Chief executive officer

Global Tech Industries Group, Inc. provides latest information regarding digital dividend distribution

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Tuesday, August 9, 2022 - 2:10am

FINRA determined that the Company action was deficient because the Depository Trust & Clearing Corporation (DTCC) is unable to process the digital dividend distribution to GTII shareholders holding shares in CEDE & Co, which is a substantial percentage of its shareholders.

Key Points: 
  • FINRA determined that the Company action was deficient because the Depository Trust & Clearing Corporation (DTCC) is unable to process the digital dividend distribution to GTII shareholders holding shares in CEDE & Co, which is a substantial percentage of its shareholders.
  • The forms and instructions were released in the Companys press, are on the Companys website, www.gtii-us.com , and were mailed to all shareholders.
  • About Global Tech Industries Group, Inc.: GTII is a publicly traded Company incorporated in the state of Nevada, specializing in the pursuit of acquiring new and innovative technologies.
  • Unless legally required, we undertake no obligation to update, modify or withdraw any forward-looking statements, because of new information, future events or otherwise.

POET Technologies Reports Second Quarter 2022 Financial Results

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Monday, August 8, 2022 - 10:45pm

TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.

Key Points: 
  • TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.
  • The Company had finance costs of $13,000 in the second quarter of 2022 compared to $95,000 in the second quarter of 2021 and $14,000 in the first quarter of 2022.
  • Non-cash impact of joint venture in the second quarter of 2022 was ($0.7) million compared to nil in the same period of 2021 and ($0.4) million in the first quarter of 2022.
  • Cash flow from operating activities in the second quarter of 2022 was ($3.3) million compared to ($2.7) million in the second quarter of 2021 and ($3.7) million in the first quarter of 2022.

Encore CEO Ashish Masih Reappointed to U.S.-India CEO Forum

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Monday, August 8, 2022 - 10:25pm

SAN DIEGO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been reappointed by U.S. Secretary of Commerce Gina M. Raimondo to the U.S.-India CEO Forum .

Key Points: 
  • SAN DIEGO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its President and CEO, Ashish Masih, has been reappointed by U.S. Secretary of Commerce Gina M. Raimondo to the U.S.-India CEO Forum .
  • The Forum brings together top-level business executives from both nations to discuss ways to strengthen economic and commercial ties.
  • The U.S. section of the forum includes the CEOs of 19 companies representing a broad and diverse range of industries from across the United States.
  • Through its subsidiaries around the globe, Encore purchases or services portfolios of receivables from major banks, credit unions and utility providers.

WTIA Announces Winner of Seattle Regional Startup World Cup 2022 Competition

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Monday, August 8, 2022 - 5:00pm

SEATTLE, Aug. 8, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced that Advocat won the Seattle regional Startup World Cup by Pegasus Tech Ventures. The head-to-head competition was held on August 4, 2022 at CoMotion UW Startup Hall. Advocat will move on to the Grand Finale in San Francisco on September 28-30, 2022 to compete for a $1 million investment prize from Pegasus Tech Ventures. 

Key Points: 
  • SEATTLE, Aug. 8, 2022 /PRNewswire/ -- Washington Technology Industry Association (WTIA), a non-profit organization dedicated to fostering a robust, equity-centered technology sector that empowers thriving communities, today announced that Advocat won the Seattle regional Startup World Cup by Pegasus Tech Ventures .
  • The head-to-head competition was held on August 4, 2022 at CoMotion UW Startup Hall.
  • "Winning this round of the Startup World Cup competition is testament to the vision and work of the entire Advocat team," said Pradnya Desh, Advocat CEO.
  • Startup World Cup is a global series of conferences and competitions that bring together top startups, investors, entrepreneurs and tech CEOs around the world.

Florida International University leads alliance to build hospitality pipeline for underrepresented minority students and diverse leadership in hospitality

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Monday, August 8, 2022 - 4:58pm

MIAMI, Aug. 8, 2022 /PRNewswire/ -- A bold, new initiative is under way across the U.S. to create a pathway for Black and Hispanic students to become future leaders in hospitality, one of the world's largest industries. 

Key Points: 
  • The Alliance for Hospitality Equity and Diversity (AHED) , led by the Chaplin School of Hospitality & Tourism Management at Florida International University (FIU) , is on a mission to create a nationwide recruitment infrastructure to increase diversity among students at member universities.
  • Targeting university recruitment is the first of many initiatives that will address the diversity pipeline that leads to hospitality C-suite opportunities.
  • The Alliance brings together higher learning institutions and top hospitality brands and associations.
  • According to the U.S. Department of Labor, only 5.8 percent of U.S. hospitality students identified as Black or African American.

