Yogurt maker Chobani Inc. has named Dipak Golechha, an 18-year veteran of Procter & Gamble Co., as its new chief financial officer. Mr. Golechha, who will start on Jan. 1, has been a divisional CFO at P&G, most recently for its global feminine health and hygiene business, where he also is chief operating officer. Before that, he was CFO for its global snacks division. The appointment of Mr. Golechha is the latest in a string of executive appointments at the New Berlin, N.Y.-based company. In July, for example, Chobani hired David Denholm, formerly in charge of Kellogg Co.’s main breakfast division, as COO, and Peter McGuinness, a longtime advertising executive, as its chief marketing and brand officer.
The U.S. law enforcement officers raided a popular cafe linked to Pennsylvania-based Imam Fethullah Gülen in New York's Brooklyn on early Friday morning, the Daily Sabah has learned. More than a dozen officers seized computers during the raid on Masal Cafe, a popular destination for Gülen's disciples, according to frequent visitors of the venue. Another search was also conducted against the cafe's owner, Salahattin Karakuş's house, in which his computers were also confiscated. Karakuş confirmed on Sunday via phone that U.S. law enforcement officers were in his house and the cafe. "They told me not to talk about this with anyone. That's all," he said. Local media reported that the raid was conducted by the Federal Bureau of Investigation, however, FBI's New York office said it had not carried out the operation. 
USA Swimming is pleased to fuel its athletes with high protein products made with only natural, non-GMO ingredients through its newest multi-year partnership with America’s #1 Greek Yogurt Brand, Chobani, LLC. A key aspect of the partnership will see Chobani and USA Swimming work together to create a digital content series promoting creative and healthy eating choices. This series will be featured across Chobani and USA Swimming’s multimedia platforms, including social media and digital channels. 
Chobani and Nielsen Catalina Solutions teamed up for a Yahoo Search ad campaign that resulted in a 9% lift in yogurt sales and a 1.3% increase in market share. The campaign was conducted as a measurement study as well to provide the brand with insights into how paid search impacted in-store sales. To do this they looked at household data on demographics, purchase histories, regional purchase behavior, and buying cycles. Chobani Chief Marketing and Brand Officer Peter McGuinness told Ad Age, "It's yet another proof point that advertising in any form, on any channel, has merit and effectiveness. It just helps further justify budgets overall, and specifically in search." 
Hamdi Ulukaya, the 43-year old founder and chief executive of Greek yogurt maker Chobani, has helped pull off a remarkable turnaround over the last 19 months. During that time, the Turkish businessman has turned an operating loss into a profit and, even against stepped-up competition, increased Chobani’s market share, The Post has learned. Much of the success has been attributed to the introduction of Chobani Flip, a single-serving package that separates the yogurt from dry toppings, and to Ulukaya’s stepped-up focus as CEO. 
Yogurt maker Chobani announced it will name a new chief executive to replace its founder and may appoint its acting president, a turnaround expert from private equity firm TPG, which lent the company $750 million last year. The company plans to name a new CEO in the first half of 2015 and replace company founder Hamdi Ulukaya – the top contender is currently interim president and COO Kevin Burns. 
Kevin Burns is not being paid to serve as interim COO of the challenged yogurt-maker. Last week, The New York Times reported that investors with private equity firm TPG Capital were “paying twice” for work being done by TPG partner Kevin Burns, who also is serving as the interim COO of yogurt maker Chobani (in which TPG invested last year). The paper basically alleged that Burns was being paid his regular TPG salary, derived from annual management fees paid by limited partners in TPG funds, while TPG also was receiving from Chobani a “a separate fee based on the partner’s work on the particular investment.” And, rather than sharing this separate fees with its limited partners, TPG had used a shadowy internal “recovery” group to keep most of the money in-house. 
Maxim Integrated Products (NASDAQ:MXIM) CEO Tunc Doluca sold 6,000 shares of the company’s stock on the open market in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $33.13, for a total value of $198,780.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Hamdi Ulukaya, the founder and CEO of Chobani, allegedly bribed a former employee at Fage to reveal the rival's recipe for Greek yogurt, according to Ulukaya's ex-wife. A recent court filing obtained by The Huffington Post accuses Ulukaya, a Turkish born immigrant and now billionaire, of repeatedly bragging about how he "traveled to Europe and bribed this employee with 30,000 Euros." The allegations are being made by Ulukaya's ex-wife, Ayse Giray. The former couple has been locked in a legal battle since 2012, when Giray first claimed Ulukaya denied her a stake in the company. 
In medical terms, Dr. Mehmet Oz's Hearst Magazines project has just begun "gestation" (no title yet for a magazine set to begin testing in first-quarter 2014), but the acclaimed cardiologist and television personality did his first meet-and-greet at a July 10 HM luncheon for the Chicago advertiser and agency communities at the Peninsula Hotel. 
