You can be pretty certain that both customers and employees will see it. Tom Richards, retired chairman and chief executive officer of CDW, exemplified this kind of leadership. We are committed to continuing to build the type of company that treats all constituenciesour clients, our stockholders, our employees, our vendors and partners, our regulators, and our communitieswith honor and respect. A message from Christian Sewing on Q1 results 2023. It's also a moment in time when the work we're doing is its most critical. President & CEO. President and Chief Executive Officer. To: Starbucks partners; managing directors for company-operated and joint venture markets Date: August 24, 2015 Re: Message from Howard: Leading Through Turbulent Times Dear Partners, As you read this, we will have launched our new strategy Own the Game. For Northern Trust to continue to attract and retain the best people to execute our strategy and serve our clients, we have realized the need to step back and holistically reassess the employee experience. 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Please get ready for the storm to hit because hit it will. The lockdown saw the launch of our most successful digital campaign ever: #hometeam. We continue to work toward fostering an environment where everyone feels they belong and have equitable opportunities to advance. Remember the plans we had? Brands like J.P. Wisers Canadian whisky have also stepped up by intentionally adopting a more inclusive brand identity. Overall, the global pandemic accelerated our focus on digital. Here's how other key Amazon segments did . It touched a nerve among his staff. When we started out, we were looking forward to a great year of sport, with the UEFA EURO 2020 and the Olympic Games in Tokyo at its core. Written by Amazon Staff. CEO Message. While we're pleased with our 2021 financial performance . Scammers impersonate a trusted company to convince their targets into revealing or handing over sensitive information such as insurance, banking or login credentials. We dialled up our internal communications, paid increased attention to their mental health and well-being, and leaned on our leaders to prioritize conversations with their teams and keep their finger on the pulse of employee engagement. We have also made progress in increasing the number of women in leadership positions. Our measures included the establishment of strict cost and working capital controls, the reduction of management compensation, the stop of the share buyback program as well as the suspension of dividend payments. Our pipeline of new products and breakthrough innovation has never been more robust. We also closed stores and offices when required, in line with local regulations. It's not even about the praise Schultz doles out to his employees er, partners, when he says "the strength and equity of our brand, and the primary reason for our current and future success is because of all of YOU" and "I believe in you and have never been prouder to be your partner.". Signing the Juneteenth Pledge and organizing our first Global Day of Inclusion for all of our employees, which will now become an annual company event. We will continue to shine and make MetLife a source of pride for all of us. Vaughn Aust. Looking ahead to our next chapter, we will uphold this commitment to those we serveand that includes all of you. Hadley Gamble, a CNBC anchor and international correspondent, accused former NBCUniversal chief executive Jeff Shell of sexual harassment and sex discrimination in a complaint to the media company . And third to the extent you can please provide a helping hand to the communities around us and our many business partners around the globe. Id like to thank our shareholders for your support during an extraordinary year. Ethan McCarty Manager, IBM Workforce Enablement & Alumni Relations Intranet Editor in Chief Communicating financial results to employees Listening to our customers and public opinion, understanding the changes that arise, and communicating those changes effectively and freely within our organization under a flatter organizational structure are key to Mizuho fulfilling our role. Let's be very sensitive to the pressures our customers may be feeling, and do everything we can to individually and collectively exceed their expectations. We see the next 10 to 20 years as a period that will necessitate unprecedented change. On behalf of the NSG Group, I would sincerely like to thank you all for your continued support. Please, do look after yourselves and your families. In September, we successfully placed two bonds with a total value of 1billion as well as our first ever 500million sustainability bond. I would first like to wish all of you the very best as we begin the new year of 2022. Find out more in our cookie statement. "Businesses often forget about the culture, and ultimately, they suffer for it because you can't deliver good . Sorry, you need to enable JavaScript to visit this website. January 17, 2022, the day I was named as the next . This year, we drove innovation in the ESG space, launching a number of new products and services that support sustainability. Mitsui Chemicals, Inc. Is Howard Schultz a shrewd and savvy