Interim

Longeveron Appoints Wa’el Hashad as Chief Executive Officer

Retrieved on: 
Tuesday, February 28, 2023
David Berry (inventor), Marketing, Boehringer Ingelheim, Eli Lilly and Company, Biotechnology, Therapy, MSC, Boehringer, University, Strategic Advisory Board for Intellectual Property Policy, Amgen, Drug development, Interim, Plasma protein binding, Eli Lilly, FDA, Metabolic disorder, Neuroscience, Medication, Growth, Fortune 500, American University in Cairo, Hypoplastic left heart syndrome, Washington State University College of Pharmacy and Pharmaceutical Sciences, Food and Drug Administration, Central Waqf Council, International business, Food, Otsuka Pharmaceutical, Pharmaceutical industry, Management, Pharmacy, Shimaa Hashad

MIAMI, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Longeveron Inc. (NASDAQ: LGVN) (“Longeveron” or “Company”), a clinical stage biotechnology company developing regenerative medicines for rare pediatric disease, aging-related conditions, and unmet medical needs, today announced the appointment of seasoned global pharmaceutical leader Wa’el Hashad as Chief Executive Officer. Mr. Hashad will assume the role of Chief Executive Officer effective March 1, 2023. Following Mr. Hashad joining Longeveron, current Interim Chief Executive Officer Chris Min, M.D., Ph.D., will continue in his role as Chief Medical Officer.

Key Points: 
  • Mr. Hashad will assume the role of Chief Executive Officer effective March 1, 2023.
  • Following Mr. Hashad joining Longeveron, current Interim Chief Executive Officer Chris Min, M.D., Ph.D., will continue in his role as Chief Medical Officer.
  • “The Board and I are delighted to welcome Mr. Hashad to Longeveron to lead the company through its next stage of growth.
  • Prior to Avanir, Mr. Hashad was Executive Vice President and Chief Commercial Officer at Seres Therapeutics, where he established the company’s launch and marketing strategy for microbiome-based therapies.

Butterfly Network Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Tuesday, February 28, 2023
Veterinary, Software, Radiology, Health, Medical Devices, Health Technology, Technology, Semiconductor, Butterfly network, EBITDA, History of the University of Maryland, College Park, Stanford University, Petco, Veterinary medicine, Interest, Cerebral edema, University Hospital Bonn, Denver Health Medical Center, University, Texas Tech University, Global Health, NYSE, The New Yorker, Interim, UCLA, Teaching hospital, University of Rochester Medical Center, Bill & Melinda Gates Foundation, Patient, Trial of the century, AI, Growth, Access code, Blueprint, Network, Melinda French Gates, New Yorker, Cryptocurrency, Video game, Nursing, Drug, Adjustment, Butterfly, Q4

Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended December 31, 2022, and provided a business update.

Key Points: 
  • Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care with handheld, whole-body ultrasound, today announced financial results for the quarter ended December 31, 2022, and provided a business update.
  • Reported total revenue of $19.0 million for the fourth quarter ended December 31, 2022, flat to the fourth quarter ended December 31, 2021.
  • Gross profit for the fourth quarter of 2022 was $9.6 million, compared to gross profit of $7.5 million in the fourth quarter of 2021.
  • Net loss for the fourth quarter of 2022 was $33.7 million, compared to a net loss of $15.2 million during the fourth quarter of 2021.

Whole Earth Brands, Inc. to Release Fourth Quarter and Full Year 2022 Results on Monday, March 13, 2023

Retrieved on: 
Tuesday, February 28, 2023
Executive, Interim, Webcast, Fuze (company), News

The conference call can be accessed live over the phone by dialing (877) 704-4453 or for international callers by dialing (201) 389-0920.

Key Points: 
  • The conference call can be accessed live over the phone by dialing (877) 704-4453 or for international callers by dialing (201) 389-0920.
  • A replay of the call will be available until March 27, 2023 by dialing (844) 512-2921 or for international callers by dialing (412) 317-6671; the passcode is 13736056.
  • The live audio webcast of the conference call will be accessible in the News & Events section on the Company's Investor Relations website at investor.wholeearthbrands.com.
  • An archived replay of the webcast will also be available shortly after the live event has concluded.

