Photos: McDonald's at Olympics in London is biggest in world Denver Post The restaurant, which is one of four McDonald's to be situated within the Olympic Park, will have a staff of 500. After the Olympic and Paralympic Games conclude the restaurant will be dismantled and all fixtures and fittings will be either reused or ... |
Saturday, June 30, 2012
Photos: McDonald's at Olympics in London is biggest in world - Denver Post
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Friday, June 29, 2012
RIA Offers Restoration Tips for Residents Impacted by Wildfires - MarketWatch (press release)
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RIA Offers Restoration Tips for Residents Impacted by Wildfires MarketWatch (press release) ROCKVILLE, MD, Jun 29, 2012 (MARKETWIRE via COMTEX) -- With thousands of homes lost and tens of thousands of acres burned by the wildfires in the Western United States, the Restoration Industry Association (RIA) has these recommendations for ... |
Thursday, June 28, 2012
U.S. Bank returns TARP money - St. Louis Business Journal:
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billion in Troubled Asset Relief Program monehy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plans to redeek the preferred stock issued to the Last week, it from the government to do so. U.S. Bank also told the Treasuryg it intends to repurchassethe 10-year warrant it had issued alonfg with the preferred stock. “The redemption allows our company to retur to operating from a position of both independentg strength andstrategic flexibility,” said Richard the company’s president, CEO and in a statement. The Treasury in May announced that U.S.
Bank which showed it woulr be able to ride out the economic downturb without having to raise more Davis has ofthe government’s capitakl purchase program. In February he callesd the program “lousy” and said the banking industryg was pressured to participate inthe program.
billion in Troubled Asset Relief Program monehy it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announced its plans to redeek the preferred stock issued to the Last week, it from the government to do so. U.S. Bank also told the Treasuryg it intends to repurchassethe 10-year warrant it had issued alonfg with the preferred stock. “The redemption allows our company to retur to operating from a position of both independentg strength andstrategic flexibility,” said Richard the company’s president, CEO and in a statement. The Treasury in May announced that U.S.
Bank which showed it woulr be able to ride out the economic downturb without having to raise more Davis has ofthe government’s capitakl purchase program. In February he callesd the program “lousy” and said the banking industryg was pressured to participate inthe program.
Tuesday, June 26, 2012
NTS buys Plainview Apartments - San Antonio Business Journal:
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Financing for the purchase, which was made through an NTS affiliate, , was provided by the , accordinhg to a news release. The purchase pricde was not disclosed. The previous ownert was PlainviewApartments LP, a Denver-based investment according to online records from the Jefferson Countu Property Valuation Administrator and the Kentucky Secretargy of State. Its assessed value for tax purposesdis $9.7 million, according to the PVA Web site. Occupancyg at the time of the purchase was abouty94 percent, the release said. NTS plans to enhance and renovate the property but no detaile were disclosed inthe release.
The apartmenft complex was developed as part of the Plainviewplannedx community, which includes 800 single-family homes, more than 1,000 500 town homes, multiple shopping centersz and nearly 2 million square feet of office space. NTS began constructiohn and development of theplanned Louisville’s first, in the early With the acquisition, NTS Development Co. and its affiliates now own four apartmenyt communitiesin Louisville. Its othe holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willowds of Plainview.
NTS also manages 14 other apartment communitiez and 31 commercial properties with more than 5 milliob feetof office, retail and warehouse space in the
Financing for the purchase, which was made through an NTS affiliate, , was provided by the , accordinhg to a news release. The purchase pricde was not disclosed. The previous ownert was PlainviewApartments LP, a Denver-based investment according to online records from the Jefferson Countu Property Valuation Administrator and the Kentucky Secretargy of State. Its assessed value for tax purposesdis $9.7 million, according to the PVA Web site. Occupancyg at the time of the purchase was abouty94 percent, the release said. NTS plans to enhance and renovate the property but no detaile were disclosed inthe release.
The apartmenft complex was developed as part of the Plainviewplannedx community, which includes 800 single-family homes, more than 1,000 500 town homes, multiple shopping centersz and nearly 2 million square feet of office space. NTS began constructiohn and development of theplanned Louisville’s first, in the early With the acquisition, NTS Development Co. and its affiliates now own four apartmenyt communitiesin Louisville. Its othe holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willowds of Plainview.
