With People Drinking Less Milk, Dallas' Dean Foods Hires New CEO for Turnaround

Dallas-based Dean Foods Co. is getting a new leader in its bid to navigate declining U.S. dairy demand that has fueled the worst performance among global food companies in the past year.Eric Beringause, a food and beverage veteran who was chief executive officer of Gehl Foods LLC, will replace Ralph Scozzafava as CEO, the company announced Friday. Beringause begins work Monday.Beringause. who has 30 years of food, beverage and consumer products experience, was tapped to lead Dean's "transformation" in an industry beset by falling milk consumption, razor thin margins and fierce competition. That intensified after key customer Walmart Inc. built its own milk-processing plant last year.  Continue reading...