Tag Archives: Executive Vice President

Microsoft Reorg Only First Step Toward Innovation

By John Kotter, Contributor

News of Microsoft’s corporate restructuring received hopeful applause from those who’ve been concerned about the company’s dwindling innovation. One observer, my colleague Randy Ottinger, says this is only the first step toward a corporate transformation. Randy Ottinger, an expert and executive coach on large-scale corporate transformations, said that Microsoft CEO Steve Ballmer must put several more pieces into place in order to complete the cultural change that will get Microsoft innovating again. In Fortune.com and Seekingalpha.com, Ottinger said the reorg is a great first step toward kick-starting innovation but, “The real question is what are they going to do post-reorganization to actually change the culture.” Ottinger’s main concern was whether new types of incentives will be put in place to change the way people behave and act. Ottinger was also interviewed by Lydia Dishman for FastCompany, saying, “It is going to be less about telling people what they need to do differently and more about engaging their hearts and minds to pursue the exciting opportunities ahead for Microsoft.” Analysts and investors will continue to watch and see if Microsoft will ride this momentum, continuing to take the further needed steps in order to institute sustained cultural change throughout the organization. Randy Ottinger is an Executive Vice President at Kotter International, a firm that helps leaders accelerate strategy implementation in their organizations. John Kotter is the chief innovation officer at Kotter International, and is the Konosuke Matsushita Professor of Leadership, Emeritus, at Harvard Business School. *** For more about how organizations can develop the agility required to succeed in today’s rapidly changing world, read Dr. Kotter’s recent article, Accelerate!” available from the Harvard Business Review. Follow John Kotter: On Twitter: @KotterIntl On Facebook: http://www.facebook.com/KotterInternational On LinkedIn: http://www.linkedin.com/in/johnkotter Sign up for the Kotter International Newsletter. …read more

Source: FULL ARTICLE at Forbes Latest

Brookings Analysts Say New Medicare Rule Sets Dangerous Precedent By Undermining Doctors

By Matthew Herper

This guest post was written by Dr. Kavita Patel and John Rother. Patel is managing director for clinical transformation and delivery at the Engelberg Center for Health Care Reform at the Brookings Institution and a practicing primary care internist. She also served in the Obama Administration as director of policy for the Office of Intergovernmental Affairs and Public Engagement in the White House. Rother is the President and CEO of the National Coalition on Health Care, a coalition of major businesses, labor unions, insurers, providers, state based benefit programs, and consumers promoting an affordable, sustainable, and fair health system. Previously, he served as Executive Vice President for Policy, Strategy, and International Affairs at AARP. …read more

Source: FULL ARTICLE at Forbes Health

The Howard Hughes Corporation Names RKF Exclusive Consultant and Leasing Agent for the South Street

By Business Wirevia The Motley Fool

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The Howard Hughes Corporation Names RKF Exclusive Consultant and Leasing Agent for the South Street Seaport


Redevelopment Poised to Attract Destination Retail, Dining and Entertainment Tenants

NEW YORK–(BUSINESS WIRE)– Following last month’s unanimous approval by the New York City Council for the redevelopment of Pier 17, The Howard Hughes Corporation (NYS: HHC) has named RKF as the exclusive consultant and leasing agent for the South Street Seaport.

The new Pier 17 (Photo: Business Wire)

With over 365,000 square feet of retail, dining and entertainment space located along the East River in Lower Manhattan, the South Street Seaport is comprised of the historic Uplands and Pier 17, south of the Brooklyn Bridge. The redevelopment plan features the complete transformation of the Pier 17 building, including enhanced and increased open space on the pier along with a new exterior façade encompassing dynamic retail space filled with distinctive stores, restaurants and neighborhood shops. Larger open spaces on the pier along with the new rooftop space – ideal for concerts, music and other entertainment events – will showcase breathtaking views of the city skyline, East River and Brooklyn Bridge. The design is contemporary yet draws from the site’s history as a bustling marketplace and renowned maritime port.

“Our vision for a revitalized and reenergized Seaport will create an unrivaled New York experience that is compelling for the ever-growing population of residents, local workers and visitors,” said David R. Weinreb, Chief Executive Officer of The Howard Hughes Corporation. “Working with RKF will ensure we bring best-in-class offerings, including acclaimed national and international retailers, local shops and destination restaurants.”

