Hanon Systems Changes Executive Structure; Appoints New CEO

SEOUL, South Korea, Jan. 17, 2021 /PRNewswire/ — Global automotive supplier Hanon Systems (KS: 018880) today announced its board of directors has approved an executive structure change that reduces its representative officers from three to two. The new structure is effective immediately.

<a href="https://mma.prnewswire.com/media/412960/Hanon_Systems_Logo.html" target="_blank"…

SEOUL, South Korea, Jan. 17, 2021 /PRNewswire/ — Global automotive supplier Hanon Systems (KS: 018880) today announced its board of directors has approved an executive structure change that reduces its representative officers from three to two. The new structure is effective immediately.

Since 2019, Hanon Systems has been led by three representative executive officers: Jeong Won (Jay) Son, president and chief executive officer; Nurdal Kücükkaya, president; Min Suk Sung, executive vice president. 

Aligned with this change, Jay Son, who joined the company at its inception in 1986, transitions to the new role of vice chairman and relinquishes his day-to-day responsibilities to serve as an executive advisor to the company. Min Suk Sung succeeds Jay Son as president and chief executive officer. He serves as co-lead of the company along with Corporate President Nurdal Kücükkaya.

Hanon Systems Chairman of the Board and Chairman of Hahn & Company, the company’s majority shareholder, Yeo-Eul Yoon said, «Hanon Systems is well-positioned to continue delivering shareholder value through its innovative automotive thermal and energy management solutions. Speaking on behalf of the board, we remain confident in the ability of Min and Nurdal to lead this company, and further maximize operational efficiency and exceed customer expectations, and we thank Jay for his many contributions that have laid the solid foundation we have today.»

About Hanon Systems
Hanon Systems is a full-line supplier of automotive thermal and energy management solutions for electrified and conventional vehicles. Its offering includes a wide range of solutions in the areas of heating ventilation and air conditioning; powertrain cooling; compressor; fluid transport; and electronics and fluid pressure. The company currently operates 51 manufacturing sites and three technical innovation centers, and employs more than 21,000 people across 21 countries. To learn more, visit hanonsystems.com

Follow Hanon Systems:
LinkedIn: https://www.linkedin.com/company/hanonsystems 
YouTube: https://www.youtube.com/channel/UC6bSZ7NMg7LPhXDyTOMwebQ/feed

 

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SOURCE Hanon Systems

Westline Capital Strategies Launches Softwood Lumber Industry Resource Center

CLEVELAND, Jan. 17, 2021 /PRNewswire-PRWeb/ — Companies and investors can easily access key industry information at the Softwood Lumber Industry Resource Center, which became available today at Westline Capital Strategies.

Greg Kuta, founder of Westline Capital Strategies, developed the growing collection that references a wide mix of associations, specialized industry reports, news sources, data sources and other information.

The new Softwood Lumber…

CLEVELAND, Jan. 17, 2021 /PRNewswire-PRWeb/ — Companies and investors can easily access key industry information at the Softwood Lumber Industry Resource Center, which became available today at Westline Capital Strategies.

Greg Kuta, founder of Westline Capital Strategies, developed the growing collection that references a wide mix of associations, specialized industry reports, news sources, data sources and other information.

The new Softwood Lumber Industry Resource Center is available here:

https://westlinecapital.com/resources

«I wanted to create a convenient way for businesses and individuals to access timely perspectives, relevant stats and forecasts,» Kuta said. «I’ll continue to expand the center, which reflects the changes and the challenges we all face within the softwood lumber industry.»

Over time, the center will also highlight top influencers, books, white papers and other industry knowledge, Kuta said.

«Awareness and education are vital for anyone who has an interest in lumber,» Kuta said. «I want to do my part to help people find what they need all in one place.»

About Westline Capital Strategies

Westline Capital Strategies is a full service commodities/futures brokerage firm that specializes in the development and implementation of high probability risk management and speculative trading strategies geared toward the softwood lumber industry trading the Chicago Mercantile Exchange’s lumber futures and options, stock indices, interest rates and the currency futures and options markets.

https://westlinecapital.com

Media Contact

Greg Kuta, Westline Capital Strategies, +1 216-932-7228, info@westlinecapital.com

 

SOURCE Westline Capital Strategies

City Council Dist 3 Candidate Robby Hill Unveils Plan for Florence to Lead Economic Recovery

FLORENCE, S.C., Jan. 16, 2021 /PRNewswire-PRWeb/ — The economy of Florence, like many others in the nation, has been ravaged by the Covid-19 pandemic. The lack of adequate delivery and dispensing of the vaccine has pushed the economic recovery that is yet to come deeper into 2021. The mandates to school from home have further damaged the economy trapping families in their homes and keeping parents out of the workforce.

No other candidate has as much experience in job creation than <span…

FLORENCE, S.C., Jan. 16, 2021 /PRNewswire-PRWeb/ — The economy of Florence, like many others in the nation, has been ravaged by the Covid-19 pandemic. The lack of adequate delivery and dispensing of the vaccine has pushed the economic recovery that is yet to come deeper into 2021. The mandates to school from home have further damaged the economy trapping families in their homes and keeping parents out of the workforce.

