Belkin International Awarded for Global Sustainability in the 2022 Sustainability Awards

 LOS ANGELES - Wednesday, 07. September 2022

Acknowledged as a sustainability leader for the 3rd year in a row

(BUSINESS WIRE) -- Today, The Business Intelligence Group named Belkin International as a winner of the Sustainability Leadership Award in the 2022 Sustainability Awards program. The Sustainability Awards honors those people, teams and organizations who have made sustainability an integral part of their business practice or overall mission.

In the last 12 months, Belkin has made strides in its mission to achieve a better and more sustainable future for all, hitting key milestones in climate action and responsible consumption and production. To date, Belkin has achieved 35% renewable energy in Scope 2, achieved over 64% reduction in its operations from 2009 to 2021, expanded its single use plastic reduction in all product categories, and converted to using 100% Recycled PET (RPET) where possible. Belkin is developing a path toward 100% plastic-free packaging by 2025.

“We are proud to reward and recognize Belkin International for their sustainability efforts,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!”

About Belkin

Belkin is an accessories market leader delivering power, protection, productivity, connectivity, audio, and smart home solutions for a broad range of consumer electronics and enterprise environments. Designed in Southern California and sold in more than 50 countries around the world, Belkin creates products that empower people through technology whether at home, at work or on a new adventure. In 2018 Belkin International merged with Foxconn Interconnect Technology to bolster its global influence and remains forever inspired by people and the planet we live on.

© 2022 Belkin International, Inc. and/or its affiliates. All rights reserved.

All product names, logos, and brands are property of their respective owners.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005441/en/

Permalink

https://www.aetoswire.com/en/news/0709202226850

Contacts

Jen Wei

VP of Global Communications and Corporate Development

comms@belkin.com

Boomi Appoints Larry Quinlan to Its Board of Directors

 Former CIO of Deloitte brings over 35 years of experience driving innovation and business transformation initiatives across Fortune 500 companies and high-growth technology organizations

With experience running a $45B professional services firm’s technology strategy, Quinlan sits on numerous boards, including those of two public companies: ServiceNow and Jones Lang LaSalle

Named one of America's fastest-growing private companies on the Inc. 5000 2022 list, and earning numerous awards for product excellence and culture, Boomi recently set the industry record for largest customer base among integration platform vendors, added world-class leaders, and continues to expand its global footprint

(BUSINESS WIRE)--Boomi™, the intelligent connectivity and automation leader, today announced the appointment of former Deloitte CIO Larry Quinlan as an independent, non-executive member of its Board of Directors.

“We’re thrilled to have Larry as part of our board and strategic counsel, where he will bring his proven expertise to help us navigate through our next phase as a company,” said David Meredith, CEO at Boomi. “Boomi's recent launch as a standalone organization – coupled with our category-leading technology and rapid customer growth – provides us the opportunity to continue to build an unparalleled leadership team.”

As the former Global Chief Information Officer (CIO) for Deloitte, Quinlan held responsibility for the $45B professional services firm’s technology strategy and operations, overseeing more than 10,000 information technology (IT) professionals in 175 countries. Sought-after for his understanding of strategic impacts of emerging technologies, he brings over 35 years of experience advising Fortune 500 boards and CEOs. Quinlan currently sits on numerous boards, including those of two public companies: ServiceNow (NYSE: NOW), a leader in cloud digital workflow, and Jones Lang LaSalle (NYSE: JLL), a world leader in real estate services, as well as UBS Americas Holding LLC where he chairs the Technology and Cyber Forum of the Board.

“All businesses must transform for today’s world, and intelligent connectivity and automation are crucial for success in that endeavor,” said Quinlan. “Boomi’s continued leadership, coupled with its award-winning platform and culture, make this company a force to be reckoned with. I’m honored to serve the Boomi team during this exciting time.”

