Federal Executive Boards

SAP Announces Walter Sun as New Global Head of Artificial Intelligence

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Friday, September 1, 2023
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WALLDORF, Germany, Sept. 1, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Walter Sun as Global Head of Artificial Intelligence.

Key Points: 
  • WALLDORF, Germany, Sept. 1, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Walter Sun as Global Head of Artificial Intelligence.
  • Sun joins SAP on September 1 from his current role as vice president of Copilot Applied Artificial Intelligence for business applications at Microsoft.
  • "We are thrilled to welcome Walter Sun, a leader in enterprise AI with a long history of developing and deploying cutting-edge technology to solve key business problems, to SAP," said Thomas Saueressig, Member of the Executive Board of SAP SE for SAP Product Engineering.
  • "As SAP builds on its pole position in Business AI, Walter Sun is the perfect person to ensure we continue innovating to help our customers solve their most pressing problems."

The Inner Circle Acknowledges, Ruth S. Spector as a Pinnacle Life Member for his contributions to the fields of Internal Medicine, Anesthesia, and Critical Care Medicine

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Thursday, August 31, 2023
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GREAT NECK, N.Y., Aug. 31, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Ruth S. Spector, MD, FCCM, MBA, is acknowledged as a Pinnacle Life Member for his contributions to the fields of Internal Medicine, Anesthesia, and Critical Care Medicine.

Key Points: 
  • GREAT NECK, N.Y., Aug. 31, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, Ruth S. Spector, MD, FCCM, MBA, is acknowledged as a Pinnacle Life Member for his contributions to the fields of Internal Medicine, Anesthesia, and Critical Care Medicine.
  • Dr. Spector pursued higher education earning a Bachelor of Science degree in General Business at Wharton School of Business.
  • She then obtained a medical degree from George Washington University and completed an Internal Medicine residency at Beth Israel Medical Center in NYC.
  • Board-certified in Internal Medicine, Anesthesia and Critical Care Medicine, Dr. Spector has more than 35 years of experience in the field.

EQS-News: M1 Kliniken AG publishes figures for the first half year 2023:

Retrieved on: 
Thursday, August 31, 2023
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M1 Kliniken AG publishes figures for the first half year 2023:

Key Points: 
  • M1 Kliniken AG publishes figures for the first half year 2023:
    The issuer is solely responsible for the content of this announcement.
  • M1 Kliniken AG publishes figures for the first half year 2023:
    Further growth and disproportionate increase in operating result.
  • Accordingly, the consolidated group revenue of the M1 Group increased by 8.7% to EUR 150.8 million in the first half of the year (previous year: EUR 138.7 million).
  • Consolidated EBITDA of the M1 Group totalled EUR 9.9 million in the first half of 2023 (previous year: EUR 7.4 million), an increase of around 35 %.

Fort Worth Economic Development Partnership Announces Inaugural Board of Top Executives From Leading Corporations

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Tuesday, August 29, 2023
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Fort Worth Economic Development Partnership (FWEDP), a privately funded non-profit focused on cultivating economic opportunities through business development and attraction, is proud to announce its inaugural Board of Directors.

Key Points: 
  • Fort Worth Economic Development Partnership (FWEDP), a privately funded non-profit focused on cultivating economic opportunities through business development and attraction, is proud to announce its inaugural Board of Directors.
  • Composed of a diverse selection of seasoned executives from national and multinational corporations based in Fort Worth, the newly assembled 11-person Board signifies a robust and resolute commitment to attracting and recruiting businesses to Fort Worth, one of the fastest-growing cities in the U.S.
  • “The separation of economic development from traditional Chamber functions is a proven strategy in high growth cities like Fort Worth,” said Mike Berry, President of Hillwood, who will serve as inaugural Chairman of the FWEDP Board.
  • As we move forward, the collective commitment of these leaders, in collaboration with the FWEDP, creates a tremendous opportunity to further develop a thriving future for businesses and the broader Fort Worth community.”
    The Fort Worth Economic Development Partnership (FWEDP) is a privately funded non-profit dedicated to fostering economic opportunities through business development and attraction in Fort Worth and the surrounding region.

SAP and Google Cloud Enhance Open Data Cloud With New Generative AI Solutions for Enterprises

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Tuesday, August 29, 2023
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WALLDORF, Germany and SUNNYVALE, Calif., Aug. 29, 2023 /PRNewswire/ -- Today at Google Cloud Next, SAP SE (NYSE: SAP) and Google Cloud announced an expanded partnership to help enterprises harness the power of data and generative AI. The companies will combine their integrated open data cloud using SAP Datasphere with Vertex AI to launch new generative AI-powered industry solutions, starting with automotive, and introduce new capabilities to help customers improve sustainability performance.

