Salt Lake Business Journal | June 1, 2026 by The City Journals

BUSINESS JOURNAL

SLBusinessJournal.com

June 1, 2026 | Volume 4, Issue 21

$1.50

INSIDE TRAINS New railway arrives at the station Page 2 MUSIC Amphitheater planned for Provo Canyon Page 3 JOBS Unemployment numbers stay steady Page 11

PEOPLE ON THE MOVE Page 11 INDUSTRY BRIEFS Pages 12-13 BUSINESS CALENDAR Page 14

OF NOTE

Gov. Spencer Cox and White House Permitting Council Executive Director Emily Domenech ink a memorandum of understanding that aligns Utah with federal policies to accelerate critical infrastructure projects. Flanked by (from left) Lt. Gov. Deidre Henderson, Senate President Stuart Adams, House Speaker Mike Schultz and Torus co-founder and CEO Nate Walkingshaw, the signing took place at the governor’s Operation Gigawatt Summit in Park City. (Courtesy Office of Utah Governor via Instagram)

Nuclear energy emerges as star of Gov. Cox’s Operation Gigawatt Summit John Rogers Salt Lake Business Journal Community Day at Olympic Park The public will have a chance to enjoy a full day of summer activities at Utah Olympic Park on June 8. From 10 a.m. to 5 p.m., discounted Gold Passes will be available for $49 to use the park’s Extreme Zip, Extreme Tubing, Alpine Slide, Action Tower and Discovery Course.

Utah’s “all-of-the-above” approach to the mushrooming nationwide demand for energy will most certainly include nuclear generation. At least that’s the message coming out of Gov. Spencer Cox’s one-day “working session” with energy stakeholders, federal and state officials and representatives from the Trump administration. The governor’s Operation Gigawatt Summit took place May 22 at the Grand Hyatt Deer Valley in Park City. It’s no secret that Cox has long been a fan of “clean” energy sources like nuclear power, but his summit in Park City made a decisive turn in that direction. While there were discussions about geothermal power, critical minerals and assuring a viable electric grid, the focus

skewed heavily toward nuclear power. Addressing reporters at the conclusion of the confab, Cox repeated his insistence that Utah is looking at all forms of energy, but that nuclear generation must be part of the conversation. “If we truly want to de-carbonize, if we truly want cleaner energy, more prosperous energy, dispatchable energy, reliable energy and cheaper energy, then nuclear has to be part of that mix,” Cox said. U.S. Secretary of Energy Chris Wright headlined a who’s-who list of attendees. Also present were EPA Administrator Lee Zeldin; Nuclear Regulatory Commission Chairman Ho K. Nieh; White House Science and Technology Policy Director Michael Kratsios; and Vivek Ramaswamy, former presidential candidate and current candidate for governor of Ohio, who keynoted the event’s luncheon. Also participating were a slate of Utah legislators; officials from sever-

al state agencies, including the Office of Energy Development; and corporate leaders of several companies involved in the energy industry. Speaking to the large crowd in the summit’s general session, Wright endorsed Utah’s nation-leading energy efforts, including the state’s nuclear ambitions. “What’s the way to drive down electricity prices and bring jobs to Utah? It’s to bring more energy to Utah,” he said. The Cox administration is openly encouraging small-scale modular nuclear reactor development, with test sites actively experimenting with the technology. In his speech at the summit, Wright told attendees that Valar Atomics was close to achieving “criticality” with its small modular reactor experiment at Utah’s San Rafael laboratory at Orangeville in Emery see NUCLEAR page 2

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SALT LAKE BUSINESS JOURNAL

NUCLEAR from page 1

County. President Donald Trump has set a July 4 deadline for small nuclear reactor developers to demonstrate if their experiments are working. Utah House Speaker Mike Schultz told the summit audience that Utah is leading the nation in energy policy, including passing bills — like SB132 from the most recent legislative session — that address energy’s real bottleneck, distributing the power once it’s generated. “Our legislation was passed and done, and other states are playing catch-up to us now,” Schultz said. “We started talking about these things two to three years before everybody else did.” “Right now, everybody’s just focused on the power generation,” Schultz said, “but you have to think, how do you actually distribute that power once it happens?” He credits SB132, in part, with beginning to address such problems. At the conclusion of the day-long af-

fair, Cox introduced an agreement he touted as a pathway to “ensure Utah remains a leader in building the infrastructure and resources.” Cox and White House Permitting Council Executive Director Emily Domenech signed a memorandum of understanding (MOU) between the state of Utah and the Federal Permitting Improvement Steering Council to better coordinate state and federal permitting efforts and advance critical infrastructure and energy projects in Utah. Much of the discussion at the event centered on accelerating permitting reform and expediting the advance of long-term energy affordability and abundance. The MOU commits Utah to aligning state permitting timelines with federal environmental review timelines for eligible “FAST-41” projects, improving transparency and coordination while helping avoid unnecessary delays for critical infrastructure projects. FAST-41 refers to Title 41 of the Fixing America’s Surface Transportation (FAST) Act, signed into law by President Barack Obama in 2015. It is a federal program

designed to streamline, coordinate and publicly track environmental reviews and authorizations for large or complex infrastructure projects like renewable energy, mining and broadband. “I am thrilled to announce our partnership with Gov. Cox and the state of Utah,” said Domenech. “By aligning state and federal permitting timelines, Utah is establishing a more efficient and transparent permitting process that will drive investment to the state, speed energy and natural resources development, and advance President Trump’s infrastructure and energy dominance agenda.” “Utah has built a reputation for efficient government and responsible development,” said Cox. “This agreement will help create a more transparent, accountable and predictable permitting process that supports energy production, strengthens domestic supply chains and helps ensure Utah remains a leader in building the infrastructure and resources America needs.” The agreement establishes a framework for Utah and the Permitting Council to work together to identify priority projects,

coordinate permitting reviews across agencies, and improve transparency through the FAST-41 process. Under the agreement, the Permitting Council will support Utah by helping identify eligible FAST-41 projects, coordinating federal agencies, supporting streamlined reviews and exploring opportunities to improve state permitting systems and technologies. The MOU highlights that Utah has deposits of 50 of the 60 federally listed critical minerals and notes the importance of efficient permitting processes to support reliable domestic supply chains and responsible resource development. Energy development and security — especially nuclear energy — seemed to carry the day as the Cox hosted the high-level gathering. And Utah seems to be in lockstep with Washington on these issues. “Utah’s policies, the leadership, the philosophies, just perfectly align with President Trump’s energy agenda,” Wright said at the conclusion of his address. “Utah is going to be key in the future of nuclear energy.”

Canyon Spirit train service comes to SLC Tom Haraldsen Salt Lake Business Journal Canyon Spirit has begun its service to Salt Lake City, continuing its five-year tradition of rail travel from Colorado to Utah. The service offers two-day and threeday rail trips from Colorado to Utah, with the three-day journey culminating in Salt Lake. Tristan Armstrong, CEO of Armstrong Collective that is Canyon Spirit’s parent company, accompanied the first trainload of passengers that started in Denver, traveled through Glenwood Springs, Colorado, through Moab, Utah, and then arrived in Salt Lake. “We’re welcoming a new year for our rail journeys,” he said. “Our trains will now provide a connection between this vibrant urban hub and the iconic landscapes and warm hospitality of Moab, Glenwood Springs and Denver.” He said Canyon Spirit has served more than 35,000 guests onboard since its inception along what it calls the “Rockies to the Red Rocks” route. The train travels only in daylight and connects with overnight accommodations that are

available in Denver (before the train departs), Moab and then Salt Lake City. Canyon Spirit is part of the Armstrong Collective group of travel experiences, which has also operated the iconic Rocky Mountaineer train in western Canada for the past 36 years. The travel company represents a long legacy of providing rail journeys in some of the world’s most spectacular natural destinations. Since 1990, Armstrong Collective has welcomed almost 2.5 million guests onboard its trains, offering awe-inspiring scenery and meaningful connection to the lands and culture surrounding them. Armstrong said the rail experience includes meals and storytelling for guests from travel experts. The rail cars are roomy and bright, with windows that offer wide views of the scenery as they travel through canyons and across the landscapes of Utah and Colorado. The Canyon Spirit departs on Tuesdays for eastbound trips (from Salt Lake City toward Denver) and Fridays for westbound trips (from Denver toward Salt Lake City). Trip itineraries and pricing is available online at canyonspirit.com.

