SecureWorks Teams with VMware to Bring Pervasive Visibility and Intrinsic Security to Public Cloud Deployments

SecureWorks Teams with VMware to Bring Pervasive Visibility and Intrinsic Security to Public Cloud Deployments

SAN FRANCISCO–(BUSINESS WIRE)–RSA CONFERENCE 2020Secureworks® (NASDAQ: SCWX) today announced the launch of its new cloud configuration assessment. Based on VMware Secure State, the solution addresses pervasive security challenges in public cloud adoption, including the exposure of critical assets due to the misconfiguration of security options and insider mistakes.

To advance digital transformation, CIOs must embrace the idea that cloud security is a shared responsibility model. Through 2025, 99 percent of cloud security failures will be the customer’s fault, according to Gartner, Inc.1 Security leaders are challenged to maintain internal security policies and technologies, as well as the right technology controls, to manage the risk of data exposure across their public cloud footprint. Understanding the business impact of each security decision can help CIOs strengthen their posture while maintaining application agility.

Secureworks Cloud Configuration Review Service

Secureworks’ new Cloud Configuration Review pairs its two decades of security operations and consulting experience with the innovative VMware Secure State, a public cloud security and compliance monitoring platform, to give customers an immediate head start against cloud security risks such as misconfiguration. The solution will help customers detect configuration vulnerabilities, understand the business impact of critical risks and address the security and compliance challenges associated with public cloud adoption.

“Customers want more help prioritizing the right cloud security controls that both protect and enable their unique business goals, and we are pleased to include VMware Secure State in our solutions portfolio to advance that goal,” said Wendy Thomas, Secureworks Chief Product Officer. “Secureworks’ SecOps experience coupled with VMware Secure State’s unique risk correlation and visualization capabilities will give customers deeper, more actionable security insights in the cloud than ever before.”

Secureworks Cloud Configuration Review includes:

  • A Customer Workshop: to understand customer’s business context, multicloud footprint, security policies and compliance needs
  • Security and Compliance Assessment: a scan of AWS and Azure infrastructure with VMware Secure State technology to assess cloud configurations against CIS foundations benchmark, proprietary best practices and regulatory compliance frameworks
  • Security Recommendations: a consultative review of VMware Secure State findings to deliver a visual understanding of security risks, recommendations for remediation actions and guidance on how to prioritize security controls that have the most impact on cloud security posture
  • Self-Service Access: 30-day access to VMware Secure State service to improve understanding of cloud asset relationships, correlate risk due to misconfigurations and threats and plan a remediation strategy in collaboration with other teams

Secureworks and VMware Collaborate on Public Cloud Security

Secureworks, a leading global cybersecurity company that protects organizations in a digitally connected world, delivers a range of security technology and solutions to help customers quickly identify threats and take timely actions to reduce their risk of a breach. With many CIOs adopting a cloud-first strategy, hardening the cloud security posture and driving organization-wide best practices at cloud speed is a priority for many Secureworks customers.

VMware Secure State protects millions of cloud resources across AWS and Azure clouds, and enables security teams to get real-time visibility, improve speed and sophistication of vulnerability detection and correlate security risk across dynamic cloud infrastructure. Delivered as a service, it facilitates proactive collaboration between security, operations and engineering teams for reducing the risk of security breaches. Through this expanded relationship Secureworks will make VMware’s intrinsic security technology available to thousands of customers that Secureworks serves globally.

“The security industry is facing an acute shortage of talented engineers that can tackle security challenges associated with modern applications and cloud technologies,” said Jason Needham, Senior Director, Cloud Security, VMware. “As companies continue to increase their cloud footprint, skills shortages and lack of tooling create a profound security risk for companies delivering mission-critical applications in the cloud. This pairing of SecureWorks’ human intelligence with the VMware Secure State service can help address this gap for our mutual customers.”

Today Secureworks also provides managed security services for VMware hybrid cloud environments.

Additional Resources

  1. Secureworks Cloud Configuration Review
  2. VMware Secure State

1Gartner, Inc., A Public Cloud Risk Model: Accepting Cloud Risk Is OK, Ignoring Cloud Risk Is Tragic, Paul Proctor, Daryl Plummer and Jay Heiser, 25 February 2019

About Secureworks

Secureworks® (NASDAQ: SCWX) is a technology-driven cybersecurity leader that protects organizations in the digitally connected world. Built on proprietary technologies and world-class threat intelligence, the company’s applications and solutions help prevent, detect and respond to cyber threats. Red Cloak™ software brings advanced threat analytics to thousands of customers, and the Secureworks Counter Threat Platform™ processes over 300B threat events per day. Secureworks understands complex security environments and is passionate about simplifying security with Defense in Concert so that security becomes a business enabler. More than 4,000 customers across over 50 countries are protected by Secureworks, benefit from our network effect and are Collectively Smarter. Exponentially Safer.™

VMware and VMware Secure State are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions.

Visit Secureworks.com

Follow @Secureworks on Twitter

https://www.linkedin.com/company/secureworks

Read the Secureworks Blog

Special Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933 and are based on Secureworks’ current expectations. Forward-looking statements in this press release include statements related to expectations and beliefs regarding the Managed Detection and Response, powered by Red Cloak service, the Red Cloak Threat Detection and Response application, and the expected capabilities and benefits of the application and future Red Cloak SaaS solutions. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, competitive uncertainties and general economic and business conditions in Secureworks’ markets as well as the other risks and uncertainties that are described in Secureworks’ periodic reports and other filings with the Securities and Exchange Commission, which are available for review through the Securities and Exchange Commission’s website at www.sec.gov. Any forward-looking statement speaks only as of the date as of which such statement is made, and, except as required by law, we undertake no obligation to update any forward-looking statement after the date as of which such statement was made, whether to reflect changes in circumstances or our expectations, the occurrence of unanticipated events, or otherwise. Any future product, service, feature, benefit or related specification referenced in this press release are for information purposes only and are not commitments to deliver any technology or enhancement.

