Vermont DPS wins key concessions in GMP-CVPS merger

first_imgby Alan Panebaker vtdigger.org The state of Vermont and its two largest utilities are one step closer to an agreement that could seal the deal for an historic merger.The Vermont Department of Public Service, Green Mountain Power and Central Vermont Public Service released a memorandum of understanding Tuesday that could serve as the framework for the certificate of public good the utilities need to receive before they can become one company.The proposal addresses many of the lingering issues that continue to cause concerns in the proposed merger of the state’s two largest utilities under one parent company ‘ Gaz Metro of Quebec.The proposed agreement would allow the Department of Public Service to appoint three members of the 13-member board of directors of the Vermont Electric Power Co. (VELCO), which manages the transmission system across the state. It would also require the utilities to invest $21 million in an efficiency fund as a result of a windfall requirement on CVPS to return money to ratepayers.The department issued a press release Tuesday stating it had ‘won major concessions’ from the utilities that would yield more customer savings, fund efficiency and weatherization and increase public interest governance of VELCO.One concession, said Dorothy Schnure, a spokeswoman for Green Mountain Power, is that more money in savings will go to ratepayers sooner.‘Customers are getting more savings earlier,’ Schnure said.In pre-filed testimony, the department pressed the utilities on their proposed financing that would allow the utilities to keep the lion’s share of savings in the early years after the merger.The utilities say the merger would result in $144 million in savings to ratepayers in the first 10 years after the deal goes through. The memorandum of understanding requires the utilities to provide $2.5 million to ratepayers in year one, starting Oct. 1, $5 million in year two, $8 million in year three, half the savings in years four to eight, and all of it in years nine and 10.Another sticking point for the utilities and the state has been the makeup of VELCO. The transmission utility manages the state’s physical electrical grid, Transco. The board is made up of utilities based on their market share of the retail electricity market. Currently CVPS and Green Mountain Power have a combined six seats on the board.The MOU would leave the new Green Mountain Power with four seats. Representatives from a low-income trust would hold three seats. The department would appoint these directors from government agencies, policy groups, low-income advocates and public power utilities. The utilities would also transfer about a third of the voting shares of VELCO to the trust, which the utilities claim will produce $1 million per year in dividends.‘There was a lot of talk around makeup of VELCO board,’ Schnure said. ‘I think what we’ve come up with is something people are agreeing satisfies a lot of the concerns.’The board’s makeup has created controversy among utilities and in the state Legislature.Three senators have pushed for a study of state ownership, and at least one utility, Washington Electric Cooperative, says someone should look into the idea of public ownership.Representatives for VELCO have said public involvement would disrupt the company’s governance and emphasized that the company is not for sale.Kerrick Johnson, vice president of external affairs for VELCO, said it was too soon to say what the utility’s position is on the proposal.‘We’ve just gotten the proposed agreement,’ he said. ‘We are reviewing it and will be in discussions with our other owners as part of our process to arrive at an informed opinion and decision on the proposal.’In a media statement, DPS Commissioner Elizabeth Miller said, ‘The concessions we have achieved here assure public direction in the governance of our electric transmission company, VELCO, and require a merger savings plan far more favorable to customers than had been originally proposed by the companies.’Sen. Vince Illuzzi, an intervenor in the docket, was at first highly critical of the department’s position and asked for independent counsel based on a conflict of interest in that Miller’s husband works for the law firm that represents Green Mountain Power.Illuzzi later backed off, and then pushed for legislation that would fund a study to determine the merits of state ownership of up to 51 percent of VELCO.Illuzzi said he could not comment substantively on the proposal Tuesday, but he said, ‘The highlights indicate positive movements in the direction I thought would be best for ratepayers and state of Vermont.’Illuzzi has also supported the idea of funding low-income weatherization programs in the state through the windfall money.Under the proposed MOU, Green Mountain Power would partner with community action agencies to invest $6 million in Vermont’s Weatherization Program before Dec. 1 with another $4 million before Dec. 1, 2013.Other ‘windfall’ money would be invested in efficiency and clean energy programs. The Community Energy and Efficiency Development Fund would be based on a similar fund developed when Gaz Metro purchased Green Mountain Power.The compromise, which meant the industry would invest an additional $21 million pursuant to a previous board order, appeased the department. But Greg Marchildon, executive director of AARP Vermont, said the move is ‘audacious.’AARP has pushed for a direct cash payback to CVPS customers throughout the proceeding.Marchildon says the proposal is a double whammy. Ratepayers had to bail out the utilities in the 1990s when they entered into imprudent contracts with Hydro-Quebec. Now, Marchildon said, the utilities are taking ratepayer money and investing it in causes they should be pursuing anyway.Marchildon said the investment in efficiency is a means of circumventing the legislative process to avoid raising taxes to pay for things like weatherization.The AARP continues a media campaign targeting Gov. Peter Shumlin to ensure ratepayers get cash back.‘One of the things we know the MOU does is it clearly states the governor has decided to side with the power companies as opposed to the people,’ he said.The MOU is a persuasive document for the Public Service Board, which will ultimately determine whether the proposed merger is in the public interest.March 27, 2012 vtdigger.orglast_img read more

