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Scotiabank completes acquisition of 51% of Banco Cencosud in Peru

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TORONTO and LIMA, Peru, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today it has successfully completed the acquisition of 51% of the controlling interest of Banco Cencosud after receiving regulatory approval from Peruvian authorities. Scotiabank and Banco Cencosud will jointly manage the credit card operations and offer other products and services to customers in partnership for 15 years. Scotiabank and Cencosud have similar agreements in Chile and Colombia. With the closing of this acquisition, Scotiabank has become Peru’s second largest credit card issuer.

“Partnering with Cencosud has been a rewarding process in which we have begun to leverage the potential of the consumer finance business”, said Miguel Uccelli, CEO & Country Head of Scotiabank Peru.” With this acquisition we have completed one more phase in our strategy to strengthen our consumer financing and credit card business in Peru, which aligns with our global vision to increase scale in the countries of the Pacific Alliance; Colombia, Chile, Mexico and Peru“, he concluded.

“Our objective is to leverage the teams from Banco Cencosud and Scotiabank to build an improved experience for all our customers”, said Carlos Morante, CEO of Banco Cencosud, and who will be in charge of the operation under the new name of CAJA CAT PERÚ. “Our customers will continue to enjoy the products they have with us, under the same conditions, but with greater support. We will continue operating separately, taking into account the special features of each business and we will continue to work with our current team of employees”, he said. Morante indicated that no customer has to change their credit cards or other products, “Everything remains the same”, he concluded.

Cencosud Peru owns the second-largest supermarket and the fourth-largest department store chain in the country. Cencosud has operated in Peru since 2007 through the Wong supermarket brand Metro supermarket and Paris department stores. It is also the owner of various shopping malls.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees1 and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

1Employees are reported on a full-time equivalent basis.

For further information: Media Enquiries: Scotiabank – Peru, Gaby Rodriguez Larrain, Manager, Institutional Relations and Corporate Social Responsibility, 2116790, [email protected]; Scotiabank – International Banking, Janira Walton de Mejia, Director, Communications, 437-221-9672, [email protected]; Investor Relations – Scotiabank, Philip Smith, Senior Vice President, Investor Relations, 416.863.2866, [email protected]

SOURCE Scotiabank

Scotiabank completes acquisition of 97.44% of Banco Dominicano del Progreso

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TORONTO and SANTO DOMINGO, Dominican Republic, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — Scotiabank announced today that it has successfully completed the acquisition of 97.44% of Banco Dominicano del Progreso (BDP), after receiving regulatory approval by the Superintendency of Banks and the Monetary Board of the Central Bank of the Dominican Republic.

“We are excited to have completed this transaction that is fueled by the strategy of gaining greater scale in economically stable markets with prospects for growth, and allows us to expand and strengthen our operations in the country. We are building a leaner, more modern digital bank, to continue improving our customers’ experience with enhanced financial services and products” said Gonzalo Parral, CEO, Scotiabank Dominican Republic.

With the closing of this acquisition, Scotiabank doubles its customer base and strengthens its fourth-place position in terms of assets in full-service banking and its third-place ranking in the credit card segment in the Dominican Republic, with a 17% share of the market. The acquired Banco Dominicano del Progreso operations include 57 branches, 184 ABMs and more than 160 banking sub-agents, which serve more than 250,000 personal and commercial banking customers.

For further information on the integration stage, please visit www.scotiabank.com.do and www.progreso.com.do.

About Scotiabank
Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our more than 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 98,000 employees¹ and assets of over $1 trillion (as at January 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

¹Employees are reported on a full-time equivalent basis.

For further information: Media Enquiries: Scotiabank – Dominican Republic, Ana Abreu, Manager, Public Relations and Sponsorships, Scotiabank Dominican Republic, 809-545-8494, [email protected]; Scotiabank – International Banking, Janira Walton de Mejia, Director, Communications, 437-221-9672, [email protected]; Investor Relations – Scotiabank, Philip Smith, Senior Vice President, Investor Relations, 416.863.2866, [email protected]

SOURCE Scotiabank

Miami International University Of Art & Design Transforms As Concept Campus And National Arts Community For Students

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Miami International Logo

MIAMI, Feb. 20, 2019 /PRNewswire-HISPANIC PR WIRE/ — Miami International University of Art & Design (MIU) is pleased to announce that it will join Studio Enterprise and Mana Contemporary in the creation of a concept campus designed as the future home of creative industries in Miami.

