Category: Business Executive

Fortress Investment Group: Adapting to Change in Strategy and Maintaining Perpetual Growth of Its Broad Investment Portfolio

2018 was a phenomenal year for Fortress Investment Group, a leading alternate asset manager in the world. Transition and expansion dominated the asset management firm’s year. It hit business headlines for being acquired by SoftBank for $3.3 billion. The firm was founded in 1998 as an equity firm and since then, it has built its name while expanding its broad investment portfolio. It went public in 2007 and 10 years, it becomes private, a development that excites Wes Edens, one of the firm’s principals, about the deal.

Purchase by SoftBank

Fortress has continued to incorporate its operations including management of about $40 billion in global assets into SoftBank’s global strategies. The transition has been smooth owing to the goodwill of Fortress’s principles including Wes Edens, Randal Nardone, and Peter Briger. SoftBank is a Japanese company that has been acquiring and helping tech start-ups to grow. It has been dedicated to supporting the information revolution. With this deal, the company makes an entrance to the world of asset management. Led by Masayoshi Son, the company is known for its ownership stake in U.S. telecom giant Sprint as well as significant stakes in Uber and Alibaba. The excellent track record of Fortress Investment Group put it in a better position to make SoftBank a world leader in asset management. The long term strategy seems to be collaboration between SoftBank Vision Fund and Fortress Investment Group, while remaining separate entities, to solidify current strategies. According to the CEO of Wisdom Tree Japan K.K., the acquisition is a visionary strategy that will make SoftBank gain the financial management expertise it needs to become a leader in the asset management and private equity business.

Growth into high profile real estate

Fortress Investment Group has been able to venture into prime real estate with a $2.2 billion investment in TSX Broadway, New York’s Time Square mega development, alongside its partners L&L Holding Company and Maefield Development. It also bought Tiffany & Co. Building for $20 million. The building is an iconic property which dates back to 1950. Fortress also bought SuperValu through its affiliate CF Grocery Distribution PropCo for $66.4 million. With the new investments and other efforts, Fortress Investment Group has been unrelenting with its efforts to expand its broad investment portfolio and adapting to change.

Ryan Seacrest- Philanthropist, Entrepreneur, and Host

As American Idol made its return to television for its first season on ABC in the spring of 2018, Ryan Seacrest returned as the host as well. This season is the 15th edition of the hit tv show and features nationally acclaimed music moguls Lionel Richie, Katy Perry, and Luke Bryan.

Radio show host Ryan Seacrest is a prolific entrepreneur in currently holds positions as host and producer on national radio and as well as television.

Aside from his entrepreneurial efforts which have led to involvement in a vast span of media and entertainment businesses, Seacrest’s youth-oriented philanthropic initiatives are currently having a huge impact across the country.

Live with Kelly and Ryan is a nationally syndicated morning talk show that Ryan Seacrest produces and is also co-host alongside Kelly Ripa. Ryan joined the show after the previous co-host Michael Strahan left the set for Good Morning America.

Ryan leads Ryan Seacrest Productions (RSP), which has become an Emmy- winning production company. The company produces some of the most popular shows on tv today. E! series, Keeping Up with the Kardashians and its spinoffs, E! Live from the Red Carpet awards shows, Bravo’s Shahs of Sunset, and CMT’s I Love Kellie Pickler to name a few.

Seacrest is also at the forefront of a prosperous lifestyle venture. This includes a menswear collection sold exclusively in Macy’s (Ryan Distinction) and a Men’s skincare line in conjunction with World renowned dermatologist Dr. Harold Lancer (Polished by Dr. Lancer). Seacrest has also developed long tenured endorsements from top companies like coca cola and Ford.

The Ryan Seacrest Foundation(RSF) has managed to open 10 broadcast centers in pediatric facilities across the country. As honorary chair of the Grammy Foundation, Seacrest is also involved as a board member for the Los Angeles County Museum.

