--- title: "FACTBOX-From Walmart to Nestle, CEO churn sweeps global consumer goods makers" type: "News" locale: "en" url: "https://longbridge.com/en/news/300579188.md" datetime: "2026-09-30T13:18:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300579188.md) - [en](https://longbridge.com/en/news/300579188.md) - [zh-HK](https://longbridge.com/zh-HK/news/300579188.md) generator: "portal-rs" --- # FACTBOX-From Walmart to Nestle, CEO churn sweeps global consumer goods makers Sept 30 (Reuters) - Toymaker Mattel (MAT.O) and Cheerios maker General Mills (GIS.N) on Wednesday named new chief executive officers, the latest global consumer goods companies to reshuffle leadership as they navigate tariff pressures and choppy consumer spending. Here are some of the major CEO changes among global retailers and consumer goods companies in 2025 and 2026: Company Date of Details Announceme nt Mattel September Mattel (MAT.O) 30, 2026 \*dummy\_text\*named \*dummy\_text\*board member Roger Lynch as CEO. General September General Mills Mills 30, 2026 \*dummy\_text\*named (GIS.N) *dummy\_text* Chief Operating Officer Dana McNabb as CEO effective January 1, 2027. Hormel July 28, Hormel Foods Foods 2026 \*dummy\_text\*named (HRL.N) *dummy\_text* insider and industry veteran John Ghingo as ### CEO. Domino’s June 22, Domino’s Pizza Pizza 2026 \*dummy\_text\*named (DPZ.O) *dummy\_text* Joe Jordan as CEO, effective October 1. Tyson May 28, Tyson Foods Foods 2026 \*dummy\_text\*said (TSN.N) \*dummy\_text\*board member and former Procter & Gamble executive Jeff Schomburger will take over as CEO in October. Wendy’s May 20, Wendy’s named (WEN.O) 2026 industry veteran Robert Wright as president and ### CEO. Lululemon April 22, Lululemon picked Athletica 2026 a former top Nike (LULU.O) executive as its next CEO as the athletic apparel retailer known for its stretchy yoga pants faces pressure from its founder and a large activist investor to revive its struggling business. Best Buy April 22, Best Buy named (BBY.N) 2026 Jason Bonfig as its new CEO, replacing Corie Barry, effective October 31. Conagra April 13, Conagra Brands (CAG.N) 2026 named J.M. Smucker executive John Brase as its new CEO, succeeding Sean Connolly. Dollar March 24, Dollar General General 2026 named Jerry (DG.N) Fleeman Jr. as its new CEO, replacing company veteran Todd Vasos, effective January 1, 2027. Kroger February Kroger named (KR.N) 9, 2026 former Walmart executive Greg Foran as its CEO, effective immediately, succeeding interim chief Ron Sargent. Heineken January Heineken (HEIN.AS) 12, 2026 (HEIN.AS) said its CEO Dolf van den Brink would step down on May 31 after nearly six years of leading the Dutch brewer, as the industry battles to get drinkers buying more beer. Coty December Coty (COTY.N) (COTY.N) 22, 2025 named Procter & Gamble veteran Markus Strobel interim CEO and executive chairman, handing him the reins as the CoverGirl parent battles a steep share-price slide and pressure on its mass-market business. Kraft December Kraft Heinz Heinz 16, 2025 (KHC.O) named (KHC.O) industry veteran and former Kellanova head Steve Cahillane as its new CEO, ahead of the packaged food giant’s split. Cahillane will join the new role on January 1, succeeding Carlos Abrams-Rivera, who will serve as an advisor until March 6. Lululemon December Lululemon Athletica 11, 2025 Athletica (LULU.O) (LULU.O) said its CEO Calvin McDonald will step down in January after about seven years at the helm. The company named its finance chief Meghan Frank and chief commercial officer André Maestrini as co-interim CEOs while it searches for its new boss. Altria December Altria announced (MO.N) 11, 2025 that CEO Billy Gifford, who has led the tobacco giant since 2020, will retire, effective May 14, 1. The tobacco giant announced Gifford will be succeeded by finance head Salvatore Mancuso. Coca-Cola December Coca-Cola named (KO.N) 10, 2025 COO Henrique Braun as its new CEO, effective March 31, 2026. Braun succeeds James