Bain

Compass Diversified Holdings Announces Changes to its Board of Directors; Long-Standing Director C. Sean Day Retires

Retrieved on: 
Wednesday, July 5, 2023

Mr. Day joined the Board in 2006, concurrent with CODI’s initial public offering, and served as Board Chair until July of 2022.

Key Points: 
  • Mr. Day joined the Board in 2006, concurrent with CODI’s initial public offering, and served as Board Chair until July of 2022.
  • “Sean has played an integral role at CODI and for our stakeholders over the past 17 years.
  • He has been instrumental in positioning the Company for sustained future success.”
    “Serving CODI as a director and as Board Chair has been an honor,” said Mr. Day.
  • Larry Enterline, Board Chair, added: “We are delighted to welcome Heidi to our Board.

Family Engagement Lab Announces Four New Powerhouse Board Members to Guide its Growth in K-12 School Districts

Retrieved on: 
Tuesday, June 27, 2023

SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- Family Engagement Lab, a national nonprofit and leader in the advancement of learning-centered family engagement in PreK-12 school systems, announced today four new Board of Director appointments to support its mission to catalyze equitable family engagement and student learning by bridging classroom curriculum and at-home learning.

Key Points: 
  • SAN FRANCISCO, June 27, 2023 /PRNewswire-PRWeb/ -- Family Engagement Lab , a national nonprofit and leader in the advancement of learning-centered family engagement in PreK-12 school systems, announced today four new Board of Director appointments to support its mission to catalyze equitable family engagement and student learning by bridging classroom curriculum and at-home learning.
  • Allison brings strong operational experience in finance, talent and HR to Family Engagement Lab.
  • Board Member, CEO and co-founder, Vidya Sundaram added, "When we started Family Engagement Lab, I envisioned a Board that represented diverse backgrounds and experiences.
  • Family Engagement Lab Board of Directors also includes Kelsey Knox as Treasurer and Garima Sahai as Secretary.

Introducing Avoli: The First Brand Dedicated Exclusively to Women and Girl Volleyball Athletes

Retrieved on: 
Monday, June 12, 2023

Avoli, the first, and only, athletic brand dedicated exclusively to the performance needs and aspirations of women and girl volleyball athletes, today announced its official launch with the support of notable investors who recognize the brand’s tremendous potential in the rapidly expanding landscape of girls’ volleyball.

Key Points: 
  • Avoli, the first, and only, athletic brand dedicated exclusively to the performance needs and aspirations of women and girl volleyball athletes, today announced its official launch with the support of notable investors who recognize the brand’s tremendous potential in the rapidly expanding landscape of girls’ volleyball.
  • All this rapid growth has sparked interest in the development of professional leagues, including the Pro Volleyball Federation, Athletes Unlimited and League One Volleyball.
  • Shane Stent, High School and Club Volleyball Coach, Silicon Valley
    These distinguished investors bring a wealth of experience, industry insights and strategic guidance that will help propel Avoli towards its mission – helping women and girl volleyball athletes realize their full potential.
  • Avoli will launch a sales and marketing campaign in July featuring top collegiate volleyball athletes to unveil its first product, a made-for-women volleyball shoe.

Waystar Accelerates Impact in Healthcare Payments with New Innovations on Cloud-Based Platform

Retrieved on: 
Thursday, June 8, 2023

Waystar , a leading provider of healthcare payments software, today announced significant enhancements across the company’s award-winning , cloud-based platform.

Key Points: 
  • Waystar , a leading provider of healthcare payments software, today announced significant enhancements across the company’s award-winning , cloud-based platform.
  • “We are at a watershed moment in healthcare, where modern technology can drastically improve results for providers and their patients,” said Matt Hawkins, Chief Executive Officer of Waystar.
  • Now, as the company introduces new claim attachments and next-generation analytic capabilities, providers can expect even less administrative waste in the payments process.
  • See here for more details on the latest developments across the Waystar platform.

Wayfair Shares Business Update

Retrieved on: 
Wednesday, June 7, 2023

BOSTON, June 7, 2023 /PRNewswire/ -- Wayfair Inc. (NYSE:W), one of the world's largest destinations for the home, today shared an update on its business leadership and performance. The company announced that Steve Oblak, Chief Commercial Officer, will retire from Wayfair in Q1 2024 after 14 years of leadership. It announced the planned appointment of Jon Blotner to the role of Chief Commercial Officer and also shared details on quarter-to-date business trends, which continue to improve in spite of a difficult macro environment.

