Archive for the ‘Business Leader’ Category

Michael J Burwell Brings His Experience To Willis Towers Watson

Wednesday, March 28th, 2018

Willis Towers Watson, a renowned global brokerage, solutions and advising company which has announced Mike J Burwell will be the CFO. Mike will be succeeding Roger Millay who is going to voluntarily retire in October.

 

A former employee and high-level manager at PwC, Michael brings well over three decades of background in the finance and professional service industry. Mike served in several leadership and executive roles at PwC for 11 years. Michael was the Manager of U.S. Transformation for PwC and served as CFO and COO of the U.S. division and was the manager of the Transaction Services division. Also, Mike brings over a decade of auditing knowledge and over 12 years of knowledge in Transactional Services advisory. Mike helped firms with their pre-merger evaluation and the due diligence process.

 

Commenting on this recent news, Mr. John Haley, the CEO of the company declared, “We are very thrilled to have Michael to join the leadership of our company at this important stage of development. Michael has a good understanding of leadership and driving sustainable results in a sophisticated, global firm with a enormous concentration towards satisfaction of clients. I’m assured that Michael’s vast knowledge of transaction, transformations and financial services will be a key factor in the growth efforts and integration efforts of the company, allowing us to attain our very best potential.”

 

“I have to thank Roger Millay’s strong leadership skills and contribution to Willis Towers Watson. He is leaving the company much stronger thanks to his wisdom and has truly placed us in the path of success for our foreseeable future.’’

 

Refer to This Article for related information.

 

‘’I am truly honored for having the opportunity to join Willis Towers Watsons team,” stated Michael. “In every encounter with the company, I am delighted with the firm dedication to clients, comprehensive and collaborative vision and direction. I honestly cannot wait to help the company succeed.”

 

Before he worked at Willis Towers Watson, Mike spent 30 years at PwC. Mike strategically drove innovation in his Transformation role, optimizing organizational strength while overseeing a wide variety of internal positions including the Finance and Human capital, Global Sources division, and the Technological branch. Mike also served as the relationship management executive of various clientele while working at Price Waterhouse Coopers. Michael Burwell is a chartered CPA who earned a Bachelors degree for Administration in Business at Michigan State.

 

See Also: https://www.reinsurancene.ws/willis-towers-watson-hires-cfo-replacement-burwell-pwc/

Larkin and Lacey: Pardoned but Not Forgotten

Thursday, March 15th, 2018

Phoenix New Times co-creators Michael Lacey and Jim Larkin are no strangers to the antics of former Maricopa County Sheriff Joe Arpaio’s antics. A recent decision by US District Judge Susan R. Bolton to validate the presidential pardon issued for Arpaio has drawn the ire of many Arizona residents. Arpaio continues to be a very controversial figure in the media.

Originally trying to bill himself as America’s toughest sheriff, Arpaio only succeeded in going down as the worst. Lacey and Larkin were not surprised when Arpaio received a presidential pardon, in fact, Lacey believes that it was all in Arpaio’s backup plan.

Lacey explains that Arpaio knew that his rain was coming to an end and he wanted to find a way to protect himself so he hitched his wagon to presidential candidate Donald Trump.

The reason that Arpaio was in need of a presidential pardon was due to a violation of a previous order he had received after a 2007 racial profiling lawsuit. Not only was Arpaio to discontinue his practices, but he was also ordered to report to a court monitor to make sure that he complied with the ruling. Unfortunately for him he did neither and was found to be in contempt.

This led to his indictment for those charges, which is where Pres. Trump stepped in. Because of the President’s actions, Arpaio will never spend a day in jail for what he has done.

Lacey and Larkin have a vested interest in this story because they too have suffered at the hands of Arpaio. From the very beginning of his tenure as Maricopa County Sheriff, Lacey and Larkin have been reporting on his corrupt practices.

This led to harassment, exclusion, and outright banishment of the Phoenix New Times’ reporters from Arpaio Department. Lacey and Larkin were even arrested in 2007 themselves by the Maricopa County Police Department at the behest of Arpaio because of information they had printed in their paper. Read more: Phoenix New Times | Wikipedia and Michael Lacey | LinkedIn

There was a large public outcry against these actions and the media personalities were immediately released. They turned around and sued the county and received a settlement for $3.75 million.

