Category: Business Leaders
Fortress investment group is a private equity company that was founded in 1988. The firm has consistently grown and also played a substantial role in the assets management industry. Officially, the company achieved its ultimate goal in 2007 when it provided Initial Public Offering (IPO) at the New York Stock Exchange (NYSE).
At the moment, the firm has managed assets worth forty-three billion for over one thousand and seven hundred investors. Despite the company starting as an independent firm, it has managed to expand its operations to incorporate not only the fixed capital vehicles but also the hedge funds. With its major headquarters in New York, the firm has employed over nine hundred workers. The ‘strong risk-adjusted return’ of investment is among the primary techniques that the company has been using to captivate an enormous customer base for some time now. Fortress Investment group is managed by Randal Nardone along with Wes Edens and Peter Briger.
Randal Nardone is an American Entrepreneur with more than thirty years experience in monetary services. The businessman went to Connecticut University and acquired a bachelor’s degree in English and Biology. Later on, Randal Nardone went to Boston University and graduated with a juris doctor degree. Before becoming an entrepreneur, Randal worked as an associate and executive member at Thacher Proffitt & Wood. His passion for the financial service industry motivated him to join Blackrock Financial Management. He served as a Chairman at UBS Company for a year. He has also worked in numerous popular firms before the establishment of Fortress.
In 1997, he teamed up with five principles and built Fortress Investment group. Since 2013, he has been serving as their Chief Executive officer. Regardless of being the Managing director, Randal plays other roles in the company. Just to illustrate; he has served as the co-founder and principal of Fortress Credit Corporation. He has also worked as the COO of the investment funds.
Apart from the roles in Fortress, Randal Nardone is the managing director and chairman of Springleaf Financial Holdings and NCS I company. He is also the vice chairman and secretary of Newcastle Investment Holdings. Last year, SoftBank Group Corporation acquired Fortress Investment Group at $3.3 dollars. Moreover, the company continues to operate as a private firm while still preserving its initial principal roles. Fortress Three Top Executives Split $44 Million Bonuses In 2015
Tony Petrello is popular in the international business realms for his contribution to the development of the oil and gas drilling sector. Tony Petrello is the CEO of oil and gas drilling company known as Nabors Industries. This is the leading company in this sector in the whole of the United States. It was started in the 1960s but only rose to prominence after Petrello joined the firm in the 1990s. His role in the growth of the firm is crucial. He has steered the company in the right direction since he joined the management. His first position in the firm was that of the Chief Operating Officer. In this position, he was responsible for all the operations in the form. Under his tenure in this office, all the operations of the company were streamlined, and the company started conducting its activities in a more organized manner. Nabors Industries is located in Texas, although its operations are all over the world. Currently, it has ongoing activities in 25 countries.
The biggest role that Tony Petrello has played in the growth of this firm is enhancing its expansion. When he took over the management, it was just a small firm that could not compete in the oil and natural gas drilling sector. However, after he took the move, he implemented a number of impactful measures that saw business grow rapidly in a matter of less than a decade.
Petrello played a significant role in the development of the company at a time when the industry was dealing with the negative implications of the financial crisis of 2008. Many companies during this time collapsed. Tony Petrello was still serving as the COO but was just about to become the CEO of the firm. After he took over, the industry was still suffering from the impact of the financial crisis, but he steered the firm to even better performance. By 2015, his role in the firm was so huge that he had joined the list of the highest paid people in the country.
Tony Petrello performance in the industry has been spectacular. He has taken the industry to a different level by facilitating technological development in the firm. The industry is no longer dealing with the same challenges of the last two decades when he was joining. Currently, Nabors Industries has the best technology in the drilling industry. It has even been entering into agreements with other organizations to boost its activities in the industry.
Whitney Wolfe’s Bumble BFF.
Female Founders Fund is an organization that supports young female entrepreneurs. The organization has been running a fundraising program that ended last year. They were able to raise over $25 million. This is an improvement from the previous fundraising the company had. They are even looking forward to a more productive fundraising event in the future. All the funds raised through these events are used to financially empower female technological innovators. The foundation supports projects that are majorly a combination of business and technological inventions.The organization was co-founded by Anu Duggal. It was established to help get rid of the gender discrimination concerns. The company has assisted in enabling most female explore the technological field. It as well ensures that the female entrepreneurs work in a conducive environment, free from any form of discrimination. The foundation also strives to foster good relationships between businesswomen.
