News Hub | News Direct

Professional Services

Architecture CRM/Customer Service Consulting Government & Policy Human Resources Intellectual Property/Trademark/Patent Law Legal
Article thumbnail News Release

SFAA Members Elect New Board, Honor Outgoing Chair at Annual Meeting

SFAA

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, held its annual meeting this past week with more than 185 members and guests attending. Robert Murray, SFAA Chair, Executive Committee Member, Head of Surety, Zurich North America, and Ryan Work, SFAA president and CEO, presided over the event, providing updates on SFAA’s accomplishments and ongoing initiatives. SFAA members were on hand to celebrate outgoing SFAA Chair Robert Murray after his two-year term, in addition to congratulating him on his upcoming retirement. Murray will be succeeded as chair by Michael Keimig, president and CEO of Markel Surety Corporation. Keimig has been an active participant in the SFAA for over a decade, most recently as a Board and Executive Committee member. Videos celebrating SFAA’s accomplishments throughout 2023 and honoring the 2023 Surety Industry Awards winners were also shared. The SFAA Membership elected the following Board of Directors and Executive Committee in a unanimous vote. Officers and Executive Committee Members Michael Keimig Stephen Ruschak John F. Welch Rick Ciullo Timothy Mikolajewski Antonio C. Albanese Bryce Grissom Other Elected Board Members Ken Bearley John Guglielmo Stephen M. Haney James Kawiecki Matt Lubin, Robert Murray Alan Pavlic Sharon Sims Gary Stumper Larry Taylor Mike Zurcher The Surety & Fidelity Association of America (SFAA) is a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry. Based in Washington, D.C., SFAA works to promote the value of surety and fidelity bonding by proactively advocating on behalf of its members and stakeholders. The association’s more than 425 member companies write 98 percent of surety and fidelity bonds in the U.S. For more information visit www.surety.org. Contact Details Peter Roth +1 703-401-0676 proth@surety.org Company Website https://surety.org/

May 09, 2024 09:55 AM Eastern Daylight Time

Article thumbnail News Release

Boeing’s Chairman is Leaving Under a Cloud – So Why Does Exxon Want Him on Their Board?

NLPC

In a case of corporate elitists’ blindness at best, and ineptitude in governance at worst, Exxon Mobil Corporation’s directors have renominated Lawrence “Larry” Kellner, who is also the departing Chairman of the crisis-plagued Boeing Company, to their own board. Kellner, a former Continental Airlines Chairman/CEO, left the now-defunct (merged with United) company in late 2009 and joined Boeing’s board of directors in 2011. He was elevated to chairman in late 2019, and his tenure has been marked with failures both financial and reputational. As anyone who follows air travel news knows, Boeing has likely endured the worst year of any U.S.-based corporation due to numerous troubling safety incidents, with the penultimate occurrence in January, when a door plug blew off an Alaska Airlines flight at 16,000 feet, imperiling passengers and crew. In addition to that high-profile episode, Kellner has presided over a cascade of devastating headlines related to Boeing’s quality and safety record. It’s gotten so bad that now every airliner performance glitch, regardless of the responsible party, is now headlined as a “Boeing plane” incident. Yet, inexplicably, ExxonMobil wants Kellner to serve another year on its board, which he joined in 2023. As a result, National Legal and Policy Center, a shareholder in both Boeing and Exxon, is calling for fellow investors to vote against Kellner for the energy company’s annual meeting on May 29. “It’s incredible to have to even ask, but after the last five years-plus that Boeing has had, Larry Kellner is properly leaving its board – so why do Exxon directors think he deserves a seat with them?” said Paul Chesser, director of NLPC’s Corporate Integrity Project. “Is this about strong governance to protect shareholder assets, or just keeping the social club together until something catastrophic happens – like what just happened at Boeing?” Earlier this week NLPC filed a proxy memo with the Securities and Exchange Commission which further explained why it believes Kellner has no business serving on a corporate board at this time, much less the largest U.S.-based energy company in the world. Kellner, along with exiting CEO Dave Calhoun, were supposed to be the leadership pair to improve Boeing’s performance after the firing of previous CEO Dennis Muilenburg. Instead the company’s performance only worsened, with its stock price being almost halved since Kellner took over as Chairman. NLPC also released a short video on Thursday that highlights Boeing’s mishaps under Kellner’s leadership, and questions why ExxonMobil would want to keep him on its governance team. The oil giant’s board, in exhibiting the ultimate in tone-deafness, even plans to keep Kellner on the company’s safety committee! “There’s a reason Larry Kellner is leaving Boeing’s board, and that reason is failure,” Chesser added. “Exxon is not in business so it can provide soft landings for mediocre executives. Nonetheless his colleagues put him on the proxy ballot for the board, so our fellow shareholders should do the right thing and vote against him.” ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 09, 2024 09:49 AM Eastern Daylight Time

