Jamaica-based AMG Packaging and Paper has announced plans to expand its production base and add new products including paper towels, toilet paper and napkins to its portfolio towards the end of this year. The company has also purchased a ...
Tags: Production Base, paper towels, toilet paper
US-based packaging coatings firm Valspar announced the election of Gary E. Hendrickson, who had already been serving as president and chief executive officer, as its new chairman with immediate effect. The new appointment comes as William ...
Financial Telesis has embarked a new partnership with ABD Retirement Services, a division of ABD Insurance & Financial Services, pursuant to which ABD Retirement Services representatives will collaborate with Financial Telesis. The ...
American International Group (AIG) has reported 27% rise in net income attributable to AIG, which was $2.3bn for the second quarter of 2012, compared to $1.8bn during the same period last fiscal. For the latest quarter period, the ...
Tags: American International Group, net income, operating income
New Jersey-based psychiatric rehabilitation service agency, Bridgeway Rehabilitation Services, has selected Massachusetts Mutual Life Insurance's (MassMutual) Retirement Services Division as the new supplier of its retirement plan that ...
The Phoenix Companies and Legacy Marketing Group have jointly launched enhanced version of its CommandMark single premium fixed indexed annuity series. The new CommandMark Series has been designed to provide guaranteed lifetime income for ...
Tags: Phoenix Companies, Legacy Marketing Group, CommandMark, lifetime income
Industrial Alliance Insurance and Financial Services has acquired its subsidiary, Industrial Alliance Pacific Insurance and Financial Services, effective 30 June 2012. As per the merger agreement inked, the former Industrial Alliance ...
Tags: Industrial Alliance, subsidiary, strong financial position
Principal Financial has signed a definitive agreement to acquire 100% of Chile's AFP Cuprum for $1.51bn, in an effort to widen its presence in emerging markets. The deal involves sale of 63% ownership in Cuprum held by Empresas Penta and ...
Tags: Principal Financial, Chile's AFP Cuprum, publicly traded shares
PPG Industries has appointed Eric K. Thiele, PPG assistant treasurer and credit director, as treasurer and a company officer. He will report to David B. Navikas, PPG senior vice president, finance and chief financial officer, and he will ...
Tags: PPG, Thiele treasurer, Giga, retire
The South Korean unit of French carmaker Renault, Renault Samsung motors is planning to cut its workforce by 15% under a voluntary retirement programme in a bid to reduce expenses. As per the plan, nearly 800 of its 5,500 employees will ...
Tags: Renault Samsung, domestic sales, vehicles, Samsung Group
American International Group's (AIG) life and retirement business has purchased Woodbury Financial Services from The Hartford, for an undisclosed sum. The acquisition follows a definitive agreement that was signed on 31 July 2012. On ...
Tags: AIG, life and retirement business, purchased, Advisor Group
After nearly 40 years in bicycle retail, Bike Gallery owner Jay Graves has retired and handed over the reins of his Portland chain to Mike Olson, owner of Trek Bicycle Superstore of San Diego, California. Graves is the ...
Tags: Bike Gallery, Portland's bicycle retailer, bicycle retail
Limited Brands announced the appointments of Michael G. Morris and Dr. E. Gordon Gee to its Board of Directors. Mr. Morris is the Chairman of the Board of Directors of American Electric Power Co., Inc., one of the nation's largest ...
Brian Marley has announced his retirement as executive vice president and chief financial officer of Belk, Inc. effective May 4, 2013, after more than 12 years of outstanding service and leadership at the company. Following his ...
Tags: Brian Marley, retirement, executive vice president, Belk
Lincoln Financial Advisors has named Stefan Lambert as its new managing principal, who will supervise recruitment of new advisors, retention and risk management. Lincoln Financial Advisors' Atlantic Regional Planning Group, which includes ...
Tags: Lincoln Financial Advisors, Stefan Lambert, managing principal