Lynn Fritz, CEO of Fritz Companies, Honored in Supply Chain Hall of Fame

Company CultureHigh Tech / High Touch
Written By Jennifer Joslyn

🏆 Lynn Fritz, CEO of Fritz Companies, Honored in Supply Chain Hall of Fame.

Lynn Fritz, Chairman and CEO of Fritz Companies, has received the 2023 Supply Chain Hall of Fame Inductee award from the Council of Supply Chain Management Professionals (CSCMP). This prestigious recognition acknowledges individuals who have made substantial contributions to the supply chain management field and served as role models. During his 30-year tenure at Fritz Companies, Lynn Fritz played a pivotal role in advancing third-party logistics and supply chain services, expanding the company's global presence to 120 countries with 11,000 employees and achieving Fortune 1000 status in 1997. His innovative approach and incorporation of technology have left a lasting impact on the logistics industry.

Read more from MHL News ▶

Featured
Embracing Work-Life Balance: A CEO's Viral Approach
Embracing Work-Life Balance: A CEO's Viral Approach

The COVID-19 pandemic has pushed companies to prioritize work-life balance, leading to happier, more productive employees.

Gen Z Takes the Workforce by Storm
Gen Z Takes the Workforce by Storm

In 2024, Gen Z workers are set to outnumber baby boomers in the U.S. labor force for the first time.

Boeing CEO to Step Down by Year-End
Boeing CEO to Step Down by Year-End

Boeing made a sudden move on Monday, shaking up its leadership amidst a significant safety crisis.

FAA Demands Boeing Overhaul Quality Control After CEO Meeting
FAA Demands Boeing Overhaul Quality Control After CEO Meeting

Boeing faces pressure from the FAA to tackle quality-control issues within 90 days, following a meeting with CEO Dave Calhoun.

Former Kansas City Southern CEO Joins J.B. Hunt's Board
Former Kansas City Southern CEO Joins J.B. Hunt's Board

J.B. Hunt Transport Services has welcomed former Kansas City Southern President and CEO Patrick Ottensmeyer to its board, expanding the board to 10 seats.

President Xi Jinping Dines with Top U.S. CEOs Amid Criticism and Controversy
President Xi Jinping Dines with Top U.S. CEOs Amid Criticism and Controversy

China's President Xi Jinping attended a dinner in San Francisco with prominent American CEOs, including Tim Cook of Apple, Elon Musk of Tesla, and Larry Fink of BlackRock, among others.

Citigroup Contemplates 10% Job Cuts in Major Business Units in CEO's Restructuring Drive
Citigroup Contemplates 10% Job Cuts in Major Business Units in CEO's Restructuring Drive

Citigroup is reportedly considering job cuts of at least 10% in several major business units as part of CEO Jane Fraser's reorganization efforts.

Costco CEO Craig Jelinek to Retire, Ron Vachris to Take Helm
Costco CEO Craig Jelinek to Retire, Ron Vachris to Take Helm

Longtime Costco CEO Craig Jelinek will retire at the end of the year, and he will be succeeded by Ron Vachris, who has been with the company for 40 years.

JP Morgan CEO Jamie Dimon Warns of Global Impact Amid Middle East Conflict Escalation
JP Morgan CEO Jamie Dimon Warns of Global Impact Amid Middle East Conflict Escalation

JP Morgan's CEO, Jamie Dimon, has expressed concerns about the escalating conflict in the Middle East, particularly Israel's expected ground offensive on Gaza.

Nike's Inventory Management Reports Success Amidst Industry Challenges
Nike's Inventory Management Reports Success Amidst Industry Challenges

Nike's inventory units have decreased significantly, with a 10% year-over-year drop in inventory value, according to company executives.

Lynn Fritz, CEO of Fritz Companies, Honored in Supply Chain Hall of Fame
Lynn Fritz, CEO of Fritz Companies, Honored in Supply Chain Hall of Fame

Lynn Fritz, Chairman and CEO of Fritz Companies, has received the 2023 Supply Chain Hall of Fame Inductee award from the Council of Supply Chain Management Professionals (CSCMP).

BlackRock CEO Larry Fink Expresses Concern Over Lack of Hope Amidst High Levels of Fear in Financial Markets
BlackRock CEO Larry Fink Expresses Concern Over Lack of Hope Amidst High Levels of Fear in Financial Markets

BlackRock CEO Larry Fink, a prominent figure on Wall Street, has expressed concern over the high levels of fear he's witnessing among consumers and businesses, which he says is missing the essential ingredient of hope for a healthy financial outlook.

UAW's Wage Demands: A Closer Look at CEO Pay Raises
UAW's Wage Demands: A Closer Look at CEO Pay Raises

The United Auto Workers (UAW) union has been using CEO pay increases as a central argument in their negotiations with Detroit's three major automakers.

