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LONDON--(BUSINESS WIRE)--MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), announced that its annual GRC Summit will kick off on June 14th, 2023 in Miami. The two-day event will bring together the most influential gathering of global governance, enterprise risk, operational risk, regulatory compliance, internal audit, third-party risk, IT & cyber risk and compliance, and ESG professionals. Join 400+ of your peers and GRC industry experts at the GRC Summit to share insights, exchange best practices, and discuss what's next in GRC. After concluding a successful GRC Summit in London in November 2022, the Summit is now returning to the US with an in-person event with the theme Experience the Power of Connection. Over 60 industry experts will be participating in panel discussions, expert talks, customer case studies, interactive sessions, and workshops covering trends and best practices across enterprise and operational risk, third-party risk, regulatory compliance, audit, cyber risk, and compliance and ESG. “The current financial crises, business climate, cyber security threats, and potential regulatory changes demand organizations to look at a proactive and connected approach to governance risk and compliance,” said Gaurav Kapoor, Co-CEO and Co-Founder MetricStream. “During the summit, senior risk compliance, security, and audit executives from global organizations across industries, regulatory bodies, advisory firms, and analysts will discuss their experiences on how they are balancing opportunity and resilience through a connected GRC strategy and execution in these challenging times.” The GRC Summit 2023 agenda is already live. The two-day event will feature prominent speakers including: Rob Foster, Chief Information Officer, National Credit Union Administration, US Eileen Fahey, Chief Risk Officer, Fitch Group Kellie Bickenbach, Head of Operational Risk Management, Silicon Valley Bank David Storey, Vice President - Health, Safety & Environment, dnata Rodney Campbell, Senior Vice President and Head of Third-Party Risk Management, Valley National Bank Hemma Lomax, VP, Compliance, Zendesk Gavin Grounds, Sr. Director Security, Risk and Compliance, Meta Jonathan Ruf, FVP, Information Security Risk Management, Apple Bank Christopher Geiger, Vice President of Internal Audit and Enterprise Risk, Lockheed Martin Amber Gravius, Director and Chief Data Officer, National Credit Union Administration, US Grace Beason, Director of Governance, Risk and Compliance, Guidewire Software Tice Morgan, Sr. Manager, Governance and Compliance, American Fidelity Assurance Alla Valente, Senior Analyst, Forrester Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Key topics also include thriving on interconnected risks, strategies to manage emerging global regulations, new SEC cybersecurity rules, cyber risk quantification, AI, and Automation in GRC, 2023 GRC trends, and real-world case studies from customers that have successfully modernized and transformed their risk journeys. MetricStream will also be showcasing its latest Connected GRC product release – Euphrates and multiple product sessions covering the latest innovations. Register now to Experience the Power of Connection on June 14 and 15th at the Hyatt Regency, Miami. About MetricStream, Inc. MetricStream is the global SaaS leader of Integrated Risk Management and GRC solutions that empower organizations to thrive on risk by accelerating growth via risk-aware decisions. We connect governance, risk management and compliance across the extended enterprise. Our Connected GRC and three product lines – BusinessGRC, CyberGRC, and ESGRC – are based on a single, scalable platform that supports you wherever you are on your GRC journey. MetricStream is headquartered in San Jose, California, with an operations and R&D center in Bangalore, India, and sales and operations support around the globe. More information is available at www.metricstream.com, LinkedIn, Facebook and Twitter.
SAN JOSE, Calif.--(BUSINESS WIRE)--MetricStream, the global market leader in integrated risk management (IRM) and governance, risk, and compliance (GRC), announced that its annual GRC Summit will kick off on June 14th, 2023 in Miami. The two-day event will bring together the most influential gathering of global governance, enterprise risk, operational risk, regulatory compliance, internal audit, third-party risk, IT & cyber risk and compliance, and ESG professionals. Join 400+ of your peers and GRC industry experts at the GRC Summit to share insights, exchange best practices, and discuss what's next in GRC. After concluding a successful GRC Summit in London in November 2022, the Summit is now returning to the US with an in-person event with the theme Experience the Power of Connection. Over 60 industry experts will be participating in panel discussions, expert talks, customer case studies, interactive sessions, and workshops covering trends and best practices across enterprise and operational risk, third-party risk, regulatory compliance, audit, cyber risk, and compliance and ESG. “The current financial crises, business climate, cyber security threats, and potential regulatory changes demand organizations to look at a proactive and connected approach to governance risk and compliance,” said Gaurav Kapoor, Co-CEO and Co-Founder, MetricStream. “During the summit, senior risk compliance, security, and audit executives from global organizations across industries, regulatory bodies, advisory firms, and analysts will discuss their experiences on how they are balancing opportunity and resilience through a connected GRC strategy and execution in these challenging times.” The GRC Summit 2023 agenda is already live. The two-day event will feature prominent speakers including: Rob Foster, Chief Information Officer, National Credit Union Administration, US Eileen Fahey, Chief Risk Officer, Fitch Group Kellie Bickenbach, Head of Operational Risk Management, Silicon Valley