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Tag: ServiceNow

  • Apple, Google and others tell some foreign employees to avoid traveling out of the country

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    Big Tech companies, including Apple, Google, Microsoft, and ServiceNow, have warned employees on visas to avoid leaving the country amid uncertainty about changing immigration policy and procedures.

    Following an attack on National Guard members in Washington, the Trump administration expanded travel bans earlier this month, and beefed up vetting and data collection for visa applicants. The new policy now includes screening the social media history of some visa applicants and their dependents.

    Soon after the announcement, U.S. consulates began rescheduling appointments for future dates, some as late as summer 2026, leaving employees who required appointments unable to return.

    “Please be aware that some U.S. Embassies and Consulates are experiencing significant visa stamping appointment delays, currently reported as up to 12 months,” noted an email sent by Berry Appleman & Leiden LLC, the immigration firm that represents Google. The advisory also recommended “avoiding international travel at this time.”

    Business Insider earlier reported on the travel advisories.

    Microsoft’s memo noted that much of the rescheduling is occurring in India, in cities such as Chennai and Hyderabad, and that new stamping dates are as far out as June 2026.

    The company advised employees with valid work authorization who were traveling outside the U.S. for stamping to return before their current visa expires. Those still in the U.S. scheduling upcoming travel for visa stamping should “strongly consider” changing their travel plans.

    Apple’s immigration team also recommended that employees without a valid H1-B visa stamp avoid international travel for now.

    ServiceNow, a business software company, similarly issued an advisory recommending that those with valid visa stamps return to the U.S.

    Microsoft declined to comment on its memo. Apple, Google and ServiceNow did not immediately respond to requests for comment.

    Companies warned that delays due to enhanced screening is for H-1B, H-4, F, J and M visas.

    H-1B is a high-skilled immigration visa program that allows employers to sponsor work visas for individuals with specialized skills. The program, capped at 85,000 new visas per year, is a channel for American tech giants to source skilled workers, such as software engineers.

    Big Tech companies such as Amazon, Google, and Meta have consistently topped the charts in terms of the number of H-1B approvals, with Indian nationals as the largest beneficiaries of the program, accounting for 71% of approved H-1 B petitions.

    H-1B visas are awarded through a lottery system, which its critics say has been exploited by companies to replace American workers with cheap foreign labor.

    In September, the Trump administration announced a $100,000 fee for new H-1B employee hires. But after severe pushback, it clarified that it applied only to employers seeking to use the H-1B visa to hire foreign nationals not already in the U.S.

    The H-1B program is an issue that has not only animated the right but also splintered it. Those on the tech-right, such as Elon Musk and David Sacks, are strongly in favor of strengthening skilled immigration, while the core MAGA base is vehemently opposed to it.

    Proponents of the program often highlight that skilled worker immigration made the U.S a technological leader, and nearly half of the fortune 500 companies were founded by immigrants or their children, creating jobs for native-born Americans.

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    Nilesh Christopher

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  • 2 Artificial Intelligence (AI) Companies That Could Follow Nvidia’s Lead and Split Their Stock

    2 Artificial Intelligence (AI) Companies That Could Follow Nvidia’s Lead and Split Their Stock

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    Stock splits generate a lot of buzz in the investing world, especially among the amateur crowd. You probably already know that a split doesn’t affect the company’s underlying value — if you have one share worth $100 and the company executes a 10-for-1 split, you would have 10 shares worth $10 each for the same $100 value.

    However, there are some advantages to shrinking per-share prices. For example, it’s easier for smaller investors to accumulate a position. Let’s say you put $300 into an account monthly; it’s easier to accumulate a position in a stock selling for $100 than $2,000. The announcements also draw attention to the company, which is potentially of help.

    Nvidia is the latest big tech company to announce a split (its second in the past three years). The stock split 10-for-1 last week after an incredible run over the previous few years, as shown below. But Nvidia isn’t the only company with a swelling stock price. The artificial intelligence (AI) boom sent several other stocks to all-time highs.

