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Business
Michaels' Interim Office of the CEO members, left to right: Heather Bennett, Stacey Shively, and Perry Pericleous [Photos: LinkedIn]
Michaels Announces 3-Member Interim CEO Team While Searching for New Chief
by Lance Murray | Jan 15, 2025
Heather Bennett, president, Stacey Shively, chief merchandising officer, and CFO Perry Pericleous have been appointed to lead the interim Office of the CEO at the Irving-based Michaels Companies.
by Lance Murray |
Jan 15, 2025
The company said the raise encompassed new primary equity from funds managed by Macquarie Asset Management, alongside multiple large global investors with significant experience in digital infrastructure.
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by Lance Murray |
Jan 15, 2025
Partners Capital, with over $60 billion in assets under management, said its new Dallas office reinforces its long-standing commitment to local endowments, foundations, family offices, and private clients.
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by David Seeley |
Jan 15, 2025
Last week, Irving-based Caterpillar marked its 100th anniversary year with celebrations throughout the U.S. commemorating "a monumental moment" in the company's history. The company officially turns 100 on April 15, marking a century of "customer-centric innovation and industry-leading transformation"
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Microsoft Technology Licensing, LLC has received a newly granted patent for "Evaluating Online Activity to Identify Transitions Along a Purchase Cycle," invented by Bo Hong, Matthew White, Peter Willard Shankel, Shanshan Wang, and Varadha Sundaram. The patent describes a system that uses metrics such as breadth, depth, and recency of online consumer interactions to detect change points indicating state transitions in the purchase cycle. [Images sources: USPTO Patent #12165161, Fig. 2E; DI Studio background]
This week, newly granted patents also include:
- Amazon Technologies' stylized text transcription for messaging
- Astrapi's polynomial symbol waveforms
- AT&T's controlling access to datasets described in a cryptographically signed record
- Blue Core Technologies' remediation of floodwater-damage
- BMIC's methods of forming an adhesive composition from asphalt shingle waste powder
- Capital One Services' vulnerability dashboard and automated remediation
- Counterfog's sampling air-borne particles
- Lennox Industries' programming products with software tokens
- Pratt Corrugated Holdings' method of using a tamper-evident box
- Qorvo US' high electron mobility transistors (HEMTS) including a yttrium (Y) and aluminum nitride (AIN) (YAIN) alloy layer
- Thumbtack's image recognition and report generation
- Verily Life Sciences' network-connected containers having medication stored therein
- Wing Aviation's autonomous control techniques for avoiding collisions with cooperative aircraft
Patented: Microsoft’s Identification of Purchase Cycle Transitions from Online Activity and More North Texas Inventive Activity
by Dallas Innovates | Staff Report | Jan 15, 2025
Dallas-Fort Worth ranked No. 11 for patent activity out of 250 metros for the week of Dec. 10 with a total of 127 patents granted.
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by Lance Murray |
Jan 14, 2025
Based in Philadelphia and founded in 1939, Thalheimer is a non-ferrous scrap metal processor of copper, brass, stainless steel, and other metals, selling to foundries, refiners, and mills globally. It acquired Phoenix-based Mega Metals in 2018.
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by Lance Murray |
Jan 14, 2025
CRAFT's first U.S. location—featuring more than 100 beers on tap "including local Texas brews"—is coming to Dallas' Preston Center. In 2019, its founder, PJ L’Heureux, partnered with Tom Gaglardi, owner of the Dallas Stars and the Moxies Restaurants, setting the stage for expansion into the U.S. market.
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by Lance Murray |
Jan 14, 2025
"Through our partnership with New Mountain, we're positioned to scale more rapidly, invest in next-generation technologies, and continue providing the platform upon which our clients rely," said Access Healthcare Vice Chairman Vardhman Jain. "By combining our strengths, we'll drive innovative solutions and create even greater value for the healthcare industry."
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Pond, Robinson & Associates Co-Presidents Michael Raybon (left) and Justin Lia [Photos: PR&A]
Frisco Engineering and Construction Consultancy Doubles Down on CRE Property Asset Services as Projects Surge
by Quincy Preston and David Seeley | Jan 14, 2025
PR&A's portfolio surged to $9 billion in property condition assessments last year, including a landmark KKR-Blackstone student housing deal, building on $17 billion in development advisory work in 2023. Newly appointed co-presidents Michael Raybon and Justin Lia tell Dallas Innovates about their firm's expansion into Asset Management Support—a vertical designed to address a market gap in the property ownership lifecycle.
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by Quincy Preston |
Jan 14, 2025
Digital marketing veteran James Loomstein shares why startups need to focus on core business problems, not quick-fix marketing tactics. Here are key insights from 10 years teaching at SMU Cox.
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by Lance Murray |
Jan 13, 2025
Motorola Solutions has agreed to buy Richardson-based Theatro Labs Inc., a maker of AI and voice-controlled communication and digital workflow software for frontline workers.
“For more than a decade, we have been passionate about innovating for frontline workers,” Theatro President and CEO Chris Todd said in a statement....
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by Lance Murray |
Jan 11, 2025
The Southlake-based communications firm promotes top talent and adds new hires across U.S. and global offices, accelerating growth and preparing for 2025 expansion.
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Kim Tzoumakas [Photo: Business Wire]
Plano’s Maxor National Pharmacy Services Appoints New CEO, Combines With ProxsysRx
by Lance Murray | Jan 11, 2025
Kim Tzoumakas has been named the new CEO of Plano-based pharmacy services company Maxor National Pharmacy Services, which simultaneously announced a “strategic combination” with pharmacy management firm ProxsysRx.
Tzoumakas succeeds Mike Ellis, who has retired as chief executive officer and moved into the role of board chairman after leading the company since 2016....
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by Lance Murray |
Jan 10, 2025
A pair of longtime leaders at Dallas-based Southwest Airlines Co. announced they plan to retire, effective April 1. The departing managers—Executive Vice President and Chief Financial Officer Tammy Romo and Chief Administration Officer Linda Rutherford—both are much-lauded executives who’ve been with the company co-founded by Herb Kelleher for more than three decades....
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by Dallas Innovates | Staff Report |
Jan 10, 2025
Governor Greg Abbott has named six individuals to the Trinity River Authority Board of Directors, including two North Texans, Megan Deen of Fort Worth and Cathy Altman of Midlothian, according to a news release from the governor’s office....
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by Lance Murray |
Jan 10, 2025
The North Central Texas Council of Governments and the Dallas Independent School District have received grants totaling more than $62 million to help buy 244 zero-emission vehicles via the Environmental Protection Agency’s first-ever Clean Heavy-Duty Vehicles Grant Program....
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