SAN JOSE, Calif., March 30, 2023 /PRNewswire/ — Sanmina Corporation (Nasdaq: SANM), a leading integrated manufacturing solutions company, today announced that its Chairman and CEO, Jure Sola, together with members of the management team will ring the Nasdaq Stock Market Opening Bell on…
Month: March 2023
Bank of America Names Lindsay Hans and Eric Schimpf Presidents and Co-Heads of Merrill Wealth Management
CHARLOTTE, N.C., March 30, 2023 /PRNewswire/ — Bank of America today announced that Lindsay Hans and Eric Schimpf have been appointed presidents and co-heads of Merrill Wealth Management, reporting to Bank of America Chair and Chief Executive Officer Brian Moynihan. As presidents, Hans…
Chubb Appoints Frances O’Brien Executive Vice President, Chubb Group and Chief Risk Officer
Sean Ringsted, Executive Vice President, Chubb Group and Chief Digital Business Officer, to expand Chubb’s digital portfolio ZURICH, March 30, 2023 /PRNewswire/ — Chubb Limited (NYSE: CB) today announced that Frances O’Brien has been appointed Executive Vice President, Chubb Group and…
Paychex Charitable Foundation to Donate $1 Million to Mental Health America
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, announced that Mental Health America (MHA) will receive a $1 million grant from the Paychex Charitable Foundation to support the organization’s work raising awareness about the importance of prioritizing mental health care. The grant, which allocates $250,000 annually over the next four years, focuses on improving access to mental health education and resources in the company’s key markets across the U.S.
“As a national leader in HR, payroll, and benefits, Paychex has unique insight into the challenges facing American businesses and workers,” said John Gibson, Paychex president and CEO. “The company uses those insights to direct funding through its charitable foundation where it sees the greatest need. Over the last couple of years, we have seen the impact of the mental health crisis on how businesses operate and take care of their employees. We’re proud to partner with Mental Health America, an organization at the forefront of mental health awareness, education, and providing resources to communities around the country.”
In 2022, the Paychex Charitable Foundation introduced an annual multimillion-dollar commitment and strategic giving framework to dramatically increase its financial support of nonprofit organizations that align with the company’s mission. Under the strategic framework, the Paychex Charitable Foundation will focus major gifts on four critical areas of well-being: mental health, physical health, financial health, and professional skills development.
The four-year grant to MHA is the first awarded under this program, illustrating the company’s commitment to supporting the overall well-being of its employees and the communities they serve. MHA promotes mental health as a critical part of overall wellness, including prevention services, early identification, and intervention for those at risk. The organization has over 140 affiliates nationwide, each working to integrate care, services, and support for those in need.
“We are facing an unprecedented mental health crisis in the U.S. and now is the time to invest in the next generation of mental health support. We are thrilled to see Paychex recognize this crucial moment and honored to be the first grant recipients under this program,” said Schroeder Stribling, president and CEO of Mental Health America. “This four-year commitment from Paychex will allow MHA to educate thousands of people about the critical importance of overall well-being and will increase public access to vital mental health resources.”
Inspired by the longstanding philanthropy of Paychex founder B. Thomas Golisano, the company established the Paychex Charitable Foundation in 2014 to support communities where the company has operations. As part of the gift to MHA, Paychex will also connect the organization with the company’s robust employee volunteer network, consisting of nearly 16,000 employees throughout the U.S.
“At Paychex, we believe in creating a world where people are the most important part of every business,” Gibson continued. “We know that happier, healthier, and engaged teams create better businesses. And strong, local businesses support vibrant communities.”
To learn more about the Paychex Charitable Foundation, visit the organization’s website.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 730,000 payroll clients as of May 31, 2022, in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.paychex.com and stay connected on Twitter and LinkedIn.
About Mental Health America
Mental Health America (MHA) is the nation’s leading community-based nonprofit dedicated to addressing the needs of those living with mental illness and promoting the overall mental health of all. MHA’s work is driven by its commitment to promote mental health as a critical part of overall wellness, including prevention services for all; early identification and intervention for those at risk; integrated care, services, and supports for those who need them; with recovery as the goal. Learn more at MHAnational.org.
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New Holland Is Fostering Careers in Agriculture for Young Women Across Australia
CNH Industrial brand New Holland Agriculture has proudly announced a partnership with UNIQ You – a not-for-profit increasing the proportion of women working in industries where they are currently under-represented in Australia.
