CLU president, faculty, regents make for turbulent week
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Embattled CLU president says she will not be resigning
Lori Varlotta, the embattled president of California Lutheran University in Thousand Oaks, said Jan. 20 that she has no intention of resigning as the vast majority of the school’s faculty is calling on her to do. “I’m very interested in continuing to work with the university community in a collaborative and collegial way that helps Read More →
Cal Lutheran regents support embattled university president
The Board of Regents of California Lutheran University in Thousand Oaks said Jan. 17 they continue to support embattled school President Lori Varlotta, who has received a sweeping no-confidence vote from faculty. “She continues to thoughtfully address the many challenges facing the university, she demonstrates an unwavering commitment to the success of our students now Read More →
Women-founded companies are breaking the mold on the Central Coast
Growing up, Blanca Hoffmeir loved aviation. As an adult, she became an engineer and worked her way up from a small company to a larger one. The larger company used drones for surveying purposes and, because she had her private pilot license, Hoffmeir was asked to be onboarded as a drone pilot to provide services Read More →
Transphorm bought out in $339M deal
Goleta-based Transphorm, a spinout from UC Santa Barbara, was purchased by Renesas Electronics Corporation on Jan. 10 in a deal worth approximately $339 million. Tokyo-based Renesas is a supplier of advanced semiconductor solutions while Transphorm is a leader in gallium nitride power semiconductors. According to details of the purchase, Renesas will acquire Transphorm for $5.10 Read More →
Geri LaChance, SESLOC CEO, retiring in June
Geri LaChance, president and CEO of the SESLOC Federal Credit Union for 12 years, is retiring effective June 2024, the San Luis Obispo-based nonprofit announced Jan. 10. She will be succeeded by Mike Quamma, the organization’s executive vice president and CFO. SESLOC Board Chair Tom Lebens praised LaChance’s tenure. “It’s hard to aptly summarize the Read More →
Optimism is high for tri-county travel sector in ‘24
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