date:Aug 04, 2012
l create a business with superior scale and capability in sales, marketing, research and development and operations, Ralcorp said.
Kevin J. Hunt, president and CEO of Ralcorp, backed the business realignment.
We believe the actions we are taking will result in a leaner, more cost efficient operation that is more appropriately structured for sustainable, long-term growth,Hunt said.
Full details of the restructuring implications will be discussed in its Q3 results.