More information about Ryan Seacrest: onairwithryan.iheart.com/

The Apology of Steve Ritchie for Papa John’s and The New Phase of the Pizza Firm

Steve Ritchie is facing one of the biggest challenges of his career as a CEO: he’s going to fix the compromised image that Papa John has recently received. Now that Papa John has recently apologized to its customers and has now shown enough emotional intelligence to deal with the issue logically, Steve Ritchie would now be facing a less stressful work environment.

It’s also important to add here that Steve Ritchie, as Papa John’s new CEO, is doing all that he can to bring in new changes in the policies of the company. The COO is now even bringing in a new set of auditors and outside experts that could help the company get its auditing needs fixed. There are also inclusion practices already ingrained in the company, which can bring about a boost of new reforms that previously were just overlooked. This new change or policy reform would also ensure that Steve Ritchie can better assess the strengths and weaknesses of the company today. Only through such strategy that it can also find, set and adjust company goals to a more realistic set of standards, he added.

Racism and insensitive language would now also be a thing of the past under the leadership of Steve Ritchie. Acts of such tone would not be tolerated in any area or department of the company, and that is final, according to Ritchie’s official statement. As the new leader of Papa John’s, he also added that his new attitude to improving corporate structure would now establish a better pizza company that could employ more people. There are now more than 120,000 corporate and franchise members under Papa John’s. Providing this amount of jobs to the marketplace is one of the feats for the pizza firm that many experts cited.

It should also be added here that the move to embrace more diversity in the company should be continued. Steve Ritchie wants his new policies to reflect the true nature of Papa John’s: a pizza firm that doesn’t discriminate and shows high level of accountability to its customers. The healing and recovery process the firm recently enjoys is an indication that Steve Ritchie Papa John’s aspires to be one of the best leaders or CEOs that can run a multinational firm.

Up-Close With the DAMAC Owner

Hussain Sajwani is no ordinary man. As the Founder of DAMAC Properties, he has exponentially grown to become a leading entrepreneur in the Middle East. He is credited with developing a catering business from a modest entity to a formidable enterprise serving over 150,000 meals and supervising over 200 projects worldwide. As the DAMAC owner, his technical know-how and seasoned craftsmanship have played a critical role in diversifying the company’s scope into construction campsites, onshore/offshore sites and the provision of subsidiary services such as manpower supply and camp management.

As a pioneer in the property construction industry in Dubai, Hussain Sajwani deemed it necessary to build several hotels to meet the ever-growing demand for individuals keen on establishing businesses and trade opportunities in the Emirates. With the establishment of DAMAC Properties, he has exuded finesse in various fields of property development such as administration, finance, marketing and sales. Today, DAMAC Properties is credited with developing iconic buildings in leading cities such as Abu Dhabi, Dubai, London, Riyadh and Jeddah. With a seasoned staff of 2000 employees, DAMAC Properties boasts a healthy balance sheet and posts impressive share trades at the Dubai Financial Market.

Construction aside, DAMAC Properties has also dipped its toes in the fashion industry by partnering with prominent lifestyle brands to create exceptional projects such as a Tiger Woods-inspired golf course and luxury apartments by Fendi Casa and Versace Home. Additional villas inspired by Bugatti have also been conceived to create opulence at its finest.

Hussain Sajwani and the One Million Arab Coders Initiative

The DAMAC owner recently signed a noble partnership memorandum to fund the One Million Arab Coders initiative. Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE’s Vice President and Dubai’s Prime Minister, the program is aimed at providing free programming coverage for one million Arab millennials to spur coding opportunities. Such an initiative is expected to empower individuals harnessing modern opportunities and ensuring a brighter future.

According to the DAMAC owner, the company strives to become a world-class hub providing education and knowledge critical in redefining the Arab world and attracting top talent.

Visit Hussain’s official website: https://hussainsajwani.com/ar/

Alex Hern And The Silicon Surf Company

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The Silicon Valley technology world is directly responsible for changing the face of the world, by creating innovative products such as the personal computer and the world wide web that have forever changed the way that we connect with each other. The technology boom has been rejuvenated recently with a focus on mobile technology and less on the actual internet, and this has created some stellar products in its wake. For one such excellent start-up known as Silicon Surf founded in 2015, there is nothing better then pioneering in new and amazing products and being at the forefront. Follow Alex Hern on Linkedin.

