IAC

HII is Awarded $74 Million Contract to Support U.S. Navy Vertical Launch Systems

Retrieved on: 
Tuesday, April 9, 2024

HII’s statement of work includes outfitting the first Zumwalt-class destroyer (DDG 1001) with the latest Mk 57 vertical launch system universal canister electronics unit.

Key Points: 
  • HII’s statement of work includes outfitting the first Zumwalt-class destroyer (DDG 1001) with the latest Mk 57 vertical launch system universal canister electronics unit.
  • “We are extremely pleased to continue our support to the U.S. Navy, providing critical research, development, test and evaluation in support of vertical launch systems for NSWC Port Hueneme,” said Todd Gentry, president of Mission Technologies’ C5ISR business group.
  • HII was awarded the recompeted task order under the Department of Defense’s Information Analysis Center Multiple Award Contract vehicle (IAC MAC).
  • HII’s support to NSWC Port Hueneme is an extension of work performed under a previous contract awarded in 2021.

Angi Appoints Jeff Kip as CEO

Retrieved on: 
Monday, April 8, 2024

DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Angi (NASDAQ: ANGI), the leading and most comprehensive solution for all home care needs, today announced the appointment of Angi President and long-time IAC and Angi executive Jeff Kip to CEO, succeeding Joey Levin.

Key Points: 
  • DENVER, April 08, 2024 (GLOBE NEWSWIRE) -- Angi (NASDAQ: ANGI), the leading and most comprehensive solution for all home care needs, today announced the appointment of Angi President and long-time IAC and Angi executive Jeff Kip to CEO, succeeding Joey Levin.
  • As CEO, Mr. Kip will lead Angi’s executive team, overseeing strategy and daily management of the company.
  • “Through multiple roles, Jeff Kip has been a student of the Angi business, first as CFO of IAC, then serving as CEO of Angi’s International business for nearly eight years and most recently as President of Angi,” said Joey Levin, CEO of IAC and Chairman of Angi.
  • “It is an honor to be asked to serve in this role for Angi during this next phase,” said Jeff Kip, CEO of Angi.

Backlight Appoints Kathleen Barrett as CEO

Retrieved on: 
Tuesday, April 9, 2024

Backlight , a global media and entertainment software solution provider, today announced the appointment of Kathleen Barrett as its Chief Executive Officer.

Key Points: 
  • Backlight , a global media and entertainment software solution provider, today announced the appointment of Kathleen Barrett as its Chief Executive Officer.
  • After more than a decade of leading video businesses, Ms. Barrett most recently served as CEO of IAC subsidiary Mosaic Group, one of the largest non-gaming app developers in the world with over 40 products and a billion downloads.
  • View the full release here: https://www.businesswire.com/news/home/20240409478932/en/
    Global media and entertainment software solution provider, Backlight, announced the appointment of Kathleen Barrett as its Chief Executive Officer.
  • Ms. Barrett has deep experience in the video software industry, having previously served as the SVP of Enterprise at Vimeo and most recently served as CEO of IAC subsidiary Mosaic Group.

IAC Group Bolsters EU Presence with Martin Stuettem as European Chief Operating Officer

Retrieved on: 
Tuesday, March 19, 2024

SOUTHFIELD, Mich., March 19, 2024 /PRNewswire/ -- International Automotive Components Group (IAC Group), a leading global supplier of automotive components and systems, has reinforced its presence in Europe with the appointment of Martin Stuettem as Chief Operating Officer for the region.

Key Points: 
  • SOUTHFIELD, Mich., March 19, 2024 /PRNewswire/ -- International Automotive Components Group (IAC Group), a leading global supplier of automotive components and systems, has reinforced its presence in Europe with the appointment of Martin Stuettem as Chief Operating Officer for the region.
  • This strategic move underscores IAC's commitment to enhancing performance and fostering growth in one of the world's most dynamic automotive markets.
  • With over 30 years of seasoned experience in the automotive supplier industry, Mr. Stuettem brings a wealth of expertise to his new role.
  • "I am eager to collaborate with the talented team at IAC to harness emerging opportunities and drive growth in the region."

Appia Reports High-Grade Total Rare Earth Oxide Results up to 22,339 ppm or 2.23% on Diamond Drill Hole #1 Within Target IV at PCH IAC Project, Brazil

Retrieved on: 
Monday, February 26, 2024

The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% Total Rare Earth Oxide (TREO), 1,420 ppm or 0.14% Magnet Rare Earth Oxide (MREO).

