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Bank of Utah, Ogden, has hired Ulises Fernandez as branch manager for its full-service branch at 9320 S. State St., Sandy. Fernandez has more than 12 years of retail, regional and general management experience and was most recently employed as branch manager for U.S. Bank. Prior to that, he served as general manager for Precision Time. Fernandez succeeds long-time assistant vice president and branch manager Teresa Thompson, who is taking on a new position for the bank as assistant vice president and branch operation specialist. Thompson, a 34-year veteran of the banking industry, has served as branch manager for Bank of Utah’s Sandy location since 2013. She has managed the daily operations of several Bank of Utah branches and served as a bank customer representative since she was hired by the bank in 2004. Previously, Thompson held positions at Chase Bank, Bank One and Valley Bank.


Mountain America Credit Union, Sandy, announced that its financial education efforts reached more than 1 million people through private coaching sessions, webinars, podcasts, gamified education resources and blog features in 2020. The credit union, through those programs, helped more than 25,000 members save over $111 million in interest during the year.



Clyde Companies Inc., Orem, has made several senior leadership changes. Clyde Companies is the parent company of WW Clyde, Geneva Rock, Sunroc, Sunpro, Scott Contracting, Beehive Insurance, GWC Capital and Bridgesource. Wilford Clyde, who had served as president, CEO and chairman of Clyde Companies, will continue as CEO and chairman. Jeremy Hafen has been appointed president of Clyde Companies. He has worked at Clyde Companies for 16 years, formerly serving as president of Sunroc Building Materials (now Sunpro), president of Sunroc Corp. and president of Clyde Business Group. Jeff Clyde, who had served as president of the Clyde/Geneva Group, retired at the end of 2020. He worked at Clyde Companies for 38 years, including serving as president of WW Clyde for seven years. Jim Golding, who had served as president of Geneva Rock, has been appointed president of the Construction Materials and Services Group at Clyde Companies. Golding has worked 37 years at Geneva Rock, including serving as president for 11 years. Jay Ritchie, who had served as executive vice president of Geneva Rock, has been appointed president of Geneva Rock. Howard Watts, who had served as corporate secretary, retired at the end of 2020, having worked 40 years at Clyde Companies. Brandon Hale has been appointed as corporate secretary and will continue his responsibilities as general counsel.



Young Living Essential Oils, Lehi, has announced that its Young Living Essential Oils Aromatic Plant Herbarium (YLAH) has been officially registered with the New York Botanical Garden. The YLAH is a resource for the housing and research of botanical specimens, especially of aromatic plants. It contains 100 specimens that span across 25 plant families and have been gathered from all over the world. Young Living said the YLAH is the first aromatic herbarium located in North America. Official registration with the New York Botanical Garden allows for Young Living’s herbarium to expand the scientific network for botanical research.



Shine Solar, an Arkansas-based installer of residential solar panel systems, has opened a satellite sales office in Pleasant Grove. It eventually will employ 60 people. Its activities will mirror the existing sales team based in Rogers, Arkansas, and be dedicated exclusively to acquiring and processing new solar sales in the four states Shine currently operates: Arkansas, Missouri, Oklahoma and Tennessee. These will be internal sales positions only.



Salt Lake City is ranked No. 2, behind only St. Louis, in a list of “Best Cities for Construction Work” among small U.S. cities, compiled by Next Insurance. Salt Lake City was ranked No. 11 among all cities. The analysis provides data on construction work based on several factors: the count of open and ongoing local construction projects, the number of open federal government contracts, area job competition, average salary, overall employment rate, cost of living and weather. Details are at


• The average employee in Utah rates their happiness to work from home at 6.8 out of 10, above the national average of 6.6, according to an index compiled by It polled 3,000 work-from-home employees across the country. South Dakotans led the ratings at 9 out of 10. West Virginia was at the bottom, at 4.5. Details are at


Morgan County leads all Utah counties as the most generous, according to a study by SmartAsset, which measured how much money people donate as a percentage of their net income and the proportion of people in a given county who made charitable donations. Following Morgan were (in order) Utah, Wasatch, Summit, Davis, Washington, Cache, Salt Lake, Juab and Rich counties. Details are at


Utah is ranked No. 45 among states in a listing of “best states for living off-the-grid,” compiled by outdoor services provider LawnStarter. It used 20 key factors, from average per-acre cost of farmland to legality of rainwater harvesting to average monthly temperature, to compile the list. Leading the rankings is Kentucky. The District of Columbia is bottom-ranked. Details are at


Utah is ranked No. 5 on a list of states where residents were so stressed by their home surroundings that they undertook do-it-yourself home or room redesign projects during the pandemic quarantine, according to a survey by online interior design company Modsy. Virginia was top-ranked.


