Compensation

Citizens Financial Group Announces Appointment of Tracy A. Atkinson to Board of Directors; Edward J. Kelly III to Serve as Lead Independent Director with Retirement of Shivan Subramaniam

Retrieved on: 
Friday, February 16, 2024

Added Van Saun: “I very much look forward to Ned’s continued contributions to Citizens in his expanded role, and I would like to express my deep appreciation to Shivan for his strong counsel and invaluable service since joining our board in 2005 -- a highly successful and transformative period for Citizens.”

Key Points: 
  • Citizens Financial Group, Inc. (NYSE: CFG) today announced the appointment of Tracy A. Atkinson to the company’s Board of Directors, effective March 1, 2024.
  • Atkinson’s appointment will temporarily expand the Citizens Board to 14 directors.
  • “We are pleased to welcome Tracy to our board of directors,” said Chairman and Chief Executive Officer Bruce Van Saun.
  • Subramaniam, who has served on the Board since 2005, has reached the mandatory retirement age under the company’s Corporate Governance Guidelines.

eClinical Solutions Highlights Notable Year of Growth Supporting Biopharma's Complex Data Demands

Retrieved on: 
Thursday, February 15, 2024

eClinical Solutions was recognized as a leader in the inaugural Life Sciences Clinical Data and Analytics Platforms PEAK Matrix® Assessment 2023 , ranking highest among all 14 listed platform providers in vision & capability, which measures ability to deliver product successfully.

Key Points: 
  • eClinical Solutions was recognized as a leader in the inaugural Life Sciences Clinical Data and Analytics Platforms PEAK Matrix® Assessment 2023 , ranking highest among all 14 listed platform providers in vision & capability, which measures ability to deliver product successfully.
  • The honor underscores eClinical’s achievement in creating and leading the data infrastructure and analytics industry category.
  • “The past year affirmed our commitment to client excellence, innovation, and cycle time efficiency through AI-powered data products and biometrics services.
  • “Our growth is not only about extending our reach, but also deepening the impact, value and ROI we deliver.

Bill Rhodes Appointed to the Regions Financial Corp. and Regions Bank Boards of Directors

Retrieved on: 
Wednesday, February 14, 2024

Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank .

Key Points: 
  • Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank .
  • View the full release here: https://www.businesswire.com/news/home/20240214184975/en/
    Regions Financial Corp. (NYSE:RF) on Wednesday announced former AutoZone President and CEO Bill Rhodes has been appointed to serve on the boards of Regions Financial Corp. and its subsidiary, Regions Bank.
  • And he’s never lost sight of the crucial importance of consistently creating positive customer experiences,” said Charles McCrary, Chair of the Regions Financial Corp. and Regions Bank Boards.
  • Upon joining the Regions Boards, Rhodes will serve on the Audit Committee and the Compensation and Human Resources Committee.

F.N.B. Corporation Adds National Recognition as a Top Employer for Hispanic and Black Communities

Retrieved on: 
Monday, February 12, 2024

PITTSBURGH, Feb. 12, 2024 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) today announced that DiversityComm, a national news organization with a mission to create a more inclusive and equitable world, has named FNB a Top Hispanic Employer and a Top Black Employer for the second consecutive year. These recognitions build on the multiple awards FNB earned in 2023 specifically for its outstanding workplace culture and commitment to diversity and inclusion.

Key Points: 
  • Corporation (NYSE: FNB) today announced that DiversityComm, a national news organization with a mission to create a more inclusive and equitable world, has named FNB a Top Hispanic Employer and a Top Black Employer for the second consecutive year.
  • These recognitions build on the multiple awards FNB earned in 2023 specifically for its outstanding workplace culture and commitment to diversity and inclusion .
  • Corporation and First National Bank.
  • "Our focus on building a strong, diverse workforce translates to superior performance and, ultimately, benefits our clients and the communities we serve."

PEOPLES BANCORP INC. ANNOUNCES DIRECTOR RETIREMENTS

Retrieved on: 
Friday, February 9, 2024

MARIETTA, Ohio, Feb. 9, 2024 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced that Tara M. Abraham and James S. Huggins plan to retire from the Board of Directors ("Board") of Peoples and the Board of Directors of Peoples' banking subsidiary, Peoples Bank, effective when their current terms end on April 25, 2024.

