Frick

EQS-News: SÜSS MicroTec SE: Burkhardt Frick to become new CEO of SUSS MicroTec | Management Board contract of Dr. Thomas Rohe extended by three years until 2027

Retrieved on: 
Thursday, June 15, 2023

SÜSS MicroTec SE: Burkhardt Frick to become new CEO of SUSS MicroTec | Management Board contract of Dr. Thomas Rohe extended by three years until 2027

Key Points: 
  • SÜSS MicroTec SE: Burkhardt Frick to become new CEO of SUSS MicroTec | Management Board contract of Dr. Thomas Rohe extended by three years until 2027
    The issuer is solely responsible for the content of this announcement.
  • Garching, June 14, 2023 – The Supervisory Board of SÜSS MicroTec SE has appointed Burkhardt Frick (58) as a member of the Management Board and the new Chief Executive Officer of the Company as of September 11, 2023.
  • The experienced manager succeeds Dr. Bernd Schulte, who will return as planned to the Company’s Supervisory Board on the same date.
  • The Management Board contract of Dr. Thomas Rohe, Chief Operating Officer, has been extended by three more years until April 30, 2027.

Kiddie Academy experiences record growth in 2022

Retrieved on: 
Tuesday, January 24, 2023

ABINGDON, Md., Jan. 24, 2023 /PRNewswire/ -- Kiddie Academy® Educational Child Care, a nationally recognized system of comprehensive educational child care franchises, grew enrollment nearly 9% system wide as the company expanded to more than 305 franchised Academy locations last year, a 7% increase over 2021. The rise in enrollments outpaced unit growth, meaning Academies, on average, served more children year over year.

Key Points: 
  • "Our incredible growth shows that the demand for quality child care is high, and Kiddie Academy is ready to meet it," said Joshua Frick, president of Kiddie Academy Domestic Franchising, LLC.
  • The franchise system opened 22 new Academies in 2022, expanding its footprint into Oregon and Iowa, new markets for the Kiddie Academy brand.
  • The Kiddie Academy brand also established its Community Fund in June to support educators and staff in times of hardship.
  • To support the brand's ever-evolving proprietary Life Essentials® curriculum, Kiddie Academy initiated two national surveys in 2022, gleaning insights from 4,000 parent respondents.

NOVA Infrastructure Expands US Team, Adds Senior VP and Associates

Retrieved on: 
Tuesday, November 15, 2022

NOVA Infrastructure , a middle-market-focused infrastructure investment firm, announced today the appointment of three new hires, Senior Vice President Faisal Choudhury and Associates Michael Troy and Noah Frick.

Key Points: 
  • NOVA Infrastructure , a middle-market-focused infrastructure investment firm, announced today the appointment of three new hires, Senior Vice President Faisal Choudhury and Associates Michael Troy and Noah Frick.
  • Choudhury brings more than a decade of investment experience to NOVA and is a seasoned deal professional with strong sector knowledge.
  • Prior to joining NOVA, Choudhury was a Principal at Glenfarne Group, where he focused on power, energy and energy transition.
  • Founded in 2017, NOVA Infrastructure is a value-added, middle market infrastructure investment firm focused on North America.

Integrity Expands Comprehensive Life, Health and Wealth Platform with Monumental Agreement to Acquire Gladstone Wealth Partners

Retrieved on: 
Wednesday, August 3, 2022

DALLAS, Aug. 3, 2022 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Gladstone Wealth Partners, LLC ("Gladstone"), a pioneering wealth management firm and registered independent advisor (RIA) with over $13 billion in assets under management. As part of the acquisition, Robert Hudson, Founder and Chairman of Gladstone Wealth Partners, and Richard Frick, CEO of Gladstone Wealth Partners, will become Managing Partners in Integrity. Financial terms of the acquisition were not disclosed, and the transaction is scheduled to close upon regulatory approval.

Key Points: 
  • As part of the acquisition, Robert Hudson, Founder and Chairman of Gladstone Wealth Partners, and Richard Frick, CEO of Gladstone Wealth Partners, will become Managing Partners in Integrity.
  • Today, Gladstone is a respected hybrid wealth-management platform offering an open architecture, multi-custodial RIA platform and access to a full-service broker-dealer offering.
  • Integrity and Gladstone are building a life, health and wealth offering that is unique in the market.
  • For more information about Gladstone Wealth Partners' decision to partner with Integrity, please view a video at www.integritymarketing.com/Gladstone .

Ben E. Keith Company Opens New Distribution Center

Retrieved on: 
Thursday, January 13, 2022

FORT WORTH, Texas, Jan. 13, 2022 /PRNewswire/ -- On January 10, Ben E. Keith Foods - Southeast Division, shipped the first orders from its newest foodservice distribution center in New Brockton, AL.The new facility will service Eastern Mississippi, Western Georgia, the Florida Panhandle, and all of Alabama.

