How Louis Chenevert Managed to Leave a Legacy in UTC

The aim of every Chief Executive Officer of a company is to leave a legacy in a company. Well, this is what Louis Chenevert accomplished in United Technologies Corporation (UTC). Gregory Hayes is the current CEO of the company, and he also believes that the CEO is the steward of a company. By this, he means that the CEO should not only focus on the present success of the company but the future of the firm. Whenever this discussion comes up, they remember Louis Chenevert.


Louis Chenevert led to the growth and development of the company. By the time he was leaving the company, it was termed as the most profitable company in the USA. Many factors led to the success of the company under his leadership. Here are some of the factors;



When Louis Chenevert was the CEO of UTC, he led the company to make many meaningful purchases. Among them is the Goodrich Company which cost the firm $16 billion. The process was long and tiresome, but after a lot of negotiations, he finally closed the deal. This purchase gave UTC a lot of leverage in the market.


Louis Chenevert also led UTC to buy the GTF engine from his former employee; Pratt & Whitney. It is worthwhile to note that before Louis joined UTC, he was working as the president of the Pratt & Whitney firm. He saw the future of the GTF engine and led UTC to buy it at $10 billion.

Although these acquisitions may have seemed very expensive at the time, they have been very great for the company in the long run.


Investing in Future Technology

Louis Chenevert believed in investing in future technology. He saw this as a way of securing the state from another financial crisis.


Louis did not only mean assets when he said investing in the future. He also meant the human resources as well. This is why he avoided the layoffs when other firms were busy conducting layoffs to save their businesses.


Louis believes that one is only as good as their team is. He advises other investors to invest in empowering their teams to make a difference.

Randal Nardone, Co-founder of Fortress Investment Group

Click here to view Randal Nardone's Crunchbse profile

Randal Nardone Crunchbase

Randal Nardone is the CEO, co-founder, and director of Fortress Investment Group LLC. It is an investment firm where he has been involved in the top management since 1998. In 2006, he was appointed as one of the boards of directors and in 2013 he was appointed Chief Executive Officer.

At 51, Randal is a self-made entrepreneur. He was ranked number 557 on the Forbes ranking. Randal owns 53 million shares worth 1.6 billion in the fortress investment group which he co-founded. He has also been able to achieve an additional $100 million in net cash out since 2005.

Randal Nardone studied at the University of Connecticut where he graduated with a bachelor of arts in science and a doctorate in Jurisprudence.He started out his career at Thatcher Profit and Wood. Later he worked at BlackRock financial and UBS. In 1998 he co-founded the fortress investment group together with partners: Peter Briger, Michael Novogratz, Robert Kauffman and Wesley Edens.Through his experience and expertise, he has ensured the development and growth of the Fortress Investment Group. The company has provided high quality services to the clients.

While exhibiting great expertise and skills, Randal Nardone has grown as a financial expert. He has been a key implementer of ideas that have seen the growth of every aspect of the company. Through his knowledge and advice, his clients and several companies have grown financially. Besides serving as the CEO in Fortress Investment Group, Randal Nardone is the president of the Springlife financial holdings. He is as well the vice president and secretary of Newcastle investment holdings. He also serves in the capacity of a director at the Ales Group Holdings corporation since July 2007. Randal is a leader who has been involved in many management positions besides those listed.

A positive feedback has been shared by the employees working at the Fortress. Most have termed it as a rewarding environment that easily recognizes and identifies the hardworking. Besides that, the company has been a ground to challenge many and broaden their knowledge base in future. The company has provided an opportunity to learn and an inspiration to others who value working with smart people.

On 28th December 2017, Softbank Group completed the acquisition of Fortress Investment Group for 3.3 billion dollars in cash. The Fortress was expected to operate within Softbank as an independent entity headquartered in New York. The top leadership model, brand and personnel processes were maintained despite the change. This move was mainly based to ensure Fortress success.

Anthony Petrello Is A Talented Businessman With A Passion For Philanthropy

Tony Petrello was born in Newark New Jersey and comes from a humble background. He is the Chief Executive Officer for Nabors Industries, a company that deals in gas and oil production. Nabors is a global company, and Tony Petrello has earned the reputation of being among the most highly compensated chief executive in the United States of America. The journey of success and the massive achievements that Tony Petrello have not been an easy one and he has had some hurdles to cross before his current prestigious social status. Tony owes most of his life successes to the fact that he utilized is natural talents, hard work and innovative thinking throughout his professional and social life.

