Category Archives: Business Leader

Papa John receives fund from starboard value

Steve Ritchie is the president and CEO of Papa John’s International Inc. He comes handy as the company gets $200 million for investment. From the hard work, he has proven that the company will scale the heights of success.

Starboard Value LP is based in New York and advises companies and individuals on the best investment plans. This company also supports small companies to see them thrive in their operations. That is why it has funded papa john’s company to run its affairs. According to the management ofsterboard value, it comes to add papa john’s more funds in March.

Papa John has brought Steve Ritchie onboard as their current CEO and president to make the number of director nine. This comes after the company had appointed a special committee to examine the strategic plans for the growth of the company. The committee will work together with BofA Merrill Lynch and Lazard as its financial advisers.

Papa John has agreed with starboard to reviews its operations in the past and come out with strategic plans that will benefit the stakeholders. Papa will use the money under the leadership of Steve Ritchie to focus on its success. It will avail the records to the partners for any advice.

Papa has experienced mismanagement and reduced use of its fund. The current management has been tasked with the responsibility to return the company’s lost glory. They took on Steve Ritchie since he has proven from his previous position that hard work pays. He worked for over 14 hours a day and throughout the week to grow his franchise. Starboard applauded this effort as they do the transactions.

Steve Ritchie projected that the money would be used to pay debts, and the rest will be used to improve the people, technology, values of the products and the company’s brand. It will be very cautious in the distribution of funds to avoid the mistake they made earlier.

Papa John is focused on improving the quality of service delivery to salvage the name of the company. They will grow in every sector as will be highlighted in the individual committee advice and findings.

Innovacare Health Is A Successful Company With Veteran Leadership In The Medical Related Field

InnovaCare Health is well respected and well known for having some of the best healthcare related services for their customers and their stakeholders. It is a key part of their actual mission and corporate values.

InnovaCare Health is a company that believes in change and technology. And in 2016, Dr. Rick Shinto, who is the CEO and President of Innovacare Health, made a big decision to work directly with the Health Care Payment Learning and Action Network — aka — LAN. The United States Department of Health and Human Services founded LAN in 2015.

This initiative by HHS was one that Dr. Shinto and other executives like Penelope Kokinnides at InnovaCare Health support. Penelope Kokkinides position at InnovaCare is as the Chief Administrative Officer (CAO). Kokkinides decided to join InnovaCare Health in 2015 for the second time in her work career. Kokkinides has had significant roles in the healthcare milieu in the past.

At one point in her career, Kokinnides was the Corporate Vice President (CVP) at AmeriChoice. Kokinnides work at this company focused on the Disease Management and Care Management unit as part of the UnitedHealth Group. As part of the executive team at UnitedHealth Group, Kokkinides played an essential role in creating and implementing specific models relating to the niche of healthcare that she supported.

Currently, Penelope Kokkinides works directly with other members of InnovaCare’s executive team. And this includes important healthcare-based endeavors with Dr. Shinto on initiatives like the Health Care Payment Learning and Action Network. Kokkinides is quite a leader and was an important person regarding her thoughts on healthcare policy.

Penelope Kokkinides was invited to meet President Donald Trump at the White House in April 2017 to discuss her thoughts on healthcare related topics and the role of women in healthcare. Kokkinides was joined by seven other women as part of the Women in Healthcare panel that day. One of the topics that she talked about in the Roosevelt Room, which is located in the White House’s West Wing was the vital role of women in the healthcare sector.

Kokkinides also discussed the cuts that had been made in the past regarding Puerto Rico’s federal funding as to directly related to Medicare Advantage. Kokkinides was noted as saying while at the White House during this meeting was that it was crucial for there to be a boost in funding for Medicare Advantage for Puerto Rico.

http://penelopekokkinides.com/

Louis Chenevert Knows Employees Are An Important Asset

In order to run a successful business, every employee within the company must be satisfied with their job and feel like their voice is being heard says Louis Chenevert. While many companies think that hiring new employees is a way to increase productivity, in many cases the employees that are currently with the company just don’t have the right resources to complete the job correctly. Whether this is caused by not having the tools or training to complete the tasks or unsatisfactory work conditions, efforts should be taken to remedy the problem according to Louis Chenevert.

