Corp! Magazine

Corp! Magazine Publication dedicated to business owners and C-Suite leaders by providing breaking business news, resources, best practices, economic trends, and everything a CEO needs to know.

Corp! Magazine is a certified WBENC, and woman-owned business. Magazine is Everything Business. features success stories, best practices and strategies that CEOs, business owners, executives and managers will find useful and relevant. We pride ourselves on not making editorial decisions based on how much coverage a story has received in other media, or how it ties into the latest scandal in the business world.

Operating as usual

At Corp! Magazine, we've enjoyed bringing you all the business news you've needed throughout 2021, and look forward to a...
12/23/2021

At Corp! Magazine, we've enjoyed bringing you all the business news you've needed throughout 2021, and look forward to another year of providing relevant news and information in 2022! Have a joyous holiday season, and a very Happy New Year!

At Corp! Magazine, we've enjoyed bringing you all the business news you've needed throughout 2021, and look forward to another year of providing relevant news and information in 2022! Have a joyous holiday season, and a very Happy New Year!

Detroit Symphony Orchestra Appoints Erik Rönmark as President, CEO https://www.corpmagazine.com/featured/detroit-symphon...
12/21/2021
Detroit Symphony Orchestra Appoints Erik Rönmark as President, CEO

Detroit Symphony Orchestra Appoints Erik Rönmark as President, CEO https://www.corpmagazine.com/featured/detroit-symphony-orchestra-appoints-erik-ronmark-as-president-ceo/

DETROIT — Detroit Symphony Orchestra Board of Directors Chair Mark Davidoff announced recently that current Vice President and General Manager Erik Rönmark has been appointed to succeed Anne Parsons as the DSO’s President and CEO, effective March 7. The news was shared at the annual meeting of ...

Grand Rapids Public Schools Foundation Announces Stephanie Adams as New President, CEO https://www.corpmagazine.com/feat...
12/21/2021
Grand Rapids Public Schools Foundation Announces Stephanie Adams as New President, CEO

Grand Rapids Public Schools Foundation Announces Stephanie Adams as New President, CEO https://www.corpmagazine.com/featured/grand-rapids-public-schools-foundation-announces-stephanie-adams-as-new-president-ceo/

GRAND RAPIDS – Stephanie Adams, a longtime nonprofit leader and community organizer, has been named President and Chief Executive Officer of the Grand Rapids Public Schools Foundation, the fundraising partner of Grand Rapids Public Schools. Adams, a 1994 graduate of Ottawa Hills High School, start...

Tim Hunt Promoted to CEO of Birmingham's The Community House https://www.corpmagazine.com/featured/tim-hunt-promoted-to-...
12/21/2021
Tim Hunt Promoted to CEO of Birmingham’s The Community House

Tim Hunt Promoted to CEO of Birmingham's The Community House https://www.corpmagazine.com/featured/tim-hunt-promoted-to-ceo-of-birminghams-the-community-house/

The Community House of Birmingham, a non-profit resource and destination for personal, professional, recreational and philanthropic pursuits, announces the promotion of Tim Hunt to Chief Operating Officer. In his new role, Hunt will oversee the day-to-day operations of The Community House with empha...

Ernie Almeranti Stepping Down After 24 Years With Great Lakes Wine & Spirits https://www.corpmagazine.com/featured/ernie...
12/20/2021
Ernie Almeranti Stepping Down After 24 Years With Great Lakes Wine & Spirits

Ernie Almeranti Stepping Down After 24 Years With Great Lakes Wine & Spirits https://www.corpmagazine.com/featured/ernie-almeranti-stepping-down-after-24-years-with-great-lakes-wine-spirits/

DETROIT — Great Lakes Wine & Spirits, Michigan’s largest wine and spirits distributor, today announced the retirement of executive vice president Ernie Almeranti. Almeranti spent more than 20 years at GLWAS and nearly 40 years in the wine and spirits industry. “Ernie Almeranti has experienced ...