Key Points: 
  • WALLDORF, Germany and SUNNYVALE, Calif., Aug. 29, 2023 /PRNewswire/ -- Today at Google Cloud Next, SAP SE (NYSE: SAP) and Google Cloud announced an expanded partnership to help enterprises harness the power of data and generative AI.
  • By integrating generative AI into SAP and Google Cloud's open data cloud, customers can deploy powerful new solutions that use information from SAP Datasphere and from virtually any other data source to significantly improve business insights, analysis, and decision-making.
  • The open data cloud integrations between SAP and Google Cloud will provide a rich foundation for AI development that will help deliver new value for joint customers, beginning with those in the automotive and sustainability spaces:
    Enhancing connectivity and customer experiences within the automotive industry: SAP and Google Cloud will launch new solutions that use Google Cloud's generative AI models via Vertex AI and data from Catena-X , the open data ecosystem supported by SAP for the automotive industry.
  • Increasing enterprise sustainability: SAP and Google Cloud customers can utilize Vertex AI together with SAP Datasphere to create generative AI solutions that accelerate companies' sustainability programs.

SAP Appoints Gina Vargiu-Breuer as the New Chief People Officer

Retrieved on: 
Tuesday, August 29, 2023
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WALLDORF, Germany, Aug. 29, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Gina Vargiu-Breuer (48) has been appointed to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024.

Key Points: 
  • WALLDORF, Germany, Aug. 29, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Gina Vargiu-Breuer (48) has been appointed to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024.
  • This includes creating an even more powerful growth and learning environment at SAP that enables inclusion, diversity and agility.
  • "On behalf of the Supervisory Board, I warmly welcome Gina and wish her a successful start at SAP.
  • The role of Chief Operating Officer – previously also under Sabine Bendiek's responsibility – will be assumed by Chief Strategy Officer Sebastian Steinhaeuser starting January 1, 2024.

EQS-News: Calvert International AG: CALVERT INTERNATIONAL REPORTS SIGNIFICANTLY INCREASED PROFITABILITY IN FIRST HALF OF 2023, ATTRACTIVE VALUE ACCRETION IN NEW BUSINESS MODEL

Retrieved on: 
Tuesday, August 29, 2023
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Calvert International AG: CALVERT INTERNATIONAL REPORTS SIGNIFICANTLY INCREASED PROFITABILITY IN FIRST HALF OF 2023, ATTRACTIVE VALUE ACCRETION IN NEW BUSINESS MODEL

Key Points: 
  • Calvert International AG: CALVERT INTERNATIONAL REPORTS SIGNIFICANTLY INCREASED PROFITABILITY IN FIRST HALF OF 2023, ATTRACTIVE VALUE ACCRETION IN NEW BUSINESS MODEL
    The issuer is solely responsible for the content of this announcement.
  • Total consolidated revenue for the first 6 months of FY 2023 stood at €2.3M, which is slightly above previous year’s €2.2M.
  • This positive trend is due to sturdy revenue growth from key accounts in light of a generally positive business environment across Africa.
  • OUTLOOK: ATTRACTIVE GROWTH & VALUE ACCRETION IN THE NEW INVESTMENT HOLDING BUSINESS MODEL.

EQS-News: CTS Eventim AG & Co. KGaA: Dynamic growth across all business segments

Retrieved on: 
Thursday, August 24, 2023
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EQS-News: CTS Eventim AG & Co. KGaA

Key Points: 
  • EQS-News: CTS Eventim AG & Co. KGaA
    CTS Eventim AG & Co. KGaA: Dynamic growth across all business segments
    The issuer is solely responsible for the content of this announcement.
  • Online ticket sales by CTS EVENTIM in the period January to June 2023 were up by 23% on the prior-year period.
  • After the market distortions caused by pandemic-related catch-up effects, we are now back to ‘business as usual’ at CTS EVENTIM.
  • And ‘as usual’ for us means healthy organic growth and the development and expansion of new and existing business segments.

EQS-News: Correction of a release from 14/08/2023, 07:32 CEST - adesso SE increases sales by 33 % in first six months of 2023 to new half-year record of EUR 546.3 million

Retrieved on: 
Tuesday, August 22, 2023
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Driven by consistently high demand for adesso’s IT services across all industries, sales revenues rose to a new half-year record of EUR 546.3 million.

Key Points: 
  • Driven by consistently high demand for adesso’s IT services across all industries, sales revenues rose to a new half-year record of EUR 546.3 million.
  • EBITDA declined by 34 % year on year to EUR 25.2 million, of which EUR 7.2 million is attributable to the second quarter of 2023.
  • In 2023 and 2020, adesso was awarded the title of the best employer of its size in Germany across all industries.
  • After having already achieved first place among IT employers in 2016, 2018 and 2020, adesso was ranked first again in 2023

EQS-News: EXASOL AG: Exasol publishes half-year report and confirms preliminary figures

Retrieved on: 
Tuesday, August 22, 2023
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According to the report, annualized recurring revenues (ARR) increased by 13.1% to EUR 36.3 million (June 30, 2022: EUR 32.1 million).

Key Points: 
  • According to the report, annualized recurring revenues (ARR) increased by 13.1% to EUR 36.3 million (June 30, 2022: EUR 32.1 million).
  • Revenue increased by 10.6% to EUR 17.8 million in the first half of 2023 (H1 2022: EUR 16.1 million).
  • Together with an improved cost structure, the operating result (EBITDA) increased to EUR -3.7 million (H1 2022: EUR -4.1 million).
  • EBITDA) was EUR -3.4 million (H1 2022: EUR -6.0 million), which corresponds to an improvement of 43.3%.