News Article | February 21, 2017
SAN FRANCISCO, CA--(Marketwired - Feb 21, 2017) - Industry Ventures LLC, a leading investment firm for venture capital, today announced key additions to its investment team with the appointments of Jonathan Roosevelt as Venture Partner and Kemper Ahl as Business Development Associate. In addition, the firm recognized the ongoing contributions of key team members with internal promotions, including Robert May to Managing Director, Chief Operating/Compliance Officer; Aaron Hinz to VP of Finance; Lena McNulty to Manager of Investor Relations; and Brian Langner to Senior Associate. In total, Industry Ventures' team of over twenty venture capital professionals manages over $3 billion of institutional capital targeted at secondary investments, primary venture fund commitments, direct co-investments and special situation investing. "It is with great pleasure that we welcome Jonathan and Kemper to the Industry Ventures team. We are very proud of the high-caliber team we have assembled over the years and believe Jonathan and Kemper will be valuable contributors to our investment strategy," said Hans Swildens, CEO and founder of the firm. "Jonathan has a long history with our firm as we invested in his company Epesi over 17 years ago, and also were a shareholder via three venture funds in FitBit. His deep experience as an entrepreneur, direct investor and an executive manager make him uniquely qualified to join as a Venture Partner. Kemper will bring terrific perspective to the deal sourcing team and we're lucky to have him." Jonathan most recently managed Roosevelt Capital and held various board positions. He was an early employee and VP of Sales at SocialFinance (aka Sofi), co-founder of GuestDNA, HealthyFit and Epesi Technologies (a company he co-founded with James Park of FitBit). Jonathan was an original angel investor in FitBit's seed round. He earned his MBA from Harvard Business School and a Bachelor of Arts in History from Harvard College with honors. Kemper joins from Artist Capital, a NY-based merchant bank providing advisory services to financial sponsors and private businesses, where his responsibilities spanned all aspects of the firm's business activities, including client management, due diligence, investor relations and business development. Kemper received his Bachelor of Arts in Political Science from Davidson College. "We are so fortunate to have a strong team both on the investment and operations sides of our firm. Robert's tenure has brought professionalism and astute guidance to our operations and compliance. Aaron has proved himself with his financial acumen as controller and is ready for additional responsibilities. For over eight years, Lena has been a steady force in our investor relations activities and a pleasure to have on our team. Brian has been a valuable player on our investment team and we look forward to his continued growth with the firm," stated Swildens. "We congratulate these folks for their contributions to the firm and their continued success." About Industry Ventures LLC Industry Ventures is a leading investment firm that focuses on venture capital. The firm has three investment strategies: secondary investments, primary fund of funds investments and direct co-investments. Founded in 2000, the firm manages over $3 billion of institutional capital and is headquartered in San Francisco with an office in Washington, D.C. For more information, please visit www.industryventures.com.
News Article | February 15, 2017
Today CyberScoutTM (formerly IDT911) announced additions to its senior management and communications teams as it gears up for aggressive growth internationally and into new market segments. CyberScout, which recently changed its name from IDT911 as part of a global rebranding, has gained a reputation as the best-in-class provider of identity and data defense services – from proactive protection and education to successful resolution. As threats to cyber security reach unprecedented levels, the company’s expansion addresses the growing and urgent need for innovative, trusted, effective services. Andrew J. Centauro joins CyberScout as executive vice president, finance & strategy, bringing to the company extensive experience in corporate finance and business transformation in a number of industries. In COO and CFO roles, Andy has provided strategic guidance to technology start-ups on their paths to high growth companies, leveraging both domestic and international partnerships for business growth. Andy has also been responsible for several M&A deals that have resulted in significant year-over-year growth. Residing in Sudbury, MA with his wife Eileen, Andy earned his MBA at Boston College and a BA at Boston University. Chad Eaton joins CyberScout as vice president of business development. He brings to the company a deep understanding of the cyber protection market, including seven years in senior management positions at LifeLock. As vice president of SMB sales and partner management at LifeLock, Chad directed the inside sales and partner teams and under his leadership, LifeLock’s partner business saw tremendous growth. Prior to Lifelock, Chad held management positions at Microsoft and Verizon Wireless. An Arizona native and current resident of Scottsdale, Chad holds an MBA from the University of Arizona Eller College of Management and a BSBA in Management from Arizona State University’s W.P. Carey School of Business. Carol McGarry joins the company as director of communications. Previously executive vice president at Schwartz MSL, Carol brings to CyberScout more than 20 years of award-winning communications campaigns for technology innovators. Her communications counsel has guided public relations strategy for dozens of innovative companies, including LexisNexis, KORE Telematics, MicroStrategy, Netegrity (now Computer Associates) and Recall. She began her career in technology publishing and in marketing communications at high tech startups. Residing in Sherborn, MA, Carol holds a BA from Harvard College. Available to millions of consumers through leading insurance and financial companies as well as employers, CyberScout’s services are provided by 16 of the top 20 U.S. property and casualty insurance carriers, and six of the top seven Canadian insurers. In a cyber world of dangerous, complex threats, CyberScout sets the gold standard for identity and data defense services. In annual customer surveys, CyberScout earns 99% satisfaction ratings, year after year. In addition to its corporate headquarters in Providence, Rhode Island, CyberScout has North American operation centers in Phoenix, Arizona, and Montreal, Canada, and in Galway, Ireland, serving Europe. About CyberScout As the industry leader for over 13 years, CyberScout has been setting the gold standard for identity and data defense services – from proactive protection and education to successful resolution. Formerly IDT911, CyberScout combines boots-on-the-ground experience with high-touch personal service to help commercial clients and individuals minimize risk and maximize recovery. To learn more, visit http://www.cyberscout.com.
