Sun Products taps Al Drewes as finance chief
WILTON, Conn. — The SVP and CFO of Pepsi Bottling Group is heading to Sun Products.
Sun Products, known for its laundry detergent, fabric softeners and other household products, announced that Al Drewes will join the company as EVP and CFO. In his role, Drewes will be responsible for all aspects of financial planning and accounting, tax, audit, treasury as well as IT, strategic planning, mergers and acquisitions for the company.
“Al brings extensive global financial experience and a strong strategic focus that will help build our company and deliver results,” Sun Products president and CEO Jeffrey Ansell said. “With his broad commercial and financial expertise spanning more than 25 years, and a proven track record of leading new business development in the consumer products industry, we are delighted to add an executive of such accomplishment to our leadership team.”
Starbucks goes ‘blond’
SEATTLE — A new lighter roast coffee from Starbucks has debuted at retail.
Starbucks said its new Starbucks Blonde Roast is designed to cater to coffee drinkers that prefer a lighter roast to the brewer’s current portfolio of medium and dark roast coffees.
"Starbucks Blonde Roast is our answer to providing a premium lighter roast coffee to appeal to those that describe Starbucks signature roast as too intense," Starbucks president of channel development Jeff Hansberry said. "This new roast profile will allow us to increase our share of the brewed coffee market down the grocery aisle where a majority of coffee sales are in the light and medium roast categories. This segment of the market represents a $1 billion opportunity for the company in the U.S. alone."
Starbucks Blonde Roast is available as whole bean, ground coffee and Starbucks Veranda Blend K-cup packs at retail and grocery stores nationwide. Additional varieties are available at Starbucks stores.
Drank introduces Island Time flavor
HOUSTON — Relaxation beverage brand Drank is set to roll out a new tropical blend.
The new Island Time relaxation beverage was created to help consumers stay calm and relax as the world may come to an end in 2012, Innovative Beverage Group Holdings CEO Peter Bianchi said.
"Consumers who want adventure and relaxation can still enjoy an active lifestyle while unwinding from their busy schedules. Island Time is a perfect new extension of the Drank family of products," Bianchi said.