Haynes

Celanese Announces New Leadership Appointments to Enhance Value Creation

Retrieved on: 
Monday, November 6, 2023

Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a series of new leadership appointments across its Executive Leadership Team (ELT).

Key Points: 
  • Celanese Corporation (NYSE: CE), a global chemical and specialty materials company, today announced a series of new leadership appointments across its Executive Leadership Team (ELT).
  • “The purpose behind these new appointments within our ELT is to enhance the alignment of our individual strengths and experience to the value-enhancing opportunities at Celanese,” said Lori Ryerkerk.
  • “We thank Lynne for her service to Celanese as our General Counsel for the last five years and wish her well.
  • I thank each of our ELT members for their partnership and commitment to Celanese, and I am confident these changes will immediately enhance the value we will drive as a collective leadership team.”

Hazeltree Appoints Stephanie D. Miller as President and Chief Executive Officer to Accelerate Business Growth

Retrieved on: 
Monday, October 2, 2023

Hazeltree , the leading provider of treasury and liquidity management solutions for the asset management industry, announced today that its Board of Directors has appointed industry veteran Stephanie D. Miller as the company’s president, chief executive officer, and board director.

Key Points: 
  • Hazeltree , the leading provider of treasury and liquidity management solutions for the asset management industry, announced today that its Board of Directors has appointed industry veteran Stephanie D. Miller as the company’s president, chief executive officer, and board director.
  • Stephanie previously led Intertrust Group, a public Dutch Euronext company, as Chief Executive Officer.
  • Stephanie was most recently the Chief Administrative Officer at Gilded, a Miami-based gold trading fintech.
  • “I’m excited to welcome Stephanie to Hazeltree,” said Doug Haynes, Executive Chairman of Hazeltree.

Mars President Anton Vincent Establishes $100K Scholarship at Jackson State University in Honor of His Parents

Retrieved on: 
Wednesday, September 20, 2023

JACKSON, Miss., Sept. 20, 2023 /PRNewswire/ -- When Anton Vincent, President of Mars Wrigley, North America, visited Jackson State University to serve as the keynote speaker for the Spring Graduate Commencement Ceremony, he left more than pearls of wisdom.

Key Points: 
  • JACKSON, Miss., Sept. 20, 2023 /PRNewswire/ -- When Anton Vincent, President of Mars Wrigley, North America, visited Jackson State University to serve as the keynote speaker for the Spring Graduate Commencement Ceremony, he left more than pearls of wisdom.
  • The Jackson native bestowed a generous $100,0000 gift to establish The Pearl and George Vincent Educational Excellence Scholarship in honor of his parents, who served on the faculty for 25 years.
  • "This scholarship is in honor of their commitment, leadership, and legacy in the educational field.
  • Vincent recalls his parents' guidance as educators helped prepare him for a purpose driven life and leadership in a global economy.

Avantax Enters into Definitive Agreement to be Acquired by Cetera Holdings

Retrieved on: 
Monday, September 11, 2023

DALLAS and LOS ANGELES, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Avantax, Inc. (NASDAQ: AVTA) (the “Company”), a leader in tax-focused financial planning and wealth management, and Cetera Financial Group (“Cetera”), the premier financial advisor Wealth Hub, announced today that Avantax and Aretec Group, Inc. d/b/a Cetera Holdings, the holding company of Cetera, have entered into a definitive agreement whereby Cetera Holdings will acquire all of the issued and outstanding equity of Avantax in an all-cash transaction valuing Avantax at approximately $1.2 billion, inclusive of Avantax’s net debt.

Key Points: 
  • Through the transaction, Cetera will retain Avantax’s legal entities, core technology, product offerings and existing clearing and custody relationships.
  • Holders of shares of Avantax common stock will receive $26.00 in cash per share, without interest and subject to required withholding taxes.
  • We are executing against our multi-custodian aspirations, and capturing new markets and adjacencies,” said Adam Antoniades, CEO of Cetera Financial Group.
  • PJT Partners is acting as financial advisor to Avantax, and Sidley Austin LLP and Haynes and Boone, LLP are serving as legal counsel to Avantax.

GLASfunds, a Leading Alternative Investment Platform, Acquires Fund Formation Group

Retrieved on: 
Thursday, September 7, 2023

GLASfunds, a turnkey alternative investment platform and alternative asset management firm, announces today it will acquire Fund Formation Group (“FFG”), a Texas-based firm launching and operating fund structures for RIAs and wealth advisors.

Key Points: 
  • GLASfunds, a turnkey alternative investment platform and alternative asset management firm, announces today it will acquire Fund Formation Group (“FFG”), a Texas-based firm launching and operating fund structures for RIAs and wealth advisors.
  • Founded in 2009, GLASfunds is one of the leading tech-enabled platforms providing investors with secure and streamlined digital access to institutional-quality alternative investment opportunities and asset management oversight.
  • “We saw a real opportunity to amplify the great work Fund Formation Group was already doing for this particular group of RIAs, who were looking to access alternatives in a highly customized way,” said Michael Maroon Jr., Managing Director at GLASfunds.
  • “GLASfunds is democratizing alternative investing for RIAs by making it efficient, streamlined, and scalable, which enables more powerful outcomes for their clients,” said Haynes.

