Category Archives: Business expert

The life of Anthony Petrello, CEO Nabors Industries

Tony Petrello many not be known to many but he is one of the wealthiest business executives in the United States. He is the CEO of the biggest drilling firm in the world known as Nabors Industries, this is a firm that is located in Texas. He is a leading business executive who has the ability to change the lives of the people in this country. Through his entrepreneurial skills, he has managed to create thousands of jobs for Americans in the drilling and mining sector. Tony Petrello is committed to work as the CEO and has performed it to the best of his abilities. He has never given up at any single time. When faced with challenges, his joy is top always overcome them.

Tony Petrello is from New Jersey. He grew up in a humble family. He went to public schools during his early life since his parents could not afford a decent private school where the quality of education was better. However, this never deterred him from performing very well. He worked very hard and managed to perform better than students in the private schools. Tony Petrello also demonstrated skills of a mathematics genius. His brilliance in mathematics is what pushed him to the prestigious Yale University. He studied mathematics. He left the university after he had acquired masters in mathematics. After he left Yale, he joined Harvard school of law where he studied law degree. He is one of the best legal minds in the country.

His achievements in education led him to be spotted by Nabors Industries. Even though he was a lawyer, he was offered the position of chief operating officer. This is a position that would enable him to guide the company in its development path. He has managed to lead the company in what that is admired by many people in the corporate sector. Without studies in business, he has managed to make the company a great success.

Tony Petrello has another side of him. He is a philanthropist who has contributed to various community charity works. He has been a key donor to the Neurological research center located at the Texas Children home. This is a center that conducts brain research to look for medical treatment for neurological disorders.

Tony Petrello also supports other initiatives such as the foundation he started in remembrance of his friend at the Yale University, Professor Serge Lang. This is a foundation that awards great mathematicians from, the university. Lang played a very important role in shaping the life of Anthony Petrello.

Learn More: www.linkedin.com/in/anthony-petrello-1335b097

David Giertz Demonstrates that Retirees Can Still Spend Money

Most people work hard and save a lot as a precaution for when the going gets tough. Saving money is a good habit, but in some cases one becomes so much inclined to saving that they feel guilty about spending or even viewing expenditure as extravagant. A good retirement strategy should include how to spend the amount one has stashed away.

Advice from David

David Giertz says that retirement should be a balance betwixt expenditure and savings. He illustrates how we should lead lives without forfeiting the chance to have fun during the golden years. Below are some pointers:

Discipline in retirement is crucial in minimizing waste and yet maximizing happiness and contentment. Some retirees may prefer touring the world; others may wish to spend time with their families while there are those who may prefer learning new skills. Whatever one chooses, let there be minimal extravagance.

In coming up with a retirement plan, the individuals ought not just to consider what they wish to bequeath their children, but also the activities they enjoyed but could not engage in due to a busy work schedule.

Budgeting is a key component for those retirees who are keen about proper expenditure. Budgets also help the retirees to consider wisely what they want to do and how much they want to spend without depleting their savings entirely. When this determination is made, it is easier to spend money without anxiety.

Finally, David advices retirees to spare cash for day to day bills. Many retirees commit all their money in the ‘stock market’ hence leaving themselves broke. Retirement should not be so difficult if one keeps these key points in mind.

David Giertz

David has worked in the financial sector as a vice president of ‘National Life Insurance Company’. He served as President of ‘Nationwide Financial Distributors Inc’. Between the years of 2009 and 2013, David was ‘Vice President of Sales at FI/WH’. He also had a similar position at NF between the years of 2004 and 2009.

Luiz Carlos Trabuco Cappi

Luiz Carlos Trabuco is among few executives in the Brazilian economic life who have achieved unprecedented success and recognition.

He is currently the president of Bradesco, the leading insurer in the Brazilian insurance and banking industry. Trabuco was born in the city of Marília where Bradesco originated. He later joined University of São Paulo from which he graduated under the Faculty of Philosophy.

Prior to his appointment as the President of Bradesco, Trabuco had worked in various hierarchical levels in the bank. He began working at Bradesco in the year 1969 and since then he has received various promotions due to his determination, persistence, and wisdom. Bradesco’s headquarters is located in the metropolitan region of São Paulo – the city of God. It is at this headquarters that the executives of the bank including the President are normally chosen through a rigorous vetting exercise. The fact that Trabuco was chosen to become the President of Bradesco under this rigorous selection exercise means that he was fit for the position.

Indeed, all the previous presidents of the bank had undergone the same vetting process. Just like Luiz Carlos Trabuco Cappi, the former presidents have never disappointed the bank’s key stakeholders. Trabuco was appointed by the bank’s Board of Directors to lead the bank as the President from March 2009. Until then, he had been working as the executive Vice President at the bank. He had also served for 40 years at the bank before becoming his appointment as the Vice President. Thus, he was considered the most suitable candidate for the position of presidency under the bank’s organizational culture which focuses on “continuity and renewal.”

