When Warren Buffet's Berkshire Hathaway bought Heinz last June, they
made Bernardo Hees CEO; previously, Hees had served as CEO of Burger
King. McDonald's is apparently not happy about this: they've
announced that they're dumping Heinz
products in their stores. I wonder if they think Hees will feed
competitive intelligence back to BK about McD's operations? Presumably
he still has a massive chuck of BK stock, and you could probably derive a
lot of inside dope about McDonald's by having precise insight into the
supply chain for a critical element of its business.
Or maybe they're just vindictive corporate barons who take the rah-rah team-sports game of company loyalty
way too seriously.
"As a result of recent management changes at Heinz, we have decided to
transition our business to other suppliers over time," McDonald's said
in a statement.
"We have spoken to Heinz and plan to work together to ensure a smooth
and orderly transition," said McDonald's, which has more than 34,000
restaurants around the globe.
A spokesman for Heinz did not immediately respond to requests for comment.
No comments:
Post a Comment