News Article | March 2, 2017
STAMFORD, Conn.--(BUSINESS WIRE)--Land & Buildings Investment Management, LLC (together with its affiliates, "Land and Buildings") today issued the following letter to shareholders of Taubman Centers, Inc. (NYSE: TCO) (“Taubman,” “Taubman Centers” or the "Company”) announcing the nomination of two highly-qualified director candidates for election at Taubman’s 2017 Annual Meeting. The full text of the letter follows: At Land and Buildings, we are focused on long-term solutions that maximize value for all shareholders. In 1992, I attended the Taubman IPO roadshow at the Plaza Hotel in New York, and my prior firm acquired shares at the IPO. For 14 years I published investment opinions on Taubman, oftentimes documenting the numerous missteps of this management team. For the past eight years, since I founded Land and Buildings, we have continued to meet with management and analyze the investment opportunity at Taubman. Since the first half of 2016 and as recently as last week, we have had an active engagement with Taubman Chairman, President and CEO Bobby Taubman, and implored him to take action to address the deplorable state we find the Company in today. Unfortunately, Bobby Taubman has made it clear to us that he prefers to dig in his heels against shareholders rather than reach an amicable resolution that addresses the level of change that we believe is necessary at the Company. As such, Land and Buildings has nominated two highly-qualified director candidates for election to the Taubman Centers Board of Directors (the “Board”) at the 2017 Annual Meeting: We believe the crux of the matter is this: Bobby Taubman, the Chairman, President and CEO of Taubman Centers, runs Taubman Centers as if he is the only shareholder – despite having what we view as a de minimis economic interest in the Company – and has a demonstrated history of running roughshod over the Taubman Centers independent Board members and common shareholders. Bobby Taubman’s history of disenfranchising Taubman Centers’ common shareholders is well documented and includes (among other transgressions): Unfortunately, the independent Board members have not held Bobby Taubman accountable, which has resulted in horrible total returns when compared to peers. The poor track record of the independent directors includes: Changes by the Company since our initial engagement have solely been cosmetic and have only occurred to preserve the status quo, in our view: We estimate about 50% upside in the shares to close the gap to our and other analysts’ net asset value estimates of approximately $106 per share. We believe Taubman’s malls are insulated from many of the broader issues facing brick and mortar retail as its malls are highly sought after by retailers, resulting in strong sales and rent growth. Our highly-qualified nominees, Charles Elson and Jonathan Litt, have the right mix of governance expertise and sector experience to address the numerous issues that have persistently plagued the Company and unlock significant long-term shareholder value, in our view. Common shareholders have suffered under the leadership of Bobby Taubman as poor capital allocation, bloated G&A, inferior operating margins and abysmal corporate governance have caused sub-par returns. Over the past 1, 3, and 5 years, Taubman has underperformed its high-quality class A mall REIT peers by 4%, 29%, and 57%, respectively.8 Troublingly, despite having highlighted many of these issues in recent months, the status quo has continued: 2016 was another year of inferior net operating income and EBITDA margins with bloated G&A costs compared to its high-quality peers. Poor capital allocation decisions continue to plague the Company and development/re-development spending is expected to rise further in 2017 to $400 million. Figure 1: Taubman Inferior Total Returns Stem From Numerous Issues Plaguing the Company, in Our View Note: Reflects total returns for the trailing 1, 3 and 5 year periods through October 14, 2016. Class A mall peers utilized throughout letter are General Growth Properties (NYSE: GGP), The Macerich Company (NYSE: MAC) and Simon Property Group (NYSE: SPG). Figure 2: Taubman’s Inferior Margins Demonstrate Nearly Total Disregard for Cost Control, in Our View Note: Figures reflect pro rata ownership of assets; Land and Buildings estimates used where the Company does not disclose each metric. Charles Elson is the Edgar S. Woolard, Jr., Chair in Corporate Governance and the Director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. He is also a “Consultant” to the law firm Holland & Knight. He formerly served as a Professor of Law at Stetson University College of Law in St. Petersburg, Florida from 1990 until 2001. His fields of expertise include corporations, securities regulation and corporate governance. He is a graduate of Harvard College and the University of Virginia Law School, and