HANOVER, Pa.--(BUSINESS WIRE)--Dec 20, 2024-- An affiliate of Balmoral Funds LLC (“Balmoral”) has successfully acquired R.H. Sheppard Co., Inc. (“Sheppard” or the “Company”), a leading provider of steering technologies for Class 5-8 trucks in North America, from Bendix Commercial Vehicle Systems LLC, a North American subsidiary of Knorr-Bremse (ISIN: DE000KBX1006, ticker symbol: KBX). The transaction encompasses the entire Sheppard business, including Sheppard’s branded products, production equipment, sales and service companies, and interests in joint ventures relating to sales and production. This acquisition positions R.H. Sheppard as an independent platform, primed to build on its legacy of reliability, innovation, and customer trust. With a deep history of serving major OEMs and delivering critical steering solutions, Sheppard remains at the forefront of heavy-duty truck steering technology. Kevin Stevick, an experienced industry leader with a proven leadership track record across companies such as Niagara LaSalle Corporation and Advanced Alloy Processing, has been appointed CEO of R.H. Sheppard. “We are thrilled to lead Sheppard into its next chapter as an independent company,” said Kevin Stevick. “Sheppard has built a legacy of trust by delivering reliable, high-quality solutions that our customers depend on. As we move forward, our first priority is to uphold and strengthen that reliability, ensuring we continue to meet and exceed customer expectations. At the same time, we’re committed to investing in the business—empowering our employees, enhancing operations, and driving innovation to unlock Sheppard’s full potential. Together, we will build on Sheppard’s strong foundation and position the company for long-term success.” Richard Levernier, board member of Sheppard and Principal at Balmoral Funds, added: “We are excited to partner with and support R.H. Sheppard as the leading U.S.-based provider of steering technologies for commercial vehicles. As a standalone company, Sheppard now has the freedom and focus to chart its own path—investing in its employees, strengthening operations, and delivering the reliable, high-quality solutions customers deserve. We look forward to providing management with the resources needed to secure the bright future we envision for the Company, its employees, customers and all stakeholders.” Balmoral’s investment underscores a commitment to strengthening Sheppard’s operational capabilities and driving improved performance. By prioritizing its employees, operational efficiency, and deeper customer partnerships, Sheppard is poised to elevate its role as a leader in steering solutions for the heavy-duty trucking industry. This renewed focus will not only build upon Sheppard’s trusted reputation but also position the company to capitalize on emerging opportunities for long-term, sustainable growth. About R.H. Sheppard R.H. Sheppard Co., Inc. is a leading North American provider of steering technologies for Class 5-8 trucks, delivering safety-critical steering solutions to support performance and reliability across the heavy-duty trucking industry. Headquartered in Hanover, PA, Sheppard operates a vertically integrated manufacturing base with facilities in Wytheville, VA, and Shelby Township, MI. About Balmoral Funds LLC Balmoral is a Los Angeles, CA based private equity fund that was founded in 2005. Balmoral’s objective is to be the financial partner of choice for entrepreneurial and successful C-suite executives and operating advisors creating transformative outcomes in the businesses they co-invest in together. Balmoral has approximately $1.3 billion of assets under management. Balmoral typically invests in companies that have revenues between $30 to $500 million and require equity investments of $10 to $120 million, with the capability of doing more in particularly compelling opportunities. View source version on businesswire.com : https://www.businesswire.com/news/home/20241220851230/en/ CONTACT: Richard Levernier rlevernier@balmoralfunds.com KEYWORD: CALIFORNIA PENNSYLVANIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: PROFESSIONAL SERVICES TRUCKING AUTOMOTIVE GENERAL AUTOMOTIVE TRANSPORT FINANCE SOURCE: Balmoral Funds LLC Copyright Business Wire 2024. PUB: 12/20/2024 01:33 PM/DISC: 12/20/2024 01:33 PM http://www.businesswire.com/news/home/20241220851230/en
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NEW YORK , Dec. 12, 2024 /PRNewswire/ -- Lument Finance Trust, Inc. (NYSE: LFT ) ("LFT" or the "Company") announced the declaration of a cash dividend of $0.08 per share of common stock with respect to the fourth quarter of 2024. The Company also announced the declaration of a one-time special cash dividend of $0.09 per share of common stock due to real estate investment trust tax considerations. These dividends are payable on January 15, 2025 , to common stockholders of record as of the close of business on December 31, 2024 . The Company also announced the declaration of a cash dividend of $0.4921875 per share of 7.875% Cumulative Redeemable Series A Preferred Stock. The dividend is payable on January 15, 2025 to preferred stockholders of record as of the close of business January 2, 2025 . About LFT LFT is a Maryland corporation focused on investing in, financing