businessman, and a remarkable CEO? Corby has an outstanding portfolio to win in the cocktail occasion and were rolling out a full slate of innovations to strengthen ourposition. Member of the Board of Directors If you wonder how much of a role that plays in the long run, think about this: How did Starbucks become the largest coffeehouse company on earth? This is the moment to demonstrate grace under pressure. We are making a profound social impact in the communities we serve around the world, and will continue to do so today and into the future. It is our priority to support you in this important endeavor. We use cookies to improve your experience on our site. They are: (1) Become an essential company in a sustainable world, (2) Transform to build robust business through investment and (3) Maximize the power and potential of employees. The labor force has not yet recovered to its pre-pandemic levels, creating a competition for workers that has elevated compensation and turnover. Revenues decreased 14% on a currency-neutral basis due to the widespread store closures and lower traffic once stores reopened. Each Friday I started sharing a note with my team based on a leadership theme--a quote and a related tip/article around personal growth. (My apologies for the occasional use of formal-sounding language, as parts of it are written in a particular way . Aiming to minimize the impact on customers in the event of a failure, it also sets out plans for effective and complete system restoration and business continuity across 30 key operations, including settlements. I'm incredibly grateful to the teams that dedicated so much time and effort to make today a reality, and I'm . What do you think? From the very beginning of the pandemic, our focus was squarely upon two things: I am proud to report that we achieved both. By mid-March, Europe, North America and Latin America had also gone into lockdown. Our aim is to fill at least 30% of all new positions with Black and LatinX people. Delivering innovative, digital solutions starts with reframing our perspective on what is possible. Canadians tastes and preferences have evolved; theyve explored new drinks and adjusted how they purchase and where they consume their wine and spirits. Launching a mandatory Diversity and Inclusion training for all employees. The first half was characterized by the COVID-19 pandemic and consequent mobility restrictions, supply limitations, and inflation, while the second half was characterized by lockdowns in China, the Russia-Ukraine conflict, and rising interest rates in the US. Food and beverage products are essential to peoples lives. Your personal caring and help can make a lot of difference to our colleagues and their families it will also make us a stronger and even more united team. I invite you to visit the True Performance section of our annual report, where Chief Financial Officer Jason Tyler shares additional perspectives on Northern Trusts performance in 2021. Keeping this in mind, the Board of Directors and other members of management have held a number of discussions on the way Mizuho should be involved in the SDGs. Interest rates remained extremely low, particularly on short-duration, high-quality bonds, which put additional pressure on the yield of our securities portfolio. . Please recognize this and--as you always have--remember that our success is not an entitlement, but something we need to earn, every day. The following message from CEO Christian Sewing was sent to all staff of Deutsche Bank. Learn about Nestls brands and what were doing to make our products tastier and healthier. For example, while following stay-at-home orders, many consumers experimented with drinks and found a creative outlet in cocktail making. In light of this, we have positioned sustainability transformation as not just one part of our strategy, but as our strategy itself. Having strengthened relationships with key on-premise and grocery accounts over the past year, well look to make further inroads supporting restaurants and bars as they recover from the pandemic and ensuring that were leading with priority brands in grocery and convenience outlets. With the prolonged COVID-19 pandemic and Russia-Ukraine conflict, the global economic and social environment is in flux. They are working closely with local authorities. The acts of racism and intolerance witnessed in 2020 and 2021 underscored the need to push harder for change in our society, and we are doingso. There is no blueprint to deal with a crisis like this, but within just a few days we had adjusted our operations to address the situation at hand. In this new era, hierarchical and centralized decision-making leads to mistakes. While e-commerce had been booming in other industries for years, it took the pandemic-related lockdowns and public health restrictions for it to truly take hold in the beverage alcohol industry. People from over 100 nations work at our corporate headquarters in Herzogenaurach alone and the Executive and Supervisory Boards both have strong international representation. Corby has an outstanding portfolio to win in the cocktail occasion and were rolling out a full slate of innovations to strengthen our position, including high-quality