has served as a law clerk to Judges J. Harvie Wilkinson III and Elbert P. Tuttle of the United States Court of Appeals for the Fourth and Eleventh Circuits. He has been a Visiting Professor at the University of Illinois College Of Law, the Cornell Law School, and the University of Maryland School of Law, and was a Salvatori Fellow at the Heritage Foundation in Washington, D.C. and is a member of the American Law Institute. Professor Elson has written extensively on the subject of boards of directors. He is a frequent contributor on corporate governance issues to various scholarly and popular publications. He served on the National Association of Corporate Directors' Commissions on Director Compensation, Director Professionalism, CEO Succession, Audit Committees, Strategic Planning, Director Evaluation, Risk Governance, Effective Lead Director, and Board Diversity and was a member of its Best Practices Council on Coping With Fraud and Other Illegal Activity. He also served on the National Association of Corporate Directors’ Advisory Council. He is Vice Chairman of the ABA Business Law Section’s Committee on Corporate Governance and was a member of its Committee on Corporate Laws. He is presently a member of the Board of Directors of HealthSouth Corporation, a healthcare services provider and Bob Evans Farms Inc., a restaurant and food products company. Jonathan Litt has over 24 years of experience as a global real estate strategist and an investor in both public real estate securities and direct property. Mr. Litt founded Land and Buildings in the summer of 2008 to take advantage of the opportunities uncovered by the global property bubble. Previously, Mr. Litt was Managing Director and Senior Global Real Estate Analyst at Citigroup where he was responsible for Global Property Investment Strategy, coordinating a 44-person team of research analysts located across 16 countries. Mr. Litt was recognized as a leading analyst since 1995, achieving the prestigious Institutional Investor Magazine #1 ranking for 8 years and top five ranking throughout the period. Mr. Litt also achieved a top ranking from Greenwich Associates since 1995. Before moving to the sell-side in 1994, Mr. Litt worked on the buy-side investing in public real estate securities and buying real property during his tenure at European Investors and BrookHill Properties, where his career began in 1988. Mr. Litt served on the Board of Directors at Mack-Cali from March 2014 to August 2016. Mr. Litt graduated from Columbia University in 1987 with a BA in Economics and NYU's Stern School of Business in 1990 with an MBA in Finance. Mr. Litt can often be seen on CNBC or quoted in the Wall Street Journal and other industry publications. He is also the director of a not-for-profit, the Children with Dyslexia Scholarship Fund, which provides children with scholarships to secondary schools that specialize in dyslexia. CERTAIN INFORMATION CONCERNING THE PARTICIPANTS Land & Buildings Investment Management, LLC together with the other participants named herein (collectively, "Land & Buildings "), intends to file a preliminary proxy statement and accompanying proxy card with the Securities and Exchange Commission ("SEC") to be used to solicit votes for the election of its slate of highly-qualified director nominees at the 2017 annual meeting of stockholders of Taubman Centers, Inc., a Michigan corporation (“TCO” or, the “Company”). LAND & BUILDINGS STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC'S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS' PROXY SOLICITOR. The participants in the proxy solicitation are anticipated to be Land & Buildings Capital Growth Fund, LP, a Delaware limited partnership (“L&B Capital” ), L & B Real Estate Opportunity Fund, LP, a Delaware limited partnership (“L&B Opportunity”), Land & Buildings GP LP, a Delaware limited partnership (“L&B GP”), Land & Buildings Investment Management, LLC, a Delaware limited liability company (“L&B Management”), Jonathan Litt and Charles Elson. As of the date hereof, L&B Capital directly owns 185,600 shares of Common Stock, $0.01 par value, of the Company (the "Shares”). As of the date hereof, L&B Opportunity directly owns 97,600 Shares. As of the date hereof, 435,247 Shares were held in certain accounts managed by L&B Management (the “Managed Accounts”). L&B GP, as the general partner of each of L&B Capital and L&B Opportunity, may be deemed the beneficial owner of the (i) 185,600 Shares owned by L&B Capital and (ii) 97,600 Shares owned by L&B Opportunity. L&B Management, as the investment manager of each of L&B Capital and L&B Opportunity, and as the investment advisor of the Managed Accounts, may be deemed the beneficial owner of the (i) 185,600 Shares owned by L&B Capital, (ii) 97,600 Shares owned by L&B Opportunity, and (iii) 435,247 Shares held in the Managed Accounts. Mr. Litt, as the managing principal of L&B Management, may be deemed the beneficial owner of the (i) 185,600 Shares owned by L&B Capital, (ii) 97,600 Shares owned by L&B Opportunity, and (iii) 435,247 Shares held in the Managed Accounts. In addition, as of the date hereof, Mr. Litt directly owns 436 shares of the Company’s 6.5% Series J Cumulative Redeemable Preferred Stock, no par value. As of the date hereof, Mr. Elson does not own any Shares.
