McKinsey & Company

U.S. Bancorp promotes Gunjan Kedia to president

Retrieved on:

Friday, May 3, 2024

Banking, Personal Finance, Professional Services, Finance, BNY Mellon, PBS, McKinsey & Company, Bank holding company, Tepper School of Business, Carnegie Mellon University, PwC, Cecere, State Street, Multimedia, USB, Growth, Woman

U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Gunjan Kedia will be its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO.

Key Points:

U.S. Bancorp (NYSE: USB), parent company of U.S. Bank, announced today that Gunjan Kedia will be its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO.
View the full release here: https://www.businesswire.com/news/home/20240503289625/en/
In this role, Kedia, 53, will oversee the company’s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network.
“During her more than seven years with U.S. Bank, Gunjan has shown herself to be a visionary leader who understands our business and is driven to help us perform at our best.
I am deeply honored to be trusted with this opportunity to drive our future success in a broader way,” Kedia said.

2024 SecurityScorecard Research: Adversaries Exploit Third-Party Vulnerabilities to Maximize the Stealth, Speed, and Impact of Ransomware Attacks

Retrieved on:

Thursday, May 2, 2024

Software, Supply Chain Management, Internet, Professional Services, Data Management, Technology, Artificial Intelligence, Security, Retail, Data Analytics, Transport, Logistics, Entrepreneurship, Multimedia, McKinsey & Company, Ecosystem, Research, Risk, SecurityScorecard

SecurityScorecard today announced findings from its 2024 Redefining Resilience: Concentrated Cyber Risk in a Global Economy Research , with McKinsey & Company as a knowledge partner.

Key Points:

SecurityScorecard today announced findings from its 2024 Redefining Resilience: Concentrated Cyber Risk in a Global Economy Research , with McKinsey & Company as a knowledge partner.
The threat research uncovers an extreme concentration of cyber risk in just 15 vendors, posing serious threats to national security and global economies.
The research also details a surge in adversaries exploiting third-party vulnerabilities to maximize the stealth, speed, and impact of supply chain cyberattacks.
While these companies must maintain flawless security at all times, attackers need only exploit a single vulnerability within their expansive attack surface.

Bridging Healthcare Gaps: The Wonder Woman Collective Unveils a New Vision for Women's Health

Retrieved on:

Friday, May 3, 2024

With a shared commitment to innovation and excellence, this is the start of a foundation where future companies can join and redefine the standard of care in women's health. "With this initiative, we forge a new path in healthcare - one where comprehensive care, innovation, and patient-centricity are not just ideals, but realities. This is where the future of women's health begins." said Elizabeth Burstein, Co-Founder and CEO of Neura Health. Tina Keshani, Founder and CEO of Seven Starling adds "Women deserve specialized and tailored healthcare solutions to address their unique needs -- and no one company can do it all. "

Key Points:

Five leading women's health companies, Paloma Health, Neura Health, LEVY Health, Seven Starling and Origin, have joined forces to announce The Wonder Woman Collective.
This strategic partnership addresses critical gaps in women's healthcare, focusing on improving healthcare outcomes, promoting health equity, reducing costs, and enhancing women's health.
"Addressing the Women's Health Gap is not just an option but a critical necessity.
"Through The Wonder Woman Collective, we are unifying diagnostic expertise and specialized care, enhancing the patient's journey and offering timely, comprehensive solutions," said Caroline Mitterdorfer, Co-Founder and CEO of LEVY Health.

Ambe Engineering Launches European Operations

Retrieved on:

Thursday, May 2, 2024

Agriculture, CFO, Porsche, McKinsey & Company, Consultant, Miller, Mercedes-Benz, Partner, Airline

FARMINGTON HILLS, Mich., May 2, 2024 /PRNewswire/ -- Ambe Engineering, LLC (Ambe), a global operational and strategic consultancy, expanded its footprint into Europe, building on its already established global network to further support clients in the automotive and manufacturing sectors. Ambe's European operations are headquartered in Stuttgart, Germany.

