Sep 04, 2019 / 03:15PM GMT
Andrew Lazar - Barclays Bank PLC, Research Division - MD & Senior Research Analyst
We'll kick off our next presentation. So we are very pleased to welcome Kellogg's CEO, Steve Cahillane, back to the conference; and Amit Banati to his first Barclays Global Consumer Staples Conference as CFO.
Over the past 2 years, Kellogg has aggressively reshaped its portfolio behind a renewed emphasis on growth, including the acquisition of RXBAR; and investment in West African food distributor, Multipro; and the recent divestiture of its Keebler Cookie business.
Furthermore, Kellogg has undergone meaningful internal transformation as well, notably by transitioning its Snacks business from a DSD to a warehouse system, reorganizing its North America business to be a faster and flatter organization. And the company is starting to see these efforts bear fruit with a solid start to the year, including organic sales growth last quarter that was the best it's been since 2012, despite current U.S. Cereal headwinds.
Steve, we look forward to hearing more about Kellogg and your plans to continue
Kellogg Co at Barclays Global Consumer Staples Conference Transcript
Sep 04, 2019
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