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Norfolk Southern Corporation (NYSE:NSC) today announced three changes in the company's executive management team.

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• Nabanita Nag is appointed Executive Vice President & Chief Legal Officer.
• Jason Morris is appointed Vice President Law.
• Wai Wong is appointed Vice President Labor Relations.

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"These moves enhance the leadership of our Law Division, strengthen our ability to deliver long-term shareholder value, and demonstrate our deep bench of executive talent," said President and CEO Alan Shaw.

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Nabanita Nag joined Norfolk Southern in August 2020 as General Counsel Corporate. She was elevated to Senior Vice President & Chief Legal Officer in March 2022. In her new role, Nag will oversee Law, Government Relations, and Audit & Compliance, as well as the Corporate Secretary's office.

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"Nabanita is a strategic thinker and collaborative leader who has made an immediate impact on our company," Shaw said. "By bringing our Law, Government Relations, and Audit & Compliance teams together under Nabanita's leadership, we strengthen alignment across these departments as we engage with stakeholders on issues of importance to our company and the nation's economy."

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Prior to joining Norfolk Southern, Nag served as Vice President & Corporate Counsel in the Financial Management Law Group at Prudential Financial. Before that, she was Vice President & Associate General Counsel in the Finance & Corporate Legal Group at Goldman Sachs and associate attorney with Shearman & Sterling. She is a graduate of New York University School of Law and holds Bachelor of Arts degrees in English and Government from Georgetown University.

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Jason Morris joined Norfolk Southern's Law department in 2010, handling safety, labor, and employment issues. He later moved to the company's Safety & Environmental Department, serving as System Director Safety before being promoted to Assistant Vice President in 2018. In June 2021, he was named Vice President Labor Relations.

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"Jason is a skilled lawyer and effective leader who returns to the Law department with strong institutional knowledge and a broad range of experiences at Norfolk Southern," Shaw said. "His experience in Labor Relations will be especially valuable in his new role."

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Morris, a U.S. Air Force veteran, previously served as a legislative director in the U.S. House of Representatives and as a logistics readiness officer in the Virginia Air National Guard. He is a graduate of the U.S. Air Force Academy, the University of Virginia School of Law, and the Executive Development Program at the Kellogg School of Management at Northwestern University.

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Wai Wong, currently Assistant Vice President Human Resources, joined Norfolk Southern in 2015 as Assistant General Solicitor, where he handled labor and employment law. He then progressed through a series of roles including Counsel, Technology and Strategic Communications, and Director Employee Experience.

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"Wai's legal background, coupled with his experience in Human Resources, position him well to lead our Labor Relations team," said Executive Vice President & Chief Transformation Officer Annie Adams. "During his time in HR, Wai has focused on enhancing the employee experience and driving engagement – including important efforts to support our Operations Division and craft railroaders."

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Prior to joining Norfolk Southern, Wong was an associate attorney with Gibson, Dunn & Crutcher LLP. He graduated from the University of Virginia School of Law and received a Bachelor of Arts degree in economics from Princeton University.

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All three of the appointments are effective July 1.

In recognition of its efforts to encourage the evolution within the natural gas industry toward a sustainable future, Southern Company Gas has been honored with the 2022 Southern Gas Association Environmental, Social & Governance Award.

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Southern Company Gas' Next Generation Natural Gas Initiative leverages the company's leadership voice, collaborative spirit, and low-carbon ambitions to rally industry peers to work together to accelerate meaningful emissions reductions across the natural gas value chain. The company convened a collaborative of natural gas distribution companies working to grow and support the market for responsibly sourced, low emissions, differentiated natural gas products by identifying best practices and sharing knowledge and experiences.

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"Differentiated natural gas is an opportunity within our industry to support emissions reductions across the natural gas value chain. By encouraging greater use of Next Generation Natural Gas, natural gas distribution companies like ours can support the reduction of the carbon intensity of the natural gas supply chain for the benefit of our customers," said Joanne Mello, vice president of corporate sustainability for Southern Company Gas. "We are proud to be honored by the SGA and to be among such esteemed companies that are doing important work in sustainability."

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The SGA Awards recognize individuals and teams for their technical contributions, professional excellence, career achievement, service to colleagues, industry leadership and community service. In all, six member companies were selected for awards out of 68 submissions, with more than 2,000 votes cast from Southern Gas Association members. Since Southern Company Gas helped convene the Next Generation Natural Gas collaborative effort in 2021, the group has grown to 11 companies dedicated to advancing environmental transparency and sustainability in the natural gas industry. With a commitment to continuous improvement and market transparency, the group continues its groundbreaking work through collaboration and educational efforts.

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Complete details on the award winners can be found here.

Worldwide Express (WWEX) and Richmond Raceway have partnered on the entitlement of the summer NASCAR Camping World Truck Series Playoff race on Saturday, Aug. 13. The official name of the first-ever Camping World Truck Series Playoff race at America's Premier Short Track will be the Worldwide Express 250 for Carrier Appreciation. As part of the entitlement, Worldwide Express will share their gratitude to their freight and parcel carrier partners.

"We welcome Worldwide Express for their first entitlement partnership in NASCAR with the Worldwide Express 250 for Carrier Appreciation NASCAR Camping World Truck Series Playoff race at Richmond Raceway," said Lori Collier Waran, Richmond Raceway President. "As Worldwide Express continues to grow its presence in NASCAR as part of its 3anniversary, we look forward to introducing their brand as part of the iconic fan experience at America's Premier Short Track."

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To download the Worldwide Express 250 for Carrier Appreciation logo, click here.

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"As we deepen our relationship with NASCAR and work toward further involvement in the sport, we are excited to put our name on the race in Richmond," said Worldwide Express President Rob Rose. "Our CEO Tom Madine and I both have ties to Virginia and many of our carrier partners have their homebase in the region, so the entitlement just makes good sense for us. The logistics and supply chain world have been chaotic the past year and our business wouldn't be possible without those carriers, so this is a unique opportunity to say thank you to them leading up to and during the race."

