Lear Reports Progress in Renewable Energy, Green Products and Supplier Sustainability

PR Newswire

2021 Sustainability Report Released


SOUTHFIELD, Mich.
, June 16, 2022 /PRNewswire/ — Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, released its 2021 Sustainability Report, featuring the company’s progress on its renewable energy strategy, innovative green products, supplier sustainability, and diversity, equity and inclusion (DEI) efforts.

“Since we integrated ESG into our company’s long-term strategy—alongside business results and operational excellence—our global teams are helping us advance on our sustainability journey,” said Ray Scott, Lear President and CEO. “Every day, Lear employees around the world are striving to support our people and communities as we work to make Lear an even better corporate citizen.”

Highlights of Lear’s ESG Progress:

Renewable Energy Strategy

After announcing its climate change goals in 2020, Lear developed a robust strategy to help the company achieve 100% renewable energy for electric power consumed at its manufacturing plants by 2030. The goal has already been reached in Germany, Poland and the United Kingdom, representing approximately one-half of Lear’s electricity use in Europe. To build on this progress, Lear plans to use a combination of methods including partnering with energy utilities to procure renewable energy as well as on-site generation for its remaining global sites.


Green Products

With three Automotive News PACE Award-winning innovations in 2021, Lear is helping electric vehicles charge faster and drive farther. In fact, six out of eight key E-Systems launches in 2022 will include content on new electric vehicles. By 2026, 4 million electric vehicles are expected to rely on Lear’s new high-voltage connection systems as the main battery/vehicle interface. Additionally, Lear’s sustainable solutions include lightweight seating structures as well as renewable and recycled materials that divert waste from landfills and support a global circular economy.


Product Sustainability

To determine the cradle-to-grave sustainability of its products, Lear initiated life cycle assessments on its seating, leather and wire harness products in 2021. In addition, the company published a new product directive to integrate sustainability into its design process.


Supplier Sustainability

In 2021, a third party evaluated 1,600 of Lear’s production supplier locations on environment, responsible sourcing, ethics, human rights and management. Lear expects to complete assessments of approximately 3,000 of its production suppliers by the end of 2022.

Other major highlights from Lear’s 2021 Sustainability Report include:

  • Launching the Together We Grow program to provide meaningful development and proactive career management for future diverse leaders.
  • Spending $5.1 billion with certified minority-owned, women-owned and veteran-owned suppliers in the United States in the past decade.
  • Renewing its commitment to the United Nations (UN) Global Compact as a signatory participant and to the UN’s Sustainable Development Goals.
  • Increasing transparency and enhancing reporting with the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, and in accordance with the Core Requirements of the Global Reporting Initiative (GRI).

To download or view Lear’s 2021 Sustainability Report, visit lear.com/sustainability.

About Lear Corporation

Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear’s diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.

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SOURCE Lear Corporation

Tanger Outlet Centers Schedules Second Quarter 2022 Earnings Release and Conference Call

PR Newswire


GREENSBORO, N.C.
, June 16, 2022 /PRNewswire/ — Tanger Factory Outlet Centers, Inc. (NYSE: SKT), a leading operator of upscale open-air outlet centers, announced today that its financial results for the quarter ended June 30, 2022 will be released on Monday, August 8, 2022, after the market close. The Company will host its conference call for analysts, investors and other interested parties on Tuesday, August 9, 2022, at 8:30 a.m. Eastern Time.

To access the conference call, listeners should dial 1-877-605-1702.

A live audio webcast of this call will be available to the public on Tanger’s Investor Relations website, investors.tangeroutlets.com.

A telephone replay of the call will be available from August 9, 2022, at 11:30 a.m. Eastern Time through 11:59 p.m. on August 23, 2022, by dialing 1-877-660-6853, replay access code #13730784. An online archive of the webcast will also be available through August 23, 2022.

About Tanger Factory Outlet Centers, Inc.

Tanger Factory Outlet Centers, Inc. (NYSE: SKT) is a leading operator of upscale open-air outlet centers that owns, or has an ownership interest in, a portfolio of 36 centers with one additional center currently under development. Tanger’s operating properties are located in 20 states and in Canada, totaling approximately 13.6 million square feet, leased to over 2,600 stores operated by more than 600 different brand name companies. The Company has more than 41 years of experience in the outlet industry and is a publicly-traded REIT. For more information on Tanger Outlet Centers, call 1-800-4TANGER or visit the Company’s website at www.tangeroutlets.com.   

Investor Contact Information


Doug McDonald


SVP, Finance and Capital Markets

T:  (336) 856-6066


[email protected]

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SOURCE Tanger Factory Outlet Centers, Inc.

Allegiance Bancshares, Inc. and CBTX, Inc. Announce FDIC Approval of Merger of Equals

HOUSTON, June 16, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., today jointly announced receipt of regulatory approval from the Federal Deposit Insurance Corporation (“FDIC”), which follows the recent approval from shareholders of both companies. The merger remains subject to the receipt of regulatory approvals from the Board of Governors of the Federal Reserve System and the Texas Department of Banking. We expect to close the merger in the third quarter after receipt of such approvals and the satisfaction of other customary closing conditions.

About Allegiance Bancshares, Inc.

As of March 31, 2022, Allegiance was a $7.15 billion asset Houston, Texas-based bank holding company. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers in the Houston region. As of March 31, 2022, Allegiance Bank operated 27 full-service banking locations in the Houston region, which we define as the Houston-The Woodlands-Sugar Land and Beaumont-Port Arthur metropolitan statistical areas. Visit www.allegiancebank.com for more information.

