RIYADH: Mobile Telecommunication Company Saudi Arabia (Zain KSA) announced its annual consolidated financial results for the year ending on 2023-12-31, revealing the highest revenues in its history, amounting to SAR 9.9 billion, a 8.9% growth as compared to 2022. The company attributed this increase to the growth in business-to-business (B2B), 5G, digital products, wholesale and…
Mitsubishi Electric and Dispel partner to boost their operational technology security businesses
Mitsubishi Electric Corporation (TOKYO: 6503) and Dispel, a leading provider of zero trust remote access and moving target defense networks, have announced a strategic partnership to expand their operational technology (OT) security businesses. The partnership will combine Mitsubishi Electric’s factory-automation (FA) equipment and OT security solutions with Dispel’s secure remote-access technology to offer a Zero…
CL Hotels acquires Circa 39 Hotel in Miami Beach, plans major renovation and rebranding
CL Hotels, a sponsor of hospitality investments in the U.S., has announced the acquisition of Circa 39 Hotel, a 97-room boutique property in the Mid-Beach area of Miami Beach. The hotel is surrounded by some of the most exclusive hotels in the city, such as Faena, Soho House, Aman Miami, and The Confidante. The company…
DRB Group acquires Florida’s luxury builder Biscayne Homes
DRB Group, a leading residential homebuilder in the United States, has announced its acquisition of Biscayne Homes, a premium builder brand in the Tampa market. The deal will expand DRB Group’s presence in the Southeast region and add a luxury brand to its portfolio. Biscayne Homes, founded in 2017, is known as “Florida’s Luxury Builder”…
Toku hires Barry Flanagan as COO to boost customer experience and growth
Toku, the global leader in token compensation, announced today that Barry Flanagan has joined the company as the Chief Operating Officer (COO). Barry Flanagan is a co-founder of Immedis, a leading global payroll company recently acquired by UKG, and a highly qualified Chartered Accountant and Chartered Tax Consultant with over 15 years of experience. As…
Five Point Holdings Appoints Mike Alvarado as Chief Operating Officer
Five Point Holdings, LLC (NYSE:FPH), a leading developer of large mixed-use planned communities in coastal California, has announced the appointment of Mike Alvarado as its Chief Operating Officer, effective immediately. Alvarado will also retain his role as the Company’s Chief Legal Officer, Vice President and Secretary. Alvarado is a seasoned executive with over 30 years…
OncoNano Medicine Names Dr. Kartik Krishnan as New CEO
OncoNano Medicine, a biotechnology company developing innovative cancer therapies, announced today that Dr. Kartik Krishnan, MD, PhD, has been appointed as its new Chief Executive Officer (CEO) and member of the Board of Directors. Dr. Krishnan, who joined OncoNano as Chief Medical Officer in 2022 and became President and Head of Research and Development in…
Imperial Dade acquires Brawner Paper Company, expands presence in Texas
Imperial Dade, a leading North American distributor of foodservice packaging supplies, industrial products, and janitorial supplies, has acquired Brawner Paper Company, Inc., a Houston-based paper and janitorial supply company. This is the 81st acquisition for Imperial Dade, which serves more than 120,000 customers across North America. Brawner Paper Company, founded in 1946, has been a…
What is a Chief Commercial Officer (CCO)?
A chief commercial officer (CCO) is a senior executive who is responsible for the commercial strategy and development of an organization. A CCO oversees the activities related to marketing, sales, product development and customer service to drive business growth and market share. A CCO also ensures that the organization’s commercial policies and objectives are aligned…
What is a chief operating officer (COO)?
A chief operating officer (COO) is a senior executive who oversees the day-to-day operations of a company. The COO works closely with the chief executive officer (CEO) and other top-level managers to implement the company’s vision, strategy, and goals. The COO is also responsible for managing the performance, efficiency, and quality of various departments and…
Atria Management Company Names Holly Belter-Chesser as New CEO
Atria Management Company, a leading operator of senior living communities, announced today that Holly Belter-Chesser will take over as its new Chief Executive Officer, succeeding John Moore, who is stepping down after 25 years. Ms. Belter-Chesser has been with Atria for 15 years, serving in various leadership roles, including Chief Financial Officer and Chief Administrative…
Unveiling the Power of Appy Pie’s AI Design Suite: Turning Ideas into Reality
In today’s fast-paced digital world, the ability to transform ideas into captivating visuals is crucial for businesses and individuals alike. Design plays a pivotal role in conveying messages, establishing brand identity, and captivating audiences. With the emergence of artificial intelligence (AI) technologies, the landscape of design has undergone a significant evolution. Appy Pie, a leading…