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2022-11-29 | NDAQ:PFG | Press Release | Principal Financial Group Inc Stockhouse2022-11-29 | NDAQ:PFG | Press Release | Principal Financial Group Inc - Stockhouse
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2022-11-29 | NDAQ:PFG | Press Release | Principal Financial Group Inc Stockhouse[unable to retrieve full-text content]
PRINCIPAL TECHNOLOGIES CORPORATE UPDATE Canada NewsWireFerrari have announced that Mattia Binotto is to leave his position as Ferrari Team Principal at the end of the year, putting an end to weeks of speculation.
Binotto, who originally joined the team as an engine engineer back in 1995, took on his current role – encompassing the Gestione Sportiva department – ahead of the 2019 campaign.
After challenging 2020 and 2021 seasons, Ferrari exploited the arrival of F1’s all-new regulations to emerge as a front-running force – claiming a one-two result with drivers Charles Leclerc and Carlos Sainz at the 2022 opener in Bahrain.
WATCH: Jolyon Palmer explains where the season was won and lost with his end-of-year review
However, after some more early-season success, Leclerc and Ferrari’s title challenges were derailed through a combination of unreliability, strategy mix-ups and driver mistakes – along with rival Red Bull’s relentlessness.
Initial reports of a structural change in the Italian media were denied by Ferrari, but further speculation emerged in the wake of the Abu Dhabi season finale and the Scuderia released a statement on Tuesday morning to confirm that Binotto had resigned.
The team added that “the process is underway to identify Scuderia Ferrari’s new Team Principal and is expected to be finalised in the new year”.
“With the regret that this entails, I have decided to conclude my collaboration with Ferrari,” said Binotto.
“I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the conviction that I have made every effort to achieve the objectives set.
“I leave a united and growing team. A strong team, ready, I’m sure, to achieve the highest goals, to which I wish all the best for the future. I think it is right to take this step at this time as hard as this decision has been for me.
“I would like to thank all the people at the Gestione Sportiva who have shared this journey with me, made up of difficulties but also of great satisfaction.”
Ferrari CEO Benedetto Vigna added: “I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year.
“As a result, we are in a strong position to renew our challenge, above all for our amazing fans around the world, to win the ultimate prize in motorsport.
“Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.”
Strategic investment provides Libra Group media subsidiary the ability to produce original film and tv programming for global distribution.
HOLLYWOOD, Calif., Nov. 28, 2022 /CNW/ -- Leading global content distributor Principal Media, a subsidiary of Libra Group, has announced a strategic investment in Toronto-based Chesler/Perlmutter Productions (C/P), a world-renowned production company with over 30 years of experience developing and delivering award-winning scripted television series and films.
The strategic investment expands Principal Media's capabilities into the development and production of movies, documentaries, and other programming. The transaction leverages Principal Media's distribution network, which includes Netflix and other leading platforms, to further amplify C/P's content globally. It also provides access to a deep library of content that will be available as part of Principal Media's catalog and included in the upcoming launch of ad-supported streaming channels.
Based in Hollywood, Principal Media has nearly 20 years of experience distributing a wide range of television programming across genres such as food, lifestyle, documentaries, sports, and wildlife. Its customers include leading networks and digital platforms around the world, including Netflix, Disney, Showtime, and the Discovery Channel, among many others. Following the investment, Principal Media will have access to C/P's vast array of original and scripted content, ranging from romantic films that deliver high ratings to the award-winning dramatic thriller series that started it all, The Hitchhiker. Principal Media is a subsidiary of Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries.
"When Principal Media set out to team up with original content creators, we could not have been more pleased to land on the extraordinary, long-running success story that is Chesler/Perlmutter Productions. The movie magic they're able to consistently deliver is unparalleled," said Gary Rosenson, Chief Executive Officer of Principal Media. "The creative possibilities are endless as we merge Chesler/Perlmutter's dynamic storytelling with Principal's global distribution network to create riveting new programming including films, series and documentaries that will be enjoyed around the world."
Based in Toronto, C/P is one of North America's most significant independent TV and film production companies known for developing, financing, producing, and distributing to major networks and platforms around the world. Their portfolio includes the work of celebrated directors such as Kathryn Bigelow, Ivan Reitman, and Paul Verhoeven, and leading actors including Helen Hunt, Jason Bateman, Helen Mirren, Jim Carrey, Patricia Arquette, Rob Lowe, and many others.
"As opportunities for content creation continue to expand, we're thrilled to extend our global reach through Principal Media," said Lewis Chesler, Co-Founder and Executive Producer at C/P. "We are excited to work with Principal, a company that shares our deep family values, to generate even more storytelling opportunities to run through our Canada-based team while we pursue even more incremental revenue-generating opportunities."
"Through this investment Principal Media will benefit from Chesler/Perlmutter's proven excellence in filmmaking, giving Principal new capabilities to make original films that can be distributed around the world," said Phaedra Chrousos, Chief Strategy Officer of Libra Group. "The possibilities for innovation in both content production and distribution are limitless. We look forward to continuing to grow in this dynamic sector and evolving our capabilities through future strategic investments."
This investment is the next step for Principal Media as it continues to grow its global entertainment services. It also follows continued investment by Libra Group in its global media portfolio. The family-owned group is predominately active in six business sectors, including maritime, aviation, hospitality, real estate, renewable energy, and a growing presence in media.
About Principal Media
Since 2005, Principal Media has been licensing its uniquely vast and always expanding catalog of content to TV networks and digital platforms worldwide. The Hollywood-based team represents a wide variety of programming genres to an equally diverse array of networks and digital platforms around the world. To keep its catalog fresh, Principal Media works closely with producers of all kinds to help monetize finished programming and develop and co-produce original series. It works with a wide range of leading partners, including Netflix, Showtime, and Disney. Principal Media is a subsidiary of Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in nearly 60 countries.
