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Ares Capital Corporation Appoints Scott Lem as Chief Financial Officer

Retrieved on: 
Thursday, November 9, 2023
Asset Management, Professional Services, Finance, BBX Capital Corporation, Ares Management, Ares, MBA, Ernst & Young, Ernst, Growth, Business administration, Partnership, Business, Marshall School, University of Southern California, Virtual CFO, Arthur Andersen, UCLA, CFO, Anderson School of Management, University, USC Marshall School of Business, Management

Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that Ares Capital’s Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024.

Key Points: 
  • Ares Capital Corporation (“Ares Capital”) (NASDAQ: ARCC) announced today that Ares Capital’s Chief Accounting Officer, Vice President and Treasurer, Scott Lem, has been appointed as its new Chief Financial Officer, effective February 15, 2024.
  • Mr. Lem succeeds Penni Roll, who plans to step down as Ares Capital’s Chief Financial Officer, effective the same date.
  • Roll, who also serves as the Chief Financial Officer of Ares Management Corporation’s (“Ares”) Credit Group, will remain an officer of Ares Capital and at Ares in a senior leadership capacity.
  • Since joining Ares in 2003, Mr. Lem has served in a number of senior finance and accounting roles, both at Ares Capital and in the Ares Credit Group.

Assured Guaranty Announces New Senior Management Positions

Retrieved on: 
Tuesday, November 7, 2023
Finance, Accounting, Professional Services, Asset Management, Insurance, Assured Investment Management, IPO, Investment management, Sarbanes–Oxley Act, Treasury, NYSE, AGM, Disclosure, Acquisition, Ernst & Young, Ernst, Senior, AGO, CFO, Information technology, Corporate communication, Assurance, AG, Management

Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty or the Company) announced that, as of January 1, 2024, Chief Financial Officer Robert A. Bailenson will be appointed Chief Operating Officer, and Chief Actuary Benjamin G. Rosenblum will succeed him as Chief Financial Officer.

Key Points: 
  • Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty or the Company) announced that, as of January 1, 2024, Chief Financial Officer Robert A. Bailenson will be appointed Chief Operating Officer, and Chief Actuary Benjamin G. Rosenblum will succeed him as Chief Financial Officer.
  • “Assured Guaranty has a deep, highly experienced, and well-established senior management team, and these promotions further reinforce the core of Assured Guaranty’s steady leadership,” said Dominic J. Frederico, President and Chief Executive Officer.
  • He has been Chief Financial Officer of Assured Guaranty Ltd. since June 2011 and held a number of previous leadership positions with Assured Guaranty and its predecessor companies.
  • Most recently, he was instrumental in completing the transaction that resulted in the combination of Assured Investment Management with Sound Point Capital Management.

ACM Research Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
3D, Research, Sale, Auditor, Policy, RMB, Ernst, PIN, SSEC, E&Y, Telephone, GAAP, Purchase order, Bank statement, ULTRA, ECP, Ernst & Young, Forecasting, ACM, Investment, Bank, Video game, Music

Total shipments in the third quarter of 2023 were $213 million, up 31% from the third quarter of 2022.

Key Points: 
  • Total shipments in the third quarter of 2023 were $213 million, up 31% from the third quarter of 2022.
  • ACM’s principal operating subsidiary, ACM Research (Shanghai), Inc. (“ACM Shanghai”) (SSEC: 688082.SS), paid a dividend to its stockholders of RMB 0.372 per share for an aggregate total of approximately RMB 161.3 million (approximately $22.2 million) in the third quarter of 2023.
  • Unless otherwise noted, the following figures refer to the third quarter of 2023 and comparisons are with the third quarter of 2022.
  • ACM also believes it is in the best interests of investors for ACM to provide this non-GAAP information.

Oatey Co. Appoints Logan Weiland as Senior Vice President, Chief Financial Officer

Retrieved on: 
Tuesday, November 7, 2023
Engineering, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Machinery, Master of Accountancy, Heidelberg University, Treasury, Acquisition, Multimedia, Ernst, Senior, Risk management, Miami University, Ernst & Young, Accounting, Management, Finance, Science, Jack Oatey

Oatey Co., a leading manufacturer in the plumbing industry since 1916, today announced that Logan Weiland has joined the organization as Senior Vice President, Chief Financial Officer.