Silicon Surf is founded by Alex Hern who is a notable tech entrepreneur and angel investor who has pioneered some of the most famous technology to hit the Silicon Valley. His first masterful tech startup was known as Yesmail, which he started from scratch and then some ten months later sold the company to CMGI for 450 million. This was just one of his many accomplishments in the technology world that have made mister Hern one of the most respected and looked up to start up incubators. The technology world is ever changing, and Alex Hern has adapted to these changes and has recently shifted his focus on VR technology and mobile technology which is changing daily.

Read: https://www.bloomberg.com/research/stocks/private/person.asp?personId=71276&privcapId=419332108

With a strong focus on mobile technology Silicon Surf looks to make brand new technology a reality for investors and consumers alike. And with a strong showing like Tsunami VR the future looks bright for all kinds of different mobile technology that will be sweeping the market and connecting us closer then ever before. Alex Hern is one of the innovators and he looks to be taking full charge of the technology sweep with innovative products that are going to change the mobile landscape for the better. Visit tsunamixr.com to know more.

Meet Trabuco Bradesco: One of the Best Leaders in the Banking Industry

Luiz Carlos Trabuco Cappi has been working at Bradesco Bank for nine years. Bradesco is actually the second largest bank in terms of assets and the second biggest bank equity in Brazil. In the year 2015, he was recognized as one of the best entrepreneurs by one of the most popular magazines in Brazil. Currently, he chairs the board of Directors at Bradesco Bank. Read more about Trabuco Bradesco at globo.com.

In the year 2009, he was among the top 100 influential citizens in Brazil. A magazine called American Forbes listed Trabuco Bradesco as one of the greatest CEOs in Brazil. His excellent leadership skills have helped him transform Bradesco Bank to become one of the best banks in the country.

Trabuco started working at Banco Bradesco as a clerk when he was 17 years old. After a series of assignments within a period of more than 15 years, he was promoted to become a marketing director. At his new position, he brought several positive changes especially in the area of communication. As a result, the Banco Bradesco was recognized as one of the banks with modern communication in the country.

Trabuco Bradesco worked as the marketing director for eight years. In 1992, he started working as the Chief Executive Officer at Bradesco Vida e Previdencia, which is a privately-owned firm specializing on the private pension. He held this office until 1998 when he started working at Banco Bradesco as the managing director. He became the Executive Vice President of the bank after one year.

Check: http://www.infomoney.com.br/blogs/bolsa/o-investidor-de-sucesso/post/7002925/quem-substituira-trabuco-comando-bradesco-nomes-estao-cotados-tudo-pode

In the year 2003, he held an important position at Bradesco Seguros, which is comprised of companies like Bradesco Saude, Capitalization, as well as Bradesco Vida e Previdencia. He managed to introduce Bradesco’s shares into New York Stock Exchange. Trabuco Bradesco was also able to double the size of Bradesco Seguros. Having been in the banking industry for more than 40 years, Trabuco was promoted to become the fourth president of the bank. In 2017, he was given the responsibility of chairing the Bradesco’s board of directors.

About Trabuco Bradesco

Luiz Carlos Trabuco was born in 1951. He attended Sao Paulo de Marilla where he acquired his degree in Philosophy. He also attended Fundacao School of politics and sociology of Sao Paulo where he specialized in Socio-Psychology. Read this article about Trabuco Bradesco at Estadao.

Hussain Sajwani: The Face of Dubai

DAMAC owner and chairman, Hussain Sajwani, is one of the world’s most respected real estate tycoons and business magnates. The Hussain Sajwani family and DAMAC sells high echelon brands such as Versace, Fendi, and Bugatti and its net worth is estimated to be around $3.8 million.