Commercial Real Estate Leaders Appointed to Crew Detroit Board Of Directors https://www.corpmagazine.com/featured/commer...
12/20/2021
Commercial Real Estate Leaders Appointed to Crew Detroit Board Of Directors

Commercial Real Estate Leaders Appointed to Crew Detroit Board Of Directors https://www.corpmagazine.com/featured/commercial-real-estate-leaders-appointed-to-crew-detroit-board-of-directors/

DETROIT – CREW Detroit (Commercial Real Estate for Women), the industry’s premier business network dedicated to increasing success of individuals in the commercial real estate (CRE) industry, has announced the 2022 Board of Directors. The new board has been voted for and approved by the g...

Cory Connolly to Lead State Efforts to Meet Ambitious Climate, Carbon Reduction Goals https://www.corpmagazine.com/featu...
12/20/2021
Cory Connolly to Lead State Efforts to Meet Ambitious Climate, Carbon Reduction Goals

Cory Connolly to Lead State Efforts to Meet Ambitious Climate, Carbon Reduction Goals https://www.corpmagazine.com/featured/cory-connolly-to-lead-state-efforts-to-meet-ambitious-climate-carbon-reduction-goals/

Cory Connolly has been named the climate and energy advisor at the Michigan Department of Environment, Great Lakes, and Energy (EGLE). Connolly, most recently vice president of the Michigan Energy Innovation Business Council (Michigan EIBC), brings a wealth of experience developing public policy sol...

First-Time Unemployment Claims Slide Back Over 200,000 https://www.corpmagazine.com/featured/first-time-unemployment-cla...
12/17/2021
First-Time Unemployment Claims Slide Back Over 200,000

First-Time Unemployment Claims Slide Back Over 200,000 https://www.corpmagazine.com/featured/first-time-unemployment-claims-slide-back-over-200000/

The number of first-time unemployment claims from U.S. workers didn’t stay under the 200,000 mark for long. Just a week after sinking to 52-year lows, statistics released by the Labor Department show first-time claims for unemployment insurance rose to 206,000, an increase of some 18,000 over the ...

Experts: U.S. Economic Data Not Yet Showing Any Drag from Omicron COVID Variant https://www.corpmagazine.com/featured/ex...
12/17/2021
Experts: U.S. Economic Data Not Yet Showing Any Drag from Omicron COVID Variant

Experts: U.S. Economic Data Not Yet Showing Any Drag from Omicron COVID Variant https://www.corpmagazine.com/featured/experts-u-s-economic-data-not-yet-showing-any-drag-from-omicron-covid-variant/

U.S. economic data this week remained strong, not yet showing drag from COVID-Omicron. International indicators are looking less robust. The IHS Markit Global Steel Users PMI eased in November to a still-slightly-positive 51.0. Likewise, their Global Copper Users PMI dipped to 51.1, and their Global...

GMC Expands EV Lineup, Offers First Look at Electric Sierra Denali https://www.corpmagazine.com/featured/gmc-expands-ev-...
12/17/2021
GMC Expands EV Lineup, Offers First Look at Electric Sierra Denali

GMC Expands EV Lineup, Offers First Look at Electric Sierra Denali https://www.corpmagazine.com/featured/gmc-expands-ev-lineup-offers-first-look-at-electric-sierra-denali/

DETROIT – GMC gave a first look this week at its upcoming all-electric Sierra pickup, previewing the truck’s unique and premium exterior lighting sequence. The electric Sierra, which will launch only in the popular Denali trim, will be the third all-electric vehicle in GMC’s portfolio after t...

Fed Fears Inflation, Accelerates Taper with an Eye Toward Earlier Lift-Off https://www.corpmagazine.com/featured/fed-fea...
12/17/2021
Fed Fears Inflation, Accelerates Taper with an Eye Toward Earlier Lift-Off

Fed Fears Inflation, Accelerates Taper with an Eye Toward Earlier Lift-Off https://www.corpmagazine.com/featured/fed-fears-inflation-accelerates-taper-with-an-eye-toward-earlier-lift-off/

• The Federal Reserve kept the fed funds rate unchanged near zero.• Tapering of Fed asset purchases will accelerate in January.• Fed actions appear to set interest rate lift-off for the second quarter of 2022.  In a policy statement released Wednesday, the Federal Reserve did what every...