Utah is ranked No. 40 on a list of “most defiant states in the U.S.,” compiled by outdoor services provider LawnStarter. It compared the states and the District of Columbia across 31 indicators of rule-breaking behavior, from underage drinking to illegal gambling to the prevalence of COVID-19. The top-ranked state is Alaska. The bottom-ranked state is Hawaii. In breakout rankings, Utah had the lowest adult drug use per 100,000 residents and the lowest underage drinking rate. Details are at


Utah’s top New Year’s resolution is to spend more time on fitness, according to a survey by What If Media Group. The company found that 53.8 percent of surveyed Utahns had that as a goal, placing it No. 8 among states in that category. The top national resolution is to spend more time with family and friends and to exercise more and/or lose weight. Details are at



Salt Lake Community College will be offering, for the first time, a Goldman Sachs 10,000 Small Businesses program online to rural small-business owners. Details are available by emailing The application deadline is Feb. 1 for a cohort starting in May.


ULI (Urban Land Institute) Utah is accepting applications for the 2021 Young Leaders Mentor Program through Jan. 15. Applications will be evaluated by the YLG Management Committee. The program cultivates and encourages ULI members under age 35 to become the next generation of leaders in Utah’s real estate community. Each group will contain six to 10 young leaders from diverse professional backgrounds between the ages of 18-35 paired with one mentor. The group will meet regularly for a minimum of six times throughout the year. Up to three groups will be offered in 2021. Details are at



Standard Optical, a Salt Lake City-based eye care and optical-related goods and services company, has announced it is acquiring Classic Optical, a Salt Lake City-area optometry practice, from Dr. Michael Conklin. Financial terms were not disclosed. Conklin’s practice will essentially be moved to Standard Optical’s office in Murray, Utah, less than a mile from Classic Optical, that is one of 20 locations across the state. Conklin will be the resident full-time optometrist at Standard Optical’s Murray practice. Long-time practice manager and optician Lindsay Lafeen will be manager of the Murray Standard Optical and  Sofia Sanchez will join Standard Optical as a marketing associate in its digital marketing department.


Axiom Medical LLC, a Houston-based company focused on occupational health services for employers and developer of the innovative CheckIn2Work app, has added Samuel (Sam) Simmons as vice president of operations, based in Salt Lake City. Simmons will be responsible for the client service department and supporting on-site client relationships. Simmons previously worked for six years at MedData, most recently as regional vice president of implementations. Before that, he worked for Cardon Outreach, a MedData company, as implementations manager. Simmons holds a Bachelor of Business Administration degree from Westminster College and a Project Management Excellence Certificate from the University of Utah. Axiom Medical has 30 employees in Utah, with five based at the Salt Lake City office.


BlueWind Medical, a medical device company developing minimally invasive neurostimulation devices and with a main office in Park City, has appointed Kerry Nelson to its board of directors. Nelson is a medical device investor and fund manager who has launched and managed healthcare focused investment funds. She is portfolio manager and founder of Skystone Capital Management LP, which has been solely focused on the healthcare industry since a spin out from JP Morgan Chase & Co. Previously, she was a portfolio manager with Highbridge Capital Management, spent four years as a partner with Blum Capital Partners LP, and served as a portfolio manager and analyst at Fidelity. She previously served as a board observer at Haemonetics and Kinetics Concepts Inc.