Seven Days hires VPR reporter Taylor Dobbs

first_imgSeven Days,Vermont Business Magazine Award-winning journalist Taylor Dobbs is joining the news team at Vermont’s independent newsweekly, Seven Days. Since September 2013, he’s been a digital reporter at Vermont Public Radio, where he has distinguished himself online and on-air. Dobbs, 27, has won regional Edward R. Murrow Awards for his coverage of the opiate crisis, a quadruple homicide and Green Mountain Power’s failure to document expenses. Earlier this month, he won a national Murrow Award for a video illustrating how the Iowa Democratic caucus works — using Legos.At Seven Days, Dobbs will serve as an investigative reporter and will cover Vermont state government and politics. He’ll start December 6.He’s taking over from State House reporter Terri Hallenbeck, who, according to Seven Days(link is external), “will step away from the daily grind on November 3 and start a new job 10 days later as assistant director of donor relations at Middlebury College.” She’s been a reporter for 31 years, the last three with Seven Days.Previously she covered the political beat for the Burlington Free Press.Prior to joining VPR, Dobbs wrote several freelance pieces for Seven Days and interned for VTDigger.org. He earned a bachelor’s in journalism from Northeastern University in 2013. Shortly before graduating, Dobbs got some very real-world reporting experience: In the immediate aftermath of the Boston Marathon bombings, he joined the manhunt for the men responsible and covered it all on Twitter. His on-the-scene reporting and photography were picked up by news outlets around the world.“Taylor’s not going to sit around in a newsroom,” said Seven Days publisher and coeditor Paula Routly. “He’s eager, ambitious, inventive and plugged in.”Dobbs grew up in Montpelier — less than a mile from the Statehouse.About Seven Days:Da Capo Publishing Inc., dba Seven Days, was founded by Pamela Polston and Paula Routly in 1995, and is now owned by Polston and Routly, as well as associate publishers Don Eggert, Cathy Resmer and Colby Roberts. In addition to its seven free publications, the Burlington-based company also produces several annual events, the Stuck in Vermont(link is external) video series and hosts a ticketing website(link is external), job board(link is external) and dating service.(link is external) Its editorial staff has received numerous journalism awards from entities including the Association of Alternative Newsmedia, the Parenting Media Association, the Vermont Press Association and the New England Newspaper and Press Association, which in 2017 named Seven Days the best large-circulation newsweekly in the region.Seven Days has been named Business of the Year by both the Lake Champlain Regional Chamber of Commerce and the Burlington Business Association. In 2013, Editor & Publisher selected Seven Days for inclusion in its annual feature, “10 Newspapers That Do It Right.” In 2015, Polston and Routly were inducted into the New England Newspaper Hall of Fame. The same honor was bestowed on Seven Days’ consulting editor, Candace Page, in 2017.Source: October 26, 2017 – Burlington, Vt. – Seven Dayslast_img read more

