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Domestic Air Travel and Digital Wallet Trends Drive U.S. Mobile Driver’s License Install Base to 143 Million by 2030

NEW YORK, April 16, 2025 /PRNewswire/ — According to global intelligence firm ABI Research, the total install base for the U.S. mobile driver’s license (mDL) market is expected to reach 143 million by 2030, up from 21.73 million in 2025. This growth is being driven by three key factors: the REAL ID-compliant requirement for domestic air travel, third-party digital wallet providers like Apple and Google offering their mDLs for free to U.S. states, and the growing trend of U.S. states adopting the EU model by creating an all-encompassing government credential digital wallet.

“Although a small and steady number of states are choosing to roll their mDL into an all-in-one state credential digital wallet, most states are deploying an mDL-only approach to their digital licenses. The only real difference is if the mDL can be used as a full alternative to a physical license or only for domestic air travel,” explains Ash Robinson, Research Analyst at ABI Research.

ABI Research forecasts that by the end of 2030, 40 U.S. states will have implemented mobile driver’s licenses independently or through third-party digital wallet providers. The adoption of mDLs in the US typically progresses through three stages: First, mDLs are tested in pilot phases, often in small-scale trials such as in a large town or small city. Second, once deployed, mDLs are initially used primarily for domestic flights, allowing for widespread adoption while undergoing testing for any overlooked issues from the pilot phase. And third, mDLs are fully integrated as alternatives to physical licenses, accepted by law enforcement and for age verification purposes.

According to Robinson, “Mobile driver’s licenses in the US will see a large rise in usage in 2030 compared to use in the present day, but they will not totally replace their physical counterparts as U.S. mDLs are derived in nature with a physical license being needed to act as the primary documentation for mDL activation. Currently, 60% of the US driving population use a mDL.”

Over the next 10 years, U.S. mDL innovators and implementers need to focus efforts and strategies across two key areas: creating a standardized ruleset for mobile driver’s license regulation like the REAL ID scheme for physical licenses and, secondly, expanding use cases and functionality to achieve a multi-purpose singular government digital wallet.

These findings are from ABI Research’s U.S. Mobile Driver’s Licenses: Market Trends, Adoption Rates, and Challenges report. This report is part of the company’s Citizen Digital Identity Research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com

 

Autoliv Receives 2025 Automotive News PACE Pilot Recognition

STOCKHOLM, April 16, 2025 /PRNewswire/ — Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), was named a 2025 Automotive News PACE Pilot Innovation to Watch at the awards ceremony on April 15, 2025, in Michigan, US. The recognition acknowledges post-pilot, pre-commercial innovations in the automotive and future mobility space.

Autoliv was recognized for The Bernoulli™ Airbag Module, which is a revolutionary passenger airbag system based on Bernoulli’s principle of fluid dynamics. This innovation allows for the inflation of larger airbags more efficiently, using a smaller single-stage inflator. It is designed to meet the needs of today’s cutting edge mobility solutions with roomier interiors and comfort seating. The Bernoulli Airbag Module addresses the challenge of inflating large airbags quickly and safely, reducing heat generation and development costs by over 30%. This advancement is crucial for enhancing vehicle safety and reducing the severity of injuries in crashes.

“We are thrilled to receive the PACE Pilot recognition for our Bernoulli Airbag Module,” said Fabien Dumont, Executive Vice President & Chief Technology Officer at Autoliv. “This acknowledgment underscores our commitment to innovation and safety. The PACE Pilot recognition will undoubtedly enhance the visibility and success of this groundbreaking technology, paving the way for safer and more efficient vehicles in the future, ultimately saving more lives.”

The 5th annual PACE Pilot program was presented by Automotive News. The competition was open to suppliers and startups that invented products, software/IT systems or processes and idea incubators that have the capacity to transform the automotive industry. The Automotive News PACE Pilot program is leading the way in distinguishing global emerging innovators.

Autoliv earned an Automotive News PACE Pilot recognition following an extensive review by an independent panel of judges including a comprehensive written application and a virtual pitch session. 

For full details on the Automotive News PACE program, visit www.autonews.com/awards/pace.