RTD cocktails such as Ungava Gin & Tonic and Absolut Mango Mule. A model for CEO excellence. The main focus for fiscal 2022 will be ensuring stable operations and implementing our business improvement plan. In addition to the immediate and grave health concerns, we are seeing a much wider impact on all of our lives as well as the global economy. At the same time as we are improving the convenience of our digital channels, we are also shifting the focus of our branches from administrative operations to consulting. Despite these challenges, we were able to make progress on resolving the mismatch in our corporate resources through reforms to our business and finance structures, and we also achieved consistent results in our focus areas. Today's financial market volatility, combined with great political uncertainty both at home and abroad, will undoubtedly have an effect on consumer confidence and perhaps even our customers' attitudes and behavior. Whether you have years of work experience or you just graduated, theres a job opportunity for you at Nestl. Critics say it's too much. Message from the Chairman and the CEO. We and I will be with you every step of the way. We want to build on our achievements to accelerate profitable growth and marketshare. Group Management Report Financial Review, Statement of Financial Position and Statement of Cash Flows, Financial Statements and Management Report of adidasAG, Disclosures persuant to German Commercial Code, Consolidated Statement of Financial Position, Consolidated Statement of Comprehensive Income, Consolidated Statement of Changes in Equity, 02 Summary of Significant Accounting Policies, 04 First-Time Consolidation/Disposal of Subsidiaries as well as Assets and Liabilities, Notes to the Consolidated Statement of Financial Position, 14 Trademarks and other Intangible Assets, 24 Other Non-Current Financial Liabilities, Notes to the Consolidated Income Statement, 40 Other Financial Commitments and Contingencies, 43 Information relating to the German Corporate Governance Code, nexxar - digital reporting evolved - Online Report. A terrific annual letter from the CEO does not in and of itself mean that the company is a great one or that the stock is a good investment. Our portfolio strategy takes a consumer-centric approach aimed at making key moments of consumption meaningful and memorable. For our Scope 3 emissions, we are setting fiscal 2030 targets on a sector-by-sector basis. In 2021, we expanded our digital capabilities to automate, integrate and streamline how we deliver services; forged strategic partnerships to advance our offerings; and reimagined ways to reconcile fiscal responsibility and social values. Love him or hate him, you have to give this to Schultz: He makes a difference. Here are the key numbers: Earnings: 31 cents per share. Zoom CEO Eric Yuan said the layoffs would affect every part of the organization. With resources and influence comes great responsibility to lead the way for clients seeking sustainable investing solutions; to advance diversity, equity and inclusion; to invest in underserved communities and to support future generations. The toll it has taken on human life is heartbreaking, while it has also caused the largest economic downturn for decades. Note: Past fiscal year results have been recalculated based on fiscal 2021 management accounting rules. 2020 was anything but easy. This mindset also applies to all of us as colleagues. That was one of the top trending hashtags on Twitter yesterday, after more than$1 trillion was wiped from Asian markets, sending the Dow plunging again (it closed for the day down 588 points). Within the space of just three days, 70% of our stores and those of our partners had closed. . Essential to every sort of change is our employees' ability to give constructive feedback and take on new challenges. Founded in 2012, Parley aims to raise awareness for the beauty and fragility of the oceans, and to inspire and empower diverse groups such as pacesetting companies, brands, organizations, governments, artists, designers, scientists, innovators and environmentalists in the exploration of new ways of creating, thinking and living on our finite, blue planet. He will be greatly missed by the Northern Trust family.I want to close by thanking our clients, shareholders and employees for their unwavering trust in our company. We strive to create an inclusive, highly collaborative work culture where our people are empowered to grow and thrive. 