ESOP

White Collar Defense Partner Joins Growing Dallas Office

Retrieved on: 
Tuesday, November 7, 2023
Chambers and Partners, Security (finance), Blank, Investigation, Food, Financial Industry Regulatory Authority, Blank Rome, Foreign Corrupt Practices Act, Department of Defense Office of Inspector General, Legalease Ltd., Human services, D Magazine, Health, State bureau of investigation, Federal Bureau of Investigation, Justice, Chambers, COVID-19, Telehealth, Secret Service, ESOP, Southern Methodist University, Emory University, White collar, New Hampshire Department of Justice, Barrett, 1922 Bulgarian war criminal prosecution referendum, Accounting, Corruption, False Claims Act

Dallas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Barrett R. Howell has joined the firm’s Dallas office as a partner in the White Collar Defense & Investigations group.

Key Points: 
  • Dallas, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Blank Rome LLP is pleased to announce that Barrett R. Howell has joined the firm’s Dallas office as a partner in the White Collar Defense & Investigations group.
  • Barrett has been defending companies and individuals in high-stakes white collar criminal fraud investigations, prosecutions, and civil enforcement actions for over two decades.
  • “We are excited to welcome Barrett to our Dallas office,” said Grant S. Palmer , Blank Rome’s Chair and Managing Partner.
  • “Barrett is a great addition to the white collar team,” said Jerry D. Bernstein , Partner and Co-Chair of the firm’s White Collar Defense & Investigations group.

Verit Advisors® to Speak at ESOP Association Annual Conference

Retrieved on: 
Thursday, November 2, 2023
Traveler, First American Bank, DeVault, Current Topics in Medicinal Chemistry, Cinema Verite (2011 film), Valuation, Organization, Acquisition, BMO Harris Bank, Engineering, Capital market, ESOP, LLP, The Travelers Companies, Mergers and acquisitions, Lazard, Financial services

Chicago, IL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Verit Advisors® will participate in the largest ESOP conference and trade show which will be held in Las Vegas on November 8 - 10, 2023 and hosted by The ESOP Association.

Key Points: 
  • Chicago, IL, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Verit Advisors® will participate in the largest ESOP conference and trade show which will be held in Las Vegas on November 8 - 10, 2023 and hosted by The ESOP Association.
  • In addition, Mary is a lifetime member of the Board of Governors of the ESOP Association.
  • Their session is titled “ESOP Financing Options & Market Update” and will focus on the current Financing market for new ESOP transactions and refinancing for current ESOPs.
  • Prior to joining Verit, Susan worked at William Blair as a Vice President and prior to that was at Lazard and The Travelers Companies

ButcherJoseph & Co. Advised Packaging Concepts, Inc. (PCI) on a Sale to Its Employees

Retrieved on: 
Wednesday, November 1, 2023
PCI, Culture, Growth, Sale, ESOP, Food, Retail

ST. LOUIS, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Saint Louis, MO, October 2023 – ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to Packaging Concepts, Inc. (“PCI” or the “Company”) on a sale to its employees.

Key Points: 
  • ST. LOUIS, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Saint Louis, MO, October 2023 – ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to Packaging Concepts, Inc. (“PCI” or the “Company”) on a sale to its employees.
  • PCI is a manufacturer of flexible packaging and custom-folded paperboard packaging based in St. Louis, MO.
  • PCI has an established track record as a leading packaging provider for consumer-packaged goods and specialty food service end markets.
  • PCI is the world's leading manufacturer of microwave popcorn bags and North America's leading manufacturer of theater concession packaging.

Ponce Financial Group, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Monday, October 30, 2023
Sale, Treasury, Federal Home Loan Banks, ASU, CECL, Lender option borrower option, CDFI, O'Hara, U.S. Treasury, Bank, Security (finance), Life insurance, Clothing, Cryptocurrency, ESOP

(5) For periods in 2023, balances include both modifications to borrowers experiencing financial difficulty, in accordance with ASU 2022-02 adopted on January 1, 2023, and previously existing troubled debt restructurings.