Bank David Storey, Vice President - Health, Safety & Environment, dnata Rodney Campbell, Senior Vice President and Head of Third-Party Risk Management, Valley National Bank Hemma Lomax, VP, Compliance, Zendesk Gavin Grounds, Sr. Director Security, Risk and Compliance, Meta Jonathan Ruf, FVP, Information Security Risk Management, Apple Bank Christopher Geiger, Vice President of Internal Audit and Enterprise Risk, Lockheed Martin Amber Gravius, Director and Chief Data Officer, National Credit Union Administration, US Grace Beason, Director of Governance, Risk and Compliance, Guidewire Software Tice Morgan, Sr. Manager, Governance and Compliance, American Fidelity Assurance Alla Valente, Senior Analyst, Forrester Michael Rasmussen, GRC Analyst & Pundit, GRC 20/20 Key topics also include thriving on interconnected risks, strategies to manage emerging global regulations, new SEC cybersecurity rules, cyber risk quantification, AI, and Automation in GRC, 2023 GRC trends, and real-world case studies from customers that have successfully modernized and transformed their risk journeys. MetricStream will also be showcasing its latest Connected GRC product release – Euphrates and multiple product sessions covering the latest innovations. Register now to Experience the Power of Connection on June 14 and 15th at the Hyatt Regency, Miami. About MetricStream, Inc. MetricStream is the global SaaS leader of Integrated Risk Management and GRC solutions that empower organizations to thrive on risk by accelerating growth via risk-aware decisions. We connect governance, risk management and compliance across the extended enterprise. Our Connected GRC and three product lines – BusinessGRC, CyberGRC, and ESGRC – are based on a single, scalable platform that supports you wherever you are on your GRC journey. MetricStream is headquartered in San Jose, California, with an operations and R&D center in Bangalore, India, and sales and operations support around the globe. More information is available at www.metricstream.com, LinkedIn, Facebook and Twitter.
BOSTON--(BUSINESS WIRE)--SDC is proud to announce SDC Insights™, the first of multiple new technology solutions that will provide clients with better access to their data during and after clinical trials. The data visualization tools, which help clients quickly see visual breakdowns of their projects, launched last month. Here are a few key components of the new products: Data Warehousing Services: Allows clients to securely store data and leverage other SDC offerings with the company’s data warehouse. Additionally, clients can access their data directly and build their own cross study reports, such as cross study site reporting, that our underlying data model will accelerate development time while streamlining the submission process. Data Visualization Tools: Clients with complex reporting needs can leverage SDC’s data visualization to access universal dashboards from different data sources all in one place. The platform creates a single integrated source for data review, allowing clients to monitor risks and address performance trends across all platforms in a centralized location. Clients have the capability to upload data from other sources being utilized. “In our 16th year as a biometrics-based CRO, SDC is excited to be expanding its global footprint working across all sizes of pharmaceutical, biotech and medical device studies,” says Faith Kolb, Chief Operating Officer. “SDC’s data visualization tool creates a single source of truth across studies, saving time and optimizing next steps. The launch of this technology offering will soon be followed by other industry leading advancements developed by our dedicated team and will continue to ensure we are assisting our clients in treating patients around the world.” Contact SDC today to schedule an overview on how SDC Insights™ will help you streamline your clinical trials. About SDC: Statistics & Data Corporation (SDC) is a specialized data service and strategic scientific contract research organization (CRO) that has been providing solutions for pharmaceutical, biotech, and medical device/diagnostic research trials since 2005. SDC delivers top-tier clinical trial services and technologies to pharmaceutical, biologic, and medical device/diagnostic companies since 2005. We are committed to providing experienced teams who will take ownership of your needs and are positively engaged in your projects. With strategic consulting, biometric services (biostatistics, data management) and technology solutions (EDC, IRT/RTSM, eSource, data analytics/warehousing) expertise at our core, our services are scalable to provide seamless full service clinical trial solutions. SDC Insights trademark pending. Twitter LinkedIn For media inquiries please contact Emma Lomax-Cohen at elomaxcohen@sdcclinical.com
BOSTON--(BUSINESS WIRE)--As part of its long-standing commitment to financial education and inclusion, Fidelity Investments today announced a $250 million commitment that will provide access to education and support for up to 50,000 Black, Latinx, and historically underserved students through the launch of its Invest in My Education (ME)SM program. The social impact initiative is the latest step in Fidelity’s ongoing commitment to historically underserved communities. In tandem, the firm is continuing to take deliberate steps to strengthen its commitment to diversity and inclusion at every level within its own organization and maintaining its focus on delivering relevant products and services to its increasingly diverse customers. Invest in My Education (ME) will build upon Fidelity’s culture of associate volunteerism and focus on financial wellbeing, bringing together scholarships, mentoring, student success and education expertise, as well as experienced nonprofit partners to improve the long-term outcomes of thousands of Black, Latinx, and underserved students. The success of the initiative will be measured through students’ college completion rates, their