Tony Petrello Pays Employees For Volunteer Time During Hurricane Cleanup

Hurricane Harvey may always be remembered as the storm that shook the Texas coast and inflicted over $126 billion in damages, and certainly Texas citizens have as much mental and emotional recovery to do from the hurricane as they do physical damage. But there are many happy stories even among the tragedy of people selflessly giving of their time for physical rescues, and emptying their wallets to help victims receive the care they need. Among some of Houston’s most generous people is Nabors Industries Chairman and CEO Tony Petrello. Petrello decided not to just go back to business as usual after the hurricane hit, but instead he compensated every employee who pitched in with the recovery. Nabors Industries employees engaged in recovery activities ranging from physical repairs to helping trapped victims in rubble, and some made and served hot meals. Petrello donated over $170,000 of his own money to a relief fund that was matched by other donors.

Tony Petrello runs a tight schedule as CEO of Nabors Industries, one of the world’s most prominent oil drilling and technology development companies. He’s been with the company for over 25 years and at one point earned the recognition as America’s highest-paid CEO when his contract was restructured and he earned several bonuses for $68.7 million. Even though Petrello’s company has been a major employer in the Houston area and he’s given back millions of dollars to the community, he actually is not a Texas native.

Tony Petrello is originally from New Jersey and was better known as a math whiz in his younger days because he could be found solving complex math problems in his free time according to what his former roommate, Lloyd Grove at The Daily Beast said in a piece. Petrello appeared to be headed towards a career as a mathematician, but instead he surprised everyone by finishing his bachelor’s and master’s degrees in math at Yale University and getting his JD in law at Harvard. Petrello became an associate and later partner at Baker & McKenzie law firm where his practice centered around issues like tax compliance, offshore accounts, securities trading and other financial matters.

Petrello won over Nabors Industries’ executives with his financial law knowledge so they asked him to become Chief Operating Officer in 1991. When former CEO Eugene Isenberg passed away in 2011, Petrello took over his role and also became Chairman. In addition to managing billions in company assets and advanced drilling rig fleets, Petrello is also on the boards of several non-profit groups including the Texas Children’s Hospital and is a $7 million donor to their neurological research department.

Find more about Anthony Petrello: https://gazetteday.com/2017/07/the-real-story-behind-anthony-petrellos-success-as-ceo-of-nabors-industries/

New Chairman Luiz Carlos Trabuco Is Moving Bradesco Into The Digital Age

Bradesco offers its customers more than 60 thousand physical service points. There are more than 5,000 branches and thousands of ATM service centers around the country. Some executives on the Bradesco team think that is too many to support. The reason for the switch in banking philosophy is due to the surge in mobile phone use. Brazilians are using their phones to bank as well as shop.

The old bank branches are turning into expensive dinosaurs. There is a definite change going on in the banking industry, and some private Brazilian banks are expanding into the global market in order to hit revenue projections according to insiders.morningstar.com. Bradesco, on the other hand, is exceeding revenue projects because CEO and Chairman Luiz Carlos Trabuco continues to show great leadership abilities.

Trabuco and his team set up the all-digital franchise, Next. Next is one of the bank’s greatest achievements, according to Mauricio Machado de Minas. Mauricio Machado de Minas is the guy that actually put the Next program together for Bradesco.

Mauricio Machado de Minas is the current vice-president of Bradesco’s IT division, and he is also in line to take Trabuco’s position as CEO. Trabuco is moving into the Chairman of the Board’s office. The longest running Chairman of the Board in Brazil’s banking industry, Lázaro de Mello Brandão, is retiring, and the board gave his position to Trabuco. Mr. Trabuco will serve as CEO and chairman until his replacement takes over at the beginning of 2018. Even though 91-year-old Lázaro de Mello Brandão is retiring, he will still have an office in the bank. Trabuco and Brandão will continue to consult and plan when Brandão is available.

Bankers tend to move from bank to bank in order to move up the banking pecking order, but Luiz Carlos Trabuco did that without ever leaving Bradesco. Luiz got his entry-level banking job in 1969 after earning a degree in philosophy from the University of Sao Paulo.

Read more on economia.estadao.com.br

He also did graduate work in psychology at Fundação Escola de Sociologia e Política de São Paulo. Trabuco is one of those likable managers who understand what it takes for banking teams to succeed. He also knows Bradesco must stay current if the bank wants to attract more foreign investors.

Some Bradesco executives think the seven candidates for CEO job are good choices. They all know what Trabuco and the board expects, and they know how to make the board’s expectations happen, according to some of the candidates. Mauricio Machado de Minas, as well as human resource VP, Andre Cano, investment VP, Marcelo Noronha and Seguros President Octavio de Lazari, are on the shortlist for CEO. Some people think Chief loan officer Domingos Figueiredo Abreu has a shot at the job, and other people like Josué Augusto Pancini, because he is the VP in charge of all the bank branches.

