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CORPORATE
•HealthEquity Inc., Draper, announced the pricing of a previously announced secondary offering of shares of its common stock. Certain stockholders have agreed to sell a total of 2.5 million shares of the stock in an underwritten public offering, which are being sold by the underwriters at a price to the public of $35.85 per share. The offering was expected to close last week. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of the company’s common stock. HealthEquity will not receive any proceeds from the sale of the shares offered by the selling stockholders.Jefferies LLCandRaymond James & Associates Inc.acted as joint book-running managers for the offering.
DIVIDENDS
•People’s Utah Bancorp, American Fork, announced that its board of directors has declared a quarterly dividend of 8 cents per share. The dividend is payable Nov. 14 to shareholders of record Nov. 1. The figure represents a 14.3 percent increase in the dividend.
ENERGY/NATURAL RESOURCES
• The board of directors ofDominion Midstream GP LLC, the general partner ofDominion Midstream Partners LP, has appointedHarris H. Simmonsas a director. Simmons, formerly lead director on the board of directors of Questar Corp. until the Dominion Resources Inc.-Questar Corp. merger, is chairman and chief executive officer of Salt Lake City-based Zions Bancorporation. He has been with Zions for more than 35 years, serving in a variety of positions. Simmons was named CEO in 1990 and added chairman to his duties in 2002. His other corporate board experience includes O.C. Tanner Co. and National Life Group. His education includes a bachelor’s degree in economics from the University of Utah in 1977.
GOVERNMENT
• TheUtah Procurement and Technical Assistance Centers(PTAC), a program of the Governor’s Office of Economic Development (GOED), has reported that it helped Utah companies win more than $38 million in government contracts in September. PTAC closed the month with 36 individual government contracts for 12 Utah companies. More than 770 jobs were created or retained as a result of the contract awards.
• SMG, the company that manages theSalt Lake County Equestrian Park & Events Centerin South Jordan on behalf of Salt Lake County, has hiredJo E. Stowellas director of the facility. Stowell previously was in Illinois, where she was the senior sales manager and department head of the Peoria Civic Center. Her experience also includes working at the Peoria Area Convention and Visitors Bureau.
HEALTHCARE
•Rucursion Pharm-aceuticals, Salt Lake City, has hiredJohn Pereiraas chief operating officer. Pereira has experience in business management, operations and technology strategy. He previously was chief operating officer at Experticity; vice president of all product, marketing and operational activities of AncestryDNA; senior manager of operations integration at Amazon.com; and a naval officer for the U.S. Navy, where he led the Navigation and Administrative Department of theUSS Reid, among other positions and duties. He also serves on the board of directors for Athletigen and the advisory board of Channel Signal.
• TheNemours Foundation Board of Directorshas elected four new members, includingMarc Probst, chief information officer and vice president at Intermountain Healthcare. Probst will help position the Nemours Children’s Health System for continued growth, as well as maintain the high quality of care for children and families. Nemours is a children’s health system that owns and operates the Alfred I. DuPont Hospital for Children in Washington, Delaware; Nemours Children’s Hospital in Orlando, Florida; and more than 60 pediatric specialty, primary and urgent care clinics in four states. Probst has been involved with information technology and healthcare services for more than 30 years. He serves the federal government in health IT related matters, including more than seven years on the Federal Healthcare Information Technology Policy Committee (HITPC), developing policy and measures in support of advancing the use of electronic medical records across the country. He serves as board chair of the College of Health Inform-ation Management Executives (CHIME) and as a board member of the University of Utah School of Nursing development board, among others.
LAW
• Three attorneys atYork Howell & Guymon, Salt Lake City, have been elected as partners:Eric Whiting,Lauren JohnsonandDawn Soper. Whiting’s practice is focused on estate planning, tax, business planning and nonprofit entities. His education includes a bachelor’s degree in economics and law and constitutional studies from Utah State University. Johnson concentrates her practice on commercial litigation in state and federal courts. Johnson received her Juris Doctor from the S.J. Quinney College of Law at the University of Utah and a bachelor’s degree from Brigham Young University. Soper practices in the firm’s Real Estate Group, working on complex transactional matters. She previously served as assistant attorney general in the litigation division of the Utah Attorney General’s Office.
