8 OCTOBER2023INFOCUSINFOCUSSally Grimes, an Indian Immigrant daughter, has been appointed as the Chief executive officer of Diageo North America by the world's largest alcobeverage company Diageo. She will start her duties from 1 October 2023.According to a press release from Diageo, Sally has more than 25 years of experience in the food and beverage industry and most recently served as the Chief Executive Officer at Clif Bar & Company. She will join the executive committee of the company and report to Debra Crew, Chief Executive of Diageo.Sally hails from Bourbonnais and her parents are immigrants of India who settled in the United States in the 1960s. They had a significant influence on Sally's upbringing. She has a bachelor's degree in finance from Valparaiso University and completed her MBA at the University of Chicago.As Sally has more than 25 years of experience in the food and beverage industry, she established herself as a global innovator and brand builder. She is a devoted advocate for inclusion and diversity and is passionate about creating a winning culture. The leading producer of organic energy bars in North America, Clif Bar & Company, where she most recently served as the CEO. There she led 10 10-year strategy growth plan, developed the company's mission, crafted a distinct portfolio strategy, and ultimately brought the company's successful sale to Mondelez International.She has previously led a $10 billion, 25,000-person organization while serving as group President of Tyson Foods which is a Prepared Foods segment, the largest food company in America. She began her career in banking before holding a number of positions with major consumer goods companies, including Kraft Foods and Newell Brands. She has worked as a non-executive director for many years and served on boards for companies such as Beyond Meat, Inc., Continental Grain Company, and Silver Oak Winery.She has been featured on the Fortune Most Powerful Women to Watch and Fast Company's Top 100 Most Creative People in Business for her phenomenal works.Pernod Richard, a top-tier international premium spirits company and Diageo's rival is also led by an Indian American Woman in North America. CEO of Pernod Richard North America is Ann Mukherjee who has worked for FMCG companies like Kraft Foods Group, PepsiCo, and S. C. Johnson & Son for 31 years and has extensive experience in marketing, sales, and general management. She held senior global positions before joining as CEO of Pernod Richard North America in 2019, including as the President of Global Snacks & and Global Insights at PepsiCo and Global Chief Marketing Officer and Commercial Officer at SC Johnson. SALLY GRIMES APPOINTED AS NEW CEO OF DIAGEO NORTH AMERICAALPHABET'S GV INVESTS $25 MILLION IN MENOPAUSE CARE STARTUP MIDI HEALTHAlphabet's venture capital arm, GV, has made a significant investment in Midi Health, a virtual clinic dedicated to menopause care. The $25 million funding round is set to propel Midi Health's expansion efforts, making comprehensive menopause care accessible to more individuals.Midi Health's unique approach connects patients with medical professionals through virtual visits, offering solutions for menopause-related symptoms, including brain fog, mood changes, and joint pain. Additionally, the platform extends its services to cancer patients grappling with similar symptoms due to treatments.The investment will facilitate Midi Health's transition from accepting insurance in 13 U.S. states to a nationwide presence, covering all 50 states. This expansion will offer relief to women experiencing menopause symptoms in areas with limited healthcare access.What sets Midi Health apart is its commitment to delivering holistic care rather than focusing solely on product offerings, marking a distinctive approach in the menopause care sector. GV's decision to back Midi Health aligns with its vision of addressing larger societal challenges, including the emergence of OB/GYN care deserts in regions where restrictive anti-abortion legislation hampers physician practices.Midi Health's seasoned team, with a deep understanding of the intricacies of menopause care, played a pivotal role in securing the investment. This experience-driven perspective enhances the platform's ability to cater to the unique needs of women undergoing menopause.The investment by Alphabet's GV reflects the surging interest in menopause-related healthcare solutions and services. The menopause space has garnered attention from both scientific, technology-driven companies and celebrity brands. However, Midi Health stands out by prioritizing care over products, aiming to provide a comprehensive support system for women navigating the challenges of menopause.As the menopause care sector continues to evolve, Midi Health's approach could offer women across the United States improved access to high-quality care, thereby positively impacting their health and well-being during this critical life stage. Alphabet's GV, known for strategic investments, sees the potential for Midi Health to drive meaningful change in the healthcare landscape for menopausal and post-menopausal women.
<
Page 7 |
Page 9 >