Michael S. Abrams its chief financial officer.
In alignment with the company’s succession plan, Abrams joins Arch’s financial team in the role previously held by Richard Davis. Davis will remain with the company during a transition period, which will end on June 30, after which he will support the company in a consulting role through Dec. 31.
Abrams has more than 25 years of experience as a chief financial officer to numerous public and private companies; principal investor; investment banker; merchant banker; strategic and financial adviser; and board member. His capabilities span a broad range of activities with a particular expertise in the areas of operational management, complex financial engineering, financial advisory and capital markets strategy primarily for companies in the technology and healthcare sectors.
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Fully vaccinated Americans can now safely shed their masks and skip social distancing, the U.S. Centers for Disease Control and Prevention said this week, sparking a flurry of questions about how the new guidelines will be implemented at businesses, schools, and other places where fully vaccinated and unvaccinated people mingle. We have all longed for this moment when we can get back to some sense of normalcy, CDC Director Dr. Rochelle Walensky said Thursday. Based on the continuing downward trajectory of cases, the scientific data on the performance of our vaccines and our understanding of how the virus spreads, that moment has come for those who are fully vaccinated.
Time to panic-buy an electric pickup truck?
With help from Renuka Rayasam and Myah Ward
RUNNING ON EMPTY Electric vehicles are the automotive vanguard of a greener world, and they’ve never generated more buzz.
Tesla is now the world’s most valuable car company, worth more than its top four competitors combined. Its CEO, Elon Musk, now the world’s richest man, just hosted Saturday Night Live.
General Motors has pledged to go all-electric by 2035, Volkswagen by 2027 and Jaguar by 2025. President Joe Biden’s infrastructure plan calls for $174 billion in electric vehicle investments. When the Colonial pipeline hack created a gas shortage this week, his energy secretary, Jennifer Granholm, slyly noted that it wouldn’t affect EV owners.