Key Points: 
  • Oatey Co., a leading manufacturer in the plumbing industry since 1916, today announced that Logan Weiland has joined the organization as Senior Vice President, Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20231107157963/en/
    Oatey Co., a leading manufacturer in the plumbing industry since 1916, today announced that Logan Weiland has joined the organization as Senior Vice President, Chief Financial Officer.
  • (Photo: Oatey)
    Weiland comes to Oatey with more than a decade of experience in public accounting at Ernst & Young, where he most recently served as Assurance Senior Manager.
  • As Chief Financial Officer at Oatey, Weiland is responsible for all accounting and finance; FP&A; treasury; risk management; and mergers and acquisition activities.

The Arch Award Presented by The Piedmont Bank Honors Three Former UGA Athletes for Their Business Success Following Stellar Collegiate Careers

Retrieved on: 
Monday, November 6, 2023
Sport, Piedmont, Waffle House, Medial knee injuries, Swimming, Sanford Stadium, Manager, Sanford, Athlete, Colquitt County High School, Ernst, Student, Partnership, University, WAI, University of Georgia, Football, NCAA, UGA, Basketball, Mental health, Management, Nursing, Athletics, Atlanta

In its third year, The Piedmont Bank’s Arch Award showcases the continued achievements of former bulldogs who’ve parlayed their academic and sports experience and applied them successfully to their professional careers.

Key Points: 
  • In its third year, The Piedmont Bank’s Arch Award showcases the continued achievements of former bulldogs who’ve parlayed their academic and sports experience and applied them successfully to their professional careers.
  • This year’s honorees include:
    Samantha Arsenault Livingstone is an Olympic Gold Medalist, Performance Consultant, keynote speaker and mental health advocate.
  • “We are thrilled to continue our partnership with The Piedmont Bank in recognizing former student-athletes who have excelled in their professional endeavors.
  • The Arch Award presented by The Piedmont Bank enables their stories to be shared with the UGA community and brings attention to their exemplary post athletic success.

Automata Technologies: Joe Stringer appointed Executive Chairman & Director of Corporate Development (EMEA)

Retrieved on: 
Monday, November 6, 2023
Biotechnology, Technology, Manufacturing, Health, Pharmaceutical, Robotics, Research, Engineering, Science, Machinery, Electronic Design Automation, The Royal Marsden NHS Foundation Trust, Francis Crick Institute, Octopus Group, Investment, Drug development, Ernst, NHS, Growth, Google Health, Ernst & Young, Royal Marsden Hospital, Corporate development, Holland & Barrett, Patient, Automation, Management, Pharmaceutical industry, Automaton

Automata Technologies (‘Automata’ or the ‘Company’), a leading automation company powering life sciences labs, has appointed Joe Stringer Executive Chairman and Director of Corporate Development for the UK and EMEA.

Key Points: 
  • Automata Technologies (‘Automata’ or the ‘Company’), a leading automation company powering life sciences labs, has appointed Joe Stringer Executive Chairman and Director of Corporate Development for the UK and EMEA.
  • Joe joins Automata from Octopus Ventures where he was most recently Head of Healthtech Investments.
  • Through his role at Octopus Ventures, Joe has been involved with Automata since January 2022 as an investor and Investor Director, and remains on the Board of Directors.
  • Mostafa Elsayed, Founder and CEO of Automata, commented:
    "It is great to welcome Joe to the Automata family full-time.

OmniAb Appoints Steve Love to its Board of Directors

Retrieved on: 
Wednesday, November 1, 2023
Biotechnology, Health, Genetics, Pharmaceutical, Health Technology, Chairperson, Certified Public Accountant, Therapy, Ernst & Young, Ernst, University, Machine learning, Management, Accounting

OmniAb, Inc. (NASDAQ: OABI) today announced the appointment of Steve Love to its Board of Directors.

