CORT

CORT Appoints Lee Lorenzen to VP of Corporate Business Development

Retrieved on: 
Thursday, December 7, 2023

CORT, the nation’s leading provider of furniture rental and destination services, today announced the appointment of Lee Lorenzen to the role of vice president of corporate business development.

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and destination services, today announced the appointment of Lee Lorenzen to the role of vice president of corporate business development.
  • He will oversee CORT’s Destination Services Organization, Student Housing Division, Global Sales team, and the CORT Global Network.
  • “Lee’s demonstrated track record of operational experience, leadership development, and strategic growth campaigns will significantly influence our business development opportunities moving forward,” Jeff Rowe, executive vice president of business development at CORT, said.
  • Prior to that, he was the district general manager for CORT in Los Angeles.

CORT’s Allison Ballard Assumes New Role as Vice President of Strategy, Workplace

Retrieved on: 
Tuesday, December 5, 2023

CORT, the nation’s leading provider of furniture rental and destination services, appoints longtime CORT executive Allison Ballard to the newly created role of vice president of strategy overseeing the company’s workplace division.

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and destination services, appoints longtime CORT executive Allison Ballard to the newly created role of vice president of strategy overseeing the company’s workplace division.
  • The move is part of CORT’s ongoing strategy to provide the exceptional customer service that has made CORT the top furniture rental provider for flexible workplace solutions.
  • “As the economy and market conditions improve, we are strongly positioned to strategically grow our business and there’s no one better than Allison to lead our efforts,” Jeff Rowe, executive vice president of business development at CORT, said.
  • In her new role, Ballard will lead the strategic growth of flexible workplace solutions that enable CORT’s customers to optimize their workplace, enhance their employee experience, and improve their operational efficiency.

Corcept Therapeutics Announces Third Quarter Financial Results and Provides Corporate Update

Retrieved on: 
Wednesday, November 1, 2023

We are raising our 2023 revenue guidance again, to $470 - $480 million,” said Joseph K. Belanoff, MD, Corcept’s Chief Executive Officer.

Key Points: 
  • We are raising our 2023 revenue guidance again, to $470 - $480 million,” said Joseph K. Belanoff, MD, Corcept’s Chief Executive Officer.
  • Corcept’s third quarter 2023 revenue was $123.6 million, compared to $101.7 million in the third quarter of 2022.
  • Net income was $31.4 million in the third quarter of 2023 compared to $34.6 million in the same period last year.
  • Cash and investments were $414.8 million at September 30, 2023 compared to $363.3 million at the end of the prior quarter.

Corcept Appoints Monica Tellado as President, Emerging Markets

Retrieved on: 
Wednesday, November 1, 2023

At Corcept, Ms. Tellado will serve as the global commercial lead for therapeutics in metabolism and neurology.

Key Points: 
  • At Corcept, Ms. Tellado will serve as the global commercial lead for therapeutics in metabolism and neurology.
  • “We are thrilled to welcome Monica to Corcept,” said Dr. Belanoff.
  • “Corcept is a truly innovative company with a collaborative approach to unlocking the potential of cortisol modulation.
  • I’m delighted to join the organization at such an exciting time in its evolution,” said Ms. Tellado.

CORT Announces Appointment of Sean Reddan, Senior Vice President of Finance

Retrieved on: 
Wednesday, November 1, 2023

CORT, the nation’s leading provider of furniture rental and destination services, today announced the addition of Sean Reddan to its executive leadership team as senior vice president of finance, bringing over 20 years of experience in media, financial services, and telecommunications.

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and destination services, today announced the addition of Sean Reddan to its executive leadership team as senior vice president of finance, bringing over 20 years of experience in media, financial services, and telecommunications.
  • “With a proven track record of success in financial leadership, Sean is an excellent addition to our high-performing and growth-oriented team,” said Debbie Lansford, chief financial officer at CORT.
  • Additionally, he held leadership roles at American Express and was responsible for overseeing investment optimization through capital budgeting, process reengineering, and business development finance.
  • “As someone passionate about building and leading high-performing finance teams, I’m eager to join an organization like CORT that matches these values and is dedicated to delivering superior value to our customers,” Sean said.