    Could one of these below be next to split their stock?

    Super Micro Computer

    Let’s look first at Super Micro Computer (NASDAQ: SMCI), which trades above $750 per share. This is well below its 52-week high of $1,229 but well above the 52-week low price of $213. Supermicro (as its known) is a nuts-and-bolts play in the AI sector, as its server, storage, and networking hardware are critical to data centers, edge computing, and more.

    The intense customer demand, primarily driven by AI, caused revenue and operating income to skyrocket recently, as shown below.

    SMCI Revenue (TTM) Chart

    SMCI Revenue (TTM) Chart

    The company’s latest quarter saw 200% year-over-year sales growth to $3.9 billion, and Supermicro expects intense growth to continue next quarter with a forecast of $5.1 billion to $5.5 billion. The great thing about this sales growth is that Supermicro is doing it profitably, as you can see by the rising operating income in the chart above. Data center growth is a tailwind that should last for years (check out this article for details).

    If the stock price stays high, the company could move to split the stock — potentially soon.

    ServiceNow

    Companies are turning to automation like never before. Automating tasks is critical to efficiency, which is paramount in the hyper-competitive business world. With the Now Platform provided by ServiceNow (NYSE: NOW), customers get virtual customer service agents, process automation, and AI-based issue detection, routing, and problem-solving solutions.

    ServiceNow has an expanding customer base of over 8,100, including 85% of the Fortune 500. This includes nearly 2,000 large customers that spend an average of $4.6 million each with ServiceNow annually. The company also boasts a 98% renewal rate. Like Supermicro, ServiceNow’s sales and operating profits are soaring, as shown below.

    NOW Revenue (TTM) ChartNOW Revenue (TTM) Chart

    NOW Revenue (TTM) Chart

    The $9.5 billion in trailing-12-month sales above include $2.6 billion in the first quarter, a 24% increase over the prior year. ServiceNow’s stock price has followed suit and trades near $700 per share. If the stock remains elevated, ServiceNow could follow other tech companies and consider a split.

    In the grand scheme of the stock market, stock splits aren’t very consequential. They best serve investors by keeping most stocks trading within the same relative range. It would complicate things if all companies did what Berkshire Hathaway did; its stock trades for over $600,000 per share after decades of growth without splitting (although investors can still buy the Class B shares much more cheaply).

    Still, stock splits garner attention, open the market up to smaller investors, and create fun topics of conversation. Nvidia is the latest titan to split; more could soon follow.

    Should you invest $1,000 in Super Micro Computer right now?

    Before you buy stock in Super Micro Computer, consider this:

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Super Micro Computer wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

    Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $740,886!*

    Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

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    *Stock Advisor returns as of June 10, 2024

    Bradley Guichard has positions in Nvidia. The Motley Fool has positions in and recommends Berkshire Hathaway, Nvidia, and ServiceNow. The Motley Fool has a disclosure policy.

    2 Artificial Intelligence (AI) Companies That Could Follow Nvidia’s Lead and Split Their Stock was originally published by The Motley Fool

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  • Prediction: This Will Be the Next Artificial Intelligence (AI) Company to Split Its Stock

    Prediction: This Will Be the Next Artificial Intelligence (AI) Company to Split Its Stock

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    Several technology companies have recently undergone stock splits. Some of the more notable stock splits in the tech realm in recent memory include “Magnificent Seven” members Tesla, Nvidia, Amazon, Alphabet, and Apple.

    While there are a number of upcoming stock splits to be aware of, there is one artificial intelligence (AI) company that I think could be next in line: ServiceNow (NYSE: NOW).

    Let’s dig into why ServiceNow makes a compelling stock-split candidate and explore the investment merits of this software-as-a-service (SaaS) leader.

    How do stock splits work?

    Before diving into ServiceNow specifically, investors should understand the basics of stock splits.

