Latest news with #SBR
The Advertiser
2 days ago
- Business
- The Advertiser
Business Newcastle president asks what's next if traders reject controversial rate
CITY of Newcastle will go to business owners that pay a Special Business Rate (SBR) with two questions: whether they think the scheme provides value for money, and if it should continue. Business Newcastle president Edward Duc has a question of his own: What's next if the answer is no? This week, councillors voted to survey business owners in SBR precincts about the future of the controversial scheme after several submissions to a recent independent probe into the council raised concerns about the transparency of how the funds are levied, allocated and spent. Mr Duc said feedback he has received is that a large proportion of those who pay the SBR do not see the value in the scheme. "We've got businesses, and I'm not saying this is the only reason, who are moving from Newcastle to Charlestown because of the high commercial rates," he said. "The more money that traders have to give to the council, the more it just inhibits what they can do. "It is Business Newcastle's view that the council should suspend the SBR and generate the funding themselves out of the generous commercial rates they're charging, that's our stand at the moment." City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The Newcastle Herald asked City of Newcastle when it intends to conduct the survey and whether it intends to remove the SBR if businesses answer no to its two questions. If not, the Herald asked what the purpose of the survey is and what the council feels the value of the SBR is to businesses. Questions were also asked about the impact of the Port of Newcastle on commercial rates and the council's response to claims that SBR funds used on events should be funded by ratepayers and the council rather than business owners. In response, a City of Newcastle spokesman said following Tuesday's council meeting, the council is considering the "most appropriate" mechanism for implementing the SBR survey. "The elected council and community will be informed at the appropriate time," he said. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. Business Improvement Associations (BIA) in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend are independent organisations responsible for disbursing up to $100,000 of SBR funds each year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. The council decides how the remainder of SBR funds are spent. Mr Duc said many business owners do not feel the SBR is being spent in a way that directly benefits them. "We've got to make sure that all of the people who actually pay the levy get to have a say," he said. "If the council doesn't take notice of the business community, then we will be having a big say, and we have a bit of muscle because we're part of Business NSW and Business Hunter. "Be assured, if the answer from businesses is no and the council decides not to act on it through the BIAs, then we will be lobbying to have it [the SBR] removed." The Davidson review recommended that the council require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. CITY of Newcastle will go to business owners that pay a Special Business Rate (SBR) with two questions: whether they think the scheme provides value for money, and if it should continue. Business Newcastle president Edward Duc has a question of his own: What's next if the answer is no? This week, councillors voted to survey business owners in SBR precincts about the future of the controversial scheme after several submissions to a recent independent probe into the council raised concerns about the transparency of how the funds are levied, allocated and spent. Mr Duc said feedback he has received is that a large proportion of those who pay the SBR do not see the value in the scheme. "We've got businesses, and I'm not saying this is the only reason, who are moving from Newcastle to Charlestown because of the high commercial rates," he said. "The more money that traders have to give to the council, the more it just inhibits what they can do. "It is Business Newcastle's view that the council should suspend the SBR and generate the funding themselves out of the generous commercial rates they're charging, that's our stand at the moment." City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The Newcastle Herald asked City of Newcastle when it intends to conduct the survey and whether it intends to remove the SBR if businesses answer no to its two questions. If not, the Herald asked what the purpose of the survey is and what the council feels the value of the SBR is to businesses. Questions were also asked about the impact of the Port of Newcastle on commercial rates and the council's response to claims that SBR funds used on events should be funded by ratepayers and the council rather than business owners. In response, a City of Newcastle spokesman said following Tuesday's council meeting, the council is considering the "most appropriate" mechanism for implementing the SBR survey. "The elected council and community will be informed at the appropriate time," he said. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. Business Improvement Associations (BIA) in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend are independent organisations responsible for disbursing up to $100,000 of SBR funds each year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. The council decides how the remainder of SBR funds are spent. Mr Duc said many business owners do not feel the SBR is being spent in a way that directly benefits them. "We've got to make sure that all of the people who actually pay the levy get to have a say," he said. "If the council doesn't take notice of the business community, then we will be having a big say, and we have a bit of muscle because we're part of Business NSW and Business Hunter. "Be assured, if the answer from businesses is no and the council decides not to act on it through the BIAs, then we will be lobbying to have it [the SBR] removed." The Davidson review recommended