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Six years ago, Illinois farmer John Ackerman didn't hire any contract workers at all. He enjoys mentoring young people, but says it's felt harder lately to justify hiring inexperienced workers when contract workers do the same hard, physical jobs faster and better. Climate change affects all farm workers, but advocates and researchers say this is a reason to focus particularly on these workers. The USDA data showed an uptick in the number of farms using migrant labor, both within farms that already hired contract workers and overall. He’s tried reaching out H-2A workers on nearby farms, but says their supervisors won’t let them talk to him.
Persons: John Ackerman didn't, Ackerman, it's, Alexis Guild, Rebecca Young, , Jennifer Vanos, Abigail Kerfoot, Luis Jimenez, farmworkers, Jimenez, He’s, won’t, , Jed Clark, he's, Stephanie McBath, ” McBath, “ it’s, ” Bruce Cline, Scott Kuegel, ” Jimenez, Dorany Pineda, Joshua A, Bickel, Melina Walling Organizations: U.S . Department of Agriculture, Farmworker, Arizona State University, Centro de, Alianza Agrícola, , National Association of State, of Agriculture, Associated Press Locations: Illinois, U.S, New York, North Carolina, Kentucky, Crofton , Kentucky, Owensboro, AP.org
Even though the same jet model had crashed soon after taking off from Indonesia less than six months earlier, aviation authorities around the world had allowed the 737 Max to keep flying with passengers. A third incidentThis year, on January 5, a part of a 737 Max 9 flown by Alaska Airlines blew out, leaving a gaping hole in the side of the plane. Boeing’s production problems went beyond the design flaw that led to the crashes. “Within days of the first crash, Boeing knew there was a design defect,” Robert Clifford, one of the plaintiff attorneys in the case, told CNN. Last month, Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program.
Persons: New York CNN — Michael Stumo’s, Samya Rose Stumo, , , ” Michael Stumo, Michael Stumo Samya Rose, Max, Michael Stumo, We’d, ” Stumo, ” Zipporah, Joseph, ‘ something’s, ’ ” Joseph Kuria, Olivia Kuria, “ It’s, haven’t, Kruia, ” Kuria, ” Robert Clifford, people’s, Olivier Douliery, Dave Calhoun, Ed Clark, Stephen Brashear, Eduardo Soteras, David Calhoun, Mike Delaney, ” Joseph, Zipporah, Dennis Muilenburg, Calhoun, Stumo, “ I’m, Kuria, there’s Organizations: New, New York CNN, Boeing, Max, CNN, Copenhagen School of Public Health, Ethiopian, Alaska Airlines, National Transportation Safety Board, Alaska, Federal Aviation Administration, Transportation Safety Board, NTSB, Alaska Airlines Flight, Alaska Air, , US Justice Department, FAA, Justice Department, Getty, Ethiopian Airlines, Lion Air, Airline Pilots, Association of Ethiopia Locations: New York, Addis Ababa, Ethiopia, Kenya, Indonesia, Alaska, Portland , Oregon, Arlington , Virginia, AFP, , Renton , Washington, Washington
A person walks past an unpainted Boeing 737-8 MAX parked at Renton Municipal Airport adjacent to Boeing's factory in Renton, Washington on January 25, 2024. The company's 737 program head, Ed Clark, is leaving the company, Stan Deal, CEO of Boeing's commercial airplane unit, said in memo to employees. "Ed departs with my, and our, deepest gratitude for his many significant contributions over nearly 18 years of dedicated service to Boeing," Deal said. A month after the Alaska Airlines flight, Boeing said misdrilled holes on some Max planes would delay handovers of the aircraft to airlines. The door plug that blew out of the almost brand-new 737 Max 9 used for Alaska Airlines Flight 1282 has already brought increased scrutiny and restrictions from federal regulators.
