General Electric Company

Vimeo Appoints Philip Moyer as New Chief Executive Officer

Retrieved on: 
Thursday, April 4, 2024

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the leading video platform for businesses, today announced the appointment of Philip Moyer as Chief Executive Officer and member of the Board of Directors, effective April 8, 2024.

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Vimeo (NASDAQ: VMEO), the leading video platform for businesses, today announced the appointment of Philip Moyer as Chief Executive Officer and member of the Board of Directors, effective April 8, 2024.
  • Adam Gross, the Company’s Interim Chief Executive Officer and member of the Board, will remain on the Board after the transition.
  • “I’m thrilled to join as CEO of Vimeo, a platform that revolutionizes how millions engage with video content worldwide,” said Moyer.
  • On Monday, May 6, 2024 at 5:00pm ET, Vimeo will live stream a video conference which will include Philip to answer questions regarding its first quarter results.

MISTRAS Group Appoints New Chief Transformation Officer to Advance Business Transformation

Retrieved on: 
Monday, March 25, 2024

Mr. Hammad will report to Mr. Manuel (Manny) N. Stamatakis, Chairman of the Board and Interim CEO of MISTRAS Group, Inc.

Key Points: 
  • Mr. Hammad will report to Mr. Manuel (Manny) N. Stamatakis, Chairman of the Board and Interim CEO of MISTRAS Group, Inc.
  • As the new CTO of MISTRAS Group, Mr. Hammad will continue to oversee the implementation and continuation of Project Phoenix.
  • Mr. Hammad expressed his enthusiasm for his new role, "I am thrilled to join MISTRAS Group at this pivotal moment.
  • As Mr. Hammad assumes his new role, MISTRAS Group looks forward to the innovative leadership and strategic initiatives he will bring.

GE HealthCare Technologies Inc. Commences Secondary Offering of 13,000,000 Shares

Retrieved on: 
Tuesday, March 12, 2024

Prior to the closing of the Offering, General Electric Company (“GE”) is expected to exchange the GEHC Shares for indebtedness of GE held by Morgan Stanley Bank, N.A.

Key Points: 
  • Prior to the closing of the Offering, General Electric Company (“GE”) is expected to exchange the GEHC Shares for indebtedness of GE held by Morgan Stanley Bank, N.A.
  • Following the debt-for-equity exchange, if consummated, Morgan Stanley & Co. LLC, as the selling stockholder in the Offering, intends to sell the GEHC Shares to the underwriter in the Offering.
  • The selling stockholder in the Offering has granted the underwriter an option to purchase additional shares of GE HealthCare common stock for settlement on or before March 28, 2024.
  • The Offering will be made only by means of a free writing prospectus, the prospectus and the accompanying prospectus supplement relating to the Offering.

GE HealthCare Technologies Inc. Prices Upsized Secondary Offering of 14,000,000 Shares

Retrieved on: 
Wednesday, March 13, 2024

GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 14,000,000 shares of its common stock (the “GEHC Shares”).

Key Points: 
  • GE HealthCare Technologies Inc. (Nasdaq: GEHC) (the “Company” or “GE HealthCare”) announced today the pricing of the previously announced secondary underwritten public offering (the “Offering”) of 14,000,000 shares of its common stock (the “GEHC Shares”).
  • The Offering was upsized from the previously announced offering size of 13,000,000 GEHC Shares.
  • GE HealthCare is not selling any shares of common stock and will not receive any proceeds from the sale of the GEHC Shares in the Offering or from the debt-for-equity exchange (as described below).
  • Prior to the closing of the Offering, General Electric Company (“GE”) is expected to exchange the GEHC Shares for indebtedness of GE held by Morgan Stanley Bank, N.A.

CareDx Appoints Bryan Riggsbee to Its Board of Directors

Retrieved on: 
Monday, March 11, 2024

CareDx, Inc. (Nasdaq: CDNA) — The Transplant Company™ — a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers — today announced that Bryan Riggsbee joins CareDx’s Board of Directors, effective March 11, 2024.

Key Points: 
  • CareDx, Inc. (Nasdaq: CDNA) — The Transplant Company™ — a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers — today announced that Bryan Riggsbee joins CareDx’s Board of Directors, effective March 11, 2024.
  • “We're pleased to welcome Bryan to our Board,” said Michael Goldberg, CareDx Board Chairperson.
  • With a decade-long tenure at Laboratory Corporation of America (LabCorp), Riggsbee has demonstrated proven financial acumen.
  • “I am thrilled to join the CareDx Board, an innovator and leader in the field of organ transplantation,” said Riggsbee.

