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Hormel Foods VP of R&D to retire
Hormel Foods has announced the upcoming retirement of Dr. Phillip L. Minerich, VP of research and development, effective Dec. 31. Taking his place Oct. 28 will be Dr. Kevin L. Myers, who is currently director of product and process development, research and development.
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Dunnhumby launches fund for retail tech startups
Dunnhumby, a leading customer science company, has launched Dunnhumby Ventures, a seed-stage investment fund focusing on innovations in retail technology.
Dunnhumby Ventures will serve as a support mechanism for innovators, helping to fund startup businesses that are embracing data for innovations along the consumer’s path to purchase. Dunnhumby Ventures will also provide strategic input and mentorship. Average initial investments will range from $100,000 to $500,000.