    Stock splits are essentially a form of financial engineering. The number of outstanding shares increases by the ratio in the split. For example, in a 5-for-1 split, there will be five times as many shares following the split.

    As a result, the share price of the stock in question decreases by that same multiple. This dynamic means that the market cap of the stock-split stock does not inherently change.

    A stock chart and financial trends on a laptop screen.

    Image source: Getty Images.

    Why would ServiceNow split its stock?

    One of the most common reasons that a company decides to split its stock is because shares have soared significantly over a relatively short time frame. As a result, most retail investors perceive shares as expensive and out of reach.

    Again, although a stock split doesn’t change the value of the company, investors tend to view shares as cheaper because the stock price is now lower. Subsequently, stock splits are typically followed by a new pool of investors pouring in.

    Since its initial public offering (IPO) in 2012, ServiceNow’s shares are up 2,970%. Moreover, since AI has become a focal point among technology stocks in the last 18 months or so, ServiceNow shares have risen 77%.

    With a share price of $755, ServiceNow stock doesn’t look cheap. Considering the company has never split its shares and secular themes are fueling the AI landscape, now could be a unique opportunity for ServiceNow to follow in the footsteps of its larger tech peers as further gains look to be in store.

    Should you invest in ServiceNow stock?

    It’s very important for investors to understand that the share price alone is not what determines a stock as over or undervalued. In fact, the chart below illustrates that ServiceNow is largely trading at a discount on a price-to-sales (P/S) basis when benchmarked against other SaaS growth stocks.

    NOW PS Ratio ChartNOW PS Ratio Chart

    NOW PS Ratio Chart

    After analyzing the data above, there is a legitimate case to be made that ServiceNow is undervalued despite its seemingly expensive share price.

    Another way of looking at this dichotomy is that it is not the number of shares that you own that matters; it’s the amount of money you’re putting to work. It’s almost certainly a better idea to own one share of a $1,000 stock than 1,000 shares of a $1 stock. Generally speaking, the share price reflects the sentiment of the business.

    As far as ServiceNow is concerned, there’s one other reason I see the company as a potential stock-split opportunity. As I recently expressed, ServiceNow is not as well known in the technology and AI arenas as its competition. A stock split would be a good way for the company to make headlines and potentially land on the radar of a broader group of investors.

    Now, with that said, I’m not suggesting that ServiceNow should use a stock split as a PR stunt to juice its price. Investors should buy shares in ServiceNow purely based on concrete business results.

    Over the last several quarters, ServiceNow has moved swiftly in the AI world and it’s showing in the company’s results. Revenue growth is accelerating thanks to impressive customer retention metrics as well as ServiceNow’s ability to cross-sell additional products and services.

    Moreover, the company has forged partnerships with Microsoft, Nvidia, and International Business Machines. I see these as important stepping stones for further lead generation and new sales opportunities for long-term growth.

    At the end of the day, ServiceNow is a rock-solid investment opportunity regardless of a split. Now looks like a great time to scoop up some shares and prepare to hold for the long term as the growth story continues to unfold.

    Should you invest $1,000 in ServiceNow right now?

    Before you buy stock in ServiceNow, consider this:

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ServiceNow wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

    Consider when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $566,624!*

    Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*.

    See the 10 stocks »

    *Stock Advisor returns as of May 13, 2024

    Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Adam Spatacco has positions in Alphabet, Amazon, Apple, Microsoft, Nvidia, Palantir Technologies, and Tesla. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Datadog, HubSpot, Microsoft, MongoDB, Nvidia, Palantir Technologies, ServiceNow, Snowflake, Tesla, and Workday. The Motley Fool recommends International Business Machines and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

    Prediction: This Will Be the Next Artificial Intelligence (AI) Company to Split Its Stock was originally published by The Motley Fool

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  • ServiceNow Posts Strong Earnings and Adds New AI Tools. But the Stock Is Lower.

