Graduate Management Admission Council Appoints Joy Jones as Incoming CEO

Jones to succeed Sangeet Chowfla as head of the global association representing leading graduate business schools

GMAC Incoming CEO Joy Jones

GMAC Incoming CEO Joy Jones

RESTON, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the appointment of Joy Jones as the organization’s CEO-Elect. Jones currently serves as GMAC’s chief product officer and general manager of assessments, a role she has held since July 2017. The announcement came after current CEO Sangeet Chowfla announced his intention to step down from the position earlier this year, and an extensive search executed by a global executive recruiting firm. The GMAC board of directors unanimously voted to elect Jones, who will become GMAC’s fourth CEO as of October 1, 2022.

“With more than a hundred interested candidates from around the world, the Board conducted extensive interviews and thorough evaluations over the past months and was thrilled to find the best person to lead the organization from within,” said Jon Erickson, chairman of the GMAC board of directors and former president of education and career services at ACT. “Besides her proven success with growing GMAC products and services and deep understanding of the graduate management education industry we represent, we were especially impressed by Ms. Jones’s vision, intellect, composure, and ability to relate to people.”

Jones joined GMAC five years ago with the responsibility for holistically managing the Council’s assessments and preparation portfolio, which includes the Graduate Management Admission Test™ (GMAT™) exam—the most widely used assessment by business schools worldwide and relied on by more than 7,500 business school programs, the NMAT by GMAC™ exam, Executive Assessment, and associated assessment preparation materials. She was instrumental in navigating through challenging times during the COVID-19 pandemic with a rapid launch of the online delivery of all GMAC assessment solutions. Earlier this year, under her stewardship, GMAC debuted Business Fundamentals Powered by Kaplan, a new GMAC product line of “micro” courses in statistics, accounting, and finance to help prepare business school aspirants and admitted students for success in their graduate programs.

“It is a great honor for me to be chosen to lead a long-standing and highly regarded organization like GMAC, with an outstanding 70-year history of connecting talent with opportunity through higher education,” said Jones. “As the organization enters into a new chapter in an ever-evolving global business environment, focused on innovation and growth as well as diversity and inclusion, I look forward to continuing to work alongside my dedicated colleagues at GMAC and in the business school community to advance graduate management education and ensure that talented people have the opportunity to improve the world we live in.”

Throughout her career, Jones has been a transformational leader in a variety of roles spanning strategy, product, sales, business development, and operations, with expertise in leveraging new technologies to create innovative solutions for global markets. Prior to joining GMAC, Jones had a 13-year tenure at the Associated Press (AP) which culminated as their Vice President of Global Products, overseeing all product portfolio and distribution platform management across the company’s multimedia content licensing, advertising, and content service businesses. Prior to AP, Jones worked at Cap Gemini Ernst & Young, where she was an executive with the Strategic Advisory Services and Telecom Media Networks consulting practices. She earned her MBA at Stanford University and holds a bachelor’s degree in mathematics and applied sciences from the University of California, Los Angeles (UCLA), where she graduated with honors.

Jones will succeed Sangeet Chowfla, who has chosen to step down for a new phase of his life after nearly a decade at the helm of GMAC. Chowfla joined GMAC in 2013 and served as President and CEO since 2014. During his tenure, Chowfla drove an extraordinary period of transformation and diversification for GMAC, including establishing regional offices in China, India, and the U.K., and oversaw three acquisitions of complementary products and services designed to help foster connections with candidates and schools, namely NMAT by GMAC, BusinessBecause, and The MBA Tour. He also helped redefine the GMAC brand in renewing focus on serving member schools and uniting the industry to solve common problems and created additional value for schools through expanding our research programs, conferences, and events. Chowfla will continue as an advisor through the end of the year to be available for a smooth and orderly transition.

“Sangeet Chowfla joined the organization during a period of disruption in the industry that only intensified with the advent of the pandemic and global geopolitical challenges,” said Erickson. “We are grateful for his service and the extraordinary growth and evolution that has enabled us to build long-term strategies and position our association for the future to continue serving schools and candidates.”

“It has been an honor and privilege to lead this great organization in a time of change,” said Chowfla. “GMAC’s mission, its people, and the connections that it fosters are truly unique. I look back with some satisfaction that we have built a stronger and more resilient GMAC that is leaner, more diversified in its service offerings, and more global in its outlook. Joy and I have worked closely over the years, and I leave secure in knowing that she has the vision and capability to lead the organization and take it forward.”

About GMAC

The Graduate Management Admission Council (GMAC) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment.

