Technology

Rabobank Honors Lineage at Annual Leadership Summit

Published

1 year ago

December 6, 2024

The annual celebration recognizes organizations that demonstrate remarkable industry stewardship, sustainability and innovation in food and agribusiness

NEW YORK, Dec. 6, 2024 /PRNewswire/ — Rabobank, a premier global food and agribusiness bank founded 125 years ago and a leading financier of the energy transition, today announced the recipients of its annual prestigious Rabobank North America Leadership Awards. Lineage Inc., the world’s largest global temperature-controlled warehouse REIT, took home the hardware for the Rabobank Award for Excellence in Corporate Leadership.

Lineage took home the hardware for the Rabobank Award for Excellence in Corporate Leadership.

This Leadership Award honors a large-scale market leader in North America that has generated strong business results while forging a lasting impact on its sector and the world at large. Lineage was celebrated among 400 guests on Thursday, December 5, during Rabobank’s annual Leadership Summit in New York City.

“We commemorate Lineage, a visionary company demonstrating strong leadership, innovative solutions and social responsibility, to drive responsible growth and navigate the ever-changing landscape of the future of food,” said David Bassett, Head of Wholesale Banking North America at Rabobank.

Headquartered in Michigan, Lineage is transforming the world’s food supply chain to eliminate waste and help feed the world with a global network of conventional and automated cold-storage facilities. The robust network includes more than 480 strategically located facilities across North America, Europe, and Asia-Pacific.

“It is an honor to be recognized for this year’s Rabobank Award for Excellence in Corporate Leadership, reflecting the vital work of our purpose-driven and experienced leadership team who works alongside more than 26,000 Lineage team members who challenge themselves to transform the food supply chain,” said Adam Forste, Co-Founder and Co-Executive Chairman of Lineage. “At Lineage, we take great pride in our work as a leading, mission-critical component of the global food supply chain, as we march toward our purpose of eliminating waste and helping feed the world.”

Across the globe, approximately 14 percent of the world’s food, valued at $400 billion, is lost on an annual basis between harvest and the retail market (FAO 2019). At the same time, an estimated 17 percent of food is wasted at the retail and consumer levels (UNEP, 2021). Lineage couples end-to-end supply chain solutions with proprietary technology and partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency and advance sustainability.

Poised for success following one of the largest IPOs of the year, the company is also committed to giving back. They established the Lineage Foundation for Good as a non-profit charity to serve the communities in which Lineage operates. The Foundation positively impacts communities across the globe by lending its supply chain expertise to help reduce waste and provide immediate relief to those in need. Lineage Foundation for Good impacts in its first few years include: rescuing and redirecting more than 20 million pounds of food to hungry families; granting over $8.3 million in gifts to charitable partners; and logging more than 19,500 volunteer hours donated by Lineage team members, demonstrating the company’s commitment to food and agribusiness stewardship.

During the Leadership Summit, Lineage was recognized along with the recipient of the 2024 Rabobank Award for Leadership in Sustainability, The Wonderful Company, one of the leading agriculture, real estate, and consumer packaged goods companies in the United States. The 2024 Rabobank Award for Emerging Leadership in Innovation was presented to Flashfood, an app for affordable groceries.

The finalists were evaluated by an independent panel of judges representing industry, academia, non-profits, media and the investment ecosystem. Award recipients were selected based on a rigorous set of criteria distinctive to each category.

The Leadership Awards honor large corporations and fast-growing emerging companies that are the touchstone for industry stewardship, sustainability and innovation across the food and agribusiness industry. The awards also recognize companies meeting today’s global economic challenges and answering the critical call for greater social responsibility and community involvement.

About Rabobank
Rabobank Group is a global financial services leader providing wholesale and retail banking, leasing, and real estate services in more than 37 countries worldwide. Founded over a century ago, Rabobank today is one of the world’s largest banks with over $678 billion in assets.

In the Americas, Rabobank Wholesale Banking North America is a premier corporate and investment bank to the food, agribusiness, commodities and energy industries. Rabo AgriFinance, a subsidiary of Rabobank, is a leading financial services provider for farmers, ranchers and agribusinesses in the United States. Together, we provide sector expertise, strategic counsel and tailored financial solutions to clients across the entire value chain. Visit www.RabobankWholesaleBankingNA.com and www.RaboAg.com.

About Lineage
Lineage, Inc. (NASDAQ: LINE) is the world’s largest global temperature-controlled warehouse REIT with a network of over 480 strategically located facilities totaling over 84 million square feet and approximately 3.0 billion cubic feet of capacity across countries in North America, Europe, and Asia-Pacific. Coupling end-to-end supply chain solutions and technology, Lineage partners with some of the world’s largest food and beverage producers, retailers, and distributors to help increase distribution efficiency, advance sustainability, minimize supply chain waste, and, most importantly, feed the world. Learn more at onelineage.com and join us on LinkedIn, Facebook, Instagram, and X.

Media Contact:
Melanie Bernds
Melanie.bernds.smith@rabobank.com

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Technology

Quote.com Announces New Senior Leadership Additions

Published

13 minutes ago

April 22, 2026

ST. PETERSBURG, Fla., April 22, 2026 /PRNewswire/ — Quote.com, a leading tech-enabled, omnichannel performance marketing organization, today announced the addition of two new executive team members to support the company’s continued growth and strategic expansion. Chase Nichols joins as Chief Marketing Officer and Ben Hochstetler as Senior Vice President of Marketing.

Quote.com announced the addition of two new executive team members, Chase Nichols and Ben Hochstetler.

