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Magnetic North Acquisition Corp. Announces New Chief Financial Officer

Magnetic North Acquisition Corp. Announces New Chief Financial Officer
Magnetic North Acquisition Corp.

Magnetic North Acquisition Corp.

**Not for distribution to United States Newswire Providers or release publication, distribution or dissemination, right or indirectly, in the United States. Any failure to comply with this restriction may possibly represent a violation of U.S. Securities Guidelines**

CALGARY, Alberta and TORONTO, March 24, 2023 (Globe NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”), is delighted to announce Lance McIntosh as Main Monetary Officer.

Mr. McIntosh has around 45 yrs of knowledge in corporate monetary reporting, audit and economical management in a variety of industries together with asset management, technological know-how, pharmaceutical, merchant banking, and company finance.

Mr. McIntosh has precise know-how in economic operations administration, economic administration and management, M&A, and each challenge and acquisition financing. Mr. McIntosh has held senior economical positions with a range of important personal and community businesses. He has, among the other factors, overseen the financial operations, the corporate growth operate, and the ‘going public’ approach for two main Canadian firms.

About 10 decades, ending in 2012, he formulated and managed from commence-up a group of special small business entities/operations and the company infrastructure needed to aid the complete diverse group. As Senior Monetary Advisor to this one of a kind group of entities, in the course of this time period he nurtured and oversaw the expansion of an organic and natural farm a hydro-electric powered power generation team an expenditure lender and, the Paloma Basis – all from original thought to entirely working working entities. He was liable, both by itself or in live performance with other experts, for establishing and protecting all of the operating units and treatments essential for each individual of these operating units he was exclusively charged to guarantee these operating models remained true to their mandate and concentrate, although doing exercises sound organization tactics.

Lance began his organization profession as a university student-in-accounts with Selling price Waterhouse & Co. and obtained his designation as a chartered accountant in 1977. He is presently a member in great standing of the Institute of Chartered Expert Accountants of Ontario and of Canada. Mr. McIntosh graduated cum laude, obtaining his H.B.A. from Trinity College, College of Toronto.

Magnetic North has acknowledged the resignation of Ms. Cindy Davis. We thank Ms. Davis for her difficult function, expertise, and tireless efforts with Magnetic North.

About Magnetic North Acquisition Corp.

Magnetic North invests and manages businesses on behalf of its shareholders and thinks that capital by yourself does not generally guide to good results. With places of work in Calgary and Toronto, our expert management group applies its considerable administration, functions and funds markets knowledge to be certain its investee businesses are as thriving as attainable for shareholders. Magnetic North shares trade on the TSX Venture Exchange under the stock image MNC. For extra facts about Magnetic North, visit its website at www.magneticnac.com. Magnetic North’s securities filings can also be accessed at www.sedar.com.

For even more information and facts, be sure to make contact with:

Neither the TSX Venture Trade nor its Regulation Providers Supplier (as that expression is defined in procedures of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this news launch.

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DURECT Corporation Appoints Timothy M. Papp as Chief Financial Officer

DURECT Corporation Appoints Timothy M. Papp as Chief Financial Officer

CUPERTINO, Calif., July 5, 2022 /PRNewswire/ — DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical corporation targeted on epigenetic regulation to create solutions for acute organ damage and continual liver illnesses, currently declared the appointment of Timothy M. Papp as its Main Economical Officer. In this new purpose, Mr. Papp will immediate and oversee all fiscal and funds markets things to do such as accounting, economic reporting, economical planning and examination, fiscal system, and trader relations.

“We are psyched to welcome Tim to our government leadership crew, as he delivers his deep being familiar with of corporate finance and company worth motorists to DURECT,” said James E. Brown, D.V.M., President and Main Government Officer of DURECT.

Mr. Papp delivers above 25 many years of corporate finance experience to DURECT, such as 15 decades in the Biopharma sector. He joins DURECT from RBC Capital Marketplaces, in which he was a Handling Director of Health care Investment Banking. Earlier, he served as a Managing Director of Health care Expenditure Banking at Stifel, and he also served in Investment Banking and Mergers & Acquisitions roles at Cowen, Keybanc Cash Marketplaces, and Rodman & Renshaw. Mr. Papp graduated cum laude from Duke University with a B.S. in Economics and gained an MBA from The Wharton College of Organization with a focus in Finance.

Mr. Papp commented, “I imagine that larsucosterol is an underappreciated asset that has the opportunity to change the procedure of liquor-related hepatitis as properly as other indications. I am fired up to be a part of the DURECT crew at this significant juncture of its company improvement.”

