Posted inATL Business Chronicle

Women now hold 13 percent of board seats at Georgia public companies

By Maria Saporta
As published in the Atlanta Business Chronicle on Nov. 11, 2016

Women now hold almost 13 percent of the board seats at Georgia’s public companies, a new study by nonprofit group Onboard shows. Of the 952 board seats at Georgia’s public companies, women hold 123, according to the group’s “Women in the Boardroom: 2016 Georgia Public Companies Study”. That’s the highest since the study began 24 years ago.

Posted inLatest News

Metro Atlanta Chamber names Deisha Barnett as marketing svp – bringing diversity to senior team

The Metro Atlanta Chamber has named Deisha Barnett as its new senior vice president of marketing and communications – beginning on Nov. 29.

Most recently, Barnett has spent the last nine years working with Walmart Inc., where she rose through the ranks to become the senior director of corporate communications.

Posted inATL Business Chronicle

Virginia Hepner to retire from Woodruff Arts Center

By Maria Saporta
As published in the Atlanta Business Chronicle on Nov. 11, 2016

Virginia Hepner, president and CEO of the Woodruff Arts Center, will retire on May 31, five years after taking the helm of the third largest arts center in the country.

In an exclusive interview with Atlanta Business Chronicle, Hepner said it is the right time for her to leave the cultural institution.

“It’s a 24-7 job the way I choose to do it,” Hepner said, who had signed on for a maximum of a five-year contract. “I really want more flexibility in my life, and I’m blessed to be able to afford that. These jobs are pretty much all consuming.”

Posted inATL Business Chronicle

Column: Momentum of support builds for city’s cultural institutions

By Maria Saporta
As published in the Atlanta Business Chronicle on Nov. 4, 2016

It has been a jaw-dropping season for philanthropic giving in Atlanta.

On Nov. 2, the Woodruff Arts Center announced it has raised $110 million for its Transformation Campaign — $10 million more than its goal.

The $110 million includes $25 million to endow 11 chairs for the Atlanta Symphony Orchestra musicians, a goal that was reached two years ahead of schedule.

Posted inATL Business Chronicle

Philips Arena project could be catalyst to develop ‘Gulch’

By Maria Saporta
As published in the Atlanta Business Chronicle on Nov. 4, 2016

The agreement to spend $192.5 million to dramatically renovate Philips Arena likely will lead to the redevelopment of the area between Mercedes-Benz Stadium, Underground Atlanta and Centennial Olympic Park, according to both Atlanta Mayor Kasim Reed and Tony Ressler, the principal owner of the Atlanta Hawks.

The renovation of Philips, announced on Nov. 1, also will include $142.5 million in public financing, a stark difference from the model that built Philips Arena.

Posted inColumns

Thinking of my European heritage as we face U.S. elections

As I write this column, on the day before the presidential election, it is without knowing who will be leading our country for the next four years.

A comment I often heard during this election season, often with humor was: “If (fill in the blank) is elected president, I’m leaving the country.”

It just so happens that I’m trying to become a Spanish citizen – a move that speaks more to my heritage than my political beliefs.

Posted inWABE

Philips Arena overhaul could include The ‘Gulch’

Original Story on WABE by Maria Saporta The $192.5 million renovation plan for Philips Arena could also include upgrades to land between Mercedes-Benz Stadium, Underground Atlanta and Centennial Olympic Park. According to this week’s Atlanta Business Chronicle, that includes what some call the “gulch.” The gulch is the property under the Georgia World Congress Center […]

Posted inATL Business Chronicle

Column: Achieve Atlanta gets $600,000 boost from Kaiser Permanente

By Maria Saporta
As published in the Atlanta Business Chronicle on Oct. 28, 2016

Achieve Atlanta, a nonprofit helping graduating high school seniors attend and stay in college, has received an unsolicited three-year grant of $600,000 from Kaiser Permanente of Georgia.

The grant will enable Achieve Atlanta to add a college counselor in four high schools in distressed areas of Atlanta to help students apply and pay for college.