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact:

Teresa Hsu
Sr. Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b997ea7e-87f4-4d87-979a-e5ecde0379fc

Winners Announced in the Seventh Annual Stevie® Awards for Great Employers

Top Winners Include IBM and Tata Consultancy Services

2022 Stevie Awards for Great Employers Winners Announced

These awards recognize the world’s best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.

FAIRFAX, Va., Aug. 08, 2022 (GLOBE NEWSWIRE) — Winners in the 2022 (seventh annual) Stevie® Awards for Great Employers, an international competition, were announced today. The awards recognize the world’s best employers and the human resources professionals, teams, achievements, and HR-related products and suppliers who help to create and drive great places to work.

Among the organizations with the most Stevie-winning nominations are IBM, worldwide (27 Gold, Silver, and Bronze wins), Tata Consultancy Services, worldwide (23), Enerjisa Enerji, Turkey (21), Bank of America, USA (18), Cathay United Bank, Taiwan (10), Globe Telecom, Inc., Philippines (10), MİGROS, Turkey (10), Abu Dhabi Customs, United Arab Emirates (8), DHL Global Forwarding, Germany (8), Sabanci Holding, Turkey (8), İGA (İstanbul Grand Airport), Turkey (7), Megaphone, Australia (7), and NEQSOL HOLDING, Azerbaijan (7).

Visit www.StevieAwards.com/HR for a full list of winners by category.

Next week two Grand (“best of show”) Stevie Award winners will be announced. One will go to the nomination that received the highest average score from the judges. The other, for Organization of the Year, will go to the entrant with the most award points earned in the competition.

The Grand, Gold, Silver, and Bronze Stevie Award winners will be celebrated during an awards banquet on September 17 at Caesars Palace in Las Vegas. Tickets for the event are now on sale.

More than 950 nominations from organizations in 26 nations were evaluated in this year’s competition. Winners were determined by the average scores of more than 100 professionals worldwide, acting as judges. Winners in the Employer of the Year categories, sponsored by HiBob, were determined by a unique blending of the average scores of the professional judges and more than 80,000 votes by the general public.

The Stevie Awards for Great Employers recognize achievement in many facets of the workplace. Categories include:

  • Employer of the Year
  • HR Achievements
  • HR Individual Awards
  • HR Team Categories
  • Solution Provider Awards
  • COVID-19 Response
  • More than 50 New Product & Service Categories
  • Thought Leadership

The awards are presented by the Stevie Awards, which organizes eight of the world’s leading business awards programs including the prestigious International Business Awards® and American Business Awards®.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

About HiBob
HiBob is a modern HR platform designed for modern business. HiBob’s intuitive and data-driven platform, ‘Bob’, was built for the way people work today: globally, remotely, and collaboratively. Since its launch in late 2015, HiBob has achieved consecutive triple-digit year-over-year revenue growth and become the HR platform of choice for more than 2,500 modern, midsize, and multinational companies who understand that a powerful, agile HR tech suite is mission critical and a key driver of organizational success. Dynamic companies across the globe such as Cazoo, Gong, Hopin, Monzo, Happy Socks, Fiverr, and VaynerMedia rely upon Bob to help HR and managers connect, engage, develop and retain top talent. For more information about HiBob, visit www.hibob.com.

Contact:
Nina Moore
Nina@StevieAwards.com
+1 (703) 547-8389

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3be33011-bf0f-469a-ac50-1f037f0aa9c3

J.M. Huber Corporation Signs Agreement to Acquire the Biolchim Group From NB Renaissance, Chequers Capital and Management Team

ATLANTA, Aug. 08, 2022 (GLOBE NEWSWIRE) — J.M. Huber Corporation (Huber)—a global, family-owned specialty engineered materials manufacturing company—announced today that it has signed a binding agreement to acquire full control of the Biolchim Group from NB Renaissance, Chequers Capital and the Biolchim Group management team. The Biolchim Group, managed and headed by Galileo Quattro SARL, has its main operating base in Italy and is a leading producer and distributor of a full range of specialty plant nutrition and biostimulants. Closing of the sale, anticipated to occur by the end of 2022, is subject to customary closing conditions including the foreign direct investment approval in Italy.

All the companies in the Biolchim Group—including Biolchim S.p.A, Cifo, Ilsa S.p.A, Matécsa Kft, and West Coast Marine-Bio Processing Corp.—are within the scope of the purchase. The Biolchim Group operates eight production plants globally and its products—biostimulants, trace elements, and water soluble, liquid and foliar fertilizers—are present in over 70 countries worldwide. The Biolchim Group has a rich 50-year history of serving the agricultural industry.

