Ernst & Young

Bayer pilots unique generative AI tool for agriculture

Retrieved on: 
Thursday, March 14, 2024

The result is an expert system that quickly and accurately answers questions related to agronomy, farm management, and Bayer agricultural products.

Key Points: 
  • The result is an expert system that quickly and accurately answers questions related to agronomy, farm management, and Bayer agricultural products.
  • Instead of a time-consuming process, the intuitive system responds to natural language and can generate expert information within seconds.
  • Validated by agronomists, the pilot is already unlocking productivity for Bayer teams in the United States while significantly outperforming out-of-the-box LLMs currently serving the agricultural market.
  • "Our unique GenAI system has the potential serve agronomists and benefit farmers all over the world, further advancing AI as an indispensable technology for agriculture," said Amanda McClerren, CIO and Head of Digital Transformation & Information Technology for Bayer's Crop Science division.

Employers barely get a passing grade on workplace inclusiveness from LGBTQ+ Gen Z, New EY Research Finds

Retrieved on: 
Tuesday, March 12, 2024

"Feeling safe to be your authentic self is something that everyone should be entitled to, but we know reality is often more complex than that," says Mitch Berlin, EY Americas Vice Chair -- Strategy and Transactions and Americas Executive Sponsor of Unity, the EY LGBTQ+ Business Resource Group. "Company leaders should remain steadfast in their commitments to diversity, equity and inclusion, cultivate an environment where people feel comfortable to be themselves and offer the right resources so employees can thrive."

Key Points: 
  • NEW YORK, March 12, 2024 /PRNewswire/ -- Employers' efforts around workplace inclusiveness are falling short with Gen Z workers in the LGBTQ+ community.
  • They give their employer's inclusion efforts a C+ grade compared to a B grade from other generations.
  • That's according to the 2024 EY US LGBTQ+ Workplace Barometer , a study of 500 US LGBTQ+ full-time corporate employees.
  • For more information on the 2024 EY US LGBTQ+ Workplace Barometer, as well as additional actionable recommendations for businesses, visit https://www.ey.com/en_us/diversity-inclusiveness/2024-ey-us-lgbtq-workpl... .

Government Interest Rate Cap to Remove up to $10.7 Billion from the Canadian Economy, Cut Off Millions of Canadians from Access to Loans

Retrieved on: 
Tuesday, March 12, 2024

"The report demonstrates the broad-based, highly damaging impacts that this change will have on the Canadian economy," said Gary Schwartz, President and Chief Executive Officer of the Canadian Lenders Association.

Key Points: 
  • "The report demonstrates the broad-based, highly damaging impacts that this change will have on the Canadian economy," said Gary Schwartz, President and Chief Executive Officer of the Canadian Lenders Association.
  • "It is clear, that the proposed changes to the maximum allowable rate of interest will only exacerbate the existing affordability challenges.
  • The CLA continues to seek out urgent cooperation from government to avoid eliminating credit for millions of Canadians.
  • For more information, please visit www.butnowwhat.ca and add your voice to help ensure the government does not close the door on your financial future.

Infinera Corporation Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

SAN JOSE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) ("Infinera" or the “Company”) today released preliminary financial results for its fourth quarter ended December 30, 2023.

Key Points: 
  • SAN JOSE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) ("Infinera" or the “Company”) today released preliminary financial results for its fourth quarter ended December 30, 2023.
  • Preliminary revenue is expected to be $435 million to $452 million, compared to the Company’s prior outlook of $421 million to $451 million.
  • Infinera CEO David Heard said, “We ended 2023 on a high note with a strong fourth quarter during which the midpoints of our preliminary revenue, gross margin, and earnings per share ranges are all expected to come in above those of our prior outlook ranges.
  • Infinera will host a conference call for analysts and investors to discuss its preliminary results for the fourth quarter of 2023 and its preliminary outlook for the first quarter of 2024 today at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).

TAB Bank Names New CEO and President; Rick Bozzelli to Retire

Retrieved on: 
Thursday, February 29, 2024

OGDEN, Utah, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong , Chief Strategy Officer, as the new CEO and Tyler Heap , Chief Credit Officer, as President.

Key Points: 
  • OGDEN, Utah, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Following the decision of TAB Bank President and CEO Rick Bozzelli to retire, the Board of Directors has appointed Austin Strong , Chief Strategy Officer, as the new CEO and Tyler Heap , Chief Credit Officer, as President.
  • TAB Bank bids farewell to President and CEO, Rick Bozzelli, who officially retired on Jan. 5.
  • Bozzelli has led TAB Bank for the past 19 months.
  • He served as CFO at FJM for more than seven years and as Board Chair of TAB Bank and TAB Bank Holdings, Inc. for over three years.