Key Points: 
  • FORT WORTH, Texas, Jan. 13, 2022 /PRNewswire/ -- On January 10, Ben E. Keith Foods - Southeast Division, shipped the first orders from its newest foodservice distribution center in New Brockton, AL.The new facility will service Eastern Mississippi, Western Georgia, the Florida Panhandle, and all of Alabama.
  • Construction of the 421,000-square-foot distribution center began in 2020.
  • "We are so proud to be shipping out of our new distribution center in lower Alabama," said Mike Sweet, President of Ben E. Keith Foods.
  • For more information about Ben E. Keith contact:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/ben-e-keith-company-opens-new-d...

LPL Financial, Gladstone Welcome Wealth Advisory Services

Retrieved on: 
Wednesday, September 22, 2021

CHARLOTTE, N.C., Sept. 22, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA)announced today that the team at Wealth Advisory Services has rejoined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms.

Key Points: 
  • CHARLOTTE, N.C., Sept. 22, 2021 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA)announced today that the team at Wealth Advisory Services has rejoined LPL Financials broker-dealer, corporate registered investment advisor (RIA) and custodial platforms.
  • Gladstone is excited to welcome Wealth Advisory Services to the LPL and Gladstone umbrella, Frick said.
  • Scott Posner, LPL executive vice president, Business Development, stated, We welcome Paul, David, Michael and Scott back to the LPL community.
  • Wealth Advisory Services, Gladstone Wealth Partners and LPL Financial are separate entities.

Net1 Sells Remaining Stake in Bank Frick

Retrieved on: 
Thursday, February 4, 2021

JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has sold its remaining interest in Bank Frick & Co. AG (Bank Frick) back to The Kuno Frick Family Foundation for $30 million.

Key Points: 
  • JOHANNESBURG, South Africa, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Net 1 UEPS Technologies, Inc. (NasdaqGS: UEPS ; JSE: NT1) (Net1 or the Company) today announced that it has sold its remaining interest in Bank Frick & Co. AG (Bank Frick) back to The Kuno Frick Family Foundation for $30 million.
  • The gross proceeds of $30 million will be reduced by $3.6 million to terminate various agreements and settle liabilities between Bank Frick and Net1s IPG operations.
  • The Company received a $15 million payment at closing and the remaining proceeds are payable in two installments over the next 18 months.
  • The sale of our interest in Bank Frick is a milestone in the execution of the corporate strategy that we announced in September 2020, said Alex Smith, Net1s CFO and interim CEO.

Code Corporation Names Dave Frick VP of Operations

Retrieved on: 
Wednesday, January 6, 2021

Code Corporation named industry veteran Dave Frick its VP of Operations.

Key Points: 
  • Code Corporation named industry veteran Dave Frick its VP of Operations.
  • Frick joins the company with more than 37 years of global business, international supply chain and medical device manufacturing experience.
  • View the full release here: https://www.businesswire.com/news/home/20210106005143/en/
    Code Corporation names Dave Frick its VP of Operations (Photo: Business Wire)
    We were impressed by Daves stellar track record; his background and unique skillset have prepared him to take our operations to the next level, said Kent Hansen, Code CEO.
  • For more than 20 years, Code Corporation has been an industry pioneer, leader, and champion for data capture innovation and has garnered more than 100 patents.

$2b Wirehouse Team Joins LPL Financial, Gladstone Wealth Partners

Retrieved on: 
Monday, November 16, 2020

They aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors.

Key Points: 
  • They aligned with Gladstone Wealth Partners, a large enterprise supporting LPL-affiliated advisors.
  • Gallagher and Levin worked with Richard Frick, managing partner and CEO at Gladstone Wealth Partners, at Morgan Stanley.
  • Frick stated, All of us at Gladstone Wealth Partners congratulate Mark and John on their transition to independence.
  • Maverick Partners Wealth Management, Gladstone Wealth Partners and LPL Financial are separate entities.

Net1 cancels the exercise of its option to acquire a further 35% of Bank Frick

Retrieved on: 
Wednesday, April 15, 2020

Despite the cancellation of the option, Net1 maintains a strong relationship with the management and shareholders of Bank Frick, and will continue working closely with them.

Key Points: 
  • Despite the cancellation of the option, Net1 maintains a strong relationship with the management and shareholders of Bank Frick, and will continue working closely with them.
  • The board would like to thank KFS and Bank Frick for their understanding and support during these unprecedented times.
  • Net1 leverages its proprietary banking and payment technology to distribute low-cost financial and value-added services to underbanked consumers and small businesses.
  • Bank Frick was founded in 1998 by the Liechtenstein national Kuno Frick Sr as a licensed universal bank, with the majority now controlled by the Kuno Frick Family Foundation (65 per cent).