Upon close of the sale, the Biolchim Group will become part of Huber Engineered Materials (HEM), a company within the Huber portfolio of businesses. The Biolchim Group will be a key part of the strategic foundation of the Huber AgroSolutions (HAS) business unit of HEM that currently includes Miller Chemical & Fertilizer (Miller).

Leonardo Valenti, CEO of the Biolchim Group since 2008 and a pioneer in the plant nutrition industry, will remain committed to lead the Biolchim Group through the next phase of growth and the integration, leveraging the synergy potential of the strategic combination of both entities.

Huber AgroSolutions’ vision is to become a leading formulator of sustainable, high-performing agricultural products globally. The acquisition of the Biolchim Group, which has achieved impressive growth due to its broad offering of biostimulant and specialty nutritional products, significantly advances this vision by bringing an innovative and entrepreneurial workforce and culture to HAS. Together the companies share a culture that is deeply committed to plant nutrition and the success of its many customers around the globe.

The complementary sales footprint of both companies will enable expanded customer and product access into key agricultural regions globally. In addition to remaining committed to serve the Biolchim Group’s existing customer base, this also ideally positions HAS to advance the sales of the Biolchim Group’s products through its strong relationships with US-based growers and its complementary distribution network in Latin America and select countries in Europe, the Middle East and Africa. The Biolchim Group’s sales channels are ideally suited to advance the sales of various Miller products via its strength in Europe and its global subsidiary network.

“I am excited and energized about this opportunity to combine two successful businesses, Miller and the Biolchim Group,” says David Riley, Senior Vice President and General Manager of Huber AgroSolutions. “I am also thankful to Mr. Valenti for his leadership and support as we transition the Biolchim Group and Miller to the next phase of growth.”

Leonardo Valenti, CEO of the Biolchim Group, says, “The strategic combination of the Biolchim Group and Huber AgroSolutions will be transformative since the companies have complementary commercial and product offerings, as well as industry-leading technologies and research capacities. We are both eager to collaborate, share knowledge and build on each other’s capabilities. The agreement will open up new growth ambitions and will position us as a leading player in specialty nutrition globally. I am excited about the promising future for the company, and I am grateful to NB Renaissance and Chequers Capital for the continuous support received over the past several years through the implementation of the Biolchim Group’s value creation plan and the key strategic decisions.”

“Miller and the Biolchim Group create a powerful combination of brands, people and specialty products that will bring tremendous value to our respective customers globally,” says Dan Krawczyk, President of HEM. “We’re extremely excited to welcome the Biolchim Group’s employees to Huber given the similarities in our cultures, values and goals. Together we will work to shape the future of the organization and build a leading global business in the agriculture industry.”

Gretchen McClain, President and CEO of J.M. Huber Corporation, adds, “This combination furthers our commitment to provide innovative products and solutions to the global agriculture industry. Enabling food security for people around the world supports Huber’s overall sustainability commitment and strategy.”

Huber is being advised on the purchase by Rabobank and Jefferies, and Jones Day is acting as legal counsel to Huber on the transaction.

About J.M. Huber Corporation
J.M. Huber Corporation, headquartered in Atlanta, Georgia (US), operates a diverse portfolio of companies: CP Kelco, Huber Engineered Materials, Huber Engineered Woods and Huber Resources Corp. With locations around the world, our businesses create products used in a broad range of applications including personal care, food and beverage, agricultural nutrients and adjuvants, building materials, flame retardants and smoke suppressants, as well as sustainable forestry services. Founded in 1883, Huber is one of the largest family-owned companies based in the US. For more information, visit www.huber.com.

About Huber Engineered Materials
Huber Engineered Materials (HEM), headquartered in Atlanta, Georgia (US) is focused on engineered specialty chemical and minerals that enhance the performance, appeal and processing of a broad range of products used in industrial, agricultural and consumer applications. HEM’s AgroSolutions strategic business unit also has a portfolio of high value agricultural nutrients and adjuvants that it delivers to customers in the agriculture industry through a global network of distributors. For more information, visit www.hubermaterials.com.

MEDIA CONTACT:
Lea Volpe
Director, Corporate Communications
J.M. Huber Corporation
678.247.7128 phone
lea.volpe@huber.com

Automobili Lamborghini’s NFT journey continues countdown to the eight-month “The Epic Road Trip” program releasing new Lamborghini NFTs to collect

New York, NY, Aug. 05, 2022 (GLOBE NEWSWIRE) — Following its two successful NFT projects to date, Automobili Lamborghini, in collaboration with NFT PRO™ and INVNT.ATOM™, has commenced a virtual journey that starts from the Moon, crosses Space and continues in iconic locations across the world.