The first Canyon Spirit train arrived in Salt Lake City during a ceremony April 9 at the Salt Lake Central Station. The train offers two-day and three-day rail adventures. (Tom Haraldsen/Salt Lake Business Journal)

June 1, 2026 | 3

SALT LAKE BUSINESS JOURNAL

Osmonds are behind planned major music venue in Provo Canyon John Rogers Salt Lake Business Journal It’s been a quarry in Provo Canyon for construction materials for the past century, but starting next year, Spencer Shumway plans a reclamation project that will turn the current eyesore into a world-class entertainment destination that will bring top entertainers to Utah County. Joined at the gravel pit by two members of the famed Osmond family, Shumway unveiled plans for the Vesper Amphitheater, a year-round entertainment venue that will seat 20,000 during summer operations and 8,000 when it is enclosed for winter events. Las Vegas headliner Donny Osmond and his nephew David Osmond helped announce plans for the complex, to be built at the base of Mount Timpanogos. David Osmond is the son of Donny’s late brother Alan, who died on April 20. He originated the annual Stadium of Fire on the Fourth of July in LaVell Edwards Stadium at Brigham Young University in Provo. On April 1, 2027, the venue developers plan to assume ownership of the site, end mining activities and restore native habitat, repair damaged terrain and begin construction of the theater. “I’ve played every single kind of venue you could possibly imagine, and I have memories of certain places that I would

love to go back to,” Donny Osmond, who was joined by his wife, Debbie, told an assembled audience. “And what I envision right here is where the managers, the agents, the publicists, the artists, the bands themselves, I know they’re going to say, ‘You got to play Vesper,’ not just because the audiences are amazing, but because of the ambience, the venue itself, the beauty, the year-round opportunities for entertaining here.” David Osmond explained that “vesper” has reference to the golden hour of the day just before dark. “Entertainment and nature do not have to compete with each other,” he said. The proposed 100-acre venue is located south of U.S. 189, across the highway from Timpanogos Park. Posters depicting the amphitheater show it laid out on the hillside, similar to the popular theater at the Tuacahn Center for the Arts near St. George. The seats would face north with Mount Timpanogos above and behind the stage. Also planned are villas, shops, trail connections and adjacent parking. David Osmond said the developers, which also include John Meyer and Lewis Meyer, among others, are working closely with Provo City on feasibility studies and conservation easements. David Osmond is executive director of Vesper, while Donny Osmond is the chair of the Vesper advisory board.

Developers of the planned Vesper Amphitheater in Provo Canyon displayed this concept rendering of the complex at a recent announcement event. With construction beginning next spring, the venue is expected to open in 2029. “The goal is not to overwhelm the canyon but to transform it from an existing gravel pit into something more beautiful, more usable, more stable, more thoughtfully planned, a gateway to Provo Canyon,” David Osmond said. “Make this a crown jewel of Provo Canyon.” He went on to explain how deeply personal the canyon is for Utahns and the Osmonds alike. He said Vesper is determined to treat it with respect. “It is a rare opportunity for land at the mouth of a canyon to become available like

this,” said Shumway. “The greatest luxury we can create is access to nature, restoring this land into a gateway for hiking, biking, music and meaningful experiences. As stewards of this land, we are excited to help preserve the canyon.” “The time has come, and this is the place,” Donny Osmond concluded. “We love the community, we love the ambiance, we love the people, we love the potential and we love the growth.” He is confident that artists and their managers will be determined to play at Vesper.

Utah Talons softball season to begin June 9 Tom Haraldsen Salt Lake Business Journal The Utah Talons women’s softball team has announced its full 2026 schedule, including game times, along with details for single-game ticket sales. Single-game tickets are now on sale to the general public at www.theausl.com. The Talons will open their home schedule at Dumke Family Stadium on the University of Utah campus on June 9 at 7 p.m. against the Chicago Bandits, launching their title defense. The Athletes Unlimited Softball League (AUSL) season will culminate with the AUSL Championship airing nationally on ABC. The team will be led by General Manager Lisa Fernandez, a UCLA softball legend and three-time Olympic gold medalist for Team USA, alongside Head Coach Howard Dobson, the former LSU and Team USA assistant coach who returns for his second season at the helm of the Talons. In addition to former Utes star Hannah Flippen, the Talons’ roster also features Jayda Coleman, Georgina Corrick, Megan Faraimo and Montana Fouts amid a lineup of world-class athletes. League officials say Salt Lake City has emerged as a dynamic sports market with a strong youth softball foundation and growing enthusiasm for women’s professional sports. Following sellout crowds during last season’s series, the Talons return as the reigning AUSL champions, bringing momentum and excitement to the Mountain West. The Talons will join the Carolina Blaze, Chicago Ban-

PROFESSIONAL th Grow SERIES

A Summer Soiree Sponsored by

dits, Oklahoma City Spark, Portland Cascade and the Texas Volts in the six-team league. The premier professional softball league in the U.S., the AUSL launched in 2025 with four teams and expanded to six teams ahead of the 2026 season while anchoring those teams in home markets for the first time. Led by Commissioner Kim Ng and featuring investment from Major League Baseball, the league is aided by advisors including softball legends Jennie Finch, Jessica Mendoza and Natasha Watley as well as a multiyear media rights deal with ESPN. Following the AUSL Championship, a select group of players will be chosen to compete in the AUSL All-Star Cup in Rosemont to crown the ultimate individual softball champion utilizing the innovative Athletes Unlimited format. The Talons’ schedule for 2026: June 9-11: Chicago Bandits June 13-15: Portland Cascade June 18-20: At Texas Volts June 22-23: Oklahoma City Spark June 25-27: At Carolina Blaze June 30, July 1: Texas Volts July 3-4: Carolina Blaze July 9, 11, 12: At Oklahoma City Spark July 15-16: At Portland Cascade July 18-19: At Chicago Bandits Aug. 5: AUSL All-Star Cup in Greenville, North Carolina Aug. 8-10: AUSL All-Star Cup in Rosemont, Illinois

Utah’s newest sports franchise, the Utah Talons, will begin play on June 9 at Dumbe Family Stadium on the University of Utah campus. (Tom Haraldsen/Salt Lake Business Journal)

Conquer Imposter Syndrome Find Your Strength and Do it Anyway

Presenter

Nicole Carpenter

Director of Programs and Operations, Women’s Leadership Institute

TUESDAY

June 9

11:30 am – 1:00 pm

Summit Vista 3390 W Signal Peak Dr #121, Taylorsville

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SALT LAKE BUSINESS JOURNAL

AIRPORT HOTELS

SALT LAKE

BUSINESS JOURNAL

Company Name Address

Phone Web

Star Rating

Number of Rooms

Number of Floors

Listed by Star Rating

Amenities

Comfort Inn & Suites

801-218-2536 choicehotels.com

4.3

110

Pool, hot tub, family friendly, laundry

Todd Wheeler General Manager and Sales Director

801-530-0088 hilton.com/en/hotels/ slchshx-hampton

4.3

Restaurant, pool, ﬁtness center, pet-friendly rooms

Terri Capener General Manager

801-539-1515 doubletree3.hilton.com

4.2

288

Free signature cookie, indoor pool, airport shuttle, gym, parking, coin laundry

Kayla P. General Manager

801-519-9000 hilton.com

4.2

172

Complimentary Wi-Fi, 24-hour business center and ﬁtness center, restaurant meeting rooms, pool

Kevin Judware General Manager

Holiday Inn Hotel & Suites 5001 W. Wiley Post Way SLC, UT 84116

801-741-1800 holidayinn.com/ slc-arptwest

4.2

111

Indoor pool & hot tub, ﬁtness center, on-site resturant, complimentary Wi-Fi, business center

Ted Capener General Manager

2 4923 W. Douglas Corrigan Way

Homewood Suites by Hilton

801-433-4943 hilton.com

4.2

105

Full kitchen in each room, guest laundry, ﬁtness room, pool, free parking, free Wi-Fi, free breakfast

MarKel Crandall General Manager

SpringHill Suites by Marriott

801-532-6633 marriott.com

4.2

143

Free internet, free breakfast, ﬁtness center, pool

Steve Rahim Director of Sales & Marketing

3 52 N. Tommy Thompson Road

801-363-1400 hyatt.com

4.1

123

Free Wi-Fi, indoor pool, airport shuttle, parking, ﬁtness center, complimentary breakfast for members, pet friendly

Sharon Fuller General Manager

Residence Inn by Marriott

801-532-4101 marriott.com

4.1

104

Complementary breakfast, indoor pool, ﬁtness & health center

Laura Winkler General Manager

Aries Pedroza General Manager

1 202 Jimmy Doolittle Rd. SLC, UT 84116

Hampton Inn & Suites

1 307 Admiral Byrd Rd. SLC, UT 84116

DoubleTree by Hilton Hotel at SLC Airport 5151 Wiley Post Way SLC, UT 84116 Hilton Garden Inn

2 4975 Wiley Post Way SLC, UT 84116

SLC, UT 84116

2 4955 Wiley Post Way SLC, UT 84116 Hyatt Place

SLC, UT 84116

3 4883 W. Douglas Corrigan Way SLC, UT 84116

Courtyard by Marriott 4843 W. Douglas Corrigan Way SLC, UT 84116 Sonesta Simply Suites

4 2170 W. North Temple SLC, UT 84116

Top Local Executive or Manager

801-532-4085 marriott.com/SLCAP

4.0

154

Complimentary parking, car rental, coffee, bistro, beauty shop, picnic area, ATM, complimentary hot breakfast, housekeeping, laundry on-site

801-359-7500 sonesta.com

4.0

122

Suites, kitchen, ﬁtness center

Tracy Poleviyaoma Operations Manager

Justin Hanshew General Manager

La Quinta Inn & Suites by Wyndham 4905 W. Wiley Post Way SLC, UT 84116

801-883-8728 wyndhamhotels.com

3.8

114

Free airport shuttle, free parking, free Wi-Fi, laundry facilities, indoor pool, pet-friendly, ﬂy & park, free continental breakfast

Microtel Inn & Suites by Wyndham 61 Tommy Thompson Road SLC, UT 84116

801-236-2800 wyndhamhotels.com

3.6

104

Free Wi-Fi, free airport shuttle, free breakfast, pet -friendly, free parking, ﬁtness center

Casey Fonohema-Dye General Manager

385-341-4904 radissonhotels.com

3.4

125

Restaurant, ﬁtness center, ATM, pool, elevators, garage parking, microwave, refrigerator, coffee maker, 24-hr. shuttle

Mazhar Kathi

Radisson Hotel

7 2177 W. North Temple SLC, UT 84116

*Did not disclose. Please note that some ﬁrms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2026 by Salt Lake Business Journal. The Business Journal strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at lists@slbusinessjournal.com.

June 1, 2026 | 5

SALT LAKE BUSINESS JOURNAL

River Tunnel by Gordon Huether River Tunnel by Gordon Huether

WE’RE ON OUR FINAL

APPROACH The New SLC is finishing up the final phase of construction and opening more gates and more concessions in October 2026. Passengers can look forward to an elevated travel experience including:

MORE FLIGHTS TO MORE DESTINATIONS MORE SHOPS AND RESTAURANTS MORE PLACES TO PLUG-IN

• 94 gates to 100 plus nonstop destinations such as Asia, Europe and South America • 100 plus restaurants and shops with new local favorites like Monarca, Moochie’s, Mr. Charlie’s Chicken Fingers and Swig • 3 national awards for North America’s best airport for departures, cleanest airport and most enjoyable airport The New SLC team is ready to welcome you to the Gateway to the World— we’re connecting people with places and bringing the global experience closer to home.

Download the new SLC mobile app today

MORE GATES

6 | June 1, 2026

SALT LAKE BUSINESS JOURNAL

CARGO AIRLINES (Serving SLC International) Listed Alphabetically

Company Name Address

SALT LAKE

BUSINESS JOURNAL

Phone Web

Pounds of Cargo 2025

Year Established

Owner(s) (ticker symbol) Headquarters

801-744-0440 airgeneral.com

548,000,000

1961

Portsmouth, NH

Patrick Maloney President

800-225-2752 alaskacargo.com

Over 40,000 tons

1985

ALK Seattle, WA

Ben Minicucci CEO

801-744-0440 aacargo.com

2,000,000,000 pounds

1944

AAL Dallas Fort Worth, Texas

Robert Isom CEO

Ameriﬂight LLC 180 N. 2400 W. SLC, UT, 84116

801-537-7452 w3.ameriﬂight.com

21,900,000 pounds

1968

AMF Dallas Fort Worth, Texas

Patrick Fluegeman President & CEO

Delta Cargo 3624 W. 510 N. SLC, UT 84116

800-352-2746 deltacargo.com

2,200,000,000 pounds

1946

DAL Atlanta, GA

Peter Penseel President Delta Airlines Cargo

FedEx Freight 750 N. 5600 W. SLC, UT 84116

866-393-4585 fedex.com

984,000,000 pounds

1971

FDX Memphis, TN

Raj Subramaniam President & CEO

Gebruder Weiss 881 S. 3760 W. SLC, UT 84104

801-975-9336 gw-world.com/us

162,000,000 pounds

1976

Privately Held Salt Lake City, UT

Mark McCullough CEO

Menzies Aviation 1070 N. 3930 W. SLC, UT 8116

801-531-4710 menziesaviation.com

5,291,094,292 pounds

1833

MNZS Edinburgh, Scotland

Philipp Joeining CEO

Precision Air Cargo 1315 Swaner Road, Ste. A SLC, UT 84104 9

801-973-7321 precisionair cargo.com

1989

Privately Held Denver, CO

Jerry Duncan National Sales Team Lead Manager

Southwest Cargo 462 N. 3700 W. SLC, UT 84122

801-736-6110 swacargo.com

200,000,000 pounds

1990

SWA Dallas, TX

Robert E. Jordan CEO

United Cargo 392 N. 3700 W. SLC, UT 84116

801-744-0440 unitedcargo.com

1,300,000,000 pounds

1987

UAL Chicago IL

Jan Krems President United Cargo

UPS 2015 S. 4130 W., Ste. E SLC, UT 84104

801-954-2920 aircargo.ups.com

1,308,000,000 pounds

1907

UPS Atlanta, GA

Carol B. Tome CEO

Air General—coordinates United, American, Alaska 392 N. 3700 W. SLC, UT 84116 Alaska Air Cargo 392 N. 3700 W. SLC, UT 84116 American Airlines Cargo 392 N. 3700 W. SLC, UT 84116

Top Executive

June 1, 2026 | 7

SALT LAKE BUSINESS JOURNAL

FROM the THE COACH From Coach

Why smart leaders get stuck John was pacing when I arrived. The look in his eyes conveyed the tension he was feeling. “What’s going on?” I asked. He sat down and exhaled. “I don’t get it. We’ve had two years of incredible growth. The market is still strong. We’re working harder than ever — and yet we keep tripping over ourselves.” He paused. “We’re disappointing our customers. Key operations are misfiring. It feels like we’re coming off the tracks.” I’ve seen this moment play out in nearly every leader’s journey. Not because of a lack of effort, intelligence or experience, but because something deeper is at play. It’s a frustrating place to be. You’re working hard. Your team is busy. The business is moving. And yet, despite all that effort, it feels like you’re coming off the tracks. Growth plateaus. Decisions take longer. Tension builds — sometimes quietly, sometimes quite loudly, like it did for John. This is what I call being “stuck.” And here’s the paradox: The leaders most likely to get stuck are often the most capable. Over the past three decades, I’ve worked with CEOs and executive teams across dozens of industries. I’ve observed a consistent pattern: The very strengths that helped leaders succeed early on of-

ten become the constraints that limit them later. As renowned executive coach and author, Marshall Goldsmith has said, RICH “What got you here TYSON won’t necessarily get you there.” A founder who built a company through sheer determination and control begins to struggle as the organization grows and requires delegation. A leader known for decisiveness finds that increasing complexity demands more input, more nuance and more patience. A high-achieving executive who prides himself on always having the answer becomes the bottleneck when his team stops thinking independently. In each case, the issue isn’t effort. It isn’t competence. It’s misalignment. One of the most subtle and dangerous traps in leadership is the overextension of one’s strengths. What once worked — often brilliantly — no longer fits the demands of the current moment. But because that strength is so deeply tied to the leader’s identity, it’s difficult to recognize it as the problem. Instead, leaders double down. They work longer hours. They push harder. They try to out-execute the issue. And

in doing so, they reinforce the very constraint that is holding them back. This is the leadership trap: Success creates a lens — and over time, that lens distorts reality. Not because leaders lack intelligence, but because they are too close to the problem. Their past success has shaped a set of assumptions about how the world works, what drives results, and what leadership should look like. Over time, those assumptions generally go untested. The challenge, then, is not simply to work harder or even to “learn more.” It is to step back and examine the underlying perceptions that are driving your decisions. What assumptions are you making about your business, your team or your role as a leader? Which of your strengths might now be overused — or misapplied? Where might your need for control, speed or certainty be limiting the very growth you’re trying to achieve? These are not easy questions. They require a level of honesty that can be uncomfortable, especially for leaders who are accustomed to being the one others rely on for answers. But they are essential. Because until you see yourself clearly, every action you take — no matter how

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well-intentioned — risks taking you further in the wrong direction. In my coaching work, I often remind leaders that clarity precedes progress. Before you can chart the right path forward, you must first understand the reality of where you are, and how you are contributing to it. This is where real leadership begins. Not in the doing, but in the seeing. Because once you see it clearly, you can finally lead differently. My client, John, didn’t have an effort problem. He had a clarity problem. If this resonates with you, it may be time to take a closer look at where you’re stuck, and why. Sometimes the fastest way forward begins with seeing what you couldn’t see before. In that regard, it’s almost always helpful to engage with a coach or a mentor. They will help you see yourself when your own vision may be distorted. Richard Tyson is the founder of CEObuilder, co-founder of PACER Leadership, and author of Align & Execute: It’s All About the Money … But It’s Not! He helps leaders align purpose, people and performance through his PACER leadership models and The Leadership Architect framework.

8 | June 1, 2026

SALT LAKE BUSINESS JOURNAL

DOWNTOWN SALT LAKE CITY HOTELS No. of Floors

BUSINESS JOURNAL

No. of Rooms

Ranked by Number of Rooms

SALT LAKE

Amenities

Top Local Executive(s)

850

The Coffee Shop Restaurant, Indoor/Outdoor Pool, Garden Pool

Scott French VP Operations

775

The Grand Spa, Fitness center, Pools, Afternoon Tea, Retail Shops, Restaurant, Cocktail bar

Scott French VP Operations

801-596-1234 hyatt.com/hyatt-regency

700

Ballrooms, ﬂoor-ceiling windows, restaurants, bistro, bars, artisan market, pool, ﬁtness center, work station lounge, 31 meeting rooms for <2,000

Pina Purpero General Manager

801-531-0800 marriott.com

510

Restaurant, Bar, Coffee Shop, Fitness Center, Parking, Concierge Lounge, Room Service

Andreo Girardi General Manager

Hilton Salt Lake City Center 255 S. West Temple SLC, UT 84101

801-328-2000 hiltonsaltlakecity.com

500

Meeting rooms, business services, ATM, car rental, gift shop, ﬁtness center, indoor pool

Garrett Parker General Manager

Westgate Park City Resort & Spa 3000 Canyons Resort Dr. Park City, UT 84098

435-655-2240 westgateresorts.com

488

Dining, spa, ﬁtness, yoga

Brent Tary Regional Director of Resort Operations

Radisson Downtown Salt Lake City Hotel 215 W. South Temple Salt Lake City, UT 84101

801-354-5457 choicehotels.com/utah/ salt-lake-city/radissonhotels/ut302

381

Breakfast, express check-out, early check-in, free Wi-Fi, luggage storage, meeting facilities, on-site dining

Kristofer Watson Director of Sales

Sheraton Salt Lake City 150 W. 500 S. SLC, UT 84101

801-401-2000 sheratonsaltlakecity.com

362

Restaurant, Fitness Center, Pool, Conference Facilities

Melissa Deveraux Area Director of Sales Marketing

Marriott Hotel Salt Lake City Center 220 S. State St. SLC, UT 84111

801-961-8700 marriott.com

359

Complimentary standard Wi-Fi, room service, complimentary coffee, refrigerator, self and valet parking, full bar, restaurant, health club, indoor pools and hot tub

Josh Pepper General Manager

Grand Summit Hotel 4000 Canyons Resort Dr. Park City, UT 84098

435-615-8040 parkcitymountain.com

350

Spa, pool, massage, ﬁtness, golf, skiing

Ryan Pratt General Manager

Zermatt Utah Resort & Spa 784 W. Resort Dr. Midway, UT 84049

435-657-0180 zermattresort.com

300

Spa, pools, dining, bakery, events, wellness center, tennis, mini-golf

Mindy Turner Director of Sales & Marketing

DoubleTree Suites by Hilton Hotel 110 W. 600 S. SLC, UT 84101

801-359-7800 doubletree3.hilton.com

241

Spa tub, indoor pool, bar, free Wi-Fi, free parking lot, conference space, gift shop, express check-out, microwave

Joe Snarr, Manager

Hotel Monaco by Kimpton 15 W. 200 S. SLC, UT 84101

801-595-0000 monaco-saltlakecity.com

225

Eclectic design, meeting & banquet facilities, Bambara Restaurant

Alicia Wiley General Manager

Asher Adams The Gateway–2 400 W. SLC, UT 84101

801-895-3195 marriott.com/en-us/hotels/ slcau-asher-adamsautograph-collection

225

Free Wi-Fi, meeting space, convenience store, ﬁtness center, gift shop, on-site bar & restaurant

Niels Vuijsters General Manager

Holiday Inn Express 206 S. West Temple SLC, UT 84101

801-521-9500 ihg.com/ holidayinnexpress

212

Complimentary breakfast, Wi-Fi, coffee & tea, microwave, refrigerator, indoor pool, ﬁtness center, hot tub, dry sauna

Dave Erickson General Manager

Crystal Inn Hotel & Suites 230 W. 500 S. SLC, UT 84101

800-366-4466 crystalinnsaltlake.com

175

Indoor Pool, Hot Tub, Sauna, Gym, Business Center

Lana Buehler General Manager

The St. Regis Deer Valley 2300 Deer Valley Dr. East Park City, UT 84060

435-940-5700 marriott.com/en-us/hotels/ slcxr-the-st-regis-deervalley

173

Dining, events, pool, spa, ﬁtness

Tyler Mugford General Manager

AC Hotel Salt Lake City 225 W. 200 S. SLC, UT 84101

385-722-9600 marriott.com/en-us/hotels/ slcad-ac-hotel-salt-lakecity-downtown

164

Reception, banquet, theatre, lounge, exercise facility, AC Kitchen

Mark Stoddard Regional VP of Operations

Hyatt Place 55 N. 400 W. SLC, UT 84101

801-456-6300 hyatt.com

128

24/7 dining, outdoor pool, ﬁtness center, business services, free internet access, meeting facilities, free breakfast for members, pet-friendly

Brandon Hansen, Manager

Fairﬁeld Inn & Suites by Marriott 130 W. 400 S. SLC, UT 84101

801-531-6000 marriott.com

120

Free Wi-Fi, free buffet breakfast, indoor pool, 24/7 ﬁtness center

David Larsen General Manager

Company Name Address

Phone Web

Little America Hotel 500 S. Main St. SLC, UT 84101

801-596-5700 saltlake.littleamerica.com

The Grand America Hotel 555 S. Main St. SLC, UT 84111

801-258-6000 grandamerica.com

Hyatt Regency 170 S. West Temple SLC, UT 84101

Salt Lake Marriott Downtown City Creek 75 S. West Temple SLC, UT 84101

June 1, 2026 | 9

SALT LAKE BUSINESS JOURNAL

DOWN to TO BUSINESS Down Business

Not our first rodeo: Utah’s NIMBY protests go way back

What do you know about the “Intelligence Community Comprehensive National Cybersecurity Initiative Data Center”? That imposing name has been generally boiled down to “Utah Data Center” and a whole lot of us drive by it every day. It’s up against the Traverse Mountains at the Utah National Guard’s Camp Williams in Bluffdale. And just like today, Utahns were up in arms a decade and a half ago over the possibility of a data center coming to our backyard. Proposed — and eventually built — by the National Security Agency, the project created all sorts of angst among the populace. Back then, our concerns were very different than the reasons we are on the warpath over Kevin O’Leary’s massive “Wonder Valley” project in Cache County. Today, our worries are very much environmental. What will the 40,000-acre development do to the air and water? Will it impact an already desperately endangered Great Salt Lake? Will our rural serenity be shattered? From the first announcement in 2009 that the NSA was going to spend a couple of billion dollars to build an “intelligence-gathering” data center at the south end of the Salt Lake Valley, we began to worry about our privacy. After all, “intelligence” means spying and the bad guys are in Asia, not Utah County (well, mostly). “It’s top secret,” we were told, and armed police and military patrolled the site beginning with the first turn of a shovel. Organized protests at the site and at the Utah Capitol were seen regularly right up to the center’s opening in 2014 and beyond. This was the first we’d heard about data centers. Oh, there were some large

computer “server farms” around, but the designation “data center” was just coming into vogue. We began seeing terms like zettaJOHN bytes and exaROGERS bytes to describe the data storage capacity of the Utah Data Center. But the NSA wasn’t about to tell us exactly what was going on out there. One thing was certain: Compared to anything we knew about, its computers held allotabytes. At the risk of sounding like the grandpa that I am, those were different times. During the construction of the Utah Data Center, U.S. intelligence contractor Edward Snowden’s name began to scream from the headlines. His leaks revealed the extent to which intelligence agencies (can you say “NSA”?) were gobbling up the communications of everyday citizens. His disclosures ignited a major international debate about privacy, government overreach and civil liberties. And they fueled the vigor with which Utahns tried to stop the Utah Data Center. The Utah project became a global symbol of government spying. Demonstrators — both local and from around the globe — gathered outside the barbed wire-topped perimeter construction fences and tied yellow ribbons to its posts in protest of the Fourth Amendment implications of the center’s announced, but clouded, purpose. Activists from the Electronic Frontier Foundation and Greenpeace launched a 135-foot airship over the site with a banner reading “Illegal Spying Below,” citing “dragnet surveillance.” A Republican state lawmaker

even went so far as to introduce an unsuccessful bill aimed at shutting down the water supply to the secret facility so it couldn’t operate. Well, it all went for naught. In mid2014 (as far as we know) the Utah Data Center went operational and now, a dozen years later, it hardly gets noticed. Younger folks often ask, “What’s that big building over there?” What do you suppose would be our reaction if the Point of the Mountain facility were proposed today? In addition to anxiety over privacy, today’s Utahns seem a lot more tuned in to environmental concerns. It’s interesting to note that media reports at the time the Utah Data Center went online estimated its daily water usage at 1.7 million gallons per day or 620 million gallons per year. Ironically, that’s almost the exact amount (1,900 acre-feet) involved in the Box Elder County water rights transfer filing recently withdrawn by the private property owner whose land will become part of the Wonder Valley project. ••• To be sure, the Utah Data Center demonstrations weren’t the only time Beehive Staters hit the street in protest of projects we didn’t like: • Way back in the middle of the last century, environmentalists, river advocates and wilderness groups fiercely opposed the construction of Glen Canyon Dam and the flooding of hundreds of square miles of pristine red rock canyonlands. The dam was ultimately built but the controversy had a lasting effect on environmental politics in Utah. To this day, advocacy groups still suggest the dam be demolished and the lake drained. • The dissenters won one in the early

1980s. The U.S. government proposed installing hundreds of nuclear MX missile shelters across western Utah and Nevada. Opposed by ranchers, environmentalists, peace activists and a rare alliance between urban liberals and conservative rural Utahns, the proposal was withdrawn in 1982. • A coalition of very much the same people who blocked the MX missile deployment were successful in ending plans to put a high-level nuclear waste storage facility on the Skull Valley Goshute Indian Reservation. Proposed by a consortium of nuclear utilities, the fight lasted for years and became seen nationally as a conflict involving environmental justice, tribal sovereignty and nuclear risk. Utahns have continued through the years to conduct public battles over land use (Bears Ears), eminent domain (freeway expansion), mining (Kennecott expansion) and many other causes. Our state has found protests become especially powerful when they unite unusual coalitions — ranchers, environmentalists, local conservatives, tribes, church groups, urban activists and more. The current debate in Box Elder County mimics earlier fights because opponents see the project not as a single development, but as a symbol of a broader transformation of Utah’s landscape and economy. I hear the strong collective voice of many Utahns crying, “Not In My Back Yard.”

John Rogers is a 50-year veteran of Utah media. He retired as managing editor of the Salt Lake Business Journal in 2025 and is now a part-time contributor to the paper. He can be reached at john.r@ thecityjournals.com.

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SALT LAKE BUSINESS JOURNAL

SALT LAKE

PASSENGER AIRLINES

BUSINESS JOURNAL

Serving SLC International Airport

Company Name Address

Phone Web

Passengers 2025

Daily Flights / Destinations

Owner(s) (ticker symbol) Headquarters

Top Executive

Aeromexico (through Delta Airlines) 776 N. Terminal Dr. SLC, UT 84122

800-237-6639 aeromexico.com

25 M

600 daily flights 89 destinations

AMX Mexico City, MX

Andres Conesa CEO

Alaska Airlines 392 N. 3700 W. SLC, UT 84116

800-252-7522 alaskaair.com

55 M

1,500 daily flights 140 destinations

ALK Seattle, WA

Ben Minicucci CEO

American Airlines 176 N. Terminal Dr. SLC, UT 84122

800-433-7300 aa.com

200 M+

6,800 daily flights 350 destinations

AAL Ft. Worth, TX

Robert Isom CEO

Air Canada 776 N. Terminal Dr. SLC, UT 84122

888-247-2262 aircanada.com

47 M

1,000 flights 180 destinations

AC Montreal, CA

Michael Rousseau CEO

Delta Air Lines 776 N. Terminal Dr. SLC, UT 84122

800-221-1212 delta.com

200 M

7,000 daily flights 290 destinations

DAL Atlanta, GA

Ed Bastian CEO

Frontier Airlines 414 N. 3700 W. SLC, UT 84116

801-401-9000 flyfrontier.com

33 M

500 daily flights 100 destinations

FRNT Denver, CO

James G. Dempsey CEO

Hawaiian Airlines 3619 W. 510 N. SLC, UT 84116

800-367-5320 hawaiianairlines.com

731,905

1,500 flights 141 destinations

HA Honolulu, HI

Diana Birkett Rakow CEO

JetBlue Airways 6322 S. 3000 E. SLC, UT 84121

800-538-2583 jetblue.com

42 M

1,000 daily flights 100 destinations

JBLU Long Island City, NY

Joanna Geraghty CEO

KLM Royal Dutch Airlines 3920 W. Terminal Dr. SLC, UT 84122

800-618-0104 klm.com

35 M

750 daily flights 155 destinations

KLMR Haarlemmermeer, NL

Marjan Rintel CEO

SkyWest 444 S. River Road St. George, UT 84796

435-634-3000 skywest.com

46 M

2,500 daily flights 262 destinations

SKYW St. George, UT

Chip Childs President & CEO

Southwest Airlines 3920 W. Terminal Dr. SLC, UT 84122

800-435-9792 southwest.com

140 M

4,000 flights 117 destinations

LUV Dallas, TX

Robert E. Jordan CEO

Sun Country Airlines 3920 W. Terminal Dr. SLC, UT 84122

651-905-2737 suncountry.com

4.2 M

279 flights 120 destinations

SNCY Minneapolis, MN

Jude I. Bricker CEO

Volaris Airlines 3920 W. Terminal Dr. SLC, UT 84122

855-865-2747 volaris.com

31 M

540 flights 73 destinations

VLRS Mexico City, MX

Enrique Beltranena CEO

United Airlines 3920 W. Terminal Dr. SLC, UT 84122

800-241-6522 united.com

182 M

4,600 flights 360 destinations

UAL Chicago, IL

Scott Kirby CEO

WestJet Airlines 3920 W. Terminal Dr. SLC, UT 84122

888-937-8538 westjet.com

22.6 M

420 flights 27 destinations

WJA Calgary, CN

Alexis Von Hoensbroech, CEO

*Did not disclose. Please note that some firms chose not to respond, or failed to respond in time to our inquiries. All rights reserved. Copyright 2026 by Salt Lake Business Journal. The Business Journal strives for accuracy in its list publications. If you see errors or omissions in this list, please contact us at lists@slbusinessjournal.com.

June 1, 2026 | 11

SALT LAKE BUSINESS JOURNAL

PEOPLE on ON THE People the MOVE Move Company news information may be sent to brice.w@thecityjournals.com.

BANKING

• Bank of Utah, based in Ogden, has appointed Spencer Thorn as vice president, relationship manager. Thorn will support the bank’s commercial lending efforts, offering strategic guidance and tailored financing for real estate, property development, credit needs and small-business loans. Spencer Thorn His background spans consumer, small-business and middle-market lending. Thorn joins Bank of Utah after a 20-year career at Zions Bank, where he advanced from a teller to several leadership roles, including commercial relationship manager, business banker, financial center manager, assistant branch manager and personal banker. Thorn earned a bachelor’s degree in business management from Utah Valley University and an MBA from Western Governors University.

ENVIRONMENT

• The Utah Clean Air Partnership (UCAIR) has named Dane Ishihara as executive director. He will lead UCAIR’s efforts to advance practical, collaborative air quality solutions that strengthen Utah’s economy, public health and quality of life. He will oversee UCAIR’s Dane Ishihara strategic initiatives, fundraising, partnerships and public outreach, including the organization’s annual summit and education campaigns. Ishihara has extensive experience in leadership, stakeholder engagement and collaborative problem-solving across the public, private and nonprofit sectors.

HEALTHCARE

• Halia Therapeutics Inc., a Lehi-based clinical-stage biopharmaceutical company advancing inflammation therapies anchored in protective human genetics, has appointed Gary Sabin as executive chairman of its board of directors and added Dr. Preston Campbell III, David Checketts and Mary Beckerle as independent members of the board. Sabin has been a member of the board since January 2025. He has more than four decades of leadership in capital markets and asset-intensive businesses. He previously served as chairman and CEO of Excel Realty Trust and Excel Trust, and as founder and chairman of Sabin Holdings, an Asia-Pacific-focused real estate investment firm. He has served on the boards of public companies, including CareTrust REIT and Extra Space Storage, and nonprofits, including the Cystic Fibrosis Foundation, where he served for 20 years, including as vice chairman of the board and chairman of the executive committee. Sabin’s education includes a BS in finance from Brigham Young University. Campbell is a physician-executive and former president and CEO of the Cystic Fibrosis Foundation. He has clinical development, patient-registry and translational medicine experience. Over more than two decades at the foundation, including as executive vice president for medical affairs, he oversaw research, drug discovery and development; the accredited care-center network; and the national patient registry. He has more than 25 years of clinical experience in cystic fibrosis at institutions, including Johns Hopkins. Checketts is a chief executive and investor with more than four decades of experience across sports, media, entertainment and private equity. He became president and general manager of the Utah Jazz at age 28 and later served as president and CEO of Madison Square Garden, overseeing its sports franchises and media networks. He

Utah April jobs report: Unemployment unchanged from March

As reporting catches up from delays caused by the recent federal government shutdown, the Utah Department of Workforce Services (DWS) has released its April employment report. And not much has changed. The state’s jobless rate for April stood at 3.8 percent, unchanged from March. That number means approximately 69,200 Utahns remain outside the job market. Meanwhile, the U.S. Bureau of Labor Statistics in Washington, D.C., reported the national unemployment rate at 4.3 percent, also the same as March. Utah’s nonfarm payroll employment for the month showed an increase of about 0.6 percent across the previous 12 months, with the state’s economy adding a cumulative 11,100 jobs since April 2025. Utah’s current job count stands at approximately 1,781,800. “We are seeing a mixed economic picture. On one hand, job expansion is outpacing the nation and unemployment is low,” said Ben Crabb, chief economist

with the Department of Workforce Services. “On the other, labor force growth is flat, and hesitation from employers to expand their headcount signals a cautious approach to the future.” Utah’s April private-sector employment recorded a year-over-year expansion of 0.8 percent, or a 11,900-job increase. Five of the 10 major private-sector industry groups posted net year-over-year job gains. The overall gains were led by professional and business services (up 8,600 jobs), education and health services (up 6,700 jobs), and financial activities (up 2,500 jobs). Leisure and hospitality (down 4,100 jobs), manufacturing (down 1,100 jobs) and natural resources (down 800 jobs) experienced the largest year-over-year job losses. Additional information and analysis on Utah’s employment situation, including county-by-county statistics, are available at the DWS website, jobs. utah.gov.

subsequently served as chairman and CEO of Legends Hospitality, managing partner of Checketts Partners Investment Management, and was a founding board member of JetBlue Airways. Beckerle is a cancer biologist and scientific leader who served as CEO of Huntsman Cancer Institute from 2006 to 2025. She is distinguished professor of biology and oncological sciences at the University of Utah. She joined the UofU faculty in 1986 and has conducted research on cell adhesion, migration, invasion and metastasis. She serves on the boards of Johnson & Johnson and Exelixis, is an elected member of the National Academy of Sciences, and has served on the advisory committee to the director of the National Institutes of Health. • Route 92 Medical Inc., a West Jordan-based medical technology company aiming to improve outcomes for patients undergoing neurovascular intervention, has appointed Raj Denhoy as chief financial officer. Denhoy has more than 25 years of experience in medical techRaj Denhoy nology, both as a CFO and as an equity research analyst. He joins Route 92 Medical from Establishment Labs Holdings Inc., where he served as CFO for five years and was responsible for finance, strategy and investor relations. Denhoy was previously a managing director and senior medical device equity research analyst with Jefferies LLC, and held medical device equity research analyst positions with banks, including J.P. Morgan Securities LLC and Piper Sandler & Co.

HOSPITALITY

• Goldener Hirsch, Auberge Collection, and The Lodge at Blue Sky, Auberge Collection, have appointed Romain Fournel as regional executive pastry chef,

overseeing all pastry operations across both Park City properties. He will set the pastry direction for both resorts, overseeing menu development for restaurants and banquets while creating eleRomain Fournel vated guest experiences. Fournel has more than two decades of international experience across luxury hospitality, high-volume production, artisan chocolate and culinary research and development.

MANUFACTURING

• Merit Medical Systems Inc., a South Jordan-based manufacturer and marketer of medical devices used in interventional, diagnostic and therapeutic procedures, has announced that shareholders elected Scott R. Ward to the company’s board of directors at Merit’s anScott Ward nual meeting of shareholders. Ward was elected to serve a three-year term. The Merit board has appointed him to serve on its Governance and Sustainability and Finance and Operating committees. Ward has more than 40 years of experience in the healthcare and medical device industry, including nearly three decades at Medtronic, where he held senior leadership roles, including senior vice president and president of the cardiovascular, neurological and diabetes businesses. He most recently served as CEO, president and chairman of Cardiovascular Systems Inc. Ward also is the founder of Raymond Holdings, a firm focused on venture capital, strategy and advisory services for medical technology and life sciences companies, and has served on numerous public and private company boards.

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12 | June 1, 2026

SALT LAKE BUSINESS JOURNAL

INDUSTRY BRIEFS Industry Briefs Company news information may be sent to brice.w@thecityjournals.com.

ADVISORY

• Tanner, a Salt Lake City-based independent accounting and advisory firm offering audit, tax and consulting services, has launched a new AI & Business Systems Advisory practice focused on helping organizations improve operations, optimize systems, and make smarter technology decisions as they grow. The new practice will support organizations with ERP selection and optimization, workflow automation and integration, AI readiness, process improvement, data strategy and broader technology advisory services for growing and middle-market companies. The practice will initially focus on ERP advisory and optimization, including NetSuite environments, while also helping organizations explore practical applications for automation and AI within their existing operations. The new practice will be led by Aaron Clark, a consultant with extensive experience in ERP systems, automation, process improvement and operational transformation. Before joining Tanner, Clark founded The Accounting Nerd LLC and co-founded Emerson Winchester LLC, where he advised organizations on ERP consulting, business systems strategy, automation and process improvement initiatives. He also previously served as a technology consulting manager.

BANKING

• D.L. Evans Bank, based in Idaho, has announced the groundbreaking for its 40th bank branch, to be at 2225 N. Main St., North Logan. Construction on the full-service location is expected to begin in June and be completed in late 2026. The North Logan location will be the eighth D.L. Evans Bank branch in Utah. The public is invited to the groundbreaking ceremony, set for 11 a.m.-1 p.m. June 9. D.L. Evans Bank has 39 branches across Idaho and Utah and assets exceeding $3.4 billion.

COMMUNICATIONS

• A completion ceremony will take place June 2 in Navajo Mountain to mark the final major milestone in Utah’s effort to bring high-speed fiber connectivity to nearly every public school, including those in the most remote areas of the state. The ceremony will be at Navajo Mountain High School and will feature a demonstration by Emery Telcom of fiber installation technology, along with remarks from local school, tribal and community leaders and a cer-

emonial ribbon “splicing.” The connectivity will impact not only the high school but also the entire community, improving telehealth, library and educational access for all residents. It reflects years of coordination across federal, state, tribal and local partners to deliver critical infrastructure to the Navajo Mountain community.

CORPORATE

• BlueWind Medical Ltd., a medical device company with global headquarters in Israel and a U.S. corporate and commercial office in Park City, has closed $47.8 million in financing through a combination of equity and debt. Proceeds from the financing will be used to further commercialization efforts for its Revi System, including the continued expansion of the company’s commercial sales organization and ongoing investment in market access initiatives that broaden patient and provider access to the therapy. Revi is a device designed for the treatment of urgency urinary incontinence.

ECONOMIC INDICATORS

• Seventeen percent of Utah homeowners who want to sell are unwilling to do so because they want to hold onto the lower 30-year mortgage rate they secured previously, according to a survey by real estate platform Calgary Homes. That equates to an estimated 6,634 homes effectively caught in mortgage-rate limbo. The research looked at how many homeowners would like to sell, downsize, relocate or buy a more suitable home, but are choosing not to because they do not want to give up their existing mortgage rate. Details are at https://calgaryhomes.ca/blog/homeowner-mortgage-opinion-survey.html.

EXPANSIONS

• Swig, a Lehi-based beverage brand, has signed a multi-unit franchise agreement with operators Alex and Alan Knox, a father-and-son team, to bring the brand to Colorado Springs, Colorado. The 10-unit deal will mark Swig’s entry into that state. The first location is expected to open by the end of 2026. The Knox team has a background in franchising and restaurant operations. Alan Knox began his career in the restaurant industry shortly after college, where he developed a foundational understanding of franchising and day-to-day operations. Alex Knox built his career across both the restaurant and corporate sectors, with experience in sales and leadership roles within restaurant groups, and currently works within the venture capital space. Founded in 2010 in St.

George, Swig has more than 150 locations across 16 states.

HEALTHCARE

• Co-Diagnostics Inc., a Salt Lake City-based molecular diagnostics company, recently announced that it has entered into a securities purchase agreement with certain institutional investors to sell an aggregate of 1,647,447 shares of common stock, together with warrants to purchase up to an aggregate 3,294,894 shares of common stock, in a private placement priced at-the-market under Nasdaq rules. The combined effective offering price for each share of common stock (or pre-funded warrant in-lieu thereof) and accompanying warrants to be issued was $1.821. The warrants had an exercise price of $1.571 per share, exercisable immediately upon issuance, and will expire five years from the date of issuance. The gross proceeds to the company from the offering was estimated to be approximately $3 million before deducting the placement agent’s fees and other estimated offering expenses. Maxim Group LLC acted as the sole placement agent in connection with the offering. • Six Utah companies are part of the 2026 cohort of Innosphere’s Life Sciences Incubator, featuring 38 startups advancing solutions across biopharma, digital health, diagnostics, medical devices, therapeutics and other life sciences fields. They are GastroInnovations, Sonovis Therapies, NanoKar Therapeutics, Theralytics, DigiBeat and Navapath. The 2026 cohort draws companies from across nine states and two foreign countries. The Innosphere program is supported by the U.S. Economic Development Administration (EDA) Build to Scale Grant. Innosphere will support the cohort with hands-on development, strategic mentorship and investor connections, culminating in a national showcase event in December. Innosphere is a nonprofit organization with a 27-year history of success in its mission to grow the region’s entrepreneurship and innovation ecosystem.

INVESTMENTS

• Lockheed Martin, a Maryland-based global defense technology company, has announced a $25 million investment in Fortem Technologies, a Lindon-based company focused on airspace security. The investment, which represents the initial tranche of Fortem’s Series B fundraising round, will enable Fortem to accelerate production at scale and enhance deployment within Lockheed Martin’s Sanctum counter-UAS (unmanned arial systems) ecosystem.

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By embedding Fortem’s AI driven detection, tracking and neutralization technology within the Sanctum suite, the U.S. and allied partners gain an instantaneous “killchain” that can suppress drone swarms before they become a kinetic risk. Lockheed Martin said the investment will enable Fortem to at least double manufacturing capacity and create new jobs at its production facility in Lindon. • Rasa Legal, a Salt Lake City-based legal technology company enabling eligible people to clear their criminal records, has announced that NextLadder Ventures has invested $1 million in the company as part of Rasa’s previously announced $5 million late seed funding round. NextLadder Ventures is a newly launched initiative backed by more than $1 billion in capital focused on advancing solutions that expand economic opportunity through personalized, technology-enabled support. The investment supports Rasa Legal’s continued national expansion as the company scales its platform to help more Americans determine eligibility for criminal record expungement and sealing under state law. Rasa Legal has helped more than 30,000 people access their criminal records and understand their eligibility options. The company has successfully cleared more than 5,000 records since launching its platform in 2022.

RECOGNITIONS

• The Salt Lake Chamber celebrated several Utah leaders at its recent “Under One Sky” America250 Utah Awards Gala. Tied to the 250th anniversary of the United States, the gala recognized those who “build bridges across sectors, steward opportunity with integrity and create networks that drive lasting progress for generations to come.” Award recipients are Under One Sky Award, The Larry H. Miller Co.; Steward of the Sky Award, Intermountain Health; Milky Way Award, Huntsman Family Foundation; United Star Award, Natalie Gochnour, director of the Kem C. Gardner Policy Institute and associate dean at the David Eccles School of Business at the University of Utah; Constellation of Connection Award, Christian Gardner, CEO and chairman, Gardner Group; North Star Award, Fred Lampropoulos, founder, Merit Medical Systems Inc.; North Star Award, Lavanya Mahate, founder, Saffron Valley and RISE Culinary Institute; and Guiding Light Award, Wayne Niederhauser, Utah Homeless Coordinator (retired), State of Utah. The gala also recognized Utah businesses and organizations that have operated for more than 100 years.

June 1, 2026 | 13

SALT LAKE BUSINESS JOURNAL

INDUSTRY BRIEFS Industry Briefs • Sorenson Communications, a Salt Lake City-based provider of accessible communication services for deaf, deafblind and hard-of-hearing communities, has been named to the second annual Forbes Accessibility 200 list. The recognition highlights organizations around the world that are driving innovation and advancing accessibility through products, services and technologies that improve the lives of people with disabilities. The Forbes Accessibility 200 list was compiled with the assistance of a 12-member expert advisory board from around the world and includes the top 200 global impact-makers in accessibility-related fields, including communication, mobility, education, software, consumer products, robotics, sports and recreation, travel, the workplace, entertainment and more. Listees represent 23 countries on six continents. Sorenson Communications has accessible communication offerings that serve both consumers and organizations, including Video Relay Service (VRS), Virtual Sign Language Interpreting (VRI), in-person sign language interpreting, captioning services, AI Sign Language Translation, and other innovative technologies. • Lumea, a Lehi-based company focused on primary clinical digital pathology, has been named the winner of the “Best New Biopsy Technology Solution” award in the 2026 MedTech Breakthrough Awards program. The annual program, now in its 10th year, received more than 5,000 nominations from digital health and medical technology companies worldwide. MedTech Breakthrough is an independent market intelligence organization that recognizes the top companies, technologies and products in the global digital health and medical technology market. Lumea was selected from thousands of competing entries based on innovation, design, performance and overall market impact. • The Picklr, a Kaysville-based indoor pickleball brand, has been named to the inaugural Time100 Companies: Industry Leaders 2026 list, a new shortlist for the annual Time100 Most Influential Companies list, highlighting 200 companies making an extraordinary impact in their industries. One of only 10 companies selected in the “Wellness” category, Picklr was recognized for its impressive growth, cultural impact and industry leadership. Since opening its first location in 2021, the company has expanded from a single facility to more than 69 open clubs nationwide, five international clubs by year-end, and over 500 additional locations set to open over the next few years. • Ivory Innovations, an operating

foundation and research center based at the University of Utah, has unveiled the winners of the 2026 Ivory Prize for Housing Affordability, the organization’s annual award recognizing the most innovative, feasible and scalable solutions addressing the nation’s housing affordability crisis. The Ivory Prize evaluates submissions across three categories: Construction & Design, Policy and Finance. The winners of the 2026 Ivory Prize are TradesFutures in the Construction & Design category; co-winners City of Chattanooga and City of New Rochelle (New York) in the Policy category; and the City of Boston in Finance. The winners and runners-up were selected from a field of more than 200 nominations and 25 finalists. • Spherion Staffing and Recruiting in Utah, locally owned and operated by Tim and John Larsen, earned three of the company’s top national honors, including the President’s Award, On-Premise of the Year and Rookie of the Year, at the 2026 Spherion National Meeting. The awards recognize the team’s exceptional growth, performance and impact across the state. The Larsens and their team were celebrated for the impact they’ve made on businesses and job-seekers across Utah in their first year of ownership. The strong overall performance earned the President’s Award, while their efforts supporting a major on-site workforce and becoming a trusted, go-to partner drove their On-Premise of the Year win. In addition, their rapid success and strong leadership in their first year of ownership secured Rookie of the Year honors. In addition to the team’s recognition, Leina Jaramillo, Spherion of Utah’s director of professional recruiting, was honored as a Top Direct Hire Producer, recognizing her performance in connecting local businesses with top professional talent. • LifeWave, a Draper-based company offering non-transdermal patches and a portfolio of wellness innovations, has announced that its documentary film “Code of Creation” received two Silver Telly Awards as part of the 47th Annual Telly Awards program. Established in 1979, the Telly Awards are highly prestigious in the video and television industry and are judged by leaders from top media, production and entertainment organizations worldwide. Directed by Mikki Willis, “Code of Creation” blends scientific inquiry with cinematic storytelling as it follows LifeWave’s founder and CEO, David Schmidt, alongside a team of scientists exploring biological, mathematical and natural patterns connected to human potential and wellness.

Dream comes true: Wasatch Food Co-op opens in Salt Lake’s Liberty Wells neighborhood John Rogers Salt Lake Business Journal Parking spaces were certainly at a premium around 400 East and 900 South as Salt Lake City’s first community-owned grocery store launched. Wasatch Food Co-op opened its doors on May 20 and by all indications, it’s going to be a roaring success. The culmination of nearly three decades of dreaming and planning, the food outlet welcomed hundreds of first-day shoppers to its historic location on the Milk Block in the city’s Liberty Wells neighborhood. Managers stood at the front door, allowing new shoppers from a line down the block to enter only as others left due to space limitations. Following a grand opening ceremony that included remarks from co-op leadership and Mayor Erin Mendenhall, followed by a native blessing, the first patrons rushed in to find newly stocked shelves with most of the items available in regular grocery stores, many of which are sourced from local producers. Interim General Manager Garland McQueen said the co-op has pledged that at least 20 percent of its stock will be locally sourced and that 80 local suppliers had products on the shelves on opening day. McQueen said typical bigbox grocers rely on only about 5 percent of their vendors to be local. Opening day shoppers were treated to samples of food and other products offered by the co-op, along with live music and free coffee. Wasatch Food Co-op is the result of the efforts of a group of local citizens that began work toward opening the store in 2009. They envisioned a neighborhood

grocer, founded with the mission of providing affordable, local food while fostering a stronger, more resilient community. Co-op grocery stores have been around since the middle of the 20th century. They operate on a member-owner business model, where members have a voice in how things are run — even having input into what the market stocks. Any profits are either reinvested in the store or local community or paid back to member-owners as dividends. Wasatch Food Co-op began soliciting member-owners shortly after the grassroots concept was hatched in 2009. The coop’s board reports that the campaign has reached about 2,250 members, surpassing its initial 2,000-member goal. Memberships are still available, which bring annual dividends (when the store becomes profitable), specials and discounts in the store and a vote on store operations. Co-op shoppers will find shelves of dry goods, a produce section and refrigerated dairy cases, plus a “grab-and-go” case for quick meals and a fresh coffee bar. There is a pastry case and a grinding station to make fresh peanut and almond butter. The bulk food racks feature more than products, including herbs and spices; dry goods such as rice; and liquids like vinegar, syrups and honey. And just like the big guys, there’s a greeting card rack at the front of the store. If there’s something you can’t find that you feel needs to be included in co-op offerings, there’s a request form on the store’s website, wasatch.coop. Vendors can also sign up there to be considered as a supplier. Wasatch Food Co-op is located at 416 E. 900 S. in Salt Lake City and is open daily from 8 a.m. to 8 p.m.

Shoppers lined the aisles most of the day waiting to check out during Wasatch Food Co-op’s grand opening in Salt Lake City’s Liberty Wells neighborhood. (John Rogers/ Salt Lake Business Journal)

14 | June 1, 2026

SALT LAKE BUSINESS JOURNAL

CALENDAR Calendar Information about upcoming events may be sent to brice.w@thecityjournals.com.

June 1, 6-9 p.m.

“Begin Again: An Evening of Networking & Inspiration with Tech Leaders,” hosted by the Women Tech Council and AI Collective SLC and featuring a candid, unfiltered conversation with executives shaping the Utah tech scene. Register to see address in Salt Lake City. Free, but RSVP is required. Registration can be completed at https://luma.com/aic-sl-6-1.

June 2, 10 a.m.

“Business 101: Essential Steps for New Entrepreneurs,” a Women’s Business Center of Utah event that takes place online. Free. Details are at wbcutah.org.

June 2, noon-1 p.m.

“Bites & Insights” Lunch, a ULI (Urban Land Institute) Utah event. Location is Hunt Electric Technology Building, 1811 Alexander St., Salt Lake City. Free. Details are at https://utah.uli.org/events-2.

June 3, 9-10:30 a.m.

“Starting Your Business 101,” a Small Business Development Center event that takes place online. Details are at https:// clients.utahsbdc.org/events.aspx.

June 3, 5-7 p.m.

“Business After Hours,” a Salt Lake Chamber event. Location is Utah Museum of Contemporary Art, 20 S. West Temple, Salt Lake City. Cost is $20 for members and $40 for nonmembers. Details are at slchamber.com.

June 4, 8 a.m.-1 p.m.

UrbanPlan Workshop – Southern Utah, a ULI (Urban Land Institute) Utah event featuring interactive simulation that places participants in the role of real estate developers responding to a fictional RFP to redevelop a 5½-block site in the city of “Yorktown” and craft a redevelopment proposal that balances community interests, political pressures and economic realities. Location is St. George City Hall at Town Square, 61 S. Main St., St. George. Details are at https://utah.uli.org/events-2.

June 4, 9-10:30 a.m.

“Sweets & Strategies,” a Women’s Business Center of Utah event. Location is Roots Coffee, 774 S. 300 W., Salt Lake City. Free. Details are at wbcutah.org.

June 4, 9:30 a.m.-noon

“DisruptHR Salt Lake City 9.0,” featuring 10 speakers (five minutes each) and panel discussions. Location is The Rooftop, 139 Hunter’s Grove Lane, Lehi. Cost is $79.95. Details are at https://lnkd.in/ gneBhsrU. Registration can be completed at Eventbrite.com.

AI Innovation Summit, a Women Tech Council event with the theme “AI Won’t Wait.” Event features a look at the AI-driven economy; trend insights reshaping companies, jobs and the talent landscape; panels and TED-style talks from practitioners in the field; and practical AI tools that can be used starting the same day you open your laptop. Location is Show Barn at Thanksgiving Point, 2975 S. Thanksgiving Way, Lehi. Cost is $35. Details are at https://luma.com/kw52czd1.

June 3, 11:30 a.m.-1 p.m.

June 4, 4:30-6:30 p.m.

June 3, 10 a.m.-3 p.m.

Wasatch Back Business University, a Park City Chamber/Bureau event with the theme “The Resources You Never Knew You Had: Utilizing SBA Programs, Funding and Free Business Support.” Location is Blair Education Conference Center, 900 Round Valley Drive, Park City. Details are at https://www.parkcitychamber. com/events/.

June 3, 11:30 a.m.-1 p.m.

“Lunch and Learn: Digital Advertising,” a West Jordan Chamber of Commerce event. Location is Legacy Retirement Center, 1617 Temple Lane, South Jordan. Details are at westjordanchamber.com.

June 3, 11:30 a.m.-1 p.m.

Business Alliance, a Davis Chamber of Commerce event. Location is Boondocks Fun Center, 525 Deseret Drive, Kaysville. No RSVP needed. Free. Lunch available for purchase. Details are at davischamberofcommerce.com.

