Salt River Project announces new general manager/CEO
Salt River Project’s Board of Directors have selected Mike Hummel to succeed Mark B. Bonsall as the general manager and chief executive officer. He will lead day-to-day operations of the public power utility.
Hummel, 57, will assume responsibilities in May. He is currently SRP’s deputy general manager of resources and finance. Bonsall announced his intention to retire last year after working at SRP since 1977.
Hummel became SRP’s deputy general manager, resources and finance in March 2016. He was named associate general manager and chief power system executive in July 2011. He holds a master of business administration from Arizona State University and a bachelor of science degree in Electrical Engineering from the University of Arizona.
Realtors trying to block expansion of state sales tax
The Arizona Association of Realtors is trying to forever block state lawmakers from expanding the state sales tax.
An initiative launched March 9 proposes to constitutionally prohibit a sales tax from being imposed on services. Backers need at least 225,963 signatures by July 5 to put the issue on the November ballot.
With few minor exceptions, there is no such levy now. Instead, this would take that issue off the table even as lawmakers may have to look to expand the sales tax base, particularly as consumers move from purchasing tangible items to buying services online.
The initiative came as a surprise to House Speaker J.D. Mesnard.
“I’ve not been looking at taxing services in any reform I’ve been working on this session,” the Chandler Republican said. “I don’t know of other efforts to go down that road, either.”
Chandler’s Orbital ATK plans new heavy-lift rockets
Orbital ATK’s Chandler-based Launch Vehicle Division plans to build a heavy-lift rocket, akin to SpaceX’s Falcon Heavy rocket that recently made headlines.
Orbital currently manufactures small and medium commercial and defense rockets. Adding a heavy lifter will enable Orbital to compete in a new market that handles higher orbiting communications satellites, heavier spy satellites and, potentially, human missions to space.
When finished, Orbital’s rocket will carry national security satellites for the U.S. Air Force.
Isagenix to give $21,000 to Mexican Red Cross
Isagenix International, a global health and wellness company based in Gilbert, is matching PGA Tour star Jon Rahm’s $21,000 donation to the Mexican Red Cross.
Shortly before the WGC-Mexico Championship golf tournament, Rahm, who is sponsored by Isagenix, announced he would contribute $1,000 for every birdie and $3,000 for every eagle to the Mexican Red Cross to help those affected by the recent earthquakes in Mexico.
The company’s matching donation marks the second time Isagenix has contributed to the Mexican Red Cross. In 2017, it donated to the organization’s earthquake disaster fund.
In 2017, Isagenix contributed nearly $7 million in monetary and product donations to disaster relief and charitable groups supporting children and families.