Hurricane Harvey has already been recorded as one of the most damaging storms to ever hit the US, and there is no quick fix to the suffering that the city of Houston and its communities have gone through. But there are many people who’ve opened their checkbooks and have even come alongside emergency personnel to help survivors, and included on the generosity list is Nabors Industries CEO Tony Petrello. Petrello wanted his employees to help if they could, so he gave them a period of time to assist emergency workers for which they were compensated, and he also offered a facility where victims could stay and be given hot meals. He also started a fundraiser for which he donated over $170,000 to match a total of that amount given by other donors.
Nabors Industries has been a world leader in oil drilling technology and Tony Petrello has led several mergers and acquisitions including buying Tesco Corporation just this last year, and also moving into new markets with the Saudi Aramco company. Nabors Industries has invested in many new automated rig systems and uses state-of-the-art analytics systems, and Petrello has led the company’s strategic investment initiative over the last several years. He has had success not only in the oil industry but also in mathematics and law.
Anthony Petrello was raised in New Jersey, and his skills in math were discussed by an old college roommate who now is a journalist. He would often solve problems during lunch breaks, and as a high school student he earned a high enough GPA to attend Yale University. He studied under Serge Lange, a world famous math theory professor and earned both a bachelor’s and master’s in advanced mathematics. Petrello took his numbers skills and applied them to law and finance by completing law school and serving 13 years at Baker & McKenzie, a New York law firm. He left the firm to become chief operating officer at Nabors in 1991, and after taking over as CEO he got a compensation raise of $68.7 million that made him America’s highest-paid CEO.
CEO Tony Petrello loves living in Houston and along with his hurricane Harvey fund, he’s supported education, arts and healthcare foundations. He donated $7 million not long ago to the Texas Children’s Hospital to fund research at their facility. This initiative has been important to Petrello because he is the father of a young girl who has cerebral palsy, and he hopes one day that a cure for it will be found.
Find more about Anthony Petrello: https://www.broadwayworld.com/houston/article/Tony-Petrello-Welcomes-Tommy-Tune-Home-To-Houston-20180104
In Spain, OSI Food Solutions recently expanded its production capacity to be able to produce more chicken. OSI Food Solutions even added more jobs to the facility in order to accomplish the task. The plant was constructed in Toledo and seems to be dominating the production of chicken. While the cost of production is about 17 million Euros, it was necessary to more than double the production of their chicken output.
OSI Food Solutions is one of the top American chicken suppliers and a private company that has grown to become an international brand. The company has been so successful that they have expanded into Europe to aid in their production. The company has about 65 outlets across the globe and seems to show no signs of slowing down anytime soon. The company employs thousands of people and operates in about 17 countries.
OSI in Spain has gone from producing 12,000 chickens to doubling that at 24,000 chickens annually. The expansion has helped to give OSI a leg up in the competition in Europe since the plant being built. The company expanded partially due to rising demand in some European countries for their products. This can be seen as a smart investment given the rising demand for their meat products.
Interestingly, OSI food Solutions has been considered to be an ethical producer of chicken. The UK awarded the company the Globe of Honor by their safety council. OSI Food Solutions has been praised for its job of managing the risks to the environment. They have also won awards in the United States and other countries for both quality and ethics.
The company is truly on the march with its well established company continuing to expand. It happens to be one of the largest companies that produce meats in the world and its expansion in Spain is evidence that there is a rising demand for their products. At this rate OSI Food Solutions will continue to grow as a company despite being cover a century old. We will see a continued rise to success as demand for their meats continue to rise.
About OSI Food Solutions: www.kununu.com/de/osi-food-solutions-germany-osi-group-inc
NexBank Capital Incorporated completed a private placement of its subordinated notes. The deal was worth $54 million. This completion was announced to certain organizational and other wealthy investors. The news was posted in the PRNewswire on the 29th of September, 2017. The closing has helped the institution raise $283 million. The value is in the form of debt and equity. The proceeds of the offering are intended to be used for NexBank’s general corporate purposes. NexBank SSB is registered to the Federal Deposit Insurance Corporation, FDIC.
The notes cannot be called back for five years. They have interests of a fixed rate of 6.375% for that period. After the five years, they will bear interest at a specified float rate. The price is determined on a LIBOR of 458.5 basis points. The LIBOR works for three months. The notes are given a grade on investment rating of BBB-. Under the capital regulations, they are considered as a Tier 2 capital investment.
Sandler O’Neill & Partners, L.P is the only licensed agency for offering notes. This offering was closed on September 19, 2017.
The notes are however not indexed under the Securities Act. This implies they can only be sold in the United States in case of an exemption from the requirements of the registration.
The firm is a Dallas-based finance company. It provides services to company clients, institutions majoring in finance, as well as corporations. It serves its client using a three model business strategy. The strategy includes banking both commercially and mortgage as well as services to the institution.
The company has assets worth $8.4 billion as of 31st December 2017. It is run by Chairman James Dondero. He Co-founded and is currently the president of Highland Capital Management, L.P. The directors also play an intricate role in management and leadership in the firm. This yields to the success of the company from the staff commitment.
NexBank is ranked the 11th largest bank in Texas. This makes it the 150th largest bank in the USA. It was started in 1934. It has grown to 88 employees at 3 locations as of December 2017. Its money rates are three times the nation’s average. The company has also been awarded an A health rating.
He’s been at many of the best concerts of the past twenty years. Behind the scenes, he twists knobs and levers and literally pulls the strings. Clay Hutson, sound engineer and music producer has worked at the concerts of everyone from Garbage to Kid Rock. Hutson has recently struck out with his own company to manage, produce, and design the entire concert experience. He recently sat down with interviewers from thebrotalk.com to discuss his successes and some of his brightest ideas.
Establishing a World-Class Reputation
Reputation management has always been important Clay Hutson, and it hasn’t let him down. A large percentage of his jobs come from repeat business or referrals. These are some of his strategies:
- Be confident in your skills- Hutson credits his vast work experience with giving him the confidence to start his own company.
- Keep an eye on realities- When planning large, complicated sets and stunts, it’s easy to lose sight of simple practicalities like the sizes of the entrances. Keeping an eye on these things will ensure that a creative, but ultimately flawed, plan doesn’t sink an entire show.
- Be willing to work long and hard- This is pretty self-explanatory. When clients see a contractor going the extra mile, they are likely to want to work with that company again and tell their colleagues about their services.
- Check and Recheck- A single major flaw can compromise the safety of the performers and audience, as well as undo all the good that hard work and long hours have accomplished.
- Plan Thoroughly- Clay Hutson described himself sitting in a plane, on the way to a show, making sure that every element of the concert was covered, and every employee’s skills were used to advantage. This kind of planning has kept him successful throughout his career.
How To Put On A Good Show
During his interview, Hutson mentioned some ideas he had to make a concert special. He is aware of the latest technologies but added that sometimes the best shows are created when the artists are willing to put some of their own creativity into them.
Finally, he talked about appreciating natural talent rather than a teachable attitude. While attitude is essential, he says there is a level of skill that simply cannot be taught, and workers with that skill should be given some leeway. Learn more: https://www.ancestry.com/genealogy/records/clayton-hutson_148330893
For more of this exciting and informative interview, check out The Bro Talk’s website, here.