Contigo

Premier, Inc. Completes Strategic Review Process

Retrieved on: 
Monday, February 5, 2024
Professional Services, Data Management, Health, Data Analytics, Technology, Hospitals, Health Technology, Bank of America, S2S, Intelligence, Growth, Chairperson, AI, Ageing, Committee, Premier, Hand, Contigo, GPO, Bank, ASR, Share repurchase, Pharmaceutical industry

As previously announced in May 2023, the Board established an Independent Special Committee (the “Special Committee”) to identify, review and explore strategic alternatives to enhance value for stockholders.

Key Points: 
  • As previously announced in May 2023, the Board established an Independent Special Committee (the “Special Committee”) to identify, review and explore strategic alternatives to enhance value for stockholders.
  • In consultation with its financial and legal advisors, the Special Committee conducted a comprehensive review of a broad range of potential options, providing its recommendations to the full Board for approval.
  • The Board and management team considered opportunities for deploying the Company’s capital resources, including accelerating returns to stockholders.
  • Based on this review, the Board has approved a new $1.0 billion share repurchase authorization.

JIM PISANI JOINS LIFE FITNESS AS CHIEF EXECUTIVE OFFICER

Retrieved on: 
Tuesday, July 25, 2023
Contigo, Newell Brands, Kraft Foods, Bachelor of Science, Coleman, National Basketball Association, FIBO, Senior advisor, National Hockey League, National Collegiate Athletic Association, PepsiCo, AFL, VF, Business administration, Recreation, University of Illinois Urbana-Champaign, National Football League, AGV Sports Group, Northern Illinois University, Lewis University, Terra, Dickies, Growth, Marmot, Life Fitness, Master of Business Administration, Major League Baseball, Outdoor, Management

ROSEMONT, Ill., July 25, 2023 /PRNewswire/ -- Life Fitness, the global leader in commercial fitness equipment, is pleased to announce the appointment of Jim Pisani as Chief Executive Officer, effective immediately, with Paul Stoneham transitioning as a Senior Advisor to the Life Fitness Board of Directors.

Key Points: 
  • ROSEMONT, Ill., July 25, 2023 /PRNewswire/ -- Life Fitness, the global leader in commercial fitness equipment, is pleased to announce the appointment of Jim Pisani as Chief Executive Officer, effective immediately, with Paul Stoneham transitioning as a Senior Advisor to the Life Fitness Board of Directors.
  • Most recently he served as Chief Executive Officer of the Outdoor & Recreation Business Segment of Newell Brands.
  • The Company thanks departing Chief Executive Officer Paul Stoneham for his important contributions to Life Fitness during his tenure to position the Company for the exciting next phase of growth.
  • Life Fitness looks forward to Mr. Stoneham's continued involvement with the Company as a Senior Advisor to the Life Fitness Board of Directors.

WakeMed Health & Hospitals Wins 2023 Premier Alliance Excellence Award

Retrieved on: 
Tuesday, June 20, 2023
Software, General Health, Professional Services, Data Management, Payments, Technology, Hospitals, Artificial Intelligence, Data Analytics, Practice Management, Consulting, Health, Contigo, Baystate Health, Banner Health, Partnership, WakeMed, MI, Atrium Health, Texas Health Resources, Falls Church, Virginia, Hospital, University Hospitals Cleveland Medical Center, Philippine Heart Center, Organization, Medicare, McLaren Health Care Corporation, Business, Rehabilitation hospital, Exhibition, University Health Network, Insight, Perceptual Speech Quality Measure, Premier, PAMA, Conference, Social Security Amendments of 1965, Safety, Health care, Nursing, Inova Health System, Phoenix

Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, has named WakeMed Health & Hospitals , a nationally recognized 970-bed not-for-profit healthcare system founded and based in Raleigh, N.C., the winner of the 2023 Premier Alliance Excellence Award.

Key Points: 
  • Premier, Inc. (NASDAQ: PINC), a leading technology-driven healthcare improvement company, has named WakeMed Health & Hospitals , a nationally recognized 970-bed not-for-profit healthcare system founded and based in Raleigh, N.C., the winner of the 2023 Premier Alliance Excellence Award.
  • The Premier Alliance Excellence Award recognizes innovative healthcare providers that demonstrate an unparalleled commitment to healthcare transformation, using Premier as a key partner.
  • The health system has also joined Contigo Health to help increase access to high-quality care and control costs.
  • Previous Premier Alliance Excellence Award winners include Henry Ford Health (Detroit, MI), Atrium Health (Charlotte, NC), St. Luke’s University Health Network (Bethlehem, PA), McLaren Health Care (Detroit, MI), University Hospitals (Cleveland, OH), Baystate Health (Springfield, MA), Banner Health (Phoenix, AZ), Bon Secours Mercy Health (Cincinnati, OH), Inova (Falls Church, VA) and Texas Health Resources (Arlington, TX).

