Latest news with #PaulHennessy
Yahoo
19-06-2025
- Business
- Yahoo
Liquidity Services Appoints Paul J. Hennessy to its Board of Directors
BETHESDA, Md., June 19, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ: LQDT; a leading global commerce company powering the circular economy, today announced that Paul J. Hennessy has been appointed to the company's board of directors (the 'Board') effective October 1, 2025. Mr. Hennessy will also serve on the Corporate Governance and Nominating Committee and the Audit Committee of the Board. "We are thrilled to welcome Paul to our Board of Directors," said Bill Angrick, Chairman and CEO of Liquidity Services. "Paul's deep knowledge and extensive experience building technology enabled marketplaces in both business and consumer channels on a global scale will be instrumental as we continue to expand our market presence, enhance our service offerings, and pursue emerging opportunities to drive long-term growth." Mr. Hennessy is an experienced CEO with over 30 years of leadership experience focused on growing and optimizing innovative, market leading technology and marketplace businesses. He has served as the Chief Executive Officer of Shutterstock, Inc. (NYSE: SSTK) since July 2022 and as a member of Shutterstock's board of directors since April 2015. From June 2016 to May 2022, Mr. Hennessy served as Chief Executive Officer and member of the board of directors of Vroom, Inc., a provider of AI-powered analytics, financing and digital services for automotive dealers and consumers of pre-owned vehicles. Prior to joining Vroom, from April 2015 through June 2016, Mr. Hennessy served as Chief Executive Officer of a pioneer in online travel and travel related reservation and search services. From November 2011 to March 2015, Mr. Hennessy served as Chief Marketing Officer of an online booking accommodations provider. From July 2006 to October 2011, Mr. Hennessy was Chief Distribution Officer of Mr. Hennessy holds a B.S. in marketing management from Dominican College and an M.B.A. from Long Island University. "I am honored to join the Board of Liquidity Services," said Hennessy. "I look forward to working with the leadership team to advance the company's strategic priorities and contribute to its ongoing success and innovation as the market leader powering the circular economy." About Liquidity Services Liquidity Services (NASDAQ: LQDT) operates the world's largest B2B e-commerce marketplace platform for surplus assets with over $10 billion in completed transactions to more than five million qualified buyers and 15,000 corporate and government sellers worldwide. The company supports its clients' sustainability efforts by helping them extend the life of assets, prevent unnecessary waste and carbon emissions, and reduce the number of products headed to landfills. Contact:Investor Relationsinvestorrelations@ while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Shutterstock Receives Stockholder Approval for Proposed Merger with Getty Images
NEW YORK, June 10, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) ("Shutterstock"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Shutterstock's stockholders approved the adoption of the merger agreement between Shutterstock and Getty Images Holdings, Inc. (NYSE: GETY) ("Getty Images"), with approximately 82% of the issued and outstanding shares of Shutterstock common stock voting in favor, at today's special meeting of Shutterstock stockholders. Stockholder approval marks an important milestone in the process of combining Shutterstock and Getty Images to create a premier visual content company. The combined company will be well-positioned to meet the ever-changing needs of customers through combined investment in content creation, event coverage, and product and technology innovation. "We are very pleased that our stockholders recognize the compelling rationale of this transaction and look forward to the successful completion of our merger with Getty Images," said Paul Hennessy, Shutterstock's Chief Executive Officer. "Our complementary strengths will allow us to better serve customers while also delivering exceptional value to our partners, contributors and stockholders in a fast evolving and competitive environment." Both parties continue to expect the transaction to close in the second half of 2025, subject to required regulatory approvals and other customary conditions. The final voting results will be reported on a Form 8-K filed with the Securities and Exchange Commission. ABOUT SHUTTERSTOCKShutterstock, Inc. (NYSE: SSTK) is a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies. Fueled by millions of creators around