Latest news with #ElizabethCutler
Daily Mail
26-05-2025
- Business
- Daily Mail
EXCLUSIVE How 'naive' SoulCycle co-founder missed out on $90 million payday from sale of fitness chain
A new podcast exposing the secrets behind SoulCycle has revealed how the fitness chain's 'naive' co-founder Ruth Zukerman missed out on a $90 million payday from the sale of the company. The seven-part audio series, titled the Cult of Body & Soul, tracks the incredible rise and fall of the indoor cycling class that sparked a fitness craze in the the 2010s. In the first episode, SoulCycle's 2006 founding by celebrity talent agent Julie Rice and wealthy entrepreneur Elizabeth Cutler, along with their spin instructor at the time, Zukerman, is explored for the first time ever. Zukerman introduced Cutler and Rice over lunch, and together the three women decided to start the brand that would eventually become SoulCycle. However, Zukerman mysteriously left the company in 2009 to found her own rival cycling chain, FlyWheel, while Cutler and Rice went on to sell a stake of the business to Equinox for $90million each. While the trio have never publicly discussed the details around their split, Janet Fitzgerald, who is currently the Master Instructor and Senior Training Officer for SoulCycle, claimed that Zukerman never had a contract in place. 'She did not have her contract written,' Fitzgerald said on The Cult of Body & Soul. 'It's very sad and also very shocking. Maybe she thought it was so small at the time that it wasn't necessary,' she continued. 'May this be a lesson for all of us. Get that s**t in writing and don't assume that other people are gonna do right by you.' The Cult of Body & Soul host Jess Rothschild said, 'While Julie and Elizabeth were experienced businesswomen, Ruth was naive and did not have any proper legal protection in place.' Additionally, an insider close to the situation told 'After the first year of SoulCycle being open, Ruth went into a meeting all excited to finally sign her contract... she walked into the room without legal representation and walked out no longer an owner.' In a rare 2018 interview about her split from SoulCycle, a cryptic Zukerman told the Jewish Journal, 'Whenever you're going into a business partnership with anybody, make sure you're legally protected.' She added, 'I did not do that and it cost me a lot.' Rice and Cutler have also kept quiet about the split, telling the New York Times in 2020, 'Ruth worked with us for a time. We decided to part ways. We wish her the best.' has contacted Rice, Cutler and Zukerman for comment. At its peak, SoulCycle was adored by the wealthy and elite and boasted a celebrity clientele that included Lady Gaga, Lena Dunham, Nicole Kidman, Chelsea Clinton, Oprah Winfrey, Vanessa Hudgens, Alec and Hilaria Baldwin, and more. Throughout The Cult of Body & Soul, listeners will hear from notable long-term instructors, anonymous studio managers, front desk staff, corporate employees, and devoted clients who made SoulCycle the fastest-growing fitness studio in the country. As one instructor described it, 'SoulCycle was the Soho House of fitness. It's where exclusivity met self-help guru. There was nothing like it.' Another said, 'A lot of the instructors partied hard - I mean, partied hard.' 'So the young ones would stay out all night doing God knows what - a lot of drugs - and then coming in, popping an Adderall and then, like, getting on the bike spinning a million miles an hour.' Others discuss the celebrity status that some of SoulCycle's more famous instructors were able to achieve. 'I am so adored by this community, I can say whatever the f**k I want, I can do whatever the f**k I want,' boasted one. 'We were all hot and wild, and some of us homewreckers,' she added. The first episode of the Cult of Body & Soul drops on Tuesday, May 27.
Yahoo
02-04-2025
- Business
- Yahoo
Discover® Recognized as 2025 CIO 100 Award Winner for Risk Reduction Model Using Generative AI
RIVERWOODS, Ill., April 02, 2025--(BUSINESS WIRE)--Discover was selected as a 2025 CIO 100 award winner for its generative artificial intelligence (GenAI) solution that helps customer care agents classify when, where and how to contact customers based on their preferences, while also reducing the company's risk posture. For almost 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in IT. Discover technologists created and deployed a GenAI model on an internally built platform that combines advanced cloud-scale data warehousing with innovative analytics capabilities. This GenAI solution has been used to analyze vast amounts of data and classify customer contact preferences to ensure greater adherence to customer requirements and compliance with financial regulations. Key results include: a significant decrease in the time-to-market from 7 hours to 4 minutes, meaning teams can now deploy their analytics work on this platform faster. an 80% increase in dataset coverage when understanding customer contact preference. reduced customer sentiment analysis time by over 75% for correctly understanding how the customer felt at the end of the interaction based on the call transcript. the ability to capture more than 1,200 additional customer contact preference requests every month, all while doing so in a cost efficient and sustainable manner. "Everything we do at Discover is with the customer in mind, and we want to ensure every customer interaction is positive, seamless, and most importantly, secure," said Jason Strle, chief information officer at Discover. "This solution continues on our vision of being the leading digital bank and payments partner because we can quickly convert data into actionable insights that support our customers in a matter of minutes, as opposed to hours or even days." "The CIO 100 Awards recognize IT leaders who drive innovation, transformation, and business success through technology. With an exceptionally high caliber of submissions each year, winning a CIO 100 Award is a true honor, highlighting the bold vision, strategic excellence, and groundbreaking impact of the most influential CIOs shaping the future of digital enterprise," stated Elizabeth Cutler, content director, CIO 100 Symposium & Awards. Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards. To learn more about the people, processes, and technology at Discover, visit and for more information on open roles, visit About Discover Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover® card, America's cash rewards pioneer, and offers personal loans, home loans, checking and savings accounts and certificates of deposit through its banking business. It operates the Discover Global Network® comprised of Discover Network, with millions of merchants and cash access locations; PULSE®, one of the nation's leading ATM/debit networks; and Diners Club International®, a global payments network with acceptance around the world. For more information, visit About CIO CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. CIO is published by Foundry, company information is available at View source version on Contacts Karen MedinaDiscoverkarenmedina@
Yahoo
25-03-2025
- Business
- Yahoo
FMC Corporation named 2025 CIO 100 award winner for Arc™ farm intelligence
PHILADELPHIA, March 25, 2025 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, was named a 2025 CIO 100 Award Winner by Foundry's CIO. For almost 30 years, the CIO Awards have recognized innovative organizations that exemplify the highest level of strategic and operational excellence in IT. This award recognizes FMC's Arc™ farm intelligence platform as an innovative way to deliver business and customer value in agriculture. Arc™ farm intelligence is an integrated global crop protection platform developed to enable growers to proactively manage pests in their fields. The platform uses the power of real-time data and predictive modeling to help ensure the right crop protection products are applied precisely where and when they are needed. Insect management is the cornerstone of the Arc™ farm intelligence platform. The platform combines pest quantification, historical and forecasted weather data and crop health indicators, providing growers with reliable insights about their current and future pest pressure with up to 90% accuracy. "This recognition honors our precision ag team's exceptional ability to address grower challenges with cutting-edge digital solutions that enhance operational efficiency," said Andi Le, chief digital officer. "The platform's innovative pest identification capabilities and predictive modeling showcase the unique intersection of digital expertise and agronomic knowledge. We are incredibly proud of how the team leveraged digital innovation and deep agricultural understanding to deliver meaningful value for our customers." Arc™ farm intelligence delivers business value for growers by creating on-farm efficiency through enhanced scouting. This helps promote the sustainable use of FMC's crop protection products, helps lower growers' input costs and improves pest management outcomes. "The CIO 100 Awards recognize IT leaders who drive innovation, transformation, and business success through technology. With an exceptionally high caliber of submissions each year, winning a CIO100 Award is a true honor, highlighting the bold vision, strategic excellence, and groundbreaking impact of the most influential CIOs shaping the future of digital enterprise," stated Elizabeth Cutler, Content Director, CIO 100 Symposium & Awards. A highlight of the event each year is when a new CIO class is inducted into the prestigious Hall of Fame. These executives have advanced the field through their work, their community involvement, and their focus on mentoring the next generation of IT leaders. I am honored to celebrate these accomplishments and showcase what IT innovation and exceptional leadership look like." Since its launch in 2020, Arc™ farm intelligence has expanded from two countries to over 30. It now boasts nearly 65 pest predictive models and monitors over 55 insect types, providing growers with a vital tool to help them make informed decisions around pest management. FMC is exploring new features and integrations to continue to support growers across the globe, including insect mating disruption and growing degree day features. To learn more about Arc™ farm intelligence, visit Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards, which takes place August 11-13, 2025. Additional information on the event can be found at About FMC FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit to learn more and follow us on LinkedIn®. About CIO CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. CIO is published by Foundry, company information is available at CIO on X: @CIOonline @CIOEvents #CIO100 #CIOHOFFollow CIO on LinkedInFollow CIO on Facebook About the US CIO 100 AwardsThe annual US CIO 100 Awards celebrate 100 organizations and the teams within them that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. The award is an acknowledged mark of enterprise excellence. Coverage of the 2025 US CIO 100 award-winning projects will be available online at in the weeks and months leading up to the event. Arc is a trademark of FMC Corporation and/or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions. View original content to download multimedia: SOURCE FMC Corporation Sign in to access your portfolio
Yahoo
24-03-2025
- Business
- Yahoo
Lightning Step Announced as 2025 CIO 100 Award Winner
