Executive Appointment - Axogen Inc appointed Craig Swandal as Vice President of Operations, reporting to CEO Michael Dale and overseeing manufacturing, supply chain, and infrastructure strategies [1] - Craig Swandal has over 25 years of experience in global manufacturing leadership within the medical device sector, including roles at Tendyne (Abbott Labs), ATS Medical, and Gyrus Medical (Olympus) [2] - Swandal holds a Mini MBA in Medical Technology from St Thomas University and a Bachelor of Arts in Organizational Management and Communications from Concordia University [3] Equity Grant Details - Craig Swandal received an equity grant consisting of 58,000 Restricted Stock Units (RSUs) and 58,000 Performance Stock Units (PSUs) as an inducement for employment [4] - The RSUs vest over 4 years, with 50% vesting after the second year and 25% annually thereafter [5] - The PSUs vest based on company stock price performance goals between February 22, 2024, and February 22, 2027, with potential payouts ranging from 0% to 200% [5] Company Overview - Axogen is a global leader in developing surgical solutions for peripheral nerve injuries, focusing on nerve regeneration and repair [7] - The company's products are used in scheduled non-trauma procedures and emergent trauma procedures, addressing conditions like breast reconstruction, neuroma removal, and nerve decompression [8][9] Product Portfolio - Axogen's product portfolio includes Avance Nerve Graft, Axoguard Nerve Connector, Axoguard Nerve Protector, Axoguard HA+ Nerve Protector, and Axoguard Nerve Cap [10] - These products are designed for peripheral nerve repair and are available in multiple countries including the United States, Canada, Germany, and the United Kingdom [10]

BROOKFIELD, Conn., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, announced today the appointment of George Macricostas to the position of Executive Chairman, effective January 6, 2025. Mr. Macricostas has over 30 years of technical and management experience in business operations and information technology. He has been a member of the Photronics Board of Directors since 2002, serving on the Nomination and Cybersecurity committee ...

NEW YORK, Jan. 10, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Visa Inc. (NYSE: V) between November 16, 2023, and September 23, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.So what: If you purchased Visa securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs t ...

The Memphis-based bank provides crucial resources to help families thrive. MEMPHIS, Tenn., Jan. 10, 2025 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN) and its banking subsidiary First Horizon Bank ("First Horizon") are proud to participate in the highly anticipated reboot of ABC's "Extreme Makeover: Home Edition," which premiered just after the new year. This season, the bank will provide resources to each of the four families living in Houston, Orlando and Phoenix. These funds will help the familie ...

Key TakeawaysThe S&P 500 plunged 1.5% on Friday, Jan. 10, as an unexpected surge in hiring in the December jobs report raised concerns about interest rate policy.Shares of Constellation Brands tumbled after the beer and wine maker reduced its full-year sales guidance.Strong results from Walgreens Boots Alliance suggested early progress on the drugstore operator's turnaround plan, and its shares surged. Major U.S. equities indexes plunged as the markets returned to action Friday following a day of mourning f ...

NEW YORK, Jan. 10, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Xerox Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline.So what: If you purchased Xerox securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...

Company Actions - Amazon has updated its corporate website to downplay DEI (Diversity, Equity, and Inclusion) and removed a 2021 post that emphasized DEI focus [1] - Amazon is curbing some of its DEI programs, following similar actions by Meta, which also announced the end of its diversity efforts [2] - The company is winding down outdated DEI programs and materials as part of a review of current initiatives [2] Industry Trends - Tech companies, including Amazon and Meta, are reversing prior commitments to DEI, possibly in anticipation of a presidential administration hostile toward DEI [1][2] Internal Communication - A senior HR executive stated that the company is focusing on programs with proven outcomes and aims to foster a more inclusive culture, rather than having individual groups build programs [3]

Shares of Meta Platforms (META 0.84%) soared last year as the "Magnificent Seven" stock cracked the trillion-dollar mark once again.Like other tech stocks, Meta Platforms jumped on the broader AI boom as it experienced a resurgence in advertising revenue and moved past its earlier metaverse misstep.According to data from S&P Global Market Intelligence, the stock jumped 65% last month. As you can see from the chart below, the stock jumped early in the year on a strong earnings report, and though it swung up ...

NEWBURYPORT, Mass., Jan. 10, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (NASDAQ:UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 25th Annual "New Ideas for the New Year" Conference to be held virtually on January 14, 2025. UFP's presentation is schedu ...

NEWBURYPORT, Mass., Jan. 10, 2025 (GLOBE NEWSWIRE) -- UFP Technologies, Inc. (Nasdaq: UFPT) an Innovative designer and custom manufacturer of components, subassemblies, products, and packaging primarily for the medical market today announced that Chairman and Chief Executive Officer R. Jeffrey Bailly and Chief Financial Officer Ron Lataille will participate in the upcoming CJS Securities 25th Annual “New Ideas for the New Year” Conference to be held virtually on January 14, 2025. UFP’s presentation is sched ...