Pet Supplies Plus Opens 600th Store, Continues U.S. Expansion with 100 New Store Commitments https://www.corpmagazine.co...
12/17/2021
Pet Supplies Plus Opens 600th Store, Continues U.S. Expansion with 100 New Store Commitments

Pet Supplies Plus Opens 600th Store, Continues U.S. Expansion with 100 New Store Commitments https://www.corpmagazine.com/featured/pet-supplies-plus-opens-600th-store-continues-u-s-expansion-with-100-new-store-commitments/

America’s ,largest independent pet retailer, Pet Supplies Plus, recently celebrated its 600th grand opening in Gresham, Ore. The local entrepreneurs of the 600th store are Tom and Julie Meehan. Tom has extensive retail experience and is excited to own his own family-run business. As a loyal custom...

Study: Majority of Consumers Embrace Open Banking to Power Digital Financial Experiences https://www.corpmagazine.com/un...
12/17/2021
Study: Majority of Consumers Embrace Open Banking to Power Digital Financial Experiences

Study: Majority of Consumers Embrace Open Banking to Power Digital Financial Experiences https://www.corpmagazine.com/uncategorized/study-majority-of-consumers-embrace-open-banking-to-power-digital-financial-experiences/

PURCHASE, N.Y. (Business Wire) — A new report from Mastercard, The Rise of Open Banking, demonstrates the mainstream adoption of technology to power smarter, more meaningful digital experiences. Open banking puts consumers at the center of where and how their data is used to more effectively pro...

Join us on Jan. 12th for a free webinar: Moving Beyond Diversity: How to Pivot from Inclusion to Belonging, presented by...
12/16/2021

Join us on Jan. 12th for a free webinar: Moving Beyond Diversity: How to Pivot from Inclusion to Belonging, presented by Devin C. Hughes.
Register Here: https://lnkd.in/dNFN3pdX

Join us on Jan. 12th for a free webinar: Moving Beyond Diversity: How to Pivot from Inclusion to Belonging, presented by Devin C. Hughes.
Register Here: https://lnkd.in/dNFN3pdX

Big build: Ilitch Holdings, Related Companies and University of Michigan announced the Detroit Center for Innovation wil...
12/14/2021
Ross, Ilitch Building $250 Million Detroit Center for Innovation in The District Detroit

Big build: Ilitch Holdings, Related Companies and University of Michigan announced the Detroit Center for Innovation will be built in The District Detroit. The three-building DCI campus is to be built on what is currently an approximately four-acre, development-ready surface parking area between Cass and Grand River and between W. Columbia Street on the north and Elizabeth Street on the south. Groundbreaking is expected in 2023. https://www.corpmagazine.com/features/cover-stories/ross-ilitch-building-250-million-detroit-center-for-innovation-in-the-district-detroit/

Stephen Ross' Related Companies and Ilitch Holdings announced they'll build the $250 million Detroit Center for Innovation in The District Detroit.

Coming back: Experts for the The Right Place and University of Michigan said at an economic outlook presentation that th...
12/14/2021
Experts: Michigan, Grand Rapids Recovering From COVID’s Economic Effects

Coming back: Experts for the The Right Place and University of Michigan said at an economic outlook presentation that the state and the Grand Rapids area are both showing signs of #economic recovery from the devastating effects of the pandemic. https://www.corpmagazine.com/features/cover-stories/experts-michigan-grand-rapids-recovering-from-covids-economic-effects/

Economic experts speaking at an economic outlook briefing for The Right Place said the state is recovering from the economic effects of the pandemic.

Study: Economic Outlook 2022 Features Digital Resilience and a Return to the Experience Economy https://www.corpmagazine...
12/10/2021
Study: Economic Outlook 2022 Features Digital Resilience and a Return to the Experience Economy

Study: Economic Outlook 2022 Features Digital Resilience and a Return to the Experience Economy https://www.corpmagazine.com/featured/study-economic-outlook-2022-features-digital-resilience-and-a-return-to-the-experience-economy/

For nearly two years, the pandemic has obscured the global view of what’s to come. While a vaccine-fueled vision on how to reemerge formed intermittently across the world, we’ve learned progress is fragile as variants arise and risks remain. One thing’s for certain: Going digital paid off in s...

