Interim

Grindrod Shipping Holdings Ltd. Announces Changes to Management and Board of Directors

Retrieved on: 
Monday, March 20, 2023
HSBC, Interim, HSBC Bank, CNC, Project accounting, Audit, Compensation, ARC, Public sector banks in India, JSE, Nordea, Treasury, Market, Vulnerability and Risk Committee, CFO, KPMG, Project, Committee, Non-executive director, Management, Security (finance), Grindrod, Pacific Ocean

SINGAPORE, March 20, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services in the drybulk sector, today announced the following changes to our executive management and Board of Directors (the “Board”).

Key Points: 
  • SINGAPORE, March 20, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services in the drybulk sector, today announced the following changes to our executive management and Board of Directors (the “Board”).
  • Concurrently, the Board of Directors has appointed Mr. Edward Buttery as Chief Executive Officer and Mrs. Deborah Davel as Chief Financial Officer, effective April 1, 2023.
  • Mr.
  • Buttery will remain on the Board as an Executive Director but will relinquish his position as a Compensation and Nomination Committee (“CNC”) member.

New Jersey Institute of Technology Names John Pelesko Provost and SVP for Academic Affairs

Retrieved on: 
Monday, March 20, 2023
Informatics, Interim, California Institute of Technology, University, College, Senior, Georgia Tech, Education, Doctor of Philosophy, UD, Culture, Teaching, Georgia Institute of Technology College of Computing, Research, NJIT, Alumni, Student, Trustee, Economic development, University of the Philippines College of Arts and Sciences, Faculty, Mathematics, Financial management, Environment, Family, John Pelesko, New Jersey Institute of Technology, Management

Newark, N.J., March 20, 2023 (GLOBE NEWSWIRE) -- New Jersey Institute of Technology (NJIT) has selected John Pelesko to serve as its next provost and senior vice president for academic affairs after a nationwide search.

Key Points: 
  • Newark, N.J., March 20, 2023 (GLOBE NEWSWIRE) -- New Jersey Institute of Technology (NJIT) has selected John Pelesko to serve as its next provost and senior vice president for academic affairs after a nationwide search.
  • Pelesko, currently the dean of the College of Arts and Sciences at the University of Delaware (UD), will start on Aug. 1.
  • More broadly, he’ll work closely with NJIT President Teik C. Lim and the Board of Trustees to identify, communicate and achieve NJIT’s academic priorities.
  • Before UD, Pelesko taught mathematics at Georgia Institute of Technology and computing and mathematical sciences at California Institute of Technology.

Optomec Mourns the Unexpected Loss of CEO Dave Ramahi

Retrieved on: 
Monday, March 20, 2023
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Optomec issued the following statement, “It is with intense sadness that we announce Dave Ramahi, President and Chief Executive Officer of Optomec, died unexpectedly of natural causes at his home in Boston, Massachusetts.

Key Points: 
  • Optomec issued the following statement, “It is with intense sadness that we announce Dave Ramahi, President and Chief Executive Officer of Optomec, died unexpectedly of natural causes at his home in Boston, Massachusetts.
  • He will be remembered for the personal compassion and boundless energy he brought to the company and its customers.
  • He will be deeply missed by many across the industry.”
    The Board of Directors has appointed Mike Barry to the role of Interim President and CEO.
  • Dave Ramahi joined Optomec in 2002 after successful leadership positions in the computer graphics industry.

Kaival Brands Appoints Three New Members to its Board of Directors

Retrieved on: 
Monday, March 20, 2023
Interim, Stick, Tobacco industry, Tobacco, Accounting, Retirement, KAVL, ENDS, Management

GRANT-VALKARIA, Fla., March 20, 2023 (GLOBE NEWSWIRE) -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company" or "we,” “our” or similar terms), the exclusive distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), including the BIDI® Stick electronic nicotine delivery system (ENDS), which are intended for adults 21 and over, announced today the appointment of Barry Hopkins, David Worner and Mark Thoenes to Kaival’s Board of Directors.

Key Points: 
  • The appointments bring senior leadership to Kaival Brands covering key areas of tobacco industry experience, public company financing and accounting and corporate governance.
  • The new board appointments coincide with the retirement of Paul Reuter as Chairman of Kaival Brands’ Board of Directors.
  • Existing independent directors Roger Brooks and George Chaung will continue to serve on Kaival Brand’s board.
  • Eric Mosser, Chief Operating Officer, President, and a director of Kaival Brands, commented: “We are excited to welcome new independent directors Barry Hopkins and David Worner to our board.

Entravision Announces New Credit Facility

Retrieved on: 
Monday, March 20, 2023
Software, Media, Online, Entertainment, Mobile Entertainment, Social Media, Technology, Artificial Intelligence, Digital Marketing, TV and Radio, Marketing, Advertising, Communications, Interim, Security (finance), JPMorgan Chase, EVC, Bank of America, Bank, Wells Fargo, NYSE, J. P. Morgan

Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced that on March 17, 2023 the Company entered into a new $275 million credit facility, consisting of a $200 million term loan A and a $75 million revolving credit facility.

Key Points: 
  • Entravision (NYSE: EVC), a leading global advertising solutions, media and technology company, today announced that on March 17, 2023 the Company entered into a new $275 million credit facility, consisting of a $200 million term loan A and a $75 million revolving credit facility.
  • Led by Bank of America, Wells Fargo, and J.P. Morgan Chase, the new credit facility replaces the Company’s existing credit facility entered into on November 30, 2017.
  • “The closing of this facility in this volatile financial market is a testament to the continued financial strength of our Company,” said Chris Young, Interim Chief Executive Officer and Chief Financial Officer of Entravision.
  • Additional details on the new credit facility are outlined in the company’s Current Report on Form 8-K filed today with the Securities and Exchange Commission.

