Interim management

Pagaya Announces CFO Transition

Retrieved on: 
Vendredi, novembre 24, 2023

Pagaya Technologies, Ltd. (NASDAQ: PGY) (“Pagaya” or “The Company”) today announced that Michael Kurlander, Chief Financial Officer, has stepped down from his role to pursue an outside opportunity.

Key Points: 
  • Pagaya Technologies, Ltd. (NASDAQ: PGY) (“Pagaya” or “The Company”) today announced that Michael Kurlander, Chief Financial Officer, has stepped down from his role to pursue an outside opportunity.
  • Kurlander will remain in an advisory role through the end of the year to support the transition.
  • "I am grateful for his many contributions to Pagaya and wish him great success in the next chapter of his career."
  • “Evangelos Perros is a proven leader having built and led finance functions at top-tier financial institutions prior to joining Pagaya.

Micromobility.com Inc. demonstrates Fiscal Resilience and Progress in Q3 2023

Retrieved on: 
Mardi, novembre 14, 2023

micromobility.com Inc. (NASDAQ: MCOM), a disruptive leader in the micro-mobility sector, today announced its Q3 2023 financial results, underscoring continued strategic progress and operational efficiency.

Key Points: 
  • micromobility.com Inc. (NASDAQ: MCOM), a disruptive leader in the micro-mobility sector, today announced its Q3 2023 financial results, underscoring continued strategic progress and operational efficiency.
  • View the full release here: https://www.businesswire.com/news/home/20231114426716/en/
    - Operating Expenses: 66% reduction comparing Q3 2023 with Q3 2022.
  • - Q3 2023 Net Loss approximately $9.5 million, showing a decrease of 61% compared with Q3 20233.
  • - Financial Liabilities as of September 30, 2023, amounting to $27.2 million shows a reduction of 33% compared to December 31, 2022.

Ascensus Names Marc Mehlman New Chief Financial Officer

Retrieved on: 
Mardi, décembre 5, 2023

DRESHER, Pa., Dec. 5, 2023 /PRNewswire/ -- Ascensus, whose technology and expertise help millions save for a better future, announced today that it has named Marc Mehlman its new Chief Financial Officer.

Key Points: 
  • Industry Finance Veteran Brings Expertise in Growth Strategy, Transformation, and M&A
    DRESHER, Pa., Dec. 5, 2023 /PRNewswire/ -- Ascensus , whose technology and expertise help millions save for a better future, announced today that it has named Marc Mehlman its new Chief Financial Officer.
  • Mehlman will assume his new role in early January 2024, and succeed Kate Brennan, who has served as Interim CFO since this summer.
  • Mehlman will report to Ascensus Chair and CEO David Musto and join the Ascensus Operating Committee executive leadership team.
  • "He brings valued perspective as a chief financial officer leading growth and business transformation -- as well as success in general management roles, including overseeing a $1 billion multinational P&L.

B. Riley Launches US-Based Executive Search Practice

Retrieved on: 
Mercredi, novembre 29, 2023

LOS ANGELES, Nov. 29, 2023 /PRNewswire/ -- B. Riley Advisory Services, a leading provider of business advisory, appraisal and consulting services and subsidiary of B. Riley Financial (Nasdaq: RILY), is pleased to announce the addition of Alistair Ross as a Senior Vice President, based in California.

Key Points: 
  • Ross is an experienced executive search consultant and has been brought on to lead the Los Angeles office, the first expansion into the U.S. for the firm's Executive Search & Interim Management practice that was established through the addition of Farber Group in February 2023.
  • Prior to joining B. Riley, Ross led the U.S. expansion of a global boutique executive search firm catering to the private equity industry.
  • "We are pleased to welcome Alistair and his talents to our firm as we strategically scale our Executive Search & Interim Management practice in the U.S.," said Ian Ratner, Co-CEO of B. Riley Advisory Services.
  • Ian Brenner, leader of the firm's Executive Search & Interim Management practice, added, "The launching of this new location is an exciting expansion of B. Riley's Executive Search capabilities, which to date, have been focused on the Canadian market.

Aspen Technology Announces Financial Results for the First Quarter of Fiscal 2024

Retrieved on: 
Lundi, novembre 6, 2023

Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2024, ended September 30, 2023.

