Featured – Virtual Vers https://virtualvers.com Thu, 10 Oct 2024 21:14:37 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://virtualvers.com/wp-content/uploads/2024/06/android-chrome-512x512-1-150x150.png Featured – Virtual Vers https://virtualvers.com 32 32 Roadrunner Speeds Up Transit Times, Opens 40 New Lanes, Expands Smart Guarantee Service Offering https://virtualvers.com/featured/roadrunner-boosts-transit-adds-40-lanes-expands-smart-guarantee/?utm_source=rss&utm_medium=rss&utm_campaign=roadrunner-boosts-transit-adds-40-lanes-expands-smart-guarantee Thu, 10 Oct 2024 21:14:36 +0000 https://virtualvers.com/?p=9036 The company announces Shari Leon and Naomi Rivers Win 2024 Women in Supply Chain Awards

DOWNERS GROVE, Ill., Oct. 10, 2024 /PRNewswire/ — Roadrunner, transportation’s greatest comeback story, is speeding up transit times across 200+ lanes, opening 40+ new lanes, and tripling its Smart Guarantee service. The expanded Smart Guarantee ensures LTL shipments arrive on time, or they are free.

The company’s direct metro-to-metro connectivity and Teams driver strategy continue to drive its leadership in long-haul, Less-than-Truckload (LTL) transit. Roadrunner’s Weekend+ Advantage now offers 50 additional long-haul lanes for a total of 300 with improved transit times by 1 to 3 days for shipments dispatched on Wednesday, Thursday, or Friday.

Additionally, Roadrunner’s Shari Leon, VP of Linehaul Operations, and Naomi Rivers, Service Center Manager, were named recipients of the 2024 Women in Supply Chain Awards for their contributions to the industry. The award is sponsored by Supply & Demand Chain Executive, the only publication covering the entire global supply chain, and Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain. The Women in Supply Chain Award honors female supply chain leaders and executives whose accomplishments, mentorship, and examples assist women in all levels of a company’s supply chain network.

“It’s an honor to receive this award,” said Shari Leon, Vice President of Linehaul Operations at Roadrunner. “Being recognized in the Trailblazers category is fitting, given the hard work and innovation our team is driving. My father spent most of his career at Roadrunner, so transportation truly runs in our blood. I’m proud to share Roadrunner’s successes with him every weekend, and he couldn’t be more excited about what we’re achieving. With faster transit times across more than 200 lanes, our LTL network is more efficient than ever. It’s incredible to be part of this journey, and I look forward to even greater things ahead.”

“I’m thrilled to receive this award in the Rising Star category,” said Naomi Rivers, who began her career in operations at Roadrunner, transitioned to a regional administrative role, and now serves as a Service Center Manager. “Everyone’s career path is unique, and as a military veteran, I’ve been fortunate to have some incredible mentors. I’m excited to keep growing and to share what I learn along the way. Success comes from surrounding yourself with a dedicated team that has a strong work ethic. I started in the U.S. Navy, and now I manage our Cleveland terminal—essentially my own ‘ship.’ It takes teamwork to deliver the quality and service our customers expect, especially with our Smart Guarantee program. Roadrunner truly values and supports everyone, especially women and veterans, and I’m grateful for the opportunity to put my skills to use.”

“Women are reshaping the landscape of supply chain management with their unparalleled contributions, igniting growth and fostering innovation across the industry,” said Sarah Barnes-Humphrey, founder of Let’s Talk Supply Chain podcast and Blended Pledge, both sponsors of the Women in Supply Chain award. “Their presence not only enriches the workforce but also brings a myriad of perspectives essential for tackling intricate challenges and refining global operations. The Women in Supply Chain award stands as a beacon, celebrating and amplifying their remarkable achievements. Congratulations to all the winners, everyone who was nominated, and all those making an impact. This recognition honors the courage and dedication of all the incredible people who work hard every day. This award is a testament to their unwavering commitment and profound impact on the field.”

“Every year, this award continues to amaze me,” said Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive and Co-Founder of the Women in Supply Chain Forum. “But this year especially, it’s all about the quality of the submissions. These women are doing remarkable things for their communities, organizations, and teams and are paving the way for future young female leaders to be a part of an industry that’s making a difference. New this year, the award was broken down into Rising Stars, Trailblazers, DEI Pioneer, and Workforce Innovator. From there, we named an overall winner per category and then four honorable mentions per category. This year’s applications were superb and made it next to impossible to pick just one winner. I’m so proud of these women and their achievements. We’re just getting started.” 

Roadrunner is the recipient of several service quality awards from multiple shippers including: the Platinum LTL Carrier Award from Echo Global Logistics, which recognizes outstanding service, commitment, and performance; the Breakthrough Carrier of the Year Award from GLT Logistics, which celebrates dedication to innovation and improvement; and the Elite Carrier Award from Total Quality Logistics (TQL).

About Supply & Demand Chain Executive and Food Logistics
Supply & Demand Chain Executive is the only supply chain publication covering the entire global supply chain, focusing on trucking, warehousing, packaging, procurement, risk management, professional development and more. Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Supply & Demand Chain Executive and Food Logistics also operate SCN Summit and Women in Supply Chain Forum.

About Roadrunner

Roadrunner offers more direct long-haul metro-to-metro shipping than any other nationwide LTL carrier in the United States. With nationwide presence and terminals across 40+ metro markets, the company’s Smart Network™ is the preferred choice for shippers looking to move freight quickly and reliably. With Driver Teams executing Over-the-Road (OTR) moves and no freight moving on rail, their customers enjoy industry-leading transit times. The award-winning operations platform is fueled by AI and ML technology assuring integrity of custodial controls of freight and real-time tracking and visibility. Direct routing eliminates the need for rehandles and freight handovers and hence reduces the risk of loss or damage.

More than 1,000 drivers leverage the Roadrunner Smart Network™ to empower their businesses and are fiscally motivated to deliver freight on time, intact, and damage free. Roadrunner was ranked Most Improved 2022 LTL Carrier by Mastio™ and recognized by Newsweek™ as one of America’s Most Trustworthy Companies in 2022. (PINK: RRTS).

