Category Archives: Business Leaders

Canadian Businessman Louis Chenevert – A Life Well Lived

Posted on 11 July, 2018 in Business, Business Leaders, Industry, Investment Expert, Investor

The world has a way of recognizing excellence. Louis Chenevert has lived an interesting life. His career has spanned General Motors to the CEO of United Technologies. Even more interesting is how he achieved so many things. For one, his philosophy is that it does not matter where one starts out in life. What matters is where a person ends up. Louis Chenevert always knew, even from an early age, what he wanted. He was also endowed with the drive and skills to accomplish his goals.

 

The truth is Chenevert was not born with a silver spoon in his mouth. He achieved by working hard and being totally determined to succeed. His childhood, growing up in Montreal, was normal by any standard. Hi did, however, develop a keen interest for business and entrepreneurship at a young age. He somehow knew that hard work and boundless dedication would result in success.

 

His desire to achieve led him to enroll in the HEC Montreal Business School. He chose production management as his major. Production management is the process and oversight that ensure that a company produces products a high speeds, and with quantity and quality. Production management is critical for any company’s success. This is one of the areas that Chenevert focused on during his entire career. His expertise in production management led to a position at General Motors. He made his mark there for 14 years and then decided it was time for a change.

 

His next move was Pratt & Whitney. Pratt & Whitney is a business unit within United Technologies Corporation. The company produces aircraft engines. It only took Chenevert three years to receive a promotion to President. He brought the company back to a level of profitability. While the market as a whole experienced a downturn at that time, he kept his company afloat.

 

Chenevert then moved on to United Technologies Corporation where he served as Chairman. It was here that his dream of a geared turbofan engine materialized. His company, over the years, would invest close to $10 billion in development and design of the geared turbofan engine. It paid off, and the development put P&W back on the map. His success is also due to his ability to develop small teams of talented engineers and technicians. This is how to produce the type of result that exceeds customer expectations. This can lead to profitability.

 

http://www.utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx

Tony Petrello donates to a neurological research center

Posted on 05 July, 2018 in Business Leaders, Investor

Tony Petrello, the CEO of Nabors Industries, is a generous philanthropist. While many people know him for great achievements in the oil and gas drilling sector, there is another area that he is showing great result too. His dedication to helping needy causes in Texas is outstanding. He has been giving donations to various initiatives, but there is one that stands out from the rest. His support of neurological health in children is the most significant cause that he is pushing for. His decision to support this cause was necessitated by the lack of research or any available treatment methods for children. He experienced it first-hand when he was looking for medical assistance for his daughter. As a known problem solver, he could not understand why no research work was being done to facilitate treatment of the little ones.

Tony Petrello took up the initiative of being the solution provider. He approached Texas Children’s Hospital which had a facility that was under development that was supposed to be a research Centre for children suffering from neurological disorders. The Jan and Dan Duncan Neurological Disorder was still in its early stages of development and was slowly growing due to lack of enough funds. When Tony Petrello learned about the status of this facility, he decided to use it as the solution for neurological problems in children. He promised to support the facility meet its goals by providing a donation of $5 million and a pledge of another $2 million later.

Tony Petrello and his wife has taken the matter seriously and have vowed to support it to the end. They now co-chair the committee which leads fundraising programs for the facility. Over $500 million has been raised for this facility. They hope that the research center will develop into a world-class health facility that will cure all the neurological disorders that children develop especially at birth. Tony Petrello and his Dedication to Philanthropic Causes.

Tony and Cynthia have a daughter named Carena who is currently suffering from a neurological disorder known as periventricular leukomalacia (PVL). They hope that the research work which is ongoing in this facility will bring a solution for the condition their daughter suffers from.

For details: www.crunchbase.com/person/anthony-petrello#/entity

Sheldon Lavin Continues to Oversee OSI Group’s Growth

Posted on 02 June, 2018 in Business Leaders, OSI Group

Currently, OSI Group is among the oldest supplier of food products. However, its name never gets old. Over the past 100 years, the company has continued to beat all the odds when it comes to the supply of food products. OSI’s success is influenced by the likes of Sheldon Lavin who serves as the CEO. Sheldon Lavin has continued to drive the company towards incredible margins for over four decades. His contributions to the food industry can never go unnoticed.

