During organizational leadership transition, it is imperative that the incoming leader has more than just academic qualifications. Successful transition calls for appointing leaders with the prerequisite academic qualifications and the experience to fully grasp the demands of leadership. A leader who is well versed in the company’s culture, operations and industry stands a better chance of successfully transitioning into a new role. Such leaders instill investor confidence and easily win the approval of colleagues. These are the tenets that guided the board of directors at Nabors Industries, a leader in the oil and gas industry, in their decision of appointing Anthony Petrello to replace Eugene Isenberg as the company’s Chief Executive Officer.
The Rise to CEO: Experience
Prior to being appointed as Nabors’ CEO, Anthony Petrello had served as the company Chief Operating Officer (COO) for two decades. He also doubled up as the deputy chairman of the company’s board of directors, which is led by Eugene Isenberg who will retain his position despite stepping down as CEO. Upon joining the company in 1991, Mr. Petrello was appointed to company’s board of directors and its Executive Committee. He served as the President of the company for ten years. His rise through the corporate ladder began prior to joining Nabros as he had served a managing partner a law firm for the last five years of his decade long stay at the firm. His time at the firm provided him with importance experience and skills in corporate law and taxation, which played a critical role in his appointed as COO of Nabros Industries in 1991.
Becoming CEO: Academic Qualifications
Academic qualification is one of the success factors in leadership and management. Mr. Petrello’s successful career in a highly competitive corporate world began in Yale University where he finished both his Bachelors of Science and Master of Science degrees. At Yale, Mr. Petrello specialized in Mathematics but later changed to law when he joined Harvard Law School for his Juris Doctor degree. His education equipped him with important skills and knowledge that enabled him to effectively merge the two academic fields into a successful career in the oil industry.
The Davos Financial Group has been offering successful Financial advisory services to its clientele since its Creation in the 1990s. Its founder and CEO, David Osio, can the United States with the sole purpose of representing the Latino American Community within a society that oftentimes looks down upon them. Much support that is needed for such customers is not offered by other companies, such as translation and interpretation Services as well as equal chances at investment opportunities. In order to better serve his clientele, Osio has decided to announce the launching of a new downloadable application for use on both Apple and Android devices. This application allows customers to log on and successfully estimate Returns on real estate. Well this is just one single portion of what the Davos Financial Group stands for, it does allow customers themselves to build a better sense of personal finance skills so that they can take care of their own responsibilities within the world at some point. This is what David Osio desires for his customers; the ability to be self-reliant at some point.
David Osio began his professional career as a lawyer living within his home country of Venezuela. It was here, through the representation of those who are oftentimes not being able to be represented, did Osio realize that his purpose in life was to serve others. He moved to Miami, Florida where he developed the financial advisory conglomerate Davos Financial Group, which was created for the humanitarian purpose of serving the Latino American community.
The services that David Osio provides for his clients are simply advisory based. This includes whether or not customers would be able to form their own small businesses, if they should spend a certain amount of money for Real Estate, or if it would make sense for them to take advantage of stock and bond opportunities. By providing them with adequate and reliable Financial advisory support, David Osio brings to the table a long list of valuable and useful skills the Latino Community can fall upon. His dedication and loyalty to his customers mean that Davis Financial Group will undoubtedly increase in customers over the next few years.
When Nathaniel Ru was at Georgetown University in his senior year, he joined some friends in fantasizing about opening a healthy cafe at the famous school’s location in Washington D.C. They also thought such a new place should be a fun place that has easy access and low overhead. The start of their dream came when they leased a small tavern on M Street, downtown.
That was a mere six years ago. Their small first store quickly grew into a large chain of 21 farm-to-table restaurants: Sweetgreen. The food is fresh, healthy, and authentically original cuisine. As the company grew, technology became Nathaniel Ru’s increasingly helpful solution to many problems that cropped up. He and his partners have experienced a second education, after their academic days at Georgetown, in the realities of the Real World. They have all grown up into modern business executives that make a difference in their company and in turn for the whole world. Ru calls it, “The new era of marketing, globalization, analytics, and choice.”