The partnership will see five women within New Holland’s network connected to high school girls in Australia. With the girls in critical career decision-making years, they can receive guidance from inspiring women who have carved their own paths.
Bruce Healy, General Manager at New Holland, said the career advisory service will support a more diverse pipeline of talent across the industry and minimize gender-related obstacles.
“New Holland has always sought ways to build workplaces and communities free of gender bias, stereotypes, and discrimination. This partnership will be another way for us to continue to promote that equality,” said Healy.
“The future of agriculture, logistics, warehousing, and manufacturing industries is dependent on encouraging diversity and inclusivity within the next generation of emerging talent.”
“This partnership will be a powerful way to encourage young women to consider the array of pathways available to them in agriculture, as well as support that transition into industry opportunities should they want to pursue them.”
Tanya Meessmann, UNIQ You CEO, said the organization looks forward to working with New Holland to showcase the diverse range of career pathways the agricultural industry offers.
“The agricultural industry now and in the future is about much more than the traditional understanding of food production. The industry is being transformed through technological advancements and new Agribusiness opportunities, while also keeping at its forefront environment and social issues,” said Meessmann.
“Working with New Holland, we are honored to be able to connect their inspiring female advisors with students so they can discover the exciting and fulfilling career pathways the agricultural industry offers, careers that they would have never imagined existed.”
New Holland has committed to setting a standard of gender diversity across the industry, in line with the National Farmer’s Federation’s (NFF) goal of doubling the number of women in agriculture’s leadership positions by 2030.
The UNIQ You partnership is another way New Holland is demonstrating this commitment. It will add to the brand’s existing mentorship partnership with NFF, contributions to industry diversity and inclusion workshops and the successful New Holland network Apprentice and Technician Program.
The Apprentice and Technician Program has seen a number of women launch their careers across the brand’s dealership network. They include Morgan English, a second-year mechanical apprentice at New Holland’s Double R Equipment dealership in Tamworth, New South Wales.
As recognition for her excellence, New Holland sent Morgan to this year’s Newcastle 500 – a major Australian motor racing event. There, she was given the opportunity to watch and assist the Red Bull Ampol racing team trackside.
“We recognize the role women such as Morgan play in our dealerships and are proud to actively participate in industry mentorship programs to promote more pathways for women. As well as support them through our own initiatives such as the 2023 Apprentice and Technician Recognition Program,” said Healy.
“We are very proud of the hardworking women in our network and our emerging talent. And we’re eager to see them excel in the bright future that’s ahead for agriculture.”
Eaton and Sunverge Expand Strategic Collaboration To Help Utilities Manage Residential EV Charging Infrastructure
Sunverge’s real-time DER platform now integrates Eaton EV chargers
PITTSBURGH, March 30, 2023 /3BL Media/ – Intelligent power management company Eaton and Sunverge, the provider of an industry-leading distributed energy resource (DER) control, orchestration and aggregation platform, announced expanded collaboration to enable dynamic utility management of home electric vehicle (EV) charging infrastructure. Bringing together Eaton’s innovative EV charging solutions with Sunverge’s advanced, intelligent, and holistic home energy management and real-time multi-service virtual power plant (VPP) platform, the collaboration enables utilities to advance flexible load management, orchestrate, aggregate and value stack grid services providing resiliency, reliability and flexibility to the grid and accelerate decarbonization.
Based on a U.S. goal for EVs to make up half of all vehicle sales by 2030, analysts estimate nearly 48 million EVs will create an annual charging demand up to 230 billion kilowatt hours (kWh) and require nearly 30 million chargers. With the vast majority of charging taking place at home, utilities need new tools to balance the grid support to achieve clean energy goals. By leveraging home charging infrastructure and virtual power plants (VPPs), utilities can manage energy demand in real time to support decarbonization and electrification.
“We are excited to expand our collaboration with Eaton. Eaton’s powerful EV charging and smart breaker technologies provide a platform for utilities to manage and harvest real-time load flexibility behind the meter” said Martin Milani, CEO of Sunverge. “With the rapid increase in electric vehicles, utilities now clearly see the opportunity to better manage EV charging and leverage EVs for much-needed grid services. This collaboration enables utilities to realize significant upstream gains through real-time DER orchestration, aggregation, and dynamic load management and co-optimization on both sides of the meter. The result will be increased grid resiliency and overall greater system flexibility and reliability, a win-win for utilities and customers alike.”