“We really wanted to focus on areas where there were poor health outcomes,” said Madelyn Adams, director of community benefit for Kaiser Permanente of Georgia. “Better education leads to better health outcomes. Achieve Atlanta was the right place for us to be. I really admire how transparent they are and how they know where they want to go. It really appealed to us.”

Posted inLatest News

Woodruff Arts Center raises $110 million; Alliance Theatre to rename its main stage after Coca-Cola

Raising more than $10 million over its goal, the Woodruff Arts Center’s Transformation Campaign ended up raising $110 million more than two years ahead of schedule.

The record-breaking campaign ended up receiving a multimillion dollar undisclosed gift from the Coca-Cola Co. to support the renovation of the Alliance Theatre. As a result, the main stage will be named the Coca-Cola Stage at the Alliance Theatre when the renovated venue opens in the fall of 2018.

Posted inATL Business Chronicle

Business leaders launch Atlanta Friendship Initiative

By Maria Saporta
As published in the Atlanta Business Chronicle on Oct. 28, 2016

Two top Atlanta business leaders have launched a new initiative aimed at healing strained race relations, with hopes it could spread to other cities.

Bill Nordmark, an Atlanta business consultant and former president of the Rotary Club of Atlanta, and John Grant, executive director of the Celebration Bowl and former CEO of 100 Black Men of Atlanta, have formed the Atlanta Friendship Initiative. The concept is to pair up two people from different racial or ethnic backgrounds and have them become friends. They agree to get together once a quarter, and then once a year to bring their families together in fellowship.

Posted inLatest News

Atlanta Hawks reach agreement with the city on a $192.5 million renovation of Philips Arena

Atlanta Mayor Kasim Reed and majority Atlanta Hawks owner Tony Ressler were all smiles Tuesday when they announced that they had reached a $192.5 million deal to revamp Philips Arena.

The 30-year agreement would keep the “Hawks in downtown Atlanta for decades to come,” Reed said at the press conference in his Ceremonial Office at City Hall.

Posted inLatest News

George Dusenbury named head of Trust for Public Land – Georgia

Veteran parks and conservation advocate George Dusenbury IV has been named the Georgia State Director for the Trust for Public Land.

He succeeds Curt Soper, who moved to the Pacific Northwest this summer to accept a position as executive director of the Chelan-Douglas Land Trust.

In his new role, Dusenbury plans to focus on improving access to parks in Atlanta, expanding conservation efforts around the Chattahoochee River and working in partnership with individuals and organizations throughout the state.

Posted inColumns

AT&T, now seeking merger with Time Warner, could have been based in Atlanta

News of AT&T acquiring Time Warner brought up all these feelings of “cudda, wudda, shudda” for Atlanta.

Not only does Time Warner own the formerly-independent Turner Broadcasting System – including CNN, which is based in Atlanta but controlled from New York.

But Texas-based AT&T acquired the former Atlanta-based BellSouth Corp., a move that changed the city’s telecommunications profile forever.

Posted inLatest News

Transportation continues to serve as top concern for metro Atlanta residents

For the third year in a row, transportation continues to be the top concern in the Atlanta region – mentioned by 25 percent of the population.

The results of the fourth annual Metro Atlanta Speaks public opinion survey were to be announced at the Atlanta Regional Commission’s State of the Region breakfast at the Georgia World Congress Center.

More importantly, the respondents expressed strong support for public transit with 73.5 percent said transit was very important and another 18.7 percent said it was somewhat important.

Posted inATL Business Chronicle

Column: How a chance meeting at a bar helped a nonprofit buy a home

By Maria Saporta
As published in the Atlanta Business Chronicle on Oct. 21, 2016

The Lifecycle Building Center has just been able to acquire its 70,000-square-foot warehouse with 3.5 acres — thanks to the Kendeda Fund’s help in facilitating an acquisition loan.

The property includes a historic warehouse and a newer building at 1116 Murphy Ave. in southwest Atlanta — a location the nonprofit has been leasing for five years. The warehouses are filled with construction materials, from cabinets to doors to sinks to anything one can find in homes or office buildings.

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