Why Should CEOs Earn 300 Times More Than Their Workers?
Why Should CEOs Earn 300 Times More Than Their Workers?

The United Auto Workers (UAW) is demanding a 40% raise for its members over the next four years, matching the 40% compensation increase that CEOs of major automakers have received during the same period.

Jim Vena Takes Over as CEO of Union Pacific, Replacing Lance Fritz
Jim Vena Takes Over as CEO of Union Pacific, Replacing Lance Fritz

Union Pacific, the second-largest freight railroad company in the U.S., has announced a change in its leadership.

CEOs Express Concerns over Human Rights Issues in Supply Chains
CEOs Express Concerns over Human Rights Issues in Supply Chains

A survey conducted by Proxima reveals that over two-thirds of CEOs in the US and UK are worried about human rights issues within their supply chains.

Gartner Survey Shows Increase in Women Holding Top Supply Chain Roles
Gartner Survey Shows Increase in Women Holding Top Supply Chain Roles

The eighth annual Women in Supply Chain Survey by Gartner reveals that the percentage of women in Chief Supply Chain Officer or equivalent roles has risen to 26%, up from 22% in 2022 and 14% in 2018.

Norfolk Southern Railroad CEO's Focus on Safety Intensifies Following Ohio Derailment
Norfolk Southern Railroad CEO's Focus on Safety Intensifies Following Ohio Derailment

Norfolk Southern's CEO, Alan Shaw, has emphasized the importance of safety and better service, particularly after a train derailed and caught fire in Ohio.

Survey Reveals Concerns Among Supply Chain Professionals Regarding Increasing Operating Costs
Survey Reveals Concerns Among Supply Chain Professionals Regarding Increasing Operating Costs

Supply chain professionals are facing significant challenges, including fuel costs, inflation, and delays outside their control, according to a report by DispatchTrack.

The CEO of Ford believes that it will take another decade for EVs to reach cost parity with traditional internal combustion engine vehicles
The CEO of Ford believes that it will take another decade for EVs to reach cost parity with traditional internal combustion engine vehicles

Ford CEO Jim Farley believes that electric vehicles (EVs) still have several years to go before they can compete with internal combustion engine vehicles in terms of cost.

CEO Pay Growth Slows, Yet Compensation Gap Persists
CEO Pay Growth Slows, Yet Compensation Gap Persists

The growth of CEO pay is slowing down, with the typical compensation package for chief executives of S&P 500 companies rising by just 0.9% in 2022, according to data analyzed by Equilar for The Associated Press.

CEOs need to step up to protect global supply chains from growing risks
CEOs need to step up to protect global supply chains from growing risks

By moving out of a reactive mode and proactively addressing supply chain resilience, CEOs can identify and mitigate risks before they become major disruptions.

☕️ Grab a cup’o Joe: Starbucks CEO to testify before Senate over unionizing opposition
☕️ Grab a cup’o Joe: Starbucks CEO to testify before Senate over unionizing opposition

Starbucks CEO Howard Schultz is feeling the heat as Congress investigates the company’s “intense opposition” to national efforts to unionize its stores.

Prepare yourselves, air travelers: United Airlines predicts rough skies ahead
Prepare yourselves, air travelers: United Airlines predicts rough skies ahead

CEO Scott Kirby is speculating that many airlines won’t be able to manage the number of flights on their rosters this year.

Jeff Bezos warns of tough financial times ahead
Jeff Bezos warns of tough financial times ahead

Amazon founder Jeff Bezos is the latest leader in the corporate world to warn the public that tough financial times are ahead of us.

Supplier diversity metrics are not yet the norm, despite industry push
Supplier diversity metrics are not yet the norm, despite industry push

Creating a diverse supplier chain seems to be at the forefront of the minds of CEOs, however only 38% of companies actually measure any metrics to make that happen.

CEOs and CFOs make similar investment decisions
CEOs and CFOs make similar investment decisions

CEOs and CFOs are looking for the best digital processes to begin implementing to improve their supply chain.

Chief Procurement Officers (CPOs) should start thinking like CEOs
Chief Procurement Officers (CPOs) should start thinking like CEOs

Chief procurement officers (CPOs) are responsible for a company’s resilience - as much as CEOs are responsible for it’s leadership.

Blue Yonder appoints new CEO
Blue Yonder appoints new CEO

Blue Yonder, the company famous for its digital supply chain omnichannel software, has named Duncan Angove as its new CEO.

Jennifer Joslyn
Previous

Temporary Workers' Struggles Highlight UAW's Push for Equity in the Auto Industry
Next

AB5 Impacts Small-Business Truckers, Warns OOIDA