Quincey, who is stepping down after nine years at the helm. Kohl’s November Kohl’s Corp Corp 24, 2025 named retail (KSS.N) veteran Michael Bender as its permanent CEO, after he served as the interim chief since May. Bender replaced Ashley Buchanan, who was fired for a personal relationship with a vendor. Walmart November The company said (WMT.N) 14, 2025 Doug McMillon, who has been heading the retail bellwether since 2014, will retire in January 1. John Furner, McMillon’s successor, currently serves as CEO of Walmart U.S. and has held leadership roles at the company. Nestle September Nestle dismissed (NESN.S) 1, 2025 its CEO, Laurent Freixe, a year after appointing him, following an investigation into an undisclosed romantic relationship with a direct subordinate that breached the company’s code of conduct. Freixe was replaced by Philipp Navratil, CEO of Nestle Nespresso, on September 1. Target August 20, The retailer (TGT.N) 2025 named longtime company veteran Michael Fiddelke as its CEO, replacing retail industry bigwig Brian Cornell, effective February 1, 2026. Procter & July 28, Procter & Gamble Gamble 2025 said CEO Jon (PG.N) Moeller is stepping away from the role, to be succeeded by Chief Operating Officer Shailesh Jejurikar. Diageo July 16, The Johnnie (DGE.L) 2025 Walker whisky and Guinness beer maker’s CEO, Debra Crew, stepped down after two years in the job, with finance chief Nik Jhangiani taking over in the interim. Kenvue July 14, The Band-Aid and (KVUE.N) 2025 Tylenol maker fired its CEO Thibaut Mongon, laying what some investors expect will be the groundwork for an eventual sale of the entire company or pieces of it, and named director Kirk Perry as interim ### CEO. Hindustan July 10, Hindustan Unilever 2025 Unilever named (HLL.NS) Priya Nair as managing director and CEO, replacing Rohit Jawa well before the completion of his five-year term as the company’s chief. Hershey July 8, Hershey named (HSY.N) 2025 burger chain Wendy’s (WEN.O) chief Kirk Tanner as its CEO, effective August 18, replacing Michele Buck, who is set to retire. Stanley June 30, The power tools Black & 2025 maker appointed Decker operations chief (SWK.N) Christopher Nelson as its next CEO and president, effective October 1, succeeding Donald Allan Jr., who is set to retire. Unilever February The company (ULVR.L) 25, 2025 ousted chief executive Hein Schumacher, replacing him with finance chief Fernando Fernandez. ### Related Stocks - [BBY.US](https://longbridge.com/en/quote/BBY.US.md) - [CAG.US](https://longbridge.com/en/quote/CAG.US.md) - [COTY.US](https://longbridge.com/en/quote/COTY.US.md) - [DG.US](https://longbridge.com/en/quote/DG.US.md) - [DPZ.US](https://longbridge.com/en/quote/DPZ.US.md) - [GIS.US](https://longbridge.com/en/quote/GIS.US.md) - [HRL.US](https://longbridge.com/en/quote/HRL.US.md) - [KHC.US](https://longbridge.com/en/quote/KHC.US.md) - [KO.US](https://longbridge.com/en/quote/KO.US.md) - [KR.US](https://longbridge.com/en/quote/KR.US.md) - [LULU.US](https://longbridge.com/en/quote/LULU.US.md) - [MAT.US](https://longbridge.com/en/quote/MAT.US.md) - [PG.US](https://longbridge.com/en/quote/PG.US.md) - [TSN.US](https://longbridge.com/en/quote/TSN.US.md) - [WEN.US](https://longbridge.com/en/quote/WEN.US.md) - [WMT.US](https://longbridge.com/en/quote/WMT.US.md) ## Related News & Research - [P&G AND THE McLAREN MASTERCARD FORMULA 1 TEAM ANNOUNCE PARTNERSHIP TO DRIVE CONSUMER ENGAGEMENT ACROSS ASIA PACIFIC](https://longbridge.com/en/news/301200042.md) - [History Says Coca-Cola Stock Holds Up When the S&P 500 Falls](https://longbridge.com/en/news/300866355.md) - [Mattel shares slip as investor urges strategic review](https://longbridge.com/en/news/301049920.md) - [BREAKINGVIEWS-Mattel CEO may put deal-making as priority Uno](https://longbridge.com/en/news/301167631.md) - [Mattel Stock (MAT) Flattens as Major Investor Tells Board It Is Time to Sell](https://longbridge.com/en/news/301026100.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**