Showing posts with label University of Notre Dame. Show all posts
Showing posts with label University of Notre Dame. Show all posts

Sunday, February 22, 2015

Jim Rohr: Accomplished Executive

Jim Rohr was born on October 18, 1948, and is a Cleveland, Ohio native. He earned a bachelor of arts degree from the University of Notre Dame in 1970. Jim took up further studies and earned an MBA in 1972 from The Ohio State University. 
Jim has been connected to one company in his entire professional career having worked at PNC Financial Services Group, affiliated or predecessor company.  He joined the group in 1972 and held various marketing and management positions. Among them as president and vice chair and president and chief operating officer. Jim was promoted to chief executive officer in 2000 and chairman in 2001. 
He was immediately faced with a major challenge when he assumed the CEO post. PNC was forced to restate its 2001 earnings because it had shifted $762 million in underperforming assets and loans to accounts that were removed from the company’s balance sheet.  Jim was able to handle the scandal properly and guided the banking corporation out of troubled waters. 
Yet this took a while as Jim faced problem which included the stock of PNC loosing around half its overall value during 2001. As could be expected during shareholders’ meetings there were those demanding for his resignation as CEO. Jim and his team prevailed. PNC’s net income began to rise in 2004 and the following year the financial institution earned a company record $1.3 billion.
Jim did not stop there as he led PNC in acquiring other banks turning the company into a major regional bank. One of the major acquisition was during the height of the financial crisis in 2008 when PNC acquired National City Corporation which doubled the size of PNC making it briefly one of the five largest US banks. 
Jim was bestowed 2007 American Banker’s Banker of the Year Award. He retired as CEO in 2013 and as executive chairman in April 2014 having served at PNC for 42 years, including 13 years as CEO. 


Sunday, July 13, 2014

William J. DeLaney III: Sysco CEO

William J. DeLaney III graduated in 1977 from the University of Notre Dame. He earned in 1982 a Master of Business Administration from the prestigious Wharton School of the University of Pennsylvania.

William joined Sysco which is traded in the New York Stock Exchange as assistant Treasurer at the firm’s corporate headquarters in 1987. He earned a promotion in 1991 becoming the company treasurer. William was appointed a Vice President in 1993 and held this position until 1994.

In 1996 he joined Sysco Syracuse as CFO. He moved up the ranks becoming Senior Vice President in 1998 and Executive Vice President in 2002. William transferred to Sysco Charlotte as President and CEO in 2004. He went back to Houston in 2007 and was appointed Executive Vice President and CFO of the company. William served this role for two years and was then promoted to CEO in March 2009; he joined the firm’s Board of Directors earlier in January 2009. Since February 2010, William has also served as Sysco’s President.

Outside of Sysco, he has served since September 2011 on the Board of Directors of Aristotle Holdings and Express Scripts. William also sits on the Board of Directors of the Center for Houston’s Future which was founded by the Greater Houston Partnership.

Sysco is a global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. The firm’s family of products also includes equipment and supplies for foodservice and hospitality industries.
Sysco runs 193 distribution centers catering to around 425,000 customers. In Fiscal Year 2013 that ended June 29, 2013, the firm produced record sales of over $44 billion. Sysco today is comprised of six business groups.

The largest part of its business is its 95 broad line operating companies that distribute a full line of food products and a wide variety of non-food products to both independent and chain restaurants customer and other “away-from-home” locations like healthcare and educational facilities.