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The Paley Center for Media Announces the Agenda for the 2024 Paley International Council Summit: Global Innovators: Defining the Future of Media

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This Year’s Summit to Take Place at The Paley Museum November 12–13

Speakers Include: Zanny Minton Beddoes, Frank A. Bennack, Jr., Aryeh B. Bourkoff, Keia Clarke, Mike Fries, Commissioner Don Garber, Dr. Robert M. Gates, Bianna Golodryga, Ramin Hasani, Steve Hasker, Janet Haven, Almar Latour, Cynthia Littleton, John C. Malone, Dennis Mathew, Crystal McCrary, Jonathan Miller, Jonathan Nolan, Andrew Olmem, Richard L. Plepler, Robert E. Rubin, The Honorable Dr. Kevin Rudd, AC, Faiza J. Saeed, Sowmyanarayan Sampath, David Schwimmer, Commissioner Adam Silver, Robert Silvers, Edward Skyler, Phil Spencer, Kim Stone, Yusuf TayobJessica Toonkel, and Emma Tucker

The Paley International Council Summit Is Made Possible by the Generous Support of Accenture, Hearst, Verizon, and William S. Paley Foundation

NEW YORK, Oct. 1, 2024 /PRNewswire/ — The Paley Center for Media announced today the agenda for the 2024 Paley International Council Summit (“the Summit”), Global Innovators: Defining the Future of Media. The annual event is set to take place November 12–13 at The Paley Museum, located at 25 West 52 Street between 5th and 6th Avenues.

Each year, the Summit convenes the most distinguished global dignitaries, chief executives, and industry thought leaders from some of the world’s top global companies to discuss the most cutting-edge topics and trends throughout the media industry. Chaired by Frank A. Bennack, Jr., this year’s Summit will spotlight the leaders and innovators who are reshaping the media landscape.

The Summit will feature The Henry A. Kissinger Annual Keynote Address Made Possible by the William S. Paley Foundation, a discussion on current global events with Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO of Hearst and Chairman, The Paley Center for Media; and Dr. Robert M. Gates, 22nd U.S. Secretary of Defense and Principal at Rice, Hadley, Gates & Manuel, LLC.

“This year’s Paley International Council Summit will welcome some of the most influential thought leaders across the globe to discuss how the media industry will evolve going forward,” said Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO of Hearst and Chairman, The Paley Center for Media. “I am looking forward to the many informative and timely conversations that will take place at this year’s Summit.”

“We are honored to present this dynamic schedule of speakers who will lend their unique insights on a diverse array of topics across media, sports, gaming, entertainment, technology, business, government, and more, and explore how these sectors will influence and define the future of media,” said

Maureen J. Reidy, President & CEO of The Paley Center for Media. “We extend our sincerest thanks to Accenture, Hearst, Verizon, and William S. Paley Foundation for their invaluable support of this year’s Paley International Council Summit.”

Since its inception, the Summit has welcomed many illustrious attendees including renowned CEOs, world dignitaries, respected thought-leaders, and top media executives including members of the esteemed Paley Media Council. Paley Media Council Members receive a VIP Delegate pass to the Summit, as well as unparalleled in-person access to timely discussions featuring top industry leaders all year round in both New York and Los Angeles. To learn about the many benefits of Paley Media Council Membership please visit Paley Media Council.

The Paley International Council Summit is made possible by the generous support of Accenture, Hearst, Verizon, and William S. Paley Foundation.

For additional information on the Summit, including delegation registration information and speaker information, please visit paleycenter.org/paleysummit.       

2024 Paley International Council Summit Agenda:

Chairman’s Opening Night Reception: Monday, November 11 at 6:00 pm at the Hearst Tower, 300 West 57 Street

Day 1: Tuesday, November 12

9:30 – 9:40 am    

The Paley Center for Media Welcome

Speakers:

Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media

Maureen J. Reidy, President & CEO, The Paley Center for Media

9:40 – 10:10 am              

Navigating the New Media Landscape
The global media landscape is undergoing significant transformation, presenting both new challenges and new opportunities. Media companies must adapt to changing consumer behaviors and leverage emerging technologies effectively to thrive in this rapidly evolving environment. Join Liberty Global Chairman John C. Malone and Liberty Global CEO Mike Fries for their annual wide-ranging conversation on the state of the new media landscape, which is always a Paley International Council Summit highlight. 

