• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    PSSI Announces Leadership Transition

    4/5/23 3:30:00 PM ET
    $ECL
    Package Goods/Cosmetics
    Consumer Discretionary
    Get the next $ECL alert in real time by email

    Former Top Ecolab Executive and Food Safety Veteran Tim Mulhere to Become PSSI CEO

    PSSI Launches New Fund to Support Wellbeing of Children in Local Communities and Help Address Growing National Problem of Unauthorized Minor Workers

    PSSI, a leading food safety solution and sanitation provider, announced today that Tim Mulhere, a former Ecolab (NYSE:ECL) executive, will become the company's Chief Executive Officer.

    Mr. Mulhere joins PSSI after spending more than 20 years in various executive leadership positions at Ecolab, a global leader in food safety, hygiene and infection prevention solutions, and water and energy use optimization. He most recently served as President of Ecolab's Global Institutional and Specialty Group, which has more than $4 billion in annual revenue – overseeing a portfolio of Food Hygiene, Total Water Management and Pest Elimination businesses focused on customers in the hospitality, food service, food retail and healthcare sectors. Mr. Mulhere also previously led Ecolab's multibillion-dollar International Regions and Industrial Water businesses among other roles at the company. He received a B.S. in Chemistry from Pace University.

    Tim Mulhere said: "I am pleased to take on this new position as CEO of PSSI. The company and its devoted employees play a mission-critical role together with its valued customers protecting the health and safety of our nation's food supply chain. Our focus as a team moving forward will be on continuing to invest in the highest standards possible for safety, compliance, and world-class service."

    Mr. Mulhere's appointment will be effective April 24, 2023, when PSSI's current CEO Dan Taft will retire after 24 years with the company.

    Launch of New PSSI Charitable Fund

    PSSI also announced today that it is launching a charitable fund with an initial $10 million commitment dedicated to enhancing the well-being of children in the communities we serve and helping reduce the prevalence of the rising problem of unauthorized underage workers amid record levels of unaccompanied minors entering the United States. This fund will identify and provide aid for direct community services in legal aid, education, poverty reduction, and health services – the lack of access to which contribute to families seeking unauthorized employment for minors – and support national efforts to help address this issue.

    PSSI is also committed to sharing the difficult lessons our company has learned and remedial measures we have put in place to help prevent the hiring of unauthorized minor workers. PSSI is dedicated to working with government agencies, outside experts, local communities, and other companies and stakeholders to help combat this problem wholistically – given the wide-ranging nature of this emerging challenge.

    PSSI has taken strong corrective action to address a recent settlement with the U.S. Department of Labor (DOL) regarding minors being hired in certain of our locations – in violation of PSSI's absolute zero tolerance policy against anyone under the age of 18 working at our company. Building on our existing mandatory policy to use the Federal Government's own recommended E-Verify system to confirm the employment authorization of all new hires — alongside ongoing audits, trainings, and a $10 million investment in biometric identity verification — we have been taking multiple additional steps since the DOL matter emerged in October 2022.

    These include conducting an extensive additional review of our workforce to help ensure that no minors are working for the company today; hiring a respected third-party law firm to examine our procedures and make additional recommendations; retaining one of the U.S. Customs and Border Patrol's most highly decorated former officers to provide enhanced identity theft training; engaging a former high-ranking DOL official as part of the settlement to conduct monthly unannounced inspections to track compliance; launching a "See Something, Say Something" campaign encouraging local employees to anonymously report any concerns, including age-related concerns, without fear of repercussions; taking action to hire new compliance personnel and further enhance our standard hiring screening processes, among many others.

