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Investors Heritage Names Robert Hardy Chief Executive Officer; Raymond Carr, John Frye to Serve as Co-Presidents

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Harry Lee Waterfield II named Vice Chairman

FRANKFORT, Ky.–(BUSINESS WIRE)–Investors Heritage Life Insurance Company (“Investors Heritage”) today
announced that Executive Vice President and General Counsel Robert Hardy
has been named Chief Executive Officer, succeeding Harry Lee Waterfield
II, who will become Vice Chairman, effective June 1.

“It has been one of the great honors of my life to work beside the fine
people of Investors Heritage and ensure that our policyholders have
comfort and confidence when they need it most,” said Mr. Waterfield.
“The growth and success that we have achieved over the last several
months – building on our strengths as we launched new products, entered
new markets – have me shown me once again that we have exceptional
people in place who are more than capable of capitalizing on this
momentum.”

Mr. Waterfield is only the second CEO of Investors Heritage, a firm
founded and led by his father and former two-time Lieutenant Governor of
Kentucky, Harry Lee Waterfield.

“Harry Lee will continue to be a part of Investors Heritage,” said Rudy
Sahay, Chairman of Investors Heritage and Managing Partner of Aquarian
Holdings, which acquired Investors Heritage’s parent company in March
2018. “His commitment to the company and to Frankfort is a legacy of
unfailing service, integrity, and excellence – one that all of us who
are part of the Investors Heritage family will do our best to honor and
carry forward.”

Mr. Hardy joined Investors Heritage in 1987 and has had responsibility
for a number of the company’s operations, including corporate strategy,
legal, and regulatory affairs.

“Over the last four decades, I have had the privilege to work alongside
Rob and have seen up close the thoughtfulness, discipline, and rigor
that translate directly to value for our people and our policyholders,”
said Mr. Waterfield. “Our company has taken important steps forward and
Rob’s expertise, understanding of our business, and track record of
thoughtful stewardship make him the ideal choice to lead Investors
Heritage as we continue on that path.”

Added Mr. Hardy, “Harry Lee has consistently embodied what is best in
Investors Heritage. It is an honor to follow his lead and build on the
great legacy that he and my grandfather have established. I look forward
to working with the dedicated people at Investors Heritage and its wide
network of partners to further our track record of exceptional service
and excellence for our policyholders.”

In addition, Investors Heritage also announced Executive Vice President
and Chief Operating Officer Raymond Carr and John Frye of Aquarian
Holdings have been named Co-Presidents.

Mr. Carr joined Investors Heritage in 1972, serving in a number of
senior roles throughout the company. He previously served as Chief
Financial Officer and Vice President of Administrative Operations and
Computer Services. Mr. Frye, an operating partner at Aquarian Holdings,
previously served as Chief Strategy Officer at Advisors Excel, one of
the largest independent marketing organizations in the insurance
industry, and as Chief Financial Officer, Chief Investment Officer, and
Chief Risk Officer at Security Benefit Life Insurance Company of Topeka,
Kansas, a leading annuity underwriter. He spent 20 years as a financial
executive at General Electric, where he served as CFO for a number of
its businesses.

“With Raymond and John, Investors Heritage gets a highly credible,
effective team to work with Rob,” said Mr. Waterfield. “Raymond has
earned my trust and that of our partners many times over through his
decades of service in representing us. John’s breadth of experience in
insurance coupled with his knowledge of the annuity market and fresh
perspective will be critical for our long-term success as the company
continues to service our current markets, launch new products, and enter
new markets. The company could not ask for a better leadership team to
oversee our growth.”

Added Mr. Sahay, “We are grateful for Harry Lee’s 58 years of service
and have the utmost confidence in Rob, Raymond, and John’s ability to
shepherd the business through its next phase of growth. Together, we at
Investors Heritage look forward to building on our record of service and
our continuing commitment to the great Commonwealth of Kentucky.”

About Investors Heritage

Investors Heritage Life Insurance Company offers its policyholders a
wide range of insurance solutions backed by a track record of
exceptional service. Founded in 1960 and headquartered in Frankfort,
Kentucky, the company has a rich and growing tradition of providing
tools to help people build and manage their legacies as a leader in
preneed and final expense policies, and through its new retirement and
wealth management offerings. For more information, please visit investorsheritage.com.