Key Points: 
  • MARIETTA, Ohio, Feb. 9, 2024 /PRNewswire/ -- Peoples Bancorp Inc. ("Peoples") (NASDAQ: PEBO) today announced that Tara M. Abraham and James S. Huggins plan to retire from the Board of Directors ("Board") of Peoples and the Board of Directors of Peoples' banking subsidiary, Peoples Bank, effective when their current terms end on April 25, 2024.
  • Ms. Abraham and Mr. Huggins have each served on the Boards of Directors of Peoples and Peoples Bank since 2012.
  • Ms. Abraham is a member of the Compensation, Governance and Nominating, and Risk Committees of the Board.
  • Peoples is a member of the Russell 3000 index of U.S. publicly-traded companies.

EVI Industries Reports Record Second Quarter Results

Retrieved on: 
Friday, February 9, 2024

EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows.

Key Points: 
  • EVI Industries, Inc. (NYSE American: EVI) (“EVI” or the “Company”) announced today results for the three- and six-month periods ended December 31, 2023, including record revenue, gross profit, and operating cash flows.
  • The Company also provided commentary on its results of operations, financial strength, growth initiatives, and the status of its technology investments.
  • This record level of operating cash flows follows the payment of a special cash dividend on the Company’s common stock of $0.28 per share, or $4.1 million in the aggregate, paid during the second fiscal quarter.
  • In this press release, EVI discloses the non-GAAP financial measure of EBITDA, which EVI defines as earnings before interest, taxes, depreciation, amortization, and amortization of share-based compensation.

Canopy Growth Reports Third Quarter Fiscal Year 2024 Financial Results; Achieves Third Quarter of Sequential Revenue Growth across Canada Cannabis Businesses and a Record Quarter for Medical Sales

Retrieved on: 
Friday, February 9, 2024

See "Non-GAAP Measures" and Schedule 4 for a reconciliation of net revenue to adjusted gross margin.

Key Points: 
  • See "Non-GAAP Measures" and Schedule 4 for a reconciliation of net revenue to adjusted gross margin.
  • See "Non-GAAP Measures" and Schedule 6 for a reconciliation of net cash used in operating activities to free cash flow.
  • 6 In Q3 FY2024, we are reporting our financial results for the following four reportable segments: (i) Canada cannabis; (ii) rest-of-world cannabis; (iii) Storz & Bickel; and (iv)
    This Works.
  • Information regarding segment net revenue and segment gross margin for the comparative periods has been restated to reflect the aforementioned change in reportable segments.

Browning West Urges Gildan Activewear’s Board of Directors to Promptly Answer Questions Related to Apparent Diligence Failures During Its CEO Search

Retrieved on: 
Thursday, February 8, 2024

As part of standard due diligence, Browning West conducts thorough research pertaining to the track records of CEOs of our portfolio companies.

Key Points: 
  • As part of standard due diligence, Browning West conducts thorough research pertaining to the track records of CEOs of our portfolio companies.
  • Our research related to Mr. Tyra has revealed a clear track record of value destruction.
  • Unfortunately, we have yet to hear back from Ms. Cunningham, despite the fact that this committee is directly responsible for CEO succession.
  • How much did the Board compensate its “renowned governance expert” to author the favorable Governance Report for the Board?

BlackBerry Appoints Philip Brace to its Board of Directors

Retrieved on: 
Thursday, February 8, 2024

WATERLOO, ON, Feb. 8, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it has appointed IoT technology veteran Philip Brace to its board of directors, effective February 8, 2024.  Mr. Brace will serve as a member of the Compensation, Nomination and Governance Committee of the Board. 

Key Points: 
  • WATERLOO, ON, Feb. 8, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) announced today that it has appointed IoT technology veteran Philip Brace to its board of directors, effective February 8, 2024.
  • "We are delighted to welcome Phil to the BlackBerry board," said Dick Lynch, Board Chair.
  • Mr. Brace added, "I'm excited to join the BlackBerry Board of Directors at such a pivotal time in the Company's history.
  • Following the appointment of Mr. Brace and the resignation of Mr. Watsa, the Board will have 7 members, 6 of whom are independent directors.

Hitachi Recognized as 'A List' on Climate Change for the Third Consecutive Year

Retrieved on: 
Thursday, February 8, 2024

This is the third consecutive year that Hitachi has been selected for the A List in the areas of Climate Change.

Key Points: 
  • This is the third consecutive year that Hitachi has been selected for the A List in the areas of Climate Change.
  • Hitachi has established long-term environmental targets in its Hitachi Environmental Innovation 2050.
  • Additionally, to promote sustainable management, Hitachi amended its executive compensation system*, expanding the ratio of sustainability evaluation in the compensation.
  • *News Release on April 25, 2023 "Hitachi Amends Executive Compensation System, Further Strengthening Links Between Corporate Value and Compensation" www.hitachi.com/New/cnews/month/2023/04/230425b.html