Branch out your Vermont brand

first_imgA Guide to Growing Your Business with Social MediaVermont Business Magazine The Vermont Agency of Agriculture, Food & Markets is partnering with Northshire Grows Inc. to provide professional development opportunities for farm and food businesses in southern Vermont. The interactive Social Media workshop, led by marketing expert Nicole Ravlin from People Making Good Public Relations in Burlington, is open to farmers, producers and local food entrepreneurs on Wednesday, July 25, from 5-7PM at the Hildene Welcome Center in Manchester Village.The free learning session will offer Vermont agriculture businesses and producers the knowledge, skills and tools necessary to better promote and market themselves and their products.“Southern Vermont is filled with small businesses that are generating high-quality agricultural products. We hope our producers will take advantage of this opportunity to learn how to share their story and better market their products, so that they can continue to branch out and grow,” said Vermont Secretary of Agriculture, Food & Markets Anson Tebbetts.The workshop will explain why a presence on Social Media is critical to business, provide useful examples and tips on ways to use Social Media to help connect Vermont businesses with a larger audience, explore the Social Media channels that might be most beneficial and address any questions or concerns.To RSVP and learn more visit, http://agriculture.vermont.gov/Branch_Out_Your_Vermont_Brand(link is external)Source: VAAFM 7.5.2018last_img read more

Overland Park EMS Chief survives COVID-19, thanks his caregivers at AdventHealth Shawnee Mission

first_imgJason Green, the emergency medical services chief for the Overland Park Fire Department, spent more than a month at AdventHealth Shawnee Mission — including 18 days on a ventilator — fighting COVID-19. Green’s prognosis wasn’t great, and at one point intensive care staff thought he wasn’t going to make it.Now, after recovering from the virus and being reunited with his wife and two daughters, Green wanted to show appreciation for his critical care team.Thursday morning Green and his family surprised his caregivers with a special show of appreciation in front of the hospital. Green said he wanted to thank the team that gave him the opportunity to see his oldest daughter off to Kansas State University in fall 2020.“It’s really important to me to recognize you all because it’s just very humbling to be in the condition that I was in when I woke up and to be as vulnerable as I was, not be able to walk, not be able to stand,” Green said. “I just want you to know how much I appreciate you.”As a 27-year OPFD veteran, Green said he knows serving the public comes with its ups and downs and it can be difficult to remember that you are making a difference. To remind his care team of the difference they made in his life, Green gave each team member a fire department challenge coin.Members of Green’s critical care team respond to the special thanks they received from their former patient and his family.Ally Minyakov, an intensive care unit nurse, took care of Green every day for two weeks, she said. COVID-19 patients are not allowed visits from family members because the virus is so contagious and it was difficult to watch Green fight the illness alone, she said.Green’s wife was able to visit at one point after his condition worsened and the team thought he would not survive. When Minyakov received word that Green was well enough to come off the ventilator, she said she “literally jumped” out of her seat.“I know I speak for all the nurses that took care of you that it’s seriously such a blessing to see you standing here today with your family,” Minyakov said. “We’re just so grateful that you did this, and I think your story is going to give other people fighting COVID-19 and their families hope that they can pull through.”last_img read more

Me Versus the Scale

first_imgThe New York Times:The scale and I have reached détente. That is: I leave it alone, and it affords me the same courtesy. I rarely step on it, and we’re both better off.I have earned the right of refusal. As someone who weighed herself almost daily between the ages of 10 and 25, who spent six years at fat camps and traveled around the Middle East with a scale buried in the pit of her backpack (I know, I know…), I’ve done my time. I won’t even weigh myself at the doctor’s office. Nothing good can come from the knowledge that I’m three pounds lighter, or two pounds heavier.“People are obsessed with it — they go crazy over a tenth of a pound,” said Jim White, a registered dietitian nutritionist and a spokesman for the Academy of Nutrition and Dietetics. “I’ve had clients who are losing major inches and body fat and looking and feeling great, but if the scale doesn’t budge they get defeated. The number defines them.”…David A. Levitsky, a professor of nutrition and psychology at Cornell University who has conducted studies on the efficacy of daily weighing since 1992, believes that daily self-weighing is necessary to help prevent weight gain.“I don’t see any way that we are going to tax fats or tax soda or have people exercise more in order to control their weight,” he said. “There’s enough data to show that doesn’t work. But if you step on that scale first thing in the morning, that’s protective of those subtle cues in our environment that make us eat a little more than we expend.”Read the whole story: The New York Times More of our Members in the Media >last_img read more