the world, a growing data engine and a dedication to product innovation, Shutterstock is the leading global platform for licensing from the most extensive and diverse collection of high-quality 3D models, videos, music, photographs, vectors and illustrations. From the world's largest content marketplace, to breaking news and A-list entertainment editorial access, to all-in-one content editing platform and studio production services—all using the latest in innovative technology—Shutterstock offers the most comprehensive selection of resources to bring storytelling to life. Learn more at and follow us on LinkedIn, Instagram, X, Facebook and YouTube. FORWARD-LOOKING STATEMENTSThe statements in this press release, and any related oral statements, include forward-looking statements concerning Getty Images, Shutterstock, the proposed transaction described herein and other matters. All statements, other than historical facts, are forward-looking statements. Forward-looking statements may discuss goals, intentions and expectations as to future plans, trends, events, results of operations or financial condition, financings or otherwise, based on current beliefs and involve numerous risks and uncertainties that could cause actual results to differ materially from expectations. Forward-looking statements speak only as of the date they are made or as of the dates indicated in the statements and should not be relied upon as predictions of future events, as there can be no assurance that the events or circumstances reflected in these statements will be achieved or will occur or the timing thereof. Forward-looking statements can often, but not always, be identified by the use of forward-looking terminology including "believes," "expects," "may," "will," "should," "could," "might," "seeks," "intends," "plans," "pro forma," "estimates," "anticipates," "designed," or the negative of these words and phrases, other variations of these words and phrases or comparable terminology, but not all forward-looking statements include such identifying words. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary. The forward-looking statements in this press release relate to, among other things, obtaining applicable regulatory approvals for the proposed transaction on a timely basis or otherwise, satisfying other closing conditions to the proposed transaction, on a timely basis or otherwise, the expected tax treatment of the proposed transaction, the expected timing of the proposed transaction, and the integration of the businesses and the expected benefits, cost savings, accretion, synergies and growth to result therefrom. Important factors that could cause actual results to differ materially from the forward-looking statements include, among other things: failure to obtain applicable regulatory approvals in a timely manner or otherwise; interloper risk; failure to satisfy other closing conditions to the transaction or to complete the transaction on anticipated terms and timing (or at all); negative effects of the announcement of the transaction on the ability of Shutterstock or Getty Images to retain and hire key personnel and maintain relationships with customers, suppliers and others who Shutterstock or Getty Images does business, or on Shutterstock or Getty Images' operating results and business generally; risks that the businesses will not be integrated successfully or that the combined company will not realize expected benefits, cost savings, accretion, synergies and/or growth, as expected (or at all), or that such benefits may take longer to realize or may be more costly to achieve than expected; the risk that disruptions from the transaction will harm business plans and operations; risks relating to unanticipated costs of integration; significant transaction and/or integration costs, or difficulties in connection with the transaction and/or unknown or inestimable liabilities; restrictions during the pendency of the transaction that may impact the ability to pursue certain business opportunities or strategic transactions; potential litigation associated with the transaction; the potential impact of the announcement or consummation of the transaction on Getty Images', Shutterstock's or the combined company's relationships with suppliers, customers, employers and regulators; demand for the combined company's products; potential changes in the Getty Images stock price that could negatively impact the value of the consideration offered to the Shutterstock stockholders; the occurrence of any event that could give rise to the termination of the proposed transaction; and Getty Images' ability to complete any refinancing of its debt or