capacity to graduate without student debt, and their ability to secure good-paying jobs that facilitate greater economic mobility and financially firm futures. Informed by data and research, Invest in My Education (ME) focuses on a critical period in a student’s journey that is susceptible to disruption: post-secondary education and training. Only 21% of Black and 32% of Latinx students who start college graduate within four years, compared to 45% of white studentsi. This disruption has long-term financial implications: the median earnings of people with a bachelor’s degree were 63% larger than the earnings of those whose highest educational level was the completion of high schoolii. Associate degrees are also linked to greater earnings, providing a 20% boost over the median earnings of those with a high school educationiii. Invest in My Education (ME) is designed as a long-term, personalized approach to improve post-graduation outcomes for Black, Latinx, and other historically underserved students, supporting the opportunity for economic mobility and a foundation to build a path toward generational wealth. The program, built alongside its nonprofit partners, will consist of three key components including: “Invest in My Education upholds Fidelity’s most fundamental value — to empower individuals to strengthen and secure their financial futures,” said Pamela Everhart, Head of Regional Public Affairs and Community Relations, Fidelity Investments. “By taking a unique, long-term and holistic approach, Invest in My Education has the potential to support economic mobility for up to 50,000 students over the next five years—and that is really just the beginning.” To inform the work and connect resources with the students and communities most in need, Fidelity has engaged several strategic partners including UNCF. “UNCF’s North Star is to increase the total annual number of underrepresented graduates by focusing on activities that ensure more students are college-ready, enroll in college and persist to graduation,” said Dr. Michael Lomax, president and CEO at UNCF. “The combination of our community knowledge and Fidelity’s expertise in financial wellness will make a significant impact on the lives of these students.” In alignment with its “scan, try, scale” approach to innovation, Fidelity will first launch the program in three regions where it has significant associate presence in order to leverage the skills and expertise afforded through its associate base in financial literacy training and mentoring: Boston, MA, Raleigh/Durham, NC, and Dallas/Fort Worth, TX. Fidelity has long invested in the financial health of communities, including increasing access to financial education. In 2021, Fidelity launched Fidelity Financial ForwardSM, a free financial education resource for parents, teachers, and K-12 students. Fidelity is working to increase access to financial tools for children, teachers, and parents through financial education workshops with the NAACP, 100 Black Men, Black Girls Code, the Association of Latino Professionals for America (ALPFA), and others dedicated to removing barriers to economic opportunity. Fidelity is a member of the “Take on Race” coalition, which helped put one million electronic devices with reliable connectivity and tech support in the hands of students of color in the midst of the COVID-19 pandemic. Fidelity is also taking deliberate steps to strengthen its commitment to diversity and inclusion at every level within its own organization and for the products and services it offers. Led by its nonprofit partners, Invest in My Education (ME) will identify the first cohort of students for the Fidelity Scholars program in the summer of 2023. Interested students can apply for the Invest in My Education (ME) program through UNCF beginning in March 2023. Learn more about Invest in My Education (ME) here. About Fidelity Investments Fidelity’s mission is to inspire better futures and deliver better outcomes for the customers and businesses we serve. With assets under administration of $10.6 trillion, including discretionary assets of $4.0 trillion as of November 30, 2022, we focus on meeting the unique needs of a diverse set of customers. Privately held for over 75 years, Fidelity employs more than 60,000 associates who are focused on the long-term success of our customers. For more information about Fidelity Investments, visit https://www.fidelity.com/about-fidelity/our-company. Follow us on Twitter @FidelityNews Visit About Fidelity and our online newsroom Fidelity Brokerage Services LLC, Member NYSE, SIPC 900 Salem Street, Smithfield, RI 02917 The third parties mentioned herein and Fidelity Investments are independent entities and are not legally affiliated About UNCF UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, supports and strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. While totaling only 3% of all colleges and universities, UNCF institutions and other historically Black colleges and universities are highly effective, awarding 15% of bachelor’s degrees, 5% of master’s degrees, 10% of doctoral degrees and 19% of all STEM degrees earned by Black students in higher education. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized trademark, ‟A mind is a terrible thing to waste.”® Learn more at UNCF.org or for continuous updates and news, follow UNCF on Twitter at @UNCF. 1065732.1.0 © 2023 FMR LLC. All rights reserved. ________________________ i Source: National Center for Education, Report on the Postsecondary Graduation Rates 2019 ii Source: National Center for Education, Report on the Condition of Education 2022 iii Source: National Center for Education, Report on the Condition of Education 2022