About DURECT Corporation 
DURECT is a biopharmaceutical corporation fully commited to reworking the procedure of acute organ damage and persistent liver diseases by advancing novel and likely lifesaving therapies primarily based on its endogenous epigenetic regulator plan. Larsucosterol (also identified as DUR-928), DURECT’s lead drug candidate, binds to and inhibits the exercise of DNA methyltransferases (DNMTs), epigenetic enzymes which are elevated and involved with hypermethylation uncovered in alcoholic beverages-affiliated hepatitis (AH) people. Larsucosterol is in medical growth for the probable treatment method of AH, for which Fda has granted a Rapid Monitor Designation non-alcoholic steatohepatitis (NASH) is also being explored. In addition, POSIMIR® (bupivacaine resolution) for infiltration use, a non-opioid analgesic employing the modern SABER® platform technologies, is Food and drug administration-accepted and has been completely certified to Innocoll Pharmaceuticals for progress and commercialization in the United States. For much more information and facts about DURECT, you should visit www.durect.com and abide by us on Twitter https://twitter.com/DURECTCorp.

DURECT Forward-Looking Statement
This press release has ahead-looking statements that include significant threats and uncertainties. Ahead-on the lookout statements include, without having limitation, statements about the scientific enhancement of larsucosterol (DUR-928) for probable procedure of AH, the prospective to develop larsucosterol for NASH or other indications, the expected industrial launch of POSIMIR by Innocoll and likely foreseeable future payments we may well get from Innocoll.  Actual success or events could differ materially from the programs, intentions, anticipations and projections disclosed in the forward-seeking statements. Different essential things could trigger genuine success or events to differ materially, such as, but not minimal to, the risk that the AHFIRM (Liquor-affiliated Hepatitis to assess Protection and effIcacy of laRsucosterol Cure) demo can take lengthier to carry out than anticipated thanks to COVID-19 or other elements, the risk that ongoing and foreseeable future medical trials of larsucosterol do not ensure the success from before clinical or pre-scientific trials, or do not exhibit the safety or efficacy or the existence-conserving probable of larsucosterol in a statistically important fashion,  the hazard that Innocoll may not commercialize POSIMIR successfully, if at all, and pitfalls relevant to our capability to get capital to fund functions and expenditures, and other hazards explained in the “Possibility Elements” section of DURECT’s Quarterly Report on Form 10-Q submitted with the Securities and Exchange Fee (SEC) on May 5, 2022,  and in other filings filed from time to time with the SEC. DURECT does not think any obligation to update any ahead-wanting statements, other than as necessary by legislation. The 10-Q and other general public filings are accessible on our website www.durect.com under the “Investors” tab.

Note: POSIMIR® is a trademark of Innocoll Prescribed drugs, Ltd. in the U.S. and a trademark of DURECT Corporation outside of the U.S. SABER® is a trademark of DURECT Corporation. Other referenced trademarks belong to their respective house owners. Larsucosterol (DUR-928) is an investigational drug applicant underneath enhancement and has not been accredited for commercialization by the U.S. Foods and Drug Administration or other wellbeing authorities for any indication.

Source DURECT Company

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Dartmouth Names Chief Financial Officer and Finance VP

Dartmouth Names Chief Financial Officer and Finance VP

Scott Frew has been named Dartmouth’s chief money officer, Executive Vice President Rick Mills announced now.

Frew has served as interim vice president for finance and treasury considering that Aug. 30. His appointment is successful right away.

“Scott is an modern chief whose skillful oversight has performed an significant job in more solidifying Dartmouth’s financial basis,” Mills states. “With his determination to transparency and ahead-contemplating strategy, he is the suitable individual to lead the finance workforce.”

Mills also announced that Dianne Ingalls ’84, Tuck ’88, has been named vice president for finance and controller, also efficient quickly. She has served as interim in that job, also considering that Aug. 30.

“Dianne has cast solid associations with administrative and fiscal officers across the establishment, efficiently overseen inside and external reporting and examination, and productively led initiatives to strengthen establishment-large money guidelines, tools, and purposes,” Mills suggests.

Frew and Ingalls had been named as co-interim vice presidents for finance next the departure of Mike Wagner, who left Dartmouth very last summertime immediately after serving right here for 20 yrs, most just lately as main monetary officer, to grow to be vice president for finance and functions and faculty treasurer at Williams College.

As CFO, Frew will be dependable for oversight of features that span the institution, together with fiscal planning, financial debt and money administration, endowment administration, and insurance coverage. He will make on solid economic management methods that exist at Dartmouth, target on keeping and bettering the institution’s economical strength in response to financial and other factors, and guidance the Board of Trustees’ Sources Committee and Investment decision Committee.

“I am energized and humbled by the possibility to carry on to support and advance Dartmouth’s financial ambitions,” claims Frew, who experiences to Mills. “We have a excellent staff, and I have loved doing the job with Dianne, so I am delighted with her marketing.”