The way Sweetgreen grew up is actually a very interesting story. The owner of their first tavern space also owned an apartment building nearby where Ru and his partners were living. Ru makes it clear that he had to work on building a good relationship with that landlord, who was not at all on board in the beginning. The partners presented their business plan for what would become Sweetgreen to the property owner. She became intrigued, even though they were still young and had not quite completed college, yet, at the time. She encouraged them to find investors and an architect and then come back to her with a fully-fleshed-out business plan.
Nathaniel Ru explains that the worked furiously for over 3 weeks to find backers and an architect. He calls that landlord a blessing, because she was willing to give students, without any real business experience, a chance. He credits her decision to help them and the timing of their launch of the business with its overwhelming success. As of 2016, Sweetgreen had more than 64 stores employing over 1,700 people in many states in the United States.
While New Jersey may not be one of the hottest places for people to live right now, it is a place that has a lot of new business cropping up so that people can get exactly what they need from the different parts of New Jersey. There are many different ways that the Boraie Development LLC has been able to contribute to these successful factors and it has allowed many people to be able to get what they want from the different places that Boraie Development LLC has developed for them to be able to use.
In their hometown, Boraie Development LLC creates developments and even some commercial spaces for people to be abBoraie Development LLCle to take advantage of. There are many ways in which people can benefit from the services that are offered by Boraie and in the way that they work. The land developments that Boraie Development LLC create are able to help people get the stores and the services that they need. They can also help the economy in the area that they are in because different stores are able to boost the economy on Manta in each of these areas due to having more income coming in for people who previously had none.
The Boraie Development LLC company also works outside of their hometown on Yahoo. They are able to serve different areas of New Jersey and one of the biggest areas that they serve is Atlantic City. Due to the large number of casinos in this area, Boraie Development LLC knows that it is a great place to start doing developments. Boraie Development help to create restaurants, retail stores and have even worked to come up with some casino complexes in the area. This has allowed them to be as successful as possible and has made things better for them.
When Boraie Development LLC first started by Omar Boraie, they wanted only to be successful in their hometown. Since they have been in business, they have branched out to different areas. They are now one of the fastest growing real estate development companies in New Jersey. They plan to get even bigger than what they are. The plans for offices on boraierealty.com around the state are indicative of the success that Boraie Development LLC plans to have in the future. They want to make sure that their clients are able to get what they need from the developments that they create in different areas of New Jersey.
Medicare Advantage Plans are different from the original Medicare plans. MAP are sold through private health insurance but still carry Medicare like benefits. They still cover part A and part B coverage like Medicare, but they also include hearing, vision, and health and wellness on bizjournals.com. The plans are HMOs, PPOs, and PPFs, which all come with different costs, restrictions, and deductibles. You pay copays like regular insurance. You can’t get Medigap insurance to cover coinsurance costs. And the list goes on. MAPs allow the private health insurance to give government benefits. These plans may prove to be more cost effective than regular healthcare plans.
Some important items to remember about Medicare Advantage Plans are that you must enroll in Part D. Part D gives the prescription coverage. Also, any service you wish to have, you should get an advanced written coverage. The written advance coverage will guarantee payment, but if you do not, then you may be responsible for the entire payment. Medicare Advantage Plans are a hybrid of private and government healthcare plans.
InnovaCare Health, a managed healthcare network, is a leading provider of quality healthcare services across North America. InnovaCare uses private provider networks and Medicare Advantage Plans to provide services to patients. They are committed to top quality, cutting edge healthcare at affordable costs. They are committed to the patient provider relationship and to holding their team accountable for their work. InnovaCare Health gives their patients the best care possible.
Rick Shinto, President and Chief Executive Officer, came to InnovaCare Health with 20 years in Managed Healthcare and the Healthcare Industry. Before InnovaCare Health, he served as President and Chief Executive officer of Aveta from 2008 to 2012.He was a practicing internist and pulmonologist that practiced out of Southern California. He brings his clinical and operational healthcare experience to InnovaCare.
