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Coveo Announces Election of Eric Lamarre to Board of Directors and Voting Results for 2024 Annual General Meeting of Shareholders

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MONTREAL and SAN FRANCISCO, Sept. 12, 2024 /CNW/ – Coveo (TSX: CVO), the leading enterprise AI platform that brings AI search and generative AI to every point-of-experience, enabling remarkable personalized digital experiences, today announced that Eric Lamarre was elected to its board of directors for the first time, and announced the voting results for its annual general meeting of shareholders held on September 12, 2024 (the “Meeting”). The detailed results of the votes held at the Meeting are set out below.

Election of Eric Lamarre

Coveo is pleased to announce that Eric Lamarre, a seasoned executive globally known for his expertise in AI and digital transformation, has joined the Coveo board of directors effective as of today.

Throughout his career of 30+ years at McKinsey, most recently as Senior Partner based in the United States, Mr. Lamarre has extensively advised Fortune 500 companies on their most significant business priorities, including AI, digital transformation, productivity improvements, risk management and merger integrations. During his career at McKinsey, Mr. Lamarre served on key governance committees, including on McKinsey’s global board of directors and its Technology and Knowledge committee. He also served as Chair of McKinsey’s Global Acquisition committee, overseeing dozens of acquisitions per year, and led McKinsey’s Digital division in North America, one of McKinsey’s largest operating units with 2,000+ professionals. Mr. Lamarre holds an engineering degree from McGill University a Ph. D. in engineering from MIT, and an MBA from Collège des ingénieurs (Paris). He is the 2023 recipient of the Gluck Lifetime Award, McKinsey’s most prestigious innovation award conferred yearly to one McKinsey partner for his/her exceptional lifetime contributions to developing client service innovations and building new firm capabilities. Hea authored over 30+ business and scientific publications, including the best-selling book Rewired: Outcompeting in the age of digital and AI (2023). He currently sits on the board of directors of AlloProf, an organization focused on K-12 academic success, and of the Montreal Heart Institute Foundation.

“The board could not be more excited to announce that Eric Lamarre is joining us” said Louis Têtu, Chairman of the board and Chief Executive Officer of Coveo. “He brings to the board a critical skillset in digital transformation and AI acquired through decades of advising large enterprises, many of which are clients of Coveo. We wholeheartedly believe that his experience and expertise will be of great benefit to the board and Coveo, and that he will be an instrumental asset to our ambitious goals”.

“I am thrilled to be joining a company of Coveo’s quality, especially at a period where the demand for enterprise-grade AI search solutions and generative experiences is at an all-time high”, said Eric Lamarre. “I believe the market is at an inflection point, and by all accounts, Coveo’s platform is leading the way in the space. There are outstanding opportunities ahead for Coveo, and I am excited at the prospect of contributing to Coveo’s success”.

Results of votes held at the Meeting

Election of Directors

According to votes received, each of the following nine (9) nominees proposed by management was duly elected as a director of the Corporation until the next annual meeting of shareholders, or until such person’s successor is elected or appointed, with the following results:

Director

# of votes FOR

% of votes cast
FOR

# of votes
AGAINST

% of votes cast
AGAINST

Louis Têtu

451,415,609

99.86 %

608,824

0.14 %

Laurent Simoneau

451,500,637

99.88 %

523,796

0.12 %

J. Alberto Yépez

451,108,547

99.80 %

915,887

0.20 %

Shanti Ariker

451,407,697

99.86 %

616,737

0.14 %

Fay Sien Goon

451,633,321

99.91 %

391,113

0.09 %

Isaac Kim

451,493,532

99.88 %

530,901

0.12 %

Valéry Zamuner

450,225,855

99.60 %

1,798,579

0.40 %

Gillian (Jill) Denham

451,656,423

99.92 %

368,011

0.08 %

Eric Lamarre

452,013,099

99.99 %

11,335

0.01 %

Appointment of Auditors

According to votes received, PricewaterhouseCoopers LLP were duly appointed as auditors of the Corporation for the ensuing year, at a remuneration to be fixed by the board of directors of the Corporation, with the following results:

# of votes FOR

% of votes cast
FOR

# of votes
WITHHELD

% of votes cast
WITHHELD

PricewaterhouseCoopers LLP

448,377,157

99.09 %

4,115,607

0.91 %

About Coveo

We strongly believe that the future is business-to-person. That experiences are today’s competitive front line, a make or break for every business. We also believe that remarkable experiences not only enhance user satisfaction but also yield significant gains for enterprises. That is what we call the AI-experience advantage – the degree to which the content, products, recommendations, and advice presented to a person online aligns easily with their needs, intent, preferences, context, and behavior, resulting in superior business outcomes.