    ServiceNow Posts Strong Earnings and Adds New AI Tools. But the Stock Is Lower.

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    ServiceNow


    posted better-than-expected results for its latest quarter and lifted its full-year outlook.

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  • Alight Capital Management LP Invests $1.55 Million in ServiceNow, Inc. (NYSE:NOW)

    Alight Capital Management LP Invests $1.55 Million in ServiceNow, Inc. (NYSE:NOW)

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    Alight Capital Management LP purchased a new position in shares of ServiceNow, Inc. (NYSE:NOWGet Rating) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 4,000 shares of the information technology services provider’s stock, valued at approximately $1,553,000. ServiceNow makes up 1.7% of Alight Capital Management LP’s investment portfolio, making the stock its 19th biggest position.

    Several other large investors have also recently made changes to their positions in the company. Ambassador Advisors LLC increased its position in shares of ServiceNow by 24.4% during the fourth quarter. Ambassador Advisors LLC now owns 10,279 shares of the information technology services provider’s stock worth $3,991,000 after purchasing an additional 2,016 shares in the last quarter. Ardmore Road Asset Management LP purchased a new stake in shares of ServiceNow during the fourth quarter worth approximately $9,707,000. ArrowMark Colorado Holdings LLC increased its position in shares of ServiceNow by 270.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 3,700 shares of the information technology services provider’s stock worth $1,437,000 after purchasing an additional 2,700 shares in the last quarter. Freedom Wealth Alliance LLC purchased a new stake in shares of ServiceNow during the fourth quarter worth approximately $59,000. Finally, Zullo Investment Group Inc. increased its position in shares of ServiceNow by 4.0% during the fourth quarter. Zullo Investment Group Inc. now owns 781 shares of the information technology services provider’s stock worth $303,000 after purchasing an additional 30 shares in the last quarter. 86.31% of the stock is currently owned by hedge funds and other institutional investors.

    Insider Buying and Selling at ServiceNow

    In other ServiceNow news, General Counsel Russell S. Elmer sold 7,796 shares of the stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $456.31, for a total value of $3,557,392.76. Following the sale, the general counsel now owns 4,047 shares of the company’s stock, valued at approximately $1,846,686.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other ServiceNow news, Director Frederic B. Luddy sold 660 shares of the stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $546.00, for a total value of $360,360.00. Following the sale, the director now owns 598 shares of the company’s stock, valued at approximately $326,508. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel Russell S. Elmer sold 7,796 shares of the stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $456.31, for a total value of $3,557,392.76. Following the completion of the sale, the general counsel now directly owns 4,047 shares in the company, valued at approximately $1,846,686.57. The disclosure for this sale can be found here. Insiders have sold 32,569 shares of company stock valued at $16,256,660 in the last quarter. Corporate insiders own 0.28% of the company’s stock.

    Analyst Upgrades and Downgrades

    Several brokerages recently commented on NOW. Stifel Nicolaus boosted their price target on ServiceNow from $495.00 to $525.00 in a research report on Thursday, April 27th. Sanford C. Bernstein upped their target price on ServiceNow from $586.00 to $665.00 in a report on Tuesday, May 30th. Guggenheim upped their target price on ServiceNow from $511.00 to $518.00 in a report on Wednesday, May 17th. BNP Paribas upgraded ServiceNow from an “underperform” rating to a “neutral” rating and set a $410.00 target price for the company in a report on Friday, April 28th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on ServiceNow from $525.00 to $545.00 in a report on Thursday, April 27th. Two analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. Based on data from MarketBeat, ServiceNow presently has an average rating of “Moderate Buy” and a consensus target price of $532.83.

    ServiceNow Price Performance

    NOW opened at $554.61 on Wednesday. The stock’s 50-day moving average price is $488.43 and its 200 day moving average price is $447.09. ServiceNow, Inc. has a 12-month low of $337.00 and a 12-month high of $563.63. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.27. The firm has a market cap of $113.00 billion, a price-to-earnings ratio of 282.96, a PEG ratio of 6.84 and a beta of 1.03.