Quinlan’s appointment comes after Boomi's recent independence backed by premier private equity firms, Francisco Partners and TPG, in a $4 billion transaction. As a category-leading, global software as a service (SaaS) company with the largest customer base among integration platform vendors, Boomi touts a growing user community of over 100,000 members, and one of the largest arrays of global systems integrators (GSIs) in the integration platform as a service (iPaaS) space. The company boasts a worldwide network of approximately 800 partners, including Accenture, Deloitte, SAP, and Snowflake; and partners with the largest hyperscaler cloud service providers, including Amazon Web Services, Google, and Microsoft, among others.

Boomi has been positioned as a Leader in the Gartner® Magic Quadrant™ for Enterprise Integration Platform as a Service (EiPaaS) for eight consecutive years.

Recently named as one of America's fastest-growing private companies on the Inc. 5000 2022 list, Boomi also earned the Gold Globee® Award in the Platform as a Service (PaaS) category, and garnered a prestigious 5-star rating in the CRN Partner Program Guide, a definitive list of the most notable partner programs from industry-leading technology vendors that provide innovative products and flexible services through the IT channel. Additionally, Boomi celebrates numerous awards as an employer of choice, including a listing as one of Inc. Magazine’s Best Workplaces and two Comparably awards for Best CEOs for Diversity and Best Company for Career Growth. As enterprise demand for digital connectivity, integration, and intelligent automation solutions continues to grow, Boomi continues to scale rapidly and hire globally.

Additional Resources

Learn more about the Boomi AtomSphere Platform

Check out open roles at Boomi

Explore the Boomiverse Community

Follow Boomi on Twitter, LinkedIn, Facebook, and YouTube

Gartner Disclaimer:

Gartner, Magic Quadrant for Enterprise Integration Platform as a Service, Eric Thoo, Keith Guttridge, Bindi Bhullar, Shameen Pillai, Abhishek Singh, September 29, 2021

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER and Magic Quadrant are registered trademarks and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Note: Boomi was recognized as Dell Boomi from 2014 to 2019.

About Boomi

Boomi aims to make the world a better place by connecting everyone to everything, anywhere. The pioneer of cloud-based integration platform as a service (iPaaS), and now a category-leading, global software as a service (SaaS) company, Boomi touts the largest customer base among integration platform vendors and a worldwide network of approximately 800 partners – including Accenture, Capgemini, Deloitte, SAP, Snowflake, Amazon Web Services, Google Cloud, and Microsoft. Global organizations turn to Boomi’s award-winning platform to discover, manage, and orchestrate data, while connecting applications, processes, and people for better, faster outcomes. For more information, visit http://www.boomi.com.

© 2022 Boomi, LP. Boomi, the ‘B’ logo, Boomiverse, and AtomSphere are trademarks of Boomi, LP or its subsidiaries or affiliates. All rights reserved. Other names or marks may be the trademarks of their respective owners.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005173/en/

Permalink

https://www.aetoswire.com/en/news/0709202226868

Contacts

Media Contacts:

Kristen Walker

Global Corporate Communications

kristenwalker@boomi.com

+1-415-613-8320

EIG to Acquire 25% Of Repsol’s Entire Global Upstream Business in New Partnership

 Large Scale, High-Graded Upstream Portfolio Provides Reliable Energy to Support Growing Demand

(BUSINESS WIRE) -- EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (“Repsol”) to acquire a 25% stake in Repsol Upstream, a newly-formed global exploration & production (“E&P”) company comprising Repsol’s entire global upstream oil and gas business. The strategic partnership delivers upfront capital to Repsol to increase its investment in the energy transition, specifically to support the growth of Repsol’s renewable power generation, renewable fuels, and circular products segments.

Under the terms of the agreement, a newly formed, wholly owned subsidiary of EIG, Breakwater Energy, will acquire the 25% interest in Repsol Upstream for total consideration of approximately $4.8 billion, including debt, with Repsol holding the remaining 75%, indicating a total enterprise value of approximately $19.0 billion for Repsol Upstream. The company will be majority controlled by Repsol and will be consolidated in the accounts of Repsol.

