Amazing Emotion Based Decision

by Hal Mooz 25. October 2013 16:42

Ketchup changeup: McDonald's dropping Heinz after CEO change

World's biggest fast-food chain seeks new ketchup for its famous french fries. McDonald's Corp on Friday said it plans to end its 40-year relationship with ketchup maker H.J. Heinz Co, since that company is now led by Bernardo Hees, the former chief executive of hamburger rival Burger King Worldwide Inc .

"As a result of recent management changes at Heinz, we have decided to transition our business to other suppliers over time," McDonald's said in a statement.

"We have spoken to Heinz and plan to work together to ensure a smooth and orderly transition," said McDonald's, which has more than 34,000 restaurants around the globe.

Heinz declined to comment. "As a matter of policy, Heinz does not comment on relationships with customers," company spokesman Michael Mullen said.

http://money.msn.com/investing/news.aspx?feed=OBR&date=20131025&id=17039159

 

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About Hal Mooz

Engineer, Project Manager, Entrepreneur, Author, Trainer, Lecturer, Thought Leader, Consultant

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