Category Archives: Business Leader

Trabuco Sees Mixed Results As CEO, But Repositions Firm For Decisive Future Battle

Today, the Brazilian banking industry is completely dominated by two major players. These are the conglomerate of Itau Unibanco, formed by the merger of those two banks and Bradesco, a bank that experienced one of the most stunning periods of growth in Latin American history.

Luiz Carlos Trabuco is the CEO of Bradesco. As a career banker who has been with his firm since the age of 18, the 66 year old banker is widely acknowledged to be one of the most experienced and expert people the industry currently has. But since taking over the helm of the giant bank in 2009, things have not all gone according to plan.

For the first six years of his tenure, Trabuco struggled against an unfavorable macroeconomic backdrop and a rapidly falling stock price. At the low point, in 2013, the stock had fallen by nearly 50 percent from its high in 2009. This marked a low point for Trabuco, as calls for his resignation began being heard, in muffled tones, throughout the Brazilian financial press. But then, in 2015, he pulled off a major coup. The inveterate banker acquired HSBC Brazil, in full, for an all-cash deal of $5.2 billion, the largest single transaction in Brazilian history.

This instantly rocketed Bradesco, which had fallen to a distant second-place in the Brazilian banking sector, back to a solid number-one position in many different categories. Bradesco, now with over $400 billion in assets, $50 billion in revenues and more checking account holders, assets under active management and loans outstanding than any bank in the country, is a major player on the national scene. While Itau Unibanco is far from being down for the count, many experts point to the deal as evidence that Trabuco’s skill, leadership and unsurpassed knowledge of the banking industry is beginning to manifest in a slowly emerging decisive advantage for Bradesco. This, many say, could eventually lead to the bank becoming a soft monopoly on the country’s banking market.

What is Trabuco’s real strategy?

While Trabuco himself, an expert marketer who proved himself over eight years of running the company’s highly successful marketing department, is quick to issue standard corporate boilerplate about creating a good customer experience and adding value to the community being the firm’s only and singular goal, many industry observers are unconvinced this is his true intention.

Trabuco’s career has been nothing, if not a tour de force in a nearly monomaniacal drive to create sustained and competition-smashing growth in every business unit that he has ruled over. During his time in the company’s financial planning division, Trabuco grew the unit from an insignificant part of the business into a business line accounting for more than 25 percent of the firm’s total profits. By the time he was done, Bradesco’s financial planning arm was the most important such business in the country.

He repeated this feat as head of the company’s insurance department. Between 2003 and 2009, Trabuco grew Bradesco Seguros in the largest underwriter of retail insurance policies in the country, again establishing a virtual monopoly over certain areas of insurance underwriting. His formidable talents for creating explosive growth seem to be conjured at will, as he has taken these units from virtual write-offs to major winners.

The question now remains as to whether or not Trabuco will be able to repeat these performances with the company as a whole. While his first six years were bitterly disappointing to many, Trabuco has shown he’s still in the fight, and throwing hard punches, with the acquisition of HSBC Brazil.

Only the future can tell what’s in store for Bradesco. But betting on Trabuco never seems like a bad idea.

For more information about Luiz Carlos Trabuco: http://www.istoedinheiro.com.br/noticias/negocios/20151218/luiz-carlos-trabuco-cappi-empreendedor-ano-nas-financas-2015/327856

Eric Lefkofsky Uses Tempus to Fight Cancer

Eric Lefkofsky is a prominent business professional who has earned stellar reputation through investing in viable businesses. Having founded Groupon, a company that thrives on technology and its advancement, Eric is trusted with handling multiple business accounts in different technological sectors. He is perhaps famous for having donated millions towards cancer research and therapies. Currently, Eric graces medical journals in regards to his declaration on battling cancer and its effects on humanity. Moved by the passion to relieve the suffering from enduring pain that comes with chemotherapy, Eric built a startup that works with physicians to cure cancer. Rather, the startup focuses on finding curative therapies for suffering patients and learn more about Eric.

