Technology

CoAdvantage appoints current COO John Cumbee as its next CEO

Published

2 weeks ago

November 6, 2024

The industry veteran will transition to lead the company in January 2025

BRADENTON, Fla., Nov. 6, 2024 /PRNewswire-PRWeb/ — CoAdvantage, a leading provider of strategic human resource solutions for small to mid-sized companies, and one of the nation’s largest privately held Professional Employer Organizations (PEOs), announced today that John Cumbee, current COO, has been named the company’s next CEO, effective January 2025. With this change, current CEO Clint Burgess will transition to serve as Special Advisor to the business and remain as a board member.

“I’m excited to continue our work to deliver the ideal customer experience through our people and proprietary technology, CoAdQuantum, to meet our customers’ needs. The potential at CoAdvantage is unlimited and I look forward to leading us through this next phase of growth.” – John Cumbee, COO

“The timing of this transition leaves CoAdvantage in a strong position to continue building upon our business strategy, growth, and technology in support of our customers,” said Burgess. “Over the last two years John has had significant impact across the business and I am confident he is the right person to lead CoAdvantage in its next chapter and drive the company forward as an industry innovator. Leading CoAdvantage as CEO has been a privilege and the highlight of my more than 30-year career. I want to thank our exceptional employees and leadership team for working together to achieve significant business success through their unwavering support and dedication to our clients.”

Cumbee joined CoAdvantage in 2022 as chief operating officer with more than a decade of leadership experience in human capital management and digital solutions, leading the operations of the company including technology, marketing, sales, customer service, and human resources. During his time with CoAdvantage he has focused on improving the company’s scalability, with an emphasis on technology development, to further serve its customer base. Prior to CoAdvantage, Cumbee served in various leadership positions at Paychex, including general manager of SurePayroll, a technology subsidiary of the business. Cumbee’s promotion to company CEO reflects a multi-year organizational succession plan.

“I want to thank Clint and our board of directors for the opportunity to lead CoAdvantage,” said Cumbee. “Over the past two years it has been very clear that CoAdvantage stands out in no small part because of the expertise and dedication of our employees as well as the strong leadership provided by Clint. I am grateful for our teams who relentlessly support the success of businesses across North America. I’m excited to continue the work we have started to deliver the ideal customer experience through our people and proprietary technology, CoAdQuantum, to meet our customers’ needs as they grow. The potential at CoAdvantage is unlimited and I look forward to leading us through this next phase of growth.”

About CoAdvantage
CoAdvantage is a leading professional employer organization (PEO) that partners with small and mid-sized businesses nationwide to provide comprehensive HR solutions. By outsourcing key HR functions — such as payroll, benefits, risk management, and compliance — businesses can reduce administrative burden and focus on growth and profitability.

Visit http://www.coadvantage.com to learn more.

Media Contact

Mike Petchenik, Liger Marketing, 404-832-5143, mike.petchenik@ligerpartners.com, https://www.coadvantage.com/

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SOURCE CoAdvantage

Technology

Oberon Securities Advises Keens Steakhouse in Sale Transaction

Published

1 hour ago

November 23, 2024

Oberon Securities acted as exclusive advisor to Keens Steakhouse in the sale transaction.

NEW YORK, Nov. 23, 2024 /PRNewswire-PRWeb/ — Oberon Securities, a New York-based middle market investment banking firm, acted as exclusive advisor to Keens Steakhouse in the sale transaction announced yesterday.

With more than 70 senior bankers serving businesses across the country and around the world, Oberon is one of the fastest growing New York City based middle-market investment banking firms. Its clients benefit from the market credibility associated with the firm’s longstanding relationships with many of the nation’s largest and most prestigious institutional investors. Oberon’s approach has generated numerous long-term, multi-transaction client engagements and attracted investment bankers who have spent their careers working with middle-market companies.

Media Contact

Steven Alschuler, Oberon Securities, 1 917-647-2151, steve@alschulerpr.com, https://oberonsecurities.com/

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SOURCE Oberon Securities; Oberon Securities

Technology

Specified Technologies Inc. Unveils Firestop Clash Management and Locator Updates

Published

4 hours ago

November 23, 2024

SOMERVILLE, N.J., Nov. 23, 2024 /PRNewswire/ — Specified Technologies Inc. has announced their latest Firestop Clash Management (FCM) and Firestop Locator (FSL) releases. FCM automates the process of locating and assigning firestop solutions to conditions within Autodesk® Revit®, enabling firestop novices to find firestop solutions like a firestop expert. In this latest release, STI has further expanded the capabilities of FCM by integrating it with their firestop documentation and compliance tool, Firestop Locator (FSL). FSL enables contractors and facilities’ teams to document the status, location, and products used for any and all fire life safety services across a building.

In the latest update for FSL, teams can now create custom items to track any service on their project beyond the base six (Penetration, Joint, Extinguisher, Door, Damper, and Barrier). Teams can also modify the base six items to include project specific inspection and maintenance requirements and any other details that they would like to be tracked.

With this new integration, decisions made during the design phase of a building using FCM are seamlessly passed into FSL during the construction phase, giving implementation teams a jump start on work to be done. This integration also improves data integrity and eliminates the guesswork in the field of determining what firestop systems and products are to be used where.

“We’re proud of the latest releases of FCM and FSL and look forward to continuing to support the fire life safety community,” says Justin Pine, Sr. Manager of Software & Services.

Specified Technologies Inc. promotes life and building safety by developing innovative fire protection systems and accompanying digital tools that help stop the spread of fire, smoke, and hot gases. Our SpecSeal® and EZ Path® product lines are engineered for easy installation and deliver powerful performance, often resulting in lower installed costs. Since firestopping is our only business, we concentrate all our resources on providing the highest quality, fully tested, innovative firestopping solutions.

Contact: Jess Bern; jbern@stifirestop.com

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SOURCE Specified Technologies, Inc.

Technology

ZICC: Internet Experts Pay Attention to the Development of Artificial Intelligence

Published

5 hours ago

November 23, 2024

BEIJING, Nov. 23, 2024 /CNW/ — During the Wuzhen Summit of the World Internet Conference, ZICC interviewed Internet experts from all over the world.

Lampros Sterg, UNESCO Chair in AI & Data Science, said that AI can accelerate social progress, but it needs to be used properly to avoid its negative effects in order to benefit citizens and society. Latif Ladid, the president of the IPv6 Forum, called for the establishment of a global governance system to allow artificial intelligence technology to serve humanity for good. South Korean computer scientist Kilnam Chon shared insights on AI’s positive role in healthcare. He urged global efforts to ensure AI safety and prevent its misuse in weapons. Indian entrepreneur Bibin Babu said he believes that AI will not replace humans, but will create more new jobs.

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SOURCE ZICC