Words With Grace Praise All

15Aug/18Off

Louis ChêNevert: A Diligent CEO Who Improved the Aerospace Industry

Louis Chênevert is a Canadian business executive and production manager. He has had a stellar career in the business world. Born in 1958, Louis Chênevert developed an interest in business world at an early age. He knew that with hard work success was guaranteed. He joined the University of Montreal, HEC Montréal Business School, and graduated with a degree in production management.

Armed with a degree, Louis Chênevert secured a job in the auto industry at General Motors at St. Therese, Quebec. With sheer determination, he worked in the production industry improving the sector to the point that the production was one car per minute. Following this exposure Louis Chênevert knew the need for efficiency. After 14 years at GM and having risen to the position of production manager, Louis Chênevert decided to change industries and joined the aerospace industry.

In 1993, Louis Chênevert joined Pratt & Whitney Canada (PWC), a company that manufactures aircraft engines. He focused on making the company’s production plant more efficient. The results were apparent as he was able to cut the cost of production by 10 percent. The executives at Pratt & Whitney (P&W), the parent company of (PWC), were taking note. In 1996, he joined P&W where he improved efficiency and profitability, as he had done in PWC.

After a short stint in P&W, the United Technologies Corporation (UTC), the multinational conglomerate company requested the masterful expertise of Louis Chênevert. In UFC, Louis Chênevert saw the potential in geared turbofan (GTF) engine. Although the production cost was high, he was committed to the production of the GTF engine as the benefits were enormous. The engine would reduce fuel consumption by 50 percent and emissions by 16 percent. The company came to reap big as the engines were a success

Also, as a skillful leader, Louis Chênevert introduced the policy that production should be brought back to the USA as quality and efficiency would be improved. This strategy proved right as Louis Chênevert was able to put UFC back in the engine manufacturing companies map. Louis Chênevert surprisingly left the UFC. He had decided to pursue personal passions, but he left a healthy and profitable company.

http://www.utc.com/News/News-Center/Pages/UTC-Chairman-Chief-Executive-Officer-Louis-Chenevertrecognized-with-the-Publi.aspx

7Aug/18Off

How Peter Briger Help Make Fortress Investment Group a Wall Street Leader

There are a few people who have made a permanent mark in the world of Wall Street. One of those people is helping to lead one of the biggest private equity firms in the world. That person, Peter Briger, is steering Fortress Investment Group to new heights as Co-Chief Executive Officer and Co-Chairman of the Board of Directors.

Mr. Brigner is co-founded Goldman's Special Situations Group in 1997. During the next decade, Mr. Brigner's team was responsible for much of the profit brought into Goldman Sachs. In fact, when Peter Briger left Goldman in 2007, some speculated that his $70 million dollar annual compensation was too little to keep him at the company relative to the profits he was generating for the firm.

After his time in Goldman, Peter Briger found himself at Fortress Investment Group where he raised $4.7 billion dollars for Fortress Credit Opportunities Fund IV fund. This new fund would help Fortress profit over credit opportunities secured by Mr. Briger's team.

Over the next decade, Peter Briger was responsible for much of the success at Fortress Investment Group. In December of 2017, Mr. Briger was named Co-Chief Executive Officer at the firm. This new title allowed Mr. Briger to spread his insight, ideas and influence to every part of the Fortress portfolio.

With a current net worth of $350 million dollar, Mr. Briger has more than secured his own future. Therefore, the private equity fund leader likes to dedicate much of his time to giving back where he can. Mr. Briger currently serves as a board member of the not-for-profit organization Tipping Point. Tipping Point is instrumental in helping low income families in the San Francisco area. In addition to his work with tipping point, Mr. Briger works with other organizations that support quality education for all.

Peter Briger is a proud alumni of Princeton University. Over the years, the private equity leader has supported a number of entrepreneur causes by the university. One of those causes include a pilot program to help recent graduates with their start-up ideas. As a Wall Street executive, GiftFrom Alumni Supports Princeton Entrepreneurship

4Aug/18Off

Highland Capital Management: Giving Back to the Community

The team over at Highland Capital Management has been going strong ever since it opened the doors in 1993. The alternative investment firm primarily focuses on private equity loans, credit hedge funds, and other various credit accounts. However, one of the founders of the firm, James Dondero, did not want to establish himself for purely selfish purposes. James had in mind to build a corporation that would give back to his hometown of Dallas, Texas. The multi-billion dollar firm is responsible for helping initiatives in Dallas, and any other city where a Highland Capital Management branch stands, that promise to launch their communities into the future in a favorable light. Read more about Highland Capital at prnewswire.com.

One of the recent examples of the generosity of Highland Capital Management is the one million dollar donation given to the Dallas Zoo to rebuild their beloved hippopotamus habitat. Back in 2001, the last living hippo at the zoo passed away of old age, and the management team had to make the difficult decision to close the habitat indefinitely. The community reached out to the Dallas Zoo with an outpouring of requests to bring back the favorite exhibit, but unfortunately, the zoo did not have the funds to do so for nearly two decades. Now, almost twenty years after the passing of Papa, the Dallas Zoo is home to Adhama, and Boipelo, two young hippo's that are happy to call the Outpost at the Zoo their new home. It is the hope of those working with the creatures that they will mate and breed so that they might support the dying population of the endangered hippopotamus. With the help of several other local philanthropists in the Dallas area, Highland Capital Management and friends were able to come up with the total fourteen million dollars to make it happen.

Check: https://www.bloomberg.com/news/articles/2017-07-05/highland-is-said-to-buy-lazard-argentine-fund-eye-stock-boost

Other examples of the generosity of the team at Highland Capital Management, are any that promise to aid their communities with needs in education, healthcare, or other civic needs the city might have. The Family Place in Dallas, Texas, is a shelter that provides sanctuary to men that are victims of domestic violence in their household. It is because of companies like Highland Capital Management and their generosity that keeps shelters like The Family Place going strong. Read more at Biz Journals about Highland Capital.

3Aug/18Off

The Chainsmokers Move Forward by Improving Their Music

Since The Chainsmokers started playing music, they've known they want to be successful. They have a lot of experience working in music since they're comprised of a DJ and a producer. While they always knew they wanted success, they didn't have a clear path in front of them to get that success. The duo knew what they wanted to do, but they weren't afraid to make the music they needed to get there. It helped them realize they had a lot of work to do so they didn't have to worry about where they were going or how they were making music. This attitude helped The Chainsmokers see they could make more out of all the situations they were dealing with. It also made it so they had a chance to explore the world of music.

The dedication they had paid off for The Chainsmokers. Since they remained so dedicated to their music, they felt they could continue producing albums and putting a lot of music out. Now that they've been at the top of the charts for many weeks, it's clear they're not going anywhere. The group continues making music and delighting fans with their new hits. As long as they continue doing this, fans will be around and will be looking for their new music. They hope to help more people have an enjoyable experience with all the music they created and with everything they're doing to get better in the musical world.

While The Chainsmokers know the direction they want to go in, big changes are coming for the future. It's their goal to keep helping people understand the music so they can make an impact. With their music, the group learned there were positive options they could take advantage of. Since they knew how to make music, they knew what music they had to make to successfully help other people. They continue making positive music innovations that continue being a good part of the industry they're in. It's their goal to keep doing this while providing for other people by creating music that just seems to make sense.

https://www.facebook.com/thechainsmokers/