Virgin Pulse Appoints New Chief Revenue Officer, Chief People Officer and Client Success Leader

Company Continues to Bolster Leadership Team with Key Hires and Promotions

Andrew Reeves

Virgin Pulse appoints Andrew Reeves as Chief Revenue Officer

PROVIDENCE, R.I., Nov. 08, 2021 (GLOBE NEWSWIRE) — Virgin Pulse, the leading global provider of tech-enabled solutions focused on improving the health and wellbeing of its members, today announced new executive appointments as the company accelerates its commercial business and advances its employee experience and talent development initiatives. Andrew Reeves has been named Chief Revenue Officer (CRO) and Diane “Di” Holman has joined as the company’s first global Chief People Officer. The company has also promoted Kristen Larson to lead Virgin Pulse’s Client Success team.

“Over the past month, we have made a number of high-caliber hires and continue to promote talent internally as we ramp for growth and expansion in 2022 and beyond. Today, I am pleased to welcome Andrew and Di to our team and congratulate Kristen as she takes on an expanded role within our organization,” said Chris Michalak, CEO of Virgin Pulse. “Each of these individuals will lead critical functions at a pivotal time for Virgin Pulse. We are on the cusp of closing our best year ever, finalizing our acquisition of Welltok, launching new Homebase for Health® products and partners to help our clients maximize their health and wellbeing investments, and defining our post-pandemic work culture and employee experience. Building a world-class, client-centric commercial team, continuing to attract great talent in a competitive market, and making Virgin Pulse a best place to work are top priorities for our organization. I am confident that Andrew, Di and Kristen bring the leadership, experience, and vision we need to build on our momentum and accelerate these priorities.”

Diane “Di” Holman

Virgin Pulse appoints Diane “Di” Holman as global Chief People Officer

Andrew Reeves

  • As Virgin Pulse’s CRO, Andrew will lead the company’s commercial go-to-market strategy globally, with responsibility for all client-facing teams across the organization.  He will be instrumental in shaping and executing Virgin Pulse’s growth strategy as the company accelerates its Homebase for Health® strategy and market expansion. A client-centric, growth-focused healthcare leader with more than 20 years’ experience working in healthcare technology and with payers, Andrew brings deep healthcare knowledge, extensive operational, business development and clinical strategy expertise, and a solid record of building and leading high-performing teams. After a successful 12-year career at Cigna, where he held several leadership roles and launched the organization’s Medicare Advantage business in several states, Andrew worked with several healthcare technology companies, serving as president, chief operating officer and chief commercial officer. Under his leadership, those organizations significantly expanded their health plan and enterprise businesses, achieving 3x year-over-year revenue growth
  • Diane “Di” Holman
    Diane “Di” Holman joins Virgin Pulse as Virgin Pulse’s first Chief People Officer, leading all aspects of the company’s global human resources strategy including talent acquisition, learning and development, employee experience, justice, equity, diversity, and inclusion (JEDI), internal communications, and total rewards. Di has spent more than 25 years implementing talent strategies that drive growth, support business transformation, and build best-in-class cultures for Fortune 500 and Best Places to Work companies and brings significant experience with mergers, acquisitions and cultural integration. Her leadership will be crucial in helping Virgin Pulse shape its future workplace and employee experience strategy while growing and developing the most important part of the company’s business, its employees. Prior to Virgin Pulse, Di served as managing director for global talent management at Moody’s Corporation and has previously held senior HR and talent leadership roles at AthenaHealth, Wolters Kluwer, Raytheon, GE and CapGemini.
Kristen Larson

Kristen Larson has been promoted to Senior Vice President of Client Success at Virgin Pulse

  • Kristen Larson
    Following her successful tenure supporting Virgin Pulse’s health plan and distributor clients, Kristen Larson has been promoted to Senior Vice President of the company’s Client Success organization. In this expanded role, Kristen will be responsible for building and expanding strategic partnerships across Virgin Pulse’s clients, ensuring they are continually maximizing the value of their Virgin Pulse investments and solutions, and maintaining the company’s best-in-class Net Promoter Score (NPS). With more than a decade of experience leading client success and account management teams in the health and wellbeing market, Kristen brings deep industry knowledge, a consultative, results-focused approach, and a proven record of helping clients achieve their health and wellbeing program goals.

Today’s announcement follows on the heels of Virgin Pulse announcing Rik Thorbecke as Chief Financial Officer and Amit Jain as Chief Technology Officer last month.

