Sep 23, 2021

Bordeaux Wealth Advisors

Myers

Bordeaux Wealth Advisors, a boutique investment advisory and wealth management firm with offices in Silicon Valley and Seattle, announced that CEO Tom Myers has again made Barron's list of Top 100 Independent Advisors. Myers has 35 years of wealth advisory services experience with a background in investments, finance and taxation. He has been recognized by Barron's 12 times in his career, and was named to Barron's Advisor Hall of Fame in 2019. Barron's uses a ranking formula that analyzes the advisor's volume of firm assets, revenues they generated for the firm, and the quality of their practice. Bordeaux manages approximately $3.9 billion of client assets. Since 1921, Barron's has been a leading source of financial news, providing analysis and commentary on stocks, investments, and how markets are moving across the globe. Advisors appearing in Barron's ranking have answered over 100 questions about their businesses in the publication's annual survey.

Department of Corrections

Darneille

Department of Corrections (DOC) Secretary Cheryl Strange has named state senator Jeannie Darneille (D-Tacoma) as assistant secretary of DOC's Women's Prison Division. Darneille has represented the 27th Legislative District for over two decades and is a leading voice for juvenile and criminal justice reforms in Washington State. She currently chairs the Senate Human Services, Reentry & Rehabilitation Committee and serves on the state Senate Law & Justice and Ways & Means committees. Senator Darneille has been an advocate on several task forces addressing poverty, homelessness, incarceration, and child welfare. Darneille's new role will oversee the development of a new Women's Prison Division within the DOC and carries with that responsibilities ranging from policy development and programming to safety and security. Secretary Strange created a Women's Prison Division early in her appointment as DOC Secretary, to advance the department's efforts to develop a gender responsive program that will better address the needs of DOC's female incarcerated population.

Opportunity International

Opportunity International, a global non-profit providing financial services to lift people out of poverty, has named retired Microsoft executive Greg Nelson to its board of directors. Nelson most recently was vice president of partner ecosystem, helping Microsoft's Business Applications Independent Software Vendors grow their business. Over his 26-year career at Microsoft, Nelson held a variety of roles spanning disciplines including engineering, partner and business development, marketing and sales. His previous work in developing economies includes teaching English in China and serving as a Rotary Scholar at the University of Cape Town, where he did a one-year post-graduate degree in African Studies with a focus on political transition. Opportunity International provides 19.4 million families with financial resources, training, and support to grow their small businesses and send their children to school.

Sep 22, 2021

PMI Worldwide

Smith

PMI Worldwide, a global manufacturer of food and beverage container solutions, announced that Barbara Smith has been appointed vice president, supply chain operations. Smith will lead all aspects of PMI's supply chain operations in the North America and EMEA regions, including sales, demand and supply planning, sourcing, manufacturing, warehousing and logistics. Smith spent three decades in leadership positions at Procter & Gamble, ultimately overseeing supply network operations, manufacturing operations, quality assurance and quality control governance. Smith will partner with PMI's supply chain executives in Asia and South America to set, execute and improve supply chain strategies and performance globally. She will also work closely with PMI customer stakeholders on supply chain solutions and service delivery. Headquartered in Seattle, PMI Worldwide has offices in San Francisco, Shanghai, Shenzhen, Amsterdam, Manila, Rio de Janeiro, and Bentonville, Arkansas.

F5 Acquisition

Seattle-based F5 has reached a definitive agreement to acquire held Threat Stack, a provider of cloud security and workload protection. F5 will acquire all issued and outstanding shares of Threat Stack, a private company headquartered in Boston, for $68 million in purchase consideration, to be financed with balance sheet cash. The transaction is expected to be immaterial to F5's financial results, adding approximately $15 million in revenue for fiscal year 2022 with no change to F5's previously stated operating margin targets for fiscal year 2022. The acquisition is subject to customary closing conditions and is expected to close in F5's first quarter fiscal year 2022, ending Dec. 31, 2021. Foros acted as financial advisor to F5 on this transaction. Skadden, Arps, Slate, Meagher & Flom acted as legal advisor to F5. Boston Meridian Partners acted as strategic advisor and Choate, Hall & Stewart provided legal counsel to Threat Stack.

Convoy

Digital-freight network Convoy has joined the United Nations Global Compact, the world's largest corporate sustainability initiative, as a participant. With this commitment, Seattle-based Convoy is joining thousands of other companies from around the world in demonstrating its support for the development, implementation and disclosure of responsible business practices. The UN Global Compact is a call to companies to align their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption, and to take action in support of UN goals and issues embodied in the Sustainable Development Goals. In line with the Global Compact's environment principles, Convoy is reducing empty miles in transportation by leveraging technology and data to optimize how thousands of truckloads efficiently move around the United States each day via its digital freight network. Launched in 2000, the UN Global Compact is the largest corporate sustainability initiative in the world, with more than 9,500 companies and 3,000 non-business signatories from more than 160 countries.

Sep 21, 2021

Torq

Torq has appointed Jason Chan to the company's CISO advisory board. Chan will work closely with Torq's leadership and product teams, as well as with customers seeking to modernize their security automation practices. After spending most of his 20-plus year career in cybersecurity, Chan recently retired from his role leading information security at Netflix. Prior to Netflix, he led the security team at VMWare and spent most of his earlier career in security consulting. This announcement follows Torq's recent public launch, and announcement of a $20M Series A round led by GGV Capital, as well as a previously undisclosed $8M seed from Bessemer Venture Partners. Torq is a no-code automation platform for security and operations teams. Founded in 2020, the company has offices in Portland, Tel Aviv and New York.

Sonoma Biotherapeutics

Sonoma Biotherapeutics, an immune tolerance company focused on the development of regulatory T cell therapies, appointed Doug Sheehy as chief legal officer and secretary. Sheehy is a senior biotechnology executive who has managed global legal and compliance operations for multiple companies. Prior to joining Sonoma, he served as general counsel and secretary for Aimmune Therapeutics. Sheehy previously served as executive vice president, chief administrative officer, general counsel and secretary of Codexis, and prior to that he served as executive director, legal at CV Therapeutics. Sonoma Biotherapeutics is based in South San Francisco and Seattle.

T-Mobile

Bellevue-based T-Mobile US announced that Mark Nelson will join the company as executive vice president and general counsel in October. Current general counsel Dave Miller announced his retirement after 26 years with T-Mobile. Nelson will report directly to CEO Mike Sievert. The company also announced that its board of directors has elected Broady Hodder, senior vice president of corporate governance and strategic transactions, as its corporate secretary, reporting to Nelson. Having practiced law for over 25 years at Cleary Gottlieb, Nelson joins T-Mobile with a broad range of experience in merger work and antitrust counseling, civil and criminal litigation, and regulatory proceedings before federal and state government agencies. He has been counsel to T-Mobile US for the past two decades and has advised the company on a variety of matters, including T-Mobile US's acquisition of MetroPCS and its merger with Sprint. Hodder will oversee the company's corporate governance activities. He joined T-Mobile's legal team in early 2018.

Parcion Private Wealth

Parcion Private Wealth, a Seattle-area wealth management firm focused on helping business owners and entrepreneurs optimize wealth events, hired Sarah Kaler as chief people and culture officer. Kaler has more than 20 years of experience developing business executives and their teams at high growth startups, exclusive firms, global brands and Fortune 500 companies, including lululemon, athletica, Google, Whole Foods, Amazon, Facebook, Hulu, Disney, PepsiCo, Intel, Accenture, Cisco, Hilton Hotels, Levi's, SoFi, and Microsoft. Prior to joining Parcion Kaler spent 10 years in senior executive roles at lululemon.