Miami International Logo

As part of this partnership, Mana will provide MIU’s students further access to creative professionals for networking, training and industry opportunities across Mana’s national network of arts communities. The partnership includes the design of the new concept campus that will be located in the historic Flagler district of downtown Miami opening in the summer of 2020.

The design of the concept campus will be inspired by Mana’s integrated hive structure at its Jersey City location which allows for the exchange of ideas between artists and industry. Practitioners specializing in a variety of disciplines—including painting, sculpture, photography, dance, film, sound and performance—work alongside each other in a forward-thinking environment that fosters experimentation, collaboration, and mutual inspiration. The integration of students will further that concept to include a significant arts education component providing space for seminars, master classes, workshops, exhibitions, co-productions and training while delivering rigorous mentorship and shadowing opportunities.

Studio Enterprise, an education services company recently partnered with MIU to provide student centric support through relevant educational and professional work opportunities before and after graduation in the creative sector.

Founded in 1965 and home to more than 6,000 alumni, MIU has been a fixture in creative arts education in the Miami community for more than 50 years. The school offers associate through master’s degree programs in Fashion, Design and Media Arts.

“MIU has been an integral part of building and transforming the Miami design and arts communities for more than 50 years and we look forward to furthering that footprint with our new partnerships with Studio Enterprise and Mana,” said Erika Fleming, president of Miami International University of Art & Design.

Eugene Lemay, Artistic Director of Mana said, “This collaboration represents an inspiring meeting of complementary visions from which a creative campus design will redefine how students and industry interact.”  

About Miami International University of Art & Design
Miami International University of Art & Design, is one of The Art Institutes, a system of non-profit schools throughout the United States that extends back to 1921 and provides an important source for fashion, design, media arts and culinary professionals. Programs, credential levels, technology, and scheduling options vary by school and are subject to change. Not all online programs are available to residents of all U.S. states. Some institutions in The Art Institutes system are campuses of Argosy University. Miami International University of Art & Design, 1501 Biscayne Blvd Suite 100, Miami, FL 33132 © 2019. The Art Institutes. All rights reserved. Our email address is [email protected]. For more information on Miami International University of Art & Design, visit us at www.mymiu.edu.

About Studio Enterprise
Studio Enterprise is a vertically integrated education services company focused on student centric models of education and training as a platform to impact the creative economy. Studio Enterprise partners with colleges and universities in support of their vision by expanding market reach and supporting their students transition from the classroom to industry.

About Mana Contemporary
Mana Contemporary is a leading arts destination dedicated to celebrating the creative process. Founded in 2011, Mana Contemporary is one of the largest and most innovative contemporary art organizations in the United States. Through its integrated architectural design, Mana offers exceptional services, spaces, and programming for the greater creative community. Its rapidly expanding flagship location in Jersey City, originally built in the 1920s, will eventually encompass a footprint of more than two million square feet. 

Logo – https://mma.prnewswire.com/media/824064/MIAMI_INTERNATIONAL_UNIVERSITY___Logo.jpg 

SOURCE Studio Enterprise; Miami International University of Art & Design

Mazda Reports February Sales Results

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mazda_north_american_operations_logo

IRVINE, California, March 1, 2019 /PRNewswire/ — Mazda North American Operations (MNAO) today reported total February sales of 23,854 vehicles, a decrease of 7.3 percent compared to February 2018. Year-to-date sales through February saw a decrease of 13.4 percent, with 43,897 vehicles sold. With 24 selling days in February, compared to 24 the year prior, the company posted a decrease of 7.3 percent on a Daily Selling Rate (DSR) basis.

KEY SALES NOTES:

  • Sales of the CX-5 totaled 13,377 in February, an increase of 1.2 percent compared to February 2018.
  • Sales of the CX-9 totaled 2,422 in February, an increase of 5.9 percent compared to February 2018.
  • CPO sales totaled 4,410 vehicles in February, an increase of 20.2 percent compared to February 2018. Year-to-date CPO sales through February increased 14.8 percent, with 8,302 vehicles sold.

Mazda Motor de Mexico (MMdM) reported February sales of 5,036 vehicles, an increase of 16 percent compared to February last year. Year-to-date sales through February increased 12 percent, with more than 10,158 vehicles sold.

Mazda North American Operations is headquartered in Irvine, California, and oversees the sales, marketing, parts and customer service support of Mazda vehicles in the United States and Mexico through nearly 700 dealers. Operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at InsideMazda.MazdaUSA.com/Newsroom.

