93 F
San Fernando
Thursday, May 15, 2025

Around the Valleys

Antelope Valley LANCASTER Antelope Valley Hospital has named Colette Menzel as its new chief financial officer. She replaces former chief financial officer Paul Brydon, who came out of retirement to serve in the position until a permanent replacement was found. Menzel comes to the Lancaster hospital as a current member of the Antelope Valley Board of Trade and the Lancaster West Rotary. She is also an emeritus member of the board of directors for the Antelope Valley Boys and Girls Club. Her most recent position was as vice president of finance for Corra, an e-commerce agency with offices in Los Angeles, New York and London. Conejo Valley CAMARILLO Semtech Corp. unveiled an advanced version of its wireless charging product that can charge multiple mobile devices at the same time with just a single transmitter. The Camarillo company debuted the improved LinkCharge platform on Feb. 28 at Mobile World Congress, a trade show for the mobile device industry in Barcelona. LinkCharge can be used with headphones, hearing aids, electric toothbrushes, low-power industrial applications and low-power portable medical devices. Ruwanga Dassanayake, power management product line manager for Semtech’s Power and High-Reliability Products Group, said the improved product brings flexibility and convenience to consumers. San Fernando Valley BURBANK Walt Disney Co. shareholders re-elected all the company’s directors who were up to be returned to the board. The shareholders voted at the annual meeting of the Burbank entertainment and media giant held at the Colorado Convention Center in Denver. Among the 11 directors returning to the Disney board are Chief Executive Robert Iger and Sheryl K. Sandberg, the chief operating officer at Facebook Inc. Votes were also taken on appointing PricewaterhouseCoopers as the company’s independent accountants for the current fiscal year ending Sept. 30 and on an advisory resolution on executive compensation. Shareholders rejected two other proposals regarding lobbying disclosure and the proxy access bylaw. CALABASAS ImmunoCellular Therapeutics Ltd. announced that the U.S. Food and Drug Administration has approved an amendment to its registration trial for a drug, which temporarily sent the company’s stock up 16 percent. The Calabasas company said the change for its ICT-107 phase 3 registration trial in newly diagnosed glioblastoma brain tumors will allow patients to be randomized 30 days after screening procedures instead of 90 days after, which should accelerate the FDA process by approximately two months, potentially quickening the time to market for the treatment. The company also reported the successful completion of its first milestone in its Stem-to-T-cell program, which enhances a patient’s immune system to attack cancer-causing tumors. CANOGA PARK The Boys & Girls Clubs of the West Valley has appointed a new chief executive. Tim Blaylock, who most recently served as interim chief executive of the Boys & Girls Clubs of Deep East Texas, began his tenure as head of the West Valley chapter on March 1. He replaces departing chief executive Jan Sobel, who announced her retirement in September after running the organization for more than 10 years. More than 250 candidates applied for the chief executive post, Chairman Martin Cooper said. The club was impressed by Blaylock’s accomplishments as leader of the Boys & Girls Club of Greater Oxnard & Port Hueneme. GLENDALE The former manager of a Wells Fargo Bank in Glendale was convicted of money laundering and false bank entry charges in connection with a trademark scam. Albert Yagubyan, 37, of Burbank, was convicted of one count of conspiracy to launder monetary instruments, four counts of concealment money laundering and one count of false bank entries. According to court evidence, Yagubyan laundered more than $1 million of proceeds from a mass-mailing scam run by a co-conspirator. He laundered the funds by instructing subordinates at the bank to open bogus bank accounts, into which proceeds of the scam were deposited, and process fraudulent withdrawals, wire transfers and cashier’s checks. Public Storage opened its largest facility in the United States. The Glendale real estate investment trust has opened the remaining units for Public Storage at 133 Second St. in Jersey City, N.J. The facility, which occupies an entire city block, has 3,978 rentable units. The company developed the Jersey City property by converting a 100-year-old cold-storage warehouse into storage units, according to Public Storage’s official blog. The company performed the conversion because of Jersey City’s proximity to New York City, where land values are much higher. The facility first opened in February and only has about 300 units still available. NORTHRIDGE California Recycling Inc. has signed a multi-year contract to provide data shredding and destruction and recycling for the city of Torrance. The contract runs through Jan. 30, 2020. This is the second contract between the Northridge company, a subsidiary of Crednology Holding Co., and Torrance; the company already provides e-waste collection for the city. Crednology Chief Executive Orie Rechtman said this contract would be followed by others that are still in negotiation. In addition to the California Recyling subsidiary, Crednology also owns 4Service, a cloud computing hosting company, and ITatOnce, which deploys and manages on-premises cloud computing environments. It trades on the over-the-counter market. SAN FERNANDO Northeast Valley Health Corp. announced the appointment of its new chief medical officer, Dr. Christine Park. Park has worked as the medical director of pediatrics for the nonprofit health center for over a decade. In her new position, she will replace Dr. Richard Seidman, who is leaving Northeast Valley Health Corp. to become chief medical officer of L.A. Care Health Plan. Park attended UCLA for medical school and completed her residency at Cedars-Sinai Medical Center. She also earned a Master of Public Health degree from UCLA prior to working for Northeast Valley Health Corp., which has 14 health centers throughout the San Fernando and Santa Clarita valleys. VAN NUYS The Los Angeles Board of Airport Commissioners approved a short-term lease for Clay Lacy Aviation Inc. to occupy a building at Van Nuys Airport while a new tenant is sought to redevelop the property. Clay Lacy took over the lease for the property at 7701 Woodley Ave. last year from the prior leaseholder MP Aero. Clay Lacy, a charter and aircraft management company, keeps private jets at the site. The five-year lease approved by the airport commission calls for an annual rent of $812,000. Los Angeles World Airports has termination rights on the lease after three years. Santa Clarita Valley VALENCIA MannKind Corp. announced it will sponsor the production of a documentary television series directed at educating viewers about the effects of poorly managed diabetes. The Valencia biotech partnered with Tampa, Fla.-based Bella & Elle Media for the project called “Reversed,” which will air on Discovery Life Channel sometime this summer. The television series was created by Charles Mattocks, a diabetes advocate, celebrity chef, author, producer and the nephew of the late reggae singer Bob Marley. Mattocks will host the show. “Reversed” will document the lives of individuals with diabetes and their efforts to change their eating and exercise habits as well as their thinking regarding the disease. Wesco Aircraft Holdings Inc., a Valencia aerospace supply chain management company, has renewed a multi-year chemical management services contract with aerospace and defense company Lockheed Martin. Under the terms of the agreement, Wesco – which employs more than 2,700 workers and reported sales of $1.5 billion in 2016 – will continue supplying and managing chemicals used by Lockheed’s aeronautics, missile fire control and space systems divisions. Wesco also will provide chemicals to U.S. military bases around the world as part of Lockheed’s F-35 program, in addition to performing integrated supply chain services under separate long-term agreements. – Compiled by Stephanie Henkel

Featured Articles

Related Articles