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AmeriLife Strengthens Wealth Distribution Leadership to Help Unleash the Power of Its Holistic Platform

AmeriLife

AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing life and health insurance, annuities and retirement planning solutions, today announced the next phase of changes to its Wealth organization, which are aimed at redefining the independent agent and advisor experience and breaking through traditional distribution models. Effective immediately, TruChoice Financial Group President and CEO Brian Peterson will assume expanded responsibilities as president of Accumulation and Retirement Income Distribution. Peterson, whose focus will be on growing annuity sales across the AmeriLife enterprise, will also help lead a significant effort to bring to market a world-class, integrated Wealth platform that delivers on AmeriLife’s client-centric, holistic approach. Peterson will have direct oversight over the performance of AmeriLife’s annuities-focused affiliates, in addition to TruChoice, as part of his new responsibilities. “Brian’s leadership is well known throughout our industry, and was a key reason why AmeriLife was so excited to add TruChoice to its family of companies,” said Mike Vietri, Chief Distribution Officer of AmeriLife’s Wealth Distribution. “Today, it’s a pleasure to welcome him again in a new capacity in which he’ll help shape and lead the direction of our accumulation and retirement income efforts; maximize the potential of our annuities-focused companies and their advisors; and help drive new, innovative solutions for their clients.” “I’m thrilled to work with AmeriLife in this expanded role, but even more excited for the opportunities that lie ahead for our growing distribution network,” added Peterson. “Our advisors are helping their clients navigate through extraordinary economic times. I believe that, together, we can ensure that they have the platforms, resources and solutions they need to meet and exceed their clients’ challenges. I look forward to getting to work to deliver on that promise.” Peterson’s appointment follows AmeriLife’s recent restructuring of the company’s Distribution organization, during which it created distinct Wealth and Health groups to better meet the growing demands of the market, AmeriLife’s affiliated companies, and their agents and advisors. These efforts continue as AmeriLife’s Wealth Distribution continues to fortify its ranks to better leverage recent strategic acquisitions (such as TruChoice) and maximize existing partnerships and the industry-leading offerings of Saybrus Partners, Brookstone Capital Management and ICON, AmeriLife’s joint venture with AIMCOR Group. Denny Southern, previously president of Annuities and Retirement Planning, will assume a new role leveraging his carrier-side experience, industry relationships and deep product expertise to — in collaboration with Peterson and other Wealth leaders — support product innovation for the Wealth platform. “AmeriLife’s Wealth Distribution aims to empower agents and advisors who demand more out of their independent distribution platforms, as well as become the partner of choice to make sure their clients, no matter their stages of life, never outgrow them,” said Vietri. “Our holistic approach brings together three core pillars — Accumulation and Retirement Income, Protection Income and Advisory Services — that are essential to delivering the peace of mind that today’s retirees need to live longer, healthier and happier lives. Today’s announcement is simply the next step to deliver on that promise.” ### 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 the 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 distribution network of over 300,000 insurance agents and advisors and 120 marketing organizations and insurance agency locations nationwide. For more information, visit AmeriLife.com, and follow AmeriLife on Facebook and LinkedIn. Contact Details Media Jeff Maldonado +1 321-297-1112 jmaldonado@amerilife.com Partnership Inquiries Patrick Nichols +1 727-726-0726 pnichols@amerilife.com Company Website https://amerilife.com/

April 05, 2023 09:30 AM Eastern Daylight Time

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Study: Are Digital Content Creators Corporate America’s New Superpower?

