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.
Motif FoodWorks, the animal-free ingredient company, has announced a partnership with the University of Queensland (UQ) in Brisbane, Australia, to test and identify new formulations to improve the texture of plant-based meat products through in vitro processing.
Nielsen Global Connect has released its Top 25 Breakthrough Innovation winners for 2019. For close to a decade, this list has been the gold standard in recognizing innovation and global success within the consumer packaged goods (CPG) space. Of the 25 winners, 15 of the products are from food companies.
IFF Health, Shanghai, has announced a strategic partnership for R&D of anti-aging ingredients with By-Health, a Chinese maker of dietary supplements and raw materials.
To further increase the understanding of the microbiome’s impact on human health and to accelerate the development of innovative nutritional solutions promoting health and wellbeing, Nestlé has entered into a partnership with the University of California San Diego Center for Microbiome Innovation (CMI).
The Kroger Co., America’s largest grocery retailer, and Infarm, an urban farming network, have announced a partnership that will bring modular living produce farms to North America.