Ratings could also be downgraded if liquidity deteriorates or if acquisition activity causes deterioration in cash flow or credit metrics. Add Benefits. To the extent permitted by law, MOODY'S and its directors, officers, employees, agents, representatives, licensors and suppliers disclaim liability for any direct or compensatory losses or damages caused to any person or entity, including but not limited to by any negligence (but excluding fraud, willful misconduct or any other type of liability that, for the avoidance of doubt, by law cannot be excluded) on the part of, or any contingency within or beyond the control of, MOODY'S or any of its directors, officers, employees, agents, representatives, licensors or suppliers, arising from or in connection with the information contained herein or the use of or inability to use any such information. MOODY'S CREDIT RATINGS,ASSESSMENTS, OTHER OPINIONS, AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS AND IT WOULD BE RECKLESS AND INAPPROPRIATE FOR RETAIL INVESTORS TO USE MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS OR PUBLICATIONS WHEN MAKING AN INVESTMENT DECISION. Timothy Wiggins, Chief Financial Officer These ratings are solicited. 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. KeHE has an immediate opportunity for a strategic Human Resources Leader to join our high performing Human Resources team as a Senior Director, reporting to our National VP of HR for Operations. Partner, Alena Bnyaiov is one of the top experts in dispute settlement in the Czech Republic and is repeatedly recommended as such by independent publications such as Legal 500 or Chambers Global. endstream endobj startxref "The increase in the top line and earnings will result in debt/EBITDA below 3.0x in the next 12 months and the upgrade also acknowledges Moody's expectation that KeHE will be able to maintain this improvement in credit metrics even after more normalized consumer shopping patterns return", Chadha further stated. We're KeHE Distributors, one of the oldest and most respected natural foods distributors in the industry. Find new opportunities near you. 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. Freight & Logistics Services, Transportation, 1245 E Diehl Rd Ste 200, Naperville, Illinois, 60563, United States. Areas of practice:UEPAs main practice areas include: corporate and M&A, commercial, employment, real estate and construction, litigation and arbitration, compliance, banking and finance, renewable energies, IP and data protection (GDPR) and public procurement law. (business & personal). Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com. MOODY'S adopts all necessary measures so that the information it uses in assigning a credit rating is of sufficient quality and from sources MOODY'S considers to be reliable including, when appropriate, independent third-party sources. Virtual in KeHE CONNECT| June 7 21, 2023, In-Person Chicago, IL | June 14 15, 2023. An opportunity to participate in employee engagement activities on a voluntary basis based on individual preference. Glassdoor gives you an inside look at what it's like to work at KeHE Distributors, including salaries, reviews, office photos, and more. (1973), Law Faculty of the Charles University, Prague: Mgr. Verify KeHE Employees. ("MJKK") is a wholly-owned credit rating agency subsidiary of Moody's Group Japan G.K., which is wholly-owned by Moody's Overseas Holdings Inc., a wholly-owned subsidiary of MCO. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG, Future Lawyers the students guide to law firms, The Legal 500 Private Practice Powerlists, Czech Republic > Real estate and construction. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com. There are currently sixteen members based out of the KeHE corporate office. Advising mdexx on cross-border posting of expert employees and trade union negotiations. The largest publicly traded grocery . Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating. 3.0. 125 0 obj <>stream s3 j'5B Passionate about working for an organization committed to good service, good food, & good living? Results 1 - 25 of 3212 KeHE Distributors corporate office is located in 1245 E Diehl Rd Ste 200, Naperville, Illinois, 60563, United States and has 3,212 KeHE Distributors Pay & Benefits reviews - Indeed The vision of Johnson & Johnson Global Services is "to be trusted business partners who . 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. Ratings could be upgraded if the company reduces its customer concentration with a more diversified and continued high quality customer base and demonstrates sustained growth in sales, and profitability with good liquidity. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity. Possibilities for further personal as well as professional development. Advised BMK on potential measures to cope with the economic effects of Covid-19 on employers, including the complexities of short-term work and mass dismissals under Czech law. Our technological resources are up-to-date and include virtual data room management as well as electronic invoicing or modern video, as well as conference communication systems. Diversity, Equity & Inclusion at Johnson & Johnson means You Belong! I am listed at several foreign courts of arbitration and I am constantly involved in cases, as arbitrator, mediator or as client representative. Change location. We invest a lot in our website (www.uepa.cz) and update it at least once a week. Equal Employment Opportunity PostersandGINA Supplement.If you are an individual with a disability please check ourDisability Assistancepage for information on how to request an accommodation.This site is governed solely by applicable U.S. laws and governmental regulations. MCO and Moody's investors Service also maintain policies and procedures to address the independence of Moody's Investors Service credit ratings and credit rating processes. Moody's general principles for assessing environmental, social and governance (ESG) risks in our credit analysis can be found at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1133569. section and the most recent SEC Filings in the. This role will support Warehouse and Transportation teams across our Central US region and lead a team of 10-12 HR . FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS. UEPA has since grown from three to 25 lawyers and since 2018 has three partners. Todays KeHE is an employee- owned company. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. 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. UEPA also advises on Czech trusts, which are basically an asset protection vehicle. (1988), Law Faculty of the Charles University, Prague: JUDr. 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. With so much going on, you need the freedom to focus on what matters most running your business. Check all of our locations and find and apply for a KeHE Distributors job near you. Even prior to the coronavirus pandemic, the company's sales volumes and earnings were demonstrating good growth as the specialty food industry is the highest growth category in overall grocery sales. Additional terms for Japan only: Moody's Japan K.K. Do Not Sell or Share My Personal InformationLimit the Use of My Personal Information, Johnson & Johnson Global Services, the global shared services organization supporting the businesses of Johnson & Johnson, performs select functional work in a consistent manner across regions and sectors using simplified, standardized end-to-end processes and state-of-the-art technology. Therefore, credit ratings assigned by MSFJ are Non-NRSRO Credit Ratings. All that for a competitive flat rate, helping our clients to save money and focus on their core businesses. Kehe Corporate Office Headquarters Address: 900 N. Schmidt Rd. Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review. Martin is coordinating lawyers in different countries working on deals with us. At leadership level, Lucie Dolansk Bnyaiov, Lucie Orulov, and Alena Bnyaiov are the names to note. It is classified as operating in the Grocery Wholesalers industry.Apr 19, 2021. The outlook is stable. Ratings could be downgraded if operating performance deteriorates such that debt/EBITDA is sustained above 3.0x and EBITA/interest approaches 2.25 times. 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. Please see ourPrivacy Policy. You are using Internet Explorer which is outdated and no longer supported by this website. Mar 6, 2017. 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 Ba3-PD from B1 and B1-PD respectively. 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. Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating. ("MSFJ") is a wholly-owned credit rating agency subsidiary of MJKK. It is classified as operating in the Grocery Wholesalers industry.Apr 19, 2021 . The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. In Canada, KeHE services grocery supermarket chain retailers, independent grocery retailers, club stores and foodservice retailers. AND/OR ITS CREDIT RATINGS AFFILIATES ARE MOODY'S CURRENT OPINIONS OF THE RELATIVE FUTURE CREDIT RISK OF ENTITIES, CREDIT COMMITMENTS, OR DEBT OR DEBT-LIKE SECURITIES, AND MATERIALS, PRODUCTS, SERVICES AND INFORMATION PUBLISHED BY MOODY'S (COLLECTIVELY, "PUBLICATIONS") MAY INCLUDE SUCH CURRENT OPINIONS. UEPA always has been good in seeing trends on the market. Larry Hartley, EVP, Warehouse Operations Get tailored job recommendations based on your interests. Our clients appreciate that we discuss strategies with them and also have a transparent fee structure. Represented the owners of a family-held real estate portfolio against a commercial tenant in two separate premises in an industrial complex in Prague. 1245 E. Diehl Rd. English is the official language of our company. Why Work For KeHE. Another growing part of our business is the hotel and leisure industry. Headquartered in Naperville, Illinois, KeHE was founded in 1953 by Art Kehe, an entrepreneur who started the business delivering food to retailers in the Midwest. IF IN DOUBT YOU SHOULD CONTACT YOUR FINANCIAL OR OTHER PROFESSIONAL ADVISER. Such multinational transactions require strict management. At these occasions we carefully study the lists of registered participants and offer personal introductions. The employee data is based on information from people who have self-reported their past or current employments at KeHE. 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. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG, Future Lawyers the students guide to law firms, The Legal 500 Private Practice Powerlists. We know that the success of our business depends on having the best talent in a workforce that reflects the diverse markets we serve around the world and an inclusive culture that values different perspectives and life experiences. %PDF-1.6 % Our clients benefit from our excellent network in the entire CEE region. 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. Rating Action: Moody's upgrades KeHE's CFR to Ba3. Available to US-based employees. 