Tempus

Tempus is a company that deals with technology in building the world’s best and largest library that incorporates molecular as well as clinical data. Using an operating system, the company initiates systems that make it easy for data to be accessed. The company approaches medical issues by utilizing genomic as well as transcriptomic sequencing through the laboratory. This is to ensure that doctors acquire help through a clear understanding of the conditions on ground. For Tempus, it is critical for doctors to handle medical issues at a personal level. Tempus uses its platform to allow physicians to analyze the molecular data through clinical data. Tempus helps doctors in analyzing tons of data to make decisions that work better for effective treatment and more information click here.

 

Philanthropy

While Eric is a business professional, he is a dedicated philanthropist. He founded the Lefkofsky Foundation, a family initiative that supports charitable as well as scientific and educational organizations. Eric Lefkofsky is dedicated to empowering advanced as well as high-impact programs and initiatives. Through research and the enhancement of human lives, Eric uses annual evaluations to establish a system that works for not only the foundation but the society as well. The key performance indicators for the organization are based on the number of societal projects that have been handled. From education, human rights, arts , culture as well as medical research, the family foundation is better placed to offer the society a better living environment. An additional factor that helps Eric to achieve more in business and charity is his excellent leadership skills. Through this, he has been able to establish strong teams for the purpose of company management and Eric on Facebook.

George Soros Re-emerges in the Political Arena with Great Enthusiasm

George Soros is a Hungarian billionaire based in New York. After a long period of silence in politics, he made a major comeback last year and was among the greatest donors of the Democratic Politics. The last time George was involved in politics was in 2004 when he spent a fortune funding campaigns in an attempt to beat President Bush.Last year, Soros donated approximately $25 million to support Hillary Clinton alongside other Democratic Candidates during the campaign period. According to his close associates, Soros has never been so involved in politics like he was last year. His intense involvement in politics was due to his confidence in Hillary and fear of Donald Trump, whom Soros speculates is associated with the works of ISIS. The political stakes were very high for Soros because of increased opposition to the matters he cares about and supports earnestly such as religious tolerance, criminal justice reform, and immigration reform.

For the first time, Soros had planned to attend the Democratic convention to witness his longtime friend, Hillary Clinton, receive the Democratic Presidential Nomination. Unfortunately, he had to cancel the tour at the last-minute to attend to his businesses in Europe that were scheduled for that week. This showed that Soros had come back to the political arena with a lot of enthusiasm.George Soros was born and brought up in Hungary, where he was a victim of discrimination as he lived during the Nazi occupation. However, he survived the harsh rule and also motivated others to do the same. Soros later fled the country and educated himself at the London School of Economics. He migrated to New York where he managed to create a hedge fund that later became the Quantum Fund. George Soros is a political activist as well as a dedicated philanthropist. He has a net worth of approximately $25.2 billion which he attained through currency trades. According to Forbes, he is the world’s 22nd richest man.

Soros is the chairperson and founder of the Open Society Foundation, a network of partners, foundations, and projects across 100 countries. Most of his funding supports organizations and individuals who fight for transparency, freedom of expression, and accountability in the government. His donations are focused on people who are discriminated, and he is devoted to fighting the intricate problems in the world. Through the Open Society Foundation, Soros has given more than $8 billion to charities. He attributes his philanthropy to his success in financial markets. Even in his 80s Soros is still active in his foundations and travels widely to support and advocate for positive policies.He started his philanthropy by giving scholarships to South Africans during the apartheid rule in 1979. Over time, he has educated many students all over the world through his foundation. George Soros has five children and is married to Tamiko Bolton.

