The U.S. Department of Labor (DOL) has announced a final rule to help employers and workers better understand when a worker qualifies as an employee and when they would be considered an independent contractor under the Fair Labor Standards Act (FLSA). This rule rescinds the Independent Contractor Status Under the Fair Labor Standards Act rule (2021 IC Rule), which ...
Sodexo has appointed Rohit Bahety chief financial officer (CFO) for Sodexo North America. Bahety joined Sodexo India in 2006 from Abbott Healthcare. He was named CFO and country president for Sodexo India in 2020 and was elevated to his most recent position, CFO of Sodexo’s North American campus and government division, in 2022. Bahety succeeds Sébastien ...
ISSA has released its 2023 Year in Review: Celebrating a Century of THE Association for the Cleaning Industry—a look back at how the association, including all of its various divisions and departments, focused on changing the way the world views cleaning. As the title suggests, this past year was particularly special for the association, as ...
Sodexo has appointed Sébastien de Tramasure group chief financial officer (CFO), effective May 1. De Tramasure has been with Sodexo for more than 18 years and currently serves as CFO of the company’s North America division. Prior to his current role, he held various finance positions, including CFO for Sodexo’s benefits and rewards services division. ...
Aramsco has announced details of NeXus 2024, the company’s annual trade show for the restoration, concrete surface preparation, abatement, safety, and professional cleaning industries. Aramsco’s two-day event will take place March 18–19 at Caesars Forum in Las Vegas and features more than 80 exhibitors showcasing their latest products and innovations in hands-on demonstrations. In addition to the ...
Sodexo’s convenience business, InReach, has acquired K&R Vending Services for an undisclosed sum. The acquisition expands InReach’s service offerings into Southern New Jersey, Delaware, and Eastern Maryland. Per the terms of the deal, Bradlee Whitson, current K&R president, will join InReach’s leadership team. “The acquisition of K&R Vending represents another step in our larger food ...
ISS S/A, parent company of ISS Facility Services, has appointed Mads Holm group chief financial officer (CFO). According to a press release, Holm will start his new role with ISS no later than August 1, 2024, and will be based out of the company’s corporate headquarters in Copenhagen, Denmark. He joins ISS from Equinor, where he ...
Sodexo reported a fiscal first-quarter revenue of US$6.89 billion, a 3.1% increase from last year’s revenue of $6.67 billion in the same time period. The company saw a 4.7% increase in sales in its facility management services division, while revenue in its business and administrations division was up 12.1% compared to the same time last year. ...
Welcome to the latest ISSA Legislative & Regulatory Update, a biweekly roundup of the public-policy issues currently impacting the full cleaning supply chain. This update touches on a free ISSA webinar on how to leverage International Cleaning Week 2024, helping ISSA submit a Cleaning Week proclamation for your state as part of ICW 2024, China ...
The International Facility Management Association (IFMA) has appointed Matthew Tucker, Ph.D., director of research. Tucker currently serves as is professor of workplace and facilities management and professorial lead for doctorate programs at Liverpool Business School in Liverpool, England. An expert in workplace strategy, Tucker has authored more than 70 publications that include peer-reviewed journals, book chapters, ...
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