About Chesler/Perlmutter Productions
Chesler/Perlmutter Productions is a Canadian production company with global reach, focused on developing, producing and distributing television movies for US, Canadian, and international broadcasters, as well as theatrical movies for national and international distribution. As one of Canada's first independent family film production companies, Chesler/Perlmutter has established itself in North American and global film markets through its development, production, and distribution of content. The company is based in Toronto and operates a production studio in Hamilton, Ontario.
About Libra Group
Libra Group (www.libra.com) is a privately-owned, global business group that encompasses 30 operating entities - 20 businesses predominately focused on aviation, energy, maritime, real estate and hospitality, diversified industries, and 10 social initiatives. With assets and operations in nearly 60 countries, the Group applies the strength of its global network and capabilities to deliver cross-sector insights and growth at scale, while mitigating risk. Today, Libra's Social Responsibility Programs include 10 social initiatives created to address unmet needs and grantmaking that helps people worldwide. Throughout its 30 entities, the Group is focused on maintaining its innovative culture supporting human potential, and always delivering growth with good – twin engines that power the Libra ecosystem.
Photo: https://mma.prnewswire.com/media/1956783/Principal_Media_CP.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/principal-media-announces-strategic-investment-in-cheslerperlmutter-expanding-film-production-capabilities-301688116.html
SOURCE Principal Media
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2022/28/c5486.html
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Ex-Dividend Reminder: McKesson, Virtu Financial and Principal Financial Group NasdaqPEPPER PIKE, Ohio -- Renee Tuttle, in her 10th year as principal of Moreland Hills Elementary School, will retire effective Jan. 31 -- ending a career of almost 35 years in education.
On Monday (Nov. 28), the Orange Board of Education accepted Tuttle’s retirement, then congratulated her.
“It’s always quite comforting seeing the same people out there when they come to board meetings, and you’ve been a part of my life for nine years now,” board Vice President Jeffrey Leikin, the board’s longest-serving member, told Tuttle.
“I know you’ve got some things to take care of immediately, but I hope all your hopes and dreams for your retirement come true and everything you want to do, you’re able to do.
“I wish you nothing but the best, Renee,” he continued. “It’s been a pleasure knowing you, and I almost feel like I’m saying goodbye to a friend.”
After the meeting, Tuttle said she’s “loved every minute of every day” working at Moreland Hills Elementary School.
“I’m very honored to be principal at Moreland Hills,” she said. “It just has been my privilege to be (there).
“What an amazing community we have here, with wonderful families and an amazing staff.”
Tuttle, in her 17th year as a public school administrator, said she has no definite plans for her retirement at this time.
Superintendent Lynn Campbell said Tuttle will be available to the district in “a consultant capacity” starting in April to help it wrap up the current school year at the elementary school and plan for a transition to a new principal in 2023-24.
According to the rules of the State Teachers Retirement System (STRS), if one is employed by a public employer in Ohio at the time of retirement, one must wait two months after the retirement date to return to public employment.
“I will be working ahead on how we’re going to move forward after Jan. 31,” Campbell said. “That will include some support from Renee after she meets her requirement with STRS through the months of February and March. … The administration thanks her for her willingness to see us through.
“So I’m excited for what lies ahead for Moreland Hills (School), and I’ll be communicating not just with (the school board), but also with the staff and the community as we move forward in re-forming the team.”
Tuttle came to Orange Schools in 2013 after serving two years as an elementary school principal with Cuyahoga Heights Schools.
Prior to that, she worked as an elementary school principal with Cuyahoga Falls Schools for three years and was an elementary principal with Marietta City Schools for two years before that.
Tuttle spent her entire 16-year career as a public school teacher at Green Valley Elementary School in the Parma City School District, where she taught kindergarten, first, second and fourth grades.
She began her career in education as a kindergarten teacher at Children’s Village, a private school in Kent, where she served for two years.
COVID-19 booster clinic possible
Also on Monday, Campbell said he has been in communication with Rite Aid pharmacy for a possible COVID-19 vaccination booster clinic on the Orange Schools campus for students ages 5-11.
“We had a very successful vaccination booster clinic not long ago for our older student population, and right on the heels of that, the bivalent (updated COVID-19) booster became available for ages 5-11.
“So I’ll be putting the feelers out again for that age group to gauge interest for another clinic on campus for the younger students. Hopefully, it will go just as well.”
The district hosted a COVID-19 vaccination clinic, also in conjunction with Rite Aid pharmacy, for students 12 and older Oct. 22 at Orange High School.
“As long as the interest is there, I’d like to have this clinic come to campus and be behind us before the holiday season, so those who want to have an easy, convenient place to come can get boosted,” Campbell said.
“There’s also the potential of having the flu shot be offered in conjunction (with the booster) as an option, as well, and I think that may be popular, considering that we’re hearing the current flu season is spiking early.”
Students were also offered the opportunity to receive a flu shot at the clinic in October.
In response to a question from a board member, Campbell said he was not aware of any other districts in the area offering clinics of this type on school campuses.
“Any other district that is willing to reach out, I can say the pharmacists from Rite Aid have been phenomenal,” he said.
“Rite Aid has been the most consistent (among local pharmacies) with following up with the district and communicating with me, and they’ve made it really convenient and easy for us to have (these clinics) on campus. The pharmacies want to get these vaccines out.”
According to the district’s COVID-19 dashboard, updated Monday (Nov. 28), it has no active student or staff cases and no students or staff in quarantine.