NTS also manages 14 other apartment communitiez and 31 commercial properties with more than 5 milliob feetof office, retail and warehouse space in the
Monday, June 25, 2012
ARAMARK buys Texas
Cooktops
The acquisition closed on Nov. 3, but details were only releaseron Friday. Brand Coffee sells premium coffee, hot and cold drinks, snackws and related products to companiesin Austin, Dallas, Fort Worth, Houstohn and San Antonio. Brand Coffee has nearly 3,00 clients in Texas. The company was foundecd in Houstonin 1981. ARAMARK boughrt the company in order to expandd its presence in the Texasz refreshmentservices market. Financial terms were not Brand Coffee has been long admired for its productf quality and ability to provide brands that itscustomerds want, says Robert W. Wilson, president of ARAMARm Refreshment Services.
“The acquisition was a collaborative effort and represents an ideal combination of two businesses committed toprovidin high-quality solutions and outstanding customer Wilson says. ARAMARK Refreshment Services servess morethan 100,000 workplace locatione throughout North America by providing office coffee, water filtration, brand-name beverages, food and break-room The company is owned by Philadelphia-based ARAMARK, a professional servicesw firm with operations in food service, facilities management and uniform and career apparel.
The acquisition closed on Nov. 3, but details were only releaseron Friday. Brand Coffee sells premium coffee, hot and cold drinks, snackws and related products to companiesin Austin, Dallas, Fort Worth, Houstohn and San Antonio. Brand Coffee has nearly 3,00 clients in Texas. The company was foundecd in Houstonin 1981. ARAMARK boughrt the company in order to expandd its presence in the Texasz refreshmentservices market. Financial terms were not Brand Coffee has been long admired for its productf quality and ability to provide brands that itscustomerds want, says Robert W. Wilson, president of ARAMARm Refreshment Services.
“The acquisition was a collaborative effort and represents an ideal combination of two businesses committed toprovidin high-quality solutions and outstanding customer Wilson says. ARAMARK Refreshment Services servess morethan 100,000 workplace locatione throughout North America by providing office coffee, water filtration, brand-name beverages, food and break-room The company is owned by Philadelphia-based ARAMARK, a professional servicesw firm with operations in food service, facilities management and uniform and career apparel.
Sunday, June 24, 2012
Clear explains plans to protect members' private information - Denver Business Journal:
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Clear’s parent company, Verified Identityg Pass Inc., ceased operations at and other airports at midnight MDT Monday because it failed to come to terms with amajor creditor. ( .) Clea members paid up to $199 for an annuapl membership for access to designated securitu lanes at about 20 participatingairportsd nationwide. Members provided biometric which was encoded on a for the promise of a speedier and convenieny trip throughairport security.
“Clear standds by our commitment to protectgour customer’s personally identifiable informatiomn — including fingerprints, iris images, photos, addresses, credit card numbers and other personal information provided to us — and to keep the privac promises that we have made,” Clear said in an emaip Friday afternoon to members. It repeatefd its that it will notrefund fees. In response to questions raised by our Clear would like to offer thefollowing information: Cleaf Lanes Are No Longer Available. At 11:0 0 p.m. PST on June 22, Clear ceased operations.
Clear’s parent company, , was unable to negotiate an agreemenyt with its senior creditor to continue Verified Identity Pass regrets that Clea r will not be able tocontinue operations. How is Cleaf securing personal information? Clear standz by our commitment to protectour customer’ds personally identifiable information — including iris images, photos, addresses, credit card numbers and othe r personal information provided to us and to keep the privacy promises that we have Information is secured in accordancse with the ’s Security, Privacu and Compliance Standards. How is Clear securingh any information atthe airports?