In this new adventure, Lamborghini super sports cars will be the unmissable protagonists of places that the traveler can visit and discover, collecting new NFTs every month for eight months until March 2023. The collection consists of four NFTs released each month for 4 days consecutively and will be available to purchase for 24 hours only. The fourth NFT will be available in a limited edition of just 63 units. At the very end of the campaign, only those who have acquired all the monthly NFTs issued – either the three regular NFTs or three regular plus the limited edition – will receive a special NFT.

To reward loyalty during the campaign, other exclusive surprises will be communicated, including a digital artwork by the Lamborghini Centro Stile produced for “The Epic Road Trip” campaign, for those who purchase two complete monthly collections. For those who have completed the first four months acquisitions there will be the opportunity to participate in a special tour of the Sant’Agata Bolognese’s Headquarters.

“Since 1963, the year of its foundation, Automobili Lamborghini has always led from the front, demonstrating this with its super sports cars that continue to be the protagonists in dreams of children and adults all over the world. Entering the virtual world of modern collecting with NFTs is the natural translation and evolution of that dream,” said Christian Mastro, Marketing Director of Automobili Lamborghini. “NFTs are the new, unconventional and exclusive proposition, paving the way for a new form of expression for the younger generations.”

“Lamborghini loyalists and cryptocurrency fans will be amazed by this next series of drops that culminate in a very special reveal next March,” said Christian Ferri, CEO of NFT PRO™, Lamborghini’s launch partner and expert in engagement with consumers of Web3. “We are thrilled to continue our partnership with Lamborghini by offering this truly exclusive NFT collection.”

INVNT.ATOM the global digital innovation division of [INVNT GROUP]™; led the creative, strategy, design, content, and marketing communications.

“Our previous collaboration with Lamborghini – auctioning off a 1:1 NFT attached to the last physical Aventador Coupé super sportscar – was a testament to how impactful storytelling at the digital frontier cultivates community and consumer engagement. We’re honored to grow our relationship with Lamborghini and to be partnering with NFT PRO to celebrate innovation and Lamborghini’s 1963 heritage,” said Scott Cullather, President, and CEO of [INVNT GROUP].

The first series of four NFTs will be released starting from 8 August 2022 on the website nft.lamborghini.com.

Photos and videos: media.lamborghini.com

Information on Automobili Lamborghini: www.lamborghini.com

Media Kit: (High res imagery & bios).

About INVNT.ATOM™

INVNT.ATOM, part of [INVNT GROUP] THE GLOBAL BRANDSTORY PROJECT™, is an innovation and brand experience agency devoted to helping global brands chart a course, navigate, activate, and create new opportunities at the digital frontier of Web3. Based in Singapore, the collective of strategists, marketers, creators, programmers, matchmakers, and thought leaders, turn strategies into stories and stories into experiences, that engage communities on the global stage. For more information about INVNT.ATOM, visit: www.invntatom.com

About [INVNT GROUP]™

[INVNT GROUP] was established as an evolution of the founding global live brand storytelling agency INVNT. Led by President and CEO, Scott Cullather, [INVNT GROUP], THE GLOBAL BRANDSTORY PROJECT™ represents a portfolio of disciplines designed to help forward-thinking organizations innovate and impact audiences everywhere. The GROUP consists of modern brand strategy firm, Folk Hero; creative-led culture consultancy, Meaning; production studio & creative agency, HEVĒ; events for colleges and universities, INVNT Higher Ed; digital innovation division, INVNT.ATOM; creative multimedia studio, Hypnogram; and the original live brand storytelling agency, INVNT. For more information about INVNT.ATOM, visit: www.invntgroup.com

About NFT PRO™

NFT PRO is a white -label NFT solution for enterprises, helping brands strategize, create, and sell NFT’s to customers, fans, and collectors. Their proprietary methodology and software take the guesswork from setting up and executing an NFT strategy and ensure consistent results and brand safety for every campaign. NFT PRO simplifies creating and executing NFT campaigns that are both effective and on-brand. For more information about NFT PRO, visit: www.web3pro.com

Attachment

For “The Epic Road Trip” campaign & press enquiries:
Paola Cracknell
pcracknell@invnt.com

For [INVNT GROUP] and INVNT.ATOM press enquiries:
Jhonathan Mendez de Leon
jmendezdeleon@invnt.com

For NFT Pro press enquiries:
Devashish “Dev” Sarkar
devashishs@nftpro.com

Hisense South Africa Donates an Ultrasound HD60 to The Peninsular Maternity Trust for Mowbray Maternity Hospital

CAPE TOWN, South Africa, Aug. 5, 2022 /PRNewswire/ — At a donation ceremony on July 28, Hisense, a manufacturer and provider of high-performance electronics and medical devices, delivered a cutting-edge, high-resolution, ultrasound machine, the Hisense Ultrasound HD60, to the Peninsula Maternity Trust for Mowbray Maternity Hospital to announce the collaboration and contribution to the Mowbray Maternity  Hospital and The Western Cape Department of Health.

