Cerberus | Jotup

Skyborne Technologies Unveils the Cerberus Modular Integration

Retrieved on:

Jeudi, mai 9, 2024

Cerberus, AITR, System, IP, CBRNE, United States Army, CMI, MILSPEC, BDA, EW, UAS, Electronics, Robotics, Fort Moore, Rain, Artificial intelligence, CBO, Telescopic sight

BRISBANE, Australia, May 10, 2024 (GLOBE NEWSWIRE) -- Skyborne Technologies is proud to unveil Cerberus Modular Integration (MI), a multi-mission, man-packable, Group 2 sUAS equipped with modular kinetic and non-kinetic payloads.

Key Points:

The old Cerberus GLH lacked the endurance, survivability and accuracy required for a real operation.
Adrian Dudok, CBO and co-founder, Skyborne Technologies, says, “Our customers asked for a multi-mission modular payload lethal small UAS capable of delivering organic low cost strike capability with the ability to perform non-kinetic sensors and effectors operations.
We’re proud to release the Cerberus MI to deliver a unique capability to our customers and the warfighter.
The new Cerberus MI will be landing in the hands of customers from Q4 this year.”
Skyborne Technologies Pty Ltd, is an Australian defence technology company developing smart aerial robotics, with its flagship tri-tilt rotor lethal sUAS, Cerberus UAS.

Olof Persson to replace Gerrit Marx as CEO of Iveco Group starting from July 2024

Retrieved on:

Dimanche, avril 21, 2024

The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024.

Key Points:

The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024.
Suzanne Heywood, Chair of Iveco Group commented: “On behalf of everyone at Iveco Group I’d like to thank Gerrit for his energetic and successful leadership over the past two and half years and wish him every success in his new role.
In 2022 he joined the Board of Iveco Group as an Independent Director when the Group listed on Euronext Milan.
Iveco Group’s first quarter financial results will be presented by Mr. Marx, as planned, on 10th May 2024.

Don McKenzie appointed Chief Executive Officer of The Imagine Group

Retrieved on:

Mardi, mars 12, 2024

Cerberus, Cerberus Capital Management, Dotti, Communication, Chairperson, History, Investment, Patent, Management

MINNEAPOLIS, March 12, 2024 (GLOBE NEWSWIRE) -- The Imagine Group (“Imagine” or the “Company”), a leading provider of visual communications, today announced that Don McKenzie has been appointed Chief Executive Officer, effective immediately.

Key Points:

MINNEAPOLIS, March 12, 2024 (GLOBE NEWSWIRE) -- The Imagine Group (“Imagine” or the “Company”), a leading provider of visual communications, today announced that Don McKenzie has been appointed Chief Executive Officer, effective immediately.
McKenzie has been Chair of the Board since 2021 and assumed the role of Acting CEO in September of 2023.
With more than 35 years of relevant industry experience, McKenzie is a transformational leader who has served as President, CEO, advisor, and board member of private, private equity-backed, and public companies.
“Imagine is an exceptional company, with amazing clients, a strong talent base, and a market-leading manufacturing and technology infrastructure.

Enterprise Community Development Announces Janine Lind as President

Retrieved on:

Mercredi, mars 20, 2024

Cerberus, Marylhurst University, Community development, Harvard Kennedy School, Policy, Capital, American College, Housing, Cerberus Capital Management, Enterprise Community Partners, Marketing, ECD, National Apartment Association, Management

SILVER SPRING, Md., March 20, 2024 /PRNewswire/ -- Enterprise Community Development, Inc. (ECD), a leading non-profit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners (Enterprise), today announced the appointment Janine Lind as its new president starting April 29.

Key Points:

SILVER SPRING, Md., March 20, 2024 /PRNewswire/ -- Enterprise Community Development, Inc. (ECD), a leading non-profit owner and developer of affordable homes in the Mid-Atlantic and an affiliate of Enterprise Community Partners (Enterprise), today announced the appointment Janine Lind as its new president starting April 29.
Lind will lead Enterprise Community Development's $1.4B portfolio of 115 communities serving 24,000 residents.
office, Lind will lead the Community Development division's high-impact residential development, preservation, asset and property management, and resident services work and its $1.4 billion portfolio of 115 communities serving 24,000 residents.
"Janine's experience and dedication to mission-focused housing organizations make her a clear choice to lead our Community Development division and to help make home and community places of pride and belonging," said Shaun Donovan, president and CEO of Enterprise Community Partners.

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2023 Financial and Operating Results

Retrieved on:

Mercredi, février 21, 2024

Cerberus, Conference call, Depreciation, PIN, Share repurchase, Growth, Sale, CBM, Net income, Conference, GAAP, JV, Dry dock, Lucidity, MGC, Webcast, Interest, EPS, LPG, Cryptocurrency

Drydocking costs for the three months ended December 31, 2023 and 2022 were $0.03 million and $0.6 million, respectively.