Repsol Upstream is a leading, gas-weighted global E&P company that will own and operate Repsol’s globally diversified portfolio of upstream assets, delivering cash generative and resilient operations around key regional hubs, with a focus on the United States. Repsol Upstream is forecast to produce approximately 590,000 barrels of oil equivalent per day for 2H 2022 and has proved and probable reserves of 2.3 billion barrels equivalent as at December 31, 2021, approximately 70% of which is gas. Repsol Upstream also holds contingent resources of 3.8 billion barrels equivalent as at the same date.

The business has committed to leadership in reducing greenhouse gas (GHG) emissions, initially adopting Repsol’s existing targets, including a 75% reduction of carbon intensity by 2025 from a 2016 baseline, and implementation of a decarbonization plan, including development of new short and medium-term GHG emissions reduction targets. The company also has a green exploration business targeting Carbon Capture and Storage (CCS), geothermal and hydrogen storage projects.

Repsol Upstream will maintain the business’s current workforce and existing management team. The company is expected to benefit from Repsol’s expertise as a benchmark upstream operator, as well as from EIG’s knowledge of global debt and equity capital markets and upstream experience, particularly in the United States, the North Sea, Brazil and Asia Pacific. Repsol Upstream will also benefit from EIG’s recent expertise derived from its successful formation, transformation, and public listing of Harbour Energy. EIG believes the transaction puts Repsol Upstream on a pathway towards future market liquidity—both Repsol and EIG foresee the potential to list the business in the U.S. from 2026 onward, subject to favorable market conditions.

“Energy transition informs every decision we make, and we are thrilled to partner with a global leader of Repsol’s stature on this compelling opportunity to lead change in our industry,” said R. Blair Thomas, EIG’s Chairman and CEO. “Evaluation of ESG impact is integrated into EIG’s core investment and portfolio management functions, and we look forward to working with Repsol, a world-class operator and energy transition leader, to continue building on the business’s ESG best practices. As the world looks to meet the twin goals of decarbonization and reliability, we believe this partnership is well positioned to help meet the growing global demand for accessible, efficient and safe energy.”

“Our ambition is to lead the energy transition, and this pioneering agreement allows us to maintain the strategic direction of the upstream unit and, at the same time, to boost the transformation of the company and its multi-energy profile to achieve zero net emissions by 2050,” said Repsol CEO Josu Jon Imaz.

As part of the transaction, EIG will have the right to nominate two members to Repsol Upstream’s eight-member Board of Directors. Four will be nominated by Repsol, with the remaining two as Independents. EIG will also have the right to appoint two senior executives to the Repsol Upstream leadership team, one to serve as ESG Director and the other to lead special projects, including IPO preparedness.

The transaction is expected to close within the coming six months, subject to customary closing conditions.

Goldman Sachs & Co LLC and J.P. Morgan acted as financial advisors to EIG in connection with the transaction. Goldman Sachs & Co LLC, J.P. Morgan and Lazard are acting as capital markets advisors in connection with the financing of the transaction. Latham & Watkins serves as EIG’s legal advisor.

About EIG

EIG is a leading institutional investor in the global energy and infrastructure sectors with $24.0 billion under management as of June 30, 2022. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 40-year history, EIG has committed over $41.5 billion to the energy sector through over 387 projects or companies in 38 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.

About Repsol

Repsol is a global multi-energy company that is leading the energy transition with its ambition of achieving zero net emissions by 2050. Present throughout the energy value chain, the company employs 24,000 people worldwide and distributes its products in nearly 100 countries to around 24 million customers.

To achieve zero net emissions by 2050, Repsol is deploying an integrated model of decarbonization technologies based on enhanced efficiency, increased renewable power generation capacity, production of low-carbon fuels, development of new customer solutions, the circular economy, and by driving breakthrough projects to reduce the industry's carbon footprint.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906006122/en/

Permalink

https://www.aetoswire.com/en/news/0709202226878

Contacts

Media

EIG

FGS Global

Kelly Kimberly / Brandon Messina

+1 212-687-8080

EIG-SVC@sardverb.com

Repsol

+34 91 753 8787

prensa@repsol.com

Daniel Hanna joins Barclays as Global Head of Sustainable Finance for the Corporate and Investment Bank

 LONDON - Thursday, 08. September 2022 AETOSWire

(BUSINESS WIRE) -- Barclays has appointed Daniel Hanna as Global Head of Sustainable Finance for the Corporate and Investment Bank with the responsibility for creating a market-leading center of excellence for sustainable finance. He will be based in London and joins the Corporate and Investment Bank’s Management Committee.