No other candidate has as much experience in job creation than Robby Hill. Hill has been an entrepreneur since the age of 17; having received accolades from the State of SC, SBA, and The White House recognizing his entrepreneurial spirit at such a young age. Hill has served on the board of the SC Chamber of Commerce, Florence Chamber of Commerce and Chaired the inaugural Coker University Leadership & Entrepreneurial Advisory Council.

Today Hill presents his 5 step plan to ensure the City of Florence leads the economic recovery necessary. Hill stated: «The pain of our small business community can not be ignored as they have had to pivot endlessly and fight enormous economic headwinds for much of 2020 and now it continues into 2021. Our City must not be passive in the recovery efforts to help our business owners to protect their work and the jobs that they have created.»

The RebuildFLO plan includes opening a City Office of Economic Development to coordinate efforts across the City to attract, create, and retain jobs. The City needs to launch a revolving loan fund for small business, draw attention to and coordinate continued shop local campaigns, and offer flexible payment plans for business licenses. Finally the City should leverage federal opportunity zone’s within the City to usher in a new wave of blockbuster job-creating economic development projects.

Dr. John Keith; a prominent entrepreneur and early investor in Florence’s revitalized downtown has reviewed Hill’s plan. «I have known Robby Hill for over a decade and he is a respected business leader with the experience and the vision to lead our economic revival. He has demonstrated leadership and knowledge of the issues business owners such as myself face.»

Hill’s economic recovery plan is but one of several key policy initiatives the campaign has put forth. Hill also consulted with advisors and crafted a sweeping violent crime prevention plan. Hill has stated he wishes to present more than just talking points as he sets out his vision for what the District 3 Councilmember can accomplish.

The special Republican Primary for City Council District 3 is January 26th. The campaign encourages voters to visit http://www.robbyhill.com for more information and further updates.

Media Contact

Robby Hill, Robby Hill for City of Florence, +1 8434324010, robby@robbyhill.com

Twitter, Facebook

 

SOURCE Robby Hill for City of Florence

Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit

ABU DHABI, United Arab Emirates, Jan. 16, 2021 /PRNewswire/ — H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.

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ABU DHABI, United Arab Emirates, Jan. 16, 2021 /PRNewswire/ — H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.

His speech on national resilience in the face of COVID-19 at the ADSW Summit on 19 January, will follow the keynote by His Excellency Dr. Sultan Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and Special Envoy for Climate Change and Chairman of Masdar, and is expected to help set the agenda for a green recovery in a post-pandemic world.

ADSW Summit will feature more than 70 high-level speakers from around the world and broadcast online across different time zones to engage audiences across various geographies and markets. The agenda runs over three two-hour sessions that focus on the pillars of «Live & Move,» «Care & Engage,» and «Work & Invest,» with each pillar exploring social, economic and technological opportunities to set and support a sustainable recovery.

The speakers at the one-day virtual ADSW Summit will also include: H.E. Khaldoon Khalifa Al Mubarak, Managing Director and Group CEO Mubadala Investment Company; H.R.H Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO, KBW Ventures; H.E. Grace Fu, Minister for Sustainability and the Environment of the Republic of Singapore; H.E. Sheikha Bodour bint Sultan Al Qasimi, Founder & CEO, Kalimat Publishing Group; H.E. Eng. Awaidha Murshed Al Marar, Chairman of Abu Dhabi Department of Energy; Francesco La Camera, Director General, IRENA; Maimunah Mohd Sharif, Executive Director UN-Habitat; Noel Quinn, Group Chief Executive Officer, HSBC Holdings; Laurence Fink, Chairman and CEO BlackRock; and Dr. Lucas Joppa, Chief Environmental Officer, Microsoft, in addition to many other high-level speakers.

ADSW 2021, which is supported by Abu Dhabi’s Department of Energy as a Principal Partner, will feature a series of high-level virtual events, including the ADSW Summit, IRENA Assembly, Abu Dhabi Sustainable Finance Forum, Atlantic Council Global Energy Forum, Youth 4 Sustainability Virtual Forums and the World Future Energy Summit Webinars.

Through initiatives and events, ADSW is committed to the sharing of knowledge, implementation of strategies and the delivery of real-world solutions to address the challenges related to sustainability and climate change. As the first global event in the UAE’s Golden Jubilee year, ADSW 2021 will help galvanize further collaboration among government, business and community stakeholders to achieve the United Nations’ Sustainable Development Goals

For over a decade, Abu Dhabi has provided a sustainable platform for the global community that has grown through its initiatives and events to emerge as a thought leader and catalyst that accelerates sustainable development around the world.

The 2020 edition of Abu Dhabi Sustainability Week hosted around 45,000 attendees from 170 countries, with more than 500 high-level speakers from around the world.

To ensure the safety of all participants, ADSW 2021 and all related high-level events will take place virtually. The physical program of ADSW will return in 2022.

