Advantage Solutions appoints George Johnson as chief workforce operations officer to enhance workforce strategy and talent deployment.
Quiver AI Summary
Advantage Solutions Inc. has appointed George Johnson as its new chief workforce operations officer, effective December 31, 2024. Johnson will be part of the executive leadership team, reporting to CEO Dave Peacock, and will manage the company's workforce strategy for frontline employees, including talent acquisition and safety initiatives. He brings extensive experience from his previous roles at Sysco Corp. and Aramark, where he successfully led operational improvements. Peacock expressed enthusiasm for Johnson's arrival, emphasizing his potential to enhance field efficiency and teammate retention. Johnson, a graduate of Lamar University, is eager to support and elevate the experience of Advantage's 70,000 employees.
Potential Positives
- Appointment of George Johnson as chief workforce operations officer demonstrates the company's commitment to enhancing talent acquisition and workforce strategy.
- Johnson's extensive experience in leadership roles at Sysco and Aramark positions him to drive strong field execution and operational efficiency, potentially leading to improved performance.
- The creation of a new executive position reflects Advantage Solutions' proactive approach to workforce management and its focus on employee experience and retention.
- Welcoming Johnson to the team indicates a strategic focus on enhancing the experience of frontline workers, which can contribute to overall business success and employee satisfaction.
Potential Negatives
- The announcement of a new chief workforce operations officer may indicate existing challenges in workforce management or talent retention that the company aims to address.
- The creation of a new executive position suggests that there may have been previous deficiencies in workforce strategy and operations that needed to be formally acknowledged and improved upon.
FAQ
Who is the new chief workforce operations officer at Advantage Solutions?
The new chief workforce operations officer at Advantage Solutions is George Johnson, effective Dec. 31, 2024.
What are George Johnson's main responsibilities?
Johnson will oversee workforce strategy for frontline workers, including talent acquisition, workforce enablement, and safety.
What experience does George Johnson bring to Advantage Solutions?
Johnson has decades of experience in strategic operations, previously serving in leadership roles at Sysco Corp., Aramark, and Aramark Healthcare.
What is Advantage Solutions' mission?
Advantage Solutions aims to connect consumer-packaged goods brands and retailers, enhancing commerce through data-driven insights and technology-powered services.
How can I learn more about Advantage Solutions?
More information about Advantage Solutions can be found on their website at YourADV.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ADV Insider Trading Activity
$ADV insiders have traded $ADV stock on the open market 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ADV stock by insiders over the last 6 months:
- ANDREA YOUNG (COO, Experiential Services) sold 66,000 shares.
- DAVID A PEACOCK (Chief Executive Officer) has traded it 3 times. They made 3 purchases, buying 50,000 shares and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ADV Hedge Fund Activity
We have seen 58 institutional investors add shares of $ADV stock to their portfolio, and 43 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CVC MANAGEMENT HOLDINGS II LTD. removed 66,320,235 shares (-81.3%) from their portfolio in Q3 2024
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 2,403,128 shares (+18.1%) to their portfolio in Q3 2024
- CASTLEKNIGHT MANAGEMENT LP removed 1,100,557 shares (-31.2%) from their portfolio in Q3 2024
- DIMENSIONAL FUND ADVISORS LP added 798,149 shares (+23.4%) to their portfolio in Q3 2024
- VANGUARD GROUP INC removed 640,596 shares (-24.0%) from their portfolio in Q3 2024
- HRT FINANCIAL LP removed 573,262 shares (-100.0%) from their portfolio in Q3 2024
- GEODE CAPITAL MANAGEMENT, LLC removed 501,475 shares (-18.9%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ST. LOUIS, Dec. 30, 2024 (GLOBE NEWSWIRE) --
Advantage Solutions Inc.
(NASDAQ: ADV), a leading provider of business solutions to consumer goods manufacturers and retailers, today announced the appointment of George Johnson as chief workforce operations officer, effective Dec. 31. Johnson will join the company’s executive leadership team and report to CEO Dave Peacock.
In the newly created position, Johnson will oversee all aspects of Advantage’s workforce strategy for frontline workers, including talent acquisition, workforce enablement and safety. In the role, he will lead Advantage’s efforts to enhance how the company assigns and deploys talent in the 100,000+ retail stores it serves each year.
“We are excited to welcome George to our team,” Peacock said. “George’s expertise will be instrumental in driving strong field execution and efficiency as Advantage continues our ongoing journey to accelerate future growth. He brings decades of experience working with frontline leaders to drive effectiveness, and he will be invaluable in our efforts to enhance our teammate experience and drive improved retention.”
A proven strategic operations leader, Johnson joins Advantage after spending two years in key leadership roles at Sysco Corp., where he most recently served as president of the company’s Carolinas region. He also held leadership roles of increasing responsibility at Aramark and Aramark Healthcare, where as vice president of operations, he led several successful initiatives that significantly improved operational performance and teammate satisfaction.
“I look forward to joining a company on an upward trajectory that stands behind a meaningful mission and purpose,” Johnson said. “Most of all, I am energized to join 70,000 amazing teammates who play such an essential role getting food, household and personal care products into the hands and homes of shoppers everywhere.
“Helping enhance the experience of our frontline teammates is the ultimate honor and responsibility for me,” he continued. “When teammates feel respected and connected, there are no limits to what we can accomplish together.”
Johnson is a Brooklyn, New York, native. He graduated from Lamar University.
About Advantage Solutions
Advantage Solutions is the leading omnichannel retail solutions agency in North America, uniquely positioned at the intersection of consumer-packaged goods (CPG) brands and retailers. With its data- and technology-powered services, Advantage leverages its unparalleled insights, expertise and scale to help brands and retailers of all sizes generate demand and get products into the hands of consumers, wherever they shop. Whether it’s creating meaningful moments and experiences in-store and online, optimizing assortment and merchandising, or accelerating e-commerce and digital capabilities, Advantage is the trusted partner that keeps commerce and life moving. Advantage has offices throughout North America and strategic investments and owned operations in select international markets. For more information, please visit YourADV.com.
Investor Contact:
Ruben Mella
investors@youradv.com
Media Contact:
Peter Frost
press@youradv.com
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