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Sunday
Mar152015

Group O Appoints Nikole Morgan, Executive Director, Business Development

MILAN, IL — Group O announced today that it has appointed Nikole Morgan as Executive Director, Business Development for its Marketing Solutions unit. In this role, Morgan will be responsible for identifying and developing relationships and opportunities for the company’s O-vations™ Enterprise Reward Solutions and other marketing services.
Nikole Morgan
Morgan joined Group O in 2011 as a Client Specialist and also served as Business Development Project Manager prior to her current position. In these roles, she developed and implemented supply chain solutions for a variety of the world’s largest companies, including strategic sourcing, fulfillment and integrated distribution solutions. Previous to Group O, Morgan served in sales roles for telecommunications leaders including i-Wireless and US Cellular.
“Nikole brings a hands-on approach to understanding client needs and crafting solutions that meet their business goals,” said Charles Wetzel, President, Group O Marketing Solutions.  “She is a proven leader in delivering bottom-line improvements for our clients – and ensuring that we deliver exceptional experiences for their customers at each and every point of contact.”
Morgan holds a Bachelor of Arts degree in business from the University of Iowa. A resident of Bettendorf, Iowa, she will work from Group O headquarters in Milan, Illinois.


About Group O
Group O is a diversified business process outsourcing provider specializing in marketing services, business analytics, supply chain operations and strategic packaging solutions. A Corporate Plus member of the National Minority Supplier Development Council (nmsdc.org), Group O is an NMSDC National Minority Supplier of the Year honoree and is recognized as a Top 5 Latino-owned Business by the United States Hispanic Chamber of Commerce. Headquartered in Milan, IL, and with major operations in Illinois, Iowa, Minnesota and Texas, Group O is one of the largest Hispanic-owned companies in the United States and employs more than 1,200. To learn more, visit www.GroupO.com.

 

Thursday
Mar052015

The New York Stock Exchange Announces Garvis Toler III as Global Head of Capital Markets

NEW YORK – March 3, 2015 – The New York Stock Exchange, part of the Intercontinental Exchange (NYSE: ICE) global network of exchanges and clearing houses, today announced Garvis Toler III will become Global Head of Capital Markets focused on listings transactions. Toler will join the company on March 23, 2015. John Merrell, who has held leadership positions on the NYSE Listings team since 2008, will be responsible for listed company relationships. Both roles will report to NYSE Group President Tom Farley.

 “In 2014 the NYSE once again led all global exchanges with $70 billion dollars raised from IPOs supported by our leading market model and unparalleled visibility platform. With the addition of Garvis to our world-class team, we look forward to leveraging his experience, energy and ideas to benefit our issuers at every stage of their development,” said NYSE Group President Tom Farley.  “Garvis is an experienced and trusted advisor to many key participants in the IPO process and his background in serving a range of clients, along with his track record of leadership will be a tremendous asset to the NYSE and our network of listed companies.”

 Toler will join the NYSE from Dealogic, a Carlyle Group-owned provider of content and technology solutions that enable financial institutions to manage the process of underwriting initial public offerings and other capital markets transactions. He is the Global Head of Sales and Equity Capital Markets for the company and has also held senior management positions at MSCI, RiskMetrics Group, and independent research provider, CFRA.  Toler will join the NYSE’s experienced senior management team ensuring a comprehensive focus on anticipating and serving the needs of issuers.

 Toler joins the NYSE following Scott Cutler’s decision to leave the company. Cutler, who has served as the Head of Global Listings since 2008 said, “During my nine years at the NYSE, we’ve solidified our global leadership in capital raising and enhanced our reputation as the partner of choice for companies around the world.  I am proud of the NYSE’s consistent performance as the number one venue for IPO capital raised, our hard-earned leadership in technology IPOs, and our transformed approach to customer service and creating lasting business partnerships. Given its strong competitive position, the NYSE is poised to enter a new phase of growth and development. I believe now is the appropriate time for me to explore new frontiers.”