Speakers:

John C. Malone, Chairman, Liberty Media, Liberty Broadband, and Liberty Global (Virtual)

Mike Fries, Chief Executive Officer, Liberty Global (Virtual)

10:15 – 10:45 am           

Kicking Forward: MLS Growth and Future Horizons
Major League Soccer (MLS) has undergone a transformative change over the past twenty-five years under the stewardship of Commissioner Don Garber, who has overseen the league’s impressive expansion from ten teams in 1999 to an anticipated thirty teams by 2025. Learn why Garber and the league’s owners emphasize the importance of connecting all aspects of a team—players, fans, stadium, and community—while maintaining a focus on delivering a winning product on the field, as well as embracing innovative new technology initiatives. This will provide valuable insights into the strategies that will drive MLS’s continued growth and its aspiration to become a leading soccer league globally, as North America prepares to host the World Cup in 2026. 

Speaker:

Don Garber, Commissioner, Major League Soccer

10:50 – 11:30 am           

New Media Landscape Production
Richard L. Plepler, Founder & CEO, EDEN Productions, and Faiza J. Saeed, Presiding Partner, Cravath, Swaine & Moore LLP, discuss the drivers of success in talent-centric businesses. 

Speakers:

Faiza J. Saeed, Presiding Partner, Cravath, Swaine & Moore LLP 

Richard Plepler, Founder & CEO, EDEN Productions

12:10 – 12:40 pm           

Source Code: How Hollywood and Video Games Are Leveling Up Together
Amazon Prime Video and Kilter Films’ adaptation of the Fallout video games from Bethesda and Microsoft Gaming exemplifies the evolving relationship between gaming and TV/film. Fallout is one of the highest rated series ever for Amazon Prime, captivating longtime fans of the franchise, attracting a broader audience of newcomers, and helping drive more playtime from new and returning players. Panelists will examine what this collaboration means for the future of video game narratives in mass media and how thoughtful adaptations, experiential activations, and partnerships with gaming communities can bring together the worlds of gaming and general entertainment.

Speakers:

Phil Spencer, CEO, Microsoft Gaming

Jonathan Nolan, Director, Executive Producer, Fallout

Moderator:

Cynthia Littleton, Co-Editor-in-Chief, Variety

12:45 – 1:15 pm               

Women’s Sports Grab the Spotlight
Women’s sports are currently experiencing an unprecedented surge in visibility and recognition, marking a significant turning point in the sports landscape. This momentum is exemplified by record-breaking viewership for events like the NCAA women’s basketball championship, which attracted more viewers than the men’s final for the first time in history. More recently, the National Women’s Soccer League has broken attendance records this season and nearly doubled its national TV audience, while the WNBA’s regular season ratings hit a twenty-four-year high. This panel will explore the massive boost in women’s sports audiences and attention and look at the necessary next steps to continue growing this momentum.

Speakers:

Keia Clarke, Chief Executive Officer, New York Liberty

Kim Stone, Chief Executive Officer, Washington Spirit

Moderator:

Crystal McCrary, Cofounder, Get to Yes Productions; Cofounder, GameUp

2:15 – 2:45 pm                 

The Henry A. Kissinger Annual Keynote Address Made Possible by the William S. Paley Foundation: The State of the World
On the heels of the pivotal U.S. presidential election, visionary leaders Dr. Robert M. Gates, 22nd U.S. Secretary of Defense; Principal, Rice, Hadley, Gates & Manuel, LLC; and Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media, will share their unparalleled insights on the geopolitical challenges facing the incoming administration, domestic and foreign policy priorities, and prospects for America’s future both at home and on the international stage. 

Speakers:

Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media

Dr. Robert M. Gates, 22nd U.S. Secretary of Defense; Principal, Rice, Hadley, Gates & Manuel, LLC

3:25 – 3:55 pm                 

The Ethical Imperatives of Artificial Intelligence
Artificial Intelligence presents both transformative opportunities and ethical challenges as it becomes increasingly integrated into various aspects of society. The rapid advancement of AI technologies, particularly generative AI, raises critical questions about transparency, fairness, and the preservation of privacy. To navigate these complexities, it is essential to establish robust ethical frameworks that prioritize accountability, fairness, and the minimization of bias in AI applications. This requires collaboration among stakeholders, including technologists, ethicists, and policymakers, to ensure that AI is developed and deployed in ways that align with societal values and promote human well-being.