Premier, Inc. Reports Fiscal-Year 2023 Third-Quarter Results

Retrieved on: 
Tuesday, May 2, 2023
Technology, Hospitals, Health Technology, Software, Practice Management, Networks, Managed Care, Health, Data Management, Transitional care, Contigo, FFF, Capital expenditure, TRPN, Use, Premier, Inc., Personal protective equipment, COVID-19, Income tax, GAAP, EBITDA, Acquisition, PPE, Internet access, Nine Months, Webcast, Growth, EPS, GPO, Three Months, Pharmaceutical industry, Clothing, Cryptocurrency, Bank, Real estate, Video game, Agriculture, Premier

Refer to Supply Chain Services and Performance Services sections below for further discussion on the factors that impacted each segment during the quarter.

Key Points: 
  • Refer to Supply Chain Services and Performance Services sections below for further discussion on the factors that impacted each segment during the quarter.
  • Adjusted net income of $69.5 million increased 2% from $68.1 million for the same period a year ago.
  • Free cash flow for the nine months ended March 31, 2023 was $199.5 million compared with $201.9 million for the same period a year ago.
  • For the nine months ended March 31, 2023, the company paid aggregate dividends of $75.2 million to holders of its Class A common stock.

ROTH MKM Releases its 2023 Millennial Survey

Retrieved on: 
Tuesday, March 7, 2023
Professional Services, Retail, Consumer, Other Retail, Millennials, Banking, CBD, Nike, Hydro Flask, Contigo, Pet, American Apparel & Footwear Association, Energy, Partnership, Walking, Rover, COVID-19, Tumbler, Gucci, Marketing, Vans, Adidas

ROTH MKM, a full service investment bank focused on advising and financing growth companies, is pleased to announce the release of its 2023 Millennial Survey, a proprietary survey examining current trends, spending patterns and favorite brands across eight consumer categories, including apparel & footwear, home furnishings, health & wellness, beverage, healthy food & snacks, CBD & cannabis, sexual wellness and pets.

Key Points: 
  • ROTH MKM, a full service investment bank focused on advising and financing growth companies, is pleased to announce the release of its 2023 Millennial Survey, a proprietary survey examining current trends, spending patterns and favorite brands across eight consumer categories, including apparel & footwear, home furnishings, health & wellness, beverage, healthy food & snacks, CBD & cannabis, sexual wellness and pets.
  • The survey, conducted in partnership with MFour Mobile Research, features 279 questions and was completed by 2,500 Millennial-aged women and men.
  • Our survey shows that Millennial consumers are still willing to spend on innovative brands, products, and services that tailor offerings to meet their unique needs,” said Matt Koranda, Managing Director, Senior Research Analyst at ROTH MKM.
  • For access to the ROTH MKM Millennial Survey, please contact your ROTH MKM Representative at (800) 678-9147.

Lionrock Recovery Signs Cutting-Edge Center of Excellence Partnership With Contigo Health

Retrieved on: 
Thursday, March 2, 2023
Women, Human Resources, Men, Telemedicine, Virtual Medicine, Professional Services, Health Insurance, Practice Management, Family, Consumer, Health, Multimedia, Workplace, Contigo, Suds, COE, SUD, Center of excellence, United, Lionrock, Hope, Privacy, Hazelden Betty Ford Foundation, Partnership, Pharmaceutical industry, Nursing

Committed to breaking the stigma around substance use disorder (SUD) in the workplace, Lionrock –the inventor of online SUDs treatment and recovery services in the United States–today announced it signed a cutting-edge partnership with Contigo Health for its new Center of Excellence program focused on SUD.

Key Points: 
  • Committed to breaking the stigma around substance use disorder (SUD) in the workplace, Lionrock –the inventor of online SUDs treatment and recovery services in the United States–today announced it signed a cutting-edge partnership with Contigo Health for its new Center of Excellence program focused on SUD.
  • View the full release here: https://www.businesswire.com/news/home/20230302005151/en/
    Lionrock Recovery Signs Cutting-Edge Center of Excellence Partnership with Contigo Health (Graphic: Business Wire)
    Lionrock Recovery and Hazelden Betty Ford are partnering with Contigo Health to expand access to quality SUD care.
  • With Lionrock Recovery leading the telehealth part of the program, this next-generation Center of Excellence works with employers to address SUDs in the workplace and provide the best and most convenient care options to support the lifelong management of this chronic condition.
  • You can learn more about Lionrock’s corporate benefit offerings at Lionrock Health, www.lionrockhealth.com .