About CBTX, Inc.

As of March 31, 2022, CBTX, Inc. was a $4.45 billion asset bank holding company for CommunityBank of Texas, N.A., a community bank, offering commercial banking solutions to small and mid-sized businesses and professionals with 34 banking locations across the Houston, Dallas, Beaumont and surrounding communities in Texas. Visit www.communitybankoftx.com for more information.

Forward-Looking Statements

Certain statements in this press release which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements” for purposes of the safe harbor provided by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These statements include, but are not limited to, statements about the benefits of the proposed merger of CBTX and Allegiance, including future financial performance and operating results, statements related to the expected timing of the completion of the merger, the combined company’s plans, business and growth strategies, objectives, expectations and intentions, and other statements that are not historical facts, including projections of macroeconomic and industry trends, which are inherently unreliable due to the multiple factors that impact economic trends, and any such variations may be material. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “could,” “scheduled,” “plans,” “intends,” “projects,” “anticipates,” “expects,” “believes,” “estimates,” “potential,” “would,” or “continue” or negatives of such terms or other comparable terminology.

All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Allegiance and CBTX to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others: (1) the risk that the cost savings and any revenue synergies from the merger may not be fully realized or may take longer than anticipated to be realized; (2) disruption to the parties’ businesses as a result of the pendency of the merger; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (4) the risk that the integration of each party’s operations will be materially delayed or will be more costly or difficult than expected or that the parties are otherwise unable to successfully integrate each party’s businesses into the other’s businesses; (5) the amount of the costs, fees, expenses and charges related to the merger; (6) the ability by each party to obtain required regulatory approvals of the merger (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); (7) reputational risk and the reaction of each company’s customers, suppliers, employees or other business partners to the merger; (8) the failure of the closing conditions in the merger agreement to be satisfied, or any unexpected delay in closing the merger; (9) the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (10) the dilution caused by CBTX’s issuance of additional shares of its common stock in the merger; (11) general competitive, economic, political and market conditions; and (12) other factors that may affect future results of Allegiance and CBTX including changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer borrowing, repayment, investment and deposit practices; the impact, extent and timing of technological changes; capital management activities; and other actions of the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency and legislative and regulatory actions and reforms.

Additional factors which could affect future results of Allegiance and CBTX can be found in Allegiance’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K and CBTX’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at https:// www.sec.gov. Each of Allegiance and CBTX disclaims any obligation and does not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Allegiance Bancshares, Inc.

[email protected] 

CBTX, Inc.

[email protected] 



Allegiance Bancshares, Inc. and CBTX, Inc. Announce FDIC Approval of Merger of Equals

HOUSTON, June 16, 2022 (GLOBE NEWSWIRE) — Allegiance Bancshares, Inc. (NASDAQ: ABTX) (“Allegiance”), the holding company of Allegiance Bank, and CBTX, Inc. (NASDAQ: CBTX) (“CBTX”), the holding company of CommunityBank of Texas, N.A., today jointly announced receipt of regulatory approval from the Federal Deposit Insurance Corporation (“FDIC”), which follows the recent approval from shareholders of both companies. The merger remains subject to the receipt of regulatory approvals from the Board of Governors of the Federal Reserve System and the Texas Department of Banking. We expect to close the merger in the third quarter after receipt of such approvals and the satisfaction of other customary closing conditions.

About Allegiance Bancshares, Inc.

As of March 31, 2022, Allegiance was a $7.15 billion asset Houston, Texas-based bank holding company. Through its wholly owned subsidiary, Allegiance Bank, Allegiance provides a diversified range of commercial banking services primarily to small- to medium-sized businesses and individual customers in the Houston region. As of March 31, 2022, Allegiance Bank operated 27 full-service banking locations in the Houston region, which we define as the Houston-The Woodlands-Sugar Land and Beaumont-Port Arthur metropolitan statistical areas. Visit www.allegiancebank.com for more information.

About CBTX, Inc.

As of March 31, 2022, CBTX, Inc. was a $4.45 billion asset bank holding company for CommunityBank of Texas, N.A., a community bank, offering commercial banking solutions to small and mid-sized businesses and professionals with 34 banking locations across the Houston, Dallas, Beaumont and surrounding communities in Texas. Visit www.communitybankoftx.com for more information.

Forward-Looking Statements

Certain statements in this press release which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements” for purposes of the safe harbor provided by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.

These statements include, but are not limited to, statements about the benefits of the proposed merger of CBTX and Allegiance, including future financial performance and operating results, statements related to the expected timing of the completion of the merger, the combined company’s plans, business and growth strategies, objectives, expectations and intentions, and other statements that are not historical facts, including projections of macroeconomic and industry trends, which are inherently unreliable due to the multiple factors that impact economic trends, and any such variations may be material. Forward-looking statements may be identified by terminology such as “may,” “will,” “should,” “could,” “scheduled,” “plans,” “intends,” “projects,” “anticipates,” “expects,” “believes,” “estimates,” “potential,” “would,” or “continue” or negatives of such terms or other comparable terminology.