Speakers:

Zanny Minton Beddoes, Editor-in-Chief, The Economist

Ramin Hasani, Co-Founder and CEO, Liquid AI

Janet Haven, Executive Director, Data & Society

Moderator:

Jonathan Miller, CEO, Integrated Media Company

4:15 – 4:45 pm                 

Global Economic Outlook in the Post-U.S. Election Landscape
This panel will examine the global economic outlook following the U.S. presidential election, highlighting the headwinds and tailwinds that will shape the world economy. How will the election results influence international trade policies, geopolitical dynamics, and market trends? Key topics will include potential shifts in global relations, the future of trade agreements, and impacts on emerging markets and technologies alongside challenges like inflation and supply chain disruptions.

Speakers:            

David Schwimmer, CEO, London Stock Exchange Group

Robert E. Rubin, Former U.S. Treasury Secretary; Chairman Emeritus, Council on Foreign Relations

The Honorable Dr. Kevin Rudd, AC, Australian Ambassador to the United States; Former Prime Minister of Australia  

Moderator:

Emma Tucker, Editor in Chief, The Wall Street Journal and Dow Jones Newswires

4:50 – 5:20 pm                      

Combatting Cyber Threats
This dialogue will explore the multifaceted cybersecurity threats posed by foreign adversaries to the United States, with a particular focus on election security and the private sector’s vulnerabilities. Nation-states such as Russia, China, Iran, and North Korea engage in cyber operations that not only target critical infrastructure and sensitive data but also seek to undermine trust in democratic processes through disinformation and election interference. Media companies play a crucial role in this landscape, as they can be exploited to spread false information, further eroding public trust. Additionally, the private sector, which manages significant national security-related activities, faces substantial risks from cyberattacks on valuable customer data, underscoring the need for enhanced cybersecurity measures to protect both economic and democratic foundations.

Speaker:

Robert Silvers, Undersecretary for Strategy, Policy and Plans, U.S. Department of Homeland Security

5:25 – 5:55 pm                 

The Power of Consumer Insights and Effective Leadership
Broadband companies are increasingly recognizing the vital role of consumer insights and strong leadership in today’s competitive media landscape. By leveraging data analytics and customer feedback, companies can improve the overall customer experience and adapt to changing expectations. Hear why visionary leadership is crucial for navigating challenges posed by streaming services and emerging technologies. This session will explore why leaders who embrace innovation and make data-driven decisions are better positioned to guide their organizations through digital transformation and seize new opportunities in broadband and wireless markets.

Speaker:

Dennis Mathew, Chairman and Chief Executive Officer, Altice USA 

Moderator:

Jessica Toonkel, Deputy Media Editor, The Wall Street Journal 

6:00 – 6:05 pm                 

Closing Remarks

Speaker:

Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media

 

Day 2: Wednesday, November 13

9:00 – 9:10 am                 

Opening Remarks

 

Speakers:

Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media

Maureen J. Reidy, President & CEO, The Paley Center for Media

9:10 – 9:40 am                 

The Future of Sports Media: Insights from Industry Experts
Live sports are navigating a rapidly evolving global media landscape where the way fans consume content is actively shifting between traditional TV, streaming services, and digital platforms. We will hear from NBA Commissioner Adam Silver along with dealmaker and LionTree CEO Aryeh B. Bourkoff about the state of the industry and how organizations like the NBA can use creative partnerships and innovation to drive fan engagement and increase accessibility of the game around the world.   

Speakers:

Aryeh B. Bourkoff, Chairman & CEO, LionTree LLC   

Adam Silver, NBA Commissioner

9:45 – 10:15 am                               

The Next Chapter of Media:  Consumer Behavior, Content, and Consolidation
Everything old is new again, as the Streaming Wars have entered a new phase: the Great (Re)bundling. No longer content to go it alone, platforms (and competitors) of all sizes are teaming up to bundle their streaming offerings, giving consumers the opportunity to do one-stop shopping at a discounted price. In this modern spin on the classic cable bundle, platforms like Verizon are uniquely positioned to unite some of the biggest players in the content industry while unlocking more value for its customers—and helping to reduce churn across the board. During this conversation, Sowmyanarayan Sampath, CEO of Verizon Consumer Group, will discuss the value of the Bundle 2.0, and how these potent partnerships are presenting a powerful new road map for the industry’s future. 

Speaker:

Sowmyanarayan Sampath, CEO, Verizon Consumer Group

10:20 – 10:50 am           

Election Aftermath: Business Strategies in a Changing Economy
What does the outcome of the 2024 U.S. election mean for the private sector and how are companies preparing for it? This conversation will examine the evolving landscape for businesses and how they might reassess their plans in light of potential changes in social and economic priorities, foreign policy, and willingness to engage with the business community.