MINNEAPOLIS--(BUSINESS WIRE)--General Mills and UNCF’s 33rd annual Dr. Martin Luther King Jr. Holiday Breakfast will return in-person for the first time since 2020 with a corresponding virtual program. Former senior advisor to U.S. President Barack Obama, businesswoman and best-selling author Valerie Jarrett will share keynote remarks followed by a moderated conversation. The hybrid event will be held at the Minneapolis Convention Center on Jan. 16, 2023, from 8 a.m. to 9:30 a.m. CST. Tickets are available at MLKBreakfast.com. Organized by General Mills and United Negro College Fund (UNCF), the Minneapolis event is one of the nation’s largest celebrations of Martin Luther King Jr.’s life and legacy and raises funds to help under-represented students in the Twin Cities successfully graduate from college. This year’s event theme is “Keep Moving Forward,” inspired by Dr. King’s leadership and lessons applied to the pressing social issues of today. “Each year, this event gives us the opportunity to come together to reflect on the lasting legacy of Dr. King and how we can continue to advance the causes he fought for in our own communities,” said Mary Jane Melendez, Chief Sustainability and Global Impact Officer at General Mills. “We remain steadfast in our commitment to creating a world that reflects Dr. King’s dream and to advancing a culture of equity, inclusion and belonging.” General Mills and UNCF have a shared, long-standing commitment to addressing the need for deep, lasting changes to the systemic inequity faced by BIPOC communities. In honor of Dr. King, a 1948 graduate of Morehouse College, a historically Black college, proceeds from the event benefit UNCF Twin Cities’ MLK Legacy Scholarship, which supports local students of color to attend colleges and member Historically Black Colleges and Universities (HBCU). Through this partnership, General Mills has provided nearly $7 million to support more than 400 programs and 37 academic institutions supported by UNCF. “The legacy and words of Dr. King continue to inspire our advocacy for the importance of minority education and community engagement,” said Dr. Michael L. Lomax, president and CEO of UNCF. “We are grateful to work in partnership with General Mills to bring our community together each year and build up the essential support and awareness for our students and HBCUs.” The annual holiday breakfast and support of UNCF remains a priority for General Mills as part of its enterprise-wide “G Stands for Good” purpose platform, which is rooted in two foundational pillars – planet and people – and guides the company’s goal of creating meaningful change, building a culture of belonging and taking action on issues of racial and social justice within our communities. Community Engagement Opportunities The MLK Holiday Breakfast in Minneapolis continues to inspire change in the world and honor those individuals whose footprints uplift the community. Following the breakfast, members of the Twin Cities community can engage through a variety of learning and volunteer opportunities organized by Hands on Twin Cities. Learn more at https://www.handsontwincities.org/mlkday2023. About Valerie Jarrett Valerie Jarrett is Chief Executive Officer and a member of the board of directors of the Barack Obama Foundation. She is also a Senior Distinguished Fellow at The University of Chicago Law School and serves as Board Chairman of Civic Nation and Co-Chair of The United State of Women. Ms. Jarrett was the Senior Advisor to President Barack Obama from 2009-2017, making her the longest serving senior advisor to a president in history. She oversaw the Offices of Public Engagement and Intergovernmental Affairs and Chaired the White House Council on Women and Girls. She is the author of the New York Times bestselling book Finding My Voice: My Journey to the West Wing and the Path Forward, published in April 2019. Entertainment at the 2023 MLK Breakfast Entertainment will be provided by Minnesota’s four-sibling family band, NUNNABOVE. The group describes their sound as “positive alternative pop,” and appeared on America’s Got Talent in 2018. The group has since performed at Summerfest, the largest outdoor venue in the country and the Minnesota State Fair. The event will also feature Minneapolis-based TKO Drumline, a dynamic musical group made up of young people from the north metro and north Minneapolis. The group was founded in 2010 by Byron Hawkins to teach drumming techniques and rudiments to young people ages 8-18. Since then, the group has performed on stages as small as the Minnesota State Fair and as large as the Super Bowl. Event History The annual holiday breakfast began when UNCF and General Mills joined together in 1991 to host a community celebration to honor the legacy of Dr. Martin Luther King, Jr. Past speakers include Dr. Bernice King, Ambassador Andrew Young, the Honorable Eric H. Holder, CNN’s Laura Coates and Don Lemon, former Secretary of State Gen. Colin Powell, actor David Oyelowo, New Jersey Sen. Cory Booker, Rev. Joseph Lowery, the late Yolanda King, U.S. Rep. John Lewis, Marian Wright Edelman, Donna Brazile, Vernon Jordan and former Massachusetts Gov. Deval Patrick. This event is made possible by co-hosts General Mills and UNCF, and presenting sponsor Best Buy. Additional support has been generously provided by 3M, Ameriprise, Andersen Corporation, BI Worldwide, Cargill, Carlson Family Foundation, CHS, Delta Dental of Minnesota, Ecolab, Medtronic, Medtronic Foundation, Minnesota Timberwolves & Lynx, North Memorial, Pentair, Sleep Number, Star Tribune, Target, Thrivent, United Health Group, Wells Fargo, and Xcel Energy. Tickets To purchase tickets for the hybrid event or for more information, visit MLKBreakfast.com. All proceeds from ticket sales and sponsorships will be dedicated to UNCF Twin Cities student scholarships. For the first time, both in-person and virtual tickets will be available to better accommodate the participation preferences of all attendees. The live and virtual events also strive to provide accessible experiences for all and will include an ASL interpreter and closed-caption translations in four languages, respectively. G Stands for Good General Mills stands for good – for the people we serve, the brands you love and the planet we