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EY appoints new global Independent Non-Executive

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LONDON, June 10, 2024 /PRNewswire/ — Today EY announced the appointment of a new EY Global Independent Non-Executive (INE), Duane M. DesParte, who will join the EY Global Governance Council (GGC), effective 1 June 2024.

Duane is a former Board Member of the Public Company Accounting Oversight Board (PCAOB), to which he was appointed by the Securities and Exchange Commission in December 2017, and on which he served through the conclusion of his second term in October 2023. He served as Acting Chair of the PCAOB from June 2021 to January 2022. While at the PCAOB, Duane served as an Officer of the International Forum of Independent Audit Regulators (IFIAR) for four years, including a term as Chair that ended in April 2023.

Before joining the PCAOB, he served as corporate controller for ten years and in other financial roles for five years at Exelon Corporation, then a Fortune 100 company in the energy industry. Prior to joining Exelon in 2003, he spent 18 years as an auditor.

He joins existing EY Global INE Tonia Lovell. In her role as EY Global INE, Tonia also serves as Chair of the EY Global Public Interest Committee. Tonia has also served as INE for EY UK since 2019 and is Chair of the EY UK Public Interest Board. Previously, Tonia served as Group Company Secretary for Unilever PLC from 2010 to 2018, and from 2010-2013 also served as Chief Legal Officer.

Tonia and Duane bring deep knowledge and insights that will help EY continue to strengthen and evolve – while maintaining a rigorous focus on quality in audit and all other areas of the multi-disciplinary EY service offerings across the globe. 

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The GGC advises the EY Global Executive on policies, strategies, and the public interest aspects of its decision-making. The participation of INEs on the GGC plays an essential role in providing diverse perspectives in order to enhance the EY contribution to the stability of capital markets through audit and other services.

Sitting EY Global INE Sir C.K. Chow will depart his role when his term expires on 30 June 2024. C.K. has served in this role for over eight years. A process is underway to identify his replacement.

Janet Truncale, EY Global Chair and CEO-elect stated: “As our profession continues to evolve, Duane’s appointment reflects our deep commitment to audit quality and our continuing focus on meeting the dynamic needs of EY clients, people and stakeholders. With deep global and US regulatory and corporate experience, we are thrilled to add Duane to our GGC and welcome the contributions he will make toward reinforcing a culture of accountability, independence, objectivity, professional scepticism and trust, which is important to all of EY.”

We would also like to thank Sir C.K. Chow for his contributions and wish him well on his future endeavours.”

About EY

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EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.

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Matthew Lower
EY Global Media Relations
[email protected]

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ROYAL CANADIAN MINT UNVEILS A NEW $1 CIRCULATION COIN HONOURING CANADIAN LITERARY ICON L. M. MONTGOMERY

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CAVENDISH, PE, June 26, 2024 /PRNewswire/ — The Royal Canadian Mint is releasing a new $1 commemorative circulation coin honouring L. M. Montgomery, one of the most prolific and widely read authors in Canadian history. On the 150th anniversary of her birth, this coin pays tribute to Montgomery’s talent and enduring contributions to Canadian and world literature, as well as her role in popularizing Prince Edward Island (PEI) and Canada through her timeless Anne of Green Gables novel series and other memorable works. This coin will start entering circulation on June 27, 2024.

“The Anne of Green Gables novels are iconic works of Canadian literature, and have captivated millions of readers in Canada and around the world,” said The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance. “This new coin in tribute to L. M. Montgomery and her literary masterpieces will help keep the story of Anne in our pockets for generations to come.”

“The life and legacy of L. M. Montgomery is the kind of story that belongs on the first circulation coin to celebrate an author,” said Marie Lemay, President and CEO of the Royal Canadian Mint. “With her iconic tales of Anne Shirley still being translated into dozens of languages and adapted for stage and screen, we are proud to have represented Montgomery’s story on a coin that will be shared and treasured for generations.”

The coin was unveiled at Green Gables Heritage Place, the family house and farmstead administered by Parks Canada that Montgomery used as the inspiration for the setting of her novel Anne of Green Gables.  Its artwork is the creation of Prince Edward Island artist Brenda Jones. It features a profile portrait of the beloved Canadian author
(1874-1942) around the time Anne of Green Gables was written, along with the author’s signature and the cat drawing she often included when signing her name.

To convey the power of Montgomery’s imagination, the coin design flows from the view of the author putting pen to paper (represented by the portfolio and inkwell) to that of Anne Shirley gazing out at PEI farmland – the real-life inspiration for many of Montgomery’s stories. The obverse features the effigy of His Majesty King Charles III by Canadian artist Steven Rosati.

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“I greatly admire my grandmother, for her contribution to Canadian literature and culture, her strength of character, and the love, pride and sense of responsibility she gave to my family,” said Montgomery’s granddaughter, Kate Macdonald Butler. “For her to be commemorated on millions of circulation coins is an unimaginable honour and I hope Canadians will cherish it as much as I do, not only for the stories she told, but for the woman she was.”

Born in Clifton, PEI in 1874, L. M. Montgomery published hundreds of short stories and poems, in addition to 20 novels, including the famed: Anne of Green Gables stories. She eventually settled in Toronto, where she died in 1942. Montgomery was finally laid to rest in PEI’s Cavendish Cemetery – a last return to the island she so cherished.

Limited to a mintage of three million coins, of which two million are coloured, this new $1 circulation coin begins circulating on June 27, 2024.  It will reach Canadians through their change as bank branches and businesses replenish their coin inventories.