OSI Group started as a butcher shop and meat market in Oak Park built by Otto Kolschowsky in 1909. Otto was among the German-immigrant living in Chicago and took the opportunity to try his new venture. Otto’s business started to experience significant growth in the early 50’s when McDonald’s opened its first franchise under Ray Kroc. Otto & Sons, as named then was tasked with supplying Ray’s business with hamburger patties.

In the early 70’s, Otto & Sons opened a specialized facility dedicated to McDonald’s. Despite a great deal with McDonald’s, Otto’s company was still supplying for the local restaurants and market. To seek growth, Otto & Sons changed into OSI Group in 1975. It went ahead to expand its market to Brazil, Taiwan, Austria, Germany and Spain.

Over and over again, OSI Group has made it to the headlines with strategic moves meant to influence its growth. One of the company’s top objective is to supply safe food products around the world, and Sheldon has remained truthful to the aim. In 2014, OSI got into a joint venture with Pickstock. The partnership was beneficial to Sheldon Lavin and his team because it opened channels to expand supplies in Europe.

In 2016, OSI acquired Tyson, a production plant in Chicago. The acquisition was timely and beneficial to OSI Group because it was close to another one of theirs. The plant is broad enough hence providing more space for OSI’s operations. According to the Chicago Tribune, the plants was acquired at $7.4 million and was worth. In the same year, OSI also acquired the Baho Food’s controlling stake, and this gave it a wider reach in Europe. Baho Food supplies a wide number of food hence a perfect choice for OSI Group.

Also, in 2016, OSI Group went ahead and acquired Flagship Europe. Flagship is known for its presence and continuous supply of frozen poultry and sauces throughout Europe as well as the UK. Flagship was looking for resources to grow and OSI provided a perfect opportunity. In the move to grab the German’s market, OSI Group acquired Hynek Schlachthof GmbH, a slaughterhouse based in Tauberbischofsheim. The slaughterhouse is close to Frankfurt hence perfect to meet OSI’s urge to grow its markets in Germany and Europe.Sheldon Lavin has also contributed much to its growth.

To know more click: here.

How Roberto Santiago’s Real Estate Ventures have benefited the People of Joao Pessoa.

Posted on 11 May, 2018 in Business, Business Leaders

Roberto Santiago was born and bred in Joao Pessoa, the capital city of Paraiba State in Brazil. He was lucky to acquire a decent high school education and later joined Pio X-Marist College. After graduating from college, he wanted more and thus enrolled for an undergraduate degree in business administration at the University Centre of Joao Pessoa. After getting his degree, Roberto entered the corporate world getting his first job at Café Santa Rosa, a renowned manufacturing company. He worked for a while but felt the need to challenge himself even more. He called it quit and started Cartonnage, a firm that created cartons from cardboards.

 

After much success in his first taste in business, Roberto Santiago made a bold move and decided to venture into real estate. He purchased a prime piece of land in the city center, and the idea to build a shopping facility came to mind. He immediately commenced construction, and after two years, Manaira Shopping Mall opened its doors to the public. Since then, the mall has been expanded several times and is today one of the attraction sites of the city. It hosts over 280 shopping stores with a theater area, gym, food court, a college, and an area with financial institutions.

 

The Mall has one of the busiest public rooms in the city of Joao Pessoa, the Domus Hall situated on the rooftop. The open space is ample enough to host conferences, graduation ceremonies, weddings, and exhibitions. The hall has a capability of accommodating four thousand seated guests, and if the event does not require seats, it can hold more than ten thousand standing individuals. Due to demand Roberto has ensured space is fitted with air-conditioners, high tech music systems, and soundproof walls to attract a broader clientele.