depend on. For more than 150 years, General Mills has believed doing good and good business go hand-in-hand. The company is putting people first by improving food security and advancing a culture of inclusion, equity and belonging, and by creating positive planetary outcomes through actions beyond its walls. Learn more at GeneralMills.com/gstandsforgood. About General Mills General Mills makes food the world loves. The company is guided by its Accelerate strategy to drive shareholder value by boldly building its brands, relentlessly innovating, unleashing its scale and standing for good. Its portfolio of beloved brands includes household names such as Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Annie’s, Wanchai Ferry, Yoki and more. Headquartered in Minneapolis, Minnesota, USA, General Mills generated fiscal 2022 net sales of U.S. $19.0 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled U.S. $1.1 billion. About UNCF UNCF (United Negro College Fund) is the nation’s largest and most effective minority education organization. To serve youth, the community and the nation, UNCF supports students’ education and development through scholarships and other programs, supports and strengthens its 37 member colleges and universities, and advocates for the importance of minority education and college readiness. While totaling only 3% of all colleges and universities, UNCF institutions and other historically Black colleges and universities are highly effective, awarding 13% of bachelor’s degrees, 5% of master’s degrees, 10% of doctoral degrees and 24% of all STEM degrees earned by Black students in higher education. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 1,100 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized trademark, ‟A mind is a terrible thing to waste.”® Learn more at UNCF.org or for continuous updates and news, follow UNCF on Twitter at @UNCF.
NEW YORK--(BUSINESS WIRE)--Award-winning marketing communications agency Taylor is redefining its vision as a purpose-driven firm with the launch of “Shapers of Possibility.” The agency’s evolved focus is rooted in creating platforms, experiences and moments that open the door to meaningful consumer engagements. With this transformation, Taylor’s business capabilities have also expanded, building on its heritage in public relations and deep sports & entertainment expertise, to fuel breakthrough creativity across the entire media ecosystem, incorporating integrated strategy, creative and production services. “This is a new chapter in a story that spans 40 years,” said Maeve Hagen, President of Taylor. “In the last 20 years alone, Taylor has been on a remarkable journey defined by two distinct transformations, the first of which was heralded in the landmark Harvard case study, “Transformation at Taylor.” Now, it’s time to come together to shape our possibilities for the future, with our individual and collective purpose as the guide.” Accompanying the agency’s deep bench of public relations professionals, the firm has rounded out its strategy and creative practices with a diverse group of strategists, data analysts, copywriters, art directors, designers and production specialists bringing new energy to the work, leading to breakthrough projects. Across the collective expertise at Taylor, the team holds traditional, digital, social, experiential, and PR experience as well as multicultural, multi-lingual, and global communications expertise in over a dozen marketing related disciplines. Since the rollout of the agency’s expanded capabilities over the past couple of years, Taylor has added several marquee clients to the roster including AIG, Red Bull and World Athletics, while strengthening decades-long relationships with global powerhouse companies like Diageo, Capital One and P&G. Examples of recent integrated work, which span various marketing disciplines and key cultural moments, include: AIG Women’s Open 2022 global TVC and digital spots, elevating the brand’s commitment towards gender equity through allyship of women’s golf Capital One - Resilience Reimagined, demonstrating impact through extraordinary community partner stories during the COVID-19 pandemic Crown Royal 18’s extra rare Grillz collaboration with Scotty ATL benefiting the Atlanta Artist Relief Fund P&G’s Secret ‘See Me’ and ‘Watch Me’ campaigns empowering female athletes and giving them the spotlight they deserve Smirnoff’s No Fan Left Behind program bringing vodka to every fan of Super Bowl LVI In addition to the agency’s rewarding client work, Taylor has a long history of building pathways to accessible education and creating opportunities for underrepresented communities. “For 17 years and counting, Taylor has been a committed UNCF partner under the dedicated leadership of CEO, Tony Signore,” said Dr. Michael L. Lomax, President and CEO, UNCF. “They lead by example, providing grants, scholarships and internships to support students attending historically black colleges and universities. We are proud of our partnership with Taylor.” Current pro-bono partnerships include the Boris Lawrence Henson Foundation, Hispanic Star, Harlem Junior Tennis & Education Program and March of Dimes. To learn more about Taylor, including our work and capabilities visit taylorstrategy.com. To stay up-to-date on the latest happenings follow Taylor on LinkedIn and Instagram. About Taylor Taylor is a purpose-led marketing communications agency that has shaped possibilities for the world's leading brands for four decades. Our heritage in public relations and deep sports & entertainment expertise fuels breakthrough creativity across the entire media ecosystem. O’Dwyer’s has named the agency the #1 Ranked Sports & Entertainment PR Agency every year for two decades. Taylor combines impactful insights, intentional strategy, imaginative creative, and influential engagement to help brands lean into the edge of their purpose. For more information on how we are “Shapers of Possibility,” visit www.taylorstrategy.com.
