KARL STORZ Unifies Canada, US, and Veterinary Organizations to Form North America Region Led by Sonal Matai
New organizational structure will drive commercial growth, innovation, and overall business performance.
Article content
EL SEGUNDO, Calif. — KARL STORZ, a family-owned medical technology company headquartered in Tuttlingen, Germany, today announced the creation of a North America region that unifies its US, Canada, and Veterinary businesses under the leadership of Sonal Matai.
Article content
Matai joined KARL STORZ in 2022 and was appointed to lead KARL STORZ United States in early 2024. As President of North America, Matai will now oversee key functions such as commercial operations, research and development, and manufacturing under a unified leadership structure for the region.
Article content
The formation of KARL STORZ North America reflects the company's commitment to enhancing operational efficiency, service, and value to its customers across a broader geographic footprint.
Article content
'After 80 years, KARL STORZ's mission remains the same – to improve patient lives,' said Matai, President of KARL STORZ North America. 'The decision to unify our businesses across North America underscores our commitment to our customers and their evolving needs in patient care. This is an exciting opportunity to leverage exceptional talent from both countries, which will only strengthen our ability to bring solutions to market with greater speed and agility.'
Article content
Effective today, KARL STORZ North America encompasses six locations in the US and a Canadian and Veterinary hub in Mississauga, Ontario, a region recognized for its booming medical technology sector. Changes to the organizational structure will cause no anticipated disruption to services, product availability, or customer support.
Article content
About KARL STORZ
Article content
KARL STORZ is an innovative leader in endoscopic technology and surgical imaging solutions across virtually all surgical specialties. Its integrated OR solutions, including advancements in digital surgery, enhance collaboration to improve clinical efficiency and outcomes inside the hospital and across other sites of care. With subsidiaries around the world, KARL STORZ is a family-owned company based in Germany that designs, engineers, manufactures, and markets all its products with an emphasis on visionary design, precision craftsmanship, and clinical effectiveness. For more information, visit www.karlstorz.com.
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Globe and Mail
22 minutes ago
- Globe and Mail
If You Bought 1 Share of Microsoft at Its IPO, Here's How Many Shares You'd Own Now
Next to artificial intelligence (AI), stock splits have been Wall Street's hottest trend. A stock split allows a company to cosmetically alter its share price and outstanding share count without any effect on its market cap or underlying operating performance. Following over a dozen big-time stock splits in 2024, a trio of brand-name businesses have followed suit this year. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More » However, few companies can match the success, or sheer number of splits, software behemoth Microsoft (NASDAQ: MSFT) has brought to the table. Breaking down Microsoft's stock-split history Microsoft made its debut as a public company on March 13, 1986, at an initial public offering (IPO) price of $21 per share. In the 39 years that have followed, it's completed nine stock splits: September 1987: 2-for-1 April 1990: 2-for-1 June 1991: 3-for-2 June 1992: 3-for-2 May 1994: 2-for-1 December 1996: 2-for-1 February 1998: 2-for-1 March 1999: 2-for-1 February 2003: 2-for-1 A single share purchased on March 13, 1986 for $21 would have grown to a cumulative 288 shares, worth $141,710 (not including dividends), as of the closing bell on July 1, 2025. Microsoft may be poised for its 10th forward split Although access to fractional-share purchasing has reduced the urgency for companies to complete forward splits, Microsoft's meaningful share ownership by everyday investors, who hold 34% of its outstanding shares, and nominally high share price of $492.05, may coerce its 10th split sooner than later. Microsoft stock has benefited immensely from its aggressive investments in cloud computing and AI. Cloud infrastructure service platform Azure is No. 2 globally by spending -- a 23% share in the March-ended quarter, per Canalys -- and could see its sales growth reaccelerate as generative AI solutions are integrated into the platform. Don't overlook its legacy operations, either. While the growth heyday for Windows and Office is long gone, Microsoft's high-margin legacy segments generate boatloads of cash flow that it can use for high-growth initiatives, such as AI investments, stock buybacks, or its ever-growing dividend. Should you invest $1,000 in Microsoft right now? Before you buy stock in Microsoft, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Microsoft wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $697,627!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $939,655!* Now, it's worth noting Stock Advisor 's total average return is1,045% — a market-crushing outperformance compared to178%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Sean Williams has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