Gainwell Technologies Wins Comparably Awards for “Best CEOs for Women” and “Best Leadership Teams”

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Monday, August 8, 2022 - 2:30pm

These two Comparably Awards recognize our deep commitment in these areas and celebrate our accomplishments to date, said Paul Saleh, Chief Executive Officer at Gainwell.

Key Points: 
  • These two Comparably Awards recognize our deep commitment in these areas and celebrate our accomplishments to date, said Paul Saleh, Chief Executive Officer at Gainwell.
  • Were proud to say that 52 percent of the employees at Gainwell are women, and we have a significant number of women in leadership as well.
  • Comparably Awards celebrate the companies and leaders deemed as the most exceptional in 16 categories during a 12-month period by those who know them best the employees.
  • Gainwell was also recognized for Best HR Team and Best Places to Work in Washington DC by Comparably in 2022.

Mobivity to Present at Canaccord Genuity 42nd Annual Growth Conference on August 11, 2022

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Monday, August 8, 2022 - 1:30pm

Mobivity will conduct one-on-one meetings on August 11th and host a group presentation at 3pm ET the same day in the Wheeler room.

Key Points: 
  • Mobivity will conduct one-on-one meetings on August 11th and host a group presentation at 3pm ET the same day in the Wheeler room.
  • A link to the live webcast of the Companys presentation is https://wsw.com/webcast/canaccord76/mfon/2461104 .
  • For more information about the conference or to schedule a meeting with the Company, please contact your representative at Canaccord Genuity.
  • Mobivity provides a platform to connect national restaurants, retailers, personal care brands, and their partners with customers to increase retention, visits, and spend.

Former CEO of $1B Global Sales and Distribution Business Joins CEO Coaching International

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Monday, August 8, 2022 - 1:35pm

MIAMI, Aug. 8, 2022 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce Angela Korompilas as its newest Partner and Coach.

Key Points: 
  • MIAMI, Aug. 8, 2022 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce Angela Korompilas as its newest Partner and Coach.
  • Korompilas has 25 years of experience in global sales & distribution, hospitality, and family business.
  • "Angela is an accomplished CEO whose experience leading a multi-generational family business, scaling globally, and building high-performance teams will make her a tremendous coach on our team," said Mark Moses , CEO and Founding Partner of CEO Coaching International.
  • The coaches at CEO Coaching International are former CEOs, presidents, or executives who have made BIG happen.

GlobalFoundries and Qualcomm Announce Extension of Long-term Agreement to Secure U.S. Supply through 2028

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Monday, August 8, 2022 - 1:30pm

WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- Following the recent passage of the U.S. CHIPS and Science Act last week, GlobalFoundries (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing and Qualcomm Technologies, Inc. today announced they are more than doubling their existing strategic global long-term semiconductor manufacturing agreement previously entered into by GF's and Qualcomm's respective subsidiaries. Today's announcement secures wafer supply and commitments to support U.S.-based manufacturing through capacity expansion at GF's most advanced semiconductor manufacturing facility, in Malta, New York.

Key Points: 
  • Ltd (QGT), a subsidiary of Qualcomm Technologies, was one of GF's first customers to secure their supply with a long-term agreement covering multiple geographies and technologies.
  • "This is terrific news for GlobalFoundries, Qualcomm Technologies and for upstate New York.
  • "Our collaboration with Qualcomm Technologies delivers differentiation and innovation in mobile and IoT spanning three continents, and this long-term agreement extension provides Qualcomm Technologies with additional U.S. based manufacturing for a more resilient supply chain."
  • Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G.

GLOBALFOUNDRIES, APPLIED MATERIALS AND FORD TO CO-HOST CEO SUMMIT TO SECURE U.S. CHIP SUPPLY CHAIN

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Monday, August 8, 2022 - 1:00pm

WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- GlobalFoundries (Nasdaq: GFS) (GF), Applied Materials, Inc. (Nasdaq: AMAT) and Ford Motor Company (NYSE: F) today announced that the three companies' CEOs will be co-hosting a summit of senior government officials, CEOs and C-suite executives from companies either involved in technology manufacturing or companies whose ability to compete depends on continued innovation, technology leadership and access to semiconductor chips in the U.S.

Key Points: 
  • More than 35 senior executives and leaders will be joining Dr. Thomas Caulfield, President and CEO, GF, Gary Dickerson, President and CEO, Applied Materials and Jim Farley, President and CEO, Ford at the summit for these timely and critical discussions.
  • Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world.
  • Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality.
  • Additionally, Ford is establishing leadership positions in mobility solutions, including self-driving technology, and provides financial services through Ford Motor Credit Company.