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Through its WWEX Racing program, Worldwide Express, along with its sister brands GlobalTranz and Unishippers, earlier this year announced a multi-year partnership with Trackhouse Racing as a primary sponsor on the No. 1 driven by Ross Chastain and No. 99 driven by Daniel Suarez. The brands also serve as the full-season, primary partner with Niece Motorsports on the No. 40 driven by Dean Thompson, the No. 41 driven by Ross Chastain for four Camping World Truck Series races and the No. 42 driven by Carson Hocevar in eight Camping World Truck Series races, which includes the Worldwide Express 250 for Carrier Appreciation at Richmond Raceway. For more information on WWEX Racing, visit www.wwexracing.com.

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Founded in 1992, Worldwide Express began as a franchisor with the goal of providing unmatched shipping logistics services to the small and medium-sized business (SMB) community. In the three decades since, the Worldwide Express family of brands has become a top-ranked, full-service logistics provider and the second-largest privately held freight brokerage in North America, with customers spanning from SMBs to the Fortune 100.

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Together, Worldwide Express, GlobalTranz and Unishippers offer market-leading solutions for parcel, less-than-truckload (LTL) and truckload shipping and managed transportation services delivered through proprietary technology. With the company's unique data assets and business intelligence capabilities, more than 115,000 shippers benefit from enhanced visibility and efficiency for their supply chains. The company will manage more than 35 million shipments in 2022 through its network of carrier partners, including over 65 leading LTL carriers and more than 85,000 truckload carriers. To learn more about Worldwide Express, visit wwex.com.

Producers Midstream II, LLC ("Producers Midstream" or the "Company"), a Dallas-based portfolio company of Tailwater Capital focused on providing a full suite of turnkey midstream solutions to producers across the U.S., today announced that it has secured a new syndicated credit facility led by Texas Capital Bancshares, Inc., Bank of Oklahoma and Cadence Bank. The credit facility will allow the Company to borrow up to an additional $200 million assuming certain conditions are met.

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Following the successful acquisition and integration of Midcoast Energy's gas gathering and processing assets in the Anadarko Basin earlier this year, Producers Midstream has continued to optimize and integrate its operations and grow its geographic footprint. This integration effectively combines the Anadarko Basin to midstream operations in the Permian Basin and creates extensive running room for further growth behind the consolidated system. The credit facility will provide additional resources to further support the Company's operations and ability to capitalize on the growing opportunity set within the Eastern Shelf of the Permian Basin as production continues to increase with best-in-class well results. Operators behind the Company's midstream system, targeting the Strawn Sands, have increased production by over 400% since the beginning of 2019 due to breakevens on par with or exceeding the core of the Midland Basin.

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"We continue to see strong momentum across our business and remain intently focused on solidifying our role as the midstream infrastructure partner of choice for operators targeting the Strawn Sands within the Eastern Shelf," said Matt Flory, Chief Executive Officer of Producers Midstream. "The integration of the Midcoast assets expanded our capabilities in key geographies, and this commitment underscores our growth potential as we continue to provide a high quality and effective midstream infrastructure solutions for our customers."

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"This financing further positions Producers Midstream to capitalize on significant long-term opportunities in an increasingly attractive area," said Stephen Lipscomb, Partner at Tailwater Capital. "Our customers continue to deliver outstanding well results, and we will continue providing them with reliable, responsive and innovative service offerings."

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Kirkland & Ellis LLP served as legal advisor to Producers Midstream and Tailwater Capital.

Legendary beauty icon Kim Baker is making history with the launch of her GLAMAZON Beauty cosmetic line on ShopHQ - June 30th. Glamazon Beauty is a premier cruelty-free, high-quality beauty line catering to all skin types and features an array of nourishing face, lip and eye products such as hydrating lip gloss, vegan foundation and concealer.

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"ShopHQ is excited to announce GLAMAZON Beauty as their newest retail partner in this monumental month celebrating Juneteenth," states a ShopHQ senior executive. "GLAMAZON Beauty will be the first Black-owned beauty brand to launch on Shop HQ on Thursday, June 30th 2022."

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Kim states: "I am excited to align with ShopHQ and make history by becoming the very first Black-owned beauty brand to launch on its network." "Together we are creating the change we wish to see in the world."

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In addition to being the Founder and CEO of Glamazon Beauty, Kim is also a celebrity makeup artist whose client roster includes Angela Bassett, Toni Braxton, Tracee Ellis Ross, and Tom Cruise. She entered the beauty world as a 13-year-old model, later garnering huge success as a plus size model in the 90's. 30 years later Kim continues to be a trendsetting innovator and a legendary figure in the world of beauty.

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"I established the GLAMAZON Beauty brand out of my frustration in not being able to find products that match my skin tone and that felt weightless. I wanted a skin-like finish to look and feel like myself but a little prettier."

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Follow ShopHQ's Facebook (@ShopHQOfficial) and Instagram page (@ShopHQ) to catch Kim Baker live on June 29th. A full suite of GLAMAZON Beauty cosmetic products will be immediately available on ShopHQ.com, on June 30th.

With prices of both consumer and business goods and services on the rise, many software companies are debating whether they, too, should implement price increases. For companies struggling with that question, industry consulting firm Software Pricing Partners offers key insights.

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"This is a tricky time for software companies regarding their pricing," said Chris Mele, managing partner at Software Pricing Partners. "While other industries can leverage commodity shortages and cost increases to raise their own prices and, in some cases, generate additional profits, software companies can't exploit such factors,"

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U.S. software companies are seeing a rise in the wages of experienced software engineers, architects and developers–a Robert Half survey suggests a 3.8% increase in average salaries for software engineers in 2022. "But wages aren't a commodity, and the disparity in how they affect individual software companies—due to differences in geography, work structure or even willingness to subsidize growth—makes using them as the basis for raising prices especially difficult," said Mele.

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Many software companies have added great value to their solution over time but have resisted, neglected, or had no mechanism to determine price increases. They may view the current environment as an opportunity to catch up.

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"But underpinning a company's price increase with an inflation bump is like setting its initial pricing model based on how its competitors do. It's a trap—a shortcut with no foundation in actual performance," said Mele.

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Instead, companies need to evaluate the right time and the right way to do a price increase. Here are the key factors to consider:

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1. Software pricing must reflect the value of the company's solution.

a. It is not a game of, "how much can we get away with", but rather the company's pricing model must align with how companies and customers use the product and generate value from it. For more information on this, visit the article: An Introduction to Successful Software Pricing.

