Category: Business Leader

Insurance Executive Octavio Lazari Is Bradesco’s New CEO According To Chairman Luiz Carlos Trabuco

The wait is over. Seven Bradesco executives were in the running to replace Luiz Carlos Trabuco as CEO of the bank, and Octavio Lazari, the president of Bradesco’s insurance division, Seguros, got the job. Fifty-four-year-old Lazari has forty years of service with Bradesco, so he has a pretty good idea what needs to happen internally as well as externally over the next ten years in order to keep the bank profitable.

Luiz Carlos Trabuco, the former CEO, will still be around to help Lazari deal with the issues that make banking in Brazil so profitable. Lazari is no stranger when it comes to making money. While he was president of Seguros, his division was responsible for more than 30 percent of the bank’s profit.

Lazari is the second Seguros president to fill the bank’s CEO job. Luiz Carlos Trabuco was president of the insurance division from 2003 to 2009. He got the bank’s top job at the end of 2009, and Bradesco is a better bank because of his leadership. Trabuco was a bank trainee in 1969. That’s when retiring Chairman Lázaro de Mello Brandão gave Trabuco a chance to prove himself as a banker. Luiz didn’t have a banking education, so Brandão wasn’t sure Trabuco would cut it as a banker even though Luiz has a post-graduate degree in psychology and philosophy degree from the University of Sao Paulo. Brandão wasn’t disappointed with Trabuco’s banking skills. Trabuco went from trainee to vice-president in record-breaking time, according to some bank employees.

Read more on oglobo.globo.com

Trabuco is 67 now, so he’s too old to continue as the bank’s CEO. Brandão’s retirement in 2017 gave Trabuco the opportunity to move into the chairman’s office. He took the job knowing the bank is facing several challenges in 2018. Brazil’s economy is getting stronger, but the bank still has to deal with the massive influx of customers using the Internet and their cellphones as banking devices. Bradesco’s IT department is ahead of the market right now, but there is the fear that IT Vice-President Mauricio Machado de Minas will need more help in terms of new programs and more IT people to keep up with the mobile banking demand.

Plus, Bradesco is still dealing with the absorption of HSBC’s Brazilian operation. The HSBC acquisition is generating more profit, but now that the bank has more than 5,300 bank branches there’s fear some of them will drag the bank’s profit down. And the thousands of ATMs across the country need constant attention. Their future viability also needs attention. Lazari recently said the bank will not be in acquisition mode in 2018, but the investor pressure to keep the bank’s stock moving in the right direction may alter those plans.

Even though Mauricio Machado de Minas didn’t get the CEO job, and the other five executives are out of the running too, they still hold important positions. Team building is one of Lazari’s priorities, so investors can expect some internal changes once Lazari gets the approval of the stockholders are the annual meeting on March 12. Lázaro de Mello Brandão, the oldest banker in the history of banking is retiring, but retirement doesn’t mean staying home and watching telenovelas. Mr. Brandão will still have a desk and an opinion. Trabuco welcomes his decision to stay around the bank until all the changes are in place. At 91, Lázaro de Mello Brandão is still as sharp as he was when he took over as chairman when the bank’s founder Amador Aguiar passed away in 1991.

Investors on Wall Street like the new CEO. And they like the fact that Trabuco will still make the tough decisions with him.

Search more about Luiz Carlos Trabuco: http://economia.estadao.com.br/blogs/coluna-do-broad/bradesco-deve-anunciar-sucessor-de-trabuco-antes-do-carnaval/

James Dondero’s Philanthropy Makes a Positive Impact on the Dallas Community

James Dondero is Highland Capital Management’s president and cofounder, and has graciously donated millions of dollars to charities and nonprofits in the Dallas area. Dondero is committed to improving opportunities for higher education for those living in Dallas/Fort Worth and has established several beneficial partnerships to achieve this goal.

Dondero recently announced that Highland Capital Management would be giving the $1 Million Challenge Grant to The Family Place in Dallas. The funds will go toward the $16.5 Million Capital Campaign for Finish The Family Place. Visit Nexbank to know more about James.

James Dondero has also made significant contributions to the Dallas Zoo. Through Highland Capital Management, he has given $1 million to the zoo for the building of the Hippo Hut, along with several educational amenities and the zoo’s private events.

Highland Capital Management has also partnered with Southern Methodist University to offer the Tower Scholars Program. The scholarship donation was $2 million and serves students who want to learn more about public policymaking. Through the scholarship, students are also allowed to study abroad and gain access to impactful senior year internships and access to important professional and political leaders from around the world.

Read: https://www.huffingtonpost.com/author/james-dondero

James Dondero is involved with Education is Freedom as well. This is an organization that gives financial assistance for at-risk Dallas youth who want to go to college. Education is Freedom also provides these young people with professional development skills and preparation for standardized tests. The Education is Freedom team also mentors at-risk youth and provides internships with some of the foremost corporations and nonprofit organizations in Dallas.

