Ocean Spray Cranberries has announced that Daniel Cunha has joined the farmer-owned cooperative as chief financial officer, effective Nov. 11, 2019. Cunha joins Ocean Spray from Tangram Partners where he was a cofounder. Cunha brings with him an extensive background in corporate finance, financial planning and analysis, investor relations, mergers and acquisitions, strategic leadership, and risk management, along with a deep personal appreciation for Ocean Spray and its unique cooperative structure.
Cunha will lead Ocean Spray’s financial planning and analysis, corporate controller, treasury, and procurement teams. He will report directly to Bobby Chacko, CEO of Ocean Spray.
Prior to co-founding Tangram, Cunha was CFO of two businesses with approximately $4 billion in revenues at Kraft Heinz, as CFO of Heinz North America prior to Kraft’s acquisition and later CFO of the beverages and snack nuts business unit after Kraft’s acquisition. Before joining Kraft Heinz, Cunha worked at GP Investments and McKinsey and Company.
As part of its commitment to sustainably nourish the world, Cargill has released its mid-year report on its progress toward building a deforestation-free soy supply chain.
The U.S. Department of Agriculture’s National Institute of Food and Agriculture (USDA NIFA) has announced a $90 million investment in research projects seeking to improve the sustainability of the U.S. food supply.
According to Reuters, African Fertilizer and Agribusiness Partnership (AFAP), an American nonprofit organization, has launched a $40 million joint venture with African Green Resources (AGR), one of Zambia’s top farm suppliers, to boost crop yields and food security as farmers struggle to access finance amid the COVID-19 pandemic.
PepsiCo has published its 2019 Sustainability Report, highlighting progress toward its sustainability goals and reaffirming the company’s plan to help build a more sustainable food system.
Tate & Lyle PLC has announced a $75 million investment in a new natural gas–fired combined heat and power system to deliver significant environmental and economic benefits at its Lafayette South corn wet milling facility in Lafayette, Ind.
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