Strauss Coffee terminates CEO Morgan
Strauss Coffee said Friday that the company's general shareholders approved the termination of Todd Morgan's employment as CEO. Strauss said it will begin a "comprehensive and orderly process" to find its next CEO. Tomer Harpaz, E.V.P. for Business Development, Strategy and Technologies at Strauss Group, was named interim manager of Strauss Coffee. Harpaz has served as a director of Strauss Coffee for the past three and a half years. TPG owns a minority stake of Strauss and had sued in the Netherlands to block Morgan's termination.
3 January 2014•2 mins read