National Post
23 minutes ago
- National Post
E3 Lithium Announces Results from Annual General and Special Meeting, Election of Board Chairperson, and Appoints New Chief Financial Officer
Article content CALGARY, Alberta — E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), 'E3 Lithium' or the 'Company,' a leader in Canadian lithium, is pleased to announce that all items of business were approved at its Annual General and Special Meeting (the 'Meeting') of shareholders held on July 2, 2025, and that the Board of Directors ('the Directors' or the 'Board') has subsequently elected a Chairperson and appointed a new Chief Financial Officer. Article content Results of the Meeting Article content Article content At the Meeting, Shareholders voted in favour of the following, as described in the Company's Management Information Circular (the 'Circular') dated May 16, 2025: Article content As previously announced, John Pantazopoulos retired from the Board of Directors in order to pursue a career in public office. We wish him well in his future endeavours and would like to thank him once again for his many valuable contributions to E3 Lithium over the years. Article content Subsequent to the Meeting, the Directors elected by unanimous resolution Chris Doornbos as Chairperson of the Board. Mr. Doornbos has successfully led E3 Lithium through resource and technology development since 2017 and has been instrumental in developing critical external relationships with industry, government, and stakeholders. This appointment is in line with E3 Lithium's maturation, discussed more fulsomely below. In line with the high standards of corporate governance, the Directors will appoint a lead director at the next board meeting. Article content The Board also reconfirmed the Company's subcommittee's including Tina Craft as audit committee chair, Alexandra Cattelan as compensation and human resources committee chair, and Kevin Stashin as governance chair. Article content Message from the Incoming Chair of the Board Article content I am honoured to have been elected as the Chairperson for E3 Lithium. Several years ago, the Company put in place a plan to transition from a junior explorer and technology developer to a successful mineral producer. These transitions take time, and the Company aims to ensure we are well positioned for eventual construction and operations of a first-of-its-kind lithium processing facility. As part of this evolution, the Company has focused on building a leadership structure that reflects the critical skill sets and industry experience required to guide the next phase of growth and development. Article content Nearly two years ago, the Board of Directors was expanded to strengthen its governance and strategic capabilities, with the appointments of Alexandra Cattelan, Tina Craft, and the Hon. Sonya Savage. They joined Kevin Stashin, who had been appointed to the Board in 2021. Article content The transition plan is focussed on ensuring the right team is in place at an executive level to align with the growing demands of the business. Included with this is the plan to recruit a President to the Company who will be responsible for managing the internal day-to-day operations and functions of the Company. This includes the continual expansion of the design and construction team to deliver our commitment to build and operate a first-of-its-kind lithium facility in Alberta. This is a critical role for the Company that we will look to bring on board in the coming year. In the interim, I will continue to oversee these important responsibilities. Following the recruitment of a President, my responsibilities as Chairperson and CEO will focus more exclusively on external-facing initiatives that are critical to securing the required regulatory approvals and financing for the Clearwater Project and building the business around the technology and value-additive transactions. Article content As E3 Lithium continues to progress the development of the Clearwater Project, raising the required development and construction capital for a project of this scale is a critical role. To lead this effort, E3 Lithium is excited to welcome Brian Newmarch as its new chief financial officer. Brian is a seasoned industry professional with a successful background in raising and managing large capital projects in Alberta and globally. With over 20 years of experience in finance, energy, and midstream infrastructure, Brian has held senior leadership roles across the North American energy sector. He has served as the Chief Financial Officer at both Tidewater