Contacts

Media
Anthony Lacavaro
Aquarian
Holdings
alacavaro@aquarianlp.com
212.720.1015

Cannabis

Oppenheimer & Co. To Host 19th Annual Consumer Growth and E-Commerce Conference

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Oppenheimer & Co. Inc. (“Oppenheimer”) – a leading investment bank, wealth manager, and a subsidiary of Oppenheimer Holdings (NYSE: OPY) – will host its 19th Annual Consumer Growth and E-Commerce Conference on June 18-19 in Boston, MA. This year’s event features companies from prominent consumer brands such as Autozone, Domino’s Pizza, Express, Home Depot, Lowe’s, Six Flags Theme Parks, Tiffany & Company, Ulta, Walmart, Weight Watchers, and Yum Brands.

Of particular note, Oppenheimer is pleased to host nine of the market-leading companies involved with emerging trends in the Cannabis space this year. The event will also feature seven panel discussions, moderated by Oppenheimer Consumer Research Analysts, addressing emerging and disruptive trends in the consumer marketplace as follows:

  • Evolving Role of Technology in the Consumer Sector with Cooler Screens and Lindsay Goldberg LLC, moderated by Brian Nagel
  • A Discussion with Emerging Restaurant Brands with Aurify and B. Good, moderated by Brian Bittner
  • A Discussion on the Evolving US Food & Beverage Landscape with Lifeway, New Age Beverage, and United Natural Foods, moderated by Rupesh Parikh
  • Next Gen Brands Re-Shaping Landscape for Women’s Fashion with CARAA and Rothy’s, moderated by Brian Nagel
  • Exciting New Brands Shaking Up Home Products Space with Burkelman, LoveSac and Resident/Nectar, moderated by Brian Nagel
  • A Discussion on the Emerging CBD Landscape with Curaleaf and CV Sciences, moderated by Rupesh Parikh
  • Leveraging the Power of Digital to Connect with Consumers with Eight and FlexShopper, moderated by Brian Nagel

The conference features Oppenheimer’s Consumer Senior Research Analysts:

  • Brian Bittner, Managing Director Senior Analyst covering Restaurants
  • Brian Nagel, Managing Director and Senior Analyst covering Retail and E-Commerce
  • Rupesh Parikh, Managing Director and Senior Analyst covering Food, Grocery and Consumer Products
  • Ian Zaffino, Managing Director and Senior Analyst covering event-driven Special Situations

“Long-established business models are being upended by disruptive brands and technology, affecting consumer preferences and buying behaviors throughout the consumer industry. This year’s event aims to showcase the mix of market-leading and emerging companies driving and navigating these changes,” said Erica L. Moffett, Managing Director and Associate Director of Research at Oppenheimer. “From effortless payment methods to accelerated delivery times and customized products, consumers want a seamless experience. In order to succeed, companies must stay current on the evolving consumer and we are pleased to host a conference to explore this new landscape.”

Oppenheimer’s next conference will be the Montauk Emerging Life Sciences Summit, which will be held on June 26-28in Montauk, NY. The 22nd Annual Technology, Internet & Communications Conference will follow on August 6-7 in Boston, MA, followed by the Midwest Corporate Access Day in Chicago on August 15.

Oppenheimer & Co. Inc.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high-net-worth individuals, families, corporate executives, local governments, businesses and institutions.

SOURCE Oppenheimer & Co. Inc.

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Cannabis

iCAN: Israel-Cannabis CEO and Founder Saul Kaye to Participate at the World Cannabis Congress in Saint John, New Brunswick

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iCAN: Israel Cannabis Founder and CEO Saul Kaye will participate at the World Cannabis Conference being held in Saint John, New Brunswick, Canada from June 16-18, 2019.

Kaye, a leader in the global cannabis ecosystem will moderate a session entitled, “Innovative Methodologies and Emerging Topics in Global Cannabis Research.”  Panelists are Dr. Suzanne Sisley MD President and Principal Investigator, Scottsdale Research Institute and, Dr. Jerry King, R&D Consultant, CFS.  The session will take place at the Saint John Trade & Convention Centre on June 18.

The World Cannabis Congress (WCC) is an exclusive, invite-only event for international cannabis leaders, influencers and trend setters. The event will have hundreds of attendees from around the world from business, government and medicine.