Article thumbnail News Release

Team Internet CEO Michael Riedl discusses growth and integration post-Shinez acquisition

Team Internet Group PLC

Team Internet Group PLC (AIM:TIG, OTCQX:TIGXF) CEO Michael Riedl discusses the completion of the acquisition of Shinez, a digital content production and promotion company specialising in listicle-based articles with embedded advertisements. Riedl noted that the acquisition is immediately accretive to earnings, with an expected high single-digit EPS accretion for the year, even before accounting for synergies. He highlighted that Shinez attracts different customer groups early in the decision-making process, which complements Team Internet's existing product suite. With the inclusion of Shinez, Team Internet now covers the entire marketing conversion funnel, from initial awareness to final sale conversions, he added. Riedl also discussed future growth strategies, emphasizing the enhanced capability to target consumers at every stage of their decision-making journey, thus increasing shareholder value. He mentioned leveraging synergies such as cross-promoting products and integrating ad inventories. The acquisition strengthens Team Internet's relationship with significant internet players like Meta, providing potential spillover benefits. Looking ahead, Team Internet plans to deepen its involvement in social media and expand its network of demand-side partners to better tailor commercial offers to consumers. Contact Details Proactive UK +44 20 7989 0813 UKEditorial@proactiveinvestors.com

May 08, 2024 08:06 AM Eastern Daylight Time

Video
Article thumbnail News Release

5thScape Lists "MMA Cage Conquest" on Meta Store: Step into the Ultimate Virtual MMA Arena

Spark Metro PR

Mixed Martial Arts fans and enthusiasts, your virtual fighting dreams have arrived! 5th Scape delivers a transformative experience with "MMA Cage Conquest," stepping far beyond traditional fighting games into true sensory immersion. Step into the iconic MMA cage, feel the roar of the crowd and become the champion you always envisioned. The 5thScape Project is an ambitious venture that aims to create a comprehensive Virtual Reality ecosystem. In this VR ecosystem many developers, gamers and experts from various industries can collaborate. This is a VR gaming studio startup in which they focus on developing games, movies, animations etc. Apart from this, they are also planning to launch a special VR headset and a VR Chair which is an ergonomically perfect chair for long gaming sessions. Now, coming back to the MMA Cage game, - "MMA Cage Conquest" redefines virtual combat. Its skill-based system demands true martial arts strategy along with honed reflexes. Learn and master strikes like a real-life wrestling professional. It includes (not limited to) powerful grappling throws and the intricacies of ground control to secure your victories. Feel the impact of every blow, the thrill of a perfectly executed submission, and the tension of a match fought on the razor's edge. Training lies at the heart of "MMA Cage Conquest." This journey transcends button-mashing and enters the realm of personal development. Start as an eager underdog, mastering the fundamentals through rigorous simulations. Refine your striking, defense, and ground game, tracking your progression and building unshakeable confidence. With each session, you don't just play the game – you live the fight. MMA Cage Conquest is all set to make gaming experiences more vigorous and a powerhouse for the senses. Feel the rush in your bones as you climb the leaderboards, and establish yourself as the ultimate MMA cage conqueror. Ready to unleash your inner champion? "MMA Cage Conquest" will be available on the Meta platform. Submitted for listing on May 2, 2024, the developers await approval. Visit 5thscape.com for trailers, release updates, and the latest news on your journey to become the undisputed MMA Cage conqueror. Contact Details 5th Scape 5th SCAPE Team +1 302-597-6768 team@5thscape.com Company Website https://5thscape.com