MBO Partners

A new study from ​ MBO Partners® reveals that corporate America may be overlooking a growing and significant source of hidden internal talent: digital content creators. According to MBO Partners’ 2023 Creator Economy report, part of its State of Independence research series, independent digital content creators are among the fastest growing self-employment work segment infiltrating the traditional workforce. The study found that almost six out of ten (57%) have content side gigs, along with traditional jobs. However, a stunning 41% said they definitely (15%) or probably (26%) will leave their traditional job and start a business full time in the next 24 months. The MBO Partners study also found that 8.1 million U.S. independent creators earned money in the creator economy in 2022, a 14% increase since 2021. “The creator economy is huge and growing in steadfastness day by day – with a rising majority working in stealth mode in large and mid-sized companies,” said Miles Everson, CEO of MBO Partners. “In fact, enterprises may be sitting on a gold mine of untapped talent and not even know it. These employees are not only highly creative and fast-moving, but they are entrepreneurial and extremely tech savvy. They have the potential to be an enterprise’s ultimate ally. But to win, employers need to first put out the welcome mat and show independents that they value modern ways of working and specialized skill sets. Next, they need to recreate their workforce models where independents are a critical component of their total talent strategy and teams.” This year’s study showed six key insights about the independent creator workforce, including: Owned media offers WOO (window of opportunity) to make more money. MBO’s data shows that while 73,000 US independent creators (the 1%) report annual income over $1 million, most creators report modest earnings, with the majority (44%) earning $10,000 or less last year as a creator. However, as companies shift their marketing strategies to focus on owned media as more affordable alternatives to paid advertising this year, there will be plenty of lucrative opportunities for creators to make extra money. There’s no “I” in team. About half of all independent creators (48%) report teaming up with other content creators on projects, versus only 23% of independent workers who aren't content creators. Looking forward, 68% of content creators plan to partner with other independent workers over the next year. That means that for companies, you are no longer just hiring a creator, you’ll be hiring a larger set of skills. Black creators are building their entrepreneurial footprint. The study revealed that in terms of ethnic and racial groups, Black Americans are more robustly represented in the creator economy (18%) compared with their U.S. population share overall (13%). As companies look to create more inclusive workplaces, there is an emerging pipeline of black entrepreneurial creative talent that exists. Make no mistake, creators will quickly adapt to ChatGPT. Eighty-seven of creators report being early adopters of technology, so this is an early indication that they are already learning how to embrace the opportunity of ChatGPT. This compares to only 34% of traditional employees and 37% of independent workers as early technology adopters. By tapping into creators, companies can leverage emerging trends and quickly respond to market demands. Digital nomadism is the new manifesto for mental health. While traditional workers are quiet quitting and hush tripping, take a page from the creators whose job burnout and mental health issues have been widely documented. Over eight in ten independent creators (84%) prefer a location-independent lifestyle that allows them to work and travel at the same time. So, it comes as no surprise that almost two-thirds (63%) report they are currently a digital nomad and over 90% report feeling highly satisfied (83%) or satisfied (9%) with their work. At last, a new era of creative renegades has arrived. While only 1 in 10 creators makes more than $100,000 per year, 83% plan to continue as an independent creator (57%) or build a bigger creator business (26%) over the next 2-3 years. Seventy-nine percent report being optimistic about the future. To obtain a copy of the 2023 MBO Partners Creator Economy research report, please visit https://www.mbopartners.com/state-of-independence/creator-economy-report/. About MBO Partners® ​ MBO Partners is a direct sourcing platform that enables enterprises and independents to work efficiently together. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit​ ​mbopartners.com. About MBO Partners®​ MBO Partners is a direct sourcing platform that enables enterprises and independents to work efficiently together. Its unmatched experience and industry leadership enable it to operate on the forefront of the independent economy and consistently advance the next way of working. For more information, visit​ ​mbopartners.com​ Contact Details Words For Hire for MBO Partners Karen Swim +1 586-461-2103 karen@wordsforhirellc.com Company Website https://mbopartners.com

April 05, 2023 09:00 AM Eastern Daylight Time

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NCMA's Announces New Members to their National Committee