To realize this AI-experience advantage at scale, enterprises require a robust, spinal and composable infrastructure capable of unifying content securely and delivering AI search, AI recommendations, true personalization, and a trusted generative experience at every touchpoint with each individual customer, partner and employee. Coveo is dedicated to bringing this advantage to every point-of-experience, using powerful data and AI models to transform the enterprise in commerce, customer service, website, and workplace.

The Coveo platform is ISO 27001 and ISO 27018 certified, SOC2 compliant, and HIPAA compatible, with a 99.999% SLA available. We are a Salesforce AppExchange Partner, an SAPⓇ Endorsed App, an Adobe Technology Gold Partner, a MACH Alliance member, and a Genesys AppFoundryⓇ ISV Partner.

Coveo is a trademark of Coveo Solutions Inc.

Stay up to date on the latest Coveo news and content by subscribing to the Coveo blog, and following Coveo on LinkedIn, Twitter, and YouTube.

SOURCE Coveo Solutions Inc.

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Increff Selects Easyship’s Leading Multi-Carrier API To Help Retailers Navigate Global Shipping

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January 13, 2025

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NEW YORK, Jan. 12, 2025 /PRNewswire-PRWeb/ — Easyship, one of the world’s leading multi-carrier shipping platforms, today announced a new partnership with Increff, a merchandising software leader specializing in inventory and warehouse management.

“By integrating Easyship’s best-in-class shipping technology, we are empowering our clients to scale globally with confidence and access 550+ shipping services,” said Kanika Bhalla, CRO of Increff. “This partnership reflects our commitment to equipping retailers with the tools they need.”

This collaboration marks a significant milestone in Increff’s expansion from a domestic technology powerhouse into North America, Europe, and Asia. By leveraging Easyship’s powerful multi-carrier shipping API, Increff’s 700+ global eCommerce clients can now access seamless logistics solutions spanning 220+ destinations worldwide.

Revolutionizing Logistics & Inventory Management

The integration of Easyship’s advanced shipping technology into Increff’s omnichannel Warehouse Management System (WMS) and Ship from Store solutions empowers retailers to:

Save up to 91% off retail prices on shipping labels, significantly reducing operational shipping costs and boosting store profitability.Access to 550+ courier services worldwide, ensuring unparalleled flexibility and control across North America, Europe, and Asia.An advanced courier selection algorithm that optimizes shipments for cost, speed, and reliability, streamlining domestic and international deliveries.

Driving Global Growth for Retailers

“By integrating Easyship’s best-in-class shipping technology, we are empowering our clients to scale globally with confidence and access more than 550 shipping services,” said Kanika Bhalla, CRO of Increff. “This partnership reflects our commitment to equipping retailers with the tools they need to thrive in competitive markets. Together, we are unlocking new revenue streams for our clients while enhancing their operational efficiency and customer satisfaction.”

This strategic collaboration enables Increff to expand its global footprint while meeting the needs of retailers in competitive markets. It combines advanced inventory management, merchandising, and logistics into one seamless solution, ensuring an optimized and efficient experience for global retailers.

Enhanced Value Through Innovation

With Easyship as its preferred global shipping partner, Increff reinforces its mission to deliver intelligent solutions that improve operational efficiency and elevate the customer experience.

“Partnering with Increff enables us to combine our powerful multi-carrier shipping tools with cutting-edge inventory management, creating a seamless experience for retailers looking to expand globally,” said Tommaso Tamburnotti, Co-Founder of Easyship. “This partnership exemplifies the close synergy between effective inventory management and worldwide logistics technology, enabling retailers to grow faster while streamlining their operations.”

Start Saving On Shipping Costs

Retailers already using Increff’s WMS can now access Easyship’s global courier network, enabling faster delivery to locations like the United States and Canada while saving up to 91% on shipping and fulfillment costs. These benefits demonstrate how the partnership addresses critical challenges for retailers expanding their reach and improving their operational workflows.

NRF 2025 Partnership Launch

The program will officially launch at NRF 2025, with full integration and product availability expected later in the year. Retailers can visit the Increff booth at the annual National Retail Federation’s ‘Retail’s Big Show’ expo for live demonstrations of the new partnership’s capabilities.

About Increff

Increff is a leading retail technology company specializing in solving complex inventory management and supply chain challenges for retailers. With AI-powered merchandising and cloud-hosted omnichannel solutions, Increff helps brands optimize inventory, improve sales performance, and make data-driven decisions. The company’s solutions currently serve over 700 global brands across diverse retail categories, from fashion and electronics to consumer packaged goods.