A team of RKF brokers consisting of Chairman & CEO Robert K. Futterman, Executive VP Karen Bellantoni and Associate Tess Jacoby will represent The Howard Hughes Corporation on this landmark assignment. The RKF professionals will work in close collaboration with a team of The Howard Hughes Corporation executives, including Keith Laird, Executive Vice President of Leasing, and Michelle Waak, Vice President of Leasing.

“We are honored to have been chosen by The Howard Hughes Corporation to help transform the South Street Seaport and create the most vibrant retail and entertainment venue in Lower Manhattan,” said Robert K. Futterman. “Our deep expertise with urban

From: http://www.dailyfinance.com/2013/04/18/the-howard-hughes-corporation-names-rkf-exclusive-/

KAR Auction Services, Inc. to Announce First Quarter 2013 Earnings

By Business Wirevia The Motley Fool

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KAR Auction Services, Inc. to Announce First Quarter 2013 Earnings

CARMEL, Ind.–(BUSINESS WIRE)– KAR Auction Services, Inc. (NYS: KAR) announced today that it will be releasing its first quarter 2013 earnings on Wednesday, May 1, 2013.

KAR Auction Services, Inc. will also be hosting an earnings conference call and webcast on Thursday, May 2, 2013 at 11:00 a.m. EDT (10:00 a.m. CDT). The call will be hosted by KAR Auction Services, Inc.’s Chief Executive Officer, Jim Hallett and Executive Vice President and Chief Financial Officer, Eric Loughmiller. The conference call may be accessed by calling 1-888-466-4414and entering participant passcode 156725 while the live web cast will be available at the investor relations section of www.karauctionservices.com.

A replay of the call will be available for two weeks via telephone starting approximately 30 minutes after the completion of the call. The replay may be accessed by calling 1-888-203-1112and entering pass code 1235452. The archive of the web cast will also be available following the call and will be available at the investor relations section of www.karauctionservices.com for a limited time.


About KAR Auction Services, Inc.

KAR Auction Services, Inc. (NYS: KAR) is the holding company for ADESA, Inc. (“ADESA”), Insurance Auto Auctions, Inc. (“IAA”), and Automotive Finance Corporation (“AFC”). ADESA is a leading provider of wholesale used vehicle auctions with 67 North American locations and its subsidiary OPENLANE provides a leading Internet automotive auction platform. Insurance Auto Auctions is a leading salvage vehicle auction company with 163 sites across North America. Automotive Finance Corporation is a leading provider of floorplan financing to independent and franchise used vehicle dealers with 104 sites across North America. Together, KAR Auction Services provides a unique, comprehensive, end-to-end solution for our customers’ remarketing needs. Visit karauctionservices.com for additional information.

KAR Auction Services, Inc.
Treasurer and Vice President, Investor Relations
Jonathan Peisner, 317-249-4390
jonathan.peisner@karauctionservices.com

KEYWORDS:   United States  North America  Indiana

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The article KAR Auction Services, Inc. to Announce First Quarter 2013 Earnings originally appeared on Fool.com.

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From: http://www.dailyfinance.com/2013/04/17/kar-auction-services-inc-to-announce-first-quarter/

Bulls' Hamilton suspended for actions vs. Raptors

Chicago Bulls guard Richard Hamilton has been suspended one game without pay for throwing an elbow and making contact with the face of Toronto Raptors guard DeMar DeRozan, it was announced today by Stu Jackson, Executive Vice President, Basketball Operations.

From: http://www.nba.com/2013/news/04/13/bulls-hamilton-suspended/index.html?rss=true

Time Warner Cable Launches "The Coach" TV Campaign

By Business Wirevia The Motley Fool

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Time Warner Cable Launches “The Coach” TV Campaign

Super Bowl Winning Coach Bill Cowher Signs Multi-year Deal to Coach Time Warner Cable Into The Demonstration Phase of Its ‘Enjoy Better’ Campaign

NEW YORK–(BUSINESS WIRE)– Time Warner Cable today announced the launch of “The Coach” TV campaign, the second phase of its national campaign. Following the footsteps of its original announcement at the beginning of the year, Time Warner Cable is now ready to demonstrate how it got better with the help of Coach Bill Cowher – the company’s consumer advocate for its products and services. The first phase of the campaign declared the points of competitive differentiation and the benefits of switching to Time Warner Cable for The Better Guarantee – a 30-day money back guarantee.