Carefeed Adds Healthcare Veteran as Chief Strategy Officer

Retrieved on: 
Wednesday, August 23, 2023

CINCINNATI, Aug. 23, 2023 /PRNewswire/ -- Carefeed, the leading resident and family engagement platform for the senior living industry, has added Steve Haynes to its leadership team as chief strategy officer.

Key Points: 
  • CINCINNATI, Aug. 23, 2023 /PRNewswire/ -- Carefeed , the leading resident and family engagement platform for the senior living industry, has added Steve Haynes to its leadership team as chief strategy officer.
  • At Carefeed, we make quantum leaps and provide incredible value to our customers and end users," said Terry Wall , CEO and founder of Carefeed.
  • Prior to joining the leadership team, Haynes served as an independent board member at Carefeed.
  • Most recently, Haynes served as the executive vice president of corporate development at ShiftKey, a leading technology-based marketplace for healthcare staffing.

Subway® Announces New Senior Leadership Appointments

Retrieved on: 
Wednesday, August 16, 2023

MIAMI, Aug. 16, 2023 /PRNewswire/ -- Subway, one of the world's largest restaurant brands, has announced leadership transitions that continue to build on the brand's strong momentum and drive its transformation journey. 

Key Points: 
  • Douglas Fry , Country Director of Subway Canada, will assume the role of President of North America, effective September 5.
  • In addition to his strong track record leading Subway Canada, Fry brings more than 20 years of restaurant and consumer packaged goods experience to the position, previously holding senior leadership roles at McDonald's, Recipe Brands and Kraft Heinz.
  • In addition, Subway has promoted Cristina Wells as Senior Vice President of U.S. Marketing.
  • The brand also remains focused on smart growth to boost franchisee profitability and protect its position in the market globally.

BlockFi’s Disclosure Statement Conditionally Approved by Court

Retrieved on: 
Thursday, August 3, 2023

BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States Bankruptcy Court for the District of New Jersey (“the Court”) on August 2, 2023.

Key Points: 
  • BlockFi Inc. and certain of its affiliates (“BlockFi” or “the Company”) today announce that its Disclosure Statement was conditionally approved by the United States Bankruptcy Court for the District of New Jersey (“the Court”) on August 2, 2023.
  • BlockFi’s Chapter 11 Plan (“Plan”) maximizes recovery for clients and provides for the quickest possible distributions to clients.
  • BlockFi’s eligible creditors have the opportunity to vote in favor of the Plan and will receive BlockFi’s Disclosure Statement and Plan, detailed voting instructions, and additional important information.
  • Capitalized terms used that are not otherwise defined herein shall have the meanings given to them in the Plan and Disclosure Statement.

SmartRent Expands Product Line to Include the Smart Package Room® Solution

Retrieved on: 
Wednesday, August 2, 2023

SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart home and property operations solutions for the rental housing industry, has expanded its product line to include the innovative Smart Package Room® system — a true smart package management solution — that transforms package visibility, reduces labor demands, optimizes storage space and enhances resident satisfaction.

Key Points: 
  • SmartRent , Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart home and property operations solutions for the rental housing industry, has expanded its product line to include the innovative Smart Package Room® system — a true smart package management solution — that transforms package visibility, reduces labor demands, optimizes storage space and enhances resident satisfaction.
  • View the full release here: https://www.businesswire.com/news/home/20230802966023/en/
    The Smart Package Room® system transforms package visibility, reduces labor demands, optimizes storage space and enhances resident satisfaction.
  • (Photo: Business Wire)
    Smart Package Room ® complements SmartRent’s smart home line, expands the Company’s product offerings and solves a long-standing pain point for rental housing operators.
  • Using patented, proprietary advanced package tracking technologies, the comprehensive Smart Package Room® solution guides couriers through the package log-in process and automatically directs residents to their packages, relieving the package burden from on-site associates.

EY Announces Sheldon Arora of LiquidAgents Healthcare as an Entrepreneur Of The Year® 2023 Southwest Award Winner

Retrieved on: 
Tuesday, June 27, 2023

PLANO, Texas, June 27, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) announced that Sheldon Arora of LiquidAgents Healthcare was named an Entrepreneur Of The Year® 2023 Southwest Award winner. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. Sheldon Arora was selected by an independent judging panel made up of previous award winners, leading CEOs, investors and other regional business leaders. The candidates were evaluated based on their demonstration of building long-term value through entrepreneurial spirit, purpose, growth and impact, among other core contributions and attributes.

Key Points: 
  • PLANO, Texas, June 27, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) announced that Sheldon Arora of LiquidAgents Healthcare was named an Entrepreneur Of The Year® 2023 Southwest Award winner.
  • Sheldon Arora was selected by an independent judging panel made up of previous award winners, leading CEOs, investors and other regional business leaders.
  • "I am deeply honored to receive this prestigious award and grateful to Ernst & Young for the recognition," said Sheldon Arora, CEO of LiquidAgents Healthcare.
  • As a Southwest award winner, Sheldon Arora is now eligible for consideration for the Entrepreneur Of The Year 2023 National Awards.