All forward-looking statements are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of Allegiance and CBTX to differ materially from any results expressed or implied by such forward-looking statements. Such factors include, among others: (1) the risk that the cost savings and any revenue synergies from the merger may not be fully realized or may take longer than anticipated to be realized; (2) disruption to the parties’ businesses as a result of the pendency of the merger; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (4) the risk that the integration of each party’s operations will be materially delayed or will be more costly or difficult than expected or that the parties are otherwise unable to successfully integrate each party’s businesses into the other’s businesses; (5) the amount of the costs, fees, expenses and charges related to the merger; (6) the ability by each party to obtain required regulatory approvals of the merger (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the transaction); (7) reputational risk and the reaction of each company’s customers, suppliers, employees or other business partners to the merger; (8) the failure of the closing conditions in the merger agreement to be satisfied, or any unexpected delay in closing the merger; (9) the possibility that the merger may be more expensive to complete than anticipated, including as a result of unexpected factors or events; (10) the dilution caused by CBTX’s issuance of additional shares of its common stock in the merger; (11) general competitive, economic, political and market conditions; and (12) other factors that may affect future results of Allegiance and CBTX including changes in asset quality and credit risk; the inability to sustain revenue and earnings growth; changes in interest rates and capital markets; inflation; customer borrowing, repayment, investment and deposit practices; the impact, extent and timing of technological changes; capital management activities; and other actions of the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency and legislative and regulatory actions and reforms.

Additional factors which could affect future results of Allegiance and CBTX can be found in Allegiance’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K and CBTX’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, in each case filed with the SEC and available on the SEC’s website at https:// www.sec.gov. Each of Allegiance and CBTX disclaims any obligation and does not intend to update or revise any forward-looking statements contained in this communication, which speak only as of the date hereof, whether as a result of new information, future events or otherwise, except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Allegiance Bancshares, Inc.

[email protected] 

CBTX, Inc.

[email protected] 



CBTX, Inc. Declares Quarterly Dividend

HOUSTON, June 16, 2022 (GLOBE NEWSWIRE) — CBTX, Inc. (Nasdaq: CBTX), the bank holding company for CommunityBank of Texas N.A., today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.13 per share of common stock. The dividend will be payable on July 15, 2022 to shareholders of record as of the close of business on June 29, 2022.

About CBTX, Inc.
CBTX, Inc. is the bank holding company for CommunityBank of Texas, N.A., a community bank, offering commercial banking solutions to small and mid-sized businesses and professionals in Houston, Dallas, Beaumont and surrounding communities in Texas. Visit www.communitybankoftx.com for more information.

Forward-Looking Statements

This press release includes forward-looking statements within the meaning of the “Safe-Harbor” provisions of the Private Securities Litigation Reform Act of 1995, which may be identified by conditional or future language such as the word “will”, among others. These statements (including future payments of dividends) are necessarily subject to risk and uncertainty and actual results could differ materially from those anticipated due to various factors, including risks and factors related to the Company’s financial performance and results of operations, regulatory risks and the costs, effects, and results of regulatory examinations, reviews, or investigations, or the ability to obtain required regulatory approvals, interest rate risks, economic risks related to the impact of COVID-19 and the sustained instability of the oil and gas industry in general and within Texas (including risks related to our customer’s credit quality, deferrals and modifications to loans), and other hazards such as weather conditions, other pandemics, acts of war or terrorist acts and the governmental or military response thereto, and those additional risks and factors set forth from time to time in the documents filed or furnished by CBTX, Inc. with the Securities and Exchange Commission. You should not place undue reliance on forward-looking statements and CBTX, Inc. undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

   
Investor Relations: Media Contact:
   
Justin M. Long Ashley K. Warren
281.325.5013 713.210.7622
[email protected] [email protected]



Avantax Planning Partners Recognizes Affiliate Accomplishments During Largest-ever National Conference

Annual Elevate Conference showcases high-performance individuals and firms

DALLAS, June 16, 2022 (GLOBE NEWSWIRE) — Avantax Planning Partners℠, an in-house/employee-based RIA (registered investment advisor) that partners with CPA firms to provide clients with holistic financial planning, advisory services and retirement plan solutions, recently hosted its annual Elevate Conference, attended by accounting affiliates, sponsors and Avantax team members. The annual event gives attendees insights, best practices, and strategies to advance and deepen client relationships as it relates to wealth management and financial planning.

“The energy and enthusiasm of our CPA affiliates, sponsors and Avantax team members fueled this year’s Elevate conference from beginning to end,” said Louie Rosalez, President of Avantax Planning Partners. “The ideas, best practices and strategies we share with our affiliates, coupled with the hard work and dedication our affiliates give clients every day, delivers on the Avantax vision of profoundly impacting client lives by changing the way Americans plan and invest.”

This year’s conference – themed “Truth. Planning. And the Avantax way” – was conducted May 24 – May 26 in Des Moines, Iowa, and included educational sessions, networking opportunities, sponsor exhibits, and award presentations.

“The attractiveness of the Avantax Planning Partners model shows in the fact that this year’s event was the largest Elevate conference ever,” said Todd Mackay, President of Avantax Wealth Management®. “It was an honor to talk with so many of our accounting affiliates; seeing each other in person helps further deepen partnerships with our longtime partners and new members of the unique Avantax Community.”

