McFarland

Talen Energy Announces Senior Leadership Changes

Retrieved on: 
Friday, June 23, 2023
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HOUSTON, June 23, 2023 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today changes to its senior leadership team.

Key Points: 
  • HOUSTON, June 23, 2023 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today changes to its senior leadership team.
  • The changes are aimed to strengthen key areas within Talen so that it is better positioned to drive future value creation.
  • "I look forward to working with our leadership team and Board to position Talen for the future.
  • Talen's senior leadership team includes the following members, each reporting to CEO Mac McFarland and effective immediately unless otherwise stated.

Talen Energy Corporation Announces Successful Completion of Strategic Restructuring Transactions

Retrieved on: 
Wednesday, May 17, 2023
LLP, Communication, Note, GenOn Energy, Plan, Talen, Kirkland & Ellis, Talen Energy, White & Case, TES, Risk management, Carbon, Rothschild, Exelon, Public expenditure, Rothschild & Co, Title 11 of the United States Code, Kroll, United, Hand, White, California Resources Corporation, Safety, McFarland, Security (finance), Bank, Management

HOUSTON, May 17, 2023 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today that it, along with its applicable debtor subsidiaries, has successfully consummated the strategic transactions contemplated by its chapter 11 plan of reorganization (the "Plan") and completed its restructuring. Supported by a new equity owner group, the Company has significantly reduced its debt and strengthened its balance sheet, making it well-positioned for future value creation.

Key Points: 
  • The Plan and the foregoing debt and equity financing transactions resulted in an approximately $2.7 billion reduction in TES' debt.
  • Mr. McFarland has extensive experience in the power industry, most recently serving as President and Chief Executive Officer of California Resources Corporation.
  • He previously held leadership roles with GenOn Energy, Luminant Holding Company LLC, and Exelon Corporation.
  • Our team appreciates the support of our Board, equity owners, lenders, and investors as we position Talen for the future."

Pro Football Hall of Fame and Sunflower Health Plan Focus on Mental Health, Suicide Prevention at 'Strong Youth Strong Communities' Youth Summits

Retrieved on: 
Tuesday, May 9, 2023
Partnership, Friends, Olathe USD 233, Athlete, Student, Pro Football Hall of Fame, Hall, System, Mental health, Family, Pro, McFarland, Tourism, Nursing, Green, Fame

LENEXA, Kan., May 9, 2023 /PRNewswire/ -- The Pro Football Hall of Fame and Sunflower Health Plan, in partnership with Olathe Public Schools, KidsTLC and other statewide partners, recently hosted the "Strong Youth Strong Communities" (SYSC) Youth Summits in Olathe.

Key Points: 
  • LENEXA, Kan., May 9, 2023 /PRNewswire/ -- The Pro Football Hall of Fame and Sunflower Health Plan , in partnership with Olathe Public Schools, KidsTLC and other statewide partners, recently hosted the "Strong Youth Strong Communities" (SYSC) Youth Summits in Olathe.
  • As Kansas has an alarming rate of student suicides, the summits focused on mental health and suicide prevention, with the pro athletes sharing real-life stories, life lessons and methods for success.
  • "Today's youth are pretty well in touch with their mental health, but this age group needs all the tools we can offer," said Michael Stephens, Plan President and CEO, Sunflower Health Plan.
  • We're honored to work with the Pro Football Hall of Fame and our community partners to have these conversations with local students, so they can prioritize and improve their mental health."

Talen Energy Corporation Announces CEO Transition Plan; FERC and NRC Regulatory Approvals

Retrieved on: 
Wednesday, April 5, 2023
Plan, Bankruptcy, GenOn Energy, University, Senior, Kirkland & Ellis, Talen Energy, State university system, McFarland, TES, Carbon, Luminant, Rothschild, Exelon, Rothschild & Co, Business administration, Energy Future Holdings, Title 11 of the United States Code, Kroll, Biophysical environment, CFO, United States bankruptcy court, Cumulus cloud, California Resources Corporation, Virginia Tech, Master of Business Administration, Corporate development, Management, Talen

HOUSTON, April 5, 2023 /PRNewswire/ -- Today, Talen Energy Corporation ("Talen" or "the Company") reported that CEO Alejandro "Alex" Hernandez announced his departure effective as of the date that Talen closes the strategic transactions contemplated by its chapter 11 plan of reorganization (the "Plan") and completes its restructuring. The Plan includes the infusion of new equity capital pursuant to a common equity rights offering of up to $1.55 billion (the "Equity Rights Offering"). The Equity Rights Offering is backstopped by various leading financial institutions that hold approximately $1.1 billion of Talen Energy Supply's ("TES") existing unsecured notes and will, in the aggregate, hold the substantial majority of the equity of Talen upon consummation of the Plan. The Plan and Equity Rights Offering investment achieves an approximately $3 billion reduction in TES' debt, provides for full repayment of TES' first lien funded debt, and the consensual equitization of all of TES' existing unsecured notes.