First-Time Unemployment Claims Fall Below Pre-Pandemic Levels https://www.corpmagazine.com/featured/first-time-unemploym...
12/10/2021
First-Time Unemployment Claims Fall Below Pre-Pandemic Levels

First-Time Unemployment Claims Fall Below Pre-Pandemic Levels https://www.corpmagazine.com/featured/first-time-unemployment-claims-fall-below-pre-pandemic-levels/

After recording a disappointing 210,000 jobs added in November, the U.S. economy needed a little more good news. On Thursday, it got some. According to statistics released Thursday by the Labor Department, some 184,000 U.S. workers applied for first-time unemployment benefits last week, a drop of 43...

GM, MP Materials Enter Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S.  https://www.corpmagazin...
12/10/2021
GM, MP Materials Enter Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S.

GM, MP Materials Enter Agreement to Scale Rare Earth Magnet Sourcing and Production in the U.S. https://www.corpmagazine.com/industry/automotive/gm-mp-materials-enter-agreement-to-scale-rare-earth-magnet-sourcing-and-production-in-the-u-s/

DETROIT AND LAS VEGAS – General Motors (NYSE: GM) and MP Materials (NYSE: MP) today announced the formation of a strategic collaboration to develop a fully integrated U.S. supply chain for rare earth magnets. Under the long-term agreement, MP Materials will supply U.S.-sourced and manufactured ra...

Experts: Omicron Increases Uncertainty As Fed Prepares Course Correction https://www.corpmagazine.com/featured/experts-o...
12/10/2021
Experts: Omicron Increases Uncertainty As Fed Prepares Course Correction

Experts: Omicron Increases Uncertainty As Fed Prepares Course Correction https://www.corpmagazine.com/featured/experts-omicron-increases-uncertainty-as-fed-prepares-course-correction/

COVID variant Omicron, the latest lurching step from pandemic to endemic COVID, has increased economic uncertainty at the end of 2021. The new variant has already had a negative economic impact as international travel gets throttled back in the midst of the usually hectic holiday season. Financial m...

SBA Plans to Elevate the Office of Women’s Business Ownership https://www.corpmagazine.com/interest/entrepreneurs-execut...
12/10/2021
SBA Plans to Elevate the Office of Women’s Business Ownership

SBA Plans to Elevate the Office of Women’s Business Ownership https://www.corpmagazine.com/interest/entrepreneurs-executives/sba-plans-to-elevate-the-office-of-womens-business-ownership/

WASHINGTON (Globe Newswire) — U.S. Small Business Administration Administrator Isabella Casillas Guzman announced that the SBA intends to elevate its Office of Women’s Business Ownership to directly report to the Office of the Administrator. Under Guzman, the SBA has expanded the number of Women...

Study: Housing Index Shows Renting Beats Buying in Eight Major U.S. Markets https://www.corpmagazine.com/featured/study-...
12/10/2021
Study: Housing Index Shows Renting Beats Buying in Eight Major U.S. Markets

Study: Housing Index Shows Renting Beats Buying in Eight Major U.S. Markets https://www.corpmagazine.com/featured/study-housing-index-shows-renting-beats-buying-in-eight-major-u-s-markets/

BOCA RATON Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) — As the cost of housing continues to soar, deciding whether to buy a home or rent one is a virtual toss-up in many parts of the country. But the decision is clear-cut in eight major metropolitan areas, according to an analysis by professors at Flori...

Fighting back: Officials at @Pfizer are saying preliminary #testing results show its #vaccine booster offers protection ...
12/09/2021
Pfizer: Vaccine Booster Provides Protection Against Omicron Variant

Fighting back: Officials at @Pfizer are saying preliminary #testing results show its #vaccine booster offers protection against the new #covid variant, omicron. Though the results are preliminary, they’re the first from a vaccine maker that show it may help against the variant. https://www.corpmagazine.com/features/cover-stories/pfizer-vaccine-booster-provides-protection-against-omicron-variant/

Pfizer officials are saying the booster shot to their vaccine appears to offer protection against new omicron variant.