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2. Timing is a key consideration when increasing prices, specifically:

a. For whom will prices increase and when? Choosing to increase prices only for low-probability-to-churn customers is risky, and violates important Market Fairness principles.
b. Will the price for existing customers and new customers go up at the same point or will companies start with new customers only?
c. Will all legacy customers get the price increase at the same time, or will companies stratify based on length of relationship or some other criteria?

How companies handle the timing can have a large impact on customer churn and must be well-planned.

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3. Communication is the most impactful consideration of all.
Achieving a successful price increase, with minimal customer churn, requires effective communication to customers. Companies will need to clearly and thoughtfully explain the rationale—why they are increasing prices—and the process—how and when companies are going to go about it. The process component will address decisions companies make about the roll-out timing and phase-in or all-at-once elements above. Moreover, the communication edict also extends to each company's internal marketing, sales and customer service staff, as they must be able to understand and convey the rationale and the process.

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4. When it comes to price increases, a "soft-land" approach is key to the company's overarching objective.
Not only will careful planning, open communication, and fair-minded implementation help companies accomplish that, but they will also protect companies from using inflation as the excuse to claw back revenue from past pricing mistakes. And in the end, companies will be able to minimize customer churn and sales friction and even strengthen customer relations.

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For more information, please visit: softwarepricing.com

LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced revised guidance for the current quarter.

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"Our variable marketing model continues to serve us well as difficult economic forces have persisted, and in many instances worsened, so far this year.  Despite rapid increases in interest rates, rampant consumer price inflation, and looming recession fears presenting persistent headwinds for some of our operating segments, our diversified business model and strong balance sheet allow us to continue to strengthen our competitive position while navigating shorter-term macro driven challenges," said Doug Lebda, Chairman and CEO.  "This year we remain focused on our key strategic initiatives to create even more useful, usable, and desirable experiences for consumers that come to LendingTree for their borrowing and insurance needs.  We are happy with the pace of execution on these plans and expect the positive impact from them to begin to manifest in the quarters ahead."

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Chief Financial Officer, Trent Ziegler added, "The challenging interest rate environment that progressed through this quarter combined with annual inflation persistently running above 8% has presented additional challenges for many of our mortgage lending and insurance partners.  We have seen the most significant impact in our Home segment as mortgage rates have nearly doubled over the last six months, causing a sharp decline in refinance volumes and more recent pressure on purchase activity.  Although our Insurance segment continues to rebound from the trough in 4Q 2021, the recovery has been slower than expected as demand from our carrier partners remains volatile as premium increases continue to chase inflation.  On a positive note, our Consumer segment continues to perform quite well, as we expect approximately 40% growth in the quarter.  Annual guidance provided in our 1Q earnings announcement is under review, and we intend to provide a revised outlook when we announce formal 2Q results next month.  Despite near-term headwinds, our balance sheet remains incredibly solid, we expect continued positive cash flow generation, and we continue to operate from a position of strength."

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2Q 2022 Preliminary Results

• Revenue is now anticipated in the range of $259 - $264 million vs prior range of $283 - $293 million.
• Variable marketing margin is now anticipated to be $88 - $92 million vs prior range of $100 - $106 million.
• Adjusted EBITDA is now anticipated to be in the range of $26 - $29 million vs prior range of $35 - $40 million.

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LendingTree is not able to provide a reconciliation of projected variable marketing margin or adjusted EBITDA to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of the effects of legal matters and tax considerations. Expenses associated with legal matters and tax considerations have in the past, and may in the future, significantly affect GAAP results in a particular period.  

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LendingTree's Principles of Financial Reporting

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LendingTree reports variable marketing margin and Earnings Before Interest, Taxes, Depreciation and Amortization, as adjusted for certain items discussed below ("Adjusted EBITDA") as non-GAAP measures supplemental to GAAP.

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Variable marketing margin is defined as revenue less variable marketing expense.  Variable marketing expense is defined as the expense attributable to variable costs paid for advertising, direct marketing and related expenses, and excluding overhead, fixed costs and personnel-related expenses.  The majority of these variable advertising costs are expressly intended to drive traffic to our websites and these variable advertising costs are included in selling and marketing expense on the Company's consolidated statements of operations and consolidated income.  Variable marketing margin is a measure of the operating efficiency of the Company's operating model, measuring revenue after subtracting variable marketing and advertising costs that directly influence revenue.  The Company's operating model is highly sensitive to the amount and efficiency of variable marketing expenditures, and the Company's proprietary systems are able to make rapidly changing decisions concerning the deployment of variable marketing expenditures (primarily but not exclusively online and mobile advertising placement) based on proprietary and sophisticated analytics.  Variable marketing margin is a primary metric by which the Company measures the effectiveness of its marketing efforts.

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EBITDA is defined as net income from continuing operations excluding interest, income taxes, amortization of intangibles and depreciation.  Adjusted EBITDA is defined as EBITDA excluding (1) non-cash compensation expense, (2) non-cash impairment charges, (3) gain/loss on disposal of assets, (4) gain/loss on investments, (5) restructuring and severance expenses, (6) litigation settlements and contingencies, (7) acquisitions and dispositions income or expense (including with respect to changes in fair value of contingent consideration), and (8) one-time items.  Adjusted EBITDA is a primary metric by which LendingTree evaluates the operating performance of its businesses, on which its marketing expenditures and internal budgets are based and by which management and many employees are compensated in most years.

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The most directly comparable GAAP measure for both variable marketing margin and adjusted EBITDA is net income from continuing operations.

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LendingTree endeavors to compensate for the limitations of these non-GAAP measures by also providing the comparable GAAP measures with equal or greater prominence and descriptions of the reconciling items, including quantifying such items, to derive the non-GAAP measures.  However, LendingTree is not able to provide a reconciliation of projected variable marketing margin or adjusted EBITDA to the most directly comparable expected GAAP results due to the unknown effect, timing and potential significance of the effects of legal matters and tax considerations.  Expenses associated with legal matters and tax considerations have in the past, and may in the future, significantly affect GAAP results in a particular period.  These non-GAAP measures may not be comparable to similarly titled measures used by other companies.

