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Business
[Illustration: Olha Furmaniuk/istockphoto]
Fort Worth’s EECU Surpasses $4B in Total Assets
by Lance Murray | Jan 3, 2025
Not-for-profit EECU, the second-largest credit union in North Texas, has doubled in asset size since 2017, when it crossed the $2 billion-in-assets threshold.
by Lance Murray |
Jan 3, 2025
Coppell-based Dave & Buster’s Entertainment Inc. has made its debut in India with a flagship location in the city of Bengaluru, marking the brand’s first-ever franchise store.
India, with a rapidly growing middle class and increasing urbanization, is the world’s fifth-largest economy and is projected to become the third largest by 2030, Dave & Buster’s said, making it “the perfect market” for its brand....
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by Lance Murray |
Jan 2, 2025
In an all-cash deal valued at more than $57 million, Garland’s Micropac Industries Inc. and California-based Teledyne Technologies Inc. have completed a previously announced merger of Micropac with a wholly owned subsidiary of Teledyne.
Under the terms of the agreement, which was announced in early November, Micropac becomes a wholly owned Teledyne subsidiary....
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by Lance Murray |
Jan 2, 2025
Irving-based McKesson Corp. has finalized the sale of its Canada-based Rexall and Well.ca businesses to Birch Hill Equity Partners, a mid-market Canadian private equity firm.
McKesson said the deal enables it to focus capital deployment and prioritize investments expanding its strategic oncology and biopharma growth platforms.
The deal, which was announced in September, closed on Dec....
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[Image: DariaRen/istockphoto]
S&P 500 Adds North Texas’ Lennox
by Lance Murray | Dec 30, 2024
Richardson-based climate control solutions provider Lennox has been included in the S&P 500, a milestone it said recognizes the company’s sustained growth, innovation, and dedication to delivering advanced heating, ventilation, air conditioning, and refrigeration systems.
Lennox said the index is recognized as the single best gauge of the U.S. large-cap market and measures the performance of 500 of the leading companies spanning all sectors of the U.S...
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by Lance Murray |
Dec 20, 2024
The Fort Worth-based company said Michelle Lanter Smith will drive brand engagement and revenue growth through innovation, data-driven marketing strategies, and talent cultivation.
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by Lance Murray |
Dec 20, 2024
Pawan Joshi has been promoted to chief strategy officer, a new executive role responsible for driving corporate strategy and growth. Rachit Lohani has joined as chief product and technology officer, a new executive role at E2open.
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by Lance Murray |
Dec 20, 2024
Jeff Helfgott, a former U.S. Army captain and McKinsey & Co. associate, brings a strong knowledge base and more than a decade of experience to the CEO post, Boardroom Styling Lounge said.
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Andrew Bon Salle has been appointed to Mr. Cooper Group's board of directors [Photo: Business Wire]
North Texas’ Mr. Cooper Group Adds New Board Member
by Lance Murray | Dec 20, 2024
Andrew Bon Salle brings more than 30 years of experience in capital markets, risk management, securitization, and mortgage policy leadership within the home lending sector.
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by Lance Murray |
Dec 20, 2024
Heath May, a 20-year veteran of the architecture and design firm, will succeed current CEO Dan Noble in January 2026, following a year of "apprenticeship and preparation" alongside Noble, who's been chief executive since 2014.
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by Lance Murray |
Dec 20, 2024
CEO Mel Davenport will retire after more than 30 years of service at the Dallas- and Idaho Falls-based company. Succeeding him as CEO will be David Lawrence, former CEO of Fresh Direct.
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by Lance Murray |
Dec 20, 2024
Ben Fujihara will be responsible for overseeing capital strategy, investor relations, and business development at Rising Phoenix, the investment firm said.
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Steve Klohn, CIO at Dave & Buster's [Photo: Legends]
Executive Returns to Dave & Buster’s as Chief Information Officer
by Lance Murray | Dec 20, 2024
Steve Klohn will rejoin Dave & Busters after recent changes, the company said. He had left earlier this year after spending a combined eight years with Main Event and Dave & Buster’s. Klohn was said to be "integral" in the company's June 2022 acquisition of Main Event.
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by David Seeley |
Dec 20, 2024
Editor’s update: Sky Elements Drones, which was set to perform in Dallas on Dec. 31, has “informed Reunion Tower that they will not be able to fly their New Year’s Eve show,” Reunion Tower President Dusti Groskreutz said in a statement on Thursday, Dec....
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by Lance Murray |
Dec 19, 2024
Dallas-based national real estate developer Jackson-Shaw announced four leases at Chisholm 20, a Class A, four-building, 917,374-square-feet business park in Benbrook, that includes three relocations and an expansion.
“It’s great to welcome several new businesses and their employees to Benbrook, and we’re excited to see relocations and expansions from other areas across the Metroplex,” Jackson-Shaw Vice President of Development Miles Terry said in a statement....
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by Lance Murray |
Dec 19, 2024
Chris Lamon will continue leading the water storage solutions provider as president and CEO alongside the existing management team, which has retained a minority stake.
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