Gov. Sarah Huckabee Sanders has appointed Gary Harpole of Jonesboro to the Arkansas State University System Board of Trustees.(KAIT-TV) JONESBORO, Ark. (KAIT/Edited news release) – Gov. Sarah Huckabee Sanders has appointed Gary Harpole of Jonesboro and Christy Clark of Little Rock to the Arkansas State University System Board of Trustees. Harpole was appointed to a seven-year term – as specified by Act 18 of 2021 as part of the board’s expansion to seven members – that will expire in January 2030. Clark, the immediate past board chair who was appointed by Gov. Asa Hutchinson in 2018, succeeds past board chair Niel Crowson, who resigned from a second term that expires in January 2025 after eight years of service. ASU System President Chuck Welch said he welcomed Harpole to the board and was also grateful for the governor’s reappointment of Clark. ”Mr. Harpole brings a variety of business and government experiences to our board,” Welch said. “We look forward to the insight and knowledge he will bring to further develop and expand System initiatives. Trustee Clark has been an important member of our board on multiple fronts, and we’re pleased she wants to continue serving the ASU System. ”I’m grateful […]
Buy Amazon’s Core Business Get AWS For ‘Free’
Written by Summary Amazon buries the segment growth rates at the bottom of its financial reports. The company has 5 different business units growing double-digits. Compared to peers, Amazon’s business units are growing much faster. In totality, Amazon stock is at least 40% undervalued. 4kodiak/iStock Unreleased via Getty Images I believe Amazon (NASDAQ: AMZN ) is one of the most well covered stocks that is completely misunderstood and undervalued by investors. Buried on the second to last page of every financial document I’ve recently seen from Amazon is the most important piece of financial information the company produces. In some ways, I think the company might even intentionally bury the segment growth at the bottom of the financial reports so competitors, and possibly regulators, don’t realize what Amazon is brewing up outside the core retail business. Either way, parts of Wall Street and certainly the bear case against owning Amazon stock focuses almost solely on the core retail business and AWS. However, Amazon has 5 different business units growing double-digits revenue wise. Today I’m going to walk you through each business unit and illustrate that based on the revenue and growth rate – each of these business units have […]
Brinker names supply chain exec
James Butler, chief supply chain officer and senior vice president at Brinker International, Inc. Photo: Brinker International DALLAS — James Butler has joined Brinker International, Inc. as chief supply chain officer and senior vice president. Mr. Butler will oversee the company’s procurement efforts, food safety and quality assurance, distribution and logistics, brand program management and all other supply chain functions. “James is a visionary leader who builds collaborative, integrated teams and coaches future leaders to continually improve and drive results,” said Kevin Hochman, president and chief executive officer of Brinker. “He will play a key role in executing on our new strategic pillars, working cross-functionally to help us improve and innovate on the core Chili’s food categories we want to win on — including burgers, fajitas, chicken crispers and margaritas — to improve our guests’ experience and increase traffic.” Before joining Brinker, Mr. Butler spent two years senior vice president for Restaurant Supply Chain Solutions, heading supply chain management for Yum! Brands and the KFC restaurant systems. His prior experience also includes leadership roles at Georgia-Pacific and Deloitte. He holds a bachelor’s degree in marketing from the University of Kentucky and a master’s degree in business administration from Vanderbilt […]
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Hanscom organizations obligate more than $1 billion to small businesses
Emmons speaks to business leaders Jeff Emmons, director of Small Business Programs for Hanscom Air Force Base, Mass., speaks to attendees during a Hanscom Representatives Association meeting in Lexington, Mass., in April 2018. In fiscal year 2022, the Command, Control, Communications, Intelligence and Networks Directorate and Digital Directorate awarded over $1 billion to small businesses. Additionally, the Hanscom Operational Contracting Division obligated more than 125 percent of their contracting dollars to small businesses, a number only possible by earning credits through contracting with local small businesses in the greater Boston area. (U.S. Air Force photo by Todd Maki) HANSCOM AIR FORCE BASE, Mass. – Hanscom-based Air Force Life Cycle Management Center organizations obligated over $1 billion to small businesses in fiscal year 2022. During that time, the Digital Directorate obligated over 23 percent of their total contracting dollars to small businesses, roughly $600 million, and the Command, Control, Communications, Intelligence and Networks Directorate, or C3I&N, obligated 29 percent at almost $460 million. “It’s another outstanding year for the Hanscom directorates in not only meeting their small business and socioeconomic goals, but far exceeding them,” said Jeff Emmons, director of Small Business Programs here. “Kudos to these organizations, from the […]
Risk Strategies buys Bullen Insurance Group
National specialty insurance brokerage and risk management and consulting firm, Risk Strategies, has bought Bullen Insurance Group. With five offices in New York and Florida, as well as clientele throughout all 50 states and abroad, Bullen specializes in successful families, individuals, family offices and their businesses. This includes cover for high-value properties, automobiles and art collections exposed to natural disasters, yachts, and aircrafts. Established in 1897 by George V. Bullen, the company has a focus on industries including non-profits, financial institutions and historic properties. “Bullen Insurance Group has a well-earned, long-established reputation for excellence in serving high net worth clients,” said Alison Murphy, Risk Strategies national private client services practice leader. “This provides us with a unique opportunity to expand our high net worth practice in a key market.” Bullen CEO and president on Risk Strategies deal Matthew C. Fox, president & CEO of Bullen and the son-in-law of the Late George H. Bullen, said that the business’ leadership team “wanted to be sure we were choosing the right partner to scale and perpetuate our business.” The acquisition by Risk Strategies presented an obvious and natural fit for Bullen, according to Fox. “The quality of the people and the […]
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Honeywell’s Quantum Computing Business Has a New Leader.
