Stake Archives - DAILY SAN FRANCISCO BAY NEWS

A’s agree they’re shifting, pays $45 million owed for Coliseum stake

Daily SF News — Fri, 15 Dec 2023 18:49:08 +0000

The Coliseum’s field is littered with trash thrown by fans after the A’s beat the Tampa Bay Rays on June 13. A’s fans staged a “reverse boycott” to pack the stadium in protest of owner John Fisher’s plan to move the team to Las Vegas.

Provided by Mike Ostler

A week after Alameda County sent notice to A’s owner John Fisher to pay the county $45 million by May 14 for the team’s half of the Coliseum property, the A’s responded on Thursday.

In a letter acquired by the Chronicle to Nate Miley, president of the Alameda County Board of Supervisors, the A’s said they will follow the terms of the agreement from their purchase in 2019.

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“CWP agrees that the acceleration of the Annual Purchase Price Components was triggered on November 16, 2023, and that any outstanding Annual Purchase Price Components are due and payable by May 14, 2024. We will continue to satisfy our obligations under the Agreement, including the obligations set forth in Section 3.6 (of the deposition agreement),” wrote D’Lonra C. Ellis, chief legal officer of Coliseum Way Partners LLC, which represents Fisher and the A’s.

The A’s bought the county’s 50% interest in the Coliseum site for $85 million four years ago and so far have paid $40 million. The terms call for the A’s to pay $15 million in January 2024, February 2025 and January 2026, but a clause in the agreement was triggered requiring the A’s to pay it off earlier.

The clause states the A’s must pay the remaining balance within 180 days of announcing the team would leave Oakland; May 14 is 180 days after 30 MLB owners voted unanimously Nov. 16 for the A’s to relocate to Las Vegas.

In last week’s letter to the A’s, Miley pointed out that both Fisher and team president Dave Kaval, on the day of the vote, made comments confirming they’re pulling the team out of Oakland. Evidently, Fisher chose not to challenge the county in court, which might have delayed the final payment, or back out of the deal to allow Oakland to move forward on community-friendly projects.

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The other half of the 155-acre Coliseum property is owned by the City of Oakland, which is in an exclusive negotiating agreement to sell to the African American Sports and Entertainment Group, an Oakland organization formed to pursue development of the property. In September, the group offered to purchase Fisher’s half and was rejected.

The A’s haven’t revealed their plans for the property, so any discussion on future development is sticky. The 50-50 split doesn’t mean the property literally is divided in half; instead, the two parties equally share the land and must abide by a cooperation agreement for any development at the site, which could be complicated by Fisher’s undivided 50% ownership.

The purchase of the property by the A’s appears to have been conducted in a less-than-upfront manner. In 2019, Kaval wrote a letter to the Oakland City Council pleading that the A’s needed to buy the Coliseum site as a backup in case the Howard Terminal ballpark plan fell through. However, shortly after the A’s bought into the property, Kaval declared the Coliseum was unsuitable for Major League Baseball.

The A’s walked away from negotiations with the city on Howard Terminal in April and focused all their attention on Las Vegas. In June, they were gifted $380 million in taxpayer money by Nevada lawmakers to help fund their ballpark on the Las Vegas Strip.

MLB owners voted 30-0 last month to approve the relocation even though a Las Vegas ballpark wouldn’t open until 2028, at the earliest, and the A’s have yet to determine where they will play in 2025, ’26 and ’27. The Coliseum lease expires after the 2024 season.

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Reach John Shea: jshea@sfchronicle.com; Twitter: @JohnSheaHey. Reach Scott Ostler: sostler@sfchronicle.com; Twitter: @scottostler

The post A’s agree they’re shifting, pays $45 million owed for Coliseum stake appeared first on DAILY SAN FRANCISCO BAY NEWS.

New Stakes and Stake Presidencies Introduced in June 2023

Daily SF News — Fri, 30 Jun 2023 23:22:51 +0000

stake-president

The stake president holds the priesthood keys to lead the work of the Church in the stake. He and his counselors form a stake presidency. They care for stake members with love, helping them become true followers of Jesus Christ.2023 by Intellectual Reserve, Inc. All rights reserved.Download Photo

This story appears here courtesy of TheChurchNews.com. It is not for use by other media.

By Church News Staff, Church News

Following is a list of newly created stakes and stake presidencies of The Church of Jesus Christ of Latter-day Saints from around the world.

NOTE: When a new stake is created or a stake presidency is reorganized in an existing stake, leaders are given time to report the changes and provide brief biographical information for each member of the new stake presidency. A list of stakes reporting changes is compiled and published at the end of each month. The actual date of the stake’s creation or reorganization is in parentheses following the name of the stake.

New Stakes

A new stake has been created from the Beira Mozambique Manga and Beira Mozambique stakes. The Beira Mozambique Munhava Stake, which consists of the Maraza 2nd Branch and the Mananga, Manga Loforte, Maraza 1st, Mascarenha, Munhava and Pioneiros wards, was created by Elder Marcos A. Aidukaitis, General Authority Seventy, and Elder Thabo Lebethoa, an Area Seventy.

BEIRA MOZAMBIQUE MUNHAVA STAKE: (May 14, 2023) President — Joaquim Conde Zeca, 29, J&J Transport procurement officer and Take Me Home Txopela manager; wife, Joana De Assunção Albino. Counselors — Tomas Gulunguana, 44, Samanyanga driver; wife, Joana Fernando Luo. Sérgio Safur Jornal, 30, Ministry of Education and Human Development professor; wife, Rosa Feanhe Jornal.

