Year: 2022

REYKJAVIK, Iceland, Oct. 11, 2022 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that Sarah Tanksley will join its corporate leadership team as Chief Quality Officer, effective October 14. Ms. Tanksley succeeds Reem Malki, who is stepping down for personal reasons. “Sarah has been actively working with Alvotech as a consultant and we are very pleased that she will join our team in this new capacity,” said Mark Levick, Chief Executive Officer of Alvotech. “Her familiarity with our operation facilitates a smooth transition and we are excited to benefit further from her experience in regulatory compliance and GMP. Sarah brings strong capabilities to the role of Chief Quality Officer, having excelled...

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that Sarah Tanksley will join its corporate leadership team as Chief Quality Officer, effective October 14.  Ms. Tanksley succeeds Reem Malki, who is stepping down for personal reasons. “Sarah has been actively working with Alvotech as a consultant and we are very pleased that she will join our team in this new capacity,” said Mark Levick, Chief Executive Officer of Alvotech. “Her familiarity with our operation facilitates a smooth transition and we are excited to benefit further from her experience in regulatory compliance and GMP.  Sarah brings strong capabilities to the role of Chief Quality Officer, having excelled in regulatory agency roles as well as a respected industry...

ROCKVILLE, Md., Oct. 11, 2022 (GLOBE NEWSWIRE) — Capital Bank, N.A. (the “Bank”), has named Steven M. Poynot as Chief Operating Officer, effective immediately. “We are thrilled to have Steve join our senior management team,” said Ed Barry, the Bank’s CEO. “His background and experience add to the depth and knowledge of our team and will serve our Bank well as we continue executing on our strategic plan. Steve brings a wealth of experience across sales, operations, technology and credit that he has used to help banks evolve and grow.” Poynot, formerly Executive Vice President and Chief Operating Officer of F&M Trust, brings to his new position significant experience in regional banking. Prior to his position at F&M Trust, Poynot was with Howard Bank where he served as Executive Vice President and Chief Information...

BOCA RATON, Fla., Oct. 11, 2022 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq: FPAY) (“FlexShopper”), a leading national online lease-to-own (“LTO”) retailer and financing solutions provider, today announced an exclusive long-term marketing relationship with Liberty Tax corporate and franchisee locations. This relationship will allow FlexShopper to offer its consumer loans in Liberty Tax locations across the United States, as well as via the Liberty Tax website and mobile applications. Liberty Tax has 2,700 locations in the United States and Canada. In addition, FlexShopper will market other financing alternatives, including lease to own and complementary financing products, in these same storefront and digital locations. “As we have mentioned in our quarter-end conference calls, FlexShopper utilizes its omni-channel lease and loan...

Senior team enhanced to advance Aziyo’s commercial and financial objectives SILVER SPRING, Md., Oct. 11, 2022 (GLOBE NEWSWIRE) — Aziyo Biologics, Inc. (Nasdaq: AZYO), a biological device company with a portfolio of commercial products across four distinct businesses, today announced key promotions and new hires that solidify its position as a leader in treatment options for patients receiving implantable medical devices and other surgical procedures. Courtney Guyer was promoted to Vice President and General Manager of the Women’s Health division, and Sonali Fonseca, Ph.D. was named Vice President and General Manager of Orthobiologics and Emerging Business. Jeff Hamet was elevated to the position of Senior Vice President of Finance, and Erica Elchin was hired as Vice President of Global Operations. “Over the past 90 days, the team...

UNIONDALE, N.Y., Oct. 11, 2022 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (“Arbor”) (NYSE: ABR) today announced that its subsidiary, Arbor Realty SR, Inc. (the “Issuer”), has closed an offering of $150 million aggregate principal amount of 8.50% Senior Notes due 2027 (the “Notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), outside the United States to non-United States persons in compliance with Regulation S under the Securities Act and to institutional accredited investors pursuant to the Securities Act. The Notes are the senior, unsecured obligations of the Issuer and are fully and unconditionally guaranteed on a senior, unsecured basis by Arbor. The Notes bear interest at a rate equal to...

LOS ANGELES, Oct. 11, 2022 (GLOBE NEWSWIRE) — Preferred Bank (NASDAQ: PFBC), one of the larger independent commercial banks in California, today announced plans to release its financial results for the third quarter ended September 30, 2022 after the close of market on Wednesday, October 19, 2022.  On the following day, Thursday, October 20, 2022, management will host a conference call at 2:00 p.m. Eastern (11:00 a.m. Pacific). The call will be simultaneously broadcast over the Internet. Interested participants and investors may access the conference call by dialing 844-826-3037 (domestic) or 412-317-5182 (international) and referencing “Preferred Bank.” There will also be a live webcast of the call available at the Investor Relations section of Preferred Bank’s website at www.preferredbank.com. Preferred Bank’s Chairman...

MILWAUKEE, Oct. 11, 2022 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management (“AUM”) as of September 30, 2022 totaled $120.6 billion. Artisan Funds and Artisan Global Funds accounted for $57.8 billion of total firm AUM, while separate accounts and other AUM1 accounted for $62.8 billion.PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2         As of September 30, 2022 – ($ Millions)    Growth Team    Global Opportunities $18,077  Global Discovery 1,513  U.S. Mid-Cap Growth 10,789  U.S. Small-Cap Growth 3,140  Global Equity Team    Global Equity 440  Non-U.S. Growth 12,092  Non-U.S. Small-Mid Growth 6,193  China Post-Venture 161  U.S. Value Team    Value Equity 3,374  U.S. Mid-Cap Value 2,743  Value...

DENVER, Oct. 11, 2022 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its Colorado intrastate natural gas pipeline, Rocky Mountain Natural Gas LLC, doing business as Black Hills Energy, filed a rate review application with the Colorado Public Utility Commission requesting $12.3 million in new annual revenue. Black Hills Energy has invested over $120 million in safety, system integrity and reliability for more than 600 miles of natural gas pipeline infrastructure in Colorado since its last rate review in 2017. These critical investments were required to ensure the safe and reliable delivery of natural gas and transportation services and meet compliance requirements of state and federal regulations. “This rate review request reflects our commitment to our Colorado customers to deliver safe, reliable and cleaner...

SAN JOSE, Calif., Oct. 11, 2022 (GLOBE NEWSWIRE) — California Water Service’s Antelope Valley District led all water suppliers statewide in water savings during the month of August, saving 46.1% compared to August 2020. Company-wide, Cal Water customers also made strides, reducing water use for the fourth consecutive month and with 12 of the utility’s districts making the state’s list of water suppliers that achieved at least 15% in reductions. Statewide, as California saw a decrease in water usage of 10.5% in August compared to August 2020, Cal Water customers across the utility’s districts reduced water use by 12.3%. Cal Water districts accounted for 12% of the 95 systems that reached the 15% reduction goal. “We are proud of our customers’ continued conservation progress in August, especially those in Antelope Valley and all...