Persons: Max, Ed Clark, Stan Deal, Katie Ringgold, Deal, Elizabeth Lund, Lund, Ed, it's Organizations: Renton Municipal Airport, Boeing, Alaska Airlines, National Transportation Safety, Federal Aviation Administration, Airbus, CNBC PRO Locations: Renton, Renton , Washington, Alaska, United
New York CNN —Boeing removed executive Ed Clark, the head of its 737 Max passenger jet program, after a dramatic – and terrifying – midair blowout in January underscored ongoing problems with the jet. But he had previously held roles related to the 737 Max, including as chief engineer and chief 737 mechanic. It created a new executive position, Senior Vice President for BCA Quality, and named Elizabeth Lund to that position. Mike Fleming, who had previously been senior vice president of development and customer service, will assume the role Lund previously held. And Katie Ringgold, who had been vice president of 737 Max deliveries, will assume Clark’s former position overseeing the Max.
Persons: Ed Clark, Max, Dave Calhoun, , ” Clark, Elizabeth Lund, Lund, Mike Fleming, Katie Ringgold, Scott Kirby Organizations: New, New York CNN, Boeing, Max, Alaska Airlines, National Transportation Safety Board, NTSB, Boeing Commercial Airplanes, BCA Quality, – United Airlines, Delta Air Lines Locations: New York, Southwest, Alaska
Boeing said on Wednesday that it was shaking up the leadership in its commercial airplanes unit after a harrowing incident last month during which a piece fell off a 737 Max 9 jet in flight. Ed Clark, the head of Boeing’s 737 Max program, which includes the Max 9, is leaving immediately, Stan Deal, the chief executive of the commercial airplanes unit, said in a memo to employees. Boeing, which also announced other leadership changes, has been under pressure from regulators, airlines and members of Congress to prove that it is committed to making safe planes. Boeing said recently that it was overhauling its quality control process, including increased inspections at the factory in Renton, Wash., where Mr. Clark oversaw Max production. Those crashes cost Boeing billions of dollars, damaged its image and attracted more scrutiny of the company from regulators worldwide.
Persons: Ed Clark, Stan Deal, Clark, Max Organizations: Boeing, Alaska Airlines, Max Locations: Renton, Wash, Alaska
The Boeing executive who oversaw the 737 Max program is leaving the company. Ed Clark's departure follows a midair blowout on a 737 Max flight in January due to missing bolts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Boeing executive responsible for the company's 737 Max program is out at the company weeks after one of its aircraft suffered a midair blowout on a January flight. Ed Clark, who oversaw production of the 737 Max, is "leaving the company" after almost 18 years, Stan Deal, chief executive of Boeing's commercial airplane division, said in a company memo obtained by Business Insider.
Persons: Ed Clark's, , Ed Clark, Stan Deal Organizations: Boeing, Service, Business
Clark ended Thursday with 3,569 career points and could set the all-time scoring record in men’s and women’s NCAA basketball history before the season’s end. The late Pete Maravich, who played at Louisiana State for three seasons from 1967 to 1970, holds that record – 3,667 points. Her 49 points Thursday also was a one-game best for her in college, and a one-game best for any University of Iowa women’s basketball player. Before Thursday’s game, at Iowa’s weekly news conference, Clark was asked if she ever thought she could be in a position to surpass the career scoring record. I think that’s been one of the coolest parts.”This season, Clark and Iowa are looking to end the season on a high by claiming a first ever women’s basketball national championship.
Persons: Caitlin Clark, Clark, Kelsey Plum’s, Pete Maravich, Clark’s, ” Clark, , I’m, Lisa, Bluder, Caitlin, , ” Bluder, you’ve, Greta Kampschroeder, Matthew Putney, Plum, eason, ould, , ames Organizations: CNN — University of Iowa, NCAA, Michigan Wolverines, Louisiana State, University of Iowa, Des Moines, Carver, Indiana Fever, University of Washington, tate Locations: men’s, Iowa, Michigan
LAS VEGAS (AP) — A Nevada jury has awarded about $130 million in damages in a lawsuit filed by five people who suffered liver damage after drinking bottled water marketed by a Las Vegas-based company before the product was recalled from store shelves in 2021. Real Water attorney Joel Odou argued that the company was unintentionally negligent, not reckless, the Las Vegas Review-Journal reported. The Southern Nevada Water Authority, the region's main public supplier, monitors and tests for 166 different possible contaminants, spokesman Bronson Mack said Thursday. Mack noted that the water authority was not a defendant in the lawsuits and said the area's municipal water supply meets or surpasses all federal Safe Drinking Water Act standards. Real Water was sold for at least eight years, primarily in Central and Southern California, Las Vegas, Phoenix and Utah.
