Carvana

eSTART Coalition Launches to Help Modernize Automotive Title and Registration Processes

Retrieved on: 
Wednesday, March 13, 2024

Leading organizations from across the automotive industry today announced the formation of the Electronic Secure Title and Registration Transformation (eSTART) Coalition.

Key Points: 
  • Leading organizations from across the automotive industry today announced the formation of the Electronic Secure Title and Registration Transformation (eSTART) Coalition.
  • The eSTART Coalition is a group of stakeholders with a shared belief in the value of modernizing title and registration processes across the country.
  • eSTART is focused on driving these improvements by working with government decision-makers to advocate for modern solutions to replace the paper-based processes that currently dominate state and local DMV operations.
  • For more information about the coalition or to join, please visit www.estartcoalition.org or contact [email protected] .

Seth Schuknecht Appointed General Counsel, Corporate Secretary and Chief Compliance Officer of Cavco Industries, Inc.

Retrieved on: 
Friday, February 2, 2024

PHOENIX, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") is pleased to announce that effective February 13, 2024, Seth Schuknecht will be the company’s Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer.

Key Points: 
  • PHOENIX, Feb. 02, 2024 (GLOBE NEWSWIRE) -- Cavco Industries, Inc. (Nasdaq: CVCO) ("we," "our," the "Company" or "Cavco") is pleased to announce that effective February 13, 2024, Seth Schuknecht will be the company’s Executive Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer.
  • Mr. Schuknecht brings a strong background in securities law, corporate governance, mergers and acquisitions, regulatory compliance, risk management and complex commercial transactions.
  • Before attending law school, he served in the United States Navy as an officer and Naval Aviator from 1999 to 2009.
  • “I’m very excited to welcome Seth to Cavco,” said Bill Boor, Cavco President and CEO.

Torq Achieves 300% Revenue Growth and 500% Customer Growth Across 2023, and Raises $120m Total Funding, Setting Up Aggressive Scale and Innovation for 2024

Retrieved on: 
Tuesday, January 23, 2024

Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.

Key Points: 
  • Torq’s significantly increasing customer momentum included the signing of major new logos, including Blackstone, Carvana, Deepwatch, Nubank, Riskified, Rivian, Telefonica, and ZoomInfo.
  • In addition, Torq announced the new Torq Partner Acceleration and Torq For MDR programs.
  • Together, Morris, Jeter, and Muir are helping propel Torq into its next phase of aggressive growth and shaping the company’s strategic approach to maximize pipeline, customer engagement, and brand and partner reach.
  • Instead, Torq offers its partner ecosystem–including Optiv, Guidepoint, Trace3, Stratascale, and TD Synnex–a customer outcome-based tiering system.

DataGrail Adds Three Powerhouse Leaders to its Exec Team as it Delivers on its Mission to Transform How Brands Manage Data Privacy

Retrieved on: 
Thursday, January 18, 2024

Brinkman is charged with building solutions that transform how brands manage data privacy.

Key Points: 
  • Brinkman is charged with building solutions that transform how brands manage data privacy.
  • The company rounded out its executive team on the heels of its first annual DataGrail Summit , where leaders across legal, security, and privacy convened to discuss the future of data privacy.
  • DataGrail guides brands from a reactive, inconsistent, and manual data privacy posture to a proactive and fully automated program.
  • DataGrail’s products are powered by Risk Intelligence that enables brands to automate and scale effective privacy programs to reduce business risk.

THE PICKLR AND PICKLEBALL INC. ANNOUNCE STRATEGIC PARTNERSHIP

Retrieved on: 
Thursday, January 25, 2024

KAYSVILLE, Utah, Jan. 25, 2024 /PRNewswire/ -- Pickleball Inc., parent company to the largest pickleball brands in the world including the Carvana Professional Pickleball Association (PPA Tour), Pickleball Central, Pickleball Brackets/Pickleball Tournaments, PickleballTV, Pickleball.com and TopCourt has entered into a strategic partnership with The Picklr, North America's fastest-growing indoor pickleball facility. The partnership includes a significant investment from Pickleball Inc. into The Picklr, a collaborative promotional campaign from Pickleball Inc., integration of Pickleball Central pro shops and much more that will drive franchise growth and memberships at Picklr locations.