To learn more about shipping with Roadrunner: https://www.roadrunnerLTL.com   

Explore careers in sales, operations, and technology at Roadrunner: https://www.shiproadrunnerfreight.com/careers/work-with-us/  

To drive for Roadrunner as Owner Operators and Teams: https://run4roadrunner.com/

SOURCE Roadrunner

https://prnmedia.prnewswire.com/news-releases/roadrunner-speeds-up-transit-times-opens-40-new-lanes-expands-smart-guarantee-service-offering-302273093.html

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Animal Antibacterial and Antibiotics Market Poised for Significant Growth: Projected to Reach USD 6.5 Billion by 2031: – Market Research Intellect https://virtualvers.com/featured/animal-antibiotics-market-to-hit-6-5-billion-by-2031/?utm_source=rss&utm_medium=rss&utm_campaign=animal-antibiotics-market-to-hit-6-5-billion-by-2031 Thu, 10 Oct 2024 21:06:45 +0000 https://virtualvers.com/?p=9026 The Animal Antibacterial and Antibiotics Market is being driven by several key factors. Rising livestock production and intensive animal farming practices are increasing the need for effective antibacterial and antibiotic treatments to ensure animal health and productivity. Growing awareness of zoonotic diseases and the need to prevent their transmission to human’s further boost market demand. Additionally, the expansion of veterinary healthcare infrastructure and advancements in medical technologies are enhancing the availability and efficacy of these products. Increasing pet ownership and the subsequent demand for high-quality pet healthcare also contribute significantly to market growth. However, concerns about antibiotic resistance and evolving regulatory frameworks are influencing the market dynamics, pushing for more sustainable and responsible use of these products.

LEWES, Del., Oct. 10, 2024 /PRNewswire/ — The global Animal Antibacterial and Antibiotics Market is projected to grow from approximately USD 4.9 billion in 2024 to around USD 6.5 billion by 2031, at a compound annual growth rate (CAGR) of about 4.1%. This growth is driven by rising livestock farming, increasing zoonotic diseases, and the need for animal health management, though regulatory challenges related to antibiotic resistance may impact the market.

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202 – Pages
126 – Tables
37 – Figures

Scope Of The Report

REPORT ATTRIBUTESDETAILS
STUDY PERIOD2020-2031
BASE YEAR2023
FORECAST PERIOD2024-2031
HISTORICAL PERIOD2020-2023
UNITValue (USD Billion)
KEY COMPANIES PROFILEDZoetis Inc., Merck & Co., Inc., Elanco Animal Health Inc., Bayer AG, Boehringer Ingelheim GmbH, MSD Animal Health, Virbac, Ceva Santé Animale, Dechra Pharmaceuticals PLC, and Huvepharma.
SEGMENTS COVEREDBy Type, By Application And By Geography
CUSTOMIZATION SCOPEFree report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Animal Antibacterial and Antibiotics Market Overview

1. Market Growth and Size

The Animal Antibacterial and Antibiotics Market is experiencing notable growth, driven by the expanding livestock sector and increasing demand for meat, dairy, and other animal products. As of 2024, the market is valued at approximately USD 4.9 billion and is projected to reach USD 6.5 billion by 2031, reflecting a compound annual growth rate (CAGR) of 4.1%. This growth is underpinned by rising global food consumption and the need for effective disease management in animals. The market’s expansion is supported by the continuous development of new and improved antibacterial and antibiotic products designed to enhance animal health and productivity across various regions.

2. Key Drivers

Several factors are driving the growth of the Animal Antibacterial and Antibiotics Market. The primary driver is the rising demand for animal-derived food products, which necessitates effective disease control measures to maintain livestock health and optimize production. The growing prevalence of zoonotic diseases, which can be transmitted from animals to humans, further fuels the need for reliable antibacterial and antibiotic treatments. Additionally, advancements in veterinary medicine and increased awareness of animal health contribute to the market’s expansion, while the rise in pet ownership also plays a significant role in boosting demand.

3. Technological Advancements

Technological advancements in veterinary medicine are significantly impacting the Animal Antibacterial and Antibiotics Market. Innovations in drug formulations, delivery systems, and diagnostic tools are enhancing the efficacy and safety of antibacterial and antibiotic treatments. For example, the development of targeted therapies and prolonged-release formulations improves treatment outcomes and reduces the risk of resistance. Advanced diagnostic technologies enable early detection of diseases, allowing for timely intervention and more effective management of infections. These technological developments not only improve animal health but also drive market growth by expanding the range of available treatment options.

4. Regulatory Environment

The regulatory environment plays a crucial role in shaping the Animal Antibacterial and Antibiotics Market. Governments and regulatory bodies worldwide are implementing stringent regulations to address concerns related to antibiotic resistance and ensure the responsible use of antimicrobial agents in animals. These regulations include restrictions on the use of certain antibiotics, guidelines for prescription practices, and requirements for veterinary oversight. While these measures aim to combat resistance and promote public health, they also influence market dynamics by affecting product availability and development. Compliance with evolving regulatory standards is essential for market participants to maintain their competitive edge.

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5. Market Segmentation

The Animal Antibacterial and Antibiotics Market is segmented based on product type, animal type, and distribution channel. Key product segments include antibiotics such as tetracyclines, penicillins, and macrolides, each serving different therapeutic purposes. The market also segments by animal type, including livestock (cattle, poultry, swine) and companion animals (pets). Distribution channels comprise veterinary clinics, hospitals, and online platforms. Each segment exhibits unique growth patterns and demands, influenced by factors such as regional disease prevalence, animal farming practices, and the increasing adoption of pet care products. Understanding these segments helps in targeting specific market needs effectively.

6. Regional Analysis

Regional analysis reveals significant variations in the Animal Antibacterial and Antibiotics Market across different parts of the world. North America and Europe are major markets due to advanced veterinary infrastructure, stringent regulatory frameworks, and high animal health awareness. In contrast, the Asia-Pacific region is experiencing rapid growth due to increasing livestock farming and rising demand for animal products. Emerging markets in Latin America and Africa are also expanding, driven by improving veterinary services and rising investments in animal health. Regional differences in market dynamics highlight the need for tailored strategies to address specific challenges and opportunities in each area.