    ServiceNow (NYSE:NOWGet Rating) last posted its earnings results on Wednesday, April 26th. The information technology services provider reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.37. ServiceNow had a return on equity of 10.18% and a net margin of 5.25%. The firm had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.09 billion. As a group, sell-side analysts expect that ServiceNow, Inc. will post 3.17 earnings per share for the current year.

    About ServiceNow

    (Get Rating)

    ServiceNow, Inc provides enterprise cloud computing solutions that defines, structures, consolidates, manages, and automates services for enterprises worldwide. The company operates the Now platform for workflow automation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, electronic service catalogs and portals, configuration management systems, data benchmarking, encryption, and collaboration and development tools.

    Read More

    Want to see what other hedge funds are holding NOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ServiceNow, Inc. (NYSE:NOWGet Rating).

    Institutional Ownership by Quarter for ServiceNow (NYSE:NOW)

    Receive News & Ratings for ServiceNow Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for ServiceNow and related companies with MarketBeat.com’s FREE daily email newsletter.

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  • More CFOs are ditching back-to-back video meetings to curb employee burnout

    More CFOs are ditching back-to-back video meetings to curb employee burnout

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    Employee burnout is real and can be heightened by inefficient work processes. And since hiring and retaining talent remains a top concern for CFOs, some are working toward curbing the stress levels of their team members—by also curbing daily video meetings.

    This week, Gina Mastantuono, CFO of the software company ServiceNow, shared a LinkedIn post with her thoughts about research on brain wave activity, which found back-to-back video meetings increase stress levels. “Those of us working in a hybrid model feel it,” Mastantuono writes. “It’s why I changed it up and set some new guidelines for our ServiceNow finance employees.”

    “Our Zoom meetings are no longer 30 or 60 minutes,” she writes. “The majority of our meetings in finance now last 20-25 minutes with a five-minute buffer to stretch and  take a mental break before the next meeting starts,” Mastantuono writes. “We’ve been at it for the last several months and see a stark difference.”

    “We’ve also instituted Friday WIN (What’s Important Now) time,” she explains. “Every Friday from 1-5 p.m. (local time), everyone in finance blocks their calendars and is discouraged from having video meetings. The purpose is an intentional focus. It gives us space to catch up on reading, writing, and whatever is essential to get your job done healthily, without constant interruption.” Mastantuono added, “Listening to your employees’ feedback is pure gold.”

    The last time I chatted with Xihao Hu, CFO at TD Bank in the U.S., he shared with me best practices in data storytelling. This time Hu shared his thoughts on making meetings less stressful. “I’ve read several articles and stories recently about companies encouraging employees to cancel all meetings or cut back on their meetings throughout the day,” he told me. “This has definitely sparked my interest and influenced my way of thinking.” As a company, TD has encouraged employees to hold 20-to-25-minute meetings vs. 30-minute time blocks, and “We practice well-being by taking screen breaks or walking meetings,” Hu says. 

    Regarding employee engagement, TD’s “Training Days,” which include a full day of workshops and panel discussions, “gives employees the flexibility to dive into a variety of interesting topics mapped to their career development or areas of interest,” Hu says. “We block out the calendars well in advance to avoid meeting conflicts on Training Days,” he says. 

    Hu also told me what he does personally to combat burnout. “As a leader, it’s important that I practice what I preach because everyone needs support from leadership when finding work-life balance,” he explains. “I block ‘me’ time in the calendar where I enjoy spending time with my parents or watching soccer. I also share how I spend my time through open, honest, and frequent communication with my entire team. It starts at the top and creates a positive ripple effect which hopefully helps avoid meeting fatigue.”