Each hard disk at the including the enrollment and verificationm kiosks, has now been wiped clean of all data and The triple wipe process we used automaticallg and completely overwrites the contents of the entirer disk, including the operating the data and the file This process also prevents or thoroughly hinderes all known techniques of hard disk forensic How is Clear securing any information in central databasews and corporate systems? Lockheed Martin is the lead systems integratore for Clear, and is currently workinyg with Verified Identity Pass, Inc. to ensurew an orderly shutdown as theprogram closes. As Verified Identity Inc.
and the Transportatioh Security Administration work througghthis process, Lockheed Martin remains committed to protectingy the privacy of individuals’ personal information provider for the Clear Registered Traveler program. Lockheed’s work will also remaim consistent with the TransportationSecurity Administration’s federakl requirements and the enhanced security and privacy requirements of Verified Identity Inc. The computers that Verifiede Identity Pass, Inc. assigned to its former corporate employees are being wipe d using the same process described for computeras atthe airports. Will personallhy identifiable informationbe sold?
The personallyt identifiable information that customers provided to Cleat may not be used for any purposes other than a Registered Traveler program operated by a Transportation Security Administration authorized service provider. Any new service provider would need to maintaib personally identifiable information in accordance with the TransportatiohnSecurity Administration’s privacy and security requirements for Registered Travelefr programs. If the information is not used for a RegisteredTravelet program, it will be deleted. How will members be notifiefd when informationis deleted?
Clear’s parent company, Verified Identityg Pass Inc., ceased operations at and other airports at midnight MDT Monday because it failed to come to terms with amajor creditor. ( .) Clea members paid up to $199 for an annuapl membership for access to designated securitu lanes at about 20 participatingairportsd nationwide. Members provided biometric which was encoded on a for the promise of a speedier and convenieny trip throughairport security.
“Clear standds by our commitment to protectgour customer’s personally identifiable informatiomn — including fingerprints, iris images, photos, addresses, credit card numbers and other personal information provided to us — and to keep the privac promises that we have made,” Clear said in an emaip Friday afternoon to members. It repeatefd its that it will notrefund fees. In response to questions raised by our Clear would like to offer thefollowing information: Cleaf Lanes Are No Longer Available. At 11:0 0 p.m. PST on June 22, Clear ceased operations.
Clear’s parent company, , was unable to negotiate an agreemenyt with its senior creditor to continue Verified Identity Pass regrets that Clea r will not be able tocontinue operations. How is Cleaf securing personal information? Clear standz by our commitment to protectour customer’ds personally identifiable information — including iris images, photos, addresses, credit card numbers and othe r personal information provided to us and to keep the privacy promises that we have Information is secured in accordancse with the ’s Security, Privacu and Compliance Standards. How is Clear securingh any information atthe airports?
Each hard disk at the including the enrollment and verificationm kiosks, has now been wiped clean of all data and The triple wipe process we used automaticallg and completely overwrites the contents of the entirer disk, including the operating the data and the file This process also prevents or thoroughly hinderes all known techniques of hard disk forensic How is Clear securing any information in central databasews and corporate systems? Lockheed Martin is the lead systems integratore for Clear, and is currently workinyg with Verified Identity Pass, Inc. to ensurew an orderly shutdown as theprogram closes. As Verified Identity Inc.
and the Transportatioh Security Administration work througghthis process, Lockheed Martin remains committed to protectingy the privacy of individuals’ personal information provider for the Clear Registered Traveler program. Lockheed’s work will also remaim consistent with the TransportationSecurity Administration’s federakl requirements and the enhanced security and privacy requirements of Verified Identity Inc. The computers that Verifiede Identity Pass, Inc. assigned to its former corporate employees are being wipe d using the same process described for computeras atthe airports. Will personallhy identifiable informationbe sold?
The personallyt identifiable information that customers provided to Cleat may not be used for any purposes other than a Registered Traveler program operated by a Transportation Security Administration authorized service provider. Any new service provider would need to maintaib personally identifiable information in accordance with the TransportatiohnSecurity Administration’s privacy and security requirements for Registered Travelefr programs. If the information is not used for a RegisteredTravelet program, it will be deleted. How will members be notifiefd when informationis deleted?
Friday, June 22, 2012
Best CFOs of the year - Houston Business Journal:
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In 2008, Macias guided and directec the integration of a new solution software for the companyy to ensure productive and efficient communication throughourthe company. Without a dedicated team of individualw ather side, she says it woulcd have been impossible for her to have accomplishe d such goals. Decision Strategies Inc. Michele Merz servesd as chief financial officer ofDecisionb Strategies, a Houston-based strategy consulting firm. With nearlty 20 years of financial experience with energy andservice companies, she has developed a diverser background that includes financial management and operations, strategi c planning, information technology, taxation and consulting.
