The firm said the changes are part of a broader shift in how it pursues new growth.
This marks the fifth consecutive year that Ülker has received the recognition.
The launched products reflect increasing mainstream acceptance of plant-based products.
Stacy Taffet will be tasked with growing the company’s expanding snacks portfolio, including the iconic Reese’s and Dot’s pretzels.
The acquisition could not be completed due to factors beyond the company’s control.