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Kellogg to replace CFO; earnings drop 36.5% in first quarter

from The Associated Press via Crain's Detroit Business

Rising costs and shifting tastes continue to create hurdles for Kellogg Co., which posted a 36.5 percent profit decline in the first quarter. The company also said that it is replacing its chief financial officer. The Battle Creek-based breakfast foods and snacks maker said Amit Banati, president of Kellogg Asia Pacific, Africa & Middle East, will replace CFO Fareed Khan on July 1. more


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