That is why we in Johnson & Johnson are working to create an inclusive environment where diverse backgrounds, perspectives and experiences are valued and each and every one of our people feels that they belong and can reach their potential. We help natural & organic, specialty and fresh brands and products get onto retail shelves and online. See if KeHE is hiring near you. The firm increasingly also advises Czech and Slovak companies with their business activities abroad in co-operation with local lawyers with the necessary expertise. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. KeHE launched Women Empowered (WE), an annual meeting for women in management, followed by monthly webinars supported by the Network of Executive Women (NEW), an outside organization. Moody's SF Japan K.K. However, MOODY'S is not an auditor and cannot in every instance independently verify or validate information received in the rating process or in preparing its Publications. An opportunity to be part of a global market leader. Thank you, your preferences have been updated. Corporate Relations Get the big picture on a company's affiliates and who they do business with. Change location. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com. We offer together with an accounting partner a complete outsourcing of payroll accounting and labour law housekeeping. Active and effective interaction with other GS Compliance team members, other GS departments and local affiliates (BU Business Units). section in order to receive the most current information made available by Johnson & Johnson Services, Inc. with any questions or search this site for more information. Alena Bnyaiov regularly represents major domestic and international clients before Czech courts and arbitration tribunals in high value commercial litigation such as damages claims, unfair competition as well as corporate disputes. KeHE Distributors is one of the nations top pure play wholesale food distributors with 16 distribution centers across North America. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com. And partner with grocery stores, supermarkets, natural retailers, online eCommerce dropshippers to access a curated assortment of innovative products via a one-truck delivery. Information regarding certain affiliations that may exist between directors of MCO and rated entities, and between entities who hold credit ratings from Moody's Investors Service and have also publicly reported to the SEC an ownership interest in MCO of more than 5%, is posted annually at www.moodys.com under the heading "Investor Relations Corporate Governance Director and Shareholder Affiliation Policy.". Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review. Our commitment to respect the dignity and diversity of all is embedded in our Credo. MSFJ is not a Nationally Recognized Statistical Rating Organization ("NRSRO"). MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. We fulfil high ethical standards and stay far away from all kinds of shady business practices. Our mission to Serve and feed America is fueled by an obsession with natural & organic, specialty, and fresh products. Commercial and Corporate law, M&A, Litigation and Arbitration and Competition law. ;?u`/ (^q@cdC~ i9 V r5{CyNTtW10`tY`t6C)7lI a"V@. Contact Uswith any questions or search this site for more information. Your use of the information on this site is subject to the terms of ourLegal Notice. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Larry Hartley, EVP, Warehouse Operations There are more than 2,000 employees in Human Resources, Finance and Procurement who work for Johnson & Johnson Global Services in key service centers located in Manila, Suzhou, Prague, Bogota and Tampa, as well as in local country-based hubs. Mr. Cleary has served on KeHE's board of directors since 2007. KeHE Corporate Headquarters and Office Locations 367 Jobs KeHE is headquartered in Naperville, IL and has 15 office locations located throughout the US. KeHE Distributors Food Information Technology Logistics Transportation Headquarters Naperville, IL Total offices: 3 Local Employees: 250 Total Employees: 7,000 Year Founded: 1952 View Website Overview Perks + Benefits Jobs 14 KeHE Distributors Benefits Overview Moody's expects the demand for food at home will moderate in 2022 as coronavirus related restrictions gradually ease and consumer spending patterns normalize. All Corporate Offices Corporate Offices Naperville, IL 1245 E Diehl Rd Suite 200, Naperville, IL 60563 Tom Mdra is a great lawyer with deep knowledge of the Czech legal environment and its variables., Andreas Ueltzhffer is a great practitioner, with good flexibility and a great network that contributes positively to a very good development of the cases., Andreas Ueltzhffer; Lars Magnus Klett; Lucie Hladnov, Highly skilled, fast, and great quality of work., Lars Magnus Klett is perfect for cross-border activities., The team consists of various experts who cover a span of legal fields., The key capability I like most is that the firm gives a distinct a clear recommendation., Each