Archive for the ‘Company’ Category

Penelope Kokkinides and Rick Sinto’s Long Careers in Healthcare Management

Monday, November 26th, 2018

When you think of commitment and longstanding experience in healthcare management, Rick Shinto and Penelope Kokkinides should come to mind. Both individuals have spent about 20 years in this field, and they have a whole lot more experience under their belts.

Where Rick Shinto Has Worked

Rick Shinto has a long career in the health field. He started his work as a pulmonologist and specialist in internal medicine. Later he moved onto the management side of healthcare as the CEO of Medical Pathways Management. He has also served as the CEO of Aveta and at North American Medical Management as the CM officer. He currently serves as InnovaCare Health’s CEO. He also has an impressive educational background. He earned his B.A. at the University of California at Irvin. He then attained his medical degree at the University of New York at Stony Brook. Finally, he earned his M.B.A. at Univerisity of Redlands.

Aside from his long career and list of educational accomplishments, he has also received that Access to Caring award for his advancements in providing quality care to those who can’t afford it. In 2018, he was also on the list for the Top 25 Minorities Executives in Healthcare, which is put out by the magazine, Modern Healthcare.

Where Penelope Kokkinides Has Worked

Currently, Kokkinides is the Chief Administrative Officer at InnovaCare Health. In previous roles, she has served as the Chief Operating Officer for Aveta, Inc and the Chief Operating Officer for Centerlight Healthcare and Touchstone Health. At Aveta, she was also the Vice President for Clinical Operations. She has also been the Vice President for Care and Disease Management at the company, AmeriChoice. And she has expertise in government programs like Medicare and Medicaid, which helps InnovaCare provide further aid to those in need.

InnovaCare, Inc. Company History

InnovaCare Health serves over 200,000 members in places like Puerto Rico and the United States. One of InnovaCare Health’s central tenets is to provide affordable healthcare to those who cannot afford it. The company also makes strides in technology advancements to be able to offer better quality care that meets the individual’s needs.

https://www.crunchbase.com/organization/innovacare-health

HGGC – Investors in Today’s Economy

Monday, November 26th, 2018

Backstory

HGGC is a middle-tier private equity investment company started in 2007 and based in Palo Alto, California. The company’s CEOs and co-founders, Rich Lawson and Steve Young. RPX founded in 2008 is a risk management solutions company started by John Amster, Geoffrey Barker, and Eran Zur. In May 2018, RPX announced that HGGC acquired it.

The Acquisition

In May 2018, RPX announced that the private equity firm HGGC would acquire it for $555 million, a transaction that would be done through cash-in-hand.HGGC will then sell RPX shares for $10.50 as a tender agreement. The agreement was discussed and approved by RPX Board of Directors. The Chairperson of the board, Shelby Bonnie, claimed the valued decision was made to benefit RPX shareholders.

In October 2018, this firm announced that it would be merging Mi9 retail, a well-known provider of omnichannel retail solutions and one of their portfolio companies, MyWebGrocer, a digital grocery media company, and Consumer Packaged Goods. Mi9, being the lead beneficiary in this merge. The combining power will open retail doors globally. With retailers such as Nike, Levi’s and Shop Rite. The merger will provide software services mainly to retailers with $250 million and above in revenue, along with a market segment at $1 billion, on the rise for more than 5% in a year.

Leadership Expansion

On October 2018, HGGC announced that it would be adding six new members to their team across their range of operations, from the financial operations to their investment operations. The firm is known for its ‘Advantaged Investment’ approach, allowing the firm to obtain other businesses through partnerships with the acquired organization, due to mutual interests.

The leadership expansion included professionals such as Colins Phinisey who joined as a Principal in charge of leading the firm’s capital markets across its portfolio. Christopher Guinn was hired as the Executive Director, focusing inside HGGC’s portfolio. Further, the expansion included Zachary Adams, William Spector, Patrick Malanga, and Hao Qin.

https://en.wikipedia.org/wiki/HGGC

Talos Energy Grows Their Business With Mergers And Acquisitions

Thursday, November 8th, 2018

The much anticipated merger between Houston, Texas based company Talos Energy and Louisiana based company Stone Energy Corporation is finally complete and Talos Energy is now publicly traded. According to information provided by “Houston Business Journal“, the deal was originally announced in November and the final stages were completed before the Stock Market opened on May 10, when all shares of Stone Energy’s common stock were converted to shares of Talos Energy Inc (TALO).

