Karl Marx

CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan  

Retrieved on: 
Sonntag, April 21, 2024

Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan

Key Points: 
  • Mr. Marx returns to CNH from Iveco Group, succeeding Scott W. Wine who has decided to leave the Company having successfully overseen the delivery of the 2021 Business Plan
    CNH Industrial N.V. (NYSE:CNHI) announces the appointment of Gerrit Marx to the role of CEO effective July 1, 2024.
  • He succeeds Scott Wine, whose request to leave the Company at the end of the current three-year business plan cycle to pursue other interests, has been accepted by the Board.
  • He has also chaired Iveco’s powertrain business overseeing its transition to alternative propulsion systems.
  • For more information and the latest financial and sustainability reports visit: cnh.com
    For news from CNH and its Brands visit: media.cnh.com

BURFORD CAPITAL APPOINTS PAMELA CORRIE AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR

Retrieved on: 
Donnerstag, Januar 18, 2024

NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, is pleased to announce the appointment of Pamela Beth Corrie as an independent non-executive director.

Key Points: 
  • NEW YORK, Jan. 18, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, is pleased to announce the appointment of Pamela Beth Corrie as an independent non-executive director.
  • She is a seasoned Board director with insight garnered from involvement with a number of growth companies operating at varying stages of development.
  • In addition, she brings expertise in providing oversight of and advisory services on the design and execution of corporate change programs as both an independent director and counsel.
  • More recently, Ms. Corrie was a Managing Director in the Financial Advisory division of Carl Marks Advisors focused on restructuring matters.

Carl Marks Advisors’ Jeanine Krattiger Appointed to Turnaround Management Association Board of Trustees

Retrieved on: 
Donnerstag, Oktober 26, 2023

Carl Marks Advisors , a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Jeanine Krattiger, a Managing Director at the firm, has been named to the Board of Trustees of the Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide.

Key Points: 
  • Carl Marks Advisors , a leading investment bank providing financial and operational advisory services to middle market companies, today announced that Jeanine Krattiger, a Managing Director at the firm, has been named to the Board of Trustees of the Turnaround Management Association (TMA), the premier nonprofit serving corporate renewal and restructuring professionals worldwide.
  • “We are extremely proud of Jeanine’s accomplishments and would like to congratulate her on this appointment, which underscores her industry leadership,” said Evan Tomaskovic, Managing Partner at Carl Marks Advisors.
  • “Jeanine has played an integral role in refining and accelerating our marketing program while building connections across the restructuring space.
  • “I am honored to be appointed to the TMA board and look forward to working alongside an exceptional group of peers across the restructuring industry spectrum,” said Ms. Krattiger.

Carl Marks Securities Completes Sale of Colonial Distributing, Inc. to National Convenience Distributors

Retrieved on: 
Donnerstag, Juli 13, 2023

Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors (together “Carl Marks”), today announced that it has successfully guided Colonial Distributing, Inc. , a leading distributor supplying convenience stores across Florida, on its merger into National Convenience Distributors , a major East Coast C-store warehouse and distribution network serving customers from Maine to Virginia.

Key Points: 
  • Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors (together “Carl Marks”), today announced that it has successfully guided Colonial Distributing, Inc. , a leading distributor supplying convenience stores across Florida, on its merger into National Convenience Distributors , a major East Coast C-store warehouse and distribution network serving customers from Maine to Virginia.
  • Colonial Distributing, Inc. (“Colonial”) was established in 1998 in Tampa by Yasin Saad, who, alongside his family and partner Samer Dalha, grew it into one of the leading C-Store distributors in Florida and the Southeast.
  • Colonial specializes in drinks, candy, tobacco and vape products, health and beauty, and automotive supplies.
  • “Colonial created a very successful, profitable business model with the combination of direct delivery and cash-and-carry warehouse shopping for its customers,” said Warren H. Feder, Partner at Carl Marks.

Carl Marks Securities Advises on Sale of Cornerstone Treatment Facilities Network to Aurora Health

Retrieved on: 
Montag, Dezember 19, 2022

Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors, (together “Carl Marks”) today announced that it advised Cornerstone Treatment Facilities Network (“Cornerstone” or the “Company”), an inpatient addiction care company, on the sale of the business to Aurora Health.