One of the ways that you can take care of your employees is by making the workplace somewhere that they enjoy being. Louis Chenevert says that it’s important that people don’t just watch the clock until the day is over as this boredom can result in workplace drama. Negativity can be absolutely toxic to a workplace and it’s important to prevent this from happening. Make sure that the office isn’t just a group of cubicles, try to provide common areas for your employees that people will enjoy being. A lunchroom isn’t enough in most cases and making this common space shouldn’t be that expensive.

A grateful employee is a loyal employee and ensuring that your workforce gets the education that they need to advance is important. If your company is big enough and can afford it, Louis Chenevert suggests adopting an employee scholar program that encourages people to continue their education in a way that would be useful to the company in the future. While the idea of paying for someone’s tuition may seem daunting, you most likely won’t have to cover everything. On average, 20% seems to be a good amount to aim for.

Louis Chenevert has been the Chief Executive Officer and President of United Technologies Corporation since 2008 and became the Chairman in 2010. In 2006 he joined United Technologies Corporation in 2006 as Director, he served as the President of Pratt & Whitney from 1999 to 2006. Louis Chenevert also has 14 years of experience with General Motors at their St. Therese plant as their Production General Manager.

http://www.courant.com/business/hc-goldman-sachs-louis-chenevert-20150909-story.html

https://affiliatedork.com/how-former-ceo-louis-chenevert-helped-utc-become-a-global-force

Matthew Fleeger’s Steady Rise to Success in the Oil and Gas Industry

Matthew H. Fleeger is the President, Chief Executive Officer and Director of Gulf Coast Western, LLC. He is also the founder of MedSolutions Inc. where he served as the president and chief executive officer. Mr. Fleeger has several years of experience in the oil industry having served as president of the family-owned oil and exploration business, Gulf Coast Western Inc. from 1985 to 1990. He was also vice president of Kinlaw Oil Company, a large petroleum company based in Dallas, Texas from 1990 to 1993. Matthew has experience in acquisitions and mergers, corporate structuring, joint ventures and an array of equity and debt private placement channels used in funding and expansion of operating and capital requirements for small developmental and growth corporates. From 1999 to the year 2000, he was the director of Palm Beach Tan Inc, the biggest chain of indoor tanning salons in the United States.

Mr. Fleeger was inducted as a member of the who’s who of business professionals. He has an impressive educational background having graduated with a Bachelors’ Degree in business with an emphasis in finance and marketing from Southern Methodist University in 1985. His father had already set up Gulf Coast Western by 1970, a successful oil and gas company. Matthew was interested in the oil and gas business. The skills he acquired in the university were instrumental in the early start of his career.

By 1993, he set up MedSolutions, which was a diversified holding company specializing in the collection, transportation, treatment and disposal of medical waste from health facilities. With his leadership spanning over a decade, he developed the company into a regional market leader in healthcare waste management. With the success of the company, he was approached by Stericycle, the largest company in healthcare waste management and they negotiated a sale worth $59 million. After that, Matthew returned to the oil and gas industry as the president and CEO of Gulf Coast Western. He was the right candidate with the right profile for the position because of his experience in acquisitions, mergers, general partnerships, and corporate structuring. Matthew has also used these skills to help found two other companies in the tanning industry with combined revenues of more than $100 million.

Contribution of Adam Milstein in supporting Jewish welfare

Adam Milstein is Jewish philanthropist and businessman in the United States. He is the managing partner of an organization known as Hager Pacific Properties. This is the company which has given him the resources to engage in philanthropy. Milstein also has a philanthropic foundation known as Adam Milstein Family Foundation. This is an organization for those interested in supporting pro-Israeli initiatives. The role of this organization in supporting the community cannot be underestimated. Every year, Adam Milstein is giving out $1 million that goes to various organizations which support the prop-Israeli cause. Since he established the foundation, he has worked with over 100 organization.

