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Jeff Baker Named Group Vice President for Retail Marketing at Hormel Foods
Prnewswire· 2025-05-16 10:30
Core Insights - Hormel Foods Corporation announced that Jeff Baker will become the group vice president for Retail marketing at the end of fiscal 2025, succeeding Scott Aakre [1] - Baker has been with Hormel Foods for 35 years, holding various positions in sales, product management, and marketing, demonstrating a strong track record of growth [2][3] - The company aims to evolve its brand portfolio to align with changing consumer preferences, enhance its presence in snacking and entertaining, and drive growth in its food-forward portfolio under Baker's leadership [1][3] Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue and operations in over 80 countries [3] - The company’s brand portfolio includes well-known names such as PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others [3] - Hormel Foods is recognized as a member of the S&P 500 Index and has received various accolades for corporate responsibility and community service [3]
Up 9% in 2025, Is It Time to Buy This Warren Buffett Stock and Hold for 20 Years?
The Motley Fool· 2025-05-16 09:00
Berkshire Hathaway owns dozens of stocks in its huge $288 billion portfolio. There's one tiny position that the Warren Buffett-led conglomerate owns that has generated a total return of 13,690% since its initial public offering in May 2006. Investors might want to learn what this business is.As of May 14, this financial stock is up 9% in 2025. At the same time, the S&P 500 index is little changed. Is it time to add this Buffett holding to your own portfolio and keep it for the next two decades? Business as ...
神州答卷|勇做“中部示范”——武汉市江夏区高质量发展实践观察
Xin Hua She· 2025-05-16 07:17
初夏时节,生机盎然。进入武汉市江夏区,可见汤逊湖碧波荡漾,藏龙岛国家湿地公园落英缤纷…… 近年来,江夏区连续上榜工业、创新、幸福、综合实力、投资竞争力、市辖区高质量发展等6个全国百强。当前,湖北正加快建成中部地区崛起的 重要战略支点,江夏勇担"中部示范"重任,书写高质量发展的生动篇章。 航拍武汉市江夏区。新华网发创新转化,激活增长"新动能" 00:58 新华网武汉5月16日电 题:勇做"中部示范"——武汉市江夏区高质量发展实践观察 新华网记者惠小勇、吴植、胡诚、张潘 汤逊湖碧波万顷,湖光山色中不仅闪动着游客身影,也涌动着创新浪潮。 汤逊湖周边,散布着腾讯研发中心、华为云创新中心、百度百捷创新园、阳光创谷等创新平台,延伸着连接车谷、光谷的科创大走廊,形成一个 正在崛起的科技"硅谷"。 大赛承办单位、大湾区科技创新武汉中心总经理邢宝伟介绍,江夏首届技术经理人大赛面向全国技术经理人及高校大学生开放,致力于构建"江夏 需求,全国响应;全国成果,江夏转化"的创新生态圈,推动"技术"与"市场"深度融合。依托"汤逊湖人才十条"专项政策,获奖选手将享受包括租 金补贴、创业融资扶持、购房补贴等全方位政策红利。 这些突破性举措, ...
XBP Europe Holdings, Inc. Reports First Quarter 2025 Results
Globenewswire· 2025-05-15 21:05
First Quarter 2025 Highlights Revenue of $37.7 million, a decrease of 1.2% year-over-year and increase of 5.7% sequentiallyGross margin of 30.1%, a 380 bps increase year-over-year and 190 bps increase sequentiallyAdjusted EBITDA of $3.7 million, an increase of 25.6% year-over-year and decrease of 16.1% sequentially LONDON and Santa Monica, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- XBP Europe Holdings, Inc. (“XBP Europe” or “the Company”) (NASDAQ: XBP), a pan-European integrator of bills, payments, and relate ...