The board’s next meeting will be at 6 p.m. Dec. 12.
Read more from the Chagrin Solon Sun.
Subhash Rajta
Shimla, November 26
The principal of Government Senior Secondary School at Balag village located around 50 km from Shimla has offered incentives to students to do well in their upcoming exams.
Boost for kids
I thought of the initiative to generate a sense of competition among students and encourage them to do their best in the exams. — Sandeep Sharma, Principal
The principal, Sandeep Sharma, has offered all-expense paid air travel to the toppers of Class XI and XII, air-conditioned rail travel to the toppers to Class IX and X and a trip to Chandigarh in his own car to the toppers of Class VI, VII and VIII.
Sharma says, “I thought of the initiative to generate a sense of competition among students and encourage them to do their best in the exams.” He adds, “And ever since I have told the students about the offers, they are all excited. I have got feedback from parents that the study time of their wards has increased.”
Asked why he has offered air and rail travel as incentives to the students, Sharma says village children get excited at the opportunity of going out of their village or to the nearest town. “Not many of them have visited Shimla city yet. So a chance to visit cities like Chandigarh and Dharamsala is a big incentive for them,” he adds.
He says, “I thought of cash rewards, too, but money can be misused. So, I thought of offering them free air and rail travels, besides taking them out on a trip.”
Sharma plans to pay for flights for meritorious children from Shimla to Chandigarh or Dharamsala. As for the AC rail travel, he has selected the Kalka-Delhi Shatabdi train. He says, “It will be all-expense paid trip but the parents will have to give their consent.”
It’s not the first time that Sharma will be spending from his pocket to motivate students. A couple of years ago, he had spent Rs 10 lakh to construct a building at Government Senior Secondary School, his alma mater, at Cheog village.
DAVIS WRGHT... since retiring I’m so busy
ESTELL Davis Wright, former principal of the Lystra Primary School in Somerset, St Thomas, is the consummate educator. Although now retired, she is still investing her time in mentoring young people.
The 62-year-old is now volunteering and improving the lives of several young persons and underprivileged in her community.
"I'm still involved with the young people. I plan to also return to my former school to engage the Girl Guides," she said.
Since retiring she has started an outreach Sunday school in her community, where she not only provides religious guidance to children and adults, but also distribute care packages. She also visits the shut-ins in her community.
A member of the JN Circle St Thomas chapter, where she is the treasurer, Davis Wright is engaged in planning community outreach projects that are being undertaken by the JN Circle in the parish.
Some of the projects executed include: distribution of vouchers to residents within the community that were in need of assistance during the novel coronavirus pandemic; and presentation of electronic hand sanitisers to the Morant Bay and Yallahs Fire Station, Morant Bay Police Station and the St Thomas Parish Library. The JN Circle chapter is in the process of finalising plans to establish a sanitisation station at a selected school in the area.
"Since retiring I'm so busy. I'm involved in a lot of activities such as my teachers' association and the women's caucus group where we assist young women," she said. "I'm now doing what I want to do and if I can lend a hand to anyone, I do so," she said.
Davis Wright started her career as a teacher in 1980 at Trinityville Primary School in St Thomas after graduating from the Moneague Teachers' College. She then went on to serve at Mount Vernon Primary School, Seaforth High School, Lysson Primary School — which are all located in St Thomas. She retired from teaching after serving the Lystra Primary School for 18 years as principal.
The mother of two and grandmother believes that volunteering has kept her occupied and active. She encourages seniors to get involved.
"I like to see people happy [when I assist them]. For the children I worked with, initially they would have a gloomy disposition, but after working with them you would see the laughter and happiness returning," she said.
According to the United Health Foundation, volunteering helps seniors to stay mentally sharp. The foundation said that seniors who volunteer on a regular basis have fewer cognitive complaints and show a lower prevalence of mild to moderate dementia when compared with other seniors. Having constructive ways to spend their time and learning new skills as volunteers, both promotes cognitive function that has lasting benefits for seniors and benefits those they spend time helping, the foundation added.
Glecia Beckford, teacher at Lystra Primary, is one of many who have benefited from Davis Wright's mentorship over the years. Beckford said she met Davis Wright at Lystra Primary while she was a National Youth Service volunteer, and Davis Wright has, over those years, maintained a positive influence on her life.
"She has been my mentor from a young girl. She guided me along the way and encouraged me to grow. Even when she was very firm, I took the correction and guidance and 'run with it' as I know only persons who love you, correct you," she said.
Now a trained teacher and pursuing her master's degree, Beckford credits Davis Wright with assisting her to attain her goals. "All these achievements were because of her influence. She has helped me to be disciplined and a grounded person," she said.
DAVIS WRGHT... since retiring I'm so busy
By Sam Laskaris
M’CHIGEENG FIRST NATION – She’s back.
Well officially, Gayle Payette returns as the principal at Lakeview School, located in her community of M’Chigeeng First Nation on Manitoulin Island, next week on Monday Nov. 28.
Payette is no stranger to Lakeview School, which has about 150 students and offers classes for those in Kindergarten through Grade 8.
She previously worked at the school as a teacher assistant, teacher, and curriculum writer. Plus, she was also Lakeview’s principal for three years before leaving in 2020 to accept a teaching position at Wikwemikong Junior School.
“The decision to come back was based upon the needs of the community,” Payette said. “Sitting back and watching and listening to what’s happening in the local community on behalf of the students was kind of hard to take. And I find that being in the position before, I have the skills and the quality and the experience that is needed in the community on behalf of the students.”
Payette said some youngsters were the ones who convinced her to return to her former school.