A new stake has been created from the Broken Arrow Oklahoma and Fort Smith Arkansas stakes. The Gore Oklahoma Stake, which consists of the Eufaula, Poteau and Talihina branches and the Gore, Henryetta, McAlester, Muskogee and Sallisaw wards, was created by Elder Carlos A. Godoy, Presidency of the Seventy, and Elder Jay D. Andersen, an Area Seventy.

GORE OKLAHOMA STAKE: (May 7, 2023) President — Russell Scott Munson, 40, Northeastern Health System director of cardiopulmonary; wife, Amanda Lynn Hunt Munson. Counselors — Christopher Lee Emler, 52, self-employed; wife, Jackie Lynn Holland Emler. Spencer Ward Hovey, 43, U.S. Army general engineer; wife, Danielle Elise Call Hovey.

A new stake has been created from the Bartlesville Oklahoma, Broken Arrow Oklahoma and Tulsa Oklahoma stakes. The Owasso Oklahoma Stake, which consists of the Skiatook Branch and the Claremore, Elm Creek, Lake Valley, Pryor and Ranch Creek wards, was created by Elder William K. Jackson, General Authority Seventy, and Elder Mark A. Gottfredson, an Area Seventy.

OWASSO OKLAHOMA STAKE: (May 7, 2023) President — Matthew Lane Bell, 46, OmniSource commercial vice president; wife, Jennifer Dawn Gentry Bell. Counselors — Michael Jay Moe, 53, self-employed; wife, Michelle Lei Murnan Moe. Michael Orrin Baird, 51, dentist; wife, Amylyn Roberts Baird.

A new stake has been created from the Queen Creek Arizona East and Queen Creek Arizona South stakes. The Queen Creek Arizona Empire Stake, which consists of the Circle Cross, Gary, Paisley Park, Sierra Vista, Kyline and Sunset wards, was created by Elder Peter M. Johnson, General Authority Seventy, and Elder Broc C. Hiatt, an Area Seventy.

QUEEN CREEK ARIZONA EMPIRE STAKE: (Jan. 29, 2023) President — Hyrum Eli D’Addabbo, 54, Stage Call Corp. safety manager; wife, Kelli Jo Moyers D’Addabbo. Counselors — Scott Alton Molesworth, 59, Molesworth Digital marketing director; wife, Drondi Lyn Paulson Molesworth. Gene Wayne Parker, 60, Northrop Grumman Corp. senior staff aeronautical engineer; wife, Elva Marie Shepherd Parker.

A new stake has been created from the Trujillo Perú Esperanza Stake. The Trujillo Perú Jerusalén Stake, which consists of the Arévalo, El Milagro, Jerusalén, Los Robles and Nuevo Trujillo wards, was created by Elder Rafael E. Pino, General Authority Seventy, and Elder Fernando R. García, an Area Seventy.

TRUJILLO PERÚ JERUSALÉN STAKE: (April 30, 2023) President — Miguel Angel Avila Garcia, 39, Fundación Five 12 director; wife, Flor Angelica de Avila Rodriguez. Counselors — Eduard Ciles Diaz Calderon, 53, Digelt E.I.R.L. manager; wife, Fany Margot Diaz de Leon. Hector Eduardo Campos Fernandez, 38, self-employed sales adviser; wife, Cindy Nayana Rodriguez de Campos.

A new stake has been created from the Ogden Utah West and West Haven Utah stakes. The West Haven Utah North Stake, which consists of the Park and Water Tower branches and the Riverbend, Wilson 2nd, Wilson 3rd, Wilson 4th and Wilson 5th wards, was created by Elder Jack N. Gerard, General Authority Seventy, and Elder David Frischknecht, an Area Seventy.

WEST HAVEN UTAH NORTH STAKE: (May 21, 2023) President — Kenneth Vaughn Eddington, 54, Eurofins Medical Device Testing sales manager; wife, Sheri Ann Callister Eddington. Counselors — Joel Warren Deeble, 49, operations manager; wife, Allison Fawn Sivula Deeble. Joshua Jed Benson, 44, real estate appraiser; wife, Stephanie Stephens Benson.

Reorganized Stakes

ANN ARBOR MICHIGAN STAKE: (May 21, 2023) President — John Berkeley Larsen, 48, Vellum Wellness Inc. co-founder and CEO; succeeding Brent B. Ward; wife, Laurel Anne McAllister Larsen. Counselors — Gregory Scott Christensen, 50, Ford Motor Co. manufacturing director; wife, Ellyn Elizabeth Belobraidich Christensen. Jared Christopher Williams, 39, Novilla RNG co-CEO; wife, Brittany Horne Williams.

ARAPAHOE COLORADO STAKE: (May 7, 2023) President — Tim Donald Martin Jr., 53, U.S. Department of Interior training manager; succeeding Robert E. Hansen; wife, Heidi Michelle Coles Martin. Counselors — Micah Shane Monson, 47, Fidelity Investments vice president and financial consultant; wife, Lora Joy Morrell Monson. Brandon Harrison McIlroy, 45, The McIlroy Financial Group partner; wife, Melanie Ann Hahn McIlroy.

BOGOTÁ COLOMBIA SUBA STAKE: (March 5, 2023) President — Diego Leon Zapata Benitez, 49, commercial manager; succeeding Jose A. Bermudez; wife, Alicia Liliana Zapata Castro. Counselors — Henry Manuel Fandiño Osorio, 60, businessman; wife, Julia Helena Fandiño Arias de la Rosa. Edilberto Ireguis Manjarres, 43, Porvenir S.A. human talent development director; wife, Veronica Regina Gonzalez Vega.

