Anthony G. Petrello’s Journey to Being the CEO of Nabors Industries

Anthony G. Petrello is the President, Chairman, and the CEO of Nabors Industries, which is an oilfield service firm that specializes in contract drilling. At the age of 18, Petrello was awarded a full-scholarship to pursue his dreams at Yale University, where he graduated with a master’s degree in mathematics. He later advanced his education at Harvard Law School for his interest in the human sciences.

Before Anthony G. Petrello joined Nabors Industries, he worked as a managing partner at Baker & Mackenzie from the year 1986. In 1991, he resigned from his job from the law firm and moved to Houston where he joined Nabors Industries as the company’s Chief Operation Officer. Nabors Industries managers were impressed by the way Anthony Petrello would analyze data and cases that were before him. they saw him as a great manager who would help Nabors Industries in the management of its operations. it is clear that Anthony Petrello was no afraid of taking on new challenges.

Meanwhile, Anthony G. Petrello in October 2011, succeeded Eugene Isenberg to become the President and CEO. In June 2012, he was elected to the board of directors and in the same year acceded to the board’s Executive Committee. He added chairman of the board and the Executive Committee to his titles.

Anthony G. Petrello is responsible for the general operation as well as strategic planning at Nabors Industries. His knowledge in this particular field has helped realize massive success as he continues scaling up the completive oil markets. In the year 2013, Petrello earned a total compensation of 68.2 million dollars for the 2012 financial year, to emerge the highest paid CEO at the time.

Nabors Industries currently owns approximately five hundred drilling rigs in twenty-five different countries. The company specializes in, land, offshore and directional drilling, drilling software and equipment as well as drilling technology. The company has a good history of providing high-paying jobs to the people in the US. The company highly skilled workforce that for years continues to set new standards for overall excellence and transforming the oil industry.

Under the leadership of Petrello, Nabors Industries also involved in charitable activities. Anthony G. Petrello and his wife Cynthia donated millions of dollars to Texas Children’s Hospital for research and support for the neurological affliction in children. Today, the hospital takes good care of children with different conditions including Carena, Petrellos daughter.

Anthony Petrello Info: www.houstonchronicle.com/business/steffy/article/Nabors-keeps-overpaying-CEO-4356088.php

Luiz Carlos Trabuco Cappi: The Brain Behind Bradesco’s Landmark HSBC Deal

It is arguably true that Luiz Carlos Trabuco Cappi is one of the most respected corporate executives in Brazil. In the Brazilian economy, only a few corporate executives are accorded the respect that Luiz Carlos Trabuco Cappi enjoys. As the president of Bradesco, a leading financial institution in Brazil, he handles some of the largest credit operations for a majority of the financial projects in the nation. As a result, he is followed closely by many individuals including newspapers and magazines.

Luiz Carlos Trabuco Cappi was nominated to head Bradesco in 2009 at the age of 57. His appointment meant that he became the fourth president of the leading private banking institution in Brazil. Luiz Carlos Trabuco Cappi succeeded Marcio Cypriano who had retired at 65 years of age, which is the ceiling age for Bradesco presidents. Other leaders of the bank include Amador Aguiar, the founder, and Lazaro Brandao, the chairman of the board. On his appointment, Itau Unibanco, a long time rival of Bradesco has taken the lead in the industry opening an R $150 billion gap between the two banking giants. Contrary to majority’s expectation, Luiz Carlos Trabuco Cappi stated that ensuring better service delivery to the municipalities they serve was his primary goal.

Early Career

Luiz Carlos Trabuco Cappi was born 1951 in Marilia. He later graduated with an undergraduate bachelor degree in philosophy, science, and letters from the University of Sao Paulo. The president then began working for Bradesco in 1969. He grew up the ranks until he was promoted to serve as the president f Bradesco Seguros, a position he held from 2003-2009. It was his achievement at this company that got the attention of Lazaro Brandao, who was then the president of the enterprise. Brandao could later suggest Luiz Carlos Trabuco Cappi as his suitable replacement at his retirement.

