On Monday, PTC Inc (NASDAQ:PTC)’s shares inclined 1.71% to $33.99.
PTC (PTC), a global provider of technology platforms and enterprise solutions to create, operate and service smart and connected products, recently declared its Chief Executive Officer, Jim Heppelmann, was named CEO of the Year by the Massachusetts Technology Leadership Council (MassTLC) during the 2015 Technology Leadership Awards gala.
The IoT is an industry- and world-changing wave of transformation for companies across many new industries. It also has an impact on companies’ operations and organizational structure for how the products are developed, the importance of harnessing product data and data analytics, and the benefits to be gained when departments across an organization are part of the strategy. PTC’s Heppelmann explored this trend in great detail in an article entitled How Smart, Connected Products are Transforming Companies, co-authored with Harvard Professor Michael Porter and published in the October issue of the Harvard Business Review.
PTC Inc. develops, markets, and supports software products and solutions in the areas of computer-aided design (CAD), product lifecycle administration (PLM), application lifecycle administration (ALM), service lifecycle administration (SLM), and Internet of things (IoT) worldwide.
T.Rowe Price Group Inc (NASDAQ:TROW)’s shares gained 0.93% to $70.22.
T. Rowe Price Group, Inc. (TROW) declared that its board of directors has elected H. Lawrence “Larry” Culp, Jr. and Alan D. Wilson to be independent directors of the company.
Mr. Culp was chief executive officer and president of Danaher Corporation from 2001 to 2014 and is now a senior advisor to the company. He serves as chair of the Board of Visitors and Governors for Washington College and as a member of the Board of Trustees of Wake Forest University. Mr. Culp recently joined the faculty of the Harvard Business School as a senior lecturer and in 2014 he ranked 38th on Harvard Business Review’s list of the 100 best-performing CEOs in the world.
Mr. Culp holds a Bachelor of Arts degree from Washington College and an M.B.A from Harvard Business School.
Mr. Wilson is chairman and chief executive officer of McCormick & Company, Incorporated, a position he has held since 2008. He serves on the boards of directors of WestRock Company, the Grocery Manufacturers Association, the National Association of Manufacturers, and the Greater Baltimore Committee. Mr. Wilson also serves on the Board of Visitors of the University of Maryland, Baltimore County (UMBC) in addition to the Advisory Council for the University of Tennessee’s Haslam College of Business. He was named the 2013 Business Leader of the Year by Loyola University Maryland’s Sellinger School of Business and Administration.
T.Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Through its auxiliaries, it launches and manages equity and fixed income mutual funds. The firm also launches balanced mutual funds and private equity funds.
At the end of Monday’s trade, Southern Co (NYSE:SO)‘s shares surged 0.78% to $43.77.
Georgia Power is the largest partner of Southern Company (SO), Georgia Power declared recently that Dr. Mark Berry has been named vice president of Environmental Affairs. Dr. Berry replaces Ron Shipman, who was recently named vice president of Georgia Power’s Central Region. Preceding to joining Georgia Power, Dr. Berry served as director in the generation sector at the Electric Power Research Institute (EPRI) where he led research and development efforts in renewable energy, water administration, carbon capture and storage, and advanced fossil generation areas.
Proceeding to joining EPRI, Dr. Berry spent nearly two decades with Southern Company, counting manager of Environmental Assessment for the company’s Research and Environmental Affairs organization, in addition to director of Research and Technology Administration. In these roles, he managed the company’s regulatory response to federal rulemaking activity and the environmental science research program, in addition to research efforts around emissions controls; energy efficiency; renewables; power delivery; central station generation; and carbon-capture utilization and storage. Berry also served as director of energy and environment at the Southern Research Institute and as a surface warfare officer in the U.S. Navy with the rank of lieutenant commander.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi. The company also constructs, acquires, owns, and manages generation assets, counting renewable energy projects. As of December 31, 2014, it operated 33 hydroelectric generating stations, 33 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 9 solar facilities, 1 biomass facility, and 1 landfill gas facility.
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