and managing a portfolio of commercial real estate debt investments. The Company primarily invests in transitional floating rate commercial mortgage loans with an emphasis on middle-market multi-family assets. LFT is externally managed and advised by Lument Investment Management, LLC, a Delaware limited liability company. Additional Information and Where to Find It Investors, security holders and other interested persons may find additional information regarding the Company at the SEC's Internet site at http://www.sec.gov/ or the Company website www.lumentfinancetrust.com or by directing requests to: Lument Finance Trust, 230 Park Avenue, 20th Floor, New York, NY 10169, Attention: Investor Relations. Forward Looking Statements Certain statements included in this press release constitute forward-looking statements intended to qualify for the safe harbor contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act, as amended. Forward-looking statements are subject to risks and uncertainties. You can identify forward-looking statements by use of words such as "believe," "expect," "anticipate," "project," "estimate," "plan," "continue," "intend," "should," "may," "will," "seek," "would," "could," or similar expressions or other comparable terms, or by discussions of strategy, plans or intentions. Forward-looking statements are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company on the date of this press release or the date on which such statements are first made. Actual results may differ from expectations, estimates and projections. You are cautioned not to place undue reliance on forward-looking statements in this press release and should consider carefully the factors described in Part I, Item IA "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 , which is available on the SEC's website at www.sec.gov , and in other current or periodic filings with the SEC, when evaluating these forward-looking statements. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. Except as required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. View original content to download multimedia: https://www.prnewswire.com/news-releases/lument-finance-trust-inc-declares-quarterly-cash-dividends-for-its-common-and-preferred-stock-and-announces-special-cash-dividend-distribution-302330846.html SOURCE Lument Finance Trust
We’ve been hearing about Apple Intelligence since June but only now has it become real. With iOS 18.2, just released, Apple has unleashed a deluge of improvements to make the iPhone (and iPad and Mac) more useful. But is the new release good to go or should you hold back? Apple iPhone 16 Pro Max. Note that I’ll be updating this post over the coming days and will make a final assessment on Thursday, Dec. 19. Who Is It For And How Do You Get It? Apple iOS 18.2 works with all iPhones that can run iOS 18, which is the same list of devices which could handle iOS 17. This means all iPhones from the iPhone XS onwards, including the second- and third-generation iPhone SE models. Apple Intelligence is the marquee feature here, but it only works on six iPhones: iPhone 15 Pro, iPhone 15 Pro Max, iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max. What It’s About Two words: Apple Intelligence. That’s not to say there isn’t more to this update, but Apple Intelligence is key. Not only is it the biggest upgrade to Apple Intelligence so far, it’s the entire delivery of the new features for users in the U.K., Australia, New Zealand, Canada and South Africa, which haven’t had any Apple Intelligence features until now. The Game Awards 2024 Live Winners List, And Game Of The Year Microsoft Warns 400 Million Windows Users—Do Not Update Your PC iOS 18.2—Update Now Warning Issued To All iPhone Users Apple iOS 18. 2 Security There are several security issues which are addressed by iOS 18.2, such as solutions to problems in both WebKit which is key to the Safari browser and the iPhone Kernel. Forbes colleague Kate O’Flaherty has more details on the security aspects to this big update here . Note that while the last iOS 18 update was accompanied by an iOS 17 update for those users who didn’t want to get onto the iOS 18 bandwagon, there are far fewer options this time around. Apple is saying you should upgrade to iOS 18. Indeed, those were CEO Tim Cook’s words to me when the update was happening, saying users should do it “in a rush”. First Reactions There have been some comments pertaining to issues not being solved or (the usual) worries about battery life. However, battery worries are almost never borne out in the hours or days after an update lands, so check back for a final update on that. Overall, though there have been plenty of positive comments, such as one user who said, “Huge upgrade from 18.1.1. Fixes all the problems of previous releases of iOS 18. I think this is it. No need for anymore updates. Even Apple intelligence works as promised. Even Siri responds to all my questions perfectly!” Apple iOS 18.2 Initial Verdict: Update There are so many feature updates in iOS 18.2 that updating always seemed the most likely thing to do unless it all fell over dramatically. That hasn’t happened, so unless you’re dead against Apple Intelligence, this seems a great time to upgrade to iOS 18 if you’ve previously held back.