Register now for the ADSW Summit at www.adsw.ae

About Abu Dhabi Sustainability Week

Abu Dhabi Sustainability Week (ADSW) is a global platform for accelerating the world’s sustainable development. The week brings together a unique fusion of policy makers, industry specialists, technology pioneers and the next generation of sustainability leaders. Through its initiatives and events, ADSW is a catalyst for sharing knowledge, implementing strategies and delivering solutions to drive human progress.

ADSW is committed to furthering our understanding of the major social, economic and environmental trends shaping the world’s sustainable development. 

About Masdar

Abu Dhabi’s renewable energy company Masdar is advancing the commercialization and deployment of renewable energy, sustainable urban development and clean technologies to address global sustainability challenges. Wholly owned by Mubadala Investment Company, the strategic investment company of the Government of Abu Dhabi, our mandate is to help maintain the UAE’s leadership in the global energy sector, while supporting the diversification of both its economy and energy sources for the benefit of future generations. Today, Masdar is active in more than 30 countries, including the UAE, Jordan, Saudi Arabia, Mauritania, Egypt, Morocco, the UK, the US, Australia, Spain, Serbia, India, Indonesia, Uzbekistan, and many more.

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SOURCE Abu Dhabi Sustainability Week

IM what I am

SHANGHAI, Jan. 16, 2021 /PRNewswire/ — In Shanghai, China, CES, Las Vegas and London, UK launched simultaneously the brand of Zhiji Motors, jointly founded by SAIC Motor, Zhangjiang Hi-Tech and Alibaba: IM Motors, a high-end intelligent pure electric vehicle brand was newly born. Adhering to the brand proposition of ‘IM what I am’, IM Motors coexists with users in the era of AI, defining what a car…

SHANGHAI, Jan. 16, 2021 /PRNewswire/ — In Shanghai, China, CES, Las Vegas and London, UK launched simultaneously the brand of Zhiji Motors, jointly founded by SAIC Motor, Zhangjiang Hi-Tech and Alibaba: IM Motors, a high-end intelligent pure electric vehicle brand was newly born. Adhering to the brand proposition of ‘IM what I am’, IM Motors coexists with users in the era of AI, defining what a car should look like and becoming «the leader of intelligent mobility in the era of intelligence».

IM Motors: IM what I am

The Chinese brand name «Zhiji» was derived from the Great Appendix in The Book of Changes. «His knowledge embraces all things, and his course is helpful to all under the sky». It is intended to use wisdom to understand all things, to diligently explore, to define, create and realise the consumer’s travelling needs in the era of AI. The English brand name, ‘IM’, means Intelligence in Motion, which is a rational reflection of the evolving direction of intelligent vehicles: an intelligent vehicle that focuses on the collaboration and achievements of artificial and human intelligence.

The brand logo contains a digital code from 0 to 1, which is concise and changeable to create a new world. In the era of big data, the icon is composed of 0 and 1, uses simple, friendly and interconnected language to reflect the tension of intelligent technology. To create a new era of smart mobility with consumers in the new era, the brand logo expresses the voice of a reformer with an artistic perception.

«IM what I am» and IM Motors have focused on consumers’ self-identity and self-expression. The ‘I’ in the new era is seeking, defining and realising its value in a complex world. IM Motors wants to be distinct and create tomorrow. The concurring ‘I’s’ form a ‘we’ to create a better world together.

IM Motors: What a car should be in the era of intelligence

The irreversible change in this era has given IM Motors a new question: What a car should be in the era of intelligence?

A car in the intelligent era should be able to communicate the feeling of facing sun, moon, stars, mountains, ocean and flower bloom and fall with users. IM Motors’ intelligent operating system, termed IMOS, is the first of its type in the world. With unprecedented intelligent multi-scenes, it creates the vehicle’s boundless cross-screen display, which has a flexible and multi-domain fusion. It can switch the interactive content to provide the driver with an exhilarating experience. The interaction between the human and the vehicle flows like boundless water and provides a sense of living, which is a new expectation and a technological experience for a new generation of users.

A car in the intelligent era should be a partner who can always co-exist with users and provide them with the best driving experience. IM Motors integrated the underlying functions and realised the system capability of SOA’s service atomised architecture, including a five-lane super god perspective and a full scene driving control (for example, mountain road and rest scenes). The appeal of SOA Service atomisation lies in that people’s needs are felt by the car and there is no need to discuss it. A thousand scenes provide a thousand self-creations.

A car in the intelligent era should also become a confidant for users to express, share and co-create in the 5G era. The DLP & ISC intelligent lighting systems are IM Motors’ first choice, which enables users to show their goodwill to the surroundings. The car’s intelligent camera system, Carlog, has three wide-angle cameras with a total of 150 million pixels and supports 4K video, 180° distortion-free wide-angle shooting. Comparable with smartphones, it also integrates many new functions, such as high-range dynamic, a 480 frame slow-motion and night scene shooting, delayed photography, instant generation, a master template, one-click sharing etc. In the 5G era, it creates a social sharing experience for users to instantly share.

