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It is one thing wishing for a position, and it is another thing working to get a position. Many people wait to get senior position, to start putting in long hours. Sometimes, the best thing to do is act like the position you want, as you wait for the title. It did work for David McDonald.
David McDonald is the President of the prestigious OSI Industries. OSI Industries is a firm that deals with the distribution of food and other products that are consumed on daily basis. The firm is slowly dominating the market. They have been able to earn trust from their consumers because they have been around for long. For instance, they are enjoying significant success with the market of China. McDonald explains that they have been in China for two decades. They, therefore, understand the taste and preference of the people.
There is no success without challenges to conquer. The OSI Industries are facing problems with the poor infrastructure of China. David McDonald says that they have collaborated with the government agencies and other premium organizations; so they are hoping to resolve the issue soon.
The most interesting thing about David McDonald is that he has been working at the OSI Industries for the past 30 years. When he joined the company, he was a project manager. It is through his effort that he earned President position. He is very passionate about his job. He is still enthusiastic as he was 30 years ago. If something, he is working harder for the good of the company.
While many people have doubts about their businesses at some point; it may surprise you to know that this has never happened in the career of McDonald. He says that he has always believed in strategies of the OSI Industries. He has always been confident that nothing could go wrong. He adds that it is easier for the company because they are a private company, which gives them the space to be innovative with their work.
McDonald confirms that the firm is looking forward to serving their customers in the future, who they consider family.
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Equities First Holdings has helped many with alternative lending solutions since it was first founded in 2002. Even though their headquarters can be found in Indiana of the United States, they also can be found in Europe, Asia, and Australia.
In fact, the Australian offices now formerly known as Meridian Equity Partners Pty Limited have been bought by the Equities First Holdings company.
With the acquisition of the location in Australia, Equities First Holdings now boasts six offices operating out of four separate continents across the world. And now serving clients in Australia, Equities First Holdings has expanded their customer base to a large global platform.
Equities First Holdings is a private equity firm that provides alternative lending solutions mainly for corporate and business uses. Al Christy operates as the company’s president and founder. To date, the company has assisted in helping their clients with nearly a thousand transactions worldwide.
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OSI Food Solutions has won the hearts of many people, thanks to their ability to provide hygienic customized food products to them. The firm has grown tremendously since its establishment, and it has doubled its production. OSI Food Solutions firm has been in existence since 1909 and is perceived to be worth $6.1 billion. The firm prides itself in its highly experienced executives, with Sheldon Lavin serving as its CEO. Additionally, the firm has gained a great reputation due to the high-quality food it offers to its customers, and as a result, it has been featured in the top 100 list for a couple of years.
OSI Food Solutions has always focused on pure hygiene when it comes to the production of their food products, and it has been backed by the use of the modern means of technology in their production. The German-based subsidiary of the firm flaunts the use of the world`s most advanced hamburger production line, and this enables them to manufacture over 5.5 million patties within a single day. The firm has always searched for innovative solutions to help them maintain good hygiene in their productions, and the firm has also strived to involve highly experienced personnel to ensure that their food products meet the customer expectations. Their continuous use of the compact enclosures and terminal boxes from Rittal’s HD range, to protect technological machinery from water and other fluids acts as one of their major steps towards maintaining good hygiene in their firm.
Additionally, OSI company has majorly focused on ensuring that their customers are satisfied with their food products services. The firm always accepts feedback from their clients with the aim of making corrections in all the problem areas that they state. The recent acquisition of Tyson plant by the firm also marked a breakthrough for the company, which was later transferred to other affiliates of the OSI Food Solutions firm in Germany.
Besides, the firm has also worked in partnership with other firms in the country, with the aim of increasing its production. The recent acquisition of Baho Food by OSI Food Solutions has also played a major role in maximizing its profits. Baho food has been majorly focused on the production of meat, snacks, and other food products for the food industry in European Continent. With this deal, OSI company has gained a stronghold in the country and looks forward to acquiring more firms in future.
