Auto Plus Announces Appointment Of Executive Team Under Icahn Enterprises Ownership

first_imgBrent Windom, president and CEO of Auto Plus, has announced the appointments of several key individuals to the leadership team. In June of this year, Icahn Enterprises completed its acquisition of substantially all of the assets of Uni-Select USA Inc.’s and Beck/Arnley Worldparts, which supported the U.S. automotive parts distribution business of Uni-Select Inc. The transaction included 38 distribution centers and satellite locations, 240 corporately owned jobber stores and more than 3,500 employees in the United States. Icahn Enterprises retained the Auto Plus brand name and Brent Windom was named president and CEO of Auto Plus.AdvertisementClick Here to Read MoreAdvertisement“We are beginning a new phase of growth with the support of Icahn Enterprises,” said Windom. “We are a strong and profitable, customer focused company with strong technological capabilities and an aggressive growth plan. The aftermarket parts industry is expected to expand significantly over the next five years. So, I am very pleased we were able to attract top talent in key leadership positions after our acquisition by Icahn Enterprises in June was finalized. Now our team is well-poised to pursue Auto Plus’ aggressive growth strategy.”Windom announced the following new appointments to the Auto Plus executive team:Mike Englert has been named chief financial officer of Auto Plus. Englert previously served as vice president, finance for the company. In this new role, Englert will oversee all financial functions of Auto Plus. Prior to joining Auto Plus, Englert, a Certified Public Accountant, served in Ernst and Young’s audit practice.Gary Desai was named chief information officer (CIO) of the organization, bringing to Auto Plus more than 30 years of Information Technology (IT) leadership and expertise. Desai will oversee all IT functions in this new role. Before his move to Auto Plus, Desai served as senior vice president, CIO, vice president, IT and Business Transformation and Director of Information Services for various organizations in the automobile industry.AdvertisementMatt Flannery has been appointed general counsel. In this new role, Flannery will oversee all legal matters for Auto Plus. Flannery joins Auto Plus from Goodyear Tire & Rubber Co., where he served as senior counsel. Prior to Goodyear, Flannery held the positions of senior litigation counsel at Cooper Tire & Rubber Co. and associate counsel for Jones Day law firm. He brings more than 20 years of legal experience to the company.Pete Bednarzyk was named senior vice president, supply chain. In his new role, Bednarzyk will manage all aspects of product flow, from manufacturers, to Auto Plus and its customers. Prior to his appointment, Bednarzyk served as senior director, supply chain for Home Depot. His more than 20 years of experience also includes supply chain management positions for Office Depot and FedEx.Elizabeth Johnson will serve as vice president of human resources. Johnson is a 20-year human resource practitioner, holding management positions with companies such as Anheuser-Busch and Uni-Select prior to Auto Plus.“These individuals will help us support the organization during our time of expansion through acquisitions and organic growth,” says Windom. “Our appointed executive team is comprised of industry experts and leaders who will be integral to the continued success of Auto Plus.”last_img read more

Statoil Sells Interest in TAP to Snam

first_imgStatoil has agreed to sell its 20% interest in Trans Adriatic Pipeline AG to the Italian gas infrastructure company Snam SpA for a total consideration of EUR 208 million (USD 220 million).This amount is for both Statoil’s shares in TAP and its pro-quota portion of the loans currently granted to TAP by its shareholders.The total consideration will be adjusted at closing, Statoil said.“We are pleased to announce this agreement with Snam which will realise value from our stake in TAP, of which we have been a part-owner since 2008. This divestment increases our financial flexibility and is in line with our strategy of portfolio optimisation and capital prioritisation,” says Jens Økland, executive vice president for Marketing, Midstream and Processing.Statoil and Snam have agreed to undertake the transaction provided certain conditions are met. The transaction is expected to close by end 2015.last_img read more

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MIQ to rebrand as Noatum Logistics

first_imgOver the upcoming weeks, MIQ’s website, invoices and email addresses will change to reflect the Noatum Logistics branding. The MIQ email systems will still be accessible and any correspondence sent to these addresses will be forwarded on to the new emails for an extended period of time, added Noatum.Following Noatum Logistics’ acquisition of MIQ in April 2019, the two companies have maintained separate branding. Now that the transition is almost complete, Naotum Logistics said it is time to launch “as a single global brand”.www.noatumlogistics.comwww.miq.comlast_img read more

