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Food & Beverage

Candy CEO Ferrero Dies While Cycling

April 21, 2011
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Bloomberg reports that Pietro Ferrero, chief executive officer of the Ferrero group, maker of Nutella chocolate spread and Tic Tacs, and heir to Italy’s biggest fortune, died of a suspected heart attack in South Africa. He was 47. Ferrero died while bicycling on a coastal road near Cape Town during a break from a company meeting in South Africa. Pietro Ferrero was joint CEO with his brother Giovanni.

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