Una Muy Bonita Lead Sheet
Edelmar Easley
Chair Charles Streeter called the meeting to order at 11:35 a.m. He welcomed Steve Farmer, Vice Provost for Enrollment and Undergraduate Admissions. Farmer noted his work on Thrive@UNC and that he had met the Chair at a recent meeting of the Faculty Council on this topic. Farmer said that Thrive grew out of an initiative from Chancellor Thorp and the Board of Trustees to think about what kind of University UNC-Chapel Hill desired to be in the future. He said that the report resulting had gone on the shelf but had recently been revived. He saw the Thrive@UNC project as something that friends can do together that he hoped would become a movement and an attitude.
Thrive@UNC is the idea that all students are worthy, have a right to be here, and thus deserve adequate levels of support. Farmer had carried this general idea to different school and deans, receiving endorsements from all over campus as well as from the Faculty Council on December 15, 2016. He said that other groups have also endorsed the project such as Workplace Strategy, Equity and Engagement and Diversity and Multicultural Affairs. He hoped that the Employee Forum could be added to this list of endorsees.
Phillip Edwards said that the founding principles could be broader to include staff interests in the community appeal. Farmer said that he was with Edwards, noting that the University needs Thrive for faculty and staff meaning. Kelli Raker said that faculty and staff measurements of helping students seem to overemphasize graduation rates. She noted that some students need time away from college as part of their personal growth. Farmer said that graduation rates are the coin of the realm in academic discussions. He said that the rates are a meaningful basis for public policy discussions, along with tuition costs and good and bad debt for students.
Bryan Andregg offered his support for a resolution of support, but was not particularly certain how Thrive works. Farmer appreciated the feedback. The Chair said that Finance & Administration is working to define student success. He noted general difficulties in measuring success in this area. Farmer thanked the committee for the opportunity to speak. He welcomed any advice or criticism and pledged to keep the Forum informed of progress.
The Chair said that las week he had not yet received an e-mail from Matt Fajack regarding Carolina Services. He planned to call his office soon to ask about the prospect of a presentation on this subject at a future Forum meeting. He noted possible difficulties with central staff understanding departmental needs and site-specific software. Bryan Andregg noted concerns that the initiative will reduce staff. He asked how the University will measure success in this area.
Kewana Smith asked about obtaining a leave donation form for James Holman. Matt Banks said that he would forward this form onto the listserv. Natiaya Neal asked if the Chair wished to include Green Events organizers as a future speaker. He would reach out to this group to speak in February if they are available.
Kelli Raker asked about having Human Resources leaders discuss life after the seemingly inevitable dissolution of the Affordable Care Act (Obamacare). The Chair said that much depends on the course Congress eventually takes. Raker noted the general level of anxiety among staff. The Chair said that he would bring up the issue at the Staff Assembly meeting in February. He noted that changes to the ACA could affect employee premiums, making the issue a question of interest for the Forum. Natiaya Neal noted concerns about employees being disqualified for coverage due to pre-existing conditions. The Chair proposed to invite UNC Professor of Social Medicine Jonathan Oberlander to discuss possibilities surrounding the ACA at a future meeting, perhaps in March. The Chair said that Chuck Stone of SEANC could possibly give some background from the State government point of view, but Stone has retired.
The committee discussed including a resolution of support for Thrive@UNC in the consent agenda of an upcoming meeting. Phillip Edwards suggested that including some type of background for the award similar to the Rebecca Clarke information sheet would be useful. Lori Haight commented that she liked the Thrive verbiage and the focus on student success. The Chair said that including how faculty and staff will participate in this initiative is also important.
Phillip Edwards said that a resolution endorsing Thrive would not normally go on a consent agenda, which is reserved for routine business. He suggested perhaps using the committee report section for this task.
Kelli Raker said that the Communications and Public Relations committee sought some guidance on whether to commission another social media class this year. Natiaya Neal commented that Instagram and Snapchat courses are of interest to staff. Kewana Smith said that these platforms are of interest to students as well. Raker said that she would put the question in an upcoming issue of InTouch. The committee will also work on recruitment of new delegates in its next InTouch issue.
Kathy James said that the schedule for delegate nominations is now in place, with a February call for nominees, March contact with nominees, April elections and orientation for new delegates, first meeting in May, June officer elections and July retreat to come. She said the committee will try to post fliers in Facilities Services areas encouraging employees to run.
The Chair encouraged delegates to nominate their colleagues on the Forum for the various University awards now open. He noted that Chair Emeritus Jackie Overton won the Advancement of Women Award last year. He hoped that delegates would nominate their colleagues this year also.
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Welcome to the Amyris fourth quarter 2021 financial results conference call. This call is being webcast live on the events page of the investors section of the Amyris website at amyris.com. As a reminder, today's call is being recorded. You may listen to a webcast replay of this call by going to the Investors section of the Amyris website.
Good morning, and thank you for joining us today. With me is John Melo, president and chief executive officer. This morning, John will provide a business update, and I will review our financial results for the quarter and full year. Please note that on this call, you will hear discussions of non-GAAP financial measures, including but not limited to, core consumer and technology access sales revenue, gross margin, cash operating expense and adjusted EBITDA.
Reconciliations of these non-GAAP measures to the most directly comparable GAAP financial measures are contained in the financial summary section slides of the accompanying presentation or the press release distributed today, which is available on our website. The current report on Form 8-K furnished with respect to our press release is also available on our website as well as on the SEC's website. During this call, we will make forward-looking statements about future events and circumstances, including Amyris' outlook for 2022 and beyond, Amyris' goals and strategic priorities, anticipated transactions and other future milestones as well as market opportunities and growth prospects. These statements are based on management's current expectations, and actual results and future events may differ materially due to risks and uncertainties, including those detailed from time to time in our filings with the Securities and Exchange Commission, including our 10-K for full year 2021, which will be filed this afternoon, March 1, 2022.
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Amyris disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or otherwise. Before we begin today, I'd like to note that included in our webcast is a slide presentation we will refer to. The slides will also be posted on the investor relations section of Amyris' website following the call. I'll now turn the call over to John.
Thank you, Han, and good morning, everyone. Thank you for joining us today. During our call, I'll provide an update on our business performance, our operating strategy and our outlook. Then I'll pass back to Han for a financial update.
I'm now on Slide 4. 2021 was a transformative year for Amyris and the fourth quarter is a strong demonstration of our capacity to grow and the potential of our Lab to Market technology platform, our consumer business, both via e-commerce and retail and providing access to our technology through new and existing partnerships. Interest in our business and technical capabilities has never been stronger and the commercial success of our homegrown brands continues to confirm that we are just scratching the surface of end markets that will benefit from sustainable products derived from clean chemistry with no compromise to performance. The business integration of our Lab to Market platform, consumer brands and technology access via collaborations and partnerships is clearly advantaged and puts Amyris at the forefront of the acceleration of sustainable consumption.
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