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Case Study Of Grace Kennedy Foods

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This strategic plan has been developed by the Sixers Consultant Agency group in order to provide a road map for supports, services and organization development to the management of Grace Kennedy Foods over the next Five (5) years (Hansen, 2008). The Board of Directors, Managers and staff will meet quarterly as it relates to the progress of the relevant divisions and provide reviews and update the plan annually (Ecdus.org, n.d.). Background statement/history Grace Kennedy Limited a parent company of Grace Kennedy Foods started in Jamaica in 1922 (Shaw, 2015). According to Michael Ranglin CEO of GraceKennedy Foods – North America and CEO and president of GraceKennedy Foods (USA) stated that “W.R. Grace, an American and Fred W. Kennedy, a Jamaican, …show more content…

In addition, the company has expanded into the U.S., Canada, the U.K., Europe and recently, Africa (Shaw, 2015). Furthermore, Grace Foods has emerged and implement an online shopping, the gracefoods.com. This is a partnership between GraceKennedy and EDIASPORA LLC (Shaw, 2015). Raglin further pointed out that Grace Kennedy purchased a Hispanic food company, La Fe of July 2014. The areas of specialties are frozen fruits, vegetables and traditional meal solutions and of course the US expansion has been successful because Grace Foods cater to the needs and wants of its customers (Shaw, 2015). According to the 2014 Grace Kennedy Annual Report the performance of the Jamaica Foods division was satisfactory despite the challenges; while revenue increases profits decline due to the depreciation of the Jamaican currency (Grace Kennedy.com, …show more content…

Shirley, OJ -Chairman, GraceKennedy Limited. Chairman, President and Chief Executive Officer of the Port Authority of Jamaica. Chair of GraceKennedy’s Compensation, Sub-Committee and Member of GraceKennedy’s Corporate Governance & Nomination Committee. Donald G. Wehby - GraceKennedy Group Chief Executive Officer. Courtney O. St. A. Campbell - JP Chief Executive Officer, GraceKennedy Financial Group Division. Mary Anne V. Chambers, O.Ont - Retired bank Executive, former Ontario Cabinet Minister (Canada) a member of GraceKennedy’s Audit Committee and Corporate Governance & Nomination Committee. Joseph P. Esau - Consultant on new project financing and mergers and acquisitions, a member Corporate Governance & Nomination Committee. Frank A. R. James - GraceKennedy Group Chief Financial Officer, a member GraceKennedy’s Audit Committee and Corporate Governance. Everton L. McDonald - Financial Consultant. Chairman of GraceKennedy’s Audit Committee, a member of the Corporate Governance & Nomination Committee. Gina M. Philipps - Black Attorney-at-law and partner in the law firm, Myers Fletcher & Gordon. Chair of GraceKennedy’s Corporate Governance & Nomination Committee. Michael K.A. Ranglin - Chief Executive Officer, GK Foods Division. Douglas R. Orane, CD, JP - Retired Company Executive, member of GraceKennedy’s Corporate Governance & Nomination Committee,

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