National Contract Management Association

The National Contract Management Association, the leading association dedicated to the advancement and expansion of the contract management profession, announced today the appointment of its new National Committee Members. The new members bring a wealth of experience and expertise in contract management which will further strengthen the association’s strategic direction and growth. "We are thrilled to welcome our new National Committee Members," said NCMA's incoming President, Denyce Carter. "Their extensive experience and diverse backgrounds will be invaluable to our community’s growth and success. We look forward to working closely with them to achieve our goals and provide the best possible education to our community." The National Committee members are seasoned professionals with impressive track records in their respective fields, and all graduates of the Contact Management Leadership Development Program (CMLDP). NCMA welcomes: Audra Charity, Sr. Contracts Administrator, Ball Aerospace & Technologies Corporation, Chapter: Rio Grande Jami Dinsmore, CPCM, Fellow, Sr. Manager Contract Operations, Policy, Training, and Audit at Ball Aerospace & Technologies Corporation, Chapter: Denver Sheralyn Fallon, CFCM, CPCM, Fellow, Sr. Manager of Subcontracts, Massachusetts Institute of Technology Lincoln Laboratory, Chapter: Boston Kerry Hall, Contract Manager, Leidos, Inc., Chapter: North Carolina Kameke Mitchell, Chief of Contracts for the Space Systems Command, Commercial Services Office, Chapter: Tysons Amanda Thompson, CFCM, Fellow, VP of Growth Services at JJR Solutions, Chapter: Dayton National Committees Members can make a lasting impact on NCMA. The Committees are made up of five groups including audit and risk, governance and ethics, member engagement, professional development and certification, and strategic planning. All who have served have played an instrumental role in helping to shape the associations’ strategy and direction. The National Contract Management Association (NCMA), a nonprofit organization founded in 1959 and is the world’s leading association in the field of contract management. With nearly 20,000 members, NCMA is dedicated to promoting excellence in the contract management profession through education, certification, and professional networking opportunities. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

April 05, 2023 05:00 AM Eastern Daylight Time

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Court Upholds Fraudulent Conveyance Claims against Bausch Health, Including Right to Enjoin Dividend of Bausch + Lomb Shares

Rolnick Kramer Sadighi LLP (RKS)

Rolnick Kramer Sadighi LLP (“RKS”) today secured a major victory in New Jersey Superior Court in its lawsuit challenging the corporate spin-off of Bausch + Lomb Corporation (“Bausch + Lomb”) from Bausch Health Companies Inc., formerly known as Valeant Pharmaceuticals International, Inc. (“Bausch Health”). In March 2022, a group of investors including GMO Trust, Brahman Capital, SunAmerica Asset Management, MSD Partners, and Discovery Capital Management, filed suit to have the spin-off of Bausch + Lomb from Bausch Health declared a fraudulent conveyance. The Honorable Margaret Goodzeit, P.J.Ch., largely denied Bausch Health’s motion to dismiss the lawsuit and ruled that RKS’s clients — aggrieved investors pursuing more than $3 billion in federal court against Bausch Health for securities fraud — had stated a valid legal claim that the spin-off constitutes a fraudulent transfer under New Jersey law. In addition to finding that the plaintiffs had adequately alleged that the May 2022 spin-off of Bausch + Lomb constituted an actual fraudulent conveyance reflecting several “badges of fraud,” the Court also upheld the plaintiffs’ right to enjoin Bausch Health’s proposed dividend of the Bausch + Lomb shares. Page 34 of the Court’s decision states: “A final judgment enjoining the Dividend Distribution could be appropriate because it would preserve the status quo between the parties until the District Court provides a final determination on the merits as to the plaintiffs’ securities fraud actions.” “This ruling demonstrates that Courts are willing to protect tort victims against corporate transactions in which assets are transferred to create one strong company and one weak company,” said Lawrence M. Rolnick, Partner at RKS who represents the plaintiffs. “I am pleased that the Court upheld our clients’ right to challenge the transfer of assets to Bausch + Lomb as a fraudulent conveyance and further recognized our right to enjoin the dividend distribution...” The Court also granted plaintiffs the right to replead certain additional legal theories against the dividend that the Court dismissed as premature because the Court found that defendants currently are under no obligation to proceed with it. Following Judge Goodzeit’s decision, RKS will pursue the investors’ suit and ensure that Bausch Health cannot improperly thwart its judgment creditors. The case is captioned, GMO Trust, et al. v. Bausch Health Companies Inc., No. SOM-C-12010-22, and will go forward in the Superior Court of New Jersey, Chancery Division, Somerset County. A copy of the Court’s decision can be provided upon request to the undersigned media contact. About RKS: Rolnick Kramer Sadighi, LLP (RKS) provides strategic litigation solutions for the investment management community. Launched in 2020, RKS is a premier securities litigation boutique dedicated to serving the investment management industry, including hedge funds, mutual funds, private equity, credit, real estate, and structured finance firms. For more information, visit RKS online: https://www.rksllp.com/. Contact Details Kivvit Arielle Goren +1 212-717-5863 agoren@kivvit.com Company Website https://www.rksllp.com/