BREDA NETHERLANDS STAKE: (May 14, 2023) President — Percy Odilio Marcel De Wilde, 59, MacLean BV business manager; succeeding Marvin M. Bijkerk; wife, Anna Jacoba Boom De Wilde. Counselors — Joeri Verwaard, 37, Church regional facilities manager; wife, Laura Deborah Vreeken Verwaard. Ruben Boom, 36, IFM Electronic global head of sales enablement; wife, Amelia Monik Ray Boom.

BUTTE MONTANA STAKE: (May 21, 2023) President — Curtis Kyo-Shin Andrews, 46, orthodontist; succeeding Scott K. Steinfeldt; wife, Laurie Chiemi Kawasaki Andrews. Counselors — Devin Stratton Dahl, 37, Dahl Wholesale owner; wife, Tanya Elizabeth Nooner Dahl. Curt Joshua Schoenfeld, 41, stay-at-home father; wife, Shenelle Kleyn Schoenfeld.

CARACAS VENEZUELA PALO VERDE STAKE: (April 16, 2023) President — Edgardo Elias Angulo Garcia, 39, Church temple recorder; succeeding Juan B. Diaz; wife, Laura Valentina de Angulo Artigas. Counselors — Elias Javier Rodriguez Miranda, 46, Propio president; wife, Ginna Elizabeth Alviarez de Rodriguez. Hector Ramon Rojas Zorrilla, 47, contractor; wife, Lurby Marisel de Rojas Flores.

CARTAGENA COLOMBIA STAKE: (May 21, 2023) President — Giordano Amir Nobles Escandon, 34, Supergestion Spa technology director; succeeding Willington A. Plata; wife, Gisela de Jesus Altamar Figueroa. Counselors — Hernan Gomez Mancilla, 45, Coomeva paramedic; wife, Margarita Johana Jimenez Payares. Roberto Carlos Ramirez Barrios, 49, Faedca field technician; wife, Yamile Puello Diaz.

CARTAGO COSTA RICA STAKE: (May 14, 2023) President — Josue Montero Segura, 41, EduTech de Centroamérica CEO; succeeding Sergio Marin Portilla; wife, Ana Edith Chaves Mora. Counselors — Mahonri Moriancumer Silva Arias, 40, Church facilities manager; wife, Karent Geannina Morales Zuñiga. Deybi Steve Solano Coto, 33, business owner; wife, Dayanna Carolina Anchia Quesada.

CHICLAYO PERU EL DORADO STAKE: (May 14, 2023) President — Jorge Luis Izquierdo Peña, 44, accountant and financial adviser; succeeding Carlos F. Carvallo; wife, Marilena de Izquierdo Guevara. Counselors — Ricardo Luis Romaña Albitres, 48, Church maintenance technician; wife, Deisy Yovany Sales de Romaña. Jorge Michael Mendoza Banda, 38, Maquiequip LT SAC technical manager; wife, Maria Jose de Mendoza Sobrino.

CUAUTLA MÉXICO ZAPATA STAKE: (May 7, 2023) President — Ricardo Victoria Velázquez, 48, retired Mexican army captain; succeeding Mauro Anaya Carranza; wife, Claudia García Tapia. Counselors — Salvador Cacique Mejia, 66, retired teacher; wife, Martha Patricia de Cacique Ortiz. Carlos Alberto Perez Chavez, 48, Segalmex Disconsa store manager; wife, Maria Rosalba Guerrero Hernandez.

DUMAGUETE PHILIPPINES STAKE: (May 28, 2023) President — Jose Ray Pinili Credo, 57, farmer; succeeding Ferdinand A. Lantaca; wife, Ludele General Digay Credo. Counselors — Miko Dave Pada Lado, 37, Aestus Software Solutions Dumaguete tech admin and manager; wife, Mary Jane Francisco Galo Lado. Jorge Aquino Alit II, 40, real estate agent; wife, Sunday Fernandez Gequinto Alit.

EL PASO TEXAS STAKE: (June 4, 2023) President — Timothy David Jennings, 40, dentist; succeeding Jason K. Constans; wife, Nicole Bee Jennings. Counselors — Gabriel Manuel Peña Serrano, 47, OnLine Transport logistics and warehouse broker; wife, Susana Mejia Peña. Jared Jacob Perez, 44, Charles Schwab senior manager; wife, Hanna Jean Jensen Perez.

FORMOSA ARGENTINA STAKE: (May 14, 2023) President — Alan David Cravero, 34, CA Maintenance and Services manager; succeeding Guillermo A. Urbieta; wife, Rocio del Alba Cravero. Counselors — Diego Sebastian Acuña, 43, Ministry of Culture and Education School of Gastronomy and Hospitality coordinator; wife, Lorena Silvana Acuña. Hector Enrique Gonzalez, 32, merchant; wife, Sofia Andrea Fleytas.

GUAYAQUIL ECUADOR KENNEDY STAKE: (Feb. 26, 2023) President — Daniel Francisco Quiroz Giler, 40, Seminaries and Institutes of Religion institute director; succeeding Kleber A. Litardo; wife, Katherin Nataly Casilari de Quiroz. Counselors — Rafael Hernando Pesantez Villao, 60, Comerquim technical director; wife, Fanny Vélez de Pesantez. Roberto Moroni Lizano Arauz, 43, Laboratorio Lazo human talent coordinator; wife, Andrea Estefania Ampudia de Lizano.

HEIDELBERG GERMANY STAKE: (May 7, 2023) President — Martin Daniel Siebert, 32, Robert Bosch GmbH artificial intelligence project leader; succeeding Holder T. Henkel; wife, Deborah Annina Wiesner Siebert. Counselors — Tilmann Mathias Rückauer, 47, pediatric surgery specialist; wife, Yvonne Eliane Sarah Ottiker Rückauer. Gert Dabron, 51, Werkzeughandel head of purchasing, product management and logistics; wife, Tina Vera Sahm Dabron.

