Olympic Gold Medalist Champions New Goal: Getting Kids into Sports Programs
In 1984, Benita Fitzgerald Mosley won gold at the 1984 Olympics. Now, the former Olympian is the CEO of Laureus USA and is on a mission to bring sports to under-served kids across the U.S.
Laureus USA works in cities to bring free sports programs to kids. Mosley explains that the programs also include mentoring, college counseling, and other development tools.
Mosley says one of the greatest obstacles preventing kids from getting into sports programs in the cost barrier. She also acknowledges the performance barrier due to the professionalism of kid sports. With college scholarships and other opportunities on the line, elite and expensive training programs are keeping some kids out.
When asked about what it is like to win a gold medal at the Olympics, Mosley compared it to being a 5 year-old on Christmas morning. She said she still cries whenever the national anthem plays for a fellow American athlete.
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.