•Parr Brown Gee & Loveless, Salt Lake City, has announced three new associates:Jordan E. Toone,Derek S. ParryandApril M. Medley. Toone is a member of Parr Brown’s business and finance groups, focusing his practice on M&A/corporate, finance and international matters. Prior to joining Parr Brown, Toone practiced law as an associate at an international law firm in New York City. Before attending law school, he worked as an embedded civilian social scientist with the U.S. Army’s 1st Armored Division in Iraq. Parry is a member of the firm’s business and finance group, with emphasis in technology, licensing and intellectual property transactions. He received his Juris Doctor from the Brigham Young University J. Reuben Clark Law School in 2015. Medley has joined the firm’s litigation practice group, with emphasis in environmental and natural resources law. Prior to law school, she worked as a litigation paralegal in the Civil Rights Division of the U.S. Department of Justice.
PHILANTHROPY
•Auric Solarhas donated a $200,000 solar system to theYWCA. The system on the organization’s Kathleen Robison Huntsman Residence will allow the YWCA to save more than $93,000 over the next 25 years. The donation is the first in Auric Solar’s “Buy Solar. Give Solar” program. For every 100 kilowatts (kW) installed commercially and residentially, Auric donates one kilowatt toward a free solar system to a deserving organization. The program is part of Echo, the company’s corporate responsibility initiative.
•Beehive Startupsand theUnited Wayhave undertaken a“Startup Santa”statewide children’s book drive where Utah companies compete against each other to see who can donate the most books and support childhood literacy programs for children living in low-income families. The drive ends Dec. 4. As of early last week, 1,104 books had been donated. Last year, 13,000 books were donated by 44 companies. The website startupsanta.org has information about signing up companies, donating books, signing up to read at a local elementary school and other program details.
• Vail Resorts Inc., operator of Park City Mountain Resort, has announced that the company’s chief executive officer,Rob Katz, and his wife,Elana Amsterdam, have made personal contributions totaling $2 million to 12 nonprofit organizations located in the communities where the company operates, including Summit County in Utah. In Summit County, $250,000 was donated toPC Totsto fund the opening of a second extended-day early learning center in the Park City area.
•Deer Valleywill host the 27th annualNavajo Rug Show and Saleslated for Nov. 11-13 at the resort’s Snow Park Lodge. The event provides attendees the opportunity to experience Navajo culture through demonstrations of weaving, singing and other traditions, and to help support Navajo elders by purchasing their hand-woven rugs and hand-crafted jewelry. Food and clothing collected during the show and all funds generated from the sale of rugs and jewelry go directly to theAdopt-A-Native-Elderprogram. The rug show is supported by grants from theUtah Arts Council, theNational Endowment for the Artsand theSummit County Restaurant Tax. Event activities include a Nov. 11 preview fundraiser and a live auction; the show and sale Nov. 12-13; Nov. 12 Navajo Children’s Princess Pageant, Navajo Grandma Idol contest and Navajo Grandpa Idol singing contest; and Nov. 13 Navajo veterans ceremony, weaving demonstration and closing pow-wow. Details are at (801) 474-0535.
RECOGNITIONS
• TheEconomic Development Corporation of Utah(EDCUtah) has announced the winners of its annual economic development awards.Derek Miller, president and chief executive officer of the World Trade Center Utah, is the recipient of theNick Rose Award for Leadership in Economic Development. The award is presented to a private-sector individual that has “demonstrated exceptional dedication to EDCUtah and economic development throughout the state.”John Curtis, mayor of Provo, is the recipient of theThayne Robson Award for Leadership in Economic Development. The honor is bestowed to a public-sector individual that has “demonstrated exceptional dedication to EDCUtah and economic development throughout the state.”City Creek Reserveearned a new EDCUtah award, theCornerstone in Economic Development Award, which is given to associations, organizations or developments making a substantial economic development impact in the state.