that the council require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. CITY of Newcastle will go to business owners that pay a Special Business Rate (SBR) with two questions: whether they think the scheme provides value for money, and if it should continue. Business Newcastle president Edward Duc has a question of his own: What's next if the answer is no? This week, councillors voted to survey business owners in SBR precincts about the future of the controversial scheme after several submissions to a recent independent probe into the council raised concerns about the transparency of how the funds are levied, allocated and spent. Mr Duc said feedback he has received is that a large proportion of those who pay the SBR do not see the value in the scheme. "We've got businesses, and I'm not saying this is the only reason, who are moving from Newcastle to Charlestown because of the high commercial rates," he said. "The more money that traders have to give to the council, the more it just inhibits what they can do. "It is Business Newcastle's view that the council should suspend the SBR and generate the funding themselves out of the generous commercial rates they're charging, that's our stand at the moment." City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The Newcastle Herald asked City of Newcastle when it intends to conduct the survey and whether it intends to remove the SBR if businesses answer no to its two questions. If not, the Herald asked what the purpose of the survey is and what the council feels the value of the SBR is to businesses. Questions were also asked about the impact of the Port of Newcastle on commercial rates and the council's response to claims that SBR funds used on events should be funded by ratepayers and the council rather than business owners. In response, a City of Newcastle spokesman said following Tuesday's council meeting, the council is considering the "most appropriate" mechanism for implementing the SBR survey. "The elected council and community will be informed at the appropriate time," he said. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. Business Improvement Associations (BIA) in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend are independent organisations responsible for disbursing up to $100,000 of SBR funds each year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. The council decides how the remainder of SBR funds are spent. Mr Duc said many business owners do not feel the SBR is being spent in a way that directly benefits them. "We've got to make sure that all of the people who actually pay the levy get to have a say," he said. "If the council doesn't take notice of the business community, then we will be having a big say, and we have a bit of muscle because we're part of Business NSW and Business Hunter. "Be assured, if the answer from businesses is no and the council decides not to act on it through the BIAs, then we will be lobbying to have it [the SBR] removed." The Davidson review recommended that the council require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. CITY of Newcastle will go to business owners that pay a Special Business Rate (SBR) with two questions: whether they think the scheme provides value for money, and if it should continue. Business Newcastle president Edward Duc has a question of his own: What's next if the answer is no? This week, councillors voted to survey business owners in SBR precincts about the future of the controversial scheme after several submissions to a recent independent probe into the council raised concerns about the transparency of how the funds are levied, allocated and spent. Mr Duc said feedback he has received is that a large proportion of those who pay the SBR do not see the value in the scheme. "We've got businesses, and I'm not saying this is the only reason, who are moving from Newcastle to Charlestown because of the high commercial rates," he said. "The more money that traders have to give to the council, the more it just inhibits what they can do. "It is Business Newcastle's view that the council should suspend the SBR and generate the funding themselves out of the generous commercial rates they're charging, that's our stand at the moment." City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The Newcastle Herald asked City of Newcastle when it intends to conduct the survey and whether it intends to remove the SBR if businesses answer no to its two questions. If not, the Herald asked what the purpose of the survey is and what the council feels the value of the SBR is to businesses. Questions were also asked about the impact of the Port of Newcastle on commercial rates and the council's response to claims that SBR funds used on events should be funded by ratepayers and the council rather than business owners. In response, a City of Newcastle spokesman said following Tuesday's council meeting, the council is considering the "most appropriate" mechanism for implementing the SBR survey. "The elected council and community will be informed at the appropriate time," he said. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. Business Improvement Associations (BIA) in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend are independent organisations responsible for disbursing up to $100,000 of SBR funds each year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. The council decides how the remainder of SBR funds are spent. Mr Duc said many business owners do not feel the SBR is being spent in a way that directly benefits them. "We've got to make sure that all of the people who actually pay the levy get to have a say," he said. "If the council doesn't take notice of the business community, then we will be having a big say, and we have a bit of muscle because we're part of Business NSW and Business Hunter. "Be assured, if the answer from businesses is no and the council decides not to act on it through the BIAs, then we will be lobbying to have it [the SBR] removed." The Davidson review recommended that the council require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration.