Tony Petrello
together with his wife Cynthia, are involved in philanthropic efforts in the community of the people of Texas. Tony and Cynthia have contributed generously towards efforts to improve education, the arts and the healthcare of the people around them. Tony and Cynthia Petrello have conducted fundraising to help raise funds that would enhance the research concerning neurological illnesses in children. Anthony Petrello has always been talented in Mathematics, and most of his friends from way back portray him to be an extrovert. Tony was noticed by Yale University in his exemplary skills in mathematics and was offered a scholarship to attend the renowned higher learning institution. Tony was trained and mentored by Serge Lang a legendary Mathmatetican that Anthony Petrello as established an endowment in his memory at the Yale University. Tony met Cynthia while he was at Yale and the two have formed a strong front when it comes to helping those in need. After Tony had graduated from Yale, he decided to join Harvard Law School contrary to the expectations of many. Tony finished his studies and started working with Baker & McKenzie in 1979, and it was during this time that he encountered a client by the name Nabors Industries. Tony delivered beyond expectations while working on account of Nabors Industries that he left an impression that the firm wanted to hire Tony themselves. Tony at the time had no education or experience whatsoever in business, but his natural capabilities in business made him leave an enormous impact on a global company like Nabors Industries. Under the leadership of Anthony Petrello, Nabors Industries has experienced exponential growth. Tony has spearheaded valued partnerships that have enhanced the growth of Nabors Industries to achieve even greater success.


Paul Mampilly, Bitcoin, and Cryptocurrency

Mr. Paul Mampilly is a renowned American investor and financial advisor. In his usual unique way, he shares his thoughts on cryptocurrency. Mampilly firmly believes that the cryptocurrency bubble will burst shortly. The previous winner of the prestigious Templeton Foundation investment competition relates the current state of cryptocurrency to the 1999 stock market rally that would leave investors without any investments. And to reinforce his point, he states that it is only a matter of time before cryptocurrency investors lose their money. Follow Paul on Facebook.

The 1999 bubble was composed of some companies with a solid reputation. Stocks that were not representations of real companies rose so high a clear indication that things were not okay. The massive stock bubble kept drawing in new investors who were unaware of the situation. Paul Mampilly sold his investments and two a year later he lived to cherish his decision. The current cryptocurrency state is not any different.

A cryptocurrency is a form of payment means that exists solely online, beyond the control of any single centralized government. This form of currency is controlled by the use of very sophisticated rules and cryptographic patterns with Bitcoin at the head and by far the most prosperous. Other types have since emerged as the interest in Bitcoin grew. Several important organizations and people of high standard took it leading to its popularity in no time. Several governments have officiated the technology, and many more are following in the direction. Paul points out the rapid growth history of cryptocurrency and terms it as high interest in assets of unknown value that would eventually lead to a sudden loss.


Bitcoin established an impressive growth rate to a peak of $19,000 with many critics and idolizers alike. Some people characterized it as the tech of the future while those with a solid understanding of currency claimed the opposing opinion. Later Bitcoin took a plunge before temporary stabilization at $8,000. The financial expert, however, warns that the worst is yet to come.

Economic Bubbles occur when assets begin to sell at prices that outweigh actual functional value. This situation happens when investors invest heavily in assets that are deemed to be successful. Contrary to belief, investor Paul Mampilly’s sentiments are not as a result of failure to invest in cryptocurrency but rather due to the near-impossible evaluation associated with cryptocurrency. He firmly believes, however, that the very nature of the idea is impressive but investments at this time are highly risky. Follow Paul on

The influence of OSI industries in society

OSI Industries is a known business venture which has specialized in the food sector. Therefore, it is concerned with the processing and supply of food products. The idea to start the business came from immigrant businesses. The founder of the company had started the company as a family business and using a different name. However, the Second World War brought about too many changes including relocation.

As the saying goes, change is the only inevitable thing. Therefore the company was revived in the United States where it started as a small retail shop. The supply of food was done only in a small area making even the management to be simple and not complex. The management was run by the family only but the effectiveness ensured growth.