member of the team gives you the secure feeling (proved by my experience) that they analyse every case thoroughly and build their recommendation upon it., NH Hotel Prague City and NH Collection Prague, Plaschka (member of Poppe + Potthoff group), The team has expert knowledge, gives very good advice, and is very friendly., NH Hotel Prague City and NH Hotel Collection Prague (former Prague Mvenpick Hotel). KeHEs award winning food trade shows offer in-person and virtual opportunities to explore the latest emerging brands and new products to hit the marketplace. It has a distribution network of more than 4,100 suppliers . The pay range for this position is $45-48k/ yearly based on qualifications and experience. Moody's estimates debt/EBITDA (with Moody's standard adjustments) will be below 3.0 times for the fiscal year ending April 2021. 5 weeks of vacation, home office, flexible working hours, sick days, Meal vouchers, Cafeteria, referral award, life and accident insurance, MultiSport card. These delight consumers and deliver stellar growth for our customers and suppliers. UEPA also advises on Czech trusts, which are basically an asset protection vehicle. Contribution for: Prague public transportation, language study, illness leave, pension contribution, Refreshment in the workplace, company gym, free sports activities, corporate events, Prague, Czech Republic; Manila, Philippines. A dynamic and inspiring working environment. UEPA advises its clients through all fields of their business, supports them in domestic and international transactions, as well as in day-to-day work. Another growing part of our business is the hotel and leisure industry. "The upgrade reflects operating performance that has exceeded Moody's expectations as demand for food at home has skyrocketed due to the coronavirus pandemic" Moody's Vice President Mickey Chadha stated. The stable outlook reflects our expectation that KeHE will continue to improve profitability and reduce leverage through EBITDA growth while maintaining good liquidity and balanced financial policies including but not limited to acquisitions. KeHEs diversity initiatives are applicablebut not limitedto our practices and policies on recruitment and selection, compensation and benefits, professional development and training, promotions, transfers, social and recreational programs, layoffs, terminations, and the ongoing development of a work environment built on the premise of gender and diversity equity that encourages and enforces: Respectful communication and cooperation between all employees. UEPA also assists its clients in neighbouring Slovakia and has an excellent network of professional contacts in other Central and Eastern European countries that the firm can rely on, if the need arises. It is classified as operating in the Grocery Wholesalers industry.Apr 19, 2021 . Please see ourPrivacy Policy. Prior to founding Fort Dearborn Partners in 1990, Mr. Cleary was the partner in charge of the business and financial consulting practice in the Chicago office of Grant Thornton LLP. Find new opportunities near you. The mission is to enhance the awareness of African American talent by cultivating a positive environment for mentorship and exposure in alignment with KeHE Diversity and Inclusion goals. For the best experience, access kehe.com with the most up to date version of Microsoft Edge, Safari, Firefox or Google Chrome. We usually respond quickly to new and upcoming trends and legal developments. The closure of restaurants due to the pandemic has resulted in increased dollars being spent at the grocery store as consumers are forced to eat at home. Natural and organic, fresh and specialty product distribution is our passion, serving others is our purpose. Our goal is to provide services in a highly cost-effective and compliant manner, leveraging our resources in a cross-sector environment. Truework allows you to complete employee, employment and income verifications faster. Kehe Distributors, LLC * 1 Principals See who the company's key decision makers are 198 Contacts Reach the right people with access to detailed contact information. Departments: Marketing, Supply Chain, Engineering, Other, Human Resources, IT, Finance, Customer Service, Art/Design, Sales, Retail, Plant/Manufacturing, Warehouse, Accounting, Non Profit/Government, Construction, Research & Development, Facilities, Business Development, Corporate Management, Departments: Warehouse, Facilities, Supply Chain, Plant/Manufacturing, Other, Human Resources, Marketing, Hospitality/Service, Administrative, Customer Service, Business Development, Departments: Warehouse, Plant/Manufacturing, Facilities, Other, Human Resources, Administrative, Engineering, Supply Chain, Customer Service, IT, Sales, Business Development, Departments: Warehouse, Other, Supply Chain, Human Resources, Engineering, Accounting, Administrative, Plant/Manufacturing, Departments: Sales, Retail, Finance, Marketing, Business Development, Departments: Sales, Warehouse, Supply Chain, Departments: Customer