• TheWorld Trade Association, an organization of companies that work in the global marketplace, recognized two individuals and one company at the recent Utah Global Forum for their contributions to Utah’s global growth. TheInternational Person of the YearisU.S. Sen. Orrin Hatch, R-Utah. The Senate’s most senior Republican is president pro tempore and is chairman of the Senate Finance Committee. TheInternational Company of the YearisDoTerra, a producer and distributor of essential oils, personal care and spa products, nutritional supplements and healthy living products. TheLifetime Achievement Awardwas presented toFranz Kolb, director of diplomacy and protocol at the Governor’s Office of Economic Development (GOED) International Trade and Diplomacy Office.
•The MGIS Cos., Salt Lake City, has been named one of the“Best Places to Work in Insurance”for 2016 byBusiness InsuranceandBest Companies Group. Winners are selected based on performance in creating organizations where employees are supported and engaged, thus benefiting customers and overall company financial results. Companies industry-wide competed for 74 top spots in the program.
RESTAURANTS
• Stanza Italian Bistro & Wine Bar, Salt Lake City, has hiredCaprice Ossanaas general manager. Ossana has more than 16 years of experience in the industry, including at Michael Mina’s in San Francisco and Four Seasons in Scottsdale, Arizona, and Baltimore.
SERVICES
•Experticity, Salt Lake City, has hiredKevin Knightas chief marketing officer. Knight previously worked at Pinterest as the head of creative and brand strategy.
•Quick Quack Car Washhas opened a car wash at 692 E. 800 S., Orem. The company plans to open at least 10 car washes in Utah County over the next two years. The new Orem location is the third location in Utah after recent openings in Spanish Fork and Layton. An additional location in Springville is already under construction and another in Highland will break ground soon. Quick Quack Car Wash has 27 locations in California, Texas, Colorado and Utah.
CORPORATE
•HealthEquity Inc., Draper, announced the pricing of a previously announced secondary offering of shares of its common stock. Certain stockholders have agreed to sell a total of 2.5 million shares of the stock in an underwritten public offering, which are being sold by the underwriters at a price to the public of $35.85 per share. The offering was expected to close last week. The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 375,000 shares of the company’s common stock. HealthEquity will not receive any proceeds from the sale of the shares offered by the selling stockholders.Jefferies LLCandRaymond James & Associates Inc.acted as joint book-running managers for the offering.
DIVIDENDS
•People’s Utah Bancorp, American Fork, announced that its board of directors has declared a quarterly dividend of 8 cents per share. The dividend is payable Nov. 14 to shareholders of record Nov. 1. The figure represents a 14.3 percent increase in the dividend.
ENERGY/NATURAL RESOURCES
• The board of directors ofDominion Midstream GP LLC, the general partner ofDominion Midstream Partners LP, has appointedHarris H. Simmonsas a director. Simmons, formerly lead director on the board of directors of Questar Corp. until the Dominion Resources Inc.-Questar Corp. merger, is chairman and chief executive officer of Salt Lake City-based Zions Bancorporation. He has been with Zions for more than 35 years, serving in a variety of positions. Simmons was named CEO in 1990 and added chairman to his duties in 2002. His other corporate board experience includes O.C. Tanner Co. and National Life Group. His education includes a bachelor’s degree in economics from the University of Utah in 1977.
GOVERNMENT
• TheUtah Procurement and Technical Assistance Centers(PTAC), a program of the Governor’s Office of Economic Development (GOED), has reported that it helped Utah companies win more than $38 million in government contracts in September. PTAC closed the month with 36 individual government contracts for 12 Utah companies. More than 770 jobs were created or retained as a result of the contract awards.
