PNC

F&M Bank Announces Leadership Changes and Retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer

Retrieved on: 
Wednesday, January 24, 2024

ARCHBOLD, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer.

Key Points: 
  • ARCHBOLD, Ohio, Jan. 24, 2024 (GLOBE NEWSWIRE) -- F&M Bank (“F&M”), an Archbold, Ohio based bank owned by Farmers & Merchants Bancorp, Inc. (Nasdaq: FMAO) today announced the retirements of Rex Rice, EVP & Chief Lending Officer and Benét Rupp, EVP & Chief Administrative Officer.
  • Rex began with the bank in 1981 and has served in a variety of leadership capacities.
  • As Chief Administrative Officer, Mr. Carsey will lead F&M’s deposit and loan operations, digital banking, and customer care functions.
  • Ms. Cover joined the Bank in 2009 and has held a variety of leadership positions within the bank’s marketing function.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Thursday, January 18, 2024

TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05150 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05150 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable February 9, 2024 to shareholders on record as at January 31, 2024.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Babcock & Wilcox Enterprises Announces New $150 Million Senior Secured Credit Facility; Reaffirmed Credit Rating of BB+

Retrieved on: 
Monday, January 22, 2024

Letters of credit issued under the previous facility with PNC are expected to transition to the Axos facility over the next several months.

Key Points: 
  • Letters of credit issued under the previous facility with PNC are expected to transition to the Axos facility over the next several months.
  • B&W also announced that the Company and its Senior Unsecured Notes (NYSE: “BWSN” and “BWNB”) have received a reaffirmed credit rating of “BB+” from the Egan-Jones Ratings Company.
  • The credit rating follows a comprehensive review and takes into consideration current market conditions.
  • “The reaffirmation of our credit rating and our new Senior Secured Credit facility reflect the stability of our business model and our continued commitment to our long-term growth capabilities.”

H2O.ai Launches GenAI World in Atlanta to Bring Education and Awareness of Responsible AI and Guardrails for Safety, Fairness and Privacy for Generative AI in Banking

Retrieved on: 
Monday, January 22, 2024

H2O.ai, the open source leader in Generative AI and machine learning, continues its world tour of bringing GenAI Training Days to major cities around the world to further democratize GenAI.

Key Points: 
  • H2O.ai, the open source leader in Generative AI and machine learning, continues its world tour of bringing GenAI Training Days to major cities around the world to further democratize GenAI.
  • Join David Palmer , Neil Desai , and Loren Bushkar as they explore the ethical, practical, and regulatory aspects of AI throughout the finance sector and more.
  • Join H2O.ai Makers to learn about Responsible AI and Guardrails for Safety, Fairness, and Privacy in Generative AI for banking.
  • Founded in 2012, H2O.ai is at the forefront of the AI movement to democratize Generative AI.

San Juan Basin Royalty Trust Declares Cash Distribution for January 2024

Retrieved on: 
Friday, January 19, 2024

The distribution is payable February 14, 2024, to the Unit Holders of record as of January 31, 2024.

Key Points: 
  • The distribution is payable February 14, 2024, to the Unit Holders of record as of January 31, 2024.
  • For the production month of November 2023, the owner of the Subject Interests, Hilcorp San Juan L.P. and the operator of the Subject Interests, Hilcorp Energy Company (collectively, “Hilcorp”), reported to the Trust net profits of $1,283,023 gross ($962,267 net royalty amount to the Trust).
  • Hilcorp reported $5,693,664 of total revenue from the Subject Interests for the production month of November 2023, consisting of $5,564,175 of gas revenues and $129,489 of oil revenues.
  • Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements.

The Advanced Leadership Institute and Carnegie Mellon University Announce The 2024 Cohort of The Executive Leadership Academy

Retrieved on: 
Friday, January 26, 2024

PITTSBURGH, Jan. 26, 2024 /PRNewswire/ -- The Advanced Leadership Institute (TALI) and Carnegie Mellon University Tepper School of Business (CMU) are pleased to announce the 2024 Executive Leadership Academy cohort.

