Corporate governance

EQS-News: Multitude Group Annual Report 2023 published - on track for substantial profitable growth in 2024 and beyond

Retrieved on: 
Wednesday, April 10, 2024
EUR, Annual report, Growth, WKN, Fintech, Corporate governance, Remuneration, European, Lithium

With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.

Key Points: 
  • With the publication of the audited figures in the annual report for 2023 Multitude confirms its preliminary numbers, showing a strong performance in 2023 and significant growth across all relevant key figures.
  • As such, loans to customers rose by 13.6% to EUR 575.9 million and debt investments increased by 194.3% from EUR 21.1 million to EUR 62.1 million.
  • This and an improved cost efficiency resulted in a strong growth of the EBIT from EUR 31.6 million in 2022 to EUR 45.6 million in 2023, signifying a 44.8% increase.
  • With the overall growth in assets also comes a rise in cash and cash equivalents by 85.0% to EUR 283.7 million from EUR 153.3 million.

Turkiye Garanti Bankasi A.S.: Division of tasks of Board Members and Appointment to the Board Committees

Retrieved on: 
Wednesday, April 10, 2024
Bank, Record, Corporate governance, Book, Audit committee

At our Bank's Board of Directors' meetings held on March 27, 2024, it was resolved that;

Key Points: 
  • At our Bank's Board of Directors' meetings held on March 27, 2024, it was resolved that;
    - Süleyman Sözen be elected as the Board of Directors' Chairman and Jorge Saenz-Azcunaga Carranza be elected as the Board of Directors' Vice Chairman,
    - Jorge Saenz-Azcunaga Carranza, Belkıs Sema Yurdum and Ebru Oğan Knottnerus be elected as the members of the Audit Committee,
    - Jaime Saenz De Tejada Pulido and Pablo Alfonso Pastor Muñoz be elected as principal members and Jorge Saenz-Azcunaga Carranza and Rafael Salinas Martinez de Lecea be elected as alternate members of the Credit Committee,
    - Belkıs Sema Yurdum, Aydın Düren and Jorge Saenz Azcunaga Carranza be elected as the members of the Corporate Governance Committee and the Director of Investor Relations Department to continue her duties in accordance with the Corporate Governance Communiqué of the Capital Markets Board,
    - Sait Ergun Özen and Jorge Saenz-Azcunaga Carranza be elected as members of the Remuneration Committee,
    - Süleyman Sözen, Rafael Salinas Martinez de Lecea and Pablo Alfonso Pastor Muñoz be elected as the members of the Risk Committee.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

STIVE ASIA Announces Innovative 'Art Print on Demand' on Its Digital Marketplace

Retrieved on: 
Tuesday, March 19, 2024
Printmaking, NGO, Biophysical environment, ESG, United Nations, University, World Vision International, Microsoft, Poverty, Student, Taylor's University, IP, Heart, Creativity, Ecosystem, UCSI, Corporate governance, ASIA, National University of Singapore, Sustainable development, SME, IPS

For art enthusiasts, illustrators, and eco-friendly advocates, Discover STIVE ASIA, the leading creative hub in Southeast Asia is uniting talented artists and sustainability champions through purposeful art.

Key Points: 
  • In 2020, STIVE ASIA emerged as a comprehensive digital asset marketplace, initially focusing on hosting certified and original intellectual properties.
  • Both creators and users can have access to the digital IP marketplace at STIVE ASIA at no cost.
  • As a total creative solution platform, STIVE ASIA allows both users and creators to buy and sell Certified Digital IP, design contests for custom projects, and eco-friendly merchandise printed with digital IP.
  • "Stive Asia Official" for Instagram, and "Stive Asia" for Facebook, Tik Tok and Xiao Hong Shu.

Resolutions of Nokia Corporation’s Annual General Meeting and Board of Directors’ Assembly Meeting

Retrieved on: 
Wednesday, April 3, 2024
Annual, EUR, Chair, Committee, Travel, Chairperson, AGM, KHT, Policy, Audit committee, MacNamara, Treasury, KRT, Corporate governance, Industrial design

Composition of the Board of Directors, Board committees

Key Points: 
  • Composition of the Board of Directors, Board committees
    The AGM resolved to elect ten members to the Board.
  • In an assembly meeting that took place after the AGM, the Board elected Sari Baldauf as Chair and Søren Skou as Vice Chair of the Board.
  • The meeting fees, travel expenses and other expenses directly related to Board and Board Committee work will be paid in cash.
  • The authorization is effective until 2 October 2025 and it terminated the corresponding authorization granted by the Annual General Meeting on 4 April 2023.

MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors

Retrieved on: 
Tuesday, April 2, 2024
International Game Technology, Growth, Biophysical environment, Fortress Investment Group, LLP, Acquisition, MRC, University, Daniel, REIT, Bear, PVF, Universal Health Services, Corporate governance, Management

Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).

Key Points: 
  • Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).
  • Robert Wood, MRC Global’s Chairman of the Board, said, “We are pleased to welcome Daniel to the Board following continued constructive engagement with Engine and as part of the Board’s ongoing refreshment program.
  • Additionally, Mr. Silvers has served as Executive Chairman of Winventory, Inc., a tech-enabled event ticketing management partner, since January 2024.
  • From 2005 to 2009, Mr. Silvers served as a Vice President at Fortress Investment Group LLC, a leading global alternative asset manager.