Doreen Kelly Ruyak

Press@secureworks.com

202-744-9767

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Networks Internet Security Technology Software

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San Francisco Housing Accelerator Fund Secures $100 Million Commitment From First Republic Bank to Finance Affordable Housing

San Francisco Housing Accelerator Fund Secures $100 Million Commitment From First Republic Bank to Finance Affordable Housing

Major commitment from First Republic will help nonprofit lender preserve and produce more than 2000 affordable homes in San Francisco over the next 5 years.

SAN FRANCISCO–(BUSINESS WIRE)–The San Francisco Housing Accelerator Fund (SFHAF) announced today a $100 million commitment from First Republic Bank (NYSE:FRC) in the form of a revolving credit facility to support the preservation of affordable housing in San Francisco through SFHAF’s anti-displacement lending program.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200226005228/en/

A public-private partnership, SFHAF provides flexible loans to nonprofit community partners so they can compete with market-rate development corporations to purchase buildings for low-income residents vulnerable to displacement. With financial assistance from SFHAF, the nonprofits buy the buildings, complete extensive repair work, and operate them as permanently affordable housing.

First Republic’s investment brings SFHAF’s total lending pool to $210 million. Of that amount, SFHAF has already committed more than $130 million to its nonprofit development partners, including Mission Economic Development Agency (MEDA), Chinatown Community Development Center (CCDC) Tenderloin Neighborhood Development Corporation (TNDC), San Francisco Housing Development Corporation (SFHDC), and BRIDGE Housing.

“To address the continued rising costs of housing in San Francisco, we need more tools to both build more housing and preserve affordable housing we have,” said San Francisco Mayor London N. Breed. “The Housing Accelerator Fund is a great partner in helping us to secure more buildings through initiatives including our Small Sites Program, which keeps our residents stable in our neighborhoods. It’s critical that the private sector step up to help organizations like the Housing Accelerator Fund deliver on its important mission.”

Since its launch in 2017, SFHAF has funded 18 loans throughout the City, and its lending program has financed the preservation and production of more than 440 units of affordable housing. By leveraging First Republic’s $100 million commitment, SFHAF expects to multiply that number fivefold. “First Republic Bank is taking a leadership role in addressing the affordable housing crisis in San Francisco,” said Rebecca Foster, CEO of SFHAF. “The $100 million commitment is one of the largest SFHAF has ever received, and it demonstrates the bank’s focus on an issue of vital importance to the entire community. We encourage others to join us in ensuring San Francisco’s future is affordable for all.”

Foster estimates that with the $100 million of low-cost debt her organization will preserve an additional 2000+ units of affordable housing over the next 5 years, creating permanently affordable homes for more than 3,000 residents in San Francisco.

“First Republic is pleased to be working with SFHAF, which has an excellent track record of financing affordable housing in San Francisco,” said Jim Herbert, Founder, Chairman and CEO of First Republic Bank. “Working with SFHAF is part of our larger commitment to support regional solutions to the affordable housing crisis and is consistent with our core value of strengthening our communities.”

Since 2011, First Republic has originated $6 billion in low- to moderate-income community development loans and has helped develop 100,000 affordable rental units through low-income housing tax credit investments. The bank has also made 6,000 home mortgages through its Eagle Community program, which offers special interest rates and dedicated bankers to borrowers in underserved minority areas. In February, First Republic made a $5 million commitment to the Partnership for the Bay’s Future to fund regional affordable solutions.

SFHAF has already closed one loan to MEDA using First Republic’s investment, transitioning six apartments in San Francisco’s Mission district to permanent affordability and protecting more than 15 low-income residents from displacement.

“We know what we’re doing works to keep our city’s communities vibrant and diverse, and our most vulnerable residents in stable homes, protected from displacement and homelessness. Powerful, impact-driven investments like First Republic’s enable us to scale, so that we can finance several thousand units of high-quality, permanently affordable housing every year,” Foster said.


About The San Francisco Housing Accelerator Fund

The San Francisco Housing Accelerator Fund is committed to the preservation and expansion of quality affordable housing for economically disadvantaged individuals and households. An innovative nonprofit public-private partnership, SFHAF works with the city of San Francisco, local foundations, private lending institutions, and corporations to provide powerful new financing tools to ensure that San Francisco remains vibrant, equitable, and inclusive for all. Visit us at www.sfhaf.org.

About First Republic Bank

Founded in 1985, First Republic and its subsidiaries offer private banking, private business banking and private wealth management, including investment, trust and brokerage services. First Republic specializes in delivering exceptional, relationship-based service and offers a complete line of products, including residential, commercial and personal loans, deposit services, and wealth management. Services are offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach and San Diego, California; Portland, Oregon; Boston, Massachusetts; Palm Beach, Florida; Greenwich, Connecticut; New York, New York; and Jackson, Wyoming. First Republic is a constituent of the S&P 500 Index and KBW Nasdaq Bank Index. For more information, visit firstrepublic.com.

