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Daily Archives: February 3, 2020

PSAV® NAMES BECKY SHEEHAN CHIEF FINANCIAL OFFICER

Schiller Park, Ill., Feb. 03, 2020 (GLOBE NEWSWIRE) — PSAV, a global leader in event experiences, announced today that Becky Sheehan has been named Chief Financial Officer. Sheehan will be responsible for driving global financial stewardship by providing strategic leadership in all areas of Finance.

“Becky is an ideal addition to the senior leadership team given her extensive experience and fit with our culture. Her leadership of our financial functions will be critical as we continue delivering accelerated growth while expanding our capability, services and footprint,” said Mike McIlwain, CEO. “Becky’s track record and alignment with our vision gives me every confidence in her ability to contribute immediately.”

Sheehan fills the vacancy left when former CFO Ben Erwin was promoted to President in October 2018. Sheehan’s addition to the senior leadership team furthers the ability for PSAV to deliver transformative events with comprehensive offerings in creative, production, advanced technology and staging services.

Sheehan has a strong history of serving prominent companies. She spent the last three years as Chief Financial Officer for Cars.com. Previously, she spent 10 years with FTD Companies, Inc., as Executive Vice President and Chief Financial Officer. She is a Certified Public Accountant and spent more than 20 combined years at the accounting firms Deloitte and Arthur Andersen. At Deloitte, she served as a leader in the Chicago audit practice and was recognized as one of the top 50 “Next Generation” partners to lead the firm and its most important client relationships.

“I am thrilled to join PSAV at such an exciting time in the company’s history,” said Sheehan. “I was drawn to the strength of the PSAV purpose, mission and values, the impact the company is having on the dynamic event experience industry, and its future potential. I look forward to partnering with Mike and the senior leadership team as we continue to grow the business for the benefit of our customers.”

About PSAV®

The PSAV family of companies serves as a global leader in event experiences, providing creative, production, advanced technology and staging services to help meeting professionals deliver more dynamic and impactful experiences at their meetings, trade shows and events. The team consists of approximately 14,000 professionals across 2,100 on-site venue locations and more than 50 regional warehouses. The company operates in more than 20 countries across North America, Europe, the Middle East, Australia and Asia. It is the trusted partner and exclusive on-site provider of choice at leading venues worldwide. PSAV was recently named to the Forbes 2018 and 2019 America’s Best Employer list. The company is headquartered in Schiller Park, Ill.  www.psav.com.

Bob Niersbach
PSAV
847.385.3619
rniersbach@psav.com

 

CNH Industrial recognized among the leading global companies in sustainable performance by CDP

CNH INDUSTRIAL N.V.

DP Results 2020

London, February 3, 2020

CDP, the international non-profit that drives companies and governments to reduce their greenhouse gas emissions and safeguard water resources, has recognized CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) as a global leader in sustainable water management, naming it as one of only 71 companies included in the CDP’s prestigious Water Security A-List. Furthermore, CNH Industrial scored an A- in the CDP Climate Change.

“We are delighted that the CDP has once again recognized our ongoing efforts in the fundamental areas of water management and helping combat climate change” said CNH Industrial Chief Executive Officer, Hubertus Mühlhäuser. “We continually work to improve water management implementing targeted initiatives through our World Class Manufacturing and Logistics programs. Our increasing investments in developing and commercializing alternative propulsion technologies are playing an important role in helping develop lower-impact vehicles.”

Every year, thousands of companies disclose data about their environmental impacts, risks and opportunities to CDP for independent assessment against its scoring methodology. In 2019, companies were requested to do so by over 525 investors with over USD $96 trillion in assets and 125 major purchasing organizations with USD $3.6 trillion in purchasing power.

The CDP’s questionnaires on climate change and water  have an individual methodology that scores responses across four levels: disclosure, awareness, management of environmental risks and demonstration of best practices associated with environmental leadership.

These latest results follow CNH Industrial’s ninth consecutive year as the Industry Leader in the Dow Jones Sustainability Index, World and Europe. The Company is also included in the following indexes: FTSE4Good Index Series, MSCI ESG Leaders Indexesi ECPI Global Agriculture Liquid, ECPI World ESG Equity, ECPI Global Developed ESG Best in Class, ECPI Euro ESG Equity, Euronext Vigeo Europe 120, Euronext Vigeo Eurozone 120, STOXX Global ESG Leaders Index, STOXX Global ESG Environmental Leaders Index, STOXX Global ESG Social Leaders Index, STOXX Global ESG Governance Leaders Index, STOXX Global ESG Impact Index, STOXX Global Low Carbon Footprint, STOXX Global Reported Low Carbon Indexii and Integrated Governance Index (IGI).

