Nielsen Holdings

AM Best Assigns Financial Strength Rating of A- (Excellent) to At-Bay Carrier

Retrieved on: 
Wednesday, April 19, 2023

At-Bay , the insurance provider for the digital age, announced today that AM Best has assigned At-Bay Specialty Insurance Company a Financial Strength Rating of A- (Excellent), with a “stable” outlook.

Key Points: 
  • At-Bay , the insurance provider for the digital age, announced today that AM Best has assigned At-Bay Specialty Insurance Company a Financial Strength Rating of A- (Excellent), with a “stable” outlook.
  • At-Bay Specialty Insurance Company is a Delaware-domiciled excess and surplus (E&S) lines property and casualty (P&C) carrier, acquired by At-Bay in January 2023.
  • “The A- rating from AM Best is the latest milestone on our journey toward making that goal a reality,” he added.
  • In addition to this financial milestone, At-Bay also announced today that Ari Fischel has joined the company as its Chief Financial Officer.

Sysco Names Kenny Cheung Chief Financial Officer

Retrieved on: 
Tuesday, March 28, 2023

HOUSTON, March 28, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, has appointed Kenny Cheung to the position of Chief Financial Officer (CFO), effective April 17, 2023.

Key Points: 
  • HOUSTON, March 28, 2023 (GLOBE NEWSWIRE) -- Sysco Corporation (NYSE: SYY), the leading global foodservice distribution company, has appointed Kenny Cheung to the position of Chief Financial Officer (CFO), effective April 17, 2023.
  • “I’m delighted to welcome Kenny to our executive leadership team,” said Kevin Hourican, Sysco’s President and Chief Executive Officer.
  • Before joining Hertz in 2018, he spent over a decade at Nielsen Holdings, PLC, most recently as Global Chief Audit Executive, and prior to that, as a Regional Chief Operating Officer and Regional Chief Financial Officer.
  • “I am proud to have served as Interim CFO and excited to take on the expanded role as Chief Administrative Officer.

Charlotte's Web Reports 2022 Fourth Quarter And Year-End Financial Results

Retrieved on: 
Thursday, March 23, 2023

An operating loss of $32.0 million for the fourth quarter of 2022 was an improvement of $86.2 million, or 71.5%, as compared to an operating loss of $118.2 million in Q4 2021.

Key Points: 
  • An operating loss of $32.0 million for the fourth quarter of 2022 was an improvement of $86.2 million, or 71.5%, as compared to an operating loss of $118.2 million in Q4 2021.
  • Additionally, Q4 2022 included a negative change of $6.8 million in the fair value of the Company's SBH Purchase Option, which was a non-cash charge.
  • Adjusted EBITDA1 loss for the fourth quarter of 2022 was $4.5 million, an improvement of $3.8 million, or 45.8% as compared to Adjusted EBITDA loss of $8.3 million, for the fourth quarter of 2021.
  • Management will host a conference call to discuss the Company's 2022 fourth quarter and year-end results at 11:00 a.m.

Ares Management Corporation Announces U.S. Direct Lending Origination Activity for Fourth Quarter and Last Twelve Months 2022

Retrieved on: 
Thursday, February 9, 2023

Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4 billion in direct lending commitments across 208 transactions in the last twelve-month period ended December 31, 2022.

Key Points: 
  • Ares Management Corporation announced today that funds managed by its Credit Group (collectively “Ares”) closed approximately $8.3 billion in U.S. direct lending commitments across 50 transactions during the fourth quarter of 2022 and approximately $26.4 billion in direct lending commitments across 208 transactions in the last twelve-month period ended December 31, 2022.
  • Below is a description of selected transactions that Ares closed during the fourth quarter.
  • Ares served as the joint lead arranger and joint bookrunner for a senior secured credit facility to support Vista Equity Partners’ acquisition of Avalara.
  • Ares served as joint lead arranger for a senior secured credit facility to support Permira Advisors and Hellman & Friedman’s acquisition of Zendesk.

Spicely Organics® Promotes CPG Veteran Chris Cole to Chief Operating Officer

Retrieved on: 
Monday, February 13, 2023

FREMONT, Calif., Feb. 13, 2023 /PRNewswire-PRWeb/ -- Spicely Organics®, the better-for-you spice company, today announced it promoted Chris Cole, consumer packaged goods veteran, to Chief Operating Officer (COO).

Key Points: 
  • Spicely Organics®, the better-for-you spice company, today announced it promoted Chris Cole, consumer packaged goods veteran, to Chief Operating Officer (COO).
  • FREMONT, Calif., Feb. 13, 2023 /PRNewswire-PRWeb/ -- Spicely Organics®, the better-for-you spice company, today announced it promoted Chris Cole, consumer packaged goods veteran, to Chief Operating Officer (COO).
  • Mr. Cole joined Spicely Organics in 2018 as Chief Sales and Marketing Officer.
  • "I am honored to serve as Spicely Organics' COO," Mr. Cole said.

