Category Archives: CEO

Home / CEO
6 Posts

Canadian Businessman Louis Chenevert is the former CEO of the United Technologies Corporation. As the CEO of this company, he was responsible for all businesses that were under the conglomerate. One of the firms under the conglomerate was the Pratt & Whitney. P&W is a jet engine manufacturer for commercial and military planes. Before Louis Chenevert was appointed the CEO of UTC, he was taken from this company where he was working as the president. The promotion was made because of the good results that the company recorded while he was in leadership. He recorded profits at a time when other businesses were making losses. This became the highlight of his career before joining UTC.

Pratt & Whitney dealt with design, manufacture, and servicing of aircraft engines. The company is one of the biggest forms in the world making over $1 billion in profits every year. The firm employs over 33,000 workers. Being placed at the head of such a company is no mean achievement. You must have proved you deserve it. The position was coming not long after he was joined the firm. After seeing what was happening at Pratt & Whitney, the parent company, UTC came looking for this person who was different from anyone else and who had managed the firm.

One of the notable achievements that Louis Chenevert made with P&W was the creation of the geared turbofan engine. This is one of the most advanced aircraft engines. Louis Chenevert felt that this engine would be the main product for the company in years to come. When he moved to UTC as chairman in 2006, he did not forget the plan to create this engine.

Louis Chenevert at UTC was no different, jut more responsibilities. He continued doing wonders. This time he was head of the aerospace industry as well as other product which were produced by various conglomerates under the company. Some of these products include HVAC’s escalators and elevators among others. Louis Chenevert took up the new job and performed it with great passion. He made sure that all that he was supposed to accomplish was accomplished. He left the company in 2014 after giving it 6 years of consistent profits.

http://releasefact.com/2018/05/louis-chenevert-inspiring-story/

Vinod Gupta is an entrepreneur and businessman born in 1946 in India. He took a bank loan for $100 and used it to create a business he sold for $680 million. He was the CEO of InfoUSA, acquired additional companies and filled a niche in information technology. His investment firm is called the Everest Group. This firm provides database technology startups with venture capital, fosters success with information technology and acquires struggling businesses. Vinod Gupta prides himself on providing underserved populations with employment opportunities. His resources are devoted to charities including schools in India. Read more about Vinod Gupta on Chicago Evening Post: Law School At IIT Kharagpur, Established By Vinod Gupta, Rated Number One In Research And Number Four Overall In India

 

Vinod Gupta went to work for the Commodore Corporation after graduating from the University of Nebraska. The company manufactured mobile homes. His responsibilities as a Marketing Research Analyst including compiling lists of United States mobile home dealers. When Vinod Gupta learned there was no such list in existence, he realized how much time businesses would save with an expansive list. He created a database, invested in direct marketing and targeted companies that would receive benefits from his data. He received many orders for his list and realized how high the demand was for business to business information.

 

After InfoGroup had been in business for many years they started acquiring other businesses. Vinod Gupta had developed, used and perfected the methods necessary to assist struggling companies. These skills came from operational experience and a global scale of database technology. Vinod Gupta currently spends most of his time in building up the futures of numerous companies. He has learned future goals are incredibly important for the maintenance of successful companies. He has a core team he trusts to handle the daily operations of his company.

 

Everest Group is steadily acquiring businesses in background checks, digital printing, operational platforms and information technology niches. Vinod Gupta uses market testing when considering new ideas, products and technologies. He believes many entrepreneurs make the mistake of limiting field testing. There must be a need for the idea in the market or it will be obsolete. Vinod Gupta will be using artificial intelligence to make decisions through his database. He believes this will increase his market size. This involves the way his products can be used and their longevity.

 

 

Read more about Gupta’s interview with Ideamensch on https://ideamensch.com/vinod-gupta/

Dr. Eric M. Forsthoefel is an Emergency Medicine Physician practicing at the Tallahassee Memorial Healthcare emergency and acute care department. Dr. Forsthoefel was awarded his Medical Degree from the University Of Louisville School Of Medicine with the 2009 class. In 2012 he completed his post graduate training in Emergency Medicine at Louisiana State University Shreveport. Emergency Medicine residencies are three to four years in length and encompass training in all aspects of Emergency Department medical practice. At the completion of the Emergency Medicine Residency a candidate is required to meet all of the training requirements and exams dictated by the American Board of Emergency Medicine. Dr. Forsthoefel has met all of these requirements and is a Diplomat of the American Board of Emergency Medicine.

Dr. Forsthoefel has been practicing Emergency Medicine for six years and is licensed to practice medicine in the states of Florida and Louisiana. He has hospital privileges at the Tallahassee Memorial Healthcare’s Bixler Trauma & Emergency Center. North Florida’s Big Bend Region’s only Level II Trauma Center. Bixler Trauma & Emergency Center has 53 beds and four trauma bays. It treats more than 65,000 patients each year.

Tallahassee Memorial Healthcare is a 772 bed acute care hospital founded in 1948, serves a 17 county region encompassing North Florida and South Georgia. The emergency department physician group Dr. Forsthoefel practices with is Physician Partners –  Emergency Services located at 1300 Miccosukee Road Tallahassee, FL 32308. Physician Partners is a part of the Tallahassee Memorial Healthcare Network. The Tallahassee Memorial Healthcare System is a nonprofit system that accepts all non-elective patients without regard to financial status or the ability to pay for services and care. Dr. Forsthoefel accepts major private medical insurance, Medicare, and all insurance plans accepted by the Tallahassee Memorial Physician Partner Network. Dr. Forsthoefel speaks fluent English and Spanish with his patients and the staff.

https://www.doximity.com/pub/eric-forsthoefel-md

Sahm Adrangi is a 33-year-old executive who owns and operates his own New York City investment firm, Kerrisdale Capital Management. In February 2018 he issued a very negative report about Eastman Kodak Company and their new plan to enter the area of cryptocurrencies. His report highlighted some of his thoughts and findings and invited investors to listen in on a conference call he would be conducting about Eastman Kodak. He also explained that he had taken a short position on Eastman Kodak Company’s stock in the hedge fund that he operates.

