July 31, 2020 at 9:29 p.m.
Jay Petroleum honored
Business roundup
Jay Petroleum honored
A local company was honored recently by Indiana Gov. Eric Holcomb.
Jay Petroleum was one of a group of 76 organizations honored with the Governor’s Century or Half Century Business Award.
The award honors Indiana businesses that have stayed in operation for a minimum of 50 consecutive years and have “demonstrated a commitment to community service.”
Jay Petroleum, which is based in rural Portland and operates Pak-A-Sak locations, was honored for its 61 years of operation.
“It is an honor to recognize Hoosier business leaders who have been creating quality career opportunities for Hoosiers and running their businesses in Indiana for more than 50 or 100 years,” Holcomb said in a press release. “Through a strong dedication to their employees, their businesses and their communities, these companies exemplify the pioneering spirit and perseverance that will keep Indiana on the path to success for centuries to come.”
Because of the coronavirus pandemic, this year’s awards ceremony was canceled. Recipients will be invited to participate in the 2021 ceremony.
Faller retires
Joseph Faller has retired after more than 30 years at Mercer Savings Bank.
Faller, who had served as manager of the Fort Recovery branch, started with the bank as a loan officer in 1989. He took over leadership of the Fort Recovery office in 1995.
Fort Recovery resident Eric Brackman is the new manager of the Fort Recovery Branch. He is a graduate of Fort Recovery High School and Wright State University.
Isch honored
Indiana Bankers Association is honoring retired First Bank of Berne president and CEO Charles E. Isch with its Leaders in Banking Excellence Award.
Isch started his banking career as a teller in 1964. He retired as president and CEO in 2010 and director in 2015.
He served on the Indiana Bankers Association board twice and was also a member of the board of the Community Bankers Association of Indiana. A graduate of International Business College, he earned his graduate degree in banking from the University of Wisconsin.
The award, the Indiana Bankers Association’s highest honor, will be presented in a private ceremony in December in Indianapolis.
Isch is a past president of the Berne Chamber of Commerce.
Director resigns
Olivia Raugh has resigned as executive director of Berne Chamber of Commerce.
Raugh, who has been on the job for about a year and a half, left the chamber for a position at Indiana Wesleyan University. Her last day was July 10.
Lutheran certified
Indiana State Department of Health has certified Fort Wayne’s Dupont Hospital and Lutheran Hospital as Level III Perinatal Care facilities. The certification signifies that a hospital is equipped to care for complex maternal medical conditions and obstetric complications.
Lutheran Hospital has also launched its heart transplant program under new surgical director Dr. Hannah Copeland. The program was reactivated after receiving approval from the Organ Procurement and Transplantation Network Board of Directors.
NextEra declares
NextEra Energy declared a regular quarterly common stock dividend of $1.40 per share this week, Yahoo! Finance reported.
The dividend is payable Sept. 15 to shareholders of record on Aug. 28. Florida-based NextEra operates Bluff Point Wind Energy Center in southern Jay County and northern Randolph County.
Sales are down
Yum! Brands’ same-store sales for the fiscal second quarter dropped by 15%, CNBC reported this week.
Yum!, which owns Pizza Hut, Taco Bell and KFC, net income for the quarter ending June 30 was down by $83 billion. KFC struggled most, with same-store sales down 21%.
The company reported improvement since the height of the coronavirus pandemic shutdowns in April.
“Digital sales were a big driver of the dramatic improvement in sales from the initial impact of COVID-19, reaching an all-time high of $3.5 billion for the quarter,” said CEO David Gibbs in a statement. “Same-store sales trends for open stores stabilized in June just a few points short of flat ... and these trends have continued into July.”
Jay Petroleum was one of a group of 76 organizations honored with the Governor’s Century or Half Century Business Award.
The award honors Indiana businesses that have stayed in operation for a minimum of 50 consecutive years and have “demonstrated a commitment to community service.”
Jay Petroleum, which is based in rural Portland and operates Pak-A-Sak locations, was honored for its 61 years of operation.
“It is an honor to recognize Hoosier business leaders who have been creating quality career opportunities for Hoosiers and running their businesses in Indiana for more than 50 or 100 years,” Holcomb said in a press release. “Through a strong dedication to their employees, their businesses and their communities, these companies exemplify the pioneering spirit and perseverance that will keep Indiana on the path to success for centuries to come.”
Because of the coronavirus pandemic, this year’s awards ceremony was canceled. Recipients will be invited to participate in the 2021 ceremony.
Faller retires
Joseph Faller has retired after more than 30 years at Mercer Savings Bank.
Faller, who had served as manager of the Fort Recovery branch, started with the bank as a loan officer in 1989. He took over leadership of the Fort Recovery office in 1995.
Fort Recovery resident Eric Brackman is the new manager of the Fort Recovery Branch. He is a graduate of Fort Recovery High School and Wright State University.
Isch honored
Indiana Bankers Association is honoring retired First Bank of Berne president and CEO Charles E. Isch with its Leaders in Banking Excellence Award.
Isch started his banking career as a teller in 1964. He retired as president and CEO in 2010 and director in 2015.
He served on the Indiana Bankers Association board twice and was also a member of the board of the Community Bankers Association of Indiana. A graduate of International Business College, he earned his graduate degree in banking from the University of Wisconsin.
The award, the Indiana Bankers Association’s highest honor, will be presented in a private ceremony in December in Indianapolis.
Isch is a past president of the Berne Chamber of Commerce.
Director resigns
Olivia Raugh has resigned as executive director of Berne Chamber of Commerce.
Raugh, who has been on the job for about a year and a half, left the chamber for a position at Indiana Wesleyan University. Her last day was July 10.
Lutheran certified
Indiana State Department of Health has certified Fort Wayne’s Dupont Hospital and Lutheran Hospital as Level III Perinatal Care facilities. The certification signifies that a hospital is equipped to care for complex maternal medical conditions and obstetric complications.
Lutheran Hospital has also launched its heart transplant program under new surgical director Dr. Hannah Copeland. The program was reactivated after receiving approval from the Organ Procurement and Transplantation Network Board of Directors.
NextEra declares
NextEra Energy declared a regular quarterly common stock dividend of $1.40 per share this week, Yahoo! Finance reported.
The dividend is payable Sept. 15 to shareholders of record on Aug. 28. Florida-based NextEra operates Bluff Point Wind Energy Center in southern Jay County and northern Randolph County.
Sales are down
Yum! Brands’ same-store sales for the fiscal second quarter dropped by 15%, CNBC reported this week.
Yum!, which owns Pizza Hut, Taco Bell and KFC, net income for the quarter ending June 30 was down by $83 billion. KFC struggled most, with same-store sales down 21%.
The company reported improvement since the height of the coronavirus pandemic shutdowns in April.
“Digital sales were a big driver of the dramatic improvement in sales from the initial impact of COVID-19, reaching an all-time high of $3.5 billion for the quarter,” said CEO David Gibbs in a statement. “Same-store sales trends for open stores stabilized in June just a few points short of flat ... and these trends have continued into July.”
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