Banking in Canada

Standard Lithium Adds Claudia D'orazio and Anca Rusu to the Board, Expanding Project Management, Financial and Human Resources Expertise

Retrieved on: 
Tuesday, January 17, 2023

She is currently the Vice President and Chief Human Resources & Technology Officer of Centerra Gold Inc., a publicly traded Canadian-based gold mining company.

Key Points: 
  • She is currently the Vice President and Chief Human Resources & Technology Officer of Centerra Gold Inc., a publicly traded Canadian-based gold mining company.
  • Prior to joining Centerra Gold, Ms. D’Orazio held several leadership roles with Pembina Pipeline Corporation from 2006 to 2020, ending as Vice President, Human Resources.
  • Anca Rusu is a strategic leader with over 20 years of experience directing global capital projects within the energy sector.
  • Standard Lithium CEO, Robert Mintak stated, “I am very pleased to welcome Anca and Claudia, two exceptional, independent directors to our Board.

Standard Lithium Adds Claudia D'orazio and Anca Rusu to the Board, Expanding Project Management, Financial and Human Resources Expertise

Retrieved on: 
Tuesday, January 17, 2023

She is currently the Vice President and Chief Human Resources & Technology Officer of Centerra Gold Inc., a publicly traded Canadian-based gold mining company.

Key Points: 
  • She is currently the Vice President and Chief Human Resources & Technology Officer of Centerra Gold Inc., a publicly traded Canadian-based gold mining company.
  • Prior to joining Centerra Gold, Ms. D’Orazio held several leadership roles with Pembina Pipeline Corporation from 2006 to 2020, ending as Vice President, Human Resources.
  • Anca Rusu is a strategic leader with over 20 years of experience directing global capital projects within the energy sector.
  • Standard Lithium CEO, Robert Mintak stated, “I am very pleased to welcome Anca and Claudia, two exceptional, independent directors to our Board.

Societal CDMO Advances Multi-Step Strategy to Recast Capital Structure and Strengthen Balance Sheet

Retrieved on: 
Monday, December 12, 2022

SAN DIEGO and GAINESVILLE, Ga., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Societal CDMO, Inc. (“Societal CDMO”; NASD: SCTL), a contract development and manufacturing organization (“CDMO”) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced key progress in its multi-step strategy designed to recast the company’s capital structure and strengthen its balance sheet. The company is working toward the concurrent closing of separate transactions, which are intended to reduce and refinance its outstanding senior debt.

Key Points: 
  • The company is working toward the concurrent closing of separate transactions, which are intended to reduce and refinance its outstanding senior debt.
  • Upon closing, the transaction will yield $39 million in non-dilutive gross proceeds, which the company intends to use to immediately reduce its outstanding debt balance with Athyrium Capital Management, LP (“Athyrium”).
  • At closing, Societal CDMO will enter into a 20-year lease agreement with Tenet Equity, with multiple renewal options.
  • “We have worked diligently to carefully craft these financial transactions to serve the purpose of recasting Societal CDMO’s capital structure, helping to strengthen our overall financial position and fortify our balance sheet,” said David Enloe, chief executive officer of Societal CDMO.

Stand.earth on UN High-Level Expert Group's new Net-Zero criteria at COP27

Retrieved on: 
Tuesday, November 8, 2022

A recent Stand.earth report reveals the Royal Bank of Canada spent $9.2 billion on fossil financing .

Key Points: 
  • A recent Stand.earth report reveals the Royal Bank of Canada spent $9.2 billion on fossil financing .
  • RBC is under investigation by Canada's Competition Bureau for alleged greenwashing around misleading advertising of its climate claims.
  • Sarah Beuhler, Stand.earth Senior Climate Finance Strategist, said:
    "This new standard for net-zero commitments is necessary, especially since banks like RBC actually increased fossil fuel financing this year despite net-zero rhetoric.
  • "RBC is more interested in greenwashing its financing of fossil fuel companies than changing its business practices.

AXA XL appoints Stephen White as Alternative Risk and Captives Leader in Canada

Retrieved on: 
Monday, November 7, 2022

TORONTO, Nov. 7, 2022 /PRNewswire/ -- AXA XL has appointed Stephen White as Alternative Risk and Captives Leader for Canada.

Key Points: 
  • TORONTO, Nov. 7, 2022 /PRNewswire/ -- AXA XL has appointed Stephen White as Alternative Risk and Captives Leader for Canada.
  • Mr. White joins AXA XL from Purves Redmond Limited where he led the Alternative Risk Transfer Practice.
  • AXA XL Insurance offers Captives Insurance and Fronting Insurance programs across a wide range of lines to help businesses seeking to self-insure some of their risk.
  • To learn more, visit www.axaxl.com
    1AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting.