 Farley added, “Scott leaves behind an organization that is the unquestioned global leader in its space and is poised for even further growth in the years ahead.  I’d like to personally thank Scott for all of his dedicated efforts, including working with us during the transition over the last year.”

 NYSE is the global leader in capital raising for public companies with a total of $182 billion raised in 2014, including $70 billion in IPO proceeds. The Exchange also listed eight of the 10 largest U.S. IPOs in 2014 and continued its leadership in technology listings for the second consecutive year.


About Intercontinental ExchangeIntercontinental Exchange (NYSE:ICE) operates the leading network of regulated exchanges and clearing houses. ICE’s futures exchanges and clearing houses serve global commodity and financial markets, providing risk management and capital efficiency. The New York Stock Exchange is the world leader in capital raising and equities trading.

  Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at www.intercontinentalexchange.com/terms-of-use

 Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 - Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the SEC on February 5, 2015.  

 

Biography: Garvis Toler, IIIHead of Capital Markets, NYSE Group 

  Garvis Toler is Head of Capital Markets for NYSE Group, a wholly-owned subsidiary of Intercontinental Exchange (NYSE: ICE).  He is responsible for managing relationships and the strategic direction of the NYSE’s leading listings business.  Toler supports new listings acquisitions, retention and leads a global relationship management team.  Toler also liaises with investment banks, law firms, private equity and venture capital firms to support capital markets transactions. Prior to joining NYSE Group, he was Global Head of Sales and Equity Capital Markets at Dealogic, a strategic data, technology and solutions provider for the equity and debt capital markets.  Before joining Dealogic he held senior sales management and divisional leadership roles at MSCI, RiskMetrics Group, and independent research provider, CFRA in addition to positions at Leerink Swann & Company and J.P. Morgan Securities.  Toler holds a Bachelor of Science Degree in Engineering from the University of Virginia and a Masters of Business Administration from the Stern School of Business at New York University.

Thursday
Feb262015

Charlie Sifford An American Pioneer and Champion for Diversity 1922-2015

by Gary Olive

 

This month the game of golf and black history lost a pioneer.  Long before Tiger Woods, the Williams sisters or ESPN there was golfer Charlie Sifford. And if we are really being candid here Charlie Sifford was his own Diversity and Inclusion movement. You Charlie did not wait for the courts to act or a congressional act. Charlie was old school as were many others of his generation. A man of action.

In the late 60's and 70's he was must see TV before there was an ESPN and a 24 hour sports network. Charlie Sifford had swagger before it was cool to have swag. In his own unassuming way Charlie Sifford took on the system in a forceful, dignified manner without press conferences or photo ops. Charlie just wanted to play golf for a living which was something that was impossible for African Americans prior to 1961. That was when Charlie Sifford became the first African American of the PGA Tour. Yes he endured the racial taunts and threats that would naturally accompany a quest like the one Charlie was on. 

But still Charlie pressed on. His signature victory was winning the then Los Angeles Open in 1969. He was a five time champion of the Senior PGA Championship.

In his later years Charlie's accomplishments in the game of golf gave him much deserved honor. In 2004 he was inducted to the World Golf Hall of Fame. Sifford was awarded the Presidential Medal of Honor by President Obama in 2014 joining Nicklaus and Arnold Palmer as the only golfers to receive the Presidential Medal of Freedom. 

But it was his drive and what he meant outside the game of golf that made Charlie an unforgettable champion for Diversity. 

Nicklaus bore witness to Charlie Sifford's career in 1958 Charlie when he was paired with Charlie in the Rubber City Open. That experience and Charlie's quiet drive left a lasting impression on Nicklaus. In a letter supporting Sifford's nomination for the Medal of Freedom, Nicklaus wrote, "His legacy is not about the records he broke, but the barriers he broke."
 

Charlie Sifford was an American original. Farewell Charlie you will never be forgotten.