Though Arpaio may be free, Lacey and Larkin have not let their own experience pass by. They founded the Lacey and Larkin Frontera Fund in order to help the migrant population of Arizona, the people that Arpaio targeted the most while in office. In fact, the contempt charge he received was in relation to how he treated the migrant population of Arizona.

Larkin and Lacey want to give back to other people who have been affected by this corrupt sheriff. They continue to support programs that help teach migrants about their rights, provide them with job training, and help them with other social resources. Lacey and Larkin believe that no matter who you are you deserve kindness.

Arpaio is free now, but his legacy will forever be tarnished as one of the worst Sheriff’s in America but also as one of the worst people. Anyone interested in viewing an article discussing Arpaio’s pardon may find it on the Phoenix New Times website.

Tony Petrello’s Outstanding Success as an Attorney and Entrepreneur

Tuesday, December 5th, 2017

Tony Petrello is one of the most revered personalities in the entrepreneurial sector. He has established quite an impeccable reputation in this realm due to his presence in some of the biggest multinationals that the business world has ever seen. His remarkable leadership skills and entrepreneurial proficiency has earned both himself and the companies that he serves a great deal of popularity.

Born in 1955, Tony Petrello received quite a remarkable education. He is an alumnus of Yale University where he graduated with a Bachelor’s of Science. He later advanced his education in the same institution and obtained a Master’s of Science Degree. To cap it all off, Tony Petrello exhibited academic brilliance when he attended Harvard Law School and received his J.D.

Tony Petrello’s success as an attorney and entrepreneur was elaborately underscored in a recent publication, There is no consensus, which delved greatly in his endeavours and achievements. To begin with, the publication sheds some light on Tony Petrello’s childhood in which he is said to have been renowned for prolificacy in arithmetic. It is further explained that upon graduating from Harvard Law School, Tony Petrello specialized in Business law.

Tony Petrello began his legal practice in 1979 at Baker & McKenzie, one of the most esteemed law firms in America. The dexterity exuded by Tony Petrello enabled him to scale the ladder of success, and in 1986, he was named managing partner of Baker & McKenzie. However, this was only a tip of the iceberg; the icing on the cake was when Tony Petrello got a job as a Chief Executive Officer of Nabor Industries.

Another salient aspect highlighted by the publication is the fact that Nabor Industries has recorded an overwhelming growth rate that can only be attributed to Tony Petrello’s exceptional leadership skills. His active involvement in the day-to-day management of the company has been fruitful despite the stiff competition in the oil-drilling industry.

In a nutshell, Tony Petrello is a seasoned entrepreneur whose impact in the field cannot be downplayed. Other than his magnificent and commendable credentials, Tony Petrello also stands out as a philanthropist who has often used his entrepreneurial proceeds to make donations towards several charitable organizations.

Learn More: en.wikipedia.org/wiki/Nabors_Industries

David Giertz: Spending Money during Retirement Days is Not a Crime

Friday, September 8th, 2017

Saving money is a noble exercise that requires both patience and dedication. The advice every working citizen is given is to save enough money in readiness of retirement, irrespective of whether one has an insurance cover for the same. Those who heed the advice come up with a solid saving plan, directing a certain percentage of their total earning to savings. After struggling with the temptation of using up the savings at the beginning, a person overgrows that temptation and learns to survive on the little that is left after saving. At the end of it all, spending money becomes more of a taboo; people who are so used to saving money find it hard to spend.

Saving For Retirement As Explained By David Giertz

According to David Giertz, this saving culture affects people after retirements to the point of fearing to spend their savings. As such, the fundamental reason as to why a person saved the money is rendered useless. David argues that if a retired person fails to spend the money he saved for spending during his retirement days, then there was no point of saving in the first place. He says that the greater percentage of Americans shelve extravagance in their youthful days and save for their old age.

Saving money is not as complex as people view it. David explains that saving can be as simple as taking lunch at home instead of eating in a restaurant. This form of discipline is important but one must be careful not to be lured by it to become a money worshipper. Those who worship money are ever speculative of rainy days ahead and end up accumulating a lot of money that at the end is not useful. In his submission, David Giertz argues that there is absolutely nothing wrong with spending. Having a huge amount of money lying idle in old age is not advisable.

David L. Giertz

Mr. David L. Giertz is an experienced person in matters of retirement owing to his senior vice president position at Nationwide Financial Distribution, a department of Nationwide Life Insurance Company. David uses this experience to help people in their retirement planning.

Earlier in David’s career, he served as the vice president of sales at FI/WH. Today, David is in his mid-50s, and he is never economical with mentoring young professionals.

George Soros – A Man Who Makes A Difference

Sunday, July 16th, 2017

George Soros is a man who is known throughout the world. In Europe, he is known as the driving force behind a wide range of investment activities and business ventures. In the United States, he is perhaps best known for his social activism and political support, mainly for the Democratic Party. In Asia and Africa, he is known for his immense philanthropy and humanitarian work. None of this fame however is what George Soros started to have when he started his life in humble beginnings in Budapest Hungary, nor did he ever dream as he fought for survival as a Jew during the Nazi occupation of the city that he would one day be one of the richest and most influential men in the world.

Read more: http://www.businessinsider.com/george-soros-billionaire-investor-profile-2017-1

Born in 1930, he came from a family which taught him the value of a dollar, the importance of a good moral compass, and the vitality of surviving in the face of oppression. He came out of the dark time of the Nazi occupation with a sense of social justice, and a changed world view. He soon immigrated to England, where he worked as a railroad porter and waiter while putting himself through the London School of Economics. From LSE, he earned a degree that got him in the door of his first job in the financial sector, working at a merchant bank.

In 1969, he moved to New York City, where he started his first fund, now known as the Quantum Fund, with little more than Twelve Million Dollars and a reputation of success he brought with him from Europe. George Soros soon grew that fund into one of the most prosperous of its time. Even today Soros Fund management, his family firm, carries more than $30B in assets, and he still provides key insights as to how the firm’s capital is handled. Read more on nytimes.com

He is not just a man behind the money; he is also the money behind a lot of social changes that have occurred in the world in the last 30 years. A man who believes strongly in the rights of the individual and that governments work for the people not the other way around, he has become a major part of many activism movements and political campaigns over the years. He also works with many charitable groups and humanitarian aid and rights organizations overseas, particularly in Africa and Asia to help those who are impoverished and under the grip of low education and limited heath improvement options.

He recently hired Dawn Fitzpatrick, one of the most success women in the financial arena as Chief Investment Officer for Soros Fund Management. She will be the seventh CIO since 2000, but George notes that it has been a task to find the right person for the job to ensure that the firm success keeps going for many years to come. It is just one more way that George Soros plans for the future, both in his business dealings and in his desire to make the world a better place. Visit Project Syndicate to learn more about George.

James Dondero Supports Highland Capital Management with Intense Insight

Saturday, April 15th, 2017

James Dondero is co-founder and President of Highland Capital Management, and investment company offering alternative investment opportunities to a variety of clients. Jim’s initial focus was on collateralized loan obligations and other credit issues. In 1993, Jim and his business partner, Mark Okada, turned their small investment into $15 billion, investment firm Highland Capital. The company is headquartered in Dallas.

 

Jim has since had some major successes in other areas of the market, aside from credit. Highland offers access to their Highland Global Allocation Fund, worth nearly $894 million. Over the past 12 months the fund has returned 29.6 %. The fund does have its ups and downs. The fund is fairly concentrated. They may invest 40 percent of their assets in a small number of investment scenarios. This is very unlike most mutual funds. James Dondero claims that you can’t expect much from a fund that has little volatility. Most mutual funds try to severely reduce volatility; however, they reduce upside performance at the same time.

 

Dondero invests about 50 percent of the assets in his mutual fund, in a diversified portfolio of stocks, however, the other 50 percent is concentrated in specific areas he believes will outperform the markets. One area the company focused on was Argentina. The country had been having financial problems and they felt that a bottom was nearing. In 2014, the company invested heavily in Argentina. Towards the end of 2015, the country had a new leader and the debt Dondero purchased for 70 cents on the dollar, was approaching $1.20.

 

Jim is not your typical fund manager. He is fairly reserved, somewhat introverted and more of a thinking man. He claims to base his success on the fact that he is a good problem solver. He thinks through each situation and looks for the most likely outcome.

 

Jim graduated from the University of Virginia, in accounting and finance. He is a Chartered Financial Analyst. Five years after finishing college he was handling a $1 billion fixed income portfolio for American Express. He also worked with Protective Life’s GIC subsidiary. He and Mark Okada started Highland Capital Management in 1993