Logical Buildings Delivers Cash Payments to Record Number of New York Utility Customers to Reduce Energy and Carbon Emissions

Retrieved on: 
Tuesday, February 28, 2023
Fire department, Carbon, Con, Flower Hill Village Hall, Internet of things, Interim, Acquisition, Running, Electricity, AI, Growth, Library, EVS, Local Law 97 of 2019, Brewster-Wheeler Recreation Center, AMI, Local, VPP, Consolidated Edison, AvalonBay Communities, Cryptocurrency, Renewable energy, UDR

During summer 2022, the peak utility season, a record-high number of residents, spanning both single and multifamily residences, enrolled and participated in GridRewards events.

Key Points: 
  • During summer 2022, the peak utility season, a record-high number of residents, spanning both single and multifamily residences, enrolled and participated in GridRewards events.
  • GridRewards users were prompted to adopt smarter energy use measures during Con Edison’s June-September peak energy period.
  • When high energy demand was forecasted, GridRewards offered users opportunities to earn money by reducing energy use at peak times.
  • The company delivered hundreds of thousands of dollars in total rewards to a record-high number of participating customers during the summer peak season.

Carrols Restaurant Group, Inc. Reports Financial Results for the Fourth Quarter and Full Year 2022

Retrieved on: 
Tuesday, February 28, 2023
EBITDA, Telephone, History of Burger King, Food, Burger King, Interim, Table, Carrols Restaurant Group, Sale, Comparable, Popeyes, Controller, Adjustment, Hull, Video game, Pharmaceutical industry, Reinsurance, Cryptocurrency, Bookkeeping, Bank, Fast food

Restaurant sales for the Company’s Popeyes restaurants, which represented 4.9% of total restaurant sales in the fourth quarter of 2022, increased on a comparable restaurant sales basis by 9.2% compared to 1.0% in the fourth quarter of 2021.

Key Points: 
  • Restaurant sales for the Company’s Popeyes restaurants, which represented 4.9% of total restaurant sales in the fourth quarter of 2022, increased on a comparable restaurant sales basis by 9.2% compared to 1.0% in the fourth quarter of 2021.
  • Adjusted EBITDA(1) was $25.4 million in the fourth quarter of 2022 compared to $13.9 million in the fourth quarter of 2021.
  • Income from operations was $2.8 million in the fourth quarter of 2022 compared to loss from operations of $10.0 million in the prior year quarter.
  • Interest expense increased to $7.9 million in the fourth quarter of 2022 from $7.4 million in the fourth quarter of 2021.

IPG Promotes Tiffany Rolfe to Chair and Names Robin Forbes Interim CEO of R/GA

Retrieved on: 
Monday, February 27, 2023
Marketing, Creativity, Samsung, Tiffany, Webby Awards, Lyon, DNA, Verizon Communications, The Wall Street Journal, Magic, The New York Times, NYSE, Organization, Tiff, Partnership, Interim, IPG, Publication, Beauty, Growth, Culture, One Show, Magic Quadrant, Robin, The One Show, R/GA, Titanium, The Interpublic Group of Companies, Grand Prix, Webby, Creative, Management, Film industry, Adweek

Global Chief Creative Officer Tiffany Rolfe adds to her global creative title and expands responsibilities to include company vision, culture and business leadership as Chair of R/GA.

Key Points: 
  • Global Chief Creative Officer Tiffany Rolfe adds to her global creative title and expands responsibilities to include company vision, culture and business leadership as Chair of R/GA.
  • Her partner in leading the agency will be Robin Forbes, currently Global Chief Client Officer, who steps up as Interim CEO.
  • Lyons will stay on through a transition period and support Rolfe and Forbes as they take on their additional responsibilities.
  • Rolfe and Forbes will both report to IPG CEO Philippe Krakowsky, effective immediately.

Alexandre Garcia is appointed Group Head of Communications and Public Affairs

Retrieved on: 
Monday, February 27, 2023
Human, Sciences Po, Ecosystem, Communication, Interim, Risk, Marketing, SCOR, Public affairs, Corporate communication, PR, HEC, Munich's financial community, Business analyst, García, Taddeo

Alexandre Garcia, previously Head of PR and Corporate Communications, is appointed Group Head of Communications and Public Affairs.

