After nearly five years in limbo and millions of dollars wrapped in a stalled redevelopment, One Camelback has a new owner and a new trajectory. Kinella Capital, LLC led by Founder and CEO TK Stratton, has officially taken over the prominent office-to-residential conversion at Central Avenue and Camelback Road. With the acquisition, Kinella has begun stabilizing the property … [More]
Phoenix Adds Two Deputy City Managers, Completing Executive Leadership Team
Phoenix City Manager Ed Zuercher announced the appointment of Cynthia Aguilar and Frank McCune as Deputy City Managers, filling the final open positions on the City’s executive leadership team. "Cynthia and Frank bring decades of experience, proven leadership, and deep commitment to the City of Phoenix," said City Manager Ed Zuercher. "Their appointments strengthen our … [More]
Tempe Lands Global Headquarters as Industrial AI Co. Shifts Base to Arizona
Cognite, a global leader in Industrial AI, announced the official grand opening of its new global headquarters in Tempe, Arizona. The relocation from Oslo, Norway marks a milestone in the company's growth strategy and underscores its commitment to the North American market. The move will create more than 100 new jobs in the Phoenix area, bringing valuable employment … [More]
Arizona Appoints Experienced Health Administrator to Lead State Agency
Governor Katie Hobbs announced the appointment of Debbie Johnston to lead the Arizona Department of Health Services. For the past 21 years, she has worked for the Arizona Hospital and Healthcare Association, focusing on policy development and regulatory affairs. During her tenure at AzHHA, Debbie served on various public health boards and committees at the Arizona Department of … [More]
Mesa Air Group Completes Merger with Major Regional Airline
Republic Airways Holdings Inc. announced the successful completion of the merger between Republic Airways and Mesa Air Group, Inc. The transaction was announced on April 7, 2025 and approved by Mesa stockholders on November 17, 2025. Under the terms of the merger agreement, Republic stockholders now own approximately 88% of the combined company’s common stock and Mesa … [More]
Mesa Air Group to Merge with Major Regional Airline After Winning Shareholder Approval
Mesa Air Group, Inc. announced that shareholders approved all proposals presented at the Company’s special meeting of shareholders, including the proposal to adopt the agreement and plan of merger with Republic Airways Holdings Inc. Headquartered in Phoenix, Arizona, Mesa Air Group, Inc. is the holding company of Mesa Airlines, a regional air carrier providing scheduled … [More]
Historic $35M Gift Elevates ASU’s Supply Chain Program, Department Renamed
Arizona State University announced a historic $35 million gift from the National Association of State Procurement Officials to elevate the role of procurement and strengthen the Department of Supply Chain Management at the W. P. Carey School of Business, which will be renamed the NASPO Department of Supply Chain Management. The gift will support new initiatives, scholarships … [More]
Carvana Partners with Stanford Athletics
Carvana, an e-commerce platform for buying and selling cars online, announced a multi-year partnership with Stanford Athletics, the nation's all-time leader in NCAA team championships. As the Official Auto Retailer of Stanford Athletics, Carvana will bring its customer-first, tech-driven approach to the Cardinal campus, celebrating Stanford’s legacy of athletic tradition, … [More]
Honeywell Prepares to Spin Off Aerospace Segment, Names CEO
Honeywell announced the appointment of Jim Currier as President and Chief Executive Officer of Honeywell Aerospace, which will become an independent, publicly traded company following its planned spin-off expected to be completed in the second half of 2026. Honeywell also announced that Craig Arnold has been selected to serve as Chairman of the Honeywell Aerospace Board of … [More]
Phoenix Names Community and Economic Development Director
The City of Phoenix announced the appointment of Ryan Touhill as the new Community and Economic Development Director; Touhill brings nearly two decades of experience in local government and economic development, most recently serving as Director of Arlington Economic Development (AED) in Virginia. There, he led the creation and implementation of AED’s Strategic Plan for … [More]
327-Unit Wellness Living Community Breaks Ground at PV Mall
Life Time, a healthy lifestyle brand, and RED Development, broke ground on Life Time Living Paradise Valley. The new luxury residential project will be adjacent to the 92,000-square-foot Life Time Paradise Valley athletic country club, currently under construction and scheduled to open in the first half of 2026. Together, the Life Time development will bring the company's … [More]
Amkor Begins CEO Transition, Finalization Set for January
Amkor Technology, Inc., a leading provider of semiconductor packaging and test services, announced financial results for the third quarter ended September 30, 2025 and a chief executive officer succession plan. “Amkor delivered third quarter revenue of $1.99 billion, a 31% sequential increase, fueled by demand for Advanced packaging, which set a new revenue record,” said … [More]
ASU Med School Secures Preliminary Accreditation, $100M+ Naming Gift
Arizona State University's new medical school achieved two major milestones – receiving preliminary accreditation from the Liaison Committee on Medical Education (LCME) and a nine-figure naming gift, the second-largest in ASU's history. The school will be named the John Shufeldt School of Medicine and Medical Engineering and, with accreditation, can now begin recruiting its … [More]
$50M Gift Launches ASU Global Institute for the Future of Energy
Arizona State University announced the creation of the Global Institute for the Future of Energy, supported by a $50 million gift from Robert Zorich, managing partner of EnCap Investments and an alumnus of ASU's Thunderbird School of Global Management. The institute, a collaboration between Thunderbird and ASU's Global Futures Laboratory, will focus on energy education, … [More]
Phoenix–Taipei Startup Corridor Formed to Scale AI and Semiconductor Companies
Tesoro Venture Capital, an Arizona-based venture fund and accelerator focused on artificial intelligence and semiconductor innovation, and Startup Island TAIWAN (SIT), the national startup brand powered by Taiwan’s National Development Council, announced the signing of a Memorandum of Understanding to deepen collaboration between the U.S. and Taiwan in the rapidly expanding AI … [More]
National Wealth Manager Sets Secondary HQ in Tempe
Kestra Holdings, a leading wealth management company serving independent financial professionals and firms nationwide, announced the planned opening of a secondary headquarters in Tempe, Arizona. Kestra will maintain its primary headquarters in Austin, Texas, while its presence in Tempe will help accelerate its ability to scale operations and deliver even greater support to … [More]
Their Take: Diplomacy at the Local Level – How Cities Like Phoenix Shape Global Opportunity
When most people think of diplomacy, they picture world leaders gathered at summits or foreign ministers negotiating across long tables. But today, diplomacy is just as alive in our cities. Mayors and local leaders are at the front lines of international engagement, and the impact is both immediate and profound. For Phoenix, diplomacy and protocol are not abstract concepts. … [More]
Glendale Appoints New City Manager, Taps Gilbert for Talent
The Glendale City Council has appointed a longtime municipal leader with a successful history of steering community growth as its next city manager. Patrick Banger, currently the Gilbert town manager, will take on the role of the city’s chief executive officer, overseeing daily operations, implementing the policies of the city council and managing the city budget. “I’m proud … [More]