Progress slowing, time running out to reach 2020 HIV targets – UNAIDS warns

first_img The Caribbean’s Remarkable Response to COVID-19 GENEVA, 18 July 2018—UNAIDS is issuing countries with a stark wake-up call. In a new report, launched (on Wednesday) in Paris, France, at an event co-hosted with Coalition PLUS, UNAIDS warns that the global response to HIV is at a precarious point. At the halfway point to the 2020 targets, the report, Miles to go—closing gaps, breaking barriers, righting injustices, warns that the pace of progress is not matching global ambition. It calls for immediate action to put the world on course to reach critical 2020 targets. “We are sounding the alarm,” said Michel Sidibé, Executive Director of UNAIDS. “Entire regions are falling behind, the huge gains we made for children are not being sustained, women are still most affected, resources are still not matching political commitments and key populations continue to be ignored. All these elements are halting progress and urgently need to be addressed head-on.” HIV prevention crisis Dec 3, 2019 Progress, but impact of HIV prevention response inadequate, particularly among key populations – PANCAP EvaluationThe Caribbean has made progress in responding to the HIV epidemic, but an evaluation done last year has found that the impact of the prevention response has been inadequate, particularly among key populations. Of concern, according to the Pan Caribbean Partnership Against HIV/AIDS (PANCAP), is that the annual number of…January 22, 2019In “CARICOM”UN adopts declaration on ending AIDSUNITED NATIONS, CMC – The United Nations Wednesday adopted a progressive, new and actionable Political Declaration on Ending AIDS which includes a set of specific, time-bound targets that must be reached by 2020 to end the AIDS epidemic by 2030 within the framework of the Sustainable Development Goals. The declaration…June 9, 2016In “CARICOM”Collaborate on innovations to reach key populations – NAPS Managers, civil society advised (PANCAP Coordinating Unit, CARICOM Secretariat) The Pan-Caribbean Partnership against HIV and AIDS (PANCAP) commenced the Seventh Meeting of National AIDS Programme (NAP) Managers and Key Partners in Port-of-Spain, Republic of Trinidad and Tobago on Monday, 11 March 2019. The meeting was hosted 22 months ahead of the end of 2020…March 13, 2019In “Associate Member States”Share this on WhatsApp CARICOM Special Rapporteur Wants More Access for Persons… Global new HIV infections have declined by just 18% in the past seven years, from 2.2 million in 2010 to 1.8 million in 2017. Although this is nearly half the number of new infections compared to the peak in 1996 (3.4 million), the decline is not quick enough to reach the target of fewer than 500 000 by 2020. The reduction in new HIV infections has been strongest in the region most affected by HIV, eastern and southern Africa, where new HIV infections have been reduced by 30% since 2010. However, new HIV infections are rising in around 50 countries. In eastern Europe and central Asia the annual number of new HIV infections has doubled, and new HIV infections have increased by more than a quarter in the Middle East and North Africa over the past 20 years. Treatment scale-up should not be taken for granted Due to the impact of antiretroviral therapy roll-out, the number of AIDS-related deaths is the lowest this century (940 000), having dropped below 1 million for the first time in 2016. Yet, the current pace of decline is not fast enough to reach the 2020 target of fewer than 500 000 AIDS-related deaths. In just one year, an additional 2.3 million people were newly accessing treatment. This is the largest annual increase to date, bringing the total number of people on treatment to 21.7 million. Almost 60% of the 36.9 million people living with HIV were on treatment in 2017, an important achievement, but to reach the 30 million target there needs to be an annual increase of 2.8 million people, and there are indications that the rate of scale-up is slowing down. West and central Africa lagging behind Just 26% of children and 41% of adults living with HIV had access to treatment in western and central Africa in 2017, compared to 