Bain

Defy.vc Welcomes Medha Agarwal as General Partner and Amy Yin as Venture Partner

Retrieved on: 
Monday, November 20, 2023
Harvard University, Series A round, Engineering, Patreon, Investment, Fintech, Airspace, Partner, Bain & Company, Computer science, General partnership, Bain, Defy, Scale Venture Partners, Software as a service, HackerOne, Growth, Health, Parent, AI, Circle, Coinbase, Redpoint Ventures, Cryptocurrency

WOODSIDE, Calif., Nov. 20, 2023 /PRNewswire/ -- Defy.vc, a leading early-stage venture capital firm, is thrilled to announce two significant additions to its team. Medha Agarwal has joined as a General Partner, and Amy Yin has assumed the role of Venture Partner. This strategic expansion comes as Defy.vc remains steadfastly committed to backing extraordinary early-stage founders from its recently established $300M Fund III, unveiled earlier this year.

Key Points: 
  • Medha Agarwal has joined as a General Partner, and Amy Yin has assumed the role of Venture Partner.
  • Medha Agarwal brings a wealth of experience to her role as a former operator turned investor.
  • Prior to joining Defy.vc, Medha was a Partner at Redpoint Ventures where she led investments in companies including Whatnot, Tend, Proper Finance and more.
  • Amy Yin, Defy.vc's newest Venture Partner, significantly bolsters the investment team.

This Week in Environment News: 11 Stories You Need to See

Retrieved on: 
Friday, November 17, 2023
Disclosure, Southwest Airlines, Behavior, Research, Policy, BGS, Organization, Head, COP28, ACCEL, Investment, Acceleration, IBM, Student, Database, Weather, Bain & Company, Related, SAF, Risk, Bain, Breakthrough Energy, Kid, Rehabilitation, Sunlight, Conference, Curriculum, Geography, Subject-matter expert, PR Newswire, Soil, The Conference Board, Photosynthesis, Quantum dot, News, Education, Fluorescence, Hunting, Renewable energy, Publishing, Gonostomatidae, Masdar

NEW YORK, Nov. 17, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the environment industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • NEW YORK, Nov. 17, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire.
  • To help journalists covering the environment industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
  • The list below includes the headline (with a link to the full text) and an excerpt from each story.
  • Click on the press release headlines to access accompanying multimedia assets that are available for download.

Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences

Retrieved on: 
Tuesday, November 14, 2023
Gen, Research, Creativity, Euro, Investment, Tourism, Generation, Bain & Company, M&A, Millennials, City, Uncertainty, Fashion, Clienteling, Interview, Acceleration, Luxury goods, Generation Z, Jewellery, Growth, Beauty, Travel, Altagamma, Bain

MILAN, Nov. 14, 2023 /PRNewswire/ -- The global luxury market is projected to reach €1.5 trillion in 2023, an 8-10% growth over 2022, setting a new record for the industry and proving its unparalleled resilience. These are among the findings of the latest Bain & Company report with Altagamma, the Italian luxury goods manufacturers' industry association. Spending on experiences, particularly, recovered to historic highs, fueled by a resurgence in social interactions and travel.

Key Points: 
  • These are among the findings of the latest Bain & Company report with Altagamma, the Italian luxury goods manufacturers' industry association.
  • The research suggests a softening personal luxury goods performance in 2024, achieving low-to-mid single digit growth over 2023, based on current scenarios.
  • "The luxury market is generating positive growth for 65-70% of brands in 2023, compared to 95% in 2022.
  • "Capturing and amplifying the market potential will be key, as the clear convergence among luxury markets allows for further expansion.

Consumers say their environmental concerns are increasing due to extreme weather; study shows they're willing to change behavior, pay 12% more for sustainable products

Retrieved on: 
Monday, November 13, 2023
Carbon, Gen, Research, Behavior, Climate change, Policy, MIT, Head, Air pollution, Climate, Regulation, Government, Biodiversity loss, Consultant, Weather, Consumer, Bain & Company, Trust, Infant, Marketing, Water, Generation Z, Instinct, Consumer behaviour, HEC Paris, News, Environment, Thought, ESG, Retail, Agriculture, Management, Renewable energy, Recycling, Bain, Fair trade certification

NEW YORK, Nov. 13, 2023 /PRNewswire/ -- As extreme weather prompts growing environmental concern across the globe, new research from Bain & Company shows more than 60% of businesses are off track to meet their current sustainability goals. Progress will require a combination of technology, policy, and behavior change. An increasingly conscious base of consumers and employees may prove helpful.