HVDC Converter Station Market Projected to Reach $20.63 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Monday, March 18, 2024

The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.

Key Points: 
  • The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.
  • The surge in cross-border power trading is a pivotal force driving the expansion of the High Voltage Direct Current (HVDC) converter station market.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the HVDC Converter Station Market.
  • "Dive into the HVDC Converter Station Market Landscape: Explore 198 Pages of Insights, 386 Tables, and 24 Figures"

HVDC Converter Station Market Projected to Reach $20.63 billion by 2030 - Exclusive Report by 360iResearch

Retrieved on: 
Monday, March 18, 2024

The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.

Key Points: 
  • The push toward renewable energy sources, propelled by rapid urbanization and governmental initiatives, emphasizes the growing investments in HVDC technology.
  • The surge in cross-border power trading is a pivotal force driving the expansion of the High Voltage Direct Current (HVDC) converter station market.
  • We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the HVDC Converter Station Market.
  • "Dive into the HVDC Converter Station Market Landscape: Explore 198 Pages of Insights, 386 Tables, and 24 Figures"

GE Vernova and Montana Technologies Close Joint Venture to Manufacture Transformational Air Conditioning and Atmospheric Water Harvesting Products

Retrieved on: 
Monday, March 11, 2024

CAMBRIDGE, Mass. and RONAN, Mont., March 11, 2024 /PRNewswire/ -- GE Vernova, a global leader in electrification, decarbonization, and energy solutions, today announced the close of a 50/50 joint venture (JV) with Montana Technologies LLC that will incorporate GE Vernova's proprietary sorbent materials into systems that utilize Montana's patented AirJoule® dehumidification, air conditioning, and atmospheric water harvesting technology. The new JV, named AirJoule, LLC, is one of the first business transactions from GE Vernova's new Ventures and Incubation group, which is bringing leading energy transition innovations to customers by collaborating with startups.

Key Points: 
  • and RONAN, Mont., March 11, 2024 /PRNewswire/ -- GE Vernova, a global leader in electrification, decarbonization, and energy solutions, today announced the close of a 50/50 joint venture (JV) with Montana Technologies LLC that will incorporate GE Vernova's proprietary sorbent materials into systems that utilize Montana's patented AirJoule® dehumidification, air conditioning, and atmospheric water harvesting technology.
  • GE Vernova, a recognized leader in the development of advanced materials technology for industrial systems, developed the atmospheric water harvesting technologies under the direction of Dr. David Moore.
  • Incorporating GE Vernova's sorbent innovations into AirJoule® technology will enhance the performance of the JV's energy-saving HVAC components as well as its atmospheric water harvesting products.
  • "We are elated to have this fantastic joint venture collaboration with GE Vernova," said Matt Jore, CEO of Montana Technologies.

EQS-News: Linde Board Elects Paula Rosput Reynolds as New Director

Retrieved on: 
Wednesday, March 13, 2024

Woking, UK, February 27, 2024 – Linde plc (Nasdaq: LIN) announced today that its Board of Directors has elected Paula Rosput Reynolds as a new director of Linde plc, effective February 27, 2024.

Key Points: 
  • Woking, UK, February 27, 2024 – Linde plc (Nasdaq: LIN) announced today that its Board of Directors has elected Paula Rosput Reynolds as a new director of Linde plc, effective February 27, 2024.
  • Rosput Reynolds is a seasoned energy executive who brings substantial knowledge and global experience to the Linde plc Board of Directors.
  • Rosput Reynolds is currently Chair of National Grid plc and serves as a director at General Electric Company and senior independent director at BP plc.
  • "Paula has a distinguished track record of executive leadership and board service,” said Steve Angel, Chairman of Linde plc.

GE Board of Directors Approves Spin-Off of GE Vernova; GE Vernova and GE Aerospace to Launch April 2, 2024

Retrieved on: 
Thursday, February 29, 2024

GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “Today’s announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders.

Key Points: 
  • GE Chairman and CEO and GE Aerospace CEO H. Lawrence Culp, Jr. said, “Today’s announcement clears the way for the historic launches of GE Vernova and GE Aerospace, completing our transformation into three independent, investment-grade industry leaders.
  • Holders of GE common stock will be entitled to receive one share of GE Vernova common stock for every four shares of GE common stock held on March 19, 2024, the record date for the distribution.
  • GE shareholders do not need to take any action to receive shares of GE Vernova common stock to which they are entitled as a GE shareholder.
  • As previously announced, GE Vernova and GE Aerospace will host investor days on Wednesday, March 6 and Thursday, March 7, 2024 respectively, in New York, NY.