 

Manaira Shopping Mall has been improved over the years to reach the standards of other upcoming centers. It has added a gaming area that is suitable for both children and adults. The gaming area covers over 18000 feet with around two hundred slots and betting machines that meet all the standards. The area also hosts eateries favorable for all customers’ preferences and tastes. With the enormous numbers of customers visiting the mall every day, it has a large parking lot that can hold more than 3000 cars at a time. When Roberto Santiago was choosing the location of the mall, he considered the great view of the beach that is in the vicinity.

 

Roberto Santiago is also the proprietor of the Mangabeira Shopping Center. The center is just a continuation of Manaira as it also brings the same substantial and diverse financial effects to the communities surrounding it. With the two malls, Roberto has greatly benefited the people of Joao Pessoa. They have created numerous jobs and he remains a role model to many upcoming entrepreneurs.

 


An Overview of Sahm Adrangi’s Report on Eastman Kodak Company Rise

Posted on 19 April, 2018 in Business, Business Leaders, Entrepreneur, Investment Bankers, Investment Management

Sahm Adrangi is the chief investment officer at Kerrisdale Capital Management. He lives in New York City, and is aged 33 years. Sahm has a degree from Yale University in Bachelor of Arts in Economics. Before he founded this excellent company, Kerrisdale Capital Management, Sahm Adrangi was an investment analyst in Longacre Fund Management for some time. During that time, he would conduct investment research and analysis for equity fund and credit fund. Earlier on, Sahm Adrangi also worked with Chanin Capital Partners in the bankruptcy-restructuring group. Here, Chanin Capital Partners, Sahm Adrangi helped in advising the creditors, represented bank debts holders, equity committees, and bondholder committees. Where he currently works, Kerrisdale Capital Management, they are committed to the long-term value of investments and focus on the special situations. The company leads in emerging investment approaches to broaden the investments communities.

In recent news, there has been a striking report made by Sahm on the issues regarding Eastman Kodak Company. The published report explains the short rise in stock by 187 percent of the Eastman Kodak Company, commercial imaging, and printing company. This rise has rendered the shares to rise, which may not benefit the shareholders. Sahm Adrangi in the report believes that the named company, Eastman Kodak Company, does not have a sustainable capital structure and poor fundamentals. Kerrisdale Capital management has a position in the Eastman Kodak Company and anticipates a benefit if only the shares fall. Sahm says in the report that the strategic advisor and the lead developer of the Eastman Kodak Company are companies that cannot be trusted because of their dubious methods of operation. Kerrisdale is convinced that the result of that announcement was to attempt to eliminate some shareholders. The announcement revealed partnership in launching a block chain and a photo-centric cryptocurrency. Sahm Adrangi insists that the sire of the shares rose on means that were not agreeable or justifiable and this affects the benefits of the Eastman Kodak Company shareholders. The report points out that the members of the board of directors of the Kodak Company had laid strict measures before the announcement was made public.

https://twitter.com/sahmadrangi

OSI Food Group’s Global Dominance in Foodservices

Posted on 17 April, 2018 in Business Leaders, OSI Group

Foodservices has become a necessity for mankind. These plentiful services play a huge role in how people receive their foods. The services also play a key role in how businesses receive foods. What would the world do without foodservices? Well, a large percentage of the world’s population would completely shutdown. Without professional foodservices, restaurants, schools and supermarkets would experience a major loss. OSI Group, a worldwide leader in food services, has grown into a marquee food provider of the 21st century. This company has come a long way over the years. It is a true rags-to-riches kind of story, which started back in 1909.

CEO Sheldon Lavin has helped too take the company into the new frontier. His savviness in business has resulted in the expansion of OSI Group. Lavin just so happened to win the Globe of Honour Award back in 2016. The company has a myriad of innovative factors as well as a myriad of state-of-the-art facilities. OSI Group’s reach is expansive by all means. This company serves just about every continent on planet earth. This huge physical network starts right here in the city of Aurora, Illinois. Being in the Midwest, Aurora is the perfect hub for its headquarters as the services are sent in all four cardinal-directions. Distribution, development, processing and management are handled with true efficiency. Where are the factories and facilities located? In the United States, these entities are located in Iowa, in Illinois, in California, in Wisconsin and in Utah. On a worldwide scale, the entities are located in:

• Germany

• Poland

• The Netherlands

• Japan

• The U.K.