Frew joined Dartmouth in 2005 as director of endowment administration. In 2011, he turned director of finance and treasury management, and in 2015, assistant vice president for finance and treasury administration. Ahead of coming to Dartmouth, Frew labored in the Financial Leadership Method at Fidelity Investments. 

He gained an MBA from Babson Higher education and his undergraduate degree in company from the University of Calgary.

Ingalls says she’s eager to choose on the VP finance place and keep on to construct on Dartmouth’s robust basis in finance.

“Scott and I have worked alongside one another for a lengthy time, and we recognize and enjoy just about every other’s strengths,” she says. “I look forward to continuing to work closely with him and the overall finance workforce on the significant work we do to assist the fiscal functions of the institution.”

As vice president for finance and controller, Ingalls will report to Frew, supply management to fiscal functions within the division and throughout the institution, and provide oversight for vital guidelines, processes, and systems associated with administration of Dartmouth’s economical assets and business enterprise functions. She also will guidance the Board of Trustees’ Audit and Oversight Committee.

A licensed CPA, Ingalls began do the job as Dartmouth’s director of economic reporting in 2004, and in 2012 became associate controller. In 2020, she was named assistant vice president and controller. Right before working at Dartmouth, she held controller and chief economical officer roles in production, technological know-how, and services corporations.

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Ebike subscription company Dance adds chief financial officer Tobias Jordan to its executive team

The seasoned finance professional joins as the firm displays consumer curiosity in new micromobility products throughout Europe

BERLIN – Jan. 25, 2022 – Dance, the ebike subscription company focused to creating sustainable transportation uncomplicated and practical, now announced that Tobias Jordan is joining the executive workforce as chief monetary officer in a new position for the micromobility startup. This milestone follows launching a pilot in Hamburg, Germany in December 2021 and following the service’s start in Berlin in September 2021.
Jordan arrives to Dance with more than 20 yrs of encounter in intercontinental financial investment banking from numerous roles at Credit score Suisse, like most lately serving as the finance firm’s EMEA head of technological know-how-enabled products and services banking. Earlier, he put in 14 decades in the U.S. exactly where he was dependable for internet financial commitment banking. Through his tenure, he advised large-expansion technologies firms that designed into multibillion greenback, sector-main players in the personal and community marketplace.

Escalating the motion
“We’re a startup with worldwide ambitions, and welcoming an govt team member with two a long time of fiscal working experience all around the entire world with know-how businesses is good as we prepare for enlargement in 2022 and past,” claimed Eric Quidenus-Wahlforss, CEO and cofounder of Dance. “Tobias will come to Dance with a builder’s frame of mind, and I’m pleased to welcome him to our mission of developing cleaner, much more sustainable towns,” Quidenus-Wahlforss included.
“I am seeking ahead to creating and scaling Dance’s finance purpose to permit the company’s advancement,” reported Tobias Jordan, Dance’s recently appointed main monetary officer. “In university, I worked as a bike mechanic for a biking tour operator and because then, have experienced a lifelong passion for biking. By producing it much easier for far more individuals to select an ebike for their day-to-day mobility desires, we can make cities far better spots to live – and as a team we can make that eyesight a fact,” Jordan observed.

Ebikes’s rising recognition paired with purchaser hesitation about traditional possession
Jordan joins the organization as additional consumers look to alternate transportation selections as the world-wide pandemic proceeds to adjust our culture 40 percent of Europeans have pointed out they want to test an ebike owing to COVID-19.
In addition, in a study* carried out by Dance and Wakefield Study in four big European international locations, consumers identify the positive aspects of ebike usage – and burgeoning fascination in a membership option in distinction to conventional ownership or rental:

  • 71 {21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} want to move to a commuting selection that enables them to have a more healthy life style like making use of an ebike, but 61 percent wished the process of getting a bicycle was much easier

  • 41 percent of current bike house owners expressed concern about the price tag of ownership further than the preliminary order price tag 86 percent noted they have experienced to make surprising payments to manage/maintenance a bicycle – investing an normal of 147 Euros to keep a common bicycle

  • At the similar time, lots of cited numerous good reasons for contemplating ebike – significantly less physical work essential to entire daily journeys (49 per cent), can ride more time distances as when compared to a frequent bicycle (34 percent) and far more environmentally friendly when compared to other vehicles (29 p.c)

  • 32 p.c mentioned they have been most likely to enroll for an ebike membership services.

Dance at present provides customers in Berlin and Hamburg a complete-services strategy to ebikes: for a regular monthly rate, associates get their very own distinct ebike upkeep, repairs and theft coverage are provided with membership. To study additional, take a look at dance.co.

