Management

EQS-News: flatexDEGIRO expands Management Board and specifies financial expectations for 2022

Retrieved on: 
Saturday, December 3, 2022

Against this background flatexDEGIRO expects full year revenues 2022 to amount to approx.

Key Points: 
  • Against this background flatexDEGIRO expects full year revenues 2022 to amount to approx.
  • Furthermore, the supervisory and management board have decided to capitalize flatexDEGIRO Bank AG with additional EUR50million out of own retained funds.
  • Also effective 1 January 2023, Stephan Simmang will join the Management Board of flatexDEGIRO AG as the Groups Chief Technology Officer (CTO).
  • Furthermore, the Supervisory Board has decided that Christiane Strubel, who is heading HR at flatexDEGIRO as a General Representative since 2016, should also be appointed to the Management Board of flatexDEGIRO AG as soon as all regulatory requirements are fulfilled.

Copart Announces Hiring of New Chief Financial Officer and Chief Legal Officer

Retrieved on: 
Saturday, December 3, 2022

DALLAS, Dec. 3, 2022 /PRNewswire/ --Copart, inc. (NASDAQ: CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick.

Key Points: 
  • DALLAS, Dec. 3, 2022 /PRNewswire/ --Copart, inc. (NASDAQ: CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick.
  • She is a seasoned Fortune 500 executive, serving most recently as chief financial officer of CBRE, a global leader in commercial real estate services and investments, and previously in financial and operational leadership roles at American Tower.
  • Paul will lead Copart's legal department and help guide the company in areas of corporate law, transactions, commercial contracts, real estate, compliance, litigation, and government affairs.
  • Paul succeeds Gregory DePasquale, who recently announced his intentions to retire as Chief Legal Officer and Secretary after nearly 25 years with the Company.

Statement from SBA Administrator Isabella Casillas Guzman on the U.S. Department of Defense’s New Office of Strategic Capital

Retrieved on: 
Saturday, December 3, 2022

DoDs creation of the Office of Strategic Capital marks a significant milestone in the Biden-Harris Administrations investment in critical technologies that drive innovation, power our nations technological leadership, and strengthen our national security.

Key Points: 
  • DoDs creation of the Office of Strategic Capital marks a significant milestone in the Biden-Harris Administrations investment in critical technologies that drive innovation, power our nations technological leadership, and strengthen our national security.
  • SBA and DoD are aligned in our mission of growing private capital investment in emerging and critical technologies.
  • We look forward to working with DoDs Office of Strategic Capital through a new SBA-DoD partnership, which we will be announcing at the Reagan National Defense Forum.
  • It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations.

Local Non-Profit Hoping to Make a Difference During the Holiday Season

Retrieved on: 
Friday, December 2, 2022

The JL Cares Leadership team also seeks out partnerships with other local businesses to make a greater impact than they could by themselves.

Key Points: 
  • The JL Cares Leadership team also seeks out partnerships with other local businesses to make a greater impact than they could by themselves.
  • With the rising prices in the cost of goods, the team hopes it can make a difference in the lives of a few.
  • To nominate a family, visit jlcares.org and tell the team how JL Cares can make a difference in the lives of a family.
  • JL Remodeling's owner, Jeff Laurence has a passion towards helping people, and launched the JL Cares non-profit in 2021.

Parex Resources to Hold Investor Presentation in Bogotá, Colombia

Retrieved on: 
Friday, December 2, 2022

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.

Key Points: 
  • CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.
  • The presentation will focus on the Companys strategy, operations, and future opportunities in Colombia.
  • Parex presenters will include:
    Mike Kruchten Senior Vice President, Capital Markets & Corporate Planning
    Katie Bernard Vice President, New Ventures
    Ian Zapfe-Smith Vice President, Exploration
    The presentation will be available via webcast.
  • Parex is the largest independent oil and gas company in Colombia, focusing on sustainable, conventional production.

CalAmp Appoints Tech Finance Veteran, Jikun Kim, as SVP and Chief Financial Officer

Retrieved on: 
Friday, December 2, 2022

Mr. Kim will serve as principal financial officer and principal accounting officer.

Key Points: 
  • Mr. Kim will serve as principal financial officer and principal accounting officer.
  • Mr. Kim currently serves as Chief Financial Officer of Momentus, Inc., a Nasdaq-listed space infrastructure company, a position he has held since September 2020.
  • Prior to Momentus, from January 2019 to September 2020, Mr. Kim served as the Chief Financial Officer at Formlabs Inc., a 3D printer company.
  • Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada.