Corcept Initiates MONARCH – A Phase 2b Trial in Non-Alcoholic Steatohepatitis (NASH)

Retrieved on: 
Thursday, October 26, 2023

MONARCH is a 150-patient, randomized, double-blind, placebo-controlled study evaluating the efficacy and safety of miricorilant in adult patients with biopsy-confirmed NASH.

Key Points: 
  • MONARCH is a 150-patient, randomized, double-blind, placebo-controlled study evaluating the efficacy and safety of miricorilant in adult patients with biopsy-confirmed NASH.
  • Patients will receive either 100 mg of miricorilant or placebo orally twice weekly for 48 weeks.
  • The primary endpoint is reduction in liver fat, with NASH resolution and fibrosis improvement as key secondary endpoints.
  • We look forward to sharing more details about MONARCH at the upcoming AASLD conference,” says Bill Guyer, PharmD, Corcept’s Chief Development Officer.

Corcept Therapeutics to Announce Third Quarter Financial Results, Provide Corporate Update and Host Conference Call

Retrieved on: 
Wednesday, October 25, 2023

MENLO PARK, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT) today announced it will report third quarter financial results and provide a corporate update on November 1, 2023.

Key Points: 
  • MENLO PARK, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Corcept Therapeutics Incorporated (NASDAQ: CORT) today announced it will report third quarter financial results and provide a corporate update on November 1, 2023.
  • The company will also host a conference call that day at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time).
  • Participants must register in advance of the conference call by clicking here .
  • Upon registering, each participant will receive a dial-in number, and a unique access PIN.

CORT Earns Altair Humanitarian Commitment Award

Retrieved on: 
Wednesday, October 25, 2023

CORT, the nation’s leading provider of furniture rental and destination services, received the 2023 Super Star Award for Humanitarian Commitment from Altair Global for the company’s exceptional efforts in addressing global challenges and promoting human dignity through impactful programs and practices that benefit marginalized communities.

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and destination services, received the 2023 Super Star Award for Humanitarian Commitment from Altair Global for the company’s exceptional efforts in addressing global challenges and promoting human dignity through impactful programs and practices that benefit marginalized communities.
  • “We're deeply honored to receive the Altair Humanitarian Commitment Award, recognizing our unwavering dedication to helping those in need,” said Melissa Arciga, director of global partnerships at CORT.
  • The Altair Supplier Partner Awards acknowledge Altair’s suppliers' outstanding achievements within their respective fields of expertise and their partnership with Altair.
  • CORT was presented the award at the 2023 Altair Global Supplier Partner Awards Event in Boston, Massachusetts.

CORT Destination Services Honored With Cartus Award for Commitment to Excellent Customer Service

Retrieved on: 
Wednesday, October 18, 2023

CORT, the nation’s leading provider of furniture rental and transition services, today announced CORT Destination Services’ earned recognition from talent mobility leader, Cartus, with Top Level, Commitment to Excellence Gold Award.

Key Points: 
  • CORT, the nation’s leading provider of furniture rental and transition services, today announced CORT Destination Services’ earned recognition from talent mobility leader, Cartus, with Top Level, Commitment to Excellence Gold Award.
  • The award recognizes companies in the relocation industry that go above and beyond for customers through exceptional service.
  • “When serving our Cartus clients and customers, CORT Destination Services demonstrates the highest caliber of service excellence every day.
  • Congratulations on a well-deserved win.”
    The Cartus Global Network is Cartus’ industry-leading worldwide service provider network, and each year, Cartus honors network members who have stood out in their service to clients.

Ecoteq Energy ASA : Shareholders update October 20 2023

Retrieved on: 
Friday, October 20, 2023

We are in negotiations with local and adjacent-state companies for offtake agreements for both bitumen and sand.

Key Points: 
  • We are in negotiations with local and adjacent-state companies for offtake agreements for both bitumen and sand.
  • Ecoteq owns the working interest for bitumen production on 800 acres of land in Utah's Vernal West project.
  • We are in discussions with existing shareholders and potential new investors to secure long-term funding for the company.
  • The estimated capital expenditure for our initial 500 barrel per day facility is USD 20 Million, which can be financed through a combination of equity and debt.