April 04, 2023 11:15 AM Eastern Daylight Time

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Ultrack Enters Acquisition Agreement with Successful Medical and Wellness Company

Ultrack Systems, Inc.

McapMediaWire --Ultrack Systems Inc. (OTC: MJLB ), a total fleet-management GPS tracking and monitoring solution provider, is pleased to announce that Ultrack has entered into a formal contractual agreement with Supreme Products to both acquire and market their "Pet Tracker" product which is a wearable GPS device for pets. Notably, Carl Lamonte from Supreme Products will join Ultrack as an Officer of Brand Development Officer Earlier this year Ultrack noted in a release that the Company is actively seeking joint-venture relationships and/or acquisitions within recession proof sectors. Today's announcement is the initial fulfillment of that goal with more planned to come. With years of experience, resources, and relationships within the GPS industry, it makes sense for Ultrack to expand to the developing vertical market of pet tracking hardware and software. Currently, the global pet market is worth roughly $261 billion with the sub "pet care" market coming in at around $79 billion as of 2021. Current forecasters project that the U.S. pet market alone is projected to grow to $325 billion by 2028 with a projected sustained growth of pet ownership up to 14% by 2030. (Source: https://www.hepper.com/pet-industry-statistics-us / ) Ultrack CEO Michael Marsbergen commented: “Pets are big business and Millennials and Gen Z are leading the way for the foreseeable future. We believe that pet ownership and pet care is a recession-proof industry because people are simply not going to give up the things that they truly love, no matter how hard the economy gets hit. I'm delighted that Mr. Carl Lamonte will be joining Ultrack and helping the Company to establish sure footing as a new face and voice for our “Pet Tracker” product." Some of the ways the Company intends to provide a superior device include potential features like: 1. Health monitoring: Monitor a pet's health by tracking their activity levels, heart rate, and other biometric data. This information could be shared with veterinarians or pet owners to identify potential health problems early on. 2. Behavior modification: Modify a pet's behavior by providing real-time feedback on their location and activity level. For example, a device could be set up to alert a pet owner if their dog has strayed too far from home, or if their cat is spending too much time in a certain area. 3. Predictive analytics: Collect data on a pet's behavior and use machine learning algorithms to predict future behavior. This could help pet owners anticipate potential problems and take preventive action. 4. Social media integration: Integration with social media platforms, allowing pet owners to share their pet's location and activity level with friends and family. This could create a community of pet owners who share information and support each other. 5. Virtual fences: Create virtual fences around a pet's home or yard, alerting the pet owner if their pet strays beyond a certain boundary. This could be especially useful for pet owners who live in areas with high levels of traffic or other hazards. Ultrack and Supreme Products are planning a full-orbed marketing plan through multiple strategies including: As technology and AI evolves, the Company will seek for new ways to add more benefits to its line of pet care products. Investors can anticipate updates moving forward regarding details of the development and deployment of the new "Pet Tracker" product. Furthermore, the details of the contract with Supreme Products involves a marketing partnership to bring appropriate exposure to the new Pet Tracker product. These initiatives include but are not limited to: 1. Social media advertising: Social media platforms such as Facebook and Instagram offer targeted advertising options that allow businesses to reach pet owners directly, especially young pet owners. 2. Influencer marketing: Partnering with influencers in the pet industry can be an effective way to reach a wider audience. 3. Pet store partnerships: Starting with pet stores in Canada and established relationship, the Company believes this strategy will be well-received and well-rewarded. 4. Trade shows and events: The Company is looking ahead to three of the largest North American pet-focused trade shows in which to have a meaningful presence. The Company invites current and future shareholders to check back regularly at our website http://ultrack.ca, Facebook page: https://www.facebook.com/UltrackSolutions and Twitter page: https://twitter.com/ultracki About MJLB: Located in Concord, Ontario, Ultrack Systems Inc., ( www.ultrack.ca ) is a publicly traded company listed on the OTCMARKETS under the MJLB trading symbol. Ultrack Systems Inc., is a provider of GPS tracking solutions. We develop, implement, and distribute electronic monitoring and tracking systems for companies in leasing, transportation, construction, disposal, and many other services driven industries. Our platform includes live tracking, reports, and alerts on a web-based platform. Our mission is to provide the best fleet tracking, reporting systems and our commitment to service. The Company plans to launch a new ELD product in 2023 in partnership with major corporations that will take the trucking industry by storm. Safe Harbor Statement: This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release, including such forward-looking statements. Michael Stephen Marsbergen Ultrack Sytems Inc. +1 800-893-9506 sales@ultrack.ca Visit us on social media: Facebook Twitter Contact Details Ultrack Sytems Inc. sales@ultrack.ca Company Website http://ultrack.ca/

