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Public/Private Companies

On-demand-retail adding new niche for EastGroup

By TED CARTER A warehouse distribution model Jackson’s EastGroup Properties conceived nearly 20 years ago has found itself well situated to benefit from today’s “must-have-it-now” retail demand. “People want stuff and they want it quick,” said Leland Speed, the soon-to-retire founder and chairman of the real estate investment trust, or REIT. He opened the doors of the public held company in ...

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Transitions ahead for EastGroup’s Speed, Hoster

By TED CARTER Leland Speed, a Jackson real estate icon who sold his first piece of raw dirt at 18 and never looked back, is stepping away from leadership of EastGroup Properties, the real estate investment trust he created nearly 40 years ago. The Jan. 1 chairmanship handoff will go to David H. Hoster II, who joined EastGroup Properties 32 years ...

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Zetella Gooch named consultant

BNI Mississippi has announced Zetella Gooch as Area Director Consultant. Gooch will be responsible for the coordination of BNI Director Consultants and Ambassadors. She will ensure the success of BNI chapters and their members in the areas of chapter growth, member retention, and the formation of new chapters in the Central Mississippi Region. A member of the Jackson Referral Connection ...

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Steve Rollins new Mercedes GM

Higginbotham Automotive recently announced the return of Steve Rollins as general manager of Mercedes-Benz of Jackson and Porsche of Jackson. As the most senior general manager in the Higginbotham’s family of dealerships, Rollins was chosen to run Mercedes-Benz of Jackson, the family’s largest dealership. For the past two years, Rollins has served as general manager at the Higginbotham family’s newest ...

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Cal-Maine names Timothy Thompson VP

Timothy Thompson has been promoted to vice-president of operations at Cal-Maine Foods, Inc., by the company’s board of directors.  Thompson will have responsibility for all of Cal-Maine Foods’ production and processing facilities located in Arkansas. He will report directly to Sherman Miller, chief operating officer of Cal-Maine Foods. Thompson has been employed with Cal-Maine Foods since 1996. He most recently ...

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Analysis: Cal-Maine ranks at top of public firms in state

By JACK WEATHERLY  Cal-Maine Foods is the top-ranking public company based in Mississippi, according to an analysis by SmartAsset.com The nation’s largest producer of in-shell eggs registered a 19.82 percent average annual return from 2010 through March 31 of this year, SmartAsset reported. It’s return was actually not as high as Callon Petroleum’s 33.07 percent, but its stock performance index ...

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Hilton Jackson service recognized

Hilton Jackson has been recognized as a TripAdvisor Certificate of Excellence Hall of Fame winner. The award spotlights excellence in hospitality, given only to establishments that achieve great traveler reviews on TripAdvisor for five consecutive years. When selecting winners, TripAdvisor uses a proprietary algorithm to determine the honorees that takes into account the quality, quantity and recency of reviews and ...

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Newk’s Eatery gets national notice as fast-casual brand

Mississippi-based Newk’s Eatery has extended its regional reach to 13 states but is growing its national profile at the same time, having recently won recognition from FastCasual.com as among the industry’s most significant brands. The recognition came during the 2015 Fast Causal Top 100 gala at the National Restaurant Association’s 2015 show in Chicago. Newk’s cause marketing program, Newk’s Cares, ...

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UPDATED: Verizon, Sprint pay big in ‘cramming’ settlements

Inserting unauthorized third party charges into customer bills has cost wireless carriers Verizon and Sprint a combined $120 million in reimbursements to customers and federal and state fines of $38 million. Mississippi received $358,269 for its participation in the Sprint and Verizon settlements. The national mobile cramming settlements with Verizon and Sprint and last fall with AT&T and T-Mobile have ...

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Mississippi drops 2 notches in CEO survey of best states for business

Mississippi landed in 39th place in the 2015 Chief Executive magazine survey of best states to do business based on surveys of chief executive officers around the country. The ranking represented a drop of two spots from the 2014 list. While Mississippi found itself sandwiched between West Virginia and Maryland, neighboring Tennessee landed in fourth place and Louisiana in seventh. ...

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