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Paddle bolsters leadership team with new CPO, CFO and VP of People ahead of the next stage of global expansion

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  • New CPO Stuart Bailey is former CPO of Silverbird and Currencycloud
  • CFO Philip Watson previously worked as Senior Vice-President, FP&A at ZoomInfo
  • Coline Marchal joins as VP of People from European insure-tech Insify
  • The senior hires arrive as Paddle reaches the milestone of $1 billion annual run rate in payments, having launched its new Billing product and inaugural AI Launchpad in 2023

LONDON and NEW YORK, Feb. 29, 2024 /PRNewswire/ —  Paddle, the payments infrastructure provider for software companies, today announces it has appointed Stuart Bailey as its new Chief Product Officer, Philip Watson as Chief Financial Officer, and Coline Marchal as VP of People.

The senior appointments follow a landmark year in which Paddle launched Billing, the complete billing solution for SaaS; conducted its inaugural AI Launchpad, a 6-week programme to help ambitious AI founders accelerate growth; and celebrated the milestone of $1 billion in annual run rate in the payments that it manages for its growing customer base.

Incoming CPO Stuart Bailey is an experienced product leader in the fintech sector, adept at building and growing high-performing product teams in startups, scale-ups and large corporations. Stuart was previously CPO at Silverbird, a digital payments platform for international trade, and Currencycloud, the cloud-based platform for B2B cross-border payments that was sold to Visa in 2021. Stuart will be responsible for Paddle’s strategic product direction, ensuring Paddle continues to create products that deliver value to the thousands of software sellers using its platform.

New CFO Philip Watson brings over 12 years of experience in the enterprise software sector. Prior to Paddle, Philip worked at the private equity firm Hg Capital, where he was the Portfolio Finance & Operations Director, leading the Portfolio Finance team in operationalizing value creation for Hg’s portfolio companies. Before his time in private equity, Philip spent over 7 years at ZoomInfo, where he founded the FP&A, sales commissions, and financial technology teams and helped to grow the business to over $1.2b ARR. As CFO of Paddle, Philip will be responsible for managing the financial functions of the company as it moves into the next stages of its growth journey.

Paddle has also appointed Coline Marchal as VP of People. Coline was previously VP of People at European insure-tech Insify and Senior Director of HR, EMEA, at cloud-based reporting compliance platform Workiva. Coline brings nearly 15 years of experience in the HR function to the role, and thrives in fast-paced scale-up environments. She has been integral in the ground-up building of HR teams and speciality HR projects spanning mergers & acquisitions and company transformations. She will be responsible for expanding Paddle’s people operations and strategy in line with Paddle’s digital-first approach that empowers Paddle team members to work from anywhere, with trust and autonomy.

Jimmy Fitzgerald, CEO of Paddle, said: “Although 2023 was a challenging year for software in many ways, it was an incredibly positive one for Paddle. In August we launched one of the most significant products in our history with Paddle Billing, which paves the way for us helping tens of thousands of new software companies over the next decade. We also launched our inaugural “AI Launchpad” – a 6-week program designed to accelerate growth for SaaS founders – and saw customer wins in the games sector, a new market where we see big opportunities to support global games developers.

“We’re excited to build on this in 2024 and to continue helping our thousands of fast-growing software customers grow and thrive. I’m a strong believer in the idea that people are a fundamental part of a company’s success, and that selecting a strong team is critical. I’m therefore delighted to bring onboard Stuart as CPO and Philip as CFO with their strong track records helping ambitious businesses such as ours master their product and financial functions, as well as Coline, who will be integral in helping us to continue scaling our people and talent management strategy.”

Paddle is used by over 3,500 software companies in more than 200 markets worldwide to manage the likes of their checkout, payments, subscriptions and taxes. These new hires follow Jimmy Fitzgerald transitioning from Chief Operating Officer to CEO, former CEO and co-founder Christian Owens taking on a new role as Paddle’s Executive Chairman, and Rob Fletcher moving from Chief Customer Officer to President and Chief Operating Officer.

About Paddle

Paddle, the payments infrastructure provider for software companies, powers hyper-scale growth across acquisition, renewals and expansion. With Paddle, companies are finally able to transform their payments infrastructure into a strategic growth lever to respond faster and more precisely to every growth opportunity. Paddle has 300 employees serving over 3,500 software sellers in 245 countries and territories globally. Backed by investors including KKR, FTV Capital, Kindred, Notion, and 83North, Paddle aims to define the next wave of B2B SaaS leaders. Visit www.paddle.com or www.twitter.com/PaddleHQ for more information

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Fintech PR

Invitation to presentation of EQT AB’s Q1 Announcement 2024

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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.

The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.

To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.

The webcast can be followed live here and a recording will be available afterwards.

Information on EQT AB’s financial reporting

The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.

The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.

Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]

Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826

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https://mb.cision.com/Main/87/3956826/2712771.pdf

Invitation to presentation of EQT AB’s Q1 Announcement 2024

https://news.cision.com/eqt/i/eqt-ab-group,c3285895

EQT AB Group

 

View original content:https://www.prnewswire.co.uk/news-releases/invitation-to-presentation-of-eqt-abs-q1-announcement-2024-302109147.html

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Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

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  • Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
  • Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
  • Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
    • Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
    • PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
  • Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
  • 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
  • CEO reaffirms Kia’s commitment to ESG management

SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.

Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.

During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.

The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.

“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”

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PDF – https://mma.prnewswire.com/media/2380040/Press_Release__2024_Kia_CEO_Investor_Day_240405.pdf

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BioVaxys Technology Corp. Provides Bi-Weekly MCTO Status Update

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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.

As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.

The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.

Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.

About BioVaxys Technology Corp.

BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.

ON BEHALF OF THE BOARD

Signed “James Passin
James Passin, Chief Executive Officer
Phone: +1 646 452 7054

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Cision View original content:https://www.prnewswire.co.uk/news-releases/biovaxys-technology-corp-provides-bi-weekly-mcto-status-update-302108920.html

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