MRC

David Hager Joins MRC Global’s Board of Directors

Retrieved on: 
Monday, March 11, 2024

HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that David (Dave) A. Hager, previously Executive Chairman of Devon Energy Corporation, has joined MRC Global’s board of directors, effective March 11, 2024.

Key Points: 
  • HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- MRC Global Inc. (NYSE: MRC) announced today that David (Dave) A. Hager, previously Executive Chairman of Devon Energy Corporation, has joined MRC Global’s board of directors, effective March 11, 2024.
  • Robert Wood, MRC Global’s Chairman of the Board, commented, “I am thrilled to welcome Dave Hager as a new independent director.
  • Mr. Hager joined Kerr-McGee as Vice President, Operations, Gulf of Mexico and had increasing levels of responsibility during his time with Kerr-McGee.
  • “Dave brings a wealth of relevant industry experience and a sharp business acumen to our board,” added Rob Saltiel, MRC Global’s President and CEO.

ClearSale EVP to Host Merchant Risk Council Webinar on Fraud Ecosystem

Retrieved on: 
Wednesday, March 6, 2024

Global risk technology solution provider, ClearSale ( www.clear.sale ), is thrilled to announce that its EVP and Partner, Rafael Lourenco, will be moderating an educational webinar for the Merchant Risk Council (MRC) that offers retailers and fraud professionals a detailed view of the current fraud landscape.

Key Points: 
  • Global risk technology solution provider, ClearSale ( www.clear.sale ), is thrilled to announce that its EVP and Partner, Rafael Lourenco, will be moderating an educational webinar for the Merchant Risk Council (MRC) that offers retailers and fraud professionals a detailed view of the current fraud landscape.
  • According to the MRC’s 2023 Global Payments and Fraud Report , merchants use an average of five fraud detection tools, and yet 62% are reporting an increase in first-party misuse disputes, or “friendly fraud”.
  • The MRC + ClearSale webinar serves as an opportunity for members to get a complete picture of what they face from a leader in the global fraud prevention space.
  • This webinar will provide the information MRC members need to effectively balance fraud protection, profits, and the customer experience.”

ST Engineering iDirect and AITELECOM/APCO Expand Strategic Satellite Partnership to Propel Growth and Service Expansion

Retrieved on: 
Tuesday, February 27, 2024

HERNDON, Va., Feb. 27, 2024 /PRNewswire-PRWeb/ -- ST Engineering iDirect, a global leader in satellite communications, and AITELECOM/APCO, a leading satellite and terrestrial communications provider, are expanding their partnership to deploy new cutting-edge technology on the SES 17 network, increasing connectivity services throughout Latin America.

Key Points: 
  • Advancing on this success, AITELECOM/APCO is continuing to work with ST Engineering iDirect as it looks to expand to additional HTS beams on the SES 17 network.
  • We partnered with ST Engineering iDirect as we were impressed by the team's ability to provide a comprehensive turnkey and managed-services solution under an innovative long-term scheme.
  • ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications (satcom) providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their satcom networks.
  • ST Engineering iDirect is a leader in key industries including mobility, broadcast and military/government.

MRC Global Reports Full Year and Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 13, 2024

MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.

Key Points: 
  • MRC Global’s fourth quarter 2023 gross profit was $153 million, or 19.9% of sales, as compared to gross profit of $158 million, or 18.2% of sales, in the fourth quarter of 2022.
  • The company’s sales were $768 million for the fourth quarter of 2023, 12% lower than the fourth quarter of 2022 and a 14% decline from the third quarter of 2023.
  • U.S. sales in the fourth quarter of 2023 were $633 million, a $87 million, or 12%, decrease from the same quarter in 2022.
  • Gas Utilities sales in the fourth quarter of 2023 were $253 million, or 33% of total sales, a decline of $66 million, or 21%, from the fourth quarter of 2022 driven by the U.S. segment.

PARAMOUNT PICTURES ANNOUNCES RENEWAL OF MULTI-YEAR FIRST LOOK DEAL WITH RYAN REYNOLDS' PRODUCTION COMPANY MAXIMUM EFFORT

Retrieved on: 
Thursday, February 8, 2024

HOLLYWOOD, Calif., Feb. 8, 2024 /PRNewswire/ -- Paramount Pictures announced today that it has renewed its first look development deal with Ryan Reynolds' Maximum Effort Productions for an additional three-year term, taking the studio's partnership with the production company through December 2026. 

Key Points: 
  • HOLLYWOOD, Calif., Feb. 8, 2024 /PRNewswire/ -- Paramount Pictures announced today that it has renewed its first look development deal with Ryan Reynolds' Maximum Effort Productions for an additional three-year term, taking the studio's partnership with the production company through December 2026.
  • Maximum Effort Co-Founder George Dewey and Co-Presidents Ashley Fox and Johnny Pariseau run day-to-day operations for the production company out of their Los Angeles office.
  • Reynolds and Dewey launched Maximum Effort in 2018, following their successful collaborative efforts on the marketing campaigns for the first two Deadpool films.
  • "The Paramount partnership feels like home to everyone at Maximum Effort so another 3 years was a no-brainer," said Maximum Effort Co-Founder Ryan Reynolds.