Creatd Adds Structured Product Expertise to its Board of Directors with the Appointment of Peter Majar

Retrieved on: 
Thursday, November 3, 2022

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) ("Creatd" or the "Company"), a creator-first holding Company is pleased to announce the appointment of Peter Majar to its board of directors.

Key Points: 
  • NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) ("Creatd" or the "Company"), a creator-first holding Company is pleased to announce the appointment of Peter Majar to its board of directors.
  • Mr. Majar will serve as the Chair of the Board's Compensation and Audit Committees, as well as lend his extensive management consulting expertise to the Company's C-Suite and Board of Directors.
  • Creatd, Inc. (OCTQB CM: CRTD) is a company dedicated to unlocking creativity for creators, brands, and consumers.
  • We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.

Solace and Gravitee.io Form Strategic Partnership to Deliver Next-Generation Event-Native API Management Platform

Retrieved on: 
Tuesday, October 25, 2022

SAN JOSE, Calif., Oct. 25, 2022 /PRNewswire/ -- 2022 API World -- Gravitee.io, the open-source API management platform, and Solace, the leading enabler of event-driven architecture for real-time enterprises, today announced a strategic partnership that will see the companies bring to market a unified API management experience for synchronous RESTful and asynchronous event-driven APIs.

Key Points: 
  • This threatens the ability of IT to deliver innovations at the pace of business change.
  • *
    To meet this need, Gravitee and Solace have agreed to integrate Gravitee's event-native API management platform with Solace's event streaming and event management platform.
  • As part of its commitment to helping API Management vendors modernize their offerings, Solace will soon be launching a partner program for API Management vendors looking to integrate their solutions with Solace's EDA platform.
  • By understanding customers' connectivity challenges and anticipating their needs, we provide the most intuitive platform for end-to-end API lifecycle management.

William Blair Expands Award-Winning Institutional Sales, Trading, and Research Team With Addition of Six Senior Hires

Retrieved on: 
Monday, October 17, 2022

The new hires follow a period of sustained growth for William Blairs equities team and mark the launch of the firms first energy and sustainability research vertical .

Key Points: 
  • The new hires follow a period of sustained growth for William Blairs equities team and mark the launch of the firms first energy and sustainability research vertical .
  • On the firms trading desk, William Blair has added Keith Peterson and Glen Sulam as managing directors.
  • In addition to the groups new hires, William Blairs sales, trading, and research team recently earned seven No.
  • Our dedication to providing exceptional service and research-driven insights for our clients is what continues to distinguish William Blair.

SMBC Appoints Rick Davison as Chief Financial Officer

Retrieved on: 
Tuesday, October 4, 2022

SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.

Key Points: 
  • SMBC, a member of SMBC Group, today announced the appointment of Rick Davison as Chief Financial Officer for the Americas.
  • Hirofumi Otsuka, CEO of SMBC Group in the Americas and President & CEO of SMBC Americas Holdings, Inc., said, Rick brings to SMBC a superior track record of delivering results and creating and enhancing business and shareholder value.
  • Rick will be a strong partner as we execute our strategic plan and improve our operating results to position SMBC for sustainable, long-term growth.
  • Prior to joining SMBC, Rick was the U.S. Chief Financial Officer for the Royal Bank of Canada (RBC), where he was responsible for providing primary oversight in the U.S. on all finance-related areas, including capital adequacy, financial planning, financial and regulatory reporting, and general business advisory.

Solace Launches Event Portal 2.0, Addressing the Biggest Challenges Enterprises Face in Designing, Managing and Governing Event-Driven Architecture at Scale

Retrieved on: 
Tuesday, October 4, 2022

AUSTIN, Texas, Oct. 4, 2022 /PRNewswire/ -- Solace, the leading enabler of event-driven architecture for real-time enterprises, today announced version 2.0 of PubSub+ Event Portal, the first-of-its-kind product that created the event management category in 2020.

Key Points: 
  • Enterprises worldwide are embracing event-driven architecture (EDA) to become more agile and real-time in their operations and customer interactions.
  • Establish an event portal where users of event streams can discover events, understand their functionality, and subscribe.
  • "*
    Until now, there hasn't been a single tool for managing applications, events, schemas and objects from design through development, test, and production.
  • "Solace pioneered the event management space with the initial launch of PubSub+ Event Portal in 2020.