Apple’s Abandoned Gamble: Inside the Scrapped iPhone Subscription ServiceLONDON (AP) — Ireland faces weeks of coalition talks before it gets a new government, as the country’s two major center-right parties work to form a stable administration. With all 174 legislative seats filled Monday after three days of counting election ballots , Fianna Fail had won 48 seats and Fine Gael 38. The two parties, who have governed in coalition since 2020, fell just short of the 88 needed to achieve a majority without third-party support. “The people have spoken, let us now get on with the work,” said Fianna Fail leader Micheál Martin . Left-of-center party Sinn Fein won 39 seats in the Dail, parliament's lower house, but is unlikely to be part of the next government. Both Fine Gael and Fianna Fail have a longstanding refusal to work with Sinn Fein, partly because of its historic ties with the Irish Republican Army during three decades of violence in Northern Ireland. “The outcome of the election is now clear. The numbers are there for Fianna Fail and Fine Gael to form a government together," said Sinn Fein lawmaker Eoin Ó Broin. He said that would be “the worst possible outcome for the people of the country.” Longtime rivals with origins on opposing sides of Ireland’s 1920s civil war, Fianna Fail and Fine Gael formed an alliance after the 2020 election ended in a virtual dead heat. The two parties took it in turns to hold the post of premier, for about two years each. This time, Fianna Fail’s bigger seat tally means its Martin looks likely to become prime minister, or taoiseach, rather than Simon Harris of Fine Gael. Fianna Fail’s deputy leader, Jack Chambers, said coalition talks would require “time and space,” and it’s unlikely there will be a new government before Christmas. Ireland has proved a partial exception to the anti-incumbent mood in elections around the world. Fianna Fail and Fine Gael, which have dominated Irish politics for a century, remain in the driving seat, though their combined share of the vote has declined to just over 40%. They will need support to command a majority in parliament, and could turn to the Social Democrats and the Irish Labour Party, who both increased their seat totals to 11 each, or to independent lawmakers. The new government will face huge pressure to ease rising homelessness, driven by soaring rents and property prices, and to better absorb a growing number of asylum-seekers. The cost of living — especially Ireland’s acute housing crisis — was a dominant topic in the election campaign , and immigration has become an emotive and challenging issue in a country of 5.4 million people long defined by emigration. A stabbing attack on children outside a Dublin school just over a year ago, in which an Algerian man has been charged, sparked the worst rioting Ireland had seen in decades. For all the focus on migration, anti-immigration independents made few breakthroughs. Ireland does not have a significant far-right party to capitalize on the issue.
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What a study in contrasts. On Black Friday, Taylor Swift fans lined up outside hundreds of Target stores across the country to buy her new Eras Tour book and a vinyl and CD version of “The Tortured Poets Department: The Anthology.” The Swift merchandise drop made the biggest shopping day of the year even more frenetic. Fans posted TikToks showing people huddled under blankets outside stores overnight. Meanwhile, where was Swift? Walking cool, calm and collected into GEHA Field at Arrowhead Stadium in one of the sleekest casual outfits she’s ever worn to a home game. She arrived with her father, Scott Swift, and her boyfriend Travis Kelce’s mother, Donna Kelce. “A cozy half zip, black jeans, and black boots formed a cute and cozy base in Taylor’s go-to Chiefs-approved red and black color palette,” wrote Taylor fashion observer, Sarah Chapelle, keeper of Taylor Swift Styled on Instagram. Swift’s bright red half-zip coat ($4,900) by Louis Vuitton is no longer available. She paired the jacket with skinny black jeans and black Trekk leather ankle boots ($1,650) by Alaia. “The tall platform and chunky heel demand to take up space. In fact, I’d say they’re like a totally important game day designer,” Chapelle noted. Her hair, worn in a long braid, emphasized the long, lean look of her outfit. Eagle-eyed fans noticed the number 87 pendant on Swift’s necklace. Kelce’s jersey number is 87. Swift is on a break for a few days from her Eras Tour. She wraps up the record-breaking tour with three Canadian shows in Vancouver, British Columbia in early December. ©2024 The Kansas City Star. Visit kansascity.com . Distributed by Tribune Content Agency, LLC.WOOD DALE, Ill. , Dec. 19, 2024 /PRNewswire/ -- AAR CORP. (NYSE: AIR) ("AAR" or the "Company") announced today that it has reached resolutions with the Department of Justice ("DOJ") and the Securities and Exchange Commission ("SEC") to resolve previously disclosed potential violations of the U.S. Foreign Corrupt Practices Act (the "FCPA") relating to certain transactions signed in 2016 and 2017 in Nepal and South Africa. After self-reporting the potential violations to the DOJ and SEC in 2019, and cooperating with both agencies in a multi-year investigation, AAR has entered a Non-Prosecution Agreement ("NPA") with the DOJ, and the SEC has accepted the Company's Offer of Settlement and issued a cease-and-desist order (the "SEC Order"). The resolutions with both the DOJ and SEC make clear that the relevant conduct was principally carried out by a former employee of a Company subsidiary and former third-party agents. The total amount payable by AAR under the NPA and SEC Order is $55,599,653 , inclusive of penalties, forfeiture, and prejudgment interest, which will be reflected as a one-time charge in the Company's consolidated financial statements for fiscal year 2025 second quarter ended November 30, 2024 . The Company expects to fund these payments using a combination of cash on hand and borrowings under its revolving credit facility. "We are pleased to resolve these matters with the DOJ and SEC," said John M. Holmes , AAR's Chairman, President and Chief Executive Officer. "We thank the DOJ and SEC for their collaboration and their recognition of the Company's substantial cooperation. AAR remains committed to transparency and accountability and operating in an ethical and compliant manner as we deliver innovative, value-driven solutions to meet the ever-evolving needs of our customers worldwide." Since self-reporting the potential violations to the DOJ and SEC in 2019, the Company has taken extensive steps to enhance its global compliance program. AAR's remedial actions, along with the significant effort it made to cooperate with the investigations, were acknowledged by the DOJ and the SEC as part of the resolutions. About AAR AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through four operating segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services. Additional information can be found at aarcorp.com . Forward-looking statements This press release contains certain statements relating to future results, which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, which reflect management's expectations about future conditions, including, but not limited to, funding the payments required pursuant to the resolution of the DOJ and SEC investigations. Forward-looking statements often address our expected future operating and financial performance and financial condition, or sustainability targets, goals, commitments, and other business plans, and often may also be identified because they contain words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "likely," "may," "might," "plan," "potential," "predict," "project," "seek," "should," "target," "will," "would," or similar expressions and the negatives of those terms. These forward-looking statements are based on the beliefs of Company management, as well as assumptions and estimates based on information available to the Company as of the dates such assumptions and estimates are made, and are subject to certain risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated, depending on a variety of factors, including: (i) factors that adversely affect the commercial aviation industry; (ii) adverse events and negative publicity in the aviation industry; (iii) a reduction in sales to the U.S. government and its contractors; (iv) cost overruns and losses on fixed-price contracts; (v) nonperformance by subcontractors or suppliers; (vi) a reduction in outsourcing of maintenance activity by airlines; (vii) a shortage of skilled personnel or work stoppages; (viii) competition from other companies; (ix) financial, operational and legal risks arising as a result of operating internationally; (x) inability to integrate acquisitions effectively and execute operational and financial plans related to the acquisitions; (xi) failure to realize the anticipated benefits of acquisitions; (xii) circumstances associated with divestitures; (xiii) inability to recover costs due to fluctuations in market values for aviation products and equipment; (xiv) cyber or other security threats or disruptions; (xv) a need to make significant capital expenditures to keep pace with technological developments in our industry; (xvi) restrictions on use of intellectual property and tooling important to our business; (xvii) inability to fully execute our stock repurchase program and return capital to stockholders; (xviii) limitations on our ability to access the debt and equity capital markets or to draw down funds under loan agreements; (xix) non-compliance with restrictive and financial covenants contained in our debt and loan agreements; (xx) changes in or non-compliance with laws and regulations related to federal contractors, the aviation industry, international operations, safety, and environmental matters, and the costs of complying with such laws and regulations; and (xxi) exposure to product liability and property claims that may be in excess of our liability insurance coverage. Should one or more of those risks or uncertainties materialize adversely, or should underlying assumptions or estimates prove incorrect, actual results may vary materially from those described. Those events and uncertainties are difficult or impossible to predict accurately and many are beyond our control. For a discussion of these and other risks and uncertainties, refer to our Annual Report on Form 10-K, Part I, "Item 1A, Risk Factors" and our other filings from time to time with the U.S. Securities and Exchange Commission. These events and uncertainties are difficult or impossible to predict accurately and many are beyond the Company's control. The risks described in these reports are not the only risks we face, as additional risks and uncertainties are not currently known or foreseeable or impossible to predict accurately or risks that are beyond the Company's control or deemed immaterial may materially adversely affect our business, financial condition or results of operations in future periods. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as required by law. Contact: Media Team +1-630-227-5100 Editor@aarcorp.com View original content to download multimedia: https://www.prnewswire.com/news-releases/aar-resolves-foreign-corrupt-practices-act-investigations-with-the-doj-and-sec-302336664.html SOURCE AAR CORP.
