Business

 

 

Invitation Homes Promotes Exec to President, Chief Operating Officer

by | Mar 2, 2023

Dallas-headquartered Invitation Homes Inc. has promoted Charles Young to president and chief operating officer.

Dallas Tanner will continue in the role of chief executive officer, Invitation said.

“We are extremely pleased to expand the role Charles plays in the organization. Over the last decade, he has been an integral leader in helping Invitation Homes and a predecessor company build a robust business and a strong team,” Tanner said in a statement....

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Dallas Fintech Zirtue Expands Its Platform to Include Existing Loans
by | Mar 2, 2023
The startup aimed at formalizing lending among family and friends adds a feature to ensure “paper-napkin IOUs” are less likely to damage relationships. “There are a lot of lenders out there that have multiple people that they’ve loaned money to,” says CEO and co-founder Dennis Cail. “And they’re like, ‘Look, if I have a chance of getting one of those loans paid back, it’s worth it.’"
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16 Biotech Companies in Dallas-Fort Worth ‘Putting the Tech in Bio’ to Drive Breakthroughs

Dallas-Fort Worth is well known for its tech expertise. Now it being recognized as the place where technology meets life science—a convergence that’s driving rapid growth in the biotech ecosystem....

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An ‘AR Dirk’ Will Be On Tap at Nowitzki in DFW Airport
by | Mar 1, 2023

For most travelers, DFW Airport’s Terminal C is just a way to get someplace. But this summer it’ll get its own destination: Nowitzki, a new, high-tech bar and restaurant concept steeped in the brand power of the Dallas Mavs legend....

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Park Cities Asset Management Acquires Elevate Credit Inc. for $67M

by | Mar 1, 2023

Elevate Credit Inc., a Fort Worth-based tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, has been acquired in a deal valued at $67 million by Dallas-based Park Cities Asset Management LLC, an alternative asset manager focused on providing flexible capital solutions.

“Elevate is pleased to join Park Cities as we embark on an exciting new chapter, one that will allow us to better serve our customers and drive innovation within our business,” Elevate CEO Jason Harvison said in a statement....

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The Center for American and International Law Names First Woman to Leadership in the Institute for Energy Law
by | Mar 1, 2023

Vickie Adams has been promoted to director of the Institute of Law and Technology and co-director of the Institute for Energy Law, The Center for American and International Law announced....

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Sabre Corp. Announces Next CEO as Part of its Ongoing Succession Plan
by | Mar 1, 2023
Currently, Kurt Ekert is president of Sabre. He'll take up his new post as CEO on April 27, following current CEO Sean Menke's transition to become solely chairman of the board. Ekert has also been nominated as a director for election at Sabre's 2023 annual meeting, to be held on April 26. Sabre said the moves are being made as part of its ongoing succession planning.
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Republic National Distributing Launches ‘Powered by Women’ Campaign and NFT Auction
by | Mar 1, 2023
Republic National Distributing, a Grand Prairie-based beverage alcohol distributor, is kicking off Women’s History Month with “Powered by Women,” a campaign honoring female pioneers in the wine and spirits industry. As part of the campaign, scholarship funds will be raised via an NFT auction. Throughout March, Republic will auction off custom-made digital collectibles (including the above) designed by digital artist Chelsy Escalona.
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China-Based ‘Smart Solar’ Company Launches North American Subsidiary in Plano

by | Mar 1, 2023
Hoymiles Power Electronics, a leading global "smart solar" supplier based in China, has announced the opening of its first U.S. subsidiary in Plano, north of Dallas. Founded in 2012, the company says it empowers homeowners and professionals in more than 110 countries and regions to join the journey to what it calls "open energy for all."
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Dallas’ Compass Datacenters Teams Up with Luminosity Gaming
by | Mar 1, 2023
Calling it "a first-of-its-kind" partnership between the data center and online gaming industries, Dallas-based Compass Datacenters announced that it's teaming up with Toronto-based Luminosity Gaming. Raymond Hawkins, Compass’ chief revenue officer, says the partnership "will put a spotlight on how essential data centers are to gaming, and how gaming is driving tremendous cloud innovation."
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Dialectic Therapeutics cancer
The Last Word: Celanese’s Karen Chen on Partnering with Alessa Therapeutics on Cancer Drug Delivery
Dallas-based Celanese Corporation has announced a collaboration with Alessa Therapeutics for developing a new oncology drug product, by utilizing the Celanese VitalDose EVA drug delivery platform. "Our new collaboration with Alessa Therapeutics underscores our commitment to optimize therapeutics through drug delivery innovation for oncology patients,” said Karen Chen, global business strategy leader for oncology at Celanese.
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Dallas Fort Worth company's ranked for revenue growth on Fortune Magazine's list.
53 North Texas Companies Make Inc.’s Fastest-Growing in Southwest List
by | Feb 28, 2023
Dallas-Fort Worth companies snagged nearly 33% of the 166 rankings on the Southwest list. "This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies," said Inc. Editor-in-Chief Scott Omelianuk. "They're disrupters and job creators, and all delivered an outsize impact on the economy."
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Toyota’s Way Forward Fund Aims to Boost Recovery from Traumatic Brain Injuries

by | Feb 28, 2023
Grants totaling $8.5 million will be made available in the initiative's first year, focused on helping children with traumatic brain injuries. "With the guidance of our expert advisors, we want to help strengthen and expand access to support systems for children with traumatic brain injuries as well as their families," said Tellis Bethel (above), chief social innovation officer for Toyota Motor North America.
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Blue Cross Blue Shield of Texas Accepting Applications for ‘Blue Impact’ Grants
by | Feb 28, 2023

Blue Cross and Blue Shield of Texas is accepting applications for a new $2.93 million grant program as part of a refreshed community investment strategy focused on social determinants of health....

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DallasCIO Announces Winners of 2023 Dallas ORBIE Awards
DallasCIO—a peer leadership network of North Texas chief information officers—announced the winners of its 2023 Dallas ORBIE Awards, including execs from Textron, CBRE, Reddy Ice, and more. The organization recognized chief information officers and chief information security officers in seven key categories: Leadership, Global, Large Enterprise, Enterprise, Large Corporate, Corporate, and for the first time ever, CISO.
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The Last Word: Dude Perfect’s Coby Cotton on Jumping from YouTube to a $100M Theme Park
Dude Perfect told the Wall Street Journal they've sent out bid requests for their proposed $100 million theme park/HQ "to Frisco and other cities" and asked for responses within two months. Meanwhile, the team said, they've been talking with potential fundraisers for the project. 
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