“The deal-breaker was on Halloween night when I had students coming to my house and saying, ‘Mrs. Payette, when are you coming back? We need you back,’” she said. “That really tugged at my heartstrings, so when I saw the posting for the principal at Lakeview School, I said you know what, I’m going to give it a shot and see if I can make a difference for the students once again.”
Though she was only at the Wiikwemkoong school for a couple of years, Payette enjoyed her time there and felt she enhanced her career.
“I am very grateful to have expanded my professional experiences with the Wikwemikong Board of Education and will always treasure the memories that have been made with the students,” she said.
But now she’s looking to help out the school in her own First Nation.
“I’m in a good place to return to Lakeview,” she said. “I have different perspectives. I have always been in it for the students and I want to continue that way. And especially having opportunities to make an impact in my own community, which is valuable. I believe I did that before and I want to it again because this is home.”
Payette said she has several things in mind that she would like to accomplish once taking over the principal reins again.
“I just want to make sure that the students are aware that I’m there for them,” she said. “I want to develop and enhance morale among staff. I want to boost positivity. I want to boost energy. I want to make sure that the families within the community know that I’m there for their students and that we’ll do whatever we can to help the students develop their own voice and identity.”
Payette believes it will take a bit of time to adjust to her new role and not being in the same classroom every day.
“It will be a big difference for sure,” she said, adding she will in all likelihood frequently pop into classrooms. “I like to have those interactions with students on a daily basis. Stepping into the admin role is going to take some change for me. I’ve done it a few years before so I know what needs to be done in that role.”
M’Chigeeng First Nation Ogimaa Kwe Linda Debassige is thrilled that Payette is returning to the principal position at Lakeview School.
“It’s always great to have one of our own members being a role model in the community,” she said.
Ogimaa Kwe Debassige also said Payette is well-known and highly respected in the First Nation, not only for her educational work but also as a hockey volunteer.
“The love she has for our children has been steadfast over time,” she added.
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Mitchell Reedy becomes principal of Blue Ridge Elementary Watauga Democrat[unable to retrieve full-text content]
‘Loving and serving students’ to the end. Many share memories of Wake principal who died. Raleigh News & ObserverLAGATAR24 NETWORK
Ranchi, Nov.21: The Jharkhand High Court today granted bail to D. A.V. Kapildeo Principal Manoj Kumar Sinha, who is facing charges of sexual exploitation.
The order came from the bench of Justice Subhash Chand after the principal, who was arrested on May 30, knocked on the door of the high court through his lawyer Anurag Kashyap for relief. Earlier, the lower court had rejected his bail petition twice.
The court granted bail on the condition of presenting two personal bonds of Rs 30,000 each.
The case arose after a nurse of the school registered an FIR at the Argora police station against the principal with video clips.
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After 28 years at the same school, the principal at Steinbach Christian School has announced he is stepping away.
The school, Emery Plett attended as a high school student, has been his place of employment for many years. He still recalls the day back in 1995 when he first started his job at Steinbach Christian School.
“Teaching was my first job here, after graduating from University of Manitoba.”
Plett taught Computer Science and helped with Information Technology. Then in 2000, he became Vice Principal under Randy Dueck and in 2005 he took over the role of Principal and has served in this position for the past 17 years.
Plett clarifies, “I did take a year off in the middle and we went away as a family to Spain.”
Plett has lived in the Mitchell/Steinbach area all his life. “I grew up in Mitchell, that's where born and raised. Then I went away to University in Winnipeg, got married and came back. I'm actually a graduate of SCS as well. So graduated from SCS in 87 and then went to Steinbach Bible College, where I graduated in 1990; went to university and then came back here. So yeah, I've been here all my life.”
Plett says his 3 children attended SCS as well. “My youngest is now in grade 12 and I will be privileged to give her, her diploma in June.”
Plett notes that the decision to step away from Steinbach Christian didn’t come easy.
“I've been here 28 years. People can do the math, but I'm in my early 50s. So, it was a question of, Do I want to continue to do what I'm doing? I love the school. I love my staff. I love the students and parents. I love working here, but it was also a question of, "When was the right time for me to make a change?" I've always said I wanted to leave before my “best before date”. I don't think I'm fearful of having done that, but it was just the timing of when.”
“Of course when one makes a career change, it's not just you on your own, there's a family conversation to be had. I had committed that I wanted to give my daughter her diploma, so the question was, "What's next?" And for us, an opportunity came along and we started to pursue that. As people of faith, we then prayed about it, discerned and doors continued to open. And then you start walking through those doors and so... I'm going to be stepping into the Executive Director position for the Evangelical Mennonite Conference at the Steinbach head office. So that will be the shift and that starts next summer.”
When talking about his leaving and the timing for the school Plett says, “I think this is a good time for the school to bring on a new leader. I need to take these next steps, take on a new challenge and see what that brings me.”
Plett says the past 28 years have brought many highlights for him, but his biggest honour was handing out diplomas at every graduating event.
“As the principal, I get that privilege, and that is very meaningful, so every year that's a pinnacle for me. During the school year there have been the times we brought home provincial championships, the times we hosted provincial championships. We've also done some really amazing things in terms of music, and we've also seen some of our students move on into some high-level academics, you know getting PHD's and getting Masters, while others went on to take charge of organizations and local businesses. So, I think for me, the highlight was always graduation.”
Plett continues, “The other highlight was to see how some of our graduates moved on and found success, that was very meaningful. Another highlight of mine, may sound like interesting, but it’s when I see alumni, now as parents themselves, sending their kids here, which tells me that as a teacher and for a school, we have been an impact on the student. It’s verifying for us when former students choose SCS as the place where their own children should be taught, that's felt really good.”
Plett goes on to talk about other highlights, like the official separation between Steinbach Bible College and Steinbach Christian School. He mentions the SCS gym renovation and adding more classroom space and more grades to the school.