About Virgin Pulse
Virgin Pulse is the leading global provider of health and wellbeing solutions designed to drive outcomes and reduce costs by enabling better decision-making across the full care continuum — from prevention and wellbeing to pre-chronic and chronic disease management to episodic and acute care. Featuring the industry’s only true Homebase for Health®, a personalized ecosystem where Virgin Pulse clients and members can access, navigate and interact with their health, wellbeing and benefits in one, trusted and familiar place, Virgin Pulse’s solutions fuse high-tech, high-touch, predictive analytics, AI and data to unify and simplify health and wellbeing. Today, thousands of organizations and over 14 million users in more than 190 countries are using Virgin Pulse to change their lives – and businesses – for good. For more tips and insights, connect with us on Twitter or LinkedIn.

press@virginpulse.com

Photos accompanying this announcement are available at:

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LZNK to implement civil defence module in all Kedah zakat schools

ALOR SETAR, Nov 9 – The Kedah Zakat Board (LZNK) intends to introduce a civil defence module in all schools under Zakat (tithe) Kedah in a bid to produce students with basic knowledge in civil defence and first aid.

Its chief executive officer, Datuk Syeikh Zakaria Othman said this would involve the Kedah Zakat Schools Management Board (CDERT LEPSAZ) and the module would be implemented at all levels of Kedah Zakat schools based on the guidelines of the Malaysian Civil Defence Cadet Management.

“My hope is that all schools under Zakat Kedah will become Sekolah Watak Zakat in every district as we want the school staff and students to be highly disciplined community leaders and have added value in the community when an emergency occurs.”

He said this to reporters after the launching of the Sekolah Watak Zakat Kedah at Kolej Agama Sultan Abdul Halim, here, today which was officiated by Chief Commissioner of the Civil Defence Force (APM), Datuk Roslan Wahab.

Syeikh Zakaria said currently, the schools under Zakat Kedah that had been made Sekolah Watak Zakat were Kolej Agama Sultan Abdul Halim (Sekolah Ulul Albab Zakat and Sekolah Keusahawanan Kedah), here, and Maahad Dini Sultan Abdul Halim in Sik.

He said through the Sekolah Watak Zakat, all school staff including the teachers, would be trained in civil defence by the APM officers at suitable training centres to acquire basic rescue skills.

Source: BERNAMA News Agency

‘KL Cegah, KL Sihat’ campaign to attract visitors to Bukit Bintang – Shahidan

KUALA LUMPUR, Nov 9 — The Federal Territories Ministry has introduced the ‘KL Cegah, KL Sihat’ campaign as part of efforts to boost the confidence of domestic and international visitors to Bukit Bintang here, which is synonymous with food and shopping, said its Minister, Datuk Seri Shahidan Kassim.

He said that through the campaign, several platforms were used to promote compliance with the standard operating procedures (SOPs) and to attract visitors and help revive the country’s economy.

“Through this campaign, SOP compliance promotion videos are shown at premises, apart from the use of ‘stickers’ affixed on the tables saying it is always sanitised as well as ‘I have been vaccinated’ badges to be worn by employees,” he said when speaking at the launching ceremony, in Jalan Alor here, today.

Also present were Bukit Bintang Member of Parliament, Fong Kui Lun and Kuala Lumpur City Hall (DBKL) executive director (Socio-Economic Development), Anwar Mohd Zain.

Shahidan also hoped that the campaign would to some extent raise the economic level of those in Bukit Bintang, whose income and business have been adversely affected.

The campaign is one of the ‘bottom-up’ initiatives proposed by Local Agenda 21 Kuala Lumpur (LA21KL) partners, comprising the Bukit Bintang Cleanliness Blueprint Committee.

Source: BERNAMA News Agency

Whistleblower act needs to be reviewed thoroughly – Wan Junaidi

KUALA LUMPUR, Nov 9 — Laws relating to whistleblowers under the Whistleblower Protection Act 2010 (Act 711) have to be thoroughly reviewed in an effort to increase national integrity.

Minister in Prime Minister’s Department (Parliament and Law) Datuk Seri Dr Wan Junaidi Tuanku Jaafar said existing whistleblower laws were inadequate and needed to be reviewed.

“On the matter of whistleblowers, I’m still reviewing it. Since 2017, I’ve said that whistleblower laws were still lacking and needed to be studied carefully. If we’re talking about ourselves, there’s no boss. Whistleblowers are not overseen by anyone.