“The Coach” TV campaign is comprised of five TV spots featuring Coach Cowher‘s demonstrations of how he is set to take Time Warner Cable to the next level. The campaign is headlined by a spot featuring three top athletes in the world of Sports including, football wide receiver, Victor Cruz; professional golfer, Ian Poulter; and NASCAR driver, Kasey Kahne. Together, the three demonstrate how Time Warner Cable customers can enjoy the most sports content on all types of devices at the same time.

Coach Cowher is well positioned to be the personification of how Time Warner Cable operates as a company today,” said Jeffrey A. Hirsch, Executive Vice President and Chief Marketing and Sales Officer, Residential Services of Time Warner Cable. “We are excited to have Coach Cowher on board and look forward to seeing how he inspires us to do better while motivating customers to experience the Time Warner Cable difference.”

This multi-media campaign, featuring Coach Cowher, will continue to ramp up over the coming months. TV spots will debut across the company’s footprint and will communicate a plethora of products and benefits like the company’s exclusive Look Back® feature which allows customers to watch Primetime shows up to 72 hours after they’ve aired; improved fiber rich Internet speeds, reaching download speeds of up to 50Mbps (75Mbps in Dallas and 100Mbps in Kansas City and soon in New York and Los Angeles) to support all devices in the home; exclusive Start Over® feature allowing customers to restart shows already in progress; more On Demand choices with a selection of over 15,000 movies and shows ready to be watched instantly; the TWC TV app that provides Digital TV customers with access to up to 250 channels

From: http://www.dailyfinance.com/2013/04/12/time-warner-cable-launches-the-coach-tv-campaign/

Vanguard Natural Resources, LLC to Switch Stock Exchange Listing to The NASDAQ Stock Market

By Business Wirevia The Motley Fool

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Vanguard Natural Resources, LLC to Switch Stock Exchange Listing to The NASDAQ Stock Market

HOUSTON–(BUSINESS WIRE)– Vanguard Natural Resources, LLC (NYS: VNR) (“Vanguard”) announced today its intention to voluntarily transfer its stock exchange listing from the New York Stock Exchange (“NYSE”) to The NASDAQ Global Select Market (“NASDAQ”), an exchange of The NASDAQ OMX Group Inc. (NAS: NDAQ) . Vanguard currently expects that its Class A common units will commence trading on the NASDAQ on April 23, 2013 and will continue to be listed under the ticker symbol “VNR.” Vanguard’s common units will continue to trade on the NYSE until the transfer has been completed.

Scott W. Smith, President & Chief Executive Officer, commented, “After careful consideration, we believe the NASDAQ will provide our unitholders with access to an advanced trading platform and will be a more cost effective platform for Vanguard currently and even more so in the future as we continue to grow. In addition, NASDAQ offers quantitative and qualitative governance standards more beneficial to listed companies with significant retail unitholders, particularly those related to quorum requirements.”

“We are proud to welcome Vanguard Natural Resources to NASDAQ’s family of premier energy companies,” said Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX. “Vanguard Natural Resources joins more than 130 companies to transfer their listings to The NASDAQ Stock Market in recent years, and we look forward to supporting VNR and its unitholders in the years to come.”

About Vanguard Natural Resources, LLC

Vanguard Natural Resources, LLC is a publicly traded limited liability company focused on the acquisition, production and development of mature, long-lived oil and natural gas properties in the United States. The Company’s assets consist primarily of producing and non-producing oil and natural gas reserves located in the Arkoma Basin in Arkansas and Oklahoma, Permian Basin in West Texas and New Mexico, the Big Horn Basin in Wyoming and Montana, the Piceance Basin in Colorado, South Texas, the Williston Basin in North Dakota and Montana, the Wind River Basin in Wyoming, the Powder River Basin in Wyoming and Mississippi. More information on Vanguard can be found at www.vnrllc.com.

