Interim

Sensata Technologies Announces CEO Transition, Governance Enhancements

Retrieved on: 
Monday, April 29, 2024
Engineering, Automotive, Automotive Manufacturing, General Automotive, Aerospace, Manufacturing, Off-Road Trucks & SUVs, Cooperation, Committee, Interim, Management

Sensata Technologies Holding plc (NYSE: ST) today announced that Jeff Cote, Chief Executive Officer and President of Sensata Technologies, has informed the Board of Directors of his intention to retire as CEO and President and step down as a member of the Sensata Board, effective April 30, 2024.

Key Points: 
  • Sensata Technologies Holding plc (NYSE: ST) today announced that Jeff Cote, Chief Executive Officer and President of Sensata Technologies, has informed the Board of Directors of his intention to retire as CEO and President and step down as a member of the Sensata Board, effective April 30, 2024.
  • The Board of Directors has appointed Martha Sullivan as Interim President and CEO and has established a CEO Search Committee to identify a new permanent CEO.
  • Regarding Jeff Cote’s decision to retire, Sensata Chairman Andrew C. Teich said, “Sensata is a strong, profitable business that is well-positioned for a bright future in an increasingly electrified world.
  • Mr. Eyler will serve on the CEO Search Committee and the Nominating and Governance Committee when he joins the Board on July 1, 2024.

Fulton Financial Corporation Acquires Substantially All of the Assets and Assumes Substantially All of the Deposits of Republic First Bank From the FDIC

Retrieved on: 
Saturday, April 27, 2024
Banking, Professional Services, Finance, Oliver Cromwell, Fulton Financial Corporation, Corporation, Conversation, Republic Bank, Federal Deposit Insurance Corporation, Comptroller, Republic, FULT, Security (finance), Insurance, Result, Risk, Michael J. Hsu, Analysis, BofA Securities, ATM, Interim, Currency, Sullivan & Cromwell, Cryptocurrency

Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.

Key Points: 
  • Fulton Financial Corporation (NASDAQ: FULT) (the “Corporation”) today announced that its bank subsidiary, Fulton Bank, N.A.
  • (“Fulton”), has acquired substantially all of the assets and assumed substantially all of the deposits of Republic First Bank, doing business as Republic Bank (“Republic Bank”), from the Federal Deposit Insurance Corporation (the “FDIC”).
  • Republic Bank depositors will become Fulton depositors and do not need to change their banking relationship to retain their federally insured deposit insurance coverage.
  • Beginning as early as tomorrow, former Republic Bank financial centers will reopen as Fulton with their regularly scheduled operating hours.

ONWARD® Medical Announces Publication of Full Year 2023 Financial Results and Business Update Webcast

Retrieved on: 
Thursday, April 11, 2024
SCI, ARC, BCI, Euronext, Webcast, Movement, Interim, Broadcasting

EINDHOVEN, the Netherlands, April 11, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces that it will publish Full Year 2023 Financial Results and host a webcast to discuss business highlights.

Key Points: 
  • EINDHOVEN, the Netherlands, April 11, 2024 (GLOBE NEWSWIRE) -- ONWARD Medical N.V. (Euronext: ONWD), the medical technology company creating innovative spinal cord stimulation therapies to restore movement, function, and independence in people with spinal cord injury (SCI), today announces that it will publish Full Year 2023 Financial Results and host a webcast to discuss business highlights.
  • The webcast will be held on April 25, 2024, at 2:00PM CET / 08:00AM ET.
  • It will be hosted by CEO Dave Marver and Interim CFO Khaled Bahi, who will discuss highlights from 2023 and provide a business update.
  • Participants may also join by phone:
    A recording of the webcast will be available on the Company’s website following the live event.