7. Challenges and Concerns

The Animal Antibacterial and Antibiotics Market faces several challenges and concerns that impact its growth. One of the primary issues is antibiotic resistance, which threatens the effectiveness of existing treatments and complicates disease management. Overuse and misuse of antibiotics in animals contribute to this problem, prompting regulatory measures and calls for more sustainable practices. Additionally, market players must navigate complex regulatory requirements and adapt to evolving standards. Addressing these challenges requires collaboration among stakeholders, including regulators, veterinarians, and industry players, to develop innovative solutions and promote responsible antibiotic use.

8. Future Outlook

The future outlook for the Animal Antibacterial and Antibiotics Market is shaped by ongoing developments in veterinary medicine, evolving consumer preferences, and regulatory changes. The market is expected to continue growing, driven by increasing demand for animal-derived food products and advancements in treatment technologies. However, the industry will need to address challenges such as antibiotic resistance and regulatory constraints to sustain this growth. Innovations in drug development, combined with responsible use practices and enhanced veterinary care, will play a crucial role in shaping the market’s trajectory. The focus on sustainability and improved health outcomes will drive future market dynamics and opportunities.

Geographic Dominance:

The geographic dominance of the bike-sharing market is led by Asia-Pacific, Europe, and North America. Asia-Pacific holds the largest market share, driven by China’s extensive bike-sharing programs, where rapid urbanization, government support, and technological advancements have resulted in the widespread adoption of both docked and dockless systems. Major cities like Beijing and Shanghai are prime examples of successful large-scale bike-sharing initiatives. Europe follows closely, with countries such as France, the Netherlands, and Germany leading in the integration of Animal Antibacterial and Antibiotics into public transport networks. European cities have invested heavily in cycling infrastructure and sustainability initiatives, making Animal Antibacterial and Antibiotics a key part of urban mobility. North America, particularly in the U.S. and Canada, is also seeing significant growth. Cities like New York and Washington D.C. are expanding bike-sharing networks in response to growing demand for eco-friendly transportation. These regions are expected to continue dominating the market through 2031.

Animal Antibacterial and Antibiotics Market Key Players Shaping the Future

Key players shaping the future of the Animal Antibacterial and Antibiotics Market include Zoetis Inc., Merck & Co., Inc., Elanco Animal Health Inc., Bayer AG, Boehringer Ingelheim GmbH, MSD Animal Health, Virbac, Ceva Santé Animale, Dechra Pharmaceuticals PLC, and Huvepharma. These leading companies are driving innovation and advancements in veterinary medicine, influencing market trends, and shaping the competitive landscape of animal health through their diverse portfolios and strategic initiative.

Animal Antibacterial and Antibiotics Market Segment Analysis

The Animal Antibacterial and Antibiotics market is segmented based on By Type, By Application and Geography, offering a comprehensive analysis of the industry.

By Type

  1. Antibiotics: This segment includes various classes of antibiotics used to treat bacterial infections in animals, such as tetracyclines, penicillins, cephalosporins, and macrolides. These drugs are essential for managing infections, preventing disease outbreaks, and improving animal health.
  2. Antibacterials: This category encompasses non-antibiotic antibacterial agents, such as sulfonamides and polymyxins. These agents are used to control bacterial infections and are often used in conjunction with antibiotics to enhance therapeutic efficacy.

By Application

  1. Livestock: This application includes cattle, poultry, and swine, which are the primary sectors requiring antibacterial and antibiotic treatments. These treatments are vital for ensuring the health and productivity of livestock, addressing infections, and improving food safety.
  2. Companion Animals: This segment covers pets such as dogs, cats, and horses. Antibacterial and antibiotic treatments for companion animals are crucial for managing infections, supporting overall health, and addressing specific medical conditions.
  3. Aquaculture: This application involves the use of antibacterial and antibiotic products in fish and other aquatic animals. These treatments help manage diseases in aquaculture systems, improve fish health, and ensure the quality of aquatic products.

By Geography

  1. North America: The market in North America is characterized by advanced veterinary healthcare infrastructure, stringent regulations, and high adoption rates of animal health products. The U.S. and Canada are key contributors to market growth in this region.
  2. Europe: Europe has a well-established market for animal antibacterial and antibiotics, driven by a high focus on animal welfare, regulatory standards, and veterinary advancements. Major markets include Germany, France, and the UK.
  3. Asia-Pacific: This region is experiencing rapid growth due to increasing livestock production, rising incomes, and expanding veterinary services. Key markets include China, India, and Japan.
  4. Latin America: The market in Latin America is growing due to increasing investments in animal health and rising demand for livestock products. Brazil and Mexico are significant contributors to market expansion in this region.
  5. Middle East and Africa: The market in this region is expanding due to growing agricultural activities and improvements in veterinary healthcare. Key markets include South Africa, Saudi Arabia, and the UAE.                  

Internet, Communication and Technology:

The Animal Antibacterial and Antibiotics Market is increasingly influenced by advancements in internet, communication, and technology. Digital platforms and data analytics are transforming how veterinary practices manage animal health, enabling more precise and efficient treatment plans. Telemedicine and online consultation services are expanding access to veterinary care, particularly in remote areas, enhancing disease management and monitoring. Furthermore, innovations such as smart collars and IoT-enabled devices are providing real-time health data, improving the early detection of infections and optimizing treatment strategies. These technological advancements contribute to better outcomes in animal health and drive the growth of the market by enhancing the effectiveness and accessibility of antibacterial and antibiotic treatments.

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Welcome to Market Research Intellect, where we lead the way in global research and consulting, proudly serving over 5,000 esteemed clients worldwide. Our mission is to empower your business with cutting-edge analytical research solutions, delivering comprehensive, information-rich studies that are pivotal for strategic growth and critical revenue decisions.

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TIAA Study: Just 20% of Gen Z Saving for Retirement https://virtualvers.com/featured/tiaa-study-just-20-of-gen-z-saving-for-retirement/?utm_source=rss&utm_medium=rss&utm_campaign=tiaa-study-just-20-of-gen-z-saving-for-retirement Thu, 10 Oct 2024 20:43:03 +0000 https://virtualvers.com/?p=9012 Only 20% of Gen Z are Saving for Retirement, TIAA Institute Study Finds

Gen Z struggles to associate retirement with the financial freedom they want due to rising living costs and a lack of reliable financial advice.