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Stone/Talos Merger become TALO on NYSE
Talos Energy, a Houston oil and gas provider, is officially a public company. May 10, Thursday, it closed the merger with Louisiana Stone Energy. The merger closed at $2B for Talos. Rather than filing for an IPO, Talos purchased a controlling interest in Stone. Talos stock symbol is “TALO” on the NYSE. TALO is interested in pursuing more drilling in the Gulf of Mexico.
History of Talos
Talos is the merging of two previous
Companies, also in oil and gas: Phoenix Exploration Co. and Gryphon Exploration Co. Talos have focused on oil and gas exploration production. Talos was begun in 2012. After the Stone acquisition, Talos is well positioned to create other opportunities for development. Talos had originally had plans to prepare for its own IPO, but the oil bust ruined this future hope. Talos was able to acquire Stone as the largest shareholder, thereby acquiring the IPO thru the merger.
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Talos makes Zama Discovery
Talos just hit it very big when it struck gold with its Zama oil deposit discovery in 2017. Zama oil reserve has an estimated 1.5 to 2B barrels of oil. AIPN named is “The Discovery of the Year.” Zama discovery was a historic event since it was the first time a private sector was allowed to explore oil off Mexican shores. Zama oil deposit is only 165 meters in depth, which makes it easier to drill.
Tim Dunca, Talos Chief Executive, called the merger between Talos and Stone a “transformantional combination.” Talos retains 63 percent of the merger while Stone retains 37 percent. Furthermore, pproduction from the recent Zama reserves will begin production as early as 2019.
Talos made the discovery of Zama 37 miles offshore of Puerto Dos Bocas, which is an highly valued oil port in Mexico.
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In March, Chicago-based genomics startup, Tempus, announced that it has received $80 million in funding from new backers Kinship Trust Co. and funds advised by T. Rowe Price Associates. Additional capital from previous contributors, New Enterprise Associates and Revolution Growth, also contributed to this fundraising round.
The technology company, founded in 2015, fashioned an operating system that uses patient data to enhance cancer care, including the personalization of individual treatment plans. The goal is to take advantage of technology to streamline patient care, with an emphasis on efficiency. Tempus strives to redefine how genomic data is utilized in clinical settings and discover trends in cancer treatment.
Tempus co-founder, Eric Lefkofsky, serves as the company’s CEO and says that the organization has developed relationships with organizations and individuals in all facets of the health care system, in an effort to enlist big data to treat patients more effectively and improve outcome. Working alongside doctors and drug companies assists Tempus in generating more molecular data from those currently being treated for cancer, and integrating said data with patients’ electronic medical records.
Lefkofsky, who has an extensive background in the technology sector, has stated, “I think the traction we have had with everybody in the industry has been kind of amazing. We’re in the midst of one of the most significant paradigm shifts of our time.”
Since the beginning of operations in 2015, Tempus has received $210 million in funding. Recent new funding places Tempus’ worth at roughly $1.1 billion, according to a source who was close to the deal. Companies valued at over $1 billion achieve “unicorn” status, which is a distinction not held by many other Chicago-based startups.
Currently, Tempus has approximately 400 employees, including software engineers, and computational biologists, among other staff. This number is growing at a rate of about 30 new hires per month.
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Peter Briger is the President and Co-Chairman of the Board of Directors at the Fortress Investment Group. He serves explicitly as head of the real estate and the credit fund business department at the company where he concentrates on issues related to distraught debt. Before becoming a part of Fortress Investment Group, Peter Briger was a partner at Goldman Sachs & Co. Where he worked for 15 years. While there, he served in operational, management and leadership and this is where he gained the experience and expertise he practices in his current position.
He, therefore, has been acknowledged to have brought Fortress Investment Group to the limelight or instead to the public eye with his contribution to the company. Briger is a holder of a Bachelor of Arts from the University of Princeton and a Master of Business Administration from the Wharton School of Business at the Pennsylvania University who have contributed to his knowledge in his field of work. Apart from dedicating his skills and time to work related issues, he is as well a part of charitable causes such as gifting Princeton University alumni. He is a part of offering funds for startup businesses and share experiences and advise to run these businesses.