“The center of excellence will bring together the power of our 'One Barclays' approach to deliver a fuller suite of products, solutions, and expertise to clients as they navigate the transition to a low-carbon economy,” said Paul Compton, Global Head of Corporate and Investment Bank and President, Barclays Bank Plc. “He will partner closely with the Sustainable Capital Markets, Sustainable and Impact Banking, and the Sustainable Product Group teams, as well as with Barclays’ Sustainability and ESG team to ensure connectivity with Barclays’ broader firm-wide efforts.”

“We are focused on the delivery of our climate strategy, including capturing new opportunities to deepen client relationships and create new growth for Barclays’ businesses,” said Sasha Wiggins, Barclays’ Group Head of Public Policy and Corporate Responsibility. “Whilst we are already using our expertise across our Corporate and Investment Bank to help clients manage this period of extraordinary change, Daniel’s appointment gives us a powerful focus to create a real point of difference with clients.”

Mr. Hanna joins Barclays from Standard Chartered, where he was most recently Global Head of Sustainable Finance.

“Barclays was one of the first banks to commit to net zero by 2050 and has a fantastic track record of innovation in green and sustainable finance,” said Mr. Hanna. “As the world deals with the impact of high energy prices and climate change, Barclays has a strong platform to help channel capital to the new technologies, and companies, that can help economies decarbonize and drive sustainable growth.”

The transition to a low carbon economy is today’s defining opportunity for innovation and growth - supporting clients in their efforts to decarbonise and adapt their business models is a strategic priority at Barclays. There is a significant opportunity for Barclays to play a leading role in helping to meet the demand for financing to support the energy transition, channelling investment into new green technologies and low-carbon infrastructure projects. Barclays has already facilitated £74bn of green financing, including landmark projects such as supporting the UK Government to issue their first green bond, which will finance projects such as offshore wind and schemes to decarbonise homes and buildings. To find out more about Barclays’ approach to climate change, please visit our website.

About Barclays

Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Barclays Group. For further information about Barclays, please visit our website home.barclays.

About Barclays Corporate and Investment Bank

Barclays is a consumer and wholesale bank, supporting individuals and small businesses through our consumer banking services, and larger businesses and institutions through our corporate and investment banking services. Our Corporate and Investment Bank is comprised of the Investment Banking, International Corporate Banking, Global Markets and Research businesses; it provides money managers, financial institutions, governments, supranational organisations and corporate clients with services and advice for their funding, financing, strategic and risk management needs. For further information about Barclays Corporate and Investment Bank, please visit our website www.cib.barclays.

About Barclays Commitment to Address Climate Change

In March 2020, Barclays announced an ambition to be a net zero bank by 2050, becoming one of the first banks to do so. Barclays is working to achieve net zero operations, investing in the continued decarbonisation of our operations, and in the development of a net zero pathway for the emissions from our supply chain. Barclays is also committed to aligning its financing with the goals and timelines of the Paris Agreement and to providing the green and sustainable finance required to transform the economies it serves.

About Barclays’ Sustainable Capital Markets (SCM) Team

Barclays’ Sustainable Capital Markets (SCM) team offers a broad range of ESG capital market product types and delivers across multiple client segments to help clients finance their sustainability journeys and formalise their sustainability commitments.

About Barclays’ Sustainable and Impact Banking (SIB) Team

Barclays’ Sustainable and Impact Banking (SIB) team advises and raises capital for emerging growth companies that are addressing ESG issues, as well as for existing clients navigating their energy transitions.

