Treasurer

Peapack Private Announces New York City Expansion

Retrieved on: 
Monday, April 8, 2024
Citigroup, Private, Growth, Corrado, Capital One, Business, JPMorgan Chase, Bryant University, Flagstar Bank, Capital, Treasurer, Commercial, Senior, Commercial bank, Marketing, Private banking, Professional services, Committee on Finance, PGC, Hofstra University, Signature Bank

Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.

Key Points: 
  • Andrew, fresh off his long tenure from Signature Bank and its successor Flagstar Bank, is now the President of the Commercial Bank in New York for Peapack Private.
  • “We are continuing to move aggressively into New York City due to the market disruption that occurred last spring,” said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank.
  • “We were attracted to the single-point-of-contact model that Peapack Private offers, along with the added value of its wealth management solutions,” commented Corrado.
  • Peapack Private fully expects to continue offering its private banking service model to the Tri-State area and to grow in the coming years.

NewtekOne, Inc. Promotes Frank M. DeMaria to Chief Accounting Officer

Retrieved on: 
Monday, April 1, 2024
KPMG, Knowledge, Controller, Flagstar Bank, Treasurer, Senior, BOCA, Amalgamation, KPMG LLP, NEWT, Accounting, Management

BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has promoted Mr. Frank M. DeMaria to Executive Vice President, Chief Accounting Officer of NewtekOne effective as of March 29, 2024.

Key Points: 
  • BOCA RATON, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) has promoted Mr. Frank M. DeMaria to Executive Vice President, Chief Accounting Officer of NewtekOne effective as of March 29, 2024.
  • Frank brings a career’s worth of experience across many facets of financial holding company accounting and finance to this position.
  • Frank’s prior experience includes being Senior Vice President & Controller at Flagstar Bank, N.A; Senior Vice President & Chief Accounting Officer at Amalgamated Financial Corp.; and Senior Manager at KPMG LLP, Audit Financial Services.
  • Our former Chief Accounting Officer, Nick Leger, has assumed the role of Senior Vice President and Treasurer of NewtekOne and Newtek Bank.

Logan Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Tuesday, March 26, 2024
Regulation S-K, Growth, NAV, Regulation, Treasurer, Disclosure, BC Partners, Investment, NII, Family, Share repurchase, Total, LRFC, Cryptocurrency

NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- Logan Ridge Finance Corporation (“Logan Ridge”, “Logan”, “LRFC”, “Company”, “we”, “us” or “our”) (Nasdaq: LRFC) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Net asset value decreased to $33.34 per share as of December 31, 2023 from $34.78 per share in the as of September 30, 2023.
  • Restored the Company’s quarterly distribution during the first quarter of 2023, which has increased each quarter during the year.
  • As of December 31, 2023, the Company reported undistributed spillover earnings of $2.6 million, or $0.97 per share.
  • Our operating results for the years ended December 31, 2023 and 2022 were as follows (dollars in thousands):
    For the Years Ended December 31,

Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Retrieved on: 
Monday, April 8, 2024
Blockchain, Software, Finance, Banking, Data Management, Professional Services, Technology, Fintech, Treasurer, Secret, Organization, Risk management, Growth, ISV, Goldman Sachs, CFO, Partnership, Risk, RSM US, ERP, TMS, JPMorgan Chase, BlackRock, LLP, LexisNexis, ICD, AWS, CFOS, PwC, BNY Mellon, Blackline, Ecosystem, API, Accenture, Onyx, Digital Solutions, Treasury, Workday, Inc., ERPs, Consultant, Cryptocurrency

“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.

Key Points: 
  • “Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.
  • “Kyriba is committed to cultivating the industry's strongest partner ecosystem and we are thrilled to be extending our innovation through our latest partnership with Workday and collaboration with Onyx.
  • This innovative cross-border payment solution is complemented by real-time payments and real-time bank reporting through the J.P. Morgan’s Global Payments API, available within the Kyriba Marketplace.
  • Partners such as Deloitte have made strategic investments in developing a global Kyriba network and are delivering the largest and most complex Kyriba implementations.

Calvin Mew (PMD 1984) to Serve as Harvard Business School Club of New York's Next President

Retrieved on: 
Friday, April 5, 2024
Woman, Peeters, Domestic violence, National Council, Harvard Business School, Human, Columbia University, Treasurer, Teachers College, Columbia University, Union Theological Seminary, MBA, Center Against Domestic Violence, Small business, Club, Council, PMD, Advertising, Bozell, Yale University, Osborne Association, Management

NEW YORK, April 5, 2024 /PRNewswire/ -- The Harvard Business School Club of New York ( HBSCNY ) is pleased to announce that Calvin Mew (PMD 1984) will serve as President beginning July 1, 2024.

Key Points: 
  • NEW YORK, April 5, 2024 /PRNewswire/ -- The Harvard Business School Club of New York ( HBSCNY ) is pleased to announce that Calvin Mew (PMD 1984) will serve as President beginning July 1, 2024.
  • Mew will succeed outgoing President, Clare Peeters (MBA 2000), after three years of exceptional leadership.
  • Mew has been an integral part of the Club for over two decades.
  • Besides Harvard Business School, Mew was educated at Yale University, Union Theological Seminary and Columbia University.

More mergers to come under scrutiny in another leg of Chalmers’ competition policy

Retrieved on: 
Tuesday, April 9, 2024
ACCC, Risk, University, Treasurer, Food, OECD, Competition, Competition Tribunal, Workload, Treasury, Economics, Government, Law, Supermarket

Treasurer Jim Chalmers has unveiled new rules governing company mergers that will bring more of them under scrutiny to ensure they don’t worsen competition.