Radisson Hotel Group has announced the signing of Radisson Blu Sandy-Salt Lake City. The hotel, which will be managed by Radisson Hotel Group, will be part of a multi-phased, mixed-use development project with Raddon Development, called The Summit at the Cairns, designed by Beecher Walker Architects. The first phase of the project, comprised of a 13-story building, will feature conference facilities, a variety of guest rooms, a rooftop restaurant and bar, pool deck, full-service spa, fitness center, condominiums and parking structure. The hotel will offer 235 guest rooms and suites. Construction is expected to start in the 2021 fourth quarter. Adam Gatto and Molly Wilson of Colliers International Hotels and Hospitality Group worked on behalf of Raddon Development to secure and execute the Radisson Blu for the Cairns development.


• The first-ever Yotelpad recently opened in Park City. London-based hotel group Yotel offers 144 condominiums at the base of Park City Mountain in Canyons Village. Yotelpad allows owners to submit their residences into Yotelpad’s nightly rental program. Floor plans can accommodate four to seven guests. Equipped with self-service check-in stations, the hotel allows guests to access meals and drinks, a 24/7 gym, ski valets, a fireside lounge and more.



• A combined effort by Zions Bank and four community housing providers will create affordable housing opportunities to more than 100 low-income families and individuals from Brigham City to Green River. The Federal Home Loan Bank of Des Moines announced that $1.4 million in Competitive Affordable Housing Program grants have been awarded to four Utah affordable housing projects. They are The Magnolia, a permanent supportive housing facility in Salt Lake City, $750,000; Central Village Condominiums, affordable housing in Park City, $149,000; Neighborhood Improvement Project Phase 4, a program helping low-income homeowners in designated areas of Brigham City make improvements to their homes, $345,400; and Canal Commons, affordable apartments in Green River, $150,000. From construction of new affordable housing to the rehabilitation of existing homes and rental properties, the projects will benefit low-income families, seniors, persons with disabilities, and people experiencing homelessness. In 2020, FHLB Des Moines approved 42 percent of affordable housing applications it received, awarding nearly $41.3 million in aid for projects. As a member of FHLB Des Moines, Zions Bank was the sponsoring financial institution for each of the four Utah grant recipients. Since becoming a member of FHLB Des Moines in 2017, Zions Bank has helped secure more than $5.7 million in affordable housing awards to build or rehabilitate 440 housing units in Utah. Organizations interested in applying for a 2021 grant may contact Zions Bank AHP grant coordinator Stephanie Tobey at, by Jan. 17.



World Trade Center Utah has announced four new board members: Brad Bonham, CEO of Walker Edison; Derrick Porter, CEO of Beauty Industry Group; Mike Rice, vice president of Lockton; and Blaine Randall, owner of North American Railroad.



Jane, a Lehi-based marketplace for clothing and home products, has announced a $40 million growth investment from Tritium Partners. The company said the financing, Jane’s first since its founding, will accelerate its growth and support its plans to expand the Jane brand internationally.


ReddyPort, a Salt Lake City-based medical technology company focused on non-invasive ventilation (NIV) products, has announced it raised an undisclosed amount of seed funding to support product launch in 2021. Tony Lair, former CEO of NeoMed, led the investment round, with participation from existing and new investors, including Spring Bay Ventures and MedMountain Ventures. Lair will join ReddyPort’s board of directors.


ClickLease LLC, a Salt Lake City-based company focused on the commercial equipment finance industry, has closed a $100 million credit facility with Credit Suisse and Hudson Cove CapitalSector Financial Inc., an affiliate of Credit Suisse, provided access to the Credit Suisse debt facility. ClickLease said the debt facility provides the capital needed to deliver instant financing to its vendors and strategic partners for the foreseeable future.



Snell & Wilmer has hired Taylor C. Jaussi and Ryan M. Anderson as associates at its Salt Lake City office. Jaussi is a member of the firm’s bankruptcy practice group. Jaussi was a summer associate with Snell & Wilmer in 2019. He received his J.D. from Brigham Young University’s J. Reuben Clark Law School. Anderson is a member of the firm’s corporate and securities practice group. He was a summer associate with Snell & Wilmer. Anderson received his B.S. from Brigham Young and his J.D. from BYU’s J. Reuben Clark Law School.