About Barclays’ Sustainable Product Group (SPG) Team

Barclays’ Sustainable Product Group (SPG) team offers a set of green products based on Barclays Green Finance Framework, including Green Innovation Finance, Green Loans, Green Asset Finance, Green Trade Finance, Green Infrastructure and Project Finance, and Green Deposits.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005147/en/

Permalink

https://aetoswire.com/en/news/0809202226883

Contacts

Press:

Ann Thielke (US)

212-526-1472

Ann.thielke@Barclays.com

Holly Brown (UK)

44(0)20 207 116 6195

Holly.brown@barclays.com

World Stars of Physics Light up Florence

 FLORENCE, Italy - Wednesday, 07. September 2022

El.En. Group at Palazzo Vecchio hosted some of the most important figures in the world of laser: science, physics and industry met to celebrate important milestones and to pave the way to the future.

Key to the City to Prof. Gérard Mourou, 2018 Nobel Prize winner

(BUSINESS WIRE) -- Thanks to the El.En. Group of Calenzano, Florence, a multinational specialized in laser production for medical and industrial applications, and for conservation of artistic heritage, an event was organized to celebrate the just over 40 years since it was founded in the presence of the 2018 Nobel Prize winner for Physics, Gérard Mourou, and other prominent professors of international acclaim who contributed to pioneering research in the field of laser physics, paving the way for a multitude of scientific and medical applications.

The event was also held to honor two shining stars in the world of physics: The Nobel prize winner Gérard Mourou, who, thanks to the General Manager of El.En., Mr. Paolo Salvadeo, was given the prestigious honor of receiving the Key to the City of Florence from the Mayor of Florence in a separate public ceremony in the afternoon, and Orazio Svelto, Professor Emeritus of Polytechnic of Milan, father of laser in Italy. Prof. Svelto invented the so-called “hollow fiber compressor” making it possible to achieve laser impulses lasting attoseconds, with previously unimaginable peak power. This system is currently used in many laboratories the world over conducting cutting edge scientific research and non-linear spectroscopy.

During the gala dinner in the Salone dei Cinquecento of Palazzo Vecchio, in the presence of the major political authorities, the director of the Uffizi Gallery, of Console USA, and other institutional personalities and of the world of laser, Prof. Mourou shared his vision of the future of science, starting with the studies that earned him his Nobel prize for inventing the so-called Chirped Pulse Amplification (CPA), developed in collaboration with Donna Theo Strickland. It is a technique that, thanks to the generation of ultra-brief and high intensity impulses, has made laser even more versatile and enabled exploration of previously unknown dynamics of physics. A notable presence at the gala dinner was Prof. Sune Svamberg, who for many years was on the Nobel Committee for Physics, two years during which he was president, and Prof. Ursula Keller, one of the most acclaimed and well-known scientists in the world in the field of optoelectronics and photonics.

“It’s an honor and I take great pride in being able to create and maintain a deep connection between the world of academics and industry. This shows how crucial collaboration is between these worlds to conduct studies and make discoveries that improve the people’s quality of life. An osmosis of knowledge and a continuous and stimulating dialog that mark continuity among professors and alumni, many of whom dedicate their daily lives in the company laboratories of our group,” affirmed Paolo Salvadeo, General Manager of the El.En. Group

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005326/en/

Permalink
https://aetoswire.com/en/news/0709202226873

Contacts

Press Office:
Headline srl
Gianpaolo Ansalone
328 4124103 – gianpaolo@hlstampa.com

Press Office El.En. SpA
Davide Zotta
342 6204053 – d.zotta@deka.it

 

Morgan Stanley Selects 10 Companies for Inaugural Global Cohort of the Multicultural Innovation Lab

 -The Fall 2022 Multicultural Innovation Lab (MCIL) cohort includes the following companies that have innovative strategies across sectors such as education, energy, food and beverage, healthcare, legal, marketing, media and technology: Advocat, AMAKA Studio, AuditMate, Gentreo, Here Here Market, imagi, Kami, Perse, Physician 360 and Wearisma

-With startups based in both the US and EMEA, MCIL’s first global cohort will build upon the success of the previous 59 portfolio companies that have reached more than $670M combined valuation and have raised over $150M in additional funding to date after participating in the five-month accelerator program

 

(BUSINESS WIRE) -- Morgan Stanley today announced the eighth cohort of the Multicultural Innovation Lab. The in-house accelerator program for technology and technology-enabled startups in the post-seed to Series A funding round stage targets companies with multicultural or women founders, co-founders, CTOs or other C-suite members who are developing innovative solutions across sectors. Now in its sixth year and with 69 total participating companies to date, the program is expanding globally for the first time, with participating companies in both the US and in Europe, the Middle East and Africa (EMEA).