Adam Milstein is not the type of philanthropist who will just sit in an office and just sign checks. He ensures that he follows up on how the money issued, his philanthropic approach is meant to achieve the real intended results. Although he is running the real estate business, he says that he gives the most time to philanthropy. Adam Milstein is also a part of other philanthropic organizations. His role involves advising, fundraising and consulting for other organizations. His achievements through philanthropy have a significant impact on the lives of the target group.

Milstein is concerned that the Jews are under attack from extremist groups which are working under the banner of BDS Movement. This is a group made of radicals who want to weaken Israel as part of their goals of driving the Jews out of the Middle East. Milstein has seen that it is important that the Jews too come together and forge a single block that will fight against such threats. Milstein who live in the U.S is committed to his resources to support programs that ensure that as many Jews as possible learn about their culture, language, and values. With that, they will be able to take on the oppressors who sponsor anti-Semitism campaigns.

Adam Milstein also leads another organization known as Israeli-American Council. This is an organization that is supporting and advocating for stronger Jewish State. By working closely with the Americans, this organization wants the identity of the Jews to be respected at all times.

http://hagerpacific.com/hager-team/adam-milstein/

Sahm Adrangi: PTI-428 by Proteostasis is a Flop

If Sahm Adrangi’s past predictions on the success and failures of different medications in development stand correct, Proteostasis’ new medication in development, PTI-428, is doomed to failure. PTI-428 is a medication that is supposed to treat the serious ill cystic fibrosis which interferes with a patient’s ability to properly breathe. While their Phase 2 studies showed about a 5% increase in lung function, Sahm Adrangi and the experts at Kerrisdale Capital Management think this is mostly due to skewed data and a small placebo group. The trial which only lasted 28 days consisted of only 4 cystic fibrosis patients in the placebo group. Some of these patients experienced a dramatic drop in lung performance that sometimes naturally happens with the disease.

Unfortunately, this anomaly made the therapy group’s results look much better than they actually were. If the patients that experienced the drop in function were discluded from the results, the gap between the two groups would close significantly and the difference would only be around 1% according to Sahm Adrangi. These results would not impress anyone which is why Sahm Adrangi believes that the Proteostasis purposely omitted certain information from the results that were released to the general public. These skewed results may be a big reason why Proteostasis was avoiding a larger trial. Kerrisdale Capital adds that some important results such as sweat chloride are completely ignored or sloppy in the published results by Proteostasis. There are even questions from Sahm Adrangi and his team at Kerrisdale Capital on whether or not the biomarkers being used in the study could actually be properly measured by Proteostasis. To some, it’s doubtful that the company truly knows how their own drug is supposed to work.

Whether on its own or in conjunction with other drugs that are standards of care for the treatment of cystic fibrosis, it is doubtful that PTI-428 will help patients or even pass its phase 3 trials.

http://www.zerohedge.com/news/2016-04-21/notorious-short-seller-raises-100-million-take-down-unknown-company

https://www.linkedin.com/in/sahm-adrangi

Fortress Investment Group Agrees to Sale OneMain Holdings Inc.

Global conglomerate Fortress Investment Group agrees to sell their stake in OneMain Holding Incorporated for $1.4 billion. Fortress Investment Group has agreed in principle to the sale of OneMain to Varde Partners and Apollo Global Management LLC for $26 a share. Fortress is selling there 40.5% position in OneMain Holding and with this sale will be divesting a large subprime asset from their portfolio.

Fortress Investment Group has made extraordinary returns on investment by investing in subprime lending and other alternative asset vehicles. Currently, Fortress Investment Group has more than $30 billion in assets under management for their individual and institutional clients from around the globe. Their executive team consists of Co-Chief Executive Officers Peter Briger and Wes Edens who leads the company into its various investment opportunities with a high level of analysis and evaluation expertise that generates excellent results.

Peter Briger, in particular, runs the Fortress Credit business by capitalizing on various alternative asset classes that are distressed, underperforming, and illiquid opportunities that generally translate into very profitable investment endeavors. Wes Edens the current co-owner of the Milwaukee Bucks is also an innovator in the alternative asset industry and provides guidance over the private equity and other capital investment opportunities. The investment in OneMain Holdings was one of the opportunities for Fortress Investment Group to solidify its position within the subprime lending category.