Other changes that happened during Plett’s tenure was the growth of the school in size and population. He says when he attended SCS they only had Grades 7 to 12 classes. “Since that time, our population has almost doubled and again adding the grades, of course, absolutely feeds into that process because we're well over 300 students now. I mean the peak was a couple years ago when we had 360 students.”
When it comes what he hopes to be remember for, Plett ponders and then says, “I'm hoping they remember me as somebody that was friendly and approachable. For those that I taught, or for those that I work directly with, that they sensed some compassion. Whatever reason they visited me for that they would have seen someone with integrity and that they would see me as someone that they could see as an example for what they might want to follow in their faith-walk with humility.”
Plett says he knows the staff and admin team they currently have at SCS is wonderful. “I've got an excellent staff here and I think, whoever picks up this job, I mean during the first year, there is going to be a big learning curve, but they've got a support team around them and I think that's going to make the job easier.”
SCS Board Chair, Travis Neufeld shares these words regarding Plett stepping down. “SCS has been blessed to have Emery as a stable and consistent leader, guiding the school these past 17 years. We will miss him and we wish him success and God’s blessings as he explores the next chapter of this life.”
The board has organized a Principal Search Committee, who are currently moving forward with the hiring of the next Principal of SCS for the 2023 – 24 academic year.
“As a Board, we want to ensure our students, staff, alumni and supports that we are in the process of determining the next steps of obtaining a new Principal who will continue to move up forward and uphold the vision and mission of SCS,” says Neufeld.
Applications are being accepted for the upcoming vacancy.
Thiruvananthapuram: The recent High Court order in the Priya Varghese case makes it clear that an individual in question should have taught students for at least 15 years to be considered for appointment to the post of Principal in government and aided colleges.
With this, the recent Kerala government order providing for considering the period of service in deputation posts that don’t involve teaching, as teaching experience will become invalid.
The development will lead to questioning the appointment of many who have already become principals without having 15 years of teaching experience.
A rank list was recently published after inviting applications to the posts of Principal at 66 government colleges.
Out of the 102 applicants, only 43 have sufficient qualifications.
The minimum eligibility condition set by the University Grants Commission (UGC) for the Principal post is a Ph.D. degree, publication of 10 research papers in UGC-recognized journals, and a research score of 110 besides 15 years of teaching experience.
A committee headed by the College Education Director shortlisted the candidates and handed over the list to the PSC, which approved it four months back.
However, no appointments have been made so far.
The leaders of teachers’ associations often lack 15 years of teaching experience since they serve in deputation posts involving no actual teaching on many occasions.
It was in this background that the Kerala government issued the order providing for 15 years of total service as an adequate qualification for appointing to the posts.
The College Education Director has been asked to include more candidates in the Principal rank list on the basis of the order.
However, the High Court order makes it clear that only those having 15 years of actual teaching experience could be appointed to the post.
The UGC rules mandate a Ph.D., 10 research papers, a research score of 120, and ten years of teaching experience as the minimum qualification for direct appointment to the Professor post in Universities.
One should possess Ph.D., eight years of teaching experience, seven research papers, and a research score of 75 to become an Associate Professor.
However, they can become an Assistant Professor in colleges on the recommendation of the selection committee, upon having a Ph.D., eight years of teaching experience, participation in UGC refresher courses, and an excellent grade. The notion that taking maternity leave will affect the promotion is false.
Meanwhile, members of the ‘Save University Campaign Committee’ has submitted petitions to the Governor, Chief Minister, and Higher Education Minister, demanding the withdrawal of the order “aimed at accommodating those lacking 15 years teaching experience” to the posts of Government College Principal.
Two months after he was placed on paid administrative leave after it was revealed that he’d used the term “fudge-packers” in a post on social media site Facebook, Vince DeCicco has officially resigned as principal of Kingston High School.
The Kingston City School District’s Board of Education accepted DeCicco’s resignation during a meeting on Wednesday, November 17, effective December 23, 2022. He will remain on paid leave until that time. The School Board also unanimously approved the creation of a new contracted position for DeCicco in the Teaching and Learning Department. The new position, the district said relates to testing, assessments and data.
DeCicco’s new role will pay him $115,000 a year, down from his salary of $160,000 as principal. The contracted position runs through July 28, 2023. In a district press release, Superintendent Paul Padalino said DeCicco’s position is the first step in a central office restructuring plan which got underway with the retirement of two deputy superintendents. Padalino added that he expected the restructing plan to be complete by the end of DeCicco’s contracted term.
“Having worked with Mr. DeCicco for 10 years, I anticipate his skills and experience with student assessments and data to be very helpful for the remainder of this school year,” Padalino said. “It is an important area for us as we continue to recover from the pandemic.”
DeCicco, who was promoted to high school principal in 2019 at a salary of $140,000 per year, has been with the district for 16 years. Prior to serving as principal at Kingston High, he was high school vice principal for three years and was an interim principal at Ernest C. Myer Elementary School in Hurley for one year.
Tina Montano will continue serving as acting principal at Kingston High School while a search is conducted to hire a permanent replacement. School officials said they expect to begin that search immediately.
“Fudge-packers” is often colloquially used as a homophobic slur, but in mid-September, DeCicco said he used the term as a slight on the Green Bay Packers football team, longtime rival of the Chicago Bears, and denied intending to offend anyone in the LGBTQ community.
Also in September, he said teachers and administrators should strive to be inclusive with the district’s diverse student population, and should consider whether something they say or post online could be misconstrued.
