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Peter J. Taylor of ECMC Foundation Elected to the Board of Pacific Mutual Holding Company

Submitted by RChakler on Fri, 05/27/2016 - 14:12

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. 

February, 2016

Submitted by pcd@dmin on Fri, 05/20/2016 - 20:37

The March Hare CEO: Balancing over-optimism and reality, Private Company Director's top articles of 2016, the newest director appointments, news and more.

Saundra Schrock Joins Elevate’s Board of Directors

Submitted by RChakler on Wed, 05/18/2016 - 19:13

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. 

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 Announces Addition of Michael Klayko to Board of Directors

Submitted by RChakler on Wed, 05/04/2016 - 18:02

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 Welcomes Annette Finsterbusch to Board of Directors

Submitted by RChakler on Wed, 05/04/2016 - 17:58

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. 

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