Inquiries: 
Media: media@autoliv.com
Emelie Ericson, Tel +46 70 957 81 35, Gabriella Etemad, Tel +46 70 612 64 24
Investors & Analysts: ir@autoliv.com
Anders Trapp, Tel +46 709 578 171, Henrik Kaar, Tel +46 709 578 114

About Autoliv

Autoliv, Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the worldwide leader in automotive safety systems. Through our group companies, we develop, manufacture and market protective systems, such as airbags, seatbelts, and steering wheels for all major automotive manufacturers in the world, as well as mobility safety solutions, such as commercial vehicles and electrical safety solutions. At Autoliv, we challenge and re-define the standards of mobility safety to sustainably deliver leading solutions. In 2024, our products saved approximately 37,000 lives and reduced around 600,000 injuries.

We have operations in 25 countries, and we drive innovation, research, and development at our 13 technical centers. Our 65,000 employees are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. Sales in 2024 amounted to $10.4 billion. For more information go to www.autoliv.com.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-receives-2025-automotive-news-pace-pilot-recognition,c4136860

The following files are available for download:

 

Autoliv: Financial Report January – March 2025

STOCKHOLM, April 16, 2025 /PRNewswire/ — (NYSE: ALV) (SSE: ALIV.sdb)

Q1 2025: Good sales and execution of cost reduction programs

Financial highlights Q1 2025

$2,578 million net sales 
1.4% net sales decrease
2.2% organic sales growth*
9.9% operating margin
9.9% adjusted operating margin*
$2.14 diluted EPS, 41% increase
$2.15 adjusted diluted EPS*, 37% increase

Full year 2025 guidance

Around 2% organic sales growth
Around 3% negative FX effect on net sales
Around 10-10.5% adjusted operating margin
Around $1.2 billion operating cash flow

All change figures in this release compare to the same period of the previous year except when stated otherwise.

Key business developments in the first quarter of 2025

  • First quarter sales increased organically* by 2.2%, which was 2.6pp higher than the global LVP decrease of 0.4% (S&P Global March 2025). A strong LVP in March resulted in a stronger than expected global LVP in the quarter. Regional and customer LVP mix is estimated to have contributed to about 3pp underperformance. Compared to March S&P Global LVP data, we outperformed Europe, Americas and in Asia excl. China, mainly due to product launches and positive pricing. Our sales to domestic Chinese OEMs grew by 19%, in line with their LVP growth. As lower content vehicles in China outgrew higher content vehicles, we underperformed in China overall. We expect that our record number of new launches will significantly improve our relative sales performance in China in 2025.
  • Profitability improved, mainly due to organic sales growth and successful execution of cost reductions. Total headcount decreased by 6%. Impacts from the U.S. tariffs and counter tariffs in Q1 had a negligible impact on operating profit in the quarter as we managed to pass on the costs of tariff increases to our customers. Operating income was $254 million and adjusted operating income* was $255 million. Operating margin and adjusted operating margin* were both 9.9%.ROCE and adjusted ROCE* were both 25.6%.
  • Free operating cash flow* was in line with last year, despite that operating cash flow was slightly lower than last year. A larger working capital build up reflecting higher sales at the end of the quarter was offset by lower capex, net. The leverage ratio* of 1.3x is within our target range. In the quarter, a dividend of $0.70 per share was paid and 0.5 million shares were repurchased and retired.

*For non-U.S. GAAP measures see enclosed reconciliation tables.

Key Figures

(Dollars in millions, except per share data)

Q1 2025

Q1 2024

Change

Net sales

$2,578

$2,615

(1.4) %

Operating income

254

194

31 %

Adjusted operating income1)

255

199

28 %

Operating margin

9.9 %

7.4 %

2.4pp

Adjusted operating margin1)

9.9 %

7.6 %

2.3pp

Earnings per share – diluted

2.14

1.52

41 %

Adjusted earnings per share – diluted1)

2.15

1.58

37 %

Operating cash flow

77

122

(37) %

Return on capital employed2)

25.6 %

19.7 %

5.9pp

Adjusted return on capital employed1,2)

25.6 %

20.2 %

5.4pp

1) Excluding effects from capacity alignments and antitrust related matters. Non-U.S. GAAP measure, see reconciliation table.
2) Annualized operating income and income from equity method investments, relative to average capital employed.