The latest collaboration between Sunverge and Eaton supports deeper visibility to and management of EV charging at home. Eaton smart home technologies, including its EV chargers and smart breakers enable flexible load management and integration with onsite solar and energy storage. Combined with the Sunverge platform, the joint solution will help utilities to leverage EV charging infrastructure for base load and peak load management, frequency response, black start and more.
“Rapidly growing EV adoption has massive implications for the grid, and we are delighted to work with Sunverge to help utilities put large-scale EV charging deployments to work effectively,” said Paul Ryan, Director, Connected Solutions and EV Charging at Eaton. “Smart charging helps utilities and homeowners alike by optimizing the use of onsite renewables, enabling peak demand shaving and charging EV batteries when rates are lowest.”
Utility professionals interested in learning more about Sunverge’s capabilities can contact info@sunverge.com. For more about Eaton’s capabilities to support EV charging infrastructure, visit eaton.com/evci.
About Eaton
Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy, helping to solve the world’s most urgent power management challenges, and doing what’s best for our stakeholders and all of society.
Founded in 1911, Eaton is marking its 100th anniversary of being listed on the New York Stock Exchange. We reported revenues of $20.8 billion in 2022 and serve customers in more than 170 countries. For more information, visit Eaton.com. Follow us on Twitter and LinkedIn.
About Sunverge
Sunverge Energy provides the leading open dynamic platform for Virtual Power Plants (VPP), a grid-aware and dynamic power source built from the aggregation of behind-the-meter DERs (distributed energy resources). The Sunverge real time DER control, orchestration and aggregation platform is unique in providing dynamic multi-objective optimization of services on both sides of the meter, helping customers with intelligent management of their own renewable energy generation and utilities with greater flexibility in managing their infrastructure investments, reducing generation costs, increasing system reliability and meeting their renewable energy goals. Together with the Sunverge Infinity edge controller, the Sunverge VPP platform provides intelligent dynamic near real-time control over decentralized energy resources that is efficient, reliable, and responsive to utilities and their customers. For more information, please visit sunverge.com.
Contact:
Hilary Spittle
+1.216.712.2005
hilaryspittle@eaton.com
Regina Parundik
+1.412.559.1614
regina@cobblecreative.com
Ariel Marantz
Antenna Group for Sunverge
sunverge@antennagroup.com
Bread Financial, Cleveland Cavaliers Partner to Help Plant a Billion Trees
With a shared committed to sustainability initiatives and practices, Bread Financial and the Cleveland Cavaliers have partnered with The Nature Conservancy (TNC) to plant more than 58,000 trees across the world!
On March 17, Bread Financial unveiled a donation of $116,592 to TNC’s Plant a Billion Trees campaign at halftime of the Cavs game against the Washington Wizards, contributing $2 in honor of each attendee at three “City Edition” game nights held over the past three months at Rocket Mortgage FieldHouse.
Learn more about TNC’s Plant a Billion Trees project, a major forest restoration effort aimed at slowing the connected crises of climate change and biodiversity loss here.
HitPaw Video Converter V2.8 Introduces Revolutionary Features for Enhanced User Experience
NEW YORK, March 30, 2023 /PRNewswire/ — HitPaw, a leading provider of multimedia tool industry, is proud to announce the release of HitPaw Video Converter V2.8.0. This new version comes packed with amazing features that are designed to help users improve the efficiency, and provide the…
The Right CRM Can Drive Organizational Growth in a Challenging Economic Market, Says Info-Tech Research Group
The firm advises a robust customer relationship management platform to support a range of organizational objectives for customer engagement and enable a 360-degree view of all customer interactions. TORONTO, March 30, 2023 /PRNewswire/ – Over the last five years, as organizations look to…
Corporate E-learning Market size to grow at a CAGR of 12.19% from 2022 to 2027, Driven by the reduction in employee training costs for employers – Technavio
NEW YORK, March 30, 2023 /PRNewswire/ — The corporate e-learning market is estimated to grow by USD 44,908.64 million from 2022 to 2027. The market will progress at a CAGR of 12.19% during the forecast period. One of the key factors driving the global corporate e-learning market growth…