President's Management Advisory Board

RingCentral Announces Return of Vlad Shmunis as CEO

Retrieved on: 
Monday, December 11, 2023

Vlad Shmunis, RingCentral’s founder and Executive Chairman of the Board, has returned to his full-time role as Chief Executive Officer.

Key Points: 
  • Vlad Shmunis, RingCentral’s founder and Executive Chairman of the Board, has returned to his full-time role as Chief Executive Officer.
  • Shmunis will remain Chairman of the Board.
  • As RingCentral’s founder and long-term CEO, Vlad has overseen the Company’s growth from inception to a leading SaaS provider with over $2.2 billion in revenue.
  • We are confident that he will be effective in his return as CEO and will continue delivering for all our stakeholders.

ONCOURSE HOME SOLUTIONS ANNOUNCES FORMATION OF ADVISORY BOARD

Retrieved on: 
Monday, November 27, 2023

NAPERVILLE, Ill., Nov. 27, 2023 /PRNewswire/ -- Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty solutions, announced today the formation of its very first advisory board.

Key Points: 
  • NAPERVILLE, Ill., Nov. 27, 2023 /PRNewswire/ -- Oncourse Home Solutions (OHS), a leader in providing trusted and affordable home warranty solutions, announced today the formation of its very first advisory board.
  • "I know first-hand how valuable an advisory board can be when it comes to providing insights, perspective and opinions on strategy, operations and overall performance," said Aaron Cooper, CEO of Oncourse Home Solutions.
  • "Our newly formed advisory board will help us further develop successful partnerships with cities and utilities grounded in our best-in-class partner and customer experience."
  • For more information on Oncourse Home Solutions, its offerings, and updates, please visit: OncourseHome.com .

Marc Jourlait Joins Cathay Capital as Operating Partner and Innovative Motion Technologies Executive Chairman

Retrieved on: 
Wednesday, October 25, 2023

NEW YORK, Oct. 25, 2023 /PRNewswire/ -- Cathay Capital Private Equity, a leading international investment firm, today announced the appointment of Marc Jourlait as Operating Partner of Cathay Capital and Executive Chairman of Cathay portfolio company Innovative Motion Technologies (IMT),  a Germantown, Wisconsin-based industrial technology platform specializing in interface and control solutions serving a variety of end markets and sales channels.

Key Points: 
  • NEW YORK, Oct. 25, 2023 /PRNewswire/ -- Cathay Capital Private Equity , a leading international investment firm, today announced the appointment of Marc Jourlait as Operating Partner of Cathay Capital and Executive Chairman of Cathay portfolio company Innovative Motion Technologies (IMT),  a Germantown, Wisconsin-based industrial technology platform specializing in interface and control solutions serving a variety of end markets and sales channels.
  • Jourlait joins the company as it continues its growth trajectory in capturing market share in the motion technology and interface solutions sector.
  • Marc is an accomplished and seasoned operating executive with a world-class approach to the private equity operating partner role.
  • He serves as operating partner, board member and Chairman for portfolio companies of the Riverside Company and Oaktree Capital Management.

ISOENERGY AND CONSOLIDATED URANIUM ANNOUNCE MERGER TO CREATE A LEADING, DIVERSIFIED URANIUM COMPANY, FOCUSED ON THE WORLD'S TOP URANIUM JURISDICTIONS

Retrieved on: 
Wednesday, September 27, 2023

Under the terms of the Merger, Consolidated Uranium shareholders (the "Consolidated Uranium Shareholders") will receive 0.500 of a common share of IsoEnergy (each whole share, an "IsoEnergy Share") for each CUR Share held (the "Exchange Ratio").

Key Points: 
  • Under the terms of the Merger, Consolidated Uranium shareholders (the "Consolidated Uranium Shareholders") will receive 0.500 of a common share of IsoEnergy (each whole share, an "IsoEnergy Share") for each CUR Share held (the "Exchange Ratio").
  • Chairman and CEO of Consolidated Uranium, Philip Williams, commented:
    "There is a great deal of common ground between IsoEnergy and Consolidated Uranium.
  • The Consolidated Uranium board of directors (the "Consolidated Uranium Board") appointed a special committee (the "Consolidated Uranium Special Committee") to consider and make a recommendation to the Consolidated Uranium Board with respect to the Arrangement.
  • Accordingly, the Consolidated Uranium Board unanimously recommends that Consolidated Uranium Shareholders vote in favour of the resolution (the "Arrangement Resolution") to approve the Arrangement.

IsoEnergy and Consolidated Uranium Announce Merger to Create a Leading, Diversified Uranium Company, Focused on the World’s Top Uranium Jurisdictions

Retrieved on: 
Wednesday, September 27, 2023

Under the terms of the Merger, Consolidated Uranium shareholders (the “Consolidated Uranium Shareholders”) will receive 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held (the “Exchange Ratio”).