HEREDIA COSTA RICA STAKE: (May 28, 2023) President — Daniel Glen Allen, 42, Lincoln School general director; succeeding Walter R. Venegas Arias; wife, Lynzie Greer Allen. Counselors — Esteban Eduardo Rodriguez Strasburger, 53, Triumph Holdings manager; wife, Maria Fernanda Montero Vargas de Rodriguez. Federico Gabriel Ureña Ferrero, 48, lawyer and notary; wife, Carolina de Ureña Vargas Badilla.

HILLCREST SOUTH AFRICA STAKE: (May 21, 2023) President — Sthembiso Goodwill Khumalo, 36, GEA service branch manager; succeeding Jacques B. De Wet; wife, Winifred Nolusindiso Maxham Khumalo. Counselors — Wesley Junjuar Glenard O’Moore, 45, Collaborative Consulting managing director; wife, Belinda Gesina Booyse O’Moore. Lloyd Kapande, 37, freelance translations editor; wife, Penelope Minky Moahloli Kapande.

IPSWICH ENGLAND STAKE: (April 16, 2023) President — Enrique Cano Carballar, 49, Fresha head of cybersecurity; succeeding Robert Schwartz; wife, Dawn Louise Brooks Cano Carballar. Counselors — Simon Michael Leydon, 44, 3D Trading regional manager; wife, Gemma Louise Rachel Lamb Leydon. Edward James Pentreath, 30, With Leadership leadership development consultant; wife, Lucy Jade Fagg Pentreath.

LAS VEGAS NEVADA REDROCK STAKE: (April 30, 2023) President — Ian Kenji Yamane, 56, Valhalla Wellness president; succeeding Thomas A. Thomas; wife, Deborah Jean Kerr Yamane. Counselors — Bryce Kendal Earl, 50, Acrisure LLC senior vice president and general counsel for West and Midwest regions; wife, Shauna Renee Whetten Earl. James Jack Leavitt, 55, attorney; wife, Amy Secrist Leavitt.

LAYTON UTAH STAKE: (May 21, 2023) President — Chad Timothy Larsen, 56, Bonneville/KSL news promotion manager; succeeding Kyle L. Dearden; wife, Annisa Raquel Hancey Larsen. Counselors — Gary Stephen Michaelson, 63, Rinchem integration manager; wife, Claire Lynn Barta Michaelson. Henry Dee Call Jr., 60, Associated Food Stores Inc. senior developer; wife, Christine Ann Jensen Call.

LOMÉ TOGO TOKOIN STAKE: (May 7, 2023) President — Koffi N’Sougan, 49, government educator; succeeding Folly Mikpeayevo; wife, A.A. Albertine Agbodjalou. Counselors — Komlanvi Kanlihoé Sokame, 35, science teacher; wife, Delali Amivi Ketemepy Sokame. Ada Roger Evegna, 28, Tab Group Business maintenance and logistics department assistant manager; wife, Akouvi Dzigbodi Patience Nyuiadzi Evegna.

MARACAY VENEZUELA STAKE: (May 14, 2023) President — Jose Nitalys Alejos Ratia, 45, Sanford Brands Venezuela Inc. supervisor; succeeding Jonathan J. Carrillo Castro; wife, Aida Cecilia de Alejos Partidas. Counselors — Jose Lorenzo Miranda, 68, Services and Maintenance Farfan C.A. director; wife, Maria Elba Pastran de Miranda. Nelvis Ibrahim Guzman Roger, 39, Estilos Braven Import general manager; wife, Roxana Jarilin de Guzman Varela.

MÉXICO CITY ERMITA STAKE: (April 16, 2023) President — Ivan Romo Palacios, 40, Church Mexico services manager; succeeding Fernando Valdés; wife, Ruth Lirey de Romo Velez. Counselors — Rafael Rodriguez Mascareñas, 49, Morph Industries S.A. general administrator; wife, Ana Laura Rocha Juarez. Gustavo Adolfo Castro Guevara, 30, Asthec Mexico S.A. de C.V. senior account executive and legal representative; wife, Ginna Alexandra Peña Salamanca.

MIDLAND MICHIGAN STAKE: (May 7, 2023) President — John Evan Lowry, 48, Central Michigan University College of Medicine director of faculty development; succeeding Derrek D. Henrie; wife, Charlene Marie Huntsman Lowry. Counselors — Jason Lael Barden, 48, college and university instructor and Barden Funeral Home funeral director; wife, Cheryl Lynnette Berry Barden. Gregory Jensen Boss, 52, Optum senior director; wife, Sheresa Dee Skousen Boss.

NAIROBI KENYA EAST STAKE: (March 5, 2023) President — Denis Muyekho Mukasa, 37, Church welfare and self reliance manager; succeeding Gordon O. Ondiek; wife, Eunice Kavaya Amuli. Counselors — Mutinda Haron Kamto, 46, Church human resources generalist; wife, Jackline Mbinya Mukula. Maurice Buri Orina, 40, businessman; wife, Christine Mutindi Peter Orina.

NIBLEY UTAH WEST STAKE: (June 4, 2023) President — Ryan Bruce Rigby, 42, physician; succeeding Edward M. Hegemann; wife, Emily Sharp Rigby. Counselors — Wade Ross Ardern, 46, Seminaries and Institutes of Religion employee; wife, Jessica Marie Chandler Ardern. Jared Dixon Weston, 49, Simpson Strong-Tie regional sales manager; wife, Holly Hansen Weston.

