Pennsylvania Office of Administration

Boards of Hershey Trust Company and Milton Hershey School Elect Three New Directors and Managers

Retrieved on: 
Monday, January 9, 2023

HERSHEY, Pa., Jan. 9, 2023 /PRNewswire/ -- The Hershey Trust Company (HTC) Board of Directors and the Milton Hershey School (MHS) Board of Managers announced today the recent election of three new Directors/Managers: Michelle Figlar, Harold Singleton III and Jason Wolfe.

Key Points: 
  • HERSHEY, Pa., Jan. 9, 2023 /PRNewswire/ -- The Hershey Trust Company (HTC) Board of Directors and the Milton Hershey School (MHS) Board of Managers announced today the recent election of three new Directors/Managers: Michelle Figlar, Harold Singleton III and Jason Wolfe.
  • Harold has spent his career leading teams that managed multibillion-dollar investment portfolios and will be immediately helpful in overseeing the management of the Milton Hershey School Trust.
  • Jason brings the unique perspective of an MHS graduate and vast experience as a successful entrepreneur," Koken added.
  • "We look forward to bringing these new talents onto our Boards as we continue to grow Milton Hershey School and Catherine Hershey Schools for Early Learning, while continuing the prudent management of the Milton Hershey School Trust," said Koken.

Cresco Labs Closes Sale-and-Leaseback with Aventine Property Group for Brookville, PA Facility

Retrieved on: 
Tuesday, September 6, 2022

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced that it has completed and closed on an agreement to sell its Brookville, PA property to Aventine Property Group (Aventine) for total additional non-dilutive funding of $45 million.

Key Points: 
  • Cresco Labs (CSE:CL) (OTCQX:CRLBF) (Cresco or the Company), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced that it has completed and closed on an agreement to sell its Brookville, PA property to Aventine Property Group (Aventine) for total additional non-dilutive funding of $45 million.
  • This sale marks Cresco Labs first sale-leaseback transaction with Aventine.
  • Concurrent with the closing of the sale, Cresco Yeltrah, LLC, a subsidiary of Cresco Labs, entered into a long-term, triple-net lease agreement with Aventine regarding the property and Cresco Yeltrah will continue to operate the facility as the permitted cannabis cultivation and processing facility, as it has since 2017.
  • Cresco Labs CEO and Co-founder Charles Bachtell said, This transaction further strengthens our company, unlocking valuable capital from our balance sheet.

Teachstone Adds Four National Research and Policy Experts to Senior Leadership Team

Retrieved on: 
Monday, January 10, 2022

The expanded leadership team includes the appointment of:

Key Points: 
  • The expanded leadership team includes the appointment of:
    Dr. Sarah Caverly as Vice President of Research and Evaluation.
  • Caverly joins Teachstone after serving as a Principal Researcher at the American Institutes for Research.
  • Previously, she held multiple leadership roles on impact evaluations of programs for early childhood education, early literacy, and children's social and emotional learning.
  • Suzann Morris as Senior Director of Public Policy and Government Relations:A national expert on early childhood policy with more than 15 years experience, Morris joins Teachstone after serving as a senior fellow with the Bipartisan Policy Center's Early Childhood Initiative.