Comments from Mikael Bratt, President & CEO

“I am pleased that we delivered good sales and profitability in the first quarter. Thanks to our adaptability and resilience, driven by our diverse product portfolio and strong customer relationships, we successfully navigated through the first month of North American tariffs. It is encouraging that we, based on LVP data from March, outperformed global LVP despite continued significant headwinds from LVP mix shifts, particularly in China. Based on a record high number of new launches we look forward to a significantly improved sales performance in China in 2025. 

Our strong profitability improvement was a result of well executed operational and commercial efforts. Our structural cost reduction program continued to generate indirect work force reductions, and direct headcount was also reduced significantly although sales grew organically. Results were also supported by reaching Q1 customer compensation agreements for increased costs related to inflation and tariffs. Our continued repurchase of shares also supported a record first quarter EPS. 

After the slow end to 2024, OEM sourcing of safety products for future car models picked up in the first quarter, despite the geopolitical uncertainty.

Our navigation of the new tariff environment in the first quarter gives us confidence that it is possible to continue on that course when facing increasing or changing tariffs, although there is significant uncertainty. We continue to closely monitor and evaluate the situation, focusing on being adaptive and agile, and we consider our regionalized footprint to be a valuable source for flexibility in a challenging geopolitical environment.

The current geopolitical and business environment uncertainties makes it difficult to predict 2025. However, based on the strong first quarter performance and encouraging near term call-off indications, we reiterate our 2025 guidance of an organic sales growth of around 2% and an adjusted operating margin of around 10-10.5%.

Our strong balance sheet and cash conversion set a solid foundation for our commitment to high shareholder returns. I am looking forward to our Capital Markets Day, on June 4, 2025.

Next Report

Autoliv intends to publish the quarterly earnings report for the second quarter of 2025 on Friday, July 18, 2025.

Inquiries: Investors and Analysts

Anders Trapp
Vice President Investor Relations
Tel +46 (0)8 5872 0671

Henrik Kaar
Director Investor Relations
Tel +46 (0)8 5872 0614

Inquiries: Media

Gabriella Etemad
Senior Vice President Communications
Tel +46 (0)70 612 6424

Autoliv, Inc. is obliged to make this information public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the VP of Investor Relations set out above, at 12.00 CET on April 16, 2025.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/financial-report-january—march-2025,c4136887

The following files are available for download:

 

Gorilla Technology Files Lawsuit to Confront False Allegations and Protect Shareholders


London, United Kingdom – Newsfile Corp. – April 16, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), today filed suit against Culper Research (“Culper”) and its founder, Christian Lamarco, for making false, misleading and defamatory statements in its short report on the Company dated 4 April 2025. Gorilla is seeking compensatory and punitive damages from Culper and Mr. Lamarco. The Company today issued the following statement:

Gorilla Technology has always operated to the highest standards of integrity and professionalism. We will not tolerate false statements that harm our business or mislead our stakeholders. This legal action is a firm statement of our commitment to defend the truth, protect our reputation and ensure that bad actors are held accountable.

Culper’s false and misleading statements have caused significant harm to Gorilla, including artificially depressing the price of Gorilla’s stock and damaging Gorilla’s reputation. The report made baseless and malicious accusations regarding Gorilla’s business, products and strategic partners, in what appears to be a coordinated attempt to mislead the public and manipulate Gorilla’s share price-all for its own profit.

Culper’s report goes beyond any market distortion or disinformation efforts we have observed; it was especially brazen and nefarious. By filing this lawsuit, we are making it clear that Gorilla will not remain silent in the face of defamatory attacks, and we will vigorously defend the credibility of our products, our people and our partners.

About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

The issuer is solely responsible for the content of this announcement.

LINKIN PARK TO ROCK THE UEFA CHAMPIONS LEAGUE FINAL KICK OFF SHOW PRESENTED BY PEPSI®

  • Pepsi reveals the iconic global superstars will headline the UCL final’s unmissable annual ‘Kick Off Show’
  • LINKIN PARK has composed and recorded an electrifying new remix which blends their signature sound with the culture of European football
  • The signature track features in a short film to mark the announcement

PURCHASE, New York, April 16, 2025 /PRNewswire/ —

#PepsiKickOffShow

Pepsi® and UC3 are excited to announce that LINKIN PARK will headline the UEFA Champions League Final Kick Off Show presented by Pepsi on May 31st at the Munich Football Arena. Pepsi and UEFA will once again mark the final with its eagerly anticipated curtain raiser, with the event set to be an unforgettable experience just minutes ahead of the match.