Speakers:

Edward Skyler, Head of Enterprise Services & Public Affairs, Citi

Andrew Olmem, Managing Partner, Mayer Brown, Former Deputy Director of the White House National Economic Council

10:55 – 11:05 am           

Harnessing Generative AI for Strategic Enterprise Reinvention
Based on newly launched research, Accenture CMT Industry Practices Chair Yusuf Tayob, will highlight the latest trends surrounding generative AI’s role in transforming enterprise operations. This brief presentation will reveal how leading organizations are leveraging generative AI to foster rapid innovation and drive significant improvements in productivity and profitability. Join us to understand why generative AI is more than a technological upgrade; it’s a pivotal enabler of comprehensive business transformation.

Speaker:

Yusuf Tayob, Global Communications, Media & Technology Industry Practices Chair, Accenture

11:50 am – 12:20 pm     

Getting to the Truth: A Global Perspective on News and Journalism
This compelling conversation will explore the state of journalism and news in the aftermath of the U.S. election, along with its global implications. The discussion will examine the domestic media landscape, and the challenges reporters face worldwide, including attacks on the free press and the spread of disinformation. A significant focus will be on the plight of journalists around the world, highlighting the risks and resilience of those committed to truth-telling.

Speakers:

Steve Hasker, President and CEO, Thomson Reuters   

Almar Latour, CEO, Dow Jones; Publisher, The Wall Street Journal 

Moderator:

Bianna Golodryga, Anchor and Senior Global Affairs Analyst, CNN

12:25 – 12:30 pm           

Closing Remarks

 

Speaker:

Frank A. Bennack, Jr., Executive Vice Chairman & Former CEO, Hearst; Chairman, The Paley Center for Media

Additional speakers to be announced. Events and participants are subject to change.

About The Paley Center for Media
The Paley Center for Media is a 501(c)(3) nonprofit organization that has proudly made its home in NYC for almost 50 years and operates the iconic Paley Museum. Through its respected programming, the Paley Center leads the discussion about the cultural, creative, and social significance of media, drawing upon its curatorial expertise, an international collection, and close relationships with the media community. The general public can participate in Paley programs in both New York and Los Angeles that explore and celebrate the creativity, the innovations, the talent, and the leaders who are shaping media. The public can also access the Paley Center’s permanent media collection, The Paley Archive, often referred to as a national treasure, containing over 160,000 television and radio programs and advertisements. Through the global programs of its Media Council and International Council, the Paley Center also serves as a neutral setting where media professionals can engage in discussion and debate about the evolving media landscape. Previously known as The Museum of Television & Radio, the Paley Center was founded in 1975 by William S. Paley, a pioneering innovator in the industry. For more information about The Paley Center for Media, and to learn about the Paley Center’s acclaimed programming, please visit paleycenter.org   

About The Paley International Council
The International Council is an invitation-only community comprised of the world’s prominent media, entertainment, and technology executives. The council is chaired by Frank A. Bennack, Jr. The Paley International Council Summit was founded to advance the exchange of ideas and to foster a sense of community among peers. The Summit was first held in 1995 in Italy, and has been held in China, South Africa, Germany, Austria, India, Monaco, Spain, France, Turkey, Mexico, and the United Kingdom.

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Powerfleet Closes Strategic Acquisition of Fleet Complete

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Acquisition Expected to Create a $400m+ Revenue Company, Including $300m+ of Recurring SaaS Revenue, $85m EBITDA, and Significant Expansion Opportunities

WOODCLIFF LAKE, N.J., Oct. 1, 2024 /PRNewswire/ — Powerfleet, Inc. (Nasdaq: AIOT) has successfully closed the previously announced acquisition of Fleet Complete, a prominent player in connected vehicle technology and fleet management.

With 2.6 million total combined subscribers and forecasted combined revenue of over $400 million, including more than $300 million of recurring SaaS revenue, this transformative acquisition is expected to solidify Powerfleet’s position as a true global leader in the rapidly expanding AIoT market.