new debt financing on a timely basis, on favorable terms or at all. A more fulsome discussion of the risks related to the proposed transaction is included in the information statement and proxy statement/prospectus filed with the SEC by Shutterstock and Getty Images in connection with the proposed transaction. For a discussion of factors that could cause actual results to differ materially from those contemplated by forward-looking statements, see the section captioned "Risk Factors" in each of Getty Images' and Shutterstock's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, subsequent Quarterly Reports on Form 10-Q and other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward looking statements. While the list of factors presented here is, and the list of factors presented in the information statement and proxy statement/prospectus filed with the SEC by Shutterstock and Getty Images in connection with the proposed transaction is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward looking statements. Neither Getty Images nor Shutterstock assumes, and each hereby disclaims, any obligation to update forward-looking statements, except as may be required by law. View original content to download multimedia: SOURCE Shutterstock, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
09-05-2025
- Yahoo
E-scooter rider arrested after crash with taxi
An e-scooter rider has been arrested on suspicion of drink driving following a collision with a taxi. A 19-year-old rider was involved in the crash in Ilkeston Road, Radford, Nottingham, at around 03:00 BST on Thursday. Nottinghamshire Police said the scooter was hired through the council transport scheme and was therefore allowed on the road, but e-scooter riders "must adhere to the same rules as any other driver". Ch Insp Paul Hennessy, of Nottinghamshire Police, said: "In the same way as driving a motor vehicle under the influence of alcohol is illegal, riding an e-scooter whilst over the limit is also a criminal offence and will be punished accordingly." "So rather than thinking of their rented e-scooter as a novelty to be taken lightly, I encourage users to think of them instead in the same way they would think of a car or a motorcycle," he added. "Because if we catch them drinking and driving, they will be treated in exactly the same way as other road users – with all the legal, personal and professional consequences that go with that. "Thankfully no one was injured as a result of this incident, which I hope will serve as a warning to others." Follow BBC Nottingham on Facebook, on X, or on Instagram. Send your story ideas to eastmidsnews@ or via WhatsApp on 0808 100 2210. City's e-scooter hire scheme to return Big Issue wardens to tidy up dumped e-scooters New trial to allow legal e-scooter use within city Nottinghamshire Police
Irish Independent
30-04-2025
- Irish Independent
Wicklow community invited to domestic abuse awareness group's Saturday fundraiser
Wicklow Safe Haven was formed in January to raise awareness over the high levels of domestic abuse and violence taking place in Co Wicklow and throughout Ireland. They have teamed up with Anu, which is a registered charity who provides support to victims and survivors of domestic violence and abuse all over Co, Wicklow, which is the outreach arm of Bray Women's Refuge, providing support to 407 people who experienced domestic violence in 2023. Chairman of Wicklow Safe Haven Paul Hennessy said: 'Since January we have launched an awareness campaign called 'Take the Plunge', encouraging people to take a cold plunge and share on their social media platforms. We have reached over 60,000 people online as part of this campaign to date. 'Together with Anu , we engaged with Schools in the area to deliver an educational series called 'Healthy Relationships'. We also engaged with local clubs and organisations to spread the word about our campaign and raise funds for this cause. We set ourselves an ambitious target of €25,000 in donations for Anu, and to date we have raised €8,000.' This Saturday, May 3, will see this phase of their campaign coming to an end as they host a fundraising day in aid of Anu, starting at 11am in Fitzwilliam Square, Wicklow town. Paul added: 'We will have some local musicians performing and lending their support as well. We will be sleeping rough in the town overnight, ending the following morning by 'Taking the Plunge' with a sea dip at dawn in Wicklow Harbour. Anyone that would like to join and show their support are more than welcome.' You can also visit where there is a link whereby donations can be made to try and help Wicklow Safe Haven reach their €25,000 fundraising target.