    I asked Alka Tandan, CFO at tech company Gainsight, her thoughts about video meetings. “We’re very aware that our remote-first workplace can easily lead to virtual meeting fatigue,” Tandan told me. Gainsight makes use of the “speedy meetings” setting in Google Calendar, which “limits meetings to 25 or 50 minutes and helps us avoid back-to-back calls when possible,” she says. Tandan encourages department leaders to identify certain days of the week that are “focus days” where internal departmental meetings are discouraged, she says. “It gives us the time and energy to focus on getting work done and forces us to ask if a meeting is truly necessary to accomplish our goals,” she explains. “We still meet externally with other departments, vendors, or customers.”

    “Gainsight has strict rules on weekend emails,” she says. “We ask employees to try and avoid work emails on Saturdays so everyone can take some well-deserved time off.” And in addition to regular unlimited PTO, weekends and public holidays, employees get an extra day off each month called “Recharge Days.”

    Chalk time and meeting management up to yet another line item CFOs are having to become experts at balancing.


    Try to unplug and have a good weekend.

    Sheryl Estrada
    sheryl.estrada@fortune.com

    Big deal

    The 2022 U.S. Bank CFO Insights Report, gauges the priorities of finance leaders as they navigate uncertain times. Regarding inflation risks, the top practices are identifying opportunities to cut costs (57%), evaluating the credit risk of major customers (35%), evaluating working capital practices (32%), and pricing (32%). However, CFOs surveyed view the talent shortage as the top risk, more so than high inflation, according to the report. Ways finance leaders plan to cut costs include investing in technology, discontinuing low-margin/low-growth business lines, and outsourcing certain business functions. The results are based on a survey of 750 senior finance leaders who work in U.S. businesses across multiple sectors.

    Courtesy of U.S. Bank

    Going deeper

    Here are a few weekend reads:

    A crypto security CEO did business with Sam Bankman-Fried and sent a team to the Bahamas. He was shocked by the lack of interest in security controls and FTX’s grand ideas: ‘Maybe we’ll buy Goldman Sachs’ by Shawn Tully

    3 reasons why the huge tech layoffs don’t mean a recession is around the corner, Goldman says by Prarthana Prakash

    Introducing the chief remote officer: Corporate America’s response to a hybrid workforce that’s here to stay by Trey Williams

    Early birds for the win. Here’s why working out before noon is key to your health by L’Oreal Thompson Payton

    Leaderboard

    Here’s a list of some notable moves this week:

    Donald R. Kimble, CFO and chief administrative officer at KeyCorp (NYSE:KEY) will retire on May 1, 2023. He will be succeeded by Clark H.I. Khayat, currently chief strategy officer. Khayat joined KeyCorp in 2012, leading corporate strategy and then serving as group head of commercial payments. He established Key’s enterprise payments and fintech partnership strategies. Khayat led the company’s strategy to build scale through a series of investments in capabilities such as digital and analytics as well as successful niche acquisitions, including Laurel Road, Cain Brothers, and Pacific Crest.

    Nancy Walsh was named CFO at Katapult Holdings, Inc. (Nasdaq: KPLT), an omnichannel point-of-sale payment platform, effective Dec. 12. Former CFO Karissa Cupito is transitioning into a senior advisory role to support the transition through the first quarter of 2023. Walsh most recently was EVP and CFO of LL Flooring Holdings, Inc., a retailer of hardwood flooring and hardwood flooring accessories. Before joining LL Flooring Holdings, Walsh was EVP and CFO of Pier 1 Imports, Inc. She has also held senior finance and risk management roles at The Bon-Ton Stores, Inc., Tapestry, Inc., Viacom, and Timberland.

    John Klinger was promoted to EVP and CFO at The TJX Companies, Inc. (NYSE: TJX), an off-price retailer of apparel and home fashions, effective Jan. 29, 2023. Klinger joined TJX in 2000 as a manager of business analysis at Marmaxx. He held various finance positions within HomeGoods and Marmaxx before being promoted to VP, divisional CFO for AJWright. Klinger then held the positions of VP of corporate finance and SVP, divisional CFO, TJX Europe. He later became EVP and corporate controller. 