Years down the line, the OSI Industries has grown to be a large company. It changed from a retail shop to opening several wholesale and retail shops. As a result, there had to be several changes to be done to ensure growth is constant. For instance, the management of OSI Industries took a turn from small management to a large management circle. There had to be other professionals who had to be inducted into the company for smooth operations to take place.

The company has grown to be international and stills prove to be effective in the services it provides. For this reason, it has managed to get several awards mostly because of great management and services provided. It has evolved technologically to provide more products as the channel to process food products was created. In addition, it has made several partnerships with other investors who are skilled and are equipped to promote the production of quality products and effective supply. Therefore, the company has gained more trust from the public located in different places due to its efficient and reliable services and high-quality food products it provides.

Moreover, the company has grown to gain a wider market for its products. The markets provided are present due to the opportunity to work with several countries whose public trust the products provided. To add on that, some of the branch countries such as China will help grow the market to larger scales. The economy of China is growing at a higher rate and the country has decided to join the World Trade Organization. This will pave the way to better chances of growth as OSI Industries is at the verge for a wider market. The market availability will be facilitated by the interaction with more countries.

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Equities First Holdings LLC Acquires Australia Market

Equities First Holdings Expands Global Market

The popular Equities First Holdings Group has expanded to an international platform. They have been able to team up with the Australian market to expand their global equity loan services. Their loans are based on a strict evaluation process to assume less risk. Their loans are based on the amount of equity you own. Equities First offers their customers personalized care with an evaluation of your business equity and finances. They have also been the leaders in nationwide lending with several complete deals on loans that have contributed to the success of many Fortune 500 companies.

Learn more about how you can become a small business owner with a great loan opportunity. You’re invited to contact one of their friendly customer service professionals about a free consultation to evaluate your finances and help you qualify for an equity loan.

Barbara Stokes-On a Mission to Succeed

Barbara Stokes, CEO of Green Structure Homes of Alabama, has used her pull and influence to do a lot of good particularly with the Federal Emergency Management Agency, also known as FEMA. She works with her team on a daily basis in order to get from the concept stage to completion as quickly as possible. Visit to know more about Barbara Stokes.

Barbara and her husband work with their team to offer safe commercial and permanent housing combined with manufacturing techniques that cover on-site construction to modular homes. They apply these services to an array of purposes such as school campuses, residential developments, land planning, and military projects, to name a few.

Barbara Stokes majored in physics and biomedical engineering at Mercer University and also studied management, manufacturing, subjects applied to GSH and thermodynamics. She also received schooling in the structures and properties pertaining to materials.

Barbara is dedicated to helping the efforts of Disaster Relief Construction, and she and her husband volunteer their time to help those who need relief. After Hurricane Harvey’s devastation in Texas, GSH received $28 million for the federal government for modular buildings.

Barbara is a hard-working mother who tries to find a balance in her long days. She is devoted to her family as well as to her work and is always striving to stay ahead of the business trend. She tries to keep her employees happy because when they are happy she believes that they perform better and ultimately the business will be more successful.

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GHS is a business that is completely woman-based and that works to its advantage since the company is able to obtain certain SBA programs. These programs are helping the company to grow and to become more successful.

Barbara believes that failures can be beneficial to the success of a business and is somewhat inevitable. The important thing is to learn from mistakes and to move on stronger for it. The key is never to give up.

Barbara also knows the importance of surrounding yourself with good people. Doing this will help to ensure your success. She also knows the value in listening to those around you. Read more at Business Insider.

The addition of two employees to Highland Capital Management

The investment manager of highland capital management that deals with global alternatives announced that they were hiring the professionals in the institution of business development. Another addition that they were making is the managing director Laurie Whetstone and Kieran as the director of the company. The reason why they were adding new staff is that they were anticipating that it would increase the opportunities. Because one of the competencies that highland was facing if distressed credit. Currently what the firm is running on various platforms like the credit strategies of the stressed and distressed. During the last credit cycle, there was something that highland established, and that is the distressed equity fund that would help them in being in control while focusing on the oriented investment that would be made on the loan that was senior secured of the firms that were in the distressed situation that is complex too. Learn more about Highland Capital at Crunchbase.