April 04, 2023 09:00 AM Eastern Daylight Time

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Legal Tech Disruptors vLex and Fastcase Merge to Form World’s Largest Global Law Library

vLex Group

vLex and Fastcase, two of the largest, fastest-growing legal technology companies, announced today that they are merging to form the world’s largest law firm subscriber base with more than one billion legal documents from more than 100 countries. As part of the merger, Oakley Capital and Bain Capital Credit are investing in the combined business to expand its global reach and accelerate the company’s legal artificial intelligence (AI) lab, which develops AI tools that streamline research, tracking, writing, and filing documents for the legal industry. “The legal profession has been a late adopter of technology, but lawyers are gaining more of an appetite for artificial intelligence tools in recent years,” said vLex CEO Lluís Faus. “Bringing these two highly successful businesses together will help democratize the law for legal professionals worldwide through a dynamic and robust platform that improves legal research accuracy, efficiency, and affordability.” The new combined entity will be called vLex Group, and its products will retain the name of vLex in global markets and Fastcase in the U.S. The company, which has offices in the United States, Europe, the U.K., Asia, and Latin America, will combine management teams and invest in unified global products based on the complementary strengths of both firms. It will maintain headquarters offices in Washington, D.C., Miami, and Barcelona. JEGI CLARITY ( www.jegiclarity.com ), a leading M&A advisory firm for the legal, media, marketing, information and technology industries, represented Fastcase in this transaction. Each company has been a disruptive innovator in highly consolidated markets for legal information and will offer unprecedented scale in legal tech, including the following: The new company will reach the majority of lawyers in the U.S. (~1.1 million subscribers out of 1.3 million lawyers in the U.S.) in partnership with state bar associations, and include legal materials from more than 100 countries around the world. The combined library contains over one billion legal documents, including judicial opinions, statutes, regulations, court rules, docket sheets, briefs, pleadings, motions, authored treatises, and legal news articles. vLex’s AI tools for law were named “Overall Legal Research Solution Provider of the Year” in the 2022 LegalTech Breakthrough Awards Program. Fastcase has twice been named New Product of the Year by the American Association of Law Libraries. “Our missions could not be more aligned, and by combining two of the world’s most successful legal technology disruptors, we are bringing much-needed innovation to an industry ready for a scaled alternative,” said Fastcase President Phil Rosenthal. “With both companies having more than 20 years of organic growth, the strategic support and financial backing of Oakley Capital and Bain Capital Credit will dramatically accelerate our work. Our goal is to be the most frequently used, comprehensive, and trustworthy resource for law firms of all sizes, in any part of the world.” Large Language Models (LLM) and Law News of the merger comes when competing large language models, such as OpenAI’s GPT-4 and Google’s Bard, create a more competitive market for generative AI. “With the rapid proliferation of LLM models, we are in a new era where content is king,” said Fastcase CEO Ed Walters. “With the merger of vLex and Fastcase, nobody has a more extensive global law library than we do. This is the biggest legal data corpus ever assembled, including highly valuable structured data with industry-standard tags and analytics. The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.” The companies are not newcomers to legal AI. vLex