Persons: Myles Hunwardsen, Henderson, ” Will Kemp, Kemp, Affinitylifestyles.com, Brent Jones, Jones, Herbst, Joel Odou, Bronson Mack, Mack Organizations: LAS VEGAS, AffinityLifestyles.com Inc, Republican, Telephone, Foods, Costco Wholesale, Hanna Instruments, Milwaukee Instruments, Water, Las Vegas, Las, The Southern, The Southern Nevada Water Authority, U.S . Food, Drug Administration, Clark County Health District Locations: Nevada, Las Vegas, Clark County, Lake, Hoover, Colorado, The, The Southern Nevada, Central, Southern California, Phoenix and Utah, U.S
I read it just as you dictated,” according to court records. The disclosure of the texts illuminate more of the behind-the-scenes discussions as Trump used powerful allies across the federal government to challenge the 2020 election results. The Washington Post has made public the full court document, and Politico also reported on the text messages. John Rowley, an attorney representing Perry, called the disclosure of the text messages this week “unfortunate.”“The communications reflect his efforts to understand real-time information about the 2020 election. Howell confidentially reviewed more than 2,000 documents Perry had sought to keep from investigators after they seized his cell phone last summer, including the text messages.
Persons: Scott Perry, Donald Trump’s, DOJ’s Jeffrey Clark, Clark, Perry texted Clark, , ” Perry, Perry, Clark’s, Justice Department official’s, ” Clark, Trump, Mike Pence, Beryl Howell, Howell, John Rowley, ” Rowley, Howell confidentially Organizations: CNN, Justice Department, Trump, DOJ, Republican, DC Circuit, Washington Post, Politico Locations: Michigan, Georgia
The FAA gave Boeing the green light to start certification flight testing of its 737 MAX 10. The variant is expected to enter service in 2024 after years of production delays. The 737 MAX 10 will rival Airbus' best-selling A321neo praised for its capacity and efficiency. The 737 MAX 10 is one of Boeing's two MAX variants — the other being the MAX 7 — not yet certified to fly. Both the MAX 8 and 9 were officially ungrounded in November 2020, and Boeing expected its 737 MAX 10 to enter service in 2022.
Persons: , Boeing's, Mike Fleming, Ed Clark, Wayne Tygert Organizations: FAA, Boeing, Airbus, Service, Business, Federal Aviation Administration, Seattle Times, United Airlines, Delta Air Lines, Ryanair, Air Locations: Air India
WASHINGTON, Nov 22 (Reuters) - The Federal Aviation Administration has cleared Boeing (BA.N) to begin certification flight testing of its 737 MAX 10, the largest version of its bestselling jet aimed at seizing the top of the narrowbody market. The FAA granted type inspection authorization for the 737 MAX 10 earlier this week, a milestone that allows FAA pilots to participate in flight testing needed to certify the plane for normal operations, three Boeing executives wrote in a letter to employees. The 737 MAX 10 is Boeing's answer to the A321neo made by European rival Airbus (AIR.PA), which has dominated the lucrative top of the single-aisle market in battles against Boeing's MAX 9. The MAX 10 has so far logged more than 400 flights and almost 1,000 flight hours during Boeing's test program. Boeing's MAX 7 - the smallest entrant of the 737 MAX family - is still awaiting FAA certification, expected by the end of 2023.