Key Points:

Drydocking costs for the three months ended December 31, 2023 and 2022 were $0.03 million and $0.6 million, respectively.
No vessels were drydocked during the fourth quarter of 2023 while drydocking expenses during the fourth quarter of 2022 mainly relate to the drydocking of two vessels.
Management fees for the three months ended December 31, 2023 and 2022 were $1.0 million and $1.3 million, respectively.
General and administrative expenses for the three months ended December 31, 2023 and 2022 were $1.7 million and $0.8 million, respectively.

HF Foods Appoints Felix Lin as President of the Company

Retrieved on:

Vendredi, février 9, 2024

Cerberus, Manufacturing operations, Corporation, Human resources, Cerberus Capital Management, Accounting, LLP, Blue Bird Corporation, Management

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.

Key Points:

LAS VEGAS, Feb. 09, 2024 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants throughout the United States (“HF Foods”, or the “Company”), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as President of the Company, in addition to his current role as the Company’s Chief Operating Officer, effective February 12, 2024.
Mr. Lin has served as the Company’s Chief Operating Officer since May 1, 2022.
Peter Zhang, CEO of HF Foods added: “I am pleased to announce that Felix Lin, Chief Operating Officer, will assume the additional role of President for HF Foods.
As President and Chief Operating Officer of HF Foods, Felix will lead the cross-functional collaboration internally in achieving our strategic business objectives.

Untether AI Enters 2024 Positioned for Growth

Retrieved on:

Jeudi, janvier 4, 2024

Untether AI ®, the leader in energy-centric AI acceleration technology, today announced Board of Directors and senior leadership appointments as it enters a new phase of growth.

Key Points:

Untether AI ®, the leader in energy-centric AI acceleration technology, today announced Board of Directors and senior leadership appointments as it enters a new phase of growth.
View the full release here: https://www.businesswire.com/news/home/20240104033093/en/
Mr. Walker joined Untether AI as President in 2023 from Intel Corporation, where he was Corporate Vice President and General Manager.
"I send my heartfelt congratulations to Chris as he leads Untether AI into their next stage of growth in architecture."
“The rise of AI compute workloads requires a radical re-thinking of how compute is done, which is what Untether AI is pioneering with its energy efficient, scalable solution for AI applications,” said Dr. Salek.

HSBC Continental Europe: Completion of the Sale of Retail Banking Business in France, Including the Sale of HSBC SFH (France)

Retrieved on:

Lundi, janvier 1, 2024

Banking, Professional Services, Finance, Cerberus, Sale, HSBC Continental Europe, HSBC, Transaction, CCF, Insurance, Debt club, Security (finance)

Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc.

Key Points:

Headquartered in Paris, HSBC Continental Europe is an indirectly held subsidiary of HSBC Holdings plc.
HSBC Continental Europe’s mission is to serve both customers in Continental Europe for their financial needs worldwide and customers in other Group countries for their financial needs in Continental Europe.
With assets of US$3,021bn at 30 September 2023, HSBC is one of the world's largest banking and financial services organisations.
All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.

Comscore Lead Director Brent Rosenthal to Retire from the Board and Not Stand for Re-election at the 2024 Annual Meeting

Retrieved on:

Vendredi, décembre 29, 2023

Cerberus, Cerberus Capital Management, Rentrak, WPP, Human, Charter Communications, Investment, Management

RESTON, Va., Dec. 29, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that its Lead Director, Brent Rosenthal, who stepped down as non-executive Chairman of the Board in 2022, will retire from the Board and not stand for re-election at the Company's 2024 annual meeting of stockholders. The Company plans to nominate Chief Executive Officer Jon Carpenter to join the Board in 2024.

Key Points:

RESTON, Va., Dec. 29, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that its Lead Director, Brent Rosenthal, who stepped down as non-executive Chairman of the Board in 2022, will retire from the Board and not stand for re-election at the Company's 2024 annual meeting of stockholders.
The Company plans to nominate Chief Executive Officer Jon Carpenter to join the Board in 2024.
Mr. Rosenthal has served Comscore and its affiliated companies for more than 15 years.
We wish him well on his future endeavors," concluded Brian Wendling, who was designated to the Board by Liberty Broadband.

MiddleGround Capital Closes $440 Million Continuation Vehicle to Combine Castle Metals and Banner Industries

Retrieved on:

Mardi, novembre 21, 2023

Carbon, Cerberus, Dechert, CFO, LLP, Transaction, Strategic management, Fifth Third Bank, Metal, Growth

In 2019, the company did a little over $100 million of revenue with ~$9 million of EBITDA.

Key Points:

In 2019, the company did a little over $100 million of revenue with ~$9 million of EBITDA.
For the Last Twelve Month (“LTM”) period Banner has more than tripled in size to nearly $350 million of revenue and EBITDA has expanded to ~$55 million.
MiddleGround acquired Castle earlier this year and Fund I has warehoused the deal using recyclable capital while MiddleGround raised the CV.
Dechert LLP served as a buy-side legal advisor and Greenberg Traurig LLP served as a sell-side legal advisor to MiddleGround Capital.