News Article | February 21, 2017
NEW YORK--(BUSINESS WIRE)--The National Center on Addiction and Substance Abuse (CASA) announced that its board of directors has elected James G. Niven, former chair of Sotheby’s The America’s and a director of several nonprofit organizations, and Joseph J. Plumeri, senior advisor to Kohlberg, Kravis, Roberts & Co. and vice chairman of First Data Corp., to be co-chairs of The National Center on Addiction and Substance Abuse (CASA). Founded in 1992 by former US Secretary of Health, Education, and Welfare Joseph A. Califano, Jr., CASA is the premier substance abuse and addiction research and action center to inform the American public and leaders about the costs and dangers of drug and alcohol addiction and abuse, and to identify effective actions that public officials, parents and other individuals and institutions can take to combat this scourge and treat its victims. Messrs. Niven and Plumeri succeed Jeffrey B. Lane who has been chair of CASA since 2012. “ This is a great day for CASA and for all those who work to combat drug and alcohol abuse and addiction in our nation,” said Califano and Lane in a joint statement. “ These two new leaders bring a deep commitment to the nation’s battle against substance addiction and abuse and the experience and commitment to take CASA to a great new stage.” Mr. Plumeri said, “ It’s a pleasure to be co-chair of CASA with Jamie Niven. Together we will provide new leadership and vision to the organization. We intend to do all we can to get parents, public officials, schools and all Americans to recognize how serious the epidemic of drug addiction has become in our nation and take the actions needed to combat this scourge.” Mr. Niven said, “ I am delighted to serve as co-chair of CASA with Joe Plumeri. This is a special institution that celebrates its 25th anniversary this year. Drug addiction has reached epidemic levels and we will focus CASA on doing all it can to encourage public officials and all citizens to work to end this crisis.” Mr. Plumeri has been on the CASA Board for 20 years. He has been chair & CEO of Willis Group Executives, and a leader of First Data and other global corporations. Before joining Willis, he was CEO of Citibank North America, chairman and CEO of Travelers Primerica Financial Services, vice chairman of the Travelers Group, and president and managing partner of Shearson Lehman Brothers. A generous philanthropist, Mr. Plumeri is involved with a wide number of nonprofit institutions. In 2015 Mr. Plumeri published his first book, a national best seller, The Power of Being Yourself: A Game Plan for Success – by Putting Passion into Your Life and Work. In his book, Mr. Plumeri offers simple yet profound guidance on how to stay positive, motivate others, and achieve success in life and work. He has said, “ I consider CASA among the causes closest to my heart.” During his years on the CASA board he has helped drive many of its initiatives and has said, “ My commitment has become even stronger since the death of my son Chris, who struggled with addiction throughout his life. Now I have the time to act on that commitment and I intend to do that.” Mr. Niven has been on the CASA board for four years. He attended St. Paul’s School in Concord, New Hampshire, and the Lycée Jaccard in Lausanne, Switzerland. He graduated from Harvard College in 1967. Mr. Niven has strong ties to the nonprofit community and is currently on the board of Bloomberg Philanthropies, and a trustee of The Museum of Modern Art (28 years), The Ralph Lauren Center for Cancer Care and Prevention (10 years) of which he is the chairman, and Memorial Sloan-Kettering Cancer Center (38 years). He has also served on the Boards of Directors of The Central Park Conservancy, The Children’s Aid Society, The Neil A. McConnell Foundation, AMREF, The Parrish Art Museum and The National Center for Learning Disabilities. As an auctioneer at Sotheby’s, he volunteers his time at benefit auctions worldwide. Founded as The National Center on Addiction and Substance Abuse at Columbia University, CASA is the only national organization that brings together under one roof all the professional disciplines needed to study and combat abuse of alcohol, illegal and prescription drugs and nicotine and to inform Americans of the costs of substance abuse and addiction and what they and public and private institutions can do to combat and treat this disease, eliminate the stigma of substance abuse and replace shame and despair with hope.