Persons: Mike Fleming, Boeing's, Ed Clark, Wayne Tygert, Valerie Insinna, Chizu Organizations: Federal Aviation Administration, Boeing, FAA, Airbus, Boeing's, Thomson
They used to take advantage of a grain elevator in Mayfield, Kentucky — a massive facility that bought and stored millions of bushels of grain from farmers. “The swings in the weather events that we have ... that’s kind of scary,” he said, especially for those with smaller farms. Human-caused climate change is only anticipated to amplify the number and intensity of those extreme events, from flash droughts to increased rainfall. Although he took some losses, he says that he and other farmers are used to dealing with uncooperative weather. On smaller farms, if farmers are forced to put everything in a low-lying area that floods, an entire crop can be affected, Schmitz said.
Persons: — Justin Ralph, he's, They're, you’ve, Ralph, Keith Lowry, Lowry, What’s, , Miranda Rudolph, Hans Schmitz, Jed Clark, Schmitz, Adam Kough, Murray, Kough, Joshua Bickel, ___ Read, Melina Walling Organizations: ” Farmers, University of, Farmers, Associated Press, AP Locations: MAYFIELD, Ky, Mayfield , Kentucky, Southern, Mayfield, Graves County, Kentucky, Indiana, ___
DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Thursday it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between the airline and the European manufacturer went unusually public during this week's Dubai Air Show. On Tuesday, Emirates President Tim Clark signaled the carrier would hold off on a major purchase of Airbus A350 aircraft over concerns about the Rolls-Royce Trent XWB-97 engines on the 350-1000. A statement issued by Emirates that also quoted Airbus did not mention the engine dispute, but the airline and the manufacturer notably did not hold a news conference at the Dubai Air Show to discuss the purchase. Airbus discontinued its iconic double-decker A380, which is one of the main workhorses of Emirates' fleet. “With this agreement, we mark another solid step forward in the long-standing relationship agreement between Emirates and Airbus,” Airbus Chief Commercial Officer Christian Scherer said in the statement.
Persons: , Tim Clark, Royce Trent XWB, Royce, Sheikh Ahmed bin Saeed Al Maktoum, Christian Scherer Organizations: United Arab Emirates, Emirates, Airbus, Dubai Air Show, Boeing Co, Tuesday, ” Emirates, , Boeing Locations: DUBAI, United Arab, European, Emirates, Dubai
Airbus nears compromise deal after Emirates jet order row
  + stars: | 2023-11-16 | by ( ) www.reuters.com   time to read: +2 min
[1/2] The Airbus A350-1000 seen in the aerial display during the media preview of the Singapore Airshow in Singapore, February 13, 2022. Industry sources said the two sides were trying to secure a compromise deal involving a switch from the A350-1000, Airbus' largest twin-engined jet which has fallen under the spotlight over the amount of downtime needed in Gulf conditions. Rolls-Royce acknowledged its engine for the A350-1000 would need more servicing than Emirates would like, but denied Clark's suggestion that the engine was "defective". However, it would still leave questions over its ability to compete with Boeing's 777X in the busy Gulf wide-body market, they added. Reporting by Tim Hepher, Alexander Cornwell and Pesha Magid; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
Persons: Caroline Chia, planemaker, Tim Clark, Tim Hepher, Alexander Cornwell, Pesha, Jan Harvey Organizations: Airbus, Singapore, REUTERS, Rights, Emirates, Royce, Dubai Airshow, Dubai, Boeing, Thomson Locations: Singapore, Rights DUBAI, Dubai, U.S
LAS VEGAS (AP) — The famous fountains at the Bellagio won't be very visible this week amid the roar of Formula One racing on the Las Vegas Strip, and gondoliers won't be serenading tourists at the Venetian resort. They hope Las Vegas will join Monaco on the leader board of host cities for Grand Prix events around the world. Green remembered Las Vegas Boulevard casino-hotels including the Dunes, Barbary Coast, Frontier, Silver Slipper, Sands, Desert Inn and Stardust. Huge properties new to the resort corridor include Resorts World, which opened in 2021, and Fontainebleu Las Vegas, due to open next month. “I think what what is happening is Las Vegas is becoming the epicenter of the 'fun economy,'” Feldman said.