Young Entrepreneurs Win Prizes Worth $10,000 in NFTE Founders Forum Competition

Retrieved on: 
Thursday, February 29, 2024

Founders of three viable businesses presented their best pitches on Feb. 28, contending for a portion of a $10,000 capital investment pool.

Key Points: 
  • Founders of three viable businesses presented their best pitches on Feb. 28, contending for a portion of a $10,000 capital investment pool.
  • Finalist Zachary Borja, founder of Borja+ Media, beat the competition to win $5,000 toward his business Borja+ Media, a digital marketing company dedicated to creating content for organizations with an impact-driven cause.
  • “Congratulations to this year’s 10 Founders Forum participants,” said NFTE president & CEO Dr. J.D.
  • “Now in its fourth year, the Founders Forum program provides NFTE alumni entrepreneurs with operational or launch-ready businesses deeper knowledge about raising capital, investment readiness, product sourcing, marketing, and team building.

Vishay Intertechnology Appoints David McConnell Chief Financial Officer

Retrieved on: 
Tuesday, February 27, 2024

MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position.

Key Points: 
  • MALVERN, Pa., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) today announced that its Board of Directors has appointed David McConnell, Senior Vice President -Corporate Treasurer and Risk Management, to the role of Executive Vice President - Chief Financial Officer, replacing Lori Lipcaman who is resigning from that position.
  • In addition, David Tomlinson, Senior Vice President - Corporate Controller, has been promoted by the Board to the newly created role of Senior Vice President - Chief Accounting Officer reporting to Mr. McConnell.
  • The new positions of Mr. McConnell and Mr. Tomlinson will take effect on March 1, 2024.
  • Prior to joining Vishay in 1992, Mr. McConnell worked at Ernst & Young LLP serving large, multi-national clients in various industries.

Health Catalyst Reports Fourth Quarter and Year End 2023 Results

Retrieved on: 
Thursday, February 22, 2024

SOUTH JORDAN, Utah., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today reported financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • SOUTH JORDAN, Utah., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Health Catalyst, Inc. ("Health Catalyst," Nasdaq: HCAT), a leading provider of data and analytics technology and services to healthcare organizations, today reported financial results for the quarter and year ended December 31, 2023.
  • I am also pleased to share that Jason Alger will begin as Health Catalyst’s CFO, effective March 1, 2024.
  • Jason has been with Health Catalyst for more than ten years, having contributed significantly during that time, including most recently as our Chief Accounting Officer.
  • Prior to joining Health Catalyst, Jason held various roles at Ernst & Young.

Fansee Embarks on a Revolutionary Path under the Leadership of Visionary CEO Jason Hung

Retrieved on: 
Thursday, February 22, 2024

With over 25 years of experience in the tech and startup sectors, Hung's visionary leadership is set to elevate FanSee to unprecedented heights, merging innovation with user-centric solutions.

Key Points: 
  • With over 25 years of experience in the tech and startup sectors, Hung's visionary leadership is set to elevate FanSee to unprecedented heights, merging innovation with user-centric solutions.
  • This wave of enthusiasm has propelled FanSee into a critical financing phase, with several collaborations already in motion.
  • As FanSee forges ahead with its strategic initiatives, the company, under Jason Hung's visionary leadership, invites investors and partners to join in reshaping the social media landscape.
  • With a focus on innovation, security, and user empowerment, FanSee is poised to become a frontrunner in the next generation of social networking.

Gray Television Announces CFO Jim Ryan’s Upcoming Retirement and Appointment of Jeff Gignac to Succeed Him

Retrieved on: 
Tuesday, February 20, 2024

Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.

Key Points: 
  • Gray and Jim have agreed that he will remain with Gray as a Senior Advisor through his retirement to assist with a seamless transition of his duties.
  • To succeed Jim as CFO, Gray announced the hiring of Jeff Gignac, who currently serves as a Managing Director and Head of Media & Telecom Investment Banking at Wells Fargo Securities.
  • Jeff has worked closely with Jim and the Company as one of its lead bankers for the past several years.
  • Jim joined Gray as its CFO in 1998 upon our acquisition of Busse Broadcasting, where Jim had also served as CFO.