D10 Set to Celebrate 10 Years of Fundraising for Pediatric Cancer Research
The D10 is a Wall Street decathlon that has raised more than $10 million for pediatric cancer research over the years. This June, the event will celebrate it's 10th anniversary!
Dave Maloney is the founder of D10. Maloney joins Cheddar to explain why the event has continued to be popular and well attended.
Maloney illustrates how the event is as fun as it is beneficial. Participants enjoy a serious physical challenge, all the while, raising serious cash for pediatric cancer research.
Maloney is also the founder of NORMA, a streaming software initially developed for The D10. The software enables viewers to select the athletes and events they want to watch live.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.