Follow MNAO’s social media channels through Twitter and Instagram at @MazdaUSA and Facebook at Facebook.com/MazdaUSA.

Month-To-Date 

Year-To-Date 

February

February

%

% MTD

February

February

%

% YTD

2019

2018

Change

DSR

2019

2018

Change

DSR

Mazda3

4,610

6,070

(24.1)

%

(24.1)

%

9,206

11,895

(22.6)

%

(22.6)

%

Mazda6

1,906

2,246

(15.1)

%

(15.1)

%

3,525

3,798

(7.2)

%

(7.2)

%

MX-5 Miata

456

654

(30.3)

%

(30.3)

%

803

1,090

(26.3)

%

(26.3)

%

CX-3

1,081

1,259

(14.1)

%

(14.1)

%

2,052

2,609

(21.3)

%

(21.3)

%

CX-5

13,377

13,216

1.2

%

1.2

%

24,029

26,679

(9.9)

%

(9.9)

%

CX-9

2,422

2,286

5.9

%

5.9

%

4,282

4,622

(7.4)

%

(7.4)

%

OTHER

2

Total Vehicles

CARS

6,972

8,970

(22.3)

%

(22.3)

%

13,534

16,783

(19.4)

%

(19.4)

%

TRUCKS

16,882

16,761

0.7

%

0.7

%

30,363

33,910

(10.5)

%

(10.5)

%

TOTAL

23,854

25,731

(7.3)

%

(7.3)

%

43,897

50,693

(13.4)

%

(13.4)

%

Selling Days

24

24

49

49

Logo – https://mma.prnewswire.com/media/53154/mazda_north_american_operations_logo.jpg

SOURCE Mazda North American Operations

sonnen, Inc. names Blake Richetta as CEO and implements U.S. Board of Directors

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sonnen, Inc. logo

TUCKER, Georgia, Feb. 28, 2019 /PRNewswire-HISPANIC PR WIRE/ — sonnen, the global market leader in intelligent residential energy storage, today announced the appointment of a new U.S Board of Directors signifying the global organization’s continued focus on international expansion. The sonnen, Inc. Board will be responsible for leading the rapid scaling and expansion of the company’s residential energy storage business throughout North America, Latin America and the Caribbean.  Board members include Blake Richetta as Chairman and Chief Executive Officer, Carlos Restrepo as Chief Technology Officer (CTO), Brent Stayer as Chief Operations Officer (COO), and James Claflin as Chief Financial Officer (CFO).  

sonnen, Inc. logo

Since 2016, the sonnen Group, led by CEO Christoph Ostermann, has developed a truly multi-national organization by investing locally and building strong autonomous entities in the U.S., Australia, Italy and the UK.  Under the Board’s leadership, the U.S. entity will build on a proven record of successful innovation in the solar, electrical, utility, home builder and home automation markets, contributing to the local and national economy and furthering the growth of sonnen.  

“Our business in the U.S. has grown quickly over the last few years with a focus on new market innovations and sales expansion. We plan to continue this rapid growth in the years to come and for this, we will need the right strategies and leadership in place. We are delighted to establish a deeply experienced Board of Directors to achieve this acceleration and continued expansion of our business in the Americas,” says Christoph Ostermann, Global CEO of the sonnen Group.

As Chairman and Chief Executive Officer (CEO) of sonnen, Inc., Blake Richetta brings deep experience in energy management to his leadership of the organization. Prior to sonnen, Blake served as North American Powerwall Sales Manager at Tesla and spent 15 years at Lutron building the smart home lighting and shading business in the home automation and home building industries. His innovative and highly unique business models have dramatically expanded the company’s energy storage business to include home automation and the home builder channels. Today sonnen has approximately 6,000 homes in the U.S. slated to be built with a sonnen energy storage system as a standard specified feature. Under Richetta’s leadership, the company has also expanded their footprint in Latin America and Puerto Rico, where they partnered with the del Sol Foundation to donate community solar microgrids after Hurricane Maria.

Carlos Restrepo, CTO, leads R&D and Engineering for sonnen, Inc. and is responsible for ongoing product innovations and development for the Americas, including energy storage systems, energy automation technology and the sonnenCommunity. With over 18 years of experience innovating market-changing technologies in home automation, circuit protection and solar power electronics, Carlos has led technology-centric organizations and holds several major patents, for groundbreaking innovations, including multiple patents for Arc Fault technology.  