Key Points: 
  • Alexandre Garcia, previously Head of PR and Corporate Communications, is appointed Group Head of Communications and Public Affairs.
  • Nathalie Mikaeloff, previously Director of Communications and Marketing at SCOR, is leaving the Group to pursue new professional opportunities.
  • Before joining SCOR in 2022, Alexandre was a Director at Taddeo, a strategic communications consulting firm that he joined in 2017.
  • There, he supported the leaders of large, listed companies with their corporate communications strategies, notably in the (re)insurance sector.

Current Lighting Announces the Appointment of Bill Tolley as Interim CEO

Retrieved on: 
Monday, February 27, 2023
Technology, Construction & Property, Office Products, Utilities, Building Systems, Energy, Architecture, Retail, Consumer Electronics, Interim, Acquisition, Hubbell, Lighting, Management

Current™, a leading commercial and industrial (“C&I”) lighting and controls company, has appointed William (“Bill”) Tolley as its Interim CEO, effective today.

Key Points: 
  • Current™, a leading commercial and industrial (“C&I”) lighting and controls company, has appointed William (“Bill”) Tolley as its Interim CEO, effective today.
  • Departing CEO Manish Bhandari was instrumental in leading the company through the pandemic and a transformative acquisition of Hubbell’s C&I Lighting business.
  • He has decades of experience in the electrical and lighting industry as a long time senior executive of Hubbell, Inc,.
  • Bill will focus on implementing the company’s strategic and tactical agendas while identifying and onboarding a permanent CEO.

Brooge Energy Ltd Announces Unaudited 2022 Financial Results and 2023 Revenue Guidance for Operating Subsidiary BPGIC FZE

Retrieved on: 
Monday, February 27, 2023
FZE, Biofuel, Interim, COVID-19, Video game, Renewable energy

NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) --  Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced its unaudited 2022 financial results for its operating subsidiary BPGIC FZE.

Key Points: 
  • Unaudited 2022 total revenue, operating income and net income totaled US$79.2 million, US$48.3 million and US$26.2 million respectively
    Management is forecasting total revenue of US$125 million for 2023, an increase of approximately 58% year-over-year
    NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Brooge Energy Ltd, (“Brooge Energy” or the “Company”), a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced its unaudited 2022 financial results for its operating subsidiary BPGIC FZE.
  • Ms. Lina Saheb, Interim Chief Executive Officer of Brooge Energy, stated, “Despite the delay due to the impact of the Covid-19 pandemic on the commencement of phase 2 operations, BPGIC FZE reported unaudited 2022 total revenue of US$79.2 million.
  • Demand for oil storage remains very strong given the current global economic environment and we are benefiting not only from our strategic location, but also from our high-quality infrastructure and automated technology.
  • BPGIC FZE’s 2023 total revenue is forecasted to exceed US$125 million, an increase of approximately 58% year-over-year, as the terminal capacity is currently 100% contracted at better terms.”

Faction Announces Commercial Expansion of DriveLink® and TeleAssist® Technologies to Simplify Self-Driving Systems for OEMs and other Customers

Retrieved on: 
Monday, February 27, 2023
Technology, Fleet Management, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Alternative Vehicles, Fuels, Automotive, Vehicle Technology, Autonomous Driving, Vehicles, Transport, Other Technology, Public Transport, Logistics, Supply Chain Management, Performance & Special Interest, Partnership, Interim, Atmosphere, OEM, Multimedia, Original equipment manufacturer, Rail transport, Faction, Arcimoto

Its DriveLink® technology creates a digital vehicle platform for vehicle manufacturers to enable driverless technology.

Key Points: 
  • Its DriveLink® technology creates a digital vehicle platform for vehicle manufacturers to enable driverless technology.
  • TeleAssist® leverages remote human assistance, similar to an air traffic controller, allowing the vehicle to run with limited human intervention.
  • Faction’s technology suite provides an opportunity for OEMs to design driverless solutions into their vehicles at a fraction of the cost.
  • Potential partners interested in enabling driverless solutions into their businesses should contact Faction with the information below.