ST. LOUIS: Tinicum L.P., and affiliated funds managed by Tinicum Incorporated announced that they have acquired a controlling interest in Robert Family Holdings, LLC. Following the acquisition, Robert Family Holdings changed its name to TSL Engineered Products LLC (TSL). TSL, through its three wholly owned operating subsidiaries—Advantek, LLC, Continental Disc, LLC, and Dexter Magnetic Technologies,…
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The ODP Corporation confirms receipt of acquisition proposal from Staples
BOCA RATON: The ODP Corporation confirmed that it has received a proposal to acquire the Company from USR Parent Inc., the parent company of Staples and a portfolio company of Sycamore Partners. Consistent with its fiduciary duties, ODP’s Board of Directors is carefully reviewing the proposal in consultation with its financial and legal advisors to…
Telepin Software Systems appoints Timothy Roberts as CEO
OTTAWA: Telepin Software Systems, a global leader in mobile financial services software, announced the appointment of Timothy Roberts, as Chief Executive Officer (CEO). Timothy joins Telepin from Incognito Software – a sister company at Lumine Group and one of the first comms and media acquisitions made by Lumine’s parent company Volaris, a subsidiary of Constellation…
Energy Transfer announces Bradford D. Whitehurst as Chief Financial Officer
DALLAS: Energy Transfer LP announced that Bradford D. (Brad) Whitehurst has been named as Chief Financial Officer effective immediately. Whitehurst, age 46, brings 20 years of experience to the position having served most recently as Executive Vice President and Head of Tax for the Dallas-based midstream company. In addition to overseeing all of Energy Transfer’s…
Dollar Shave Club appoints Jason Goldberger as Chief Executive Officer
MARINA DEL REY: The Board of Directors of Dollar Shave Club (DSC), announced the appointment of Jason Goldberger as Chief Executive Officer of the company effective Jan. 19, 2021. Michael Dubin, who founded DSC in 2011, previously informed the Board of his decision to step down from his role as CEO and will remain with…
UK begins clinical trials of Covid-busting nasal spray
LONDON: The first UK clinical trials of a nasal spray proven to kill 99.9% of the coronavirus that causes Covid-19 will begin on January 11th at Ashford and St Peter’s Hospitals NHS Foundation Trust, in Surrey. The SaNOtize Nitric Oxide Nasal Spray (NONS) is designed to kill the virus in the upper airways, preventing it…
Bluenet announces strategic rebrand as Blue.cloud
TAMPA BAY: Bluenet announced a new identity and logo, website, and updated company name with the launch of Blue.cloud. Blue.cloud reflects the company’s “cloud-only” strategic focus, and more accurately describes its business, capabilities, and fundamental value proposition. Kerem Koca and Praveen Ramineni will be appointed as co-CEOs of Blue.cloud. Bluenet will continue to provide service…
Skydio CEO Adam Bry appointed to the FAA Drone Advisory Committee
REDWOOD CITY: Skydio, the leading U.S. drone manufacturer and world leader in autonomous flight, announced that Secretary of Transportation Elaine Chao has appointed Adam Bry, the Co-Founder and CEO of Skydio, to serve a two-year term on the Federal Aviation Administration’s (FAA) Drone Advisory Committee (DAC). Adam’s appointment comes at a critical time for the…
Cushman & Wakefield hires Neil Johnston as Chief Financial Officer
CHICAGO: Cushman & Wakefield, a leading global real estate services firm, has appointed Neil Johnston as Executive Vice President (EVP) and Chief Financial Officer (CFO), effective in February. Johnston’s hiring is part of a long-planned transition, as Duncan Palmer, currently CFO, announced his retirement in February 2020. “After a very thorough search and transition planning…
RH becomes a partner of the premier real estate portfolio in Aspen
CORTE MADERA: RH announced the Company is making an initial equity investment of approximately $105 million in connection with real estate development initiatives in Aspen, Colorado. The investment includes properties that will be developed into retail locations, hospitality concepts, residential developments, and workforce housing projects. Aspen has been selected to develop the first RH ecosystem…
MTI appoints Mary Jesse as Chief Executive Officer
HILLSBORO: Mobile Tech Inc. (MTI) announced the promotion of Mary Jesse to serve on MTI’s Board of Directors and as the company’s Chief Executive Officer (CEO) to drive innovation and growth while continuing to lead MTI’s digital transformation. Ms. Jesse is the first female to serve on the company’s Board of Directors. “Mary has brought…
Israeli Ministry of Health authorizes COVID-19 vaccine Moderna for use in Israel
CAMBRIDGE: Moderna Inc., a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced that Israel’s Ministry of Health (MOH) has given authorization to import the COVID-19 Vaccine Moderna in Israel. “Today’s authorization is a landmark moment in our company’s history and in the global fight against COVID-19,” said Stéphane Bancel, Chief Executive Officer…