    To read more details about these remediation measures and our commitment to addressing this issue in the local communities in which we operate, please visit the following link: https://www.pssi.com/resource/dear-friends/

    About PSSI

    PSSI is North America's leading provider of food safety solutions offering a unified, total protection approach comprised of contract sanitation services, chemical innovations, pest prevention and intervention solutions for food processing facilities. Its team of more than 15,000 skilled food sanitors, microbiologists, technical experts, equipment engineers and safety specialists are committed to protecting people and brands by keeping USDA, FDA and CFIA processing facilities clean, safe and audit-ready. The PSSI team works hand-in-hand with every partner to develop customized, comprehensive food safety programs for smarter and more efficient sanitation to improve employee and food safety.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20230405005609/en/

    Get the next $ECL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $ECL

    DatePrice TargetRatingAnalyst
    4/21/2025$290.00Neutral → Buy
    Seaport Research Partners
    4/16/2025$230.00Overweight → Equal Weight
    Wells Fargo
    3/24/2025$270.00Buy → Neutral
    Redburn Atlantic
    1/28/2025$263.00 → $280.00Equal-Weight → Overweight
    Morgan Stanley
    12/17/2024$279.00 → $290.00Market Perform → Outperform
    BMO Capital Markets
    11/4/2024$276.00Buy → Neutral
    UBS
    10/18/2024$235.00 → $310.00Hold → Buy
    Jefferies
    8/13/2024$270.00Overweight
    Wells Fargo
    More analyst ratings

    $ECL
    SEC Filings

    See more
    • Ecolab Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

      8-K - ECOLAB INC. (0000031462) (Filer)

      6/5/25 4:15:52 PM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • SEC Form SD filed by Ecolab Inc.

      SD - ECOLAB INC. (0000031462) (Filer)

      5/30/25 4:31:22 PM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • SEC Form FWP filed by Ecolab Inc.

      FWP - ECOLAB INC. (0000031462) (Subject)

      5/27/25 5:11:55 PM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary

    $ECL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Ecolab upgraded by Seaport Research Partners with a new price target

      Seaport Research Partners upgraded Ecolab from Neutral to Buy and set a new price target of $290.00

      4/21/25 8:28:12 AM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • Ecolab downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded Ecolab from Overweight to Equal Weight and set a new price target of $230.00

      4/16/25 9:04:42 AM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • Ecolab downgraded by Redburn Atlantic with a new price target

      Redburn Atlantic downgraded Ecolab from Buy to Neutral and set a new price target of $270.00

      3/24/25 8:34:07 AM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary

    $ECL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Ecolab Schedules Webcast and Conference Call on July 29, 2025

      Ecolab will host a live webcast to discuss its 2025 second quarter results. A news release containing second quarter results is expected to be issued before market open on July 29, 2025. Details for the public webcast are as follows: TIME: 1:00 p.m. Eastern Time DATE: Tuesday, July 29, 2025 DURATION: One hour LOCATION: www.ecolab.com/investor ARCHIVE: A replay of the webcast and supplemental data will be available on Ecolab's website. About Ecolab A trusted partner for millions of customers, Ecolab (NYSE:ECL) is a global sustainability leader offering water, hygiene and infection prevention solutions and servi

      6/17/25 4:30:00 PM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • Ecolab Life Sciences Launches New Bioprocessing Purification Resin to Drive Manufacturing Productivity

      Purolite™ AP+50 resin enables improved cost efficiencies in antibody manufacturing Ecolab Life Sciences today announced it has launched an innovative new resin to help achieve cost savings and optimize operations throughout the antibody manufacturing process. Purolite™ AP+50 is an affinity chromatography resin with a 50-micron bead size offering the highest dynamic binding capacity of the AP resin platform while providing excellent durability for monoclonal antibody capture. It also leverages Ecolab's patented Jetted resin bead manufacturing technology, an innovative approach that enables lot-to-lot consistency and shorter lead times. It is the latest addition to Ecolab's robust Purolite

      6/16/25 6:00:00 AM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary
    • Ecolab Launches New Solution to Revolutionize Data Center Performance Amidst AI Boom

      New cooling management technology can unlock growth for global high-tech companies by addressing water and performance demands Ecolab Inc., a global sustainability leader offering water, hygiene and infection prevention solutions and services, has announced the launch of a transformative technology to drive high-performance data center cooling. Ecolab's new solution, 3D TRASAR Technology for Direct-to-Chip Liquid Cooling, helps protect data center servers by monitoring coolant health indicators in real time such as temperature, pH and flow rates. With this offering, Ecolab now covers the entire data center cooling landscape and uses AI-powered proprietary technology and powerful insights

      6/3/25 8:30:00 AM ET
      $ECL
      Package Goods/Cosmetics
      Consumer Discretionary