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Ocean Outdoor announces Group CEO succession plan

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Current COO and CFO Stephen Joseph appointed Chief Executive Officer Tim Bleakley to become Chairman upon transition in January 2025

LONDON, June 3, 2024 /PRNewswire/ — Ocean Outdoor, the digital out of home (DOOH) advertising company, today (3 June) announced that Stephen Joseph, Ocean’s COO and CFO, has been appointed the Group Chief Executive Officer, effective 1 January 2025. Stephen will succeed Tim Bleakley who will become Chairman of Ocean’s Board of Directors upon the transition as part of a long-planned CEO succession process.

 

 

Stephen joined Ocean in 2009 and has helped guide the Company’s development into the dynamic DOOH leader that it is today.

Tim, incoming Chairman, said: “It has been a privilege to lead the Ocean team over the last 14 years, and I am incredibly proud of the tremendous progress that Stephen, the team and I have achieved together, including becoming a world recognised brand with best-in-class technology and premium locations in key markets.

“As we enter the next stage of our journey, now is the right time for a transition of leadership. Stephen is a proven leader with deep expertise in the outdoor advertising business, and he is the right person to lead Ocean in the company’s next phase of growth. I look forward to continuing to work closely with Stephen and the Board to ensure a seamless transition and execute on our ambitious plans.”

Stephen added: “I am honoured to assume the Group CEO role of Ocean, a company that has been synonymous with innovation and challenging the status quo, creating iconic and award-winning moments and campaigns in iconic locations through the art of outdoor. 

“Under Tim’s leadership, Ocean has grown and pushed boundaries across the media landscape. As we move into an exciting new chapter for Ocean, we will continue to evolve by drawing on the same ethos, creativity and culture that’s driven our success for so many years. I want to thank Tim for his outstanding leadership and friendship, and I look forward to continuing to work together in our new roles starting next year.”

Melissa Bethell, current Board Chair of Ocean, added: “On behalf of Atairos, Ocean’s majority owner, and the full Ocean Board, I would like to thank Tim for his leadership and many contributions to Ocean over his tenure. Tim oversaw Ocean’s transformation from a start-up of nine people into a creative force and DOOH leader across seven European countries, including most recently expanding into Germany, one of Europe’s largest media markets.”

Melissa concluded: “Tim has worked closely with the full Board to develop a thoughtful and robust succession plan, for which we are immensely grateful. Under Stephen’s leadership and with Tim’s continuing guidance as Board Chairman, we are confident that Ocean’s best days lie ahead.”

About Ocean Outdoor

A partner company of Atairos, an independent strategic investment company, Ocean Outdoor is the leading operator of digital out of home (DOOH) advertising across the UK, Northern and Continental Europe. The Group’s network of 4,000+ screens covers seven countries and 353 cities, with its technological capabilities delivering the most impactful and measurable DOOH brand and advertising experiences.

Ocean’s portfolio comprises of some of the most iconic locations including the Piccadilly Lights and the BFI IMAX and the company also works closely with high-profile landlords, including Landsec, Unibail-Rodamco-Westfield (URW), the BFI, Nuveen and the Canary Wharf Group, as well as major city councils on the development of its network.

To date the Group’s growth has been driven by tender wins and the rollout of new locations, as well as acquisitions that complement the existing portfolio. Since 2018, Ocean has completed seven acquisitions which has enabled it to expand its UK footprint into the Netherlands and the Nordics. Ocean Outdoor Germany was launched this year.

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Logo – https://mma.prnewswire.com/media/2424699/Ocean_Logo.jpg

 

 

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Nexar Appoints Zach Greenberger as Chief Executive Officer, Luc Vincent as Chief R&D Officer To Scale Real Insights For The Real World

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NEW YORK, Sept. 19, 2024 /PRNewswire/ — Nexar, a leading AI mobility company, announced today the appointments of Zach Greenberger as its new Chief Executive Officer and Luc Vincent as its new Chief R&D Officer, effective tomorrow, Friday, September 20, 2024. Greenberger succeeds co-founder Eran Shir, who has successfully led the company since its founding and will transition to the role of Chief Product Officer. Shir’s co-founder Bruno Fernando-Ruiz will also remain on board as Chief Technology Officer.