The San Francisco Housing Accelerator Fund

Investors:

Becca Hutman

bhutman@sfhaf.org

415-663-6938

Media:

Juliana Bunim

juliana@lh-pa.com

(415) 364-000

First Republic Bank

Investors:

Andrew Greenebaum / Lasse Glassen

Addo Investor Relations

agreenebaum@addoir.com

lglassen@addoir.com

(310) 829-5400

Media:

Greg Berardi

Blue Marlin Partners

greg@bluemarlinpartners.com

(415) 239-7826

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Finance Banking Professional Services Residential Building & Real Estate Construction & Property

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Skechers Collaborates With Goodyear on Footwear

Skechers Collaborates With Goodyear on Footwear

A Range of Skechers Styles Feature Goodyear Rubber Technology Outsoles for Enhanced Grip, Stability and Durability

MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–
Global footwear powerhouse Skechers is building on the technology in its footwear through a new collaboration with The Goodyear Rubber & Tire Company. Select styles across multiple categories for men, women and kids will utilize Goodyear rubber technology in custom Skechers outsoles that will deliver increased grip, stability and durability.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200226005196/en/

Select Skechers styles now feature Goodyear Performance Outsoles for enhanced grip, stability and durability. (Photo: Business Wire)

Select Skechers styles now feature Goodyear Performance Outsoles for enhanced grip, stability and durability. (Photo: Business Wire)

“This collaboration is an example of two trusted brands coming together to create a high-tech product that will truly benefit our consumer,” said Michael Greenberg, president of Skechers. “Through this effort, select products will feature Goodyear Performance Outsoles, offering that extra edge where it’s needed most—be it enhanced stability on a run, excellent grip over slippery surfaces in the workplace, or durability on the playground for long-lasting wear. We expect this will resonate with our customers who need these innovations in the comfortable Skechers footwear that they love.”

“Goodyear has always worked to create innovative products that provide consumers with high-performance tires, and now we’re using that same ingenuity to enable consumers to wear high-performance shoes,” said Christian Jurado, Goodyear’s global director of licensed products.

The shoes, featuring Goodyear Performance Outsoles, are designed for durability with long-lasting wear, excellent grip on a variety of surfaces and weather conditions and enhanced stability through exceptional traction. This is made possible with Goodyear-developed rubber technology that contains a special polymer including sustainable soybean oil—a renewable, bio-based material used in some of the company’s top-performing tires (available in the U.S. and Canada)—like the Assurance® WeatherReady®, Eagle® Exhilarate® and Eagle® Enforcer® All Weather® and the Assurance ComfortDrive®.

Initially launched on three running shoes from the Skechers GOrun collection, the range of styles featuring Goodyear Performance Outsoles now includes a wider assortment of running and walking sneakers and will expand through 2020 to athletic lifestyle, trail, and work footwear categories for men and women, as well as kids’ styles.

Skechers styles featuring Goodyear Performance Outsoles are available at Skechers retail stores, www.skechers.com, and select retail partners.

About Skechers U.S.A., Inc.

Based in Manhattan Beach, California, Skechers (NYSE:SKX) designs, develops and markets a diverse range of lifestyle footwear for men, women and children, as well as performance footwear for men and women. Skechers footwear is available in the United States and over 170 countries and territories worldwide via department and specialty stores, more than 3,550 Skechers Company-owned and third-party-owned retail stores, and the Company’s e-commerce websites. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, and throughout Europe and Latin America. For more information, please visit about.skechers.com and follow us on Facebook, Instagram, and Twitter.

About The Goodyear Tire & Rubber Company

Goodyear is one of the world’s largest tire companies. It employs about 63,000 people and manufactures its products in 47 facilities in 21 countries around the world. Its two Innovation Centers in Akron, Ohio, and Colmar-Berg, Luxembourg, strive to develop state-of-the-art products and services that set the technology and performance standard for the industry. For more information about Goodyear and its products, go to www.goodyear.com/corporate.

Reference in this press release to “Sales” refers to Skechers’ net sales reported under generally accepted accounting principles in the United States. This announcement also contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, Skechers’ future domestic and international growth, financial results and operations including expected net sales and earnings, its development of new products, future demand for its products, its planned domestic and international expansion, opening of new stores and additional expenditures, and advertising and marketing initiatives. Forward-looking statements can be identified by the use of forward-looking language such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” “project,” “will be,” “will continue,” “will result,” “could,” “may,” “might,” or any variations of such words with similar meanings. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in forward-looking statements. Factors that might cause or contribute to such differences include international economic, political and market conditions including the challenging consumer retail markets in the United States; the disruption of business and operations due to the coronavirus; sustaining, managing and forecasting costs and proper inventory levels; losing any significant customers; decreased demand by industry retailers and cancellation of order commitments due to the lack of popularity of particular designs and/or categories of products; maintaining brand image and intense competition among sellers of footwear for consumers, especially in the highly competitive performance footwear market; anticipating, identifying, interpreting or forecasting changes in fashion trends, consumer demand for the products and the various market factors described above; sales levels during the spring, back-to-school and holiday selling seasons; and other factors referenced or incorporated by reference in Skechers’ annual report on Form 10-K for the year ended December 31, 2018, and its quarterly report on Form 10-Q for the three months ended September 30, 2019. The risks included here are not exhaustive. Skechers operates in a very competitive and rapidly changing environment. New risks emerge from time to time and we cannot predict all such risk factors, nor can we assess the impact of all such risk factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, you should not place undue reliance on forward-looking statements as a prediction of actual results. Moreover, reported results should not be considered an indication of future performance.

