Reed Exhibitions Appoints New Leadership for U.S. Business
July 31, 2019
Global trade show and events organizer Reed Exhibitions has made two major leadership changes.
Effective January 1, Fernando Fischer, who is the current president of Reed Exhibitions Brazil, will be moving to the U.S. to take on the role of president of Reed Exhibitions US (RXUS). In his new role, Fischer will report to Herve Sedky, president of Reed Exhibitions Americas.
Fernando has served as CEO of RX Brazil for the past three years, during which time he dramatically improved customer value, financial performance and employee engagement, according to Reed Exhibitions officials. During his tenure, RX Brazil significantly improved its leadership position, winning a host of industry and global awards.
Prior to joining RX Brazil, Fischer served as CEO of companies in Brazil in a wide range of industry segments ranging from consumer electronics, mobile/gaming and healthcare, to security, foodservice and industrial. Fernando is best known for his innovation and his results-oriented focus on customers and employees alike.
Additionally, Yancy Weinrich will assume the position of COO at RXUS. She will report to Fischer and assist him in the day-to-day operation of the business, and all B2B portfolio leads will report to her.
Weinrich had previously served as senior vice president, leading the RX Jewelry portfolio including the JCK and LUXURY events, the JIS Shows, JCK Magazine and the JCK Online properties. She also oversees the Sports and Lifestyle Portfolio, which includes the PGA Shows, Racquet and Paddle, and Functional Fabric Fair(s).
In addition, Weinrich recently took on the management of the two Vision Expo trade shows, which are a joint venture with the Vision Council of America. She will assume her new role and broader B2B responsibilities immediately.
“Our commitment to the U.S. strategy and focus on our people and our customers continues, and I am confident that Fernando and Yancy, together with our current senior leadership team, will build on the momentum that we have seen so far in 2019,” Sedky said. “We have great things to look forward to and now have a complete leadership structure to build on our momentum.”
In their regional or global roles, Lance Fensterman, president of Global ReedPOP; Gregg Vautrin, regional CFO; Les Weir, regional M&A; Bill Engle, regional pricing; the RX Mexico BU CEO and the RX Brazil BU CEO will all continue to report to Sedky.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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