Words With Grace Praise All

20Mar/18Off

Will Shervin Pishevar’s Theories Prove Correct Once Again?

Social media is now one of the most widely used and effective ways of communicating with a mass audience, and billionaire co-founder of Virgin Hyperloop One and An investing firm, Shervin Pishevar, has often utilized the platform to convey his beliefs regarding a rapidly evolving market. Over the years, he has become one of the more respected investors in the world due to his uncanny ability to identify and link with companies that have exceeded expectations, including Dollar Shave Club, Uber, Tumblr, Klout, Rap Genius, and Warby Parker.

In his recent return to social media, Shervin Pishevar used Twitter to break down a number of economic circumstances that are altering the climate of the United States.

According to Shervin Pishevar, Bitcoin, which has been one of the most prominent investment opportunities to emerge in recent years, may continue its downward slope for a period of time. Recently, after climbing to a price of nearly 20k, the cryptocurrency nosedived to below 8k, but in Mr. Pishevar’s estimation, this will only be temporary, and throughout the course of the next 24 months, it should stabilize and return to its ascending nature.

Based on the gains of 2017, the stock market seemed to be functioning very well, with a number of notable people publicly backing it, including President Donald Trump, but Shervin Pishevar sent shockwaves through the investment community when he discussed his belief that it would soon suffer a 6000 point loss. A day after the word of Shervin Pishevar’s predictions was released, the Dow Jones suffered its most significant losses of this decade, taking a 500 point dip in 30 minutes, with the final tally totaling in at more than 1000. Immediately, markets began to panic due to the sell-offs, and the S&P looked less-secure than in recent memory. Unlike Bitcoin, if his predictions are correct, the US stock market is not due to recoup these losses anytime soon, and things will continue to worsen as time goes by.

https://www.huffingtonpost.com/author/shervin-pishevar

7Mar/18Off

Bradesco Has A New CEO But The Bank’s Mission Is The Same

Bradesco is making shareholders happy. The bank just issued $2.5 billion worth of stocks, and every shareholder is getting another share for every 10 shares they currently own. The shareholders will vote on that measure on March 12th. That measure should pass with ease. And the nomination of Octavio Lazari, the board’s pick to replace Luiz Carlos Trabuco, should also pass with flying colors. Lazari is not a newcomer to the Bradesco family. Octavio was an office boy when Amador Aguiar, the bank’s founder, hired him in 1978. Aguiar and Lázaro de Mello Brandão, the departing Chairman of the Board, hired Trabuco in 1969, so both men have tenure with the bank. Trabuco’s banking career took a turn when Lázaro Brandão put him in charge of Seguros, the bank’s insurance division in 2003.

Seguros is a moneymaker for Bradesco, so Lázaro Brandão thought Trabuco would keep profits up while expanding insurance services for bank customers, and that’s exactly what happened. For six years, Trabuco put a sizable chunk of profit on the bank’s bottom line, and Trabuco’s banking star hit the big time in the banking industry. The Board of Directors didn’t waste any time putting Trabuco in the CEOs chair when Lázaro de Mello Brandão moved to the Chairman’s position at the end of 2009. For the last eight years, Mr. Trabuco made headlines with his acquisitions and the expansion of online and mobile banking services. Under Trabuco’s leadership, Bradesco hit a new stride in the domestic and international banking.

Read more: Bradesco anuncia substituto de Trabuco

Trabuco sent Octavio Lazari to Seguros to sort out some insurance challenges, and Lazari didn’t disappoint Trabuco or the Board of Directors. In 2017, Lazari earnings broke Trabuco’s earnings record, so Mr. Lazari did what Trabuco did eight years earlier, and more. Lazari’s management performance at Seguros was enough to make him the top contender to replace Trabuco as CEO. But Lazari wasn’t the only candidate for the job. Six other vice-presidents were in the running. Trabuco and Brandão spent three months going over each candidate’s qualifications, but in the end, the Board of Directors thought Lazari had all the ingredients to be the new face of the bank. The shareholders will vote to make that choice official at the March shareholders meeting according to economia.estadao.com.br.

The good news is shareholders are getting two strong leaders. Trabuco and Lazari have a team of executive vice-presidents who know how to work together to generate income in an economy that is just recovering from a three-year recession according to g1.globo.com. No expects any negativity at the shareholders meeting. Bradesco is on track to have another record-breaking profit year, so the meeting will be positive, according to some shareholders. Shareholders will also vote to put four members of Trabuco’s executive team on the Board of Directors. Those men will hold their current positions and be board members at the same time.

Bradesco is facing challenges in 2018, but investors know Trabuco and Lazari have the experience and the team to overcome those issues without creating a lot of undue negative media attention.

Check more about Luiz Carlos Trabuco: http://www.valor.com.br/financas/5227979/sucessao-no-bradesco-deve-ocorrer-no-primeiro-bimestre-diz-trabuco

7Dec/17Off

RPS Solutions Manager Kevin Seawright

Graduating with a Bachelor's degree in Accounting from Rockland University, and with an MBA from Almeda University, Kevin Seawright has worked in financial and administrative positions at several private organizations, as well as at companies in the area of government.

He is an experienced leader who is not only knowledgeable in the field of accounting, but is also versed in diverse capital management. Learn more about Kevin Seawright: https://angel.co/kevin-seawright and http://www.njbiz.com/article/20150520/NJBIZ01/150529987/newark-economic-development-group-names-cfo

His employment record includes being the Finance Director of Baltimore's Department of Housing and Baltimore's Department of Parks and Recreation between the years of 2002 and 2005.

He was also the Managing Fiscal Officer of that city's Commission on Aging and Retirement, where he implemented a new kind of accounting method that ended up saving the company more than $100,000.

He has a strong focus on working to improve small companies by helping them transform into bigger organizations, and in trying to turn small cities into large and more productive urban centers.

Part of his leadership abilities at the businesses he's worked for involved coming up with new strategies in order to help the companies see more growth. One of the tactics he uses to advance businesses is to include all members of the corporate team in the process.

Having more than 14 years in the financial industry, Kevin Seawright managed to improve the productivity at such education-based companies as NCEDC through strategies that has helped with employee retention.

He was also the Interim Executive Director of Operations at Baltimore City Community College, and was employed with the Newark Economic Development Corporation in New Jersey. Because of his business expertise, he was featured in the New Jersey Business Journal in May of 2015.

According to Crunchbase, Kevin Seawright became the Managing Partner and Chief Operating Officer at Real Property Solutions, or RPS, in January of 2015. He also participates in community activities like coaching local youth sports teams. He has a profile on the Linked In website and on Twitter, where he tweets about things that are business-related, as well as about sports and his hobbies.

He grew up in both Baltimore and Philadelphia, and credits his parents' teachings about financial matters as he was growing up as being part of the reason for his success in business.

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