“Bruno and I have always been focused on building next-generation technologies that create real value for our customers and the world around us. All of our hard work over the years has intently led us to this moment where we are prepared to meet the quickly evolving AI market where it has significant needs,” said Shir. “We couldn’t be more thrilled to bring both Zach and Luc on board, whose leadership, vision, and ability to execute will bring us to new heights. We can’t wait to partner with Zach and Luc as we build the world’s best vision AI company.”

Greenberger’s Next Chapter: From Lyft to Nexar
Greenberger brings a wealth of experience to Nexar. Having most recently served as Chief Business Officer at Lyft, where he was instrumental in driving growth to the platform through strategic partnerships, leading the company’s efforts into media and advertising, and growing new business segments like their Healthcare and B2B programs. Zach has also previously held leadership and management roles at IBM and Tesla.

“We are confident that Zach is the ideal leader to guide Nexar through its next phase of growth and innovation,” said Michael Eisenberg, General Partner at Aleph and Nexar board member. “His background makes him uniquely equipped to scale the business to new heights. The board has full faith in Zach’s vision and leadership to build on our strong foundation and push the boundaries of what we can achieve as a company.”

“I am truly humbled and excited to join this incredible team at Nexar,” said Greenberger. “From the moment I met Eran and Bruno, I knew this company was poised for great success. I see immense potential for us to meet the ever-evolving market needs and lead Nexar into its next chapter.”

As the new CEO, Greenberger will focus on leading the company through its next phase of growth and commercializing one of the world’s largest crowdsourced video data repositories, with over 59 million videos, 5 trillion images, 40 million daily map updates, and 200 million monthly miles driven, ensuring that Nexar continues to meet the evolving needs of its customers and stakeholders.

Vincent’s Roadmap: Steering Nexar’s R&D Toward a Data-Driven Future
Joining Greenberger on the leadership team as the new Chief R&D Officer is Luc Vincent. Luc’s experience spans over two decades bootstrapping and leading teams working on state-of-the-art computer vision and AI for the real world. He is widely credited as being the founder of Google Street View, a groundbreaking product that demonstrated the value of street-level imagery at scale. Luc also founded the Lyft Level 5 autonomous driving division in 2017, leading the division until its successful exit to Toyota in 2021. More recently, Luc was Vice President of AI at Meta, supporting one of the company’s AI Innovation Centers, and Chief Product & Technology Officer at Hayden AI, deploying innovative edge AI on municipal buses.

“For most of my career, I have led the development of novel AI products, leveraging imagery and other sensor data collected at the edge,” says Vincent. “The biggest challenge is really data collection. Especially in the new world of foundation AI models, the ability to collect useful data at scale inexpensively is a critical enabler. And this is why I am so excited about Nexar: they have been working on this problem for many years, with razor sharp focus, and they have cracked the data challenge. By harnessing the scale of the Nexar community, we are in a position to build solutions that are faster, smarter, and more resilient, driving a safer, more connected world. I am excited to get started and be part of this journey.”

For more information about Nexar, please visit www.getnexar.com.

About Nexar
Nexar turns cars into vision sensors to understand the world. Its platform powers vision-connected services and apps at scale, making new vision-based applications for better driving, powered by a crowd-sourced vision feed. Using anonymous, aggregated data captured from this network, Nexar has developed a portfolio of vision-based data services for the autonomous vehicle industry and public and private sector partners to make roadways safer and more efficient. More information at data.getnexar.com.

Photo – https://mma.prnewswire.com/media/2509049/Zach_Greenberger.jpg
Photo – https://mma.prnewswire.com/media/2509139/Luc_Vincent.jpg
Logo – https://mma.prnewswire.com/media/2509048/Nexar_Logo.jpg

 

 

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Employee Background Check Software Market Size to Grow USD 828.8 Million by 2030 at a CAGR of 4.9% | Valuates Reports

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BANGALORE, India, Sept. 19, 2024 /PRNewswire/ — Employee Background Check Software Market is Segmented by Type (Cloud-Based, On Premises), by Application (SMEs, Large Enterprises): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Employee Background Check Software Market was valued at USD 587 Million in 2023 and is anticipated to reach USD 828.8 Million by 2030, witnessing a CAGR of 4.9% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Employee Background Check Software Market:

The employee background check software market is growing due to increasing demands for secure hiring processes and regulatory compliance, especially in industries such as finance, healthcare, and IT. As companies look to reduce risks associated with fraud, legal liabilities, and workplace safety, background checks are becoming a critical part of recruitment processes. The rise of remote work has further accelerated the need for digital solutions. However, challenges include concerns over data privacy and varying legal frameworks across regions, which may slow adoption in some areas.

