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Rick Harris Joins Global Search Firm Riviera Partners as Partner in Its Private Equity-Backed Practice

Retrieved on:

Monday, April 1, 2024

Private equity, Data, Knowledge, Health care, Software, Partner, Korn Ferry, Vistaprint, Engineering, Lead, Management

New York, NY, April 01, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the leading global executive search firm specializing in executive leadership placements in technology, product, and design talent, has welcomed Rick Harris to its Private Equity-backed practice as a Partner.

Key Points:

New York, NY, April 01, 2024 (GLOBE NEWSWIRE) -- Riviera Partners , the leading global executive search firm specializing in executive leadership placements in technology, product, and design talent, has welcomed Rick Harris to its Private Equity-backed practice as a Partner.
Before joining Riviera Partners, Harris established and co-led Raines’ Global Software & Technology Officers practice, working closely with private equity, venture capital, and public CEOs to attract transformational Product & Technology leaders.
Harris was previously a Partner at True Search.
Said Harris: “Riviera is the gold standard for recruiting engineering and product leaders, with a track record that speaks for itself.

PCNA Welcomes Doug Mitchell as Chief Growth Officer to Drive Strategic Initiatives and Innovation

Retrieved on:

Wednesday, March 27, 2024

Growth, Promotional merchandise, Business, Acquisition, Brown University, MBA, University, Marketing, Advertising, Wayfair, United States Naval Academy, Collection, PCNA, Vistaprint, Management

PITTSBURGH, March 27, 2024 /PRNewswire/ -- Polyconcept North America (PCNA), the leading supplier of promotional products, is proud to announce the appointment of Doug Mitchell to the role of Chief Growth Officer, a new position within the company's Executive Leadership Team.

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PITTSBURGH, March 27, 2024 /PRNewswire/ -- Polyconcept North America (PCNA), the leading supplier of promotional products, is proud to announce the appointment of Doug Mitchell to the role of Chief Growth Officer, a new position within the company's Executive Leadership Team.
Mitchell is tasked with spearheading strategic initiatives focused on high growth and driving innovation throughout PCNA's operations in North America.
"We are thrilled to welcome Doug to the PCNA family," stated Neil Ringel, CEO of PCNA.
Doug Mitchell attended the US Naval Academy, earned a bachelor's degree at Brown University and his MBA from The University of Virginia's Darden School of Business.

Wix Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Wednesday, February 21, 2024

CFO, Vistaprint, Total, AI, Growth, Rule, GAAP, History, Software as a service, Business, Wix, Yoy, Public expenditure, Acceleration, LegalZoom, Partner, Research, WIX, Partnership, Cardboard

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally,3 today reported financial results for the fourth quarter and full year of 2023. In addition, the Company provided its initial outlook for the first quarter and full year 2024. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.

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In addition, the Company provided its initial outlook for the first quarter and full year 2024.
Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.
AI was another major focus of innovation in 2023, building on nearly a decade of leading AI research and development at Wix.
"Q4 capped off an incredibly strong year of sustained profitable growth with revenue in the fourth quarter increasing 14% y/y, driven by incredible Partners revenue growth of 38% y/y," added Lior Shemesh, CFO at Wix.

Global Text-To-Video AI Market Report 2024: With Over 90% of Businesses Embracing Video Marketing, Demand for Tools to Convert Text to Engaging Visual Narratives is on the Rise

Retrieved on:

Tuesday, February 20, 2024

Acquisition, Social media, Vistaprint, Baidu, IBM, Growth, Human, VR, Research

Advanced AI technologies, elevated social media consumption, and an increased focus on user engagement have catalyzed this robust market expansion.

Key Points:

Advanced AI technologies, elevated social media consumption, and an increased focus on user engagement have catalyzed this robust market expansion.
The text-to-video AI market is forecast to continue its exponential growth, with projections placing its value at approximately $0.89 billion by 2028.
With 91% of businesses embracing video marketing, the demand for tools that can convert text to engaging visual narratives is on the rise.
The text-to-video AI market report extensively covers various regions, with North America leading the charge in market share dominance in 2023.

DesignRush Releases December Lineup of Top Branding Agencies

Retrieved on:

Thursday, December 14, 2023

Vistaprint, B2B

NEW YORK, Dec. 14, 2023 /PRNewswire-PRWeb/ -- 50% of consumers are more likely to buy from a company whose logo they easily recognize, as surveyed by Promotique by Vistaprint. This figure emphasizes the importance of good branding for building consumer trust and generating high revenue.

Key Points:

Half of all consumers surveyed would rather buy from a company whose branding is recognizable to them.
DesignRush listed the top branding agencies that help businesses gain this important brand recognition in the market.
This figure emphasizes the importance of good branding for building consumer trust and generating high revenue.
DesignRush , a media platform and B2B marketplace connecting businesses with agencies, came up with the list of the best branding agencies that help businesses create a seamless brand experience that resonates with target audiences across all platforms.

Tripadvisor Group names Kristen Dalton as President of the Tripadvisor Core Business

Retrieved on:

Tuesday, December 12, 2023

Vistaprint, FP, Multimedia, AXA, Marketing, Partex Group, TheFork Australia, Viator, Chubb, Houlihan Lokey, Zurich Insurance Group, Tripadvisor, Orientation, Mechanics, Travel, P&C, Restaurant, Management

NEEDHAM, Mass., Dec. 12, 2023 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that Kristen Dalton will be appointed President of the Tripadvisor Core business on January 1, 2024, reporting to Matt Goldberg, CEO of Tripadvisor Group. Dalton most recently served as COO of the Tripadvisor Core business where she has been instrumental in setting the organization's strategy to transform the business.

