Technology

Benchmark Appoints Bryan Schumaker as Chief Financial Officer

Published

4 hours ago

October 7, 2024

TEMPE, Ariz., Oct. 7, 2024 /PRNewswire/ — Benchmark Electronics, Inc. (NYSE: BHE), a global provider of engineering, design, and manufacturing services, today announced the appointment of Bryan Schumaker as the company’s chief financial officer (CFO) effective October 8. Schumaker brings more than 20 years of financial and leadership experience across public and private sectors, driving growth, operational excellence, and strategic capital management.

“We are thrilled to welcome Bryan to the team as our new Chief Financial Officer,” said Jeff Benck, president and CEO of Benchmark. “With his deep understanding of the manufacturing industry and proven track record of success as a public company CFO, we are confident Bryan will play a key role in our strategic direction while driving operational excellence. We are confident that his expertise will be a tremendous asset to Benchmark as we continue to scale our business and enhance shareholder value.”

Schumaker’s impressive track record as CFO within both the manufacturing and renewable energy sectors positions him as a key contributor to Benchmark’s future success. In his most recent role as CFO of SOURCE Global, Schumaker played a key role in transforming the financial operations of the company, preparing it for public market readiness and leading the development of a global shared service center in Malaysia. His financial leadership contributed significantly to the quadrupling of revenue growth during his two-and-a-half-year tenure, establishing it as a leader in a market-defining industry. Prior to SOURCE Global, Schumaker was the CFO of TPI Composites, Inc. and 8point3 Energy Partners, while previously serving as SVP and Chief Accounting Officer for First Solar Inc.

At Benchmark, Schumaker will be responsible for overseeing the company’s financial operations, including strategic financial planning, capital structure management, and investor relations. His leadership will be critical in driving Benchmark’s growth and ensuring operational excellence as the company continues to capitalize on the significant growth opportunities inherent to its served markets.

“I am excited to join Benchmark at such a pivotal time in the company’s journey,” said Schumaker. “I look forward to working with this talented team to help drive continued success and value for our stakeholders.”

Schumaker holds a Bachelor of Business Administration in Accounting from the University of New Mexico and is a Certified Public Accountant (CPA). His appointment is a continuation of Benchmark’s ongoing commitment to enhancing its leadership strength as the Company continues to expand operations and drive operational excellence. To learn more about Schumaker and Benchmark’s senior leadership team, please visit https://www.bench.com/leadership-team.

About Benchmark Electronics, Inc.
Benchmark provides comprehensive solutions across the entire product lifecycle; leading through its innovative technology and engineering design services; leveraging its optimized global supply chain; and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, medical, complex industrials, and semiconductor capital equipment. Benchmark’s global operations include facilities in seven countries and its common shares trade on the New York Stock Exchange under the symbol BHE.

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SOURCE Benchmark Electronics, Inc.

Technology

NASA Welcomes Dominican Republic as 44th Artemis Accords Signatory

Published

56 mins ago

October 7, 2024

WASHINGTON, Oct. 7, 2024 /PRNewswire/ — The Dominican Republic is the latest nation to sign the Artemis Accords and joins 43 other countries in a commitment to advancing principles for the safe, transparent, and responsible exploration of the Moon, Mars and beyond with NASA.

“NASA is proud to welcome the Dominican Republic signing of the Artemis Accords as we expand the peaceful exploration of space to all nations,” said NASA Administrator Bill Nelson. “The Dominican Republic has made important strides toward a shared future in space and is now helping guide space exploration for the Artemis Generation.”

Sonia Guzmán, ambassador of the Dominican Republic to the United States, signed the Artemis Accords on behalf of the country on Oct. 4. The country also will confirm its participation in a high-level meeting of Artemis Accords signatories taking place Monday, Oct. 14, during the International Astronautical Congress in Milan, where furthering implementation of the principles will be discussed.