A car in the intelligent era can solve the «pain point of automatic driving with Chinese characteristics» for users. Based on a scalable IPD intelligent driving centre supporting multiple Orin chips (500-1000Tops), vision-based and compatible with laser software and hardware architecture redundancy scheme, IM Motors is accelerating the implementation of a door-to-door Pilot. The first mass-produced vehicle was equipped with 15 high-definition visual cameras, 5-millimetre wave radars and 12 ultrasonic radars. This was the standard visual perception solution to realise «urban intelligent navigation + high-speed intelligent navigation + centimetre level high-precision fixed-point automatic parking». Based on the road conditions and driving habits in China, the system can automatically record, upload, label, model train and update through the Data-Driven core algorithm architecture. With government permission, it can open high-precision maps to realise the «full scene, most continuous, zero takeover» automatic driving, to fully liberate the user’s time and bring them a completely humanised automatic driving experience.

A car in the intelligent era should completely relieve users’ deeper anxiety about the adoption of new energy. In the future, IM Motors will be equipped with the standard 93kWh and high configuration 115kWh Si doped lithium-ion batteries, with performance exceeding 30% to 40% of the industry-leading level. The battery has the highest safety level of 300wh/kg ultra-high monomer energy density, which never spontaneously combusts. Relying on this battery, IM Motors can support a maximum endurance of almost 1000km in the complete architecture bandwidth and can achieve zero attenuation performance of 200,000 km. At the same time, the world’s first mass-production 11kw high-power wireless charging eliminates the need for wired charging and enables users to obtain an electric vehicle with constant energy and safety.

The realisation of these intelligent technologies depends on Data-Driven, which is the core IM Motors concept and product iteration. IM Motors’ exclusive data factory will reconstruct the internal logic of development and iteration from the bottom, build a data-driven business flywheel system, continuously drive the optimisation of product and service experience through the data provided by users and AI algorithm closed-loop, and finally make data become the core driving force of product and brand optimisation iteration.

This is what a car in the era of intelligence has to offer and what a car should be.

IM Motors: Let us be one

Data endows a car with intelligence and art endows a car with soul. IM Motors partner program’s core value is that users pursue more humanised products and service experiences so that they will yearn for richer and a more connotative humanistic experience and exchange.

IM Motors partner with a multi-award-winning British design and architecture studio founded by the world-renowned designer Thomas Heatherwick—who is known as «Da Vinci of our times». Heatherwick Studio will cooperate with IM Motors to design a vehicle and charging stations. An international cross domain art team, teamLab, will work with IM Motors to explore the future of vehicle intelligent interaction and create an immersive art experience. The co-founder of the Tianyi culture fund, Jiang Qionger, will explore and realise the progress of art and technology integration. Williams Advanced Engineering, the pioneer explorer in high-end automobile lightweight, battery technology and product optimisation will ensure that every IM Motors user can enjoy the exhilaration of driving high-performance electric vehicles.

For users, the «I» of IM Motors will grow daily from Bilibili, Xiao Hong Shu, GeekPark, etc. Among them, IM Motors will work with the British Council to explore art, education, culture, etc. to stimulate creative expression and exchanges between the Chinese and British youth. This will help young people to understand the brand proposition ‘IM what I am’. In the future, more talented and enthusiastic young people will work with IM Motors to make their passion the passion of users.

IM Motors: Two new mass-produced vehicles were launched

At the brand launch, IM Motors launched two new mass-production cars with unprecedented «IM SPEED«—the Intelligent Pure Electric Car and SUV.

The new mass-production vehicles are produced by the world’s top car and international designers. With a desire to design life, the new cars integrated seemingly opposite design elements, such as science & technology with human nature, art, nature and oriental aesthetics. This endows IM Motors with wisdom, emotion and a new life with unlimited possibilities. In the process of simplification, it is expected that the company will create a brand base that integrates AI and human intelligence to design space for users’ five senses.

According to the plan, IM Motors first mass-production models will gain global bookings during the Automobile Shanghai in April 2021. Here, they will provide more product details and user experience solutions.

Using science and technology to reconstruct the future technology, IM Motors can create a car full of humanities and art sense. In the future, IM Motors will rely on science and technology, respect humanity and create a new mobility experience. In the journey of exploring a software designed car, the new models present what a prototype of future intelligent cars.

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SOURCE IM Motors

Thermostat Recycling Corp.’s Mercury-Containing Thermostat Collection Down 35%

NEW YORK, Jan. 15, 2021 /PRNewswire/ — Thermostat Recycling Corp. (TRC) collected 35% less pounds of mercury from thermostats in 2020, when compared with its efforts in 2019. It collected 892 pounds of mercury in 2020, compared with 1,370 pounds in 2019.

NEW YORK, Jan. 15, 2021 /PRNewswire/ — Thermostat Recycling Corp. (TRC) collected 35% less pounds of mercury from thermostats in 2020, when compared with its efforts in 2019. It collected 892 pounds of mercury in 2020, compared with 1,370 pounds in 2019.

There were 85,351 mercury thermostat unit collected and recycled in 2020 compared with 134,022 in 2019, a decline of 36%.

«The coronavirus pandemic greatly affected our collection efforts last year,» said Danielle Myers, operations & compliance manager, TRC. «While we have worked vigorously at recycling mercury-containing thermostats, the coronavirus pandemic accentuated this dramatic decrease.» 