    Andrew Murphy was promoted to CFO at Duos Technologies, Inc., a subsidiary of Duos Technologies Group, Inc. (Nasdaq: DUOT), effective Nov. 15. Since 2020, Murphy has served as VP of finance at Duos. Before joining Duos, Murphy held progressively senior finance roles within APR Energy. Before his time with APR, Murphy worked in corporate and public accounting with a focus on tax and business services.

    Donald C. Templin was named EVP and CFO at Voya Financial, Inc. (NYSE: VOYA), a health, wealth, and investment company. Templin most recently served as EVP and CFO of Marathon Petroleum Corp. He also served as CFO of MPLX LP, a diversified, large-cap master limited partnership formed by Marathon Petroleum. Before joining Marathon Petroleum in 2011, he held several roles at PwC, including serving as a partner at the firm.

    Jason Conley was promoted to CFO at Roper Technologies, Inc. (NYSE: ROP), a producer of engineered products for global niche markets, effective Feb. 1, 2023. Conley will succeed Rob Crisci as EVP and CFO. Conley, 47, is currently VP and chief accounting officer at Roper. He joined the company in 2006 as head of financial planning and analysis and investor relations. Conley also served as SVP of finance and HR at Roper’s Managed Health Care Associates business. 

    Overheard

    “Our annual planning process extends into the new year, which means there will be more role reductions as leaders continue to make adjustments. Those decisions will be shared with impacted employees and organizations early in 2023.”

    —Amazon CEO Andy Jassy wrote in a memo to workers on Thursday that the company will continue to lay off employees in the coming year, CNBC reported.

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    Sheryl Estrada

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  • IntegrityPro Consulting, LLC Advances to an Elite Partner in the ServiceNow Partner Program

    IntegrityPro Consulting, LLC Advances to an Elite Partner in the ServiceNow Partner Program

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    Press Release


    Sep 21, 2022

    IntegrityPro Consulting, LLC (IPC) announced today its advancement to an Elite Partner in the ServiceNow Partner Program with product line achievements in Customer Service Management and Now Platform App Engine. These PLAs exemplify IPC’s expertise to deliver across ServiceNow’s Customer and Creator Workflows solutions. Bringing extensive Now Platform® knowledge to the table, IPC is committed to providing educated approaches for clients to adopt ServiceNow as a solution across their enterprises.

    IPC has Certified ServiceNow Professionals in various areas of the Now Platform, including ITSM, ITOM, CSM, SecOps, HR Service Delivery and Custom App Development. This platform expertise, paired with small business agility and flexibility, has allowed the team at IPC to advance to Elite Partner status.  

    “We firmly believe that the success and health of any relationship—regardless of whether it’s with our clients, our partners, or members of our team—at the most fundamental level, is dependent on Integrity… We are proud to be a ServiceNow partner to deliver innovative solutions and expert services to our many customers in both public and private sectors,” said Mateen Riaz, Co-Founder and CEO at IPC.

    IPC’s transition to Elite Partner recognizes its achievements in the ServiceNow partner assessment methodology, which identifies the activities, accomplishments, and commitments that demonstrate IPC’s level of ServiceNow investment and go-to-market maturity. 

    About IntegrityPro Consulting, LLC

    IntegrityPro Consulting, LLC is a Professional Services and Technology Consulting Firm headquartered in Woodbridge, VA. Founded in 2019, IPC has risen to be one of the top small businesses in the ServiceNow community. With a wide breadth of experience across the Education, Financial Services, Government, Healthcare and Life sciences industries, IPC remains a go-to partner among industry-leading firms. 

    ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.

    Contact Information

    Humza Riaz

    571-552-4610

    ops@integritypro.com

    https://integritypro.com 

    Source: IntegrityPro Consulting, LLC

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