Latest news with #AnnualShareholderMeeting
Yahoo
27-05-2025
- Business
- Yahoo
First Hope Bank Celebrates 113th Annual Shareholder Meeting, Elects Board Members and Announces Promotions
HOPE, N.J., May 27, 2025 /PRNewswire/ -- First Hope Bank proudly held its 113th Annual Shareholder Meeting on Thursday, May 22, 2025, marking another significant milestone in the institution's longstanding tradition of community banking excellence. The event highlighted key accomplishments from 2024 through the first quarter of 2025, the election of directors, and the recognition of outstanding associates through promotions. Daniel G. Beatty and Lewis R. Beatty were re-elected to serve three-year terms on the Bank's Board of Directors, reaffirming their continued leadership and dedication to First Hope Bank's strategic growth and community commitment. During the meeting, Dan Beatty, President and CEO of First Hope Bank, presented an overview of the Bank's substantial achievements throughout the past year and into early 2025. Beatty emphasized the Bank's robust performance, sustained community engagement, and ongoing strategic initiatives designed to enhance customer experience and operational efficiency. Fourteen dedicated associates were recognized for their hard work and contributions with promotions approved by the Board of Directors. These promotions highlight the Bank's commitment to recognizing and nurturing internal talent as part of its broader strategy for sustained growth and excellence. In addressing the gathering, Dan Beatty expressed optimism for the future: "I am in fact today even more confident and more proud of what this team has accomplished and what more we will accomplish together!" First Hope Bank remains dedicated to fostering strong community relationships and providing exceptional service to its customers. The annual meeting underscored the Bank's continued commitment to its foundational values of integrity, excellence, and community-focused banking. For more information about First Hope Bank and its services, please visit About First Hope Bank Established over a century ago, First Hope Bank offers comprehensive banking products and services for individuals, families, and businesses. Rooted deeply in community values, First Hope Bank is committed to delivering personalized customer service and financial expertise across Northwest New Jersey. View original content to download multimedia: SOURCE First Hope Bank
Business Mayor
23-05-2025
- Business
- Business Mayor
This is the 'hardest thing' about being your own boss, says CEO whose company brought in $2.5 million in 2024
In 2016, just a year after its launch, MySwimPro earned Apple's App of the Year designation in the watch category. Fares Ksebati, the app's co-founder and CEO, says that while there was no monetary price for that honor, 'it gave us a lot of momentum.' Nearly a decade later, things are going swimmingly for Ksebati and the company: MySwimPro brought in over $2.5 million in revenue in 2024 and counts over 15,000 active paid subscribers as of March 2025. Running the company has been an opportunity for Ksebati to share his passion for swimming with thousands of athletes around the world while taking home a salary of $240,000 plus bonuses and profit sharing in 2025. The Detroit native says being an entrepreneur has taught him a lot about himself and 'what's possible in the world.' If he worked a regular 9 to 5, he thinks he'd feel stifled creatively and would miss out on opportunities to build something that has a tangible impact on people's lives. The freedom of being his own boss has come with one drawback, however: 'The hardest thing in entrepreneurship is focus,' Ksebati says. 'This is something that I've struggled with in the past because I have so many ideas of things that I want to pursue.' Here's his best advice for other budding entrepreneurs. 'You have to stay focused' Despite the urge to build another business, Ksebati acknowledges that the continued success of MySwimPro relies on him remaining dedicated to the company, rather than trying to start a new venture. 'If you want to make progress, you have to stay focused on one thing,' he says. 'I do want to create another company and move on and do other things. But for right now I'm really happy.' His outlook is similar to advice career experts and business icons like Warren Buffett have given about finding success. At the 2025 Berkshire Hathaway Annual Shareholder Meeting, Buffett told the audience that focusing on your passions and interests will bring you more success than pouring effort into pastimes that don't excite you. 'If my ambition had been to become a ventriloquist or whatever it might have been, it wouldn't have worked,' Buffett said. 'I just spent hours and hours and hours on investing.' Ksebati does dedicate time to his side hustles, though. He has written several books and continues creating videos for his personal YouTube channel along with MySwimPro's channel, which give him a creative outlet that isn't as time-intensive as running a whole other business. 'You need to take action' Confidence is also a key factor in building a successful business, Ksebati says. Back in 2014, he was training a triathlete who wanted a personalized swim workout to take with her on a work trip. That gave him the idea for what would become MySwimPro, and he didn't hesitate to go out and build it. These days Ksebati often receives pitches from aspiring entrepreneurs. But he says many of those folks are 'looking for reassurance or confidence' from him, when they should try to be more proactive. 'If you have an idea, you need to take action,' he says. 'The reality is you are in control, and you need to go out and talk to [prospective] customers, validate your idea and actually make something happen. The first step is the hardest step.' Even if you're worried you're not equipped with every last skill you'll need to run a successful business, you're better off getting things moving and acting on your idea than waiting around until things are perfect, Ksebati says. 'I think as you build something, as you create and [become] an entrepreneur, you are building these tools and skills and confidence to bring your vision to reality.' Want a new career that's higher-paying, more flexible or fulfilling? Take CNBC's new online course Make a Powerful Career Change and Land a Job You Love . Expert instructors will teach you strategies to network successfully, revamp your resume and confidently transition into your dream career. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life. READ SOURCE
