PAG

PENSKE AUTOMOTIVE GROUP TO EXPAND RETAIL AUTOMOTIVE PRESENCE INTO AUSTRALIA

Retrieved on: 
Monday, April 8, 2024
Growth, Partnership, Acquisition, PAG, Penske Automotive Group

BLOOMFIELD HILLS, Mich., April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia.

Key Points: 
  • BLOOMFIELD HILLS, Mich., April 8, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia.
  • The Company has signed an agreement to acquire Porsche Centre Brighton, Porsche Centre Doncaster and Ducati Melbourne West.
  • The Doncaster dealership is the newest official Porsche Centre located in the high-growth northeast Melbourne suburbs.
  • Commenting on the acquisition, Penske Automotive Group Head of International Operations Randall Seymore said, "We are delighted to announce this transaction and expand our partnership with the Porsche brand.

LexinFintech Holdings Ltd. Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, March 20, 2024
PIN, Quarter, Software as a service, Marketing, Research, Policy, PAG, Tech, Risk management, Ant Group, Senior, Credit, ASC, GMV, GAAP, LX, Growth, CFO, Table, ADS, Ecosystem, Collection, Video game

Total loan originations2 in the fourth quarter of 2023 was RMB61.2 billion, an increase of 9.2% from RMB56.1 billion in the fourth quarter of 2022.

Key Points: 
  • Total loan originations2 in the fourth quarter of 2023 was RMB61.2 billion, an increase of 9.2% from RMB56.1 billion in the fourth quarter of 2022.
  • Fourth Quarter 2023 Financial Highlights:
    Total operating revenue was RMB3,509 million, representing an increase of 15.1% from the fourth quarter of 2022.
    Credit facilitation service income was RMB2,727 million, representing an increase of 38.9% from the fourth quarter of 2022.
  • Fourth Quarter 2023 Financial Results:
    Operating revenue increased by 15.1% from RMB3,050 million in the fourth quarter of 2022 to RMB3,509 million in the fourth quarter of 2023.
    Credit facilitation service income increased by 38.9% from RMB1,964 million in the fourth quarter of 2022 to RMB2,727 million in the fourth quarter of 2023.
  • Investment loss was RMB302 million in the fourth quarter of 2023, as compared to RMB38.4 million in the fourth quarter of 2022.

Cushman & Wakefield Appoints Jennifer McPeek and Raj Vennam to Board of Directors

Retrieved on: 
Monday, March 18, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Janus, Russell Investments, McKinsey & Company, University, Central Florida, Private equity, Electrical engineering, Partnership, Trustee, SVP, Duke University, Electronics, McPeek, NN Group, PAG, Janus Henderson, Corporate finance, MBA, Trust, Jennifer, Old Dominion University, Engineering, CWK, Cushman & Wakefield, Multimedia, TPG, Economics, Management

Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) today announced the appointments of Jennifer McPeek and Raj Vennam to its Board of Directors, effective March 18, 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240318095052/en/
    Jennifer McPeek appointed to the Board of Directors of Cushman & Wakefield (Photo: Business Wire)
    McPeek brings more than 20 years of executive experience in the financial services industry.
  • McPeek currently serves on the board of directors of Cboe Global Markets, Inc. and on the Board of Trustees of First American Funds Trust.
  • “Jennifer and Raj are highly accomplished executives who bring a wealth of expertise in finance and strategy to Cushman & Wakefield.

Wai Ming Lau Elected Chairman of the Board of Directors of Deswell Industries

Retrieved on: 
Monday, February 26, 2024
Manufacturing, Other Manufacturing, Packaging, Engineering, Chemicals, Plastics, George Washington University, Annual general meeting, PAG, Certified Public Accountant, Goldman Sachs, American Institute

Deswell Industries, Inc. (Nasdaq: DSWL) is pleased to announce that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024.

Key Points: 
  • Deswell Industries, Inc. (Nasdaq: DSWL) is pleased to announce that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024.
  • Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024.
  • Prior to joining the Company, Ms. Lau was an Executive Director at PAG Consulting where she headed the firm’s Global Human Capital operations.
  • Prior to PAG Consulting, Ms. Lau worked at Goldman Sachs for over 13 years, including serving as an Executive Director in Goldman Sachs’ Finance Division.

PALADIN Releases Playbook & Resource Repository to Support More Effective Patient Advocacy Group & Biopharmaceutical Company Collaborations

Retrieved on: 
Wednesday, March 6, 2024
PAG, Playbook, Confidentiality, Resource, Feedback, Organization, Medicine

BOSTON, March 6, 2024 /PRNewswire/ -- The PALADIN Consortium announces the release of a Playbook and a Repository of Resources for patient advocacy groups (PAG) and biopharmaceutical companies to use in optimizing their collaborations.

Key Points: 
  • BOSTON, March 6, 2024 /PRNewswire/ -- The PALADIN Consortium announces the release of a Playbook and a Repository of Resources for patient advocacy groups (PAG) and biopharmaceutical companies to use in optimizing their collaborations.
  • The Resource Repository contains over 100 identified and assessed best-in-class operational resources with links to the organizations that developed them.
  • Both the Playbook and the Resource Repository are accessible on Paladinconsortium.org and they are available free of charge.
  • "Our Playbook and Repository are resources that the PALADIN workstreams – co-led by advocacy group and industry representatives – developed during our first year," explained Trish Davidson, PALADIN Consortium Program Director, Tufts CSDD.

KEYSTONE TURBINE SERVICES (A PAG COMPANY) RECEIVES FOURTH CONSECUTIVE ROLLS-ROYCE BEST IN CLASS AWARD

Retrieved on: 
Thursday, February 29, 2024
PAG, M250, Defense, KTS, MRO, RR300, Rolls-Royce, BEST, Nursing

ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.