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TRENDS INFLUENCING THE GROWTH OF THE GLOBAL EMPLOYEE BACKGROUND CHECK SOFTWARE MARKET:

Cloud-based background check software is gaining traction due to its scalability, remote access, and cost-effectiveness. With cloud-based systems, businesses can streamline their hiring processes, particularly when operating across multiple locations. The ability to access data and conduct checks in real-time is highly valuable for organizations managing large workforces or remote employees. The flexibility and lower upfront investment of cloud-based solutions make them popular among businesses seeking efficient and adaptable systems for their recruitment processes.

On-premises solutions remain important for organizations with strict security and data control requirements, such as those in government, defense, or finance. These companies often need complete ownership of their data, which on-premises software offers, reducing the risk of external breaches. Although it requires significant upfront investment and maintenance, on-premises software provides a high level of customization and security. It’s especially useful for businesses dealing with sensitive information and industries where compliance with local data protection laws is critical.

Large enterprises, particularly those operating in regulated industries like banking and healthcare, are the major adopters of employee background check software. These organizations deal with large volumes of hires, making streamlined background checks essential for compliance and operational efficiency. The ability to integrate background check systems with existing HR tools, such as applicant tracking systems, allows large companies to manage their recruitment processes more effectively. The need for comprehensive and accurate background checks is crucial for mitigating risk and ensuring legal compliance.

The rise in remote working has increased the demand for background check software that allows companies to vet employees regardless of their location. Digital background checks, particularly cloud-based ones, make it easier for organizations to screen remote workers efficiently. This trend is expected to continue as more companies adopt hybrid or fully remote work models, where geographical barriers no longer restrict talent acquisition but require thorough and remote-friendly verification processes.

As regulatory frameworks for employment practices become more stringent globally, businesses are increasingly relying on background check software to ensure compliance. Laws like the General Data Protection Regulation (GDPR) in Europe and the Fair Credit Reporting Act (FCRA) in the U.S. have made it mandatory for companies to conduct background checks within specific legal parameters. This has led to increased demand for software solutions that can automate these processes while maintaining compliance with regional and international laws.

A major trend in the employee background check software market is the integration of these solutions with human resources management systems (HRMS). Integrating background checks with HR software streamlines the hiring process by consolidating background checks, employee records, and onboarding into one system. This improves operational efficiency for businesses, particularly large enterprises that handle significant recruitment volumes. Integration with HRMS allows for real-time updates, making background screening an even more integral part of the hiring process.

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EMPLOYEE BACKGROUND CHECK SOFTWARE MARKET SHARE

North America dominates the market due to stringent employment regulations and widespread adoption across industries. Europe is another key region, driven by GDPR compliance and demand in finance and healthcare. The Asia-Pacific region is experiencing rapid growth due to increasing awareness of the importance of background checks, especially in countries like China and India, where digital hiring platforms are becoming more popular. The market is also expanding in the Middle East and Africa as businesses prioritize secure hiring practices.

Key Companies:

HireRightGoodHireCheckrSterlingHireologyINTELIFIGood EggPeopleG2VitayCertnGlobal HR ResearchVeritable ScreeningXrefZincPaycomADPVICTIGIntelliCorp (Cisive)SpringVerifyAsurintUniversalAssureHireVerified FirstHireSafe

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Employer of Record Services market was valued at USD 128.2 Million in 2023 and is anticipated to reach USD 196 Million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.

–  Employee Engagement Platform market was valued at USD 805 Million in 2023 and is anticipated to reach USD 2217.4 Million by 2030, witnessing a CAGR of 15.5% during the forecast period 2024-2030.

–  Employee Advocacy Platforms market was valued at USD 533 Million in 2023 and is anticipated to reach USD 1020.8 Million by 2030, witnessing a CAGR of 9.7% during the forecast period 2024-2030.

–  Employee Feedback Software market is projected to grow from USD 499.5 Million in 2024 to USD 1287.8 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period.

–  Employee Productivity Tracking Software market is projected to reach USD 311.8 Million in 2029, increasing from USD 219 Million in 2022, with the CAGR of 5.2% during the period of 2023 to 2029.

–  Employee Feedback Software market is projected to grow from USD 499.5 Million in 2024 to USD 1287.8 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period.

–  Employee Rewards and Recognition Software Market

–  Employee Productivity Monitoring Software Market

–  Employee Recognition Software market was valued at USD 2247 Million in 2023 and is anticipated to reach USD 4186.4 Million by 2030, witnessing a CAGR of 8.9% during the forecast period 2024-2030.