Key Points: 
  • (5) For periods in 2023, balances include both modifications to borrowers experiencing financial difficulty, in accordance with ASU 2022-02 adopted on January 1, 2023, and previously existing troubled debt restructurings.
  • Net income for the three months ended September 30, 2023 was $2.6 million compared to net loss of ($0.1) million for the three months ended June 30, 2023 and net loss of ($14.7) million for the three months ended September 30, 2022.
  • Net income for the nine months ended September 30, 2023 was $2.8 million compared to a net loss of ($20.8) million for the nine months ended September 30, 2022.
  • Total stockholders’ equity decreased $7.6 million, or 1.55%, to $485.1 million as of September 30, 2023, from $492.7 million as of December 31, 2022.

Territorial Bancorp Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Friday, October 27, 2023
Insurance, Sale, FRB, FDIC, Federal Deposit Insurance Corporation, Bank, Federal Home Loan Banks, Wildfire, Clifton Bancorp, Inc., Share repurchase, Maintenance, Interest, Federal Reserve Bank of St. Louis, Federal Reserve Bank, Environment, ESOP, FHLB, Compact disc, CECL, Investment, Cryptocurrency, Holding company

The Board of Directors approved a quarterly cash dividend of $0.05 per share, representing Territorial Bancorp Inc.’s 56th consecutive quarterly dividend.

Key Points: 
  • The Board of Directors approved a quarterly cash dividend of $0.05 per share, representing Territorial Bancorp Inc.’s 56th consecutive quarterly dividend.
  • HONOLULU, Hawaii, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $880,000, or $0.10 per diluted share, for the three months ended September 30, 2023.
  • The dividend is expected to be paid on November 24, 2023, to stockholders of record as of November 9, 2023.
  • Total interest income was $17.38 million for the three months ended September 30, 2023, compared to $16.15 million for the three months ended September 30, 2022.

Sullivan Tire Announces Employee Stock Ownership Plan

Retrieved on: 
Friday, November 3, 2023
General Automotive, Tires & Rubber, Automotive, Employee stock ownership, Family, Tuffy Auto Service Centers, ESOP, Auto, Tire, Nightclub

Sullivan Tire and Auto Service today announced a new Employee Stock Ownership Plan that will turn over ownership of the 68-year-old, family-owned company to its employees.

Key Points: 
  • Sullivan Tire and Auto Service today announced a new Employee Stock Ownership Plan that will turn over ownership of the 68-year-old, family-owned company to its employees.
  • “We are honored and proud that the future of Sullivan Tire will be shepherded by the people who have all played a role in helping us accomplish the brand recognition that is prevalent throughout New England,” said Paul Sullivan.
  • The foundation on which Robert J. Sullivan started Sullivan Tire in 1955 was, “Treat everyone, customers and fellow employees, as you would a member of your family,” and that tradition continues today.
  • Sullivan Tire continues to grow with more than 1,500 employees and locations in Massachusetts, New Hampshire, Rhode Island, Connecticut and Maine.

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2024 (Unaudited)

Retrieved on: 
Monday, October 30, 2023
Banking, Professional Services, Finance, Sale, PSLRA, Security (finance), Clifton Bancorp, Inc., COVID-19, Annual report, ESOP, External commercial borrowing, Depreciation, Cryptocurrency

Interest expense increased to $4.7 million for the three months ended September 30, 2023, from $828,000 for the three months ended September 30, 2022.

Key Points: 
  • Interest expense increased to $4.7 million for the three months ended September 30, 2023, from $828,000 for the three months ended September 30, 2022.
  • Total assets at September 30, 2023 were $870.7 million compared to $849.0 million at June 30, 2023.
  • Cash and cash equivalents increased to $13.6 million at September 30, 2023, from $11.0 million at June 30, 2023.
  • Total borrowings, including repurchase agreements, increased to $106.5 million at September 30, 2023 from $30.3 million at June 30, 2023.

