Alter a career that spans 31 years in the industry, MikeKiser, CEO of Canteen Vending Services Inc., has decided to retire Dec. 31,2009. Ef- tective immediately, [DENNIS HOGAN], seniorvice president of finance of Compass Group North America, will assume responsibility as CEO of Canteen. Kiserwill continue to support Canteen during this transition through the remainder of the year. Prior to this appointment, Hogan held the position of seniorvice president of finance and was acting CFO from 2002 to 2003.
VENDINGMARKETWATCH ▶ PepsiCo Inc. signs combined with the bottle deposit distribution deal with would cost members approximately $37,551 for every $1 million in sales. People in the News Rockstar Energy Drink PepsiCo Inc. announced a multi-year DENNIS HOGAN SUCCEEDS MIKE KISER ▶ Crane to close St. Louis AS CANTEEN’S CHIEF EXECUTIVE distribution agreement with Rockstar After a career that Energy Drink. Rockstar will be dis- manufacturing facility spans 31 years in the tributed by The Pepsi Bottling Group Crane Merchandising Systems will industry, Mike Kiser, close its St. Louis, Mo. area manu- CEO of Canteen Vending Services Inc., facturing facility and consolidate its has decided to retire vending equipment manufacturing Dec. 31, 2009. Ef- Hogan operations in Williston, S.C. The fective immediately, consolidation will facilitate additional Dennis Hogan, senior vice president of ﬁnance of Compass Group North operating synergies by establishing a America, will assume responsibil- manufacturing super center capable ity as CEO of Canteen. Kiser will (PBG), PepsiAmericas, Pepsi Bot- of producing any type of vending or continue to support Canteen during tling Ventures and other independent foodservice dispensing equipment this transition through the remainder Pepsi-Cola bottlers in most of the of the year. Prior to this appointment, ranging from cold and hot beverage U.S. and all of Canada. Hogan held the position of senior vice machines to food, snack and combi- PepsiCo has purchased rights to president of ﬁnance and was acting nation product merchandisers. CFO from 2002 to 2003. He joined function as master distributor, offering The consolidation will occur in Compass Group in 1996 as a senior Rockstar products exclusively through phases with selected machinery and manager of strategic planning. its bottling system in all trade chan- assembly lines moved in an orderly nels. Rockstar will retain research and SANDENVENDO NAMES FRANK KABEI manner. Orders will be submitted development, marketing and manufac- CEO OF SANDENVENDO AMERICA INC., through the same channels and will REPLACING MICHAEL BARONE turing accountabilities. be processed as they had been previ- SandenVendo recently named ously. The company will maintain its long-time executive Frank Kabei as ▶ New York association chairman and chief executive ofﬁcer headquarters in St. Louis, includ- of SandenVendo America Inc. He as- retains ﬁrm to lobby ing sales, marketing, engineering, sumes responsibilities held by for higher vend sales procurement and administrative Michael Barone, who was presi- tax exemption functions. dent and chief operating ofﬁcer of SandenVendo America Inc. for the The New York State Automatic past three years. Barone has left Vending Association (NYSAVA) ▶ Dr. Pepper 7Up Bottling the company. Kabei has close to 30 recently retained the Wladis law of West will distribute years experience at the European and American SandenVendo divi- ﬁrm based in Syracuse, N.Y. as its
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