According to Forbesmiddleeast.com, Hussain Sajwani grew up in Dubai, the same city he would imprint his name on. The magnate began selling in his father’s family-owned shop, where he would sell watches, pens, shirts, and China-imported goods. Perhaps the strongest influence of his life was to observe the hard work done by his parents. And business happened to be the only discussion around the dinner table.

When Hussain Sajwani was of age, and after excelling as a young student, he was offered a scholarship to study in the United States. Sajwani took his passion to the University of Seattle in Washington after it only took him a few months to learn English fluently. He graduated with a degree in industrial engineering and economics. He also sold capital in the United Arab Emirates during his time in college. Sajwani then embarked on a catering business which become prominent in his native country.

Sajwani’s services provided hot meals to U.S. military forces across the Middle East.

In the 90’s, when the market expanded in Dubai, Sajwani took the helm to become one of its main pioneers. He invested deals to build hotels and properties which helped establish DAMAC properties in 2002. DAMAC and the Sajwani family has the most prominent record when it comes to developing luxury properties and has delivered nearly 18,000 homes. DAMAC also employs around 2000 employees, and is a public company with shares traded on the Dubai Financial Market.

The Sajwani family has joined forces with some of the leading entrepreneurs in the world as they have worked to finance golf courses with Donald Trump and the Trump Organization and apartments with Versace, as mentioned in arabnews.com.

Hussain Sajwani is also known for investing equity in the global marketplace. His investment company, DICO Investments, focuses its investments towards equities and mergers, which have become a staple of his profound power and impact in the Middle East.

Hussain Sajwani’s long passion for Versace and generally being able to make progress through promotion and marketing luxury brands has granted him enormous respect throughout the world. As Sajwani keeps his business profile in the spotlight, his private life is usually kept out of it. Perhaps Sajwani’s most meaningful achievement throughout his storied career is the joy of his wife and four children.

Get the facts here: https://www.bloomberg.com/profiles/people/15249401-hussain-ali-habib-sajwani

Ryan Seacrest: Selfless Ambitions

You may know Ryan Seacrest as the host of the famous American Idol television show or for his radio personality or his fashion line Ryan Seacrest Distinction or for his Live Radio Show On Air With Ryan or his shared morning talk show Live with Kelly and Ryan. Although this dude has many different things under his belt that isn’t where it stops…

Ryan Seacrest is also known for his charity that he founded in 2010 by himself and a couple of others that donates to hospitals to fund areas within these hospitals called Seacrest Studios. These designated areas give kids who aren’t as fortunate as other’s the ability to delve into the, “Creative Realms of Radio, TV and new media. This program also collaborates with nearby schools to give students and patients alike the opportunity to intern and help broadcast events for the patients and their families. While the interns performing and broadcasting with and for these children is exciting enough but that’s not all they have to offer… They also have live performances by celebrities such as Selena Gomez, DJ’s who consist of interns broadcasting radio shows and music, Talk Shows of Sports and other stuff, Educational Segments and Music Videos that are produced by the patients utilizing the green screen in all these studios. According to the NY Times, these Studios are great cause they are helping these children escape from their hospital rooms where they’re stuck in for most of the day and let them experience something extraordinary created by their peers and even celebrities that they look up to.

So far there are 10 of these locations around the US alone and I am sure that there are bound to be many, many more all around the world as long as people like Ryan Seacrest, who is also a producer, keep on envisioning ways to better children’s lives.

Ryan on Facebook: facebook.com/ryanseacrest/

HCR Wealth Advisors: A Provider of Personalized Financial Strategies

HCR Wealth Advisors is a registered investment advisory firm founded in 1988 to provide wealth management to customers. The privately held company is headquartered in Los Angeles, California. The goal of HCR Wealth Advisors is to develop relationships with clients which last throughout their lifetime by providing information, trust, and dialogue. Clients are provided with information on the risks associated with their financial portfolios and potential vulnerabilities which allow them to plan for unforeseen events. Clients who stay with HCR Wealth Advisors have typically worked with the firm for more than a decade.

