International Multifoods Corp., Minneapolis, named Gary E. Costley chairman, president and CEO, effective Jan. 1. Current Chairman-CEO Robert M. Price will remain as a member of the board. Mr. Costley, 53, a 24-year veteran of Kellogg Co., has since 1995 been dean of the Babcock Graduate School of Management at Wake Forest University, Winston-Salem, N.C. He was previously exec VP-area director of Kellogg North America.
Copyright November 1996, Crain Communications Inc.