Quarterhill Announces CEO Change and Preliminary Consolidated Results for Fiscal 2022

Retrieved on: 
Monday, March 20, 2023
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John Gillberry, who is currently Chair of the Board, has been named Interim CEO.

Key Points: 
  • John Gillberry, who is currently Chair of the Board, has been named Interim CEO.
  • Quarterhill's Board has formed a CEO search committee to conduct a search to select the company's next CEO and will be engaging an executive recruiting firm to assist with this process.
  • Quarterhill announces that its consolidated revenue for fiscal 2022 is expected to be in a range of $303-307 million with consolidated Adjusted EBITDA1 expected to be in a range of $63-66 million.
  • Quarterhill will release its complete financial results for the three- and twelve-month periods ended December 31, 2022, on Wednesday, March 22, 2023.

Rubicon Organics Appoints Michael Detlefsen to the Board and Announces Four Board Nominees

Retrieved on: 
Monday, March 20, 2023
Cannabis, Marketing, CFO, Growth, Interim, Rubicon, AGM, Nomination, Drug

"Rubicon is embarking on a new chapter in our vision to grow the best cannabis on Earth for the Earth.

Key Points: 
  • "Rubicon is embarking on a new chapter in our vision to grow the best cannabis on Earth for the Earth.
  • I am thrilled to welcome Michael Detlefsen to our Board, and look forward to the imminent confirmation of our four Nominees.
  • The Nominees will be Board Observers, without any voting rights, until their successful election at the AGM, expected in the summer of 2023.
  • The Nominees must receive Health Canada’s customary security clearance before they can join the Board as directors.

Li-Cycle Releases Interim Environmental, Social and Governance (ESG) Report

Retrieved on: 
Monday, March 20, 2023
EV, Electric Vehicles, Professional Services, Sustainability, Batteries, Alternative Energy, Energy, Technology, Automotive, Environment, Engineering, Environmental, Social and Governance (ESG), Manufacturing, Social responsibility, Heart, Sulfur, Occupational safety and health, Interim, International, Response, ISO, Carbon dioxide, Quality management, Environmental resource management, Sulfur oxide, Materiality, TCFD, Finance, NOx, R2, Roadmap, Mining, UN, Water, CO2, ESG, Health, NYSE, Safety, Risk management, Renewable energy, Audit, Social

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the “2022 Interim ESG Report”).

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, is pleased to announce the publication of its 2022 Interim Environmental, Social, and Governance (ESG) Report (the “2022 Interim ESG Report”).
  • Li-Cycle’s first full ESG report, which will include the Company’s ESG performance from its 2023 financial year, is expected to be fully compliant with SASB Standards.
  • “Sustainability is core to Li-Cycle’s DNA and our business is deeply rooted in prioritizing environmental stewardship, social responsibility, and corporate governance.
  • We are also committed to continuing to advance our strong ESG performance to deliver value for all our stakeholders.”
    To access the 2022 Interim ESG report, please visit: https://li-cycle.com/sustainability/ .

Novartis shares Zolgensma long-term data demonstrating sustained durability up to 7.5 years post-dosing; 100% achievement of all assessed milestones in children treated prior to SMA symptom onset

Retrieved on: 
Sunday, March 19, 2023
Failure mode and effects analysis, Non-invasive ventilation, SMA, Interim, Gastroenteritis, SMN2, IV, Spinal muscular atrophy, Observational study, STRONG, Marketing, Dehydration, Survival, Clinical trial, Quality of life, Commonwealth of Australia (US securities entity), Research, Ventilation, Government, Sale, Walking, MD, Patient, Muscular Dystrophy Association, Regulation, Physician, Pandemic, Episcopal conference, Common, Viral, Diagnosis, MDA, Periodic breathing, Nationwide, Conference, Pneumonia, Safety, Disease, Birth control, Pharmaceutical industry, Nursing, Medical device, Sales, COVID-19, Novartis, Onasemnogene abeparvovec

“These children now have an improved quality of life, vastly different from what would have been expected for them if they had not received treatment.

Key Points: 
  • “These children now have an improved quality of life, vastly different from what would have been expected for them if they had not received treatment.
  • Results from the IV cohort, which included 63 patients, demonstrated how a single administration of Zolgensma provided consistent, substantial and durable efficacy over time.
  • “Data from the LT-001 and LT-002 studies showed that, regardless of the patient’s symptomatic status at the time of treatment, Zolgensma IV is an effective and durable treatment option.
  • Nor can there be any guarantee that such products will be commercially successful in the future.

Enerflex Ltd. Announces Succession Plan for Chief Financial Officer

Retrieved on: 
Sunday, March 19, 2023
Interim, Senior, Energy, COVID-19, NYU, Sanjay, MBA, Enerflex, GE Energy Financial Services, Deleveraging, New York University Stern School of Business, Treasury, Acquisition, Wachovia, Dickinson College, TSX, NYSE, BA, Corporate development, Management, Exterran Corporation

Matthew Lemieux, Enerflex's Vice President, Corporate Development and Treasury, will be appointed as Interim Chief Financial Officer following Mr. Bishnoi's departure.

Key Points: 
  • Matthew Lemieux, Enerflex's Vice President, Corporate Development and Treasury, will be appointed as Interim Chief Financial Officer following Mr. Bishnoi's departure.
  • Sanjay's financial and business leadership have made us a smarter, more resilient, and more profitable organization," stated Marc Rossiter, Enerflex's President and Chief Executive Officer.
  • Mr. Rossiter further stated, "We are pleased to appoint Matthew Lemieux to Interim Chief Financial Officer.
  • Enerflex plans to announce the appointment of a permanent Chief Financial Officer in the near future.