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The Greek Gods introduces two new yogurt flavors in Canada

BY Allison Cerra

TORONTO — Canadians that are fans of Greek-style yogurt now have a larger variety to choose from.

Hain Celestial announced that The Greek Gods brand has introduced its honey vanilla and honey strawberry flavors of Greek-style yogurt in Canada. The yogurt brand also touts traditional plain organic and honey yogurt flavors.

The Greek Gods traditional Greek-style yogurt retails between $5.99 and $6.99 and is available at Loblaw’s and Whole Foods.

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Nestlé finance chief to retire, Walmart exec to step in

BY Allison Cerra

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.

"Jim Singh has strong human qualities and is a highly respected professional," Nestlé CEO Paul Bulcke said. "Since I became CEO I have been able to appreciate the full extent to which Jim has been instrumental in steering Nestlé through these last challenging years. I am confident that Wan Ling will blend well into the Nestlé culture and that her strong experience in finance and the food and beverage business, both from the industry and retail angle, will allow her to further enhance the Nestlé model combining top-line growth with continuous margin improvement and an improved return on invested capital."

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Mars unveils updated corporate website

BY Allison Cerra

MCLEAN, Va. — Mars said its global corporate website, Mars.com, now includes a summary of its "principles in action," which reflect the company’s history, commitments, goals and challenges.

The "principles in action" encompasses the following themes: health and nutrition, supply chain, operations, products and working at Mars. It also describes Mars’ businesses: pet care, chocolate, Wrigley, food, drinks and symbioscience.

"What most people know about Mars is that we have a portfolio of brands that are loved by billions of consumers around the globe," Mars president and CEO Paul Michaels said. "What they might not know is that we are a diverse, privately-owned corporation with more than 65,000 associates, and that we have built our business on Five Principles — quality, responsibility, mutuality, efficiency and freedom. These principles unite all of us at Mars across generations, cultures and languages.

"While we have always engaged with our communities and our partners, we recognize that we have an opportunity to expand our communication to a broader audience," Michaels added. "Very reasonably, people want to know that they are choosing to support brands and companies that live up to their responsibilities to their associates, consumers, customers, suppliers, communities and the environment. I am proud that delivering against these responsibilities is at the very heart of who we are, and has been for generations."

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