 

 

LINKIN PARK recently made a triumphant return to the spotlight with the release of FROM ZERO, their first new music in seven years. The album hit the top of the charts across the globe and features #1 smashes “Heavy Is The Crown” and “The Emptiness Machine,” which surged as the biggest rock song of 2024 with over 250 million streams. Notably, as reported by Billboard, LINKIN PARK was the one-and-only rock band to cross over 2 Billion yearly streams in 2024. The momentum continues this year with their ferocious new single “Up From The Bottom,” taken from their upcoming From Zero (Deluxe Edition), releasing on May 16. Meanwhile, the band continues their massive From Zero World Tour, picking up next in Austin, TX on April 26, winding their way across sold-out stadiums in Europe for the summer, and culminating in South America this fall.

Now, for 2025, LINKIN PARK is taking its brand-new era to new heights, by revealing that they will be taking the stage at this year’s UEFA Champions League Final Kick Off Show presented by Pepsi, with a setlist representing the best of their legacy, past and present.

To announce this iconic collaboration, LINKIN PARK has composed and recorded an electrifying new remix which features in a short film to mark the announcement. The featured track blends the band’s iconic sound with the culture of European football, incorporating the immediately recognisable riffs of their 4X Platinum hit “Numb,” with sounds inspired by UEFA Champions League football – the strike of leather, the whistle of a free kick, the sounds of the most passionate fans in the world. The film goes on to deliver an emotionally charged performance of the new bespoke track, together with high-octane UEFA Champions League football footage, paying homage to the way the UEFA Champions League Final Kick-Off Show presented by Pepsi clashes football and entertainment together to create one night of epic entertainment.

LINKIN PARK commented: “With our new album and ongoing tour, we’ve been overwhelmed by the fans’ energy and excitement. We can’t wait to share that same energy and excitement at the UEFA Champions League Final Kick Off Show presented by Pepsi. This marks a totally new experience for us as a band, and we’re excited to share some of our favourite songs from the past and present, with the thousands in the crowd and millions watching around the world.”

Eric Melis, VP of Global Brand Marketing – Pepsi at PepsiCo, added: “We are proud to announce that one of the most influential rock bands of the 21st century will be headlining this year’s UEFA Champions League Final Kick Off Show presented by Pepsi. This marks our ninth year bringing together millions of viewers from around the world, with LINKIN PARK sure to put on a show like no other, live from the Munich Football Arena in Germany. We’re delighted to be working with a group of artists who live by our ‘Thirsty For More’ philosophy, reflecting the same spirit of innovation and boldness that Pepsi embodies – and we can’t wait to see how fans react to this unmissable show.”

Guy-Laurent Epstein, Co-Managing Director, UC3, said: “This year’s UEFA Champions League Final Kick Off Show presented by Pepsi promises to be a spectacular moment, with one of the world’s most iconic rock bands performing live just minutes before the biggest match in European club football. Together with Pepsi, we’re proud to continue enhancing the fan experience – both in the stadium and for millions watching around the world – with unforgettable entertainment on and off the pitch.”

Once more, Pepsi and UEFA have marked the UEFA Champions League final with a momentous music performance showcasing the world’s most iconic artists and uniting football and music fans through one compelling entertainment spectacle. The UEFA Champions League Final Kick Off Show presented by Pepsi will be aired all around the world and territories globally, just minutes before the stand-out fixture of the club football calendar commences and is the embodiment of Pepsi’s ‘Thirsty For More’ global platform.

Fans can tune in to watch the Kick Off Show via their local broadcaster and through the official UEFA YouTube channel. Fans are encouraged to stay in-the-know by following Pepsi on Instagram, X (formally Twitter), and Facebook.