News Article | February 15, 2017
Fast radio bursts (FRBs) are brief spurts of radio emission, lasting just one-thousandth of a second, whose origins are mysterious. Fewer than two dozen have been identified in the past decade using giant radio telescopes such as the 1,000-foot dish in Arecibo, Puerto Rico. Of those, only one has been pinpointed to originate from a galaxy about 3 billion light-years away. The other known FRBs seem to also come from distant galaxies, but there is no obvious reason that, every once in a while, an FRB wouldn't occur in our own Milky Way galaxy too. If it did, astronomers suggest that it would be "loud" enough that a global network of cell phones or small radio receivers could "hear" it. "The search for nearby fast radio bursts offers an opportunity for citizen scientists to help astronomers find and study one of the newest species in the galactic zoo," says theorist Avi Loeb of the Harvard-Smithsonian Center for Astrophysics (CfA). Previous FRBs were detected at radio frequencies that match those used by cell phones, Wi-Fi, and similar devices. Consumers could potentially download a free smartphone app that would run in the background, monitoring appropriate frequencies and sending the data to a central processing facility. "An FRB in the Milky Way, essentially in our own back yard, would wash over the entire planet at once. If thousands of cell phones picked up a radio blip at nearly the same time, that would be a good sign that we've found a real event," explains lead author Dan Maoz of Tel Aviv University. Finding a Milky Way FRB might require some patience. Based on the few, more distant ones, that have been spotted so far, Maoz and Loeb estimate that a new one might pop off in the Milky Way once every 30 to 1,500 years. However, given that some FRBs are known to burst repeatedly, perhaps for decades or even centuries, there might be one alive in the Milky Way today. If so, success could become a yearly or even weekly event. A dedicated network of specialized detectors could be even more helpful in the search for a nearby FRB. For as little as $10 each, off-the-shelf devices that plug into the USB port of a laptop or desktop computer can be purchased. If thousands of such detectors were deployed around the world, especially in areas relatively free from Earthly radio interference, then finding a close FRB might just be a matter of time. This work has been accepted for publication in the Monthly Notices of the Royal Astronomical Society and is available online. Headquartered in Cambridge, Mass., the Harvard-Smithsonian Center for Astrophysics (CfA) is a joint collaboration between the Smithsonian Astrophysical Observatory and the Harvard College Observatory. CfA scientists, organized into six research divisions, study the origin, evolution and ultimate fate of the universe. Please follow SpaceRef on Twitter and Like us on Facebook.