OGDEN UTAH WEBER NORTH STAKE: (April 30, 2023) President — Kirk Charles Christiansen, 47, general contractor; succeeding Jeffrey S. Bailey; wife, Kristin Jensen Christiansen. Counselors — Robert Glen Jolley, 43, Jolley Plumbing owner and master plumber; wife, Kristen McDougal Jolley. Blake Lamar Isaacson, 40, Brush Brothers Painting owner; wife, Marilee May Maxfield Isaacson.

OKLAHOMA CITY SOUTH STAKE: (April 30, 2023) President — Jonathan Arthur Clarke, 41, dentist; succeeding Jeffrey F. Bellows; wife, Natalia Marie Coles Clarke. Counselors — Keith Allen Mehner, 39, dentist and U.S. Air Force Reserves officer; wife, Stephanie Anne Ward Mehner. Elvis Aaron Leeper, 45, Dell Technologies senior data center sales coach; wife, Rebekka Clegg Anderson Leeper.

OREM UTAH STONEWOOD STAKE: (May 7, 2023) President — James Andrew Christensen, 52, Propensity Health senior partner and founder, and Health Note senior vice president of sales; succeeding David M. Cottrell; wife, Rachelle LaVonne Howe Christensen. Counselors — Brent David McKinley, 60, ExeVision business developer; wife, Kris Dee Marshall McKinley. Steven K Nelson, 64, professional sports coach; wife, Leslie Kay Lyman Nelson.

OREM UTAH TIMPVIEW STAKE: (May 7, 2023) President — Sean Scott Wheelhouse, 57, SirsiDynix senior vice president of operations; succeeding Darin R. Oviatt; wife, Jolynne Mecham Wheelhouse. Counselors — Brian Nelson Chantry, 45, Brigham Young University associate director of admissions; wife, Jennifer Call Chantry. Mark Lynn Merrill, 40, WhyTry sales director; wife, Tasha Anne Turpin Merrill.

ORURO BOLIVIA STAKE: (April 16, 2023) President — Raul Vasquez Viscarra, 42, Fox Mim manager; succeeding Isaías Alcala; wife, Lorena Morochi Medina. Counselors — Edwin Nelson Leon Rojas, 43, technician; wife, Ebelin Sonia de Canaviri Hurtado. Gustavo Pablo Vasquez Llorenty, 38, Telecel S.A. Tigo Oruro manager; wife, Sandra Katya de Vasquez Caracila.

PLEASANT GROVE UTAH WEST STAKE: (April 30, 2023) President — Adam Kenneth Hendrickson, 44, American Heritage School finance and human resources director; succeeding Jason R. Budge; wife, Melisa Thomas Hendrickson. Counselors — Spencer Todd Buie, 39, Murdock Auto Team sales manager; wife, Gena Rose Rogerson Buie. Don Richard Hansen, 65, Universal Risk Services human resources director; wife, Brenda Kitchen Hansen.

PROVO UTAH YSA 16TH STAKE: (May 21, 2023) President — Jonathan Gilbert Sandberg, 53, Brigham Young University professor; succeeding Christophe Giraud-Carrier; wife, Sharon Diane Jannelli Sandberg. Counselors — Antonio Peter Gervais, 61, Brigham Young University systems administrator; wife, Lisa Maurine Forman Gervais. Mark Evan Longhurst, 58, Brigham Young University network engineering director; wife, Carolyn Powell Longhurst.

RÍO CUARTO ARGENTINA STAKE: (March 19, 2023) President — Gabriel Damian Alaniz, 42, Albertengo Hugo Alfredo administrator; succeeding J. Ariel Bogado; wife, Maria Noelia Alaniz. Counselors — Marcelo Alberto Gonzalez, 51, engineer contractor; wife, Maria Celeste Gonzalez. Adrian Lucio Verges, 61, business owner; wife, Maria Victoria Verges.

RIVERTON UTAH WESTERN SPRINGS STAKE: (May 21, 2023) President — Mark Richard Ludwig, 46, Sorenson Impact Group and Sorenson Capital partner; succeeding John R. Murray; wife, Elisa Parker Ludwig. Counselors — Craig John Rich, 42, Wellful vice president of sales; wife, Alicia Peterson Rich. Keith Whitlock Rogers, 46, SoFi software engineer; wife, Kimberly Jo Garner Rogers.

SACRAMENTO CALIFORNIA CORDOVA STAKE: (June 11, 2023) President — Todd Darrell Miller, 36, Solidigm market analyst; succeeding Wayne D. Langford; wife, Lindsay Diane Christensen Miller. Counselors — Richard McOmber Teerlink, 59, Teerlink Consultants Inc. principal; wife, Dawn Lee Witbeck Teerlink. Ryan Christopher Lewis, 46, pharmacist; wife, Stephanie Lynne Moses Lewis.

SALT LAKE EMIGRATION STAKE: (April 30, 2023) President — Stephen David James, 52, Larry H. Miller Communities senior vice president; succeeding Scott W. Pickett; wife, Julie Swallow James. Counselors — Todd Robison Zenger, 63, University of Utah professor; wife, Shawn Clarice Rogers Zenger. Russell Kenneth Banz, 55, digital media consultant; wife, Tara Lee Jensen Banz.

SAN JOSE NUEVA ECIJA PHILIPPINES STAKE: (May 28, 2023) President — Nixon Calderon Cruz, 47, self-employed; succeeding Romeo A. Campos; wife, Nelly Urbino Peralta Cruz. Counselors — Artemio Baraquero Astudillo Jr., 49, self-employed farmer; wife, Edna Torres Gabriel Astudillo. Charleo Sevilleja Zapanta, 30, Central Luzon State University instructor and researcher; wife, Maureen Peralta Pascua Zapanta.