NEW YORK--(BUSINESS WIRE)--Senior marketers from Anheuser-Busch, T-Mobile, Pernod-Ricard, Comcast and Digitas are the latest additions to an exceptional roster of speakers and participants at the Portada Live Marketing Conference in New York on September 29, 2022. Portada also announced the Portada Live marketing conferences dates and locations for 2023: Mexico City on April 13, 2023 and New York City on September 28, 2023. Both conferences will also have an important virtual format including 1:1 meetings between brand marketers and service providers. The Portada Live conference program is designed to maximize peer-to-peer learning and fruitful interactions in a comfortable setting: Agenda Portada Live New York City, September 29 11:15 am Registration and Welcome Mixer presented by MyCode 11:55 am Welcome and overview of Portada Live New York MC: Marcos Baer, president, Portada 12:00 pm Knowledge-Sharing Session: Best Practices in In-Culture Marketing Moderator: Seraj Bharwani, Chief Strategy Officer, AcuityAds Speakers: Daneyni Sanguinetti, Director, Culture & Inclusive Marketing at Pernod Ricard, Nicole Preston, General Manager, Latino Center of Excellence, DISH Network 12:30 pm Engaging the Evolving Hispanic Consumer Speakers: Diego Osuna, Sr. Manager Integrated Marketing Strategy, T-Mobile and Guillermo Pérez, Chief Creative Officer and Brand Strategist, Digo 13:00 VIP Lunch 14:00 Understanding the Streaming Explosion: Optimization Paths for Advertisers Moderator: Alejandro Fosk, Senior VP, ComsCore Latin America Speakers: Manuel Medina Riveroll, Sr. Marketing Director, Hisense Mexico, Jonathan Scarpetta, Media Director, PepsiCo Mexico Foods 14:30 Anheuser-Busch's Vision for the Multicultural Consumer Moderator: Lora Feinman, SVP Sales, Seedtag Speakers: Mariana Lever, Sr. Director, Commercial Strategy and Planning, Anheuser-Busch and Alexander Monroy, Sr. Brand Director, Estrella Jalisco at Anheuser-Busch 15:05 Concurrent Workshops 1: DtoC or not to DtoC in 2023. That is the question. Leaders: Christina Caruso Nevoso, Senior Brand Manager, Bayer and tba 2: How Brands Best Can Capitalize on the Power of Video and Social Leader: Danisha Lomax, SVP, Head of Media & National Paid Social Lead, Digitas North America 3: How to Best Drive Audience Strategy in Multicultural America Leader: Alejandro Solorio, Audience Strategy & Planning Director, Comcast 4: Fine-tuning Your Influencer Marketing for Different Cultures and Geographies Leader: Jose Nicolas Velez, Global Marketing Director, Smirnoff at Diageo 5. Purpose-driven Marketing: Supporting Diversity Serving Media Partners Leader: Arnetta Whiteside, SVP Inclusive Media Research & Strategy, Publicis Media 16:30 Happy Hour presented by Canela Media 17:30 Adjournment A complementary virtual format will enhance content and networking opportunities (1:1 meetings) with brand marketers from all over the Americas attending the event virtually. Partners of Portada Live September 29 include: Canela Media Comscore Digo El Tiempo Latino Illumin MyCode Sabio Seedtag Content of the Portada Live 2023 marketing conferences will be driven by brand marketers belonging to the Portada network who represent the most dynamic sectors of the U.S. and Latin American economies. Qualifying client-side brand marketers, please reach out to Brand Relationship Manager Celeste Martorana at celeste@portada-online.com. Marketing service suppliers, including media companies and agencies, who want to find out about thought leadership and business development opportunities, please contact Marcos Baer at marcos@portada-online.com.