They bring these women together by assigning them joint projects. They are also incorporated in the organization’s Expert Network. The network enables these entrepreneurs to gain different useful skills.The organization is very proud of the work they do with the female entrepreneurs. Their decision to empower women has been fruitful over the years. Anu Duggal states that the foundation will continue raising funds to enable it to support more women. The fundraising that ended last week on Wednesday was contributed to by successful female entrepreneurs such as Melinda Gates. Katrina Lake Elizabeth Cutler and Whitney Wolfe Herd among other women in the technology world.Whitney Wolfe Herd is the founder of a dating application called Bumble.
Bumble is among the most used mobile apps globally. The application has only been in the market for a couple of years. The application has tens of millions of subscribers. It has brought a change in online interactions.Whitney Wolfe created the app that would change the standard interaction routines. In regular society, it is expected for the man to make the first move on a lady. Bumble, on the contrary, is a dating platform where women are the ones to first express their interests in the men. The application was also a way of Whitney Wolfe trying to reduce the cases of cyberbullying. It acts as a form of women empowerment. When turning the idea of Bumble to life, the Southern Methodist University graduate faced a lot of adverse reactions and feedbacks. Despite all this, she went ahead and launched her application.
Even though Bumble was made mostly for women, Whitney Wolfe loves the idea of working with men. When she has first gotten started, she has sought out the help of men. However, a lot of men did not want to get involved because they felt that it was something for girls. One thing that people have to deal with is the shaming of men. Men are often shamed when they show a sign of something that is deemed to be feminine. This is one of the reasons that they often avoid things that can raise an eyebrow. One of the areas that is an example is fashion.However, Bumble has become a success and has even attracted a lot of attention from men.
Now, Whitney Wolfe can easily find men that say they want to be a part of Bumble. Therefore, it is important to think about what may have changed. While some people may say that it is a question of money, there is one other factor that people have to consider. Bumble stands for something. One thing that Bumble stands for is the empowerment of women. Also, people like the idea of the underdog coming on top. This is one of the reasons why more men want to be involved with Bumble.
Another thing that is worth considering is that Whitney Wolfe’s app has made it a bit easier for men to get dates. With all of the other online dating platforms and apps, men have talked about sending out messages to many different women only to get no response. Bumble has enabled these men who had no chance with other apps to get a date. Therefore, they have seen the benefits of Bumble for men as well as women when it comes to dating. Men of all walks of life have tried to be a part of this movement.
Ronald Fowlkes was once a Marine who served on the front lines for his country; he has also been a leader of a SWAT team in a huge city in the United States after leaving the Marine Corps to serve in law enforcement.
Much like many U.S. veterans, Fowlkes has a strong, abiding love for his country — he also strives to make it a better place with his help. When he was given the opportunity to mentor kids, he jumped to it.
Ronald Fowlkes can bring his enthusiasm for training, physical fitness, and the sport of ice hockey. Mr. Folwkes also mentions that he was once a member of the Marine Corps’ Special Operations and the U.S. Army’s prestigious parachute school. By sharing some of the personal stories about his life, he can help kids understand that there are people like him that are putting all the effort and everything on the line for them. Ronald also mentions that the youth are free to ask him questions that they wouldn’t necessarily ask. Ronald also wants to make sure that the children get good guidance so the future decisions that they make will be the correct ones. Fowlkes also quipped that sports are quite useful to get through to the kids.
Ronald Fowlkes has also enjoyed his role as a mentor and a father. Fowkles’ son has played ice hockey for three years with the Saint Louis Blues’ Triple-A team. Ronald Fowlkes may not be the coach of his son’s hockey team, but he is the trainer and the man in charge of the hockey equipment.
Ronald Fowlkes also stated about his role at being the equipment “guy” for his son’s team that he can teach the youth about the importance of taking good care of one’s gear. Having well-maintained hockey gear can sometimes be the difference between winning and losing.
In addition to his mentoring role, Fowlkes works for FirstSpear. FirstSpear is an organization that equips peacekeepers and soldiers on an international scale. Fowlkes first got to work with the FirstSpeaxr gear while he was a soldier. He never forgot how efficient the FirstSpear equipment was when he handled them — Fowlkes had a strong familiarity with the gear. Ronald Fowlkes also noted in passing that the FirstSpear equipment was well designed and worked flawlessly.
Today, Ronald Fowlkes has used his military and law enforcement experience to establish his own company, Eagle Industries Unlimited. Fowlkes is the Business Development Manager at his company. Part of his role at Eagle Industries is to educate 150 plus employees about the products that they sell — Ronald Fowlkes works directly with Law Enforcement and Commercial products that are developed and then sold.
