City of London Finance Committee

John O'Leary will join Portland General Electric board of directors, effective January 1, 2024

Retrieved on: 
Friday, October 20, 2023
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Portland, Ore., Oct. 20, 2023 /PRNewswire/ -- John O'Leary has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective January 1, 2024.

Key Points: 
  • Portland, Ore., Oct. 20, 2023 /PRNewswire/ -- John O'Leary has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective January 1, 2024.
  • "We are pleased to welcome John to the PGE Board," said Jim Torgerson, chair of PGE's board of directors.
  • "John brings deep financial expertise and is at the forefront of the commercial vehicle industry as it transforms and accelerates production of zero-emission vehicles.
  • A seasoned executive and Oregon business leader, John will help us further our operating performance and position the company during period of rapid change."

Tampa General Hospital Welcomes New Members and Leadership to its Board of Directors; Celebrates Countless Contributions of Longtime Board Members

Retrieved on: 
Wednesday, October 18, 2023
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He first joined the board in 2017 in his role as chair of the Tampa General Hospital Foundation.

Key Points: 
  • He first joined the board in 2017 in his role as chair of the Tampa General Hospital Foundation.
  • The FHSC board, which is comprised of volunteers, serves as the governing body for Tampa General Hospital and its affiliates.
  • New board members are nominated by a committee and approved by the full board.
  • Leadership and board members are eligible to serve three three-year terms, and the chair of the Tampa General Hospital Foundation serves a two-year ex-officio term on the FHSC board.

CFP Board Appoints Seasoned Association Leader K. Dane Snowden as Chief Operating Officer

Retrieved on: 
Monday, October 2, 2023
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WASHINGTON, Oct. 2, 2023 /PRNewswire/ -- CFP Board of Standards (CFP Board) announced today that it has named K. Dane Snowden as Chief Operating Officer, following a national search.

Key Points: 
  • WASHINGTON, Oct. 2, 2023 /PRNewswire/ -- CFP Board of Standards (CFP Board) announced today that it has named K. Dane Snowden as Chief Operating Officer, following a national search.
  • Snowden succeeds Chief Operating Officer Elizabeth Stewart, Esq.
  • He spent 10 years as Chief Operating Officer of the National Cable & Telecommunications Association (NCTA), executing organizational strategy and leading management and business operations.
  • Snowden served as a public member on the Board of Directors of CFP Board from 2017 to 2020.

Cintas VP of Taxation Sowmya Aggarwal Earns Forty Under 40 Honors

Retrieved on: 
Tuesday, August 8, 2023
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Sowmya Aggarwal, Vice President of Taxation at Cintas Corporation (Nasdaq: CTAS), has been named to the Forty Under 40 list for 2023 published by the Cincinnati Business Courier.

Key Points: 
  • Sowmya Aggarwal, Vice President of Taxation at Cintas Corporation (Nasdaq: CTAS), has been named to the Forty Under 40 list for 2023 published by the Cincinnati Business Courier.
  • Aggarwal is the youngest employee-partner to hold the VP of Taxation position at Cintas.
  • View the full release here: https://www.businesswire.com/news/home/20230808901836/en/
    Sowmya Aggarwal, Vice President of Taxation at Cintas Corporation (Nasdaq: CTAS), has been named to the Forty Under 40 list for 2023 published by the Cincinnati Business Courier.
  • Aggarwal is the youngest employee-partner to hold the VP of Taxation position at Cintas.

NASP Thanks the Senate Finance Committee for Taking Initial Steps to Address Anticompetitive PBM Practices

Retrieved on: 
Thursday, July 27, 2023
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Specialty pharmacies face low upfront reimbursement rates and growing clawbacks from some PBMs that surpass millions in dollars for many specialty pharmacies.

Key Points: 
  • Specialty pharmacies face low upfront reimbursement rates and growing clawbacks from some PBMs that surpass millions in dollars for many specialty pharmacies.
  • To address this, it is urgent the Finance Committee include the full bipartisan Protect Patient Access to Pharmacies Act (S. 2052) in the final PBM reform package the Committee advances this year.
  • During the mark up, Chairman Wyden expressed his support for continuing to work to address inclusion of this bill.
  • The Committee must act on S. 2052 this year as it finalizes its PBM reform efforts.