OneMain Holding Incorporated specializes in providing subprime loans to the general public that have less than perfect credit dynamics, which is encompasses most of the general population and provides needed capital for regular individuals nationwide. OneMain also specializes in loans for operating funding for small business owners to continue and expand there their business with the necessary capital resources. With the guidance of Fortress Investment Group and their intellectual resources, analysis, and evaluation capabilities OneMain has progressed into a premier subprime lender in the nation. Fortress Investment Group was sold to SoftBank Group a global technology firm that specializes in internet service, telecommunications, AI, robotics and other specialized technology innovations that are propelling the world into the new information revolution.

As a subsidiary of SoftBank Group, Fortress Investment Group continues to make strategic insightful decisions that provide their clients with lucrative returns on investment. The sale of OneMain by Fortress will be the loss of a major subprime lending company from their portfolio but will generate a great return on investment with the $1.4 billion purchase price they will receive.

Peter Briger at Fortress Investment Group continues to provide high-level analysis and evaluation skill sets that are translating into exceptional opportunities for profitable windfalls for the organization. The shrewd decisions to buy underperforming and distressed companies is done by Peter Briger and the other knowledgeable professionals at Fortress that provide the intellectual leadership and experience to translate the organizations into throbbing profitable companies.

Peter has created a blueprint for generating high rates of return for investment companies. The sale of OneMain Holdings Incorporated will provide Fortress Investment Group with additional capital resources to re-invest in other distressed opportunities and capitalize on those investments by providing exceptional opportunities for larger returns on investment for its clients.

Read More: www.crunchbase.com/person/randal-nardone

Jose Hawilla, Breaks Loose and Soars Higher In Sports Business Ventures

For one to become a successful business entrepreneur, two possible qualities can make them succeed. Some people are born with the natural acumen for business. They possess an almost innate trait that helps them make decisions that help the business grow. However, others may not be so lucky; they are not entrepreneurs until they are tailored to become. Successful entrepreneurship requires learning from the best and the worst. If you are not born an entrepreneur, you can still become successful in the field if you are willing to seek knowledge.

The Difference Between Entrepreneurship And Employment

There is an innate desire to be independent by entrepreneurs. The latter is a key difference between entrepreneurs and employees. The strong urge to take initiative stirs the energy in an entrepreneur to explore their abilities to make a difference to unlimited stretches. An entrepreneur doesn’t mind working for long hours to achieve what is on their mind. Entrepreneurs are a frustrated lot in large organizations; organizations can’t let them speak out their mind. Jose Hawilla could not stand it.

Jose Hawilla’s Background

Jose Hawilla was born somewhere in the state of Sao Paulo. He is an entrepreneur, who before his business ventures worked as a journalist and a successful one at that. Traffic, which he owns, is, arguably, the most successful marketing company for sports in Brazil.

Jose Hawilla is a family man. He is married with three children. One of his children is closely following in his footsteps, career-wise. Like other entrepreneurs starting out, Jose Hawilla faced a myriad of challenges. He particularly cites instances of overt pessimism from those who never knew that one could make money out of sports. Again, like the natural entrepreneur he is, he saw an opportunity to prove them wrong, and he did. For more details visit LinkedIn.

Jose Hawilla’s Stature and Business Conquests

In fact, Jose Hawilla is currently highly rated as one of the most influential Brazilians. Mr. Jose Hawilla also owns the affiliates of Rede Globo; a network of successful newspapers in the inner locations of Sao Paulo. Some of the newspapers under the network include Bom Dia Bauru, Good Morning Fernandopolis, Good Morning Catanduva among others. He has since made several inroads in the world of entrepreneurship and acquired other significant business entities such as Diario De Sao Paulo.

His Journalism Days

Jose Hawilla acquired his ideas from his journalism activities back in the day. He was a radio and television reporter for ten years. He rose through the ranks and became a producer of programs while he worked as a commentator too. Jose Hawilla has a degree in Law.

