Showing posts with label Chobani. Show all posts
Showing posts with label Chobani. Show all posts

Monday, February 26, 2018

Dannon Defector to Chobani Ignites Yogurt Trade Secrets Battle; Bloomberg Business, February 21, 2018



Chris Dolmetsch, 
Bloomberg Business; Dannon Defector to Chobani Ignites Yogurt Trade Secrets Battle

"Federico Muyshondt is accused of stealing details of Dannon’s business strategies, plans for future products and customer lists before resigning in January to take a position with Chobani, according to a complaint filed Wednesday in federal court in White Plains, New York.

The suit illustrates how competitive the yogurt business has become and highlights the proliferation in the corporate world of non-compete clauses in workers’ contracts that restrain them from going to work for rival employers. Just last week, International Business Machines Corp. called foul on Microsoft Corp.’s hiring of its former chief diversity officer in a case that elevated the recruiting and promotion of a diverse workforce to the level of protecting proprietary technology."