Profits leap at Clifford Chance

first_imgMagic circle firm Clifford Chance says it has defied market uncertainty to post a ‘strong performance’ for the last financial year. The firm today said that its 2011/12 profits leaped by 13% to £431m while revenues rose by 7% to £1.3bn. Profit per equity partner was up by 7%, rising from £1m in 2010/11 to £1.07m last year. In 2010/2011 revenues crept up by just 2%. The biggest driver for growth appears to have been markets in the Asia Pacific region, where performance in China, Singapore and Australia drove revenues up by 28%. The region has acted as a buffer during continued upheaval in markets affected by the Eurozone crisis, managing partner David Childs said. ‘We are pleased with our strong performance last year, particularly against the backdrop of continued uncertainties in the Eurozone which have affected clients and markets globally. ‘All regions experienced growth, with our litigation and dispute resolution practice and Asia Pacific operations enjoying a particularly good year.’ The firm now has 34 offices in 24 countries, employing around 3,400 legal advisers in total. The announcement comes on the back of a financial statement earlier today by Allen & Overy, with fellow magic circle firms Freshfields and Linklaters expected to reveal their figures later this week.last_img read more

Most victims unable to access legal aid

first_imgSix out of 10 domestic violence victims are unable to get access to legal aid, a survey by women’s rights charities has revealed.The report, Evidencing domestic violence: a barrier to family law legal aid, published by Women’s Aid, Welsh Women’s Aid and Rights of Women, says the new evidence requirements for accessing legal aid for family law cases, which came into effect in April 2013, are too onerous for many people to meet.Two surveys of 377 victims between 1 April and 31 July 2013 showed 61% of the women who had experienced or were experiencing domestic violence took no action in the family courts because they were unable to apply for legal aid. Of the rest, 28% paid a solicitor privately and 16% represented themselves.Half of the women surveyed did not have the prescribed forms of evidence needed to access family law legal aid, 17% had to pay more than £50 to obtain copies of the required evidence and 38% had to wait longer than two weeks to get copies of the evidence.Emma Scott, director of Rights of Women, said that by restricting legal aid only to those who can produce narrow forms of evidence, the government is denying women and children access to remedies that can keep them safe.Polly Neate, chief executive at Women’s Aid, said: ‘The government made a promise that survivors of domestic violence would not lose out under legal aid proposals, but this research demonstrates the new restrictions leave many women unable to access justice.’ She called on the government to allow more forms of evidence, ensure copies of that evidence can be obtained for free and to ensure there are enough family lawyers.last_img read more

Alstom awarded ETCS Level 2 contracts

first_imgEUROPE: Alstom has announced contracts to supply ETCS onboard equipment to Belgium’s SNCB and Deutsche Bahn in Germany. The SNCB contract is worth €70m and covers the design, supply and maintenance for 10 years of Atlas 200 ETCS Level 2 onboard equipment for 449 trains of five types. Installation is to be undertaken by SNCB from 2016.Alstom is currently deploying Atlas 200 in Denmark, Germany, Austria and Australia, with its order from SNCB being the fifth for ETCS Level 2 equipment compliant with Baseline 3 specifications. Meanwhile, DB has awarded Alstom a €23m contract to equip 40 ICE1 high speed trainsets, including six years of software maintenance. There is an option to equip a further 19 trainsets. The ICE1 trainsets will operate on the high speed line between Berlin, Leipzig/Halle, Nürnberg and München from December 2017, with some running to Basel under ETCS Level 1 limited supervision.last_img read more