Key Points: 
  • PITTSBURGH, Jan. 26, 2024 /PRNewswire/ -- The Advanced Leadership Institute (TALI) and Carnegie Mellon University Tepper School of Business (CMU) are pleased to announce the 2024 Executive Leadership Academy cohort.
  • Since 2019, TALI has engaged CMU Tepper Executive Education to assist with developing and delivering content that educates and expands diverse leadership from Pittsburgh through TALI's signature program — the Executive Leadership Academy.
  • The 2024 Executive Leadership Academy cohort furthers our mission and vision," says Evan Frazier, President and CEO, The Advanced Leadership Institute.
  • TALI and CMU will welcome the new cohort at the 2024 Executive Leadership Academy Kick-Off Program and Reception on January 26, 2024.

Rob DeContreras Appointed Executive Director of Growth at The Caroline K. Huo Group

Retrieved on: 
Monday, January 22, 2024

BURLINGAME, Calif., Jan. 22, 2024 /PRNewswire/ -- Today The Caroline K. Huo Group announced the appointment of Rob DeContreras as Executive Director of Growth. Rob DeContreras brings 23 years of deep experience in real estate finance and lending to the company. A real estate enthusiast at heart, this partnership leverages his expertise and passion for the industry in a perfect pairing to further enhance The Caroline K. Huo Group's exemplary reputation for the highest levels of personalized client service.

Key Points: 
  • 23 Years of Real Estate Finance and Lending a Perfect Pairing with The Caroline K. Huo Group's Reputation for Highest Levels of Client Service
    BURLINGAME, Calif., Jan. 22, 2024 /PRNewswire/ -- Today The Caroline K. Huo Group announced the appointment of Rob DeContreras as Executive Director of Growth.
  • Rob DeContreras brings 23 years of deep experience in real estate finance and lending to the company.
  • In this unique hybrid role as Agent and Executive Director of Growth, his strengths will serve to further underscore The Caroline K. Huo Group's premier reputation as best in class," said founder and Lead Agent Caroline K. Huo.
  • Rob DeContreras is excited to bring his extensive experience, unwavering passion for real estate, and proven leadership skills to the Caroline K. Huo Group to partner in helping the group and their clients succeed.

RS Earns a 95/100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Retrieved on: 
Wednesday, January 10, 2024

FORT WORTH, Texas, Jan. 10, 2024 /PRNewswire/ -- RS, a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, has received a score of 95 out of 100 on the Human Rights Campaign Foundation's 2023–2024 Corporate Equality Index (CEI). The Human Rights Campaign (HRC) is the nation's largest lesbian, gay, bisexual, transgender, and queer (LGBTQ+) civil rights advocacy organization, and the CEI is the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Key Points: 
  • FORT WORTH, Texas, Jan. 10, 2024 /PRNewswire/ -- RS , a trading brand of RS Group plc (LSE: RS1), a global provider of product and service solutions for industrial customers, has received a score of 95 out of 100 on the Human Rights Campaign Foundation's 2023–2024 Corporate Equality Index (CEI).
  • RS is honored to have increased its ranking on the HRC Foundation's Corporate Equality Index by 15 points this year.
  • "We're extremely proud to have improved our ranking on the Human Rights Campaign Foundation's 2023–2024 Corporate Equality Index," said Katie Cartwright, RS Vice President of People and Culture – Americas.
  • For more information about the Human Rights Campaign (HRC) Foundation's Corporate Equality Index (CEI), please visit www.hrc.org/cei to access the full report.

Minuteman Press Franchise in Fayetteville, NC Scores Big With NHL’s Carolina Hurricanes As Print & Sign Provider

Retrieved on: 
Monday, January 8, 2024

FAYETTEVILLE, N.C. and RALEIGH, N.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Jared Ostendorf is the owner of the Minuteman Press franchise in Fayetteville, NC since July of 2009. For nearly 15 years, Jared has successfully grown his business by delivering high quality products and outstanding customer service time and time again for his clients.

Key Points: 
  • Front of the PNC Arena featuring Carolina Hurricanes graphics produced by Minuteman Press in Fayetteville, NC.
  • FAYETTEVILLE, N.C. and RALEIGH, N.C., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Jared Ostendorf is the owner of the Minuteman Press franchise in Fayetteville, NC since July of 2009.
  • One such client that Jared has been working with for the past few years is the Carolina Hurricanes .
  • Since the 2021-22 NHL hockey season, Minuteman Press in Fayetteville, NC has been the go-to “print and sign provider” for the Hurricanes.

US Financial 15 Split Corp. Preferred Dividend Declared

Retrieved on: 
Wednesday, December 20, 2023

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04858 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.04858 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable January 10, 2024 to shareholders on record as at December 29, 2023.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.