PR Newswire | September 28, 2023
Today, Vernier Science Education, a leading provider of innovative science and STEM education solutions, announced a significant organizational shift that will chart the course for its mission and values for the foreseeable future. The company will evolve from partner-owned to being owned by a Perpetual Purpose Trust. This allows Vernier Science Education to ensure values-aligned ownership succession and uphold its core mission and values indefinitely, ensuring that its social and charitable objectives remain a priority in perpetuity, securing the futures of its valued employees, and reinvesting profits back into the business while sharing benefits with employees, customers, and communities alike.
The Perpetual Purpose Trust is a bold and innovative approach that aligns perfectly with Vernier's vision of serving educators, students, the STEM community, and communities at large. The decision to reevaluate and reimagine Vernier's ownership model and long-term commitment to its mission comes as John Wheeler, the CEO of Vernier Science Education, prepares to step back from day-to-day activities, ushering in a new era of innovation and purpose-driven sustainability for the company.
"Our decision to reevaluate our business and establish a Perpetual Purpose Trust stems from our unwavering commitment to STEM education and sustaining the values and principles that have defined Vernier for decades. This transformational shift will enable us to secure the future of our employees, reinvest in our business, and continue our mission of creating a STEM-literate society," said Wheeler. "I am honored to continue to guide our work during this transition, and I look forward to the remarkable achievements that lie ahead for Vernier Science Education."
Wheeler will remain in his position as CEO until a nationwide search identifies a replacement. He will continue to be active in Vernier Science Education providing guidance and leadership to the organization and supporting the new CEO.
The transition from partner-owned to Trust-owned will be funded by both gifting and purchase of shares from current Partners. Dave and Christine Vernier, the company's co-founders and key figures in its success, will remain actively engaged in the Vernier Science Education family, offering their invaluable insights and support as the company embarks on this exciting new chapter.
"Vernier Science Education has always been driven by a deep commitment to advancing STEM education. As we transition to a Perpetual Purpose Trust, we're reaffirming our dedication to our mission and values, and commitment to staying a local independent Oregon-based company for generations to come," said Dave Vernier. "Christine and I are excited to continue contributing to the Vernier family and witnessing the positive impact this strategic move will have on educators, students, and the STEM community. This is how we pay back the years of success our organization has had and give back to our community."
By establishing a Perpetual Purpose Trust, Vernier Science Education joins other socially-conscious organizations, foundations, and companies committed to long-term sustainability, fostering a sense of purpose that extends far into the future.
About Vernier Science Education
Vernier Science Education is a leading provider of innovative solutions for STEM (Science, Technology, Engineering, and Mathematics) education. For over four decades, Vernier has been dedicated to supporting educators and inspiring students to explore and understand the world of science. With a commitment to quality, Vernier's comprehensive range of data collection and analysis tools, along with its educational resources, empowers educators to facilitate engaging and hands-on learning experiences. To learn more, visit vernier.com.
Corporate Learning Systems
Business Wire | October 03, 2023
SkyHive®, the recognized leader in generative AI applications for companies and governments on their reskilling journey to build capable and future-proof workforces, today announced that its real-time labor market data is partnering with Fuse, the SaaS-based AI-powered learning experience and management (LXP/LMS) platform for workflow learning.
SkyHive ingests 24TB of raw data daily from over 180 countries, which spans job types, skills, salary, and labor economics. Using SkyHive’s data, Fuse can map customers’ skill gaps to learning opportunities to deliver more personalized experiences that allow organizations to reskill and help individuals achieve their desired career goals.
“We’re thrilled that Fuse will be taking advantage of SkyHive’s unique insights,” says SkyHive Founder and CEO Sean Hinton. “Both our companies are committed to reskilling, and Fuse getting this level of skills insights is a natural fit.”
Fuse is a recognized leader in learning and development transformation for businesses on a global scale, partnering with a diverse range of global brands, including Panasonic, Mazda, Avon, IHG, Dropbox, and others. Through its AI powered platform, it fosters a dynamic learning culture that encourages everyday learning moments, while seamlessly integrating learning, knowledge, and communication directly into the workflow. This integration allows organizations to enhance workforce capabilities, keeping teams consistently updated with the latest learning and knowledge, enabling them to complete tasks efficiently.