As part of the annual awards night, the highest-performing Avantax affiliate partners were recognized as part of President’s Club, whose winners demonstrate exemplary productivity, client service, communication, planning guidance, and are advocates of Avantax Planning Partners. This year’s winners are:

  • Todd VanDusen, Brady Martz & Associates, P.C. (Minot, North Dakota)
  • Kevin Eggebraaten, CP Financial Services (Rapid City, South Dakota)
  • Jeff Knapp, Erpelding, Voigt & Company, LLP (Algona, Iowa)
  • Scott Olinger, Harding, Shymanski & Company, P.S.C. (Evansville, Indiana, and Louisville, Kentucky)
  • Courtney DeRonde, TDT CPAs & Advisors (West Des Moines, Iowa)
  • Wendy Sims of Welgaard Financial Services, Ltd. (Pella, Iowa)
  • Eric Jaske, Olympic Financial (Carmel, Indiana)
  • Katie Thomas, Honkamp Krueger & Co., P.C. (Dubuque, Iowa)
  • Ebony Rahe, Williams & Company Financial Services, LLC (Spencer, Iowa)
  • Erin Spiwak, James Moore & Co. (Gainesville, Florida)

In addition to recognizing top wealth advisory firms, other awards included:

Consistency Award

CP Financial Services and Erpelding Voigt and Company won this year’s Consistency award, which goes to a firm demonstrating an ability to continuously execute on delivering on its commitment to serving as clients’ most trusted advisor, always looking at a holistic approach to wealth management.

Best Practices Firm Award

Harding Shymanski & Company won the Best Practices Firm award, which goes to an Avantax Planning Partners firm exhibiting a strong commitment to following Avantax Planning Partners’ strategies, along with consistent execution and accountability.

Top Champion Award

The Top Champion award recognizing Avantax Planning Partners’ top affiliates that exhibit leadership in planning and wealth management, was won this year by Perry Mattson of Brady Martz & Associates, and Eric Jaske of Olympic Financial.

Firm of the Year

The Firm of the Year leads Avantax Planning Partners in productivity, client service, communication, planning guidance, and are truly advocates of Avantax. Brady Martz was recognized as Firm of the Year.

Difference Maker Award

The Difference Maker Award is given to a firm and/or individual who has demonstrated that their approach to financial planning and wealth management made a significant difference in the lives of their clients. This year’s Difference Maker award was claimed by the partner group at Evans, Harville, Atwell & Company, in addition to Avantax Planning Partners team members Kelly Adams, Chris Dick, and Laura Patterson. Together, this team came together in a time of personal tragedy to truly help clients, and each other.

About Avantax Planning Partners℠

Avantax Planning Partners℠ is a national financial planning and wealth management firm that partners with CPA firms to combine and deliver holistic financial and tax-planning services to their clients. Using the Guidance Planning Strategies planning tool, Avantax Planning Partners visually lays out a long-term plan, considering a wide array of financial decisions and their potential impacts on clients’ financial health. Through this unique and proven approach, Avantax Planning Partners and CPA firms help clients make progress toward their financial goals through strategies such as asset management, estate planning, retirement planning, tax planning, risk management and more. The wealth management segment of Blucora, Inc. (NASDAQ: BCOR), which includes the Avantax Planning Partners℠ and Avantax Wealth Management® brands, had a collective $86 billion in total client assets as of March 31, 2022. For more information, please visit us at www.avantax.com or on LinkedIn and Facebook.

Media Contacts:

Tony Katsulos
Avantax
(972) 870-6654
[email protected]

Kendra Galante
StreetCred PR for Avantax
(402) 740-2047
[email protected]
[email protected]



Tandem Diabetes Care Welcomes Two New Members to Board of Directors

Tandem Diabetes Care Welcomes Two New Members to Board of Directors

SAN DIEGO–(BUSINESS WIRE)–
Tandem Diabetes Care, Inc. (NASDAQ: TNDM), a global insulin delivery and diabetes technology company, today announced the appointments of Myoung Cha and Joao Malagueira as independent members of its board of directors effective June 15, 2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220616005359/en/

Joao Malagueira (Photo: Business Wire)

Joao Malagueira (Photo: Business Wire)

“We welcome Joao and Myoung to our Board of Directors at this exciting stage in Tandem’s evolution,” said John Sheridan, president and CEO, Tandem Diabetes Care. “Joao’s extensive international experience brings tremendous value to our Company as we continue to expand our global reach, and Myoung’s strategic experience in leading-edge consumer technology at large companies will be invaluable as we advance our product pipeline.”

Mr. Cha has more than 17 years of global experience across the healthcare value chain. Mr. Cha currently serves as President and Chief Strategy Officer at Carbon Health where he leads the omnichannel care model and the device-enabled home care operations. Prior to joining Carbon Health in June 2021, he served as Head of Health Strategic Initiatives at Apple from August 2015 to May 2021 where he developed and led product initiatives and global strategic partnerships. Earlier in his career, Mr. Cha was a Principal and Co-Leader of the West Coast Strategy and Corporate Finance Practice as well as Co-Leader of the Healthcare Investor Practice at McKinsey & Company. Mr. Cha holds a JD from Harvard Law School, an MBA from Harvard Business School and an AB in Biochemical Sciences from Harvard College.

Mr. Malagueira brings more than 25 years of experience in diabetes, medical devices and diagnostics solutions businesses with global corporations. Mr. Malagueira is currently Vice President for three divisions at Hologic and responsible for the entire portfolio in the EMEA. Prior to starting this role in January 2019, he served as International Vice President, for EMEA and Canada, for the Hologic Diagnostics Solutions division, from June 2015 to December 2018. He possesses extensive experience and proven success of go-to-market models and strategies in Europe, Africa, CIS, and the Middle East. Prior to Hologic, Mr. Malagueira enjoyed more than 15 years at Johnson & Johnson, in commercial leading roles across EMEA, where he led successful turnarounds and market share growth of the diabetes solutions businesses, LifeScan and Animas. Mr. Malagueira holds an MBA and an Advanced Degree in Marketing from Catolica Lisbon School of Business and Economics. He holds a MS in Pharmaceutical Sciences and Clinical Analysis from University of Lisbon.

