Topic: Ore-Ida French Fries
$56 million golden parachute? That's what awaits Heinz CEO William Johnson if he is fired by the company's new owners. In addition to the $56 million golden parachute, Johnson is entitled to a payout of $99.7 million in vested stock and $57 million in deferred compensation benefits that he accrued over his 30-year career with Heinz.
Berkshire Hathaway is dipping into the ketchup business as part of a $23.3 billion deal to buy the Heinz ketchup company. Berkshire Hathaway, billionaire Warren Buffett's investment firm, teamed up with 3G Capital to buy Heinz in the food industry's largest deal ever.
Eggo waffles will be lacking on store shelves until the middle of 2010 due to flooding and repairs to Kellogg's largest plant in Tennessee.
11/17/2009 12:00 am