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BANKING

Zions Bancorporation, Salt Lake City, has named Keith D. Maio to succeed Edward P. Schreiber as executive vice president and chief risk officer, effective Oct. 1 upon. Schreiber’s retirement after 7 1/2 years with the company. Maio has served in several capacities during his 28 years with Zions, including as president and CEO of National Bank of Arizona and, most recently, as Zions’ executive vice president and chief banking officer. Schreiber has served as Zions’ chief risk officer since joining the bank in 2013, having previously served in a similar role at TD Bank NA and as a national bank examiner with the Office of the Comptroller of the Currency. He will continue in a part-time consulting capacity with Zions Bancorporation through mid-2021.

 

TAB Bank, Ogden, has hired Ralph Kourtjian to its business development team as vice president and business development officer. He will be based in Michigan and will be responsible for sourcing new business opportunities by providing asset-based and factoring working capital facilities to commercial entities in the Upper Midwestern United States with annual revenues of $2 million to $150 million. Kourtjian has over 30 years of experience in building relationships and creating solutions in the asset-based lending arena. He has worked at First Business Capital Corp., Monroe Bank & Trust, Accord Financial, Wells Fargo Business Credit, Finova Capital Corp. and Comerica Bank.

 

DIRECT SALES

New U Life, a Lehi-based direct-sales supplement company, has hired several executives during the past several months. They include Ryan Linton, who has been named the company’s chief administrative officer. Linton previously was president of MVB Fintech and was vice president of revenue operations at Zynga. Other recent executive hires are Vanessa Pierce and Matt Baros. Pierce serves as the company’s vice president of legal and general counsel. She has 24 years of experience specializing in corporate and intellectual property law. Baros is vice president of IT. He has more than 25 years of experience in the direct sales industry.

 

EDUCATION/TRAINING

Dave A. Feitz, executive director and associate commissioner for student financial aid for the Utah Higher Education Assistance Authority, is stepping down after 14 years. David S. Schwanke, current deputy executive director at UHEAA, will serve as the interim executive director, effective Sept. 30. Feitz will remain with UHEAA through that date to ensure a smooth transition. As UHEAA’s longest-serving executive director, Feitz oversaw UHEAA’s $21 billion student loan portfolio and administered its $1.1 billion student loan bonding program. Feitz’s tenure on the executive team at UHEAA began more than 32 years ago. Schwanke has been with UHEAA for the past 25 years and served as both associate executive director for accounting and finance and deputy executive director. Schwanke has served in his current role since September 2016. Prior to his tenure at UHEAA, he worked as a senior auditor at Deloitte & Touche. He received a master’s degree in accounting and finance from Utah State University.

 

Weber State University has appointed Deborah Uman as dean of the Telitha E. Lindquist College of Arts & Humanities. She will assume the position Jan. 4. Until then, Amanda Sowerby will lead the college as interim dean, a role she assumed in May. Uman will oversee nearly 2,700 students, faculty and staff in five departments: communication, English, foreign languages, performing arts and visual art and design, as well as the Browning Center and the Kimball Visual Arts Center. Uman comes to WSU from St. John Fisher College in Rochester, New York, where she serves as chair and professor of the Department of English and interim program director for film and television studies. Previously, she served as director of the women and gender studies program. Uman is the author of two books, Women as Translators in Renaissance England and Staging the Blazon in Early Modern Theater, and is co-editor of the Seneca Falls Dialogues Journal, a publication by women and gender studies students and faculty in the continued pursuit of equality and activism.

 

ENVIRONMENT

• The Utah Clean Air Partnership (UCAIR) has ratified Dr. Liz Joy as its incoming board chair and named Emily Schilling as incoming chair-elect. Joy succeeds Amanda Smith. Joy is Intermountain Healthcare medical director of community health and clinical nutrition and chair of Intermountain’s Air Quality and Health Committee. Schilling is a partner at Holland & Hart, where she specializes in environmental and air quality matters. Prior to being named chair-elect, she served as a member of the UCAIR board. The board also ratified Scott Baird, executive director of the Utah Department of Environmental Quality, as UCAIR secretary and Paul Hacking, president of Tooele Technical College, as UCAIR treasurer. They will begin the second year of their terms.

 

FOOD

Built Brands, an American Fork-based producer of protein and energy products, has announced a rebrand, moving to a new headquarters and creative space, accelerating its manufacturing capabilities and developing new product offerings. The rebrand includes a new 185,000-square-foot production facility in American Fork. The company said the new facility has increased production nearly nine times, bringing output up to 1.2 million bars daily, with on-demand capacity to produce up to 2.8 million bars daily.

 

GOVERNMENT

• The U.S. Department of Veterans Affairs has awarded more than $1 million under the Supportive Services for Veteran Families (SSVF) Program to The Road Home, a Salt Lake City-based nonprofit specializing in shelter, case management and housing solutions for people that are homeless. This year, VA awarded SSVF grants to 266 nonprofits in all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands. Through SSVF, VA served more than 105,156 individuals, including 70,524 veterans and 20,608 children.

 

HEALTHCARE

EAssist Dental Solutions, a Lehi-based provider of virtual insurance billing services for dental offices, has hired Lois Banta as chief operations officer. Banta has been involved in dentistry for more than 40 years and has been a dental practice consultant, speaker and industry author. She was an administrative team member for 25 years in private practices, then formed Banta Consulting in 1998. She also became owner and CEO of the Speaking Consulting Network in 2010.