59% of children and 66% of adults in eastern and southern Africa. Since 2010, AIDS-related deaths have fallen by 24% in western and central Africa, compared to a 42% decline in eastern and southern Africa. Nigeria has more than half (51%) of the HIV burden in the region and there has been little progress in reducing new HIV infections in recent years. New HIV infections declined by only 5% (9000) in seven years (from 179 000 to 170 000) and only one in three people living with HIV is on treatment (33%), although HIV treatment coverage has increased from just 24% two years ago. Progress for children has slowed The report shows that the gains made for children are not being sustained. New HIV infections among children have declined by only 8% in the past two years, only half (52%) of all children living with HIV are getting treatment and 110 000 children died of AIDS-related illnesses in 2017. Although 80% of pregnant women living with HIV had access to antiretroviral medicines to prevent transmission of HIV to their child in 2017, an unacceptable 180 000 children acquired HIV during birth or breastfeeding—far away from the target of fewer than 40 000 by the end of 2018. “One child becoming infected with HIV or one child dying of AIDS is one too many,” said Mr Sidibé. “Ending the AIDS epidemic is not a foregone conclusion and the world needs to heed this wake-up call and kick-start an acceleration plan to reach the targets.” Key populations account for almost half of all new HIV infections worldwide The report also shows that key populations are not being considered enough in HIV programming. Key populations and their sexual partners account for 47% of new HIV infections worldwide and 97% of new HIV infections in eastern Europe and central Asia, where one third of new HIV infections are among people who inject drugs. “The right to health for all is non-negotiable,” said Mr Sidibé. “Sex workers, gay men and other men who have sex with men, prisoners, migrants, refugees and transgender people are more affected by HIV but are still being left out from HIV programmes. More investments are needed in reaching these key populations.” Half of all sex workers in Eswatini, Lesotho, Malawi, South Africa and Zimbabwe are living with HIV. The risk of acquiring HIV is 13 times higher for female sex workers, 27 times higher among men who have sex with men, 23 times higher among people who inject drugs and 12 times higher for transgender women. “Communities are echoing UNAIDS’ call,” said Vincent Pelletier, positive leader and Executive Director of Coalition PLUS. “We need universal access to adapted prevention services, and protection from discrimination. We call upon world leaders to match commitments with funding, in both donor and implementing countries.” Stigma and discrimination persist Discrimination by health-care workers, law enforcement, teachers, employers, parents, religious leaders and community members is preventing young people, people living with HIV and key populations from accessing HIV prevention, treatment and other sexual and reproductive health services. Across 19 countries, one in five people living with HIV responding to surveys reported being denied health care and one in five people living with HIV avoided visiting a health facility for fear of stigma or discrimination related to their HIV status. In five of 13 countries with available data, more than 40% of people said they think that children living with HIV should not be able to attend school with children who are HIV-negative. New agenda needed to stop violence against women In 2017, around 58% of all new HIV infections among adults more than 15 years old were among women and 6600 young women between the ages of 15 and 24 years became infected with HIV every week. Increased vulnerability to HIV has been linked to violence. More than one in three women worldwide have experienced physical or sexual violence, often at the hands of their intimate partners. “Inequality, a lack of empowerment and violence against women are human rights violations and are continuing to fuel new HIV infections,” said Mr Sidibé. “We must not let up in our efforts to address and root out harassment, abuse and violence, whether at home, in the community or in the workplace.” 