During his tenure as the president of Bradesco Seguros, he raised the insurer’s market share from 23 percent to 25 percent. He also raised the insurer’s contribution to the Bradesco from 26 percent to 35 percent. Before he served as the president of Bradesco Seguros, Luiz Carlos Trabuco Cappi had served as the vice president of the organization. At the time of his elevation to the presidency, he had served at the firm for 40 years.

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Achievements

Earning the presidency of Bradesco is not an easy task. The bank values loyalty and continuity. With 40 years in the bank and having achieved significantly, Luiz Carlos Trabuco Cappi was the best fit for the company. Six years after he was made the president of the organization, Luiz Carlos Trabuco Cappi signed a deal with HSBC worth $5.2 billion, which became the largest acquisition in Brazilian corporate history. This deal enabled Bradesco to beat Itau Unibanco, which had overtaken it in 2009. With the acquisition, Bradesco managed to beat Itau Unibanco in three broad categories including total assets, number of account holders, and branch network.

Speaking during an interview with MONEY after the deal, Luiz Carlos Trabuco Cappi indicated that the deal helped the company achieve what it could have achieved in six years of organic growth. Initially, the corporate executive had laid down plans to help the firm grow organically by reducing interest rates and opening more branches to reach a huge consumer base. Winning this deal made his name among the most sought-after corporate executives in the history of Brazil. This achievement enabled him to get recognized by DINHEIRO as the Entrepreneur of the Year 2015. Luiz Carlos Trabuco Cappi’s love for Bradesco led him to decline an offer by President Dilma Rousseff to run the ministry of finance stating that his DNA is in Bradesco.

Fabletics: Kate Hudson’s Dream Realized

Most people don’t understand how hard it is for celebrities to build a genuinely successful business. It’s not as simple as putting their face on something and using their celebrity to sell. Even for celebrities, a new business is a small business and should be run as such.

When Kate Hudson started Fabletics, she didn’t let her celebrity sell the products. Fabletics is part of e-commerce market dominated by countless powerhouses, including Amazon. Yet, Hudson managed to build her brand into a $250 million success with over one million members worldwide. Fabletics members really love that their products are actually affordable.

While being a celebrity does add an easier avenue when it comes to advertising; it does nothing for everyday operations. Without a good business model, any company can fail. That’s why Hudson wanted Fabletics to create products for every kind of woman; from small to big and young to old.

That dream was realized on Monday when Fabletics announced it would be expanding its products to suit women of bigger sizes. Entering the plus-size market won’t be easy, but it’s something that needs to be done. It’s not that other companies don’t already sell plus size products; it’s that those products cost nearly $250.

Following in Kate Hudson’s footsteps isn’t that hard. First, she identified every market opportunity that pertained to her business. That should be the first step for anyone starting any kind of business. For Fabletics, the affordable and fashionable activewear apparel market was available.

Additionally, Hudson is very hands on with her company. She’s actually involved in every meeting and looks over her sales numbers regularly. She shows personal interest in every product from design to sales. If a product is selling like it should, that item is taken off the site immediately.

Hudson talked about starting a company like Fabletics for a long time. What made her finally decide to do it was her mother, icon Goldie Hawn. She raised Hudson to follow her dreams and believe in herself. Without self-confidence, Hudson would have never made the jump from actress to business-owner.

And now, that inspiration comes through in her company. Fabletics members feel the love and passion Hudson has for her products and them. It really isn’t about the money. It’s about the people.

Black Friday week is still going strong! Shop the sale in stores and online. (Link in bio)

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OSI Group Continues To Expand Its Operations Around The World

OSI Group otherwise known as OSI Industries is a premier supplier of high-quality and custom made foods that serves customers all over the world. Its mission of sustainability and improving the communities it serves is well-known, and its dedication to providing clean, nutritious, tasty foods to its customers has been a hallmark of the company since its founding in 1909. Forbes has recognized OSI as one of the top 100 privately held companies in the United States, and its acquisition of a closed down Tyson plant in Chicago recently has secured its future in the area and the greater part of the U.S.A. The company also has been expanding around the globe, and this article outlines a bit more about that expansion.

