A reorganized marketing strategy follows the restructuring of its innovation efforts.

Kofi Bruce to replace Mulligan in February 2020

Part of global restructuring program.

The move is expected to be completed by the second quarter of 2020.

To meet the rising demand for its products, seven bakeries and 11 distribution centers now deliver baked foods to more than 4,000 retail and food service outlets.

Building will include a new consumer research center.

Company announced plant closing in October 2018.

Delivery capabilities also expand at KFC and Taco Bell.

First-half sales up 3.5% on strong U.S. performance.

Selective adjustments under consideration, Penny says.