“Make Your Point. Make It Matter,” a Women in Tech & Science (WITS) event. Speaker Katherine Matsumoto will discuss the power of storytelling. Location available upon registration. Event is open to anyone who supports women in STEM. Details are at https://luma. com/4s98v52f.

June 5, 8:30-11 a.m.

Best of Davis County Awards Celebration, a Davis Chamber of Commerce event. Location is Young Automotive Headquarters, 613 W. 500 N., Layton. Details are at davischamberofcommerce.com.

June 7-9

“Beyond26,” presented by Pax8, which is unveiling a go-to-market system for the digital workforce economy — moving beyond AI experimentation to actual monetization. Keynotes will feature company leadership outlining how partners have now become the last mile of

intelligence for SMBs. Location is Salt Palace Convention Center, 100 S. West Temple, Salt Lake City. Cost is $499. Details are at https://www.pax8beyond. com/.

June 9, 8-10:30 a.m.

“The Founder’s Blind Spots: Where Legal, Tax and Wealth Planning Actually Break Down,” the second event in DBD Investment Bank’s 2026 Executive Event Series. Session brings together legal, tax and wealth planning professionals who specialize in identifying the structural vulnerabilities that most owners don’t know they have. Panel will be moderated by Iliya Zogovic, CEO of DBD Investment Bank. Location is Laurel Brasserie at the Grand America Hotel, 555 S. Main St., Salt Lake City. Registration can be completed at https:// luma.com/u35mo7ir.

June 9, 11 a.m.-1 p.m.

Professional Growth Series, a ChamberWest event. Speaker Nicole Carpenter, director of programs and operations for the Women’s Leadership Institute, will discuss “Conquer Imposter Syndrome: Find Your Strength and Do It Anyway.” Location is Summit Vista, 3390 W. Signal Peak Drive, Taylorsville. Details are at chamberwest.com.

June 9, 11:30 a.m.-1 p.m.

2026 Nonprofit & Small Business Lunch and Learn, a Utah Valley Chamber of Commerce event. Location is Utah Food Bank, 1900 W. 900 S., Springville. Free for members, $10 for nonmembers. Details are at thechamber.org.

June 10, 7 a.m.-3 p.m.

Annual Golf Classic, a ChamberWest members-only event. Location is Stonebridge Golf Club, 4415 Links Drive, West Valley City. Details to be announced at chamberwest.com.

June 10, 10 a.m.

“Marketing Playbook,” a Women’s Business Center of Utah event with the theme “Social Media 101: Building and Maintaining Your Business’ Social Media Presence.” Event takes place online. Free. Details are at wbcutah.org.

June 10, 11:30 a.m.-1 p.m.

“Chamber Connections,” a Davis Chamber of Commerce event. Location is Davis Chamber of Commerce, 450 S. Simmons Way, Suite 220, Kaysville. Details are at davischamberofcommerce.com.

June 10, 11:30 a.m.-1 p.m.

“America250 Let’s Do Lunch,” a

South Valley Chamber of Commerce event honoring America250 and active-duty service members. Speakers are Nicole Handy, executive director, America 250 Utah Commission, Utah Department of Cultural & Community Engagement; and Steve Rosenvall, CEO, Alpha Warranty Services Inc. Location is Swire Coca-Cola USA, 12637 S. 265 W., Draper. Cost is $23 for members, $35 for nonmembers. Details are at southvalleychamber.com.

June 10, 5-7 p.m.

“Business After Hours,” an Ogden-Weber Chamber of Commerce event. Location is Jo Jo Bowls, 252 25th St., Ogden. Free for members and firsttime guests, $35 for nonmembers. Details are at ogdenweberchamber.com.

June 10, 6-7:30 p.m.

“Online Marketing Fundamentals,” a Small Business Development Center event that takes place online. Details are at https://clients.utahsbdc. org/events.aspx.

June 11, 8:30 a.m.-5 p.m.

“Employer Tax Workshop,” a Small Business Development Center event. Location is Salt Lake SBDC at Salt Lake Community College. Cost is $24. Details are at https://clients.utahsbdc. org/events.aspx.

June 11, 8:30 a.m.

Women in Business Breakfast, a South Salt Lake Chamber of Commerce event. Speaker Cherie Wood, mayor of South Salt Lake, will discuss “People-Centered Leadership.” Location is Salt Lake Culinary Education, 2233 S. 300 E., Salt Lake City. Cost is $15 for members, $20 for nonmembers. Details are at sslchamber.com.

June 11, 9-10:30 a.m.

“Sweets & Strategies,” a Women’s Business Center of Utah event. Location is Roots Coffee, 51 N. 100 W., Payson. Free. Details are at wbcutah.org.

June 11, 11:30 a.m.-1 p.m.

Women in Business Summer Social and Luncheon, a Davis Chamber of Commerce event. Location is Layton Commons Park, 437 N. Wasatch Drive, Layton. Cost is $23 for members, $35 for guests. Details are at davischamberofcommerce.com.

June 11, 6-8 p.m.

“Business Essentials,” a Small Business Development Center event that takes place online. Details are at https:// clients.utahsbdc.org/events.aspx.

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SALT LAKE BUSINESS JOURNAL

Podium34 Olympic fundraising drive progressing nicely

PUBLIC NOTICES

Tom Haraldsen Salt Lake Business Journal When the Organizing Committee for the 2034 Olympic and Paralympic Winter Games announced its Podium34 campaign last fall, it set an ambitious goal of raising $300 million before the start of the Games. So far, so good. Thanks to the commitment of $200 million pledged from 22 individuals and/or corporations to kick off the campaign, momentum remains strong. “We’re at about $250 million right now,” said Tom Kelly, Communications Lead for Olympic and Paralympic Games Utah 2034. “We’re definitely on track for our goals, and so far, it’s been widely successful.” “The Games have an extraordinary power to unify,” said 2034 President and Executive Chair Fraser Bullock at the September launch event. “This is the first time a host for the Olympic and Paralympic Games has seen anything like this. We are deeply grateful to our donors for making this possible. Their leadership is a vital part of our commitment to host financially successful Games.” Four-time Olympian and Utah resident Catherine Raney Norman created the program, which attracted nine designated Founding Captains who each committed $20 million. They are like a “who’s who” list of philanthropic Utahns, including The Daniels Fund, the George S. and Dolores Dore Eccles Foundation, the Robert H. and Katherine B. Garff Foundation, the Huntsman Family Foundation, Maverik, the Larry

BUSINES S JOURNA

SLBusines

sJournal.c

INSIDE

September

LEHI Legend Boxin g adds new gym companies

8, 2025 |

Volume 2,

Issue 52

Page 4 SOUTH JOR DAN Luxury car deale rship honored Page 5 SPRINGVILL E State’s first Buc-e e’s coming to Art City Page 6 Innovate

Utah Page 11 Industry Briefs Page 13 People on the Move Page 14 Business Calendar Page 15

LEGAL NOTICE DEADLINE

Focus

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Real Estate

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d by:

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Bill Gates-b acked for site for Nanuclear energy firm loo king trium reactor in Utah see HEA

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Monday by 5 P.M. week of publication Submit legal notices to: Clientservices@thecityjournals.com

John Roge rs Salt Lake Busine ss Journal

TerraPower, in Bellevue, a nuclear energy develo pment compa Washington, Gates, is lookin ny based and backed plant in Utah. g for a spot to put a nucleaby billionaire Bill r power genera In late Augus ting t, the compa derstanding (MOU) with ny signed a memorandum opment (OED the Utah Office of un) and land the project. developer Flagsh of Energy Develip Cos. to According pursue to the MOU, search for a the three compa potential site nies will togeth energy storag suitable for er the e plant. The nary list by goal is to come nuclear reactor and the end of the up with a prelim year. TerraPower i- This conce seeks to build pt drawing one of its Natriu of TerraPower’s reactor power m reactors generating Wyoming in the Kemmerer, is likely what station, currently under Natrium nuclear when built. the construction Utah’s Office company’s project see NATR near in Utah will memo of Energy IUM page look like Developmen 3 for randum of understandi t is signat the reactor. ng that launc (Photo courte hed the search ory to a sy TerraPower) for a site

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H. & Gail Miller Foundation, the John and Marcia Price Family Foundation, Matthew and Tatiana Prince, and the Ryan and Ashley Smith Foundation. “We had to showcase to the IOC (International Olympic Committee) that we would be financially viable,” Norman said at the launch event. “We knew we couldn’t enter into the commercial market until after the 2028 Los Angeles Summer Olympics. We also knew how incredibly enthusiastic and generous our community is about the Games. I think this showcases how organizing committees are having to reinvent themselves and try new things.” For its part, the IOC doesn’t want to deal with any deficits that organizing committees face after hosting the Games. In April, the IOC ruled out any additional financial support for the Italian organizers of the Milan-Cortina Games, who face a $335 million deficit due to missed revenue targets and increased costs. Those Games saw projected costs of $1.51 million climb to $1.84 billion when final numbers were determined. Podium34 will use money raised for support work of the committee, which consists of eight people but could grow to be as large as 1,500 over the next seven-plus years, as well as for early-impact programs centered on education, youth sports, mental health, arts and culture and community engagement. The effort has already been praised by IOC President Kirsty Coventry, who thanked organizers for creating Podium34. “Your belief, your vision and your leadership are powerful elements of the Utah legacy,” she said.

16 | June 1, 2026

SALT LAKE BUSINESS JOURNAL

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