Peter Briger earned a spot on the Forbes Billionaire list and had been ranked position 407 with a net worth of $2.3 Billion. With that, it is clear that his hard work of many years has been paying back and he, therefore, proves that consistent and hard work pays. He was vocal on the idea of Fortress Investment Group coming together to build the very first regulated Bitcoin exchange that would be nationally recognized. All the interested parties in this investment got a satisfactory sense after Briger explained what it would entail considering that it would be an improvement in the currency world technologically.
Even though it was not easy for him at first to convince investors especially with Wells Fargo withdrawing their partnership with Fortress Investment Group, he got a breakthrough after American government officials offered to support his idea. Additionally, Wall Street as well became a part of the project which made things easier for Peter Briger and his brilliant idea. The employees at Fortress Investment Group appreciate working environment they have been offered by their employers Peter Briger being one of them. The employees are given an opportunity to better their skills by being provided training in their proper roles which they appreciate as they can use that expertise elsewhere.
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Tony Petrello grew up in what would be considered a working-class family. He attended public school and was considered an outgoing student. Starting at a young age, Petrello was willing to speak out about topics he cared about, and thought were important. It wasn’t until high school that Tony Petrello greatly excelled as a student. He became well known, famous in a sense, for his abilities in math. In fact, he considered it to be enjoyable to write down equations and proofs and then solve them.
Yale University learned about Petrello and offered him a scholarship and the opportunity to be mentored by Serge Lang. Lang was considered the most inexhaustible mathematicians of his time. However, Tony Petrello wasn’t interested in pursuing his education in math, instead he wanted to study law. After graduating from Yale with a bachelor’s and master’s degree, he attended Harvard Law School.
Upon finishing law school, Tony Pertrello took a job at a law firm, Baker & McKenzie, where he became a specialist in business law. In the 1980’s he became a partner of the firm and ran its New York office. One of Pertrello’s clients while he worked at Baker & McKenzie was Nabors Industries, an oil drilling company that has locations around the world. Nabors leadership team was impressed with Petrello and started offering him a position within their company. It took time and serious convincing to get Petrello to join the Nebors team, but he finally did leave Baker & McKenzie and joined the Nebors team as an executive.
Tony Petrello became the Chief Operating Officer of Nabors in 1991. While he served in this position, his primary responsibility was daily operations. It is not surprising that Petrello made a huge impact while he served as the COO; therefore, when the time came he was the first person considered to take over the company. One year later, Petrello became the president. It was at this point that he started to leave his mark with massive and continued success.
Outside of the oil drilling business. Petrello participates in philanthropic ventures. Primarily, he is interested in pediatric neurological health care. Petrello donated $7 million to Texas Children’s Hospital to help support their efforts in neurological health care; this donation allowed the hospital to build a state of the art care center dedicated to pediatric neurological patients.
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The premature birth of Tony Petrello’s daughter Carena, at 24 weeks brought about extensive personal research between him and his wife, Cynthia. Diagnosed with periventricular leukomalacia (PVL) at birth due to lack of sufficient oxygen flow into the brain, Carena encountered development problems including cerebral palsy. Her parents were distressed by lack of enough medical interventions research which led to another commitment to standing with parents having similar cases.
The couple has been philanthropic, but this case led to specific charitable efforts such as the $7 million donations to Texas Children’s Hospital in 2010. Tony Petrello donations were used in funding research at the Jan and Dan Duncan Neurological Research Institute, to ensure children around the world get the best treatment for neurological disorders. He says it’s humbling raising his daughter with a severe developmental disability but has not given up, hoping to work out a cure through research.