created one of the first AI assistants for legal research, called Vincent. It has long used an internal AI tool called Iceberg to generate structure in its own data and for law firms. Fastcase’s Docket Alarm product is one of the first legal tech companies to integrate OpenAI’s GPT-3.5, and both Fastcase and Docket Alarm use AI to create structure and tags in legal documents. The companies will use their combined financial strength to accelerate growth and to invest more in the frontiers of artificial intelligence in law. About vLex vLex is a global legal intelligence platform that provides legal professionals with access to the most extensive collection of legal and regulatory information worldwide, all on one award-winning and unique platform. The company utilizes cutting-edge technology, including artificial intelligence and data analytics, to help millions of users access the most relevant and accurate information. For more information about vLex, visit @vLex on Twitter or at www.vlex.com. About Fastcase Fastcase is a comprehensive legal intelligence company founded in 1999 and based in Washington, D.C. Partnering with the bar associations of all 50 states and the District of Columbia, Fastcase serves more than 1.1 million lawyers worldwide. The company provides an innovative research suite of primary law, dockets, treatises, legal blogs, analytics, workflow tools, and legal news. For more information about Fastcase’s legal tools, visit the company on Twitter at @Fastcase or visit www.fastcase.com. About Oakley Capital Oakley Capital is the partner of choice for entrepreneurs and management teams with the ambition to build successful, global businesses. With a diverse team of over 140 professionals across five locations including London, Munich and Milan, the firm backs high-growth, mid-market companies across Europe. It has deep sector-expertise across Technology, Consumer and Education and a track-record of supporting businesses accelerating their growth with proven value creation strategies, including M&A, digitization, talent management and internationalization. Its unique origination capabilities help unearth attractive investment opportunities yielding consistently strong returns for all stakeholders. To date, the firm has delivered gross realized returns of 4x MM and 67% IRR across all funds. In 2023, Oakley raised a record €2.85 billion for Oakley Capital Fund V, bringing their total AUM to €8 billion. About Bain Capital Credit Bain Capital Credit is a leading global credit specialist with approximately $42 billion in assets under management. Bain Capital Credit invests across the credit spectrum and in credit‐related strategies, including leveraged loans, high‐yield bonds, structured products, private middle market loans, bespoke capital solutions, distressed securities and assets, non‐performing loans, hard assets and equities. Our team of more than 95 investment professionals creates value through rigorous, independent analysis of thousands of corporate issuers around the world. In addition to credit, Bain Capital Credit invests across asset classes including private equity, public equity, venture capital and real estate, and leverages the firm’s shared platform to capture opportunities in strategic areas of focus. Bain Capital Credit's dedicated Private Credit Group focuses on providing complete financing solutions to businesses with EBITDA between $10 million and $150 million located in North America, Europe and Asia Pacific. Our dedicated global team affords us the ability to diligence the most complex situations and provide private capital to those companies. Contact Details vLex Group Mike Adorno madorno@hotpaperlantern.com

April 04, 2023 08:45 AM Eastern Daylight Time

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Heather Dallara Elected as President of the National Contract Management Association