About Tandem Diabetes Care, Inc.

Tandem Diabetes Care, Inc., a global insulin delivery and diabetes technology company based in San Diego, California, creates new possibilities for people living with diabetes, their loved ones, and healthcare providers through a positively different experience. The Company’s human-centered approach to design, development, and support delivers innovative products and services for people who use insulin. Tandem manufactures and sells the t:slim X2 insulin pump with Control-IQ technology. For more information, visit tandemdiabetes.com.

Tandem Diabetes Care is a registered trademark and t:slim X2 is a trademark of Tandem Diabetes Care, Inc.

Follow Tandem Diabetes Care on Twitter @tandemdiabetes; use #tslimX2, and $TNDM.

Follow Tandem Diabetes Care on Facebook at www.facebook.com/TandemDiabetes.

Follow Tandem Diabetes Care on LinkedIn at https://www.linkedin.com/company/tandemdiabetes.

Media Contact:

Steve Sabicer

714-907-6264

[email protected]

Investor Contact:

Susan Morrison

858-366-6900

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Communications Health Diabetes Other Health General Health Public Relations/Investor Relations

MEDIA:

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Joao Malagueira (Photo: Business Wire)
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Myoung Cha (Photo: Business Wire)

The Alkaline Water Company Enters Direct-Store-Delivery Partnership with Heidelberg Distributing in Ohio and Kentucky

The Alkaline Water Company Enters Direct-Store-Delivery Partnership with Heidelberg Distributing in Ohio and Kentucky

Alkaline88®’s DSD Network Continues to Grow to Drive Brand Expansion

SCOTTSDALE, Ariz.–(BUSINESS WIRE)–
The Alkaline Water Company Inc. (NASDAQ and CSE: WTER) (the “Company”), the country’s largest independent alkaline water company and the Clean Beverage® company, is pleased to announce a new Direct-Store-Delivery (DSD) partnership with Dayton Heidelberg Distributing and Heidelberg Distributing of Northern Kentucky (collectively, “Heidelberg”). Heidelberg will distribute Alkaline88® products throughout Ohio and Kentucky as the Company’s DSD network continues to grow in strategic markets around the country.

“As our existing DSD network continues to exceed expectations and drive brand growth, we are pleased to announce Alkaline88’s strategic partnership Heidelberg Distributing in Ohio and Kentucky,” said Frank Lazaran, President and CEO of The Alkaline Water Company. “Heidelberg has over 80 years of experience and provides service to approximately 26,000 retailers throughout Ohio and Kentucky which have a combined population of approximately 16 million people. This is a region of the country where we see great potential to continue to gain market share. As our sales team gains more retail doors in the region, having a premier DSD partner like Heidelberg boosts our initial product rollout and will enhance our brand presence in stores. This partnership will bear fruit almost immediately as we continue to add new major retail clients in the region.

“The continued growth of Alkaline88 in the Midwest and neighboring states will be supported by a new co-packer in the region, which we will announce in the coming weeks. Opening a new strategically located co-packer and partnering with Heidelberg Distributing demonstrate the ways The Alkaline Water Company continues to optimize operations by enhancing both production and distribution.”

About The Alkaline Water Company:

The Alkaline Water Company is the Clean Beverage® company making a difference in the water you drink and the world we share.

Founded in 2012, The Alkaline Water Company (NASDAQ and CSE: WTER) is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88®, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88® delivers perfect 8.8 pH alkaline drinking water with trace minerals and electrolytes and boasts our trademarked “Clean Beverage” label. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for Alkaline88®.

To purchase The Alkaline Water Company’s products online, visit us at www.alkaline88.com.

To learn more about The Alkaline Water Company, please visit www.thealkalinewaterco.com or connect with us on Facebook, Twitter, Instagram, or LinkedIn.

About Heidelberg Distributing:

Heidelberg Distributing Company started in 1938 in Dayton, Ohio by founder Albert W. Vontz with one truck and has grown to the largest wine, beer, and spirits distributor in the state. The Heidelberg family of companies is comprised of nine warehouses and office facilities located in Cincinnati, Ohio Valley, Cleveland, Columbus, Dayton, Lorain, Toledo, Youngstown and Northern Kentucky. They continue to proudly distribute the finest beer, wine, spirits, and non-alcoholic beverages to approximately 26,000 clients including restaurants, bars and retailers across Ohio and Kentucky.

Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements.” Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such forward-looking statements include, among other things, that Ohio and Kentucky are a region of the country where the Company sees great potential to continue to gain market share; that having a premier DSD partner like Heidelberg will enhance the Company’s brand presence in stores; that the partnership with Heidelberg will bear fruit almost immediately as the Company continues to add new major retail clients in the region; and that the continued growth of Alkaline88 in the Midwest and neighboring states will be supported by a new co-packer in the region, which the Company will announce in the coming weeks.