Key Points: 
  • Carl Marks Securities LLC, an affiliate of middle market investment bank Carl Marks Advisors, (together “Carl Marks”) today announced that it advised Cornerstone Treatment Facilities Network (“Cornerstone” or the “Company”), an inpatient addiction care company, on the sale of the business to Aurora Health.
  • “This successful sale transaction was a long time coming, but the Carl Marks team never once left our side,” said Tom Puzo, CEO of Cornerstone.
  • Carl Marks Securities LLC, the broker-dealer affiliate of Carl Marks Advisory Group LLC, provides financial advisory services related to private placement of debt and equity capital.
  • Additional information about Carl Marks Securities LLC can be found at www.carlmarkssecurities.com and Carl Marks Advisory Group LLC is available at www.carlmarksadvisors.com .

Carl Marks Advisors Appoints Lau and Parisi to Partner

Retrieved on: 
Freitag, Mai 6, 2022

The promotions come at a time of increased growth and deal volume at Carl Marks Advisors.

Key Points: 
  • The promotions come at a time of increased growth and deal volume at Carl Marks Advisors.
  • Bobby and Chris bring important, complementary skills to the Carl Marks platform, added Evan Tomaskovic, partner at Carl Marks Advisors.
  • Carl Marks Advisory Group LLC (Carl Marks Advisors) is a New York-based investment bank that provides financial and operational advisory services.
  • Additional information about Carl Marks Advisory Group LLC and Carl Marks Securities LLC is available at www.carlmarksadvisors.com and www.carlmarkssecurities.com .

Berkshire Bancorp Inc. Reports Bank Regulators' Receipt of Applications in Connection with Potential Transaction

Retrieved on: 
Donnerstag, Februar 3, 2022

Whether and when the potential transaction would occur and the terms thereof will be determined solely by the Applicants, subject to regulatory approval.

Key Points: 
  • Whether and when the potential transaction would occur and the terms thereof will be determined solely by the Applicants, subject to regulatory approval.
  • BERK is not (and does not expect to become) a party to any definitive agreements for the potential transaction.
  • Berkshire Bancorp Inc. is a bank holding company headquartered in New York City.
  • Berkshire Bancorp has one banking subsidiary, The Berkshire Bank, a New York State chartered commercial bank.

Two-episode Documentary The Excellent Engels to be Broadcast on CCTV

Retrieved on: 
Mittwoch, Dezember 30, 2020

"Engels'journeywasa life of continuous struggle for human liberationand ofconstant fighting for the transformation of the world.Hispursuit of truth and influenceis far beyond the boundaries of his era and region.

Key Points: 
  • "Engels'journeywasa life of continuous struggle for human liberationand ofconstant fighting for the transformation of the world.Hispursuit of truth and influenceis far beyond the boundaries of his era and region.
  • It is of great practical significance to commemorate this great teacher of proletariat and working people all over the world.
  • "saidMs.YaliHe, the producer of The Excellent Engels.
  • For more information on the documentary, contact:

A dialogue between two industrial cities: Wuppertal Photo Exhibition launched in China's Dongguan to commemorate the bicentenary of the birth of Friedrich Engles

Retrieved on: 
Montag, November 30, 2020

The Exhibition works as a "window" for the citizens of Dongguan to learn about the sister city of Wuppertal and show the friendship, and a way to commemorate the bicentenary of the birth of the great philosopher Engels.

Key Points: 
  • The Exhibition works as a "window" for the citizens of Dongguan to learn about the sister city of Wuppertal and show the friendship, and a way to commemorate the bicentenary of the birth of the great philosopher Engels.
  • In 2015, Dongguan and Wuppertal became sister cities and they have carried out exchanges and cooperation in various fields including economy, culture, science and technology.
  • The opening ceremony day of the Exhibition, namely November 28, marks the bicentenary of the birth of Engels.
  • Wuppertal is an important industrial city in Germany and shares many similarities with Dongguan in terms of industrial development.

North Carolina Families Struggling to Make Ends Meet Even Before COVID-19 Hit, According to New Data

Retrieved on: 
Dienstag, August 18, 2020

The data is availablecounty-by-county across North Carolina and for more than 700 household configurations.

Key Points: 
  • The data is availablecounty-by-county across North Carolina and for more than 700 household configurations.
  • Many families across North Carolina are working two or more jobsand are still unable to make ends meet," said Laura Marx, President and CEO of United Way of North Carolina.
  • The Federal Poverty Measure is based solely on the cost of food without accounting for housing, childcare, healthcare, transportation and more.
  • By utilizing the Self-Sufficiency Standard, North Carolina has the opportunity to lay the foundation to achieve a strong workforce and thriving communities.