NEW YORK, Oct. 10, 2024 /PRNewswire/ — Unlike their parents, Gen Z is growing up with access to an abundance of financial knowledge, and while they desire independence, they struggle to associate retirement with financial freedom due to rising costs, lack of reliable financial advice and other priorities. These challenges make the path toward growing wealth difficult, according to a new report from the TIAA Institute.

From Gap Years to Golden Years: A look at Gen Z’s current thinking about retirement reveals the leading reason Gen Z (ages 18-24) lack retirement savings is because they don’t know where to begin (35%). As a result, only 20% of the Gen Z population is saving for retirement.

“The traditional path to retirement is simply not compelling to most in Gen Z. They want financial freedom now so they can take professional breaks, travel, and pay the bills,” said Kourtney Gibson, TIAA’s chief institutional client officer. “The TIAA Institute’s findings underscore the need to help those currently early in their career prepare for the future with professional advice and planning that links financial basics and saving with freedom for fun. For many Gen Z individuals, employer-provided plans can be the first step to get them on the right path to financial security.”

Retirement will look a lot different for Gen Z.

A growing number of Gen Z say they don’t expect to ever retire – at least in the traditional sense. Major steps in Gen Z’s financial future, from paying for school to paying a mortgage, are increasingly feeling out of reach, making retirement seem like a lower priority. In short, the traditional path to retirement isn’t compelling to Gen Z. 

“Only 1 in 5 Gen Z’s are saving for retirement. The biggest reason being they simply “don’t know where to start.” As an industry we need to reimagine how we educate Gen Z on the importance of retirement savings, and how a secure retirement ultimately leads to financial freedom and flexibility,” said Micky Onvural, chief marketing and communications officer at TIAA.

One prescriptive path from education to retirement is insufficient to accommodate the breadth of diversity of Gen Z’s work-life scenarios. They demand choice.

Gen Z relies on parents, social influencers, for financial advice.

Parents are an overwhelmingly popular source of financial insight for 61% of Gen Z respondents. Further, 65% said they follow financial institutions, financial advisors, financial content creators (i.e., finfluencers) or personal contacts in finance on social media. One-third (33%) follow finfluencers to delve deeper into their financial education.

First-generation students, those who are the first in their immediate family (parents or guardians) to receive a formal secondary education, rely on parents at a lower rate than their counterparts for financial guidance and information and go to other sources at higher rates.

There are also countless platforms available to help Gen Z manage their money. This has led to a large divide in use across brands. There’s no clear winner when it comes to money management.

As more Gen Z’s enter the workforce, employers play a vital role in enabling their employees to get on a strong financial path through access to professional financial planning services and retirement plans.

Rising costs of living, inflation, pushes Gen Z to prioritize daily spending.

Today, more than half (51%) of the average Gen Z monthly budget is spent on housing. The drain on their income to cover daily expenses impacts their financial confidence and reduces their ability to save for the future or plan for retirement.

As Gen Z is impacted more by inflation than previous generations, they’re forced to choose between “save now” or “spend now” mentalities. Thirty percent of Gen Z respondents say they prioritize saving, versus 20% who prioritize spending now, leaving the remaining 50% undecided about how best to manage their finances.

When asked what they’re saving for most, 19% of Gen Z’s said travel, followed closely by building up savings for living expenses like housing (17%) and transportation (18%). Only 9% are saving most for emergencies and retirement, respectively.

Despite pressures, Gen Z still wants to save.

Younger workers are charting new paths toward financial freedom as they work to balance priorities. More than half (52%) of Gen Z’s use savings accounts to store their funds.

For respondents who reported that they are saving for retirement, 66% said they are saving through 401(k)s—the most common path. Notably, between the ages of 22 and 23, there was a 10% jump in Gen Z’s saving for retirement, which aligns with when most are graduating college and getting their first full-time jobs, indicating that they’re trying to start saving early in their careers.

While we know the role of employers in enabling Gen Z’s to jump-start retirement savings is critical, many workers still don’t have access to retirement plans through their employers. By increasing access to retirement plans, and implementing thoughtful solutions that understand Gen Z’s mindset, retirement planning can be embraced by a generation that is redefining retirement readiness.

This report was developed in partnership with UTA’s NextGen Practice (formerly JUV Consulting).

About the TIAA Institute

The TIAA Institute is a think-tank within TIAA, conducting cutting-edge research in the areas of financial literacy and wellness, longevity and lifetime income, plan design and behavioral finance in the context of retirement.  The Institute seeks to understand the financial life journey of individuals and their opportunities by life stage including Young Adults, Parents, Caregivers, Retirees and Legacy Planning. The Institute also provides consulting services for higher education and the broader nonprofit sector on leadership development, organizational effectiveness, and workforce trends. For more information, visit www.tiaainstitute.org.

About TIAA

TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider1, shared $5.1 billion with participants in 2023, on top of the stated guarantees, and has $1.3 trillion in assets under management (as of 6/30/2024)2.        

Learn more about TIAA  
Read the latest TIAA news  

  1. As of July 21, 2022. Based on data in PLANSPONSOR’s 403(b) 2022 DC Recordkeeping Survey, combined 457 and 403(b) data.
  2. As of June 30, 2024 assets under management across Nuveen Investments affiliates and TIAA investment management teams are $1,349 billion.

TIAA Institute is a division of Teachers Insurance and Annuity Association of America (TIAA), New York, NY.

©2024 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, New York, NY 

3915206 

SOURCE TIAA Institute

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How To Profit From The Aging Population By Starting A Residential, Smaller, Assisted Living Facility That Helps Seniors Save Money https://virtualvers.com/featured/start-a-small-assisted-living-facility-to-profit-from-aging-population/?utm_source=rss&utm_medium=rss&utm_campaign=start-a-small-assisted-living-facility-to-profit-from-aging-population Thu, 10 Oct 2024 20:27:48 +0000 https://virtualvers.com/?p=9005 FORT LAUDERDALE, Fla., Oct. 10, 2024 /PRNewswire/ — Rather than renting to tenants who may not pay rent, real estate investors can create a profitable small assisted living facility that saves seniors money and provides care in a smaller more intimate setting, according to assisted living consultant Carline Cadet Francois.