Brent Stayer, COO, is responsible for production, manufacturing, quality and distribution for sonnen, Inc. With over 30 years of experience in global electronics and home automation at Lutron Electronics, Brent’s expertise in efficient manufacturing, production, quality engineering, testing and distribution for high-output factories are key to sonnen’s achieving scalability.

James Claflin, CFO, brings 25 years of experience as a small business entrepreneur and financial manager with a track record of enhancing operational efficiency and profits. He joined sonnen in 2018 and is responsible for managing finance and investor relations for sonnen, Inc.

sonnen, Inc. will continue to manage growth, innovation and manufacturing of products and services for North America, Latin America and the Caribbean from its headquarters in Tucker, Georgia.

About sonnen
At sonnen, we believe clean, affordable, and reliable energy for all is one of the greatest challenges of our time. sonnen is a proven global leader in intelligent energy management solutions that provide greater energy control for residential customers through increased solar self-consumption, reduced peak energy usage and reliable backup power during outages – contributing to a cleaner and more reliable energy future. sonnen has won several awards for its energy innovations, including the HIVE Award for Innovation in 2018 for the sonnenCommunity, 2018 CEDIA Best in Show and TecHome Brilliance Best Product Awards along with 2018 Fast Company Most Innovative Companies in Energy, 2017 Zayed Future Energy Prize, MIT’s Technology Review’s 50 Smartest Companies in 2016, and a winner of the Global Cleantech 100 for 2015-2018.

Logo – https://mma.prnewswire.com/media/325856/sonnen_Logo.jpg  

SOURCE sonnen

Anne Mahlum, CEO of [solidcore], Runs Marathon in Antarctica to Raise Over $100,000 for ‘Back on My Feet’ – Charity She Founded that Helps Homeless People Through Running Programs

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WASHINGTON, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — On March 17, 2019, Anne Mahlum, successful entrepreneur, philanthropist and athlete, will run the Antarctica Marathon and raise more than $100,000 for the New York chapter of an organization she founded, Back on My Feet, (BoMF) a nonprofit that empowers homeless individuals through running. The Antarctica Marathon will be Mahlum’s twelfth – her first in six years – and will complete her goal of running the 26.2-mile race on all seven continents.

In 2007, Mahlum started BoMF as a simple morning run for a small group of homeless individuals in Philadelphia. Quickly growing into a national organization with a multi-million-dollar budget and 50 staff, BoMF offers a six-to-nine-month program for individuals living in homeless facilities. Members run three days a week at 5:30 a.m. from over 50 locations in twelve different cities. Those who maintain 90% attendance after 30 days move to the Next Steps phase which helps them move toward self-sufficiency through educational, job training opportunities and one-on-one coaching and mentoring from staff.

Mahlum said, “When I founded Back on My Feet, I believed that running could help people experiencing homelessness by changing the way they saw themselves. Back on My Feet embraces equality, respect, discipline, teamwork and leadership – all of which helps members achieve employment and independent living. The challenge I face by running a marathon in the harshest climate on earth pales in comparison to the hardships that BoMF members confront every day. They inspire me! I am also humbled and proud to be able to give back.”

In 2013, knowing that BoMF was strong enough to flourish without her, Mahlum founded and became CEO of [solidcore] studio, a boutique fitness company (entirely corporately owned). Today, it is the fastest growing company in the sector, with 42 studios in 14 states, including NYC and D.C. and over 100,000 clients.

Mahlum’s [solidcore] regimen has prepared her for the race and to face unpredictable weather conditions and subfreezing temperatures. Her transition back to long-distance running has been seamless – a result of her four weekly [solidcore] classes which focus on resistance training and stimulating and strengthening small twitch muscle fibers, helping her avoid hitting “the wall” most marathoners reach at mile 20.

SOURCE [solidcore]

If You Own or Lease or Previously Owned, Purchased, or Leased Certain Toyota Sienna Vehicles, You Could Get Benefits from a Class Action Settlement

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NEW YORK, March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — The following statement is being issued by King & Spalding LLP regarding the Toyota Sienna Sliding Door Class Action Settlement.

Si desea recibir esta notificación en español, llámenos o visite nuestra página www.ToyotaSiennaDoorSettlement.com.

There is a proposed Settlement in a class action lawsuit against Toyota concerning certain Sienna vehicles. Those included in the Settlement have legal rights and options that must be exercised by certain deadlines.

What is the lawsuit about?

The lawsuit alleges the power sliding doors in certain Sienna vehicles are defective. Toyota denies that it has violated any law, or engaged in any wrongdoing. The Court did not decide which side was right. Instead, the parties decided to settle.