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Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

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The matters contained in the discussion above may be considered to be "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations or anticipations of LendingTree and members of our management team.  Factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include the following: uncertainty regarding the duration and scope of the coronavirus referred to as COVID-19 pandemic; actions governments and businesses take in response to the pandemic, including actions that could affect levels of advertising activity; the impact of the pandemic and actions taken in response to the pandemic on national and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; adverse conditions in the primary and secondary mortgage markets and in the economy, particularly interest rates; default rates on loans, particularly unsecured loans; demand by investors for unsecured personal loans; the effect of such demand on interest rates for personal loans and consumer demand for personal loans; seasonality of results; potential liabilities to secondary market purchasers; changes in the Company's relationships with network lenders, including dependence on certain key network lenders; breaches of network security or the misappropriation or misuse of personal consumer information; failure to provide competitive service; failure to maintain brand recognition; ability to attract and retain consumers in a cost-effective manner; the effects of potential acquisitions of other businesses, including the ability to integrate them successfully with LendingTree's existing operations; accounting rules related to contingent consideration and excess tax benefits or expenses on stock-based compensation that could materially affect earnings in future periods; ability to develop new products and services and enhance existing ones; competition; allegations of failure to comply with existing or changing laws, rules or regulations, or to obtain and maintain required licenses; failure of network lenders or other affiliated parties to comply with regulatory requirements; failure to maintain the integrity of systems and infrastructure; liabilities as a result of privacy regulations; failure to adequately protect intellectual property rights or allegations of infringement of intellectual property rights; and changes in management. These and additional factors to be considered are set forth under "Risk Factors" in our Annual Report on Form 10-K for the period ended December 31, 2021, in our Quarterly Report on Form 10-Q for the period ended March 31, 2022, and in our other filings with the Securities and Exchange Commission.  LendingTree undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results or expectations.

Goodnight Midstream LLC ("Goodnight"), a leading midstream produced water infrastructure company, today announced two new initiatives with industry-leading partners aimed at expanding the utilization of renewable energy and supporting grid reliability.

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Goodnight has signed a definitive agreement for the installation of a 500-kilowatt solar generation system at one of its Llano pipeline receipt points in Eddy County. Goodnight will lease the photovoltaic supplemental power system from Priority Power, a leader in energy optimization and infrastructure, offering smart energy solutions and streamlined transitions to carbon neutrality. The system is expected to begin commercial operations during the fourth quarter of 2022, and Goodnight's ongoing produced water operations will enable an estimated 750 MWh of solar energy annually to be sold back to the New Mexico power grid for use by other customers in the region.

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The Company today also announced that it has entered into a groundbreaking demand response program in North Dakota, in partnership with Power-on-Demand, LLC, which will provide a 500-kilowatt battery energy storage system for temporary power that can be utilized during operating peaks and demand changes. The program is designed to support the Southwest Power Pool Operating Reserves in improving the reliability, resiliency and sustainability of the grid, and managing peak demand for customers across a multi-state footprint. The program is expected to be operational by the end of 2022 and to expand to up to 14 additional sites in the state in the coming two to three years.

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The program builds on Goodnight's current participation in the ERCOT demand response program that is increasingly critical to enhancing electrical reliability and combatting intermittency issues in the state of Texas.

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"At Goodnight, our business is centered around an environmentally conscious approach and these recent initiatives underscore our commitment to expand our ESG efforts even further," said Patrick Walker, CEO of Goodnight Midstream. "As we provide safe, efficient and sustainable produced water services, we are continuously evaluating and identifying new ways to reduce emissions and have a positive impact on the environment. We look forward to continue working with industry leaders and innovators to enhance the amount of renewable energy that supports our infrastructure and operations, while simultaneously facilitating the delivery of reliable, sustainable energy to the communities in which we operate."

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In 2021, Goodnight transported over 100 million barrels of produced water through its pipelines, resulting in 18,600 metric tons of reduced carbon dioxide emissions. That is equivalent to avoiding more than 11.9 million truck miles or removing 4,046 cars from the road.

Lifescale Analytics Inc., (LSA) is a Woman Owned Small Business with years of experience providing expertise in a spectrum of customized consulting data services and solutions, including Data Science and Visualizations, Cloud and Infrastructure, Cybersecurity, Artificial Intelligence, Engineering, and Geospatial solutions that focus on building strong portfolios and programs. LSA is making a dramatic impact on the power industry with their open-source solution, The Fault Trace Tool (FTT). The Fault Trace Tool is a Web Based mapping and API (application programming interface) solution that helps companies in the power industry identify the fault locations of lightning strikes and other operations data in a power system.

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Lifescale Analytics clients have been impressed by the added visibility the Fault Trace Tool map provides: a visual snapshot of the fault location(s), lightning in the area, status of fault indicators, and enables them to visually analyze the fault information in real-time. The FTT facilitates a sizeable reduction in outage times, increasing productivity during unplanned outages, enabling energy providers to get to the root cause analysis faster and has improved the system reliability (SAIDI).

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The Fault Trace Tool integrates with ESRI, Vaisala, openXDA and eDNA in order to provide a superior user experience. FTT will continue to make a significant impact on the power industry. Lifescale Analytics understands that not every power company is the same operationally. In order to explore all the possibilities of the entire solution, Lifescale Analytics offers advanced Fault Trace Tool services to ensure reduction in outage times. To learn more about the Fault Trace Tool check out https://lifescaleanalytics.com/opensource/.

Mary Kay Inc., a global leader in skincare innovation, recently sponsored and revealed its inaugural Mary Kay Skin Health/Skin Disease Research Grants awardees for researchers conducting groundbreaking, innovative studies in skin health and skin disease at the 2022 Society for Investigative Dermatology (SID) Annual Meeting.

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“As a decades-long leader in global cosmetics and skincare innovation, Mary Kay remains committed to enriching women’s lives across the world,” said Dr. Lucy Gildea, Mary Kay’s Chief Innovation Officer, Product and Science, at the event. “We also have a steadfast commitment to producing the highest quality products and conducting breakthrough skin science research. We recognize collaboration is crucial to new discoveries, and partnerships with scientific, medical, and academic communities are vital collaborations—which is why we’re thrilled to award these scientific grants.”

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The Mary Kay Skin Health/Skin Disease Research Grants were announced at last year’s meeting in partnership with SID. The $25,000 grants were to be awarded to four researchers conducting incredible work in skin research to uncover new perspectives and invention strategies. In the months following the 2021 SID meeting, the company received applications from scientists across the country.

