Evergy

Former MOPSC Commission Chairman Kevin Gunn to join Evergy

Retrieved on: 
Tuesday, November 28, 2023

Evergy, Inc. (NASDAQ: EVRG) announced today that Kevin Gunn will join its leadership team in January.

Key Points: 
  • Evergy, Inc. (NASDAQ: EVRG) announced today that Kevin Gunn will join its leadership team in January.
  • I’m excited to have him join our Evergy leadership team.”
    Gunn joins Evergy with 20 years of experience in policymaking, energy and regulation.
  • He served on the Missouri Public Service Commission for five years, including as Chairman, and on the board of the National Association of Regulatory Utility Commissioners (NARUC).
  • In his role at Evergy, Gunn will focus in particular on the company’s work with Missouri and federal regulators and stakeholders.

CBIZ, Inc. Appoints Jaileah Huddleston Chief Legal Officer and Corporate Secretary

Retrieved on: 
Wednesday, November 8, 2023

CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Jaileah (Leah) Huddleston as the company’s new Chief Legal Officer and Corporate Secretary, effective Dec. 11.

Key Points: 
  • CBIZ, Inc. (NYSE: CBZ), a leading national provider of financial, insurance and advisory services, announced today that it has named Jaileah (Leah) Huddleston as the company’s new Chief Legal Officer and Corporate Secretary, effective Dec. 11.
  • Huddleston replaces CBIZ’s long-time General Counsel and Secretary Mike Gleespen, who retired in Aug. 2023.
  • As Chief Legal Officer and Corporate Secretary, Huddleston will be responsible for overseeing all CBIZ legal affairs, managing day-to-day legal operations, supporting the Board of Directors, collaborating with cross-functional teams to advance and achieve business objectives, and protecting the company’s interests.
  • “I look forward to partnering with the leadership and legal teams to drive growth and advance the corporate strategy.

Evergy Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023

Evergy, Inc. (NASDAQ: EVRG) today announced third quarter 2023 GAAP earnings of $351.6 million, or $1.53 per share, compared to GAAP earnings of $428.2 million, or $1.86 per share, for third quarter 2022.

Key Points: 
  • Evergy, Inc. (NASDAQ: EVRG) today announced third quarter 2023 GAAP earnings of $351.6 million, or $1.53 per share, compared to GAAP earnings of $428.2 million, or $1.86 per share, for third quarter 2022.
  • Evergy’s third quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $432.3 million and $1.88, respectively, compared to $460.8 million and $2.00 in 2022.
  • "We are narrowing our 2023 adjusted earnings per share guidance range to $3.55 to $3.65 from $3.55 to $3.75 and establishing a long-term growth target of 4% to 6% off the original 2023 midpoint of $3.65.
  • Adjusted earnings (non-GAAP) and adjusted EPS (non-GAAP) are used internally to measure performance against budget and in reports for management and the Evergy Board.

'Plug and Play Topeka' Selects 24 Startups for Its Animal Health, Ag-Tech Accelerator Program

Retrieved on: 
Tuesday, October 17, 2023

TOPEKA, Kan., Oct. 17, 2023 /PRNewswire-PRWeb/ -- GO Topeka, the economic development group for Kansas' capital city, recently announced that Plug and Play Topeka, a global innovation platform that creates industry-specific accelerator programs, has selected 11 animal health startups and 13 ag-tech startups for the fall 2023 cohort. These early-to-mid-stage startups hail from more than 10 countries including the U.S., Canada, Germany, France, the U.K., and Australia, among others.

Key Points: 
  • Entrepreneurs representing these startups will now participate in a three-month-long accelerator program to connect them with resources and help their businesses grow.
  • The 24 startups selected for the program are:
    5 Element Food Therapy : Nourishing pet dietary supplements containing proprietary blends of whole foods and herbs.
  • Since the start of the program in the spring of 2021, 54 startups have graduated from the Plug and Play Topeka accelerator program.
  • Each year, the program will develop two accelerator groups, each comprised of 10-12 animal health and ag-tech startups.

Rite Aid Corporation Appoints Jeffrey S. Stein Chief Executive Officer

Retrieved on: 
Monday, October 16, 2023

Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) and a member of the Board of Directors, effective immediately.

Key Points: 
  • Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) and a member of the Board of Directors, effective immediately.
  • Mr. Stein succeeds Elizabeth (“Busy”) Burr, who has served as Interim CEO of Rite Aid since January 2023.
  • Bruce Bodaken, Rite Aid Chairman, stated, “After a thorough and thoughtful search process, the Board unanimously agreed that Jeff is the right executive to lead Rite Aid through its transformation.
  • He has served as CEO, CFO, Chief Restructuring Officer and Chief Risk Officer at numerous companies, most recently as CEO of Energy Future Holdings.