Am I Included in the proposed Settlement?

Subject to certain limited exclusions, you are included if as of March 1, 2019,

You own(ed), purchased, and/or lease(d) a 2011-2018 model year Sienna (“Subject Vehicle”); and

Your Subject Vehicle was distributed for sale or lease in the United States, the District of Columbia, Puerto Rico and all other United States territories and/or possessions of the United States.

This Settlement does not involve claims of wrongful death, personal injury or physical property damage caused by an accident.

What does the Settlement provide?

The Settlement offers several benefits including a Customer Confidence Program providing prospective coverage for certain repairs to certain sliding door parts, a Loaner Vehicle to eligible Class Members, and reimbursement of certain out-of-pocket expenses. Some of these benefits require action by Class Members by certain deadlines.

What are my options?

If you do nothing, you will remain in the Class, receive certain benefits and will not be able to sue Toyota. You can exclude yourself by May 3, 2019, if you don’t want to be part of the Settlement. You won’t get any settlement benefits, but you keep the right to sue Toyota. You can submit a Claim Form by a date to be set, which will not be earlier than 60 days after the Court’s June 4, 2019 fairness hearing, if you have out-of-pocket expenses covered by the Settlement and don’t exclude yourself. You can object to all or part of the Settlement by May 3, 2019, if you don’t exclude yourself. The full notice describes how to exclude yourself, submit a Claim Form and/or object.

The Court will hold a fairness hearing on June 4, 2019 at 11 a.m. EDT to: (a) consider whether the proposed settlement is fair, reasonable, and adequate; and (b) decide the plaintiffs’ lawyers’ request for fees of up to $6,500,000.00 and costs and expenses of up to $500,000.00 (which includes Class Representative service awards of not more than $2,500.00 each). The motion for attorneys’ fees and costs will be posted on the website after they are filed. You may but are not required to appear at the hearing, and you may hire an attorney to appear for you, at your own expense.

For more information or a Claim Form call 1-833-305-3915 or visit www.ToyotaSiennaDoorSettlement.com.

 

SOURCE King & Spalding LLP

MeriCal, LLC Announces The Appointment Of Michael Smith As The New Chief Financial Officer

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MeriCal - Driven by innovation. United in the pursuit of wellness. (PRNewsfoto/MeriCal, LLC)

ANAHEIM, Calif., March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — MeriCal, LLC, one of the nation’s leading dietary supplement formulation and custom packaging companies is proud and pleased to announce the appointment of Michael Smith as their new Chief Financial Officer to lead the MeriCal Finance Team.  He brings a wealth of experience to MeriCal, having worked in a related capacity with extensive knowledge of finance, transaction and operations in highly regulated industries.

MeriCal - Driven by innovation. United in the pursuit of wellness. (PRNewsfoto/MeriCal, LLC)

Michael Smith is a seasoned executive with over 35 years of broad finance experience.  Smith previously worked as the Chief Financial Officer at National Pasteurized Eggs, and led the sale of the company to Post Holdings, Inc.  In addition, he directed the operational restructuring and financing as well as managed a portfolio of over 50 US and international patents. Smith has also worked at Smithbucklin Corporation, Thermo Fisher Scientific, Mesirow Financial and Deloitte.  Smith holds a BS in Accountancy from University of Illinois and an MBA from University of Chicago Graduate School of Business.

In his new role, Michael will be reporting directly to Brian Smith who is the Chief Executive Officer of MeriCal. Michael will focus on developing financial solutions and driving compliance to support MeriCal’s continued double digit growth that are in the best interest of our customers, investors and vendors.

ABOUT MERICAL, LLC

MeriCal was founded in 1965 and started as a small packaging and distribution center but has grown into one of the industry’s leading dietary supplement formulation and custom packaging companies. MeriCal is also one of the largest suppliers of Private Brand Probiotic products in the world, providing services to many of the industry’s most recognized retailers and nutritional supplement brands. MeriCal was acquired by Linden Capital Partners in 2016.

MeriCal offers comprehensive expertise in manufacturing dry dosage supplements in the form of tablets, capsules, and powders, in addition to an infinite scope of packaging options. MeriCal has the flexibility to cater to an array of customer needs ranging from short-term contract work to major turnkey production. MeriCal efficiently delivers a competitive edge by way of the latest technology in their state-of-the art facilities.