In addition to his leadership of iCAN: Israel Cannabis, Kaye is an industry advisor to the Medical Cannabis Caucus of the Israeli Parliament, as well as an advisor to the Ministries of Economy and Health in Israel. He is a licensed pharmacist and a successful entrepreneur with both retail and e-commerce experience. Saul has founded multiple companies spanning six countries across the US, EuropeIsrael and Australia.

Canada has truly been a global trailblazer in the cannabis industry.  Canadian cannabis companies and its stock market are influential and forward looking and we in Israel, the R&D capital of cannabis, collaborate with our Canadian friends on many different levels.  I look forward to participating at the WCC as the medicine and business of cannabis develops at breathtaking speed both in Israel and beyond,” said Kaye.

 

SOURCE iCAN: Israel Cannabis

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Cannabis

Loyalist College to launch Canada’s first Technology Access Centre for natural products and cannabis

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Loyalist College is the recipient of a $1,750,000 Natural Sciences and Engineering Research Council of Canada (NSERC) College and Community Innovation (CCI) Program grant over five years to launch Canada’s first Technology Access Centre (TAC) for natural products and cannabis. In addition, Loyalist received $1Mthrough the Canada Foundation for Innovation’s (CFI) College-Industry Innovation Fund (CIIF) to add specialized equipment to the TAC.

Loyalist was one of 90 recipients at colleges, cégeps and polytechnics across the country to receive part of the $73M in funding, announced today by the Honourable Kirsty Duncan, Minister of Science and Sport, at Georgian College in Barrie, Ontario. Through the CCI Program and the CIIF, this investment will help post-secondary institutions partner directly with local employers to facilitate commercialization and transform the results of research and development into new technologies to help businesses expand and grow.

The rapid growth of Canada’s cannabis, hops and natural products sectors positions Loyalist’s Applied Research Centre for Natural Products and Medical Cannabis (ARC) as a national innovation hub for small- to medium-sized enterprises. As a TAC, Loyalist will build on the ARC’s 15 years of natural product extraction expertise and analysis-based applied research. In transitioning to a TAC, Loyalist’s ARC will significantly increase the College’s capacity to lead applied research of commercially relevant natural products and cannabis, and to support innovation by enhancing industries’ access to sector-relevant expertise and technology.

The TAC initiative will cultivate an environment for College-industry partnerships to thrive while providing students with unparalleled opportunities for work-integrated learning; investigating extraction, isolation, and formulation; and product development. In partnership with the Quinte Economic Development Commission (QEDC), Loyalist will support the Bay of Quinte’s burgeoning natural products and cannabis sectors to generate regional socioeconomic benefits, and to provide opportunities for a new generation of innovators. Loyalist will also offer companies across Canada a supportive, community-oriented platform from which to enhance their productivity, expand their reach and augment their competitiveness in the global market.

Quotes

“We are very grateful for NSERC’s continued support and proud to be Canada’s first TAC for natural products and cannabis. Loyalist currently has more than 25 companies interested in applied research, and as our ARC transitions into a TAC, we will be able to meet their requirements while significantly extending our network to help more companies to innovate. Our Biosciences and Cannabis Applied Science students will have the advantage of being involved in ground-breaking research that propels Canada forward as the world leader in cannabis and natural product developments.” – Dr. Ann Marie Vaughan, Loyalist College President & CEO

“It’s great to see this NSERC and CFI funding come through for Loyalist College’s launch of Canada’s first TAC for research in natural products and cannabis. Being able to conduct research in a state-of-the-art facility means that students working in the College’s ARC will be able to build up their expertise in product analysis; which can then be applied directly to commercial development. This is just the beginning of seeing a new series of natural products being designed, assessed, made and delivered from our region.” – Neil R. Ellis, Member of Parliament for Bay of Quinte

“I am so proud to see the innovation that is driving research and economic development in our rural community through Loyalist College’s ARC. Innovation is key to Rural Sustainability and this investment will ensure that we are training the next generation in the latest technological advances. I congratulate them on their NSERC and CFI grant, and wish them all the best of success.” – Mike Bossio, Member of Parliament for Hastings—Lennox and Addington

“The Quinte Economic Development Commission is proud to be a supporting partner with Loyalist College on this important initiative that is aligned with economic development opportunities and priorities in the region. The TAC will support industry research and innovation for companies in key industry sectors as well as helping students develop in-demand skills and experience. Congratulations to the team at Loyalist on launching this important project.” – Chris King, Chief Executive Officer, Quinte Economic Development Commission

 

SOURCE Loyalist College

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