"By combining SkyHive's powerful skills platform with Fuse's expertise in learning, we are creating a comprehensive solution that transforms skills mapping, personalized learning, and career development,” says Steve Dineen, CEO of Fuse Universal. “This partnership enriches the learning experience, helps bridge skills gaps effectively, and provides our customers with a more data-driven approach to skills development and career advancement."
SkyHive is learning-platform agnostic and can integrate into platforms like Fuse that are interested in advanced, AI-driven learning experiences. Learn more about Fuse and SkyHive’s partnership during the October 3 webinar.
SkyHive is a Certified B Corporation and generative artificial intelligence software company that rapidly reskills companies and communities worldwide. SkyHive is recognized as a top AI innovator by Forbes, and a World Economic Forum Global Innovator.
Gartner named SkyHive a "Cool Vendor" in HCM and in its 2023 "Hype Cycle" reports for HR Technology, Talent Acquisition Technology, and Workforce Transformation.
Leading enterprises and innovative government organizations use SkyHive’s cloud-based applications, Human Capital Operating System™, and SkyHive’s Quantum Labor Analysis® to power the future of work at its most granular level: skills. In addition, SkyHive has been recognized by the World Economic Forum, GPAI, RAII, and others for leading efforts in ethical AI and its positive impact on labor economies worldwide. For more information, visit www.skyhive.ai.
Fuse started with fuseSchool, a charitable foundation started by Steve Dineen that empowers millions of learners around the globe by giving them access to a world-class education for free-anytime, anywhere. It currently has more than 10 million learners with a goal of 100 million in 2023.
PR Newswire | October 12, 2023
Venbrook Group, LLC ("Venbrook"), one of the largest independent insurance distribution and services firms in the U.S., today announced the formation of a national Higher Education division to bring a holistic approach to risk management solutions for K-12 schools, universities, faculty, staff, and students for all their insurance needs. The new division falls under Venbrook's Employee Benefits vertical, led by Alison Myers ("Myers"), Executive Vice President.
Venbrook's new Higher Ed division will tailor customized risk management solutions for campuses across the U.S., helping schools identify insurance needs and relieve staff from the complexity and administration of policy implementation. The new division brings together the expertise of Venbrook's risk management team for all lines of coverage for K-12, community colleges, and private and public universities nationally. The Division will also employ a fully integrated technology solution to assist with implementation, policy, and claims management, as well as providing an accessible member-facing portal focused on engagement and care management.
Assisting Myers is Mike Conway, long time industry veteran, who joins Venbrook as the new Head of Strategy & Business Development. Conway has more than 20 years of experience in student insurance and was part of the student insurance team at Aetna, as well as being part of Anthem's student division. Conway will focus on the strategic direction of the division and help grow the national footprint of the company's Higher Ed offering.
In my experience, one of the biggest challenges facing schools is reaching students to connect them to the right health, wellness and insurance programs they need, said Conway. We want to make health and wellness a priority, alongside school staff, so students reach their academic goal of graduation. And we want to make sure campuses and their staff's insurance needs aren't overlooked. This new program will bring a whole campus solution to schools and I couldn't be more thrilled to join Venbrook and bring this program to market.
"We are excited about the launch of our Higher Ed division and bringing Mike on board to grow our platform," said Myers. "The market is in need of a holistic approach to insurance for schools, students, and faculty. Our investments in infrastructure and the build out of our new technology platform will help alleviate the administrative burden for schools, while providing a seamless solution for students."
Venbrook Group, LLC is a holdings company with subsidiaries engaged in retail broking, wholesale broking, specialty programs, and claims services. Venbrook caters to a national client base across myriad industries with divergent needs. Venbrook's team of experts and industry specialists' partner with their clients to manage their risks, create security, promote growth and add value by delivering best-in-class insurance products and programs.