A Review Of George Soros’ Illustrative Career

George Soros is a revered investor. He is also known for his political giving. After spending $27 million in an effort to defeat President George W. Bush in 2004, Soros scaled back his political contribution. In the recent past, George reemerged to fund Democratic Party’s campaigns. According to the records shared by the Federal Election Commission, the billionaire donated over $25 million for purposes of enhancing Hillary Clinton’s campaigns and different Democratic candidates. The Hungarian-born New Yorker has known Hillary Clinton for more than 25 years. He had planned to attend the Democratic convention to watch Clinton accept her Democratic presidential nomination. However, Soros did not attend the convention because he needed to monitor the economic condition in Europe. People close to the shrewd entrepreneur contended that Soros was more politically engaged because of his faith in Clinton and dread for Donald Trump’s policies that stroke fear.

Some of the other leaders who donated towards liberal causes are Tom Steyer, a renowned environmentalist in San Francisco, Don Sussman, a respected hedge funder in New York, as well as Fred Eychaner and Haim Saban, who are media moguls. At one time, Soros donated $7 million to Priorities USA Action, a renowned super PAC that was supporting Clinton. According to filings made by FEC, the PAC was the biggest beneficiary of Soros’s largesse in that cycle. It is also believed that George donated an additional $3 million to the group. Moreover, FEC records indicated that Soros donated $ 2 million to an opposition research super PAC, American Bridge 21st Century. This institution was targeting Trump and different Republican candidates. In addition, George gave $700,000 to various PACs, campaigns and Democratic Party committees. As the campaigns continued, Soros committed $5 million to Immigrant Voters Win, a revered super PAC, to increase the turnout of Hispanic voters in various swing states.

According to an associate, the best investor committed $5 million to Voting Rights Trust, a nonprofit organization that focuses on fighting efforts that restrict voting.This group was partly run by Marc Elias, Clinton’s campaign lawyer. Moreover, Michael Vachon, Soros’s political adviser, posited that George had pledged to donate $ 2 million to America Votes, a popular voter mobilization group.George was born in Hungary. Owing to the Nazi occupation, Soros fled the country. He is an alumnus of London School of Economics. Notably, Soros worked on Wall Street before he incorporated his own hedge fund. The billionaire investor is the proprietor of Soros Fund Management and the Open Society Foundation. Over the years, the great philanthropist has supported different initiatives. During the apartheid in South Africa, George provided black students with scholarships to allow them to pursue higher studies at the university. Soros has enhanced democracy in different countries around the globe courtesy of the Open Society Foundation.

Career and Experience of OSI Group’s CEO, Sheldon Lavin

Mr. Lavin Sheldon is broadly known for being the Chairman as well as the CEO at OSI Group. He is known to have an outstanding leadership due to his ability to plan and put in place tactical activities to ensure success alongside the OSI International Foods Ltd. Sheldon occupies the General Trustee’s position at Rush University Medical Centre. Earlier on, he held the directorial position at the National Fish and Wildlife Foundation.

Having been among the managerial committee, he established more than twenty thousand job opportunities universally. The reason behind his success OSI Group style of leadership which is very inclusive and not dictatorial in any way. Those under him, therefore, follow the decisions agreed upon as they are engaged in coming up with them.

He has an experience exceeding forty-three years of service at the meat firm. In the application of his experience, his management of the OSI Group has resulted in positive results. Being a venture capitalist, he efficiently manages the assets of the firm to facilitate smooth operations of the business. In addition to his earlier service as a banker, he provides financial consultations at a personal level. He promoted the transformation of the OSI Group to a higher level and made it attain international ground in supplies of food products for restaurants and hotels. He also serves as the manager alongside the worldwide satellites belonging to the OSI Group.

Having secured the financing of OSI, the outcome was that he received some percentage of ownership in the company. His competency alongside leadership is what the rest of the leaders should make decisions to execute.

For his determination, the business expansion to different regions across the globe has been attained. It was in the year 2016 when he earned himself the Global Visionary Award. This was from the India’s Vision World Academy. The reception of the award earned him increased recognition for his competency.

Read More: www.amickfarms.com/corpresponsibility.html