About Linden Capital Partners

Linden Capital Partners is a Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life sciences industries.  Linden’s strategy is based upon three elements — 1) healthcare and life science industry specialization 2) integrated private equity and operating expertise and 3) strategic relationships with large corporations.  Linden Capital acquired MeriCal in late 2016.  For more information visit www.lindenllc.com

For more information, visit http://www.merical.com

Contact Information

Spokesperson: Jaime Yacko
Company: MeriCal, LLC
Phone Number: (714)238-7225
Email Address: [email protected]
Website: http://www.merical.com

Related Links
http://www.merical.com

MeriCal Logo (PRNewsfoto/MeriCal, LLC)

Photo – https://mma.prnewswire.com/media/829003/MeriCal___Capsules.jpg

Logo – https://mma.prnewswire.com/media/538608/MeriCal_Logo.jpg  

SOURCE MeriCal, LLC

MeriCal, LLC Names Brent Moore As The New Executive Vice President of Operations

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MeriCal - Driven by innovation. United in the pursuit of wellness.

ANAHEIM, Calif., March 1, 2019 /PRNewswire-HISPANIC PR WIRE/ — MeriCal, LLC, one of the nation’s leading dietary supplement formulation and manufacturing companies is pleased to announce the hiring of Brent Moore as their new Executive Vice President of Operations to lead the MeriCal Operations Team.  Both operations in California and Utah will report to Brent.  He has an extensive background in lean operations, packaging, procurement and supply chain management with extensive industry knowledge.

MeriCal - Driven by innovation. United in the pursuit of wellness.

Brent Moore is an accomplished executive with over 25 years of cross-functional operations experience.  Moore previously worked as the Vice President of Supply Chain for a leading manufacturer of healthy beverages where he was responsible for purchasing, demand & supply planning, logistics & transportation and customer service for the leading kombucha brand in the U.S.  Moore has also been employed by California Polytechnic University, Pharmavite, Mars and Kal-Kan. Moore graduated from Michigan State University with a BS in Packaging.

In his new role, Brent will be reporting to Brian Smith who is the Chief Executive Officer of MeriCal. Brent will focus on collaborating with sales, procurement, demand planning, customer service and manufacturing to ensure we are operating at maximum efficiency and therefore providing exceptional service to MeriCal’s customers.

ABOUT MERICAL, LLC

MeriCal was founded in 1965 and started as a small packaging and distribution center but has grown into one of the industry’s leading dietary supplement formulation and custom packaging companies. MeriCal is also one of the largest suppliers of Private Brand Probiotic products in the world, providing services to many of the industry’s most recognized retailers and nutritional supplement brands. MeriCal was acquired by Linden Capital Partners in 2016.

MeriCal offers comprehensive expertise in manufacturing of supplements in tablets, capsules, powders and gummies, in addition to an infinite scope of packaging options. MeriCal has the flexibility to cater to an array of customer needs ranging from short-term contract work to major turnkey production in our facilities in California and Utah. MeriCal efficiently delivers a competitive edge by way of the latest technology in their state-of-the art facilities.

About Linden Capital Partners

Linden Capital Partners is a Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life sciences industries.  Linden’s strategy is based upon three elements — 1) healthcare and life science industry specialization 2) integrated private equity and operating expertise and 3) strategic relationships with large corporations.  Linden Capital acquired MeriCal in late 2016.  For more information visit www.lindenllc.com

For more information, visit http://www.merical.com

Contact Information
Spokesperson: Jaime Yacko
Company: MeriCal, LLC
Phone Number: (714)238-7225
Email Address: [email protected]
Website: http://www.merical.com

MeriCal Logo

Photo – https://mma.prnewswire.com/media/829003/MeriCal___Capsules.jpg
Logo – https://mma.prnewswire.com/media/538608/MeriCal_Logo.jpg

SOURCE MeriCal, LLC

CMC Announces 2019 Hall Of Fame Inductees

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AHAA: The Voice of Hispanic Marketing is rebranding as Culture Marketing Council: The Voice of Hispanic Marketing, which will continue to elevate the quality and effectiveness of U.S. marketing by harnessing the power of cultural expertise and impact to drive business results.