“We’ve been doing culturally responsive training and diversity, equity and inclusion training for the last seven years,” Padalino said. “These are the standard tenets of the training, to make sure that we are — especially as educators and especially as leaders — conscious of what we say and how we say it, regardless of intention. A hallmark of the training is avoiding micro-aggressions and making sure that we are sensitive to our faculty, our staff, our students and our community.”
NORTHAMPTON, MA / ACCESSWIRE / November 15, 2022 / The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index (Index) - driven largely by the financial system and employers' support of individuals. However, a new U.S.-focused analysis of the Index, sponsored by Principal Financial Group® and conducted by the Centre for Economics and Business Research (Cebr), reveals an opportunity for employers to provide greater financial inclusion and support for their employees.
The Index ranks 42 global markets on three pillars of financial inclusion - government, financial system, and employer support - using data across public and survey-based sources. The analysis ranked the U.S. first out of the 42 markets in the financial system pillar and second within the employer support pillar, driven largely by its enablement of small and medium enterprise (SME) growth and success.
"U.S. employers are critical in helping their employees access the resources necessary to make well-informed financial decisions," said Chris Littlefield, president of Retirement and Income Solutions at Principal®. "We must recognize and appreciate the role employers play in fostering financial inclusion within our communities and, as an industry, continue to do everything we can to help more businesses support the financial needs of their employees, now and into the future."
Opportunity for more consistent employer support across industries
When analyzing U.S. employer data by industry, opportunities were identified to enable more access to financial resources such as guidance, insurance benefits, retirement contributions, and pay initiatives (i.e. method of payment, access to interest-free loans on salary, etc.).
Across six broad industry classifications within the U.S., professional sectors with typically higher wages (i.e. finance, insurance, real estate, and information management) were found to provide employees with more consistent support and tools to enable financial inclusion. This can generally be compared to industries such as retail and hospitality that often employ more informal workers and tend to have lower wages.
"The importance of this analysis is the insight it offers employers to know where they stand in comparison to their industry and to consider how they can best support their employees with access to savings, financial education, and financial well-being programs," Littlefield said. "We're focused on helping employers become more intentional with solutions to meet the needs of their employees, including underserved individuals and part-time workers, while also advocating for the use of auto features in plans to increase participation and contribution rates."
Broad U.S. Industry Classification | Employer support score1 | Provision of guidance and support2 | Employee pension/ retirement contributions3 | Employee insurance schemes4 | Employer pay initiatives5 |
Finance, Insurance, and Real Estate Services |
83.3 |
95.0 |
99.9 |
59.7 |
61.8 |
Information Management Services |
81.4 |
87.0 |
87.1 |
67.1 |
78.5 |
Construction |
65.5 |
90.9 |
36.7 |
89.0 |
74.2 |
Production - Inclusive of Agriculture, Manufacturing, Mining & Forestry, and Utilities |
56.4 |
59.6 |
57.9 |
69.5 |
37.1 |
Health and Education Services |
28.9 |
45.6 |
26.8 |
36.6 |
8.6 |
Other Services - Inclusive of Leisure & Hospitality, Management, Personal Services, Professional/Scientific/Technical Services, Retail Trade, Transportation, and Wholesale Trade |
8.1 |
0.0 |
13.9 |
4.8 |
8.1 |
Table 1: Employer support scores in the U.S. by sector from the 2022 Global Financial Inclusion Index
U.S. employers' support of financial inclusion is often associated with size
The Index uncovers a clear association between business size and the financial support employers provide to their employees. Specifically, large businesses score considerably higher than small businesses on the level of support they offer to the workforce via financial guidance, insurance, pension contributions, and pay initiatives, for example.
There are various reasons why large businesses can provide greater support than small businesses, who may lack dedicated resources and tend to overestimate the cost of benefits6. Small businesses could benefit from additional support in offering these solutions to their employees, whether from the government or through the financial services system at large.
"There's a need to better equip small businesses with the right information and tools to enable greater financial security for their employees," said Amy Friedrich, president of U.S. Insurance Solutions at Principal. "These businesses fight hard for top talent, and to retain that talent, have realized the importance of providing holistic benefits offerings. With greater education around benefits costs and the variety of offerings that exist, many are realizing they don't always have to cut benefits to reduce budgets7."
Employer Size | Employer support score | Provision of guidance and support | Employee pension/retirement contributions | Employee insurance schemes | Employer pay initiatives |
More than 1000 employees |
90.8 |
98.6 |
87.2 |
90.7 |
90.3 |
501-1000 employees |
86.5 |
96.8 |
82.9 |
82.0 |
88.0 |
101-500 employees |
70.4 |
84.2 |
49.9 |
90.1 |
78.0 |
11-100 employees |
65.4 |
64.4 |
81.5 |
58.3 |
41.1 |
2-10 employees |
4.0 |
0.0 |
9.9 |
0.0 |
0.0 |
Table 2: Employer support scores in the U.S. by business size from the 2022 Global Financial Inclusion Index
U.S. employers are critical drivers of financial inclusion
Despite inconsistencies, when compared to other markets in the Index, the U.S. generally earns high marks across the four underlying indicators measured within the employer pillar - providing employees guidance and support around retirement contributions (first overall), pay (fourth overall), insurance protection (fifth overall), and financial issues (sixth overall). These support pillars help increase employee access to the solutions they need to enable long-term financial security.
"As an organization with thousands of small to midsized businesses, we're focused on how we can further support employers with relevant financial education as well as meaningful tools and solutions to make a difference in the financial lives and futures of employees," said Friedrich. "Achieving financial inclusion will require the right balance between employer, financial, and government systems' support both in the U.S. and around the globe."
See the U.S. market results from the Global Financial Inclusion Index here.
To read the full report, please click here.