Jennifer Clay

Skechers

jennc@skechers.com

(310) 937-1326

Julia Ish

Goodyear

Julia_ish@goodyear.com

330-796-6365

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Sports General Sports Online Retail Department Stores Women Fashion Men Retail Running Consumer Teens

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Select Skechers styles now feature Goodyear Performance Outsoles for enhanced grip, stability and durability. (Photo: Business Wire)
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Intel Highlights Latest Security Investments at RSA 2020

Intel Highlights Latest Security Investments at RSA 2020

Announces Compute Lifecycle Assurance Momentum, Previews New Security Capabilities

SAN FRANCISCO–(BUSINESS WIRE)–
At the Intel Security Day event during RSA Conference 2020, Intel underscored its commitment to security with several announcements, including details on security capabilities coming in future products. At Intel, security is a fundamental and foundational element of all aspects of architecture, design and implementation. Together with customers and partners, Intel is building a more trusted foundation in this data-centric world.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200226005170/en/

Tom Garrison, Intel vice president and general manager of Client Security Strategy and Initiatives, discusses strategy for evolving security in CPUs that have 30 billion transistors and are 1/100th the size of a photon of light, starting with Intel Transparent Supply Chain (Intel TSC) at RSA Conference 2020 in San Francisco on Monday, Feb. 24, 2020. Intel TSC proves transparency of a device’s origin and helps establish the foundation for a trusted supply chain. (Credit: Intel Corporation)

Tom Garrison, Intel vice president and general manager of Client Security Strategy and Initiatives, discusses strategy for evolving security in CPUs that have 30 billion transistors and are 1/100th the size of a photon of light, starting with Intel Transparent Supply Chain (Intel TSC) at RSA Conference 2020 in San Francisco on Monday, Feb. 24, 2020. Intel TSC proves transparency of a device’s origin and helps establish the foundation for a trusted supply chain. (Credit: Intel Corporation)

“Hardware is the bedrock of any security solution. Just as a physical structure requires a foundation established on bedrock to withstand the forces of nature, security solutions rooted in hardware will provide the greatest opportunity to provide security assurance against current and future threats,” said Tom Garrison, Intel vice president and general manager of Client Security Strategy and Initiatives. “Intel hardware, and the assurance and security technologies it brings, help harden the layers above from attack.”

More:Intel Security News

Intel customers build solutions and services that depend on the breadth and depth of technologies in the silicon, vertical integration and substantive reach from edge to cloud. It is Intel’s mission to provide common security capabilities across all architectures, to help address the ever-increasing sophistication of user experiences.

Data must be protected at rest and in motion. The protection of data is critical to extracting value from it, while delivering uncompromised performance. The next 10 years will see more architecture ​advancements than the past 50 years.

“Intel is uniquely positioned in the industry to create and deliver truly innovative security technologies that span architectures, memory and interconnect,” said John Sell, Intel Fellow and director of Intel Security Architecture and Technology.

Data Platform Protection

As the demand for data-intensive computing grows, there is a need to balance the ease of scaling deployment with the level of data protections. To address customer challenges, new confidential computing capabilities on future data center platforms are expected to offer scale and choice:

  • Application isolation helps protect data in use with a very narrow attack surface. Already deployed for production data centers and solutions, Intel® Software Guard Extensions (Intel SGX) will expand to a broader range of mainstream data-centric platforms, and is expected to provide larger protected enclaves, extended protections to offload accelerators and improved performance. This will further expand the number of usages able to leverage these advanced application isolation capabilities.
  • VM and container isolation helps provide protections in virtualized environments, isolating them from each other and from the hypervisor and cloud provider without requiring application code modifications.
  • Full memory encryption helps better protect against physical memory attacks​ by providing hardware-based encryption transparent to the operating system and software​ layers.
  • Intel® Platform Firmware Resilience is an Intel FPGA-based solution that helps protect the various platform firmware components by monitoring and filtering malicious traffic on the system buses. It also verifies the integrity of platform firmware images before any firmware code is executed and can recover corrupted firmware back to a known good state. When combined with other trusted boot technologies on new platform generations, Intel continues to contribute additional tools to increase resistance against attack and help provide a more trusted foundation for modern cloud and enterprise deployments.

More information can be found on Intel’s IT Peer Network.

Compute Lifecycle Assurance Industry Traction

Since its launch in December, Intel’s Compute Lifecycle Assurance Initiative has gained traction with customers and ecosystem partners, starting with the foundational offering Intel® Transparent Supply Chain (Intel TSC).

Transparency of a device’s origin helps establish the foundation for a trusted supply chain. Intel TSC tools allow platform manufacturers to bind platform information and measurement using the Trusted Computing Group’s (TCG) Trusted Platform Module 2.0 (TPM) standard, also referred to as ISO 11889. This allows customers to gain traceability and accountability for platforms with component-level reporting. More information can be found in a blog by Intel’s Tom Dodson.

Intel TSC is currently available for customers across Intel vPro® platform-based PCs, Intel® NUC, Intel® Xeon® SP systems, Intel® solid-state drives and certain Intel® Core™ commercial PCs.

To demonstrate Intel’s commitment to transparency, measurement and assurance of the supply chain, Intel also enables ecosystem partners with Intel TSC tools. Today, Hyve Solutions, Inspur, Lenovo (client and server), Mitac, Quanta, Supermicro and ZT Systems have enabled Intel TSC tools. In addition, Intel has active deployments of Intel TSC with enterprise IT and cloud service providers.