“It’s placed under my ministry, in the Legal Affairs Division of this ministry, but there’s no one handling it. Consider other countries, in the United States, it’s under a director and an ombudsman in Australia. So we need to consider the matter and I have asked the division to look into it,” he said in a media conference after witnessing the presentation of the 2021 National Integrity Convention (KIN2021) resolutions at Menara Integriti today.

He added that a detailed study was needed to ensure that the confidentiality of the informant was safeguarded if the complaint involved an agency.

“We could place it under the Enforcement Agency Integrity Commission (SIAP) so that the commission could keep information about any agency confidential. Then only would many people (do it). So far, there aren’t many whistleblowers because people are not brave enough to lodge reports. If they reported to the police, the police would investigate and the complainant’s information would be known to the police. So people don’t use this whistleblower act.

“Unless there is an agency to oversee and maintain the confidentiality of the person who lodges a report. So currently it is under review. InsyaAllah we will find a way to improve it,” he added.

Meanwhile, Malaysian Institute of Integrity (IIM) chief executive officer Nor’afiza Saim said the institute would continue to focus on preventing corruption in organisations as well as increasing integrity in both the public and private sectors through the development of a new system.

“With the mandate given, we will focus on assisting organisations to prevent corruption and misuse of power, with an emphasis on the private sector as the Malaysian Anti-Corruption Commission (MACC) focuses more on the public sector.

“We currently use the international standard, the Anti-Bribery Management System (ABMS), but we will develop our own standard, the Integrity Management System. So, InsyaAllah, with this system we can increase integrity within organisations in both the public and private sectors,” she said.

The resolutions presented during KIN2021 touched on improving cooperation, ensuring equitable and responsible distribution, empowering the educational ecosystem, bridging the communication gap and improving information delivery, as well as placing stronger emphasis on family values.

Source: BERNAMA News Agency

ATM ready to face monsoon season – Affendi

KUALA LUMPUR, Nov 9 — The three branches of the Malaysian Armed Forces (ATM) have been instructed to be prepared, including in terms of asset mobilisation, to face the monsoon season.

Chief of Defence Force Gen Tan Sri Affendi Buang said all personnel are now on stand by mode, in line with the directive issued by the National Disaster Management Agency (Nadma) for security forces to always be ready to deal with the flood situation and provide the necessary assistance.

“ATM is always ready (to provide assistance) in the event of a disaster at any location,” he told a press conference at the opening of the Second Career Opportunity Workshop organised by the ATM Veterans Affairs Department (JHEV) in collaboration with the Social Security Organisation (Socso) with JHEV director Maj Gen Datuk Dzulkarnain Ahmad also present.

Meanwhile, Affendi said the workshop was a joint venture in ensuring a second career opportunity for ATM veterans that raised their status as national heroes.

“The workshop is very significant for ATM veterans as the input and knowledge gained could help participants in facing new employers,” he said.

Elaborating, he said to date, a total of 204,020 ATM veterans have registered with JHEV, of which 73,863 people retired without pension.

Affendi said on average, about 5,000 ATM members will retire every year with 63 per cent of them being under the age of 50, an age group that is still productive and able to contribute to the country’s economy.

As such, he hoped ATM veterans who applied for jobs through the Myfuturejobs portal would be given an offer that suits their skills and experience and offered a more attractive salary compared to other applicants.

Source: BERNAMA News Agency

Village in Sik, Kedah chosen for pioneer hardcore poverty eradication project

KUALA LUMPUR, Nov 9 — A village in Sik district, Kedah has been proposed as the first location for a pioneer, holistic hardcore poverty eradication project, said Minister in the Prime Minister’s Department (Economy), Datuk Seri Mustapa Mohamed.

He said this effort was among the measures to be taken in implementing the 12th Malaysia Plan (12MP) which targeted hardcore poverty eradication by 2025 by transforming the approach.

He added that the new approach was discussed at the fifth Poverty Circle session, conducted virtually today, following his visit to Sik district on Nov 6.

“The discussion was to identify a holistic approach that will be more effective in eradicating hardcore poverty in the chosen locality.

“It involved the federal and state governments, statutory bodies, universities, civil societies, local community organisations and the private sector,” Mustapa said in a statement today.

He said the programme would also be carried out in several other localities across the country and which also required an accurate data base.

In this regard, the minister said cleaning up of the eKasih data was being done by the Implementation Coordination Unit to ensure transparency and accuracy of information on the target group.

“Based on the current eKasih data, there are about 178,000 hardcore poor household heads who are still productive and aged between 15 and 60, across the country.