News Article | February 15, 2017
ASSESSING the part women have played in the development of science is not easy. Historians must navigate by the documents available to them. Often, the best preserved information is financial. So inattentive writers tend to underestimate the contributions of women who achieved recognition from their peers while they were financially dependent on their families, like neurologist Cecilia Vogt or marine biologist Jeanne Villepreux-Power. But if even intellectual celebrities get forgotten, is it any wonder that we forget the women whose contributions are hard to assess for other reasons? Roles and titles evolve, and some jobs that appear mundane to us were not so back then. Once upon a time, “computers” were human, and often female; but these women weren’t drudges. Two recent biographical histories explore the careers of the women who made modern astronomy and space science possible. Theirs were not easy lives by today’s standards, but they were not without light and shade, rewards and recognition. “One calculator was a maid. She went on to discover 10 new stars and classify more than 10,000 stars” Dava Sobel’s The Glass Universe starts in Harvard College Observatory, where Edward Pickering was just 30 years old when he became director in 1877. He was fond of saying that “a magnifying glass will show more in the photograph than a powerful telescope will show in the sky”. It was an outlook that left a legacy of half a million photographic plates and some seminal discoveries. Sobel describes each of these slices as “a little piece of heaven”, 8 inches by 10 inches, which together constituted a universe captured on glass. Men might have taken the photographs, but it was a remarkable and talented group of “computers” who analysed and decoded the information they contained. Pickering, a champion of the new field of photometry, wanted to establish a stellar brightness scale based on observations of stars whose brightness varies over time. Two widowed heiresses, Catherine Wolfe Bruce and Anna Palmer Draper, provided the funds. Draper in particular wanted a catalogue of stellar spectra as a tribute to her husband, an accomplished stellar photographer. Initially, female relatives of male observatory workers were employed as computers, but soon recruits included graduates from the fledgling women’s colleges. One remarkable calculator came from far humbler origins, however: Williamina Fleming was a maid hired by Pickering’s wife. Fleming’s natural abilities were quickly recognised. She went on to discover 10 stars, some 300 stars with variable brightness, and to classify more than 10,000 stars using a system that she devised herself. In 1899, she was appointed Harvard’s curator of astronomical photographs. Two years later, Annie Jump Cannon became the first woman allowed to operate the telescopes at the observatory, and she developed the system of stellar classification that is still used today: O, B, A, F, G, K, M. Generations of students have learned to memorise the disorderly string of letters using the unfortunate phrase: “Oh, Be A Fine Girl, Kiss Me”. In 1912, Henrietta Swan Leavitt discovered a pattern in the brightness of a group of pulsing stars called the Cepheid variables. This was an integral part of Edwin Hubble’s discovery that the Milky Way wasn’t the only galaxy, and that the universe was expanding. Some members of the Royal Swedish Academy of Sciences wanted to nominate Leavitt for the 1926 Nobel prize only to discover that she had died in 1921. A Nobel prize really should have gone to English-born Cecilia Payne in 1925, for her discovery that hydrogen was the most abundant constituent of stars. It at least earned her the first PhD in astronomy that Harvard awarded to a woman, and in 1956 she was the first female to get a full professorship at the university. “Human computers no longer measured stars, but helped calculate the path to the moon” On 5 October 1957, the Soviet Union launched Sputnik, the world’s first orbital satellite. By then, computers no longer simply took the measure of the stars, but were mathematicians, helping to calculate the path to the moon. Margot Lee Shetterly’s father was a NASA scientist for 40 years and worked at the Langley Research Center in Virginia. He told his daughter stories of the black female computers who did calculations for engineers while segregated from their white colleagues. Young Shetterly “knew so many African Americans working in science, math and engineering that I thought that’s just what black folks did”. Hidden Figures tells their story. It’s an engaging read, and a film adaptation is already on general release in the US. Shetterly weaves together the personal and professional stories of a group of extraordinary women into an account of how they overcame race and gender barriers, while helping to win the space race. “Mississippiitis” looms large – a term coined by The Chicago Defender newspaper at the time to capture the “disease of segregation, violence and oppression that plagued America like a chronic bout of consumption” and which was, for some, the reason the country had fallen behind the Soviets. Shetterly celebrates the skills, achievements and tenacity of women like Dorothy Vaughan, Katherine Johnson and Mary Jackson as they helped launch rockets and humans into space. In 1953, Vaughan was at the National Advisory Committee for Aeronautics, the precursor of NASA, heading a department of black female computers. They were joined by Katherine Johnson, the woman who helped put John Glenn into orbit and mapped the trajectory for Apollo 11’s moon landing, among other firsts. There’s an easy moral here: that Neil Armstrong’s “giant leap for mankind” will only loom larger in our imaginations once we appreciate all the people – men and women – who got him there. The Glass Universe: The hidden history of the women who took the measure of the stars by Dava Sobel, 4th Estate Hidden Figures: The American dream and the untold story of the African-American women who helped win the space race by Margot Lee Shetterly, HarperCollins This article appeared in print under the headline “The women who figured a way to space”
News Article | February 16, 2017