Newell Brands Announces CFO Transition

Retrieved on: 
Monday, December 12, 2022
Office Products, Food, Beverage, Home Goods, Other Retail, Retail, Graco, Cerner, Information management, Tiffany, Yankee Candle, Business, Oster, Tiffany & Co., Contigo, Dymo Corporation, Sharpie, CFO, NWL, Brand, NUK, Annual report, Newell Brands, Kelley School of Business, EXPO, Chartered, Rubbermaid, Chartered Financial Analyst, Canadian Pacific Railway, Treasury, Information technology, Growth, Masonite International, Sunbeam, Procter, Procter & Gamble, Rubbermaid Commercial Products, Management, Security (finance), Indiana University, Accounting

Chris Peterson will fully transition into his role as President, Newell Brands and continue to report to Ravi Saligram, Chief Executive Officer.

Key Points: 
  • Chris Peterson will fully transition into his role as President, Newell Brands and continue to report to Ravi Saligram, Chief Executive Officer.
  • Mr. Erceg is a seasoned executive, who brings 30 years of global financial and operational experience to Newell Brands.
  • I am pleased to welcome Mark to Newells Leadership Team and believe his multiple experiences as CFO will add significant value to Newell Brands.
  • Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.

Newell Brands Elects Stephanie Stahl to Board of Directors

Retrieved on: 
Thursday, December 1, 2022
Office Products, Food, Beverage, Home Goods, Other Retail, Retail, Digital, Strategic planning, Sustainability, NWL, ESG, Senior advisor, Harvard Business School, Contigo, Sunbeam, Brand, Newell Brands, Partner, Yankee Candle, Coach New York, Triple accreditation, Quantitative Economics, Sharpie, Rubbermaid, Stanford University, Annual report, Growth, Ace, Oster, Rubbermaid Commercial Products, Marketing, Boston Consulting Group, Dymo Corporation, EXPO, NUK, Graco, The Co Founder, Atmosphere of Earth

Newell Brands (NASDAQ: NWL) today announced that Stephanie Stahl has been elected to the Board of Directors, effective January 1, 2023.

Key Points: 
  • Newell Brands (NASDAQ: NWL) today announced that Stephanie Stahl has been elected to the Board of Directors, effective January 1, 2023.
  • With the appointment of Ms. Stahl, the size of the companys Board will increase from ten members to eleven.
  • We are delighted to welcome Stephanie, a dynamic business leader with a proven track record of success, to Newell Brands Board of Directors, said Patrick Campbell, Chairman.
  • Ms. Stahl currently serves on the Boards of Directors of Dollar Tree, Inc. and Carters, Inc.
    Ms. Stahl holds a B.S.

Newell Brands Declares Dividend on Common Stock

Retrieved on: 
Monday, November 14, 2022
Home Goods, Retail, Office Products, Sunbeam, Dymo Corporation, Newell Brands, Graco, Sharpie, Contigo, EXPO, Oster, Rubbermaid, NUK, NWL, Rubbermaid Commercial Products, Yankee Candle, Tissue paper

Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.23 per share.

Key Points: 
  • Newell Brands Inc. (NASDAQ: NWL) announced today the declaration of a quarterly cash dividend of $0.23 per share.
  • The dividend is payable December 15, 2022 to common stockholders of record at the close of business on November 30, 2022.
  • Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.
  • This press release and additional information about Newell Brands are available on the companys website, www.newellbrands.com .

Eurazeo Announces Sale of Majority Ownership Position in NEST New York to North Castle Partners Led Investor Group

Retrieved on: 
Monday, November 7, 2022
Banking, Professional Services, Finance, Avalon, Acquisition, Equinox Group, Juice, Terminology, Euronext Paris, Hawk's Nest, New York, Octane Fitness, LLC v. ICON Health & Fitness, Inc., EAS, Growth, Boot camp, Company, Sephora, Pleasure, The Fragrance Foundation, Cascade, EBITDA, Full Swing, Health, Sustainability, Echelon, Hydro massage, Investment, Partnership, Personal care, Person, Multimedia, Awareness, Contigo, CEO, Financial services, Toy, Eurazeo, NEST

Under the terms of the transaction, an investor group led by North Castle Partners (North Castle), a consumer-focused private equity firm, will purchase a majority stake in NEST, with Eurazeo and NEST Founder Laura Slatkin retaining minority ownership positions.

Key Points: 
  • Under the terms of the transaction, an investor group led by North Castle Partners (North Castle), a consumer-focused private equity firm, will purchase a majority stake in NEST, with Eurazeo and NEST Founder Laura Slatkin retaining minority ownership positions.
  • View the full release here: https://www.businesswire.com/news/home/20221107005783/en/
    Eurazeos Brands Division launched in May 2017 and NEST was its debut investment.
  • Under Eurazeos management, NESTs leadership team accelerated product innovation, expanded brand awareness and significantly increased the brands digital penetration.
  • Its an ideal situation for us with Rich Gersten, Beauty Industry Advisor at North Castle Partners, having worked with Laura and NEST in the past.