Diamond Foods Inc. Fires CEO Following Probe; Company’s Purchase Of Pringles From Procter & Gamble Now In Question
Feb. 9, 2012
Diamond Foods Inc. fired Michael Mendes, its chief executive officer, and said it would restate financial results for two years, after an internal probe found it had wrongly accounted for payments to walnut growers
Diamond Foods Inc. fired Michael Mendes, its chief executive officer, and said it would restate financial results for two years, after an internal probe found it had wrongly accounted for payments to walnut growers, according to The Wall Street Journal. The article noted the company’s purchase of Pringles from Procter & Gamble may not happen. For the full story, click here.