can change the world, eventually. But for now the industry is small , and companies are working on developing the hardware, software and applications needed to grow their business. Quantum firms are also putting in place the leadership teams required to turn science fiction into commercial enterprises. Silvergate Capital stock jumped after Citadel Securities and Soros Fund Management revealed stakes.
Black History Month: Black florist marks 34 years of business in Columbus
COLUMBUS, Ga. (WTVM) – Almost three decades ago, one local Black florist set out to crack into the flower business. More than three decades later, she is the only Black-owned business of her kind in Columbus and still is going strong. In 1989, Hazel Thomas, owner of Hazel’s Flowers and Gifts, opened her business. Many years and lessons later, that business is strong as ever, and today, Hazel encourages the next generation to take a chance and bet on themselves. “There are a lot of creative people out there, but they don’t want to take the chance on using their money to open a business and not succeed,” said Thomas. “I’ve weathered the storm, and things are looking up and looking good for us.” “You just can’t beat good customer service,” said customer Michael Tony. These days the business looks a lot different from when she first started on Buena Vista Road, but one thing has stayed the same – the pride she has for having something for everyone who walks through the doors. Tony has shopped with Thomas for as long as she’s been in business. That’s a trait he appreciates about the company. “She does all types […]
AudioCodes CEO Attributes Yearly Growth to Microsoft-Related Business
Audiocodes’ primary growth engine was Microsoft during fiscal year 2022, according to the company’s President and Chief Executive Officer, Shabtai Adlersberg . He made the comments during the fourth quarter and full-year 2022 earnings call with investors, in which it was revealed that Audiocodes saw revenues of $275.1 million in 2022, compared to $248.9 million in 2021 – a 10.5 percent year-over-year growth. Quartley revenues for the fourth quarter increased by 6.9 percent year-over-year to $70.7 million. Adlersberg commented: “I am pleased to report solid financial results for the fourth quarter, growing revenues 6.9% year-over-year and capping 2022 with a double-digit growth rate of 10.5%. “We see growing business activity in UCaaS and CX, and with the ongoing proliferation of AI in the enterprise, we believe we are well-positioned to extend our leadership in applying AI to voice applications and emerge a stronger and more competitive player.” Microsoft In May 2022, Audiocodes reported strong growth in its Zoom and Microsoft Teams offerings as businesses continue to add voice to their collaboration platforms. That strong growth continued throughout the year, and as stated above, Adlersberg claimed that the primary growth engine for Audiocodes in FY 2022 came from its Microsoft-related […]
Digital Transformation in Pharma
Digital technologies are bringing people and processes together across the pharmaceutical industry. Good transformation management is the key to success. The life science industry has become more and more newsworthy in the last 2 years and even more so today. As an important global sector, it continues to evolve, encountering not only complex and ever-changing customer and patient demands but increased requirements for drugs with sensitive ingredients, all of which combine for a challenging environment. The process of digitalization can help simplify the many hurdles faced by pharmaceutical and biotech companies by supporting and creating even more efficient and optimized processes for the future. The recipe for success is a consistent digitalization strategy that involves employees as an important element of comprehensive transformation management. Digital transformation demands passion and motivation for change, particularly in a highly sensitive and strictly regulated work environment like the biopharmaceutical industry. Because the development and manufacture of drugs are becoming increasingly complex and more competitive, it is essential that future-oriented companies use modern digital solutions to keep pace. This can only be achieved through a strong commitment at all levels within the company and consist Continue reading this story and get 24/7 access to […]
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Digital transformation is essential if pharmacies are to survive
With health services across the country under severe pressure, community pharmacies are finding themselves on the brink. Over 400 pharmacies closed in the last year [1] , with one in ten chemist shops closing since 2015. Unless something is done, even more pharmacies are forecast to shut down. As pharmacies are built to function as the first point of contact for people looking for healthcare advice, it is crucial that they are given the necessary support to fulfil such a role. Pharmacy troubles Analysts have recently revealed that pharmacies are suffering a £67,500 annual shortfall due to a lack of government funding in line with economic growth [2] . In addition to funding cuts, increased costs are severely crippling pharmacies. The cost of antibiotics used to treat infections, for example, rose by more than ten times towards the end of 2022, with suppliers charging £14.95 for a bottle of penicillin, up from £1.30 at the start of 2022 [3] . However, funding difficulties are not the only problems pharmacies are facing. A lack of digitisation is leaving pharmacies hamstrung. In order for pharmacies to effectively support the NHS and take on a greater role in primary care, they must […]