Catherine Leffert - HoustonNewMedia.org

Comerica revamps retail bank, targeting small businesses, technology

Catherine Leffert — Wed, 06 Jul 2022 20:08:24 +0000

Comerica Bank, which has a significant presence in Houston, is launching a multiyear process to revamp its retail strategy to focus more resources on small-business offerings and digital capabilities.

The Dallas-based bank, primarily known for its c...

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Dave & Buster’s closes on $835M acquisition of fellow entertainment giant Main Event

Catherine Leffert — Thu, 30 Jun 2022 18:14:43 +0000

The deal was valued at $835 million when the deal was announced in April.

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Behind the deal: Why Whitley Penn’s $400M merger-of-equals is path to $1B in revenue

Catherine Leffert — Tue, 21 Jun 2022 18:09:00 +0000

Autrey said the co-CEOs want to set up Elliott Penn for future growth before transitioning leadership in the next three to five years.

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There won’t be a recession, but here’s how businesses can weather the storm, Fifth Third chief investment strategist says

Catherine Leffert — Mon, 23 May 2022 18:16:59 +0000

Fifth Third Chief Investment Strategist Jeff Korzenik said it won't be smooth sailing, but he doubts there will be a recession.

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Texas would recover from a recession faster than other states, Fifth Third chief investment strategist says

Catherine Leffert — Thu, 19 May 2022 21:01:00 +0000

Fifth Third is still targeting robust hiring for its middle-market teams in Dallas and Houston.

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Federal Reserve Bank of Dallas names new leader following Rob Kaplan’s retirement last year

Catherine Leffert — Fri, 13 May 2022 15:54:53 +0000

The Federal Reserve Bank of Dallas has tapped its new leader after a six-month search.

Lorie Logan, who currently serves as manager of the System Open Market Account for the Federal Open Market Committee, part of the Federal Reserve, will begin as pre...

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Dave & Buster’s to buy another Texas entertainment titan in $835M deal

Catherine Leffert — Wed, 06 Apr 2022 22:24:04 +0000

The deal is expected to close later this year, and Main Event and Dave & Buster’s will still operate as separate brands that “target uniquely different demographics.”

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Waste Management, PE firm jointly invest in Woodlands-based waste recycling company

Catherine Leffert — Thu, 13 Jan 2022 22:23:47 +0000

Two Texas-based companies formed a joint venture to support The Woodlands-based Continuus Materials, which develops and operates facilities that upcycle municipal solid waste into a roof building material.

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BOK Financial’s new CEO takes the helm, says Texas growth is a top priority

Catherine Leffert — Tue, 04 Jan 2022 12:00:00 +0000

Stacy Kymes took on the president and CEO role Jan. 1, following current executive Steven Bradshaw's retirement.

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Southwest Airlines CEO on vaccine mandate: ‘We are not going to fire anybody’

Catherine Leffert — Fri, 22 Oct 2021 12:08:53 +0000

Southwest Airlines says it is working to comply with federal Covid-19 vaccine requirements as holiday travel demand looms, but reeled back consequences for unvaccinated employees.

CEO Gary Kelly said in the company’s third quarter earnings call on Oct...

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Southwest Airlines apologizes for operational meltdown that canceled thousands of flights

Catherine Leffert — Wed, 13 Oct 2021 18:41:40 +0000

Southwest Airlines Co. (NYSE: LUV) is still cleaning up after a domino-effect operational meltdown this weekend led to the cancellation of more than 2,000 flights and delays of thousands more.

CEO Gary Kelly apologized Oct. 12 on "Good Morning America...

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Southwest Airlines to require all employees get vaccinated against Covid-19 to ‘ensure job security’

Catherine Leffert — Mon, 04 Oct 2021 21:54:51 +0000

The Dallas-based carrier is the latest to require its employees get the Covid-19 vaccine.

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Rob Kaplan to retire as Dallas Fed leader

Catherine Leffert — Tue, 28 Sep 2021 20:45:18 +0000

Rob Kaplan is retiring as president and CEO of the Federal Reserve Bank of Dallas in the wake of recently published reports of his 2020 trading activity sparking ethical concerns.

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Southwest Airlines President Tom Nealon retires immediately, COO Mike Van de Ven assumes role

Catherine Leffert — Mon, 13 Sep 2021 22:35:08 +0000

Tom Nealon, who was named president in 2017, will continue as a strategic adviser of environmental plans.

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Southwest’s corporate travel arm just turned two years old. Here’s what it’s done.

Catherine Leffert — Fri, 20 Aug 2021 17:42:55 +0000

Southwest Airline's corporate travel division has grown by tenfold and implemented massive technology innovations in the past two years. But is it enough to offset the pandemic-related drops in business travel?

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Southwest Airlines promotes exec to take position left vacant by incoming CEO Bob Jordan

Catherine Leffert — Thu, 01 Jul 2021 12:21:55 +0000

Southwest Airlines Co. (NYSE: LUV), the second-busiest airline in Houston, has promoted a top communications leader in an executive succession plan that will end with a new chief executive.

The Dallas-based airline announced June 30 that Linda Rutherf...

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Choice of incoming Southwest Airlines CEO surprises some experts

Catherine Leffert — Mon, 28 Jun 2021 11:00:00 +0000

Chairman and CEO Gary Kelly will take on the executive chairman role, and Bob Jordan will become CEO, effective Feb. 1.

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Southwest Airlines CEO Gary Kelly to step down, new leader named

Catherine Leffert — Wed, 23 Jun 2021 16:27:51 +0000

Dallas-based Southwest Airlines Co. (NYSE: LUV) announced June 23 that Chairman and CEO Gary Kelly will transition into the role of executive chairman, effective early next year.

Bob Jordan, currently executive vice president of corporate services, wi...

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Southwest flight attendant loses 2 teeth in passenger altercation, union says

Catherine Leffert — Tue, 25 May 2021 19:36:57 +0000

TWU Local 556, the Dallas-based union that represents Southwest Airlines flight attendants, penned a letter to Chairman and CEO Gary Kelly claiming passenger misconduct incidents have reached an “intolerable level.”

Lyn Montgomery, president of the lo...

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Gun bill could increase likelihood of confrontations between Texas restaurant employees and patrons, lawyer says

Catherine Leffert — Mon, 17 May 2021 19:52:57 +0000

Dallas lawyer Rogge Dunn said he recommends restaurants that have no-gun policies to have clear procedures in place if patrons violate rules.

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