• SMG, the company that manages theSalt Lake County Equestrian Park & Events Centerin South Jordan on behalf of Salt Lake County, has hiredJo E. Stowellas director of the facility. Stowell previously was in Illinois, where she was the senior sales manager and department head of the Peoria Civic Center. Her experience also includes working at the Peoria Area Convention and Visitors Bureau.
HEALTHCARE
•Rucursion Pharm-aceuticals, Salt Lake City, has hiredJohn Pereiraas chief operating officer. Pereira has experience in business management, operations and technology strategy. He previously was chief operating officer at Experticity; vice president of all product, marketing and operational activities of AncestryDNA; senior manager of operations integration at Amazon.com; and a naval officer for the U.S. Navy, where he led the Navigation and Administrative Department of theUSS Reid, among other positions and duties. He also serves on the board of directors for Athletigen and the advisory board of Channel Signal.
• TheNemours Foundation Board of Directorshas elected four new members, includingMarc Probst, chief information officer and vice president at Intermountain Healthcare. Probst will help position the Nemours Children’s Health System for continued growth, as well as maintain the high quality of care for children and families. Nemours is a children’s health system that owns and operates the Alfred I. DuPont Hospital for Children in Washington, Delaware; Nemours Children’s Hospital in Orlando, Florida; and more than 60 pediatric specialty, primary and urgent care clinics in four states. Probst has been involved with information technology and healthcare services for more than 30 years. He serves the federal government in health IT related matters, including more than seven years on the Federal Healthcare Information Technology Policy Committee (HITPC), developing policy and measures in support of advancing the use of electronic medical records across the country. He serves as board chair of the College of Health Inform-ation Management Executives (CHIME) and as a board member of the University of Utah School of Nursing development board, among others.
LAW
• Three attorneys atYork Howell & Guymon, Salt Lake City, have been elected as partners:Eric Whiting,Lauren JohnsonandDawn Soper. Whiting’s practice is focused on estate planning, tax, business planning and nonprofit entities. His education includes a bachelor’s degree in economics and law and constitutional studies from Utah State University. Johnson concentrates her practice on commercial litigation in state and federal courts. Johnson received her Juris Doctor from the S.J. Quinney College of Law at the University of Utah and a bachelor’s degree from Brigham Young University. Soper practices in the firm’s Real Estate Group, working on complex transactional matters. She previously served as assistant attorney general in the litigation division of the Utah Attorney General’s Office.
•Parr Brown Gee & Loveless, Salt Lake City, has announced three new associates:Jordan E. Toone,Derek S. ParryandApril M. Medley. Toone is a member of Parr Brown’s business and finance groups, focusing his practice on M&A/corporate, finance and international matters. Prior to joining Parr Brown, Toone practiced law as an associate at an international law firm in New York City. Before attending law school, he worked as an embedded civilian social scientist with the U.S. Army’s 1st Armored Division in Iraq. Parry is a member of the firm’s business and finance group, with emphasis in technology, licensing and intellectual property transactions. He received his Juris Doctor from the Brigham Young University J. Reuben Clark Law School in 2015. Medley has joined the firm’s litigation practice group, with emphasis in environmental and natural resources law. Prior to law school, she worked as a litigation paralegal in the Civil Rights Division of the U.S. Department of Justice.
PHILANTHROPY
•Auric Solarhas donated a $200,000 solar system to theYWCA. The system on the organization’s Kathleen Robison Huntsman Residence will allow the YWCA to save more than $93,000 over the next 25 years. The donation is the first in Auric Solar’s “Buy Solar. Give Solar” program. For every 100 kilowatts (kW) installed commercially and residentially, Auric donates one kilowatt toward a free solar system to a deserving organization. The program is part of Echo, the company’s corporate responsibility initiative.
•Beehive Startupsand theUnited Wayhave undertaken a“Startup Santa”statewide children’s book drive where Utah companies compete against each other to see who can donate the most books and support childhood literacy programs for children living in low-income families. The drive ends Dec. 4. As of early last week, 1,104 books had been donated. Last year, 13,000 books were donated by 44 companies. The website startupsanta.org has information about signing up companies, donating books, signing up to read at a local elementary school and other program details.