Key Points: 
  • Under the terms of the Merger, Consolidated Uranium shareholders (the “Consolidated Uranium Shareholders”) will receive 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held (the “Exchange Ratio”).
  • The Consolidated Uranium board of directors (the “Consolidated Uranium Board”) appointed a special committee (the “Consolidated Uranium Special Committee”) to consider and make a recommendation to the Consolidated Uranium Board with respect to the Arrangement.
  • Accordingly, the Consolidated Uranium Board unanimously recommends that Consolidated Uranium Shareholders vote in favour of the resolution (the “Arrangement Resolution”) to approve the Arrangement.
  • Full details of the Merger will also be included in the Consolidated Uranium Circular which will be available under Consolidated Uranium’s SEDAR+ profile.

Tayloe Stansbury Joins FICO’s Board of Directors

Retrieved on: 
Thursday, August 24, 2023

Global analytics software firm FICO (NYSE: FICO) today announced that Tayloe Stansbury has joined its Board of Directors.

Key Points: 
  • Global analytics software firm FICO (NYSE: FICO) today announced that Tayloe Stansbury has joined its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20230824658331/en/
    “We are excited to welcome Tayloe to the Board as a trusted advisor to FICO.
  • During the past five years, Stansbury served on the board of directors of public companies TCV Acquisition Corp., Coupa Software Incorporated, and Shutterfly, Inc.
  • He also currently serves on the board of directors of private companies Watermark Insights, LLC and Kaleidescape, Inc.

Valvoline Announces CEO Succession Plan

Retrieved on: 
Wednesday, August 9, 2023

LEXINGTON, Ky., Aug. 9, 2023 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), a trusted leader in preventive automotive maintenance delivering quick and convenient service, today announced that Sam Mitchell is retiring as Chief Executive Officer and a member of the Board of Directors, effective September 30, 2023. Mitchell will be succeeded by Lori Flees, current President of Retail Services, as the Company's Chief Executive Officer. Flees will also join the Company's Board.

Key Points: 
  • Rich Freeland, Chairman of the Valvoline Board of Directors, said, "On behalf of the Board, I want to thank Sam for his leadership of Valvoline for the last 21 years.
  • Today Valvoline is the leader in preventive automotive maintenance, and it is from this position of strength that the Board has accepted Sam's retirement decision."
  • Her substantial retail and leadership experience uniquely qualify her to lead Valvoline as it continues to deliver best-in-class retail automotive services.
  • "It is an honor and a privilege to be named the next CEO of Valvoline," said Flees.

LiveWire Group, Inc. Appoints Karim Donnez as CEO

Retrieved on: 
Monday, June 5, 2023

LiveWire Group, Inc. (“LiveWire”) (NYSE: LVWR), today announced the appointment of Karim Donnez as Chief Executive Officer (“CEO”), effective June 12, 2023.

Key Points: 
  • LiveWire Group, Inc. (“LiveWire”) (NYSE: LVWR), today announced the appointment of Karim Donnez as Chief Executive Officer (“CEO”), effective June 12, 2023.
  • Donnez will succeed current CEO Jochen Zeitz who, having served as CEO for an agreed period, will remain as Chairman of LiveWire Group, Inc.
    Jochen Zeitz, Chairman and CEO, LiveWire, and Chairman, President, and CEO of Harley-Davidson, said: “Having successfully stood-up LiveWire as a brand and listed the Company on the NYSE, I’m excited to pass the baton to Karim and to welcome him as LiveWire’s new CEO, following an extensive global search process.
  • Karim is an entrepreneurial business leader with a demonstrable track record of driving transformational growth through both strategy development and implementation.
  • Donnez holds an MSc in Engineering from Arts et Métiers ParisTech and an MBA from HEC Montréal.

Masimo Board of Directors Sets the Record Straight on False and Misleading Claims

Retrieved on: 
Thursday, June 1, 2023

The Masimo Corporation (“Masimo” or the “Company”) (Nasdaq: MASI) Board of Directors today issued a letter to stockholders to set the record straight on the many highly misleading and inaccurate claims recently published by Politan Capital Management (“Politan”).

Key Points: 
  • The Masimo Corporation (“Masimo” or the “Company”) (Nasdaq: MASI) Board of Directors today issued a letter to stockholders to set the record straight on the many highly misleading and inaccurate claims recently published by Politan Capital Management (“Politan”).
  • If shareholders approve the expansion of the Board, we will consider Ms. Brennan along with the other Board candidates and add the two best to Masimo’s Board.
  • On the other hand, Mr. Koffey is totally unqualified for the board of any medical technology company, much less Masimo’s Board.
  • Mr. Koffey has not demonstrated the trustworthy and principled behavior that Masimo shareholders should expect from their Board members.

ERYTECH Provides Business and Financial Update for the First Quarter of 2023

Retrieved on: 
Tuesday, May 9, 2023

Lyon (France) and Cambridge (MA, US), May 9, 2023 – ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, today provided a business and financial update for the first quarter of 2023.

Key Points: 
  • Lyon (France) and Cambridge (MA, US), May 9, 2023 – ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, today provided a business and financial update for the first quarter of 2023.
  • This transaction is the result of the extensive strategic review process announced by ERYTECH on several occasions since November 2021.
  • Note that ERYTECH is not aware of any further acquisitions of ERYTECH shares completed by Akkadian.
  • As of March 31, 2023, ERYTECH had cash and cash equivalents totaling €30.5 million (approximately $33.7 million), compared with €38.8 million as of December 31, 2022.