Persons: Michael Green, , Green, , They’re, Joshua Guray, Charles Flexer, Clark, Jim Gibson, Gibson, it’s, ” Vanessa Anthes, Andrew Walsh, Walsh, Wynn, Evel Knievel, Alan Feldman, Bo Bernhard, ” Bernhard, ” Feldman, Ty O'Neil Organizations: LAS VEGAS, Bellagio, Las, gondoliers, University of Nevada, , Vegas, Monaco, Grand Prix, MGM Resorts International, selfies, Las Vegas, One Las Vegas, Police, NHL Vegas Golden Knights, WNBA Las Vegas Aces, NASCAR, Vegas Motor, NFL, Allegiant, Hollywood, Cosmopolitan, International, Seminole Tribe, Caesars, Villa, Caesars Palace, International Gaming Institute, UNLV, Tourism Council Locations: Las Vegas, Long Beach , California, Williamsport , Pennsylvania, Clark County, ” Clark, Vegas, Harrah’s, Flamingo, Horseshoe, Paris Las Vegas, Florida, Barbary Coast, Sands, Los Angeles
Lt. Gen. Richard Clark was hired last week to become the CFP's second executive director, replacing the retiring Bill Hancock. Mistrust and misaligned priorities among the conference commissioners who manage the CFP — triggered by realignment — along with leadership turnover in some leagues, snarled the expansion process. The next big item on the table for the College Football Playoff is negotiating a new television deal. The playoff is a small part of the changes coming to major college football. Sign up here___AP college football: https://apnews.com/hub/ap-top-25-college-football-poll and https://apnews.com/hub/college-football
Persons: Richard Clark, Bill Hancock, Clark, , they’ve, Hancock, ” Clark, ” Hancock, Mark Keenum, Keenum, Ralph D, Russo, ___ Organizations: Air Force Academy, Air Force, CFP, Mississippi State, College Football Playoff, ESPN, College, Big, Southeastern Conference, Atlantic Coast Conference, AP Locations: Mississippi
Former Deliverr and Shopify employees told Insider last week's layoffs at Flexport capped the end of a multiyear rollercoaster marked by multiple complicated acquisitions and integrations, compensation issues, and culture clashes. The integration of the Shopify Logistics team into Flexport had been rocky, five employees said. When Shopify completed its acquisition of Deliverr in July 2022, employees' equity converted to Shopify stock on a one-to-one basis. This person added that the conversion from public stock to RSUs meant that the value of their Flexport equity was less than they expected. The structure allows Shopify employees to decide the percentage of their compensation they want to be made up of cash and how much of stock.
Persons: Flexport, Shopify, vesting, Severance, Ryan Petersen, Constant, Dave Clark, Petersen, Clark, Madeline Stone Organizations: Flexport, Shopify Logistics, Deliverr, Employees, US, Shopify Locations: Flexport's, Shopify, Deliverr, Flexport, reorgs, Amazon, mstone@insider.com
Flexport employees are bracing for layoffs they believe could come as soon as Friday. Meanwhile on Slack, Flexport CEO and founder Ryan Petersen told employees "Get back to work people!" The comment, which was viewed by Insider, came in response to a set of questions an employee posed about executives' tips for success. Insider first reported that Flexport was planning layoffs on September 7, the day after its former CEO Dave Clark departed. The next day, Petersen hinted at more changes through a series of posts on X, formerly known as Twitter, saying, "Strategic Plan, Day 1: Make better decisions!"
Persons: Slack, Flexport, Ryan Petersen, " Petersen, Dave Clark, Petersen, Clark, Madeline Stone Organizations: Employees, Street, Amazon, Shopify Logistics Locations: Amazon, Flexport, mstone@insider.com
"I'm very, very lucky because I wouldn't have had the courage to go and do that acquisition, but I give all the credit in the world to Dave Clark," Petersen said. "There's a perfect complement of skill sets," Petersen told Forbes in June 2022. Petersen told Clark he should engage with Shopify's team, according to a person with direct knowledge of the negotiations. Clark, Petersen and Wagers met in Texas in mid-August to fine-tune the forecasts. Flexport told CNBC that an employee's politics are not relevant in personnel decisions.