• Vail Resorts Inc., operator of Park City Mountain Resort, has announced that the company’s chief executive officer,Rob Katz, and his wife,Elana Amsterdam, have made personal contributions totaling $2 million to 12 nonprofit organizations located in the communities where the company operates, including Summit County in Utah. In Summit County, $250,000 was donated toPC Totsto fund the opening of a second extended-day early learning center in the Park City area.
•Deer Valleywill host the 27th annualNavajo Rug Show and Saleslated for Nov. 11-13 at the resort’s Snow Park Lodge. The event provides attendees the opportunity to experience Navajo culture through demonstrations of weaving, singing and other traditions, and to help support Navajo elders by purchasing their hand-woven rugs and hand-crafted jewelry. Food and clothing collected during the show and all funds generated from the sale of rugs and jewelry go directly to theAdopt-A-Native-Elderprogram. The rug show is supported by grants from theUtah Arts Council, theNational Endowment for the Artsand theSummit County Restaurant Tax. Event activities include a Nov. 11 preview fundraiser and a live auction; the show and sale Nov. 12-13; Nov. 12 Navajo Children’s Princess Pageant, Navajo Grandma Idol contest and Navajo Grandpa Idol singing contest; and Nov. 13 Navajo veterans ceremony, weaving demonstration and closing pow-wow. Details are at (801) 474-0535.
RECOGNITIONS
• TheEconomic Development Corporation of Utah(EDCUtah) has announced the winners of its annual economic development awards.Derek Miller, president and chief executive officer of the World Trade Center Utah, is the recipient of theNick Rose Award for Leadership in Economic Development. The award is presented to a private-sector individual that has “demonstrated exceptional dedication to EDCUtah and economic development throughout the state.”John Curtis, mayor of Provo, is the recipient of theThayne Robson Award for Leadership in Economic Development. The honor is bestowed to a public-sector individual that has “demonstrated exceptional dedication to EDCUtah and economic development throughout the state.”City Creek Reserveearned a new EDCUtah award, theCornerstone in Economic Development Award, which is given to associations, organizations or developments making a substantial economic development impact in the state.
• TheWorld Trade Association, an organization of companies that work in the global marketplace, recognized two individuals and one company at the recent Utah Global Forum for their contributions to Utah’s global growth. TheInternational Person of the YearisU.S. Sen. Orrin Hatch, R-Utah. The Senate’s most senior Republican is president pro tempore and is chairman of the Senate Finance Committee. TheInternational Company of the YearisDoTerra, a producer and distributor of essential oils, personal care and spa products, nutritional supplements and healthy living products. TheLifetime Achievement Awardwas presented toFranz Kolb, director of diplomacy and protocol at the Governor’s Office of Economic Development (GOED) International Trade and Diplomacy Office.
•The MGIS Cos., Salt Lake City, has been named one of the“Best Places to Work in Insurance”for 2016 byBusiness InsuranceandBest Companies Group. Winners are selected based on performance in creating organizations where employees are supported and engaged, thus benefiting customers and overall company financial results. Companies industry-wide competed for 74 top spots in the program.
RESTAURANTS
• Stanza Italian Bistro & Wine Bar, Salt Lake City, has hiredCaprice Ossanaas general manager. Ossana has more than 16 years of experience in the industry, including at Michael Mina’s in San Francisco and Four Seasons in Scottsdale, Arizona, and Baltimore.
SERVICES
•Experticity, Salt Lake City, has hiredKevin Knightas chief marketing officer. Knight previously worked at Pinterest as the head of creative and brand strategy.
•Quick Quack Car Washhas opened a car wash at 692 E. 800 S., Orem. The company plans to open at least 10 car washes in Utah County over the next two years. The new Orem location is the third location in Utah after recent openings in Spanish Fork and Layton. An additional location in Springville is already under construction and another in Highland will break ground soon. Quick Quack Car Wash has 27 locations in California, Texas, Colorado and Utah.