May 08, 2024 06:18 AM Eastern Daylight Time

Video Image
Article thumbnail News Release

Responsible Gambling Affiliate Association Opens Membership

Responsible Gambling Affiliate Association

Responsible Gambling Affiliate Association, the leading industry trade group representing companies involved in the promotion and advertisement of sports betting and gaming announces the launch of its new membership program at SBC Summit North America. This expansion marks a significant step for the RGAA, furthering its commitment to act as a trusted voice in the gambling industry, protect consumers and provide greater representation for affiliate companies. Since its inception, the RGAA has been rooted in integrity, upholding the highest standards in responsible gambling marketing and advertising practices while advocating for sensible regulation. By welcoming new affiliates into its association, the RGAA will amplify its impact and influence within the industry, building on the foundation laid by its founding members. "The launch of our membership program is a pivotal moment for the RGAA as we strive to promote responsible gambling practices and advocate for equitable regulation in the industry," said Max Bichsel, Chair of the RGAA. "With each new affiliate that joins our ranks, we fortify our efforts to ensure that integrity and consumer protection remain at the forefront of our sector.” New RGAA members will benefit from united representation within the industry, as well as gain access to a comprehensive suite of resources including regulation updates, education, and tools aimed at empowering their individual businesses. Those interested will have the opportunity to learn more about the RGAA’s mission and membership at a networking event during SBC Summit North America on Thursday, May 9 from 3 to 4 pm hosted on Better Collective’s footprint with drinks provided by SBC Events. “Last year’s Summit was a huge success and brought together industry leaders throughout North America eager to exchange ideas, collaborate and make lasting change,” said Rasmus Sojmark, CEO and Founder, SBC Gaming. “I am confident that this year will be no different and our collaboration with the RGAA will further elevate the conversation surrounding responsible gambling practices and player protection.” In joining the RGAA, members will be expected to pass a yearly responsible gambling and compliance audit. In return, they will receive the RGAA Standards of Excellence certification, awarded to organizations that demonstrate their compliance and commitment to the Group’s mission to champion responsible gambling marketing and advertising practices and protect consumer best interest. "With more than 20 years of experience in the industry and as a founding member of the RGAA, we are dedicated to supporting initiatives that enhance safer gambling practices to ultimately strengthen the protection of the players,” said Marc Pedersen, CEO of North America, Better Collective and RGAA Board Member. “We look forward to welcoming more industry peers to the RGAA as we continue our work to secure the sustainable development of the sector." To learn more about the RGAA, please visit www.rgaa.org. For affiliates interested in joining the Responsible Gambling Affiliate Association, submit your application request via email to information@rgaa.org. Responsible Gambling Affiliate Association (RGAA) is an independent trade association comprised of companies that engage in gambling, gaming, or sports betting marketing and advertising. Its mission is to champion responsible gambling marketing and advertising practices, advocate for sensible regulation, and protect consumer best interest while effectively serving the market. RGAA was founded in 2023 by Better Collective, Catena Media, FairPlay Sports Media, Gambling.com Group, Spotlight Sports Group, and XLMedia plc. Contact Details Hot Paper Lantern Jackson Gaskins Jgaskins@hotpaperlantern.com Company Website https://rgaa.org

May 06, 2024 01:17 PM Eastern Daylight Time

Article thumbnail News Release

Warren Buffett Sued by Shareholder Who Was Arrested at 2023 Shareholders’ Meeting for Raising Bill Gates/Jeffrey Epstein Issue

NLPC

National Legal and Policy Center (NLPC) has filed a federal lawsuit in Omaha against Berkshire Hathaway and its Chairman, Warren Buffett. The lawsuit, seeking monetary damages, stems from actions taken by the company during last year's shareholders’ meeting where NLPC Chairman Peter Flaherty raised the issue of the reputational risk to the company posed by Buffett holding the posts of both Chairman and CEO. Flaherty cited Buffett’s strong public identification with Bill Gates, and Gates relationship with Jeffrey Epstein. Flaherty had his microphone cut, was ejected from the arena and was arrested. Charges against Flaherty were quickly dropped by the local prosecutor. Flaherty is scheduled again to speak tomorrow at the Berkshire shareholder’s meeting in support of NLPC's proposal that Berkshire disclose the risks of its investments in China. Click here for the Complaint. Founded in 1991, the National Legal and Policy Center promotes ethics in public life through research, investigation, education and legal action. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 03, 2024 04:53 PM Eastern Daylight Time