Key Points: 
  • Pickleball Inc. Will Make Significant Investment In The Picklr, The Leader Of Indoor Pickleball Facilities
    Partnership Includes Brick And Mortar Pickleball Central Stores At Every Picklr Location And Exclusive Utilization Of Pickleball Inc. Software for Picklr Programming
    KAYSVILLE, Utah, Jan. 25, 2024 /PRNewswire/ -- Pickleball Inc., parent company to the largest pickleball brands in the world including the Carvana Professional Pickleball Association (PPA Tour) , Pickleball Central , Pickleball Brackets / Pickleball Tournaments , PickleballTV , Pickleball.com and TopCourt has entered into a strategic partnership with The Picklr , North America's fastest-growing indoor pickleball facility.
  • The partnership includes a significant investment from Pickleball Inc. into The Picklr, a collaborative promotional campaign from Pickleball Inc., integration of Pickleball Central pro shops and much more that will drive franchise growth and memberships at Picklr locations.
  • A key component of this partnership is the integration of brick and mortar Pickleball Central stores at every current and future Picklr location.
  • "Pickleball Inc. is the one-stop ecosystem for all things pickleball - from commerce to play to instruction and more - and this fantastic partnership with The Picklr broadens our reach to serve pickleball players and fans better than ever before," said Connor Pardoe, CEO of Pickleball, Inc. "In the quickly-growing world of pickleball, The Picklr stands out as the premium brand for state-of-the-art facilities.

Nxu Announces CFO Transition

Retrieved on: 
Tuesday, December 5, 2023

Nxu has appointed Sarah Wyant, its current Vice President of Finance, as Interim Chief Financial Officer.

Key Points: 
  • Nxu has appointed Sarah Wyant, its current Vice President of Finance, as Interim Chief Financial Officer.
  • “Nxu has built a strong bench of talent on the finance team, with deep experience in public company operations and capital markets expertise.
  • “As I continue to partner with Sarah and her team on this seamless transition throughout the first quarter of next year, I am confident in the future of Nxu.
  • Wyant brings almost 20 years of experience in corporate accounting and finance, cross-functional team leadership, and business strategy to Nxu.

Chicago Fire FC Kicks Off Multi-Year Partnership with Carvana as Official Online Auto Retailer and Front of Kit Sponsor

Retrieved on: 
Tuesday, December 12, 2023

Chicago Fire FC and Carvana , an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official Online Auto Retailer and the Presenting Partner of Chicago Fire FC Regular Season.

Key Points: 
  • Chicago Fire FC and Carvana , an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official Online Auto Retailer and the Presenting Partner of Chicago Fire FC Regular Season.
  • View the full release here: https://www.businesswire.com/news/home/20231212417752/en/
    Chicago Fire FC and Carvana, an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official Online Auto Retailer and the Presenting Partner of Chicago Fire FC Regular Season.
  • (Photo: Business Wire)
    “We’re very pleased to welcome Carvana to the Club as our Front of Kit Partner,” said Owner and Chairman, Chicago Fire Football Club Joe Mansueto.
  • "Carvana has served Illinois customers for almost a decade and this new partnership underscores our commitment to the Chicagoland area.

Carvana Launches Same Day Vehicle Delivery Offering to Columbus and Cincinnati Area Residents

Retrieved on: 
Monday, December 11, 2023

Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Columbus and Cincinnati area residents.

Key Points: 
  • Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to Columbus and Cincinnati area residents.
  • Now Central and Southwest Ohio area residents can receive their vehicle within hours of placing an order on Carvana.com.
  • Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state.
  • View the full release here: https://www.businesswire.com/news/home/20231211546954/en/
    Carvana expands same day delivery to Cincinnati and Columbus area residents.

Carvana and Phoenix Rising FC Ink Multi-Year Commitment, Extending Their Winning Streak for a Seventh Season and Beyond

Retrieved on: 
Wednesday, December 6, 2023

Carvana , an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC.

Key Points: 
  • Carvana , an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC.
  • View the full release here: https://www.businesswire.com/news/home/20231206893966/en/
    Carvana Signs Multi-Year Deal with Phoenix Rising FC (Graphic: Business Wire)
    "I am thrilled to once again be extending our partnership with Carvana," said Phoenix Rising FC President, Bobby Dulle.
  • “Carvana takes great pride in extending our partnership with Phoenix Rising FC,” said Ryan Keeton, Chief Brand Officer at Carvana.
  • For more details about the upcoming 2024 season, matches, and youth program offerings, please visit https://www.phxrisingfc.com/

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P5

Retrieved on: 
Wednesday, December 6, 2023

KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P5 (“CRVNA 2023-P5”), a prime auto loan ABS transaction.

Key Points: 
  • KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P5 (“CRVNA 2023-P5”), a prime auto loan ABS transaction.
  • The transaction includes a Class N reserve account which can be used to pay any Class N interest shortfalls.
  • CRVNA 2023-P5, represents the ninth term ABS securitization for Carvana, LLC (“Carvana” or the “Company”) in 2023, the 13th under its prime shelf, and the 27th overall.
  • KBRA considered its operational review of Carvana as well as periodic update calls with the Company.