See more: http://www.traffic.com.br/

The Larkin and Lacey Frontera Fund Aims at Correcting Societal Injustices

The Larkin and Lacey Frontera Fund was founded by two journalists, Jim Larkin and Michael Lacey. These two got arrested for providing online information on the injustices committed by local authorities. Joe Arpaio, the sheriff in question, went to their homes at night to arrest them for crimes they did not commit. Learn more about Michael Lacey and Jim Larkin: http://www.bizjournals.com/phoenix/potmsearch/detail/submission/6427818/Michael_Lacey

Upon hearing of the case, they were proved innocent by the court of law. Thus, they were awarded a settlement fee in form of compensation for accusing them falsely. It is this money that Michael Lacey and Jim Larkin used to establish Larkin and Lacey Frontera Fund.

Since the initiation of the organization, the Larkin and Lacey Frontera Fund has helped in correcting injustices within the society. Michael Lacey and Jim Larkin have achieved this by chanelling donations and funds to organizations that fight for human and immigrants’ rights. One of the civil organizations that the Larkin and Lacey Frontera Fund has donated to is the Arizona Justice Project.

The Arizona Justice Project focuses on correcting the societal wrongs. Also, they are committed towards achieving justice for the people of Arizona who cannot fight for their rights on their own. Most of all, the organization has promoted the settlement of immigrants in the United States of America despite the strict laws at the country’s borders. All these have been possible due to the support that Arizona Justice Project has been receiving from The Lacey and Larkin Frontera Fund.

However, one of the most recent projects that Jim Larkin and Michael Lacey are working on is the rooting of organizations that support children of immigrants.

The Lacey and Larkin Frontera Fund is helping the Arizona DREAMers in fighting for the Deferred Action for Childhood Arrivals (DACA). DACA is committed towards finding employment opportunities for immigrants.

Also, assists parents to find good school in the United States of America for their children. The organization is facing some challenges following the strict rules that the Donald Trump, the president of the United States of America amended against immigrants.

These state regulations aim at eliminating DACA. Michael Lacey and Jim Larkin have put up initiatives in the hope of finding justice for the organization.

In the light of this, they are confident that Donald Trump will somehow bend the rules in favour of the immigrants. Indeed, The Lacey and Larkin Frontera Fund have supported many organizations hence helping them achieve their dreams.

Read more:

Michael Lacey | Crunchbase
Phoenix New Times | Wikipedia

David McDonalds Leadership at the OSI Group

David M Donald is currently the Chief Operating Officer (COO) of ISO GROUP which is based in Aurora. ISO Group supplies food services and retail to brand across the world.it is also an international premier supplier McDonald says that the company is well position in a global setting. The company has branches in 17 countries with over 20,000 and above employees. The employees focus on making the customer satisfaction is delivered with their range of quality varieties that are offered.

David M Donald Graduated from Lowa State University in 1987 with Bachelors of science degree specializing in Animal science. After his graduation, David M Donald joined ISO group where he has raised in the rank throughout the years. He served as Chairman of North America Meat Institute. He also served as an independent Director at Marfrig Global Foods in South Africa since 2008 December. During his tenure in ISO David McDonald with ISO china supplied with over 100 tons of assorted food products during the Beijing Olympic Games. These include; beef, eggs, chicken, pork, and onion dehydrated. At this time the company was highly appreciated, and it was stamped for providing with the incredible service.

With his experience in the food industry David McDonald has not only gotten customers trust but it has become a favorite joint. Throughout the year and through his leadership he has acquired several companies to help in strengthening its brand and reaching more customers. It is through his hard work that McDonald has achieved all that he has it’s of great value that society can see and copy the ethical values that he has set.

During McDonald’s leadership, he has been able to sustain and improve sustainability. In 2016 a report from Global Sustainability was released, and ISO showed significant progress made in detail based on the supply chain. The supply chain is key to every organization and keeping. The report outlined that the company had a 2020 goal of 10% energy reduction and water sustainability. All the ISO facilities in the US have attained the ISO certification. And it has donated food to over100 metric tons by North America was given to the homeless and low-income family in the Philippines.

David McDonald has a noble heard and he has decided to go out of his way to give back to the society in doing that he has managed to reach the less privileged in the community and provided them with the most basic stuff, food.

To know more click: here.