Team - Alongside Kowal, Dave Meltzer has been appointed as chief commercial officer, previously serving as chief sales officer at Teasdale Latin Foods [3] - Meltzer emphasizes the potential for deepening customer relationships and expanding into new markets [3]
Hovis CEO Jon Jenkins to leave UK baker
Yahoo Finance· 2025-09-15 13:08
Core Insights - Jon Jenkins is stepping down as CEO of Hovis after three years, with his departure following the acquisition of Hovis by Associated British Foods (ABF) from private-equity firm Endless [1][2] - The executive board of Hovis will continue to guide the company's strategic direction, focusing on delivering high-quality products and services to retailers and consumers [2] Company Leadership Changes - Jon Jenkins joined Hovis in 2022 from a senior role at ABF and expressed pride in the achievements during his tenure [3] - Aidan Robson, managing partner at Endless, acknowledged Jenkins' leadership during a challenging period marked by raw material inflation [2][3] Acquisition Details - ABF's acquisition of Hovis is aimed at creating a profitable and sustainable UK bakery business, enhancing innovation and growth while providing value for shareholders [4][5] - The financial terms of the transaction have not been disclosed, and the deal is pending approval from the UK's Competition and Markets Authority (CMA) [4] Financial Performance - ABF reported a 2% decline in sales to £9.51 billion ($12.94 billion) for the 24 weeks ending March 1, with adjusted operating profit down 12% to £835 million [5] - Profit before tax fell 21% to £692 million, indicating challenges within the overall group performance [5]
JetBlue and Chip City Cookies Bake In Rewards with New ‘Jetti Confetti' Cookie
Businesswire· 2025-09-15 12:55
Core Insights - JetBlue has announced a partnership with Chip City Cookies, a rapidly growing cookie brand in New York City, allowing TrueBlue loyalty members to earn points on purchases [1] Group 1: Partnership Details - The partnership will last until December 31, 2025, providing an opportunity for loyalty members to earn points on every Chip City purchase [1] - An exclusive new cookie, the Jetti Confetti, has been created for this partnership, featuring a layer of rich blue buttercream [1]
云龙区半日甜烘焙店(个体工商户)成立 注册资本1万人民币
Sou Hu Cai Jing· 2025-09-12 23:57
Core Viewpoint - A new bakery business named "Banhit Sweet Bakery" has been established in Yunlong District, with a registered capital of 10,000 RMB, indicating a growing trend in the food and beverage sector in the region [1] Company Summary - The legal representative of the bakery is Wang Mingyu, suggesting a local entrepreneur's involvement in the food industry [1] - The business is registered as an individual business entity, which is common for small-scale food service operations [1] Industry Summary - The bakery's operating scope includes food sales, catering services, and online food sales, reflecting the increasing demand for diverse food service options [1] - The business is permitted to engage in the sale of pre-packaged food and fresh fruit retail, indicating a focus on convenience and health-conscious offerings [1] - The establishment of this bakery aligns with the trend of expanding food delivery services, as it includes provisions for takeaway and delivery services [1]