SAN SALVADOR EL SALVADOR ILOPANGO STAKE: (May 7, 2023) President — Jorge Alberto Ruiz Alfaro, 34, Ministry of the Interior and Territorial Development financial technician; succeeding Mario E. Godoy Cuellar; wife, Norma Elizabeth Portillo Ruiz. Counselors — Gersson Josue Reyes Garcia, 31, business owner; wife, Vanessa Magaly Rubio de Reyes. Marvin Ernesto Delgado Campos, 33, National Commission for Micro and Small Enterprises treasury technician; wife, Mirna Jasmin Ortiz de Delgado.

SAN SALVADOR EL SALVADOR STAKE: (May 28, 2023) President — Daniel Edgardo Mejia Hernandez, 38, TrinyPlastic SA de CV general manager; succeeding Hugo O. Panameño; wife, Claudia Maria Maldonado Chavez. Counselors — Carlos Antonio Gómez Chévez, 52, Engineering, Services and Investments SA de CV laboratory manager; wife, Silvia Marisol Emerita Marroquin de Gomez. Jose Paolo Noyola Alvarenga, 40, Puntual SA de CV field supervisor; wife, Zicri Doliana Mendoza de Noyola.

SOROCABA BRAZIL SANTANA STAKE: (May 7, 2023) President — Rafael Mastroto da Silva, 37, KPM Logistics sales executive; succeeding Rubens Ferreira; wife, Aline Cristina Pires Mastroto da Silva. Counselors — Rogério Timóteo da Silva, 35, business partner; wife, Bruna de Cássia Silva Baraldi Timóteo. Paulo Rosmar Peronico Dallastra, 39, Redx software engineer; wife, Thais Luna Dallastra.

SPRINGFIELD MISSOURI STAKE: (May 21, 2023) President — Devon Paul Jarvis, 47, Jarvis Family Eye Center owner; succeeding Dale W. Rodman; wife, Brooke Phillips Jarvis. Counselors — Jeffrey Sadao Miyake, 67, retired; wife, Barbara Jean Gwynne Miyake. John David Lawson, 48, Seminaries and Institutes of Religion coordinator; wife, Rebecca Elisabeth Pinegar Lawson.

ST GEORGE UTAH MORNINGSIDE STAKE: (Jan. 22, 2023) President — Kenneth Lyle Beazer, 59, Utah Tech University director of athletics; succeeding Barry L. Bundy; wife, Cidnee Toone Beazer. Counselors — Daniel Louis Ipson, 51, Ernies Stores Inc. president and principal; wife, Jenny Suzanne Bundy Ipson. Paul Ryan Clove, 48, Advanced Commercial Capital Inc. president and CEO, and Clove & Associates CPAs partner; wife, Liesel McMullin Clove.

ST ROBERT MISSOURI STAKE: (May 7, 2023) President — Brett Benson Clayton, 42, physician assistant; succeeding Herman M. Blau; wife, Angela Michelle Weinberger Clayton. Counselors — Michael Lyndal DeWitt, 51, force modernization analyst; wife, Kathia Lorena Gonzalez DeWitt. Dennis Harper Stock, 54, Alexander Forest Investments property manager, and Stock LLC owner; wife, Marci Jeneane Thomas Stock.

STAINES ENGLAND STAKE: (May 28, 2023) President — Daniel Christopher Grant, 44, Dell Technologies senior human resources director; succeeding Russell D. Ball; wife, Caithriona Fiona Kelly Grant. Counselors — David Aubrey Albert Ogle, 43, Zeplin customer success manager; wife, Anne Marie Taylor Ogle. Samuel Douglass Gilstrap, 51, AssetLogic CEO; wife, Kelli Means Gilstrap.

STOCKTON CALIFORNIA STAKE: (June 4, 2023) President — Clark Howard Francis, 52, Merck & Co. pharmaceutical representative; succeeding Scott A. Jensen; wife, Angie Lane Earp Francis. Counselors — Alexis Ivan Cabezas Rojo, 57, Valley Pacific Petroleum manager; wife, Claudia Lorena de Cabezas Carvajal. Ryan Andrew Dickson, 46, Les Schwab Tires manager; wife, Cara Lynn Chlarson Dickson.

TEGUCIGALPA HONDURAS TONCONTÍN STAKE: (April 30, 2023) President — Carlos David Flores Paredes, 38, Maker Displays S.A. owner and manager; succeeding Jose L. Carcamo Valle; wife, Karen Nataly Hernandez Pineda de Flores. Counselors — Kelvin Xavier Mendoza Valladares, 42, TKE industrial safety and health supervisor; wife, Karen Lizeth Colindres de Mendoza. Gustavo Adolfo Espinal Rodriguez, 33, self-employed; wife, Rossy Jannelle Carcamo Grippa de Espinal.

TOOELE UTAH STAKE: (May 7, 2023) President — Jeffrey B England, 59, Citywide Home Loans finance employee and Real Estate Holdings owner; succeeding Todd C Thompson; wife, Linda Kaye Elkington England. Counselors — David Craig Olsen, 62, Gamico president; wife, Phillis Denise McArthur. Michael Maughan Howard, 60, self-employed; wife, Shauna Stewart Howard.

TRUJILLO PERU ESPERANZA STAKE: (April 30, 2023) President — Luis Armando Rojas Hernandez, 38, Superior Court of Justice of Liberty administrative assistant; succeeding Miguel A. Avila; wife, Sandra Gisela Cabrera Asmat. Counselors — Victor Alahin Ibarra Rodriguez, 52, general services employee; wife, Kely Roxana de Ibarra Carbajal. Robert Stewar Salirrosas Moreno, 44, self-employed; wife, Karla Edith de Salirrosas Silva.