“We are thrilled to have completed this transformative and highly accretive transaction. This acquisition immediately scales our presence in both North America and Europe while unlocking substantial top-line growth opportunities through Fleet Complete’s established indirect channel partnerships, particularly in the U.S. and Canada. Moreover, the acquisition enhances Unity’s data ingestion and integration capabilities, adding 600,000 new subscribers while expanding cross-sell opportunities and strengthens our position in the fast-growing AI-powered video market with Fleet Complete’s FC Vision solution,” said Steve Towe, CEO of Powerfleet. “We are excited to welcome Fleet Complete to the Powerfleet family and are confident in our ability to deliver enhanced shareholder value moving forward.”

ABOUT POWERFLEET
Powerfleet (Nasdaq: AIOT; JSE: PWR) is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry. With more than 30 years of experience, Powerfleet unifies business operations through the ingestion, harmonization, and integration of data, irrespective of source, and delivers actionable insights to help companies save lives, time, and money. Powerfleet’s ethos transcends our data ecosystem and commitment to innovation; our people-centric approach empowers our customers to realize impactful and sustained business improvement. The company is headquartered in New Jersey, United States, with offices around the globe. Explore more at www.powerfleet.com.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of federal securities laws. Powerfleet’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements may be identified by words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions.

These forward-looking statements include, without limitation, Powerfleet’s expectations with respect to its beliefs, plans, goals, objectives, expectations, anticipations, assumptions, estimates, intentions and future performance, as well as anticipated financial impacts of the acquisition of Fleet Complete. Forward-looking statements involve significant known and unknown risks, uncertainties and other factors, which may cause their actual results, performance or achievements to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. Most of these factors are outside Powerfleet’s control and are difficult to predict. The risks and uncertainties referred to above include, but are not limited to, risks related to: (i) the ability to realize the anticipated benefits of the acquisition of Fleet Complete; (ii) the ability to successfully integrate the businesses; (iii) disruption from the acquisition of Fleet Complete making it more difficult to maintain business and operational relationships; (iv) the negative effects of the consummation of the acquisition of Fleet Complete on the market price of Powerfleet’s securities; (v) significant transaction costs and unknown liabilities; (vi) litigation or regulatory actions related to the acquisition of Fleet Complete; and (vii) such other factors as are set forth in the periodic reports filed by Powerfleet with the Securities and Exchange Commission (“SEC”), including but not limited to those described under the heading “Risk Factors” in its annual reports on Form 10-K, quarterly reports on Form 10-Q and any other filings made with the SEC from time to time, which are available via the SEC’s website at http://www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those indicated or anticipated by these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.

The forward-looking statements included in this press release are made only as of the date of this press release, and except as otherwise required by applicable securities law, Powerfleet assumes no obligation, nor does Powerfleet intend to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances.

Powerfleet Investor Contacts
Carolyn Capaccio and Jody Burfening
LHA Investor Relations
AIOTIRTeam@lhai.com

Powerfleet Media Contact
Jonathan Bates
jonathan.bates@powerfleet.com
+44 7921 242 892

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LMU Receives $5 Million from W.M. Keck Foundation to Support New Engineering Innovation Complex

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LOS ANGELES, Oct. 1, 2024 /PRNewswire/ — Loyola Marymount University has received a $5 million grant from the W.M. Keck Foundation in support of the new Engineering Innovation Complex (EIC), a planned capital expansion for LMU Frank R. Seaver College of Science and Engineering.

The Keck Foundation has supported the university for more than four decades with grants now totaling $9 million. Their latest gift is the first in the match of the Thomas and Dorothy Leavey Foundation’s $25 million lead gift to the EIC, offering a vote of confidence to inspire other potential donors with the importance of this project.

“The Leavey Foundation issued a galvanizing challenge, and I am heartened that the Keck Foundation responded so generously in an affirmation of their commitment to STEM education in Southern California,” said Peter Wilch, senior vice president for University Advancement. “The EIC will be among the most impactful capital projects for Seaver College in a generation and significantly improves both the teaching and learning experience. I am deeply grateful to the Keck Foundation for its pacesetting contribution.”

Added Stephen M. Keck, co-chair and co-chief executive officer of the Keck Foundation: “We are pleased to continue the foundation’s support for Seaver College, especially because the EIC will give generations of LMU students opportunities for learning, discovery, and creativity.”

With best-in-class facilities for research, learning, and discovery, the EIC will expand the university’s leadership in STEM education, helping to accelerate new technologies and scientific advances. In addition to housing classes in engineering, computer science, physics, and health care systems engineering, the facility will support interdisciplinary research programs that are a hallmark of integrative scholarship. Collaborative spaces for learning and research, advanced maker spaces, teaching laboratories, and community spaces will enable Seaver College students and faculty to work with industry partners dedicated to innovation in STEM both within and beyond the university, particularly among LMU’s neighbor institutions along Southern California’s technology corridor.

