RF Code has appointed Bob Ridout, former VP and CIO of DuPont, to its board of directors, according to a Business Wire press release.
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Pacific Life announced today that Peter J. Taylor, former CFO of the University of California and current president of ECMC Foundation, has been elected to the board of Pacific Mutual Holding Company, the ultimate parent company of Pacific Life Insurance Company, according to a Business Wire press release.
His election is effective June 1, 2016. Taylor became President of ECMC Foundation in May 2014. Based in Los Angeles, the Foundation’s mission is to inspire and to facilitate improvements that affect educational outcomes, especially among underserved populations.
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Elevate Credit, Inc., a leading provider of innovative online credit solutions for non-prime consumers, today announced that Saundra Schrock has joined its Board of Directors, effective immediately, according to a Business Wire press release.
Currently a Managing Partner at Equanimity Leadership Solutions, LLC, a consulting firm that trains leaders on effective management communications strategies, Ms. Schrock brings to Elevate more than 35 years of experience in consumer financial services.
WiTricity, the industry pioneer in wireless power transfer over distance, has appointed wireless telecommunications veteran Mary Chan to its Board of Directors effective immediately, according to a Business Wire press release.
Arabesque Asset Management is pleased to announce the appointment of Barbara J. Krumsiek as a Non-Executive Director of the company, according to a PR Newswire press release.
Krispy Kreme Becomes Private Company After Sale to JAB Beech
Krispy Kreme Doughnuts will be acquired by JAB Beech in a deal valued at $1.35 billion, according to a USA Today article.
JAB Beech will pay $21 a share in cash for Krispy Kreme, a 25% premium over the company’s Friday’s closing stock price of $16.86.
The deal will turn Krispy Kreme into a private company and is expected to close in the third quarter this year.
The company’s 1,100 stores across the country will be continue to be operated independently.
CyrusOne announced that Michael A. Klayko has joined CyrusOne’s Board of Directors. Mr. Klayko was elected at yesterday’s annual meeting of stockholders, according to a Business Wire press release.
Klayko has been Chief Executive Officer of MKA Capital, an investment company focusing on technology investments, since January 2013. Since January 2015, Mr. Klayko has also served as acting Chief Executive Officer of AOptix Technologies, a privately-held wireless communications company.
Optomec, a leading global supplier of production grade additive manufacturing systems for 3D printed metals and 3D printed electronics, announced that Annette Finsterbusch, founder of Applied Materials Venture Fund, will join the Optomec Board of Directors, according to a Business Wire press release.
Finsterbusch’s election was effective February 24, 2016. Finsterbusch was the Fund Founder and Senior Investment Director of the venture arm of Applied Materials.
Novu announced the appointment of James P. Bradley as Chairman of its Board of Directors, according to a Business Wire press release.
In this role, Mr. Bradley will bring to Novu his decades of Board experience and relationships as Novu continues its growth and momentum.