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ABB Ltd: ABB appoints Morten Wierod to succeed Björn Rosengren as CEO

Retrieved on: 
Wednesday, March 13, 2024

53 Listing Rules of SIX Swiss Exchange

Key Points: 
  • 53 Listing Rules of SIX Swiss Exchange
    The ABB Board of Directors has appointed Morten Wierod as Chief Executive Officer.
  • From August 1, 2024, until the end of the year, Björn Rosengren will advise and assist Morten Wierod and the Executive Committee to ensure a seamless transition.
  • Morten Wierod (52), a Norwegian citizen, has been appointed by the Board following a thorough selection process.
  • Morten Wierod holds a Master's Degree in Electrical Engineering from the Norwegian University of Science and Technology.

Monarch Private Capital Finances the Rehabilitation of Historic Landmark in New Orleans

Retrieved on: 
Monday, February 26, 2024

Monarch Private Capital provided tax credit equity in conjunction with federal historic tax credits associated with the property.

Key Points: 
  • Monarch Private Capital provided tax credit equity in conjunction with federal historic tax credits associated with the property.
  • This historic landmark will be repurposed into two hotel properties, including the illustrious Fairmont New Orleans , commercial space and parking.
  • We are thrilled to be part of this project that will set a new standard of excellence in the heart of New Orleans."
  • For more information on Monarch Private Capital and its impact investment funds, please email Rick Chukas at [email protected] .

EXPEDIA RELEASES A JAZZ FEST HEADLINER'S GUIDE TO MUSIC, CULTURE, AND VIBES IN NEW ORLEANS

Retrieved on: 
Thursday, February 15, 2024

SEATTLE, Feb. 15, 2024 /PRNewswire/ -- Expedia® today kicked off a collaboration with Grammy-winning artist and Jazz Fest headliner Anderson .Paak, creating an exclusive New Orleans travel guide for festivalgoers. Expedia is the Official Travel Partner for the 2024 New Orleans Jazz & Heritage Festival, and .Paak is playing the opening weekend of the 2024 festival with his band, The Free Nationals. The city guide is perfect for music lovers planning their Jazz Fest journeys and showcases .Paak's love of the vibrant city of New Orleans. It is accompanied by a new film, "A Big Jam in New Orleans," which features .Paak and local New Orleans talent.

Key Points: 
  • The city guide is perfect for music lovers planning their Jazz Fest journeys and showcases .Paak's love of the vibrant city of New Orleans.
  • It is accompanied by a new film, " A Big Jam in New Orleans ," which features .Paak and local New Orleans talent.
  • Expedia data shows hotel searches for New Orleans surged following the Jazz Fest lineup announcement on Jan. 18 compared to the previous week, making now the prime time to plan.
  • .Paak's travel tips for navigating New Orleans, created in partnership with Expedia, include must-visit venues, local haunts, and more.

SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity

Retrieved on: 
Wednesday, February 14, 2024

“The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.

Key Points: 
  • “The SBA’s updated Equity Action Plan recognizes the tremendous value that diverse entrepreneurs bring to our economy in terms of job creation, innovation, and domestic and international competition.
  • Some SBA programs utilize a specific definition for underserved communities and/or disadvantaged small businesses as outlined in program statutes and regulations.
  • Improve Access to Disaster Assistance by modernizing technology, streamlining the application process, and increasing support for underserved disaster survivors navigating the application process.
  • The SBA’s regular engagement with the small business community and its stakeholders helped inform the Equity Action Plan .

Peachtree Group Acquires Hilton Garden Inn Denver Tech Center

Retrieved on: 
Tuesday, February 13, 2024

Peachtree Group ("Peachtree") announced the acquisition of the 180-room Hilton Garden Inn Denver Tech Center in Denver, Colo. Peachtree's hospitality management team will operate the property.

Key Points: 
  • Peachtree Group ("Peachtree") announced the acquisition of the 180-room Hilton Garden Inn Denver Tech Center in Denver, Colo. Peachtree's hospitality management team will operate the property.
  • View the full release here: https://www.businesswire.com/news/home/20240213770239/en/
    Peachtree Group ("Peachtree") announced the acquisition of the 180-room Hilton Garden Inn Denver Tech Center in Denver, Colo. (pictured).
  • The area is situated near the intersection of Interstate 25 and Interstate 225, providing direct access to the Denver CBD and Denver International Airport.
  • The Hilton Garden Inn Denver Tech Center marks Peachtree's second hotel in Denver, following its ownership of the Element Denver Park Meadows in Lone Tree.