The new company, Talos Energy Inc., is headquartered in Houston and offers great business benefits as well as benefits to shareholders who will see an increased scale and liquidity. With the merger complete, Talos Energy stands in an ideal position to capitalize on many assets in the U.S. Gulf of Mexico, where they will have roughly 1.2 million combined gross acres, as well as some located in the off shore area of Mexico.

According to “Oil and Gas Investor”,Talos Energy has now gained a new credit agreement and has half of its borrowing base of $600 million available for use. The company also has roughly $150 million cash on hand, all part of a liquidity worth about $450 million.

Talos Energy didn’t stop at acquiring Stone Energy Corporation though. More recently, September 2018, Talos announced another acquisition when the company announced the completion of the acquisition of Whistler Energy II, LLC. This transaction is considered a win for both parties, Whistler Energy was paid a high price in order for Talos Energy to obtain all the companies assets including area in the Central Gulf of Mexico which is home to leases that are held-by-production which have produced over 117 million barrels of oil to date.

Finally, Talos Energy has also announced they have a transaction underway with Pan American Energy that will serve to cross-assign interests in some of their blocks offshore in Mexico. The conditions would allow Talos Energy to swap some of their blocks with Hokchi, who currently operates blocks in the area. The swap is expected to be a win for Talos Energy, but is still currently waiting for approval from the Mexican Oil & Gas Regulator and the National Commission of Hydrocarbons.

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OSI Group; Decades Of Business Brilliance

Tuesday, October 23rd, 2018

With its headquarters in Aurora, Illinois, OSI Group is a global leader in supplying protein products such as beef patties, poultry, pork, and sausage links. The company also supplies food products such as pizza and sandwiches to meet the demand from top food service and retail brands. The privately run company operates in 65 facilities that have been spread throughout 17 different countries while offering employment opportunities to over 20000 employees currently.

OSI Group is traced from way back in the early 20th century when it started as a local butchery in Chicago, Illinois owned by a German immigrant, Otto Kolschowsky. In 1928, Otto branded his family business as Otto & Sons. For years the business continued to expand its operations from a local retail supplier to a wholesale supplier that served Chicago and its environs. Otto & Sons continued to gain more prominence and landed a deal with Ray Kroc while he strived to set the very first McDonalds restaurant. Otto & Sons agreed to supply McDonald’s with beef patties for the restaurant in 1955. This was going to be the start of a healthy long-term business relationship.

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Otto & Sons continued to gain prominence and became one of America’s top food supplier on a national scale. In 1975, the company came under a new form of management and was rebranded to OSI industries. Sheldon Lavin, who is currently the Group’s CEO, triggered the change with him coming on board as a partner. Lavin had earlier worked with Otto & Sons as its investment consultant and also played a significant role in securing finances for the company.

OSI Group started to invest in overseas markets beyond the United States shortly after the change in management structure. The relationship with McDonald’s continued even beyond the United States border with OSI Group maintaining its position as McDonald’s primary supplier. Over the next decades, the company formed alliances with other similar food production companies in other countries including India, Germany, Netherlands, Spain, and Australia. They slowly became a game leader in the food industry.

Search more about OSI Group: https://www.wattagnet.com/articles/27248-osi-group-buys-former-tyson-foods-plant-in-chicago

Cloudwick: Security and Solutions

Monday, October 22nd, 2018

Cloudwick can help IT managers, database professionals, or other technology-based executives venturing into big data clusters. Cloudwick is a business built around your data. They are experienced with many platforms, such as Spark, Windows Azura, or MAPR and provide programs, support, and tools. Their knowledge, skills, and expertise assist businesses that run off data collection and information. Cloudwick’s strength is its cybersecurity, machine learning, and advanced analytics. They created the first neural based security system.

Recognized in their field with many awards, they have accepted honors on several occasions from companies like DataStax, Databricks, and Hortonworks. Based out of the San Francisco area, they have constructed and managed more database collections from North America than any other source. Many companies that use Cloudwick services are very large and have massive clusters. Some of their current partners are Bank of America, Walmart, Comcast, Safeway, Nike, and Visa.

