Rick Simington possesses 20 years of experience in sales and marketing.

The company is transitioning to an asset-light business model.

Jason Baumwoll will report to Terry Yakes, director of sales for the company's industrial ingredients division.

Sales in the first quarter were $1.89 billion.

The company has more than 200 stores in various stages of development.

Oatly sustained a loss of $87.5 million in the first quarter, more than doubling the loss of $38.4 million in the first quarter of 2021.

Kraft Heinz Co. executives view organic net sales growth and rebuilding of inventory as parts of a successful start to 2022.

Milk supplies tightened last quarter, but signs point to strong dairy product prices ahead.

Russia’s invasion of Ukraine added to inflationary pressures, complicating Nestle’s pricing strategy.

The waves of inflation that have occurred the past few years are considered some of the top risks facing Conagra Brands, Inc.