–  Employee Lockers Market

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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First Publication of Canada’s Intelligence Priorities

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OTTAWA, ON, Sept. 19, 2024 /CNW/ – The Government of Canada’s first priority is to protect the security and prosperity of our country and our people. It’s important that Canadians be informed of the Government’s work to protect national interests and understand why this work is necessary.

Today, the ministers responsible for Canada’s intelligence community, the Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, the Honourable Dominic LeBlanc; the Minister of National Defence, the Honourable Bill Blair; and the Minister of Foreign Affairs, the Honourable Mélanie Joly published Canada’s first-ever public Intelligence Priorities.

The document provides an overview of the priorities which direct the work of the Canadian intelligence community through 2025. It also provides a consolidated look at the Canadian intelligence community and a summary of how Canada’s intelligence priorities are set. Canada’s core intelligence organizations gather and share various types of intelligence across government and partners act when appropriate, mandated, and authorized.

While the majority of intelligence work must remain classified to protect valuable and sensitive information, as well as sources and methods of gathering such intel, the intelligence community has worked diligently to increase the amount of national security-related information available to the public without compromising Canada’s security or the safety of Canadians.

As part of this important work, the Government is publishing its unclassified Intelligence Priorities, which balances providing necessary information to Canadians while protecting operational integrity and national security.

The Government of Canada will continue working closely with Canadians, as well as review and oversight bodies, to increase public knowledge, awareness, and understanding of intelligence priorities.

Quotes

“Awareness can play a big role in better protecting Canadians from national security threats. Whether it’s knowing who the biggest strategic cyber threats to Canada are or understanding the intent of our adversaries, the national security community is working to ensure Canadians know what to watch for. Publishing our Intelligence Priorities will lead to a better overall understanding of the threat environment, and that’s a vital part of protecting the country.

– The Honourable Bill Blair, Minister of National Defence

“We live in an uncertain world, challenged by complex national security issues. The release of Canada’s Intelligence Priorities is an important step that will allow Canadians to be better informed about the Government’s work in the protection of our national security.”

– The Honourable Mélanie Joly, Minister of Foreign Affairs

“Every day, our national security departments and agencies work tirelessly to protect our country and those who live here. While this work often includes sensitive and classified information, it is critical that we are transparent about how we do this work and why it is necessary, so that Canadians better understand the national security issues that impact them the most.”

– The Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions, and Intergovernmental Affairs

“The release of Canada’s Intelligence Priorities is consistent with the Government of Canada’s commitment to transparency in national security and intelligence. It’s also an important step in addressing recommendations, from Canadian security and intelligence stakeholders and review bodies, about the importance of communicating about the intelligence community and the processes by which it is governed.”

Nathalie G. Drouin, Deputy Clerk of the Privy Council and National Security and Intelligence Advisor to the Prime Minister

Quick Facts

For over 60 years, Cabinet has set Canada’s Intelligence Priorities.This allows for the Government to indicate where the intelligence community should direct its focus, in accordance with their respective mandates and legal frameworks. In increasingly complex global and threat environments, the Priorities ensure that Canada’s intelligence resources are put to best use on issues of the highest interest and need.The Government renews its Intelligence Priorities every two years, based on recommendations from the National Security and Intelligence Advisor to the Prime Minister and the intelligence community.Canada’s core intelligence organizations include the Canada Border Services Agency; the Canadian Security Intelligence Service; the Communications Security Establishment; the Department of National Defence and the Canadian Armed Forces; the Financial Transactions Reports Analysis Centre of Canada; Global Affairs Canada; the Privy Council Office, under the National Security and Intelligence Advisor to the Prime Minister; the Integrated Terrorism Assessment Centre; and the Royal Canadian Mounted Police.Canada has a robust framework for national security and intelligence oversight and review. This includes activities reviews conducted by the National Security and Intelligence Review Agency (NSIRA), the National Security and Intelligence Committee of Parliamentarians (NSICOP) and the Intelligence Commissioner.

Associated Links

Backgrounder: Canada’s Intelligence PrioritiesNational securityNational Security Transparency CommitmentNational Security and Intelligence Committee of Parliamentarians Annual Report 2018National Security Transparency Advisory Group Initial Report: What We Heard In Our First YearLegislative Summary of Bill C-59: An Act respecting national security measures

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