Other collector products adding to this commemoration include coloured and uncoloured special wrap rolls of 25 uncirculated coins each, as well as a fine silver coin.

These collectibles can be ordered as of today by contacting the Mint at 1-800-267-1871 in Canada, 1-800-268-6468 in the US, or online at www.mint.ca/LMM.They are also available at the Royal Canadian Mint’s Ottawa and Winnipeg boutiques, as well as through the Mint’s global network of dealers and distributors.

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About the Royal Canadian Mint

The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada’s prestigious military and civilian honours.  As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services.  As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations. 

For more information on the Mint, its products and services, visit www.mint.ca.  Follow the Mint on LinkedIn, Facebook and Instagram.

Images of the circulation coin and collector products are available here.

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Global Talent Partner Phaidon International Strengthens Board With New CPO

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NEW YORK, June 26, 2024 /PRNewswire/ — Phaidon International, the professional services firm specializing in securing business-critical talent, is pleased to announce the appointment of Mark Norton as the new Chief People Officer (CPO). This strategic hire reflects Phaidon International’s commitment to accelerating global growth and delivering outstanding results for clients worldwide.

 

 

Mark brings a wealth of knowledge and a proven track record in people strategy. With over 20 years of experience, he has held key leadership roles at Campari Group and Broadcom where he played a critical role in driving results through strategic talent initiatives, modernizing the operating model for commercial success.

“We’re thrilled to have Mark Norton join our executive team,” said Harry Youtan, CEO of Phaidon International.

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“Mark’s expertise will support our continuing goals to expand our global reach and deliver exceptional results for our clients. Mark’s leadership perfectly aligns with our mission to empower businesses and individuals to achieve their full potential.”

As Chief People Officer, Mark will unite Talent, Human Resources and Training functions under one single roof, to build and execute a strategy aligned to a high-performance growth organization. His leadership will be instrumental in accelerating the business as Phaidon International looks to continue its ambitious growth plans.

“I am excited to join Phaidon International and contribute to its vision,” said Mark.

“I look forward to working with the team to develop forward-thinking people strategies that not only attract and retain top talent but also drive the company’s success in the marketplace.”

This appointment comes at a pivotal time for Phaidon International as it continues to expand its services and solutions to meet the evolving needs of businesses in today’s competitive landscape, strengthening its position as a trusted talent partner and driving growth for clients and professionals globally.

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For more information about Phaidon International and its services, please visit phaidoninternational.com.

About Phaidon International

Phaidon International identifies, sources, and delivers business-critical talent to the most innovative industries in the world. Delivering its capabilities through a deliberately curated group of 6 brands, each one specializes in the following industries, where a relentless supply-demand imbalance exists:

Selby Jennings – Financial Sciences & Services
LVI Associates – Energy & Infrastructure
DSJ Global – Supply Chain
EPM Scientific – Life Sciences
Glocomms – Technology
Larson Maddox – Regulatory & Legal

Today, Phaidon International is proud to deliver excellence to clients in over 60 countries, winning over 50 independent awards along the way. Phaidon International is backed by Further Global.

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DAR GLOBAL SETS A NEW BENCHMARK IN LUXURY HOSPITALITY WITH LAUNCH OF THE $500 MILLION TRUMP INTERNATIONAL OMAN IN AIDA

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DUBAI, UAE, June 26, 2024 /PRNewswire/ — Dar Global, the luxury international real estate developer, introduces Trump International Oman at its expansive AIDA project, one of the world’s largest premium mixed-use real estate developments.

 

 

Valued at $500 million, this development includes a luxury hotel, hanging suites, furnished villas, and apartments serviced by the hotel. It features a 18-hole Championship golf course, a members-only club, and the Cliff Hanging Night Club. Opening in December 2028, the 140-key, 5-star hotel complex is beachfront, offering guests complimentary private beach access.

AIDA is a joint venture between Dar Global and the Trump Organization, in partnership with Omran Group, Oman’s executive arm for tourism development. Situated atop a hill over 100 meters high, AIDA boasts panoramic views of rocky canyons and endless beaches.

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Ziad El Chaar, CEO, Dar Global, said: “The launch of Trump International Oman in AIDA, signifies a significant leap in our endeavor to build an unmatched hospitality portfolio in the world’s most coveted destinations. Reflecting Dar Global and Trump Organization’s commitment to excellence, this landmark establishment not only sets new standards in international hospitality but also advances Oman’s tourism vision, drawing in a broader audience while stimulating domestic tourism.”

Eric Trump, EVP, The Trump Organization, said: “In collaboration with Dar Global, we proudly introduce Trump International Oman in AIDA, ushering in a new era of style, service, and exclusivity with the renowned Trump standard. This partnership reflects our shared dedication to crafting iconic luxury experiences for discerning travelers and investors, enhancing Oman’s prominence as a premier global destination.”

Unique to Trump International in Oman are picturesque hanging suites with private pools and ensuite bathrooms offering sweeping views. Complementing the golfing lifestyle are a training academy and a members-only club with exclusive amenities for networking and social events. The Cliff Hanging Night Club, a first in the ME, offers an unrivalled setting for bespoke events and celebrations. Other amenities include diverse dining options, banqueting and meeting facilities, and an expansive SPA.

Disclaimer: Trump International Oman is not owned, developed or sold by The Trump Organization or any of their current or former principals or affiliates. Dar Al Arkan Property Development SPC, the owner and developer of the property, uses the “Trump” name and mark under license, which license may be terminated or revoked according to its terms.

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