This is a great way for entrepreneurs and real estate investors to provide solutions to an already strained medical system and profit from our aging population. The assisted living facility (ALF) industry is valued at $140 billion and will get even bigger.

By 2030, it’s projected that 73 million baby boomers, the largest cohort in history, will be older than 65 in the U.S. and a lot of them will be requiring assisted living.

If you own real estate, you could start a small, assisted living facility with up to 15 beds.

On average, you could charge a minimum of $4,000 or more per person for a shared room per month. You can also charge more for private rooms. That makes better economic sense than just renting out your real estate,” said Cadet Francois.

From personal experience operating a small, assisted living facility, Francois has helped clients navigate the complicated process of setting up their own facility. Even though 90 percent of her clients are from the medical community, anyone over 21 who passes a level two background check can do it.

Generally, smaller assisted living facilities offer a home-like environment, more personalized care, and better one-on-one services than some other options.

At the same time, residents have a better quality of life, enjoying the company of other guests, and the home with all its amenities in a small group setting.

Costs to convert to a small, assisted living facility vary upwards of $50,000 depending on the size of the house and what needs to be done to adhere to all government regulations.

“Costs depend on the size of the house. For example, a sprinkler system that would fit a four-bedroom house would not be adequate for a six or 12-bedroom house. There would also be different requirements for a duplex or a triplex,” said Cadet Francois.

Also, houses that are on septic systems are more costly to bring up to code than houses that are hooked up to city sewers.

Cadet Francois can help you navigate the whole process. It starts by ensuring the building is properly zoned, walking you through the licensing process, doing the paperwork such as policies and procedures, and submitting it to the proper government agency on your behalf.

Policies and Procedures aren’t boiler-plated since they’re different for each facility. She will also ensure the facility passes all government inspections. The whole process takes five to six months and there are different regulations in different states.

Right now, she is focusing on Florida because she understands its regulations extensively.

“There’s a lot of inspections and when you finally get licensed our relationship doesn’t have to end there. I will help with hiring your staff, do your marketing, negotiate prices, and create contracts for you as part of a yearly membership for as long as you need it,” said Cadet Francois.

You can download a free workbook that covers more of what the requirements are from her website. She also has a course that guides you on how to create an assisted living community in Florida.

For further information or to schedule an interview contact Carline Cadet Francois at +1 954-633-2929 or 384633@email4pr.com

FOR FURTHER INFORMATION:

Carline Cadet Francois
Assisted Living Consultant
carlinecadetfrancois.com

Fort Lauderdale, FL
Phone: +1 954-633-2929
Email: 384633@email4pr.com

SOURCE Carline Cadet Francois

https://prnmedia.prnewswire.com/news-releases/how-to-profit-from-the-aging-population-by-starting-a-residential-smaller-assisted-living-facility-that-helps-seniors-save-money-302272475.html

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Parks: 24% of Multifamily Owners Use Smart Building Providers https://virtualvers.com/featured/parks-24-of-multifamily-owners-use-smart-building-providers/?utm_source=rss&utm_medium=rss&utm_campaign=parks-24-of-multifamily-owners-use-smart-building-providers Thu, 10 Oct 2024 20:24:50 +0000 https://virtualvers.com/?p=9002 Parks Associates: 24% of Multifamily Owners/Operators Have a Smart Building Provider or Aggregator

New MDU research examines adoption of IoT and smart apartment technology in multifamily properties

DALLAS , Oct. 10, 2024 /PRNewswire/ — Parks Associates’ newly published study Smart Properties: The Value of IoT for MDUs, a survey of 300 multifamily property owners/building operators, reveals 24% of properties report having a smart building provider or aggregator for at least one of the properties they serve. The primary research study provides insight on technology adoption and needs among multifamily property owners and operators, with a specific focus on connectivity, IoT devices, and smart building services.

“Respondents report using an average of three smart building platforms throughout their portfolios,” said Kristen Hanich, Research Director, Parks Associates. “This market is highly fragmented, far from settled, and competitors who can prove their value, ease of use, and positive customer support experiences can gain share across a company’s property portfolio.”

Security monitoring, smart thermostats, and water management are commonly integrated into these systems. Electronic access control, parking management, and package management solutions are more likely to be stand-alone systems.

MDU owners and operators report that smart building solutions have had a positive impact on tested metrics, including increasing operating efficiency and reducing operating costs, energy and water utility costs, and the number of safety or crime incidents across their portfolios.

“Companies are leveraging the experience they’ve gained in deploying the earlier generation of smart building technologies to create benchmarks for effectiveness,” Hanich said. “These benchmarks serve as guides for their future deployments.”

Smart Properties: The Value of IoT for MDUs is available for purchase. To schedule an interview with an analyst or to request specific data, please contact Mindi Sue Sternblitz-Rubenstein at 384645@email4pr.com or 972-490-1113.

About Parks Associates

Parks Associates, a woman-founded and certified business, is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Founded in 1986, Parks Associates provides business intelligence and research services through its proprietary methodologies developed over decades, including quarterly surveys of 10,000 internet households.

The company’s expertise crosses many industries: home security and smart home, streaming video, broadband and pay-TV services, digital media and platforms, gaming, Wi-Fi and home networks, connected health, support, consumer electronics, home control systems, energy management, and tech solutions for the multi-dwelling (MDU), small-to-medium business (SMB), and commercial building markets.