“This marks a historic step in our commitment to international collaboration in space exploration,” said Guzmán. “This is not just a scientific or technological milestone – it represents a future where the Dominican Republic contributes to the shared goals of peace, sustainability, and innovation beyond our planet. By joining the global effort to explore the Moon, Mars, and beyond, we are also expanding the opportunities particularly for our young Dominicans in science, education, and economic development.”

In 2020, the United States and seven other nations were the first to sign the Artemis Accords, which identified an early set of principles promoting the beneficial use of space for humanity. The accords are grounded in the Outer Space Treaty and other agreements including the Registration Convention, the Rescue and Return Agreement, as well as best practices and norms of responsible behavior that NASA and its partners have supported, including the public release of scientific data.

The commitments of the Artemis Accords and efforts by the signatories to advance implementation of these principles support the safe and sustainable exploration of space. More countries are expected to sign in the coming weeks and months.

For more information about NASA’s programs, visit:

https://www.nasa.gov/

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SOURCE NASA

Technology

PetSafe® Announces Exciting Deals for Amazon Fall Prime Day

Published

56 mins ago

October 7, 2024

Discover Unbeatable Savings on Training, Containment, and Care Products for Your Beloved Pets This Fall Prime Day!

KNOXVILLE, Tenn., Oct. 7, 2024 /PRNewswire/ — PetSafe®, a leader in pet products and training solutions, is thrilled to share that pet owners can enjoy exclusive discounts on a wide selection of PetSafe® products during Amazon’s Fall Prime Day this October 8th and 9th. This is a fantastic opportunity for pet parents to invest in high-quality training tools and pet care solutions that enhance the lives of their furry companions.

Among the special offers are lightning deals on three featured products: the SportDOG Brand FieldTrainer 425X Remote Trainer, originally priced at $179.95, will be available for just $119.95; the PetSafe Wireless Pet Fence, which typically retails for $289.95, can be purchased for $199.95; and the PetSafe 1-Piece Sliding Glass Pet Door (Large), regularly $179.95, will be available for $129.95.

Additionally, PetSafe® will offer significant discounts on various best-selling items. Customers can find deals on the PetSafe® Easy Walk® Harness, available in multiple sizes and colors, along with the Deluxe Easy Walk® No Pull Harness. Other products include the Invisible Fence Brand Power Cap Battery, the Easysport Harness, and a range of bark control solutions, pet mats, and ramps designed to provide comfort and safety for pets.

These exclusive deals will be available during Amazon’s Fall Prime Day event, allowing pet owners to invest in their pets’ well-being while enjoying fantastic savings. For more details and to explore the full range of products, visit the PetSafe® storefront on Amazon.

For more information, visit PetSafeBrands.com or follow us on social media for the latest updates.

About PetSafe®
PetSafe® is the flagship retail brand of PetSafe Brands™, the world’s leading cat and dog products supplier. As a family of consumer brands that also includes Invisible Fence Brand®, SportDOG®, Kurgo® and Premier Pet®, PetSafe Brands™ is dedicated to unleashing joy for pet families everywhere by keeping pets healthy, safe and happy for a lifetime.

Contact:
Janna Chollet
917-826-8511
JChollet@PetSafe.net

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SOURCE PetSafe®

Technology

CHAI launches API for Social AI after strong Q3 growth hitting 1.2M DAU

Published

56 mins ago

October 7, 2024

CHAI is a Palo Alto based startup that is growing quickly, hitting over 40% growth in Q3 2024. Their team currently consists of 12 engineers and they are aggressively hiring and planning massive expansion

PALO ALTO, Calif., Oct. 7, 2024 /PRNewswire/ — CHAI initially had an app which is used by 1.2 million people a day, but has decided to branch out to offering B2B and B2C API after large demand from companion apps, chat apps, and social platforms.

The API is priced to compete with OpenAI gpt-4o-mini.

CHAI has demonstrated their model has significant uplift in retention and monetization rates for their AI, which has been optimized to be more entertaining, engaging and fun. Whereas most other AI API in the space are still focusing on accuracy and reasoning.

Press Contact:
Tom Lu
+1 (626) 594-8966

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SOURCE Chai