For more information, visit: www.increff.com

About Easyship

Easyship is a global shipping platform that empowers businesses of all sizes to simplify fulfillment, save on shipping costs, and enhance customer delivery experiences. Trusted by tens of thousands of merchants worldwide, Easyship offers retailers access to a global network of over 550 courier services with discounted rates and advanced shipping and productivity tools to compare carriers, print labels, track shipments, and automate pick and pack processes.

For more information, visit: www.easyship.com

Media Contact

Tommaso Tamburnotti, Easyship, 44 44 7724256658, press@easyship.com, https://www.easyship.com/developers

View original content to download multimedia:https://www.prweb.com/releases/increff-selects-easyships-leading-multi-carrier-api-to-help-retailers-navigate-global-shipping-302348505.html

SOURCE Easyship

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Skyee Receives In-Principle Approval (IPA) for Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS)

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January 13, 2025

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Skyee Pte. Ltd. (“Skyee”) is excited to announce that it has been granted In-Principle Approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Skyee is a wholly owned subsidiary of Skyee Group a Chinese leading cross border payment solution provider in China, Europe, North America and North Asia. If obtained, the MPI license will allow Skyee to service its Singapore market, further enhancing the payment experience for cross-border sellers, streamlining payment processing, increasing efficiency, and reducing operational costs through Account Issuance, Domestic Money Transfer, Cross-border Money Transfer, Merchant Acquisition, and e-Money services.

Skyee Group, established in 2016, has consistently adhered to its mission of “linking the global financial network, building a new payment system, and providing all-around convenience for cross-border fund transfers.” Skyee’s receipt of the IPA from MAS underscores its strong reputation as a responsible digital financial technology company. By continuously optimizing its products and services, Skyee Group has secured strategic investment from Lakala Payment Group, China’s first A-share listed third-party payment company, and has become a member of its group.

Kozen Tan, CEO of Skyee Singapore has spearheaded and actively drive the acquisition of this license and stated, “Being granted this IPA from the Monetary Authority of Singapore is a big milestone for Skyee, especially as we expand our reach and payment services across geographical borders, solidifying our position in one of the most significant financial markets globally”.

This announcement follows Skyee Group track record and contributions to the emerging internet-based global financial system, further cementing its position as a trusted and well-regulated operator.

About Skyee: Based in Guangzhou, China, Skyee is a cross-border payment technology company with offices in Hangzhou, Shenzhen, Hong Kong, Singapore, Los Angeles, London, Tokyo, and Canada. Dedicated to providing innovative payment solutions for users with cross-border funding needs. Skyee offers safe and convenient global cross-border payment services for various sizes of overseas merchants through its self-developed payment platform. Skyee provides personalized solutions for more than twenty global payment scenarios to enhance payment efficiency and user experience, meeting diverse payment needs.

View original content:https://www.prnewswire.com/apac/news-releases/skyee-receives-in-principle-approval-ipa-for-major-payment-institution-license-mpi-from-the-monetary-authority-of-singapore-mas-302348518.html

SOURCE Skyee Pte. Ltd

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KT&G Establishes Uzbekistan Corporation Strengthening Eurasian Market Competitiveness

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53 minutes ago

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January 13, 2025

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– Office to corporation conversion reinforces local operations heightening global competitiveness

SEOUL, South Korea, Jan. 13, 2025 /PRNewswire/ — KT&G (KRX : 033780) is establishing a corporation in Uzbekistan handing local operations for earnest market expansion and increased profitability, aiming to strengthen competitiveness in the Eurasian region.

In 2023, KT&G set up an office in Uzbekistan and entered the market with the superslim brand “ESSE”.

Through the corporation conversion of the Uzbekistan office, KT&G plans to reinforce long-term competitiveness in the Eurasian region. To increase market presence, KT&G will increase the size of the local workforce by four times, and continue to widen distribution coverage by establishing detailed operational networks.

KT&G also plans to grow “ESSE” as a major brand in the Uzbekistan market, anticipating revenue and profit growth from market expansion.

KT&G has established regional CIC’s (Company-In-Company) in Eurasia and the Asia-Pacific regions to facilitate global business expansion. KT&G currently is operating in 132 countries across the globe through six sales corporations and three branches. Going forward, KT&G will continue to expand its global corporations to support direct global operations and continue efforts to increase profitability.

A KT&G spokesperson said that “the establishment of the Uzbekistan corporation is part of the ongoing investment and innovation for the leap to a ‘Global Top-Tier.’ KT&G will continue its global growth trends by reinforcing local operations.”

 

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View original content:https://www.prnewswire.co.uk/news-releases/ktg-establishes-uzbekistan-corporation-strengthening-eurasian-market-competitiveness-302348712.html

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