Dondero and Highland Capital Management have also given their financial support to Snowball Express. The organization helps to provide memorable experiences for children of fallen servicemen and women who passed away while on active duty. The children come from various parts of the world for a a four-day event that includes going to sports games, amusement parks, dances and more. Visit nexpointliving.com to know more about James Dondero.

For more information on the ways that James Dondero has impacted the city of Dallas, visit www.jamesdonderodallas.com.

Desiree Perez also Recently Helped To Secure a Major Partnership

Music industry titan, Jay-Z, has reportedly been reaching out to many of the major figures within the music industry as his landmark deal with Live Nation is set to draw to a close next year. The deal between Roc Nation and Live Nation was for $150 million over a span of ten years, and as the end date looms close, either party now has the option to buy the other party’s stake in the company. At the onset of the deal, Live Nation decided to invest the recorded music at Roc Nation, in addition to the lucrative touring deal. While Live Nation has every intention of continuing their relationship with Jay-Z via their touring deal, they have decided not to continue their partnership in regards to recorded music. According to a statement given by an insider at Live Nation, the company is no longer in the business of investing in recorded music. Sources have also revealed, that upon spotting Jay-Z, along with his longtime associate, Dez Perez, were spotted at the offices of Sir Lucien Grainge in Santa Monica. Grainge is currently the Chief Executive Officer of Universal Music Group, and some have speculated that this could be the beginning of a significant relationship between Roc Nation and the industry juggernaut. This could mean wonders for the artists under the Roc Nation umbrella, which includes superstars such as Fat Joe, Meek Mill, and Rihanna.

Desiree “Dez” Perez is the current Chief Operating Officer of Roc Nation. She is actively involved with the company, oversee many of its daily operations, including publishing and management. Having been a part of Jay-Z’s inner circle for over 20 years, she is known as a supreme negotiator and has helped guide his career to new heights over that period of time. Dez Perez also recently helped to secure a major partnership between Samsung and Rihanna.

The Rise of OSI to Become a Major Player in the Global Food Processing Industry

The OSI is a premier company trusted by the world’s leading retail stores for the provision of healthy value-added food products. The OSI Group is a leading player in the food processing industry both in America and on the global platform. OSI is a privately owned company that primarily focuses on food processing, value addition and the same time does custom food product development for its clients globally. Unlike other food companies, the OSI is fully involved in the production of the food they sell from sourcing to the distribution of its products through the company’s highly sophisticated global chain management system.

The OSI has been termed to be one of Americas top 100 companies across all industries and is in the same league with successful tech companies such as Apple Inc. OSI has grown to become a global corporation that has an excess of 65 facilities across 17 different countries. Other than that, OSI takes pride in creating employment opportunities that cut boundaries as the jobs they create aren’t limited to the food industry alone. As of now, the company has an excess of 20,000 salaried personnel across these 17 countries. It should be noted that all its facilities though in different locations, focus on the same goal of making customized food products for OSI’s clients. Its growth is also visible with the recent acquisition of Baho Food and the purchase of the Tyson Food Plant.

OSI group provides unrivaled consistency and responsiveness aimed at meeting the various diverse and tailored needs of its broad client base. The company does tailor processing of foods ranging from meat, vegetables, fruits and other protein-based foods. When it comes to the processing of these foods, the OSI group focuses on the specific requirements of the firm’s clients. Unlike other companies, OSI’s mission is to always deliver a delight for every client they serve, and this explains why a lot of focus is put in understanding the detailed requirements of their clients.

Some of the products the company provides comprise of fried foods that include, chicken fried steak, fritters, tofu and taquitos. The company’s business aspect aside, OSI has continually put a lot of focus on environmental conservation throughout its operations. Thanks to the efforts and policies the company has put in place to ensure that their activities are in line with environmental preservation and sustainability, the company has gained mainstream recognition.

For details: www.foodprocessing.com/top100/profiles/osigroup/

Jason Halpern

Jason Halpern: Real Estate Entrepreneur
Jason Halpern is not only the founder and managing partner of JMH Development, but he is also the Director of Parametric Dining LLC. Born January 1, 1975, Jason is third-generation within in a family that has over a 50 year successful history in real estate. Mr. Halpern took over the family business of JMH in 2010, and currently the real estate development company has $500 million invested in various projects within New York State. Under the watchful expertise of Jason Halpern, JMH seeks to distinguish itself for its creation of distinct luxury commercial and residential properties.

JMH focuses on the restoration of historic properties, and the revitalization of properties in highly desirable and growing real estate markets in Manhattan and Brooklyn. JMH Development is responsible for the recent renovation of 184 Kent Avenue in Brooklyn, NY, which created 340 luxury residential rental properties as a result. The neighborhood of Williamsburg has benefited greatly, from the many commercial and residential projects taken on by JMH Development’s vision for real estate, with its attractive property design and feel.