One of the biggest strength of highland capital management according to the co-chief investment Trey Parker, is that they take advantage of the opportunities that are created when the minor disruption occurs because in the market today the high yield size will create the opportunities. The team that they are coming up with is the one that will help with the connection, in connecting highland capital management with investors those that understand the dynamic and take advantage of the opportunities created.


Jim Dondero and Mark Okada are the once that founded highland capital management in 1993, with the aim that they will assist with the multibillion-dollar global investing managing. Over the 25 years, they have been in service the company has evolved, in making sure that they have their credit expertise and so that to expand to other asset classes they take advantage of the value-based approaches. The services that they offer like high yield credit, there are still other services that they provide including private equity, public equities and real estate the facilities have been built around a specialized team. The main headquarter of Highland is in Dallas, Texas. They still maintain other offices in Sao Paulo, New York, Singapore, Seoul and Buenos Aires. Read more at

Jeunesse Global can’t keep its Nevo energy drink in stock

Randy Ray and Wendy Lewis had led successful careers in the direct-marketing business, having founded many of the most successful companies in the industry. However, they had no idea what a blowout success their latest company, Jeunesse Global would turn out to be. Founded as a simple means to pass the time in the boring and idle hours of retirement, Ray and Lewis’ latest venture would turn out to be one of the most spectacular successes that the international health and beauty industry had ever seen.

One of the factors behind the success of Jeunesse Global was the fact that, from the outset, it was designed to be a different kind of company. Ray and Lewis had long ago acquired enough wealth so that they never again would be required to work. But they kept going because the direct-marketing industry was where their passions lay.

With Jeunesse Global, Ray and Lewis viewed their latest project more as a way of making a great life statement, their magnum opus, than as a vehicle for acquiring even more wealth that they would never realistically be able to use. As a result, the company has been behind the creation of some of the most innovative and widely lauded products that have come out of the health and beauty industry in decades.

One example of such a groundbreaking product is the company’s energy drink, Nevo. Nevo is a great-tasting answer to many of the highly synthetic energy drinks on the market today. Made with 100 percent natural ingredients, Nevo delivers the same energy boost as products like Red Bull. But it has the taste of freshly squeezed fruit juice, and it has a cleaner, natural high without the sudden and deep crash common to other highly processed energy drinks.

Nevo is just one of the more than a dozen products that make up the Jeunesse Global Youth Enhancement System, a basket of products that puts the ability in the hands of users to stay feeling healthy and young. The Youth Enhancement System can help people stave off the effects of aging for years or decades to come.

Southridge Capital’s Outside the Box Financial Management Solutions

Southridge Capital is a financial services company that serves the diverse needs of its clients by providing them with innovative financial solutions. It has financed over 250 public companies and provides many services under the advisory umbrella as well as other services to companies who work with it.

One of the advisory services that Southridge Capital offers is Financial Analysis, which involves providing the company it is advising with projected financial statements based on the company’s current financial operations. It also offers Balance Sheet Optimization, through which a balance between debt and equity is managed. It also offers Restructuring Analysis, which is focused on helping a company restructure its assets as necessary, and Bankruptcy Advice, which includes negotiations and restructuring in order to keep a company it is advising from going bankrupt. Southridge Capital focuses on thinking outside of the box in its restructuring efforts and collaborates directly with the creditors of the company it works with in addition to offering monetization of the company’s assets.

Southridge Financial’s management team is made up of five individuals – Stephen M. Hicks, founder and CEO, Narine Persaud, CFO and Controller, Laurence J. Ditkoff as CPA and Director of Research, Henry B. Sargent as COO and General Counsel, and Linda Carlsen with Portfolio Management. Check out to know more.

In addition to thinking outside the box when it comes to asset management, Southridge Capital also thinks outside the box in terms of philanthropy. Along with his wife, CEO Stephen Hicks founded the Daystar Foundation, a philanthropic organization that supports organizations such as the Bradford Peterson Memorial Scholarship Fund, the Ridgefield Community Center and the Save a Child’s Heart Foundation.

Southridge Capital was founded in 1996 and is based in Ridgefield, Connecticut. In addition to their advisory roles at many companies, it has helped fund Raft International’s Venture Round as a lead investor in 2005 and Fakespace Systems’ Venture Round in 2001. It has invested over $1.8 billion into companies all over the world since its launch and in 2015 it entered into a $5 million equity purchase agreement with Elite Data Services, a company based in Dallas, Texas.

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