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Friday, June 21, 2024

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AI is Changing How Americans Find Jobs, Get Promoted and Succeed at Work

Whether we realize it or not, advancements in artificial intelligence are increasingly influencing the paths of our careers.Advancements in human capital management systems, more strategic and data-driven human resource and talent management practices, and increased attention to bias are all factors that are changing how people are hired, developed, promoted and fired.I teach and work in talent management and leadership development. I’ve used these programs and practices in the real world and continue to learn and research how these practices are changing. Artificial intelligence and systems are

Moritz Fuhrmann (Photo: MPC Container Ships ASA)

MPC Container Ships Appoints Fuhrmann as CFO

Ships ASA on Thursday announced it has appointed Moritz Fuhrmann as Chief Financial Officer (CFO) from December 1, 2022. Fuhrmann will succeed the current CFO, Dr. Benjamin Pfeifer, who has resigned his position to pursue new opportunities.Fuhrmann joins the company from London-based Hayfin Capital Management LLP, where he has served as Principal in the maritime team. Prior to that, he has worked for DVB Bank in Germany and the Netherlands, Credit Suisse in Germany and the U.S., as well as for a German ship broker.Fuhrmann is a Member of the Institute of Chartered Shipbrokers and holds an MSc in

Roberts Joins BAR Technologies as COO

developed diesel engine - before becoming Plant Director for BMW’s UK transmission and suspension manufacturing operations.Roberts then moved to rail transport firm, Alstom, where he became Managing Director, taking the Virgin Pendolino tilting train into production, one of the biggest capital management and asset financing projects for UK rail at that time.Roberts then moved into Formula 1, joining racing team, McLaren.  During his time with the organization, he was instrumental in the development of hybrid technology with automotive manufacturer, Honda -  setting up a battery design

Kevin Short (Photo: Mintra)

Kevin Short Named CEO of Mintra

since 2018, takes over the leadership role from Scott Kerr following his decision to join the firm’s board of directors.“In these post-Covid times and as we slowly return to a world that can be considered more normal, there are tremendous prospects for both digital learning and human capital management software. We know that how things worked before – people constantly travelling to training facilities – will not be the same going forward. Not everything is going to switch to online, but there will be a blended approach to getting the training you want, when and where you want

“Through this transaction, Vigor gains responsible, forward-thinking investors who will seek to build on our current platform while maintaining a values-driven culture,” said Frank Foti, President and CEO of Vigor. Photo: Vigor

Vigor, MHI Acquired and Merged

In one a dramatic U.S. shipbuilding and repair move it was announced today that The Carlyle Group (NASDAQ: CG) and private equity firm Stellex Capital Management signed a definitive agreement to acquire and merge Vigor Industrial LLC, an infrastructure, defense, and maritime services company based in Portland, Oregon, and MHI Holdings LLC, a ship repair, maintenance, and other ship husbandry services company based in Norfolk, Virginia.The transaction, subject to customary closing conditions, is expected to close by the end of the third quarter 2019.Financial terms were not disclosed.“Through

Mark Montgomery (Photo: Ports America)

Montgomery Named CEO of Ports America

Montgomery as president and CEO. He replaces former president and CEO, Michael Hassing.Montgomery was previously president and CEO of Ports America Chesapeake (PAC) from 2010 to 2014, and currently serves as a senior advisor and operating partner to the Infrastructure Investing strategy of Oaktree Capital Management, L.P. (Oaktree), where he brings more than 30 years of maritime industry experience.Montgomery led the company through a successful Public Private Partnership with the Maryland Port Administration at PAC in 2010. He also serves in board roles at the Port Newark Container Terminal (PNCT), PAC

David Batista (Photo: Aquabotix)

Batista Named CEO at Aquabotix

.”    Batista joins Aquabotix with more than 20 years of experience working with small-cap listed companies, both in the U.S. and Australia. He is the former Senior Managing Director of independent financial services firm Viriathus Holdings LLC., and previously held roles with HPC Capital Management Corp., SoundView Technology Group and Lehman Brothers Inc. A graduate of C.W. Post College, Batista also has several post-graduate qualifications from The New York Institute of Finance

Two Join Ports of Indiana Commission

Monica Newhouse-Rodriguez and Michael Browning have been appointed by Indiana Governor Eric J. Holcomb to the Ports of Indiana Commission.   Newhouse-Rodriguez is managing principal of Newhouse and Associates, a national airport consulting firm which provides airport planning, capital management and development services. Browning is the former president and CEO, and now chairman of the board, for Browning Investments, the largest developer of industrial distribution facilities in central Indiana.    "It is an honor to have two business professionals with such distinguished

Susan “Suz” Michel (Photo: Crowley)

Crowley Names Michel VP, Human Resources and Learning

Crowley Maritime Corp. has appointed Susan “Suz” Michel as vice president of human resources and learning, bringing all aspects of human capital management under her leadership – from talent acquisition to training and professional development to long-term employee retention.   Michel joined Crowley in 2004 and most recently served as vice president of organizational development and change leadership. She will remain based in Jacksonville and continue to report to Carl Fox, senior vice president of corporate services.   In her new role Michel will oversee all aspects of

Photo: Seafarers’ House

Seafarers’ House Wraps Up Shoebox Christmas

; Volunteers and supporters came from a wide range of businesses, schools and organizations including: Parkway Christian School, South Florida Chapter of Women’s International Shipping and Trading Association (WISTA), BB&T, Humana, JetBlue, Miller Legg, Moss and Associates, Community Capital Management, Crowley Maritime Corporation, Resolve Marine Group, American Maritime Officers, Port Everglades and many churches.   “Without these dedicated and hard-working volunteers, our annual Shoebox Christmas event would not be as successful as it is,” said Seafarers’ House

Harkand North America Salvaged by MBO

, to be named ETHOS OFFSHORE LIMITED, will continue to provide subsea engineering and construction services to Harkand’s existing US, Mexican and West African client base to market-leading standards.     The new company, backed by investment funds advised and managed by Oaktree Capital Management, L.P. (“Oaktree”), is expected to have a contracted backlog of $145 million worth of projects. The move also could potentially safeguard more than 100 jobs across North America, Africa and Mexico.   The MBO has ensured that Ethos Offshore is able to deliver the full scope

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