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 ...
3M’s medical solutions division has been awarded US $34.2 million from the U.S. Army Medical Research Acquisition Activity. According to a press release, the funding will be used to develop a range of new solutions for infection prevention, as well as wound management and healing. 3M will collaborate with the University of Minnesota Medical School, the 59th Medical Wing Science & ...
Procter & Gamble (P&G), parent company of Procter & Gamble Professional (P&G PRO), has declared a quarterly dividend of US$0.94 per share on the company’s common stock. The dividend―$3.76 annualized with a yield of 2.5%―is payable February 15 to shareholders of record at the close of business January 19. P&G has paid a dividend to shareholders without interruption for 133 ...
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. ...
Sofidel has been named a recipient of a 2024 BIG Innovation Award. The annual awards program, presented by the Business Intelligence Group, recognizes organizations and individuals for developing and delivering innovative solutions for their community and customers. A panel of volunteers consisting of business leaders and executives selected Sofidel’s Papernet powered by HyTech Seas dispensers as a 2024 ...
Betco® Corp. has appointed Christopher Fricker, Ph.D, chief science officer. Fricker has more than 30 years of experience in product development and testing experience with cleaning and decontamination products in the hand hygiene, environmental cleaning, and disinfection industries. He holds numerous patents and has completed over 30 scientific journal publications and presentations. In his new position, Fricker ...
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 ...
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