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Nestlé finance chief to retire, Walmart exec to step in
VEVEY, Switzerland — Nestlé EVP and CFO Jim Singh will retire in March 2012 after 35 years with the company.
Replacing Singh is Wan Ling Martello, who currently serves as Walmart's EVP global e-commerce of emerging markets. She will succeed Singh on April 1, 2012.
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Lay's becomes official chip of Winnipeg Jets
WINNIPEG, Canada — PepsiCo Foods Canada announced that its Lay's brand is partnering with National Hockey League team, the Winnipeg Jets, in an exclusive five-year deal that runs until the end of the 2015-2016 NHL hockey season.
As part of the partnership, Lay's now is the official potato chip of the Winnipeg Jets.