NEW YORK--(BUSINESS WIRE)--PVH Corp. [NYSE: PVH] is today holding its 2022 Investor Day to introduce the PVH+ Plan, its multi-year, strategic growth plan, provide an overview of the opportunities to fully leverage the strength of its two iconic global brands in all regions, and share how this plan will achieve the Company’s financial objectives. Stefan Larsson, Chief Executive Officer, commented, “Having successfully driven an accelerated recovery and generated record earnings per share in 2021, our priority now is to connect with the consumer in ways that reflect the formula to win in the ‘new normal’ and create long-term value. The execution of the PVH+ Plan will accelerate the growth of Calvin Klein and TOMMY HILFIGER, two of the most iconic brands in the world, by unlocking their full potential across each of our regions.” PVH+ Plan The PVH+ Plan is the Company’s strategy to accelerate growth by building on the core strengths of PVH and connect Calvin Klein and TOMMY HILFIGER – each with high global brand awareness and deep loyalty – closer to the consumer than ever before through five key drivers: Win with product – PVH will develop the best hero products in the market across key growth categories, with a focus on expanding in large and growing global demand spaces where the Company’s iconic brands resonate most with consumers. Win with consumer engagement – By driving digital-first, 360-degree consumer engagement built around brand, hero products and key consumer moments, partnering with the best creators in the industry, and building out each brand’s ambassador program, Calvin Klein and Tommy Hilfiger will meet consumers on their terms in new and engaging ways. Win in the digitally-led marketplace – The consumer of today shops digitally first and expects seamless integration of their physical and digital experiences. PVH is accelerating digital growth by building a holistic distribution strategy for Calvin Klein and TOMMY HILFIGER, led by digital and direct-to-consumer channels, and supported by key wholesale partnerships. Develop a demand- and data-driven operating model – PVH is developing a demand- and data-driven operating model, starting with a systematic and repeatable product creation model that puts the consumer first and leverages data to bring new and fresh products to market with speed and agility. Drive efficiencies and invest in growth – A key driver of the PVH+ Plan will be the relentless focus on driving efficiencies to become more cost-competitive and reinvest in key strategic growth drivers. PVH is simplifying how its teams work and identifying efficiencies to fuel initiatives with the greatest positive impact and strongest return. These five foundational drivers apply to each of PVH’s businesses and are activated in the regions to reflect consumer differences and their unique expectations. Leveraging the full power of Calvin Klein and TOMMY HILFIGER, PVH is building on its market-leading strength in Europe, accelerating from strength in Asia Pacific, and unlocking the full potential of the strength of its brands in the Americas. Zac Coughlin, Chief Financial Officer said: “Our new, multi-year strategic growth plan leverages the global strength of our brands and reflects the compelling opportunities we see across our channels and geographies. While investing to fully capitalize on the global, digital and DTC-focused potential of our plan, we will also drive efficiencies that together will accelerate earnings growth and deliver strong and sustainable shareholder returns.” Financial Objectives The execution of the PVH+ Plan is expected to achieve the following financial objectives: Revenue: High single-digit compounded annual growth (“CAGR”) from 2021 to approximately $12.5 billion in 2025. The key drivers of revenue growth across brand, region and channel include: Balanced growth from Calvin Klein and TOMMY HILFIGER globally High single-digit CAGR in Europe and the Americas; mid-teens CAGR in Asia Pacific 20%+ CAGR in digital channels Direct-to-consumer brick & mortar outpacing wholesale brick & mortar Balanced growth from Calvin Klein and TOMMY HILFIGER globally High single-digit CAGR in Europe and the Americas; mid-teens CAGR in Asia Pacific 20%+ CAGR in digital channels Direct-to-consumer brick & mortar outpacing wholesale brick & mortar Operating margin: Expected to expand to approximately 15% in 2025 Free cash flow: Expected to be over $1.0 billion in 2025 2022 Outlook The Company reaffirms its first quarter and full year 2022 outlook previously announced on March 29, 2022. Stock Repurchase Program On April 11, 2022, the Board of Directors, through its Executive Committee, approved a $1.0 billion increase to the Company’s stock repurchase authorization and extended it three years to June 2026. Non-GAAP Amounts This release refers to free cash flow, which is defined as cash flow from operations less capital expenditures and dividends. Investor Day Webcast A live video webcast of the event, along with accompanying slides, will be streamed simultaneously starting at 8:30 a.m. EDT. A link to the event and the slides is available on the Company’s website, www.PVH.com, under the Investors section. A replay of the webcast will be available starting shortly after the event on the PVH website. Presenters include Stefan Larsson, Chief Executive Officer; Zac Coughlin, Chief Financial Officer; Tom Chu, Regional President, PVH Asia Pacific; Trish Donnelly, Chief Executive Officer, PVH Americas & Calvin Klein Global; Martijn Hagman, Chief Executive Officer, PVH Europe & Tommy Hilfiger Global; Avery Baker, President and Chief Brand Officer, Tommy Hilfiger Global; and Jessica Lomax, Executive Vice President, Global Head of Design of Calvin Klein. SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements in this press release and made during the Investor Day presentations, including, without limitation, statements relating to the Company’s future revenue, earnings, plans, strategies, objectives, expectations and intentions are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated, including, without limitation, (i) the Company’s plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company’s ability to realize anticipated benefits and savings from divestitures, restructurings and similar plans, such as the workforce reductions in North America and certain international markets, the