The appointments strengthen Quote.com’s leadership team as the company continues to invest in execution, growth, and expanding its ability to help consumers access insurance solutions more easily and efficiently. “We are excited to welcome Chase and Ben to the Quote.com leadership team,” said Nick Stommes, Chief Executive Officer at Quote.com. “Both bring deep industry expertise, experienced execution capability, and a strong focus on operational excellence that will help accelerate our growth while improving how consumers access and compare insurance options. Their leadership will play a critical role at Quote.com as we continue scaling our platform and strengthening our partnerships.”

Chase Nichols joins Quote.com as Chief Marketing Officer; Chase is responsible for all performance marketing planning, organization, and execution, and is focused on driving efficient, measurable consumer touchpoints. With nearly two decades of experience in financial services and performance marketing environments, he brings a data-first approach to scaling growth while balancing brand development and direct-response marketing.

Ben Hochstetler joins as Senior Vice President of Marketing, leading digital marketing strategy and execution across Quote.com’s omnichannel performance marketing footprint. He brings more than 15 years of experience building and scaling performance marketing execution in highly competitive and regulated markets.

About Quote.com

Quote.com is a tech-enabled omnichannel performance marketing organization that delivers high-quality, mission-critical demand at scale to industry-leading partners. The company serves customers across multiple insurance verticals, including auto, home, life, and Medicare insurance. Quote.com provides significant value to consumers by providing an independent, third-party comparison-shopping experience.

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SOURCE Quote.com

Technology

Young Voices Across Oceans: Telling China’s Story Fiji Special Showcases GDI Achievements

Published

13 minutes ago

April 22, 2026

SHENZHEN, China, April 22, 2026 /PRNewswire/ — This year marks the 5th anniversary of the Global Development Initiative (GDI). Shenzhen Media Group’s “Telling China’s Story” program presents a special Fiji season, taking the perspective of young Chinese people to the Pacific island nation of Fiji. It documents the implementation of numerous cooperative projects which are smaller in scale but well-designed, showcasing the heartwarming stories and broad prospects of China and Fiji working together to promote common development and share the fruits of cooperation, vividly illustrating the practical achievements of the GDI.

The program will air from April 20th to 22nd, 2026. The first episode features Chinese actor Zhao Xiaotong, food blogger Yang Beichuan, and Wu Dongwei, a doctoral student at China Agricultural University, who visit the China-Fiji Juncao Technology Demonstration Center in Nadi, Fiji, to explore how this “Happiness Juncao” from China has taken root and grown in the South Pacific island nation, benefiting people’s livelihoods.

This “Happiness Juncao” has yielded “win-win results” in Fiji, bringing tangible changes to local families. Internet technology engineer Ashmir not only gained a stable income by learning Juncao (a type of grass cultivation) to grow mushrooms, but also successfully paid off his car loan.

During this filming, a “Mushroom Team” of young Chinese people joined Ashmir in a Fijian market to promote mushroom dishes and introduce locals to various new ways to enjoy mushrooms. The humble mushroom became a bond of friendship across mountains and seas, conveying the warm sentiments of mutual understanding between the Chinese and Fijian people amidst the bustling market atmosphere.

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SOURCE Shenzhen Media Group

Technology

Laminar Wins Gold 2026 Edison Award for Physical AI that Powers the Self-Driving Factory

Published

13 minutes ago

April 22, 2026

Top honor recognizes Laminar’s innovation and transformation in the CPG manufacturing industry

BOSTON, April 22, 2026 /CNW/ — Laminar, a physical AI solution helping the world’s leading manufacturers run more productive and sustainable factories, announced that it received a Gold 2026 Edison Award in the Manufacturing & Logistics category. The award recognizes Laminar for enabling food and beverage manufacturers to unlock new levels of productivity and sustainability through innovation – running faster production lines while cutting water, chemicals, and downtime.

“Laminar is leading the way CPG manufacturers implement physical AI on the factory floor with first-of-their-kind self-driving processes,” said Annie Lu, Laminar Chief Executive Officer and Co-Founder. “Our patented spectral sensors and complete library of ML models enable a new, transformative approach to closed-loop automation, making the goal of the self-driving factory achievable today. We are honored the Edison Awards recognized our commitment to building a new category of technology and reshaping the future of manufacturing.”

Laminar’s physical AI transforms operations by enabling CPG manufacturers to transition from manual, timer-based operations to self-driving. Deployed across six continents for Coca-Cola, AB InBev, Danone, and Unilever, Laminar delivers measurable sustainability and profitability gains from the same investment. Laminar’s self-driving processes include:

Self-Driving Clean-in-Place Self-Driving Product Changeover Self-Driving Batch Optimization Self-Driving Quality ControlAnd more

The Edison Awards, established in 1987 and named in honor of inventor Thomas Edison, celebrates game-changing innovation across industries worldwide. Drawing a global community of innovators across 60+ countries, the Edison Awards elevate solutions that reimagine our future.

Recognition for Laminar’s Innovation

Headquartered at Greentown Labs in Somerville, MA – North America’s leading cleantech incubator – Laminar is a woman-founded startup backed by top-tier investors, including Greycroft, Construct Capital, 2048 Ventures, and Flybridge Capital.

Recognized for its innovation and impact, Laminar received AB InBev’s 2024 Cheers Award for outstanding startup partnership and was named Unilever’s 2023 Supplier Startup of the Year. Laminar’s solution is also deployed in World Economic Forum Lighthouse factories recognized for their leadership in cutting-edge technology.

About Laminar

Laminar’s physical AI helps the world’s leading manufacturers run self-driving factories with more sustainable, efficient operations. Our patented spectral sensors and complete library of ML models transform manual operations into self-driving processes that cut water, chemicals, and downtime in real-time. Deployed in factories across six continents and trusted by global leaders like AB InBev, Coca-Cola, and Unilever, Laminar is building a new category of physical AI that will power the future of process manufacturing. Learn more at runlaminar.com

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SOURCE Laminar