Midstream and Infrastructure and, most recently, Denver-based Humble Midstream LLC, following executive positions at Seven Generations Energy and ARC Resources. Throughout his career, Brian has led strategic debt and equity financings to support major infrastructure developments and operational growth across Western Canada. He also brings experience in go-public transactions, corporate mergers, and large-scale asset acquisitions and divestitures. Earlier in his career, Brian worked in commodity sales and trading at global financial institutions, including Credit Suisse and Citi, where he specialized in structured risk management and financing solutions. Brian holds the Chartered Financial Analyst designation and a Bachelor of Commerce degree from the Haskayne School of Business at the University of Calgary. Article content The Company has granted Newmarch 300,000 incentive stock options (the 'Options'), vesting 25% per year over four years at an exercise price based on the closing price on July 2, 2025, under its omnibus equity incentive plan (the 'Plan'). In addition, Newmarch was issued 40,000 Performance Share Units ('PSUs'), issued in line with the Company's performance goals outlined on March 7, 2025, and 20,000 Restricted Share Units ('RSUs') vesting 50% per year over the next two years. The grant of the Options and issuance of PSUs and RSUs are subject to the approval of the TSX Venture Exchange. Article content The Board and Management would like to thank Raymond Chow for his four years of service at E3 Lithium. Raymond was instrumental to the Company's success during his tenure. His dedication to the Company through our growth stage has been significant, and his contributions have added value across the organization. We wish him all the best in his future endeavours. Article content The Company has also initiated the recruiting process for a Vice President of Facility Design, considering both internal and external candidates. The key responsibilities will include leading the design team through the successful development, deployment, and construction of the first commercial facility and beyond. Article content E3 Lithium is at an exciting stage as the Company matures and moves closer to commercial operations. We are well prepared to execute on our vision of building a lithium industry in Alberta, supporting Canada's initiatives to be a leader in critical minerals, and ensuring the Company's ongoing success. This success is, at its core, the success of the team and the work they will accomplish over the coming years. We are very proud of the work we have completed to date and are confident in building a business poised for the future and ready to execute. I would like to thank our shareholders and stakeholders for their ongoing support of this vision. Article content ON BEHALF OF THE BOARD OF DIRECTORS Chris Doornbos, Chairperson & CEO E3 Lithium Ltd. Article content About E3 Lithium Ltd. Article content E3 Lithium is a development company with a total of 21.2 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated 1 as well as 0.3 Mt LCE Inferred mineral resources 2 in Alberta and 2.5 Mt LCE Inferred mineral resources 3 in Saskatchewan. The Clearwater Pre-Feasibility Study outlined a 1.13 Mt LCE proven and probable mineral reserve with a pre-tax NPV8% of USD 5.2 Billion with a 29.2% IRR and an after-tax NPV8% of USD 3.7 Billion with a 24.6% IRR 1. Article content 1: The Clearwater Project NI 43-101 Pre-Feasibility Study, effective June 20, 2024, is available on the E3 Lithium's website ( and SEDAR+ ( 2: The mineral resource NI 43-101 Technical Report for the Garrington District Lithium Resource Estimate, effective June 25, 2025, identified 5.0 Mt LCE (measured and indicated) and 0.3 Mt LCE (inferred) and will be available on the E3 Lithium's website ( and SEDAR+ ( within 45 days of this news release. 3: The mineral resource NI 43-101 Technical Report for the Estevan Lithium District, effective May 23, 2024, identified 2.5 Mt LCE (inferred) and is available on the E3 Lithium's website ( and SEDAR+ ( Article content Forward-Looking and Cautionary Statements Article content This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'anticipate', 'estimate', 'intend' and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, the effectiveness and feasibility of emerging lithium extraction technologies which have not yet been tested or proven on a commercial scale or on the Company's brine, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Article content Article content Article content Article content Contacts Article content Article content Rob Knowles Article content Article content Investor Relations Article content Article content investor@ Article content Article content 587-324-2775 Article content Article content Kati Dolyniuk Article content Article content Article content Article content
Globe and Mail
32 minutes ago
- Globe and Mail
Did Amazon Just Say "Checkmate" to The Trade Desk?