 

Thursday
Feb262015

Asian American Legacy: Dr. Mabel Lee

From Chinese Students Monthly (ca 1915).Like many Asian Americans who came of age in the early and middle decades of the Twentieth Century, Mabel Lee’s relative fame or notoriety vanished during the 1950s.[1] By then, many Americans believed the assimilation of immigrants was inevitable and that the integration of African Americans was the final step towards a non-racial society. Consequently, it was no longer acceptable to recognize or emphasize racial or ethnic differences among Americans of foreign descent (despite the realization that cultural differences among nations were to be respected and honored[2]).
As the de facto minister of what is now the First Chinese Baptist Church of New York between 1925 and 1966, Mabel Lee (1896-1966) secured a relatively comfortable niche in turbulent times. The decline of the woman’s missionary movement and the Social Gospel, the Great Depression, the Sino-Japanese conflict, World War II, the Chinese Civil War, and the Cold War all challenged the faith that she was nurtured in. Yet, in contrast to Margaret Chung, who left the church and pursued a non-religious life, Mabel Lee dedicated her life to her congregation and community service center in New York’s Chinatown. She was also unusual because she earned a Ph.D., something that was quite rare among Chinese American women. Finally, even though she shared her father’s evangelicalism, she was nurtured by the progressivism of the social gospel. As a result, she never connected with the wave of Chinese fundamentalists and evangelicals who came to dominate the Chinese church since the 1960s.
I first learned about Mabel Lee over twenty years ago when I was a youth and associate pastor in Brooklyn. Even among my more progressive Metro New York American Baptist ministry colleagues, it was unusual for a woman to be a lead pastor of a congregation (let alone a Chinese woman). So I investigated and found materials about her in the archives of the American Baptist Historical Society and the First Chinese Baptist Church of New York. Because of my limited Chinese language skills and a transition to Denver Seminary, this research project has never felt complete. But I managed to cobble enough together to present a paper at the 1996 Organization of American Historians meeting. The paper has a rather ambivalent conclusion, so I invite others who may know more about Mabel Lee to offer a more precise narrative of her life. The paper can be downloaded here:
A short article about her can be found in The Westminster Handbook to Women in American Religious History edited by Susan Hill Lindley and Eleanor J. Stebner  (Westminster/John Knox, 2008), page 130. It references my chapter, “Chinese Protestant Nationalism in the United States, 1880-1927,” New Spiritual Homes: Religion and Asian Americans, edited by David Yoo (University of Hawaii Press, 1999) and the paper that I presented. Unfortunately, it incorrectly identified her birth year as 1893 instead of 1896 because of a typo in my paper.
* * *

A young Mabel Lee, suffragist. At Barnard College (1914?). Courtesy of American Baptist Historical Society.A young Mabel Lee, suffragist. At Barnard College (1914?). Courtesy of American Baptist Historical Society.
Mabel Lee: feminist and suffragist
Mabel Lee was a pastor’s kid. Her father, Lee To, had been the pastor of the Baptist Chinese Mission in New York’s Chinatown since 1904. [I will add a blog about Rev. Lee To soon]
Born in Canton in 1896, Mabel accompanied her father to the United States and studied in American public schools. She enrolled in Barnard College and graduated in 1916. She then earned a Ph.D. in economics from Columbia University in 1921. Her dissertation was published later that year[3].
In addition to her father’s evangelical piety, she also shared his zeal to engage the social problems of the Chinese community in New York and overseas. During her college years, she integrated her devotion to faith, the reconstruction of China, and woman’s suffrage.
I’ve excerpted a couple of quotes from her speech “China’s Submerged Half” (1915?) and article in The Chinese Students Monthly (May 1914) entitled “The Meaning of Woman Suffrage.” The entire speech and article can be downloaded by clicking the links below.
“China’s Submerged Half” [download speech]
Our [Chinese] statesmen for century back have felt the need for female education and must have wished for it. But what was the good of their mere wishing?
The missionaries came in their turn. They not only wished and prayed, but they labored. And it is largely due to their untiring efforts in the face of obstacles well-nigh insurmountable, that the present interest in women’s education owes its existence.
Now it is our turn. What are we going to do in answer to the call of duty?
* * *
In furtherance of such a cause we students should take a leading part. To us girls especially, who are among the first to emerge, will fall the duties of pioneers and, if we do our share, ours will be the honor and the glory.
The welfare of China and possibly its very existence as an independent nation depends on rendering tardy justice to its womankind. For no nation can ever make real and lasting progress in civilization unless its women are following close to its men if not actually abreast with them.
“The Meaning of Woman Suffrage” [download article]
[Woman suffrage] is nothing more than a wider application of our ideas of justice and equality. We all believe in the idea of democracy; woman suffrage or the feminist movement (of which woman suffrage is a fourth part) is the application of democracy to women.