Learn more about the Global Financial Inclusion Index methodology here.
1Relates to the level of support employers provide their employees.
2Extent to which businesses/organizations support their employees in common financial practices.
3Existences and scope of pension contributions.
4Existence and scope of insurance provided by businesses/organizations.
5Existence and scope of pay initiatives provided by businesses/organizations to support employees with their finances.
6According to a Principal CC&G SMB Quantitative Internal Survey
7According to the Principal Financial Well-Being Index Wave 2 (July 2022)
About Principal Financial Group®
Principal Financial Group® (Nasdaq: PFG) is a global financial company with 19,000 employees1 passionate about improving the wealth and well-being of people and businesses. In business for more than 140 years, we're helping more than 55 million customers1 plan, protect, invest, and retire, while working to support the communities where we do business, and build a diverse, inclusive workforce. Principal® is proud to be recognized as one of America's 100 Most Sustainable Companies2, a member of the Bloomberg Gender Equality Index, and a Top 10 "Best Places to Work in Money Management3." Learn more about Principal and our commitment to building a better future at principal.com.
1 As of September 30, 2022
2 Barron's, 2022
3 Pensions & Investments, 2021
About Centre for Economics and Business Research (Cebr)
The Centre for Economics and Business Research is an independent consultancy with a reputation for sound business advice based on thorough and insightful research. Since 1992, Cebr has been at the forefront of business and public interest research, providing analysis, forecasts and strategic advice to major UK and multinational companies, financial institutions, government departments and agencies and trade bodies. For further information about Cebr please visit www.cebr.com.
© 2022 Principal Financial Services, Inc. Principal®, Principal Financial Group®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and services marks of Principal Financial Services, Inc., in various countries around the world.
The Global Financial Inclusion Index is a proprietary model output based upon certain assumptions that may change, are not guaranteed, and should not be relied upon as a significant basis for an investment decision.
Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.
View additional multimedia and more ESG storytelling from Principal Financial Group on 3blmedia.com.
Contact Info:
Spokesperson: Principal Financial Group
Website: https://www.principal.com/about-us/corporate-citizenship
Email: [email protected]
SOURCE: Principal Financial Group
The Board of Governors of McGill University is pleased to announce the appointment of Prof. H. Deep Saini as the University’s 18th Principal and Vice-Chancellor. He will begin his five-year, renewable term on April 1, 2023.
Prof. Saini was chosen by a unanimous vote of the Board of Governors, following a recommendation of an Advisory Committee formed to lead an extensive, international search.
Prof Saini grew up in India, where he completed his Master of Science (Honours) in Botany from Punjab Agricultural University in Ludhiana. He then moved to Australia to earn a PhD in Plant Physiology from the University of Adelaide. Currently President and Vice-Chancellor of Dalhousie University, he also served as President and Vice-Chancellor of the University of Canberra in Australia.
A trusted and respected leader whose Canadian experience includes working at four of the top 15 research-intensive universities of the country, Prof. Saini has a keen understanding of Quebec culture, having lived close to two decades in Montreal. He is fluent in four languages, including English and French. He held national and international governance and advisory roles, including on the Executive Committee of the U15 Group of Canadian Research Universities, and the Board of Directors of Universities Canada, where he currently serves as Vice-Chair and will begin his term as Chair in 2023.
“Prof. Saini brings to McGill an exceptional breadth and depth of leadership experience, from Dalhousie, several other research-intensive universities in Canada and abroad,” says Maryse Bertrand, Chair of McGill’s Board of Governors. “He exemplifies the rare mix of strong academic leadership with a wide-ranging and international perspective. He is the perfect choice for McGill as it embarks on its third century.”
“I am honoured and humbled to have been chosen as McGill’s next Principal and Vice-Chancellor,” says Prof. Saini. “Already a leader on the national and international stage, McGill is entering its third century poised to take its global impact even further. I am looking forward with great anticipation to returning to Montreal, joining this illustrious community, and making a bold contribution to the University’s most promising future.”
Prof. Saini’s distinguished career has earned him several awards and recognitions, including honours from the Canadian Society of Plant Physiologists, Nanjing University, the Royal Society of New South Wales, the Punjab Academy of Sciences, and the Indo-Canada Chamber of Commerce. He is also the recipient of the Queen Elizabeth II Platinum and Diamond Jubilee Medals, in recognition of his service to education and Canada.
The University extends a heartfelt thanks to the Chair of the Board for leading this process, the Chancellor and all other members of the Advisory Committee for their many months of hard work and dedication. “I am grateful to all members of the University community, both internally and externally, who participated in this process and provided valuable input,” says Board Chair Bertrand.
Ms. Bertrand also extends the Board’s gratitude to McGill Provost Christopher Manfredi for continuing in his role as Interim Principal and Vice-Chancellor until Principal-Designate Saini begins his term in April, “and for his commitment and leadership ensuring the sound administration of McGill University during this academic year.”
The principal of a Brooklyn middle school has ruined its once-proud reputation and should resign, parents and staffers told The Post.
Teachers at JHS 278 in Marine Park have taken two no-confidence votes against Kerri Moser since she arrived in 2019 and made numerous complaints to Department of Education higher-ups without success, insiders said.
“She’s still there terrorizing the community. The community is over it,” said William Mauras, who headed the Parent Association from 2019 through last spring and whose two older children attended the school.
Mauras said he will send his youngest child elsewhere.
The number of Marine Park students who met or exceeded state standards in math declined from 46% in 2019 to 33% in 2022 while English scores improved from 58% in 2019 to 62% in 2022, DOE data shows.
Educators are fleeing the school — which serves about 1,200 students in grades six to eight — rather than deal with Moser, who recently assigned teachers who don’t speak Spanish to teach Spanish classes, insiders said.