URUAPAN MEXICO STAKE: (May 14, 2023) President — Guillermo Manuel Heredia Rodriguez, 38, Medik de Uruapan medicine distribution sales agent; succeeding Juan M. Ortiz Valdez; wife, Sandra Isabel Clemente Camacho. Counselors — Jaén Yazir Nuñez Torres, 42, Grupo Acemat owner and operations manager; wife, Marbella de Nuñez Calderón. Jared Capiz Arreguin, 29, Banco del Bajío SME business executive; wife, Karla Sabina Barajas Espino.

VILA VELHA BRAZIL STAKE: (May 7, 2023) President — Welison Dias de Sousa, 38, psychologist; succeeding Eliezer Wagner de Souza Santos; wife, Giovana Andrade Ferraro Dias. Counselors — Ricardo Leandro de Faria, 47, Government of the State of Espírito Santo executive analyst and Docas do Espírito Santo mid-level technician; wife, Alesandra Maria Ferreira Faria. Lucas Lopes Nascimento, 27, Avellar Media Consultoria customer experience supervisor; wife, Jessica Mabel Vargas Escobar.

VINEYARD UTAH STAKE: (May 21, 2023) President — Nathan Winston Riley, 56, Consultus LLC director of administration; succeeding Aaron W. Johnston; wife, JaNae Holdaway Riley. Counselors — James Packer Smith, 44, Brigham Young University associate professor; wife, Kimberly Randall Smith. Cory Dalan Macy, 48, Lumea vice president of finance; wife, Debra Lynn Moake Macy.

WELLSVILLE UTAH STAKE: (April 23, 2023) President — Justin Don Naser, 50, ARW Engineers president and CEO; succeeding Jed J Hancock; wife, Diana Ward Naser. Counselors — Ryan Steven Stowers, 48, Charles Koch Foundation executive director; wife, Rebecca Benson Stowers. Eric Lee Shipley, 49, Energywise Solutions chief financial officer; wife, Kelly Scott Shipley.

WEST JORDAN UTAH HERITAGE STAKE: (May 7, 2023) President — Seth Lawrence Bigelow, 41, Church health services manager; succeeding H. Thomas Naylor; wife, Hailey Cheyenne Hancuff Bigelow. Counselors — Jason Reed Davenport, 42, Church training services rep; wife, Alisa Marie Busch Davenport. Mani Tua’itanu, 65, Utah Painting Express Inc. owner and president; wife, Vaililo Fuimaono Tua’itanu.

WESTLAND MICHIGAN STAKE: (May 21, 2023) President — Scot Samuel Bowie, 50, QMC-EMI chief financial officer; succeeding David J. Johnson; wife, Lisa Schwartz Bowie. Counselors — Jacob Ross Montierth, 45, Ford Motor Co. operations and quality chief of staff; wife, Laura Ellen Jones Montierth. Adam Larson Lowder, 52, U.S. Social Security Administration special agent; wife, Laura Lynn White Lowder.

WINSTON-SALEM NORTH CAROLINA STAKE: (May 21, 2023) President — Scott Lawrence Snow, 48, Reynolda Equity Partners managing partner; succeeding Gregory A. Scott; wife, Stephanie Alexis Morgan Snow. Counselors — John Daniel Clinger, 45, Wake Forest University School of Medicine associate professor; wife, Alisha Jane Facer Clinger. Jeffrey Alan Simmons, 50, Qorvo Inc. sales operations senior manager; wife, Lisa Sheree Brown Simmons.CANCÚN MÉXICO KABÁH STAKE: (May 21, 2023) President — Ulises Jesus Mex Seijas, 39, Cemex Mexico regional negotiator; succeeding David Flores; wife, Alma Patricia de Mex Torres. Counselors — Pedro Jesus Arredondo Vasquez, 39, Mera Corp. corporate training director; wife, Paulina Serrano Aldrete. Luis Fernando Garrido Cardenas, 55, Sunset World Hotels corporate training manager; wife, Maricela Orozco Fernández.

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Hole Wipes Out Stake in Downtown San Francisco Retail With Transfer To Shut Newest Location

Daily SF News — Fri, 02 Jun 2023 22:05:58 +0000

Downtown San Francisco is bracing for the loss of another longtime retailer on top of recent store closures at some of the city’s oldest tenants.

The Old Navy flagship store on Market Street will close on July 1, according to the parent company gap inc confirmed to CoStar News. That will see the San Francisco-based retailer retiring from downtown altogether after several decades of operating prime properties across all of its brands. The closure will create another high-profile retail space for san francisco as retailers and customers are concerned about crime, homelessness and low foot traffic.

The Old Navy outpost at 12 Fourth St., which opened in 1999, spans approximately 72,000 square feet. The three-story store is by far the retailer’s largest location. It’s nearly three times the size of a roughly 22,000-square-foot outpost in the Silicon Valley region, its second-largest store.

A spokesman for Gap Inc. attributed the deal to the company’s decision at the Old Navy site not to renew the lease, which expires in July, according to CoStar.

“Old Navy is constantly evaluating its real estate portfolio to ensure a healthy store fleet that can provide the best possible experience for our customers,” the company said in a statement, adding that it is “already working on opening new locations in downtown San Francisco.” to identify.” This better serves the needs of the business and our customers. Gap Inc. has deep roots in San Francisco and is committed to the city.”