• China

• Brazil

• Canada

• Australia

• Ukraine

• And other locations

There is one thing that is certain, OSI Group has done a phenomenal job of the tasks at hand, and there seems to be no slowing-down in the immediate future.

To know more click: here.

Funds and Charity: The Story of James Dondero and Highland Capital

Posted on 26 January, 2018 in Business Leaders

Highland Capital Management has been able to boast astronomical growth and excellent leadership in the past two decades. Founded in 1993, this firm has been able to offer investors in both the Dallas area and worldwide sound investment strategies to grow their assets and improve funds security for the future. Much of this success can be owed to the founding member of the Highland team, James Dondero. Visit his website at jamesdondero.com.

Dondero started his journey into finance and asset management right out of college. After graduating from the University of Virginia’s McIntire School of Commerce, Dondero joined American Express as a bond analyst. There he learned about how the bond markets worked, and he saw several investment firms play the bond market correctly and create big gains for their investors. Not wanting to miss out on the market highs that bonds were facing in those years, Dondero quit his job at American Express and joined a subsidiary of Protective Life as the Chief Investment Officer. In this position, he was able to successfully manage a fund that had over $2 million in assets, grooming him for a prosperous career in investment finance.

James Dondero wanted to make more of the decisions and become more personal with his investors. The only way that he knew how to do this was to start his own firm. And thus, Highland Capital Management was formed.

View: https://www.crunchbase.com/person/james-dondero

Now Highland Capital is one of the premier investment firms in the Dallas area. James Dondero brought several new and innovative strategies to the forefront that investors in previous decades had only dreamed of. He made collateralized loan obligations one of the investments that clients can take part in. Highland also offers low-cost, alternative investment strategies that can create high profits, such as emerging markets funds and natural resources. The firm focuses primarily on serving clients in the pensions, foundation, endowment, government, and financial institution arenas.

Dondero also makes sure that Highland is an extremely charitable organization. Each year the firm will donate millions of dollars to educational foundations. Since 2012, the firm has also donated over $10 million to the George W. Bush Presidential Library. Going forward, this firm will be able to continue to provide the Dallas area with both investment options and the ability to bring funds and charity. Read more about James Dondero on Bloomberg.com.


James Dondero a Leader of Industry and Philanthropy

Posted on 18 January, 2018 in Business Leaders

James Dondero, the president and co-founder of Highland Capital Management, has a long history and plenty of experience in the world of finance and equities. On top of the responsibilities that come with being President of Highland Capital Management, Mr. Dondero is also Chairman of NexBank Capital, Inc., Cornerstone Healthcare Group Holding, Inc., and CCS Medical, Inc., and a board member of Jernigan Capital, Inc. (NYSE: JCAP), and MGM Holdings, Inc. Read more about James at Crunchbase.

An expert in collateralized loan obligations, Dondero’s company offers a wide array of financial products including, CLO’s, hedge funds, private equity funds, mutual funds, REITs, and ETFs.

In August of 2017, Highland Capital Management decided to venture into the world of real estate investing, funding a luxury apartment complex in the city of Phoenix Arizona.

Mr. James Dondero accomplishments go far beyond the world of finance and equities as he is an accomplished and generous philanthropist, who typically tries to pinpoint his generosity in the local Dallas Texas area. One particularly interesting project took place at the Dallas Zoo. After the death of an elderly hippo, the zoo had decided to close its hippopotamus habitat. Dondero himself donated over a million dollars and was a huge part in raising the 14 million it took to create the aptly named Highland Capital Lodge, which visitors can use to view hippopotamus, in a truly remarkable display.

Visit: http://www.jamesdondero.com/bio/

James dondero is a true example of an entrepreneur and financial genius whose interests have led to the betterment of countless charities and good causes. If many of the world’s CEOs and leaders of Industry took a lesson from Mr Dondero generally the world would be a better place. Learn more about James Dondero at Affiliate Dork.