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The four grant awardees ultimately selected were:

• Dr. Allison C. Billi, MD, Ph.D., and Assistant Professor in the Dept of Dermatology at the University of Michigan. Dr. Billi’s primary research goal is to understand “what drives photoaging.” The grant will fund research to identify targetable pathways that help prevent or potentially reverse the effects of photoaging.
• Dr. Angel S. Byrd, MD, Ph.D. and Assistant Professor at Howard University College of Medicine and Adjunct Assistant Professor at JHUSOM (Departments of Dermatology). Dr. Byrd’s work focuses on the genetic basis of melasma. This grant will fund research to help discover unknown genetic causes of melasma to design personalized treatment options.
• Dr. Mae Alexandra Carpenter, Ph.D. Trainee at Wright State University. Dr. Carpenter’s work explores how damaged DNA-containing particles are released and how they activate inflammatory pathways. Funding this research will help develop new therapeutic approaches to reduce UVB photosensitivity in autoinflammatory diseases.
• Dr. Jennifer Powers, MD and Clinical Associate Professor in the Dept of Dermatology at the University of Iowa. Dr. Powers is interested in the influence of the microbiome and the healing environment on wound healing and scar formation. Funding for this research will help understand how the immune system and microbiota interact to modify scar formation from ulcers and surgical wounds.

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“Congratulations to each of our 2022 grant award recipients,” added Dr. Gildea. “These individuals were carefully chosen in collaboration with the Society for Investigative Dermatology—and we are thrilled to support their research.”

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The sponsorship and grants revealed at SID are just the latest efforts by Mary Kay to reinforce the company’s long-standing commitment to advancing skin health research and development. Mary Kay holds more than 1,600 patents for products, technologies, and packaging designs in its global portfolio.

Valentino is collaborating with Neiman Marcus as the national exclusive brick-and-mortar luxury retailer for the launch of the Valentino Escape 2022 collection. To celebrate the partnership, Neiman Marcus is hosting a festive launch event on June 21 at NorthPark as part of its focus on retail-tainment and immersive luxury retail experiences.

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"Fashion is at the heart of our business and Valentino has always inspired our customers with its glamorous codes of femininity and beauty. We are delighted to partner with the brand to continue to build special relationships with our loyal customers who share the love of Valentino's impeccable style and new customers who will fall in love with the joyful collection of iconic archival prints," says Lana Todorovich, President and Chief Merchandising Officer, Neiman Marcus. "The travel-inspired Valentino Escape collection takes us on an unforgettable journey to exotic faraway destinations. We know our customers will be inspired and enjoy the exclusive dynamic installation at Dallas NorthPark."

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The attention-grabbing exhibition space and window displays are transformed with the collection's heritage print covering the walls and sisal flooring. There is a 360-degree selfie room featuring LED light frames and a graphic print background with the VLogo that enables customers to take photos inside the space. The atmosphere of the installation is inspiring and joyful, highlighting the harmony with the assortment and the powerful graphic energy of the collection.

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Valentino's Escape 2022 showcases a colorful, buy-now-wear-now collection featuring men's and women's styles, Valentino Garavani handbags, women's Valentino Garavani shoes and Valentino Garavani accessories. The new one-of-a-kind designs feature bold prints, all-over patterns and saturated bright colors inspired by the heritage of the Maison.  The prints -- Round Rain, Giraffa re-edition, and Valentino Waves multicolor-- are archival motifs from the 60s and 70s, reimagined on relaxed silhouettes, including kaftans, swimwear, flowy dresses, and kimonos. Men's looks include Bermuda shorts, shirts, and t-shirts in light fabrics. Among the lively and refined Valentino Garavani accessories of the collection, the exclusive Valentino Garavani tote bags are perfect for dream-like vacation destinations.

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The Valentino Escape 2022 exhibition space and collection is available at Neiman Marcus NorthPark from June 21 – July 4. Customers can also shop the collection with their local style advisor from any of the Neiman Marcus stores.

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Link to assets here.

The Dallas Business Journal has named president and chief executive officer Troy Broussard of DHA, Housing Solutions for North Texas as a 2022 “Most Admired CEO” recipient. This award is given to CEOs across North Texas who are great stewards of their companies, specifically cultivating an inclusive, collaborative culture. This includes influential leaders that inspire those around them, manage their companies with integrity, and exemplify excellence, while contributing to the North Texas community.

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Troy was selected as one of 18 notable North Texas leaders. This marks the third class of Dallas Business Journal’s Most Admired CEO Award honorees, following a two-year absence. The winners were honored at an event on June 16 and will be featured in a special publication in print and online in the Dallas Business Journal on June 23.

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“I appreciate this recognition and accept it on behalf of our team. DHA’s hard working, passionate, and dedicated staff are who make the agency great and I am honored to serve as their team captain. Managing the administration of affordable housing benefits can be challenging work, but we are inspired by our mission to provide quality affordable housing and supportive services in the communities we serve,” says Broussard. “Affordable housing is an important part of the solution to reduce poverty in our community and I am proud to work at a mission driven organization that serves more than 55,700 North Texans each day.”

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Troy started his career in affordable housing at DHA in 1993 in the Intake Department and has served the North Texas community through DHA ever since. He is incredibly passionate about the agency’s work to provide affordable housing solutions and cultivate economic advancement for its clients. His passion for assisting people to achieve self-sufficiency makes him a valuable asset to DHA.

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Mr. Broussard has navigated over ten roles within the organization during his 29-year tenure. As president and CEO, he directs and supervises staff as a vital team leader while developing, mentoring, and leading top-performing teams.

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DHA is the tenth largest public housing authority in the nation. The agency provides affordable housing opportunities for more than 55,700 people through public housing developments and Housing Choice Voucher (HCV) programs across seven counties in North Texas: Collin, Dallas, Denton, Ellis, Kaufman, Rockwall, and Tarrant.

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In addition to the Housing Choice Voucher program, DHA owns and operates thousands of rental housing units across 40 developments including public housing units and mixed-income communities.