EBRD backs grain transport modernisation in Ukraine

first_imgUKRAINE: Agricultural produce merchant Louis Dreyfus Co is to establish a wagon logistics business with a fleet of up to 1 000 grain hoppers, backed by an US$35m EBRD loan.The bank said this would help to increase competition and market efficiency in the country, which is of growing in importance on the global grain market. Ukraine expects to harvest more than 72 million tonnes of grain this year, with more than 50 million tonnes to be exported and 70% of the export traffic being transport by rail. However, much of the wagon fleet is at the end of its design life.Obtaining new vehicles would enable LDC to diversify its grain transport methods, with the expected reduction in the use of road transport cutting CO2 emissions by 8 510 tonnes/year.EBRD is to invest up to US$100m in a US$600m bond issue by national railway Ukrzaliznytsia. The bonds will be listed on the Euronext Dublin, and the proceeds used for infrastructure rehabilitation on priority routes, predominantly on TEN-T corridors.last_img read more

Broward County Offers Convenient Online Services with COVID-19 Threat

first_imgBROWARD COUNTY –  The County’s Records, Taxes and Treasury Division offers several ways to pay taxes, renew automobile registration, and more without requiring a visit to the Tax Collector’s Office at the Main Governmental Center in downtown Fort Lauderdale. Given the concerns and uncertainty surrounding Coronavirus (COVID-19) and possible impacts to business operations, there are online options available.– Property Taxes Due March 31st –All property taxes not paid by April 1, 2020, become delinquent and subject to additional interest and fees. For the fastest and most convenient way to pay your tax bill, visit broward.county-taxes.com to make an online payment of your 2019 tax bill by eCheck, credit or debit card. Payments by eCheck are free; payments by credit or debit card are charged an online convenience fee. County Tax Payments can also be made at any Wells Fargo Bank in Broward County with a copy of your tax bill.  – Other Online Services –Visit Broward.org/RecordsTaxesTreasury for links to convenient services that include motor vehicle title and registration, obtain a copy of your certificate of title, and more auto-tag related services. The website also offers links for official records searches, links to important county and statewide recording forms, and local business tax and tourist development tax information and documents.For more information, call 954-831-4000, or visit Broward County’s Records, Taxes and Treasury website at broward.org/RecordsTaxesTreasury.For more information on COVID-19 in Broward County, visit Broward.org/Coronavirus.last_img read more

Peregrine Introduces 18 GHz UltraCMOS RF Switches

first_imgPeregrine Semiconductor has introduced the UltraCMOS® PE42542 and PE42543 18 GHz SP4T broadband RF switches. With this launch Peregrine has expanded its high frequency switch portfolio which was launched in 2013 with the PE42520 and PE42521 SPDT 13 GHz switches. This series is one of the first RF SOI switches to deliver a high-performance alternative to incumbent gallium arsenide (GaAs) technology.Peregrine’s in house high-frequency design expertise coupled with their UltraCMOS technology has enabled them to break the 13 GHz RF SOI barrier last year and expand their high-frequency portfolio to 18 GHz today with a roadmap to many more high-frequency components. The new switches uniquely offer test-and-measurement, wireless backhaul and military systems designers additional features, such as broad bandwidth, low-frequency power handling, high ESD protection and a fast settling time.Peregrine’s entire high-frequency portfolio features high linearity that meets or exceeds GaAs switch performance across the entire frequency band. Because they are based on UltraCMOS technology, the components in the portfolio feature several attributes that GaAs technology cannot match, including: PE42542 – Product Details, Images & DatasheetPE42543 – Product Details, Images & Datasheet Broad bandwidth that maintains performance across the frequency range Low-frequency power handling that maintains signal fidelity as the power passes through Fast settling time that avoids the gate-lag phenomenon High linearity of 58 dBm (IIP3) that ensures minimal signal compression High ESD rating that offers four times more protection Low power consumption that uses less than 5 percent powercenter_img In addition to these advantages, Peregrine’s UltraCMOS PE42542 and PE42543 18 GHz RF switches offer standard 1.8V and 3.3V input logic control and consistent performance across a wide, 2.3V to 5.5V supply range. For special RF requirements, PE42543 sports a fast switching time of 500 ns.Packaging, Pricing and AvailabilityThe Switches are offered in a RoHS compliant, 29-lead 4×4 mm LGA package, the PE42542 and PE42543 are each $18.15 for 10K-quantity orders.last_img read more