Key Points: 
  • Treasurer Jim Chalmers has unveiled new rules governing company mergers that will bring more of them under scrutiny to ensure they don’t worsen competition.
  • A mandatory notification system will be brought in and the Australian Competition and Consumer Commission will be the single decision-maker on all mergers.
  • At the moment, notifications are voluntary, with the ACCC having the right to object after they have gone ahead.
  • Mergers above a yet-to-be-determined threshold and mergers which could significantly change market concentration will have to be notified and approved before going ahead.

Employers Holdings, Inc. Announces Board Chair Transition

Retrieved on: 
Thursday, March 14, 2024
Principle, EIG, Bryn Mawr School, Silent Spring Institute, Putnam Investments, Insurance, Chairperson, Employment, Treasurer, Audit committee, Committee on Finance, Human resource management, Lutheranism, Compensated emancipation, Management

HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE: EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair.

Key Points: 
  • HENDERSON, Nev., March 14, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc., (NYSE: EIG) today announced that the chair of its Board of Directors, Michael J. McSally, will be stepping down as Board Chair.
  • The Board of Directors has unanimously elected board member Jeanne L. Mockard as the incoming Board Chair, effective March 20, 2024.
  • “Mike has been an excellent Board Chair and on behalf of the Board, I thank him for his leadership.
  • Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company.

Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Joint Ventures, CLO, Certified Public Accountant, AQR Capital, University, PwC, Central Florida, Credit control, Joint venture, Policy, NAV, Par, Controller, Treasurer, American Institute, Investment, NII, Share repurchase, Total, Cryptocurrency

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million
    NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.
  • Total investment income for the fourth quarter of 2023 was $17.8 million, a decrease of $0.8 million as compared to $18.6 million for the fourth quarter of 2022 and a decrease of $0.8 million as compared to $18.6 million for the third quarter of 2023.
  • Core investment income1, excluding the impact of purchase price accounting, for the fourth quarter of 2023 was $17.7 million, unchanged from the fourth quarter of 2022 and a decrease of $0.6 million as compared to $18.3 million for the third quarter of 2023.
  • The increase in NII in the fourth quarter of 2023 was the result of a one-time expense reimbursement from the Company’s investment adviser.

Spero Therapeutics Announces Fourth Quarter and Full Year 2023 Operating Results and Provides a Business Update

Retrieved on: 
Wednesday, March 13, 2024
Gram-negative bacteria, Department of Defence, Urinary tract infection, GSK, Patient, Human services, Quality of life, IND, Tebipenem, Clinical trial, Therapy, Infection, Research, Policy, Treasurer, Carbapenem-resistant enterobacteriaceae, Safety, Pharmacokinetics, Federal, Food, AP, Drug discovery, Disease, Kidney, SPA, Acinetobacter baumannii, MDR, Pyelonephritis, Annual report, FDA, Army, HBR, Government, Unitary state, NTM, Assistant, Fungal infection, Pseudomonas aeruginosa, Hope, National Institutes of Health, ID, Mycobacterium avium complex, Bangladesh Technical Education Board, Administration, Pharmaceutical industry

“2023 was a productive year for Spero and we have been focused on execution across our programs,” said Sath Shukla, President, and Chief Executive Officer of Spero.

Key Points: 
  • “2023 was a productive year for Spero and we have been focused on execution across our programs,” said Sath Shukla, President, and Chief Executive Officer of Spero.
  • Top-line data from the Phase 2a proof-of-concept clinical trial in treatment-naive and treatment-experienced non-refractory NTM-PD patients is expected in 2H 2024.
  • Spero commenced enrollment in PIVOT-PO, a global, randomized, double-blind, Phase 3 clinical trial of tebipenem HBr in patients with cUTI, including AP in December 2023.
  • Total revenue for the fourth quarter of 2023 was $73.5 million, compared with total revenue of $47.4 million for the fourth quarter of 2022.

Fossil Group, Inc. Announces Leadership Changes

Retrieved on: 
Wednesday, March 13, 2024
FOSL, Pillsbury (brand), Kraft Foods, Treasurer, Audit committee, KSS, Sally Beauty Holdings, Compensation, SBH, Retirement, Interim, Fossil Group, Lead, Management

RICHARDSON, Texas, March 13, 2024 (GLOBE NEWSWIRE) -- Fossil Group, Inc. (“Fossil” or “the Company”, NASDAQ: FOSL) today announced that Kosta N. Kartsotis is stepping down from his position as Chief Executive Officer and a member of the Board of Directors (the “Board”), effective immediately. To ensure a seamless transition, Kartsotis will remain with the Company in a transitional role until September 2024 and, thereafter, will provide consulting services to the Company until September 2025.

Key Points: 
  • Mr. Mansell stated, “On behalf of the entire Board, I thank Kosta for his unwavering commitment and leadership to Fossil.
  • He has been a member of the executive leadership team at Fossil Group since 2017 and has served as Chief Operating Officer since April 2021.
  • Prior to Fossil Group, he held executive leadership positions across the retail and consumer landscape, including Pier 1 Imports, Inc., Tuesday Morning Corporation, 24 Hour Fitness Worldwide Holdings, Inc., and Michaels Stores, Inc.
  • Prior to his work in retail, he served in leadership roles in several consumer product firms including The Pillsbury Company and Kraft General Foods.