• Kings Food Markets and Balducci’s Food Lover’s Market announced the hiring of Jim Moriarty, most recently a divisional CFO with Walmart, as its new Chief Financial Officer.
• Fortune reports that Anheuser-Busch InBev, in a move that reflects the company’s evolving change in emphasis, has named Lucas Herscovici, currently global marketing VP of strategic functions, to a new company role - chief non-alcohol beverage officer. The move is seen as a response to the fact that Millennials and members of Generation Z are “drinking less than their elders.”
• Fortune reports that Anheuser-Busch InBev, in a move that reflects the company’s evolving change in emphasis, has named Lucas Herscovici, currently global marketing VP of strategic functions, to a new company role - chief non-alcohol beverage officer. The move is seen as a response to the fact that Millennials and members of Generation Z are “drinking less than their elders.”
- KC's View:
