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Business Bites

EDUCATION

California State University-Fullerton said Kari Knutson Miller will replace Anil Puri as provost and vice president of academic affairs on Jan. 1. Her term is through June 2020. She is dean of university extended education and associate vice president of international programs and global engagement. CSUF President Mildred Garcรญa said in a statement that Puri told the school he couldnโ€™t โ€œoffer a long-term commitment.โ€

โ€” Paul Hughes

FINANCE

Cleveland-based CBIZ Inc., the No. 10 U.S. accounting firm, bought McKay & Carnahan Inc. of Newport Beach on undisclosed terms. McKay recorded 2016 revenue of $2.5 million. International firm CBIZ & Mayer, Hoffman McCann P.C. had $800 million in 2016 sales, and its Irvine office ranked 39th on the Business Journalโ€™s list of OC accounting firms.

โ€” Pete Weitzner

HEALTHCARE

Edwards Lifesciences Corp. in Irvine bought Harpoon Medical Inc. in Baltimore on Dec. 1 for $100 million; milestone payments over the next decade could bring the total price to $250 million. It invested in Harpoon in 2015 and took an option to buy the company, which makes a minimally invasive device.

โ€” Paul Hughes

Joe and Sarah Kiani received the Anti-Defamation Leagueโ€™s Humanitarian Award. Heโ€™s founder and chief executive of device maker Masimo Corp. in Irvine. The couple founded the Patient Safety Movement, which works to reduce preventable patient deaths in U.S. hospitals. The award from the civil rights group recognizes professional leadership and philanthropic and civic contributions.

โ€” Paul Hughes

HOSPITALITY

Brighton Management bought the 150-room Hyatt Place in Vista from Irvine-based Core Capital Management LLC for $27 million, or $180,000 per room. Newport Beach-based Brighton owns and operates hotels.

โ€” Paul Hughes

and Ray Huard

Island Hotel changed its name to Fashion Island Hotel. Elements of the switch include integrating amenities and activities between the hotel and the Fashion Island mall with trunk shows, personal shoppers, gift cards, and a trolley that will travel between the two. Meanwhile, the Radisson Hotel Newport Beach is being renovated and reflagged as a Hyatt Regency.

โ€” Paul Hughes

MARKETING

One of OCโ€™s most recognized marketing firms is at the center of a sexual harassment lawsuit. NFL Hall of Famer Warren Moon, co-founder and president of Sports 1 Marketing in Irvine, has been sued for sexual harassment by his former assistant, according to a lawsuit filed in Orange County Superior Court by Wendy Haskell, who alleges the former quarterback made unwanted sexual advances and that he drugged her on a trip to Mexico. Moonโ€™s lawyer, Daniela Fears of Payne & Fears LLP in Irvine, denied the allegations.

โ€” Chris Casacchia

NONPROFITS

American Family Housing in Midway City named Milo Peinemann chief executive, replacing Donna Gallup, who left the post in October. The nonprofit, founded in 1985, provides housing and services to people living at 60 sites in Orange, L.A., and San Bernardino counties.

โ€” Paul Hughes

RESTAURANTS

Galardi Group Inc. appointed J.R. Galardi president, replacing Dennis Tase, who retired last year. The Irvine-based company operates Wienerschnitzel, Tastee-Freez and Hamburger Stand franchises. J.R. Galardi is the son of the late founder, John Galardi, and Chief Executive Cindy Galardi Culpepper.

โ€” Mediha DiMartino

In-N-Out Burger plans to enter Colorado, fueled by a new beef patty production facility and a distribution center in Colorado Springs, news reports said. The Irvine-based fast-food chain is targeting as many as 50 locations.

โ€” Hannah Mitchell

SERVICES

MVE & Partners Inc., the fourth-largest architecture firm in Orange County, announced that Matthew McLarand, son of founder Carl McLarand, will replace Rick Emsiek as president. Emsiek, whoโ€™s been at the firm for 33 years, including 13 as president, will remain a member of the board of directors and maintain consulting and business-development roles.

โ€” Peter J. Brennan

TTM Technologies Inc. agreed to pay $775 million to affiliates of a New York private equity firm for East Syracuse-based Anaren Inc. The transaction is scheduled to close in the first half of next year, and TTM said it will result in about $15 million in cost synergies realized within the first two years of closing.

โ€” Chris Casacchia

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