National Philanthropic Trust Names Linda K. Myers Chair of the Board of Trustees

Retrieved on: 
Tuesday, April 9, 2024
Finance, Consulting, Banking, Accounting, Professional Services, Philanthropy, Fund Raising, Other Philanthropy, Foundation, Chambers and Partners, Georgetown University Law Center, LCI, Gen, Audit, Woman, NPT, Inode, Trustee, National Philanthropic Trust, MRX, University, Lyric, Saint Ignatius College, Lyric Opera of Chicago, Compensation, Field, Chicago Shakespeare Theater, Retirement, Acquisition, Corporate governance, Kirkland & Ellis, Kirkland, Nursing

National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.

Key Points: 
  • National Philanthropic Trust (NPT), the largest national, independent public charity that manages donor-advised funds (DAFs), and one of the largest grantmaking organizations in the world, is pleased to announce Linda K. Myers has been named chair of NPT’s Board of Trustees.
  • She has served as vice chair of NPT’s Board of Trustees and chair of the Compensation and Human Resources Committee.
  • “Linda’s extensive experience in law, business, and governance, along with her lifelong dedication to philanthropy, is an excellent foundation for her to be NPT’s board chair,” said Eileen Heisman, CEO of National Philanthropic Trust.
  • “Linda joined NPT’s Board of Trustees in the early days of the pandemic and quickly became a strategic voice on the board and in her committee leadership.

Senior SEC leader Jennifer Zepralka joins Mayer Brown

Retrieved on: 
Monday, April 8, 2024
House, Mayer Brown, Partnership, Private practice, Investment company, Speaker, Public policy, Policy, Disclosure, Small business, PKWN, Division, Corporate governance, International law, Regulation

WASHINGTON, April 8, 2024 /PRNewswire/ -- Mayer Brown announced that Jennifer Zepralka has joined the firm's Public Companies & Corporate Governance practice as a partner. She joins the firm from the SEC's Division of Corporation Finance, where she served as chief of the Office of Small Business Policy since 2018.

Key Points: 
  • WASHINGTON, April 8, 2024 /PRNewswire/ -- Mayer Brown announced that Jennifer Zepralka has joined the firm's Public Companies & Corporate Governance practice as a partner.
  • "We're very pleased to welcome Jennifer to our firm," said Jon Van Gorp, chair of Mayer Brown.
  • Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the "Mayer Brown Practices").
  • "Mayer Brown" and the Mayer Brown logo are the trademarks of Mayer Brown.

Tango Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Business Highlights

Retrieved on: 
Monday, March 18, 2024
Biotechnology, Health, Pharmaceutical, Clinical Trials, Oncology, ODD, Cancer, Research, PRMT5, Brain, Mutation, BRCA, NSCLC, NYU Langone Health, Breast, General counsel, Patient, GBM, Orphan, Collaboration, DNA, DevOps, MTAP, Sarcoma, Head, MTA, AACR, Glioblastoma, Clinical trial, PARP, Therapy, Drug development, ATM, ACS, Safety, Pharmacokinetics, Carcinoma, Corporate governance, FDA, American Chemical Society, Food, Pharmaceutical industry

Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, reported its financial results for the fourth quarter and full year ended December 31, 2023, and provided business highlights.

Key Points: 
  • Tango Therapeutics, Inc. (NASDAQ: TNGX), a clinical-stage biotechnology company committed to discovering and delivering the next generation of precision cancer medicines, reported its financial results for the fourth quarter and full year ended December 31, 2023, and provided business highlights.
  • “In 2023, we made meaningful progress developing precision oncology treatments and now have four ongoing phase 1/2 clinical trials.
  • The U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation (ODD) to TNG462 in December 2023 for the treatment of soft tissue sarcomas.
  • The increase is the result of out-licensing a program to Gilead for $5.0 million during the second quarter of 2023.

Scotiabank named Best Bank in Canada by Global Finance

Retrieved on: 
Tuesday, April 2, 2024
Financial system, Growth, Trust, Bank, Investment, Corporate governance, Development

TORONTO, April 2, 2024 /CNW/ - Scotiabank has been named the 2024 Best Bank in Canada by Global Finance magazine.

Key Points: 
  • TORONTO, April 2, 2024 /CNW/ - Scotiabank has been named the 2024 Best Bank in Canada by Global Finance magazine.
  • The Best Bank Awards recognize financial institutions that offer the broadest range of services, long-term reliability, and technological innovation.
  • "We are proud to have been recognized by Global Finance as the Best Bank in Canada," said Scott Thomson, President and Chief Executive Officer, Scotiabank.
  • "2023 was a foundational year for Scotiabank as we laid the groundwork to deliver profitable, sustainable growth over the long term.

Generac Appoints Jennifer Anderson as Executive Vice President of Global Corporate Strategy & Development

Retrieved on: 
Monday, April 1, 2024
Carrier Global, Growth, Biophysical environment, Business, Business administration, Georgetown University, ESG, University, Generac, Social, Eaton Corporation, Corporate governance, Tyson Foods, Economics, Jennifer Anderson, J.P. Morgan & Co., Management

WAUKESHA, Wis., April 1, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the appointment of Jennifer Anderson as executive vice president of global corporate strategy & development.

Key Points: 
  • WAUKESHA, Wis., April 1, 2024 /PRNewswire/ -- Generac Power Systems (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the appointment of Jennifer Anderson as executive vice president of global corporate strategy & development.
  • "We are excited to have her join the team and are looking forward to leveraging her extensive experience across corporate strategy, business development and sustainability."
  • In addition to corporate strategy and development, Anderson will lead Generac's Environmental, Social and Corporate Governance (ESG) efforts.
  • Jennifer Anderson joins Generac with more than 20 years of finance, corporate strategy and business development experience.