2022 MetLife Services and Solutions, LLC. The labor force has not yet recovered to its pre-pandemic levels, creating a competition for workers that has elevated compensation and turnover. In order to do so, we acted upon the following commitments: We will continue this important journey together with our employees and partners to create an adidas we can all be proud of. Over the course of 154 years, we have seen and mastered many challenging moments. Our leadership in this area is exemplified by The Northern Trust Institute, which allows clients to leverage timely, essential thought leadership and expertise in more than 40 practice areas relevant to affluent individuals and families. Further, we are changing our risk-taking practices to share risk with our clients or share risk among a range of stakeholders and thus create new value in concert. The journey has been all about patience and belief in our vision. However, frictions in global production and an incomplete recovery in labor markets created the fastest inflation we have seen in quite some time. 2021 Annual Report CEO Letter Go Global By Devin McGranahan May 6, 2022. . The fit-for-purpose model we created classifies every role as Office, Hybrid, or Virtual based on the nature of the work and ensures everyone has more flexibility than they did pre-pandemic. Our company has weathered many different types of storms. We would like to recognize in particular our frontline employees and factory workers your commitment and your discipline are critical at this time to maintain business continuity. And I would also like to say thank you to you, our shareholders, for the trust you have placed in us. Just as it took time to adjust to working virtually two years ago, our Future Work approach will require similar patience. And Im pleased to say that weve done that. But very few have all the elements required . We offer solutions that fit with their unique needs and deliver improved efficiency. First, I sincerely apologize again for the significant inconvenience and concern we caused our customers, shareholders, and society as a result of the series of IT system failures at our subsidiary, Mizuho Bank. This has led us to clarify our goal of reaching net zero by 2050 and our actions for this goal. Our commitment to not only solving, but anticipating, their needs through the most turbulent times provided peace of mind when our clients needed it most. adidas is now one of the highest-ranked companies in the sporting goods industry and in Germany. When we started out, we were looking forward to a great year of sport, with the UEFA EURO 2020 and the Olympic Games in Tokyo at its core. April 13, 2021. We constantly adapt to the unpredictable, persevere amid the unalterable and embrace every opportunity to earn their trust and confidence. I fully recognize we are asking a lot because all of us are also busy managing challenging personal and family situations at this moment. Even today, the vast majority of our employees are working from home, but we reacted quickly to provide them with the tools that would enable them to do so. We were suddenly put in a position where we were losing revenue, while our costs continued to roll in. As a result, our Consolidated Net Business Profits came to JPY 853.1 billion, a further increase over fiscal 2020, when we achieved our fiscal 2021 target of JPY 700 billion one year ahead of schedule. Finally, cheers to the moments when we can finally get together. We achieved strong financial performance in 2021 increased net income, return on average equity and continued organic growth while also investing in the talent and technology to support clients into the future. An improving public health environment and substantial government stimulus fueled an impressive continuation of the global economic recovery in 2021. Even in the face of difficult circumstances like those we experienced over the past two years, I am confident that we will continue to celebrate many great successes together. By taking feedback from these stakeholders on board, we are integrating our approach of developing in parallel with our customers and society into our strategy and initiatives. I'd love to hear from you in the comments. We were pleased to maintain a dividend in line with our generous dividend policy, with payments made at 90% of the prior years net earnings. For our Scope 1 and Scope 2 emissions, we have brought forward our existing targets by 20 years, committing to becoming carbon neutral by fiscal 2030. Bringing together such group functions and leveraging them to their fullest will enable us to maximize our strengths. For example, in May 2022, we reached a basic agreement with Aeon Mall under which Aeon Mall will procure renewable energy with financing arranged by Mizuho Bank, Mizuho Securities, and Mizuho Leasing. Rethinking whats possible and applying our knowledge, creativity, imagination and drive, we continue to find a better way. We will continue to do everything we can to remain worthy of this trust. The 80-second response to employees' bonus questions came at the end of a 75-minute . [An annual message from our CEO, dated January 3, 2023] As we enter 2023, we're taking a moment to reflect on this past year, but more importantly, we are looking forward to where we are headed. Since my appointment, I have talked with employees in over ten small meetings, and I have also been responding to approximately 620 proposals for ways to improve work styles, making progress step by step. Thats why our Wealth Management business earned the distinction of being named Best Private Bank by the Financial Times Group for the 11th time in the past 13 years. We look forward to fully implementing our new model across the global company soon and are certain we will succeed in this Future Work endeavor. Keiji Kojima. This requires knowledge, creativity and imagination to streamline how we deliver our services while simultaneously advancing our capabilities and offerings.