Today business executives are rarely viewed in a positive light by members of the public, especially those at big corporations. They are seen by many as money hungry individuals only at the helm of their organizations for self-serving interests, and with little regard for the needs of the society. That, however, cannot be said of Anthony Petrello, the current President, Executive Chairman and CEO of Nabor Industries. In addition to guiding the company through an era of sustained growth, he has also significantly given back to the society by funding Periventricular Leukomalacia research program.
Mr. Petrello decided to fund the program after his daughter, Carena, was born with the condition. With no cure available, he found the existing management therapies available to be wanting and instead decided to fund the discovery of better therapies. He committed an initial $5 million dollars to the program which is today hosted by the Texas Children Hospital. Should this program find more sustainable treatment therapies, it will change the lives of thousands of children across the world, not just Carena.
Away from philanthropy Anthony Petrello is the model company leader. He possesses great technical skill having graduated with Bachelor and Master of Science degrees from the highly acclaimed Yale University. Additionally, he also holds a Juris Doctor degree, awarded by the Harvard School of Law. Add to that close to three decades of industry experience and unmatched business acumen, and you have arguably the most competent leaders in the drilling contracting industry.
In his time at the head of Nabor Industries, Anthony Petrello has guided the company to become the largest drilling contractor in the world with undertakings in more than 25 countries across the globe. Returns to shareholders have reached an all-time high under his leadership, with the share price rising an estimated 180 percent in recent times. With his continued service as CEO, there is little doubt Nabor Industries will continue out-performing the competition.
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Highland Capital Management, a Dallas-based asset management firm, and Southern Methodist University (SMU) worked together in the endowment of the Highland Capital Management Tower Scholars. This program supports and honors academic and professional pursuits in public policy. In addition, Highland Capital Management supports the George W. Bush Presidential Library and Museum. The partnership between the two entities was strengthened when the president of Highland Capital Management, James Dondero, joined the executive board of the SMU Cox School of Business. SMU Cox’s executive board has 100 members, most of whom are non-academics. These individuals meet three times in a year to discuss the strategies of the business school. James Dondero said that he was honored to work with the Cox School, an institution that plays a major role in enhancing the livelihoods of the residents of Dallas.
James Dondero is one of the founders of Highland Capital Management (HCM). The company, together with its affiliates, has close to $18 billion AUM. The global alternative credit managers focus on hedge funds, CLOs, separate accounts, distressed and special situation private equity, ETFs and mutual funds. HCM, which is an industry leader in alternative asset management, has traditionally focused on the healthcare sector. The company has $2.3 billion AUM in form of mutual funds and institutional funds. James Dondero is in charge of the company’s investment strategies and operations regarding retail and institutional investors.
Mr. Dondero has a rich background in the field of credit and equity markets. With over three decades in the industry, he has been able to develop the Collateralized Loans Obligations (CLO). James is responsible for designing different award winning funds, including the Healthcare Long/Short Equity Fund. In 2014, the Morningstar rated the company’s global allocation with five stars. HCM’s funds were also recognized by the Lipper Award for Floating Rate Opportunities in 2014. Dondero has worked for Protective Life’s GIC subsidiary as the chief investment officer. In addition, he has rendered his services for the American Express. James enrolled in the University of Virginia where he studied accounting and finance. He serves on the boards of various companies, including MGM Studios, American Bank Corporation, Nexbank, Cornerstone Healthcare and CCS Medical.
Troy McQuagge has done quite a bit in the last few years. When he joined USHEALTH group, Inc, the company was floundering. As a health insurance company, it was losing ground amongst more efficient competitors, but because of Troy McQuagge, they turned around fast. He joined USHEALTH in 2010, rebuilding its captive distribution agency, USHEALTH Advisors. By 2014, he was asked to become CEO of the company, where he contributed to its comeback as an individual health insurance company that could compete amongst some of the best.
This wasn’t lost on the One Planet and Business Professional Awards, who saw his immense success as a great story for those looking to improve a business or company that was in the gutter. This is why they awarded Quagge the CEO of the year award this year. It is quite an honor, considering businesses all over the world submit their CEOs for consideration.USHEALTH Group, Inc, is based in Fort Worth, Texas and is an insurance holding company. They focus on providing innovative health care for those individuals seeking health insurance and small business owners. They seek to provide competitive products along with excellent customer service.
The One Planet Awards recognize companies who are doing excellent work in business and professionally. There are several categories in which businesses are awarded, including executives, teams, new products and services, PR, Marketing, and Corporate Communications.McQuagge is a 30 year veteran of the health insurance industry, building the two largest health insurance agencies in America, with over 5,000 dedicated agents. Since becoming CEO of USHEALTH Group, their sales have magnified by over 5 times. He increased sales at UICI, his job prior to USHEALTH Group, from $250 billion to over $1 billion within a 5 year span. He has always been dedicated to excellence as well as innovation, which are the keys to his success as an executive that can turn companies around. Innovation is extremely important, because it takes thinking out of the box and doing things differently for things to change.
Josh Verne is a famous American entrepreneur and businessman. He ones served as a co-president of Home Line Furniture. In 2012, Verne and his friend Jon Dorfman founded an online marketplace called workpays.me and acted as the company CEO. This was until 2014 when he sold the company to Global Analytics Holding. Josh Verne later founded Flocku.com, a peer-to-peer content exchange for college students. Verne highlights following tips as a source of success.
Don’t be a commander in life.
When it comes to business, you can either be a boss or a leader. When you are the boss, you dictate to your juniors to gain respect and achieve their objectives. A leader treats his or her juniors with respect so that they also respect him or her. When the juniors comply with the boss, it becomes easier to achieve the goals they set together. For success in business, you must be a good leader. It becomes simpler to learn a business and achieve business goals if you work together.
Be ready to bargain.
Always ensure that your business is beneficial to you, the client and the society. Never be willing to let the customer go.
Always be willing to listen.
Speak less to give your words more power when time comes for you to speak. People will take their time to listen to you when you shall have something to say.
Ensure you always balance your life.
Do not put all your energies into business alone, have time for other life aspects. You should progress not only in business but also in a family relationship, health, and friendships.
Find out more about Josh Verne:
Josh Verne, the founder and chief executive officer of online portal, FlockU was recently interviewed on the Knowledge For Men online podcast. Host Andrew Ferebee questioned Josh about his success in business, his failures, what he would differently looking back at his career and on advice he had for fellow business people and entrepreneurs. Here are some of the key tips that one can glean from the interview on Knowledge For Men’s podcast with Josh Verne.
Mr. Verne’s favorite quote is one that holds a lot of wisdom. It is, “Vision is the art of seeing what is invisible to others” by the writer Jonathan Swift. One can interpret it in many ways but generally it means that having vision in business means that you can spot opportunities when others miss them. Taking those opportunities and then building on them can lead you to great success. This is what Josh Verne is hinting at here.
For anybody who is looking to start out in business or build a career Josh Verne also offers this advice. He says to find something that you are truly passionate about. Josh says to go do something that will make you have a fire in your belly and make you want to jump out of bed and get to work. If you lack passion, then your daily tasks will seem like a drag. If you are passionate on the other hand, you will enjoy what you do and give it your all. Most successful people have lots of passion and passion is a great thing to have in work and in other life activities.
You can check out more tips from Josh Verne on Knowledge For Men. Mr. Verne is based in the greater Philadelphia area and had previously served as president of Home Line Furniture. He also helped develop the online payment business and website called Work Pays Me. Josh Verne has also patented Doritos Pizzas, a feat which he is proud of.