IAB and MRC Release Augmented Reality Measurement Guidelines For Public Comment

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads within Augmented Reality campaigns. The guidelines are open for public comment for a 30-day period until March 9th, 2024.

Key Points: 
  • Public Comment Open Until March 9, 2024
    NEW YORK, Feb. 8, 2024 /PRNewswire/ -- In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads within Augmented Reality campaigns.
  • The guidelines are open for public comment for a 30-day period until March 9th, 2024.
  • The IAB AR Measurement Guidelines Task Force, working with MRC, set forth guidelines for advertisers and marketers to quantify how much media is delivered, and gauge how well their media achieved their business objectives within AR media campaigns.
  • The AR Measurement Guidelines Task Force is playing a leading role in defining the future of AR advertising, and we look forward to using these guidelines to help partners maximize their AR outcomes."

Mattress Recycling Council Urges Californians to Recycle Mattresses for Presidents Day

Retrieved on: 
Thursday, February 1, 2024

SACRAMENTO, Calif., Feb. 1, 2024 /PRNewswire/ -- The Mattress Recycling Council (MRC) urges all Californians to take advantage of its Bye Bye Mattress program during Presidents Day weekend—one of the most popular times of the year for mattress sales.

Key Points: 
  • SACRAMENTO, Calif., Feb. 1, 2024 /PRNewswire/ -- The Mattress Recycling Council (MRC) urges all Californians to take advantage of its Bye Bye Mattress program during Presidents Day weekend—one of the most popular times of the year for mattress sales.
  • Curbside collection providers: MRC's Bye Bye Mattress receives mattresses from solid waste collectors that pick up bulky items at the curb.
  • MRC's Bye Bye Mattress program is funded through a state-approved $10.50 recycling fee that is collected on each mattress or box spring purchased by California consumers.
  • The fee also provides services that enable mattress retailers, hotels, universities, healthcare facilities and military bases to recycle their discarded mattresses.

PatientPoint Becomes First Point-of-Care Publisher to Earn Media Rating Council Accreditation

Retrieved on: 
Tuesday, January 30, 2024

PatientPoint is the first Point-of-Care publisher to receive accreditation for its reported metrics by the media industry's foremost independent measurement authority.

Key Points: 
  • PatientPoint is the first Point-of-Care publisher to receive accreditation for its reported metrics by the media industry's foremost independent measurement authority.
  • PatientPoint joins some of the most recognizable names in traditional and digital media channels such as Google, Nielsen and Meta in receiving MRC accreditation for metrics supporting specific products.
  • "Receiving accreditation from the most respected media measurement authority should give sponsors full confidence in our business metrics and delivery guarantees.
  • Importantly, we believe MRC accreditation further underscores why Point of Care should be viewed as a foundational component of any life sciences brand media mix."

Wolseley Canada Announces Brad Rutledge as VP, Waterworks.

Retrieved on: 
Monday, January 29, 2024

Burlington, ON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Brad Rutledge as Vice President, Waterworks, effective February 1, 2024.

Key Points: 
  • Burlington, ON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Wolseley Canada is pleased to announce the appointment of Brad Rutledge as Vice President, Waterworks, effective February 1, 2024.
  • Brad joined Wolseley in 2018 and led the National Quotations team.
  • “Brad has approached each role with enthusiasm and a passion toward finding profitable growth,” says Sébastien Laforge, President, Wolseley Canada.
  • Prior to Wolseley, Brad worked at MRC Supply working in project and sales and later held roles in supply chain, sourcing and sales at Lockwood.

MADISON RIVER CAPITAL MAKES STRATEGIC INVESTMENT INTO SENIOR CARE THERAPY

Retrieved on: 
Thursday, January 11, 2024

Proceeds of the investment, along with additional operational resources from MRC, will be utilized to facilitate the continued expansion of SCT's high-quality mental health offering to residents in long term care ("LTC") facilities.

Key Points: 
  • Proceeds of the investment, along with additional operational resources from MRC, will be utilized to facilitate the continued expansion of SCT's high-quality mental health offering to residents in long term care ("LTC") facilities.
  • The Braff Group, a leading mergers and acquisitions advisory firm, originated the transaction and acted as the exclusive mergers and acquisitions advisor to SCT.
  • The investment by MRC brings together strategic resources and capital to assist SCT's management team in continuing the growth of SCT's footprint with the goal of accelerating expansion of mental health services to an underserved population.
  • "This partnership has the skillsets and resources to make a huge impact on the delivery of critically needed mental health care to the underserved senior population.