North Texas Food Bank Welcomes New Board Members

Retrieved on: 
Monday, July 10, 2023
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Dallas, July 10, 2023 (GLOBE NEWSWIRE) -- The North Texas Food Bank (NTFB) today announced the addition of five new members to its board of directors: Chris Barrett, Edmundo Castañeda, Kim Cockrell, Russell Jones and Tom Walker.

Key Points: 
  • Dallas, July 10, 2023 (GLOBE NEWSWIRE) -- The North Texas Food Bank (NTFB) today announced the addition of five new members to its board of directors: Chris Barrett, Edmundo Castañeda, Kim Cockrell, Russell Jones and Tom Walker.
  • “As we work to close the hunger gap in North Texas by providing access to nutritious food, I am thrilled to welcome these new leaders to the North Texas Food Bank Board of Directors,” said Jerri Garison, current Board Chair for the North Texas Food Bank.
  • Under his leadership, the North Texas Food Bank provided a record number of meals while developing a long-term operational strategy to provide food for today and hope for tomorrow for people facing hunger in North Texas.
  • During his tenure, he took the lead in updating the North Texas Food Bank’s Investment Policy Statement amongst other initiatives.

EQS-News: Adler Group S.A.: Shareholders express broad support for the company’s course

Retrieved on: 
Wednesday, June 21, 2023
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Luxembourg, 21 June 2023 – At today’s Annual General Meeting (AGM) of Adler Group S.A. (“Adler Group”) the shareholders represented adopted all resolutions proposed by the Board of Directors by an overwhelming majority.

Key Points: 
  • Luxembourg, 21 June 2023 – At today’s Annual General Meeting (AGM) of Adler Group S.A. (“Adler Group”) the shareholders represented adopted all resolutions proposed by the Board of Directors by an overwhelming majority.
  • At the subsequent Extraordinary General Meeting (EGM) of Adler Group, all shareholders represented resolved in favor of continuing the Company in accordance with Luxembourg company law.
  • The restructured Group will be smaller in size, clearer in its organization and more focused in its business model.
  • Thomas Echelmeyer has been appointed as member of the Board of Directors in addition to his current role as CFO of Adler Group.

StoneCo Announces Mateus Scherer as new CFO, Change in Role of our President Augusto Lins and Split of Board Committees

Retrieved on: 
Friday, May 26, 2023
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The Company also announced the retirement of President Augusto Lins from full-time responsibilities, transitioning to a part-time senior advisory role.

Key Points: 
  • The Company also announced the retirement of President Augusto Lins from full-time responsibilities, transitioning to a part-time senior advisory role.
  • In addition to the changes above, the Board of Directors’ Finance & Risk committee will be split into two separate committees.
  • Effective July 1, 2023, Mateus Scherer Schwening will take on the role of Chief Financial Officer at StoneCo.
  • Currently, Mateus serves as StoneCo's Vice President of Finance, a role he has held since April 2022.

Garrett Motion Reaches Agreements with Centerbridge and Oaktree to Transform Capital Structure

Retrieved on: 
Thursday, April 13, 2023
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“I am pleased we have reached agreements with Centerbridge and Oaktree to simplify our capital structure.

Key Points: 
  • “I am pleased we have reached agreements with Centerbridge and Oaktree to simplify our capital structure.
  • The Board strongly believes that this will provide more financial flexibility to Garrett in the future and benefit all shareholders.
  • Centerbridge and Oaktree have been great partners to Garrett and its management team.
  • This transaction provides Garrett with additional flexibility to pursue a broad range of capital allocation options,” said Kevin Mahony, Managing Director at Centerbridge.

Ericsson's Annual General Meeting 2023

Retrieved on: 
Wednesday, March 29, 2023
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STOCKHOLM, March 29, 2023 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ:ERIC) Annual General Meeting (AGM) was held today on March 29, 2023 in Kista, Stockholm.

Key Points: 
  • STOCKHOLM, March 29, 2023 /PRNewswire/ -- Telefonaktiebolaget LM Ericsson's (NASDAQ:ERIC) Annual General Meeting (AGM) was held today on March 29, 2023 in Kista, Stockholm.
  • The dividend will be paid in two equal installments: SEK 1.35 per share with the record date Friday, March 31, 2023, and SEK 1.35 per share with the record date Friday, September 29, 2023.
  • Euroclear Sweden AB is expected to disburse SEK 1.35 per share on Wednesday, April 5, 2023, and SEK 1.35 per share on Wednesday, October 4, 2023.
  • The company's holding of treasury stock as of March 29, 2023, amounts to 4,009,306 B-shares, corresponding to 400,930.6 votes.