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When the COVID pandemic hit, DHA, like all other organizations, had to quickly pivot its operations to meet the challenges of managing its programs virtually. Not only was DHA able to revamp its operations to meet the needs of public housing residents, Housing Choice Voucher families, landlords and employees, but it also partnered with the City of Dallas to disburse more than $22 million in emergency rent relief funds to more than 4,000 families in Dallas, preventing evictions and supporting the local economy.

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“We believe that communities are stronger when everyone has a chance to thrive,” Broussard continues. “Tackling the affordable housing shortage in North Texas is a complex task, as there is a clear need for more affordability in Dallas and across the entire North Texas region. DHA looks forward to continuing to create mixed-income developments and expanding private market partnerships for North Texans.”

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To view the Dallas Business Journal Most Admired CEO honorees, visit here.

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced the sale of 1,437-unit, five-property Royalton Portfolio. Four properties are in the Dallas-Fort Worth metro area and one is in suburban Austin.

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“All five properties are newly constructed assets in high-growth, suburban locations,” said Drew Kile, IPA senior managing director. “They are all market-leading assets within their submarkets and all experienced exceptional leasing velocity.” Kile and IPA’s Joey Tumminello, Will Balthrope, Jordan Featherston, Michael Ware, Taylor Hill, Kent Myers, Asher Hall, Grant Raymond, and Jeffrey Kindorf represented the seller, SWBC Real Estate. The team also procured the buyers, Lightbulb Capital Group, the family office of Jay Schuminsky, purchaser of the Metroplex assets and Brixton Capital, which acquired the Austin-area property. “Class A asset sales like these drove the highest transaction velocity since 2018 in the Metroplex last year, and more market-leading apartments traded hands in 2021 than in the past 20 years,” added Tumminello.

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The Royalton Portfolio properties are:

• The Royalton at Grand Prairie, 300 units built in 2021, Grand Prairie
• The Royalton at Craig Ranch, 271 units built in 2021, McKinney
• Central Park at Craig Ranch, 271 units built in 2019, McKinney
• The Royalton at Rockwall Downes, 295 units built in 2021, Rockwall
• The Royalton at Sunfield, 300 units built in 2021, Buda

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“Austin’s multifamily marketplace continues to be a strong draw for multifamily investors, and with over 60,000 new residents projected to move to the city by the end of the year, prospects for continued growth are excellent,” said Balthrope. “IPA in Texas provides investors with a large inventory of high-quality multifamily investment opportunities in every market, offering local market research and sales expertise in Dallas-Fort Worth, Houston, Austin and San Antonio.”

Pursuant Health, a health data management platform with a network of 4,600 retail-based health kiosks that provide accessible and affordable health screenings, has successfully completed a recapitalization that provides $4.3 million of cash and reduces the Company's debt from $16.7 million to $2.3 million – significantly improving the Company's financial position.

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"This is excellent news for the future of the company and the progression of our product initiatives, most notably the introduction of imaging technology to expand the frontier of non-invasive health screening," said Donnie Helms, Chief Financial Officer of Pursuant Health.

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Larry Gerdes, Chief Executive Officer, added, "While investors responded favorably to our mission of making health care as convenient as possible for the individual, I also believe they appreciate how we run the company and the financial discipline we have from top to bottom."

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Highlights of the transaction include:

• $4.3 million of cash to fund the ongoing development and early commercialization of self-service novel imaging technology
• Conversion of outstanding debt to equity; significantly reducing the Company's debt load
• New shares priced at $65 million pre-money value of equity

Progress Learning, LLC, a leading nationwide provider of online K-12 standards-aligned learning solutions, is pleased to announce the acquisition of Horizon Education, LLC, a provider of postsecondary readiness programs aimed at helping high school students prepare for graduation and college entrance exams, including the SAT, PSAT, ACT, and PreACT.

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This acquisition comes on the heels of the integration and merger of USATestprep, an online platform for grades 3-12 standards-aligned learning tools, and Education Galaxy, an online learning solutions provider for K-8 e-learning programs, to create Progress Learning, LLC. With the addition of Horizon Education, Progress Learning is further establishing itself as a premier standards-aligned content solution across every grade level, from kindergarten to elementary school, middle school, and high school.

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The acquisition upgrades Progress Learning's high school experience. In more than 20 states across the country, the SAT and ACT are not just considered college entrance exams; they're also used as required summative assessments for high school graduation. Unlike other SAT/ACT preparation tools sold directly to consumers, Horizon Education partners directly with high schools to equip students with the resources they need to master these exams.

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Horizon Education will become the fifth product in the Progress Learning suite of education tools, which now includes Progress Learning Elementary School, Liftoff for Adaptive Intervention, Progress Learning Middle School, Progress Learning High School, and Horizon Education.

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"We're thrilled to bring Horizon Education on board our K-12 solution," said Will Clemens, Chief Executive Officer of Progress Learning. "In 2020, we identified the best elementary education solution in Education Galaxy, and now, we're adding the best college preparation solution, Horizon Education, to our leading middle and high school product. These integrations will allow Progress Learning to be a first-in-class solution for all students, no matter whether they're just entering kindergarten or thinking about life after high school."

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The strategic partnership allows Progress Learning to continue offering the best products from experts in their respective fields. Founded in 2013, Dustin Bainbridge created Horizon Education after leveraging years of test preparation experience at the Princeton Review. Serving students through their high schools across 25 states, Horizon Education is committed to college readiness for all students, regardless of socioeconomic status. They provide equitable access and resources to students, families, and educators by partnering with districts and schools. Their powerful solutions and professional development tools help educators measure and analyze growth over time with diagnostic PSAT, SAT, PreACT, and ACT-aligned assessments, including detailed score reports and analysis.

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"Our missions at Horizon Education and Progress Learning are perfectly aligned, which is why we couldn't be more pleased to join their family of products," said Dustin Bainbridge, CEO of Horizon Education. "We have always believed that education is a civil right and the cornerstone to our democracy, and as part of Progress Learning, we will continue to help students pave the way toward success on their postsecondary path."

Connect Partnership Group, a Dallas-based sports and entertainment agency, today announced the strategic acquisition of HARLON, a full-service sponsorship sales agency that specializes in representing rights holders across sports, music, and entertainment. The acquisition will expand Connect’s growing portfolio of property sales clients, including the addition of immersive entertainment experiences to the company’s suite of offerings.