Key Points: 
  • OmniAb, Inc. (NASDAQ: OABI) today announced the appointment of Steve Love to its Board of Directors.
  • Mr. Love has more than 30 years of financial experience including more than 13 years serving in Chief Financial Officer positions, and will serve on OmniAb’s Audit Committee as Chair.
  • With this appointment the OmniAb Board returns to seven directors, including five independent directors.
  • “We are delighted Steve has agreed to join the OmniAb Board of Directors and extend a warm welcome,” stated John Higgins, OmniAb Board Chair.

Abacus Insights Appoints New Independent Board Director

Retrieved on: 
Tuesday, October 31, 2023
Professional Services, Health, Health Technology, Insurance, Health Insurance, General Health, Knowledge, TCO, Goldman Sachs, MacIvor, Medicare, HITRUST, Abacus, MD, Oxford Health Plans, Managed care, Ernst, Trustee, Fellowship hall, Insight, Health care, Management, Young, UnitedHealth Group

Abacus Insights , the leader in data usability for U.S. healthcare payers, is pleased to announce that it has added William McIvor to its board of directors.

Key Points: 
  • Abacus Insights , the leader in data usability for U.S. healthcare payers, is pleased to announce that it has added William McIvor to its board of directors.
  • “Bill’s operational and strategic leadership at the innovative intersection of payers, providers and technology brings a wealth of knowledge and know-how to Abacus Insights’ mission of improving healthcare by making data usable,” said Minal Patel, MD, founder and CEO of Abacus Insights.
  • Abacus Insights’ data usability solutions dramatically increase our payer partners' ability to dynamically and responsively meet strategic goals,” McIvor said.
  • He will be Abacus Insights’ first independent director.

Sensata Announces New Chief Financial Officer

Retrieved on: 
Tuesday, October 31, 2023
Technology, Finance, Engineering, Other Technology, Professional Services, Software, Manufacturing, Networks, Hardware, Data Management, Certified Public Accountant, NYSE, Publicis, Telephone, Conference, Acquisition, Multimedia, Ernst, Marketing, Webcast, Ernst & Young, CFO, Therapy, Audit committee, Cryptocurrency, Management, Science, Boston College, Accounting

Brian will assume leadership and oversight of all global financial activities of Sensata.

Key Points: 
  • Brian will assume leadership and oversight of all global financial activities of Sensata.
  • View the full release here: https://www.businesswire.com/news/home/20231031723327/en/
    Brian will succeed Sensata’s current Chief Financial Officer, Paul Vasington, who has decided to retire from the Company.
  • “I am excited to welcome Brian to Team Sensata,” said Jeff Cote, Chief Executive Officer and President.
  • Most recently, Brian was the Chief Executive Officer of Tarveda Therapeutics, a private venture backed oncology company, which he joined initially as CFO in 2018.

Business Information Market to grow by USD 80.42 billion from 2022 to 2027; Growth Driven by adapting enterprise business strategies to changing customer preferences- Technavio

Retrieved on: 
Friday, October 27, 2023
RELX, PwC, Theft, Moody's Corporation, FactSet, Person, Corporation, Certification, BPA, Organization, Refinitiv, Geography, Social, Ernst, B2B, Wolters Kluwer, Marketing, Informa, Analysis, Experian, Bloomberg, ISO 9001:2015, Health, USD, Social Security, CQG, ISO, News Corp, BFSI, Retail, Speciality chemicals, Equifax

The potential growth difference for the business information market from 2022 to 2027 is USD 80.42 billion.

Key Points: 
  • The potential growth difference for the business information market from 2022 to 2027 is USD 80.42 billion.
  • Adapting enterprise business strategies to changing customer preferences is a key factor driving market growth.
  • Businesses in every industry operate in a dynamic business environment and must be aware of changes in customer behavior, preferences, and demographics.
  • The business process automation (BPA) market size is estimated to grow at a CAGR of 14.47% between 2022 and 2027.