Key Points: 
  • Mr. Hernandez has served as CEO since 2021, President and Director of the Company since 2019, and previously as CFO from 2016 through 2021.
  • "I thank Alex for his leadership in guiding Talen successfully through the recapitalization and restructuring process.
  • We welcome Mac McFarland to Talen and look forward to a successful and orderly transition," commented incoming Talen Board Chairman Stephen Schaefer.
  • We formed the Cumulus growth business, which is driving the convergence between digital infrastructure assets and carbon free energy.

Lancium Adds Senior Leaders to Accelerate Growth of Power Orchestration Offerings

Retrieved on: 
Monday, March 27, 2023
Channel, Genius (company), Iron Mountain, Dell, Health, Wyse, Sale, Ali, Seagate Technology, BEA Systems, Growth, OEM, Dell Technologies, McFarland, Renewable energy

"We are excited to welcome Ali and Scott to the Lancium team," said Michael McNamara, co-founder and CEO of Lancium.

Key Points: 
  • "We are excited to welcome Ali and Scott to the Lancium team," said Michael McNamara, co-founder and CEO of Lancium.
  • "We have seen significant interest in Lancium's power orchestration solutions from a wide range of industries.
  • Prior to ITRenew, Ali held senior leadership positions at Seagate Technology, Genius.com, Wyse Technology, and BEA Systems, after beginning her career as an investment banker.
  • "Lancium's solution uniquely balances the needs of massive scale workloads, the growth of renewable power generation and the stability of the power grid to the benefit of all stakeholders," said Fenn.

Lifetime Achievement Recipient Announced: Wheaton World Wide Moving Driver Among Best in Moving Industry

Retrieved on: 
Thursday, March 9, 2023
Speech, McFarland, Month, Lifetime Achievement Emmys, Alcorn State University, Video game, Operation

Indianapolis, Indiana--(Newsfile Corp. - March 9, 2023) - Wheaton World Wide Moving held its fourth annual Van Line Summit & Awards Gala on Thursday, March 2, during which Wheaton Vice President of Operations, Kevin Miller, announced Curtis McFarland as the winner of the van line's annual Lifetime Achievement award.

Key Points: 
  • Indianapolis, Indiana--(Newsfile Corp. - March 9, 2023) - Wheaton World Wide Moving held its fourth annual Van Line Summit & Awards Gala on Thursday, March 2, during which Wheaton Vice President of Operations, Kevin Miller, announced Curtis McFarland as the winner of the van line's annual Lifetime Achievement award.
  • In his more than 30 years driving and directing crews for Wheaton, McFarland has outlasted multiple van line presidents and CEOs.
  • McFarland has earned multiple Wheaton Driver of the Month awards over the years, including in 1991 and in 2018.
  • He is a valuable member of the Wheaton team and is highly deserving of the Lifetime Achievement award.

BLD Marketing Generates Ongoing Growth, Prepares for 2023 Office Expansion to Accommodate Momentum

Retrieved on: 
Thursday, March 16, 2023
Carnegie Science Center, Interior, SEO, Schmit, Carlow University, Northside, IBS, International Builders' Show, Growth, Jones, McFarland, Public Relations Society of America, Marketing, Social media, SAF, PRSA, BLD

PITTSBURGH, March 16, 2023 /PRNewswire/ -- BLD Marketing, a results-based, digital-first, full-service strategic marketing agency serving the building materials category exclusively throughout North America and abroad, is marking another period of substantial growth at the start of 2023 more than three years after the agency's rebranding. Formerly LarsonO'Brien, the firm changed its name to BLD Marketing in late 2019 to reflect its ongoing emphasis on the building materials category. In that same period that included a global pandemic, the agency has doubled its staff size and has nearly doubled its revenue.

Key Points: 
  • Formerly LarsonO'Brien, the firm changed its name to BLD Marketing in late 2019 to reflect its ongoing emphasis on the building materials category.
  • "BLD Marketing's business continues to grow as clients embrace our deep expertise in the building materials sector," noted David Sladack, president of BLD Marketing.
  • As part of its growth, BLD Marketing has also welcomed new team members:
    Jeff Jones returned to BLD Marketing in December 2022 as director of account management.
  • "From recent industry recognition to new accounts and new team members, BLD Marketing has sustained plenty of momentum while continuing to offer best-of-breed solutions to help our clients optimize their digital marketing ecosystems ," said Garrett Andrae, creative director for BLD Marketing.

