Jan 12, 2024

Port of Seattle

Mohamed

The Port of Seattle Commission elected Hamdi Mohamed commission president for 2024. Commissioner Toshiko Hasegawa will serve as commission vice president, with commissioner Ryan Calkins serving as commission secretary. In November 2021, Mohamed made history as the first Somali woman elected to public office in Washington state and the first Black woman elected to the Port of Seattle Commission. She also holds the distinction of being the first Black woman to serve on any of the 75 ports in Washington. The port owns and operates Seattle-Tacoma International Airport, Fishermen's Terminal and public marinas. The port also owns two cruise ship terminals, a grain terminal, real estate assets, and marine cargo terminals through its partnership in the Northwest Seaport Alliance.

Bordeaux Wealth Advisors

Platt

Bordeaux Wealth Advisors, a boutique investment advisory and wealth management firm, promoted Phil Platt to managing partner. Platt currently serves as the firm's chief operating officer and is based in Bordeaux's Seattle office. Platt brings 20 years of experience leading the operations of wealth management, serving high-net-worth individuals and families. Bordeaux also has an office in Silicon Valley.

Adaptiva

Baker

Adaptiva announced that Anne Baker has returned to the company, where she previously served as vice president of product management and marketing, to now head marketing initiatives worldwide. As chief marketing officer, Baker will lead growth programs and drive market awareness for Adaptiva's autonomous endpoint management products. Baker has more than 25 years of technology marketing experience at high-growth companies. Prior to Adaptiva, she was head of worldwide partner programs at analytics and AI company Teradata, where she drove go-to-market activities with AWS, Google and Microsoft, as well as the hundreds of partners in the Teradata ecosystem. Baker also served as general manager of partner marketing at the AI-powered contract intelligence company Icertis. Adaptiva is headquartered in Kirkland, with offices in Chicago and London.

Laird Norton

Laird Norton Wealth Management and Wetherby Asset Management are rebranding as Laird Norton Wetherby, or LNW. LNW is a comprehensive wealth management firm, with offices in Seattle, San Francisco, New York, Los Angeles, Philadelphia and Sioux Falls, South Dakota. For more than five decades, LNW has served the interests of families and individuals. As both a registered investment advisor and trust company, LNW offers a full spectrum of specialized wealth planning, investment management and trust services. LNW is owned by its employees, as well as a majority stake by the Laird Norton Co., one of the longest-sustained family enterprises in the U.S.

Jan 11, 2024

Starbucks

Sievert

Mohan

Servitje

Starbucks Coffee Co. announced the election of Daniel Servitje, Neal Mohan and Mike Sievert to its board of directors. Servitje has been CEO of Grupo Bimbo since 1997 and chairman since 2013 of the global snack maker. He brings more than 20 years of global operations experience and insight into corporate business development. Mohan is CEO of YouTube. Before his appointment as CEO, Mohan served as the company's chief product officer, responsible for all YouTube products, user experience, and trust and safety. Sievert has been CEO, president and director of T-Mobile US since 2020. Under his leadership, T-Mobile has embarked on a multiyear growth strategy that is building out its 5G network.

AuthenticID

Alex Wong joined AuthenticID as vice president of product management. Wong is an industry veteran with over a decade of experience. He comes from Ping Identity, where he most recently served as a product leader for Ping's authorization portfolio. Prior to that, he steered product management at several industry leaders, including Early Warning and Symantec. Kirkland-based AuthenticID is a global leader in identity proofing and fraud prevention solutions.

TRInternational

Edmond's TRInternational, a chemical supplier since 1994, is rebranding as Catalynt Solutions. Megan Gluth-Bohan, the company's CEO and owner, announced the name change this week in addition to a new logo. As Catalynt heads into its 30th year in business, Gluth-Bohan says the new branding better reflects where the company is today. The new name combines the words “catalyst” and “talent.” Along with the rebrand, Catalynt acquired companies ChemBlend of America and American Chemie. Illinois-based ChemBlend's custom solutions capabilities and on-site lab services will expand Catalynt's offerings in formulating, manufacturing, testing, packaging and distribution. The specialty distribution expertise of Texas-based American Chemie, meanwhile, expands Catalynt's services in the personal care, cosmetics, cleaning, food, animal feed, nutraceuticals and lubricant industries.

Fennemore

Regional law firm Fennemore said it will combine with Seattle-based Savitt Bruce & Willey, effective Feb. 1. The combined firm will be referred to as Fennemore. James Savitt, the managing partner at Savitt Bruce & Willey, will continue as the office managing partner at Fennemore.

“Seattle's rapid ascent as a tech and industry epicenter makes it a natural focus for Fennemore's expansion,” said James Goodnow, CEO and managing partner of Fennemore, in a news release. “Renowned for their impressive litigation track record, the lawyers from Savitt Bruce & Willey will play a pivotal role in establishing and shaping the new Fennemore Seattle office.”

With this strategic combination, Fennemore's footprint expands to 17 offices across five states: Washington, California, Colorado, Nevada, and its founding state, Arizona. Fennemore's clients can be found in various industry sectors, including technology, business, real estate, and other areas that drive the economy.

Kidder Mathews

Frame

Kidder Mathews announced last week that its Bill Frame has been named a top CEO, among only three fellow honorees, by CEO Today magazine. The publication wrote, “Bill Frame has reshaped the landscape of the real estate sector. Bill has successfully navigated the company through various phases of growth, adapting effectively to the ever-changing market. His leadership has been crucial in cementing Kidder Mathews' position as a leading force in commercial real estate services.” KM says it's the first time a real estate executive has been so honored by the magazine. Frame joined the brokerage in 1993, then was promoted to his current post in 2020.

Avatar Financial Group

Weingart

Avatar Financial Group recently announced its hiring of Jeffrey Weingart, who becomes senior VP of originations. Avatar has its headquarters here, but the 20-year veteran Weingart will continue to work out of Boston. He makes the move from A10 Capital. Avatar president T.R. Hazelrigg IV said in a statement, “Jeffrey has developed a respectable track record during his long and diverse career in commercial real estate, particularly in terms of originating and structuring complex transactions, nurturing client relationships and driving significant loan volumes.”

C&W announces $15M in recent sales

Well north of Seattle, Cushman & Wakefield recently disclosed a pair of separate sales. Byron Rosen, Tim McKay, Dan Chhan, Matt Kemper and Sam Wayne represented the unnamed sellers in the two unrelated deals. First, in Sedro-Woolley, the 28-unit Nicholas Townhomes went for $7.5 million. The low-rise complex is west of downtown, near the junction of Highway 9 and Highway 20. Second, to the south in Arlington, the new 29-unit 6605 Apartments also sold for $7.5 million, or for about $454 per square foot (including commercial space), which C&W says is a record for that city. That property is a little northeast of the airport. The buyer was a California investor. Rosen said in a statement, “The sales of these two quality assets in Q4 in the vibrant Snohomish and Skagit counties reflects the increasing residential investor demand — across a variety of product — in the dynamic, growing northern Puget Sound market.”