The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will be an expansion into new e-commerce, home delivery, convenience, and healthy food channels; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, governmental regulations being implemented regarding the production and sale of alkaline water or any other products; additional competitors selling alkaline water and enhanced water products in bulk containers reducing the Company’s sales; the fact that the Company does not own or operate any of its production facilities and that co-packers may not renew current agreements and/or not satisfy increased production quotas; the fact that the Company has a limited number of suppliers of its unique bulk bottles; the potential for supply-chain interruption due to factors beyond the Company’s control; the fact that there may be a recall of products due to unintended contamination; the inherent uncertainties associated with operating as an early stage company; changes in customer demand and the fact that consumers may not embrace enhanced water products as expected or at all; the extent to which the Company is successful in gaining new long-term relationships with new retailers and retaining existing relationships with retailers; the Company’s ability to raise the additional funding that it will need to continue to pursue its business, planned capital expansion and sales activity; and competition in the industry in which the Company operates and market conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States and Canada. Although the Company believes that any beliefs, plans, expectations, and intentions contained in this news release are reasonable, there can be no assurance that any such beliefs, plans, expectations, or intentions will prove to be accurate. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com.

The Alkaline Water Company Inc.

Jeff Wright

Director of Investor Relations

866-242-0240

[email protected]

Media

Jessica Starman

888-461-2233

[email protected]

KEYWORDS: Ohio Kentucky Arizona United States North America

INDUSTRY KEYWORDS: Retail Food Tech Supermarket Technology Specialty

MEDIA:

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Migrant Families are Concerned about Potential Economic Hardship but Expect to Prioritize Sending Money Home, New MoneyGram Survey Finds

PR Newswire

Over 80% of respondents report concerns about a potential recession and global inflation, but 98% plan to continue sending money to support loved ones back home this year

79% indicate they tend to send more money back home when their country of origin is experiencing economic hardship, further evidenced by MoneyGram’s internal data on recent sends to both Ukraine and Afghanistan

New findings released for International Day of Family Remittances highlight the financial resilience of migrants who transfer funds to loved ones to pay for life’s essentials


DALLAS
, June 16, 2022 /PRNewswire/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, today released the findings of a new customer survey detailing trends around how families in the United States are transferring money around the world this year. These new findings are being released on the United Nations’ International Day of Family Remittances, a global holiday celebrated annually on June 16.

Migrant families are concerned about potential economic hardship but expect to prioritize sending money home this year.

Results of the survey demonstrate respondents remain resilient, as they have concerns over the economy but expect to continue sending money to support loved ones. Over 80% of respondents report concerns about a potential recession and global inflation, but the overwhelming majority (98%) say they plan to continue sending money back home throughout the rest of the year.

Additionally, more than three-quarters (79%) indicate they tend to send more money back home when their country of origin is experiencing economic hardship. This is further evidenced by MoneyGram’s internal data, which shows a 41% spike in sends from the U.S. to Ukraine in March 2022 compared to the same month the prior year, as well as a steady increase in global sends to Afghanistan in the last year.  

“We’re on a mission to deliver innovative financial solutions to connect the world’s communities, and our services are incredibly important at a time like this,” said Alex Holmes, MoneyGram Chairman and CEO. “If the current economic volatility leads to prolonged economic hardship, we expect consumers will likely cut expenses in other areas to prioritize their families. These survey results underscore the dedication people have to their loved ones abroad, and I continue to be inspired by our customers.”

Many are sending cross-border money transfers to their siblings, friends, and parents to pay for basic essentials such as food, housing, and healthcare.

When asked who respondents are sending to this year, primary recipients include siblings (49%), friends (48%), and parents (38%). Survey data also highlights that cross-border money transfers continue to be used to fund the basic essentials of life for people around the world. The top four expenses respondents help cover for recipients are food (72%), housing (55%), healthcare (52%), and emergencies (44%).

Interestingly, among global concerns around high fuel prices and supply chain issues impacting the availability of vehicles, nearly a quarter (22%) of respondents indicate their cross-border money transfers have gone toward transportation expenses.

Reasons for migration to the United States include employment opportunities, educational purposes, and reunions with families.  

International Day of Family Remittances recognizes the contributions made by the more than 200 million migrants to improve the lives of their 800 million family members and friends back home. For respondents born outside of the United States, the survey finds that the main reason for moving to the U.S. was for employment opportunities (57%), followed by educational purposes (39%), and reunions with families (35%).

“In times of rising costs, it’s even more important to offer consumers affordable options. We’ve worked hard to modernize our operations to reduce our cost structure, and as a result, our average cost for consumers globally is approximately 2.9%, which is already below UN Sustainable Development Goals to reduce costs of remittances to less than 3% by 2030,” Holmes concluded. “We are extremely proud of the customer-centric platform we’ve built, and the key role MoneyGram plays in serving families.”

Survey Methodology

This poll was conducted between June 1 and June 6, 2022, among a group of more than 2,500 MoneyGram customers based in the United States. The survey was created by MoneyGram and conducted through an online survey platform. Participation was voluntary, and respondents were not compensated.

About MoneyGram International, Inc.

MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, delivers innovative financial solutions to connect the world’s communities. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve over 150 million people in the last five years. The Company leverages its modern, mobile, and API-driven platform and collaborates with the world’s top brands to serve consumers through its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers. MoneyGram is also a leader in pioneering cross-border payment innovation and blockchain-enabled settlement. For more information, please visit ir.moneygram.com, follow @MoneyGram on social media, and explore the website and mobile app through moneygram.com.

