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BANKING
• Bank of Utah, Ogden, has reached a milestone by exceeding $1 billion in assets, and the company has unveiled a new brand. The bank, marking its 65th year, has used an evergreen tree for its logo for more than 30 years. The new brand features a brighter pine tree logo. Bank of Utah has evolved from 16 employees in 1952 to more than 300 bank representatives at 13 full-service branches, mortgage offices and trust offices throughout Utah. The bank will complete construction on a new building for its Roy branch in February and plans to open a new office in Bountiful in the second quarter.
• Celtic Bank has hired Patrick Phillips as a vice president of business development in the bank’s SBA and Commercial Lending Department. Phillips will be based in New Mexico and will cover markets across all 50 states. Phillips has more than 18 years of experience in the financial services industry. His primary focus has been in SBA lending.
DIRECT SALES
• Young Living Essential Oils, Lehi, has appointed Ben Riley as executive vice president of global sales. He succeeds Eddie Silcock, who left the company. Riley joined Young Living in 2016 to oversee global sales and served as regional president of North America. He has more than 15 years of experience in the network marketing industry and sales, and he spent more than 10 years managing businesses internationally.
DIVIDENDS
• The board of directors of Nu Skin Enterprises Inc., Provo, has increased the quarterly cash dividend to 36 cents. It previously was 35.5 cents per share. The dividend will be paid March 15 to stockholders of record Feb. 27. It is the company’s 16th consecutive year of increasing its dividend.
• The board of directors of Extra Space Storage Inc., Salt Lake City, has declared a quarterly dividend of 78 cents on the company’s common stock for the 2017 first quarter. The dividend is payable March 31 to stockholders of record March 15.
EXPANSIONS
• DigiCert, Lehi, has announced, in conjunction with its partner Cybertrust Japan, the expansion of DigiCert products, services and platforms to serve the Japanese enterprise security market. Cybertrust Japan will offer single-domain DigiCert SSL Plus and EV SSL Plus certificates as well as localized customer support and certificate management tools. Cybertrust Japan has been selling DigiCert multi-domain and wildcard SSL/TLS certificates since DigiCert acquired Verizon’s Enterprise SSL business unit in 2015. As part of the growing partnership, Cybertrust Japan will operate a local Registration Authority (RA) to improve certificate issuance processes for inmarket customers.
HEALTHCARE
• ProLung, a Salt Lake Citybased predictive analytics and risk stratification company that has developed a test to identify cancerous and noncancerous lung nodules, has appointed Dr. Robin L. Smith to its board of directors. Smith serves as chairman of the board for MYnd Analytics, is a director of Rockwell Medical and serves as a director of Bioxcel Corp. She is chairman of the board of the Cura Foundation and Stem for Life Foundation. She also serves on the international board of Stanford Health and is vice president of the STOQ Foundation of the Vatican.
HOSPITALITY/FOOD SERVICE
• Hyatt Centric Park City has completed a $6.3 million makeover of its 130 guestrooms and residences. The renovation includes interior finishes, as well as refreshed guestroom furnishings, linens, wall coverings, lighting and new technology features. Clear on Black was responsible for the interior design of the renovation.
LAW
• Durham Jones & Pinegar has expanded its Intellectual Property group with the addition of four registered patent attorneys: Randall B. Bateman, Christopher L. Wight, Sarah W. Matthews and Tenley H. Schofield. They will practice in the Salt Lake City office at 111 Main. Bateman joins the firm as shareholder. He specializes in the protection of intellectual property for local, national, and international clients. His experience includes complex litigation and prosecution of patent, trademark, and copyright matters. A particular focus of his practice involves patents on medical devices and shooting range/target technologies. Wight joins the firm as of counsel. His practice focuses on providing intellectual property legal services and strategic counseling for the life science and chemical industries, specifically in the chemical, pharmaceutical, biotechnology, medical diagnostic/personalized medicine and medical device fields. Wight has been affiliated with several nationally and internationally recognized law firms specializing in intellectual property matters. He also served as vice president and general counsel of Myriad Genetics and as director of intellectual property of Immunex Corp. prior to its acquisition by Amgen. Matthews also joins the firm as of counsel. She prepares and prosecutes patent applications, including those related to chemical arts and medical devices. Matthews also prepares opinions for clients regarding the patentability, validity and infringement of United States patents. She has worked on diverse intellectual property litigation issues, including patent infringement, trademark infringement, trade secrets and copyrights. Schofield joins the firm as an associate. She has extensive experience drafting, filing and prosecuting patent and trademark applications and in copyright and trademark enforcement and patent litigation. She brings significant technology experience in the biochemistry and computer science fields, including over six years of hands-on laboratory work with cytochrome P450 and eosinophils in plant, healthcare, genetics, enzymology and biomedical polymers labs. Schofield also previously worked at the U.S. Patent and Trademark Office as a patent examiner extern.
