There's a big problem on college campuses that is going largely unnoticed. Many students are battling with food insecurity and are finding themselves struggling to afford nutritional meals. Rachel Sumekh, founder and CEO of Swipe Out Hunger, stopped by to share how her organization is trying to fix the problem.
Swipe Out Hunger allows college students to donate their extra meal kit points to their peers. The non-profit is already on 35 campuses and has provided 1.4 million meals. Sumekh explains why it's important the same kids that received free meals at school before college are not forgotten about once they pursue higher education.
Sumekh points out that hundreds of millions of dollars are wasted by students who don't use their meal plans. To make sure these are better utilized, she explains how relationships with food companies like Sodexo are getting involved with the program to save those dollars.
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.
