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Yahoo
04-06-2025
- Business
- Yahoo
Old National Again Named Among the 50 Most Community-Minded U.S. Companies by Points of Light
The Civic 50 EVANSVILLE, Ind., June 04, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: ONB) – For the second consecutive year, Old National Bancorp ('Old National') has been named by Points of Light as one of 'The Civic 50' honorees for 2025. This annual designation is reserved for the 50 most community-minded companies in the nation. A global nonprofit that inspires, equips and mobilizes people to take action that changes the world, Points of Light has recognized the 50 most community-minded companies in the nation every year since 2012. The Civic 50 award is based on employee volunteering, community investment, corporate citizenship and social impact programs. 'Our team members love rolling up their sleeves and making a difference in their communities, as evidenced by the more than 67,000 collective volunteer hours they logged in 2024,' said Jim Ryan, Old National Chairman and CEO. 'Old National is honored to again be recognized by Points of Light as an organization that truly puts our values into action.' Combined, The Civic 50 companies for 2025 have engaged more than 460,000 employees to volunteer more than 6.5 million hours in their communities. That's double the average for U.S. companies not in The Civic 50. 'In an ever-evolving landscape, companies are looking to ensure that they can meet the needs of their communities, customers, and stakeholders,' said Jennifer Sirangelo, President and CEO, Points of Light. 'Companies like Old National are leading the way in showing how social impact benefits their employee's well-being, strengthens the communities where they do business, and brings value and meaning to their work. Their efforts provide a model for others looking to bring the benefits of volunteering and social impact to their workforce, and they're extremely deserving of this recognition.' The Civic 50 honorees are companies with annual U.S. revenues of at least $1 billion. They are selected based on four dimensions of their corporate citizenship and social impact programs: Investment of resources and volunteerism Integration across business functions Institutionalization through policies and systems Impact measurement You can click here for the full list of The Civic 50 honorees. Additionally, for more information and to view Old National's latest Community Action Report, click here. ABOUT OLD NATIONALOld National Bancorp (NASDAQ: ONB) is the holding company of Old National Bank. As the fifth largest commercial bank headquartered in the Midwest, Old National proudly serves clients primarily in the Midwest and Southeast. With approximately $70 billion of assets and $37 billion of assets under management (including Bremer Financial Corporation on a pro forma basis as of March 31, 2025), Old National ranks among the top 25 banking companies headquartered in the United States. Tracing our roots to 1834, Old National focuses on building long-term, highly valued partnerships with clients while also strengthening and supporting the communities we serve. In addition to providing extensive services in consumer and commercial banking, Old National offers comprehensive wealth management and capital markets services. For more information and financial data, please visit Investor Relations at In 2025, Points of Light again named Old National as one of "The Civic 50" -- an honor reserved for the 50 most community-minded companies in the United States. ABOUT POINTS OF LIGHTPoints of Light is a nonpartisan, global nonprofit organization that inspires, equips, and mobilizes millions of people to create positive change through volunteering and civic engagement. Through work with nonprofits, companies and social impact leaders, the organization galvanizes volunteers to meet critical needs in communities. As the world's largest organization dedicated to increasing volunteer service, Points of Light engages more than 3.8 million volunteers across 32 countries. For more information, visit Investor Relations:Lynell Durchholz(812) Media Relations:Rick Vach(904) An image accompanying this announcement is available at in to access your portfolio
Yahoo
16-05-2025
- Business
- Yahoo
Old National Bank teams up with Indiana Fever
HENDERSON, Ky. (WEHT)- Evansville-based Old National Bank is now the official bank partner of the Indiana Fever. Vanderburgh commissioners anticipate 2026 budget limitations According to a release by the WNBA team, the bank will become the title sponsor of the Fever's radio network, which will broadcast all games. Fans will also see Old National Bank featured during games and across the Fever's digital channels. The organizations will also work together on a spotlight program supporting Indiana small businesses. 'There's an incredible energy around our Indiana WNBA team right now, and Old National is proud to partner as the official bank of the Indiana Fever… As Indiana's Bank, we are proud to support Indiana's Team,' says Old National Bank Chairman and CEO Jim Ryan. The partnership officially begins on May 17 when the Fever will host the Chicago Sky at Gainbridge Fieldhouse. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
01-05-2025
- Business
- Yahoo
Old National completes closing on Bremer Bank partnership
HENDERSON, Ky. (WEHT) – Officials with Old National Bancorp announced the closing of its merger with Minnesota-based Bremer Financial Corporation on May 1. The combined organization will operate under the Old National Bancorp and Old National Bank names. At the closing of the merger, Old National Bancorp has approximately $70 billion of assets and $37 billion of assets under management, making it among the top 25 banking companies headquartered in the United States. 'This partnership represents an outstanding fit between two highly compatible, relationship- and community-focused banks,' said Old National Chairman and CEO Jim Ryan. 'We are extremely pleased to have reached this important milestone, and we are excited about continuing our collaborative work to ensure that we are 'Better Together' and poised to exceed the expectations of our clients, team members and communities and shareholders.' Bremer Bank will operate as a division of Old National Bank prior to the facilities and systems conversion, which is anticipated to occur in mid-October 2025. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