Mill Point Capital Partners with Seviroli Foods

Retrieved on: 
Friday, December 2, 2022

Seviroli Foods, Inc. (Seviroli), a leading manufacturer of frozen pasta and other food products, and Vertullo Imports LLC (Vertullo), a leading specialty food importer, announced that it has partnered with Mill Point Capital LLC (Mill Point), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and technology sectors in North America.

Key Points: 
  • Seviroli Foods, Inc. (Seviroli), a leading manufacturer of frozen pasta and other food products, and Vertullo Imports LLC (Vertullo), a leading specialty food importer, announced that it has partnered with Mill Point Capital LLC (Mill Point), a middle-market private equity firm focused on control-oriented investments in the business services, industrials and technology sectors in North America.
  • Seviroli has been family-owned and operated since its founding in 1960 and provides a leading line of chef-inspired artisan-filled pastas, sauces and Italian desserts.
  • Joseph Seviroli Jr., CEO and second-generation owner of Seviroli, will continue in his role alongside President and COO Paul Vertullo and other key members of the management team.
  • Joseph Seviroli Jr. commented, We are excited to continue building upon my familys proud 62-year operating history alongside Mill Point.

Mobilitas Insurance Companies Name Senior Director of Business Development

Retrieved on: 
Friday, December 2, 2022

Mobilitas , the group of commercial insurance companies dedicated to providing insurance protection to the unique and emerging demands of the sharing economy and mobility sector, announced that Kate Kennedy has joined Mobilitas as Senior Director, Business Development.

Key Points: 
  • Mobilitas , the group of commercial insurance companies dedicated to providing insurance protection to the unique and emerging demands of the sharing economy and mobility sector, announced that Kate Kennedy has joined Mobilitas as Senior Director, Business Development.
  • View the full release here: https://www.businesswire.com/news/home/20221202005490/en/
    As Senior Director of Business Development for Mobilitas, Kate Kennedy will manage the company's business development program, with a focus on major accounts and large brokers.
  • (Photo: Business Wire)
    Kennedy will be responsible for the development, execution, and success of the Mobilitas business development program, with a focus on major accounts and large brokers.
  • The Mobilitas insurance companies offer commercial insurance built from the ground up to meet the unique needs of the mobility market, and provide creative, technology-driven insurance solutions that protect business needs.

LuxUrban Hotels Announces Executive Promotions and Transition

Retrieved on: 
Friday, December 2, 2022

LuxUrban Hotels Inc. (or the Company) (NASDAQ: LUXH), which utilizes a long-term lease, asset-light, business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today executive promotions and an associated transition of leadership responsibilities.

Key Points: 
  • LuxUrban Hotels Inc. (or the Company) (NASDAQ: LUXH), which utilizes a long-term lease, asset-light, business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today executive promotions and an associated transition of leadership responsibilities.
  • He concluded, Shanoop and Jimmie have a history of delivering superior results for LuxUrban Hotels.
  • LuxUrban Hotels Inc. utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities.
  • The Companys future growth focuses primarily on seeking to create win-win opportunities for owners of dislocated hotels, including those impacted by COVID-19 travel restrictions, while providing LuxUrban Hotels favorable operating margins.

WeWork Announces New SoftBank Appointment, Vikas J. Parekh, to Board of Directors

Retrieved on: 
Friday, December 2, 2022

WeWork Inc. (NYSE: WE), the leading global flexible space provider, today announced that Vikas J. Parekh, Managing Partner at SoftBank Investment Advisers, has been appointed to the WeWork Board of Directors, effective November 30, 2022.

Key Points: 
  • WeWork Inc. (NYSE: WE), the leading global flexible space provider, today announced that Vikas J. Parekh, Managing Partner at SoftBank Investment Advisers, has been appointed to the WeWork Board of Directors, effective November 30, 2022.
  • In his role as Managing Partner at SoftBank Investment Advisers, Mr. Parekh focuses on investing in enterprise software, robotics, automation, and other emerging technologies.
  • Prior to joining SoftBank in 2016, Mr. Parekh worked in private equity at KKR, and at Boston Consulting Group.
  • We are pleased to welcome Vikas to WeWorks Board of Directors, said Sandeep Mathrani, WeWorks CEO and Chairman.