Foundry's CIO 100 Award recognizes enterprise excellence and innovation in IT. HOUSTON, March 24, 2025--(BUSINESS WIRE)--Foundry's CIO has named Lightning Step as a 2025 CIO 100 Award Winner. For almost 30 years, the CIO 100 Awards have recognized innovative organizations that exemplify the highest level of strategic and operational excellence in IT. "The CIO 100 Awards recognize IT leaders who drive innovation, transformation, and business success through technology. With an exceptionally high caliber of submissions each year, winning a CIO 100 Award is a true honor, highlighting the bold vision, strategic excellence, and groundbreaking impact of the most influential CIOs shaping the future of digital enterprise," stated Elizabeth Cutler, Content Director, CIO 100 Symposium & Awards. A highlight of the event each year is when a new CIO class is inducted into the prestigious Hall of Fame. These executives have advanced the field through their work, their community involvement, and their focus on mentoring the next generation of IT leaders. I am honored to celebrate these accomplishments and showcase what IT innovation and exceptional leadership look like." "Lightning Step is honored to be recognized for our groundbreaking innovation in healthcare technology, the AI-powered Lightning Intelligent Assistant (LIA)," said Lightning Step CEO Brent Michael. "By streamlining documentation, LIA ultimately gives clinicians more time to focus on patient well-being, and we're incredibly proud of its meaningful impact in the behavioral health space." Lightning Step is a comprehensive CRM, EMR, and RCM platform built to empower behavioral health professionals to manage the patient care lifecycle and better help people on their healing journeys. Executives from the winning companies will be recognized at the CIO 100 Symposium & Awards. About the US CIO 100 Awards: The annual US CIO 100 Awards celebrate 100 organizations and the teams within them that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. The award is an acknowledged mark of enterprise excellence. Coverage of the 2025 US CIO 100 award-winning projects will be available online at in the weeks and months leading up to the event. About the US CIO Hall of Fame Awards: The US CIO Hall of Fame was created in 1997 to spotlight 12 outstanding IT leaders who had significantly contributed to and profoundly influenced the IT Discipline, the use of technology in business and the advancement of the CIO role. Ten years later, in 2007, CIO inducted its second class of honorees into the CIO Hall of Fame during CIO magazine's 20th anniversary celebration. The CIO Hall of Fame induction ceremony continues to showcase this elite group of CIOs – now numbering over 200. About CIO: CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. CIO is published by Foundry, company information is available at About Lightning Step: Lightning Step, founded by former treatment center owners, operators, and clinicians, provides a comprehensive CRM, EMR, and RCM platform purpose-built for behavioral health and addiction treatment facilities. Guided by our vision—"Elevating care, together"—we empower behavioral health professionals to help people on their healing journeys. As a fully integrated solution for managing the complete lifecycle of patient care, Lightning Step streamlines interdepartmental workflows, enhances operational efficiency, and improves clinical outcomes. Learn more at View source version on Contacts Press Contact:Flavia Stasinoflavia@
Miami Herald
24-03-2025
- Business
- Miami Herald
US Med-Equip Named 2025 CIO 100 Award Winner for Second Consecutive Year
Rental company delivering medical equipment on demand honored for industry-leading technology supporting record number of hospitals HOUSTON, TEXAS / ACCESS Newswire / March 24, 2025 / US Med-Equip (USME), a leading provider of medical equipment solutions for hospitals, has again been named a CIO 100 Award winner by Foundry's CIO. The CIO 100 Awards celebrate the top 100 organizations and their chief information officers for achievements in deploying IT in innovative ways that deliver measurable results. USME was recognized for leveraging advanced analytics, automation and enterprise-wide systems to help hospitals across the country track, manage and access critical medical equipment - improving patient care while reducing costs. "The CIO 100 Awards recognize IT leaders who drive innovation, transformation, and business success through technology. With an exceptionally high caliber of submissions each year, winning a CIO 100 Award is a true honor, highlighting the bold vision, strategic excellence, and groundbreaking impact of the most influential CIOs shaping the future of digital enterprise," stated Elizabeth Cutler, Content Director, CIO 100 Symposium & Awards. USME leads the nation in medical equipment distribution and technology with an average delivery time of three hours, 24/7/365. Hospitals using USME's AI-powered technology - developed under the leadership of Chief Information Officer Antonio Marin - receive equipment even faster. Clinicians caring for critical patients can place urgent orders for medical equipment, such as life-saving ventilators or bariatric beds, directly through the electronic medical record portal they already use to manage patient care. "This recognition is a testament to our entire team's dedication to building and scaling innovative systems that support healthcare heroes," Marin said. "We're proud to help hospitals save time, reduce costs and focus on what matters most - their patients." The 2025 CIO 100 Award winners will be celebrated at the CIO 100 Symposium & Awards event Aug. 11-13. About US Med-Equip USME partners with top hospitals to provide the highest quality medical equipment, including monitoring devices, ventilators, infusion pumps, patient beds and more. From on-demand delivery of medical equipment rentals to asset management and onsite biomedical support services, USME is the highest-rated medical equipment partner for hospitals across the country. About CIO CIO focuses on attracting the highest concentration of enterprise CIOs and business technology executives with unparalleled peer insight and expertise on business strategy, innovation, and leadership. As organizations grow with digital transformation, CIO provides its readers with key insights on career development, including certifications, hiring practices and skills development. The award-winning CIO portfolio provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. CIO is published by Foundry, company information is available at About the US CIO 100 Awards The annual US CIO 100 Awards celebrate 100 organizations and the teams within them that use IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing business processes, enabling growth, or improving relationships with customers. The award is an acknowledged mark of enterprise excellence.