Read more on Hoovers.com

Trabuco could have been appointed to the bank’s lead position earlier on except that he was a bit younger during the time and the position was taken by Cypriano. He was only 40 years of age by then and thus he was considered to be “too young” for the position of presidency in accordance to the banking institution’s standards. Other prominent executives who had served as presidents at the Bradesco include the bank’s founder, Amador Aguiar, and Lazaro Brandao. While the Board of Directors did not approve Trabuco for the position of presidency at the Council’s first meeting, it was not a coincidence that he was chosen at the second meeting which was held on March 2009 as the most suitable person for that position.

One of the most remarkable things regarding Trabuco is that he assumed office as the President of Bradesco at a time when the bank had lost its market share to Itaú Unibanco. He once claimed in an interview that the leadership of the company was the bank’s main goal but rather providing the best services to the clients in the municipalities in which it operates. One of the strategic moves to restore the bank to its leading position in the Brazilian banking industry was the acquisition of the HSBC’s Brazilian subsidiary. In light of this, Trabuco bought this subsidiary for US$5.2 billion. This strategic facilitated the company to gain more account holders. In addition it also led to the growth of the bank’s total investment funds as well as its branch network. Indeed, the move enhanced the bank’s overall growth within a year. Some financial analysts have argued that it could have taken the bank 6 years for it to achieve the same growth through organic growth.

After taking office as the President of Bradesco, Trabuco established a corporate University. Similarly, he also held discussions with the executives at all the hierarchical levels of the bank while seeking to renew leadership. In order to achieve this, he established a comprehensive plan for promoting the executives to the top leadership positions.

Learn more about Luiz Carlos Trabuco Cappi: http://www.tostoadv.com/bradesco-quer-mudar-regra-para-trabuco-ficar-no-cargo/

How Agents Like Samuel Strauch have Contributed to the Expansion of the Real Estate Sector in Miami Beach, FL

With the increase in the number of residential and commercial developments in Miami, Beach FL, investing in the real estate sector in the city can be tricky. The demands for luxury properties are also on the rise as foreign investors venture into this lucrative business. In a survey conducted by the city’s top real estate specialists, over 60 percent of those who invested in the industry were foreigners. The other 40 percent represents local buyers and investors primarily from New York.

Since Miami Beach, FL borders South American countries, most of the city’s dwellers are Latino. Real estate challenges, such as political instability and low commodity prices, have affected Miami Beach, FL. However, real estate brokers, such as Samuel Strauch, are on the verge of ensuring that these challenges are curbed. They are encouraging more foreign investors from European and Latin American countries to buy property in Miami Beach.Miami Beach is one of the favorite holiday and vacation destinations for tourists. This factor has greatly contributed to the growth of its real estate industry. The US government has also exempted state income tax and homestead ownership fees. This incentive has enabled the locals to own residential and commercial properties in Miami Beach.

About Samuel Strauch

Samuel Strauch is a realtor who is based in Florida. Throughout his 14 years professional career, he facilitated the sale and acquisition of several properties. These structures are situated in Sunny Isles Beach, Aventura, Margate, Hollywood, and Miami Beach. Samuel Strauch currently serves as an agent of Affinity Realtor Group Inc, a Miami Beach-based real estate company.

He ranks in the top 100 list of Miami Beach-based agents who sell residential properties fast. Samuel Strauch’s high-profile sales include a condominium at 3801 Collins Avenue that a buyer acquired at $889,500. He also facilitated the sale of a Collins Avenue-headquartered condominium at $732,500.

 

James Dondero Becomes a Valuable Member of Cox School Board

Mr James Dondero has a successful career as the collaborative founder and President of the company Highland Capital Management (HCM). Highland Capital Management is a leader in developing the Collateralized Loan Obligation (CLO) market as well as solutions for loans. The company works with investors in retail and business from all around the world.

Mr James Dondero has been in the business of equity markets and credit for more than 30 years. Mr James Dondero is a former student of the University of Virginia. He also studied at the McIntire School of Commerce from which he majored in Finance and Accounting.

In addition to being President and founder of Highland capital management, Mr James Dondero also holds the position of Chairman of NexBank and several other institutions such as NexPoint Residential Trust, CCS Medical, as well as Cornerstone Healthcare. He is also a part of MGM Studios and Jernigan Capital where he provides his skills as a board member of both of these companies.

Previously, Mr James Dondero was a park of the IC subsidiary of Protective Life where he worked as Chief Investment Officer. He used to work as a Corporate Bond Analyst and then Portfolio Manager at the giant American Express.

In November 2016, Mr James Dondero became a part of the Executive Board of the renowned Southern Methodist University (SMU) Cox School of Business. His company Highland Capital Management has been a strong supporter of SMU. There is a program that encourages and recognizes the students to pursue their academic and professional goals.

The Executive Board of the Cox School of Business involves approximately a hundred members. Most of them are not academics, but they do provide advisory services for the strategy of the Cox School of Business. The Executive Board holds meetings three times each year. There is a meeting during the winter, the spring, and during the autumn. There is a large number or project currently being executed or underway. In an interview, Mr James Dondero stated that he is very excited to take part in the initiatives and assist in the growth and development of one of the best academic institutions in the area.