The Northridge Group Names Lisa Butler as President

Retrieved on: 
Thursday, November 2, 2023
Chairperson, Principal, Butler, ITIL, CX, Operation, Customer experience, N.U.D.E.@ Natural Ultimate Digital Experiment, Fortune 1000, Artificial intelligence, ESOP, Telecommunications, Pleasure

CHICAGO, Nov. 2, 2023 /PRNewswire/ -- The Northridge Group, an award-winning, women-owned contact center operations and Customer Experience (CX) consulting firm, proudly announces the appointment of Lisa Butler as its new President. Having served nearly two decades with the company, Butler's ascent signals continued stability in the firm's commitment to delivering exceptional client value, as well as ushers in a new era of forward-thinking leadership focused on advancing customer and employee-centric services for Fortune 1000 organizations. 

Key Points: 
  • CHICAGO, Nov. 2, 2023 /PRNewswire/ -- The Northridge Group, an award-winning, women-owned contact center operations and Customer Experience (CX) consulting firm, proudly announces the appointment of Lisa Butler as its new President.
  • "Lisa has been with The Northridge Group almost since its founding and we are excited to have her at the helm during this important phase of our collective growth," said Therese Fauerbach, Chief Executive Officer, Board Chair, and Company Co-Founder.
  • Under Butler's leadership The Northridge Group will be aligning its expertise, leadership, and services around four experiential cornerstones that comprise the backbone of all successful contact center operations: Customer Experience (CX), Employee Experience (EX), Operations Experience (OpX), and Digital Experience (DX).
  • Prior to joining The Northridge Group, Butler spent her career in the telecommunications industry, where she held executive-level positions across a myriad of disciplines, including Regulatory, Sales, Product Management, and Operations.

EY ENTREPRENEUR OF THE YEAR WRITES NEW BOOK ON A GROUNDBREAKING MINDSET SHIFT THAT IGNITES COMPANY GROWTH AND EMPLOYEE EMPOWERMENT

Retrieved on: 
Tuesday, October 17, 2023
Substance abuse, Multimedia, The Wall Street Journal, EY, Star Awards for Top 10 Most Popular Female Artistes, Hint Water, Culture, Dark Ages, ESOP, Barnes & Noble, Publishing, Growth, Research, Sale, Management, Amazon

The Ownership Mindset: A Handbook for Transforming Your Life and Leadership offers practical advice for empowering employees with a shift in mentality that yields impressive and durable growth within companies and employees.

Key Points: 
  • The Ownership Mindset: A Handbook for Transforming Your Life and Leadership offers practical advice for empowering employees with a shift in mentality that yields impressive and durable growth within companies and employees.
  • It is available now via Amazon , Barnes & Noble , Amplify Publishing , and more.
  • To an owner, a business is more than a source of income, it's part of their identity.
  • It's the conscious development of this mindset—learning to "think like an owner"—that makes the difference between paycheck players and top performers.

Kerry Siggins Writes New Book on a Groundbreaking Mindset Shift that Ignites Company Growth and Employee Empowerment

Retrieved on: 
Thursday, October 12, 2023
Substance abuse, Multimedia, The Wall Street Journal, EY, Hint Water, Star Awards for Top 10 Most Popular Female Artistes, Culture, Dark Ages, QR, ESOP, Barnes & Noble, Publishing, Growth, Research, Sale, Siggins, Management, Book, Online shopping, Amazon

DURANGO, Colo., Oct. 12, 2023 /PRNewswire-PRWeb/ -- KERRY SIGGINS WRITES NEW BOOK ON A GROUNDBREAKING MINDSET SHIFT THAT IGNITES COMPANY GROWTH AND EMPLOYEE EMPOWERMENT

Key Points: 
  • Kerry Siggins, CEO of StoneAge, has written a seminal new book on the groundbreaking power of an "ownership mindset."
  • The Ownership Mindset: A Handbook for Transforming Your Life and Leadership offers practical advice for empowering employees with a shift in mentality that yields impressive and durable growth within companies and employees.
  • writes Kara Goldin, founder of Hint Water and author of the Wall Street Journal bestseller Undaunted.
  • Kerry Siggins, CEO of StoneAge, has written a seminal new book on the groundbreaking power of an "ownership mindset."