Acosta said Nov. 8 that it has reached terms with more than 70 percent of its lenders and more than 80 percent of its noteholders as a precursor to its prepackaged Chapter 11 filing. The Jacksonville, Florida-based sales and marketing agency said the plan will eliminate all of its approximately $3 billion of long-term debt. […]
Tag: sales & marketing agency
Posted in, Home Page Latest News, Northeast
JOH To Undergo Major Leadership Changes At The Top
JOH, a major independent regional broker based in Billerica, Massachusetts, has announced a significant reorganization of its corporate leadership. Effective Sept. 1, Chip O’Hare will take on chairman emeritus status; John Saidnawey will be promoted to chairman and CEO; and Matt O’Hare, Chip’s son, will become president and COO. JOH was founded in 1956 by […]
Posted in, Executive News, Home Page Latest News, Marketing News, National
Acosta Appoints Matthesen President And CEO
Acosta has named Steve Matthesen president and CEO, effective Sept. 6. Matthesen succeeds current President and CEO Robert Hill, who will become vice chair of the board of directors, also effective Sept. 6, and will continue to work with Acosta’s clients and customers in this new role. Hill has been with the company and industry […]