Tag: Ken

New Tesco CEO Ken Murphy promises low prices and no strategy change

Tesco CEO Ken Murphy on his first day in the job. Photo: Tesco/Ben Stevens/Parsons Media
Tesco CEO Ken Murphy on his first day in the job. Photo: Tesco/Ben Stevens/Parsons Media

New Tesco (TSCO.L) chief executive Ken Murphy has parked his tanks on the lawn of Aldi and Lidl, promising to go toe-to-toe with the German discounters on low prices.

In his first media call with journalists since taking the top job, Murphy vowed to keep Tesco’s prices competitive with rivals as the UK faces a historic recession and the threat of a possible no deal Brexit.

“We are committed to providing value regardless of the circumstances,” Murphy said on Wednesday. “Particularly if we head into a recession — if times get tough — we will be even more focused on value.”

READ MORE: ‘Unknown’ new Tesco CEO must battle Brexit, German discounters, and changing tastes

Tesco launched an “Aldi Price Match” guarantee in March and said on Wednesday that it had begun to win customers

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Billionaire Ken Griffin drops extra $26.7M against Pritzker’s graduated-rate income tax amendment proposal. His total stands at more than $46.7M

Ken Griffin, the billionaire founder and CEO of the Chicago-based Citadel hedge fund and investment firm, put another $26.7 million into the campaign against billionaire Democratic Gov. J.B. Pritzker’s ballot proposal to shift the state from a flat-rate income tax to a graduated tax with rates that increase with income.



Ken Griffin wearing a suit and tie standing in front of a building: Ken Griffin, the founder and CEO of Citadel, in 2014.


© E. Jason Wambsgans/Chicago Tribune/TNS/Chicago Tribune/TNS
Ken Griffin, the founder and CEO of Citadel, in 2014.

With Griffin’s latest investment, he has now given $46.75 million of the approximately $48.1 million million that has been received by the Coalition to Stop the Proposed Tax Hike Amendment. In August, Griffin gave the group $20 million.

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Griffin and Pritzker are the main funding sources of the campaigns for and against the proposal asking voters to change the state’s constitution to replace Illinois’ current flat-rate income tax with a graduated-rate tax. Pritzker, an heir to the Hyatt Hotel fortune, has given

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Ford CTO Dr. Ken Washington to Discuss Ford’s Technology Strategy at Evercore New Mobility & AI Forum on Sept. 22

DEARBORN, Mich.–(BUSINESS WIRE)–
Dr. Ken Washington, chief technology officer, Ford Motor Company, is scheduled to speak at the Evercore ISI New Mobility & AI Forum on Sept. 22.

Washington will answer questions on how Ford is future-proofing its vehicle technologies in a time of unprecedented change in mobility and connectivity.

The session is scheduled to begin at 9 a.m. EDT and can be viewed at this webcast link. Additional information is available at shareholder.ford.com.

About Ford Motor Company

Ford Motor Company (NYSE:F) is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 188,000 people worldwide. For more information regarding Ford

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One of Ohio’s Top Business Tax Reduction Consultants, Ken Byers, Co-Authors New Book on How to Avoid Costly Retirement Mistakes

CINCINNATI, Sept. 16, 2020 /PRNewswire/ — Building a successful, closely held business is one thing. Successfully preserving, protecting and passing on that wealth is another, according to Ken Byers, ChFC®, AEP®, CLU®, Co-Author of the book, “Retire Abundantly.”

Business owners will gain wisdom, principles and practical advice on how to enjoy a great retirement and leave a lasting legacy.

Byers shares, “Only three percent of all Americans have been able to accumulate one million dollars or more, which makes that group extraordinary, and many of those are closely-held business owners. Most don’t understand that building a successful business is not the same as getting the money out of the business. We are on a mission to show first generation closely-held business owners how to move money out of their business on a tax preferred basis.”

Successful business owners with accumulated wealth face

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