Luminosity Partners with Kroger to Launch the Luminosity Invitational Presented by Kroger Gaming

Retrieved on: 
Thursday, April 11, 2024
Team Liquid, Super Smash Bros., Luminosity Gaming, Kroger, EGLX, Luminosity, Blackhawk Network Holdings, TSX, Partnership, Enthusiasm, Interim, Super Smash Bros. Ultimate, Gaming, Video game

LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, is pleased to announce that Luminosity Gaming, the Company’s gaming and esports brand, will be hosting a live in-person Super Smash Bros Ultimate invitational event in partnership with Kroger and Blackhawk Network.

Key Points: 
  • LOS ANGELES, April 11, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, is pleased to announce that Luminosity Gaming, the Company’s gaming and esports brand, will be hosting a live in-person Super Smash Bros Ultimate invitational event in partnership with Kroger and Blackhawk Network.
  • The event will be commentated by Luminosity content creators Maximillian ‘MaxKetchum’ Krchmar and Phillip ‘EE’ Stewart, and live streamed directly on Luminosity Gaming’s Twitch and YouTube channels.
  • The announcement alone of the Luminosity Invitational Presented by Kroger Gaming had already generated hundreds of thousands of views within the first 24 hours.
  • “This custom event showcases the value of fostering deep relationships with engaged communities,” said Adrian Montgomery, Interim CEO and Board Chair of Enthusiast Gaming.

Traction Uranium Corp. Appoints Paul Gorman as Interim Chief Executive Officer and Director

Retrieved on: 
Thursday, April 11, 2024
Uranium, OTC, TRAC, Interim, FRA

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce the appointment of Paul Gorman as Interim Chief Executive Officer and Director of the Company.

Key Points: 
  • CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTC: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce the appointment of Paul Gorman as Interim Chief Executive Officer and Director of the Company.
  • Paul founded Mega Graphite Inc. in 2009 and has served as chief executive for three other companies.
  • The appointment of Mr. Gorman follows the resignation of Lester Esteban as Chief Executive Officer for the Company.
  • The Company would like to thank Mr. Esteban for his contributions as Chief Executive Officer for Traction.

Theratechnologies Reports Financial Results and Provides Business Update for First Quarter 2024

Retrieved on: 
Wednesday, April 10, 2024
FDA, Conversation, Investment, Element, International Financial Reporting Standards, Classification, EDGAR, AACR, Corporation, MRC, Uncertainty, Financial statement, Pharmacy, Chair, International, Fiscal, Depreciation, Immunotherapy, MD, PDC, Patient, CFA, Interim, Adjustment, Credit, Growth

For the first quarter of Fiscal 2024, sales of EGRIFTA SV® reached $9,586,000 compared to $12,711,000 in the first quarter of the prior year, representing a decrease of 24.6%.

Key Points: 
  • For the first quarter of Fiscal 2024, sales of EGRIFTA SV® reached $9,586,000 compared to $12,711,000 in the first quarter of the prior year, representing a decrease of 24.6%.
  • EGRIFTA SV® sales were also impacted by larger government rebates and returns in the first quarter of fiscal 2024.
  • In the first quarter of Fiscal 2024, Trogarzo® sales amounted to $6,661,000 compared to $7,197,000 for the same quarter of 2023, representing a decrease of 7.4%.
  • Adjusted EBITDA was $(247,000) for the first quarter of fiscal 2024 compared to $(3,892,000) for the same period of 2023.

Investcorp Corsair Appoints John D. Porcari as Managing Director for Public Policy and Partnerships

Retrieved on: 
Wednesday, April 24, 2024
Professional Services, Logistics, Supply Chain Management, Transport, Finance, Construction & Property, Asset Management, Urban Planning, Public sector, Public policy, University, Gateway, CFO, Investment, Presidency of Barack Obama, Federation, State, Investcorp, Barack Obama, State government, Senate, Knowledge, Vantage Airport Group, Engineering, WSP, Economic development, Interim, Aviation, Management

Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a leading global infrastructure investment firm, announced today that it has appointed John D. Porcari as Managing Director for Public Policy and Partnerships.

