Chicago-based confectioner Wm. Wrigley Jr. will add chairman of the board to Bill Wrigley Jr.'s current title of president and chief executive as part of an executive shuffling to help pursue new deals. Among other changes, international chief Peter Hempstead will take on a greater role in researching potential mergers and acquisitions.
The USDA's labeling rules reflect the industry's ability to bring poultry to market earlier then in years past. Under the new rules, age standards for several varieties of fowl would be lowered, in some cases by several weeks, possibly resulting in a slight price increase for consumers.
The Council and European Parliament have abolished the "25% rule," which said compound ingredients did not need to be broken down on ingredient labels if they comprised less than 25% of the product; now all ingredients must be listed. The measure is intended to make sure all potential allergens are listed, such as eggs, nuts and sulfites.