The decision to name a new CEO and Chairman of the Board comes at a good time for Bradesco. Wall Street is telling investors to buy the bank’s stock in 2018. Some investors aren’t waiting, thanks to outstanding third quarter results. The bank is beating last year’s revenue, loan, and assets under management numbers.

But one of the main reasons for the investment interest in Bradesco is the economic recovery that is taking place in Brazil. According to the Brazilian government, the worst recession in modern times is over. But there are still political issues and dirty laundry to address.

And the uncertainty that surrounds the governmental stagnation still creates doubt in the minds of some foreign investors. Brazilian President Michel Temer is making bilateral trade agreement progress, and the Central Bank is lowering interest rates. Trabuco thinks that’s good news, so the bank is planning to expand their loan portfolio in 2018.

Learn more about Luiz Carlos Trabuco: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

Facts You Need To Know About Livio Bisterzo

Livio Bisterzo recently invested in HIPPEAS, a fast growing food company. The prolific actor launched the venture in partnership with strand equity partners and Leonardo De Carpios. The snack company is famous for its production of chickpea puffs which are designed in various flavors to cater to the diverse tastes and preferences of customers.

Livio Bisterzo is excited and impressed with the partnership between strand equity partners and tornado, and he believes that their working together will lead to an improved level of production. Besides, Livio Bisterzo insists that the partnership will highly increase the number of customers in the market and make their products better. Besides, he believes that the two partners align with the company’s vision and mission, and as a result, they will work towards accomplishing the goals of the firm.

Read more: Livio Bisterzo to convert Mayfair pub into Italian restaurant.

Besides, Livio Bisterzo comes from a marketing background and through his many years of experience in the field of entrepreneurship, he has helped to improve the operations of his company. He started his career in the early 2000`s when he launched an events business which became successful. Due to his passion for accomplishing most of his business goals, Livio Bisterzo started various consumer brands as well as business portfolios which have seen him as a great entrepreneur. His arts of innovation have profoundly contributed to his success in his various investments, and as a result, he has received appraisal on some media platforms including The Times, Sunday Styles among others.

Livio Bisterzo has experienced great success in his career and was nominated in London`s one thousand most influential people by the evening standard. The investor also partnered with RNA Corporation in 2009, where he helped to design men`s skin care products which attracted a large number of individuals and this saw the product sell in over twenty-five countries.

Livio Bisterzo later quit the business and acquired a beverage company in Danish which mostly focused on producing an organic blend of tea and juice. The company experienced a significant development and success, which later saw the investor win various awards to amend his excellent work. Bisterzo has continued to bring much innovation in the field of entrepreneurship and focuses on providing quality products that cater to all customer needs and preferences.

Follow Livio Bisterzo on Instagram.

Sheldon Lavin: Globalizing A Domestic Food Firm

The global market offers countless opportunities for businesses to exploit. It is marked by a huge customer base and different external factors that if any company find the right business strategy mix, can achieve significant success. One such business entity that has successfully found the right business strategy mix is OSI Group: the world’s leading supplier of value-added protein products.

However, the success of any company is multifaceted phenomenon driven by many factors including its leadership and employees. OSI Group’s success has been significantly shaped by its owner, chief executive officer and chairman of the board of directors, Sheldon Lavin.

Through Mr. Lavin’s efficient leadership, OSI Group has transformed from a domestic food company into a multinational corporation operating in 17 countries. The Vision Award winner has expanded the company’s through strategic partnerships and acquisitions such Baho Food Company. Mr. Sheldon Lavin views the 2016 Baho’s acquisition as a strategic move towards expanding OSI Group’s presence in the larger Europe since the Netherlands-based company is a market leader in the region through its five divisions in Germany and Netherlands. This is in addition to the acquisition of Flagship Europe in 2016 and Hynek Schlachthof GmbH in 2017.

Towards Award-Winning Management
Sheldon Lavin is a multiple award-winning company executive having been honored by India’s Vision World Academy for his excellent management skills, which have seen the fortunes of OSI Group rise exponentially since he took over the company’s leadership. He was also awarded a Lifetime Achievement Award by RSM US LLP in 2015 for transforming OSI Group into a multibillion dollar enterprise with global outlook. Under his leadership, OSI Group has guided the company he initially joined as a financial consultant in 1970 to several honors. The company is a constant feature on Forbes’ top lists of largest private companies and fastest growing companies. The excellent environmental management program has been recognized with the Globe of Honor award by the British Safety Council in 2016, 2015 and 2013. In 2015, the British Safety Council awarded the company the Sword of Honor award for its excellent workplace health and safety management program. The double recognition was reflective of the company’s commitment towards creating an eco-friendly working environment.

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