Key Points: 
  • Among them, the ideas that consumers won't pay more for sustainable products and that consumer behavior is fixed.
  • Consumers are willing to pay a premium for sustainable products, 12% on average, but they are still priced too high.
  • As concerns grow, consumers are looking to make environmentally sound choices and are willing to pay more for sustainable products.
  • For example, consumers in the US are willing to pay an average premium of 11% for products with a minimized environmental impact.

Announcing Keynote Lineup: Leading Voices in Cybersecurity, Tech, and Leadership to Headline at EWF 2023 Annual Conference

Retrieved on: 
Monday, October 30, 2023
Linda, Knowledge, Risk, Female, Woman, Policy, Woolley, Ecosystem, Ethics, Government, Canadian Undergraduate Technology Conference, Bain, United States Air Force, Courage, McGuire family, Conference, Merck, Doctor of Philosophy, Bain & Company, Control, The Future of Money, Risk management, CISO, Annual conferences within Methodism, Asian Leadership Conference, Executive, KC, Campbell, Face, IBM, EWF, Medical device, Fear, Privacy, AI

Every year the Executive Women’s Forum on Information Security, Risk Management & Privacy (EWF) selects a few women at the forefront of leadership and technology to deliver keynote speeches at their Annual Conference.

Key Points: 
  • Every year the Executive Women’s Forum on Information Security, Risk Management & Privacy (EWF) selects a few women at the forefront of leadership and technology to deliver keynote speeches at their Annual Conference.
  • This year's conference, Blazing the Trail: Technology and Leadership in Complex Times , on November 7-9 in San Antonio, TX, will see four trailblazers in AI, cybersecurity, and leadership.
  • The EWF Conference will feature panel discussions, roundtable workshops, and networking for female professionals in information security, risk management, and privacy.
  • We are confident that their insights will inspire the women in this industry to navigate complex challenges with confidence and resilience," says Linda R. Dolceamore, Leadership Conference Chair.

Envision Healthcare Begins CEO Transition, Appoints Board Chairman

Retrieved on: 
Monday, November 6, 2023
Health, Hospitals, Practice Management, Other Health, Managed Care, General Health, Military Open Simulator Enterprise Strategy, UnitedHealth Group, Insurance, Envision, Bridgewater Associates, Health care, Commercial and Government Entity code, Bain, Economics, Financial management, Georgetown University, Organization, Interim management, Bain & Company, University, Multimedia, Howe, Growth, COVID-19, Risk, Business administration, Commercial, Interim, Chenming Hu, Envision Healthcare, Bankruptcy, Portland State University, CFO, Master of Business Administration, Patient, Accounting, Bank One Corporation, State, Bachelor of Arts in Organizational Psychology, Management, Nursing

Envision Healthcare, a leading national medical group, announced today the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.

Key Points: 
  • Envision Healthcare, a leading national medical group, announced today the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.
  • Howe steps into this role as current Envision CEO Jim Rechtin transitions out of the organization at the end of November.
  • Envision also announced the appointment of healthcare industry veteran Steve Nelson to the position of Chairman of the Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20231106756041/en/
    Envision Healthcare announced the appointment of Henry Howe as Interim Chief Executive Officer (CEO), effective December 1, 2023.

TodayTix Group Announces Appointment of Liza Lefkowski to Board of Directors

Retrieved on: 
Tuesday, October 31, 2023
Film & Motion Pictures, Theatre, Music, Technology, Electronic Commerce, Arts, Museums, General Entertainment, Events, Concerts, Entertainment, Software, Other Entertainment, Harvard Business School, NYSE, Bain, MBA, City, Private equity, Bain & Company, Culture, TodayTix, Sony Entertainment, Innovation system, Computer science, Management, Science, Wayfair

TodayTix Group, the global e-commerce leader for cultural experiences, today announced that Liza Lefkowski has been appointed to the Company’s board of directors.