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. Another new product, also coming to the market in 2018, is our so called HR-core project. Many of our clients are active in the Slovakian market as well. Rusty Bland, SVP, People Engagement & Servin, Kehe Corporate Office Headquarters Address: 900 N. Schmidt Rd. An opportunity to be part of a global market leader. Contact Uswith any questions or search this site for more information. We were founded in 1953 and converted into an employee-owned company in 2001, we are a state-of-the-art organization of 4,500 employee-owners and a vast 17 distribution center network across the U.S. and Canada. Quantitatively, ratings could be upgraded if debt/EBITDA is sustained below 2.5 times and EBITA/interest expense is sustained above 3.5 times. CREDIT RATINGS DO NOT ADDRESS ANY OTHER RISK, INCLUDING BUT NOT LIMITED TO: LIQUIDITY RISK, MARKET VALUE RISK, OR PRICE VOLATILITY. This field is for validation purposes and should be left unchanged. Lorem ipsum dolor sit, amet consectetur adipisicing elit. At KeHE Distributors, we're all about goodness. 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 Employer and employee contributions to the communities we serve to promote a greater understanding and respect for the diversity. Our webpage and also our excellent office facilities helped us in gaining new clients. This document is intended to be provided only to "wholesale clients" within the meaning of section 761G of the Corporations Act 2001. And partner with grocery stores, supermarkets, natural retailers, online eCommerce dropshippers to access a curated assortment of innovative products via a one-truck delivery. Looking for a particular KeHE Distributors employee's phone or email? Brandon Barnholt, President & Chief Executive Officer Gene Carter, Chief Operating Officer Glendale, Arizona, United States 247 followers 237 connections Join to view profile Kehe Dist. NO WARRANTY, EXPRESS OR IMPLIED, AS TO THE ACCURACY, TIMELINESS, COMPLETENESS, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OF ANY CREDIT RATING, ASSESSMENT, OTHER OPINION OR INFORMATION IS GIVEN OR MADE BY MOODY'S IN ANY FORM OR MANNER WHATSOEVER. 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. KeHE Distributors LLC (KeHE) distributes natural & organic, specialty and fresh products to retailers across the U.S. and Canada. Work at Edward Hospital & Health Services, Edward Hospital & Health Services Employment, Naperville School District 203 Employment. Arbitration and ADR form another growing practice area of UEPA. I am optimistic to achieve a further growth, but more importantly UEPA will maintain its high-quality practice and builds upon its excellent reputation. Brad Helmer, SVP, Marketing and Business Development Jennifer Ricks, SVP, People Operations . by cooperating closely with other law firms. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of this methodology. Advised KiK on its obligations and claims as an employer under the special measures and legislation passed by the Czech and Slovak governments in light of the Covid-19 pandemic. > 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. Contract: full time, maternity cover contract. Email Address * Phone Number * Company Name Message * If you have a question about a job opening or recent interview, please visit our Careers website! Work/life balance through flexible work schedules to accommodate employees varying needs. 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. We are very responsive and react fast to our clients needs, even if this can be very demanding at times for our team. Your use of the information on this site is subject to the terms of ourLegal Notice. We help natural & organic, specialty and fresh brands and products get onto retail shelves and online. Johnson & Johnson Global Services, the global shared services organization supporting the businesses of Johnson & Johnson, performs select functional work in a consistent manner across regions and sectors using simplified, standardized end-to-end processes and state-of-the-art technology. Search over 700 1245 E Diehl Rd Suite 200, Naperville, IL 60563. UEPA has the largest German-speaking team on the Czech legal market and provides legal services in Czech, Slovak, English, German, Polish and French. All rights reserved. MOODY'S CREDIT RATINGS, ASSESSMENTS, OTHER OPINIONS AND PUBLICATIONS DO NOT COMMENT ON THE SUITABILITY OF AN INVESTMENT FOR ANY PARTICULAR INVESTOR. There are currently sixteen members based out of the KeHE corporate office. Because of the possibility of human or mechanical error as well as other factors, however, all information contained herein is provided "AS IS" without warranty of any kind. Moody's expects the demand for food at home will moderate in 2022 as coronavirus related restrictions gradually ease and consumer spending patterns normalize. We offer together with an accounting partner a complete outsourcing of payroll accounting and labour law housekeeping. Profit dollars have improved as the company has controlled expenses while growing the topline through increased volume from existing and new customers. Romeoville, IL 60446-4056 Email: n/a Corporate Phone Number: 1-630-343-0000 Fax Number: 1-815-886-1111 Customer Service Number: 1-630-343-0000, Copyright United Local Grocers of Association |. Read More As that clientele dwindled, it pivoted to major grocery chains like Albertson's and Kroger. However, it is a relatively small player in the overall food distribution business segment and could be vulnerable if larger broadline food distributors enter its niche market. We are currently building a sophisticated online training system for clients and their staff with our IT partner, which not only covers GDPR topics, but also other legal matters. We believe in crazy GOOD partnerships that put our vast knowledge, resources and tools to work for you on the shelf and online.