Asked about trends in private label bread sales, Fred Penny, president of BBU,
began by affirming the important role store brands play in the bread category as well as “in multiple food categories.”
At the helm of BBU, the largest commercial baking company in the United States, Mr. Gavin will succeed Fred Penny, who has led the US business of Grupo Bimbo SAB de CV for 10 years.
Hostess Brands, Inc. introduced Kazbars, its first breakthrough innovation of the year, at the Consumer Analyst Group of New York conference in Boca Raton.