Article thumbnail News Release

Flash Wins California Energy Commission $5.8M Grant for EV Charger ‘Innovation Lab’ in Oakland

Flash Parking

The California Energy Commission (CEC) and Flash, a pioneer in parking + charging solutions, today announced Flash secured a $5.8 million grant from CEC for a large-scale electric vehicle (EV) charger demonstration project in Oakland, California. The first-of-its-kind project will deploy at least 446 low-cost Level 2 EV chargers over a two-year period in convenient, high-density, high-visibility installations in a 1.5-mile area around downtown Oakland. With $24 million in funding from California’s Clean Transportation Program, the CEC grant to Flash and other awardees aims to demonstrate replicable and scalable business and technology models to deploy Level 2 charging infrastructure and improve public awareness of and confidence in Level 2 charging access. The project will also include installation of two Battery Energy Storage Systems that will help safeguard EV charger affordability during periods of peak energy demand. “Bay Area residents’ early commitment to the EV transition uniquely positions this community to serve as an ‘Innovation Lab’ for electrification projects in California and nationwide,” said Matt McCaffree, Vice President of Utility Market Development for Flash. “This collaboration with CEC will not only show what’s possible in high-density smart cities like Oakland but also keep the charging gap for early adopters from becoming a confidence gap for the next wave.” Bay Area EV adoption continues to outpace the national average by a factor of three. By installing reliable, affordable, and convenient public chargers, Flash and the CEC aim to close the charging gap and encourage further EV adoption—particularly among downtown residents, for whom dependable public charging is a prerequisite for ownership in lieu of at-home chargers. The success of the project would establish quality public charging as a standard among the practical, convenient, and environmentally-friendly “smart cities” of the future. “For residents living in downtown areas where at-home charging isn't an option, reliable and convenient public charging is key for continued EV adoption,” said CEC’s Lead Commissioner for Transportation Patty Monahan. “The CEC is looking forward to Flash's deployment of hundreds of Level 2 chargers throughout downtown Oakland to be a model of successful public charging.” The project will also generate invaluable data regarding battery capacities, operating costs, replicable price points, and emergency procedures, as well as insights toward stimulating demand and increasing return on investment. This information can then be used to expand and improve upon the Oakland deployment and inform electrification efforts throughout California and beyond. About Flash Flash is a pioneering technology company bringing seamless parking and EV charging experiences to drivers through a first-of-its-kind digital ecosystem. Flash’s platform connects reservable parking and charging in the apps drivers use every day with garage, surface lot, event, and valet parking locations — connected and controlled via a cloud-based operating system with unrivaled intelligence. Customer-obsessed brands partner with Flash to deliver digital, easy-to-use, reliable, and increasingly frictionless experiences to drivers eager to pay for a solution that eliminates wasted time, excess emissions, and stress from driving. The solution has arrived. Visit www.flashparking.com to learn more. Contact Details Flash Ray Young +1 512-694-6097 ray@razorsharppr.com Company Website https://www.flashparking.com/