“This chain of trust process provides essential traceability based on the TPM,” said Thorsten Stremlau, chair of TCG’s Marketing Work Group. “Bringing component-level traceability to platforms and systems increases confidence and reduces the risk of counterfeit electronic parts while also facilitating procurement standards. This is the right direction for the industry.”

It often takes the industry working together to make technological advancements. Intel has a strong legacy of assisting its customers and industry partners in developing new and innovative ways to improve hardware security. Intel shares knowledge of this experience through its participation and contributions to leading industry initiatives and standards bodies, including the Confidential Computing Consortium under the Linux Foundation, the FIDO Alliance’s IoT Technical Workgroup and the newly expanded Common Weakness Enumeration led by MITRE. Such efforts underscore Intel’s unique capacity to build a more trusted foundation for the industry.

About Intel

Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.

Notices and Disclosures:

Intel technologies may require enabled hardware, software or service activation.

No product or component can be absolutely secure.

Your costs and results may vary.

© Intel Corporation. Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

Megan Phelan

Highwire Public Relations for Intel Corporation

916-834-0802

megan@highwirepr.com

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Software Networks Internet Hardware Data Management Technology Semiconductor Security

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Tom Garrison, Intel vice president and general manager of Client Security Strategy and Initiatives, discusses strategy for evolving security in CPUs that have 30 billion transistors and are 1/100th the size of a photon of light, starting with Intel Transparent Supply Chain (Intel TSC) at RSA Conference 2020 in San Francisco on Monday, Feb. 24, 2020. Intel TSC proves transparency of a device’s origin and helps establish the foundation for a trusted supply chain. (Credit: Intel Corporation)
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John Sell, Intel fellow and director of Intel Security Architecture and Technology, provides an overview of Intel’s mission to provide common security capabilities across all architectures to help address the ever-increasing sophistication of user experiences at RSA Conference 2020 in San Francisco on Monday, Feb. 24, 2020. (Credit: Intel Corporation)

Xcel Energy Sets Single-Year Record Cutting Carbon

Xcel Energy Sets Single-Year Record Cutting Carbon

Company achieves a 10% decline in emissions from 2018-2019

MINNEAPOLIS–(BUSINESS WIRE)–
Xcel Energy hit a significant milestone in its quest to deliver 100% carbon-free electricity to customers by 2050. The company recorded its largest single-year drop in emissions in 2019, cutting carbon by 5.6 million tons, a more than 10% reduction in one year. Since 2005, the company has reduced carbon emissions by 44% as it leads the nation’s clean energy transition.

“We’re making tremendous progress on our clean energy journey. Our 2019 carbon results demonstrate our ability to transition to low-carbon energy resources while keeping service reliable and customer bills low,” said Ben Fowke, chairman, president and CEO of Xcel Energy.

Several factors contributed to these results. The company increased wind generation on its system, with wind energy making up more than 20% of its energy supply last year. The increase is due to the completion of three significant wind projects in 2018 and 2019, including Rush Creek in Colorado, and Hale and Bonita in Texas. Other factors include flexible coal plant operations, strong performance from the company’s nuclear fleet and low natural gas prices, which allowed Xcel Energy to continue reducing coal generation.

Xcel Energy’s 2019 carbon reductions are well ahead of its industry, which is ahead of any other part of the economy. The electric industry is on pace to reduce carbon emissions about 30% in 2019 from 2005 levels, according to preliminary results from the U.S. Energy Information Administration.

“Just as we’re committed to reducing carbon emissions from the electricity we provide, we’re also working to reduce greenhouse gas emissions from our natural gas business and we’re taking several ambitious steps to do so,” said Fowke.

Xcel Energy has joined ONE Future, which is a consortium of natural gas companies working together to voluntarily reduce methane emissions below 1%, by 2025. That’s a level that studies show minimizes impact on the environment.

Xcel Energy has pledged to keep its own methane emissions to less than .2% in its natural gas operations. The company will report its methane emissions annually to ONE Future, which has reporting standards that go beyond what regulations currently require.

Xcel Energy has also invested more than $1 billion to improve its natural gas pipelines and tighten its system. The company also participates in EPA’s voluntary Natural Gas STAR and its Methane Challenge program.

About Xcel Energy

Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.

Xcel Energy Media Relations

(612) 215-5300

www.xcelenergy.com

KEYWORDS: Minnesota United States North America

INDUSTRY KEYWORDS: Other Energy Utilities Oil/Gas Environment Coal Alternative Energy Energy Nuclear

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AXIS Announces Retirement of Chairman and Co-Founder Michael Butt, Appoints Henry B. Smith as Chairman-Elect

AXIS Announces Retirement of Chairman and Co-Founder Michael Butt, Appoints Henry B. Smith as Chairman-Elect

PEMBROKE, Bermuda–(BUSINESS WIRE)–
AXIS Capital Holdings Limited (“AXIS Capital” or “the Company”) (NYSE: AXS) announced today that Michael Butt, OBE, Chairman of the Board of Directors, will retire from the Company, effective September 16, 2020. A co-founder of AXIS and member of the Insurance Hall of Fame, Mr. Butt is a recognized industry leader who is credited for his instrumental role in establishing Bermuda as one of the world’s foremost (re)insurance hubs. Mr. Butt will be succeeded by Henry B. Smith, who has served as a member of the AXIS Capital Board of Directors since May 2004 and as Lead Independent Director since May 2012.