TRC’s top 10 recycling partners by pounds of mercury are:

Johnstone Supply

177.8346

R. E. Michel Co.

83.6938

United Refrigeration

32.0044

Brownell Ent. (HVAC contractor)

21.7

Ferguson

21.421

Us Air Conditioning Distributors (USACD)

21.2474

F.W. Webb

17.515

Watsco

16.4362

Lennox

16.3804

Sid Harvey

15.2396

The top three states in the United States for recycling the thermostats are California, Illinois and Pennsylvania.

The collection numbers reached a peak in 2014 with 203,346 units.

«TRC, like most companies and organizations, felt the overwhelming impact of this unprecedented pandemic,» Myers said. «Yet when the opportunity presented itself, our partners continued to maintain a commitment to ensuring that they safely recycled mercury-containing thermostats. Despite the additional concerns they faced, they never flinched during this coronavirus pandemic.» 

About Thermostat Recycling Corporation
Thermostat Recycling Corp., founded in 1998, is an industry-funded nonprofit corporation supported by 30 manufacturers that historically branded and sold mercury thermostats in the United States. TRC maintains a network of more than 3,600 collection sites nationwide and has recovered more than 2.5 million thermostats, containing 12 tons of mercury, since its inception. TRC assumes all costs to transport and properly dispose of mercury switch thermostats recovered from service. To learn more about TRC, visit www.thermostat-recycle.org.

Contact: Tom Peric, 856-874-0049, tom@pericpr.com

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SOURCE Thermostat Recycling Corporation

Author Andrew Faas issues open letter to Corporate America

TORONTO, Jan. 15, 2021 /PRNewswire/ – Andrew Faas, founder of the Faas Foundation and author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire’ has released the following message to corporate America:

<a href="https://mma.prnewswire.com/media/1421642/The_Faas_Foundation_Author_Andrew_Faas_issues_open_letter_to_Cor.pdf?p=original" target="_blank"…

TORONTO, Jan. 15, 2021 /PRNewswire/ – Andrew Faas, founder of the Faas Foundation and author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire’ has released the following message to corporate America:

Last week we witnessed the near demise of democracy. Today and for the foreseeable future we will experience its fragility. Much of the blame for this rests on your shoulders. Your response to the financial meltdown of more than a decade ago set the stage for this. More recently you were warned when Bridgewater’s Ray Dalio and J.P. Morgan’s Jamie Dimon expressed that unless capitalism is reformed there will be «class warfare.»  I reported on this in an article for The Hill called ‘The Wealth Gap is Real, But Capitalism Can Work For All’ (May 17, 2019).

Shortly after this, in response to the warning, 181 of you signed the Business Roundtable’s ‘Statement of Purpose,’ redefining the purpose to be one that delivers value to all stakeholders, not just shareholders.  Something that gave many of us some hope. That hope was destroyed a year later in September of 2020, when the ‘Test of Corporate Purpose Initiative’ exposed the statement as nothing but empty rhetoric. Worse yet, all too many of you are still entrenched in the shareholder above all others mindset, at the expense of your other stakeholders, many of whom are destitute. 

A recent Harris Poll on behalf of the American Psychological Association found that nearly 8 in 10 adults (78%) say the coronavirus pandemic is a significant source of stress in their lives, while 3 in 5 (60%) say the number of issues America faces is overwhelming. Further, a November 2020 study by Ceridian indicates 64% of workers (one of your major stakeholders) want to quit their jobs; a pretty damming condemnation on just how your employees feel. In early March, Mental Health America and the Faas Foundation will issue their third annual ‘Mind the Workplace’ report which validates the Ceridian study, in that the majority of workers want to quit and highlights how badly you, as their employers, have responded to the COVID-19 crisis.

Since the attempted coup of January 6th, many of you have made pronouncements against those who are complicit and distanced your companies from their benefactors, which some may applaud; however, if you had heeded the «civil war» warning almost two years ago, and better handled the COVID-19 crisis, it would have given these pronouncements some credibility.

Assuming there will not be a coup before January 20th, a new era begins. A recovery effort is required as daunting as what President Roosevelt faced because of the Great Depression. Key to the recovery is unifying the country; everyone working towards a common purpose. I indicated in my article in The Hill, the country needs to re-ratify the international covenant of economic, social and cultural rights that went into force in 1976.  The covenant espouses the right to work in just and favorable conditions; to social protections; an adequate standard of living and the highest standards of health; and the right to education and cultural benefits. 

To date, most of you have viewed this as socialist propaganda. This was highlighted by Ken Griffin, founder of Citadel, when he at the same conference where Dalio and Dimon gave their «civil war» warning, blamed people for «not understanding history» suggesting that if they followed the collapse of the Soviet Union, they would not heed the far-left agenda. For this you must take some responsibility in aiding and abetting, through your business coalitions, the far right in the distortion and myths on so called socialism and the far-left agenda. The Republican core bought into this, which may be due to the Department of Education’s calculation that 54 percent of America’s population of adults aged 16-74 lack proficiency in literacy – reading below the equivalency of a sixth grade level.

