Familiar face: Why food and beverage companies are bringing back former CEOs
In a period of volatility for the food and beverage industry, companies like Boston Beer, Simply Good Foods, and Hormel are re-hiring former CEOs to provide stability and leverage their proven track records. This trend is driven by a desire for trusted leadership amidst economic headwinds and changing consumer preferences. While sometimes indicative of recent struggles, bringing back a familiar face can also be a strategic move to navigate challenging market conditions or prepare a company for a future internal succession.
https://www.fooddive.com/news/familiar-face-why-food-and-beverage-companies-are-bringing-back-former-ceo/810849/