Forward-Looking Statements

We make statements in this news release that are considered forward-looking statements

From: http://www.dailyfinance.com/2013/04/11/vanguard-natural-resources-llc-to-switch-stock-exc/

MOL Group and Wood Group Executives Join AspenTech OPTIMIZE™ 2013 Keynote Lineup

By Business Wirevia The Motley Fool

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MOL Group and Wood Group Executives Join AspenTech OPTIMIZE™ 2013 Keynote Lineup

Dr. Béla Kelemen, SVP, MOL Group Supply Chain Management, and John Kearney, Technical Director, Wood Group to Share Industry Perspectives for Global Process Manufacturing and Engineering Companies

BURLINGTON, Mass.–(BUSINESS WIRE)– Aspen Technology, Inc. (NAS: AZPN) , a leading provider of software and services to the process industries, announced the addition of Dr. Béla Kelemen, Senior Vice President of MOL Group Supply Chain Management (SCM), and John Kearney, Technical Director of Wood Group, to address AspenTech’s global audience at OPTIMIZE 2013. Kelemen and Kearney join Professor George Stephanopoulos of the Massachusetts Institute of Technology (MIT), and AspenTech’s President and CEO Mark Fusco and Executive Vice President, Manolis Kotzabasakis, as headline speakers at OPTIMIZE 2013‘s opening plenary session.

Dr. Kelemen is Senior Vice President of MOL Group Supply Chain Management. Previously, he served as Senior Vice President of MOL Group Refining and Marketing and Vice President of MOL Group Refining. Before joining MOL Group, Kelemen held various senior-level sales and trading roles, including Director of Refinery & Marketing at Slovnaft, where he now serves as a board member.

John Kearney, Technical Director, Wood Group, has more than 30 years of industry experience, holding senior leadership positions in engineering, construction, and operations and maintenance. He has worked with the world’s leading Exploration & Production companies including Shell, BP and ExxonMobil.

Professor George Stephanopoulos is the Arthur D. Little Professor of Chemical Engineering at MIT, and a Principal Investigator in the Process Systems Engineering Lab. He has received numerous honors and awards over the years, and is the author of Intelligent Systems in Process Engineering: Paradigms for Product and Process Design and Chemical Process Control: An Introduction to Theory and Practice.

About the AspenTech OPTIMIZE Conference

AspenTech’s OPTIMIZE is the only conference dedicated to the exchange of engineering, manufacturing, and supply chain best practices for the process industries. OPTIMIZE brings together thought leaders, influencers, and experts from the top process manufacturers and engineering firms worldwide to share insight to reduce costs, improve margins, and increase profit using aspenONE® software.

Featuring nearly 100 real-world cases presented by AspenTech customers, OPTIMIZE 2013 will take place in Boston from May 6-8. Sponsors and media partners include Microsoft, AIChE, Applied Control

From: http://www.dailyfinance.com/2013/04/11/mol-group-and-wood-group-executives-join-aspentech/

Intevac Photonics Receives Additional Delivery Order for Digital Night Vision Camera Modules

By Business Wirevia The Motley Fool

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Intevac Photonics Receives Additional Delivery Order for Digital Night Vision Camera Modules

SANTA CLARA, Calif.–(BUSINESS WIRE)– Intevac Photonics, a subsidiary of Intevac, Inc. (NAS: IVAC) announced today it has received a follow-on order for digital night vision camera modules from our NATO customer. This order brings the total ordered to over 6,000 units with more than 5,000 shipped to date. Our digital night vision camera module incorporates Intevac’s patented sensor design, which utilizes EBAPS® technology to produce digital imaging sensors and cameras for extreme low light-level detection.

“We are very pleased to receive this additional production order with deliveries that will continue to this customer through 2014,” commented Drew Brugal, Executive Vice President and General Manager of Intevac Photonics. “This is the largest ground force deployment for our digital night vision camera module and exemplifies Intevac’s position as a leading supplier of digital night vision products to the military.”

About Intevac

Intevac was founded in 1991 and has two businesses: Equipment and Intevac Photonics.