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com

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Media contact:

Laura Overall
Corporate Communications Manager
CNH Industrial
Tel. +44 (0)2077 660 338
E-mail: mediarelations@cnhind.com
www.cnhindustrial.com

i The inclusion of CNH Industrial in any MSCI index, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, or promotion of CNH Industrial by MSCI or any of its affiliates. The MSCI indexes are the exclusive property of MSCI. MSCI and the MSCI index names and logos are trademarks or service marks of MSCI or its affiliates.

ii Those listed are the main global STOXX indexes in which CNH Industrial is included.

Attachments

Align Technology Pledges RMB 1 Million Donation in Response to the Novel Coronavirus Outbreak in China

SAN JOSE, Calif., Feb. 03, 2020 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) today announced its commitment to donate RMB 1 Million to the Chinese Red Cross Foundation to support its ongoing prevention and control efforts for the outbreak of the novel coronavirus in China.

Align Technology President and CEO Joe Hogan made the following comments regarding the company’s pledge: “China is one of our largest markets and home to thousands of Align employees, doctors, customers and patients, and their safety is our top priority. Given the fluid situation and immediate humanitarian needs, we hope that our donation to the Chinese Red Cross Foundation can go toward supplies and support for frontline health care workers in the fight against the novel coronavirus outbreak.”

Align Technology is closely monitoring the overall situation in China. Its two operation sites are located in the cities of Chengdu and Ziyang (Sichuan Province). While there has been no impact to product safety due to the stringent health and safety procedures that are ingrained in its manufacturing processes, the company is also taking additional precautions across China to minimize risk of illness to employees, including additional protections and health screening procedures.

Further commenting on Align’s commitment to China, Julie Tay, Align Senior Vice President and Managing Director, Asia Pacific said, “We have a strong commitment to China and will continue to support the community as we go through this difficult time. We will do what we can to support and ensure the safety and health of our employees, doctors and their patients in China.”

About Align Technology, Inc.

Align Technology designs and manufactures the Invisalign® system, the most advanced clear aligner system in the world, and iTero® intraoral scanners and services. Align’s products help dental professionals achieve the clinical results they expect and deliver effective, cutting-edge dental options to their patients. Visit www.aligntech.com for more information.

For additional information about the Invisalign system or to find an Invisalign doctor in your area, please visit www.invisalign.com.  For additional information about iTero digital scanning system, please visit www.itero.com.

Align Technology Zeno Group
Madelyn Homick Sarah Johnson
(408) 470-1180 (828) 551-4201
mhomick@aligntech.com sarah.johnson@zenogroup.com

AirAsia, AirAsia X shares drop on allegations of corruption, bribery

KUALA LUMPUR, Shares of AirAsia Group Bhd and AirAsia X Bhd on Bursa Malaysia dropped in active trade after reports alleging executives of both companies of corruption and bribery.

At 5 pm, AirAsia Group’s lost 15 sen or 10.49 per cent lower at RM1.28 with 57.67 million shares changed hands, while AirAsia X dipped one sen or 7.69 per cent to 12 sen with 32.97 million shares transacted.

Securities Commission (SC) in a statement yesterday said it will examine the statement of facts in the case of Regina vs Airbus SE which disclosed several allegations against both companies.

AirAsia in a statement released on Saturday denied the allegations, saying it was neither involved in any way whatsoever with the UK Serious Fraud Office (SFO) investigation of European aircraft maker, Airbus nor was given any opportunity to provide any information or clarification to the SFO.

It was referring to an article entitled AirAsia directors/staff got RM240 mil bribe from Airbus, court docs say in several media regarding the “Deferred Prosecution Agreement” entered into by Airbus SE and the SFO on Jan 31, 2020.

The articles alleged that certain agreements by AirAsia to order Airbus’ aircraft were improperly linked to sponsorship by the aircraft maker of a sports team jointly owned by AirAsia executives.

In an immediate response, the Malaysian Anti Corruption Commission (MACC) has also initiated an investigation into allegations against both companies by contacting authorities in the United Kingdom.

Source: BERNAMA (News Agency)

APEC 2020: First Senior Officials’ Meeting begins today

PUTRAJAYA, The first Senior Officials’ Meeting (SOM1) and related meetings of the Asia-Pacific Economic Cooperation (APEC) 2020 Summit kicked-off in Putrajaya today, as policymakers and officials meet till Feb 22 to deliberate on priorities agenda for the region.

APEC 2020 National Secretariat in a statement today said a total of 102 meetings, workshops, activities and field trips have been lined up by various ministries and agencies for the delegates.

Over 1,700 delegates from 21 economies have registered for these meetings, it said.

