Latest news with #technologyInnovation
Associated Press
2 days ago
- Business
- Associated Press
A. Michael Smith Joins Peapack Private Bank & Trust as SVP, Chief Audit Executive
BEDMINSTER, NJ - June 5, 2025 ( NEWMEDIAWIRE ) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust are pleased to announce the appointment of A. Michael Smith as Senior Vice President, Chief Audit Executive. In this role, he will lead the Bank's internal audit function and develop strategic initiatives to support its continued growth. A. Michael has over 30 years of experience in auditing, risk management, and technology, with a proven track record of driving innovation and excellence in financial services. Most recently, Smith served as Chief Audit Executive at Nasdaq, where he built a world-class internal audit function and leveraged advanced technologies to manage high-volume transactions across global markets. Prior to that, he was a Partner at PwC, where he led internal audit transformation initiatives through emerging technologies and innovation. His extensive career also includes senior leadership roles at several large financial institutions, and he was also a partner at Deloitte & Touche. Throughout his career, Smith has demonstrated a commitment to elevating internal audit functions to best-in-class standards. A. Michael is the author of Internal Audit of the Future: The Impact of Technology Innovation, a book that explores how technology is reshaping the audit landscape. He also holds a U.S. patent for a novel approach to auditing crypto assets. He is a graduate of Baylor University with a Bachelor of Business Administration, a Certified Public Accountant (CPA), a Certified Information Systems Auditor (CISA), and a Certified Information Systems Security Professional (CISSP). About the Company Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit for more information. Contact: Denise Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921, [email protected], (908) 470-3322 View the original release on
Zawya
23-05-2025
- Business
- Zawya
Seagate highlights strategy to build long-term value in today's data-driven world at 2025 Investor and Analyst Event
Sets new financial targets through FY2028, underpinned by the adoption of Seagate's first-to-market HAMR technology and continued focused execution Unveils differentiated product roadmap, with clear path from Mozaic 3+TB/disk to 10+TB/disk Increases share repurchase authorization to $5 billion Dubai, United Arab Emirates – Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, today hosted its 2025 Investor and Analyst Event and outlined the Company's clear strategy to capture growth opportunities ahead, drive profitability and build long-term value for customers and shareholders. 'Technology innovation and AI are fueling exponential data growth and driving demand for the hard drive storage industry. Seagate today is uniquely positioned to capture this opportunity with our Mozaic portfolio powered by market-leading HAMR technology. Our differentiated portfolio addresses critical data center challenges, including cost, scale and sustainability, enabling us to deliver storage solutions for customers from cloud to edge,' said Dave Mosley, Seagate's chief executive officer. 'Since our last Investor and Analyst Event in 2021, we have made structural improvements to extend demand visibility, maintain supply discipline, optimize product mix, and streamline cost structure. We are a stronger company today thanks to the dedicated efforts of our global team. This is an incredibly exciting time at Seagate, and we are confident we have the right technology and strategy to lead the next era of storage in today's data-driven world, while delivering enhanced value to shareholders,' concluded Mosley. During the event, the Company outlined new financial targets for the period through FY2028, which are supported by the adoption of HAMR technology. Additionally, Seagate announced today that its Board of Directors has increased Seagate's share repurchase authorization to $5 billion, underscoring its commitment to capital returns and confidence in the future. The authorization does not have a time limit and any share repurchases will be dependent on Seagate's financial position, results of operations, available cash, cash flow, capital requirements, distributable reserves, and other factors deemed relevant by the Company. Event Materials and Replay The full presentation and replay from today's 2025 Investor and Analyst Event can be accessed on Seagate's Investor Relations website at About Seagate Technology Seagate Technology is a leading innovator of mass-capacity data storage. We create breakthrough technology so you can confidently store your data and easily unlock its value. Founded over 45 years ago, Seagate has shipped over four billion terabytes of data capacity and offers a full portfolio of storage devices, systems, and services from edge to cloud. ©2025 Seagate Technology LLC. All rights reserved. Seagate, Seagate Technology, Mozaic 3+, Exos, and the Spiral logo are trademarks or registered trademarks of Seagate Technology LLC in the United States and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. When referring to drive capacity, one gigabyte, or GB, equals one billion bytes, one terabyte, or TB, equals one trillion bytes, and one exabyte, or EB, equals one quintillion bytes.