In our Equipment business, we are a leader in the design, development and manufacturing of high-productivity, vacuum process equipment solutions. Our systems are production-proven for high-volume manufacturing of small substrates with precise thin film properties, such as those required in the hard drive and solar cell markets.

In the hard drive industry, our 200 Lean® systems process approximately 60% of all magnetic disk media produced worldwide. In the solar cell manufacturing industry, our LEAN SOLAR™ systems increase the conversion efficiency of silicon solar cells.

In our Photonics business, we are a leader in the development and manufacturing of leading-edge, high-sensitivity imaging products and vision systems. Our products primarily address the defense markets.

For more information call 408-986-9888, or visit the company’s website at www.intevac.com.

Safe Harbor Statement

This press release includes statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 (the “Reform Act“). Intevac claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms “may,” “believes,” “projects,” “expects,” or “anticipates,” and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to, the

Source: FULL ARTICLE at DailyFinance

Glimcher Completes Financing of University Park Village in Fort Worth, Texas

By Business Wirevia The Motley Fool

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Glimcher Completes Financing of University Park Village in Fort Worth, Texas

COLUMBUS, Ohio–(BUSINESS WIRE)– Glimcher Realty Trust (NYSE: GRT) announced today that it recently closed on a $55.0 million mortgage loan secured by University Park Village located in Fort Worth, Texas. The new loan has a fixed interest rate of 3.85% per annum and a fifteen year term. The new loan replaces the $60.0 million term loan that was executed in connection with the purchase of University Park Village in January 2013.

“We are pleased with the strong execution on this permanent financing for University Park Village,” stated Mark E. Yale, Executive Vice President and CFO. “These favorable terms further validate the quality of the property,” added Mr. Yale.

About Glimcher Realty Trust

Glimcher Realty Trust, a real estate investment trust, is a recognized leader in the ownership, management, acquisition and development of retail properties, including mixed use, open-air and enclosed regional malls as well as outlet centers. Glimcher owns material interests in and manages 29 properties with total gross leasable area totaling approximately 21.7 million square feet.

Glimcher Realty Trust‘s common shares are listed on the New York Stock Exchange under the symbol “GRT.” Glimcher Realty Trust‘s Series G, Series H, and Series I preferred shares are listed on the New York Stock Exchange under the symbols “GRTPRG”, “GRTPRH,” and “GRTPRI” respectively. Glimcher Realty Trust is a component of both the Russell 2000® Index, representing small cap stocks, and the Russell 3000® Index, representing the broader market. Glimcher® is a registered trademark of Glimcher Realty Trust.

Forward Looking Statements

This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. Risks and other factors that might cause differences, some of which could be material, include, but are not limited to, economic and market conditions, tenant bankruptcies, bankruptcies of joint venture (JV) partners, rejection of leases by tenants in bankruptcy, financing and development risks, construction and lease-up delays, cost overruns,

Source: FULL ARTICLE at DailyFinance

Taylor Morrison Celebrates Initial Public Offering and First Day of Trading on the New York Stock Ex

By Business Wirevia The Motley Fool

School Bus SC Top teachers union apologist sends her children to a private school!

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Taylor Morrison Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange

NEW YORK–(BUSINESS WIRE)– Scottsdale, Ariz.-based Taylor Morrison, a leading builder and developer of single-family detached and attached homes, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “TMHC” after its initial public offering. Barclays Capital is the Designated Market Maker (DMM) for the company’s stock. President and Chief Executive Officer Sheryl Palmer, joined by members of the Taylor Morrison management team, celebrated the company’s first day of trading by visiting the NYSE trading floor for the stock opening and by ringing The Opening Bell®.

Taylor Morrison President and Chief Executive Officer Sheryl Palmer, joined by members of the Taylor Morrison management team, rings the NYSE Opening Bell(R) to celebrate the company’s IPO and first day of trading on the NYSE. (Source: NYSE Euronext photo)

“We welcome Taylor Morrison in joining the NYSE‘s community of listed companies,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. With its diverse line of consumer housing, Taylor Morrison offers a suite of brands to best serve the needs of its customers. “We look forward to a successful and lasting partnership with Taylor Morrison and its shareholders.”