“Discussions in the meeting will be centred on setting the work plan for their respective committees and working groups, in progressing the Shared Prosperity agenda aligned with the APEC 2020 theme,” it said.

Malaysia is hosting the 2020 APEC, themed Optimising Human Potential towards a Future of Shared Prosperity.

Through the identified priorities of ‘Improving the Narrative of Trade and Investment’, ‘Inclusive Economic Participation Through Digital Economy and Technology’, and ‘Driving Innovative Sustainability’, Malaysia planned to bring all the economies together for an in-depth discussion towards delivering substantive and effective deliverables for APEC 2020, it said.

The secretariat said officials, together with the private sector, would be deliberating on issues that included business mobility, food security, sustainable development, customs procedure, standards setting, health, and intellectual property rights.

In managing the risks and threats of the 2019 novel coronavirus, the APEC 2020 National Secretariat said it was working closely with Malaysia’s Health Ministry and other relevant authorities to ensure the safety of delegates and all parties involved in the meetings.

Various safety and precautionary measures undertaken included providing liquid sanitisers at various locations at meeting venues and accommodations, providing suitable surgical disposable face masks for all delegates and working members, and providing non-contact thermometer to check body temperatures at all information counters, it said.

Source: BERNAMA (News Agency)

First batch of 1 mln gloves on way to Wuhan, next batch on Wednesday

KUALA LUMPUR, The next batch of one million medical gloves is scheduled to be sent to Wuhan, China onboard MASkargo this Wednesday, Primary Industries Minister Teresa Kok said.

This followed the first batch of one million gloves dispatched to Wuhan onboard AirAsia flight commissioned by the government to bring back Malaysians from the 2019 novel coronavirus-hit city today.

This is the first batch of medical gloves to be sent after my announcement on the donation of 18 million medical gloves to China last week, she said in a statement today.

The one million pieces of latex examination gloves would be received by the Hubei Charity Federation, a Chinese government-designated donation recipient, that would distribute the medical glove supply to healthcare facilities in Wuhan.

The gloves, packed in specially designed boxes by Supermax Glove Manufacturing Sdn Bhd, are being transported via a special flight that would bring back 141 people, comprising 116 Malaysians and 25 non-citizens who are their spouses and children.

Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail had earlier said that only those who have been certified healthy after undergoing an exit screening by the local authorities at the Wuhan Tianhe International Airport would be brought back.

Kok said the government is aware of the need for fast response and with the coordination with the Embassy of the People’s Republic of China in Malaysia, the National Disaster Management Agency, Malaysian Rubber Export Promotion Council, and Malaysian Rubber Glove Manufacturers Association have managed to send aid with utmost urgency.

We are deeply thankful for AirAsia for enabling such a quick response to our government’s request to bring Malaysians home from Wuhan and to transport the urgent medical gloves supply to the healthcare workers in Wuhan who are managing a very large, complex situation.

As I had announced last Friday, the Malaysian Rubber Export Promotion Council (MREPC) and nine rubber glove manufacturers in Malaysia have stepped forward to pledge 18 million pieces of medical gloves to Wuhan, she said.

Besides Supermax, the other companies are Smart Glove, Top Glove, Hartalega, Kossan, YTY, Brightway, Koon Seng, and Careplus.

Source: BERNAMA (News Agency)

Rossana Annizah is new BSN chairman

KUALA LUMPUR, Bank Simpanan Nasional (BSN) has appointed Rossana Annizah Rashidi as chairman effective Feb 1.

Chief executive Datuk Yunos Abd Ghani said Rossana is no stranger to the banking and telecommunications industry, having previously served in various senior management roles with RHB Bank Bhd after starting her banking career with Citibank Malaysia.

She also served in various senior management roles in TIME dotCom Bhd and Maxis Bhd.

“Rossana brings a diverse perspective to our board. Her extensive experience, derived from serving as well as leading the boards of multinational corporations, will provide BSN with board direction to continue delivering our mandate and to accomplish the bank’s strategic plans,” he said in a statement today.

The BSN chairman position has been vacant since Tan Sri Abu Bakar Abdullah retired in February last year.

Rossana, the first woman to become BSN chairman, holds a Bachelor of Arts degree in Banking and Finance from the University of Canberra, Australia, and a member of CPA Australia.

She is currently chairman of Jardine Matheson (Malaysia) Sdn Bhd and a member of the EPF Investment Panel.

Rossana is also an audit committee chairman of IHH Healthcare Sdn Bhd and sits on the boards of IHH subsidiaries in Singapore and Turkey. She is also a board member of Celcom Axiata Sdn Bhd and edotco Group Sdn Bhd.

Source: BERNAMA (News Agency)