So rather than going through a history lesson on the collapse of the Soviet Union people should learn a lesson on how a country like Norway whose GDP at $67,986 comes in at number 5 out of 20 countries in the United Nations’ World Happiness Report and the United States whose GDP is lower at $63,051 and comes in at number 18 on the happiness index.

Using the same 20 countries as a comparison to multiple indexes published by organizations such as The World Bank, OECD, World Economic Forum, and The United Nations you will find that America ranks at the bottom or close to it in almost every one; and Norway ranks at the top or close to it in almost every one. 

No doubt some of you will argue that people in Norway pay more tax than Americans, which is correct as Norway’s average tax rate is 4.8 percent points higher at 38.2 compared to the United States’ 33 percent; which I would argue, the Norwegian’s get more for their buck in return; and Norway has been and is delivering on the international covenant of social and cultural rights; and America has and is not.

The core base of the far right (many of whom are your employees) are fighting to make America great again; they are fighting to protect America’s way of life; and they are fighting to protect America from socialism. Last week we witnessed the extent to which they will go. Armed marches on Capitol Hill and all State Capitals are being organized for January 17th, again testing democracy. As employers, you are in the best position of any group to diffuse the emotions before this potential civil war by convincing your people that America can become great when its socio/economic system becomes more aligned to that of Norway’s. Following this, you and your colleagues need to make a choice whether to continue to be bound by a shareholder-only business model or to one that insures citizens enjoy the rights to work in just and favorable conditions, social protections, an adequate standard of living, the highest standards of health and the right to education and cultural benefits. If you do not choose the latter, there will be uprisings that will make what the country is going through today look like tiddlywinks.

Andrew Faas is the author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire,’ Founder of the Faas Foundation, and a Public Voices Fellow at Yale University.

Media Contact: Patrick Mundt
949-887-0633 | pmundt@faasfoundation.org

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SOURCE The Faas Foundation

Hydro One Fourth Quarter 2020 Results Release February 24, 2021 – Before Markets Open

Investment Community Teleconference Set for February 24, 2021 at 8 a.m. ET

TORONTO, Jan. 15, 2021 /PRNewswire/ – Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its fourth quarter financial results the morning of February 24, 2021 before North American financial markets open. A summary of the…

Investment Community Teleconference Set for February 24, 2021 at 8 a.m. ET

TORONTO, Jan. 15, 2021 /PRNewswire/ – Hydro One Limited (TSX: H), the largest electric transmission and distribution utility in Ontario, plans to release its fourth quarter financial results the morning of February 24, 2021 before North American financial markets open. A summary of the results will be distributed by newswire and the complete MD&A and financial statements will be posted at hydroone.com/investors and www.sedar.com.

Hydro One’s management will host a teleconference with the investment community at 8 a.m. ET that same morning to discuss the results and outlook. Those wishing to listen to the teleconference should access the live webcast on the Investor Relations Events and Presentations section of Hydro One’s website at www.hydroone.com/investors. A rebroadcast of the teleconference will be available following the call at the same link.

Those members of the North American financial community wanting to ask questions during the call should dial 1.866.221.1674 at least ten minutes prior to the scheduled start time and request Hydro One’s fourth quarter results teleconference, conference ID 2928829 (international callers should dial 1.270.215.9604).  Other interested parties and media are welcome to participate on a listen-only basis.

Hydro One Limited (TSX: H)
Hydro One Limited, through its wholly-owned subsidiaries, is Ontario’s largest electricity transmission and distribution provider with approximately 1.4 million valued customers, approximately $27.1 billion in assets as at December 31, 2019, and annual revenues in 2019 of approximately $6.5 billion.

Our team of approximately 8,800 skilled and dedicated employees proudly build and maintain a safe and reliable electricity system which is essential to supporting strong and successful communities. In 2019, Hydro One invested approximately $1.7 billion in its transmission and distribution networks and supported the economy through buying approximately $1.5 billion of goods and services.

We are committed to the communities where we live and work through community investment, sustainability and diversity initiatives. We are designated as a Sustainable Electricity Company by the Canadian Electricity Association.

Hydro One Limited’s common shares are listed on the TSX and certain of Hydro One Inc.’s medium term notes are listed on the NYSE. Additional information can be accessed at www.hydroone.com; www.sedar.com or www.sec.gov.

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SOURCE Hydro One Limited

Author Andrew Faas issues open letter to Corporate America

TORONTO, Jan. 15, 2021 /PRNewswire/ – Andrew Faas, founder of the Faas Foundation and author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire’ has released the following message to corporate America:

Last week we witnessed the near demise of democracy. Today and for the foreseeable future we will experience its fragility. Much of the blame for this rests on your shoulders. Your response to the financial meltdown of more than a decade…

TORONTO, Jan. 15, 2021 /PRNewswire/ – Andrew Faas, founder of the Faas Foundation and author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire’ has released the following message to corporate America:

Last week we witnessed the near demise of democracy. Today and for the foreseeable future we will experience its fragility. Much of the blame for this rests on your shoulders. Your response to the financial meltdown of more than a decade ago set the stage for this. More recently you were warned when Bridgewater’s Ray Dalio and J.P. Morgan’s Jamie Dimon expressed that unless capitalism is reformed there will be «class warfare.»  I reported on this in an article for The Hill called ‘The Wealth Gap is Real, But Capitalism Can Work For All’ (May 17, 2019).