Reuters
24-04-2025
- Health
- Reuters
Insight: As FDA delays Novavax' COVID vaccine approval, patients fight back
CHICAGO, April 24 (Reuters) - Thousands of Americans campaigning for the Novavax (NVAX.O), opens new tab COVID-19 booster got some good news this week: the FDA signaled it might still win approval after Health Secretary Robert F. Kennedy Jr cast doubt on its efficacy. The Novavax vaccine is the only COVID-19 booster in the United States that does not use messenger RNA technology - which some states have begun to ban - and the only option for many people who cannot or will not take an mRNA vaccine. While more traditional vaccines, including the Novavax shot, inject a portion of the virus into the body, mRNA vaccines carry instructions for human cells to make the viral protein that triggers an immune response. Novavax has been available since 2022 through a pandemic-era Emergency Use Authorization. A decision on full approval – which rival mRNA shots from Moderna (MRNA.O), opens new tab and Pfizer (PFE.N), opens new tab and its partner BioNTech�t;BNTX.O�ࢀt; already have - was due from the Food and Drug Administration by April 1, but had been delayed by the FDA without explanation. On Wednesday, the company got word that the FDA would consider approving the vaccine, provided Novavax agrees to produce additional clinical data on the vaccine's efficacy following its approval. Based on its communication, the company said it now believes its application is "approvable." Asked the reason for delay and the request for more data, an HHS spokesperson said the agency remains committed to "ensuring products are safe for the American people and grounded in gold-standard science." Without FDA approval, patients and vaccine experts say a group of people, including many patients with long COVID, will be left without a means of protecting themselves. "It's reassuring to see an update, but we're not celebrating just yet," said Paul Hennessy, 35, an entertainment project manager from Los Angeles and volunteer with Organizing for a Better Tomorrow, a long COVID advocacy group. Hennessy helped organize more than 3,200 people to submit written comments to the Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices on April 16. The group has also been calling and emailing officials at the FDA. Kennedy, a longtime vaccine critic and environmental lawyer who in 2021 petitioned the FDA to revoke the emergency use authorization, opens new tab for all COVID vaccines, attributed the delay to the shot's design in an April 10 CBS interview. He said the Novavax shot targets only one antigen or part of the virus to produce an immune response and "single-antigen vaccines have never worked for respiratory illnesses." The comments baffled vaccine experts, who noted many examples of effective single-antigen vaccines against respiratory illnesses. All of the first-generation COVID-19 vaccines were single-antigen vaccines, "so they clearly worked," said one vaccine researcher who requested anonymity for fear of retribution against his university. Kennedy has repeatedly said he would not take away anyone's vaccine, including during his Senate confirmation hearing and most recently in his CBS interview. But patients are wary. "It feels like the complete opposite of that - that he intends to take this option away from many people who need it," said Kaiti Murphy of Brooklyn, New York. Murphy, 32, has long COVID and mast cell activation syndrome, a condition in which the immune system becomes hyperactive, which her doctor believes was triggered by her COVID infection in 2020. "He has advised me not to take any mRNA vaccines," she said. She, like many people with long COVID, relies on COVID boosters to avoid reinfections with the virus, which can cause their symptoms to flare. "Pulling it off the market would really be a threat to my health," said Salvatore Mattera, a finance manager for a technology company who has long COVID, a collection of debilitating symptoms that persist among some people long after a COVID-19 infection. Mattera, 36, of Foster City, California, has had adverse reactions after taking an mRNA vaccine, including numbness in his face severe enough to send him to the hospital ER. After he switched to Novavax - which he has had three times - he has had no negative side effects beyond a sore arm. As with much about long COVID, evidence on the impact of COVID boosters is scant. In a small, soon-to-be published study by Yale immunobiologist Dr. Akiko Iwasaki and colleagues, the team found that while most people with long COVID fared well with an mRNA booster, 3 out of 16 volunteers had worsening symptoms, including one patient who was hospitalized. The Novavax vaccine was not available during the study period, but Iwasaki said because it has lower reactogenicity, opens new tab, or short-term side effects such as arm pain or fatigue, "I suspect that patients with long COVID may have an easier time with it." In written comments to CDC's advisory panel last week, many people gave fewer side effects as their reason for urging approval. Dr. Amesh Adalja, an infectious disease expert at the Johns Hopkins Center for Health Security, said that while he thinks the Novavax booster may eventually win approval, "it appears that they are trying to increase the regulatory burden," something he said is to be expected from a department headed by an anti-vaccine advocate such as RFK Jr. Meanwhile, as the current batch of Novavax boosters expires on April 30, many on the social media platform Reddit are swapping information on where to find the scarce last doses ahead of what has become a routine summer wave of COVID. "It's a step in the right direction," Hennessy said of the FDA action, "but we still need access."