OSI Picks Up Baho Foods

Baho Foods, a Dutch company, manufactures convenience foods and more specifically offers a spread of deli foods and snacks. Its companies Henri van de Bilt Bakx Foods, Q Smart Life, Gelderland Frischwaren, and Vital Convenience are served by processing plants in the Netherlands and Germany, and their customer base is large and exists in 18 different European countries. OSI’s acquisition of Baho Foods will add to its already large customer base, and John Balvers, managing director of Baho Foods is happy to join up with OSI and help to fulfill its greater mission of serving people excellent food choices.

Flagship Europe Joins OSI

In 2016, Flagship Europe announced that it had accepted an offer from OSI to purchase it. The company provides foodservice products all over the UK and some of its offerings include Oliver James pies, mayonnaise, sauces, dressings, frozen poultry, sandwich fillings, marinades, and sous vide equipment. The chief executive of Flagship Europe is excited to be a part of the larger OSI Group and feels that the partnership will strengthen the company’s already large customer base and include them in the global market to learn more about us: https://www.inc.com/profile/osi-group click here.

Sheldon Lavin: CEO Of OSI Group

Sheldon Lavin is a large part of the success of OSI, and he has been with the company for more than 40 years. His experience as an investor and banker has been crucial to the company’s bottom line. His purchases and acquisitions have all been extremely strategic and beneficial for the long-term success of the company.

Rick Smith’s Vision For Securus

Securus Technologies recently announced that it had signed a “Stock Purchase Agreement” allowing it to acquire JPay Inc. A leading technology firm, JPay is credited with introducing email, educational apps, entertainment apps, and electronic payments. JPay is currently operational in over 33 state correctional systems.

Rick Smith’s Reaction To The Acquisition

Responding to the historic acquisition, Securus CEO, Rick Smith said that his company was now capable of offering any high tech or software based technology that prison facilities require to run a modern jail. Smith said that his company had acknowledged JPay as a formidable force in the correctional facilities technology products.Ryan Shapiro, the CEO of JPay further commented that his firm’s products delivered value to all concerned parties: family and friends of an inmate, the inmate, and the staff at the prison. He further stated that the aim of this acquisition was to help the development of groundbreaking products that are adopted on a large scale.Shapiro commended his team for relentlessly pursuing the company’s vision that was to come up with products that make correctional facilities safer, efficient, and that helps inmates transition into reformed citizens when they are released. He also pointed out that Securus would not lay off the management team at JPay but that they would be retained. Mr. Smith would continue to manage JPay as a subsidiary of Securus enabling JPay continue running as it does but with the added advantage of Securus’ vast resources and deep relationships. The transaction is expected to close officially towards the end of 2015.

Rick Smith’s Profile

Rick Smith is currently the CEO of Securus and is credited with his long track record in the telecom industry. Smith has spearheaded the technology that is applied in the field and has played a significant role in turning Securus into one of the finest services for making calls to correctional facilities.Rick Smith introduced video calling to Securus to ensure that people are able to see their loved ones when they call them. The firm has been using video cameras installed in prisons to make calls and Rick believes that all who are allowed to see their loved ones in prison have a better visitation experience.Since prisons are not permitted to take calls supported by any phone line, Securus is approaching them every day by forging partnerships. These correctional facilities are convinced to accept calls from the firm to make sure that they serve a large number of inmates and they are currently looking for more people to use their video call services to provide visitations with children, families, and others interested in socializing with the inmates. Rick’s vision for Securus is to see the firm expand to all prisons in America. Rick intends to utilize technology that will make it easier to reach prisons.