Shortly after this, in response to the warning, 181 of you signed the Business Roundtable’s ‘Statement of Purpose,’ redefining the purpose to be one that delivers value to all stakeholders, not just shareholders.  Something that gave many of us some hope. That hope was destroyed a year later in September of 2020, when the ‘Test of Corporate Purpose Initiative’ exposed the statement as nothing but empty rhetoric. Worse yet, all too many of you are still entrenched in the shareholder above all others mindset, at the expense of your other stakeholders, many of whom are destitute. 

A recent Harris Poll on behalf of the American Psychological Association found that nearly 8 in 10 adults (78%) say the coronavirus pandemic is a significant source of stress in their lives, while 3 in 5 (60%) say the number of issues America faces is overwhelming. Further, a November 2020 study by Ceridian indicates 64% of workers (one of your major stakeholders) want to quit their jobs; a pretty damming condemnation on just how your employees feel. In early March, Mental Health America and the Faas Foundation will issue their third annual ‘Mind the Workplace’ report which validates the Ceridian study, in that the majority of workers want to quit and highlights how badly you, as their employers, have responded to the COVID-19 crisis.

Since the attempted coup of January 6th, many of you have made pronouncements against those who are complicit and distanced your companies from their benefactors, which some may applaud; however, if you had heeded the «civil war» warning almost two years ago, and better handled the COVID-19 crisis, it would have given these pronouncements some credibility.

Assuming there will not be a coup before January 20th, a new era begins. A recovery effort is required as daunting as what President Roosevelt faced because of the Great Depression. Key to the recovery is unifying the country; everyone working towards a common purpose. I indicated in my article in The Hill, the country needs to re-ratify the international covenant of economic, social and cultural rights that went into force in 1976.  The covenant espouses the right to work in just and favorable conditions; to social protections; an adequate standard of living and the highest standards of health; and the right to education and cultural benefits. 

To date, most of you have viewed this as socialist propaganda. This was highlighted by Ken Griffin, founder of Citadel, when he at the same conference where Dalio and Dimon gave their «civil war» warning, blamed people for «not understanding history» suggesting that if they followed the collapse of the Soviet Union, they would not heed the far-left agenda. For this you must take some responsibility in aiding and abetting, through your business coalitions, the far right in the distortion and myths on so called socialism and the far-left agenda. The Republican core bought into this, which may be due to the Department of Education’s calculation that 54 percent of America’s population of adults aged 16-74 lack proficiency in literacy – reading below the equivalency of a sixth grade level.

So rather than going through a history lesson on the collapse of the Soviet Union people should learn a lesson on how a country like Norway whose GDP at $67,986 comes in at number 5 out of 20 countries in the United Nations’ World Happiness Report and the United States whose GDP is lower at $63,051 and comes in at number 18 on the happiness index.

Using the same 20 countries as a comparison to multiple indexes published by organizations such as The World Bank, OECD, World Economic Forum, and The United Nations you will find that America ranks at the bottom or close to it in almost every one; and Norway ranks at the top or close to it in almost every one. 

No doubt some of you will argue that people in Norway pay more tax than Americans, which is correct as Norway’s average tax rate is 4.8 percent points higher at 38.2 compared to the United States’ 33 percent; which I would argue, the Norwegian’s get more for their buck in return; and Norway has been and is delivering on the international covenant of social and cultural rights; and America has and is not.

The core base of the far right (many of whom are your employees) are fighting to make America great again; they are fighting to protect America’s way of life; and they are fighting to protect America from socialism. Last week we witnessed the extent to which they will go. Armed marches on Capitol Hill and all State Capitals are being organized for January 17th, again testing democracy. As employers, you are in the best position of any group to diffuse the emotions before this potential civil war by convincing your people that America can become great when its socio/economic system becomes more aligned to that of Norway’s. Following this, you and your colleagues need to make a choice whether to continue to be bound by a shareholder-only business model or to one that insures citizens enjoy the rights to work in just and favorable conditions, social protections, an adequate standard of living, the highest standards of health and the right to education and cultural benefits. If you do not choose the latter, there will be uprisings that will make what the country is going through today look like tiddlywinks.

Andrew Faas is the author of ‘From Bully to Bull’s-Eye: Move Your Organization Out of the Line of Fire,’ Founder of the Faas Foundation, and a Public Voices Fellow at Yale University.

Media Contact: Patrick Mundt
949-887-0633 | pmundt@faasfoundation.org

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SOURCE The Faas Foundation

LaLiga North America crea una nueva plataforma para reclutar talentos en Estados Unidos

NUEVA YORK, 15 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — LaLiga North America, en colaboración con la agencia de deportes global ISL, presentan LaLiga Next: una plataforma que permitirá a jugadores de fútbol soccer estadounidenses entre 13 y 18 años de edad demostrar su talento y comenzar su carrera profesional en un club juvenil de LaLiga.