Persons: Dave Clark, Ryan Petersen, he'd, Petersen, Clark, excoriated Clark, we've, Clark wasn't, Jeff Bezos, It's, Flexport, Clark overspent, Flexport's, He'd, Sanne Manders, Dave, Shopify, Tobias Lutke, Lutke, Shopify's, glanced, didn't, Fund's Trae Stephens, Michael Ronen, SoftBank, Andreessen Horowitz, Bob Swan, Samyukta Lakshmi, Kenny, Stuart Leung, pare, Leung, , Lindsey Wasson, Clark's, Stephens, Peter Thiel, Trump's, Petersen's, Sen, Joe Manchin, Chris Ferro, Ferro, Parisa Sadrzadeh, couldn't, Amazon, Sadrzadeh, Burak Yolga, Yolga, Nelly Organizations: North, Amazon, Twitter, CNBC, UPS, FedEx, Milken Institute Global Conference, Bloomberg, Getty, Forbes, Deliverr, Shopify's, Anduril Industries, Intel, Intel Corp, U.S ., Clark, Republican, Founders Fund, Democratic, Street Journal, Flexport Locations: Phoenix, Silicon, Clark, Beverly Hills , California, U.S, Flexport, Deliverr, Miami, Flexport's Bellevue , Washington, Bengaluru, India, Flexport's, Asia, U.S . West Coast, Texas, Ohio, Arizona, Thiel's, West Virginia, Seattle, integrations
Three weeks after Flexport founder Ryan Petersen fired Dave Clark as CEO and returned to run his supply chain software startup, the company has ousted its chief financial officer, and its human resources chief has resigned, CNBC has learned. Flexport informed CFO Kenny Wagers last week that he was being let go, according to people familiar with the situation. Clark and Petersen worked as co-CEOs of Flexport starting last September, and Clark took over as the company's sole CEO in March. Stuart Leung will become Flexport's Chief Financial Officer and report to Ryan Petersen, CEO, effective immediately. WATCH: Flexport CEO Petersen on company's plan to reinvest profits
Persons: Ryan Peterson, Ryan Petersen, Dave Clark, Flexport, Kenny, Stuart Leung, Leung, Petersen's . Petersen, Clark, Jeff Bezos, Petersen, Peter Thiel's, Jennifer Boden, Boden, Darcie Henry, Michael Brown, Stuart, Jennifer, " Petersen, Henry, Teresa Carlson, Tim Collins, Kelly Cheeseman, Andreessen Horowitz, SoftBank, it's, excoriated Clark, — CNBC's Rohan Goswami Organizations: Flexport Inc, CNBC, Amazon, Fund, Restructuring, Founders Fund Locations: San Francisco , California, U.S, Flexport, Shopify, Andreessen
Flexport's ex-boss Dave Clark moved his time at the company from "experience" to "education" on LinkedIn. Clark joined the company from Amazon in 2022, but last only a year before founder Ryan Petersen returned as boss. The former Amazon executive moved his year of working at Flexport from "experience" to "education" on his LinkedIn profile. AdvertisementAdvertisementAt the beginning of September, Clark left Flexport in a shock departure, with reports suggesting he was told to resign or be fired by founder Ryan Petersen. Founder and CEO Ryan Petersen hired Clark , the then-worldwide consumer CEO at Amazon, in June 2022 with the aim of expanding the company.