From September 2022 to February 2023, the founders—the majority of whom are women and ethnically diverse—and their companies will participate in a customized accelerator program designed to enhance their growth and development. Chosen from over 2,500 applications, these leaders will benefit from the close support of Morgan Stanley’s global ecosystem of internal and external partners, which will provide a variety of mentorship opportunities and business-growth resources. Through MCIL, Morgan Stanley also makes investments in these early-stage, high-growth startups.

“We are particularly excited to welcome our first global cohort, representing multicultural and women-led innovation in business around the world,” said Selma Bueno, Managing Director and Head of the Multicultural Client Strategy Group. “This new stage in MCIL’s development represents our continued efforts to create a more equitable investment landscape for women- and diverse-led startups and ensure that more overlooked entrepreneurs—and their communities—have the opportunity to succeed.”

The companies that have been selected for the Fall 2022 cohort include the following:

Advocat is a legal software platform developed to streamline the process of creating and operationalizing legal documents.

AMAKA Studio is a digital media platform connecting a global community of women sharing Pan-African stories.

AuditMate is a provider of SaaS-driven vertical transportation maintenance and contract management services. The solution helps property managers with contract analysis, maintenance completion reporting, compliance management and more.

Gentreo is a software solution helping families and caregivers affordably and easily prepare, plan and protect all they love with next generation estate planning.

Here Here Market is an online marketplace for food enthusiasts to discover and buy specialty products from ‘chef-prenuers’ and small-batch artisans.

imagi is an education tech company leveraging proprietary coding education tools to equip girls with essential technology skills and confidence.

Kami is an AI-powered family support platform providing personalized access to a wide range of wellness consultants, as well as an expertly curated and comprehensive range of guides, articles and tips.

Perse is a single data technology platform leveraging energy and carbon data from all meters in Britain to report and optimize the energy and carbon footprint for individuals, households and businesses.

Physician 360 transforms community pharmacies into healthcare clinics by empowering them with access to a virtual care platform.

Wearisma is a global enterprise SaaS influencer analytics platform helping large-scale companies to optimize marketing spend and to achieve communication objectives.

The Fall cohort will operate in a hybrid environment, using a combination of online video platforms and in-person events to facilitate the curriculum, enhance connectivity and foster community. The program will culminate in the eighth Multicultural Innovation Lab Showcase and Demo Day, when the 10 participating companies will present to potential investors, business partners and customers.

For the last two years, MCIL has been named one of the World’s Best Innovation Labs by Global Finance Magazine. The Lab continues to successfully increase access to capital for diverse entrepreneurs, as evidenced by resulting company acquisitions and additional funding rounds following participation in the program. Some notable examples include:

Relationship intelligence platform Stimulus raised a $2.5 million seed round to grow partnerships and expand the team with engineering, data science and sales talent.

Lillii RNB, an AI-powered fraud prevention and investigation SaaS solution for retailers, raised a $3 million seed round from co-leads Serena Ventures and Aperture Venture Capital to capitalize on sales opportunities and grow its partnership network.

Event management software platform Five to Nine raised a $4.25 million seed round to expand its engineering capability, accelerate product development and grow the team.

About the Multicultural Innovation Lab

The Multicultural Innovation Lab (MCIL) is an intensive five-month in-house accelerator designed to help further develop and scale startups, culminating in a showcase presentation and Demo Day to the investor community. Morgan Stanley launched MCIL in 2017 in order to address inequities in funding of ethnically diverse- and women-led startups, which our research shows equals over four trillion dollars in unrealized returns.