“You have gym teachers and social studies teachers teaching Spanish,” one educator said.
They also contend that she de-emphasized the school’s arts program, which included an award-winning band.
Moser stays in her office watching camera feeds from hallways on a giant television she purchased rather than walk the halls to restore order, and fighting has increased, insiders contend.
In another head-scratching move, Moser spent about $400,000 replacing fairly new furniture with new chairs that had wheels that did not lock, insiders said.
“What did the children do? They turned the chairs into bumper cars,” said a union official familiar with the school.
More than 1,000 people have signed a petition in the last two years to remove Moser.
“The thing she was able to do as principal is unite the staff in hatred toward her,” one educator said.
Moser and the DOE did not immediately return requests for comment.
Additional reporting by Susan Edelman
Bilingual teachers brought from the Dominican Republic to work in New York City public schools have been treated like indentured servants by educators acting as their slumlords, The Post has learned.
Bronx principal Emmanuel Polanco and a group of fellow Department of Education administrators have put nearly a dozen teachers recruited from the DR in an apparently illegal boarding house in The Bronx — and charge the instructors $1,450 each month for the privilege, multiple sources say.
Polanco and his associates threaten to say “adios” to anyone who doesn’t go along, several teachers told The Post.
“If you leave, you might get in trouble,” teacher Rafael De Paula, 39, said the recruits were warned. “You can leave, but if you go, you go back to the Dominican Republic.”
Several teachers who balked at the terms or insisted on finding their own housing — including one who wanted to live with his brother in NYC – were terminated and sent packing, their colleagues said. Others fear they may lose their J-1 visas, which allow foreigners to work or study in the US if they disobey.
“It’s a big embarrassment,” said a DOE insider informed of the lucrative scheme. “It also has the potential to damage the relationship between New York City and the DR if they don’t do right by these teachers.”
Since most of the newcomers lost their jobs in the DR when they joined the DOE program, they can’t afford to be expelled because they support families left behind.
“Right now, if I went back to the Dominican Republic, the only thing that I would find there, other than my family, is financial problems,” said Neylin Puello, 31, who teaches aviation at JHS 80 along with other recruits — where Polanco is their boss.
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Under city rules, a financial relationship between a superior and subordinate, including the leasing of property, is prohibited.
Polanco, 39, was quietly ousted from the Norwood middle school and “reassigned pending resolution of a personal matter,” District 10 Superintendent Maribel Torres-Hulla said in a Nov. 2 email to families.
The Special Commissioner of Investigation for city schools said it is “aware of, and looking into,” the matter.
The rentals are run by Polanco and a group of DOE administrators, the Association of Dominican-American Supervisors and Administrators, known as ADASA NY.
Polanco, described by the teachers as their main contact, is the past president and current first vice president. Treasurer Daniel Calcaño, a DOE administrator in the Bronx, collects the payments, they said.
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“There is no organization in our public schools that means more to me than ADASA,” Chancellor David Banks gushed at a September 15 press conference announcing the recruitment of 25 teachers to help with the influx of Spanish-speaking migrants. Echoing Mayor Adams’ mantra, he added, “ADASA gets stuff done.”
But a Post investigation found ADASA could be stuffing its pockets.
Ying Qing Li of Fox River Grove, Ill., bought the duplex in July for $810,000 as an investment, she said. Her agent, Elsa Ni, said the house was leased to ADASA, which pays $6,900 a month for both units. Ni understood the building would house teachers from the DR but said she had no idea how many would move in.
ADASA charges 10 teachers $1,450 a month, and one $1,300, each for single rooms, the teachers said. The $15,800 in rent collected would net a monthly profit of $8,900. Another Bronx building run by ADASA houses eight teachers, and a third is rented by three teachers, sources said.
Puello said he is charged $1,300 a month, not $1,450 like the others because his room is the smallest, furnished only with a full-sized bed, a dresser, and a wall-mounted TV.
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Four male teachers occupy the third floor of the building, sharing a kitchen and full bathroom. Seven female teachers rent rooms on the first floor and second floors. They also share a kitchen and bathroom, the tenants said.
Each rented room has door locks, they said. Housing lawyers and the city Department of Buildings said that would constitute a single-room occupancy, or SRO, which is illegal in NYC — and possibly dangerous in an emergency — unless previously approved. The building has no record of preexisting SRO units, said DOB spokesman Andrew Rudansky, adding that the agency will inspect the premises if it gets a complaint and possibly issue a vacate order.
The Dominican teachers said they get roughly $1,800 after taxes and other deductions in twice-monthly DOE paychecks. They are paid as substitutes — roughly $199.27 per day — pending NY state certification. Long-term subs may earn slightly more and get some sick or vacation days.
Several teachers who spoke to the Post fumed at the rental cost. “We know we can get it cheaper somewhere else,” Puello said. “I have to support myself and my family at home. I’m working for rent.”
The teachers were first assured they could bring their families, but “at the last minute,” were told to come alone for the first year or so. Puello said. Missing his five-year-old daughter’s birthday this month “was the hardest thing ever.”
DOE officials did not respond to a request for comment. Socorro Diaz, the director of English-language instruction in the Bronx and ADASA president, also did not reply.
A spokeswoman for the state Attorney General’s office said the “charitable organization” has failed to register or file the required financial records. The agency wrote to ADASA last week, asking it to comply.
Polanco refused to speak with a reporter.
Craig DiFolco, a spokesman for the principals’ union, CSA, had no comment on the rentals, but said of Polanco, “Our union will vigorously enforce his due process rights as well as defend him against any false or unsubstantiated allegations.”
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