Each year, Parks Associates brings thousands of leaders together for its webinars and annual events. The firm hosts the annual executive research and strategy conferences CONNECTIONS™, Connected Health Summit, Smart Energy Summit, Smart Spaces, and Future of Video. https://www.parksassociates.com 

SOURCE Parks Associates

https://prnmedia.prnewswire.com/news-releases/parks-associates-24-of-multifamily-ownersoperators-have-a-smart-building-provider-or-aggregator-302272853.html

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Global Businesses Lose $1.75 Trillion from Untapped Economic Potential of ‘Third Largest Nation’ https://virtualvers.com/featured/global-businesses-lose-1-75-trillion-from-untapped-economic-potential/?utm_source=rss&utm_medium=rss&utm_campaign=global-businesses-lose-1-75-trillion-from-untapped-economic-potential Thu, 10 Oct 2024 19:45:45 +0000 https://virtualvers.com/?p=8963 Sumsub unveils ‘Greenflag,’ the digital nation for 627 million people excluded from online services

LONDON, Oct. 10, 2024 /PRNewswire/ — Today, on World Inclusion Day, global full-cycle verification platform Sumsub reveals that a staggering 627 million individuals globally, larger than the population of the United States and Brazil combined, are excluded from essential digital services, including financial services, education, healthcare, and employment platforms.

The research is part of a new awareness campaign, which introduces the fictional ‘nation’ of Greenflag whose citizens are victims of overly risk-averse business compliance practices and limitations of existing verification systems. These fail to account for a range of diverse identities and appearances and stereotype individuals based on their nationality’s rate of fraud.

“Greenflag may be fictional, but the issue it represents – digital exclusion – is very real, with serious implications. As the digital economy grows, these challenges will only intensify,” says Andrew Sever, CEO and Co-Founder of Sumsub.

“Our mission is to empower a digitally inclusive future, which is why we decided to dig deeper into the problem. However, we couldn’t realise the true scale of it until we saw these distressing results. Addressing digital exclusion is both a moral necessity and a significant economic opportunity for global businesses and governments. More inclusive verification practices can unlock underserved and underrepresented markets and foster global economic growth, while driving social equity.”

Sumsub’s latest research, conducted by Catalyst Group, underscores that digital exclusion is both a societal injustice and an economic oversight. Key findings from the research include:

  • Over 627 million people are unfairly excluded from or struggle to access essential digital services.
  • Greenflag ranks as the third largest ‘country’ in the world, by population.
  • Greenflag’s potential untapped purchasing power stands at $1.75 trillion USD.
  • Digital transactions for Greenflag citizens could exceed $2.46 trillion by 2028.
  • Identification document issues – 243 million individuals struggle to access services due to non-standard or outdated ID documents.
  • Lack of digital literacy – 219 million people are left behind due to insufficient skills to navigate digital platforms. This is due to various factors, including providers neglecting to provide sufficiently accessible support.
  • Physical appearance changes – 96 million people face verification challenges due to medical conditions, hair loss, facial injuries, or personal decisions like cosmetic surgery and gender transitions.
  • Country of origin – over 70 million people are blocked by risk-based exclusions, with businesses often generalizing entire nations as high-risk, unfairly excluding innocent individuals.

Digital exclusion stems from several barriers, often due to verification systems failing to accommodate the diversity of human experiences. Additional research from renowned institutions like Amnesty International highlights that exclusion can be driven by systemic discrimination and repressive governance, which disproportionately affects marginalized groups. For instance, discriminatory policies, barriers for refugees and migrants, and limitations on freedom of expression prevent many from accessing essential digital services. Additionally, economic instability and inadequate social rights further marginalize vulnerable populations, making it harder for them to engage with digital services.

“We understand the real-world hardships faced by those excluded from digital services, therefore our commitment to tackling this is unwavering. Advanced verification technologies are crucial in supporting governments, digital service providers and firms in verifying and onboarding individuals from diverse backgrounds. We are working to provide the technology that will ensure all people can access the digital economy, and urge our peers to do the same,” added Andrew Novoselsky, Chief Product Officer at Sumsub.

“We are dedicated to offering innovative products, such as non-document verification, to ensure individuals without conventional identification can access essential services. Crucially, we emphasise the need for further collaboration between policymakers, businesses, and verification platforms as this is vital for building a safe and inclusive digital infrastructure.”

For the full whitepaper and more information about Greenflag, please visit: https://greenflag.me/

About Sumsub

Sumsub is a full-cycle verification platform that secures the whole user journey. With Sumsub’s customizable KYC, KYB, Transaction Monitoring and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs, and protect your business.

Sumsub has over 2,500 clients across the fintech, crypto, transportation, trading, e-commerce and gaming industries, including Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.

Sumsub has citations in research published by global institutions such as the United Nations and Statista, as well as ongoing consultancy and engagements with INTERPOL.

Notes to editors on methodology

The research methodology for estimating the population of Greenflag, representing those excluded from the digital world, combined online surveys and comprehensive desk research. The online survey, conducted with 1,521 respondents, used automated tools and expert review to ensure high data quality, revealing that 22.88% of individuals face digital access challenges. This figure was extrapolated globally, accounting for 627.3 million digitally excluded people. 

Desk research further refined these estimates using global population data, literacy rates, and internet access statistics. Additionally, the study estimated the economic impact of digital exclusion, concluding that the Greenflag would account for €1.57 trillion of the digital commerce market by 2024. Data sources included organizations such as the World Bank, UNESCO, and Statista.

The full methodology is included in the whitepaper.

SOURCE Sumsub

https://prnmedia.prnewswire.com/news-releases/global-businesses-lose-1-75-trillion-from-untapped-economic-potential-of-third-largest-nation-302272224.html

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INdigital Prepares to Support 911 Services as Hurricane Milton Approaches https://virtualvers.com/featured/indigital-prepares-to-support-911-services/?utm_source=rss&utm_medium=rss&utm_campaign=indigital-prepares-to-support-911-services Thu, 10 Oct 2024 18:08:43 +0000 https://virtualvers.com/?p=8936 TAMPA, Fla., Oct. 9, 2024 /PRNewswire/ — INdigital, a leading Next Generation 911 solutions provider, has deployed its emergency response team to Florida ahead of Hurricane Milton. The team, including technicians, MEVO coordinators, chief information officer, Florida market manager, and Florida service manager, will be stationed throughout Florida, ready to assist Public Safety Answering Points (PSAPs) facing potential service disruptions. Equipped with MEVO Anywhere Kits and over twenty Starlink units, INdigital is prepared to restore critical 911 services in areas impacted by the hurricane.