HILL's PET NUTRITION OPENS NEW SMART FACTORY IN TONGANOXIE TO MEET GLOBAL PET OWNER DEMAND FOR SCIENCE-LED NUTRITION

Retrieved on: 
Monday, October 16, 2023

TOPEKA, Kan., Oct. 16, 2023 /PRNewswire/ -- Hill's Pet Nutrition, a division of Colgate-Palmolive and a global leader in science-led nutrition, today announced the grand opening of its newest manufacturing plant in Tonganoxie, Kan.

Key Points: 
  • "It's only appropriate that as we celebrate Hill's 75th anniversary, we are able to unveil the next chapter of smart manufacturing innovation in the pet food industry," said John Hazlin, President and CEO of Hill's Pet Nutrition.
  • The new Hill's Tonganoxie plant marks a step change in strategic automation and technological advancements in the pet food industry.
  • "I'm delighted our unique Animal Health Corridor continues to expand, growing our economy and supporting communities like Tonganoxie.
  • While investing in its operations, Hill's Pet Nutrition is committed to making science-led nutritional products in an environmentally responsible manner.

Evergy reaches unanimous settlement with parties to Kansas rate case

Retrieved on: 
Friday, September 29, 2023

Evergy, Inc. (NASDAQ: EVRG) today announced that a unanimous agreement has been reached with parties to its Kansas rate case.

Key Points: 
  • Evergy, Inc. (NASDAQ: EVRG) today announced that a unanimous agreement has been reached with parties to its Kansas rate case.
  • "As a result of this settlement, average retail rates in Kansas will have increased just one percent, cumulatively, since 2017.
  • If the agreement is approved, Evergy Kansas Central will implement a net increase of $74.0 million and Evergy Kansas Metro will have a net decrease of $32.9 million.
  • For Evergy Kansas Metro, which includes Lenexa, Overland Park and other communities near the Kansas City metro area, rates for residential customers will decrease about 4.75%, and the average residential customer will pay

WeWork Announces Board Updates

Retrieved on: 
Tuesday, August 8, 2023

“These new director appointments bring a fresh perspective and renewed commitment to the Board and our company,” said David Tolley, Interim Chief Executive Officer of WeWork.

Key Points: 
  • “These new director appointments bring a fresh perspective and renewed commitment to the Board and our company,” said David Tolley, Interim Chief Executive Officer of WeWork.
  • He also serves on the Board of Trustees of Fordham University.
  • Daniel Hurwitz, Vivek Ranadivé and Véronique Laury have stepped down from the Board.
  • The Board is continuing its search for additional independent directors as well as a permanent Chief Executive Officer.

Evergy Announces Second Quarter 2023 Results, Declares Quarterly Dividend and Reaffirms 2023 Guidance

Retrieved on: 
Friday, August 4, 2023

Evergy’s second quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $186.1 million and $0.81, respectively, compared to $194.5 million and $0.84 in 2022.

Key Points: 
  • Evergy’s second quarter 2023 adjusted earnings (non-GAAP) and adjusted earnings per share (non-GAAP) were $186.1 million and $0.81, respectively, compared to $194.5 million and $0.84 in 2022.
  • “We remain on track to meet our expectations for the year after delivering solid second quarter performance," said David Campbell, Evergy president and chief executive officer.
  • The Company reaffirmed its 2023 GAAP EPS guidance range of $3.55 to $3.75, along with its 2023 adjusted EPS (Non-GAAP) guidance range of $3.55 to $3.75.
  • Adjusted EPS (non-GAAP) guidance is reconciled to GAAP EPS guidance in the financial table included in this release.

Ace Hardware Selects Missouri For New Distribution Center

Retrieved on: 
Thursday, June 22, 2023

KANSAS CITY, Mo., June 22, 2023 /PRNewswire/ -- Ace Hardware Corporation, the world's largest retailer-owned hardware cooperative, announced plans to open a new Retail Support Center (RSC) in Kansas City, Missouri. The new facility, spanning approximately 1.5 million sq. ft., is projected to be fully operational in 2025, and is expected to create 350 new jobs. 

Key Points: 
  • KANSAS CITY, Mo., June 22, 2023 /PRNewswire/ -- Ace Hardware Corporation, the world's largest retailer-owned hardware cooperative, announced plans to open a new Retail Support Center (RSC) in Kansas City, Missouri.
  • "We're excited to add a world-renowned company like Ace Hardware to the growing list of businesses opening new facilities in Missouri," said Governor Mike Parson.
  • Ace Hardware is building this new facility to balance its current distribution network and meet the needs of its growing retail landscape.
  • "Ace Hardware's new distribution center in Missouri is significant for a multitude of reasons," said Subash Alias, CEO of Missouri Partnership.