For more information on NYSE Euronext’s listings business and to learn about trends in the IPO market, please visit the NYSE Euronext IPO Center.

About Taylor Morrison (NYSE: TMHC)

Headquartered in Scottsdale, Arizona, the Company operates in the U.S. under the Taylor Morrison and Darling Homes brands and in Canada under the Monarch brand. Taylor Morrison is a land developer and builder of single-family detached and attached homes serving a wide array of customers from first-time buyers and move-up families to luxury and active adult customers. Taylor Morrison divisions operate in Arizona, California, Colorado, Florida and Texas. Darling Homes serves move-up families and luxury homebuyers in Texas. Monarch, Canada‘s oldest homebuilder builds homes for first-time buyers and move-up families in Toronto and Ottawa as well as high rise condominiums in Toronto.

For more information about Taylor Morrison, Darling Homes or Monarch, please visit www.taylormorrison.com, www.darlinghomes.com and www.monarchgroup.net.

About NYSE Euronext

NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies.

Source: FULL ARTICLE at DailyFinance

Affymetrix and BioDiscovery Announce Software for Analysis of Whole Genome Copy Number Data Generate

By Business Wirevia The Motley Fool

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Affymetrix and BioDiscovery Announce Software for Analysis of Whole Genome Copy Number Data Generated From FFPE Solid Tumor Samples for Accelerating Cancer Translational Research

SANTA CLARA, Calif.–(BUSINESS WIRE)– Affymetrix, Inc. (NAS: AFFX) and BioDiscovery announce the availability of the Nexus for OncoScan® Software for analysis of whole genome copy number data generated from formalin-fixed, paraffin-embedded (FFPE) solid tumor samples using the OncoScan® FFPE Express 2.0 Service. Through a joint arrangement, this software, based on BioDiscovery’s flagship Nexus Copy Number™, is available to customers who are analyzing data generated using this service.

Obtaining high-quality copy number data using limited amounts of DNA from degraded FFPE samples is extremely challenging for cancer researchers. Utilizing Affymetrix‘ unique Molecular Inversion Probe (MIP) technology, the OncoScan FFPE assay is capable of analyzing highly degraded DNA in FFPE tumor samples, even from less than 100 ng of starting DNA material, and is currently available as a service through Affymetrix Research Service Laboratory (ARSL) based in Santa Clara, California.

OncoScan FFPE Express 2.0 Service has been successfully used by more than 30 leading cancer research institutes, including M. D. Anderson Cancer Center, University of California San Francisco, and the Huntsman Cancer Institute at the University of Utah.

“Cancer translational researchers have been able to quickly and easily analyze hundreds of degraded FFPE samples to correlate copy number aberrations with outcomes data,” said Andy Last, Executive Vice President of the Genetic Analysis and Clinical Applications Business Unit at Affymetrix. “Nexus for OncoScan Software is especially optimized for solid tumor copy number analysis and can generate whole genome copy number calls from raw data in minutes. We are very excited to continue to partner with BioDiscovery to bring this powerful and easy-to-use software to the cancer research community.”

“The OncoScan FFPE assay is an amazing technology for cancer researchers allowing them to unlock DNA information from masses of archived FFPE samples to obtain high quality data,” said Soheil Shams, President of BioDiscovery. “Combining the powerful OncoScan FFPE technology with the proven power of Nexus Copy Number gives scientists a unique solution that is sure to accelerate cancer research, impact diagnosis, and ultimately lead to better patient care and treatment. We are very pleased to partner with Affymetrix in offering this powerful solution.”

A next generation OncoScan FFPE product will be available in late 2013 enabling researchers to perform the assay and analysis in their own lab. Delivering results in about 48 hours, this new product will provide whole genome copy number …read more

Source: FULL ARTICLE at DailyFinance

Air Lease Corporation Announces the Delivery of One New Airbus A330-300 to Sichuan Airlines

By Business Wirevia The Motley Fool

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Air Lease Corporation Announces the Delivery of One New Airbus A330-300 to Sichuan Airlines

LOS ANGELES–(BUSINESS WIRE)– Today Air Lease Corporation (NYS: AL) announced the delivery of one new Airbus A330-300 wide-body aircraft (MSN 1397) on lease to Sichuan Airlines (Chengdu, China) for twelve years.