Key Points:

Company Establishes Ambe Europe in Stuttgart, Germany, Expanding its Operations and Expertise
FARMINGTON HILLS, Mich., May 2, 2024 /PRNewswire/ -- Ambe Engineering, LLC (Ambe), a global operational and strategic consultancy, expanded its footprint into Europe, building on its already established global network to further support clients in the automotive and manufacturing sectors.
"Although we have been servicing clients in Europe for years, we are excited to expand our European operations to help strengthen our capabilities and continue to grow our business.
This will enhance Ambe's ability to support the global manufacturing industry with our operational and strategic solutions," said David Jerneycic, President of Ambe.
In addition to the U.S. and Germany, Ambe has operations based in Mexico, Brazil and India.

SafeSend Appoints Mathieu Stevenson as CEO to Lead Strategic Expansion and Product Innovation in Tax and Accounting Automation

Retrieved on:

Tuesday, April 30, 2024

ANN, TaxAct, McKinsey & Company, Lead, Automation, Yoy, Software, Investment, Growth

ANN ARBOR, Mich., April 30, 2024 /PRNewswire-PRWeb/ -- SafeSend, the leading provider of automation technology for tax and accounting professionals, announced the appointment of Mathieu Stevenson as its new Chief Executive Officer. Stevenson's tenure marks an exciting new chapter for SafeSend, characterized by expansion, product innovation, and unparalleled commitment to firm and client success.

Key Points:

Stevenson's tenure marks an exciting new chapter for SafeSend, characterized by expansion, product innovation, and unparalleled commitment to firm and client success.
Stevenson's tenure marks an exciting new chapter for SafeSend, characterized by expansion, product innovation, and unparalleled commitment to firm and client success.
"We are thrilled to welcome Mathieu Stevenson to lead SafeSend in our next phase of growth and innovation," said Steve Dusablon, SafeSend co-founder.
"We are thrilled to welcome Mathieu Stevenson to lead SafeSend in our next phase of growth and innovation," said Steve Dusablon, SafeSend co-founder and Chief Innovation Officer.

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on:

Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points:

The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
"We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on:

Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points:

The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
"We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

US Payments Forum Resource Explores Convergence of Connected Car and Contextual Payments

Retrieved on:

Thursday, May 2, 2024

Ecosystem, McKinsey & Company, Connected car, Research, Original equipment manufacturer, Organization, Government, Knowledge, Mobile phone

REDWOOD CITY, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- The U.S. Payments Forum today launches a new white paper delving into the synergy between connected cars and contextual payments.

Key Points:

REDWOOD CITY, Calif., May 02, 2024 (GLOBE NEWSWIRE) -- The U.S. Payments Forum today launches a new white paper delving into the synergy between connected cars and contextual payments.
By 2030, about 95 percent of new vehicles sold globally will be connected, according to McKinsey research.
“ Connected Car and Contextual Payments ,” is a resource developed in tandem with the market’s growth to educate merchants, original equipment manufacturers (OEMs) and additional relevant parties.
By joining the Secure Technology Alliance, members will have access to activities within the U.S. Payments Forum and additional Alliance-affiliated organizations.

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:

Sunday, 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

Oceana Announces James Simon as New CEO

Retrieved on:

Friday, April 19, 2024

Harvard Law School, Climate change, McKinsey & Company, Policy, Yale College, Justice, European, Retirement, Culture, Environment, Head, Natural Resources, Criminal defense lawyer, Harvard Law Review, Growth, Management

WASHINGTON, April 19, 2024 (GLOBE NEWSWIRE) -- Oceana’s Board of Directors is pleased to announce it has appointed James (Jim) Simon as the next Chief Executive Officer of Oceana.

Key Points:

WASHINGTON, April 19, 2024 (GLOBE NEWSWIRE) -- Oceana’s Board of Directors is pleased to announce it has appointed James (Jim) Simon as the next Chief Executive Officer of Oceana.
This announcement follows an extensive eight-month global search and the upcoming retirement of Andrew Sharpless, Oceana’s longtime CEO.
“I’m thrilled and honored to continue working with Oceana’s talented staff and generous supporters in my new role as CEO,” said Jim Simon, Oceana’s longtime President and newly appointed CEO.
“The Board undertook an inclusive and fair search process that helped us affirm that Jim Simon is the best person positioned to lead Oceana into the future,” said Oceana Board Member Sara Lowell, who led the CEO search committee.