Jason Halpern: Born to Develop Property
The Aloft Soft Beach Hotel, previously the historic Motel Ankara in Miami, Florida, is a great example of JMH Development’s focus on reuse and adaptation of historic properties. Located in the heart of Miami Beach, the 235-room hotel is one of the first to be opened in South Beach, since 2009. The hotel offers larger rooms than competitors, and allows guests to enjoy a prime waterfront location, while also being minutes from the Miami Beach Convention Center, boutiques, galleries, and night clubs.

Daniel de la Vega, Aviv Siso, Laura Garcia, Louis Buckworth, Thomas Juul Hansen and Jason Halpern
Jason Halpern values the importance of respecting the community he selects to develop properties in, thus he seeks to build a rapport with the locations he chooses. This is a key principal for Jason and his success with JMH Development because of his passion for historic buildings and their development. JMH Development has been written about in the Miami Herald and on Business Wire.

In addition to working in real estate, Jason Halpern is also a philanthropist. Jason is invested in the Joel A. Halpern Trauma Center at Westchester Medical Center. In 2015, JMH donated $20,000 of every contract signed at its Miami-based Three Hundred Collins residential project to fund water projects in Nepal and Ethiopia.

The Sensational Banking Career of Mike Baur

Very few people in life have had to recount their remarkable stories in the life of how they had always yearned to become someone successful when still young and going on to achieve it. To this Mike Baur can a test to a dream that finally came to be after years of hard work and dedication. Becoming a banker was all Mike Baur ever wanted to be since he was a young boy and realizing this dream to the point of earning recognition in the world of finance has been an added blessing. The dream did not come easy as it made him to slowly work his way up since he first took up his first job as an apprentice at UBS to his current position as an Executive Board Member of Swiss Bank. Swiss Bank is one of the largest privately owned banks in the world.

 

His solid educational background played an essential part in actually enabling him to attain his childhood dream of becoming a banker. Mike Baur has an MBA from Rochester New York University as well as Executive MBA from the University of Bern. His experience as a manager is now well over to decades since and to the testimony of his passion in banking he is still going strong with much optimism for the future.

 

Apart from being known as a sensational banker Mike Baur has another side to him which has equally earned praise to him. He is also widely known for his entrepreneurial skills which saw him establish an ICT Start up Factory in Switzerland. This was an idea that he hatched while still working in the private sector and it became the onset of his entrepreneurial journey just at the age of 39. The ICT Start up is independent and privately financed by Mike Baur.

 

In Switzerland, the Startup Factory became the No1 independent ICT start up accelerator that is privately funded. The accelerator program of the Startup Factory takes only three months to complete and mainly focuses on providing financial support, mentorship, coaching, provision of office space, and also access to an extensive entrepreneurial investor network.

 

In 2016 Swiss Startup Factory brokered a deal with CTI and Mike Baur became its deputy managing director. Again that year he was able to successfully lead the Startup Factory through another program they had with Goldback Group. In February 2016 he had seen the Startup Factory through another joint venture with Fintech Fusion. It was this leadership role that saw Wall Street Journal profile his career begging from the time he worked at the SwissBank to his days as an entrepreneur and investor.

 

Nick Vertucci – Educator and Mentor for Future Real Estate Investors

Mr. Nick Vertucci is an example of how one decision can change your entire life and bring you back on the right track. His life had gone downhill when he was ten. He spent his teenage years living in a van. Although he had started developing a business selling computer parts, his future crumbled in front of his eyes and so did his finances in 2000 when the dot com crash happened.

Having a wife and three children, Mr. Nick Vertucci had to take a loan after loan while his own income was at a minimum. The crisis lasted for 18 months until one day a friend invited him to a seminar dedicated to real estate. In the three days of the training seminar, Mr. Nick Vertucci felt like a new man. He felt a flood of inspiration and a renewed drive on fortunesinflippingevent.com. Those feelings lasted and stayed with him. He spends his time learning and training, working towards establishing himself as well as a business. It took him many years, but at the end, he managed to create a simple yet highly efficient system on bbb.org.

His passion sprouted another new thing as well – The Nick Vertucci Companies, Inc. The company also created the NV Real Estate Academy. Mr. Nick Vertucci’s years of striving towards success in the industry of real estate inspired a passion for teaching others how to do it as well. Nick created the NV Real Estate Academy in order to give others the chance to change their lives and support their families for generations to come.

The NV Companies turned into one of the largest investing firms in the United States of America. The corporation is highly dedicated to training and teaching future investors in the industry of real estate and so it one of the most valuable resources to offer on nvrealestateacademy.com. Among those resources is the trademark of the founder himself. The Fortunes in Flipping system was created in order to make financial goals come true. The system is available to anyone who wishes to learn and strive for success and change their lives for the better.

According tonvrealestateacademy.com the NV Real Estate Academy offers a workshop which covers the most important topics in real estate. During the workshop, a large team of experts and trainers teach about commercial investment, wholesaling and rehabbing, flipping contracts and properties, protection of assets, buying and holding properties long-term, leveraging IRA, and much more.

Find more about Nick Vertucci: http://nvrealestateacademy.com/education/