“In line with the Prime Minister’s directive, a Poverty Unit has been specially established at the EPU (Economic Planning Unit) in tackling hardcore poverty.

“It is also proposed that the state governments set up a similar unit at the state and district levels so as to fully focus on poverty matters to ensure the implementation of a more focused hardcore poverty eradication agenda,” he said.

Source: BERNAMA News Agency

MADISON REALTY CAPITAL AND NEWBOND HOLDINGS LAUNCH HOSPITALITY LENDING PLATFORM WITH INVESTING CAPACITY OF $500M

Strategic Partnership to Originate and Purchase Hospitality Loans Across All Major US Markets as Madison Newbond

NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) — Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, and Newbond Holdings (Newbond), a vertically integrated real estate investment and operating platform founded by Neil Luthra and Vann Avedisian, today announced the launch of Madison Newbond, an institutional lending platform that will provide first mortgages, mezzanine loans and preferred equity to hotel owners and developers nationwide.  The partnership launched with approximately $500 million of initial lending capacity and will add scale in line with the opportunity.

Madison Newbond will build on Madison Realty Capital’s institutional lending platform and deep relationships as well as Newbond’s hospitality industry expertise and strong operational knowledge. The partnership will offer unique financing programs to new and existing borrowers across the hospitality spectrum from limited-service hotels to ultra-luxury resorts and will target opportunities including transitional lending and ground up developments across major metropolitan markets.

“The hospitality industry has experienced significant disruption throughout the pandemic and there is a clear need for creative and flexible lending solutions for hotel owners as they continue to recover from the changes to their business plans,” said Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital. “We are enthusiastic about joining forces with Newbond to expand our product offering tailored to meet the evolving needs of hospitality real estate owners and operators.”

“We are excited to launch this partnership with Madison Realty Capital, a firm with a world-class lending platform, and a team that we are deeply familiar with, to provide a wide range of lending options to the hospitality market,” said Neil Luthra, Founding Partner at Newbond. “Madison’s substantial resources coupled with Newbond’s extensive hotel underwriting capabilities will best position the platform to identify and capitalize on exciting opportunities in the hospitality space.”

Madison Realty Capital and the principals of Newbond have significant experience lending and investing in the hospitality sector.  The principals of Newbond have completed over $15 billion of debt and equity investments.  Notable recent Madison Realty Capital transactions include a $105 million loan to Fort Partners for the acquisition and modernization of the Four Seasons Hotel Miami and a $210 million loan to Fort Partners for the construction of the Four Seasons Hotel and Private Residences Fort Lauderdale.

For any financing inquiries or to request additional information about the Madison Newbond platform, please contact Andrew Fichte, a partner at Newbond, at afichte@newbond.com and Josh Zegen, at josh@madisonrealtycapital.com.

About Madison Realty Capital 

Madison Realty Capital is a vertically integrated real estate private equity firm that manages approximately $6.7 billion in total assets on behalf of an institutional global investor base. Since 2004, Madison Realty Capital has completed more than $16 billion in transactions in the U.S. providing reputable borrowers with flexible and highly customized financing solutions, strong underwriting capabilities, and certainty of execution. Headquartered in New York City, with an office in Los Angeles, the firm has over 60 employees across all real estate investment, development, and property management disciplines. Madison Realty Capital has been frequently named to the Commercial Observer’s prestigious “Power 100” list of New York City real estate players and is consistently cited as a top construction lender, among other industry recognitions. To learn more, follow us on LinkedIn and visit www.madisonrealtycapital.com.

About Newbond Holdings 

Newbond Holdings, founded by Neil Luthra and Vann Avedisian in 2021, is a real estate investment and operating platform focused on debt and equity investments across multiple real estate product types with a hospitality focus as well as investments in related operating businesses and technology platforms.  The partners at Newbond have completed over $15 billion of debt and equity transactions.  As a vertically integrated operating and investment platform, Newbond is uniquely positioned to create significant value beyond the typical investment process through creative structuring, operations and the development of single and multiple asset brands.

Attachments

For Madison Realty Capital: Nathaniel Garnick/Grace Cartwright
Gasthalter & Co.
(212) 257-4170
madisonrealty@gasthalter.com

For Newbond: Eric Waters
Great Ink Communications, Ltd.
212-741-2977
Eric.Waters@greatink.com

Tom Nolan
Great Ink Communications, Ltd.
212-741-2977
Tom@greatink.com