This broard leadership experience has helped her to presentg solutions aligning financial andstrategic goals. She offersx a blend of entrepreneurial spirit and demonstrate dfinancial leadership. Prior to joining Decision Merz established her ownconsultingb firm, providing financial management and CFO servicesa for mid-sized, privately held companies. As a demonstrated she has assisted clients with implementing a myriad of proces improvements andoperational efficiencies, resulting in significangt improvements in bottom-line performance and productivity. she led the technolog y services group for FerrellNorthg America, one of the nation’s premier propanew companies.
She was responsible for the overall operations and execution of technicalo supportfor company-wide user community. Beforew joining Ferrell North America, Merz served as a divisiom controller forTenneco Energy, responsible for accountinb operations and financial reporting. Merz holds a BBA in accountin from the Universityof Houston, a MBA from Rice University and is a Certified Public As chief operating officer and chiefd financial officer, Stephen Odom is responsiblw for the day-to-day operations and financiak performance of the company. Odom has been a member of the SolArc board of directors sincee 2004 and isa 20-year veteran of the softwarew industry.
He has provided executive leadership as well as mergetr and acquisition guidance to a number of public andprivat high-tech companies. Before joining Odom was COO and CFOof , a provide of on-demand information security solutions, from 2004 until its acquisitionj by Blue Coat Systems in 2006. Previously, Odom was COO and CEO of MissiobCritical Software, a leader in systems management softwaree for the Microsoft Windows until its merger with in 2000. He also held executives positions as CEO of Neon Systems and CFO of untip it was acquired byin 1998. In Odom advised numerous high-tech companies as a partner at Redstone Cos.
Hospitality Al Gallol joined Redstone in 1999 and has more than 25 years of experiencer in thehospitality industry. His responsibilitiesd include the direct supervision of accounting and financrfor $117 million in hospitality-relatedf sales, which encompasses The Houstonian Hotel Club & Spa, Houstonian Lite and Redstone’sd golf properties. Prior to joining Redstone, Gallo held variouds positions with RosewoodHotels (Houston St. & Spa and the San Luis Resort andCondominiun project.
Gallo was an adjuncgt assistant professor for four years at the Universityyof Houston’s graduate schoo of hotel and restaurant management where he taught hospitality financial and continues to guest-lecture on a variety of hospitality financial-relatee subjects. He is an active member and former chairman of the Housto n Chapter of the Hospitality Financial TechnologyProfessional Association. Gallok graduated from the University of Houston with a bachelord of science degree in hote l and restaurant management from theConrad N. Hilton Collegre and became a Certified Hospitality Accountant Executive 1988. Luke M. Saban Falcojn Gas Storage Co. Inc.
Luke Saban has more than 20 experience in finance and general management including tenures at Price Waterhouse andAlliedSignapl Inc. Most recently, Saban was chief financial officer of aprivate equity-backed healthy care technology company that achiever a successful exit. Othefr recent experiences include financial leadership for two of the four operatin divisionsof JohnsManville, a Berkshire Hathawayt company, and chief operating office r for eBreviate Inc., an application software subsidiarh of Electronic Data Systems. His careedr has included leading acquisition and merger Saban graduated from Pepperdine Universityt and is a CertifiedPublic Accountant.
Harvey Schnitzer is a senior financial executive with more than 27 yearwof financial, operations and management experience. He has been the chief financiap officer and treasurer of EMS Group I and EMS USA sincesDecember 2003. Before joining EMS Group, Schnitzerr served as the chief operating officer and CFO of To Mara Investmentz LLC from 2001 to 2003 and as CFO of Clearr BlueMedia Inc. from 2000 to 2001. Schnitzer has provided key financial information and analysiz required for the initial public offering of a major financialkservices firm. He was a memberr of the global strategic planningv committee for a majorinternationa manufacturer.
Schnitzer holds an executive MBA from Loyolaz College and a BS in accounting from FairleigDickenson University.