• The Deseret News has hired Holly Richardson as editor of Utah Policy Daily. LaVarr Webb, founder and former publisher, will continue to be part of the team and a contributor. The Deseret News acquired the Utah Policy newsletter as part of its local and national digital strategy. Richardson is a long-time activist in Utah politics, with experience as a representative in the Utah House, political communication, consulting and advocacy work. She was a weekly columnist for The Salt Lake Tribune for four years. She served on the State Records Committee for eight years, and on multiple boards, including Hope Humanitarian, a nonprofit focused on international refugee work and Real Women Run, where she is the immediate past chair.


Gibbs Smith Publisher, a Layton-based publisher focusing on home reference, cookbook and children’s titles, has named Hanna Otero as publisher for its trade division and Suzanne Gibbs Taylor to an expanded role of chief creative officer for all book and gift imprints. Otero will oversee all book development at Gibbs Smith. She is a former teacher and most recently was publisher at Lonely Planet Kids, where she developed nonfiction titles for young audiences in the U.S., the U.K. and Australia. Prior to that, she spent 15 years at Barnes & Noble in a variety of roles, including as the founder of the company’s proprietary educational publishing imprint, FlashKids, and as editorial director of Sterling Children’s Books. She joined the Gibbs Smith organization in October as the director of publishing and sales for its Flying Frog division. Taylor joined Gibbs Smith in June of 1998 as an editor and was named publisher in 2015. Most recently, she led the creation and development of the company’s newest gift imprint, Spumoni Studio.



The Next Generations Foundation, a new Hampshire-based nonprofit organization commonly known as “Less Cancer,” has named Dr. Tricia Petzold to its board of directors. Petzold is a family physician who has worked at the Snowbird Medical Clinic in Alta for 18 years. She has also worked in emergency medicine in the Park City Hospital Emergency Department and in family medicine at the University of Utah Community Clinics. Petzold currently directs the Health Promotion and Integrative Health pathway, and teaches the culinary medicine elective and the Layers of Medicine course at the University of Utah Medical School. The foundation works to educate the public, create proactive public policies, and offer continuing education credit to public health professionals regarding cancer.



Employees at the headquarters of Salt Lake City-based Extra Space Storage recently participated in a virtual food drive for Utah Food Bank, raising over $22,000 in one week. In past years, the company has held a traditional food drive, but this year pivoted the drive to be virtual. Extra Space Storage committed to matching employee donations up to $10,000. Extra Space Storage is a real estate investment trust that operates 1,900 self-storage stores in 40 states; Washington, D.C.; and Puerto Rico.


KeyBank has donated $30,000 locally as part of its $340,000 national commitment to small businesses, nonprofits and families through its “KeyBankAssists 3.0” community effort, part of an $18 million philanthropic commitment KeyBank has made for COVID-19 response. In Salt Lake City, KeyBank teamed with retired Real Salt Lake goaltender Nick Rimando to make a $12,500 donation to Utah Food Bank and additional donations to Best Friends, Ronald McDonald House SLC and Goals for Girl as well as donating $50 gift cards to customers of various small businesses around Salt Lake City during the first two weeks of December. They are Cuisine Unlimited, Beer Bar, Alibi Bar and Place, Nomad East and Este Pizzeria.


• A pair of Utah business leaders, David Ibarra and K.O. Murdock, donated $100,000 to The Other Side Academy in support of its programs and students. The academy is a residential, 2 1/2-year program for those who have been involved in the criminal justice system. The Academy is a training school where students learn pro-social, vocational and life skills.


The Domain Cos. has announced new local partnerships with three nonprofit organizations through its MyCommunity program at The Shop shared workspace: the Green Urban Lunchbox, Wild Utah Project and Equality Utah. In partnership with Giv Development, Domain will open the $14 million project in early 2021 in the heart of Salt Lake City. The MyCommunity program partners each Domain property with three local nonprofit organizations, facilitating donations and creating volunteer opportunities for members throughout the year. The Green Urban Lunch Box is a nonprofit organization that empowers people to connect to their food and community by revitalizing urban spaces and building a resilient food culture. The Wild Utah Project addresses and prevents roadblocks to effective conservation. Equality Utah works to secure equal rights and protections for LGBTQ Utahns and their families.