Service, Retail, IT, Accounting, Engineering, Sales, Warehouse, Administrative, Marketing, Plant/Manufacturing, Other, Finance, Departments: Warehouse, Plant/Manufacturing, Supply Chain, Education, Facilities, Human Resources, Other, Finance, IT, Sales, Business Development, Customer Service, Departments: Retail, Warehouse, Supply Chain, Administrative, Sales, Departments: Warehouse, Plant/Manufacturing, Supply Chain, Other, Engineering, Education, Sports/Entertainment, Departments: Warehouse, Plant/Manufacturing, Supply Chain, Other, Sales, Finance, Engineering, Retail, Education, Customer Service, Business Development, Departments: Warehouse, Other, Sales, Plant/Manufacturing, Engineering, Retail, Supply Chain, Customer Service, Business Development, Departments: Warehouse, Supply Chain, Other, Engineering, IT, Administrative, Human Resources. Moody's. New York, August 26, 2020 -- Moody's Investors Service, ("Moody's") today upgraded KeHE Distributors, LLC's ("KeHE") Corporate Family Rating and Probability of Default Rating to Ba3 and . Pharmaceutical Companies of Johnson & Johnson, Reimagining the Way Healthcare Is Delivered, Meeting the Personal Care and Wellness Needs of Consumers Worldwide, Advancing New Healthcare Solutions Through Collaboration, Learn About the Company's Rich Heritage at Our Digital Museum. Ratings could be downgraded if operating performance deteriorates such that debt/EBITDA is sustained above 3.0x and EBITA/interest approaches 2.25 times. Verifiers love Truework because it's never been easier and more streamlined to verify an employee, learn more here. Check all of our locations and find and apply for a KeHE Distributors job near you. The employee-owned company is a wholesale supplier of natural and organic, specialty, and fresh foods, serving more than 30,000 natural food stores, chain and independent grocery stores, ecommerce retailers, and other specialty product retailers throughout North America. MOODY'S ISSUES ITS CREDIT RATINGS, ASSESSMENTS AND OTHER OPINIONS AND PUBLISHES ITS PUBLICATIONS WITH THE EXPECTATION AND UNDERSTANDING THAT EACH INVESTOR WILL, WITH DUE CARE, MAKE ITS OWN STUDY AND EVALUATION OF EACH SECURITY THAT IS UNDER CONSIDERATION FOR PURCHASE, HOLDING, OR SALE. There are currently sixteen members based out of the KeHE corporate office. 630-343-0000. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. With so much going on, you need the freedom to focus on what matters most running your business. Read More The largest publicly traded grocery . UEPA advokti s.r.o. CREDIT RATINGS, NON-CREDIT ASSESSMENTS ("ASSESSMENTS"), AND OTHER OPINIONS INCLUDED IN MOODY'S PUBLICATIONS ARE NOT STATEMENTS OF CURRENT OR HISTORICAL FACT. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT CONSTITUTE OR PROVIDE INVESTMENT OR FINANCIAL ADVICE, AND MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT AND DO NOT PROVIDE RECOMMENDATIONS TO PURCHASE, SELL, OR HOLD PARTICULAR SECURITIES. None of the information on this page has been provided or approved by KeHE. 2023 Legalease Ltd. All rights reserved, Registered company in England & Wales No. Employer and employee contributions to the communities we serve to promote a greater understanding and respect for the diversity. The data presented on this page does not represent the view of KeHE and its employees or that of Zippia. by cooperating closely with other law firms. English is the official language of our company. > Firm Profile The firm: UEPA is an independent full-service law firm based in Prague, founded in 2006 by two partners who had previously worked in large international law firms.UEPA has since grown from three to 25 lawyers and since 2018 has three partners. MJKK and MSFJ are credit rating agencies registered with the Japan Financial Services Agency and their registration numbers are FSA Commissioner (Ratings) No. 0 Many of our clients are active in the Slovakian market as well. %%EOF Founded in Art Kehe's Palatine basement 67 years ago, Kehe focused for years on independent local retailers. At leadership level, Lucie Dolansk Bnyaiov, Lucie Orulov, and Alena Bnyaiov are the names to note. KeHE Distributors is one of the nation's top pure play wholesale food distributors with 16 distribution centers across North America. Use of this site constitutes your consent to application of such laws and regulations and to ourPrivacy Policy. Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating. UEPAs partners have been active on the Czech market for the past 24 years, working on high-profile corporate and real estate transactions. Kehe Distributors's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. That caused a big boom of GDPR business. Non-NRSRO Credit Ratings are assigned by an entity that is not a NRSRO and, consequently, the rated obligation will not qualify for certain types of treatment under U.S. laws. Brian Wilkinson, Chief Information Officer Quantitatively, ratings could be upgraded if debt/EBITDA is sustained below 2.5 times and EBITA/interest expense is sustained above 3.5 times. About In my professional lifetime, I have only held a few. . MOODY'S CREDIT RATINGS,ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY ANY PERSON AS A BENCHMARK AS THAT TERM IS DEFINED FOR REGULATORY PURPOSES AND MUST NOT BE USED IN ANY WAY THAT COULD RESULT IN THEM BEING CONSIDERED A BENCHMARK. For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. 