RedShelf Selects Rob Holland as Company's New President

Retrieved on: 
Tuesday, February 7, 2023

CHICAGO, Feb. 7, 2023 /PRNewswire/ -- RedShelf (about.redhself.com), a leader in the EdTech industry, today announced the addition of Rob Holland as its new President. Holland will join the Board of Directors, lead operations and product development for the company. He will report to Greg Fenton, co-founder, and CEO.

Key Points: 
  • CHICAGO, Feb. 7, 2023 /PRNewswire/ -- RedShelf (about.redhself.com), a leader in the EdTech industry, today announced the addition of Rob Holland as its new President.
  • As President, Holland will lead the expansion of the platform that is transforming and automating digital course materials delivery across the country with models such as Inclusive Access and Equitable Access.
  • "As a leader, Rob embodies the RedShelf spirit," said Greg Fenton, CEO of RedShelf.
  • Holland brings a pioneering outlook and strong track record as an entrepreneur and C-level executive in high growth companies.

Equifax Names Karen Fichuk to Board of Directors

Retrieved on: 
Thursday, February 2, 2023

ATLANTA, Feb. 2, 2023 /PRNewswire/ -- Equifax ® (NYSE: EFX) today announced that Karen Fichuk, Executive Board member for Randstad N.V., and former Chief Executive Officer for Randstad North America, has been elected to its board of directors.

Key Points: 
  • ATLANTA, Feb. 2, 2023 /PRNewswire/ -- Equifax ® (NYSE: EFX) today announced that Karen Fichuk, Executive Board member for Randstad N.V., and former Chief Executive Officer for Randstad North America, has been elected to its board of directors.
  • "We are energized to welcome Karen as a new independent director on our board," said Mark W. Begor, Chief Executive Officer of Equifax.
  • The Equifax board now consists of eleven directors, including ten independent directors.
  • "We are pleased to welcome Karen to the Equifax board and believe that she will be invaluable in our oversight of the company's ongoing execution and continued strategic growth."

James A. Attwood Jr. named Chair-Elect of The WNET Group Board of Trustees

Retrieved on: 
Wednesday, December 21, 2022

NEW YORK, Dec. 21, 2022 /PRNewswire/ -- The WNET Group appointed James A. Attwood Jr. as Chairman-elect.

Key Points: 
  • NEW YORK, Dec. 21, 2022 /PRNewswire/ -- The WNET Group appointed James A. Attwood Jr. as Chairman-elect.
  • He will begin a six-month term in January prior to succeeding Edgar Wachenheim III as Chairman of the Board of Trustees in June of 2023.
  • Attwood first joined The WNET Group Board of Trustees in 2021 and has served on executive, finance, nominating and governance, and strategy and sustainability committees.
  • Wachenheim has been Chairman of the Board of Trustees for the past five years and will be stepping down in 2023.

Intuit Renews NFL Partnership Through 2026 as the League’s Official Financial and Accounting Software Sponsor and Email Marketing and Automation Sponsor

Retrieved on: 
Monday, November 21, 2022

As the official financial and accounting software sponsor for the NFL since 2019, Intuits sponsorship now includes additional brands and business categories that support its evolving business.

Key Points: 
  • As the official financial and accounting software sponsor for the NFL since 2019, Intuits sponsorship now includes additional brands and business categories that support its evolving business.
  • New this year, Intuit Mailchimp is now also the official email marketing and automation sponsor for the NFL.
  • The extended partnership between Intuit and the NFL now includes:
    Intuit will continue to be the official financial and accounting software sponsor of the NFL.
  • Following the companys acquisition of Mailchimp, Intuit Mailchimp is now also the leagues official sponsor for email marketing and automation.

Delta's Ed Bastian and MediaLink's Michael Kassan to Keynote at CES 2023

Retrieved on: 
Wednesday, November 16, 2022

NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The Consumer Technology Association (CTA)® today announced its CES® 2023 C Space keynote conversation, featuring Delta Air Lines CEO Ed Bastian and MediaLink founder and CEO Michael E. Kassan. The keynote, "Building Connection & Community in a Non-Stop World," will explore how successful consumer brands are combining technology with ingenuity to engage dedicated followers and create superfans.

Key Points: 
  • NEW YORK, Nov. 16, 2022 /PRNewswire/ -- The Consumer Technology Association (CTA) today announced its CES 2023 C Space keynote conversation, featuring Delta Air Lines CEO Ed Bastian and MediaLink founder and CEO Michael E. Kassan.
  • CTA announced its CES 2023 C Space keynote conversation features Delta CEO Ed Bastian and MediaLink CEO Michael Kassan.
  • "We're thrilled to welcome Ed and Michael back to the keynote stage to share their perspectives."
  • Bastian is a familiar face at CES, having delivered the first keynote remarks by an airline executive at CES 2020.