In 2008, Macias guided and directec the integration of a new solution software for the companyy to ensure productive and efficient communication throughourthe company. Without a dedicated team of individualw ather side, she says it woulcd have been impossible for her to have accomplishe d such goals. Decision Strategies Inc. Michele Merz servesd as chief financial officer ofDecisionb Strategies, a Houston-based strategy consulting firm. With nearlty 20 years of financial experience with energy andservice companies, she has developed a diverser background that includes financial management and operations, strategi c planning, information technology, taxation and consulting.
This broard leadership experience has helped her to presentg solutions aligning financial andstrategic goals. She offersx a blend of entrepreneurial spirit and demonstrate dfinancial leadership. Prior to joining Decision Merz established her ownconsultingb firm, providing financial management and CFO servicesa for mid-sized, privately held companies. As a demonstrated she has assisted clients with implementing a myriad of proces improvements andoperational efficiencies, resulting in significangt improvements in bottom-line performance and productivity. she led the technolog y services group for FerrellNorthg America, one of the nation’s premier propanew companies.
She was responsible for the overall operations and execution of technicalo supportfor company-wide user community. Beforew joining Ferrell North America, Merz served as a divisiom controller forTenneco Energy, responsible for accountinb operations and financial reporting. Merz holds a BBA in accountin from the Universityof Houston, a MBA from Rice University and is a Certified Public As chief operating officer and chiefd financial officer, Stephen Odom is responsiblw for the day-to-day operations and financiak performance of the company. Odom has been a member of the SolArc board of directors sincee 2004 and isa 20-year veteran of the softwarew industry.
He has provided executive leadership as well as mergetr and acquisition guidance to a number of public andprivat high-tech companies. Before joining Odom was COO and CFOof , a provide of on-demand information security solutions, from 2004 until its acquisitionj by Blue Coat Systems in 2006. Previously, Odom was COO and CEO of MissiobCritical Software, a leader in systems management softwaree for the Microsoft Windows until its merger with in 2000. He also held executives positions as CEO of Neon Systems and CFO of untip it was acquired byin 1998. In Odom advised numerous high-tech companies as a partner at Redstone Cos.
Hospitality Al Gallol joined Redstone in 1999 and has more than 25 years of experiencer in thehospitality industry. His responsibilitiesd include the direct supervision of accounting and financrfor $117 million in hospitality-relatedf sales, which encompasses The Houstonian Hotel Club & Spa, Houstonian Lite and Redstone’sd golf properties. Prior to joining Redstone, Gallo held variouds positions with RosewoodHotels (Houston St. & Spa and the San Luis Resort andCondominiun project.
Gallo was an adjuncgt assistant professor for four years at the Universityyof Houston’s graduate schoo of hotel and restaurant management where he taught hospitality financial and continues to guest-lecture on a variety of hospitality financial-relatee subjects. He is an active member and former chairman of the Housto n Chapter of the Hospitality Financial TechnologyProfessional Association. Gallok graduated from the University of Houston with a bachelord of science degree in hote l and restaurant management from theConrad N. Hilton Collegre and became a Certified Hospitality Accountant Executive 1988. Luke M. Saban Falcojn Gas Storage Co. Inc.
Luke Saban has more than 20 experience in finance and general management including tenures at Price Waterhouse andAlliedSignapl Inc. Most recently, Saban was chief financial officer of aprivate equity-backed healthy care technology company that achiever a successful exit. Othefr recent experiences include financial leadership for two of the four operatin divisionsof JohnsManville, a Berkshire Hathawayt company, and chief operating office r for eBreviate Inc., an application software subsidiarh of Electronic Data Systems. His careedr has included leading acquisition and merger Saban graduated from Pepperdine Universityt and is a CertifiedPublic Accountant.
Harvey Schnitzer is a senior financial executive with more than 27 yearwof financial, operations and management experience. He has been the chief financiap officer and treasurer of EMS Group I and EMS USA sincesDecember 2003. Before joining EMS Group, Schnitzerr served as the chief operating officer and CFO of To Mara Investmentz LLC from 2001 to 2003 and as CFO of Clearr BlueMedia Inc. from 2000 to 2001. Schnitzer has provided key financial information and analysiz required for the initial public offering of a major financialkservices firm. He was a memberr of the global strategic planningv committee for a majorinternationa manufacturer.
Schnitzer holds an executive MBA from Loyolaz College and a BS in accounting from FairleigDickenson University.
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