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Information Services Group Names New CFO - Daily Research News Online


Information Services Group Names New CFO
April 30 2021
US-based global technology research and advisory firm Information Services Group (ISG) has announced that EVP and Chief Financial Officer David Berger is to retire after twelve years with the business. He will be succeeded by Humberto Bert Alfonso on June 7th.
Founded by Chairman and CEO Michael Connors in 2006, and headquartered in Stamford, CT, ISG specializes in digital transformation services, including data analytics; sourcing advisory; change management; market intelligence; and technology research and analysis. The firm employs more than 1,300 professionals operating in more than twenty countries.
Berger (pictured) joined in 2009 after eight years at Nielsen, latterly as SVP, Corporate Controller and Investor Relations. Prior to this he worked for Simon & Schuster and Viacom for nine years, and earlier in senior roles at American National Can Company and Touche Ross & Company (now Deloitte). Berger wil ....

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Hershey Reports First-Quarter 2021 Financial Results; Raises 2021 Net Sales and Earnings Outlook


Appendix I
Details of the charges included in GAAP results, as summarized in the press release (above), are as follows:
Derivative Mark-to-Market (Gains) Losses:  The mark-to-market (gains) losses on commodity derivatives are recorded as unallocated and excluded from adjusted results until such time as the related inventory is sold, at which time the corresponding (gains) losses are reclassified from unallocated to segment income.  Since we often purchase commodity contracts to price inventory requirements in future years, we make this adjustment to facilitate the year-over-year comparison of cost of sales on a basis that matches the derivative gains and losses with the underlying economic exposure being hedged for the period. ....

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Summit of the Americas: 9 key talking points from Day 1


Summit of the Americas: 9 key talking points from Day 1
April 6, 2021
IAADFS Chairman Rene Riedi and Corporacion America Airports CEO & ACI World Chair Martin Eurnekian opened the talks at the 2021 virtual event
The first day of the 2021 Summit of the Americas put the spotlight on challenges for retailers and brands as well as questions over future opportunities and the need for a “Plan B” for travel retail.
Here are some of the key talking points
1. Planning for all eventualities
IAADFS Chairman Rene Riedi opened the event with clear statement for all in attendance: “The crisis is not over yet. The industry is still facing a confluence of uncertainties.” ....

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