Anthony Petrello philanthropic works

Posted on 07 November, 2017 in Business, Business Leaders

When Anthony Petrello welcomed his daughter Carena into this world, he never hoped that he would undergo through the challenges that he has seen. He hoped that his daughter would be a great person leading normal life like any other normal person today. However, this was not to be true. His daughter was born with a medical condition that has made his life hard and almost unbearable. Carena was born with a neurological disorder that prevented adequate transfer of blood into his brain. The result was that his brain was getting low amounts of oxygen that would not facilitate normal body operations. The problem, deteriorated later after she developed another condition known as Cerebral Palsy. This is a condition that has made her unable to make normal body motions such as chewing, walking and talking. This problem has saddened Anthony Petrello very much. He has been to all corners of the world trying to find a medical treatment that would work for his daughter. This has however failed to give any positive rewards as all the hospitals he has visited lack units that deal with neurological problems that affect children.

Surprised by the lack of medical facilities that would provide medical attention to his daughter, Anthony Petrello embarked on a process of finding a hospital in his neighborhood that would help him resolve this case. In his visits to various top medical facilities in the world, he realized that the problem lied in lack of medical research in this field of medicine. No medical facility has ever researched how such medical conditions deserve to be treated.

Anthony Petrello decided to initiate a research Centre that would deal with this problem once and for all. Petrello came up with a plan that would see him contribute funds that would support the operations of Neurological Research Centre. It is located in the Texas Children Hospital. Anthony Petrello Kickstarted his initiative with a contribution of $5 million that would be used to hire top medical doctors and surgeons who would conduct the necessary research.

Anthony Petrello hopes to see the suffering of the children suffering from these disorders alleviated. It has been painful to watch his daughter struggle to accomplish some basic tasks, and he would never hope for another child to go through the same experience. Anthony Petrello had promised to continue supporting the initiative until a point in time when a medical treatment id finally discovered.

To know more visit @: www.crunchbase.com/person/anthony-petrello#/entity

Hussain Sajwani’s Success in Business Relations

Posted on 31 October, 2017 in Business Leaders

Hussain Sajwani is the founder of DAMAC properties. Before founding this company, he engaged in expansion of property market in Dubai where he established many hotels to cater for the growing mass of people coming into Dubai for trade and business. He later embraced a market opportunity of creating DAMAC. DAMAC Properties is involved in property development that has partnered with other companies like The Trump Organization, Versace, and Fendi which are all forces directed to the creation of more fashion and lifestyle to the market.

 

Hussein Sajwani has maintained healthy business relationships with prominent people in the world of business. For instance, he has had good relations with President Donald Trump way before his election. Trump has on several occasions mentioned Sajwani’s family as amazing people. Through the relationship, they have worked on the Tiger Woods-designed golf course under the management of the Trump organization.

 

However, the Donald trump after being elected to the office chose to maintain a low profile in real estate development business which he left behind to his children to handle. His daughter Ivanka has therefore continued to keep close business deals with Hussain Sajwani.This interaction means that Trump’s relations with Sajwani family will, thus, remain strong as it was initially.

 

DAMAC Properties is a company with its headquarters in Dubai, the Middle East that was founded in 1976 to run real estate, engineering, construction & architecture developments. The company engages in all aspects that pertain to real estate developments by focusing on changes that technology brings forth. It also extends its expansions to food business which reflects the first activity that Hussain Sajwani engaged.

 

DAMAC Properties made immense efforts to provide food during the 1991 Iraq war to US militants. It catered to all Americans in the world together with other American companies like the Bechtel. The company also has practiced philanthropic deeds as a way of giving back to the society.

 

DAMAC owner gave out a donation to a campaign directed towards charitable events for the deprived children in the world. Hussain Sajwani gave out contribution to show support for the government efforts of improving standards of living around the globe. More than 50,000 children were meant to benefit from the money that this company contributed which was a massive support to the campaign.

 

Follow Hussain Sajwani on Facebook.