- Written by: travelingman
- Category: Business, Business Leaders, CEO, Entrepreneur
- Published: April 25, 2018
Louis Chenevert is an entrepreneur, chairman and chief executive officer of United Technologies Corporation (UTC). Louis joined the company in 2006, and since then, he has served different roles in the company. He first worked as the chief operating officer and a director of the company before he was appointed as the chief executive officer in 2008. In 2010, Mr. Chenevert took up the role as the chairman of the company.
Louis Chenevert holds a bachelor’s degree in Commerce, production and management option from the University of Montreal. Chenevert has spent his career bringing ideas into life. He focuses on operational talent and engineering expertise to make ideas become a reality. Technology trends have been the most exciting factor to Louis and the United Technology Corporation at large. He believes that technology is advancing at a crazy speed that can accelerate the momentum of the UTC into the near future.
Interesting development in the aerospace sector: https://t.co/9xzKKNQ3sH
— Louis Chenevert (@louis_chenevert) February 20, 2018
Before joining United Technologies, Louis also worked in other companies. His career journey started at General Motors where he served as the general production manager at General Motors St. Therese operation for 14 years. In 1999, he worked as the president of Pratt & Whitney. He worked tirelessly to ensure success in both companies. He is a board member of the US-India, CEO Forum and a member of the executive committees of business roundtable, where he heads the tax and fiscal policy committee. He chairs the Yale cancer center advisory board and also serves as a board of director for Cargill. Mr. Louis was recognized as a member of the American Institute of Aeronautics and Astronautics in 2015.
In an interview, he stated that passion, focus, relentless follow up, being optimistic and investing had been the key habits that have made him productive as an entrepreneur. He had unique strategies that helped him in growing his business. He has always found a way to eliminate roadblocks that may stand between his success. Louis Chenevert advises entrepreneurs to think big and surround themselves with winners and successful people who motivate them to work harder. He also urges startups to get the right team with vision and can help in overcoming obstacles.
Southridge Capital is a financial solutions firm that has been around for nearly two decades. Their work within the financial sector is why a lot of people have chosen them to help with the needs of their debt and credit score problems. Dealing and living with either debt or credit issues can be maddening and cause a major rift in your daily life. If you’ve been struggling for too long and are unsure of how to get over it all, you need to contact Southridge Capital and see what they are able to do for you. They can work with lots of different clients, whether they are a business owner or someone who is just in need of financial help.
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Atlantic City, NJ is going through some economic changes right now, and those changes are a downsizing of its casino properties and replacing them with new businesses and housing. Boraie Development, the company that’s starting to take the lead on the city’s housing restocking says Atlantic City is full of buildings that haven’t been updated in over 40 years. The people that Boraie Development want to serve at their housing properties are a diverse group, but they realize the millennial workforce is the one they need to keep in town and they have certain preferences for housing amenities. Boraie Development is constructing a unit they hope will bring in many such tenants with its on-site pool, gym, lounge areas and proximity to the beach, and hence why the property is named the Beach at South Inlet.
According to NY Times, it’s not only Atlantic City that’s getting a facelift in its residential properties; Boraie Development has been responsible for a rebirth of business activity in downtown New Brunswick. The city had a high crime rate before the founding of Boraie Development and most people thought it was lost at one point. Omar Boraie, a chemistry professor at Rutgers University knew the best way to bring business back to the city was to start tearing down abandoned buildings in its center and replacing them with brand new ones. He officially started his company and started financing his real estate construction projects in the 1980s, and by 1988 his first big development on Albany Street was finished. This tower, an 8-story building started bringing city administrative activities to the area, shopping outlets and various firms to the area. A second building went up in 2003 and soon the Albany Street area was booming. Check out Central Jersey Working Moms for more.
Boraie Development’s housing began when Omar Boraie decided to try building a high-rise building modeled after those in the Burroughs of New York City on Spring Street. Most people said the demand in New Brunswick simply did not meet such a project and doubted this property would make return S on investment. But once again Boraie Development proved their critics wrong, and this Spring Street property was filled in a very short time. Omar Boraie and his son Sam, who currently serves as company vice president were asked what made their company so successful in its property developments. Their answer was being willing to take big risks and not being deterred by the naysayers. They also said they got started because when Johnson & Johnson, New Jersey’s largest healthcare provider decided to stay in the city, they knew there was a chance it could be revitalized.