Kentucky news

• Baptist Healthcare CEO Hanson leaving, effective immediately

  21-03-2017 20:14 via feeds.bizjournals.com
  Baptist Healthcare System Inc. CEO Steve Hanson is leaving the Louisville-based organization, effective immediately.In announcing the departure in a news release, Baptist Healthcare did not say why he is leaving the hospital and health care organization.Baptist Healthcare public relations manager Kit Fullenlove said in an interview that the company doesn't comment on the nature of employee departures.According to the release Hanson, 65, was the CEO for Baptist Healthcare since March 2013.The&hel
  
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• Mentoring Monday: Louisville's professional women dish on their mentors

  21-03-2017 18:22 via feeds.bizjournals.com
  Louisville has women in top positions across the area, in every line of work.And those ladies are ready to share their experiences and expertise with others.Nearly 40 influential women from the Louisville area will serve as mentors this year at Business First's annual Bizwomen Mentoring Monday event. Mentoring Monday will be from 8 to 10 a.m. April 3 at The Olmsted.The breakfast is a networking event that gives attendees a chance to connect with female mentors and to get a quick mentoring sessio
  
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• Manufacturer to invest millions in Louisville plant upgrades

  21-03-2017 18:10 via feeds.bizjournals.com
  A chemical manufacturer plans to pump millions into its Louisville plant for a new product line.Switzerland-based Zeochem LLC has started on the creation of a new production line at its manufacturing plant on 12th Street, near Ormsby Avenue.Robert Gray, president of Zeochem, said there are no plans to increase the physical dimensions of the plant, which the company owns. But the company will replace old equipment with a new production line for its adsorbent materials, which are used in the produ
  
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• $9M East End condo complex construction rebounds from decade-long 'grind'

  21-03-2017 18:03 via feeds.bizjournals.com
  David Elder Jr. expected his 72-unit condominium complex off Six Mile Lane in the Jeffersontown area would be constructed within two years. Three tops.That was 2006, though, and his plans were thwarted by a housing market crash that left no appetite for condos or home-buying in general."It's been a grind," Elder, president of Louisville-based Redlee Construction & Development Inc., said during an interview Tuesday.Perseverance has paid off for the firm. While a few buildings were constructed
  
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• See photos from our 2017 Second Act awards breakfast (SLIDESHOW)

  21-03-2017 16:57 via feeds.bizjournals.com
  It’s never too late to chart a new career course — and this morning, Business First celebrated 19 Louisville-area professionals who’ve proven just that.In the slideshow above, you can see dozens of photos from our inaugural Second Act awards breakfast at The Henry Clay. The Second Act program recognizes workforce veterans who’ve made a successful transition from their first career to a second one later in life.Among the honorees is a man who left his job as a brokerage ma
  
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• Where Opportunity Knox's executive director departs

  21-03-2017 16:40 via feeds.bizjournals.com
  A regional workforce program that helps transitioning veterans find jobs in the private sector has named an interim director to replace its leader.Ann Reiter has departed as director of Where Opportunity Knox, which was created as a regional initiative to connect 10,000 transitioning veterans and/or military spouses to jobs in the Louisville region by the end of this year.Ceci Conway, a spokeswoman for Where Opportunity Knox, confirmed Reiter's departure after Louisville Business First inquired&
  
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• Yum names new president for its KFC U.S. division

  21-03-2017 15:54 via feeds.bizjournals.com
  Yum Brands Inc. has a new president of its KFC U.S. division.The Louisville-based restaurant giant has promoted Kevin Hochman to the position. He also has been named chief concept officer for the brand. In that post, he will assume responsibility for driving overall KFC brand strategy and performance of the business in the U.S.Hochman joined KFC U.S. as chief marketing office more than three years ago, according to a news release. He will report to Roger Eaton, CEO of KFC Global.He replaces&hell
  
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• AT&T CFO on learning of Time Warner deal: ‘I earned my greys’

  21-03-2017 15:22 via feeds.bizjournals.com
  It’s no secret that AT&T’s (NYSE: T) $85.4-billion play to acquire Time Warner, Inc. (NYSE: TWX) represented a significant leap of faith amongst its leadership.But the financial realities of the deal might have put Chief Financial Officer John Stephens in the most precarious spot of all. To complete it, AT&T would have to add around $60 billion to its $119 billion of net debt.“$180 billion worth of debt is a lot of debt, and I’ve earned my greys,” he said. &
  
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• Target unveils design for split-personality store concept (slideshow)

  21-03-2017 14:19 via feeds.bizjournals.com
  Target Corp. released design elements for some of its future stores and remodeled locations on Monday. The stores will have two entrances, one for convenient quick trips and the other to browse Target's brands.The new concept's prototype is scheduled to open in the Houston suburb of Richmond this October. The new 124,000-square-foot store will have two entrances, one keyed toward lifestyle shopping, for items such as apparel, accessories and housewares, as well a Starbucks Coffee shop. The other
  
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• Forbes' new billionaires list is out — and Kentucky has two

  21-03-2017 12:27 via feeds.bizjournals.com
  Forbes has released its 2017 report on "The World's Billionaires," and Kentucky has two people on the list.At No. 717 on the list is B. Wayne Hughes of Lexington, with net worth of $2.8 billion. He's a co-founder of Public Storage and owner of Spendthrift Farm. He also was an usher at O.J. Simpson's wedding to Nicole Brown, according to the report.And Louisville's own John Schnatter comes in at No. 1,940, with a net worth of $1 billion. Schnatter, of course, is the founder of Papa John's Interna
  
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