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JonBenét Ramsey's Case Is Making Progress: ReportGERMANTOWN, Tenn. , Dec. 2, 2024 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced a full quarterly dividend of $1.0625 per outstanding share of its 8.50% Series I Cumulative Redeemable Preferred Stock. The dividend is payable on December 31, 2024 , to shareholders of record on December 13, 2024 . About MAA MAA is a self-administered real estate investment trust (REIT) and member of the S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. For further details, please refer to the "For Investors" page at www.maac.com or contact Investor Relations at investor.relations@maac.com . Forward-Looking Statements Certain matters in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended with respect to our expectations for future periods. Such statements include statements made about the payment of preferred dividends. The ability to meet the payment of preferred dividends in or contemplated by the forward-looking statements could differ materially from the projection due to a number of factors, including a downturn in general economic conditions or the capital markets, changes in interest rates and other items that are difficult to control such as increases in real estate taxes in many of our markets, as well as the other general risks inherent in the apartment and real estate businesses. Reference is hereby made to the filings of Mid-America Apartment Communities, Inc. with the Securities and Exchange Commission, including quarterly reports on Form 10-Q, reports on Form 8-K, and its annual report on Form 10-K, particularly including the risk factors contained in the latter filing. View original content to download multimedia: https://www.prnewswire.com/news-releases/maa-announces-regular-quarterly-preferred-dividend-302319993.html SOURCE MAA
A proposed deal that would see three tobacco giants pay out billions to provinces and territories, as well as smokers across Canada, has been approved by the companies' creditors, a lawyer representing some of the creditors said Thursday, calling it an important milestone in a lengthy legal saga. The proposed $32.5-billion global settlement between the companies — JTI-Macdonald Corp., Rothmans, Benson & Hedges and Imperial Tobacco Canada Ltd. — and their creditors was announced in October after more than five years of negotiations. Representatives for the creditors, which include provincial governments seeking to recover smoking-related health-care costs as well as plaintiffs in two Quebec class-action lawsuits, voted on the plan in a virtual meeting Thursday afternoon. André Lespérance, who represents plaintiffs in one of the Quebec lawsuits, said creditors overwhelmingly supported the proposal. "We're not surprised, but we're glad the creditors are united right now to see this plan approved," he said in French. Before the plan can be implemented, it must obtain the approval of the court. A hearing has been scheduled for the end of January, and Lespérance said he's optimistic the proposed deal will clear that hurdle as well. "I think we're really close to the end," he said. Dominique Claveau, executive director of the Quebec Council on Tobacco and Health, which is part of the lawsuit, said they look forward to having the court "bring this long-fought battle for justice and truth to its conclusion." The proposed deal includes $24 billion for provinces and territories, $4 billion for tens of thousands of Quebec smokers and their heirs, and more than $2.5 billion for smokers in other provinces and territories. It also includes more than $1 billion for a foundation to help those affected by tobacco-related diseases. British Columbia Premier David Eby, whose province initiated legal action against the three tobacco companies in 1998, said the deal is "a critical step forward after 20 years of litigation." "Tobacco has harmed far too many people, and tobacco companies have avoided accountability for far too long," Eby said in a statement. "We urge tobacco companies to take responsibility for their deceptive actions and accept this plan." At least one of the companies has said it opposes the plan in its current form. The Canadian Cancer Society, which is a social stakeholder in the case, said Thursday it hopes the proposal will be amended before it's approved by the court. Rob Cunningham, the organization's lawyer, said the plan should include smoking-reduction measures and the release of confidential industry documents, similar to what was achieved in the United States decades ago. "There's a once-in-a-lifetime opportunity to better control the tobacco industry and to reduce tobacco use. We're never going to get this chance again," he said. The foundation funded through the proposed deal should also have its mandate expanded to include prevention of tobacco-related disease and public awareness efforts to help people quit smoking, said Manuel Arango, vice-president of policy and advocacy for Heart & Stroke. "We already have a lot of studies and a lot of knowledge about the treatment of tobacco-related disease," he said. "So it's really about looking forward and helping prevent tobacco-related disease in the future." The proposal is the culmination of a corporate restructuring process set off by a decades-long legal battle over the health effects of smoking. In 2015, a Quebec court ordered the three companies to pay about $15 billion in two class-action lawsuits involving smokers in the province who took up the habit between 1950 and 1998 and either fell ill or were addicted, or their heirs. Four years later, the landmark ruling was upheld by the province's Appeal Court. The companies then sought creditor protection in Ontario in order to negotiate a global settlement with their creditors. All of the legal proceedings against them were put on hold during the talks. That order has now been extended until Jan. 31, 2025. This report by The Canadian Press was first published Dec. 12, 2024. Paola Loriggio, The Canadian Press