“I want to express my deep appreciation to Michael for all he has done for our Company since its inception, and for the many contributions he has made to the (re)insurance industry over the course of his career,” said Albert A. Benchimol, AXIS President and CEO. “Michael’s impact on our industry and our Company has been immense. It has been an honor and a privilege to serve with Michael and call him my mentor, colleague and friend.”

Over the course of his five-decade career, Mr. Butt has been a builder of business, a builder of markets and a passionate voice on issues such as climate risk. He was appointed Chairman of the AXIS Capital Board of Directors in September 2002, and has played a pivotal role in guiding AXIS from a start-up into an established player in the global (re)insurance industry. Mr. Butt has held numerous leadership roles within the industry which have included serving as Chairman of Sedgwick Limited; CEO of Eagle Star Holdings plc and Eagle Star Insurance Company; CEO of MidOcean Limited; and Director of XL Capital Limited and Farmers Insurance Group.

In 2011, Mr. Butt was appointed as an Officer of the Order of the British Empire (OBE) to commemorate his distinguished contributions toward the building of the Bermuda reinsurance industry and in 2019 was named by the International Insurance Society as its 2019 Insurance Hall of Fame Laureate.

Mr. Butt added: “I wish to express my gratitude to the many people who have made my nearly two decades at AXIS so enjoyable. I particularly want to thank my fellow Board Directors and AXIS colleagues, as well as our shareholders, clients, and partners in distribution. I am confident AXIS is in good hands under the leadership of our CEO Albert Benchimol and the incoming independent Board Chairman Henry Smith, and believe the firm is very well-positioned to be a leader in the specialty insurance and global reinsurance industry.”

Mr. Smith is the former CEO and President of W.P. Stewart & Co., Limited. Previously he served as the CEO of the Bank of Bermuda Limited, a position he held for seven years until the acquisition of the bank by HSBC Holdings plc. At AXIS, in addition to the role as Chairman-Elect of the AXIS Board of Directors, Mr. Smith is current Chair of the Executive and Compensation Committees and a member of the Corporate Governance & Nominating and Risk Committees.

Investors

Matt Rohrmann

AXIS Capital Holdings Limited

investorrelations@axiscapital.com

+1 212 940 3339

Media

Anna Kukowski

AXIS Capital Holdings Limited

anna.kukowski@axiscapital.com

+1 212 715 3574

KEYWORDS: Bermuda Caribbean

INDUSTRY KEYWORDS: Professional Services Insurance Finance

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A Decade of Progress: Multiple Perspectives, Diverse Backgrounds and Community Giving Propel Lincoln Into 2020

A Decade of Progress: Multiple Perspectives, Diverse Backgrounds and Community Giving Propel Lincoln Into 2020

Company Recognized for Inclusive Employee Culture and Commitment to Improving Lives, Communities and the Environment

RADNOR, Pa.–(BUSINESS WIRE)–
Today, Lincoln Financial Group (NYSE: LNC) celebrates recent accolades in corporate responsibility, highlighting the company’s significant efforts to improve the lives of its customers, employees and communities, and setting the stage for the next decade of continued focus and momentum in these critical areas.

In today’s tight job market, a company’s commitment to doing the right thing for its communities, its employees and the environment can make a difference when it comes to recruiting and retaining top talent. According to a new survey, 40% of employed US adults say they would turn down their dream job if they weren’t sure of an employer’s commitment to doing the right thing, and 53% say they would turn down the opportunity to leave their current employer for a higher-paying job if the new company was less socially responsible1.

Lincoln is dedicated to building vital communities through philanthropy, creating a diverse and inclusive culture that develops and empowers its employees, protecting the environment through sustainable business practices, and operating with transparency and responsibility.

“In all that we do at Lincoln, we are focused on a common purpose: to provide financial peace of mind to everyday consumers across the United States. This shared mission infuses each of our actions with meaning – in both our business practices and community outreach programs,” said Dennis R. Glass, president and CEO of Lincoln Financial Group. “The more diversity of thought, experience and people we have, the better our decisions will be. More support for the communities in which we live and work translates to higher employee engagement. Not only is being a responsible company the right thing to do – it also makes us stronger and helps us best serve our customers.”

Recent industry accolades recognizing Lincoln’s commitment include:

  • Newsweek’s 2020 America’s Most Responsible Companies listrecognized Lincoln as #37 overall and #3 based on Environmental Score. This ranking evaluates 2,000 public companies to determine which firms rank highest when it comes to doing good.
  • Lincoln received its fifth consecutive perfect score on the Corporate Equality Index, and was designated as a Best Place to Work for LGBTQ Equality for 2020. This year marks the ninth time Lincoln has been recognized by the Human Rights Campaign.
  • Forbes recently named Lincoln a Best Employer for Diversity for the third consecutive year, ranking in the top third of the publication’s 2020 list. In addition, Lincoln received recognition from Forbes as part of its 2019 World’s Best Employer List, an annual ranking of the world’s 2,000 largest public companies based on employee recommendations. Lincoln has also consecutively received recognition from Forbes as a Best Employer for Women and a Best Large Employer.
  • Lincoln also ranked #66 on the 2020 Forbes JUST 100 list of public companies that are “doing right by America,” which looks at factors like equal opportunity for employees, and treating customers fairly and inclusively.
  • For the fourth consecutive year, Lincoln was named to the prestigious Dow Jones Sustainability Index (DJSI) North America. The index recognizes companies that demonstrate leadership in environmental, social and governance performance. In addition, Lincoln has continually been recognized as a constituent of the FTSE4Good Index Series.
  • Also in 2019, Lincoln received recognition as a Best Place to Work for Disability Inclusion, with a 100% score on the Disability Equality Index© (DEI), a joint initiative between the American Association of People with Disabilities (AAPD) and Disability:IN.

