The number of women leading Fortune 500 companies dropped 25% from last year. There are now 24 female chiefs of America’s leading companies, down from an all-time high of 32 in 2017. More than a third of the women on last year’s list have exited; some, such as Mondelez CEO Irene Rosenfeld, have retired, while others, such as HPE’s Meg Whitman, have moved to new ventures. Most recently, Denise Morrison left her post as chief at Campbell Soup.
Category: Industry Snippets (Page 1 of 138)
Walmart will offer training for workers looking to restart their careers after taking time off to care for children or a family member. Starting in September, the retail giant’s technology unit Walmart Labs, along with non-profit Path Forward, will offer 16-week internships to roughly 30 workers who have taken at least two years off for caregiving, with the possibility of being hired full-time afterwards.
Henningsen Cold Storage Company has announced the appointment of PAUL G HENNINGSEN JR as president. He has served the company since 1987, primarily growing through the ranks of the company’s engineering department where he was responsible for the development, design, construction and management of all capital projects, including more than 20 expansions, improvements and new facility projects. In 2014, he was appointed chief operating officer. He succeeds his cousin MIKE HENNINGSEN, who will retire May 31, 2018.
PRO*ACT welcomes JEFF OBERMAN as vice-president of strategic programs, in what the company said is a continued strategy of growth in alternative channels. Oberman brings an array of produce industry leadership, including a 21-year tenure at United Fresh, where his talent for relationship development was recognized through a series of successive promotions. These culminated in his most recent position collaborating with all parts of the supply chain as the vice-president of trade relations.
TODCO, Transportation Division of Overhead Door Corporation, has promoted JAY SLOAN from manager of customer service and information technology to director of customer service and marketing. The new role includes increased responsibility for marketing and product management. Sloan joined TODCO in production assembly at the Marion OH factory just over 15 years ago. He has progressed in his career at the company with roles including order entry, rule writer, district sales manager for the Ohio Valley, Oracle implementation project manager, IT manager, and customer service manager.
SmartDrive Systems appointed John Krumheuer vice president of North American sales. With more than 20 years’ experience in transportation technology, Krumheuer joins SmartDrive from PeopleNet, a Trimble Company, where he was most recently vice president of sales and account management.
ATRO Polyurethane Solutions has named Rob Donaldson director of engineering/new product development and Todd Ziems as area sales manager covering Florida, Georgia, Alabama and South Carolina. With more than 20 years’ experience, Donaldson previously held engineering and product development group leadership positions with Siegel-Robert Automotive and TriMark Corporation. Ziems has nearly 25 years’ experience in the on/off highway truck and equipment segments, including having managed OE and aftermarket sales and engineering of suspension and underhood applications for Tenneco (Clevite Elastomers Division) and Excel Industries.
Starbucks Inc. will test blockchain technology for tracking its coffee beans.
Southeastern Grocers LLC, owner of the Bi-Lo and Winn-Dixie chains, filed for chapter 11 bankruptcy protection.
First-quarter profit at apparel chain Hennes & Mauritz AG fell 61% as inventories grew an unexpected 7%. (Reuters)