Too much money: Lawmakers are once again scrutinizing the Michigan Unemployment Insurance Agency after the department is...
12/09/2021
Lawmakers Push Unemployment Agency Reform After $3.9 Billion in Overpayments

Too much money: Lawmakers are once again scrutinizing the Michigan Unemployment Insurance Agency after the department issued roughly $3.9 billion in #unemployment benefits to applicants later deemed ineligible. It’s the second time; the department earlier drew scrutiny after mistakenly asking 600,000 people to recertify their benefits. https://www.corpmagazine.com/features/cover-stories/lawmakers-push-unemployment-agency-reform-after-3-9-billion-in-overpayments/

State lawmakers are pushing for unemployment reform after the agency that handles the program issued some $39 billion in overpayments.

Money back: Michigan Governor Gretchen Whitmer announced a decision from the Michigan Catastrophic Claims Assocation to ...
12/09/2021
Michigan Drivers to Benefit From $3 Billion Surplus with $400 Auto Insurance Refunds

Money back: Michigan Governor Gretchen Whitmer announced a decision from the Michigan Catastrophic Claims Assocation to return $400 refunds to Michigan drivers using a $3 billion surplus. Whitmer called for the action last month. https://www.corpmagazine.com/featured/michigan-drivers-to-benefit-from-3-billion-surplus-with-400-auto-insurance-refunds/

Auto owners have to wait until the second quarter of 2022, but there is a plan for drivers to receive a $400 refund out of some $3 billion in surplus funds.

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Time to Step Up BIG, Detroit! Incoming Howard & Howard President & CEO Jon Kreucher recently talked to Corp! Magazine about giving back to the community and the firm’s involvement in the new Big Brothers Big Sisters of Metropolitan Detroit “Step Up BIG Detroit” campaign. Click to read the full story here: https://bit.ly/3dg0VZa
Hear from our Executive Director Jennifer Carlson in Corp! Magazine's October issue. Apprenti is proud to help Veterans find a pathway to careers in technology. http://ow.ly/5Bxz50GZYCF
Our President, Jon Tellier, was recently featured in a Corp! Magazine article about veterans in the workplace! Read the full article here: https://bit.ly/3mgDp3x
Thank you Corp! Magazine! "The faces of hunger may surprise you. Many who need assistance are middle-class families, the working poor, children, and the elderly. No one should suffer from a lack of access to quality and nutritious food.”- Founder William Birndorf
Are you a champion for Diversity, Equity, and Inclusion? Tune in to Corp! Magazine Salute to Diversity Awards and Virtual Conference happening now! It’s not too late to register! Visit https://bit.ly/2W5AtfU The Awards Presentation is tomorrow at 2PM! Visit https://bit.ly/39uj1oj to watch tomorrow. One of this year’s Corp! Diversity Business Leaders Award recipients is THAW’s very own, Lila Asante-Appiah. Congratulations, Lila!
Tune in at 11am today for an educational workshop on DEI Recruitment and Talent presented by Corp! Magazine with a fantastic panel including our CEO, Colleen Allen. Register here: https://bit.ly/Workshop092321
Diversity, equity and inclusion strategies are making DAAA more attentive and effective in our outreach, as we serve one of the most culturally diverse regions in Michigan. DAAA is honored to receive the Diversity Champion Award from Corp! Magazine. We will continue our efforts to cultivate and preserve a culture of diversity, equity, inclusion and connectedness.
We are committed to the diverse communities we serve and are proud to be recognized as a Diversity Focused Company. Congratulations to all of this year’s Corp! Magazine Salute to Diversity award winners!
“This award feels good to receive, especially in today’s polarizing climate, this is a reminder that diversity and inclusion are an important part of success and something to celebrate. Our organization looks like the community we serve and that includes our board members. At such a large organization like Matrix, with over 500 employees serving thousands of Detroit families and individuals, it’s more important than ever to have voices at the table that can speak to the many different walks of life experienced in our community. Our success as an organization would not be possible without the diversity of our employees and we are extremely grateful to Corp! Magazine for recognizing Matrix for this award.” - Brad Coulter, President and CEO of Matrix Human Services. Read more here: https://www.matrixhumanservices.org/news/matrix-receives-diversity-champion-award-from-corp/
Thanks to Corp! Magazine for awarding UWWC as a Diversity Champion!
Cheryl Strait, our National Enterprise Program Management Practice Lead, wrote a guest article for Corp! Magazine. She discusses the rewards of possessing a #BusinessAgility mindset during times of constant change. http://ow.ly/d3mT50FQnDn #CentricDetroit