Westrock Coffee announced Monday its plan to go public, following a merger with Riverview Acquisition Corp., upping Westrock’s enterprise value to approximately $1.086 billion at $10 per share. The proposed business merger will allow Westrock Coffee to speed up the…
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R. Brad Martin
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FedEx Founder Fred Smith Steps Down, New President/CEO Named
by AMP Staffby AMP StaffFedEx announced Monday that, effective June 1, current Chairman and CEO Frederick W. Smith will step down from the position to become executive chairman. Smith will be succeeded by Raj Subramaniam, current FedEx president and COO. Smith and Subramaniam will…