Joseph Martyak named as CPSC’s new Director of Communications

U.S. Consumer Product Safety Commission (CPSC) Acting Chairman Ann Marie Buerkle announced that Joseph J. Martyak has returned to CPSC to serve as Director of the Office of Communications. He reports directly to CPSC’s Acting Chairman.

Mr. Martyak has extensive communications experience in several government, private sector, and non-profit positions, including: Vice President of Communications for the Hawaii Community Foundation; Chief of Staff for former CPSC Commissioner Nancy Nord and Chief Counsel for Commissioner Ann Marie Buerkle at CPSC; Associate Administrator for Public Affairs at the U.S. Environmental Protection Agency; Deputy Undersecretary at the U.S. Department of the Interior; General Manager, Golin Harris International (Washington); Executive Vice president for Marketing, Communications and Public Policy for the American Legacy Foundation; and Vice-President for Corporate Affairs for two global corporations.

The U.S. Consumer Product Safety Commission is charged with protecting the public from unreasonable risks of injury or death associated with the use of thousands of types of consumer products under the agency’s jurisdiction.  Deaths, injuries, and property damage from consumer product incidents cost the nation more than USD 1 trillion annually. CPSC is committed to protecting consumers and families from products that pose a fire, electrical, chemical or mechanical hazard. CPSC’s work to ensure the safety of consumer products – such as toys, cribs, power tools, cigarette lighters and household chemicals – contributed to a decline in the rate of deaths and injuries associated with consumer products over the past 40 years.

Federal law bars any person from selling products subject to a publicly-announced voluntary recall by a manufacturer or a mandatory recall ordered by the Commission.


New Treasurer for  German ITRS

Michael Teckenberg was elected as new treasurer at the general member assembly of the ITRS Industrial Association of Technical Textiles – Shutters and Shades.

He succeeds Lars Rippstein who served only for one year because he changes on January 1m 2017 as fulltime manager of the association.

Michael Teckenberg serves already for several years as assessor of the board of directors is aware of the fact that his new assignment will offer various and demanding challenges. “With the new managing team a new era will start after twenty years. Gertrud Müller as longtime manager with excellent financial knowhow assured to assist me before she will leave the association” that has propelled my quick decision to accept the new task.

In 2016  the balanced budget of 2016 was commended by the members, according to Gertrud Müller the same will be true also for 2017, the last year in her responsibility, of course unforeseen costs excepted.

The members also approved the amendment of the translocation of the headquarters of the association from Mönchengladbach to the home city of Lars Rippstein, which is Fulda.

The heads of the various special groups within the association reported on the activities since the last general assembly. In the focus is set on standardisation or the set-up of general rules and recommendations as well as specific work for the practice.

The requested contour markings according to the European requirements ECE 104 for truck coverings were explained by the expert Gernot Sauter from 3M GmbH, Neuss. Dr Stefan Schlitzberger from Engineering Hauser reported on the project study of an energetic yearlong balance of windows with graduation and in view to renovations.

Elections in the special groups took place. IVRSA has elected Wilhelm Hachtel as head, he has temporarily taken over the function from Hermann Frentzen, also Hans-Albrecht Kohlmann – already temporarily assigned, was pleased by an unanimous result, corresponding with treasurer Klaus Braun who was up for re-election to the board.

Jan Berke is after 20 years leaving the board of Structural Engineering, he was replaced by Stefan Teuber. Joachim Rees is the head of the special group digital printing and textile advertising technology succeeding the elected treasurer Michael Teckenberg.

For Gertrud Müller, managing director of the association it was the last member meeting after almost 23 years of service. President Wolfgang Rudolf-Wirtrin announced that an official good bye event in her honour will take place in March 2019, and in the framework of R+T in Stuttgart.


Nancy Asiko Onyango named as Director of the IMF’s Office of Independent Audit

International Monetary Fund (IMF) Managing Director Christine Lagarde today announced her decision to appoint Nancy Asiko Onyango as Director of the Fund’s Office of Internal Audit and Inspection (OIA). The OIA conducts independent examinations of the IMF’s internal control and governance processes.

Ms. Onyango, a Kenyan national, will succeed Clare Brady, who left the Fund earlier this autumn. Her appointment will take effect in February 2018.

“Ms. Onyango brings to the Fund more than 25 years of experience in internal audit, strategic risk management, corporate governance, and IT risk management,” Ms. Lagarde said. “In addition to her extensive assurance and corporate governance experience, Nancy is passionate about empowering women and girls, notably in harnessing their leadership potential. She is a Global Give Back Circle mentor to girls from disadvantaged backgrounds.”