In addition to on-the-ground support, INdigital is maintaining constant communication with its customers, holding calls twice daily to answer questions and provide guidance throughout the week. “We’re doing everything we can to assist our partners during this critical time,” said Eric Hartman, Vice President at INdigital. “We aim to ensure PSAPs are supported in real-time and can serve their communities no matter what.”

The deployment of INdigital’s MEVO Anywhere Kits, along with Starlink satellite internet, offers a resilient solution for 911 centers in affected areas. The MEVO Anywhere Kit is a mobile, IP-based call-handling system that ensures emergency services can continue receiving and processing 911 calls, even in remote or heavily impacted regions. This technology enables full functionality for PSAPs, including location services, mapping, administrative calls, and essential features like call transfer and conferencing. Starlink’s connectivity is crucial in regions where traditional communication lines may be down, ensuring that PSAPs remain operational. NG911 technology plays a pivotal role by allowing this flexibility, enabling real-time data, voice, and video transmission during emergencies.

“Our MEVO Anywhere Kits give PSAPs the ability to operate even in extreme conditions,” said Caleb Branch, VP of Market Management at INdigital. “We’ve deployed everything necessary to support uninterrupted 911 services, with our NSOC team on standby to ensure smooth transitions.”

Bob Brown, CIO at INdigital, emphasized the role of NG911 technology: “Next Generation 911 allows for more robust, flexible systems, and this hurricane response highlights why the switch to NG911 is so critical. The enhanced capabilities ensure 911 services can continue without interruption, providing a lifeline during emergencies.”

As Hurricane Milton approaches, INdigital is fully prepared to support PSAPs in need. Together, we can ensure that every citizen continues to have access to life-saving emergency services.

SOURCE INdigital

https://prnmedia.prnewswire.com/news-releases/indigital-prepares-to-support-911-services-as-hurricane-milton-approaches-302272106.html

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DaVita Inc. Schedules 3rd Quarter 2024 Investor Conference Call https://virtualvers.com/featured/davita-inc-schedules-3rd-quarter-2024-investor-conference-call/?utm_source=rss&utm_medium=rss&utm_campaign=davita-inc-schedules-3rd-quarter-2024-investor-conference-call Thu, 10 Oct 2024 17:58:59 +0000 https://virtualvers.com/?p=8922 DENVER, Oct. 9, 2024 /PRNewswire/ — DaVita Inc. (NYSE: DVA), announced today that it will hold its quarterly conference call to discuss third quarter results on Tuesday, October 29, 2024, at 5:00 p.m. Eastern Time. The company plans to release its results after market close the same day.

This call is also being webcast and can be accessed at the DaVita IR web page. You can join this call as follows: 

Tuesday, October 29, 2024
Starting at 5:00 p.m. EDT
Webcast can be accessed using this link
Dial in number: 877-918-6630
International dial in: 517-308-9042

When calling in, please provide the operator the password “Earnings” and provide your name and company affiliation. Investors unable to listen to the conference call will be able to access a replay via our website at investors.davita.com. There will be no telephone replay.

About DaVita Inc.

DaVita (NYSE: DVA) is a health care provider focused on transforming care delivery to improve quality of life for patients globally. As a comprehensive kidney care provider, DaVita has been a leader in clinical quality and innovation for more than 20 years. DaVita cares for patients at every stage and setting along their kidney health journey—from slowing the progression of kidney disease to helping to support transplantation, from acute hospital care to dialysis at home. As of June 30, 2024, DaVita served approximately 265,100 patients at 3,124 outpatient dialysis centers, of which 2,672 centers were located in the United States and 452 centers were located in 13 other countries worldwide. DaVita has reduced hospitalizations, improved mortality, and worked collaboratively to propel the kidney care industry to adopt an equitable and high-quality standard of care for all patients, everywhere. To learn more, visit DaVita.com/About.

Contact Information 
Investors:
IR@davita.com 

SOURCE DaVita

https://prnmedia.prnewswire.com/news-releases/davita-inc-schedules-3rd-quarter-2024-investor-conference-call-302271915.html

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Game-Changing Approach to Software Delivery Now Widely Available to Department of Defense https://virtualvers.com/featured/dod-gains-access-to-revolutionary-software-delivery-method/?utm_source=rss&utm_medium=rss&utm_campaign=dod-gains-access-to-revolutionary-software-delivery-method Thu, 10 Oct 2024 17:54:02 +0000 https://virtualvers.com/?p=8914 WASHINGTON, Oct. 9, 2024 /PRNewswire/ — Today, veteran-founded Defense Unicorns has released its revolutionary new system to the Department of Defense – UDS – a game-changing shift for the future of software delivery. UDS arms mission operators for modern warfare and brings software solutions to national security environments deployed worldwide.

UDS (Unicorn Delivery Service) publicly launches after successful operations in multiple classified and unclassified environments. This first-of-its-kind defense tech platform, will continue to advance its core capabilities by repeatedly deploying and operating in the most challenging and complex missions inside the Department of Defense.

Defense Unicorns Co-founder and CTO, Jeff McCoy shares, “I spent two decades in the Air Force watching technologies struggle to keep up and modernize well enough to deliver updates in air-gapped environments. I wanted to build UDS to help Defense avoid the struggle, complexity, and bureaucracy that make delivering software for national security so difficult.”

What truly makes this announcement game-changing is the defense-first approach to software delivery. UDS provides for national security missions a solution that is:

Secure—UDS is committed to a 0 CVE posture with continuous monitoring, logging, and alerting across a defense-in-depth approach to cybersecurity. It ensures secure runtime by closely managing and monitoring software interactions within DoD environments, verifying software components, and mitigating vulnerabilities in real-time to maintain a trusted and resilient operational state.

Compliant – UDS satisfies up to 90% of the NIST 800-53 technical controls that program offices are responsible for in IL-4, 5, and 6 environments.

Airgap Native – UDS is designed for airgap systems. As a Defense-first solution, UDS was designed from the beginning to support disconnected, semi-disconnected, and highly secure environments.