85 0 obj <>/Filter/FlateDecode/ID[]/Index[53 73]/Length 139/Prev 482487/Root 54 0 R/Size 126/Type/XRef/W[1 3 1]>>stream Many clients acquired business with our help, be it developers meeting production companies with expansion plans or funds talking to real estate developers selling their properties. Arbitration and ADR form another growing practice area of UEPA. First of all, we have been active on the Czech legal market for over 20 years. To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability to any person or entity for any indirect, special, consequential, or incidental losses or damages whatsoever arising from or in connection with the information contained herein or the use of or inability to use any such information, even if MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers is advised in advance of the possibility of such losses or damages, including but not limited to: (a) any loss of present or prospective profits or (b) any loss or damage arising where the relevant financial instrument is not the subject of a particular credit rating assigned by MOODY'S. Strong business acumen and customer orientation, Strong analytical and communication skills. All contents Copyright Johnson & Johnson.1997-2023. 125 0 obj <>stream Contract & Freelance Partner Opportunities, Do Not Sell or Share My Personal Information, Support management in maintaining a strong internal control environment, through implementation of SOX processes and controls according to Johnson & Johnson policies and standards, Supporting the SOX 404 program for applicable entities Execution of the program and ensuring Corporate SOX deadlines are timely and effectively achieved, Proactively identify operational and financial risks within GS EMEA SSC/ local affiliates and propose efficient controls to mitigate gaps, Look to optimize the business processes/operations impacted by compliance, through Continuous Improvement, Execution and identification of compliance issues via strong Due Diligence Reviews and Risk Based Assessments to identify and assist the local affiliates with remediation, improvement and enhancement of processes, Coordinate the local compliance Corrective Action Plan (CAP) process with the company and support local teams to ensure internal control gaps are closed timely + effectively, Proactively communicate and report on findings and status of CAP to applicable management, Review J&J corporate guidelines (ICH, WWP, etc) and related updates to ensure GS EMEA SSC/ local affiliates processes and controls are compliant and up to date, Support the GS EMEA roll out plan from a compliance perspective to ensure compliant implementation of new processes and new activities transitioned to GS EMEA SSC, Provide support and advise to local affiliates live with GS EMEA SSC on all finance compliance related matters, Ensure sufficient training is delivered in alignment with local compliance training program to enhance & strengthen embedded compliance awareness, Ensure full alignment with management & create strong business partnerships between all stakeholders, promoting the end-to-end approach. Mr. Cleary is the president and founder of Fort Dearborn Partners, Inc., a management consulting firm. However, the demand for specialty food products will continue to be strong as consumers are increasingly eating healthier food products. To be Best For the World, B Corps must have scores in the top 5% of one or more of the five impact areas assessed towards the certification. free lookups / month. 2023 Legalease Ltd. All rights reserved, Registered company in England & Wales No. Moody's Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004. We operate one office in Prague, although we are considering opening a branch in Bratislava. MJKK or MSFJ (as applicable) hereby disclose that most issuers of debt securities (including corporate and municipal bonds, debentures, notes and commercial paper) and preferred stock rated by MJKK or MSFJ (as applicable) have, prior to assignment of any credit rating, agreed to pay to MJKK or MSFJ (as applicable) for credit ratings opinions and services rendered by it fees ranging from JPY125,000 to approximately JPY250,000,000. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Peter Kisluk, SVP, Solutions Rating Action: Moody's upgrades KeHE's CFR to Ba3. For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Profit dollars have improved as the company has controlled expenses while growing the topline through increased volume from existing and new customers. For more than 130 years, diversity, equity & inclusion (DEI) have been part of our cultural fabric at Johnson & Johnson and woven into how we do business every day. KeHE Distributors is part of the Freight & Logistics Services industry, and located in Illinois, United States.