90–90–90 can and must be achieved There has been progress towards the 90–90–90 targets. Three quarters (75%) of all people living with HIV now know their HIV status; of the people who know their status, 79% were accessing treatment in 2017, and of the people accessing treatment, 81% had supressed viral loads. Six countries, Botswana, Cambodia, Denmark, Eswatini, Namibia and the Netherlands, have already reached the 90–90–90 targets and seven more countries are on track. The largest gap is in the first 90; in western and central Africa, for example, only 48% of people living with HIV know their status. A big year for the response to tuberculosis There have been gains in treating and diagnosing HIV among people with tuberculosis (TB)—around nine out of 10 people with TB who are diagnosed with HIV are on treatment. However, TB is still the biggest killer of people living with HIV and three out of five people starting HIV treatment are not screened, tested or treated for TB. The United Nations High-Level Meeting on Tuberculosis in September 2018 is an opportunity to bolster momentum around reaching the TB/HIV targets. The cost of inaction Around US$ 20.6 billion was available for the AIDS response in 2017—a rise of 8% since 2016 and 80% of the 2020 target set by the United Nations General Assembly. However, there were no significant new commitments and as a result the one-year rise in resources is unlikely to continue. Achieving the 2020 targets will only be possible if investments from both donor and domestic sources increase. Ways forward From townships in southern Africa to remote villages in the Amazon to mega-cities in Asia, the dozens of innovations contained within the pages of the report show that collaboration between health systems and individual communities can successfully reduce stigma and discrimination and deliver services to the vast majority of the people who need them the most. These innovative approaches continue to drive the solutions needed to achieve the 2020 targets. When combination HIV prevention—including condoms and voluntary medical male circumcision—is pursued at scale, population-level declines in new HIV infections are achieved. Oral pre-exposure prophylaxis (PrEP) is having an impact, particularly among key populations. Offering HIV testing and counselling to family members and the sexual partners of people diagnosed with HIV has significantly improved testing access. Eastern and southern Africa has seen significant domestic and international investments coupled with strong political commitment and community engagement and is showing significant progress in achieving the 2020 targets. “For every challenge there is a solution,” said Mr Sidibé. “It is the responsibility of political leaders, national governments and the international community to make sufficient financial investments and establish the legal and policy environments needed to bring the work of innovators to the global scale. Doing so will create the momentum needed to reach the targets by 2020.” In 2017, an estimated: 36.9 million [31.1 million–43.9 million] people globally were living with HIV 21.7 million [19.1 million–22.6 million] people were accessing treatment 1.8 million [1.4 million–2.4 million] people became newly infected with HIV 940 000 [670 000–1.3 million] people died from AIDS-related illnesses UNAIDS The Joint United Nations Programme on HIV/AIDS (UNAIDS) leads and inspires the world to achieve its shared vision of zero new HIV infections, zero discrimination and zero AIDS-related deaths. UNAIDS unites the efforts of 11 UN organizations—UNHCR, UNICEF, WFP, UNDP, UNFPA, UNODC, UN Women, ILO, UNESCO, WHO and the World Bank—and works closely with global and national partners towards ending the AIDS epidemic by 2030 as part of the Sustainable Development Goals. Learn more at unaids.org and connect with us on Facebook, Twitter, Instagram and YouTube. Share this:PrintTwitterFacebookLinkedInLike this:Like Loading… Jun 3, 2020center_img Dec 17, 2019 PANCAP fully endorses PrEP You may be interested in… Feb 17, 2020 PANCAP Knowledge Exchange Promotes Successful Models of Care… last_img read more

