Kellogg Company (NYSE:K) has created a new division to handle its emerging markets operations.

Kellogg Company (NYSE:K) Expanding Divisions In New Markets

This move by the company is a part of a realignment of its European operations, which has created three divisions, all reporting to Kellogg Company (NYSE:K) Europe President Stephen Twaddell.

The new unit, headed by Elizabeth Fleuriot in Russia will overlook Kellogg Company (NYSE:K)’s operations in markets like Turkey, the Middle East and Africa.

A Kellogg Company (NYSE:K) spokesperson said, “Russia would be run alongside other emerging markets as the company’s business there has similar challenges and opportunities to some of the group’s other emerging markets.”

Kellogg Company (NYSE:K) company shares are currently standing at 55.38.

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Last Price: 55.38
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12 Month Price Change %: 3.7%