May 1, 1998 |
William Johnson started his first day on the job as chief executive of H.J. Heinz Co. by promoting four executives to report directly to him in an effort to improve communications as the food company undergoes a sweeping reorganization. Johnson, 49, who was president and chief operating officer, took over as CEO from Anthony O'Reilly, 61, who will remain nonexecutive chairman through 2000, in a move announced in December.
October 1, 1997 |
H.J. Heinz Co.'s Weight Watchers International Inc. settled long-standing federal deceptive advertising charges by agreeing to permanently trim the diet company's claims about the success of its programs. The settlement, which requires that certain disclosures accompany weight-loss claims, formalizes a policy that Weight Watchers says it has followed since shortly after the Federal Trade Commission filed suit in 1993. The settlement marks the culmination of an FTC crackdown on U.S.
June 12, 1996
In celebration of the company's 100th anniversary, Heinz Ketchup, along with the H.J. Heinz Co. Foundation, will donate $450,000 over three years to the National Endowment for the Arts to help save children's arts programs--the largest contribution to the NEA since the 1996 budget cut that reduced federal funding to the NEA by 39%. The Heinz centennial celebration, to kick off with a ceremony planned for Thursday at Washington, D.C.'
February 7, 1995 |
Only days after announcing the sale of its European pet food unit, Quaker Oats Co. agreed Monday to sell its North American pet food businesses to H.J. Heinz Co. for $725 million in a deal that will let it focus on its grain-based food and beverage operations. The sale follows Friday's announcement of the $700-million sale of Quaker's European pet food business to the British firm Dalgety. Wall Street analysts say the deals reflect a trend in the food industry.
October 18, 1994 |
Kraft General Foods Inc. agreed Monday to sell All American Gourmet Co. of Orange, maker of the popular Budget Gourmet line of frozen food, to H.J. Heinz Co. Terms of the deal were not disclosed. A Heinz spokesman said he was unaware of any immediate plans for All American's Orange County headquarters, where 89 executives and other workers are employed. The company has total employment of about 1,000. "They haven't gotten around to the organizational details," explained Heinz spokesman D.
May 17, 1994
H. J. Heinz Co. has purchased a 370-employee plant in Chatsworth as part of its acquisition of Borden Foodservice Group from Borden Inc. Terms of the sale were not disclosed. The transaction also includes a facility in Chambersburg, Pa. The two plants produce single-serving lines of sauces, dressings, relishes, syrups, dessert toppings, non-dairy creamers, ketchup, mustard and other condiments. Food giant Heinz, based in Pittsburgh, said its food-service business generates $1.