Key Points: 
  • Investcorp Corsair Infrastructure Partners (“Investcorp Corsair”), a leading global infrastructure investment firm, announced today that it has appointed John D. Porcari as Managing Director for Public Policy and Partnerships.
  • As Managing Director, Mr. Porcari will be responsible for originating new investment opportunities across the transportation, logistics and associated sectors, with a particular focus on large-scale public-private partnership transactions.
  • In addition, Mr. Porcari will continue to focus on maintaining and strengthening Investcorp Corsair’s relationships with important public sector stakeholders, including regulators and counterparts across Local, State and Federal Government.
  • We look forward to working more closely with John as we enter this exciting phase in Investcorp Corsair’s development and are confident that all our stakeholders will benefit from his considerable knowledge and experience.”
    “I am delighted by the opportunity presented by this new role at Investcorp Corsair,” added John D. Porcari, Managing Director for Public Policy and Partnerships at Investcorp Corsair.

Forward Air Announces Leadership Transition

Retrieved on: 
Tuesday, April 23, 2024
Trucking, Transport, Logistics, Supply Chain Management, Other Transport, Shawn, USS, CEVA Logistics, USS Inchon, United States Navy, Growth, Navy, NPS, USS Theodore Roosevelt, Independent, CEVA, Interim, Management

Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024.

Key Points: 
  • Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024.
  • During his tenure at CEVA Logistics, a global end-to-end logistics company, Mr. Stewart held numerous leadership positions and most recently served as President and Managing Director, North America.
  • We look forward to working with Shawn to inspire and lead our teams into the next phase of growth for the newly combined company.
  • “I have been impressed by the resilience both teams have demonstrated in a challenging market and during a protracted transition period.

Aubex Therapeutics Launches to Revolutionize Cancer Treatment with Novel Compounds directed toward the Tumor Microenvironment

Retrieved on: 
Tuesday, April 23, 2024
Biotechnology, Health, Oncology, Cancer, Pancreatic cancer, Tumor microenvironment, Breast, SCC, Patient, Fibrosis, Interim, Therapy, Quality of life, TME, Lung cancer, Pharmaceutical industry

Under the guidance of Board Member and Interim CEO, Jeffrey Glazer , Aubex’s initial program is focused on novel compounds aimed at transforming the treatment of solid tumor malignancies through a unique approach to modifying the tumor microenvironment (TME).

Key Points: 
  • Under the guidance of Board Member and Interim CEO, Jeffrey Glazer , Aubex’s initial program is focused on novel compounds aimed at transforming the treatment of solid tumor malignancies through a unique approach to modifying the tumor microenvironment (TME).
  • The launch of Aubex Therapeutics marks a pivotal moment in the ongoing effort to develop more effective cancer treatments.
  • Headquartered in San Diego, CA, Aubex Therapeutics, Inc. is a biotechnology leader dedicated to advancing oncology treatment.
  • Guided by industry veterans, Aubex focuses on novel therapies that improve the dynamics of the tumor microenvironment.

Spotify Technology S.A. Releases Financial Results for First Quarter 2024

Retrieved on: 
Tuesday, April 23, 2024
Data Management, Podcast, Music, Technology, Mobile Entertainment, Entertainment, Other Technology, Apps, Applications, Software, Mobile, Wireless, Other Entertainment, Interim, Webcast

Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the first quarter of 2024 today.

Key Points: 
  • Spotify Technology S.A. (NYSE: SPOT) has released its financial results for the first quarter of 2024 today.
  • Please visit investors.spotify.com to view the Shareholder Deck and other supplemental materials.
  • As previously announced, the company will host a live question and answer session to discuss first quarter 2024 financial results at 8:00 a.m. Eastern Time.
  • Daniel Ek, our Founder and Chief Executive Officer, and Ben Kung, our Interim Chief Financial Officer, will be on hand to answer questions submitted through slido.com using the event code #SpotifyEarningsQ124.