Oneida's Joseph Steps Down as CEO
ONEIDA, N.Y.-Jim Joseph has resigned as president and CEO of Oneida to become an Executive in Residence at LeMoyne College. His last day at Oneida will be Jan. 31, 2012.
Joseph said he will continue to work with Oneida on "strategic projects" as a member of the flatware company's newly created board of directors.
At LeMoyne, located in nearby Syracuse, N.Y., Joseph will write, lecture and mentor future business leaders and will be involved in a case study of Oneida, as part of the college's position as the center of a new Jesuit business case series that focuses on leadership and ethics.
In "town hall" remarks to Oneida employees last week, Joseph highlighted Oneida's long history and praised its leadership position in the tabletop industry. He said that the company offers "a story full of lessons that future business leaders can and should learn from."
Oneida was acquired by Monomoy Capital Partners, a private equity firm that also owns The Anchor Hocking Corp., last month.