Key Points: 
  • Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced financial results for its first quarter in fiscal 2024, ended September 30, 2023.
  • Operating cash flow was $17.0 million for the first quarter of fiscal 2024, compared to $5.1 million in the first quarter of fiscal 2023.
  • Free cash flow2 was $16.0 million for the first quarter of fiscal 2024, compared to $3.7 million in the first quarter of fiscal 2023.
  • Non-GAAP income from operations was $77.8 million in the first quarter of fiscal 2024, compared to $92.6 million in the first quarter of fiscal 2023.

Envision Healthcare Begins CEO Transition, Appoints Board Chairman

Retrieved on: 
Lundi, novembre 6, 2023

Envision Healthcare, a leading national medical group, announced today the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.

Key Points: 
  • Envision Healthcare, a leading national medical group, announced today the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.
  • Howe steps into this role as current Envision CEO Jim Rechtin transitions out of the organization at the end of November.
  • Envision also announced the appointment of healthcare industry veteran Steve Nelson to the position of Chairman of the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20231106756041/en/
    Envision Healthcare announced the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.

Reed’s Appoints Joann Tinnelly as Chief Financial Officer

Retrieved on: 
Jeudi, octobre 26, 2023

NORWALK, Conn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that Interim Chief Financial Officer (CFO) Joann Tinnelly has transitioned to permanent CFO, effective today.

Key Points: 
  • NORWALK, Conn., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that Interim Chief Financial Officer (CFO) Joann Tinnelly has transitioned to permanent CFO, effective today.
  • Ms. Tinnelly has served as Vice President and Corporate Controller of Reed’s since July 2018.
  • Ms. Tinnelly holds a Master of Business Administration in Finance and a Bachelor of Business Administration in Public Accounting, both from Pace University.
  • “We are thrilled to welcome Joann as our official Chief Financial Officer,” said Norman E. Snyder, CEO of Reed’s.

Quarterhill to Announce Q3 Fiscal 2023 Financial Results

Retrieved on: 
Jeudi, octobre 26, 2023

TORONTO, Oct. 26, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) will release its financial results for the three- and nine-month periods ended September 30, 2023, on Wednesday, November 8, 2023.

Key Points: 
  • TORONTO, Oct. 26, 2023 /PRNewswire/ - Quarterhill Inc. ("Quarterhill") (TSX: QTRH) (OTCQX: QTRHF) will release its financial results for the three- and nine-month periods ended September 30, 2023, on Wednesday, November 8, 2023.
  • Chuck Myers, CEO, and Kyle Chriest, Interim CFO, will host a conference call and audio webcast at 10:00 a.m.
  • ET on November 8, 2023, until 11:59 p.m.
  • ET on August 15, 2023, at: 1.888.390.0541 (Toll Free North America) or 1.416.764.8677.

HYZON MOTORS ANNOUNCES STEPHEN WEILAND AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Mardi, octobre 24, 2023

ROCHESTER, N.Y., Oct. 24, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission, heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Stephen Weiland as Chief Financial Officer (CFO) of the company, effective November 1, 2023.

Key Points: 
  • Weiland Brings Deep Experience Leading Financial Operations, Growth Capital Programs and Cash Management
    ROCHESTER, N.Y., Oct. 24, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission, heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Stephen Weiland as Chief Financial Officer (CFO) of the company, effective November 1, 2023.
  • As CFO, Weiland will be responsible for overseeing Hyzon's financial operations, including financial planning and analysis, accounting, treasury, investor relations, and IT.
  • He brings two decades of experience that include leading financial operations as CFO, driving diverse growth capital programs, executing transactions in the cleantech sector, and implementing critical financial processes.
  • "Stephen is a veteran in leading financial teams from his time as CFO at both an early-stage technology-led company and multiple divisions at Caterpillar," said Hyzon's Chief Executive Officer Parker Meeks.

Aspen Technology Announces CFO Transition

Retrieved on: 
Jeudi, octobre 19, 2023

Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that Chantelle Breithaupt has informed the Company that she will step down as Chief Financial Officer for another opportunity.

Key Points: 
  • Aspen Technology, Inc. (AspenTech) (NASDAQ: AZPN), a global leader in industrial software, today announced that Chantelle Breithaupt has informed the Company that she will step down as Chief Financial Officer for another opportunity.
  • Christopher Stagno, who currently serves as SVP, Chief Accounting Officer, will assume the role of Interim CFO, effective January 1, 2024, should a permanent CFO not have been named.
  • The Company has commenced a search to identify its next CFO with the assistance of a leading executive search firm.
  • Before that, he served in various finance roles, including the Interim CFO role at Brightcove Inc., a provider of cloud-based services for video, and Unica, an enterprise marketing software company.