Mabel Lee, a newly minted Ph.D. (Metropolitan Baptists, 1923)Mabel Lee, a newly minted Ph.D. (Metropolitan Baptists, 1923)
Mabel Lee: pastor and community service worker
After completing her studies, Dr. Mabel Lee had every intention of returning to China. TheMetropolitan Baptist Bulletin, New York City reported that:
On March 28, 1923, Miss Lee sailed for France where she is now engaged in the study of European Economics, in fuller preparation for her life work, in her native land, China.  A position of great trust and signal honor awaits her arrival in China.
In one of her letters Miss Lee says: “I do thank God for the United States which gave me such wonderful opportunities for development and such a keen insight into the realms of knowledge.  I feel that my life must be devoted to helping my own people in China.” [4]

From Metropolitan Baptists newsletter (Dec., 1924)
As a feminist and suffragist, Dr. Lee was less interested in charting a career within the women’s missionary and social reform organizations.
But in November the following year, Rev. Lee To died while negotiating peace between antagonist Chinatown tongs. Mabel Lee then returned to New York City to tend to her mother and assume responsibility for the mission. Her hopes for a temporary situation faded as conditions in China worsened. It also became evident that the survival of the mission and community center depended on Mabel Lee’s skills.
The May 30th Movement erupted in China in the summer of 1925 while Dr. Lee was preparing to rededicate the Chinatown mission. She paused to write a letter of exhortation to the congregation. In it, she displays her love for China as well as a defense of Christianity in the face of increasing anti-Christian hostility in the movement. I’ve excerpted a selection below. [The entire letter can be downloaded at this link].
And all this leads to the thought that we need Christianity more than ever. It is the need of the whole world, as well as the particular nations and peoples. And it is the need of every one of us as individuals. For after all, a nation is only the sum of its individuals. We can never have a fine country if we do not have the right kind of citizens in it.
Thus even at this time of excitement there is not only time for a gathering of Christians, but special need that we should thus come together to renew our faith and trust, and resolve anew that we will each be more worthy disciples in wining more to the gospel and spreading Christ.
We might blame foreign governments and people, we may protest, and we may even shed blood. But China can never be strong unless she has the right kind of citizens. It is not only the enemy without. The enemy within is ever more dangerous. And the only way we can really conquer is through the heart, by putting Christ within.
It is not the nationality which counts. Not all Chinese are to be trusted, and not all foreigners are anxious to crush us. We have many foreign friends who are very anxious to help us win our rights. The difference lies in the fact that they have Christianity in their hearts. And in some foreign governments, the citizens are so much interested in seeing that we have fair play, that they have persuaded their governments to reflect and sponsor their individual opinions.
Let us therefore not forget the significance of our work in the Mission. It may seem very small, but the influence is very vast. Every little we put in counts. “We must be militant” as your chairman once said to me, in our work. That we because of new realization rededicate ourselves to our tasks, that every boy who comes into the Mission will be made to know Christ.
Christianity is the salvation of China, and the salvation of the whole world. Nationality does not divide us for we are one at heart. Let us pray that China will be for Christ.
From Metropolitan Baptists newsletter (Dec., 1924)It’s likely that Mabel Lee’s interest in China never waned. But I found no documentation about her thoughts about the Communist victory in 1950. In any case, she dedicated the rest of her life to the small church and community service center where she undoubtedly influenced the growing population of children and families in New York’s Chinatown.

 

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