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NEW honors Hershey’s Dave Onorato at NACS

Executive receives NEW’s Hedy Halpert Diversity Award

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Pathmark CEO Scott speaks Jan. 26

Survey says: Gender diversity helps bottom line

Redesigned Job Bank free to NEW members

Dave Onorato vice president, national convenience store sales for Hershey Foods Corporation, has been presented with the Network of Executive Women’s third annual Hedy Halpert Diversity Award for his leadership in the development of diverse work teams in the CPG industry.

A packed room watched as Onorato accepted the award from NEW Executive Director Joan Toth at a spirited reception sponsored by Anheuser-Busch, Hershey Foods, RJR Tobacco Co., and Altadis USA October 18 at the Las Vegas Hard Rock Café during NACS Convention.

Onorato said he was “very proud to recognized in such a way, and to be working for a company that  sets such a wonderful example of diversity and inclusion.” Presenting the Halpert award, Toth noted that that it was named for the late Hedy Halpert, one of NEW’s founders and “a driving leader in the c-store industry who embraced and encouraged diverse work teams."
 
Onorato was nominated for the Award in a letter from colleague Michelle Gloeckler, Hershey’s vice president of customer/category development. Gloeckler wrote that “during Dave’s 20 years with Hershey Foods, his leadership and attention to the development of people are noteworthy. David is a role model in developing people, building a diverse team, encouraging diverse thinking and welcoming diverse ideas.”

The nomination continued by saying that “Dave recognizes that winning results are obtained through motivated individuals who together to understand their role on a larger team. Dave is a first-class teammate, diversity champion and stellar leader within Hershey Foods and the consumer packaged goods industry,” Gloeckler wrote.

Gloeckler’s comments were echoed in a statement from Hershey CEO Richard Lenny, who said, “This award exemplifies your leadership and belief in living the Hershey values. Diversity and inclusion are so very important to all that we do, both internally and externally.”

Onorato was joined by other Hershey executives at the awards presentation, including Gloeckler and Tom Joyce, Hershey’s vice president of Customer & Industry Affairs.

The first Hedy Halpert Award was presented in 2002 to Jim Keyes, CEO of 7-Eleven. Last year the award recognized Michele Hanson, vice president of First Data Corp. and a NEW founder and board member.

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Pathmark CEO Scott speaks Jan. 26

Will address NEW NY metro networking event

One of the retail industry’s top women executives will address NEW members and supporters Wednesday, January 26, at the Network’s New York Metro networking event.

A large crowd is expected as Eileen Scott, chief executive officer of Pathmark Stores, speaks on a wide range of topics at the at the Chart House Restaurant at Pier D-T at Lincoln Harbor in Weehawken, N.J.  The networking event will be held from 5 to 8 p.m.

 “I urge everyone to sign up now for this important event,” said Joan Toth, NEW’s executive director. “We look forward to  a great crowd and hearing from one of our industry’s most influential executives.”

Scott has been on a fast track at Pathmark for the last several years. She was named CEO of Pathmark Stores in October 2002. From November 2001 to October 2002 she was executive vice president, store operations; prior to that she was the supermarket chain’s executive vice president, merchandising and logistics. Scott is also a director of Dollar Tree Stores, Inc.

For more information on NEW events contact Anna N. Duran of NEW member services, 713 888-5305.

Register now

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Survey says: Gender diversity helps bottom line

Fortune 500 study by Catalyst shows link to profits

A survey of 353 Fortune 500 companies by Catalyst links gender diversity in senior management to improved financial performance.

The survey, released earlier this year, “supports the business case for diversity, which asserts companies that recruit, retain and advance women will have a competitive advantage in the global marketplace,” Catalyst said.

“The Bottom Line: Connecting Corporate Performance and Gender Diversity,” was sponsored by BMO Financial Group and used two measures to examine financial performance: Return on Equity (ROE) and Total Return to Shareholders (TRS).

After examining 353 Fortune 500 companies that remained on the list for a least four of the five years between 1996 and 2000, the survey found that the group of companies with the highest representation of women in senior management had a 35 percent higher ROE and a 34 percent higher TRS than companies with the lowest gender diversity.

“Business leaders increasingly request hard data to support the link between gender diversity and corporate performance. This study gives business leaders unquestionable evidence that link does exist,” said Catalyst President Ilene H. Lang. “We controlled for industry and company differences and the conclusion was still the same. Top performing companies have a higher representation of women on their leadership teams.”

Catalyst, headquartered in New York, is a leading research and advisory organization working to advance women in business. For more information on the organization and the survey visit their website.

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Redesigned Job Bank free to NEW members

Find or post a CPG/retail industry job today

The Network of Executive Women’s has refreshed its Job Bank site on NEWonline.org and is reminding all members that they can find and post industry jobs there for free.

"This site is a great place to find the latest CPG/retail jobs and reach the most qualified industry candidates," says Joan Toth, NEW executive director. "And by posting openings on our online Job Bank, employers not only reach the most diverse talent pool in the business, they signal their support for NEW’s mission of leadership diversity in the CPG/retail industry."

NEW members get unlimited searches and postings on the Job Bank at no extra charge with their membership, which also includes Network privileges like member discounts, access to NEW's online member database, invitations to member-only events, and networking and mentoring opportunities. Job searches are also available free to the public.
    
Current members can access Job Bank's unlimited job posting service at no extra charge immediately by entering their user ID and password at the members log in page.

Not a member of the Network? Join today to start receiving all the benefits of membership, including unlimited free postings on the industry’s most prestigious job site, for just $200 a year. Non-members can apply for membership online.

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