Key Points:

NEEDHAM, Mass., Dec. 12, 2023 /PRNewswire/ -- Tripadvisor, Inc. (NASDAQ: TRIP) announced today that Kristen Dalton will be appointed President of the Tripadvisor Core business on January 1, 2024, reporting to Matt Goldberg, CEO of Tripadvisor Group.
Dalton most recently served as COO of the Tripadvisor Core business where she has been instrumental in setting the organization's strategy to transform the business.
Dalton has been with the company since 2019, initially serving as Vice President of FP&A for the Tripadvisor Group, where she led the financial and operational planning function.
In her new role, Dalton will continue to oversee strategy and operations for the Tripadvisor Core business, including execution across product, technology, sales, and marketing.

Wix Reports Third Quarter 2023 Results

Retrieved on:

Thursday, November 9, 2023

In addition, the Company provided its outlook for the fourth quarter and raised its outlook for full year 2023.

Key Points:

In addition, the Company provided its outlook for the fourth quarter and raised its outlook for full year 2023.
"Wix's performance in the third quarter exceeded both growth and profitability expectations for another consecutive quarter, as we successfully executed on our strategic priorities while remaining diligent with managing expenses," said Avishai Abrahami, Wix Co-founder and CEO.
"Since the events in Israel on October 7th, much of the team at Wix has had to adapt to a new reality.
Lior Shemesh, CFO at Wix, added, "We carried forward our positive momentum into the back half of the year with another quarter of results that exceeded expectations, positioning us well to achieve positive GAAP net income in full year 2023 with GAAP profitability achievable in 2024.

Credit Acceptance Elects Sean Quinn to its Board of Directors

Retrieved on:

Monday, October 30, 2023

Vistaprint, Treasury, Credit Acceptance, Acquisition, Cimpress, Growth, CACC, Profit (economics), Credit, KPMG, Accounting, Bank, Financial services

Southfield, Michigan, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced the election of Sean Quinn to its Board of Directors, effective October 27, 2023.

Key Points:

Southfield, Michigan, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) today announced the election of Sean Quinn to its Board of Directors, effective October 27, 2023.
“Sean shares Credit Acceptance’s commitment to maximizing intrinsic value per share over the long term,” said Credit Acceptance Chair of the Board, Thomas Tryforos.
“Credit Acceptance makes it possible for any individual, regardless of their credit, to buy a car from a dealer,” said Quinn.
Since 1972, Credit Acceptance has offered financing programs that enable automobile dealers to sell vehicles to consumers, regardless of their credit history.

Wix Reports Second Quarter 2023 Results

Retrieved on:

Thursday, August 3, 2023

In addition, the Company provided its outlook for the third quarter and increased outlook for full year 2023.

Key Points:

In addition, the Company provided its outlook for the third quarter and increased outlook for full year 2023.
In addition to this outperformance, we also made remarkable strides in our product evolution with the introduction of our new cornerstone Partner product, Wix Studio," said Avishai Abrahami, Wix Co-founder and CEO.
Lior Shemesh, CFO at Wix, added, "Strong results in Q2 capped off an outstanding first half of 2023 as we delivered consecutive quarters of accelerating profitable growth.
Total revenue in the second quarter of 2023 was $390.0 million, up 13% y/y
Creative Subscriptions revenue in the second quarter of 2023 was $287.1 million, up 11% y/y
Creative Subscriptions ARR increased to $1.16 billion as of the end of the quarter, up 10% y/y
Business Solutions revenue in the second quarter of 2023 was $102.9 million, up 18% y/y
Transaction revenue3 was $44.5 million, up 21% y/y
Partners revenue1 in the second quarter of 2023 was $115.2 million, up 36% y/y
Total bookings in the second quarter of 2023 were $398.5 million, up 12% y/y
Creative Subscriptions bookings in the second quarter of 2023 were $293.9 million, up 9% y/y
Business Solutions bookings in the second quarter of 2023 were $104.6 million, up 23% y/y
GAAP net income in the second quarter of 2023 was $33.6 million, or $0.59 per basic share or $0.56 per diluted share
Non-GAAP net income in the second quarter of 2023 was $78.1 million, or $1.38 per basic share or $1.26 per diluted share
Net cash provided by operating activities for the second quarter of 2023 was $47.8 million, while capital expenditures totaled $15.8 million, leading to free cash flow of $32.0 million
Excluding one-time cash restructuring charges and the capex investment associated with our new headquarters office build out, free cash flow for the second quarter of 2023 would have been $49.1 million, or 13% of revenue
Completed $300 million share repurchase program authorized by the Board of Directors in September 2022.

Jamaica - emerging logistics powerhouse creates opportunities for global business

Retrieved on:

Tuesday, July 11, 2023

The country's stable government and economy, along with its location, physical infrastructure, talent pool, and economic framework read like a wish-list for global supply chain managers.

Key Points:

The country's stable government and economy, along with its location, physical infrastructure, talent pool, and economic framework read like a wish-list for global supply chain managers.
This has led to exponential growth in the global services sub-sectors of BPO, KPO, ITES (IT Enabled Services), Logistics and Creative Industries.
Jamaicans are buying into the government's efforts to catapult the country to the top of the global services sector.
In the last decade, business confidence in the country has increased annually by 24.1 points.