Key Points: 
  • TodayTix Group, the global e-commerce leader for cultural experiences, today announced that Liza Lefkowski has been appointed to the Company’s board of directors.
  • Lefkowski joins existing board members including Michael Lynton, former Sony Entertainment CEO, and Michael Kumin, Managing Director at Great Hill Partners.
  • “This is a dynamic, supercharged time for our brands, and I’m humbled and energized to welcome Liza to our board of directors,” said Brian Fenty, CEO and Co-founder of TodayTix Group.
  • The TodayTix Group board of directors is pleased to welcome Liza Lefkowski and is certain that her addition will be instrumental in the company’s continued success.

EDITED and Bain & Company Point to Three Reasons Luxury Should Remain Resilient Amid Economic Turbulence

Retrieved on: 
Thursday, October 19, 2023
Technology, Luxury, Electronic Commerce, Professional Services, Fashion, Data Analytics, Retail, Data Management, Artificial Intelligence, Bain, Imran Amed, Bain & Company, Puma, Research, Luxury goods, Inside Retail, Growth, COVID, Business

EDITED , a leading AI-driven merchandising experience platform, has partnered with global consultancy Bain & Company to produce a market-leading insights report and infographic on the luxury sector.

Key Points: 
  • EDITED , a leading AI-driven merchandising experience platform, has partnered with global consultancy Bain & Company to produce a market-leading insights report and infographic on the luxury sector.
  • The research, titled “Three Reasons Luxury Should Remain Resilient”, outlines how luxury retailers can maintain momentum through strategic action during economic uncertainty.
  • The luxury sector faced major shifts over recent years from rapid inflation to slowing economic growth, continued COVID lockdowns in China, and the outbreak of war in Ukraine in 2022.
  • Despite these headwinds, sales have never been stronger in the luxury market.

Silicon Valley Bank Names Jennifer Friel Goldstein Head of Business Development for Life Science and Healthcare Banking

Retrieved on: 
Wednesday, October 18, 2023
San Francisco Bay Area, Silicon, Bain, Biotechnology, Working, Bain & Company, First Citizens BancShares, Business development, University, MBA, LSHC, Wharton School of the University of Pennsylvania, Pfizer, SVB, Most, Silicon Valley Bank, Widener University Commonwealth Law School, VC, Investment, College of Engineering (KNUST), SAN, Management, Health care

SAN FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 20-year healthcare financing industry veteran Jennifer Friel Goldstein has been appointed Head of Business Development and Strategic Initiatives for Life Science and Healthcare (LSHC) banking. Based in the Bay Area, Goldstein reports to 30-year SVB leader Joan Parsons, Head of Technology and Healthcare Banking.

Key Points: 
  • SAN FRANCISCO, Oct. 18, 2023 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank, today announced that 20-year healthcare financing industry veteran Jennifer Friel Goldstein has been appointed Head of Business Development and Strategic Initiatives for Life Science and Healthcare (LSHC) banking.
  • Based in the Bay Area, Goldstein reports to 30-year SVB leader Joan Parsons, Head of Technology and Healthcare Banking.
  • Through its nationwide Life Science and Healthcare practice , SVB provides specialized banking services, debt-financing solutions, industry partnerships, and leading market insights to companies and investors across these sectors.
  • Working closely with SVB's Life Science and Healthcare leadership team, Goldstein will identify market opportunities to connect VC and industry stakeholders to SVB's clients and prospects.

Covant Therapeutics Appoints Vincent Hennemand as Chief Executive Officer

Retrieved on: 
Friday, October 13, 2023
Director of the National Institutes of Health, Inflammation, Therapy, Intergalactic, PureTech Health, Growth, SVP, Bain, NIH, Pharmaceutical industry, Sanofi

BOSTON, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Covant Therapeutics, an innovative covalent drug discovery company, is pleased to announce the appointment of Vincent Hennemand as Chief Executive Officer (CEO).

Key Points: 
  • BOSTON, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Covant Therapeutics, an innovative covalent drug discovery company, is pleased to announce the appointment of Vincent Hennemand as Chief Executive Officer (CEO).
  • Vincent Hennemand is a seasoned executive with a distinguished career in the pharmaceutical and biotechnology industry.
  • With an exceptional track record of leadership, a passion for advancing healthcare, novel classes of therapeutics, and in-depth experience in immunology therapies, Vincent is poised to guide Covant Therapeutics into a new era of growth, innovation, and patient-centric excellence.
  • Commenting on his appointment, Vincent Hennemand stated, "I am deeply honored to lead Covant Therapeutics at this promising moment.