SANTA CLARITA: California Resources Corporation announced that Todd A. Stevens, President and Chief Executive Officer, will be leaving the Company on December 31. Mark A. (Mac) McFarland, the Company’s Executive Chairman, will serve as interim Chief Executive Officer and James N. Chapman will serve as Lead Independent Director. The Board of Directors will launch a…
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Kindred Healthcare appoints Jason Zachariah President and Chief Operating Officer
LOUISVILLE: Kindred Healthcare LLC announced the appointment of Jason Zachariah as President and Chief Operating Officer, effective immediately. Mr. Zachariah will oversee Kindred’s Hospital Division, Kindred Rehabilitation Services (“KRS”), and Kindred Behavioral Health. Benjamin A. Breier, Kindred’s Chief Executive Officer, said, “Jason has a proven record of driving operational results, encouraging innovation, and enhancing our…
FedEx to ship first wave of Moderna COVID-19 vaccines across United States
MEMPHIS: FedEx Express, a subsidiary of FedEx Corp., announced that operations are in motion to transport Moderna’s COVID-19 vaccines for McKesson Corp. throughout the United States. Following the Food and Drug Administration’s approval of Emergency Use Authorization for the Moderna COVID-19 vaccine, FedEx Express will begin transport of the vaccine and kits of supplies for…
JetBlue commences winter seasonal service to Telluride
NEW YORK: JetBlue announced its new winter seasonal service to Telluride, Colo. has begun. “JetBlue’s new seasonal service in Telluride – via Montrose Regional Airport – is the latest example of JetBlue adapting its route map to better serve customers in this new travel environment,” said Andrea Lusso, vice president network planning, JetBlue. “At the…
Golden Falcon Acquisition Corp. raising an aggregate $345 million in its IPO
NEW YORK: Golden Falcon Acquisition Corp. announced the underwriters of its previously announced initial public offering (IPO) will issue an additional 4.5 million units at a public offering price of $10 per unit resulting in an aggregate of $345 million being raised at the closing of the offering, which is expected to occur on December…
Blackstone Real Estate Income Trust acquires Simply Self Storage for $1.2 billion
NEW YORK: Blackstone Real Estate Income Trust (BREIT) has completed its previously announced acquisition of Simply Self Storage from a Brookfield Asset Management real estate fund for approximately $1.2 billion, a news release said. Simply Self Storage’s high-quality portfolio comprises eight million square feet across the U.S. With this acquisition, BREIT becomes the third largest…
Abaxx Technologies launches on NEO Exchange
TORONTO: Abaxx Technology Corp. Ltd., a development stage financial technology business and global commodities exchange, launched on NEO Exchange. Abaxx is now available for trading under the symbol NEO:ABXX. Founded in 2018, Abaxx develops software tools that enable commodity traders and finance professionals to communicate, manage risk, and transact faster and more securely. The Company…
Publix ranked most trusted grocery retailer by Winsight
LAKELAND: Winsight Grocery Business, a leading information services company, recognized Publix as the most trusted grocery retailer in its fourth annual report on consumer confidence in supermarkets. The factors which inspired the most trust among Publix customers were quality of fresh produce, lowest prices, quality of fresh meat and response to COVID-19. Publix also took…
MedMen appoints Reece Fulgham as interim CFO
LOS ANGELES: MedMen Enterprises Inc., a leading cannabis retailer with operations across the United States, named Reece Fulgham as Interim Chief Financial Officer. Fulgham will oversee MedMen’s finance and accounting operations beginning Monday, December 21, 2020. Zeeshan Hyder is stepping down as Chief Financial Officer and will remain with the company through early January, ensuring…
Shane Jacobson selected CEO of V Foundation for Cancer Research
CARY: The V Foundation for Cancer Researchappointed Shane Jacobson as the new chief executive officer upon the retirement of Susan Braun in January 2021. Jacobson, currently president and CEO of the University of Vermont Foundation (UVM), brings with him two decades of record-breaking fundraising experience. Combining his passion for sports and eradicating cancer, this new…
Timothy Mullany to join Jack in the Box Inc. as new CFO
SAN DIEGO: Jack in the Box Inc. announced that Timothy Mullany will join the company as Executive Vice President and Chief Financial Officer, effective January 18, 2021. Mullany is a well-rounded finance leader with more than 20 years of experience in the restaurant industry, as well as hyper-growth concepts, both public and private. Most recently,…
SEC charges Robinhood Financial with misleading customers
WASHINGTON D.C.: The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms to execute customer orders. Robinhood agreed to pay…