ANDOVER, ME, February 16, 2017-- Angelo John Kaltsos has been included in Marquis Who's Who. As in all Marquis Who's Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and prominence in a field are all taken into account during the selection process.For more than five decades, Mr. Kaltsos has been excelling in the field of ethnology research in New Mexico. He demonstrates an expertise at the executive level with influences from his former experiences in education. Previously, Mr. Kaltsos came to prominence as the manager of Pampas, Inc., in Boston, electronic research technician for the Crosley division of Avco in Cincinnati, and clerk for the US Postal Service. Other noteworthy roles include educator for the Cambridge School Department and electronic research production technician at Raytheon Manufacturing Co. In recognition of his professional excellence, Mr. Kaltsos was the recipient of a Robert Sweeney award from Rindge Alumni Association and a Teacher of The Year Award. In addition, he was selected for inclusion into Who's Who in America, Who's Who in American Education, Who's Who in Science and Engineering, Who's Who in the East, and Who's Who in the World.To set a foundation of knowledge and continue developing his skillset, Mr. Kaltsos has taken his education very seriously over the years. From 1955 to 1957 he attended the Massachusetts Radio and TV School. Thereafter, he took coursework in Harvard College Extensions, Boston State College, the University of New Mexico and Fitchburg State College. An active member of his professional community, Mr. Kaltsos stays at the top of his field by taking on opportunities outside of his profession. He has served as an educational consultant for 5 P.I.E in Albuquerque, a lecturer of the Southwest Indian Culture organization in Boston and Cambridge, president and treasurer of Spartan Enterprises, and manager of Cambalache Restaurant. Additionally, he has published many books and articles, including "Southwest Indian," a non-fiction novel, "Music You Will Never Hear," a true crime book, "Unfurling Leaves of the Mind," a poetry collection, and "Too Good Cooking," a cookbook. As he looks to the future, Mr. Kaltsos intends to continue pursuing his ethnology research while taking on new writing projects and publishing more books.About Marquis Who's Who :Since 1899, when A. N. Marquis printed the First Edition of Who's Who in America , Marquis Who's Who has chronicled the lives of the most accomplished individuals and innovators from every significant field of endeavor, including politics, business, medicine, law, education, art, religion and entertainment. Today, Who's Who in America remains an essential biographical source for thousands of researchers, journalists, librarians and executive search firms around the world. Marquis now publishes many Who's Who titles, including Who's Who in America , Who's Who in the World , Who's Who in American Law , Who's Who in Medicine and Healthcare , Who's Who in Science and Engineering , and Who's Who in Asia . Marquis publications may be visited at the official Marquis Who's Who website at www.marquiswhoswho.com
News Article | February 15, 2017
BEDMINSTER, NJ--(Marketwired - Feb 13, 2017) - In anticipation of our continued growth, Peapack-Gladstone Financial Corporation (NASDAQ: PGC) and Peapack-Gladstone Bank (together, "Peapack-Gladstone Bank" or the "Bank") announce the elevation of Finn M. W. Caspersen, Jr. to the position of Senior Executive Vice President, Chief Strategic Officer and General Counsel. Finn joined the Bank in March 2004 as Senior Vice President and was promoted to General Counsel in May 2006. He was promoted again to Executive Vice President in January 2008 and was elected to the Board of Directors in April 2012. In March 2013 he was promoted to Senior Executive Vice President and Chief Operating Officer. Finn will continue to serve as Chief Operating Officer until the new Chief Operating Officer joins later this quarter. "As a key deputy since my arrival and as Chief Operating Officer over the past four years Finn has been integral to the Bank's restructuring and growth. As we continue to build out our business model I now need Finn to pivot away from day-to-day operations and spend more time with me on strategy," said Doug Kennedy, President and Chief Executive Officer of Peapack-Gladstone Bank. "Finn is a talented executive and this move will leverage his strengths to drive shareholder value." As Chief Strategic Officer and General Counsel, Finn will focus on strategic initiatives including entry into new business lines, pursuit of new revenue opportunities, mergers and acquisitions, and further enhancing the Bank's already excellent client service. In addition, Finn will have overall responsibility for Human Capital, Enterprise Risk Management and Compliance, Legal and Corporate Governance and Peapack Private, the Bank's new Private Banking initiative. Finn will continue as an active member of a number of Bank committees as well as the Bank's Board of Directors. Finn is a graduate of Harvard College and Harvard Law School and has served as trustee of Cardigan Mountain School, Pomfret School, the Somerset Hills YMCA, the Willowwood Arboretum and the New Jersey Chapter of the Nature Conservancy. Finn was a two-term elected member of the Bedminster Township Committee and has also served on the Bedminster Environmental Commission and the Bedminster Land Use Board. Finn is currently a member of the ABA's Government Relations Council Administrative Committee and the Somerset County Business Partnership's Board of Directors. Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $3.88 billion as of December 31, 2016. Founded in 1921, Peapack-Gladstone Bank is a commercial bank that provides innovative private banking services to businesses, real estate professionals, non-profits and consumers, which help them to establish, maintain and expand their legacy. Through its private banking locations in Bedminster, Morristown, Princeton and Teaneck, its private wealth management, commercial private banking, retail private banking and residential lending divisions, along with its online platforms, Peapack-Gladstone Bank offers an unparalleled commitment to client service.
