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Former College President returns to Saint Mary’s to teach courses in 2020

first_imgFormer College President Jan Cervelli will return to Saint Mary’s to teach courses in art and environmental studies in the spring of 2020. The announcement comes several months after Cervelli filed a civil lawsuit against Saint Mary’s, alleging members of the College’s Board of Trustees pressured her to resign and did not honor their settlement agreement with her.Donna Fischman, director of integrated communications, stated Cervelli has always been a tenured professor and will be fulfilling those duties in the spring semester. “Cervelli has been a tenured professor since she joined the College,” Fischman said. “Last fall, she resigned from her position as president but retained her tenure status. She is scheduled to teach art and environmental studies courses in the spring semester.”Kathy Reddy, a source close to Cervelli, confirmed her professorship with the College in September and said Cervelli had started negotiating with the College in August to teach courses during the spring semester. Posters advertising the ART 274 course “Introduction to Environmental Design” with Cervelli listed as the instructor were posted around the College’s campus Wednesday. The posters encourage students to email Cervelli at [email protected] if they have questions about the course. Tags: Jan Cervelli, President Jan Cervellilast_img read more

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Credit unions turn borrowers into savers

first_imgSaving money by taking out a loan may sound counterintuitive, but a program offered by some credit unions is aimed at having consumers do just that.“Borrow and Save” programs, which tie small loans to forced savings by the borrowers, showed promise in a recent pilot test at 12 credit unions, said Andrew Downin, managing director of innovation at the nonprofit Filene Research Institute, a consumer finance research organization.“The goal is to establish a behavior and a habit of saving,” Mr. Downin said.This month the institute published a study of several new financial products, including Borrow and Save. The loan program was initially used by members of the National Federation of Community Development Credit Unions as a way to help their low- and moderate-income customers avoid high-cost borrowing and build savings for emergencies. The Filene Institute conducted the broader pilot over 16 months with a grant from the Ford Foundation. continue reading » 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Walt Disney’s Iger steps down as CEO, parks head Chapek to take reins

first_imgAnalysts on the call, as well as two former employees Reuters interviewed, questioned if Chapek had sufficient experience in the entertainment business. The former employees expressed surprise that Kevin Mayer, chairman of Direct-to-Consumer and International, was not named to the top job, especially after the roll-out of the Disney+ streaming service, which attracted 10 million sign-ups in its first day.In Chapek’s new role, which is effective immediately, the company said he will directly oversee all of Disney’s business segments and corporate functions.As chairman of Disney theme parks division, Chapek oversaw Disney’s largest business segment, including the opening of Disney’s first theme park and resort in mainland China and the creation of the new Star Wars: Galaxy’s Edge lands at Disneyland and Walt Disney World. He joined Disney in 1993.Read also: Global box office has biggest ever year thanks to Disney mega-hitsChapek “did a great job of growing the home entertainment business and built consumer products at Disney,” said Michael Wolf, founder of Activate, a technology and strategy consulting firm. “Bob is one of the best managers in the entertainment business. And not a lot of people know about him.”Iger, who has been CEO since 2005, built up the Disney brand through a series of acquisitions, including animation studio Pixar in 2006, Marvel in 2009, and “Star Wars” franchise owner Lucasfilm in 2012. His biggest bet was the purchase of 21st Century Fox, a deal that was instrumental in launching Disney+.Shares of Disney, which ended the day down 3.6 percent, fell another 2.2 percent after the markets closed. Walt Disney Co’s Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesday, ending years of speculation on who will take over Hollywood’s most powerful studio.Iger is still keeping a significant role at the company. He will assume the post of executive chairman and direct the company’s “creative endeavors” until his contract ends on Dec. 31, 2021, Disney said.“The company has gotten larger and more complex just in the recent 12 months,” Iger said on a conference call on Tuesday, citing its purchase of 21st Century Fox and launch of direct-to-consumer services such as Disney+ last year. Read also: Disney fund names West Kalimantan woman environmental hero“I felt that with the asset bases in place and with our strategy deployed I should be spending as much time as possible on the creative side of our business.”Chapek, who will be the seventh CEO in the company’s nearly 100-year history, has most recently served as the chairman of Disney Parks, Experiences and Products. Chapek will report to Iger.Walt Disney Parks and Resorts chairman Bob Chapek. (Reuters/Tyrone Siu)center_img Topics :last_img read more

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