Yahoo
2 days ago
- General
- Yahoo
Felon caught with AR-15, meth during Ramona traffic stop
RAMONA, Calif. (FOX 5/KUSI) — A man was arrested on multiple charges Thursday night after deputies found an unserialized AR-15-style rifle, ammunition, high-capacity magazines, and methamphetamine during a traffic stop in Ramona, authorities said. According to the San Diego County Sheriff's Department, the incident occurred around 9:30 p.m. on May 29, near the intersection of Main and 16th streets. Deputies from the Ramona Sheriff's Substation stopped a pickup truck and identified the driver as Ryan Jones, 39, who had an active felony arrest warrant. Motorcyclist, 20, injured in collision with SUV Jones was taken into custody at the scene. During a search of his vehicle, deputies discovered a methamphetamine pipe, nearly six grams of meth, multiple rounds of ammunition, two high-capacity magazines, and an unserialized AR-15-style rifle with a short barrel — commonly referred to as an SBR. Authorities say the firearm and ammunition were found inside the truck and were easily accessible from the driver's seat. Jones allegedly told deputies he had purchased the weapon in Arizona and brought it into California. He is now facing several charges, including possession of an illegal firearm, possession of a controlled substance, possession of high-capacity magazines, felon in possession of a firearm, and importing a short-barreled rifle. No injuries were reported during the arrest. The investigation is ongoing. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Advertiser
4 days ago
- Business
- The Advertiser
Business owners to give their two cents on controversial rate scheme
BUSINESS owners who fork out to pay City of Newcastle business rates will have the chance to offer their two cents on a controversial scheme. Several submissions to a recent independent probe into the council raised concerns about the transparency of how Special Business Rate (SBR) funds are levied, allocated and spent. Some argued Business Improvement Associations (BIA) may not be the most appropriate bodies to oversee funds intended for local benefit. The BIAs are independent organisations responsible for the disbursement of up to $100,000 a year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. Business owners have long questioned the value they receive and the costs of administering the scheme. Liberal councillors Callum Pull and Jenny Barrie at this week's council meeting moved a motion that will give business owners in SBR precincts in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend a chance to have their say on the future of the scheme. Cr Pull said the independent review reinforced the need for better engagement with businesses about the SBR. "Council will now oversee annual consultation with business owners in the SBR precincts, with much broader consultation occurring with the whole community each council term," he said. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. The Davidson Business Advisory review of the council recommended that it require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. As part of the council's decision this week, business owners will be asked annually whether they feel the scheme provides value for money and whether they think it should continue. A broad survey will poll community members, grant recipients, property owners, rate-paying residents and tenants on the value of retaining the SBR. Cr Pull said the survey should give the council a clear picture of the position of business owners on the scheme. "These won't be the only questions the council asks in their consultation, but they will be a crucial part of deciding the future of the scheme," he said. Reports were made to the Davidson review of SBR money being redirected to unrelated council promotions that do not directly benefit businesses. The funds, according to Newcastle council, are reserved exclusively for the promotion, beautification and development of those business precincts. BUSINESS owners who fork out to pay City of Newcastle business rates will have the chance to offer their two cents on a controversial scheme. Several submissions to a recent independent probe into the council raised concerns about the transparency of how Special Business Rate (SBR) funds are levied, allocated and spent. Some argued Business Improvement Associations (BIA) may not be the most appropriate bodies to oversee funds intended for local benefit. The BIAs are independent organisations responsible for the disbursement of up to $100,000 a year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. Business owners have long questioned the value they receive and the costs of administering the scheme. Liberal councillors Callum Pull and Jenny Barrie at this week's council meeting moved a motion that will give business owners in SBR precincts in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend a chance to have their say on the future of the scheme. Cr Pull said the independent review reinforced the need for better engagement with businesses about the SBR. "Council will now oversee annual consultation with business owners in the SBR precincts, with much broader consultation occurring with the whole community each council term," he said. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. The Davidson Business Advisory review of the council recommended that it require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. As part of the council's decision this week, business owners will be asked annually whether they feel the scheme provides value for money and whether they think it should continue. A broad survey will poll community members, grant recipients, property owners, rate-paying residents and tenants on the value of retaining the SBR. Cr Pull said the survey should give the council a clear picture of the position of business owners on the scheme. "These won't be the only questions the council asks in their consultation, but they will be a crucial part of deciding the future of the scheme," he said. Reports were made to the Davidson review of SBR money being redirected to unrelated council promotions that do not directly benefit businesses. The funds, according to Newcastle council, are reserved exclusively for the promotion, beautification and development of those business precincts. BUSINESS owners who fork out to pay City of Newcastle business rates will have the chance to offer their two cents on a controversial scheme. Several submissions to a recent independent probe into the council raised concerns about the transparency of how Special Business Rate (SBR) funds are levied, allocated and spent. Some argued Business Improvement Associations (BIA) may not be the most appropriate bodies to oversee funds intended for local benefit. The BIAs are independent organisations responsible for the disbursement of up to $100,000 a year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. Business owners have long questioned the value they receive and the costs of administering the scheme. Liberal councillors Callum Pull and Jenny Barrie at this week's council meeting moved a motion that will give business owners in SBR precincts in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend a chance to have their say on the future of the scheme. Cr Pull said the independent review reinforced the need for better engagement with businesses about the SBR. "Council will now oversee annual consultation with business owners in the SBR precincts, with much broader consultation occurring with the whole community each council term," he said. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. The Davidson Business Advisory review of the council recommended that it require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. As part of the council's decision this week, business owners will be asked annually whether they feel the scheme provides value for money and whether they think it should continue. A broad survey will poll community members, grant recipients, property owners, rate-paying residents and tenants on the value of retaining the SBR. Cr Pull said the survey should give the council a clear picture of the position of business owners on the scheme. "These won't be the only questions the council asks in their consultation, but they will be a crucial part of deciding the future of the scheme," he said. Reports were made to the Davidson review of SBR money being redirected to unrelated council promotions that do not directly benefit businesses. The funds, according to Newcastle council, are reserved exclusively for the promotion, beautification and development of those business precincts. BUSINESS owners who fork out to pay City of Newcastle business rates will have the chance to offer their two cents on a controversial scheme. Several submissions to a recent independent probe into the council raised concerns about the transparency of how Special Business Rate (SBR) funds are levied, allocated and spent. Some argued Business Improvement Associations (BIA) may not be the most appropriate bodies to oversee funds intended for local benefit. The BIAs are independent organisations responsible for the disbursement of up to $100,000 a year. That money can be used for strategic directions to promote local business, marketing and promotions, prioritising and managing beautification projects and coordinating community events aimed at encouraging business demand. Business owners have long questioned the value they receive and the costs of administering the scheme. Liberal councillors Callum Pull and Jenny Barrie at this week's council meeting moved a motion that will give business owners in SBR precincts in the city centre and Darby Street, Hamilton, Mayfield, New Lambton and Wallsend a chance to have their say on the future of the scheme. Cr Pull said the independent review reinforced the need for better engagement with businesses about the SBR. "Council will now oversee annual consultation with business owners in the SBR precincts, with much broader consultation occurring with the whole community each council term," he said. The SBR is an additional charge levied on businesses in the precincts on top of their standard commercial rates. The scheme has long been a point of contention, with some business owners questioning its necessity and others calling for it to be axed entirely. City of Newcastle made $65.9 million in business rates in 2023/24 from 15,489 active businesses, the second-highest sum of any NSW council. In 2024/25, the council said the cost to administer the scheme, including BIA governance and support, is $152,700. That figure is 10 per cent of total funds levied. The Davidson Business Advisory review of the council recommended that it require BIAs to undertake research with membership and the community annually, or at agreed regular intervals, to assess satisfaction, impact and present the findings to the council for consideration. As part of the council's decision this week, business owners will be asked annually whether they feel the scheme provides value for money and whether they think it should continue. A broad survey will poll community members, grant recipients, property owners, rate-paying residents and tenants on the value of retaining the SBR. Cr Pull said the survey should give the council a clear picture of the position of business owners on the scheme. "These won't be the only questions the council asks in their consultation, but they will be a crucial part of deciding the future of the scheme," he said. Reports were made to the Davidson review of SBR money being redirected to unrelated council promotions that do not directly benefit businesses. The funds, according to Newcastle council, are reserved exclusively for the promotion, beautification and development of those business precincts.
