LABJ Insider: Keep an eye on industry trends for 2022 to help you plan ahead

Stephanie Barbaran, interim editor for the Los Angeles Business Journal

This year is written in the rearview mirror, and while it can be useful to reflect on the lessons of the ups and downs of 2021, doing so while planning for 2022 is more productive.

Looking to the future, optimism for the next year is not unjustified as various industries continue to recover. Covid variants could of course continue to interrupt this progress or inspire new innovations to stop the spread or make it easier to comply with safety protocols.

To help you plan for 2022, read the Year Ahead Special Report beginning on page 17 for a roadmap highlighting some of the events, requirements that will come into effect, and development and infrastructure project openings likely to affect local businesses will have an impact. The package also includes a look at trends in industries such as media and real estate, as well as supply chain issues that will extend well into 2022. When you think about what to expect, maybe something you read will spark an idea for a joint marketing campaign or new business opportunity.

Also, get a copy of the Business Journal’s annual special, The Lists, due out December 27th. This resource is packed with information about the companies, executives, and industry rankings that will be useful in 2022.
And wind up the year with the latest comings and goings … The Los Angeles County Fair Association board of directors, which oversees the LA County Fair and the Fairplex campus, has named Walter Marquez President and CEO. He joined Fairplex in 2018 and has been interim CEO since January. …

Pittsburgh-based PNC Bank named Todd Wilson as regional president for the Greater Los Angeles area. He spent 25 years in senior finance positions and was Managing Director for the City of Los Angeles from 2010 to 2011. …

Santa Monica-based Universal Music Group expanded its C-suite to include Naras Eechambadi as Chief Data and Analytics Officer and Alexandra Hinkle as Chief Marketing Officer, Global Consumer Marketing. … The cannabis pharmacy chain based in Culver City and the delivery service MedMen appointed Michael Serruya as chairman and interim CEO. He joined the company’s board of directors in August as part of Serruya Private Equity’s $ 100 million investment in MedMen’s expansion.

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