Activist investor demands sale or merger of Deckers Brands
Story updated at 2:20 p.m.: A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company or changes to the board of directors as a result of declining share values. Marcato stated in the letter that it owns 6 percent of the Goleta footwear company’s outstanding Read More →
Venture capital investor NGEN celebrates exit of Choose Energy
Green tech venture capital investor NGEN — an early investor in Soraa with West Coast headquarters in Santa Barbara — celebrated the exit of Texas-based energy market platform Choose Energy June 26. According to reports, South Carolina-based advertising company Red Ventures spent less than $100 million in its acquisition of Choose Energy, though exact figures Read More →
PennyMac Mortgage Investment Trust announces cash dividend
Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.
Labor leader Lacayo’s life, work celebrated at CSUCI memorial service
About 350 Ventura County community and political leaders paid tribute to the late Henry “Hank” Lacayo on June 24 at the John Spoor Broome Library at CSU Channel Islands. Lacayo, a national figure in the labor movement and in Democratic Party circles, died May 1 after a long battle with throat cancer. He was 85. Read More →
UCSB joins nonprofit Alliance for Southern California Innovation
UC Santa Barbara and six other universities announced the formation of the nonprofit organization Alliance for Southern California Innovation on June 22. Led by former California Insurance Commissioner Steve Poizner and a board of directors including UCSB physics professor and vice chancellor for research Joseph Incandela, the group will work to support tech entrepreneurs and Read More →
Employee reviews rank Anant Yardi among top CEOs in the nation
Updated at 3 p.m. June 23: Anant Yardi, founder and CEO of Yardi Systems in Goleta, was named on June 21 to a list of the nation’s top corporate leaders by employer review website Glassdoor. Yardi, a member of the Pacific Coast Business Times Hall of Fame, received a Glassdoor Employees’ Choice Award recognizing the Read More →
Latino Business Awards winners announced
The Business Times is pleased to announce our 2017 class of Latino Business Awards winners. This annual special section published with the June 23 print edition. This year we turned its focus on higher education, highlighting leaders in the academic realm from across the Tri-Counties. The award winners, along with our first ever college Read More →