National Contract Management Association

The National Contract Management Association (NCMA), the leading association for the contract management community, has appointed Heather Dallara as its President for Program Year 2025. Ms. Dallara is a skilled expert in government contracts and merger and acquisitions integration with nearly two decades of experience in the defense, intelligence, and national security sectors. She brings a wealth of knowledge and expertise, making her an excellent fit for the new role. Ms. Dallara is currently the Senior Vice President of Business Operations at Integral Federal, where she is responsible for driving growth, transformation, and strategic M&A initiatives. Prior to joining Integral, she held executive positions at Amentum, General Dynamics Information Technology, L-3 Communications (now CACI), and Harris Corporation (now Peraton). A member of NCMA since 2005, joining the Board of Directors in 2017, Ms. Dallara is also a graduate of the NCMA Contract Management Leadership Development Program (CMLDP) and was recognized as one of NCMA's Advancing Professionals in 2014. In 2015, she was awarded the prestigious NCMA Fellow distinction. "I am honored to be elected as the new President of the National Contract Management Association," said Ms. Dallara. "I look forward to working with the NCMA's dedicated members and partners to advance the field of contract management and support our nation's defense and national security missions." Kraig Conrad, CEO of NCMA, added, "We are excited to welcome Heather as our new President. Her extensive experience in the contracting community and dedication to advancing the profession make her an ideal leader for our association. We look forward to working with her to build on NCMA's legacy of excellence and innovation." Ms. Dallara's election as NCMA President reflects her reputation as a trusted leader in the contracting space with deep expertise in strategic contract, procurement, pricing, and risk management lifecycle. Her vision for NCMA includes increasing the depth and breadth of its current offerings, broadening the functional areas it covers and reaching into the intersections of contract management with other professions. ### The National Contract Management Association (NCMA), which was founded in 1959 and is the world’s leading association in the field of contract management. The organization, which has over 18,000 members, is dedicated to the professional growth and educational advancement of procurement and acquisition personnel worldwide. NCMA strives to serve and inform the profession and industry it represents and to offer opportunities for the open exchange of ideas in neutral forums. To find out more, please visit www.ncmahq.org. Contact Details NCMA Holly DeHesa +1 281-865-3296 holly.dehesa@ncmahq.org Company Website https://www.ncmahq.org/

April 04, 2023 08:15 AM Eastern Daylight Time

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Trust & Will’s Annual Millennial Study Examines Impact of Economic Uncertainty on Estate Planning

Trust & Will

Trust & Will, the leading digital estate planning platform in the U.S., releases the findings of its third annual millennial estate planning study, providing insight from more than 20,000 millennials on end-of-life planning preferences. Amidst rising mortgage rates and inflation, millennials are concerned about their ability to build and pass on wealth to future generations. Key findings from the 2023 Annual Study, " Millennials and Estate Planning During a Time of Economic Uncertainty," include: 45% of millennials said the housing crisis would impact their ability to pass on their wealth 78% percent of millennials said that building multigenerational wealth is essential to them 74% of Millennials appointed a digital executor in their estate plans to handle their online affairs and social media accounts Millennials are 29% more likely than older cohorts to want their emails, direct messages, and texts kept private from their family 71% of the pet owners in our cohort assigned a guardian for their animal in their estate plan Planned Parenthood was the most popular charity for bequests, followed by St Jude Children’s Research Hospital and The Trevor Project The recent economic turmoil has had a significant impact on millennials’ ability to build and transfer wealth. Nearly half (44%) of those surveyed said that the housing crisis and rising mortgage rates had prevented them from buying property, and 45% said it would impact their ability to pass on their wealth. The majority of millennials consider multi-generational wealth building as important (78%), whereas less than half of older generations (45%) consider it important. Meanwhile, 56% of millennials expect to receive an inheritance in their lifetime, but very few (11.5%) said they rely on an inheritance as part of their financial planning. “The past year has been tumultuous for many, and we’re seeing the effects on millennial mindsets when it comes to estate planning,” said Cody Barbo, Founder, and CEO of Trust & Will. "However, we also are seeing a shift in this generation’s ability to overcome financial obstacles and stay true to the things that mean the most to them, like giving to charity or reducing carbon through eco-friendly burials. Even in times of great uncertainty and fear, millennials are taking control of their financial futures by creating estate plans at a higher rate than any other generation.” A growing number of millennials are opting for ‘alternative burials’, which can include human composting, and tree pods. Cremation remains the most popular choice (51%), followed by traditional burial (22%), but a rising number of millennials prefer to donate their body to science (13%). This aligns closely with the majority of millennials opting to be organ donors (81%). Millennials are more likely to donate to charity, even if their net worth is relatively low. In fact, there is a direct correlation between the two, with 67% of millennials with net worths of $50,000 or less opting to donate, compared to 25% of millennials with higher net worths of $50,000-$125,000. The average bequest is $22,257. Consistent with previous years, the primary motivator to create an estate plan is having a child (31%), followed by buying a home (10%), instructions from a financial advisor (9%), or a death in the family (8%). For the full findings and to download a copy of the report, visit trustandwill.com/millennials. Methodology Trust & Will analyzed proprietary data from 23,979 individuals, 7,832 of whom were aged 25-44, to explore specific insights and behaviors of the millennial generation regarding estate planning. Trust & Will revisits this data each year to see how trends and behaviors among millennials continue to change over time. ABOUT TRUST & WILL Trust & Will is simplifying estate planning and settlement with attorney-approved, legally valid documents and processes designed to adhere to individual state guidelines. Since 2017, we’ve helped hundreds of thousands of Trust & Will members leave their legacy with an affordable way to create an estate plan or settle the estate of a loved one. Our platform uses bank-level encryption that protects customer data and complies with the highest security standards, including SOC 2 and HIPAA. Trust & Will is the official estate planning benefit provider for AARP members, along with several leading financial institutions, who all believe in our mission of helping every family leave their legacy. To learn more, visit trustandwill.com. Contact Details Trust & Will Danielle Nuzzo danielle@trustandwill.com Company Website https://trustandwill.com