May 02, 2024 08:30 AM Pacific Daylight Time

Image
Article thumbnail News Release

NAVEX Announces New Bangalore Office Following International Expansion

NAVEX Global

NAVEX, the global leader in integrated risk and compliance management software, today announced its expansion into South Asia with the establishment of a new Global Capability Center (GCC) in Bangalore, India. The decision to establish a permanent presence in India is a significant step forward in executing on NAVEX’s strategic goals driven by the company’s ongoing commitment to international growth, talent acquisition, and investment in technology and services. Its proximity to key Asian markets, such as Singapore, Japan, and Australia, also adds fundamental value to business operations. Sean Thompson, CEO at NAVEX, said, “The introduction of our new GCC in India is a game-changer and marks an exciting chapter for NAVEX as we strengthen our global presence and aim for new milestones. This is just our first leap into Asia as we continue to explore opportunities for smart, strategic development in the region. We continue to witness significant expansion globally, driven by the everchanging regulatory environment and increasing customer demand to build cultures focused on creating transparent, safe, and responsible workplaces.” With a presence now across America, Europe, and Asia, NAVEX’s impact spans across the globe; providing over 73 million employees at more than 13,000 organizations with a safer place to work. Due to significant international customer momentum in Europe, the company opened a new London office in 2023. The move follows its growing footprint in Finland, the acquisition of WhistleB in Sweden, and the establishment of its Frankfurt data facility. As a purpose driven company, NAVEX prides itself on creating a people first culture that is meaningful and relatable to each person. In addition to offering a myriad of learning and development programs that support career growth, NAVEX offers a wide array of benefits and resources designed to support healthy living. It is a multi-award-winning employer of choice, most recently named in 2024 as a USA Top Workplace by USA Today. The company has also been recognized by customers and industry experts for its leading culture, products, and services. To ensure NAVEX remains at the forefront of market trends, the GCC will help the business operate with agility while building awareness among companies in India seeking governance, risk, and compliance (GRC) expertise. It will play a pivotal role in accelerating product innovation and building on the company’s legacy. Notably, NAVEX recently introduced to its portfolio the Compliance Assistant AI solution in NAVEX One. Udayakumar Sethu, India Site Leader at NAVEX, adds, “NAVEX is looking forward to recruiting outstanding talent that the Bangalore market offers. We are excited to have a presence in this vibrant city. Our commitment is to empower the global market by providing the necessary tools, guidance, and training to employees and businesses to protect themselves against risks and meet regulatory requirements – all while building stronger organizational cultures.” Learn more about Life at the new NAVEX India GCC on our website. NAVEX is the recognized leader in risk and compliance management software and services, empowering thousands of customers around the world to manage and mitigate risks with confidence. NAVEX’s mission is to help customers promote ethical, inclusive workplace cultures, protect their brands, and preserve the environment through sustainable business practices. For more information, visit our website and our blog. Follow us on Twitter and LinkedIn. Contact Details NAVEX anita.lo@navex.com Company Website https://navex.com

May 02, 2024 09:00 AM Eastern Daylight Time

Article thumbnail News Release

AmeriLife Names Juan Carlos Moreno National Sales Director for ACA

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that Juan Carlos (JC) Moreno has been hired as AmeriLife’s national sales director for Affordable Care Act (ACA) products. Reporting to AmeriLife’s Senior Vice President of Managed Care Solutions, Matthew Graham, Moreno will develop the company’s carrier partnerships around ACA and under-65 products and provide sales leadership, education, and training to its principals, marketers, and licensed health insurance agents with the goal of expanding the ACA and under-65 business across AmeriLife’s distribution groups. “I’m thrilled to welcome JC to AmeriLife and the Managed Care Solutions team,” said Graham. “JC is a proven sales leader, motivator, and trainer. His deep knowledge of ACA and under-65 products will be critical to helping us grow our footprint in this expanding market.” “As the health insurance landscape continues to evolve, ACA and under-65 products provide us with a unique opportunity to train agents to meet an entirely new generation of consumers where they are today to better serve their health care needs in their retirement years,” added Scotty Elliott, Chief Distribution Officer for AmeriLife Health. “JC’s addition is a testament to our continued focus to deliver holistic solutions to consumers, and we look forward to his contributions.” Moreno comes to AmeriLife with over 20 years of business and sales experience, most recently at Elite Health Insurance, an ACA-focused health insurer where he served as director of sales and business development. Prior to Elite, Moreno held various business consultant and sales leadership roles, including territory sales manager and general manager for insurance consumer solutions platform Assurance IQ. “I am delighted to start this journey with Amerilife and the Managed Care Solutions team,” said Moreno. “I am eager to contribute my expertise and join their efforts in navigating the ever-changing landscape of ACA and under-65 health insurance.” ### About AmeriLife AmeriLife’s strength is its mission: to provide insurance and retirement solutions to help people live longer, healthier lives. In doing so, AmeriLife has become recognized as an industry leader in developing, marketing and distributing life and health insurance, annuities, and retirement planning solutions to enhance the lives of pre-retirees and retirees across the United States. For more than 50 years, AmeriLife has partnered with top insurance carriers to provide value and quality to customers served through a national distribution network of over 300,000 agents and financial professionals and more than 120 marketing organizations and insurance agencies. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado media@amerilife.com Partnership Inquiries Patrick Nichols corporatedevelopment@amerilife.com Company Website https://amerilife.com/

May 02, 2024 09:00 AM Eastern Daylight Time

12345 ... 95