Xinsurance, a specialty lines liability insurance company and “dba” of Evolution Insurance Brokers in Salt Lake City, has announced a $50,000 donation on behalf of the Utah Highway Patrol’s Honorary Colonels to the Honoring Heroes Foundation that will benefit the needs of Utah state troopers and their families throughout Utah. The foundation is a nonprofit organization that was formed to protect and provide for fallen and wounded troopers and for the well-being of the dependents and employees of the Utah Highway Patrol and the Department of Public Safety. Specifically, the nonprofit assists with expenses not covered by insurance when these heroes are injured on the job or encounter other catastrophic expenses.


• With the 2020 football season over, Mountain America Credit Union, Sandy, has donated $5,000 to the American Red Cross through its charitable program with Brigham Young University Athletics. Since 2018, Mountain America has donated nearly $50,000 to the American Red Cross through its BYU football field goal and men’s basketball three-point shot programs to provide critical care and resources for those impacted by disasters and emergencies. During the 2020-2021 BYU men’s basketball season, Mountain America will donate $50 to the American Red Cross for each successful three-point shot.


USANA Kids Eat led a charity food pack to provide families with meals to help keep them safe and fed through the rest of the year. More than 3,605 bags, which equates to 144,200 meals, were packed and delivered to 36 schools in the Salt Lake area. Each large pantry bag contained 40 meals packed by community volunteers, including USANA employees and their families, who signed up to shop, pack and deliver bags to local schools. KidsEat was founded in 2013 to provide backpacks filled with food for youth to a large network of schools and organizations in Northern Utah. In 2019, the USANA Foundation acquired KidsEat to form USANA Kids Eat.


New U Life, a Lehi-based company focused on increasing natural growth hormone levels, has announced two new programs that will allow them to unite with others in kind acts and charitable donations in order to impact communities around the world. The U Care program aims to bring the New U Life family together by performing simple acts of service and give to communities in need. U Care’s first initiative during this holiday season is Hands for Hope, a movement dedicated to passing kindness forward. As part of this movement, New U Life distributors will receive a bag of coins, and with every kind act, pass along a coin and track their coin to watch those kind acts passed forward from person to person. New U Life also has announced U Fund, which was created to fund and support initiatives and projects financially through donations and/or other means. Through the program, it partnered with the American Red Cross and raised over $50,000 in donations to support those affected by the 2020 California wildfires and also partnered with KidSave, an organization that's focused on improving children's lives. Under the U Fund program, New U Life has contributed $170,000 in donations alone from nine of its 13 executive members toward several worthy charities and causes.


YESCO, Salt Lake City, recently presented an historic First Security Bank sign to Lisa Eccles at the David Eccles School of Business at the University of Utah. In 1928, YESCO founder Thomas Young Sr. created the original First Security Bank sign for brothers Marriner and George Eccles, the first leaders of First Security Corp., then located in Ogden. The donated sign adorned the First Security Bank building at 79 S. Main St. in Salt Lake City until 2000, when the bank merged with Wells Fargo. It will be permanently displayed at the David Eccles School of Business in the First Security Board Room, which is a recreation of the original First Security Board Room and is filled with historical photos and memorabilia.


ASEA, a Salt Lake City-based global health leader in redox technology, has announced that its Advancing Life Foundation has impacted the lives of more than 800,000 people across 16 countries since its founding in 2015. The foundation was established to provide opportunities for associates and employees to make a positive impact and to break cycles of poverty, abuse and suffering in the world. It has raised over $1.2 million.



Kennedy Wilson Fund VI, a commingled fund managed by investment and development company Kennedy Wilson, has acquired three 2-story office buildings and two development sites totaling 247,000 rentable square feet in Greater Salt Lake City for $55 million. The institutional quality commercial buildings at Parkway Center expand Kennedy Wilson’s presence in the Mountain states. The campus covers 24.2 acres. It is currently 100 percent occupied by five credit tenants, including Amazon and Verizon, which each occupy their own, single-tenant buildings. The Fund VI portfolio includes 15 multifamily and commercial assets in markets including the San Jose, Los Angeles, Salt Lake City, Denver and Seattle regions.