Key Points: 
  • Steve Oblak to retire in Q1 2024; Jon Blotner to be named Chief Commercial Officer
    BOSTON, June 7, 2023 /PRNewswire/ -- Wayfair Inc. (NYSE:W), one of the world's largest destinations for the home, today shared an update on its business leadership and performance.
  • The company announced that Steve Oblak, Chief Commercial Officer, will retire from Wayfair in Q1 2024 after 14 years of leadership.
  • He oversaw countless milestones, from helping to launch the Wayfair brand as we brought together hundreds of sites into a single platform, to launching new categories, business lines, and geographies while overseeing our North American and European businesses, to leading our debut into physical retail," noted Niraj Shah, CEO, Co-Chairman and Co-Founder, Wayfair.
  • This improvement relative to the company's last business update has been driven by total order growth turning positive year-over-year during the period, offsetting lower average order values and the impact of deflation.

Samsara Welcomes Lara Caimi as President, Worldwide Field Operations

Retrieved on: 
Monday, June 5, 2023

Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced the appointment of Lara Caimi as President of Worldwide Field Operations.

Key Points: 
  • Samsara Inc. ("Samsara") (NYSE: IOT), the pioneer of the Connected Operations™ Cloud, today announced the appointment of Lara Caimi as President of Worldwide Field Operations.
  • Caimi is a recognized technology leader, with nearly 25 years of experience in the industry.
  • Caimi joins Samsara as Andy McCall, Chief Revenue Officer, announces his retirement after more than six years of service.
  • All of us at Samsara wish Andy the best in his well-deserved retirement as we welcome Lara to the company,” said Biswas.

Former McKinsey and Bain Chief Transformation Officer Named Chief Practice Officer at CEO Coaching International

Retrieved on: 
Monday, May 22, 2023

MIAMI, May 22, 2023 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce the appointment of Scott Haeger to Chief Practice Officer.

Key Points: 
  • MIAMI, May 22, 2023 /PRNewswire/ -- CEO Coaching International, the leading CEO coaching firm for growth-focused CEOs and entrepreneurs globally, is pleased to announce the appointment of Scott Haeger to Chief Practice Officer.
  • His former roles include Managing Director Corporate Transformation Services at Alvarez & Marsal, Partner at Bain & Company, Senior Vice President at McKinsey & Company, and Director at AlixPartners.
  • "We are thrilled to welcome Scott to our team in this newly created role," said Randy Dewey , President and Chief Operating Officer at CEO Coaching International.
  • For more information about CEO Coaching International and to connect with a coach, visit: https://ceocoachinginternational.com/contact/

Summit Leadership Partners Announces Board of Advisors

Retrieved on: 
Tuesday, May 2, 2023

Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.

Key Points: 
  • Summit Leadership Partners , a leadership and organization performance advisory firm and top consulting firm for private equity and the middle market, today announced it has formed and appointed a Board of Advisors composed of five highly-experienced, renowned leaders who will help provide guidance and expertise to the management team on their strategies to grow and scale the company.
  • The Board of Advisors will provide strategic direction and support to Summit as the company continues to deliver expert counsel and insights that help investors, boards, and CEOs drive business performance and create value through human capital.
  • “We are thrilled to welcome our new Board of Advisors,” said Summit founder and CEO Dan Hawkins .
  • The board will provide strategic and operational guidance to the Summit management team while supporting the continued market expansion efforts.

Heidrick & Struggles Adds Three Consultants in the Americas

Retrieved on: 
Monday, April 24, 2023

CHICAGO, April 24, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, added one partner and one principal to its executive search business and one principal to its Heidrick Consulting business in the Americas.

Key Points: 
  • CHICAGO, April 24, 2023 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, added one partner and one principal to its executive search business and one principal to its Heidrick Consulting business in the Americas.
  • Steven Baumruk joined Heidrick & Struggles as a partner in the Miami office.
  • Nicole Balsam joined Heidrick & Struggles as a principal in the Consumer Markets practice in New York.
  • Kathryn Bardi joined Heidrick & Struggles as a principal in the Chicago office.

ESG activities correlate to stronger financial performance, reveals new study from Bain & Company and EcoVadis

Retrieved on: 
Monday, April 17, 2023

assessed how ESG activities and outcomes have impacted 100,000 companies, 80% of which are private.

Key Points: 
  • assessed how ESG activities and outcomes have impacted 100,000 companies, 80% of which are private.
  • This research provides new insights into the advantages of ESG performance for private companies and underlines the imperative for private equity firms to factor ESG into their approach.
  • "Our findings provide much-needed perspective in the debate as to whether ESG activities correlate with financial performance," said Axel Seemann , advisory partner at Bain & Company.
  • The findings show that, in addition to benefiting the planet and society, ESG activities are associated with both stronger revenue growth and higher EBITDA margins.