#PEPSIKICKOFFSHOW

Video – https://www.youtube.com/watch?v=w8PZe0EnNhM

 

LINKIN PARK TO ROCK THE UEFA CHAMPIONS LEAGUE FINAL KICK OFF SHOW PRESENTED BY PEPSI®
LINKIN PARK TO ROCK THE UEFA CHAMPIONS LEAGUE FINAL KICK OFF SHOW PRESENTED BY PEPSI®

 

 

Ethiopian Prime Minister Visits TOYO Facility in Vietnam, Strengthening Strategic Collaboration in Renewable Energy

TOKYO, April 16, 2025 /PRNewswire/ — TOYO Co., Ltd (Nasdaq: TOYO) (OTC: TOYWF) (“TOYO” or the “Company”), a solar solution company, was honoured to host His Excellency Abiy Ahmed Ali, Prime Minister of Ethiopia, at its state-of-the-art solar cell production facility in Phu Tho Province on the morning of April 15, 2025. The Prime Minister was accompanied by a high-ranking ministerial delegation and Mr. Nguyen Manh Son, Vice Governor of Phu Tho Province. Representing TOYO’s parent company, Abalance Group, Mr. Lewis Cai, Executive Vice President, warmly welcomed the delegation.

During the visit, Prime Minister Abiy Ahmed toured TOYO’s cutting-edge intelligent solar cell production line and commended the company’s achievements in technological innovation and its extensive global footprint in the photovoltaic sector. The Prime Minister emphasized the critical role of renewable energy in Ethiopia’s energy transition and expressed strong support for accelerating the second-phase expansion of TOYO’s solar cell production facility in Ethiopia.

TOYO is currently expanding its Ethiopian facility in Hawassa from an existing 2 GW capacity to 4 GW. This expansion is poised to meet growing global demand for high-performance solar cells and aligns with Ethiopia’s commitment to sustainable energy development. The project is scheduled for completion by July 2025, with production expected to commence by August 2025.

Prime Minister Abiy Ahmed also extended an invitation to Abalance Group to deepen its involvement in Ethiopia’s renewable energy sector by participating in the development of photovoltaic power plants. This initiative aims to enhance strategic cooperation between Ethiopia and TOYO, foster large-scale adoption of clean energy technologies, and advance Ethiopia’s national green energy goals.

“TOYO remains dedicated to advancing clean energy solutions worldwide by delivering innovative solutions and establishing a robust supply chain that supports renewable energy adoption worldwide. Our partnership with Ethiopia underscores our commitment to sustainability and growth, leveraging advanced research, cutting-edge technology, and industrial expertise,” said Mr. Junsei Ryu, Chairman and CEO of the Company.

About TOYO Co., Ltd.

TOYO is a solar solutions company that is committed to becoming a full-service solar solutions provider in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include but are not limited to, statements regarding the expected growth of TOYO, the expected order delivery of TOYO products, TOYO’s construction plan for new facilities and anticipated commencement of production. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of TOYO’s management and are not predictions of actual performance.

These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although TOYO believes that it has a reasonable basis for each forward-looking statement contained in this press release, TOYO caution you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. In addition, there are risks and uncertainties described in the documents filed by TOYO from time to time with the SEC. These filings may identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements.

TOYO cannot assure you that the forward-looking statements in this press release will prove to be accurate. These forward-looking statements are subject to several risks and uncertainties, including, among others, the outcome of any potential litigation, government or regulatory proceedings, the sales performance of TOYO, and other risks and uncertainties, including but not limited to those included under the heading “Risk Factors” of the filings of TOYO with the SEC. There may be additional risks that TOYO does not presently know or that TOYO currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In light of the significant uncertainties in these forward-looking statements, nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. The forward-looking statements in this press release represent the views of TOYO as of the date of this press release. Subsequent events and developments may cause those views to change. However, while TOYO may update these forward-looking statements in the future, there is no current intention to do so except to the extent required by applicable law. You should, therefore, not rely on these forward-looking statements as representing the views of TOYO as of any date subsequent to the date of this press release. Except as may be required by law, TOYO does not undertake any duty to update these forward-looking statements.

Contact Information:

For TOYO Co., Ltd.
IR@toyo-solar.com 

Crocker Coulson
Email: crocker.coulson@aummedia.org
Tel: (646) 652-7185

MediaGo Wins Gold for Native Advertising Platform/Network of the Year at 2025 US Native Advertising Awards

SAN FRANCISCO, April 16, 2025 /PRNewswire/ — MediaGo has been awarded the Gold prize for “Native Advertising Platform/Network of the Year” at the 2025 US Native Advertising Awards, recognizing its exceptional technology and innovation.

