C-suite changes: Waitr yesterday announced Adam Price, chief logistics officer, has been promoted to the position of chief operating officer, effective this week. Joseph Stough, who had been the company’s president and COO since 2017, will remain as president. Price joined Waitr in February, previously spending five years-plus as CEO of Homer Logistics, a provider of local delivery fulfillment solutions for businesses using logistics technology. Read the full announcement.
Expanding: Baton Rouge salad dressings company Hanley’s Foods is expanding its lineup with another salad topping: Bacom Bits. The bits are made from mushrooms and billed as a crispier, healthier alternative to bacon bits. Hanley’s, founded in 2012, has launched a Kickstarter campaign as it works to get its latest product onto more salads.
Updated forecast: Louisiana’s Medicaid program will spend about $400 million less than expected in the nearly ended budget year, largely because tens of thousands of people were booted from Medicaid rolls amid bolstered computer checks of eligibility. The latest Medicaid forecast for the budget year ending June 30 showed the program was expected to spend about $12 billion on the government-financed insurance coverage this year, rather than the $12.4 billion allocated for health services. Nearly all the money Louisiana won’t spend is federal financing which the state simply won’t draw down from Washington, said Cindy Rives, the Louisiana Department of Health’s chief financial officer. Read the full story.