• Scopelitis, Garvin, Light, Hanson & Feary PC has announced the opening of its 13th U.S. office in Salt Lake City. Scopelitis partner and international transportation attorney Nathaniel Saylor will launch the firm’s Utah presence. Scopelitis is a full-service law firm that serves the trucking, transportation and logistics industries. It was founded in Indiana in 1978 and now has attorneys in over 25 practice areas working to assist over 5,000 transportation-related companies around the world with their immediate and long-term legal and business needs. Saylor started as a clerk at Scopelitis in 2004. His practice includes licensing and commercial contract matters within all modes of transportation, including motor, air, ocean and rail.
MANUFACTURING
• Purple LLC, Salt Lake City, has appointed Wayne Moorehead as chief brand officer. He has helped a variety of companies define, communicate and activate their brands. His experience includes roles as chief marketing officer for a large natural supplement company, as well as CMO for an Inc. 500 company. He also led the brand strategy practice at a New York creative agency as well as a Salt Lake City-based agency. He has an MBA from the Marriott School of Business at Brigham Young University.
NONPROFITS
• The Utah 1033 Foundation has added Edward M. Esber Jr. to its board of directors and as chairman of the newly formed board of trustees. Esber is a personal computer industry pioneer with more than 40 years of experience working for IBM and Texas Instruments, and as CEO of Ashton Tate and COO of Creative Labs. Esber has served on the board of directors of more than 40 public, private and nonprofit boards and currently serves on the board of directors of Utah Capital Investment Corp. The foundation also announced that Mona Steen, cofounder and board of directors member, recently stepped down from her board role in order to take over operations as interim executive director. The foundation is a nonprofit organization established in 2011 to honor Utah’s fallen law enforcement officers by providing immediate financial support to their families and presenting college scholarships to the children of active Utah law enforcement officers.
PHILANTHROPY
• The Security Service Charitable Foundation recently donated $4,800 to The Good Samaritan House in downtown Salt Lake City. The money will be used toward the purchase of a meat slicer to aid in preparing more than 400 sack lunches each day. The foundation was incorporated in 2007 and is the charitable arm of Security Service Federal Credit Union.
REAL ESTATE
• Coldwell Banker Commercial Advisors has hired Travis Yates as vice president in the newly expanded Salt Lake City office at 111 Main. Yates was previously with Cushman Wa k e f i e l d / C o m m e r c e . Previously, he was an investor, property manager and salesman of real estate coaching services as well as an analyst at Morgan Stanley.
• KeyBank Real Estate Capital and Wasatch Advantage Group recently held a ribbon-cutting ceremony for Kimpton Square Apartments in Midvale. The 97-unit seniors affordable housing development consists of units targeting low-income senior households earning 50 percent area median income or less. Five units are designated for homeless or near-homeless seniors, 10 units are accessible and designated for the physically handicapped and eight units are designated for veterans. Irena Edwards and Jennifer Seamons of Key’s Community Development Lending & Investment group arranged a construction loan of $12.5 million, $11.6 million in equity and a perm loan in financing for the new construction of the property.
RECOGNITIONS
• The Sandy Area Chamber of Commerce recently presented its 2017 Peak Awards. The Small Business Woman of the Year, presented to represent integrity and good business acumen, was awarded to Farida Fox, Woodbury Corp. The Small Business Man of the Year, presented to represent integrity and good business acumen, was awarded to Sean Marchant, U.S. Novelty & Party Supply. The Small Business of the Year, presented to a small business that has grown over the year and supported chamber events, was awarded to Brick Oven. The Community Service Award, recognizing generous support offered to the chamber and the community by a company, was awarded to Make-A-Wish Foundation. The Clark and Barbara Stringham Volunteer of the Year award, given to an individual that has gone above and beyond by donating their time in the community, was awarded to Kristina Clayson, Costco Wholesale. The Ambassador of the Year award, given to a member of the Ambassador Committee who has shown exceptional dedication, was awarded to Mark Van Wagenen, Enterprise Holdings. The President’s Excellence of the Year award, given to an innovative company that has experienced large growth in the past year and made a difference in the chamber, was awarded to Hale Centre Theatre. The Chairman’s Distinguished Corporate Partner award, given to a company that has shown exceptional support of the chamber and the business community, was awarded to Real Salt Lake and Swire Coca-Cola.