Media Contact

Sydney Schoolfield

[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/migrant-families-are-concerned-about-potential-economic-hardship-but-expect-to-prioritize-sending-money-home-new-moneygram-survey-finds-301569621.html

SOURCE MoneyGram

Procter & Gamble Accelerates Action to Widen the Screen by Building a Pipeline of Diverse Talent, Reaching Underrepresented Audiences and Driving Inclusive Growth in the Media Industry

Procter & Gamble Accelerates Action to Widen the Screen by Building a Pipeline of Diverse Talent, Reaching Underrepresented Audiences and Driving Inclusive Growth in the Media Industry

  • Widen The Screen creates 300+ Opportunities for Black Creators and 300+ Minutes of Original Content
  • Now in its fourth year, P&G, Flavor Unit and Tribeca Studios announce Queen Collective 2022
  • P&G Scales Efforts to Widen The Screen for all Underrepresented Creators and Communities
  • P&G’s Widen The Screen Returns to Tribeca Festival to Elevate Black Creators and Drive Creative Transformation

NEW YORK–(BUSINESS WIRE)–
Procter & Gamble continues to Widen The Screen to create even more opportunities for Black filmmakers, expand the platform with more stories that Widen the View of Black life and fuel inclusive investment to create systemic change across the creative industry. It is also stepping up to build on the impact created in the inaugural year of Widen the Screen to reach all diverse creators, to Widen our View for, and drive accurate portrayal of, all underrepresented communities.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220616005344/en/

Queen Collective co-founder Queen Latifah together with the new 2022 Queen Collective directors, Jenn Shaw, Luchina Fisher, Vashni Korin, Contessa Gayles, Idil Ibrahim and Imani Dennison. (Photo: Business Wire)

Queen Collective co-founder Queen Latifah together with the new 2022 Queen Collective directors, Jenn Shaw, Luchina Fisher, Vashni Korin, Contessa Gayles, Idil Ibrahim and Imani Dennison. (Photo: Business Wire)

“Widen The Screen is a content platform that aims to increase investment in multicultural creators, the stories they create, and in diverse media spending,” says Marc Pritchard, Chief Brand Officer, Procter & Gamble. “We started with, and continue to step up for, Black creators, but it doesn’t stop there. We are now expanding our efforts to Widen the Screen for more underrepresented creators by bringing together partners from across the industry to make systemic change and drive creativity for growth and good,” continued Pritchard.

Expanding the Impact of Widen the Screen

In its first year, Widen The Screen accelerated opportunities for 300+ Black filmmakers across 12 films, including Queen Collective and 8:46 Film shorts, resulting in over 3001 minutes of original representative content. Last year alone, by doubling the number of Queen Collective films as part of P&G’s signature talent development program for female directors of color, the program provided job opportunities to over 100 people, 75% of whom were people of color.

P&G also stepped-up investment in Black Owned media companies, including Group Black, Central City Productions and Allen Media Group, as well as longstanding Black operated partners such as BET and OWN, to encourage the elimination of investment inequalities in the creative supply chain. This has been delivered through initiatives like The Widen The Screen Partnership Development Fund. Designed to expand the Black-owned media ecosystem and bring Black stories to Black communities, the Fund aims to create content for, and license content to, Black-owned media companies, delivering programming which enables them to increase ad inventory.

P&G’s accelerated actions to Widen The Screen also includes:

  • Hosting the Widen The Screen Creative Bootcamp program in partnership with Group Black, P&G and The Cannes Can: Diversity Collective’s (CC:DC) Inkwell Beach at the 2022 Cannes Film Festival, which brings diverse creators to Cannes to widen the talent pipeline and champion a multicultural presence at the festival.
  • Bringing authentic stories to Black communities through the Widen The Screen film festival strategy which has seen 8:46 Films and Queen Collective films featured in over 40 films festival screenings, resulting in 9 award wins and nominations, including a nomination for 2022 NAACP Image Awards.
  • Partnering with Poderistas, Alma and the Hispanic Star on projects for the LatinX community and has joined with partners in the Asian-Pacific Islander community, including PCA and R/GA’s Asian Voices Culture Collective group to create the film “The Name,” which released during Asian American Pacific Islander Month.
  • A continued commitment to widen the screen for gender equality through FREETHEWORK, which helped P&G brands get to 45% of advertising directed by women filmmakers, versus the 11% when P&G began in 2018. P&G’s multi-year partnerships also continue with women-owned companies, including Katie Couric Media, Alma Har’el’s Jellywolf, Seneca Women Podcast Network, and Hello Sunshine, among others.
  • Fueling visibility and accurate representation for the LGBTQ+ community through the production of four provocative films, including the award-winning CODED, createdwith Imagine Entertainment and presented in partnership with Imagine Entertainment & Television, Delirio Films and MTV Films.
  • Continuing to use its reach to bring together companies and voices from across the industry to drive creative transformation. This includes leading a discussion to “Advance the Culture and Currency through Inclusive Storytelling” at Tribeca X 2022, a platform for industry leaders to share important lessons in creating innovative content that resonates with audiences. Hosted by Rose Pierre-Louis, Chief Operating Officer, McSilver Institute and featuring LL COOL J, Founder & CEO, Rock The Bells, Donald Jackson, Chairman & CEO, Central City Productions and Zoey Martinson, Director, 8:46 Films Cupids the panel outlined the industry audience with immediate and urgent steps needed to enable diverse and authentic storytelling and drive equality into the media industry.