Administrators seize £850,000 of art from property adviser Pierre Rolin

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Goodyear Chief Financial Officer Laura Thompson To Retire

first_imgThe Goodyear Tire & Rubber Co. has announced that Laura Thompson, executive vice president and chief financial officer (CFO), has informed the company of her intention to retire in the first quarter of 2019, after 35 years of distinguished service with the tiremaker.AdvertisementClick Here to Read MoreAdvertisementThompson joined Goodyear in 1983 and served in a range of key finance and business roles of increasing responsibility during her career, culminating in her current appointment as executive vice president and CFO in 2013. Prior to that, she played a key role in the turnaround of Goodyear’s North America business as vice president of finance. Earlier, she led business development and investor relations for the company.“We extend our sincere gratitude to Laura for the outstanding leadership she has provided throughout her career,” said Richard Kramer, chairman, CEO and president. “Our entire company – from our business units to our finance teams – has benefited from her substantial contributions to making Goodyear a strong competitor in our industry. Laura has left an indelible mark on our company and everyone she has worked with in her time at Goodyear.”“As I look ahead to marking 35 years with Goodyear in the coming months, I have given this decision a great deal of thought and concluded that the time is right for me to take this step,” said Thompson. “I’m grateful to have had such a long and fulfilling career at this great company and I’m confident that we have the right strategy and team to drive our business forward.”AdvertisementGoodyear says it has begun an executive search for Thompson’s successor.,Lubrication Specialties Inc. (LSI), manufacturer of Hot Shot’s Secret brand of performance additives and oils, recently announced the expansion of senior leadership. Steve deMoulpied joins LSI as the company’s chief operating officer (COO). AdvertisementClick Here to Read MoreAdvertisement DeMoulpied comes to LSI from the Private Client Services practice of Ernst & Young where he managed strategy & operations improvement engagements for privately held client businesses. Some of his prior roles include VP of strategic development, director of strategic initiatives, and Lean Six Sigma Master Black Belt at OptumHealth, UnitedHealth Group’s health services business, as well as Lean Six Sigma Black Belt at General Electric, where he applied operations improvement principles to customer service, supply chain and product development. A successful entrepreneur, deMoulpied is also the founder of PrestoFresh, a Cleveland-based e-commerce food/grocery business.  LSI President Brett Tennar says, “Steve’s success in developing operational strategies that improves the bottom line, builds teamwork, reduces waste and ensures quality product development and distribution checks many of the boxes of what we were looking for in a COO. This, coupled with his career in the Air Force working with highly technical systems and his in-depth understanding of Lean Six Sigma and Business Process Management sealed our offer. As our tagline states, our products are Powered by Science. This data driven approach is one reason why our company has grown exponentially as we employ the most advanced technology to product development. I am confident that Steve is the right person to drive operational strategy for our diverse and growing brands.” Advertisement With more than 20 years of experience across multiple industries and functional areas, deMoulpied has particular expertise in organizations with complex technical products. Combined, his prior positions have required a spectrum of skills in corporate strategy, operations improvement, product quality, and revenue cycle management. He has an impressive history of utilizing data driven problem solving (Lean Six Sigma) and project management (PMP and CSM) to achieve strategic goals surrounding customer satisfaction, operational efficiency and improved profit.  DeMoulpied has a Bachelor of Science degree in Engineering Management from the United States Air Force Academy and a Master of Business Administration degree from the University of Dayton in Marketing and International Business. He served six years with the USAF overseeing the development of technology used on fighter aircraft and the E-3 Surveillance aircraft, finishing his career honorably as Captain.last_img read more

Fisker Inc. Announces Board Of Directors

first_imgFisker Inc., a developer of eco-friendly electric vehicles, recently announced the composition of its board of directors, which has been designed anticipating the completion of its merger with Spartan Energy Acquisition Corporation, a special purpose acquisition company sponsored by an affiliate of Apollo Global Management, Inc. The board will be comprised of seven members, including two executives from Fisker, four external directors and a Spartan appointee. AdvertisementClick Here to Read MoreAdvertisement Fisker Inc. board of directors:  Henrik Fisker, founder, chairman and CEO of Fisker Dr. Geeta Gupta-Fisker, co-founder and CFO of Fisker Wendy Greuel, former controller and council member for the city of Los AngelesMark Hickson, executive VP corporate development, strategy, quality and integration for NextEra Energy, Inc. Rod Randall, co-founder of Vesbridge Partners, executive partner of Siris Capital, board director of Stratus Technologies and Mavenir, chairman of the board of Maglev Aero Henry Ward, founder and CEO of Carta Nadine Watt, CEO of Watt Companies and chair of the Los Angeles Business Council Commenting on the formation of the board, Henrik Fisker said: “As we further evolve our company and execute on our plans to deliver our first vehicle, the most important element is the team who will deliver on our vision. I look forward to working with our board of directors that shares our focus on and commitment to ESG leadership as the bedrock for the company.”Advertisement Following more than 15 years in senior positions across the automotive industry, including at BMW and Volkswagen, incoming special advisor to Fisker, Woebcken commented: “As electric charging infrastructure is building up fast, range of EVs increase and prices for EVs come down, more and more consumers see an EV as a great choice. The strong transition into electric mobility has just begun. I believe that Henrik and his team have created a great brand, product and business model package which has the potential for a strong growth journey. The Fisker Ocean is a stunningly good looking, family friendly compact SUV with inside midsize dimensions and feel. The affordability of this premium EV will be additionally convincing. I am excited to support with my industry background this great endeavor.” Hickson added, “Joining Fisker’s board at this exciting time is a great privilege and I look forward to helping Henrik and his team realize the full potential of the company.” In addition, Hinrich Woebcken has been retained by Apollo to provide certain strategic and operational advisory services to Fisker. The merger between Fisker and Spartan is anticipated to be completed later this year, and will result in shares of Fisker’s Class A common stock trading on the New York Stock Exchange as a publicly listed company.last_img read more