With the help of its 12,000 employees, Lincoln has expanded existing programs while launching several new initiatives to help improve lives, communities and the environment, including:

  • CEO Dennis Glass signed on as a founding member of the CEO Action on Diversity and Inclusion – a nationwide initiative to educate employees and counter unconscious bias in the workplace.
  • Through the work of the Lincoln Financial Foundation, Lincoln contributes about 9 million per year to nonprofit organizations in its communities. In addition, Lincoln employees coordinate local giving in the company’s main locations through Employee Activities Committees. For example, Lincoln employees have a long tradition of supporting local United Way organizations through annual workplace campaigns. In 2018, employee giving for United Way agencies surpassed $1 million for the sixth consecutive year.
  • In 2017, Lincoln launched its Women’s Leadership Summit, a two-day event where officer-level women – and other high-potential female and male employees – convene with senior leaders to gain insights from each other as well as internal and external speakers. As of 2019, women comprise 61% of Lincoln’s workforce, exceeding industry and government benchmarks. Women hold 50% of all management positions and represent 27% of the board of directors, 33% of the top executive positions and make up 40% of the company’s top earners.2 In February 2020, Lincoln was recognized by 2020 Women on Boards as a leading corporation in board diversity.
  • Lincoln continues to make progress on reducing energy use and greenhouse gas emissions, reducing electricity consumption by 17.68% at its Greensboro location, exceeding the 2020 goal of a 10% reduction, and setting a new goal of an overall 35% reduction by 2022.
  • In 2019, Lincoln launched Autism2Work, a program designed to successfully attract, and ultimately hire, a more neurodiverse workforce. In addition to this program, Lincoln Financial is the presenting sponsor of the annual Eagles Autism Challenge, which raised more than $6 million for autism research and programs in its first two years.
  • In 2015, Lincoln’s network of financial advisors (Lincoln Financial Network) launched the WISE Group (Women Inspiring, Supporting and Educating), an initiative designed to better support the needs of its female financial advisors and their clients. The group has hosted 600-plus advisors at more than 30 events across the United States, and this program continues to grow across the organization.

Read more about Lincoln Financial’s strategy, actions and achievements in the areas of corporate philanthropy, environmental sustainability and responsible business practices in the 2018 Corporate Social Responsibility report, Making it count: Real people, real stories.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $275 billion in assets under management as of December 31, 2019. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, Lincoln earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index. Lincoln has also been recognized in Newsweek’s Most Responsible Companies and is among Forbes’ World’s Best Employers, Best Large Employers, Best Employers for Diversity, Best Employers for Women and ranked on the JUST 100 list. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.

LCN-2961027-022020

1U.S. Employee Perspectives on Corporate Social Responsibility, Lincoln Financial and CivicScience (2020)

2 Women in Leadership Report, The Forum for Executive Women. Philadelphia, PA.

Media Contacts:

Amy Ponticello

(484) 583-3904

Amy.Ponticello@lfg.com

Kelly Capizzi

(484) 583-1273

Kelly.Capizzi@lfg.com

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Other Professional Services Human Resources Finance Consulting Banking Other Consumer Professional Services Philanthropy Women Environment Seniors Men Gay & Lesbian Other Philanthropy Consumer

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Starbucks and PepsiCo Bring Nitro Cold Brew to the Grocery Aisle and Convenience Stores

Starbucks and PepsiCo Bring Nitro Cold Brew to the Grocery Aisle and Convenience Stores

After expanding Nitro Cold Brew availability to U.S. Starbucks stores nationwide last summer, the brand is bringing the velvety smooth taste of Nitro Cold Brew to scale in a new ready-to-drink format

SEATTLE & PURCHASE, N.Y.–(BUSINESS WIRE)–
Starbucks (Nasdaq: SBUX) and PepsiCo today announced the launch of new Ready-To-Drink (RTD) Starbucks® Nitro Cold Brew, entering a high growth segment of the RTD Cold Brew category. This is the latest product to join the ranks of successful innovations developed since Starbucks and PepsiCo formed the North American Coffee Partnership (NACP) in 1994, which includes Bottled Cold Brew, Bottled Frappuccino® chilled coffee drink, Starbucks Tripleshot® beverages, Starbucks Doubleshot® beverages, Multi-Serve Iced Coffee and more. Over the past 25+ years, the NACP has grown to more than $2 billion in retail sales, and Starbucks is the leader in the RTD coffee category with 82 percent share.

“Through the NACP, Starbucks and PepsiCo created the RTD Coffee category 25 years ago and have consistently delivered leading innovation to our consumers,” said Nik Dhodi, Starbucks senior director, brand management. “To build on the success of Starbucks Nitro Cold Brew in our retail cafes and meet the evolving needs of consumers in the category, we are excited to launch a line of RTD Starbucks Nitro Cold Brew beverages to expand the reach to even more people.”

While RTD Nitro Cold Brew isn’t new to the marketplace, Starbucks is one of the only coffee companies to bring it to scale, and the brand sees a great opportunity to further expand the RTD Nitro Cold Brew market that is growing at a rate of almost 40% per year.