CNBC
16-05-2025
- Business
- CNBC
This is the 'hardest thing' about being your own boss, says CEO whose company brought in $2.5 million in 2024
In 2016, just a year after its launch, MySwimPro earned Apple's App of the Year designation in the watch category. Fares Ksebati, the app's co-founder and CEO, says that while there was no monetary price for that honor, "it gave us a lot of momentum." Nearly a decade later, things are going swimmingly for Ksebati and the company: MySwimPro brought in over $2.5 million in revenue in 2024 and counts over 15,000 active paid subscribers as of March 2025. Running the company has been an opportunity for Ksebati to share his passion for swimming with thousands of athletes around the world while taking home a salary of $240,000 plus bonuses and profit sharing in 2025. The Detroit native says being an entrepreneur has taught him a lot about himself and "what's possible in the world." If he worked a regular 9 to 5, he thinks he'd feel stifled creatively and would miss out on opportunities to build something that has a tangible impact on people's lives. The freedom of being his own boss has come with one drawback, however: "The hardest thing in entrepreneurship is focus," Ksebati says. "This is something that I've struggled with in the past because I have so many ideas of things that I want to pursue." Here's his best advice for other budding entrepreneurs. Despite the urge to build another business, Ksebati acknowledges that the continued success of MySwimPro relies on him remaining dedicated to the company, rather than trying to start a new venture. "If you want to make progress, you have to stay focused on one thing," he says. "I do want to create another company and move on and do other things. But for right now I'm really happy." His outlook is similar to advice career experts and business icons like Warren Buffett have given about finding success. At the 2025 Berkshire Hathaway Annual Shareholder Meeting, Buffett told the audience that focusing on your passions and interests will bring you more success than pouring effort into pastimes that don't excite you. "If my ambition had been to become a ventriloquist or whatever it might have been, it wouldn't have worked," Buffett said. "I just spent hours and hours and hours on investing." Ksebati does dedicate time to his side hustles, though. He has written several books and continues creating videos for his personal YouTube channel along with MySwimPro's channel, which give him a creative outlet that isn't as time-intensive as running a whole other business. Confidence is also a key factor in building a successful business, Ksebati says. Back in 2014, he was training a triathlete who wanted a personalized swim workout to take with her on a work trip. That gave him the idea for what would become MySwimPro, and he didn't hesitate to go out and build it. These days Ksebati often receives pitches from aspiring entrepreneurs. But he says many of those folks are "looking for reassurance or confidence" from him, when they should try to be more proactive. "If you have an idea, you need to take action," he says. "The reality is you are in control, and you need to go out and talk to [prospective] customers, validate your idea and actually make something happen. The first step is the hardest step." Even if you're worried you're not equipped with every last skill you'll need to run a successful business, you're better off getting things moving and acting on your idea than waiting around until things are perfect, Ksebati says. "I think as you build something, as you create and [become] an entrepreneur, you are building these tools and skills and confidence to bring your vision to reality."
CNBC
02-05-2025
- Business
- CNBC
Portfolio manager Christine Phillpotts on investing opportunities in Chinese companies amid trade uncertainty
Christine Phillpotts of Ariel Investments joins CNBC's Mike Santoli from the 2025 Berkshire Hathaway Annual Shareholder Meeting to discuss emerging market trends amid trade and economic uncertainties.
Associated Press
28-04-2025
- Business
- Associated Press
OptimumBank Holdings, Inc. Reports Best Year in Company History; To Present Shareholder Deck Highlighting 23%+ Core ROAE at April 29, 2025 Annual Meeting
Ft. Lauderdale, Florida--(Newsfile Corp. - April 28, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC) announced today that it will hold its Annual Shareholder Meeting and Investor Day tomorrow, April 29, 2025, at 10:00 AM ET. The public is invited to attend virtually through this link: OptimumBank Shareholder Meeting Webcast Link The Bank will showcase the most successful year in its history, including a Core Return on Average Equity (ROAE) exceeding 23% for fiscal year 2024. The shareholder presentation will also include updated performance data through Q1 2025, highlighting continued operational momentum and strategic growth. To preview the full shareholder presentation deck, visit: OptimumBank 2025 Shareholder Presentation Deck Those interested in participating virtually may register through the link above or email Seth Denison at [email protected] for more information. About OptimumBank Holdings, Inc. OptimumBank was founded in 2000 in Ft. Lauderdale, Florida. The bank focuses on traditional in-person banking with businesses and consumers residing in South Florida. Our customers have found a trusted alternative to the high fees of larger financial institutions, with unmatched expertise in real estate and commercial lending. OptimumBank has seen explosive growth over the past decade, and we look to capitalize on our momentum in the years ahead. The Company is traded on the NYSE American under ticker 'OPHC'. OptimumBank's business and financial solutions include: Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking. Note Regarding Forward-Looking Statements Certain statements in this press release are 'forward-looking statements' within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995. These statements are based on management's current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences and are subject to change, possibly materially. See 'Note Regarding Forward-Looking Statements' and the sections entitled 'Risk Factors' in the Company's filings with the Securities and Exchange Commission which are available on OptimumBank's website (Investor Relations - OptimumBank Investor Relations & Corporate Relations Contact: Seth Denison Telephone: (305) 401-4140 / [email protected] To view the source version of this press release, please visit