FAIRFAX, Virginia, Feb. 28, 2019 /PRNewswire-HISPANIC PR WIRE/ — Today, the Culture Marketing Council: The Voice of Hispanic Marketing (CMC) announced the 2019 inductees of the CMC Hall of Fame, which recognizes a select group of visionaries, leaders and luminaries who have made significant contributions to the development and advancement of the Hispanic advertising and marketing field. Sponsored by State Farm, the CMC Hall of Fame welcomes agency pioneers and creative mavens Al Aguilar, Tony Dieste, Alex Lopez Negrete, Luis Miguel Messianu, and Ingrid Otero-Smart. All inductees will be recognized during an awards gala at the 2019 CMC Annual Summit, taking place on Tuesday, June 11, at the Statler Hotel in Dallas, Texas.

AHAA: The Voice of Hispanic Marketing is rebranding as Culture Marketing Council: The Voice of Hispanic Marketing, which will continue to elevate the quality and effectiveness of U.S. marketing by harnessing the power of cultural expertise and impact to drive business results.

“The CMC Hall of Fame honors the architects of the multicultural marketing industry—this year’s inductees paved the way for culture marketing specialists everywhere, and they continue to raise the bar with their dedication to excellence, groundbreaking work and creative ideas,” said CMC chair Isaac Mizrahi, co-president and COO of Alma.

Al Aguilar

Advertising and marketing visionary Al Aguilar was inspired at an early age by David Ogilvy’s Confessions of an Advertising Man, leading him to pursue his dream of becoming a Latino Mad Man. Today, Al and his extensive advertising work are immortalized in an exhibition at the Smithsonian Museum of American History, alongside the legendary Ogilvy and other iconic marketers.

Al Aguilar is the CEO and Chief Creative Officer at Creative Civilization, an agency he and his wife and partner, Gisela Girard founded in 1999, after serving as a principal in the legendary agency Sosa, Bromley, Aguilar & Associates, which was recognized as the largest Hispanic advertising agency in the U.S. Al’s pioneering career was shaped through his role as part of the first Hispanic marketing department at the Coca-Cola Company, and he is credited with establishing San Antonio as the Hispanic Madison Avenue during the robust era of Hispanic advertising industry growth with corporate America.

A past chair of the CMC, Al led the creation of a national Latino voter registration campaign, VOTO, which inspired and grew Hispanic voter registration and participation in national elections. He has been recognized with numerous awards, including being named the first recipient of the Advertising Executive of the Year award by HispanicAd.com, and in 2017 the American Advertising Federation (AAF), bestowed the prestigious Silver Medal Award to Aguilar for his lifetime achievements and contributions to the advertising industry.

Tony Dieste

A pioneer and recognized authority on connecting brands with cultures, Tony is the co-founder of Dieste, Inc. A creative problem solver, a powerful communicator, and a champion of extraordinary people and culture that have endured throughout his entrepreneurial career, Tony built Dieste, Inc. into one of the most successful and revered agencies in the business and helped cement Dallas’ reputation as a business-friendly city with creative firepower.

From 2008 to 2011, Tony served as an executive and private equity investor in the technology space, where he managed and invested in transformational communications platforms, but his entrepreneurial spark began in college when he launched a successful retail company that grew to 13 locations before it was acquired. A self-proclaimed “techie,” he has received dozens of industry awards, including the coveted Cannes Lions. He was named to the AAF “Hall of Achievement” and was named as one of the 100 Most Influential Latinos in the U.S.

Tony volunteers with underprivileged kids from Mi Escuelita Preschool and Cristo Rey Dallas College Prep and has launched the Dieste Scholarship for Innovation & Creativity at The University of Texas. He serves on multiple boards and is a founding member of the Dallas Latino Cultural Center—and even found time to start a successful grass-fed beef company. Tony enjoys kicking back at his ranch with family and friends and telling stories around the firepit.

Alex Lopez Negrete

With the conviction that thoughtful, relevant, fully integrated, in-language and in-culture communications is the best way to reach the exceedingly important Hispanic market, Alex is a master architect of the Hispanic marketing industry. In 1985, he co-founded Lopez Negrete Communications, Inc. with his wife and partner Cathy and has led the company to become one of the country’s most influential, independent, Hispanic owned and operated omnicultural® marketing agencies. In his role as company president and CEO, Alex is intricately involved in providing invaluable strategic counsel and creative direction to agency clients. Alex credits the agency’s success to its team of multicultural, multinational communications professionals.

During the agency’s 34-year history, Alex has been honored with many awards, including  Entrepreneur Award from PROSPANICA (formally known as the National Society of Hispanic MBAs); a Lifetime Achievement Award (the first of several) from the Association of Women in Radio and Television; a Silver Medal from the American Advertising Federation, the highest honor given by the organization; the coveted Agency Executive of the Year Award from HispanicAd.com in 2008 and 2012; the Ohtli Award from the government of Mexico in 2015, the highest honor bestowed on civilians of Mexican descent living abroad; and the Governor’s Award from the AAF Tenth District’s Southwest Advertising Hall of Fame in 2016. Recently, the Houston Minority Supplier Development Council honored both Alex and Cathy with the President’s Award for their significant support during and after Hurricane Harvey in Houston.