Over the past two months, a number of big-name retailers, including Nordstrom, Saks Fifth Avenue, Anthropologie and Office Depot, have launched plans to permanently close hundreds of square feet of leased space in downtown San Francisco.

Since the pandemic began, retailers such as Uniqlo, Marshall’s, Amazon Go, Coco Republic, Williams Sonoma, Crate & Barrel, Target, Abercrombie & Fitch, The Container Store, CVS and Walgreens have closed locations in and around downtown San Francisco due to the conditional Shifts reduced foot traffic in the city and the surrounding office buildings remained mostly empty.

The shift to remote work and San Francisco’s reliance on a now-ailing tech sector has meant that the daytime population is lower and crime rates higher.

Gap Inc.’s Banana Republic recently opened its longtime flagship store at 256 Grant Ave. relocated to a much smaller room nearby. (CoStar)

According to CoStar data, downtown San Francisco’s retail vacancy rate has risen to over 18%, and subdued rental activity has not been enough to fill the gap. The lack of activity downtown has resulted in tax cuts, leading San Francisco officials to now expect the city budget to run a deficit of nearly $800 million.

For Gap, the closure of Old Navy joins other locations the company has closed due to significant cost-cutting efforts and a major reorganization. The company has struggled to recoup years of losses at its clothing brands, which include the namesake label Gap, Banana Republic, Old Navy and Athleta.

At the Westfield San Francisco Center, just blocks from its soon-to-be-closed Old Navy store, the retailer closed its Banana Republic location in April. The company also signed a lease to relocate its flagship store, Banana Republic 152 Geary St. in the Union Square district, where around 8,500 square meters are currently rented. It was previously in 256 Grant Ave. where the company had leased two floors covering more than 70,000 square feet for over a decade.

As of 2020, Gap has also closed its flagship location in downtown San Francisco, as well as additional outposts at the Stonestown Galleria and Embarcadero Center in San Francisco.

The retailer also closed a downtown location it leased for its athleisure brand Athleta earlier this year.

Gap recently reported a net loss of $18 million for the quarter ended April 29, a significant improvement from the $162 million the company lost in the same period last year. The company is also in the final stages of testing some outposts of Gap and Banana Republic as part of a project restructuring plan close 350 locations by 2023.

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Swedish pension fund Alecta sells its stake in First Republic Financial institution

Daily SF News — Mon, 17 Apr 2023 12:28:16 +0000

STOCKHOLM, March 21 – Alecta, Sweden’s largest pension fund, has sold all its shares in ailing US lender First Republic Bank (FRC.N) at a $728 million loss, Alecta spokesman Jacob Lapidus said on Tuesday.

Alecta was hit by the collapse of Silicon Valley Bank as the pension fund was invested in three niche banks, all facing liquidity fears.

San Francisco-based First Republic Bank lost 90% of its value in March and S&P Global downgraded its credit rating to junk status.

Reporting by Marie Mannes, editing by Essi Lehto

Our standards: The Thomson Reuters Trust Principles.

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San Francisco Fairness Companions Acquires Majority Stake in DGS Retail

Wed, 16 Nov 2022 14:07:43 +0000

SAN FRANCISCO, Nov. 16, 2022–(BUSINESS WIRE)–San Francisco Equity Partners (SFEP), a private equity firm focused exclusively on partnering with lower middle market companies across the consumer value chain, announced today that it has acquired DGS Retail (DGS), a leading provider of décor, signage, fixtures, displays and other critical products to customers in the grocery, retail, foodservice and consumer brand end markets. Terms of the deal were not disclosed.

From its origin as a small signage-focused business, DGS now manages a skilled workforce across multiple operating divisions and facilities that provide design, procurement, manufacturing and installation services across multiple product categories. The company provides a single source for a broad range of offerings to help customers define and improve their image, environment and consumer experience within brick-and-mortar locations.

“DGS has an impressive track record of growth built on strong, long-term relationships with a large and diverse base of national and regional customers,” said SFEP Partner David Mannix. “The DGS team has built a broad set of capabilities through both organic growth and synergistic acquisitions, which enable the company to compete and win in a large and extremely fragmented market.”

“SFEP’s experience working with both consumer brands and business-to-business companies serving consumer end markets makes this an ideal partnership for us,” said DGS CEO Peter Stevens. “Partnering with SFEP will give DGS greater access to operational resources and capital to drive growth.”

The acquisition of DGS exemplifies SFEP’s commitment to partnering with leading B2B companies serving large consumer end markets. “Through a unique combination of consumer industry experience and our operationally intensive investment approach, we are able to deliver compelling outcomes for our stakeholders,” said SFEP Managing Partner Scott Potter. “We believe DGS has tremendous growth potential and we’re excited to partner with Peter and his exceptional team.”

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About DGS Retail

DGS is a leading provider of décor, signage, fixtures, displays and other critical products to the grocery, retail, foodservice and consumer brand end markets. DGS’ operations span four divisions and over 400,000 square feet across five facilities in Massachusetts, Florida, Illinois, Wisconsin and California. The company provides a broad range of solutions and is one of only a few companies that can deliver décor, signage, fixtures, and displays at scale to national and large regional customers. For more information, visit www.customretailbydgs.com.

About San Francisco Equity Partners

San Francisco Equity Partners is a private equity firm focused exclusively on partnering with lower middle market companies across the consumer value chain. To each of its partner companies, SFEP serves as an extension of the management team and provides both extensive operating experience and a broad network of relationships across the consumer products landscape. For more information, please visit www.sfequitypartners.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221116005171/en/

Contacts

Jeff Fox
The Blueshirt Group (for San Francisco Equity Partners)
415-828-8298
jeff@blueshirtgroup.com

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