April 04, 2023 07:05 AM Eastern Daylight Time

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Employee Productivity Skyrockets at the Fortune 100 Best Companies to Work For in 2023, According to More than Half a Million Employees

Great Place to Work - USA

This year’s winning companies proved that you can create cultures where employees give extra at work without a cost to their mental health. Discretionary effort — the willingness to give extra at work — is nearly 70% higher at the 2023 Fortune 100 Best Companies to Work For® compared to a typical U.S. workplace, where record-low productivity levels are the norm. The U.S. Bureau of Labor Statistics reports the annual average productivity level decreased 1.3% from 2021 to 2022 — the largest annual decline since 1974. Revenue per employee — another key productivity measure — increased 7% year-over-year for the 100 Best Companies. That’s almost double the 4% year-over-year revenue per employee increase among last year’s winners. “It often seems easier to cut headcount to boost productivity, but you can’t cut your way to greatness,” says Michael C. Bush, CEO of Great Place To Work®, the global research and analytics firm that produces the 100 Best list. “It’s because these companies care for their people and prioritize well-being that they outperform. Not in spite of it.” Sixty percent more employees at the 100 Best Companies say their workplace is psychologically and emotionally healthy compared to a typical employer, according to Great Place To Work market research. Employees’ intent to stay and recruitment support are more than 50% higher at these workplaces than the typical employer. “Make a high-trust culture your No. 1 priority,” Bush advises. “When your people win, you win,” Bush says. When everyone — no matter who they are or what they do — feels cared for, they’ll take care of you. It’s a virtuous cycle of care and support.” Learn more: 4 ways the 100 Best Companies support their people The Top 10 Cisco topped the list for the third year in a row. The top 10 companies to work for are: 1. Cisco 2. Hilton 3. American Express 4. Wegmans Food Markets, Inc. 5. Accenture 6. NVIDIA Corporation 7. Atlassian, Inc. 8. Salesforce 9. Comcast NBC Universal 10. Marriott International Visuals available: 2023 100 Best Winners About the Fortune 100 Best Companies to Work For Great Place To Work surveyed companies employing 7.5 million people in the U.S. and received 1.3 million survey responses. Of those, over half a million responses were received from employees at Great Place To Work Certified ™ companies who were eligible for the 2023 100 Best, and this list is based on their feedback. To get on this list next year, start here. About Great Place To Work Great Place To Work® is the global authority on workplace culture. Since 1992, it has surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Its employee survey platform empowers leaders with the feedback, real-time reporting, and insights they need to make data-driven people decisions. Everything it does is driven by the mission to build a better world by helping every organization become a great workplace for all. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram. Contact Details Kim Peters: +1 415-844-2574 kpeters@greatplacetowork.com Company Website https://www.greatplacetowork.com/

April 04, 2023 07:00 AM Eastern Daylight Time

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