Persons: Dave Clark, Clark, Ryan Petersen, Petersen, Ryan, — Dave Clark, It's, … — Ryan Petersen, Flexport Organizations: Amazon, Service, Logistics, LinkedIn, Auburn University, University of Tennessee, Shipping Locations: Wall, Silicon, Flexport
ATLANTA (AP) — A federal judge who rejected efforts by former Trump White House chief of staff Mark Meadows to move his charges in the Georgia election subversion case to federal court is set to hear arguments Monday from former Justice Department official Jeffrey Clark on the same issue. Clark is one of five defendants seeking to move his case to federal court. While the ruling could signal an uphill battle for Clark and the others, Jones made clear he would assess each case individually. The practical effects of moving to federal court would be a jury pool that includes a broader area than just overwhelmingly Democratic Fulton County and a trial that would not be photographed or televised, as cameras are not allowed inside federal courtrooms. The law allowing federal officers to move a case to federal court “is designed to protect legitimate federal authority from state and local interference, not to afford a federal forum to individuals who blatantly sought to misuse the weight of federal authority to interfere with matters of state control,” prosecutors wrote.
Persons: Mark Meadows, Jeffrey Clark, Fani Willis, Clark, Donald Trump, Joe Biden's, Steve Jones, Meadows, Trump, Jones, he’s, of Georgia ”, Brian Kemp, ” Clark, , Willis, , Richard Donoghue, , Trump's, Jack Smith, Biden Organizations: ATLANTA, , Trump White House, Justice, Trump, U.S, District, Democratic, Justice Department, Georgia Gov, Fulton County Superior Court, State, U.S . Department of Justice, Prosecutors, Department Locations: Georgia, Fulton County, Meadows, Democratic Fulton County, of Georgia, United States, Virginia
Flexport CEO Ryan Petersen takes part at the panel discussion "Trade: Now what?" Revolution connects more than 20 Flexport services including freight services, supply chain financing, customs paperwork and product storage, fulfillment and replenishment in a single place. Petersen credited Clark with creating the products for Flexport, but said the company lost focus on customers and expenses during his year as CEO. Flexport released several of Clark's hires but said Parisa Sadrzadeh, who helped build Amazon's delivery network, remains at Flexport overseeing small business products. Flexport bought Shopify's logistics business, including e-commerce fulfillment provider Deliverr, earlier this year.
Persons: Ryan Petersen, Arnd, Sellers, Petersen, Dave Clark, Clark, Flexport, Parisa Sadrzadeh, Shopify, Lisa Baertlein, Lincoln Organizations: REUTERS, Logistics, Walmart, HK, Thomson Locations: Davos, Switzerland, San Francisco, China, Flexport, Los Angeles
Ryan Petersen, chief executive officer of Flexport, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Wednesday, May 4, 2022. In a post on X, formerly known as Twitter, Petersen wrote that the company "can't just give out cash." In reclaiming the top position at Flexport, Petersen is displacing his handpicked successor, former Amazon executive Dave Clark, a little more than a year into his tenure. It's messed up," Petersen wrote. "We were on it," Petersen wrote in response to a post.
Persons: Ryan Petersen, Petersen, Dave Clark, It's, that's, Andreessen Horowitz, Peter Thiel's, Clark, Teresa Carlson, Clark's, Carlson, Flexport didn't Organizations: Milken Institute Global Conference, Twitter, Amazon, Fund, Microsoft, Flexport Locations: Beverly Hills , California, U.S, Flexport, Bay, CNBC's, Seattle, Dallas, San Francisco , Los Angeles, New York
Flexport CEO Ryan Petersen announced on X that the company was rescinding dozens of job offers. The rescinded job offers come after Petersen reclaimed his role as CEO on Wednesday. On Wednesday, former Flexport CEO Dave Clark announced he was leaving the company less than a year after departing from his role as CEO of Amazon's consumer business to join Flexport. AdvertisementAdvertisement"It's clear that important changes are needed to sustain our growth and return to profitability," Petersen wrote. Petersen, Clark, and a spokesperson for Flexport did not immediately respond to a request for comment.
Persons: Ryan Petersen, Petersen, Steve Jobs, Dave Clark, Clark, FreightWaves, Insider's Eugene Kim, Madeline Stone, he'd, Flexport Organizations: Service, Flexport, Flexport's, Wall Street Locations: Wall, Silicon
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