03-03-2025
- Business
- Yahoo
Flexera Completes Acquisition of NetApp's Spot FinOps Portfolio
With this acquisition, Flexera now has the most comprehensive FinOps offering in market ITASCA, Ill. and SAN JOSE, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, today announced it has completed the acquisition of Spot from NetApp (NASDAQ: NTAP), the intelligent data infrastructure company. The acquisition is Flexera's latest step towards offering a comprehensive set of solutions to help organizations confront growing cloud cost and usage hurdles, especially as the consumption of artificial intelligence (AI) surges and strains cloud budgets. With this acquisition, Flexera expands its leading Cloud Financial Management offering into a suite of AI-powered FinOps technologies and enhances the value of these offerings by expanding its partner ecosystem. This newly bolstered FinOps portfolio from Flexera allows organizations and managed service providers (MSPs) to manage cloud financial commitments, automate billing and invoicing, reduce workload costs and optimize containers. Flexera FinOps aligns with the expanding scope of FinOps to include data centers, SaaS and public cloud, while also supporting enhanced use cases such as software licensing and sustainability. 'The need for FinOps and cloud cost optimization has never been greater, as critical AI initiatives create more urgency for boards and C-suites to effectively contain swelling cloud and IT spend,' said Jim Ryan, President and CEO of Flexera. 'We believe that by bringing Spot and its core products into the Flexera FinOps portfolio, we are now the most comprehensive provider in the space. This also complements our leading positions in IT Asset Management and SaaS Management.' The Spot business adds new capabilities to Flexera's FinOps solution with Kubernetes cost management and accelerates innovation in container management, spot cloud instances and commitment management. Spot's main product lines include: Spot Eco helps organizations unlock the full value of their cloud services with a series of cloud commitment management features, ensuring organizations capture critical savings from reserved instances, savings plans or committed usage discounts across Amazon Web Services, Microsoft Azure and Google Cloud Platform. Spot Ocean is a Kubernetes infrastructure management product that provides continuous optimization of containers for cost, performance and availability. Spot Elastigroup allows organizations to scale their workloads and maximize the value of their cloud investments with spot instances and virtual machines. CloudCheckr is a powerful cloud cost management tool allowing enterprise, MSPs and distributors to manage and reduce cloud costs, optimize resources and gain operational efficiencies, manage billing and invoicing, improve governance, and strengthen security and compliance. These solutions are accompanied by a robust portfolio of policy-based best practice checks for cost, security, governance and compliance. 'The completion of this transaction further hones our focus of our Public Cloud business. Our highly differentiated first party and marketplace cloud storage services are complemented by intelligent data and operational services such as Data Infrastructure Insights and Instaclustr. These services, in concert with our Hybrid Cloud products, enable customers to build a seamless intelligent data infrastructure across hybrid multi-cloud,' said Haiyan Song, Executive Vice President, Intelligent Operations Services, at NetApp. 'We believe that Flexera is the right environment for Spot portfolio of solutions, employees and customers to thrive.' Flexera's integration of Spot also creates new opportunities for partners – particularly MSPs and distributors – to develop or enhance their own FinOps services. With Flexera, partners have a chance to tap into a broader portfolio of technologies and specialists, while building value-added services that cover the expanded definition of FinOps to include ITAM and software licensing, SaaS management, AI spend management and more. 'Flexera customers can expect to gain in capabilities and a richer portfolio, such as a whole slew of advanced purchase commitment automation and container cost management and optimization capabilities,' wrote Tracy Woo at Forrester in a recent blog post.1 'The Spot acquisition is a boon for Flexera both in market presence with CloudCheckr's dominant channel presence and with the added capabilities of Spot's Eco (purchase commitments), Elastigroup (spot automation), and Ocean (container management), which all fill major gaps.' Flexera recently achieved a new FinOps certification milestone, and now has the largest group of FinOps-certified practitioners in the world. The company also made a significant investment in its partner program, with an emphasis on expanding its support for MSPs. These events continue to reinforce Flexera's proven leadership in FinOps, ITAM and SaaS Management. For more information about Flexera One FinOps, visit ¹Source: 'NetApp Focuses On Storable And Exits FinOps' Follow Flexera on LinkedIn on X (formerly Twitter) on Instagram About FlexeraFlexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization's entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at About NetAppNetApp is the intelligent data infrastructure company, combining unified data storage, integrated data, operational and workload services to turn a world of disruption into opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability and AI to enable the industry's best data management. As the only enterprise-grade storage service natively embedded in the world's biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our operational and workload services provide continuous optimization of performance and efficiency for infrastructure and workloads through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at or follow us on X, LinkedIn, Facebook, and Instagram. NETAPP, the NETAPP logo, and the marks listed at are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners. For more information, contact:Flexera Media Contact:Ciri HaughFlexera NetApp Media Contact:Kenya Investor Contact:Kris in to access your portfolio