Penelope Kokkinides is currently the Chief Administrative Officer. Previously, she worked for InnovaCare as the Chief Operating Officer. She has 20 years of healthcare experience with a focus on government programs. She has degrees in social work, drug and alcohol abuse, and public health. She has experience in creating public health models for medical agencies.
The company Sweetgreen was founded by three students from Georgetown University. They got together one day and pondered what to do with their lives after graduation. The 3 men were Nathaniel Ru, Jonathan Neman, and Nicolas Jammet. Their first shop opened back in 2007 at Georgetown and they raised funds by depending on 40 of their closest relatives. They have blown up nationwide and as a result they have 31 shops located across America. They plan to have 40 restaurants open by the end of the year. With the help of venture capital funds, they have brought in a grand total of $95 million to their business empire.
The three founders recently gave an interview about their amazing success story. It turns out they were all the children of entrepreneurs and so they knew that they wanted to be their own bosses someday. They did not see the appeal of being employees. They feel that what made their concept unique was their personal discipline. They looked at the market and saw that competing restaurants were not healthy and the food met a low standard of nutrition. The key was to form key partnerships with local farms and once that part was done everything else fell into place.
They had their act together from the beginning and as a result the original business plan they formed years ago is still useful to them today. They felt passionate about what they were doing and their infectious passion allowed them to bring in investors. With every passing year they add value to their company’s offerings. Sweetgreen represents a core set of values about the quality of food they serve and the way they treat their customers.
Nathaniel Ru said he is creating a brand that stands for something. He wants to better quality food to more people. In an interview, he said that technology is part of his DNA and that is why online transactions account for 30% of their profits. Nathaniel likes for his company to be decentralized because he does not believe in having an oversized corporate headquarters. Nathaniel Ru has worked his way to a position of prominence and success at a young age. He looks up to Kevin Plank the CEO of Under Armour because it is a company that stands for something other than itself. His favorite restaurant is a little Thai food ship located in Washington, DC.
Ken Goodgame is the current Chief Merchandising Officer and the Senior Vice President of True Value Company. He joined the company 20 years ago gathering more than 20 years of experience in retail and consumer packaged goods from various other companies that he worked with.
For instance, Kenneth worked at Techtronic Industries in North America in 2008. He led the dramatic turnaround of a $75 million worth firm; Baja Motorsports – a subsidiary company of Techtronic – by launching a new retail division that delivered the company’s first yearly profit of $5 million. He achieved this by instituting new compliance procedures, resolved prevalent environmental protection fines as well as restructuring the company. He improved products quality, drove immediate growth in sales and identified opportunities for consolidation with other production firms in China.
As if that was not enough, Kenneth was employed at Ace Hardware Corporation in 2010. He implemented a revolutionary Craftsman program that grew the hand tool division from $8 million to $180 million in sales. In a volatile economic period, Kenneth Goodgame revamped the company’s planning and strategy stimulating a 4.5% in annual growth among top line sales. He also managed the firm profit and loss for over $3.2 billion in global purchasing covering 78,000 stock keeping units (SKUs) as the department manager, driving 70% of corporate strategy.
Ken Goodgame joined True Value Company on November 6th, 2013. He brought with him advanced executive leadership from hardware manufacturing, consumer goods and retail. He is an expert at merchandise planning, gross margin management, product assortments and private label strategies that focus on stimulating high-performance teams and innovation.
Kenneth has served in various companies including Home Depot, Newell Rubbermaid in the SHUR-LINE businesses as well as at Bernzomatic and Cleaning subsidiary. At Home Depot, Kenneth served as the proprietary manager, launching a product for the company’s RIDGID brand. He was regarded as the product evangelist who had a strong customer focus, a consistent urge to drive results or improve performance not to mention his renowned leadership skills.
Kenneth graduated from the University of Tennessee-Knoxville with a Bachelor’s Degree in Finance and Marketing.