Sichuan Airlines has been a strong customer of Air Lease Corporation since July 2010 and we are pleased that our A330 will now enter service and operate on the airline’s highest density trunk routes,” said Jie Chen, Executive Vice President of Air Lease Corporation.

Sichuan Airlines operates both Airbus A320 family and A330 family aircraft on lease from ALC.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

About Air Lease Corporation (NYS: AL)

ALC is an aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline partners worldwide through customized aircraft leasing and financing solutions. For more information, visit ALC‘s website at www.airleasecorp.com.

Air Lease Corporation
Investors:
Ryan McKenna
Assistant Vice President
Strategic Planning and Investor Relations
310-553-0555
rmckenna@airleasecorp.com
or
Media:
Laura St. John
Media and Investor Relations Coordinator
310-553-0555
lstjohn@airleasecorp.com

KEYWORDS:   United States  Asia Pacific  North America  China  California

INDUSTRY KEYWORDS:

The article Air Lease Corporation Announces the Delivery of One New Airbus A330-300 to Sichuan Airlines originally appeared on Fool.com.

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Copyright © 1995 – 2013 The Motley Fool, LLC. All …read more

Source: FULL ARTICLE at DailyFinance

Wilshire Bancorp, Inc. Announces First Quarter 2013 Earnings Conference Call

By Business Wirevia The Motley Fool

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Wilshire Bancorp, Inc. Announces First Quarter 2013 Earnings Conference Call

LOS ANGELES–(BUSINESS WIRE)– Wilshire Bancorp, Inc. (NAS: WIBC) , will hold its quarterly conference call to discuss first quarter results on Tuesday, April 23, 2013, at 11:00 A.M. PDT (2:00 P.M. EDT).

The financial results for the first quarter ended March 31, 2013 will be released after market close on April 22, 2013. The conference call will be hosted by J.W. Yoo, President and Chief Executive Officer and Alex Ko, Executive Vice President and Chief Financial Officer.

This call is being webcast by Thomson/CCBN and can be accessed at www.wilshirebank.com. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com, Thomson’s individual investor portal, powered by StreetEvents. Institutional investors can access the call via Thomson StreetEvents (www.streetevents.com), a password-protected event management site, or by dialing toll-free 866-953-6857 (domestic) or 617-399-3481 (international) and providing passcode number 48466954.

The replay will be available for one year on both websites and a telephone replay will be available until April 30, 2013 by dialing 888-286-8010 (domestic) or 617-801-6888 (international) and entering passcode 72662600.

About Wilshire Bancorp, Inc.:

Headquartered in Los Angeles, Wilshire State Bank operates 24 branch offices in California, Texas, New Jersey and New York, and eight loan production offices in Dallas and Houston, TX, Atlanta, GA, Aurora, CO, Annandale, VA, Fort Lee, NJ, Newark, CA, and Bellevue, WA, and is an SBA preferred lender nationwide. Wilshire State Bank is a community bank with a focus on commercial real estate lending and general commercial banking, with its primary market encompassing the multi-ethnic populations of the Los Angeles Metropolitan area. Wilshire Bancorp‘s strategic goals include increasing shareholder and franchise value by continuing to grow its multi-ethnic banking business and expanding its geographic reach to other similar markets with strong levels of small business activity.

Wilshire Bancorp, Inc.
J.W. Yoo, President & CEO
213-639-1843
or
Alex Ko, EVP & CFO
213-427-6560
www.wilshirebank.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article Wilshire Bancorp, Inc. Announces First Quarter 2013 Earnings Conference Call originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering …read more

Source: FULL ARTICLE at DailyFinance

Mobile Mini Announces Chief Operating Officer Transition

By Business Wirevia The Motley Fool

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Mobile Mini Announces Chief Operating Officer Transition

Phillip H. Hobson Appointed Executive Vice President, Operations

TEMPE, Ariz.–(BUSINESS WIRE)– Mobile Mini, Inc. (NASDAQ GS: MINI) today announced that Chief Operating Officer Jody Miller has decided to leave the Company at the end of April. The Company has appointed Phillip H. Hobson as Executive Vice President, Operations to succeed Mr. Miller. Mr. Hobson previously served as Senior Vice President, Operations-Northern Division at RSC Holdings Inc. until it was acquired by United Rentals, Inc. in April 2012.