Alex is committed to the future of the Hispanic marketing industry. That’s why he and Cathy collaborated with the Advertising Education Foundation of Houston to establish the Lopez Negrete Hispanic Marketing Education Fund. The fund offers scholarships to students interested specifically in Hispanic marketing or advertising. Born in Houston and raised in Mexico City, Alex resides in Houston. He and Cathy have two children, Michelle and Patrick, and two granddaughters, Mia Marie and Catherine Josephine.

Luis Miguel Messianu

An influencer in the most important developments in the U.S. Hispanic market during an advertising career that spans three decades, Luis Miguel Messianu has built a professional trajectory defined by a conscious effort to help pioneer the melding of marketing niches into a nuanced and evolving total market. 

Twenty-five years ago, when advertising to U.S. Hispanics was an afterthought in a business plan, Luis Miguel had the foresight to target this vast and untapped market. In 1994 he started his own Hispanic agency—today, Alma is one of the largest Multicultural agencies in the country, with a team of over 150 people hailing from 31 different nationalities, and still growing. The agency has appeared on Ad Age’s “A-List” six times since 2010, including three as Multicultural Agency of the Year. Under Luis Miguel’s leadership, Alma has been awarded at every international festival in the industry. The agency set a new record for the U.S. Multicultural market by earning 22 coveted Cannes Lions since 2013. Alma has been named “Agency of the Year” at the Mosaic Awards, which recognizes multicultural excellence. 

In 2001, DDB partnered with Alma, and in fact, Luis Miguel currently sits on DDB’s Global and DDB Latina’s Creative Councils and their Executive committee. In 2015, ADCOLOR named Luis Miguel Legend Honoree in celebration of his achievements in diversity through his career, and in 2016 he was selected as juror for the Radio Category at the Cannes Lions Advertising festival.

Luis Miguel has always been passionate about mentoring and educating a new generation of multicultural advertising professionals and has been a member of the Miami Ad School Board and faculty since the school’s inception. He also was one of the founders of the U.S. Hispanic Creative Circle twenty years ago and was elected its first president—he is now co-chairman. He is currently the chairman of the Advisory Board at the newest Miami Ad School in Punta Cana in the Dominican Republic.

Ingrid Otero-Smart

President and CEO of Casanova//McCann, Ingrid Otero-Smart holds over 30 years of experience in the advertising industry. She joined Casanova Pendrill in August of 2008 before its re-brand as Casanova//McCann in 2016, leading the agency’s operations in Costa Mesa, New York, Detroit and Dallas. Under her leadership, the agency has more than doubled in size, doubled its revenue, and expanded to the Midwest.

Ingrid began her career in her native Puerto Rico at McCann Erickson. She later moved to California to join Mendoza Dillon & Asociados as account director and left 18 years later as President and COO. Following her time there, she spent three years as President of Anita Santiago Advertising.

A founding member and past-chair of the CMC, Ingrid has served on the board of directors of CPI Corp, Orange County Chamber of Commerce and U.S. Hispanic Family of the Year. She currently serves on the Dean’s Advisory Board of the School of Communications, at California State University Fullerton, Agency Advisory Board for the School’s Practical Advantage Agency, and is on the Board of Governors of the institution. She is also a founding member of the Latino Communications Institute.

Ingrid’s numerous accolades include Hispanic Ad Executive of the Year, 100 Most Influential Hispanics by Hispanic Magazine, Executive of Excellence by Hispanic Lifestyle, the Hispanic Marketing Achievement Award, Ad Color Rock Star Award, Advertising Women of NY Mother of the Year, among many others. Ingrid’s biggest achievement is her son, Jordan, who has recently graduated with a degree in Communications and is following in his mother’s footsteps.

For more information, visit culturemarketingcouncil.org and follow the CMC on Facebook and Twitter at @cmchispanic using the conference hashtag #culturedriven.

About CMC: Founded in 1996, CMC: The Voice of Hispanic Marketing is the national trade organization of all marketing, communications and media firms with trusted Hispanic expertise.

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SOURCE Culture Marketing Council: The Voice of Hispanic Marketing