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Scot Rank, retiring CEO of Walmart de Mexico and Central America, was appointed chief executive officer of Grupo LALA, succeeding current CEO Arquimedes Celis, who announced his intent to retire after leading the company for the past 14 years.
If a disease outbreak occurs in today’s interconnected global economy, the stakes are higher than usual: Expect lost domestic and international sales, a damaged reputation, and even a hit to the U.S. economy from lost trade and employment.
The familiar admonition is, “Don’t count your chickens until they’re hatched.” Yet the close of Tyson Foods’ fiscal 2007 year gave President and Chief Executive Officer Dick Bond reason to pause and count his company’s blessings.