Second Harvest Food Bank of Middle Tennessee has announced the addition of five Middle Tennessee community leaders to its board of directors.
According to a release, the additions bring the number of board members to 30.
Jennifer Peters
Courtesy of Second Harvest
The new members are Rob Cook, Merrill Lynch Wealth Management; Darren De Generro, managing director, central region leader, PNC Bank; Lindsey Paola, chief operating officer, Nashville Soccer Club; David Whelan, vice president of strategic planning, HCA Healthcare TriStar Division; and Erin Wilkins, market president, Press Ganey.
“Over the years, we have been so fortunate at Second Harvest to bring onto our board leaders with impeccable credentials who share our belief that no one in Middle and West Tennessee should go hungry,” Jennifer Peters, board chair, said in the release.
“We are all committed to a future where everyone has the nourishment they need to thrive, and no food is wasted. Alongside the amazing leadership and staff at Second Harvest, their partners, and volunteers, we will not stop until that goal is reached.”
AB announces September AUM of $806M
Nashville-based global investment firm AllianceBernstein has announced that preliminary assets under management increased to $806 billion during September 2024 from $791 billion at the end of August.
According to a release, the 2 percent increase in month-end AUM was driven by market appreciation and net inflows into three distribution channels (retail, institutions and private wealth). For the quarter ended September 2024, preliminary firmwide net inflows totaled $900 million.
AllianceBernstein shares (ticker: AB) were priced at $35.50, up $0.30 per share (0.86 percent) in late-afternoon trading Friday. The shares started the year valued at $31.10.
Court issues ruling related to fairgrounds
Davidson County Chancellor Anne Martin has granted a request, filed by a Fairgrounds Speedway racer, to dismiss a lawsuit challenging a planned referendum related to the track.
The Nashville Banner reports the plaintiff missed a filing deadline during the summer. However, the effort, in general, was nonetheless effective, as it prevented an advocacy group from seeking signatures so as to place their question before Nashville voters in November.
The advocacy group attempted to amend the Metro Charter, deleting protections for Fairgrounds Nashville auto racing and, instead, inserting language guaranteeing affordable housing be provided at the South Nashville property. Kenny Byrd, a petitioner, told the Banner that his group still plans to attempt to have the measure on a future ballot.
Dexory taps Nashville for U.S. headquarters
Dexory, a London-based logistics robotics and data intelligence company, has announced it has established its North American headquarters in Nashville.
The announcement comes after Dexory said earlier this year it has established a presence in six U.S. states, following its entry into the North American market.
“Businesses across the globe are looking at extracting more insights from their warehousing operations and this is where Dexory can rapidly help businesses unlock actionable data insights from the warehouse that help boost efficiencies across the board,” Andrei Danescu, CEO and co-Founder of Dexory, said in the release. “After entering the U.S. market, we’re excited to open new offices in Nashville.”