 

SkinSpirit, offering medical-grade aesthetic skin, face and body care in the U.S., has opened its first Utah medical spa at 1160 E. 2100 S., Salt Lake City, within Sugar House Commons. The 2,320-square-foot clinic is the company’s 15th location. Its other locations are in California, Texas and Washington. SkinSpirit serves over 10,000 clients each month with medical-grade treatments, including facials and aesthetic skin, face and body services.

 

INVESTMENTS

Pattern, a Salt Lake City-based e-commerce partner with 18 global locations, has closed on a $52 million Series A funding round. The company’s first round of outside funding was co-led by Ainge Advisory and KSV Global. Behind them are technology entrepreneurs, CEOs, professional sports figures and institutional investment arms of large family offices, such as Duchossois Capital Management and Carlson Private Capital. Pattern was founded in 2013.

 

Ivanti Inc., a South Jordan-based provider of enterprise-grade intelligent IT management and security software solutions, has announced that TA Associates, a global growth private equity firm, has signed a definitive agreement to make a strategic growth investment in the company. TA will join existing investor Clearlake Capital Group LP as institutional shareholders in Ivanti. Terms were not disclosed. The funding will provide additional capital that will enable Ivanti to increase its investment in innovation, accelerate its global growth and continue its acquisition strategy. Ivanti will continue to be led by CEO Jim Schaper and the current management team. Behdad Eghbali, Clearlake founder and managing partner, and Prashant Mehrotra, Clearlake partner, will remain on the Ivanti board of directors. Harry Taylor and Hythem El-Nazer, both managing directors at TA Associates, will join the Ivanti board upon the closing of the transaction, which is expected to occur during the second half of 2020.

 

Mighty, a Salt Lake City-based work technology platform, has closed on $4.3 million in seed venture funding from Slack Fund, GSV Ventures, Origin Ventures, Album VC, Acadian Ventures and Village Global.

 

Wasatch Global Investors, Salt Lake City, has appointed Amelia Kennedy to the firm’s institutional business development team. Kennedy has been appointed to a newly created role to lead distribution in the Asia-Pacific region and will be responsible for managing relationships with institutional clients and consultants. Kennedy previously was head of research and governance at ANZ Private Banking & Advice.

 

MANUFACTURING

Varex Imaging Corp., a Salt Lake City-based designer and manufacturer of X-ray imaging components, has hired Shubham “Sam” Maheshwari as chief financial officer. He will lead the company’s finance and information technology organizations. Maheshwari has more than 20 years of experience in finance with private and public high-tech companies. He most recently was CFO at SiFive Inc. Before that, he was CFO for six years and later chief operations officer at Veeco Instruments Inc; senior vice president of finance for Spansion Inc.; and more than 10 years in various senior positions, including vice president of M&A and corporate controller at KLA-Tencor Corp. Maheshwari succeeds Clarence Verhoef, who announced in February that he would be retiring as CFO of Varex. Verhoef will continue as a non-executive employee of Varex to ensure a smooth transition.

 

PHILANTHROPY

Burg Children’s Dentistry, Creek Dental Group and Burg Orthodontics recently partnered with Operation Underground Railroad (OUR) on International Human Trafficking Awareness Day, with Burg Dental Corp. donating $39,076.54 to OUR to aid in human trafficking aftercare costs. The money was raised at 18 offices, through staff donations and other community donations.

 

• A new grassroots effort called Utah Tip Challenge has formed to collect funds through Venmo to donate to service staff at a different restaurant each week. The effort’s mission is to help hospitality workers through financial challenges that have resulted from the pandemic. In its inaugural week, $1,000 was raised by mostly modest contributions to a dedicated Venmo account. As an unexpected surprise for staff, organizers donated funds at Boneyard Saloon & Wine Dive in Park City upon finishing their lunch Aug. 15. Anyone wishing to suggest a restaurant or bar whose staff is in need can email utahtipchallenge@gmail.com or reach out through Facebook or Instagram. Restaurants in Salt Lake City and the Park City area will be considered by organizers, and they will not be notified in advance. Individuals and businesses are invited to contribute via Venmo at @utahtipchallenge.

 

REAL ESTATE

Richmond American Homes of Utah Inc., a subsidiary of M.D.C. Holdings Inc., recently had an open house event at its Cityscape at Mahogany Row at 411 S. 610 E., American Fork. The community offers three-story homes of two to four bedrooms.

 

RECOGNITIONS

Mountain America Credit Union has been ranked as the “Best-In-State” Credit Union in Utah by Forbes for the second consecutive year. America First Credit Union was second-ranked and Utah Community Credit Union was third-ranked. Forbes partnered with Statista, a market research firm, to survey more than 25,000 U.S. residents to determine credit union members’ satisfaction.

 

Aurora “Duday” Mandanas-Gaston, a regional vice president at USANA, has been recognized as one of Asia’s “Most Outstanding Leaders” by the Asia Corporate Excellence and Sustainability Awards. Mandanas-Gaston oversees the daily operations, associate advancement and success of USANA's Filipino, Thai and Indonesian markets, which make up 8 percent of the company’s net sales. She began her career at USANA in November 2008 as the general manager of the Philippines and has spent the last 12 years growing the market and advancing through the company. Before USANA, she worked at Triumph International Direct Selling and Tupperware in the Philippines. Based in Salt Lake City, USANA offers nutritional and skincare products.

 

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