MediaGo Wins Gold for Native Advertising Platform/Network of the Year at 2025 US Native Advertising Awards
MediaGo Wins Gold for Native Advertising Platform/Network of the Year at 2025 US Native Advertising Awards

The Native Advertising Awards, presented by the Native Advertising Institute, celebrate the world’s most innovative and effective native advertising campaigns and recognize industry leaders across various categories, including organization, strategy, channel, and format. This year, the award has set up an US edition as part of the global Native Advertising Awards.

MediaGo, a leading performance-driven intelligent advertising platform on the open web, is revolutionizing advertising industry through deep learning, delivering tangible marketing value to global businesses. MediaGo’s five deep learning models, covering the full marketing funnel, enable intelligent prediction from initial attention to final conversion, optimizing advertiser performance at every stage.

This effective application of deep learning provides MediaGo with a significant advantage in native advertising, allowing it to better understand and predict behavior, seamlessly integrate ad content into the user’s experience, and significantly improve click-through rates, conversion rates, and user experiences. This Gold award is a strong testament to MediaGo’s technological capabilities and industry impact.

“We are honored to be recognized by the US Native Advertising Awards,” said Peter Jinfeng Pan, Head of MediaGo for the Americas. “This award affirms our team’s years of dedication to native advertising and motivates us to further invest in cutting-edge technologies like deep learning. We’re committed to enhancing our platform to provide global advertisers with smarter, more efficient native advertising solutions, empowering their success in the global market.”

Heidrick & Struggles Announces Promotions of Partners Across Executive Search and Heidrick Consulting

The promotions span 10 cities across seven countries as the firm continues to focus on accelerating growth and transforming its business

CHICAGO, April 16, 2025 /PRNewswire/ — Heidrick & Struggles (Nasdaq: HSII), a leading provider of global leadership and talent solutions, today announced the promotions of 17 Partners, effective January 1, 2025, in its Executive Search and Heidrick Consulting businesses. These leaders are based in 10 cities in seven countries globally.

“Our success is built upon our ability to nurture and elevate great leaders. We could not be happier to promote this group of leaders who are deeply committed to our clients and the future of this firm,” said Heidrick & Struggles CEO Tom Monahan. “The scope and pace of change today is unlike anything we’ve seen before. As we continue to transform our business to both meet and exceed the moment, the leadership and expertise of these new Partners will be invaluable in driving client outcomes.”

The individuals promoted to Partner, including their Practice and city, are:

  • Suhas Anand, Heidrick Consulting (Dubai)
  • Eliza Clemens, Technology Officers (New York City)
  • Caitlin FitzGerald, Consumer Markets (New York City)
  • Jerry Gorss, Industrial (Boston)
  • Antoine Honoré, Heidrick Consulting (Dubai)
  • Suvi Kitchloo, Industrial (Dubai)
  • Francesa Michel, Global Technology & Services (Washington, DC)
  • Neha Mohunta, Heidrick Consulting (Dubai)
  • Adrian Nagy, Global Technology & Services (Copenhagen)
  • Francois-Xavier Ragot, Financial Services (Brussels)
  • James Raley, Financial Services (Dubai)
  • Rasmus Riisgaard, Financial Services (Copenhagen)
  • Tommy Snyder, Industrial (Chicago)
  • Matti Takala, Industrial (Helsinki)
  • Fabian Tan, Industrial (Singapore)
  • Haven Thompson, Global Technology & Services (New York City)
  • Luke Weaver, Financial Services (Toronto)

About Heidrick & Struggles
Heidrick & Struggles (Nasdaq: HSII) is the world’s foremost advisor on executive leadership, driving superior client performance through premier human capital leadership advisory services. For more than 70 years, we’ve delivered value for our clients by leveraging unrivaled expertise to help organizations discover and enable outstanding leaders and teams. Learn more at www.heidrick.com.

Media Contact
Bianca Wilson 
Global Director, Public Relations
Heidrick & Struggles
bwilson@heidrick.com