NEWS FROM OTHER SOURCES
– The Tennessee General Assembly and Governor Bill Lee joined other lawmakers who want the Tennessee Valley Authority to make all of its meetings open to the public. Read Toby Sells’ story in the Memphis Flyer here.
– The skyscrapers are coming: A zoning exception granted Thursday by the Land Use Control Board would allow the proposed Clipper mixed-use project to go up to 275 feet. Read Tom Bailey’s story in the Daily Memphian here.
– Amazon is going to one-day delivery, but some analysts think it’s not that big a deal for FedEx. Read Max Garland’s story in The Commercial Appeal here.
– The nonprofit Resources for Human Development, a national organization that works with the developmentally disabled, is closing its office in Memphis and dismissing 80 employees. Read Samuel Hardiman’s story in the Memphis Business Journal here.
Got an event? Send your info to Samuel X. Cicci at [email protected]
– Margarita Festival: Vote on the city’s best margarita makers. Ticket ($34) includes entry to the event and 15 margarita samples, plus food, cash bar, and entertainment. Proceeds benefit Volunteer Memphis. May 11, 3-6 p.m., Fourth Bluff Park. More info here.
– Davos in the Delta: More than 300 experts in ag and tech will attend a four-day conference to discuss the future of the global food system and encouraging new investment. It’s May 13-16 at the Peabody. For registration, go here.
– Finance consultant Thomas Ho of THC Financial Engineering to discuss upcoming changes in banking regulations. Current Expected Credit Loss (CECL) standards take effect Dec. 15, 2019, for public business entities that are US SEC filers and they will fundamentally change how banks estimate losses. The event, sponsored by Joel Banes and Banes Capital Group, LLC, is for bank and credit union leaders and accountants. It’s at 2:30 p.m. May 16 at the Crescent Club, 6075 Poplar Avenue. No charge, but seating is limited. RSVP to [email protected] to reserve a spot.
THE HOT SHEET
Who’s getting promoted? Who’s closing big deals? Who’s getting awards? Inside Memphis Business magazine’s Hot Sheet has the latest on milestones in Memphis.
– Ballet Memphis announced Steven McMahon (pictured) as the organization’s new artistic director.
– Paragon Bank added Eric Faught and Hayden Murry as financial services associates.
– Baker Donelson elected 11 new shareholders, including the Memphis firm’s Chad M. Wilgenbusch.
– Folk’s Folly hired Hershal E. Pomtree as assistant manager.
– Frank Stallworth joined Orion FCU as executive vice president of commercial real estate.
– Continental Realty Advisors (CRA), a Denver-based owner of multifamily communities nationwide, announced the sale of the 306-unit The Preserve at Southwind Apartments in Germantown. CRA improved the property with upgrades to common areas and amenities, and light renovations to most of the units.
Inside Memphis Business magazine publishes a list of local Power Players every year. These are the movers and shakers in more than 30 categories who get things done in their respective fields. IMB’s April issue has the complete list. We also publish individual categories in other issues throughout the year, and we feature individual Power Players in our weekly Tip Sheet.
This week’s Power Player is Kevin Dean, chief executive officer, Momentum Nonprofit Partners. B.A., U of M; M.S., Christian Brothers University. Recipient, 2013 Ruth J. Colvin and Frank C. Laubach Award for Excellence in Community-Based Adult Literacy from ProLiteracy in Washington, D.C.; 2015 Innovation Awards, Inside Memphis Business. In 2006, won national award for nationally replicated service-learning based curriculum that engaged young people in disaster relief and cleanup. Co-authored literacy-themed service-learning curriculum for high school students that has been used across the United States.
“Currently, there are very few opportunities for the public to engage with TVA and what little interaction the public had has severely diminished with the change in structure to the board meetings.”
– Lindsay Pace, Tennessee regional organizer on the Renew TN campaign, on the utility’s moves to limit transparency. Quoted in the Memphis Flyer.