The Return of the Queen Collective

Queen Collective, a partnership between P&G, Queen Latifah, Flavor Unit Entertainment, and Tribeca Studios returns with six new Queen Collective films, debuting in fall 2022. Now in its fourth year, the Queen Collective is enabling a record number of diverse directors and other creatives to produce their original documentaries and scripted pieces.

“Queen Collective is back, bigger than ever,” says Queen Latifah, award-winning rapper, singer, film producer, and Queen Collective cofounder. “This year’s Queen Collective features six Black female directors whose unique voices and viewpoints need to be heard and seen. I’m thrilled to walk alongside them in their creative journeys and to champion the evolution of their artistry.”

“Tribeca Studios is excited to continue to partner with Queen Latifah, Flavor Unit Entertainment and P&G to not only bring a diversity of stories to television and film, but to also bring more diverse storytellers to the creative table,” said Paula Weinstein, Chief Content Officer, Tribeca Enterprises.

Coming this fall, the Year 4 Queen Collective features five original documentary shorts and for the first time in the program’s history, one scripted short.

For more information and to join P&G in taking action to Widen The Screen to Widen Our View, visit pg.com/widenthescreen and pg.com/queencollective.

Notes to editors

About P&G

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

About Queen Collective

In 2018, P&G, Queen Latifah, Flavor Unit Entertainment, and Tribeca Studios launched the Queen Collective, a mentoring and talent development program designed to give women filmmakers of color a platform to share important stories from their unique perspective. Queen Collective 2022 Films include:

  • “Found” – Directed and produced by Contessa Gayles, an award-winning documentary filmmaker, journalist, and producer, this film tells the story of a flock of over 100 young Black girls aged 9 to 15 who head to San Antonio to spend a week at Camp Founder Girls to celebrate their unique identities, while centering the commonalities that unite them.
  • “La Morena” – Directed and produced by Vashni Korin, a Black Puerto Rican-American journalist, filmmaker, and artist based in Los Angeles explores Black femme identity through her grandmother and other Black women in Puerto Rico to illuminate race relations on the island and heal the generational shame inherited from the denial of African ancestry.
  • “Bone Black” Directed and produced by Imani Dennison, an experimental documentary filmmaker and DP based in Brooklyn, NY, BONE BLACK: MIDWIVES VS. THE SOUTH is a documentary paying homage to the stories of nontraditional birthing methods practiced in the South through the eyes of Maryland-based doula Charnise Littles as she interrogates the causes, effects, and solutions for high Black infant mortality rates.
  • “Gaps” – Directed and produced by Jenn Shaw, a New York-based writer, director, and alumna of NYU’s Tisch School of the Arts, this film is an endearing and comedic portrait of what it means to be a preteen as we meet Sydney Bailey, a 12-year-old struggling with her self-esteem and obsessing over her gapped front teeth all the while her father points out their ancestral beauty.
  • “In Her Element” – Directed and produced by Idil Ibrahim, the recipient of the 2017 Extraordinary Women Awards held by the 92nd Street Y, and one of OkayAfrica’s “100 Women” for 2018, this film tells the story of Daisha McBride, a queer Black female hip hop artist who sets out on a radical journey to broaden the music that typically defines the city by performing on Nashville’s world-famous Broadway in the midst of rising racial tensions on the Broadway strip.
  • “Team Dream” – Directed and produced by Luchina Fisher, an award-winning director, writer, and producer whose work is at the intersection of race, gender, and identity whose film follows Ann and Madeline as nothing – not age, not race and certainly not Chicago’s notorious weather – will stop them from training for the National Senior Games, where they will likely be the only Black women competing in the swim events in their age group.

About Tribeca Enterprises

Tribeca Enterprises is a multi-platform storytelling company, founded in 2003 by Robert De Niro, Jane Rosenthal & Craig Hatkoff. It provides artists with unique platforms to expand the audience for their work and broadens consumer access to experience storytelling, independent film, and media. The company operates a network of entertainment businesses including the Tribeca Festival; the Tribeca TV Festival; its branded entertainment production arm, Tribeca Studios; and creative production company, m ss ng p eces. In 2019, James Murdoch’s Lupa Systems bought a majority stake in Tribeca Enterprises, bringing together Rosenthal, De Niro, and Murdoch to grow the enterprise. Learn more about Tribeca X https://tribecafilm.com/festival/tribecax2022.

About Flavor Unit

Flavor Unit is a multimedia production company founded by Queen Latifah and Shakim Compere in 1990. Originally founded as a record label and management company, Flavor Unit now operates as a talent management and television and film production company.

1 Amount of content delivered by P&G and its partners as part of the Widen the Screen platform

Becky East

p&[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Women Entertainment Men Professional Services TV and Radio Celebrity DEI (Diversity, Equity and Inclusion) Film & Motion Pictures Consumer

MEDIA:

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Queen Collective co-founder Queen Latifah together with the new 2022 Queen Collective directors, Jenn Shaw, Luchina Fisher, Vashni Korin, Contessa Gayles, Idil Ibrahim and Imani Dennison. (Photo: Business Wire)
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P&G’s Marc Pritchard together with Central City Productions Chairman and CEO Don Jackson, McSilver Institute Executive Director Rosemonde Pierre-Louis, 8:46 Films director, Zoey Martinson and Rock the Bells founder and CEO LL COOL J at Tribeca X Widen the Screen panel, New York. (Photo: Business Wire)