Goldman Sachs Releases National NIL Advertisement Featuring College Basketball Stars Calling for Modernization of Small Business Administration

Retrieved on: 
Wednesday, March 15, 2023
Professional Services, Basketball, Sports, Small Business, Finance, Licensing (Sports), Banking, Small Business Administration, Bipartisan Policy Center, Goldman, Support, Love, MD, Century, Partnership, Congress, Advertising, National Directorate of Security, Small business, Government, University of Iowa, NIL, SBA, Geography, McFarland, Marketing, Goldman Sachs, Policy, NCAA Division I men's basketball tournament, University, University of North Carolina, Financial adviser

During March Madness, University of Iowa women’s basketball player Caitlin Clark and University of North Carolina men’s basketball player Caleb Love are starring in a new, national name, image, likeness (NIL) ad sponsored by Goldman Sachs 10,000 Small Businesses Voices to call for the modernization of the Small Business Administration (SBA).

Key Points: 
  • During March Madness, University of Iowa women’s basketball player Caitlin Clark and University of North Carolina men’s basketball player Caleb Love are starring in a new, national name, image, likeness (NIL) ad sponsored by Goldman Sachs 10,000 Small Businesses Voices to call for the modernization of the Small Business Administration (SBA).
  • The ad also features Iman McFarland, a former women’s college basketball player, owner of 21st Century Expo Group in Prince George’s County, MD and an alumna of the Goldman Sachs 10,000 Small Businesses program.
  • “It’s been more than 20 years since Congress reauthorized the Small Business Administration,” said McFarland.
  • Specifically, the report urges policy makers to:
    Close small business financing gaps across race, gender, age, and geography to help small businesses reach their full economic potential;
    Improve small business participation in the federal procurement marketplace; and
    Support 21st Century small business development as effectively as possible, including improved customer service, marketing and technical assistance.

TWO NEW SALES AND MARKETING HIRES JOIN LANDSEA HOMES' GROWING FLORIDA DIVISON

Retrieved on: 
Monday, February 27, 2023
Marketing, Florida Division of Alcoholic Beverages and Tobacco, Region, Housing, Builder, Toll Brothers, McFarland, Beazer Homes USA, Newport, Airline, Central Florida

NEWPORT BEACH, Calif., Feb. 27, 2023 /PRNewswire/ -- Landsea Homes Corporation (Nasdaq: LSEA) ("Landsea Homes" or the "Company"), a publicly traded residential homebuilder, announced today that Megan Bakel will serve as Vice President of Sales and Marketing and Dan McFarland as Director of Sales for the company's rapidly growing Florida Division.

Key Points: 
  • "As Landsea Homes continues to secure its position as the leading homebuilder in Central Florida, we're well positioned with Megan on board to oversee sales and marketing efforts for the division," said Jeff Wochner, Central Florida Division President, Landsea Homes.
  • She joins Landsea Homes from Ryan Homes, where she most recently served as Regional Marketing Manager for the company's Orlando and Jacksonville markets.
  • Dan McFarland will serve as Director of Sales for the Florida Division and will manage all sales operations for the division.
  • Prior to joining Landsea Homes, McFarland most recently served as Vice President of Sales for Beazer Homes' Florida Division.

California Resources Corporation Initiates Strategic Realignment of Business Operations and Corporate Structure to Maximize Cash Flow Per Share

Retrieved on: 
Friday, February 24, 2023
Oil, Gas, Energy, Carbon, California Resources Corporation, Knowledge, Hand, NYSE, PT, Partnership, Maintenance, GAAP, CTV, CMB, Mac, Cost reduction, McFarland, Petroleum & Resources Corporation, Growth, CRC, CFO, Brookfield Renewable Partners, Corporate structure, Management, Risk management, Renewable energy

California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced today a strategic realignment of the Company’s business operations and structure.

Key Points: 
  • California Resources Corporation (NYSE: CRC) (“CRC” or the “Company”) announced today a strategic realignment of the Company’s business operations and structure.
  • In conjunction with this strategic realignment, the Company also announced that Francisco Leon, currently Chief Financial Officer, will succeed Mark A.
  • Accelerate Carbon Management Business - CRC will manage its carbon management business on a standalone basis over time, providing the flexibility to consider strategic options including a potential separation from the E&P business.
  • Leadership Changes - With the revised corporate structure, Mr. Leon will assume the CEO position, effective at the Company’s Annual Meeting.