“The W.M. Keck Foundation recognizes the value and impact of interdisciplinary work,” noted Joseph Day, co-chair and co-chief executive officer. “We are excited for the EIC’s flexible labs and community spaces to foster scientific collaboration and advance undergraduate STEM education at LMU.”

Seaver College Dean Tina Choe expressed gratitude for the Keck Foundation’s many years of support for the college, particularly grants that have funded labs for computer science and biology. “The imprimatur of the Keck Foundation will inspire confidence in prospective funders to the EIC,” Choe said.

The EIC will use modern architectural touchstones that are built for the future with a focus on flexibility and sustainability. A module-based layout will provide the ability to reconfigure teaching and research spaces to respond to changing needs and to opportunities for specialized hubs that address key areas for investigation. The Leavey Foundation’s lead gift matches new commitments to the EIC from donors on a dollar-for-dollar basis up to $25 million through Dec. 31, 2026.

About Loyola Marymount University

Loyola Marymount University is ranked among the nation’s premier colleges and universities by U.S. News and World Report, which places LMU among the country’s top 50 private and top five Jesuit universities, and California’s top six private schools. Founded in 1911, LMU is a Catholic, Jesuit, and Marymount university with more than 7,100 undergraduate students and more than 3,000 graduate and law students. LMU offers 56 undergraduate majors and 56 minor programs, along with 46 master’s degree programs, four doctorate programs and 12 credential/authorization programs. LMU’s intercollegiate athletics teams compete in the West Coast Conference with 14 Division I and varsity sports.

LMU news and events are found at: www.lmu.edu/news.

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Sunwest Bank Adds Mike McKean as SVP, Director of Treasury and Payments

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McKean Joins Sunwest with Over 25 Years of Banking Experience

SANDY, Utah, Oct. 1, 2024 /PRNewswire/ — Sunwest Bank is pleased to welcome Mike Mckean as its new SVP, Director of Treasury and Payments. In this role, McKean will lead the banks Deposit growth, payments strategy and sales across multiple states and divisions. Under his direction the Treasury and Relationship teams will provide consultative liquidity and working capital diagnostics to streamline payment processing, improve efficiencies and maximize working capital.

“We are thrilled to welcome Mike to the Sunwest Bank team,” said Robert Faver, Sunwest Bank EVP, Managing Director of Commercial Banking. “Mike’s depth of experience in treasury and payment solutions will provide our clients additional resources unique to Sunwest. Additionally, Mike has worked in industries that we feel complement well our robust product offering.” 

Prior to joining Sunwest Bank, McKean spent 4 years at Umpqua Bank leading the Treasury sales division and helping to grow sales production from $1MM to over $10MM. He also spent 8 years at USBank leading the Working Capital Consulting Division as well as 12 years in payments at JPMorganChase. He has extensive experience in payments and payments automation including payables and receivables management, commercial card, faster payments and working capital management. McKean started his career at First USA/Paymentech helping to launch the industry’s first internet based commercial card reporting solution.

McKean attended Weber State University and University of Phoenix studying Business Administration. He is a member of the Board of Directors for Wespay, an innovative payments association dedicated to guiding members through the ever-changing payments industry with education, information, advisory and advocacy services. Mike also served as an elected official for Plain City Utah as City Councilman. He is a lifetime Utahn and resides in Northern Utah with his wife Tammy and 4 children.

“I am thrilled to be a part of an entrepreneurial business bank that provides excellent service to entrepreneurs and businesses,” said Mike McKean, Sunwest Bank SVP, Director of Treasury and Payments. “Sunwest is a leader in Technology and payments integration combined with a seasoned and talented relationship team that knows how to maximize a business’s working capital. It is refreshing to be a part of a bank built by entrepreneurs for entrepreneurs.”

To learn more about Sunwest Bank, visit https://www.sunwestbank.com/.

About Sunwest Bank
Founded in 1969, Sunwest Bank is a privately held commercial bank with more than $3.0 Billion in assets. Headquartered in Sandy, UT, with operations in California, Arizona, Idaho, Utah, and Florida; Sunwest is an entrepreneurial business bank with a long tradition of providing excellent service to entrepreneurs, privately held corporations, family offices, small-medium sized business and real estate developers throughout the Western United States. Sunwest Bank is a Member FDIC and Equal Housing Lender.

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