Highly Distributable – UDS is designed to deploy where the Mission requires: cloud, on-prem, and tactical edge alike. With UDS, the same software baseline goes everywhere the mission requires, across contractor environments, government systems, unclassified, classified, or even SAP environments.

Portable—UDS’ portability enables mission capability providers to rapidly develop, test, deploy, and operate regardless of infrastructure, supporting cloud, bare-metal, and tactical edge with uniformity.

Decentralized—UDS reduces mission dependency on single centralized solutions and is instead deployed to many environments, giving your mission the assurance it requires in real wartime scenarios. 

Easy to Operate – UDS makes complex software delivery easy. Most mission systems are managed by active duty, civilians, or a small number of contracting experts. Mission system operators shouldn’t have to be technology experts to execute their work. With UDS, the heroes that operate these programs and weapon systems no longer have to experience these challenges.

“Our vision as a company is to advance freedom and independence globally,” says Robert Slaughter, Air Force Veteran and Defense Unicorns CEO.

“The biggest threat to that vision is an ineffective US military, plagued by insecure and outdated legacy software. Here at Defense Unicorns, it is our life purpose to solve this problem once and for all. UDS is that game changing. Most of the time, defense tech is considered a late add-on for most technologies. We took the opposite approach and instead we have purpose-built UDS as a software delivery platform for the DoD.”

Since its inception but prior to today’s public release, UDS has been successfully deployed within critical systems operated by partners in the Navy, Air Force, and Space Force. Over a six-month development and testing period, UDS proved its ability to accelerate the Authority to Operate (ATO) process while maintaining the entire software development lifecycle from initial development to sustained operations across dozens of deployments throughout multiple classified levels within the complex defense industrial support base.

“The technical solution shouldn’t hold your Mission hostage,” says Andrew Greene, Defense Unicorns Co-Founder and Engineer.

“The warfighter deserves nothing less than secure capabilities, immediately available in their mission environments. I believe we’re solving a really hard problem, more holistically and better than it’s ever been done before.”

Defense Unicorns is transforming how the Department of Defense apparatus buys, builds, delivers, and sustains mission capabilities. At the core of this disruptive approach is the leveraging of UDS, which is quickly becoming the leading purpose-built defense tech-first software delivery platform.

Defense Unicorns has multiple workshops and discovery and framing sessions for government programs and defense contractors to explore how UDS can help make software delivery easy for national security systems. This is the fastest way for anyone interested in potentially acquiring this solution.

For more information or to book a demonstration, contact Defense Unicorns at media@defenseunicorns.com

About Defense Unicorns: 

Defense Unicorns is a defense tech startup founded in 2021 with the vision of advancing freedom and independence globally. Defense Unicorns focuses on airgap native software and platform solutions that solve national security issues. Defense Unicorns builds cutting-edge technology to solve the biggest challenges mission systems face when developing and deploying software and AI solutions in some of the most extreme environments on the planet.

For more, visit www.defenseunicorns.com.

SOURCE Defense Unicorns

https://prnmedia.prnewswire.com/news-releases/game-changing-approach-to-software-delivery-now-widely-available-to-department-of-defense-302271912.html

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Lockheed Martin Announces New F-35 Leader https://virtualvers.com/featured/lockheed-martin-announces-new-f-35-leader/?utm_source=rss&utm_medium=rss&utm_campaign=lockheed-martin-announces-new-f-35-leader Thu, 10 Oct 2024 17:44:34 +0000 https://virtualvers.com/?p=8901 FORT WORTH, Texas, Oct. 9, 2024 /PRNewswire/ — Lockheed Martin (NYSE:LMT) announced today Chauncey McIntosh has been named vice president and general manager of the F-35 Lightning II Program, effective Dec. 1. McIntosh succeeds Bridget Lauderdale, who will be retiring at the end of the year following a 38-year career with the company.   

McIntosh, who most recently served as the vice president and deputy of the F-35 program, is an exceptional leader with more than 20 years of business, program management, engineering and customer engagement experience. As the vice president and general manager for the F-35 program, McIntosh will be responsible for further strengthening positive customer experiences by reinforcing and continually growing the capability and reliability of the F-35; showcasing significant program progress; and ensuring the F-35 program meets the speed, agility, quality and affordability requirements deserved and expected by U.S. and international customers.

McIntosh previously led Lockheed Martin’s Integrated Warfare Systems & Sensors business, which is responsible for Aegis Weapon System software development. Under his leadership, McIntosh oversaw the successful transformation of Aegis software development. Prior to that role, he served as the vice president and general manager for Lockheed Martin’s Training and Logistics Solutions line of business, leading execution and strategic growth of mission readiness and sustainment programs including the F-35. He holds a bachelor’s degree in electrical engineering from the Georgia Institute of Technology and a master’s degree in business administration from American InterContinental University. A full bio for McIntosh is available on the Lockheed Martin website.

“Chauncey is an exceptional leader with distinct qualifications needed to lead the F-35 program. His selection showcases the strength and depth of Lockheed Martin’s leadership succession planning,” said Greg Ulmer, president, Lockheed Martin Aeronautics. “Critical leadership appointments like this will continue to advance our 21st Century Security® solutions to support our growing customer needs.”

The F-35 is the most advanced, connected fighter aircraft in the world, providing unmatched 5th Generation capabilities and strengthening allied deterrence for the U.S. and its allies. To date, 19 global customers have chosen the F-35 for its advanced, connected capabilities to strengthen 21st Century Security, enhance global partnerships and power economic growth. More than 1,000 F-35s are currently operational around the globe and have generated more than 922,000 flight hours. F-35s operate from 33 bases worldwide, including 10 nations operating on home soil. As adversaries advance and legacy aircraft age, the F-35 is critical to maintaining air dominance for decades to come.

About Lockheed Martin

Lockheed Martin is a global defense technology company driving innovation and advancing scientific discovery. Our all-domain mission solutions and 21st Century Security® vision accelerate the delivery of transformative technologies to ensure those we serve always stay ahead of ready. More information at Lockheedmartin.com.   

SOURCE Lockheed Martin Aeronautics

https://prnmedia.prnewswire.com/news-releases/lockheed-martin-announces-new-f-35-leader-302271894.html

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