RTD Starbucks Nitro Cold Brew arrives on the heels of the popular Nitro Cold Brew in Starbucks stores, representing customer-centric innovation for Starbucks. The brand first introduced Nitro Cold Brew at Starbucks Reserve® Roastery in Seattle in July 2015, and due to popularity, Nitro Cold Brew scaled to 500 U.S. stores less than one year later. Last year, Starbucks reached national availability of Nitro Cold Brew in U.S. company operated stores.

The new product is available in three flavors, two of which are inspired by handcrafted beverages served at Starbucks stores: Black, Vanilla Sweet Cream and Dark Caramel. The Cold Brew is infused with nitrogen, and the moment the can is opened a rush of microbubbles delivers a delicious, velvety smooth taste. It can be found nationwide for a suggested retail price of $3.99 at convenience locations and $3.49 in grocery.

The NACP has more café favorites available in RTD format, including the new Starbucks Iced Latte Caramel Macchiato that brings the fan-favorite flavor available in cafés since 1996 to your home or on-the-go. The NACP has also introduced new flavors to various existing product platforms this year, including: Starbucks Frappuccino Brown Butter Caramel with a Splash of Cold Brew, Starbucks Iced Espresso Classics White Chocolate Mocha, Starbucks Tripleshot™ Energy Dark Roast, Starbucks Doubleshot Espresso Americano, Starbucks Medium Roast Subtly Sweet Iced Coffee, and 40 oz. Starbucks Cold Brew Black.

About Starbucks

Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee. Today, with more than 30,000 stores around the globe, Starbucks is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at stories.starbucks.com and www.starbucks.com.

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visitwww.pepsico.com.

press@starbucks.com

206-318-7100

KEYWORDS: Washington New York United States North America

INDUSTRY KEYWORDS: Retail Specialty Restaurant/Bar Food/Beverage

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Hudson Pacific Properties to Participate in Citi’s 2020 Global Property CEO Conference

Hudson Pacific Properties to Participate in Citi’s 2020 Global Property CEO Conference

LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (NYSE: HPP) today announced that Victor Coleman, Chairman and Chief Executive Officer, and other members of the company’s senior management will participate in a roundtable discussion at Citi’s 2020 Global Property CEO Conference on Tuesday, March 3, 2020 at 11:00 a.m. ET.

The following is a link to the live, listen-only webcast of the discussion on the company’s website, where a replay will also be available one hour after the event concludes.

Citi 2020 Global Property CEO Conference Webcast

About Hudson Pacific Properties

Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and listed as a component of the Russell 2000® and the Russell 3000® indices. For more information visit HudsonPacificProperties.com.

Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Company’s control, which may cause actual results to differ significantly from those expressed in any forward-looking statement. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission, or SEC, and other risks described in documents subsequently filed by the Company from time to time with the SEC.

Investor Contact

Laura Campbell

Senior Vice President, Investor Relations & Marketing

(310) 622-1702

lcampbell@hudsonppi.com

Media Contact

Laura Murray

Director, Communications

(310) 622-1781

lmurray@hudsonppi.com

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Commercial Building & Real Estate Construction & Property REIT

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Maine Governor’s Office of Policy Innovation and Future Recognized for Outstanding Website

Maine Governor’s Office of Policy Innovation and Future Recognized for Outstanding Website

GOPIF takes home Gold at the 2020 Ava Digital Awards

AUGUSTA, Maine–(BUSINESS WIRE)–
The Maine Governor’s Office of Policy Innovation and Future (GOPIF) was honored with a Gold Ava Digital Award at the 2020 awards competition in the outstanding government website category.

The GOPIF website was designed in 2019 as the new office was created and launched in October. The site is accessible, relevant and combines an intuitive architecture with clear calls to action. The website is mobile-friendly and displays latest news and alerts about top Office initiatives including the opioid crisis and climate change.

The site utilizes the Maine.gov content management system, a powerful web-based tool which allows agency administrators to easily manage a website. The content management system has grown in popularity with more than two dozen sites adopting the platform in the past year.

The AVA Digital Awards is an international competition that recognizes excellence by creative professionals responsible for the planning, concept, direction, design and production of digital communication. Work ranges from digital campaigns to audio and video production, website development, social media engagement and mobile marketing. The 2020 awards competition received more than 2,500 entries from the United States, Canada and 24 other countries. The Gold Award is presented to those entries judged to exceed the high standards of the industry norm.

About Maine.gov

Maine.gov is the official web portal of the state of Maine. Maine.gov is a service of InforME, a collaborative effort between the state of Maine and Maine Information Network, LLC., part of the NIC (Nasdaq: EGOV) family of companies.

About NIC

NIC Inc. (Nasdaq: EGOV) launched the digital government industry in 1992, and continues to lead it, providing a secure payment engine and thousands of digital government solutions across a network of more than 6,000 federal, state, and local government agencies. In addition, NIC is a leading provider of outdoor recreation solutions, with 1 out of 6 hunting and fishing licenses in the United States sold using an NIC service. The company created the nation’s first personal assistant for government and comprehensive mobile platform, Gov2Go®, as well as the innovative, data-driven prescription drug monitoring platform, RxGov®. More information is available at www.egov.com.

Dan Andrews

General Manager

InforME/Maine.gov

207-621-2600

Dandrews@informe.org

KEYWORDS: United States North America Maine

INDUSTRY KEYWORDS: Public Policy/Government State/Local Technology Mobile/Wireless Software Internet

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