The team is led by New York-based Selma Bueno, Managing Director and Global Head of the Multicultural Client Strategy Group, and London-based Sanghamitra Karra, Managing Director and EMEA Head of the Multicultural Client Strategy Group. Together, they have over 35 years of investment banking and risk management experience.

Listen to the Access & Opportunity with Carla Harris podcast on your platform of choice to learn about the players driving change among diverse entrepreneurs, the investor community and the world.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 41 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit https://www.morganstanley.com/.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005822/en/

Permalink

https://aetoswire.com/en/news/0709202226864

Contacts

Media Relations: Daniella Cohen

Daniella.Cohen@morganstanley.com

Bentley Systems Announces Michael Campbell Joining as Chief Product Officer

EXTON, Pa. - Wednesday, 07. September 2022

And Expanded Executive Roles for James Lawton, Claire Rutkowski, and Suzanne Little

(BUSINESS WIRE) -- Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced that Michael Campbell has been appointed chief product officer and will lead more than 1,500 colleagues in the company’s product advancement group. Campbell joins Bentley from product engineering software leader PTC Inc. (Nasdaq: PTC), where he has spent his whole career since earning his mechanical engineering degree from Boston University in 1995. He has had product leadership responsibility for PTC’s mainstream design applications and for its IoT acquisitions, and most recently served as executive vice president and general manager for its augmented reality offerings. Campbell will be responsible for defining Bentley’s product strategy and for managing product development to advance the company’s leadership in infrastructure engineering software. He will report to Chief Operating Officer Nicholas Cumins.

Cumins said, “Mike brings to Bentley his vast experience of software innovation at PTC, and a unique perspective on the evolution of engineering software applications to incorporate cloud services. We share a belief that infrastructure engineering can learn from product engineering’s advancements in going digital, including leveraging digital twins and industrializing digital workflows.”

Expanded Executive Responsibilities
Following its IPO in 2020 after 36 years, Bentley Systems anticipates naturally continuing executive retirements, accelerating opportunities for significant internal promotions.

James Lawton has been named to the newly created role of chief digital officer. Lawton joined Bentley with the acquisition of geosciences software company Seequent in 2021. He will lead Bentley’s digital experience strategy, as well as the IT organization, shaping and delivering a seamless experience for Bentley’s users and colleagues across all digital touch points.

Claire Rutkowski, after six years as chief information officer, is now SVP, CIO champion, leading solutions and advocacy for engineering firms, who contribute slightly more than half of Bentley’s annual recurring revenue. Rutkowski joined Bentley in 2016 from the position of CIO at major infrastructure engineering firm Stantec/MWH.

Suzanne Little has been promoted to the newly created role of chief colleague success officer, as Chief Talent Officer Florence Zheng has become an adviser, for organizational succession, to Bentley’s board. Little will lead Bentley’s global HR functions and teams, along with expanded responsibility for enhancing the overall colleague experience. Previously, as vice president of talent, Little led global talent operations, including talent acquisition, talent management, total rewards, and talent systems and analytics.

##

About Bentley Systems
Bentley Systems (Nasdaq: BSY) is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings include MicroStation-based applications for modeling and simulation, ProjectWise for project delivery, AssetWise for asset and network performance, Seequent’s leading geoprofessional software portfolio, and the iTwin platform for infrastructure digital twins. Bentley Systems employs more than 4,500 colleagues and generates annual revenues of approximately $1 billion in 186 countries.

www.bentley.com

©2022 Bentley Systems, Incorporated. Bentley, the Bentley logo, AssetWise, iTwin, MicroStation, ProjectWise, and Seequent are either registered or unregistered trademarks or service marks of Bentley Systems, Incorporated or one of its direct or indirect wholly owned subsidiaries. All other brands and product names are trademarks of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220906005999/en/

Permalink
https://www.aetoswire.com/en/news/0709202226847

Contacts

Press:
Christine Byrne
+1 203 805 0432
Christine.Byrne@bentley.com
Follow us on Twitter:
@BentleySystems