Yahoo
19-05-2025
- Automotive
- Yahoo
SUBARU ANNOUNCES EXECUTIVE LEADERSHIP TEAM APPOINTMENTS
Yoichi Hori appointed as chairman and chief executive officer Brian Moscatelli promoted to field and distributor operations vice president CAMDEN, N.J., May 19, 2025 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced two recent appointments to its executive leadership team – Yoichi Hori as chairman and chief executive officer (CEO), and Brian Moscatelli as vice president of field and distributor operations within the sales department. As part of the automaker's strategic organizational and management changes, previous chairman and CEO Tadashi "Tady" Yoshida was promoted to senior managing executive officer with Subaru Corporation (SBR) of Japan and will maintain strong ties with the American market, leading the newly established Global Sales and Marketing Strategy Office. As chairman and CEO, Hori will oversee all business operations in the United States. He was most recently the general manager of the CTO Strategy Office for SBR, focused on future electrification strategy. Since starting his career with the company in 1996, Hori has held numerous roles in the U.S. and Japan, including roles in product planning and corporate planning. Moscatelli will lead the automaker's national field operations, training, added security, certified pre-owned, and fleet teams. He will take over for Aaron Wisel, who has been promoted to the newly created position of executive vice president and chief strategy officer with Subaru Canada (SCI). Since joining Subaru in 1999, Moscatelli has leveraged his extensive management experience across sales, marketing, retailer development, field operations, and zone director roles, serving in positions covering every region of the country. Jeff Walters, President and COO, Subaru of America, Inc.: "We are fortunate to have such talented and experienced leaders within Subaru who devote themselves to growing the brand. As we continue to strategically navigate the path ahead, we are glad to put our trust in individuals like Hori-san and Brian who take our mission to be More Than a Car Company® to heart." Both Hori and Moscatelli officially started in their new roles on April 1, 2025. About Subaru of America, of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Diane Anton Corporate Communications Manager(856) 488-5093 danton@ Adam Leiter Corporate Communications Specialist (856) 488-8668 aleiter@ View original content to download multimedia: SOURCE Subaru of America, Inc.
Yahoo
19-05-2025
- Automotive
- Yahoo
SUBARU ANNOUNCES EXECUTIVE LEADERSHIP TEAM APPOINTMENTS
Yoichi Hori appointed as chairman and chief executive officer Brian Moscatelli promoted to field and distributor operations vice president CAMDEN, N.J., May 19, 2025 /PRNewswire/ -- Subaru of America, Inc. (SOA) today announced two recent appointments to its executive leadership team – Yoichi Hori as chairman and chief executive officer (CEO), and Brian Moscatelli as vice president of field and distributor operations within the sales department. As part of the automaker's strategic organizational and management changes, previous chairman and CEO Tadashi "Tady" Yoshida was promoted to senior managing executive officer with Subaru Corporation (SBR) of Japan and will maintain strong ties with the American market, leading the newly established Global Sales and Marketing Strategy Office. As chairman and CEO, Hori will oversee all business operations in the United States. He was most recently the general manager of the CTO Strategy Office for SBR, focused on future electrification strategy. Since starting his career with the company in 1996, Hori has held numerous roles in the U.S. and Japan, including roles in product planning and corporate planning. Moscatelli will lead the automaker's national field operations, training, added security, certified pre-owned, and fleet teams. He will take over for Aaron Wisel, who has been promoted to the newly created position of executive vice president and chief strategy officer with Subaru Canada (SCI). Since joining Subaru in 1999, Moscatelli has leveraged his extensive management experience across sales, marketing, retailer development, field operations, and zone director roles, serving in positions covering every region of the country. Jeff Walters, President and COO, Subaru of America, Inc.: "We are fortunate to have such talented and experienced leaders within Subaru who devote themselves to growing the brand. As we continue to strategically navigate the path ahead, we are glad to put our trust in individuals like Hori-san and Brian who take our mission to be More Than a Car Company® to heart." Both Hori and Moscatelli officially started in their new roles on April 1, 2025. About Subaru of America, of America, Inc. (SOA) is an indirect wholly owned subsidiary of Subaru Corporation of Japan. Headquartered in Camden, N.J., the company markets and distributes Subaru vehicles, parts, and accessories through a network of about 640 retailers across the United States. All Subaru products are manufactured in zero-landfill plants, including Subaru of Indiana Automotive, Inc., the only U.S. automobile manufacturing plant designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $320 million to causes the Subaru family cares about, and its employees have logged over 100,000 volunteer hours. Subaru is dedicated to being More Than a Car Company® and to making the world a better place. For additional information, visit Follow us on Facebook, Instagram, LinkedIn, TikTok, and YouTube. Diane Anton Corporate Communications Manager(856) 488-5093 danton@ Adam Leiter Corporate Communications Specialist (856) 488-8668 aleiter@ View original content to download multimedia: SOURCE Subaru of America, 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
