TC Transcontinental announces the appointment of Eric Morisset as Chief Development Officer effective today, December 1, 2020. Based in Montréal, Mr. Morisset will report to François Olivier, President and Chief Executive Officer of TC Transcontinental, and will be part of the Executive Management Committee. Since 2018, the role of Corporate Development Officer had been held by Sam Bendavid, who was appointed earlier this year as Senior Vice President, TC Transcontinental Advanced Coatings and Procurement within TC Transcontinental Packaging. Mr. Morisset will be responsible for the Corporation’s M&A strategy and all aspects of acquisitions, divestitures and partnerships, as well as for overseeing company strategy. “We are extremely pleased to welcome Eric Morisset as Chief Development Officer at a time when, with our solid financial situation, we are well positioned to pursue growth opportunities through strategic, targeted acquisitions,” said François Olivier, President and Chief Executive Officer of TC Transcontinental. “Passionate about building and growing businesses, Eric is an accomplished senior executive who comes to us with a stellar background and extensive M&A and capital markets experience.”
R.R. Donnelley & Sons Company (RRD) (NYSE: RRD), a leading global provider of marketing and business communications, was recognized by Hormel Foods Corporation (NYSE: HRL) with a 2020 Spirit of Excellence Award, celebrating RRD’s outstanding labeling work for the global branded food company.
“It’s an honor to be recognized by Hormel Foods as one of their top business partners throughout a very trying year,” said Lisa Pruett, President of RRD Packaging Solutions, Forms and Labels. “We are proud to be a dependable supplier to Hormel Foods, servicing the company with high-quality labels with no out of stock SKUs last year — a distinguished accomplishment in light of the unprecedented material shortages and supply chain challenges.”
RRD has been working with Hormel Foods for more than 20 years, producing more than 250 million labels annually that are used across the company’s product portfolio at upwards of 20 plant locations. RRD primarily manages the labels used in the branded food company’s operational units.
“We were pleased to recognize RRD’s exceptional work with the 2020 Spirit of Excellence Award,” said Valerie Miller Villafane, Head of Procurement at Hormel Foods. “Our enduring partnership with RRD is a testament to their superior service, attention to detail, and quality products. We look forward to continuing our partnership together to help deliver inspired foods worldwide and achieve key operational results.”
The 2020 Spirit of Excellence Award recognizes suppliers who demonstrated the highest levels of quality, delivery, service and customer support throughout the last year. Honorees touch various areas of the Hormel Foods business, including contractors, pork procurement provisions, ingredients, packaging and transportation, and maintained a minimum supplier rating index score of 92 throughout the 12-month period. The score is determined by a universal measurement system that ensures each supplier is held to the same standards, such as making on-time deliveries and providing high-level customer support. In 2020, 30 suppliers were recognized for their work.