Geert Follens, Daniel Nodhäll and Michael Rauterkus proposed as new Board members of AB Electrolux

Retrieved on: 
Thursday, January 25, 2024

STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Geert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux on March 27, 2024.

Key Points: 
  • STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Geert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux on March 27, 2024.
  • The Nomination Committee further proposes re-election of Petra Hedengran, Ulla Litzén, Karin Overbeck, David Porter, and Jonas Samuelson, as Board members.
  • The Nomination Committee's proposal means that the Board of Directors shall comprise nine ordinary members elected by the Annual General Meeting, without deputies.
  • Daniel Nodhäll has been Head of Listed Companies and a member of the Executive Leadership Team at Investor AB since 2015 and is also a member of the Board of Husqvarna AB and Electrolux Professional AB.

Geert Follens, Daniel Nodhäll and Michael Rauterkus proposed as new Board members of AB Electrolux

Retrieved on: 
Thursday, January 25, 2024

STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Geert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux on March 27, 2024.

Key Points: 
  • STOCKHOLM, Jan. 25, 2024 /PRNewswire/ -- The Nomination Committee of AB Electrolux proposes election of Geert Follens, Daniel Nodhäll and Michael Rauterkus as new members of the Board of Directors at the Annual General Meeting of AB Electrolux on March 27, 2024.
  • The Nomination Committee further proposes re-election of Petra Hedengran, Ulla Litzén, Karin Overbeck, David Porter, and Jonas Samuelson, as Board members.
  • The Nomination Committee's proposal means that the Board of Directors shall comprise nine ordinary members elected by the Annual General Meeting, without deputies.
  • Daniel Nodhäll has been Head of Listed Companies and a member of the Executive Leadership Team at Investor AB since 2015 and is also a member of the Board of Husqvarna AB and Electrolux Professional AB.

Ericsson announces leadership changes to the Executive Team

Retrieved on: 
Wednesday, January 24, 2024

Börje Ekholm, President and CEO of Ericsson, comments: "I'm very pleased that Niklas has accepted to lead Business Area Global Communications Platform at this pivotal time.

Key Points: 
  • Börje Ekholm, President and CEO of Ericsson, comments: "I'm very pleased that Niklas has accepted to lead Business Area Global Communications Platform at this pivotal time.
  • Mr. Cohen will be a member of Ericsson's Executive Team and report to the CEO.
  • Mr. Cohen has a multifaceted 22-year tenure at Ericsson, brings global expertise in Technology, Business, Operations, and Innovation.
  • Through this platform, Ericsson will be able to monetize 5G in completely new ways by exposing advanced network capabilities to the global developer community.

Ericsson announces leadership changes to the Executive Team

Retrieved on: 
Wednesday, January 24, 2024

Börje Ekholm, President and CEO of Ericsson, comments: "I'm very pleased that Niklas has accepted to lead Business Area Global Communications Platform at this pivotal time.

Key Points: 
  • Börje Ekholm, President and CEO of Ericsson, comments: "I'm very pleased that Niklas has accepted to lead Business Area Global Communications Platform at this pivotal time.
  • Mr. Cohen will be a member of Ericsson's Executive Team and report to the CEO.
  • Mr. Cohen has a multifaceted 22-year tenure at Ericsson, brings global expertise in Technology, Business, Operations, and Innovation.
  • Through this platform, Ericsson will be able to monetize 5G in completely new ways by exposing advanced network capabilities to the global developer community.

Ananta Islam is appointed as new CEO and Region President Americas of Körber Business Area Supply Chain

Retrieved on: 
Tuesday, January 23, 2024

DALLAS, Jan. 23, 2024 /PRNewswire/ -- Ananta Islam is appointed as new CEO and Region President Americas of Körber Business Area Supply Chain located in Dallas, Texas as of January 1, 2024.

Key Points: 
  • DALLAS, Jan. 23, 2024 /PRNewswire/ -- Ananta Islam is appointed as new CEO and Region President Americas of Körber Business Area Supply Chain located in Dallas, Texas as of January 1, 2024.
  • Islam will strengthen Körber's ambitious North America growth strategy for the mail and parcel business and ensure that the Business Area continues to expand its positioning for market leadership.
  • Prior to joining Körber, Ananta Islam held various senior leadership roles in North America.
  • Dirk Hejnal, CEO, Körber Business Area Supply Chain comments: "On behalf of the BA Extended Executive Board, join me in welcoming Ananta and wishing him the best of luck and success in his new role."