Amazon (NASDAQ: AMZN) made a name for itself by leading not just one industry, but two. The company, known for its smiley-faced delivery boxes, has long been the dominant force in e-commerce as the world's largest digital retailer. If that weren't enough, Amazon Web Services (AWS) is the undisputed leader of the cloud computing industry it pioneered. In recent years, Amazon has been focused on an area that has become the company's fastest-growing business: advertising. What began as a way for Amazon to capitalize on the digital real estate on its website is now getting an increasing amount of attention and resources. In fact, a couple of recent developments have put Amazon on a collision course with The Trade Desk (NASDAQ: TTD), one of the leading names in programmatic advertising. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Did Amazon just say "checkmate" to The Trade Desk? Let's see what the evidence reveals. Poaching customers? The Trade Desk is the leading independent provider of programmatic advertising services via its demand-side platform (DSP). This self-serve platform helps advertisers and ad agencies purchase digital advertising space and provides a magnitude of data and analytics to track progress and help manage their ad campaigns. What sets The Trade Desk apart in the digital advertising space is its industry-leading technology and the long-term partnerships it has forged with the world's largest ad agencies. Furthermore, each of the "walled gardens" -- including Alphabet 's Google, Meta Platforms, and Amazon -- has a vested interest in directing ads to their own sites, creating a clear conflict of interest. The Trade Desk's independence has helped attract new business and fuel its impressive growth streak, as the stock has surged 2,350% since the company's IPO in late 2016. However, evidence suggests Amazon is doing its level best to poach The Trade Desk's customers. A recent report by Adweek suggested that marketers have been moving millions of dollars in ad spending from The Trade Desk to Amazon. Advertisers have been attracted by cut-rate pricing, the growing reach of Prime Video, and access to the company's exclusive live sports programming, according to the report. On its own, this normally wouldn't raise an eyebrow, but Amazon recently made another move that suggests the company is coming for The Trade Desk. An eye-opening partnership Last month, Amazon announced a strategic partnership with Roku (NASDAQ: ROKU) that will provide advertisers with access to "the largest authenticated connected TV (CTV) footprint in the U.S. exclusively through Amazon DSP," according to the press release. It goes on to note that the pair reaches an estimated 80 million CTV households, representing more than 80% of all CTV households in the country. The partnership includes many of the most popular streaming channels, including ad-supported offerings by most of the major players. Early results are impressive. Advertisers using this new integration reached 40% more unique viewers with the same budget. Perhaps more importantly, it reduced the number of times a person saw the same ad by almost 30%, solving a common problem in CTV advertising. Roku's reach in the U.S. is undeniable. The streaming pioneer closed out 2024 with roughly 90 million streaming households and more than 34 billion streaming hours -- which works out to more than four hours of viewing per household per day. Does this spell trouble for The Trade Desk? It's important to view these developments in the context of the overall trajectory of the industry. Total ad spending has doubled since 2016 and is expected to climb roughly 9% and surpass $1 trillion in 2025, according to eMarketer. Digital advertising is the fastest-growing segment of the industry, accounting for roughly $764 billion in ad spending this year. The growing market size represents a greater opportunity for all the major adtech players. Wall Street seems to have mixed feelings about these developments. Analysts at MoffettNathanson believe this shows that Amazon is "chipping away" at The Trade Desk's moat. On the other hand, analysts at Citi cite channel checks in concluding that The Trade Desk is "the clear market share leader" and best-performing DSP. Despite the growing competition, analysts at Evercore ISI posit that Google might actually have more to lose, since more of its business overlaps with that of Amazon. So, did Amazon just say "checkmate" to The Trade Desk? I would respond with a resounding "no." During the period in which Amazon was reportedly siphoning away "millions" from The Trade Desk, Amazon grew its advertising sales 18% year over year, while The Trade Desk's revenue grew 25%. This helps to illustrate that this isn't a zero-sum game, and there will no doubt be more than one winner. Furthermore, The Trade Desk recently released its cutting-edge Kokai platform, which integrates artificial intelligence (AI) throughout the ad buying process, providing greater transparency and better outcomes for users. Given The Trade Desk's industry-leading market share, state-of-the-art technology, and enduring relationships with ad agencies, I would argue that The Trade Desk remains ahead of the game. And, at 34 times next year's earnings, the stock is trading at a significant discount to its three-year average, representing a compelling opportunity at today's price. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $397,573!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $39,453!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $697,627!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of June 30, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Citigroup is an advertising partner of Motley Fool Money. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Danny Vena has positions in Alphabet, Amazon, Meta Platforms, Roku, and The Trade Desk. The Motley Fool has positions in and recommends Alphabet, Amazon, Meta Platforms, Roku, and The Trade Desk. The Motley Fool has a disclosure policy.
