Jones Soda Co. announced Richard Cautero has joined the company's board of directors. Cautero was appointed to the role by the existing board of directors.
Swiss food and beverages giant Nestle SA appointed Wal-Mart Stores Inc. executive Wan Ling Martello as its chief financial officer, replacing Jim Singh, who will retire next spring.
Two out of three U.S. food and beverage executives see their companies being involved in a merger or acquisition over the next two years, as they seek to streamline portfolios and put cash reserves to work.
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