El lanzamiento de LaLiga Next es un hito importante para LaLiga en los Estados Unidos, ya que es el primer proceso legítimo de selección y reclutamiento de…

NUEVA YORK, 15 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — LaLiga North America, en colaboración con la agencia de deportes global ISL, presentan LaLiga Next: una plataforma que permitirá a jugadores de fútbol soccer estadounidenses entre 13 y 18 años de edad demostrar su talento y comenzar su carrera profesional en un club juvenil de LaLiga.

El lanzamiento de LaLiga Next es un hito importante para LaLiga en los Estados Unidos, ya que es el primer proceso legítimo de selección y reclutamiento de jugadores jóvenes estadounidenses de fútbol soccer dirigido por una liga deportiva internacional en Norteamérica.

Este proyecto forma parte del plan de acción de LaLiga para contribuir al crecimiento del fútbol soccer en Estados Unidos, a la vez que brinda todos los recursos y las oportunidades para ayudar a los talentos estadounidenses en su preparación rumbo al Mundial de 2026.

Con este tipo de iniciativas, LaLiga quiere fomentar y facilitar la llegada a España de nuevos talentos jóvenes estadounidenses a temprana edad, como Sergiño Dest y Konrad De La Fuente del FC Barcelona, o Yunus Musah del Valencia FC.

«El objetivo de LaLiga Next es contribuir al desarrollo del talento joven estadounidense, al brindar a los jugadores una oportunidad de demostrar su potencial, una experiencia para mejorar su juego y, en última instancia, una forma de cumplir su sueño de convertirse en jugadores de fútbol soccer profesional y que un día puedan representar a su país en un Mundial», señala Nicolás García Hemme, vicepresidente de Estrategia y Desarrollo de Negocios de LaLiga North America. «Nuestra meta es colaborar con clubes locales para ser sus aliados en el reclutamiento internacional y continuar añadiendo nuevas sedes cada año, en diferentes regiones de Estados Unidos».

Esta iniciativa sin precedentes comenzará este año entre el 21 de junio y el 13 de julio con diferentes eventos Talent ID en varias ciudades de Estados Unidos, donde se esperan miles de participantes. Los representantes de LaLiga seleccionarán aproximadamente 60 jugadores para participar en una exhibición española en Madrid. Durante un período de 10 días, este grupo de jugadores entrenará y competirá con los mejores clubes de España bajo la supervisión de diferentes directores técnicos de los clubes juveniles de LaLiga, quienes reclutarán al mejor jugador de cada categoría de edad para participar en un campo de entrenamiento patrocinado con un club juvenil de LaLiga.

«El fútbol soccer en Estados Unidos se está convirtiendo en un referente en la producción de talento: Dest, Pulisic, Musah, Tyler Adams y Reyna, por nombrar algunos. Todos estos jugadores tienen en común su experiencia internacional. Es por ello que creemos firmemente que tener un camino establecido como LaLiga Next permitirá a los aspirantes a futbolistas de soccer profesionales en los Estados Unidos alcanzar sus sueños», explica Marc Segarra, cofundador de ISL.

LaLiga Next abrirá las puertas del fútbol soccer europeo a los jugadores estadounidenses, creando una referencia de calidad en el fútbol soccer de Estados Unidos y, al mismo tiempo, posicionado a España como un mercado atractivo para el talento joven del país norteamericano.

Para obtener más información, visite www.laliganext.com.

ACERCA DE LALIGA NORTH AMERICA:
LaLiga North America es una empresa conjunta entre la LaLiga y el Relevent Sports Group, que opera como representante exclusivo de la LaLiga en los EE. UU. y Canadá para todas las actividades comerciales y de desarrollo. Su operación apoya el crecimiento de la liga en la región por medio de actividades para los consumidores que incluyen el desarrollo de contenidos, eventos y activaciones, acuerdos de marketing, academias juveniles, desarrollo de entrenadores de fútbol soccer juvenil, partidos de exhibición y planea un partido oficial de la LaLiga Santander a jugarse en Estados Unidos.

ACERCA DE ISL:
ISL es una agencia integral de marketing y gestión deportiva global con sede en Miami que ha crecido con rapidez. Desde su fundación en el 2013, ISL ha ayudado a las marcas deportivas más grandes y valiosas del mundo a entrar al mercado de los Estados Unidos. El portafolio de clientes de ISL abarca desde reconocidas instituciones de fútbol soccer como el FC Barcelona, el Manchester City o el Real Madrid hasta jugadores de este deporte como Luis Suárez, Marcelo Viera y muchos otros. Durante la última década, ISL ha organizado más de 1,500 eventos de fútbol soccer con más de 100,000 clientes en todo el mundo, incluidos 45 estados en Norteamérica, hasta España y Costa Rica, desarrollando una extraordinaria cuota de mercado dentro de la industria deportiva.

Contacto: Ben Sosenko, bsosenko@rsgrp.com

 

FUENTE LaLiga North America