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*​​The Dance – Ebike Study was done by Wakefield Research between 2400 full normal individuals residing in or in close proximity to key towns with 600 each individual in the following marketplaces: Austria, The Netherlands, France, and Germany, involving December 2nd and December 15th, 2021, using an e mail invitation and an on the web study.

ABOUT DANCE
Dance is a quality ebike membership support based mostly in Berlin. The company’s mission is to make much more livable towns centered about communities of folks, not site visitors. Dance brings together uncomplicated-to-use companies with a fantastically developed ebike, elevating day-to-day transportation into a joyful, wholesome and sustainable act. A every month membership cost gives flexibility for members who want to test a new way to commute outside the house of motor vehicle ownership. Dance’s company is at present live in Berlin and Hamburg and was started by SoundCloud founders Eric Quidenus-Wahlforss and Alexander Ljung, jointly with the co-founder of Jimdo, Christian Springub. Traders consist of BlueYard, HV Cash and Eurazeo.

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Baidu Appoints Rong Luo as Chief Financial Officer

BEIJING, Nov 1, 2021 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) (“Baidu” or the “Firm”), a foremost AI company with potent Web foundation, right now introduced the appointment of Rong Luo as chief economical officer, successful straight away.

“Rong has considerable experience in economical administration and cash markets,” stated Robin Li, Baidu’s co-founder and CEO. “We are delighted to welcome Rong to our administration workforce and hope his skills and leadership capabilities to support us reach our up coming stage of progress in the AI era.”

“I am quite psyched to sign up for Baidu. I search ahead to working with the executive staff to travel the foreseeable future progress for Baidu,” explained Mr. Luo.

Rong Luo joins Baidu from TAL Education and learning Team, an NYSE detailed business, exactly where he served as the main economic officer because November 2014 and played a number of critical administration roles. Prior to that, Mr. Luo was the main monetary officer of eLong Inc. from 2013 to 2014. Before that, Mr. Luo held different fiscal management positions at Lenovo Group and Microsoft. Mr. Luo retains bachelor’s levels in equally info administration & systems and economics from Peking University, a master’s degree in management science and engineering from Tsinghua College, and a Ph.D. diploma in administration science from Peking College.

About Baidu

Founded in 2000, Baidu’s mission is to make the complex earth simpler via technology. Baidu is a major AI company with potent World wide web foundation, investing on Nasdaq beneath “BIDU” and HKEX less than “9888”. One Baidu Ads represents eight Course A ordinary shares.

Contacts
Traders Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Electronic mail: [email protected]

Secure Harbor Assertion

This announcement contains forward-wanting statements. These statements are manufactured less than the “safe and sound harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These ahead-on the lookout statements can be recognized by terminology this kind of as “will,” “expects,” “anticipates,” “foreseeable future,” “intends,” “options,” “believes,” “estimates,” “assured” and equivalent statements. Amongst other issues, the quotations from management in this announcement, have forward-on the lookout statements. Baidu may well also make written or oral forward-looking statements in its periodic reviews to the U.S. Securities and Exchange Fee, in bulletins produced on the website of The Stock Trade of Hong Kong Limited (the “Hong Kong Stock Trade”), in its annual report to shareholders, in push releases and other penned resources and in oral statements created by its officers, administrators or personnel to 3rd functions. Statements that are not historical specifics, like but not constrained to statements about Baidu’s beliefs and anticipations, are ahead-searching statements. Forward-wanting statements entail inherent challenges and uncertainties. A number of elements could lead to genuine success to differ materially from people contained in any forward-wanting statement, such as but not confined to the subsequent: Baidu’s development methods its potential small business progress, together with enhancement of new merchandise and products and services its skill to bring in and retain users and clients level of competition in the Chinese Online look for and newsfeed sector competition for on-line advertising clients alterations in the Firm’s revenues and specified expense or expense products as a percentage of its revenues the consequence of ongoing, or any long term, litigation or arbitration, which includes people relating to mental house legal rights the predicted expansion of the Chinese-language Net search and newsfeed current market and the quantity of Online and broadband end users in China Chinese governmental guidelines relating to the World wide web and Net research companies, and typical financial circumstances in China and in other places. Even more information about these and other pitfalls is bundled in the Firm’s yearly report on Form 20-F and other documents submitted with the Securities and Trade Commission, and bulletins on the web page of the Hong Kong Inventory Exchange. Baidu does not undertake any obligation to update any forward-looking assertion, except as expected beneath applicable legislation. All information and facts supplied in this press launch and in the attachments is as of the date of the push launch, and Baidu undertakes no duty to update this sort of information, except as necessary less than applicable regulation.

Source Baidu, Inc.

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