This company is one of the leading consultants for Amazon Web Services and offers a discount package to set up a data holding system quickly. Some of the information their system will provide are state-of-the-art analytics, a solution team, and a single source line incorporating both Apache Sparks and Amazon EMR. The program will include a systematic plan with a complete breakdown of the pricing.

They begin with an onsite visit to assess a business’s current operating system. As the client, you will need to provide the team with access to your network. With the details, the team will build the warehousing structure, audit systems, and exploration tools based on Apache Zeppelin. Future data will be in Cloudwick’s data lake, which is cloud-based storage.

Cloudwick understands that data collection is an essential tool for all businesses. They have experienced teams of developers, engineers, and consultants that manage almost 80,000 clusters on Amazon Web Services alone. With this experience, they have perfected security, scaling, warehousing, and working with data lakes.

https://www.linkedin.com/company/cloudwick

Alex Hern: A Leader In The Market Of XR

Wednesday, October 10th, 2018

Alex HernThe technology of VRs is becoming vastly popular among businesses. It is a great source when used for entertainment, but when it comes to the nuts and bolts the money behind VR needs to make sense. Companies nowadays are using VR for business purposes and the forecast looks like it will run as entertainment uses in the following years. Research shows that yearly VR for business spending will grow to 29.2 billion dollars as we reach 2021. Engineers and doctors are testing out different scenarios before jumping on board and using them in their empires. If something goes wrong during a simulation, that particular professional is able to reset the program instead of losing a life or destroying an expensive piece of equipment.

Aside from training, many consumers are enjoying the privilege of VR. Some use the technology to test drive a new car and even walkthrough a home many miles away before making a significant purchase. It has allowed consumers to make informative decisions to avoid buyer’s remorse. One particular southern California company is jumping on board and immersing themselves in VR software applications. Tsunami XR has utilized the applications in particular industries and businesses. They are known for creating highly visual interactive applications of analytical data to help explain complex products, increase uptime regarding industrial equipment, unlock operational efficiencies an increase and improve workforce training. Alex Hern leads the company as a CEO and has continued to implement his entrepreneurial skills within the company focusing on the early spin-off and incubation businesses. The co-founder has worked with many prominent companies and keeps in touch with what’s happening in the market.

Hern has served on the board of Inktomi which later was purchased by Yahoo. Next, he was helped a company called Yesmail from the start go all the way to an Initial Public Offering that eventually sold on the market for nearly 650 million dollars.

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The End Citizens United and its Contributions to the USA political Landscape

Tuesday, October 9th, 2018

The End Citizens United holds that high levels of inefficiencies mark the American political and electoral processes. The group argues that those issues are linked to the role of big money in the electoral activities. Currently, there are no regulations on the number of finances that politicians can receive from donors to support their political activities. Consequently, billionaires and large corporations have seized this opportunity as being one of the ways that they can sway the elections to their favors. They undertake to support leaders who are keen in implementing policies and initiatives that favor their agendas. It holds that the leaders lack accountability and are less committed to addressing the issues facing the electorates. Read this article at Chronicle of Week to learn more.

The mission of the End Citizens United is thus to end the role of big money in the system. It undertakes to finance and support the candidature of individuals that are keen on pushing for positive reforms. In the past, the End Citizens United has pushed for the election of individuals such as Hilary Clinton, and Maggie Hassan. Although its contributions have been in only one election cycle, the group has managed to secure the support of many citizens and politicians. Through the support of the grassroots individuals, the group has been on the leading front in advocating for accountability and upholding of the rights of the electorates.

The End Citizens United V. F.E.C. Supreme Court Ruling

The Supreme Court Ruling in 2010 in the listed case changed the nature of the American politics. Unlike the previous settings where there were regulations on the number of resources that Candidates and political parties could receive from diners, the ruling upheld unlimited financing. Éclair on, The Bipartisan Campaign Reform Act of 2002 had sought to ensure that there was a limit on the amount of resources used in an election. The provision had the benefit of controlling the impacts that billionaires and large corporations had on the process. It is thus the goal of the End Citizens United to ensure that this ruling is reversed. It is only through such a setting that the American elections would record a high level of accountability, efficiency, and transparency.