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The announcement comes on the heels of the XFL selecting Connect as its sponsorship sales agency to enhance and execute the League's corporate partnership strategy.

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As part of the acquisition, HARLON founder and industry veteran Scott Howard will join Connect as Executive Vice President of Property Sales out of the company’s Chicago office, bringing along HARLON’s exciting portfolio of immersive entertainment and music clients.

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“For years I’ve admired the impressive work the Connect Partnership Group team has done, and I could not be more excited to step in and be a part of the company during an incredible period of growth,” Howard said. “I look forward to working alongside the Connect team and growing our business to provide the very best services for our clients.”

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HARLON has been one of the Midwest’s most-respected emerging sales and marketing agencies, trusted by properties such as the Mempho Music Festival and Lighthouse Immersive, the powerhouse that created the Immersive Van Gogh Exhibit. To date, the attraction has sold more than 5 million tickets across 20 markets in North America in less than two years and is one of Ticketmaster’s best-selling exhibitions in history.

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Connect Adds Sales Veterans

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In addition to the acquisition, Connect announced the addition of three new members to the sales and consulting teams, all with extensive partnership sales and consulting experience with some of the country’s leading sports and real estate properties.

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• Kristin Harwood joins Connect as Senior Director of Sales in Connect's Property Sales Division. Harwood spent more than five years managing partnership sales with the Seattle Mariners organization before assuming corporate partnership roles with the Dallas Stars, the XFL’s Dallas Renegades and Premier Partnerships.
• Joining Harwood as Senior Director of Sales in Connect’s Property Sales Division is Matt Castellan, who will be headquartered in New York and will focus on Connect’s representation of Hudson Yards’ sponsorship rights. Castellan most recently oversaw sponsorship sales for the Bryant Park Corporation and 34th Street Partnership in New York City, and has extensive marketing and sales experience from past roles with Stanton & Company, Citi Bike, the 2016 Chicago Olympic City Bid and the 2012 NYC Olympic City Bid.
• Price Johnson, who spent the last six years leading Topgolf’s Global Partnerships sales team, is joining Connect’s Consulting Division as a Special Projects Consultant to assist with its rapid national growth. Mr. Johnson brings over 25 years of combined sales, marketing and operational experience to Connect, including nearly 10 years in the software and communications industries, which aligns well with the Consulting Division’s growing roster of industry-leading technology companies.

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“The past year has been one of incredible momentum for Connect, our team and our clients, and by adding HARLON and a powerhouse of experienced sales members to our team will only accelerate our ongoing scaling efforts, help secure more key wins for clients, and further position Connect as a leader in the sports and entertainment industry,” said Connect co-founder Danielle Shuff. “Connect is now bigger and more established than we ever have been, and we’re just getting started.”

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Last Fall, Connect rebranded to reflect its rapid growth in areas beyond its formidable Partnership Sales and Strategy division, most notably its Consulting division, which has secured a unique niche in the industry by providing an outsourced business development team to companies that desire to sell their product or solution to large public venues. To support the continued growth - with Connect expecting year-over-year revenue to double as it readies more client announcements and client transactions in the second half of the year - the company is actively hiring sales professionals and account managers, with immediate openings in Los Angeles.

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Since it was founded in 2015, Connect has been trusted by some of the most prestigious companies in the world, including the Dallas Stars, LA Chargers, Chicago Cubs, XFL, Related Companies, Circuit of The Americas, VIRGIN FEST, IBM, Nokia, American Tower, and CommScope, amongst others.

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For more information about Connect Partnership Group or to contact directly, visit ConnectWins.com.

An accomplished youth art director with nearly two decades mentoring artistic expression and healthy living to thousands of kids throughout the San Gabriel Valley in Southern California was honored by Dole as a "Healthy Hero of the Soul" during a surprise ceremony yesterday.

Lalo Marquez, creative arts director at the Boys & Girls Clubs of West San Gabriel Valley & Eastside in Monterey Park, Calif., was acknowledged by Dole Food Company as part of Dole Healthy Heroes, Assemble!, a nine-month empowered-living initiative that recruits and celebrates everyday heroes in four categories – mind, soul, heart and home – involved in the fight for a healthier, more selfless and extraordinary world.

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Today's special proclamation was made during an art festival that Marquez organized to show original paintings and art created by more than 150 kids as part of the Club's Mobile Art & Design Studio. The Boys & Girls Clubs of West San Gabriel Valley & Eastside serve more than 6,000 youth ages 6 to 18 every year with after-school tutoring, art, music, nutrition education, cooking, sports, social and emotional learning and other programs.

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"I was beyond honored to be proclaimed by Dole as a hero simply for doing what I love to do: encouraging kids to be their healthiest and most creative selves," said Marquez. "Since everyone at the Boys & Girls Clubs of West San Gabriel Valley & Eastside can be considered heroes, I share this award with all the staff, teachers, counselors and volunteers who remain committed to the kids every day."

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"This distinction and support from Dole is even more crucial during this time of pandemic-era shutdowns, art-program closures and school budget cuts," he said.

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To commemorate Marquez, Dole collaborated with the Club to inspire an art festival showing of student-created paintings of fresh fruits and vegetables as well as many of the Marvel Super Heroes that inspired the Dole empowered-living program. The produce leader interrupted the festival to present Marquez with a surprise Dole Healthy Heroes certificate and financial contribution after stocking the Club's refrigerators with fresh produce and packaged salads and salad kits.

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Also featured during the festival were musical performances by Club students, a do-it-yourself healthier banana split bar featuring DOLE Bananas and DOLEStrawberries, nonfat yogurt and healthy toppings and a live visit by Dole's iconic mascot, Bobby Banana.

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"Health and wellness is as much about feeding your soul as feeding your body. We salute heroes like Lalo that dedicate their lives to inspiring the next generation of artists, painters, poets, musicians and others with a passion for creativity," said William Goldfield, Dole Food Company's director of corporate communications. "It is this selflessness and commitment to others that defines what we at Dole call an everyday healthy hero."

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The broader Dole Healthy Heroes, Assemble! initiative, running now through September, features original recipes, DOLEBanana stickers and DOLEPineapple tags, digital downloads, web and social activations and other free deliverables inspired by the Super Heroes of the Marvel Universe. A new set of character-themed assets will be released at the start of each six-week mind, soul, heart and home hero recruitment campaign.