News Article | March 1, 2017
SAN FRANCISCO, CA--(Marketwired - Mar 1, 2017) - Twilio Inc. ( : TWLO), the leading cloud communications platform company, today announced that former Salesforce COO George Hu has joined the company as its chief operating officer, reporting to CEO Jeff Lawson. Hu will be responsible for Twilio's overall operational execution and go-to-market activities. "George helped build Salesforce into the leading cloud SaaS and platform company, growing it to more than $5 billion in revenue during his tenure," said Jeff Lawson, Twilio co-founder, chairman and CEO. "I'm excited to have George's operational expertise and go-to-market skills helping us reach Twilio's next stage of growth." "I'm incredibly excited to join Jeff and the Twilio team in leading the transformation of communications in today's API-driven world," said Hu. "I see this as a massive opportunity that has the power to change how every company engages with its customers and employees, limited only by the imagination of developers and businesses in every industry and market globally." During his 13-year career at Salesforce, Hu served 4 years as chief operating officer where he owned all major shared operational functions for the company. He also served in a variety of other management roles including vice president of product marketing, senior vice president of applications, executive vice president of products, and chief marketing officer. After leaving Salesforce at the end of 2014, Hu founded a workplace feedback startup called Peer that was acquired by Twitter in 2016. Prior to joining salesforce.com, Hu held product management and strategic consulting roles at North Point Communications and Boston Consulting Group. He holds a bachelor's degree in economics from Harvard College and a master's degree in business administration from the Stanford Graduate School of Business. In 2010, Hu was named a Young Global Leader by the World Economic Forum. About Twilio Twilio's mission is to fuel the future of communications. Developers and businesses use Twilio to make communications relevant and contextual by embedding messaging, voice and video capabilities directly into their software applications. Founded in 2008, Twilio has over 700 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Madrid, Malmö (Sweden), Mountain View, Munich, New York City, Singapore, and Tallinn (Estonia).
News Article | February 15, 2017
The Milky Way’s supermassive black hole could be chewing up stars and spitting chunks back out at us. If so, planet-sized bits of stars may be shooting away from black holes and hurtling across the universe at incredible speeds, according to results presented at the meeting of the American Astronomical Society in Grapevine, Texas, this week. At the centre of the Milky Way lurks a supermassive black hole, Sagittarius A*. Once in about every 10,000 years, a star passes close enough to get caught by the black hole and spaghettified – stretched into a thin noodle by the powerful gravitational field. That stretched-out matter does not end up exactly uniform, so clumps the size of planets coalesce under their own gravity. Those “planets”, with masses ranging from around that of Neptune to several times that of Jupiter, are then flung away from the central black hole at speeds up to 10,000 kilometres per second, simulations by James Guillochon at the Harvard-Smithsonian Center for Astrophysics and Eden Girma at Harvard College suggest. This should happen relatively often – by their calculations, one out of every thousand free-floating planet-sized bodies should be formed in this way. The closest one to Earth could be a few hundred light years away, and could have arrived from 50 million light years away. “Usually, from something that far away, we’re only getting light or maybe high-energy particles,” says Guillochon. “This is a way to transport entire worlds from one corner of the universe to the other.” These chunks of spaghettified stars will have a distinctive composition: each one will be a sample of a different part of its parent star. It’s like dicing a tomato, says Guillochon – some chunks will be all peel and some will be all seeds. Such objects are nearly impossible to detect visually because of their faintness and speed, and no one has seen one so far. We could hunt them down based on how their gravity bends the light of stars behind them, but it will be years before that is possible. Plus, there are several other ways to accelerate similar objects to high speeds, says Avi Loeb, also at the Harvard-Smithsonian Center for Astrophysics although not involved in this research. But, Loeb says, this is still exciting work. “It provides us with the possibility of detecting a whole new population of objects that were otherwise unexpected.”