Monday, January 5, 2015

CEO Changes Coming to Chobani



According to today’s NY Post, the founder of Chobani yogurt,Hamdi Ulukaya, is being replaced as CEO and may even be stripped of his chairman role as the company scrambles to reverse financial wreckage associated with the 2013  recall. Insiders pin most of the blame on the Idaho factory, built by Ulukaya at a cost of $450 million, was responsible for the costly recall and only operating at 20 percent of capacity in 2013.  See full story at today’s NY Post…http://nypost.com/2015/01/05/chobani-ceo-being-replaced-may-be-stripped-of-chairman-role/