While it’s an obvious fact that most of the nation CEOs are extremely intelligent and qualified people, a few stand out above the rest, even in that rarefied air that fills up the executive suites of the nation’s largest companies. One of those CEOs Tony Petrello. With an MS in mathematics from Yale, Petrello is perhaps the most heavily qualified CEO in the country today. But he is always humble about his own credentials and accomplishments. Rather than hanging his hat on things he’s already done, the head of Nabors Industries always prefers to look to the future and the challenges that lie ahead.
But that’s not to say that the many accomplishments of Petrello, while heading up the firm, have been things that should go unrecognized. For example, when Petrello took over at the helm of Nabors Industries, the company had just exited chapter 11 bankruptcy and was reeling from years of poor management and neglect. The company, which at one time had one of the strongest names in the oil business, due to its participation in the opening of the North Slope of Alaska’s oil fields, by the year 1991, was in need of a serious change in leadership.
Petrello rose to the challenge, refocusing the company’s mission and rallying his troops around the new cause of technological development and solving some of the most pressing issues in the North American oil market. By the mid-2000’s, Tony Petrello grown the company into the single largest operator of on-land drilling operations.
Today, Nabors Industries operates over 500 rigs in 25 different countries. It has gained experience in almost every type of environment on Earth, including some of the most harsh arctic climes as well as the deepest well sites in the world’s oceans. Now, Nabors Industries is the company oil professionals turn to when they don’t know how to get the job done in the follownig: http://fuelfix.com/blog/tag/anthony-petrello/ click here.
For years it has been Warren Buffett’s contention that most people are best served by putting their money in index funds that passively follow the S&P 500. This is a low-cost way to have a diverse portfolio. While Tim Armour, the Chairman and CEO of Capital Group, agrees with Buffett that keeping fees low and a portfolio diversified are important, he contends that people shouldn’t invest in passive funds but rather actively managed funds.
Contrary to popular wisdom, Tim Armour says that there are active funds that have low fees and outperform the market. The trick, he has said, is to find one where the manager has parked their own money in it. This gives the manager the incentive to really do their homework and “earn their keep”. He also warns that the main, overlooked problem with investing in passive funds is that they are 100% exposed to bear markets with no manager there to mitigate the loss and what Tim knows.
Tim Armour, a resident of Los Angeles, has spent his professional career at Capital Group. He started out as a participant in the company’s The Associates Program and then became an equity portfolio manager. His skill at investing eventually led to his being the top executive at Capital Group.
With 35 years of investing experience under his belt, Tim Armour has actively managed funds through both good and bad times in the stock market. He is a graduate of Middlebury College, having earned his Bachelor’s Degree in Economics from this institution.
More visit: https://www.thecapitalgroup.com/our-company/management-team.html
Prominent philanthropist Adam Milstein has a calling; his charitable work centers on strengthening the State of Israel and reinforcing the relationship between the United States and Israel. Frequently writing about the need to instill pride in the State of Israel, especially among the younger generation, Milstein believes community involvement and education are the keys to forging a connection to Israel in today’s youth.
Serving as the national chair of the Israeli-American Council (IAC), a group he helped start, Milstein rallies the American Jewish community with youth groups and education about the Jewish state. The IAC coined the term Israeli American to gather former Israeli citizens who have settled in the U.S. permanently and give them a distinct identity.
Also president of the Adam and Gila Milstein Family Foundation, Milstein focuses the foundation’s support on educating college students about their Jewish roots and them inspiring them to advocate for the State of Israel on their campuses. The foundation also supports a number of other causes, including Stand By Me, a Los Angeles charity serving cancer patients and Human Rights Voices, a group which publicizes anti-Israel actions by the United Nations.
When the Jewish Telegraph Agency published their list of the 100 Most Influential Jewish Twitterers, Adam Milstein came in at number 21. The list honors individuals with a large number of followers who tweet about and participate in Twitter discussions regarding Jewish issues.
When he is not serving as a leader in the Jewish community, Milstein is a managing partner with Hager Pacific Properties at their San Fernando Valley office, where he oversees the private real estate investment firm’s property management and financing. A Huffington Post article praises Milstein for his persistence in convincing David Hager to become his partner, which ultimately made him a multi-millionaire and allowed him to become a generous philanthropist.
Adam Milstein knows a lot about real estate and how to break into investing in properties. He’s a Managing Partner at Hager Pacific Properties, a company he helped build back in the 1980s and that owns many expensive commercial properties across California, Illinois and Texas. Milstein is also a respected philanthropist who not only financially supports the Jewish community but is also actively involved with every group his foundation supports. Ideamensch is an independent blog for entrepreneurs and they wanted to know what was important to Adam Milstein in terms of his business, so they interviewed him recently.
Adam Milstein told Ideamensch that he founded Hager Pacific Properties out of a desire to do better than other companies that were offering him work while he attended graduate school. He mentioned that he had previously tried to launch a business selling art to the temples while he still lived in Israel, but he learned that he had to be a little more patient before investing too large in a particular enterprise as he did this one. What Milstein loves about investing in real estate is the ups and downs of the market and the challenges it presents each day. He also says entrepreneurs should be patient because real estate investing takes some time to make money.
Adam Milstein was born in Israel in 1952 and is the oldest of three sons. His father was a building framer and a former veteran of Israel’s first independence war. Adam himself served in the military when he came of age and fought in the Yom Kippur War in 1973. He married Gila Elgrably after returning home from the war and also enrolled at the Technion, Israeli Institute of Technology. He worked with his father in building framing for a few years, but then he relocated to the US and pursued a master’s degree at the University of Southern California. Some years after completing his master’s and cofounding Hager Pacific Properties, he and Gila founded the Milstein Foundation and Sifriyat Pijama B’America, a Hebrew learning program. Adam Milstein is also the Chairman of the Israeli-American Council and several other activist groups.
On February 18th, two of Donald Trump’s sons, Eric and Donald Jr. opened the Trump-branded golf course in the Dubai Emirates. The golf course was a project that was executed with the partnership of the Trump organization and DAMAC Properties of Hussain Sajwani. The gold course is situated in the middle of upcoming villas and apartments owned by the DAMAC organization. Some of the villas are co-owned by Trump’s organization and sell for approximately 1.3 million dollars and 4 million dollars. On the opening day of the golf course, the two sons attended a luncheon at Hussain’s mansion located at the Palm Jumeirah. Eric commented that he and his family were blessed to forge both a business and personal relationship with Hussain Sajwani. Sajwani expressed his satisfaction in working with Trump’s organization. Donald Trump and Hussain Sajwani’s families celebrated New Year’s Eve at Donald Trump’s home and expressed public appreciation of their union.
Hussain Sajwani began DAMAC in 2002 to engage in the construction of commercial, leisure and residential properties in the Middle East. The firm has many investments in real estate and a string of upcoming projects with the contribution of business partners. Hussain led Damac during the July 2008 summer lull which rendered most enterprises bankrupt. He responded abruptly to the crisis by cutting down expenditure costs, raising standards for buyers of the properties and controlling costs. Damac got through the temporary crisis successfully and continued to be a leading construction and real estate firm in the region. Hussain began his career in the food business by supplying food and catering services to staff in the industrial sector of Abu Dhabi. He provided food to the US army in various regions around the world under contract before resigning from the food industry. Hussain stated that the food industry limits one to make only millions and not billions. He explained that supplying food limited the business to low margins and small business possibilities. According to US records, the firm awarded Hussain with 1 million dollars from contracts with the US army. Hussain stated he will continue working with Donald Trump through DAMAC and explained that his relationship with Trump is devoid of political influence.