Read more: https://www.usatoday.com/story/news/politics/onpolitics/2017/12/05/democratic-pac-end-citizens-united-names-big-money-20-targets-2018/918680001/ 

Organization Gold Has A Coffee Culture That Is Different From Mainstream

Friday, October 5th, 2018

There is no doubt about the coffee culture that exists for Organo Gold today. This is most definitely a culture that is composed of coffee drinkers that do not want what is found in a typical grocery store. These are more so novelty coffee shop drinkers. This is what Organo Gold reaches out to. Bernardo Chua knew when he created a coffee brand that contained a ganoderma mushroom ingredient that contained a healing agent that there was a limited crowd that he would attract.


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Bernardo new that when he went into this that everyone would not exactly be on board. Bernardo Chua realized, however, that there was a coffee culture that existed inside of his company that would make this brand survive. He knew that there were people in place that we’re going to appreciate something that many other people that were satisfied with coffee from Starbucks or a typical grocery store would not exactly appreciate.

What Organo Gold has become is a brand of coffee that speaks to a generation of consumers that want something that does not fit into a box. They want a creative brand that challenges everything that they have ever known before. There were no coffee brands that contained healing agents before Organo Gold. This is something that is totally off the grid. It is something new and innovative, and that is the reason why it has managed to captivate so many consumers.

Bernardo Chua made a decision to utilize this creative spark as his marketing niche. His ability to connect with a coffee culture that often consists of college students and coffee shops and people that like poetry may have made him highly successful with the young millennial crowd. He did not have to conform to any type of standard to connect with his potential audience.

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What Good Ideas Came From Equities First Holdings

Wednesday, September 26th, 2018

Equities First Holdings (EFH) started in 2012. The Chief Executive Officer of EFH Al Christy, Jr. has provided great leadership, and he has set standards to promote more trust with clients. Christy, Jr. ensures his company shows professionalism and integrity to all of its’ customers. EFH has been able to produce over $1.4 billion in customer transactions because people trust them. It also helps EFH has a great product called the equity-loan. There are many clients who did not gain approval for a traditional loan; therefore, it led them to try EFH’s equity loan. For many people, the equity-loan provided the finance needed to help them.

EFH has been able to celebrate 15-year anniversary to because they chose to conduct their business correctly, and it has built them a lot of trust with people. EFH has been able to enter in new markets in places such as Australia and the United Kingdom. The office in the United Kingdom has been responsible for nearly 700 transactions. It was a good performance on the behalf of EFH, and it makes the idea of moving into the market in 2012 a great move for EFH.

Visit More : frenchtribune.com/categorie/entreprises/equities-first-holdings

Tim Duncan’s Shares His Story With Talos Energy

Tuesday, September 11th, 2018

Tim Duncan’s shares his story with Talos Energy.

Talos Energy was started as a privately owned company with its chief executive officer being Tim Duncan. For a period of about four months, Tim had been actively involved in having a merger between Talos Energy and Stone energy company with the merger going for $2.5 billion. Stone Energy was declared publicly as bankrupt being traded but being a public company, Tim was ready for the liability of acquiring the company. This was advantageous to Talos since it would be a public company without the expenses of going public.

Mr. Tim Duncan was determined to acquire Stone energy. Though at the time there was the Hurricane Harvey, it did not deter him. He took refuge at his native parental home, which though being in Houston was at high altitude and dry. Duncan says he would work from his parents’ dining table for weeks, burning the midnight oil so as to negotiate the deal.

In May, the deal of the takeover was completed. Talos blended with Stone Energy and Duncan would be the head of oil company which had a gross revenue of $900 million annually. Talos would later operate in risky Mexico with most of its assets being there. The risks of operation present were that of a likelihood of a disastrous spill as well as that of an expensive drilling platform going for hundreds of millions of dollars.

Duncan has always seen opportunities in tough situations. Talos has in its list of biggest assets Phoenix field previously known as Typhoon field, situated south of New Orleans by 165 miles. It was created by Chevron which progressed by making half-dozen wells and brought about a production platform, chained to the seafloor about 4,000 feet down.

In 2005, Hurricane Rita capsized the 13,000-ton Typhoon platform but Talos straightened up. It now injects into an exclusive ship called Helix Producer, 16000 barrels in a day. In 2010, after the disaster that happened in the Deepwater Horizon, Helix aided in capturing a portion of the four million barrels which cascaded from Macondo well.

Visit More : www.indeed.com/cmp/Talos-Energy