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Brad Olson has resigned as chief financial officer of Guggenheim Partners, in order to join cloud-based enterprise software company Mezocliq as its first-ever president, Axios has learned. He has been with Guggenheim since late 2011, after stints with Nomura Securities, Merrill Lynch and Citigroup.

Why it matters: Guggenheim Partners is a massive investment and advisory firm, with more than $260 billion in assets under management. It's led by Mark Walter, who also owns the LA Dodgers, and will promote chief accounting officer Michael Levatino to the CFO role.

Next move: Mezocliq was founded by veteran tech CEO Vikas Kapoor, and focuses on enterprise data governance. Guggenheim, which declined comment for this story, is a client.

Go deeper

"Vaccine tourism" stretches states' supplies

Illustration: Sarah Grillo/Axios

Americans who are highly motivated to get vaccinated are traveling across state lines after hearing about larger vaccine supplies or loopholes in sign-up systems.

Why it matters: "Vaccine tourism" raises ethical and legal questions, and could worsen the racial socioeconomic and racial inequalities of the pandemic.

27 mins ago - Economy & Business

The shift to green shipping

Illustration: Eniola Odetunde/Axios

The world's maritime industry — from ferries to freighters — is trying to navigate a once-in-a-century transition away from fossil fuels to new, cleaner means of propulsion.

Why it matters: International shipping is key to the world's economy, responsible for 90% of global trade. But the vessels burn about 4 million barrels of oil a day, accounting for almost 3 percent of the world's carbon emissions, and regulators are demanding they clean up their act.

Updated 3 hours ago - Politics & Policy

Hours-long reading of 628-page COVID relief bill delays Senate debate

Sen. Ron Johnson. Photo: Stefani Reynolds/Bloomberg via Getty Images

The Senate on Thursday voted 51-50 — with Vice President Kamala Harris breaking the tie — to proceed to debate on President Biden's $1.9 trillion coronavirus rescue package, likely setting up a final vote this weekend.

The state of play: Sen. Ron Johnson (R-Wis.) forced Senate clerks to read the entire 628-page bill on the floor, which took nearly 11 hours and lasted until 2:04 a.m. on Friday. The Senate is set to return at 9 a.m. to debate the bill before considering amendments, which could drag into the weekend.