Changes occur in the lives of all individuals. Clients are assisted by HCR Wealth Advisors to develop a plan and techniques to create the lifestyle they desire later in their lives. HCR Wealth Advisors aspires to aggregate the different aspects of their clients’ financial lives to create a holistic framework which develops as the client transitions through life.

There are personalized strategies which are created by HCR Wealth Advisors. The unique style of developing financial strategies for clients has been practiced by the firm for over a quarter of a century. HCR Wealth Advisors begins working with new clients by taking the time to examine their needs and financial goals.

HCR Wealth Advisors can assist clients with developing a plan for creating the retirement they desire. Retirement has taken on new meaning as individuals address life after retirement. People may spend two decades planning for their retirement during their working years. Individuals are working to determine what they will do after they leave their current positions. Addressing the aspects of retirement which do not pertain to finances is currently an aspect of retirement planning. Former workers may spend over three decades retired. Retirement touches every area of life and challenges such as psychological and emotional health and various types of physical consequences may occur if leaving the workforce is not planned properly. Additionally, employees need to determine if they have the desire to continue to work in some capacity while they are retired. To get help from HCR Wealth, visit them on Twitter or Facebook.

Post taken from: https://www.dailyforexreport.com/hcr-wealth-advisors-can-help-protect-sandwich-generation/

HCR Wealth Advisors is not affiliated with this website.

Bradesco Gets New Leaders, Trabuco And Octavio Take Up New Positions

When Luiz Carlos Trabuco came forward to state that he would be making an announcement, the banking industry in Brazil knew that there was something significant lined up for them. The much-awaited announcement was regarding the executive positions at the company, namely that of the chairman and that of the President of Bradesco.

Over the past one year, Bradesco has had to undergo some notable changes, particularly concerning those two posts within the company. The string of amendments to the workings of the company began when the company’s chairman, Brandao de Mello announced that he would be retiring from his position. This was something that significantly impacted the workings of the company and the banking industry as a whole. Brandao had been working for the company for the past twenty-five years and had contributed immensely to Bradesco’s growth and development. His retirement put the board of directors at the company in a position wherein they would have to choose a new person to take over this new position at the company. This was something that would, in turn, cause the company to change its workings.

The announcement that Luiz Carlos Trabuco made earlier this year was regarding the position of chairman and president of the company. Trabuco had been chosen to take over the position of chairman at the company, while Octavio de Lazari was chosen as the President of the company. The people who were chosen to take over these positions were selected amongst a pool of notable members of the company. Trabuco was the executive who was serving in the position of President of the company. He was seen as the best person who could succeed the previous chairman of the company owing to the experience that he has in the sector, and the work that he has done for people in the past. Without a doubt, Trabuco has aided the growth of the company over the past few years and has been an essential part of the team at Bradesco.

Read more on Folha.uol.com.br

Octavio de Lazari has had a career similar to that of Trabuco, which is why he was seen as a good person to succeed him. Having worked in the field for an incredibly long period, he possesses an incredible amount of knowledge and expertise when it comes to the field and has contributed to the growth of the company as a whole.

Even though the announcement of the new executives to Bradesco happened in January, the positions could not be filled out unless the company got approval by all the shareholders at the annual shareholders meeting which was to be held in the first week of March. After the event was held, the executives were allowed to take on their positions, which is something that the company and the industry were eagerly waiting for.

Trabuco and Octavio both have the future of Bradesco riding on their shoulders. They will have to bring about changes to the company and lead Bradesco to a profitable and successful future in the banking industry in Brazil.

Graduating from the University Of Sao Paulo (USP), with a degree in philosophy, he worked as bank clerk back in 1969. Luiz Carlos Trabuco Cappi was a bank clerk for two years, before moving to Sao Paulo in 1971, and was promoted to be the Director of Marketing. Luiz Carlos Trabuco Cappi, as the Director of Marketing, understood the importance of having a good reputation in the public eye, and this can best be achieved by having a good relationship with the media.

For more information about Luiz Carlos Trabuco, just click here.