Key Points: 
  • ATLANTA, Feb. 29, 2024 /PRNewswire/ -- Atlanta-based Precision Aviation Group, Inc. (PAG), a leading provider of products and value-added services to Aerospace and Defense industries worldwide, receives Rolls-Royce Best in Class Award.
  • This marks the fourth consecutive year Keystone Turbine Services (KTS), a division of PAG's Engine Services group, has been recognized with the Rolls-Royce Best in Class Award.
  • "It is wonderful to recognize our partners at PAG with this year's Best in Class Award, said Rolls-Royce Corporation Helicopter Program Director Scott Cunningham.
  • This award truly acknowledges our hard work, commitment to our customers, and being BEST IN CLASS.

PENSKE AUTOMOTIVE GROUP NAMED BY GLASSDOOR AS ONE OF THE "BEST PLACES TO WORK" for 2024

Retrieved on: 
Thursday, January 11, 2024
Human Capital, Senior management, Culture, Human resources, PAG, Penske Automotive Group, Capital, Human, Management

BLOOMFIELD HILLS, Mich., Jan. 11, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, is pleased to announce that it has been named a winner of Glassdoor's 16th Annual Employees' Choice Awards, honoring the "Best Places to Work 2024".

Key Points: 
  • BLOOMFIELD HILLS, Mich., Jan. 11, 2024 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, is pleased to announce that it has been named a winner of Glassdoor's 16th Annual Employees' Choice Awards, honoring the "Best Places to Work 2024".
  • Since 2009, Glassdoor Best Places to Work Award has been honoring companies where employees love to work, with winners determined solely based on feedback provided by their employees.
  • "Human Capital is our most important asset," said Bud Denker, Executive Vice President of Human Resources at Penske Automotive Group.
  • This is the first appearance on the Glassdoor "Best Places to Work" for Penske Automotive Group, with the Company obtaining top workplace factor ratings in Diversity & Inclusion, Senior Management, and Culture & Values.

PAG TO ACQUIRE FOOD UNION EUROPE, BECOMING THE MAJORITY SHAREHOLDER

Retrieved on: 
Wednesday, January 10, 2024
Food, Ice cream, PAG, Craveable Brands, Private equity, Investment, Acquisition, Food industry, Automation, Growth

"PAG Private Equity has been invested in Food Union Europe since February 2017.

Key Points: 
  • "PAG Private Equity has been invested in Food Union Europe since February 2017.
  • Arturs Cirjevskis, CEO of Food Union Group in Europe, and the previous general managers of the group companies will continue to manage Food Union Europe.
  • "Food Union today is a strong, resilient, and well-positioned player in regions where further growth is anticipated.
  • PAG Private Equity is an active investor in the food industry, especially in frozen food.

PAG TO ACQUIRE FOOD UNION EUROPE, BECOMING THE MAJORITY SHAREHOLDER

Retrieved on: 
Wednesday, January 10, 2024
Food, Ice cream, PAG, Craveable Brands, Private equity, Investment, Acquisition, Food industry, Automation, Growth

"PAG Private Equity has been invested in Food Union Europe since February 2017.

Key Points: 
  • "PAG Private Equity has been invested in Food Union Europe since February 2017.
  • Arturs Cirjevskis, CEO of Food Union Group in Europe, and the previous general managers of the group companies will continue to manage Food Union Europe.
  • "Food Union today is a strong, resilient, and well-positioned player in regions where further growth is anticipated.
  • PAG Private Equity is an active investor in the food industry, especially in frozen food.

A Roadmap to Better Rare Disease Clinical Trials: 3 Tips for Effective Engagement with Patient Advocacy Groups

Retrieved on: 
Wednesday, January 3, 2024
Documentation, Travel, Partnership, Woman, Caregiver, Software, Research, FDA, Hardship, Software as a service, Prevalence, Disease, Parent, Trial of the century, Incidence, George Mason University, Clinical trial, AI, Gene, Patient, PAG, Empathy, Organization, Landing slot, Disorder, Jeeva, Automation, Communication, Pharmaceutical industry

HERNDON, Va., Jan. 3, 2024 /PRNewswire-PRWeb/ -- In the US, a disease is considered "rare" if it affects fewer than 200,000 people. But with over 10,000 such disorders reported, rare diseases collectively impact more than 30 million Americans and about 400 million people globally.1 Though the FDA has approved 1,100 orphan treatments in the last four decades of orphan drug act of 1983, 95% of rare diseases still remain untreatable.2 "It's time that we stop seeing rare diseases as national problems. Each rare disease should be viewed as a global public health concern requiring cross-border collaborations among various stakeholders of research and orphan drug development." Says Dr. Harsha Rajasimha, Founder of Indo US Organization for Rare Diseases (IndoUSrare) and Founder of Jeeva Clinical Trials.

Key Points: 
  • "Dr. Harsha Rajasimha urges a global perspective on rare diseases, advocating for cross-border collaborations and innovative patient engagement strategies in clinical trials."
  • Patient recruitment challenges contribute to 55% of failed clinical studies and constitute a persistent impediment to rare disease research.3
    Researchers conducting clinical trials for rare diseases typically face two types of recruitment issues.
  • "Logistics and the lack of ethnic representation are the main factors driving patient recruitment roadblocks in rare disease clinical trials," says Dr. Rajasimha.
  • Patient advocacy groups (PAGs) have been traditionally called upon by clinical investigators to assist in the recruitment for rare disease clinical trials.