• The Utah Academy of Family Physicians (UAFP) recently presented the Utah Family Medicine Physician of the Year Award to Dr. Gregory Gochnour, a family physician in Ogden. The award recognizes a physician who provides his or her patients with compassionate, comprehensive and caring family medicine on a continuing basis; is directly and effectively involved in community affairs and activities that enhance the quality of his or her community; provides a credible role model, both professionally and personally, to their community, to other health professionals, and to residents and medical students; and effectively represents UAFP and the specialty of family medicine by presenting a good public image and exemplifying the family physician’s leadership role in improving the health of Utah.
• The University of Utah Alumni Association has recognized four people as “Distinguished Alumni” and one person as “Honorary Alumni.” The association recognizes alumni and honorary alumni each year who have excelled professionally, served the local and national communities, and supported the university in its mission. The 2017 Distinguished Alumni honorees are Pamela Cipriano, a longtime healthcare executive and leader in nursing who is currently president of the American Nurses Association, which represents the interests of the nation’s 3.1 million registered nurses; David Jorgensen, a philanthropistc and Silicon Valley high-tech entrepreneur who has supported more than 40 promising UofU engineering students with scholarships for up to five years of funding; Miriah Meyer, a young computer scientist whose work
focuses on the design of visualization systems that help researchers make sense of complex data; and Alan Sullivan, an attorney who obtained the largest jury verdict in Utah state courts and led in establishing ongoing private funding of pro bono legal services for Utah’s most vulnerable citizens. The Honorary Alumnus is Bruce Bastian, co-founder of WordPerfect and a major philanthropist toward LGBTQ equality, who has long supported the U of U in areas from the arts to the humanities to the U hospital.
• Health Catalyst, Salt Lake City, has been awarded the 2017 Best in KLAS ranking for Business Intelligence & Analytics in recognition of its ability to help turn raw data into clear insights that drive improved outcomes in patient care and bottom-line performance. The Best in KLAS designation is reserved for vendor solutions that lead the software and services market segments with the most significant operational and clinical impact on healthcare organizations. KLAS is a research firm dedicated to improving healthcare delivery.
• DigiCert, Lehi, earned the “Gold” for “Best Security Solutions for Healthcare” at the 13th annual Info Security Product Guide’s 2017 Global Excellence Awards and its enterprise-grade certificate management platform, CertCentral, was selected as a finalist for Best Security Solution for the enterprise at the 2017 SC Awards.
RESTAURANTS
• Riverhorse Hospitality, Park City, has opened Riverhorse Provisions in the Imperial Hotel, 221 Main St. Its cuisine includes breakfast, lunch and après ski menus, as well as a coffee shop, prepared food items for at-home cooking, and custom gift baskets.
RETAIL
• Retail development and management company Vestar has named Edie Trott as marketing director of The Gateway, Salt Lake City. Trott will be relocating from Vestar’s Southern California flagship property, where she served as marketing director for The District at Tustin Legacy. Trott previously worked as public relations manager of South Coast Plaza.
• Valley Fair Mall, West Valley City, has awarded its management contract to Vestar. The mall occupies 831,667 square feet and has 87 shops and restaurants. Privately held Vestar acquires, develops and manages shopping and entertainment destinations. This is the company’s second entry into the Salt Lake City market; it acquired The Gateway in downtown Salt Lake City last year.
SERVICES
• VPTax Inc., a San Francisco-based professional services firm, has opened an office in the Church & State building at 370 S. 300 E., Salt Lake City. The company’s expertise spans a wide variety of industries, with specific focus on tech, medical device and alternative energy companies. Stephen Day, principal at VPTax, will lead operations for the new office. Day has more than 25 years’ experience as a tax executive. Prior to VPTax, Day held many leadership positions, including national tax partner at Ernst & Young and director at Deloitte Tax LLP.
TRANSPORTATION
• Americold Logistics has broken ground on a state-of-theart, temperature-controlled distribution center in Clearfield. The $30 million project will add more than 50 jobs to the local economy.
• SkyWest Airlines, a subsidiary of St. George-based SkyWest Inc., has named Bradley W. Blake as vice president of the Operations Control Center (OCC). Blake’s current managing director role is being elevated to vice president as the OCC plays an increasingly important role in SkyWest’s overall operation and performance. Blake will continue to oversee the SkyWest Operations Control Center, including its team of dispatchers, system controllers and operational quality team, and will be responsible for coordinating with each of SkyWest’s operational departments to ensure the company’s 1,800 daily flights operate safely as scheduled. Blake has nearly 20 years of SkyWest experience. He previously served as senior director-OCC at Spirit Airlines and has held numerous positions at SkyWest, including lead operations supervisor and manager of OCC.