Martha Stewart Living names metal exec as CEO
New York — Martha Stewart Living Omnimedia Inc. has named board member Daniel W. Dienst, who most recently served as CEO of Sims Metal Management, as CEO. The position has been vacant since December, when chief executive since Lisa Gersh left the media and merchandising company.
Dienst served as chairman and CEO of Metal Management Ltd. from 2003 to 2008, when it was sold to Sims. He then took the helm at the newly combined company.
“(Dienst) is a highly respected and experienced public company CEO with strong operating and financial discipline and a clear track record of creating significant value for shareholders,” said Martha Stewart, founder and non-executive chairman of the company in a statement.
Meijer’s all-clean diesel fleet reduces carbon footprint by nearly 60%
Grand Rapids, Mich. — Meijer announced that it is now operating one of the largest all-clean diesel fleets in North America. As part of its ongoing green initiatives, the Grand Rapids, Mich.-based retailer’s fleet utilized innovative technology to improve fuel efficiency and reduce its carbon footprint by nearly 60% since it first began implementing the U.S. Environmental Protection Agency’s 2010 near-zero emissions standards three years ago.
"This is an extremely rewarding achievement that truly speaks to our commitment to the environment," said Rick Keyes, executive VP of supply chain operations and manufacturing. "Not only are we integrating cutting-edge technology into our business, we’re also working under the philosophy that to be a good company, we must be a good neighbor."
The Meijer fleet was the first in North America to implement the federal clean emissions standards that feature near-zero emissions technology, and today the retailer’s fleet of 170 semi-trucks meets or exceeds those stringent requirements.
As a result of that commitment, the Meijer fleet realized a:
- 47% reduction in particulate matter;
- 55% reduction in – or 525 U.S. tons of – nitrogen oxide;
- 3% reduction in – or 9,300 U.S. tons of – carbon dioxide; and
- 5% increase in fuel economy, saving 105,570 gallons of fuel each year. In 5 years, that equals a savings of 527,850 gallons of fuel – or 52,785 barrels of oil.
In fact, it takes 47 of the new 2010 compliant trucks to equal the same emissions as one of the older trucks they replaced, said David Hoover, director of outbound logistics.
"I’m very pleased to say that Meijer is able to cut that down and continue to be environmentally conscious," Hoover said. "The impact is tremendous because the Meijer fleet makes deliveries to our stores 26 times each week."
The Meijer fleet is comprised of 170 Freightliner Cascadia trucks that are equipped with new fuel efficient, reduced-emissions engines. They feature selective catalytic reduction (SCR) technology that treats nitrogen oxides emissions downstream in the exhaust so the engine can be tuned to run more efficiently and economically. SCR technology consists of an after-treatment catalyst system that allows engine exhaust to be treated with a non-hazardous fluid known as diesel exhaust fluid (DEF) that reduces harmful nitrogen oxides into simple nitrogen and water.
Click here to view a video highlighting the Meijer fleet’s achievement in clean technology.
Report: Publishing exec leaves Amazon
New York – Larry Kirshbaum, a publishing industry executive who joined Amazon.com’s New York-based publishing unit in 2011, is reportedly leaving the company to become a literary agent. According to the Associated Press, Kirshbaum, who formerly was in charge of the Time Warner Book Group will officially leave his position in January 2014.
The Associated Press quoted an Amazon.com spokesperson as saying the company will continue efforts to grow its New York publishing office and create new publishing imprints. Barnes & Noble, among other major competing booksellers, does not stock books published by Amazon.com, which reportedly impeded Kirshbaum’s ability to sign authors.