Streetbeat News

Corporate Responsibility

BFI

BurgerFi has appointed David Heidecorn as the new Chairman of the Board, succeeding Ophir Sternberg. The company has also entered into a Forbearance Agreement and Seventeenth Amendment to its credit facilities with TREW Capital Management, and both L Catterton and TREW have agreed to lend up to $4 million collectively to assist during a strategic review process.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:59 pm

BFI

BurgerFi has announced that it is reviewing strategic alternatives. The company will not provide further comments on the process but will make announcements as required by law.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:56 pm

QSI

Quantum-Si Incorporated (NASDAQ:QSI) has appointed Chuck Kummeth as the independent Chairman of the Board, effective May 27, 2024. Kummeth brings over 35 years of leadership experience in Life Sciences, having significantly grown Bio-Techne during his tenure as President and CEO.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:47 pm

SABS

SAB Biotherapeutics announced that CFO Michael King will be departing effective June 4, with Mark Conley named as Interim CFO. The Board has initiated a search for a permanent replacement.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:47 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII) announced the resignation of John Miller as President of Tobacco, effective August 2, 2024. Miller played a key role in establishing national scale distribution and launching VLN in over 5,000 stores.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:46 pm

DX

Dynex Capital has appointed Marie Chandoha, former President and CEO of Charles Schwab Investment Management, to its Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:45 pm

LXP

LXP Industrial Trust announced that Beth Boulerice will step down from her roles as CFO and Treasurer effective March 1, 2025. Nathan Brunner will succeed her and has been appointed Executive Vice President of Capital Markets effective September 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:42 pm

VFC

VF Corporation has appointed Michelle Choe as the Global Brand President of Vans, effective late July. This leadership change is expected to bring new strategic direction to the Vans brand.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 8:22 pm

AAPL

AMZN

GOOGL

Apple is planning a major overhaul of its Siri AI to enhance app control, with new features to be unveiled at WWDC in June. This revamp is part of Apple's renewed push into AI, aiming to compete with Amazon Alexa and Google Assistant.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 7:56 pm

F

GM

An embezzling scheme allegedly involving up to $40 million has hit the Detroit Riverfront Conservancy, a nonprofit known for revitalizing the Detroit River area. The FBI is investigating the case, which includes allegations of falsifying bank records and securing loans. This scandal adds to the uncertainty surrounding Detroit's downtown development, where companies like Ford and General Motors are heavily invested.

Portfolio Pulse from Hayden Buckfire

May 30, 2024 | 7:51 pm