The Mowbray Maternity Hospital, located in Cape Town, is the largest dedicated maternity hospital in South Africa specialising in providing care to women with high-risk pregnancies. Professor Ntusi, who is the chair and head of medicine at the University of Cape Town (UCT) and Groote Schuur Hospital climbed Mount Kilimanjaro last December to raise money to buy a new ultrasound machine for the hospital’s anaesthesia department.

Hisense South Africa donated an Ultrasound HD60 in response to Prof Ntusi’s efforts. Receiving this advanced ultrasound device with enhanced diagnostics powered by built-in AI will raise the level of care at the Mowbray Maternity Hospital and deliver better outcomes for at-risk women as well as boost staff morale.

“We are so proud to be able to donate this machine to the Mowbray Maternity Hospital and the Western Cape  Department of Health, we hope and wish this will not only change the lives of the surrounding community by improving the technological and medical capacity of the hospital, but also provide the health care professionals with quality technology innovation and support in order to make their work lives a little bit easier ” Ronele Prince, medical sales manager of Hisense said.

Hisense developed the Ultrasound HD60 to provide clinicians with clearer, higher resolution imaging shown on its 21.4″ diagnostic display. The device comes with a variety of ultrasound probes, making it well-suited to meet a range of the hospital’s anaesthetic, obstetric, gynaecological, and cardiovascular procedure needs.

The Hisense Ultrasound HD60 has been used in more than 30 hospitals across China, helping diagnose over 50,000 cases. Hisense completed the CE MDR certification for the Ultrasound HD60 in December 2021 and obtained the SAHPRA license in South Africa for the device in January 2022. In April this year, Hisense won its first  order of six Ultrasound HD60 in South Africa; a significant step to becoming an internationally well-known brand in the medical equipment industry.

Photo – https://mma.prnewswire.com/media/1872546/image_5020023_41497144.jpg

Binance and Mastercard launch prepaid card in Argentina to bridge cryptocurrencies and everyday purchases

The country is the first in Latin America to have the product, the card is in beta phase and will be widely available in the coming weeks

BUENOS AIRES, Argentina, Aug. 4, 2022 /PRNewswire/ — Binance, the world’s leading blockchain and cryptocurrency infrastructure provider, and Mastercard announce the launch of Binance Card in Argentina to bridge the gap between cryptocurrencies and everyday purchases. Argentina is the first country in Latin America to have the product. The Binance Card is part of the company’s ongoing efforts towards furthering global cryptocurrency adoption in a tangible manner. The product is in beta phase and will be widely available in the coming weeks.

The Binance Card issued by Credencial Payments will allow all new and existing Binance users in Argentina with a valid national ID to make purchases and pay bills with cryptocurrencies, including Bitcoin and BNB, at over 90 million Mastercard merchants worldwide, both in-store and online. Users can enjoy a seamless transaction in which their cryptocurrencies are converted to fiat currency in real-time at the point of purchase, as well as earn up to 8% in crypto cashback on eligible purchases and enjoy zero fees* on ATM withdrawals.

Binance cardholders will be able to manage their cards through the card dashboard on the Binance App and website. Users will also be able to view their transaction history and access customer support via the card dashboard.

“Our work with digital currencies builds on our strong foundation to enable choice and peace of mind when people shop and pay. Together with our partners, Mastercard has been leading the payments industry in enabling entry to this exciting new world, helping bring millions of additional users into crypto and other digital assets in a safe and trusted manner”, said Walter Pimenta, Executive Vice President, Products and Innovation, Mastercard Latin America and the Caribbean.

“Payments is one of the first and most obvious use cases for crypto, yet adoption has a lot of room to grow. By using the Binance Card, merchants continue to receive fiat and the users pay in cryptocurrency they choose. We believe the Binance Card is a significant step in encouraging wider crypto use and global adoption and now it is available for users from Argentina”, said Maximiliano Hinz, general director of Binance in Latin America.

Binance plans to continue expanding in new markets as well as providing support for additional cryptocurrencies. All interested users can now register for the card via https://www.binance.com/es-AR/cards or the Binance App.

*Please note that third-party services and network fees may apply.

Logo – https://mma.prnewswire.com/media/1773650/Binance_Logo_Yellow_4x_Logo.jpg