Hormel Foods Announces Retirement of Scott Aakre, Group Vice President and Chief Marketing Officer for Retail, Following a Distinguished 35-year career
Prnewswire· 2025-05-15 20:05
Core Insights - Scott Aakre, the group vice president and chief marketing officer for Retail at Hormel Foods, will retire at the end of fiscal 2025 after 35 years with the company, but will continue to serve on the board of directors [1][2] - Aakre's marketing expertise has significantly strengthened the connection between Hormel's brands and consumers, and he is recognized for his contributions to the Austin, Minnesota community [2][4] - Hormel Foods Corporation generates approximately $12 billion in annual revenue and operates in over 80 countries, with a diverse portfolio of well-known brands [5] Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with a revenue of around $12 billion [5] - The company is a member of the S&P 500 Index and has received various accolades for corporate responsibility and community service [5] Leadership Transition - Aakre has held various management positions since joining Hormel Foods in 1990, including vice president of marketing for grocery products and senior vice president of Brand Fuel [3] - His responsibilities will be transitioned internally, ensuring continuity in leadership and strategic direction [1] Community Engagement - Aakre is actively involved in community and charitable causes, having served on the board of the United Way of Mower County [4] - He was recently appointed to the board of directors of The Hormel Foundation, which beneficially owns approximately 46% of Hormel's common stock [4]
EXL named a Leader in 2025 Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing
Globenewswire· 2025-05-15 14:17
NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, has been named a Leader in the 2025 Gartner Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO). The Gartner research report evaluated 16 F&A service providers according to a uniform set of criteria, placing companies into four Quadrants: Leaders, Visionaries, Niche Players and Challengers. Gartner defines Leaders as companies that “execute well against their current vision and are wel ...
Hillenbrand Announces CFO Transition Plan
Prnewswire· 2025-05-15 12:00
Core Points - Hillenbrand, Inc. announced the departure of CFO Robert "Bob" VanHimbergen, effective June 27, 2025, to pursue another position outside the company [1][2] - Megan Walke, currently Vice President and Corporate Controller, will serve as Interim CFO following VanHimbergen's departure [2] - The company has engaged an executive search firm to find a permanent CFO [2] - CEO Kim Ryan acknowledged VanHimbergen's contributions in transforming Hillenbrand into a pure-play industrial company and emphasized the company's strong positioning for future strategies [3] Company Overview - Hillenbrand is a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions [8] - The company's portfolio includes leading industrial brands serving large markets such as durable plastics, food, and recycling [8] - Hillenbrand is guided by its purpose to shape solutions that best serve its people, customers, and communities [8]
AI颠覆3000亿外包市场,从AI客服到AI催收,180万菲律宾小哥真扛不住了
3 6 Ke· 2025-05-15 11:43
Group 1 - The core viewpoint is that the outsourcing industry (BPO) is being fundamentally disrupted by AI, with predictions that many jobs will disappear by 2030, leading to a complete transformation of the industry [1][3][19] - The global outsourcing market is estimated to exceed $300 billion by 2024, with major companies like Cognizant, Infosys, and Wipro generating annual revenues between $10 billion and $20 billion [3][4] - Approximately 70% of the 9 million workers in the global BPO industry could be replaced by AI, particularly affecting regions like India and the Philippines [3][4][6] Group 2 - Companies like Klarna are transitioning from outsourcing to in-house customer service teams, citing AI's efficiency in handling customer inquiries, which has reduced response times by 82% and decreased repetitive questions by 25% [5][6] - AI startups are emerging in various sectors of the outsourcing industry, such as Decagon in customer service, HappyRobot in logistics, and Salient in debt collection, showcasing the potential for AI to enhance operational efficiency [7][9][10] - Decagon has signed contracts worth over $10 million and is in talks for a new funding round of $100 million, indicating strong market interest and growth potential [8] Group 3 - Traditional outsourcing giants like Wipro, Infosys, and Accenture are increasing their AI investments, with Wipro reporting a 140% increase in AI adoption in existing projects [16][17] - The shift towards AI poses challenges for these companies, as their existing business models, which rely on human labor and hourly billing, conflict with the product-oriented approach required for AI integration [17][19] - The competitive landscape of the outsourcing industry is changing, with technology becoming the primary driver of business processes, transforming customer service from a cost center to a valuable source of customer insights [20][21]
EnviroGold Advances NVRO Process™ Toward Commercialisation
Globenewswire· 2025-05-15 11:00
Process Optimisation, Strategic Alliances and Engineering Readiness Position Company for Market Entry TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) ("EnviroGold," or the "Company"), a clean-technology leader in reprocessing mine tailings and waste to recover precious and critical metals, is pleased to provide an operational update highlighting a series of recent strategic milestones that demonstrate meaningful progress toward the development of sca ...
DLocal (DLO) - 2025 Q1 - Earnings Call Presentation
2025-05-14 21:09
Forward-looking statements This presentation may contain forward-looking statements. These forward-looking statements convey dLocal's current expectations or forecasts of future events, including guidance in respect of total payment volume, revenue, gross profit and Adjusted EBITDA. Forward-looking statements regarding dLocal and amounts stated as guidance involve known and unknown risks, uncertainties and other factors that may cause dLocal's actual results, performance or achievements to be materially dif ...