Drone operators worry that anxiety over mystery sightings will lead to new restrictionsPHOENIX--(BUSINESS WIRE)--Dec 19, 2024-- University of Phoenix is proud to share it is a recipient of the EC-Council 2024 Academic Partner of the Year Award . The EC-Council Academia division awards formally highlight academic institutions and faculty within North America and across the world that demonstrate exceptional innovation, impact and dedication to shaping the next generation of cybersecurity professionals. This year’s winners were selected from a pool of over 2,000 academic institutions and recipients were honored for advancing a diverse cybersecurity skillset for their students, while preparing them for an increasingly complex and digital-first world. “Receiving the EC-Council Academic Partner of the Year Award is a testament to our unwavering dedication to enhancing cybersecurity education,” states Kathryn Uhles, dean, College of Business and Information Technology at the University. “For five consecutive years, we received the Circle of Excellence award and Dr. J.L. Graff has spearheaded significant endeavors to advance the university’s cybersecurity offerings in collaboration with EC-Council. This award underscores those efforts to make a meaningful difference in the lives of our students as we help prepare them for their career of choice.” University of Phoenix College of Business and Information Technology builds degree programs and certificates which make critical connections and cultivates student understanding of the ways technology and business evolve together, particularly in the arena of cybersecurity. The College offers programs aligned to select industry-leading EC-Council certification exams, as well as EC-Council aligned courses , which can be taken individually to focus on specific skills. “We have enjoyed working with the leadership at the University of Phoenix to support their cybersecurity program which immerses students in tactical cyber range scenarios using critical tools and skills they will use in the workforce,” says Wesley Alvarez, Director of Academics for EC-Council. “Their commitment to student success is unwavering, and they have continuously enabled opportunities for students to assess and grow their skills in and outside of the classroom. We are honored to give them our highest award recognition as they continue to grow their program, producing graduates that are prepared and confident to enter the cyber workforce.” The University’s College of Business and Information Technology offers students access to faculty that possess an average of 32.8 years of professional experience. Current faculty includes 399 directors, 188 presidents, 73 Information Technology/System Administrators and 51 chief executive officers. University of Phoenix has long been recognized for excellence in its cybersecurity programs, having the honor of receiving the EC-Council's Academia Circle of Excellence Award for five years in a row. Learn more here about University of Phoenix College of Business and Information Technology cybersecurity programs . About EC-Council EC-Council’s sole purpose is to build and refine the cybersecurity profession globally. The company helps organizations, educators, and governments, as well as individuals, to address global workforce problems by developing and curating world-class cybersecurity education programs and certifications while also providing cybersecurity services to some of the largest businesses around the world. Trusted by seven of the Fortune 10, 47 of the Fortune 100, the Department of Defense, the global intelligence community, NATO, and more than 2,000 of the best universities, colleges, and training companies, EC-Council programs have made their way to 140 countries and have set the bar in cybersecurity education. Learn more at www.eccouncil.org . About University of Phoenix University of Phoenix innovates to help working adults enhance their careers and develop skills in a rapidly changing world. Flexible schedules, relevant courses, interactive learning, skills-mapped curriculum for our bachelor’s and master’s degree programs and a Career Services for Life® commitment help students more effectively pursue career and personal aspirations while balancing their busy lives. For more information, visit phoenix.edu . View source version on businesswire.com : https://www.businesswire.com/news/home/20241219705547/en/ CONTACT: MEDIA CONTACT: Michele Mitchum University of Phoenix michele.mitchum@phoenix.edu KEYWORD: ARIZONA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: OTHER EDUCATION CONTINUING PROFESSIONAL SERVICES TECHNOLOGY UNIVERSITY EDUCATION SECURITY BUSINESS SOURCE: University of Phoenix Copyright Business Wire 2024. PUB: 12/19/2024 04:42 PM/DISC: 12/19/2024 04:43 PM http://www.businesswire.com/news/home/20241219705547/en