Mr. Hobson, age 46, will assume responsibility for the Company’s North American operations as of April 11th and will report to Erik Olsson, President and Chief Executive Officer.

“Phil has a long and successful track record in the rental industry and we are very pleased he has accepted this crucial role with Mobile Mini,” said Mr. Olsson. “Phil has demonstrated experience in sharpening operating focus and achieving strong sustained financial growth, which has earned him a well deserved reputation for excellence. Combining his experience with the Company’s proven business model will produce significant opportunities for creating value for shareholders, servicing our customers, and engaging our employees.”

Mr. Hobson served as RSC’s Senior Vice President, Operations-Northern Division from 2009 until 2012, during which he was responsible for over $700 million in annual total revenues, 190 rental locations across the Northern U.S. and Canada, 1,800 employees and $1.1 billion in rental assets. From 2007-2009, Mr. Hobson was RSC’s Senior Vice President, Corporate Operations where his duties included responsibility for marketing, IT, purchasing, fleet management, its customer care call center, operational excellence, national accounts and M&A. Mr. Hobson joined RSC in 1998 and served in various financial roles of increasing responsibility until becoming involved in operations in 2005.

Mr. Hobson is an economics graduate of the University of California at Santa Cruz.

“We have assured a smooth transition by having Phil and Jody work side by side for a period of time. On behalf of the Company I want to thank Jody for all his hard work, dedication and strong contributions over the years at Mobile Mini,” said Mr. Olsson. “We wish him all the best as he pursues the next phase of his career.”

About Mobile Mini

Mobile Mini, Inc. is the world’s leading provider of …read more

Source: FULL ARTICLE at DailyFinance

Pitney Bowes Reorganizing Operations; Shearer, Wright Named to Senior Roles

By Business Wirevia The Motley Fool

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Pitney Bowes Reorganizing Operations; Shearer, Wright Named to Senior Roles

New Leadership for Mailing, Software Businesses

STAMFORD, Conn.–(BUSINESS WIRE)– Pitney Bowes Inc. (NYS: PBI) today announced it is planning to reorganize its business operations and is making two leadership appointments in newly-constituted SMB Mailing and Software businesses. Mark Shearer is joining the company as Executive Vice President and President, Pitney Bowes SMB Mailing Solutions and Mark Wright is joining as Executive Vice President and President, Pitney Bowes Software Solutions. These appointments are a continuation of the reorganization of business operations that began with the previously-announced establishment of the Global Client Services organization and the appointment of Kevin Connolly last month.

Mark Shearer, newly-appointed EVP and President, Pitney Bowes SMB Mailing Solutions (Photo: Business Wire)

Shearer and Wright will join the company on April 15, and both will report directly to President and CEO Marc Lautenbach.

As president of Pitney Bowes SMB Mailing Solutions, Shearer takes on the leadership of an organization that will be focused on mailing products and technologies worldwide in the small and medium sized marketplace. Pitney Bowes has been a world leader in this business for 93 years. Shearer’s role is to drive an ever-improving client experience to this marketplace, to move best products and practices rapidly across national borders and markets, and to simplify the ways in which clients can interact with the company in the future.

Shearer had a 30-year career at IBM, where he held a broad range of general management, business and product strategy, and marketing senior leadership positions. He led both startup and mature businesses, with deep experience in the SMB space, and excelled at leading complex global organizations. Notable accomplishments at IBM included leading IBM‘s first pre-defined services package for small and medium size clients, leading worldwide sales relationships with large financial institutions and creating growth with telecom and media clients in Asia Pacific. He also held senior roles in marketing, which included the successful re-launch of the IBM mainframe, leading the $2B IBM System I business, and, in his last role at IBM, serving as VP of Marketing and Strategy for IBM‘s $20B hardware businesses.

As President of Pitney Bowes Software, Wright will take over an expanded portfolio that will bring into one organization a broader spectrum of the company’s software offerings. In addition to …read more

Source: FULL ARTICLE at DailyFinance