Brendan Foley will lead the new food giant formed by the merger of McCormick and the Unilever food division.The deal includes a 15.7 billion dollar cash payment and gives Unilever shareholders a 65 percent stake in the entity.The agreement excludes operations in India, Nepal, and Portugal while focusing on global brands like Hellmann's.Fernando Fernandez is streamlining the group toward beauty and personal care after the
Magnum Ice Cream Company spin-off.