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2025-01-25
CAMDEN, N.J.--(BUSINESS WIRE)--Dec 3, 2024-- The Campbell’s Company (NASDAQ: CPB) (Campbell’s) announced today that its Board of Directors has elected Mick Beekhuizen to succeed Mark Clouse as President and CEO. Beekhuizen has also been elected a Director of the company, both effective Feb. 1, 2025. Until then, Beekhuizen will continue in his role as President, Meals & Beverages. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241203572681/en/ Mick Beekhuizen (Photo: Business Wire) Campbell’s Chair of the Board of Directors Keith McLoughlin said, “The Board has had a strong CEO succession process in place for the last several years, and we are fortunate to have a deep bench of talented executives prepared to lead the company as CEO. Mick is a superb leader with a track record of success. The Board is confident that he has all the requisite skills and capabilities to continue to drive the strategy that has delivered consistently strong results and created value for shareholders.” Beekhuizen will become the 15th CEO in the company’s 155-year history. He joined Campbell’s in September 2019 as Chief Financial Officer and since 2022 has served as President of the company’s $5.3 billion Meals & Beverages division. He is an accomplished leader with a record of financial, commercial and operational excellence. Beekhuizen has delivered strong performance in the Meals & Beverages division and played a key role in the $2.7 billion acquisition and integration of Sovos Brands, Inc. During his tenure as Chief Financial Officer, Beekhuizen led corporate strategy and the finance function, including controllership, tax, treasury, corporate audit, investor relations, corporate development, financial planning and analysis, and shared services, as well as the company’s information technology (IT) group. Prior to Campbell, Beekhuizen was Executive Vice President and Chief Financial Officer at Chobani from 2016 to 2019, where he played a key role in its growth and expansion. Earlier in his career, he was Executive Vice President and Chief Financial Officer for Education Management Corporation, and a Managing Director at Goldman Sachs in the merchant banking division. “It is a tremendous honor to have been selected by the Board to lead this iconic company,” said Beekhuizen. “I am energized by the opportunity to work with the Campbell’s team to accelerate the successful strategy that has led to our strong business performance and industry-leading employee engagement.” Clouse Retires to Join NFL’s Washington Commanders as President Clouse, who has served as President and Chief Executive Officer since January 2019, advised the Board that he plans to retire as Campbell’s President and CEO and a Director and from the consumer packaged goods industry on Jan. 31, 2025 to become President of the NFL’s Washington Commanders. “Mark has been a transformational leader for the past six years and has positioned Campbell’s for ongoing success,” said McLoughlin. “He has assembled one of the top leadership teams in food and together they have built one of the best portfolios in the industry. We are grateful for Mark’s many contributions, which will have lasting impact on Campbell’s business and culture.” Since joining Campbell’s in 2019, Clouse has led a transformation to reshape the company’s portfolio toward category-leading brands and made soup a key element of the company’s growth strategy. Under Clouse’s leadership, the company has delivered strong business results. He rebuilt foundational capabilities, invested in people and brands, created a highly engaged culture with strong leaders and turned its supply chain into a competitive advantage. In 2024, the company acquired Sovos Brands, Inc., adding one of the fastest growing brands in all of food with Rao’ s to accelerate Campbell’s strategy and provide a substantial runway for sustained profitable growth. Clouse said, “I am immensely proud of what we have accomplished at Campbell's over the last six years. We have built what I believe is the best portfolio in food, and the company has never been better positioned for sustainable growth. The company is in excellent hands with Mick at the helm. I want to thank the entire Campbell's team for their support and commitment to the strategy we have executed together. Campbell’s will always hold a special place in my heart. While I am stepping away a bit earlier than I anticipated, I feel like I have one more act in my career. The Washington Commanders role is a once-in-a-lifetime position that blends my passion for business and love of sports. A leadership role in professional sports is the only thing that would’ve pulled me away from Campbell’s.” First-quarter Earnings Conference Call and Webcast Campbell's will host a conference call as previously scheduled to discuss first-quarter fiscal 2025 earnings results on Wednesday, December 4, 2024 at 8:00 a.m. Eastern Time. Participants calling from the U.S. & Canada may dial in using the toll-free phone number (800) 715-9871. Participants calling from outside the U.S. & Canada may dial in using phone number +1 (646) 307-1963. The conference access code is 7969519. In addition to dial-in, access to a live listen-only audio webcast and accompanying slide presentation, as well as a replay of the webcast, will be available at https://investor.thecampbellscompany.com/events-presentations . About The Campbell’s Company For 155 years, The Campbell’s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals & Beverages and Snacks. Our portfolio of 16 leadership brands includes: Campbell’s , Cape Cod , Chunky , Goldfish , Kettle Brand , Lance , Late July , Pace , Pacific Foods , Pepperidge Farm , Prego , Rao’s , Snack Factory pretzel crisps, Snyder’s of Hanover , Swanson and V8 . For more information, visit www.thecampbellscompany.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20241203572681/en/ CONTACT: Investor Contact: Rebecca Gardy (856) 342-6081 Rebecca_Gardy@campbells.com Media Contact: James Regan (856) 219-6409 James_Regan@campbells.com KEYWORD: NEW JERSEY UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SUPERMARKET RETAIL OTHER RETAIL FOOD/BEVERAGE SOURCE: The Campbell’s Company Copyright Business Wire 2024. PUB: 12/03/2024 04:00 PM/DISC: 12/03/2024 04:00 PM http://www.businesswire.com/news/home/20241203572681/enego777 slot apk



INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against Kyverna Therapeutics, Inc. ...Our Kampung app helps seniors stay socially engagedLAS VEGAS--(BUSINESS WIRE)--Nov 21, 2024-- Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP, and VMware software, today announced Rimini ConnectTM Console , a single-pane-of-glass management tool that unifies and simplifies the administration and monitoring of Rimini ConnectTM, Rimini Street’s industry-leading suite of interoperability solutions. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241121087329/en/ Rimini Street Announces New Management Console for Rimini ConnectTM Suite of Interoperability Solutions (Graphic: Business Wire) Immediately available for Rimini ConnectTM for Browsers and for additional Rimini Connect solutions in the future, Rimini Connect Console is the latest advancement in Rimini Street’s interoperability solutions suite which are designed to extend the useful life of existing systems by insulating applications from changes in dynamic technology stacks and compatibility standards that may otherwise require costly upgrades or custom development. Rimini Connect Console unifies and automates several important capabilities into one centralized management tool, including: “Maintaining application interoperability with constant updates to dynamic technology stacks is a challenging, costly and never-ending effort that consumes potentially millions of dollars in forced software upgrades or development of custom, highly technical solutions,” said Desmond Whitt, vice president & general manager of Rimini Connect, adding that “Rimini Connect solutions future-proof your enterprise software against interoperability issues and Rimini Connect Console is designed to unify and streamline the monitoring and management of Rimini Connect solutions at scale, beginning with Rimini Connect for Browsers.” Rimini Connect Helps Businesses Achieve Modernization Without Disruption Built on Rimini Street’s experience of successfully resolving thousands of compatibility issues for clients since 2005, Rimini Connect provides a suite of seamless interoperability solutions that can resolve compatibility issues without requiring an upgrade of your core enterprise software. For example, Rimini Connect for Browsers enables IT teams to implement the latest releases of browsers without delay or worry of negative impact to current application releases. It also strategically decouples existing enterprise software from technology stack version dependencies, providing the flexibility needed for organizations to take control of their IT roadmap. Officeworks , a leading Australian retailer with over 167 stores nationwide and already a Rimini Street client for support of their SAP systems, deployed Rimini Connect for Browsers when Microsoft announced it would retire Internet Explorer 11. They needed to ensure their mission-critical applications would not be jeopardized by the change in browser availability or require an expensive, disruptive upgrade to maintain compatibility. “This project really was a collaborative experience with the Rimini Street team.... For us, it was about making this transition as seamlessly as possible without any interruption to business, and Rimini Street helped us achieve that,” said Michael Howard, chief operating officer at Officeworks. Rimini Street Continues to Invest in the Future of its Clients with New Interoperability Capabilities Known for helping clients maximize the potential of their IT investments, gain flexibility, and enjoy better support and savings from a trusted partner, Rimini Street continues to invest in interoperability solutions like Rimini Connect Console that help clients at scale to future-proof and extend the useful lifespan of their existing, robust systems without worrying about changing compatibility standards. “Rimini Connect Console is the latest of our continuously expanding offerings to help organizations achieve their goal of growth and profitability while reducing risk,” said Whitt. “We not only help extend the life of systems, we also help make it easier to manage them, lessening overhead costs and freeing teams to focus on higher value priorities for the business.” Learn more about how to remove interoperability challenges without upgrades by choosing Rimini Connect . About Rimini Street, Inc. Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a global provider of end-to-end enterprise software support and innovation solutions and the leading third-party support provider for Oracle, SAP and VMware software. The Company offers a comprehensive portfolio of unified solutions to run, manage, support, customize, configure, connect, protect, monitor, and optimize enterprise application, database, and technology software. The Company has signed thousands of contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who selected Rimini Street as their trusted, proven mission-critical enterprise software solutions provider and achieved better operational outcomes, realized billions of US dollars in savings and funded AI and other innovation investments. To learn more, please visit www.riministreet.com , and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn. Forward-Looking Statements Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “believe,” “continue,” “could,” “currently,” “estimate,” “expect,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “potential,” “predict,” “project,” “seem,” “seek,” “should,” “will,” “would” or other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to, adverse developments in and costs associated with defending pending litigation or any new litigation, including the disposition of pending motions to appeal and any new claims; additional expenses to be incurred in order to comply with injunctions against certain of our business practices and the impact on future period revenue and costs; changes in the business environment in which Rimini Street operates, including the impact of any macro-economic trends and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; the evolution of the enterprise software management and support landscape and our ability to attract and retain clients and further penetrate our client base; significant competition in the software support services industry; customer adoption of our expanded portfolio of products and services and products and services we expect to introduce; our ability to grow our revenue, manage our cost of revenue and accurately forecast revenue; the expected impact of recent and anticipated future reductions in our workforce and associated reorganization costs; estimates of our total addressable market and expectations of client savings relative to use of other providers; variability of timing in our sales cycle; risks relating to retention rates, including our ability to accurately predict retention rates; the loss of one or more members of our management team; our ability to attract and retain additional qualified personnel, including sales personnel, and retain key personnel; our business plan, our ability to grow in the future and our ability to achieve and maintain profitability; our plans to wind down the offering of services for Oracle PeopleSoft products; the volatility of our stock price and related compliance with stock exchange requirements; our need and ability to raise equity or debt financing on favorable terms and our ability to generate cash flows from operations to help fund increased investment in our growth initiatives; risks associated with global operations; our ability to prevent unauthorized access to our information technology systems and other cybersecurity threats, protect the confidential information of our employees and clients and comply with privacy regulations; our ability to maintain an effective system of internal control over financial reporting; our ability to maintain, protect and enhance our brand and intellectual property; changes in laws and regulations, including changes in tax laws or unfavorable outcomes of tax positions we take, a failure by us to establish adequate tax reserves, or our ability to realize benefits from our net operating losses; the impact of environmental, social and governance (ESG) matters; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk, including uncertainty from the transition to SOFR or other interest rate benchmarks; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; uncertainty as to the long-term value of Rimini Street’s equity securities; catastrophic events that disrupt our business or that of our clients; and those discussed under the heading “Risk Factors” in Rimini Street’s Quarterly Report on Form 10-Q filed on October 30, 2024, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication. View source version on businesswire.com : https://www.businesswire.com/news/home/20241121087329/en/ CONTACT: Janet Ravin VP, Global Communications Rimini Street, Inc. +1 702 285-3532 pr@riministreet.com KEYWORD: NEVADA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: DATA MANAGEMENT APPS/APPLICATIONS TECHNOLOGY SOFTWARE NETWORKS INTERNET HARDWARE SOURCE: Rimini Street, Inc. Copyright Business Wire 2024. PUB: 11/21/2024 04:00 PM/DISC: 11/21/2024 04:00 PM http://www.businesswire.com/news/home/20241121087329/en

SAN FRANCISCO--(BUSINESS WIRE)--Nov 25, 2024-- All Remote - GitLab Inc., (NASDAQ: GTLB), the most comprehensive AI-powered DevSecOps platform, today announced that GitLab Chief Financial Officer Brian Robins will present at the Barclays 22nd Annual Global Technology Conference in San Francisco, Calif., on Wednesday, December 11, 2024. The fireside chat is scheduled for 2:30 p.m. Pacific Time and will be webcast live at the following link: https://cc.webcasts.com/barc002/121124a_js/?entity=25_G5GOQ5B A link to the webcast and replay of the fireside chat will be available on the investor relations section of the GitLab website for one year. About GitLab GitLab is the most comprehensive AI-powered DevSecOps platform for software innovation. GitLab enables organizations to increase developer productivity, improve operational efficiency, reduce security and compliance risk, and accelerate digital transformation. More than 40 million registered users and more than 50% of the Fortune 100 trust GitLab to ship better, more secure software faster. View source version on businesswire.com : https://www.businesswire.com/news/home/20241125611514/en/ CONTACT: Investor Contact:Kelsey Turcotte ir@gitlab.comMedia Contact:Lisa Boughner press@gitlab.com KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY ARTIFICIAL INTELLIGENCE SECURITY SOURCE: GitLab Inc. Copyright Business Wire 2024. PUB: 11/25/2024 04:05 PM/DISC: 11/25/2024 04:05 PM http://www.businesswire.com/news/home/20241125611514/enBlackbaud Announces Impairment Charge Related to EVERFI Assets

New Hampshire Center for Justice & Equity Receives $500,000 grant from Point32Health Foundation

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