In early February Eastman Kodak Company had announced two developments that tied in with each other. The first was KODAKOne, their new image licensing platform. The second was KODAKCoin which is their new cryptocurrency. The plan is that people will buy images on KODAKOne using KODAKCoin and the owners of the images would receive payment in the form of KODAKCoin. Among the many problems Sahm Adrangi has with this is that no one in their right mind wants to get paid with some cryptocurrency whose value isn’t backed by anything and the value of which fluctuate wildly.

Another thing that Sahm Adrangi said in his report was that Eastman Kodak Company has had poor fundamentals for years and their entering the cryptocurrency industry will do nothing at all about that. He also said their capital structure is buried in debt and, again, entering the cryptocurrency industry wouldn’t change that fact either. When Eastman Kodak had made their announcement their stock shot up close to 200%. Sahm Adrangi said this was entirely unjustified and it was all built on hype and speculation. He expected their stock to soon tank once investors understood what was happening.

Prior to opening Kerrisdale Capital Management, Sahm Adrangi had been an analyst in the financial industry. He had worked for three firms which were Deutsche Bank, Longacre Fund Management, and Chanin Capital Partners. He has experience in a few different specialties such as restructuring, distressed debt credit, equity funds, and leverage financing among others. His hedge fund manages about $300 million in assets and it was founded in 2009.

https://www.institutionalinvestor.com/images/416/Sahm_Adrangi_bio.pdf

Sheldon Lavin moved into the meat industry roughly 43 years ago after a successful career in banking as well as having a consultant company. He became the CEO and chairman of OSI Group and has subsequently transformed the business into an international distributor of food products. The firm is presently the most massive meat and meat related products processor, and they have been in operation since the early seventies. The corporation has an estimated 20,000 employees internationally. Mr. Sheldon boasts of the low turnover of employees, which he ascribes to the family-oriented corporate culture at the company that guarantees their longevity.

Sheldon Lavin first entered into the meat industry in 1970 when he facilitated financing for Otto & Sons. In 1975, Lavin became more engaged with Otto & Sons as searched for more investments abroad. Due to his active involvement in the company, Lavin was appointed as a partner along with the two sons when their father retired from the business. Later, Mr. Sheldon agreed to move into the market on a full-time basis since he was captivated by the culture of the company and the strategies employed by the corporation.

OSI Group started its journey of spreading out across Europe and North America in the 1970s. In the 1980s, it progressed to South America and Taiwan. Subsequently, it expanded to South Africa, Philippines, Japan, China, and Australia. During this time Lavin had attained 100% voting control of the company. Presently, the OSI Group has more than 60 factories in 16 different countries across the globe. Moreover, Sheldon Lavin is an active philanthropist engaged in various charities such as Evans Scholarship Fund, Boys and Girls Clubs of Chicago, Ronald McDonald House Charities, and Jewish United Fund among many others.

On 20th February 2016, Sheldon Lavin got honored by Vision World Academy from India with the Global Visionary Award in an event held in India. This award acknowledges visionaries in various sectors that have achieved their dreams through perseverance and persistence. He received the award during the Academy’s fifth recognition of prominent visionaries.

Moreover, OSI Group has earned other vital awards counting the Globe of Honor Award conferred by the British Safety Council. This award acknowledged firms that have developed unique techniques of downgrading environmental pollution. OSI Group was also positioned as the 66th corporation in the food and beverage market and declared by Forbes as the leading company in the globe. All these honors were made possible due to the impeccable administration of Sheldon.

Read More: www.facebook.com/OSI-Group-106191179472361/

Among the biotech firms based in the United States, Seattle Genetics stands among those that have contributed enormously to the development of cancer therapy drugs. The man behind this institution is Dr. Clay Siegall who is the founder and chief executive officer. Siegall graduated with a degree in Zoology from the University of Maryland. Later, he attended George Washington University and graduated with a Ph.D. in genetics.

 

In a recent interview, Clay Siegall said that the inspiration that led to the start of this institution laid first in his passion. According to him, he always had a particular interest in medicine, and the power technology holds over disease. He always desired to intervene in nature’s course and bring health to those consigned to death by nature. Siegall first interest was in the cancer therapy. It was after a brutal treatment of a relative that drove him to start the research into the disease. He says that the chemotherapy was so brutal that at a point, it caused anemia almost killing the patient. With alternative options offering no help, he resolved to find a better way. Going to this business of research has catapulted him to the person he is today.

 

According to Siegall, there are several ways in which the company makes money. First, it’s through the sale of proprietary drugs. The company does very well on the sale of antibody drug conjugate that is FDA approved. However, the organization also acquires money from production partnerships and licensing of technologies. Alternatively, they have several sources of revenues through which they get money. Clay continues by adding that the company became profitable ten years after the IPO.

 

Among the challenges that Clay faced came in 2000. The capital was depleting faster than the income they generated. They managed by working extra harder. They have a sales staff that do the marketing. Through a lot of interaction, they land the right buyers. Ultimately, it’s through hard work and passion that he achieved

 

Over the years Clay Siegall held several positions in different organizations. At Mirna Therapeutics, he served on the board of directors. The chairman of the institution regarded Siegall Knowledge as invaluable and would benefit the organization. At Ultragenyx, he also held a position on the board of directors. At 40’s he advises aspiring entrepreneurs to commit, interact and work with passion as they are key to prosperity.