reductions in its office and store real estate footprint, and the Company’s sale of certain intellectual property and other assets of, and exiting from, its Heritage Brands business to focus on its Calvin Klein and Tommy Hilfiger businesses, all as previously announced; (iii) the Company may be considered to be highly leveraged and uses a significant portion of its cash flows to service its indebtedness, as a result of which the Company might not have sufficient funds to operate its businesses in the manner it intends or has operated in the past; (iv) the levels of sales of the Company’s apparel, footwear and related products, both to its wholesale customers and in its retail stores and its directly operated digital commerce sites, the levels of sales of the Company’s licensees at wholesale and retail, and the extent of discounts and promotional pricing in which the Company and its licensees and other business partners are required to engage, all of which can be affected by weather conditions, changes in the economy (including inflationary pressures like those currently being seen globally), fuel prices, reductions in travel, fashion trends, consolidations, repositionings and bankruptcies in the retail industries, repositionings of brands by the Company’s licensors, consumer sentiment and other factors; (v) the Company’s ability to manage its growth and inventory; (vi) quota restrictions, the imposition of safeguard controls and the imposition of new or increased duties or tariffs on goods from the countries where the Company or its licensees produce goods under its trademarks, any of which, among other things, could limit the ability to produce products in cost-effective countries, or in countries that have the labor and technical expertise needed, or require the Company to absorb costs or try to pass costs onto consumers, which could materially impact the Company’s revenue and profitability; (vii) the availability and cost of raw materials; (viii) the Company’s ability to adjust timely to changes in trade regulations and the migration and development of manufacturers (which can affect where the Company’s products can best be produced); (ix) the regulation or prohibition of the transaction of business with specific individuals or entities and their affiliates or goods manufactured in (or containing raw materials or components from) certain regions, such as the listing of a person or entity as a Specially Designated National or Blocked Person by the U.S. Department of the Treasury’s Office of Foreign Assets Control and the issuance of Withhold Release Orders by the U.S. Customs and Border Patrol; (x) changes in available factory and shipping capacity, wage and shipping cost escalation, and store closures in any of the countries where the Company’s or its licensees’ or wholesale customers’ or other business partners’ stores are located or products are sold or produced or are planned to be sold or produced, as a result of civil conflict, war or terrorist acts, the threat of any of the foregoing, or political or labor instability, such as the current war in Ukraine that has led to temporary cessation of the Company’s business and those of many business partners in Ukraine, Russia and Belarus; (xi) disease epidemics and health-related concerns, such as the ongoing COVID-19 pandemic, which could result in (and, in the case of the COVID-19 pandemic, has resulted in some of the following) supply-chain disruptions due to closed factories, reduced workforces and production capacity, shipping delays, container and trucker shortages, port congestion and other logistics problems, closed stores, reduced consumer traffic and purchasing, or governments implement mandatory business closures, travel restrictions or the like, and market or other changes that could result (or, with respect to the COVID-19 pandemic, could continue to result) in shortages of inventory available to be delivered to the Company’s stores and customers, order cancellations and lost sales, as well as in noncash impairments of the Company’s goodwill and other intangible assets, operating lease right-of-use assets, and property, plant and equipment; (xii) actions taken towards sustainability and social and environmental responsibility as part of the Company’s sustainability and social and environmental strategy, may not be achieved or may be perceived to be disingenuous, which could diminish consumer trust in the Company’s brands, as well as the Company’s brands value; (xiii) the failure of the Company’s licensees to market successfully licensed products or to preserve the value of the Company’s brands, or their misuse of the Company’s brands; (xiv) significant fluctuations of the U.S. dollar against foreign currencies in which the Company transacts significant levels of business; (xv) the Company’s retirement plan expenses recorded throughout the year are calculated using actuarial valuations that incorporate assumptions and estimates about financial market, economic and demographic conditions, and differences between estimated and actual results give rise to gains and losses, which can be significant, that are recorded immediately in earnings, generally in the fourth quarter of the year; (xvi) the impact of new and revised tax legislation and regulations; and (xvii) other risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission (“SEC”). This press release includes, and the presentations will include, certain non-GAAP financial measures, as defined under SEC rules. Reconciliations of these measures are included in the financial information in the Company’s Current Report on Form 8-K furnished to the SEC on March 29, 2022, which is available on the Company’s website at www.PVH.com and on the SEC’s website at www.sec.gov, and in the appendix to the Investor Day presentation deck, which is available on the Company’s website at www.PVH.com. Revenue and earnings per share guidance for the first quarter ending May 1, 2022 and year ending January 29, 2023 and 2025 financial objectives speak as of April 13, 2022, the date on which they were made. The Company does not undertake any obligation to update publicly any forward-looking statement, including, without limitation, any estimate regarding revenue or earnings, whether as a result of the receipt of new information, future events or otherwise.
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