• Several Utah companies and organizations recently earned MarCom Awards, sponsored and judged by the Association of Marketing and Communication Professionals. This year’s MarCom program included more than 5,000 entries from the United States, Canada and 28 other countries. MarCom award winners were selected from over 300 categories. Platinum winners include ARIIX, seven; Dixie State University, three; DoTerra, three; Fidelity Investments, one; Layton Construction, one; Tamarak, three; University of Utah, two; USANA Health Sciences, three; Utah State University, one; and Young Living Essential Oils, one. Gold winners include ARIIX, two; Dixie State University, one; DoTerra, five; Fidelity Investments, one; Layton Construction, two; USANA Health Sciences, three; Utah State University, three; and Zions Bancorporation, three. Details are at


The U.S. Direct Selling Association recently presented the 2020 DSA Award winners for top honors in customer service, products, innovation and to individuals who stood out as a prominent leader in the industry. The 2020 DSA Award winners include Excellence in Business, Nu Skin Enterprises (Velocity by Nu Skin Sales Performance Plan); Product Innovation, USANA Health Sciences (USANA Oral Care); and Vision for Tomorrow, Nu Skin Enterprises (Nu Skin’s Sustainability Commitments). The annual awards recognize exceptional programs that direct selling companies have incorporated into their business practices. Finalists were selected by a committee, and the winners were voted on by more than 1,800 people within DSA member companies.


Young Living Essential Oils, Lehi, won the Gold award in the Best in Biz 2020 program for both the Best New Products (the Feather the Owl Diffuser) and Crisis Response of the Year for its COVID-19 response. The Best in Biz Awards are based on scoring from independent judging panels assembled from newspapers, TV and radio outlets, and business, consumer, technology and trade publications in North America.


Eforce, a Providence-based producer of software for public safety agencies, is seeking the public’s help in nominating, voting and sharing stories of good for its Force for Good Award, highlighting actions undertaken by people in law enforcement. Nomination are being received for officers’ and agencies’ extraordinary acts of kindness, selflessness, service and heroism in 2020. Award nominees are eligible for the award’s grand prize of $5,000, as determined by the most community votes before Jan. 15. The employing agency of the grand prize winner is eligible to receive a $50,000 software package to support their operations. Details are at



Eight Settlers Distillery & Restaurants has opened at 7321 S. Canyon Centre Parkway, Cottonwood Heights. Open for lunch and dinner, it offers a modern American menu with locally sourced food and locally blended spirits. Eight Settlers incorporates the traditional western vintage look of the 1850s with the second industrial revolution. Its space is divided into thematic rooms and areas that pay tribute to the settlers and settlements that originally developed in the area where Eight Settlers currently resides. It is owned by Radu and Katia Dugala.



BambooHR, a Lindon-based cloud-hosted human resources software provider, has awarded 100 HR professionals from small and medium-sized businesses with a scholarship for a seven-week preparation course as they prepare to take their HR certification exams. The certification scholarship is a new program unveiled at BambooHR’s HR Virtual Summit earlier this year. Recipients are members of several SHRM chapter organizations and include a broad selection of professionals, from those new in their careers to seasoned professionals that have not had the opportunity to receive certification.


Andrew Felsted of Heber has been selected as a 2020 recipient of Northwestern Mutual’s Childhood Cancer Survivor Scholarship. The scholarship program was developed to alleviate the financial strain on families that often results from expensive cancer treatments by helping to fund school tuition and fees. Forty-three students have each been awarded a $5,000 renewable scholarship (for a total of $10,000) through this year’s program. Felsted was diagnosed with a Stage Four cancerous brain tumor a few days before his fifth birthday. As a result of his diagnosis and surgery to remove the brain tumor, he lost eyesight, the ability to speak and was partially paralyzed. He underwent brain and spine radiation and chemotherapy and has re-learned how to walk and talk. He is majoring in public health at Brigham Young University-Idaho.



Ainge Advisory LLC, a Lehi-based boutique firm with focus on mergers and acquisitions, private equity and venture capital transactions, has announced that Mark Broadbent will be joining as managing director of the Legal & Advisory Services division. Broadbent has been an active advisor to angels, entrepreneurs, venture capital funds and growth-stage companies, particularly in the emerging Silicon Slopes tech corridor along Utah’s Wasatch Front. He has worked with leading corporate law firms and in strategy/finance roles. Broadbent has a Juris Doctor and an MBA from Brigham Young University.


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