Key Points: 
  • The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% Total Rare Earth Oxide (TREO), 1,420 ppm or 0.14% Magnet Rare Earth Oxide (MREO).
  • 2,168 ppm or 0.22 % TREO, 518 ppm or 0.05% MREO, 153 ppm or 0.01% HREO, and 2,015 ppm or 0.20% LREO.
  • 1,648 ppm or 0.16 % TREO, 378 ppm or 0.04% MREO, 109 ppm or 0.01% HREO, and 1,538 ppm or 0.15% LREO.
  • 1,369 ppm or 0.13 % TREO, 329 ppm or 0.3% MREO, 115 ppm or 0.01% HREO, and 1,255 ppm or 0.13% LREO.

Update from Securitas Investor Day

Retrieved on: 
Thursday, March 7, 2024

STOCKHOLM, March 7, 2024 /PRNewswire/ -- A team of senior Securitas leaders provided an update on the successful transformation of the company over the last years, the long-term strategy and execution areas, a roadmap to achieve its financial targets and its strong position within sustainability.   

Key Points: 
  • Securitas arranged an Investor Day at its headquarters in Stockholm today.
  • STOCKHOLM, March 7, 2024 /PRNewswire/ -- A team of senior Securitas leaders provided an update on the successful transformation of the company over the last years, the long-term strategy and execution areas, a roadmap to achieve its financial targets and its strong position within sustainability.
  • All Group financial targets were reiterated with a modification of the target of a net debt to EBITDA ratio of below 3.0x to reflect the impact of items affecting comparability (IAC).
  • The Investor Day was webcasted live, recorded and can be found at securitas.com.

Update from Securitas Investor Day

Retrieved on: 
Thursday, March 7, 2024

STOCKHOLM, March 7, 2024 /PRNewswire/ -- A team of senior Securitas leaders provided an update on the successful transformation of the company over the last years, the long-term strategy and execution areas, a roadmap to achieve its financial targets and its strong position within sustainability.   

Key Points: 
  • Securitas arranged an Investor Day at its headquarters in Stockholm today.
  • STOCKHOLM, March 7, 2024 /PRNewswire/ -- A team of senior Securitas leaders provided an update on the successful transformation of the company over the last years, the long-term strategy and execution areas, a roadmap to achieve its financial targets and its strong position within sustainability.
  • All Group financial targets were reiterated with a modification of the target of a net debt to EBITDA ratio of below 3.0x to reflect the impact of items affecting comparability (IAC).
  • The Investor Day was webcasted live, recorded and can be found at securitas.com.

Angi Inc. Earnings Release Available on Company’s Website

Retrieved on: 
Tuesday, February 13, 2024

DENVER, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its fourth quarter financial results on the investor relations section of its website at ir.angi.com/quarterly-earnings .

Key Points: 
  • DENVER, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Angi Inc. (NASDAQ: ANGI) posted its fourth quarter financial results on the investor relations section of its website at ir.angi.com/quarterly-earnings .
  • As announced previously, Angi Inc. and IAC will host a conference call to discuss both companies’ respective fourth quarter results and to answer questions.
  • The call will be held on Wednesday, February 14, 2024, at 8:30 a.m.
  • Joey Levin, CEO of IAC and CEO and Chairman of Angi Inc., and Christopher Halpin, Executive Vice President, CFO and COO of IAC, will participate.

IAC Earnings Release and Letter to Shareholders Available on Company's Website

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results .

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- IAC (NASDAQ: IAC) posted its fourth quarter financial results and a letter to shareholders on the investor relations section of its website at https://ir.iac.com/quarterly-results .
  • As announced previously, IAC and Angi Inc. will host a conference call to discuss both companies' respective fourth quarter results and to answer questions.
  • The call will be held on Wednesday, February 14, 2024, at 8:30 a.m.
  • Joey Levin, CEO of IAC and CEO and Chairman of Angi Inc., and Christopher Halpin, Executive Vice President, CFO and COO of IAC, will participate.

Julius Genachowski and Dawn Ostroff Join Mattel Board of Directors

Retrieved on: 
Wednesday, February 7, 2024

Mattel, Inc. (NASDAQ: MAT) announced today that Julius Genachowski and Dawn Ostroff have joined the Company’s Board of Directors, effective February 5, 2024.

Key Points: 
  • Mattel, Inc. (NASDAQ: MAT) announced today that Julius Genachowski and Dawn Ostroff have joined the Company’s Board of Directors, effective February 5, 2024.
  • Mr. Genachowski brings to Mattel extensive experience in technology, media and telecom, including internet and digital communications policy, cybersecurity, and privacy.
  • Mr. Genachowski is Chairman of the Board of Directors of Sonos and serves on the Board of Mastercard.
  • Ynon Kreiz, Chairman and CEO of Mattel, said: “Julius and Dawn are globally respected leaders in media, entertainment, and technology and we are thrilled to welcome them to Mattel’s Board of Directors.