“I have full confidence that the OIA will continue to thrive under Nancy’s leadership,” Ms. Lagarde said.

Ms. Onyango has significant international, continental and regional experience gained in the United Kingdom, Europe, and Africa. She has worked across several industry sectors, including financial services, and with several governments, development agencies, and non-governmental organizations. Most recently, she was the CEO at Reliance Risk Advisory Solutions based in Kenya. Before that she was a Partner at PricewaterhouseCoopers, Kenya.

She is a Certified Public Accountant (CPA). She holds a doctorate degree in Business Administration from the United States International University—Africa in Nairobi in conjunction with the Columbia Business School, specializing in gender leadership and organizational change management, amongst other degrees.  Nancy also holds several international certifications from global institutions such as the Information Systems Audit and Control Association and the Institute of Internal Auditors.


CTI Industries Corporation Board approves changes in management structure

The Board of Directors of CTI Industries Corporation (NASDAQ Capital Market: CTIB) is pleased to announce the following changes to the management structure effective December 1, 2017.

John Schwan has retired as the Chief Executive Officer and, while remaining Chairman of the Board, will be CTI’s first non-management chairman.

Stephen M. Merrick has vacated the presidency of CTI Industries and has been appointed to the position of Chief Executive Officer.

Jeffrey S. Hyland has been named to replace Mr. Merrick as President and the Board of Directors has acted to appoint Mr. Hyland to the Board of Directors to fill a vacancy on the Board.  Mr. Hyland comes to CTI Industries as a seasoned senior-level executive with strong record of successfully growing and improving profitability of businesses.  He has extensive background in all aspects of business management and consulting including strategy, planning, sales, operations, administrative, financial, restructuring, and mergers and acquisitions. Mr. Hyland has served as a consultant to CTI on several occasions and his experience with CTI extends over ten years.  He has a CPA and MBA in Marketing and Finance from Northwestern University’s J.L. Kellogg Graduate School of Management.

Collins, the Lead Non-Management director of CTI noted “Our goal has been to put in place a leadership transition plan that would allow CTI to seamlessly accomplish short and long-term success in the growth of both the top line and bottom line for our shareholders.  We are confident that we have done that.”

CTI Industries Corporation is one of the leading manufacturers and marketers of foil and latex balloons, develops, produces and markets vacuum sealing systems for household use, produces laminated and printed films for commercial uses and markets home organizing products.  CTI markets its products throughout the United States and in a number of other countries.


Big Lots CEO, David Campisi, to take temporary Medical Leave

Lisa Bachmann and Tim Johnson assigned executive responsibilities during leave

Lisa M. Bachmann
David Campisi

Big Lots, Inc. announced on December 4, 2017 that David Campisi, its president and CEO, took medical leave after he was hospitalised on Friday, December 1st, shortly after the Company’s third quarter earnings call. Mr. Campisi is now recuperating at home. In connection with Mr. Campisi’s temporary leave of absence, the Big Lots Board of Directors has assigned Mr. Campisi’s executive responsibilities to Lisa M. Bachmann, Executive Vice President, Chief Merchandising & Operating Officer, and Timothy A. Johnson, Executive Vice President, Chief Administrative & Chief Financial Officer, effective immediately.

Bachmann and Johnson will continue to work closely with the other members of the Company’s Executive Leadership Team (ELT) and the Board during Mr. Campisi’s medical leave. In addition, James R. Chambers, the Company’s non-executive chair of the Board, intends to spend additional time in Columbus with the leadership team during the duration of the medical leave.

“We have complete confidence in Lisa and TJ and the rest of the leadership team at Big Lots to continue the Company’s strategic initiatives. David Campisi is an inspirational leader, and we look forward to his return to good health and to leading the Company again,” said Chambers.

Headquartered in Columbus, Ohio, Big Lots, Inc. is a community retailer operating 1430 BIG LOTS stores in 47 states, dedicated to friendly service, trustworthy value, and affordable solutions in every season and category – furniture, food, décor, and more. We exist to serve everyone like family, providing a better shopping experience for our customers, valuing and developing our associates, and creating growth for our shareholders. Big Lots supports the communities it serves through the Big Lots Foundation, a charitable organization focused on four areas of need: hunger, housing, healthcare, and education.