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A highlight of the program to come are more original recipes, banana stickers and pineapple tags celebrating the theatrical releases of Marvel Studios' Thor: Love and Thunder on July 8.

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Additional everyday heroes will be christened and announced by Dole throughout the year. Heroes 13 years or older (19 in Alabama and Nebraska and 21 in Mississippi) are encouraged to enter Dole's Celebrate Super Heroes Contest for an opportunity to win up to $3,000 cash prize. There is no cost to enter but some restrictions apply. For full contest rules, click here.

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Details and all program elements of Dole Healthy Heroes, Assemble!, including the contest, character recipes, digital downloads, dedicated social media campaign and blogger partnerships, can be found at www.dole.com/Disney, which is being continually updated with fresh content.

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For other original Dole recipes, nutritional insights, and other information, visit www.dole.com or follow Dole's Facebook, Instagram, Twitter and Pinterest pages.

Significance Inc. announces today that Adriana G. Obogeanu, USMC CWO3 (Ret.), well known as "Obi" in Marine and DoD circles, joined Significance Inc. after a distinguished 16-year career in the US Marine Corps.  During her active-duty tenure, she gained expertise in financial management, internal control evaluation, systems integration, regulatory compliance, program management, and business process reengineering. In this new role, she will be leading a team focused on maximizing the impact and expertise that Significance provides its clients in the areas of financial management, including the transition to DAI.

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"The DoD is undergoing massive modernization and restructuring actions to better prepare itself for global emerging threats. Significance is positioning itself to be an integral part of this massive transformation, which includes supporting the Marine Corps in its transition to a new financial management system.  We are fortunate to have someone of Adriana's caliber to lead these efforts for our organization and clients", said Mary Ahern Snyder, founder, and president of Significance.

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A native of Brasov, Romania, Adriana moved to the United States at age 19 and joined the Marines almost 10 years later.  "I moved to the US to live the famous 'American Dream'.  I joined the Marine Corps to do my part in safeguarding this wonderful place I came to call my home. When preparing for retirement, I knew I wanted to continue supporting the Government and am thrilled for my new role at Significance, a company that values its people and fosters a culture of innovation, trust, and inclusion", said Ms. Obogeanu.

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Adriana holds a B.S. in Interdisciplinary Studies with a focus in leadership and business administration, a MA in Public Policy (International Relations) from Liberty University, a Level III DoD Financial Management Certification, and is currently pursuing a Ph.D. in Public Policy.  After ending her military career in sunny Florida, Adriana relocated to Alexandria, VA.

Kutak Rock is pleased to announce that Elizabeth Fite has rejoined its national litigation practice group as a transition partner and will be resident in the firm's Atlanta office. Ms. Fite is a business litigator and recognized trial attorney with significant experience handling complex liability and wrongful death lawsuits, resolving business disputes, and representing DeKalb County in public safety matters. Licensed in Georgia and Florida, her experience deepens the firm's litigation capabilities in the Southeast. She most recently served the state's legal community as the 59 President of the State Bar of Georgia, whose membership consists of more than 52,000 lawyers.

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"Elizabeth is widely regarded as a dedicated and extremely accomplished attorney with more than 17 years of diverse business litigation experience," said Debra Thompson, managing partner of Kutak Rock's Atlanta and Tallahassee offices. "Elizabeth has handled a wide variety of litigation in Georgia and Florida and her vast experience will position our clients for success as we continue to grow our presence in the Southeast. Elizabeth will be an invaluable resource and we are thrilled that she has returned to Kutak Rock."

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Prior to rejoining Kutak Rock, Ms. Fite served as the co-founder of a law firm focused on representing plaintiffs who have suffered catastrophic injuries in commercial vehicle accidents.

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"I am excited to begin this new chapter of my career at Kutak Rock," remarked Fite. "This will be a unique and exciting opportunity to build on an already great infrastructure that reflects Kutak Rock's focus on client service and collaborative culture. I have so much respect for the people here and I am proud to work alongside the firm's deep and talented bench of lawyers. It's good to be back."

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In May 2022 Ms. Fite was named one of "Georgia's Most Influential Politically Connected Attorneys 2022" by James Magazine. The list recognizes lawyers who shape public or private politics—sometimes behind the scenes—in the interconnected world of law, business and politics.

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In 2018 Ms. Fite was honored as one of the Daily Report's "On the Rise," a list of Georgia's best attorneys age 40 and under. She has been named one of Georgia's Super Lawyers® and Rising Stars several years in a row and has received multiple awards from the Young Lawyers Division of the State Bar of Georgia for her service to both the public and the profession. Additionally, she has served as a member of the Judicial COVID-19 Task Force working with judges and lawyers to keep dockets moving during the pandemic.

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Ms. Fite earned her J.D. from Emory University School of Law and her B.A. from Hendrix College. She is admitted to practice in Georgia and Florida.

Liv, the company dedicated to getting more women on bikes, has signed on as premier partner of the inaugural Tour de France Femmes avec Zwift. The company is sponsoring the white jersey, signifying the Best Young Rider Classification during the eight-stage women's professional cycling race.

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"Since Liv was founded, our goal has always been to help advance women's participation in cycling, so sponsoring the inaugural Tour de France Femmes avec Zwift was a natural extension of our mission," said Bonnie Tu, Liv founder and Giant Group chairperson. "Giving women the chance to compete in the most prestigious race in road cycling shows young girls they too can achieve their dreams and aspire to compete at cycling's highest level—something Liv has been committed to since day one."

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A global pioneer in women's cycling and the founder of Liv, Tu will be on stage to help present the award to the best young rider at the conclusion of the first stage. To help celebrate the historic step forward women's cycling has made at the highest level of the sport, Tu will also ride in the ProAm event on July 27.

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Liv is the only comprehensive cycling brand in the world that invests 100% of its resources into creating more opportunities for women in cycling. Liv sponsors professional athletes from around the world across four professional racing teams including WorldTour Teams: Liv Racing Xstra and Team BikeExchange-Jayco who will be competing in the inaugural Tour de France Femmes avec Zwift.

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The famed Tour de France is cycling's most widely recognized stage race. Tune in and learn more about the Tour de France Femmes avec Zwift at https://www.letourfemmes.fr/en.