He has a passionate heart about giving back to the community which was instrumental in his capacity and as the leader of Nabors when Hurricane Harvey wreaked havoc in Houston, Texas. He quickly mobilized a team of disaster relief workers from Nabors, who were paid for the time off. Moreover, Tony matched every dollar the employees donated towards the disaster relief funds, equaling their $173,622 donations. He encourages his employees to live a healthy and fit lifestyle and avails equipment for workouts at work.
Tony Petrello attained his bachelor of science in mathematics from Yale University on a public school scholarship. His family was not stable enough, something that motivated him to work hard at high school earning the scholarship. He received his master’s in mathematics at the same institution before heading to Harvard Law School. He was later employed at Baker & McKenzie law firm in New York rising to become a managing partner. His successful law career attracted one of the firm clients, Nabor Industries Ltd, who inquired of his services, leaving to become the current president and Chief Executive Officer.
Forward thinking and teamwork have been his propelling theme at the oil drilling company. He is a strong leader who emphasizes on talent and experience in a collaborative leadership style which has enabled Nabors Industries to stay on top of the industry. He aims at the improvement of each project they perform making their operations more efficient than the last time they did it. Tony Petrello has led the company by extending its services to off-shore drilling and production of some of the safest and largest rigs across the market.
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OSI Industries is one of the biggest names in the food service industry, but it isn’t too common in most households. To be honest, most people don’t know exactly where their food products come from. There are numerous high profile food providers in the world, but there is one that stands-out from the rest. Located in Aurora, Illinois, is one of the leading food providers, and it has worked its way straight to the top via hard work and dedication. OSI Industries just so happens to be the company in question, and it actually started from humble beginnings. OSI Industries was birthed in 1909. Yes, this is correct. If you do the math, this means that the company has been around for over a century. It was founded by a German-immigrant named Otto Kolshowski.
Providing the freshest and best-tasting meats is what the small meat market did at its best. During this point in time, OSI was known as Otto & Sons. This small meat market was situated in Oak Park, Illinois. People from all over the Midwest ordered their meats from this phenomenal place, and it would begin to grow at an outrageous rate. In the 1960s, cryogenic-food processing took-over the scene. Unfortunately, many business went of out-of-business because of the cryogenics’ extraordinary ability to freeze meats. Otto & Sons/OSI continued to thrive under this new regime and McDonald’s chose the company as one of its four, main meat suppliers. To this very day, this duo of companies has retained a strong relationship.
Forbes has ranked OSI Industries on multiple occasions. The company was ranked at the 136th position for the nation’s largest private companies. During that time, OSI generated upward of $3 billion in revenue. In 2014, OSI reached the 58th position thanks to generating over $6 billion in revenue. As of today, this multi-billion dollar company has the world in its hands, and it will continue to push the boundaries in food services.
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For David McDonald, Being President And COO Of OSI Group, Adapting To The Constantly Changing Needs Of Consumers Is A Key To OSI’s Business Success.
As COO and president of OSI Group, David McDonald believes that adapting to the ever-changing food trends and needs of the consumer is one of the main keys to success in the food industry for OSI.
David McDonald got his start at OSI Group as a project manager. He has 30 years of experience with OSI Group. McDonald also has a great track record and many work successes while holding the Chief Operating Officer role.
While working as COO and president of OSI Group, David McDonald and CEO Sheldon Lavin have received many accolades from their industry peers and stakeholders over the last few years. OSI Group is known for its high level of efficiency and quality as part of the food sector.
Over his three decades as an employee at OSI Group, McDonald has improved OSI Group’s market share, by successfully reaching key watersheds by expanding into many international markets like Europe, India, China, and elsewhere. Under McDonald’s leadership, OSI Group and their subsidiaries have earned impressive awards concerning their leadership in areas of sustainability, work safety, and efficiency.
Over the years, David McDonald and a key group of top executives at OSI Group have been aggressive in their strategy to expand their market share into Europe. OSI Group purchased BAHO Foods, a Dutch-based food company, in August 2016. The acquisition of BAHO Foods, as McDonald remarked, provided a stronger business presence in the European markets.
David McDonald and fellow executives at OSI Group decided to buy the UK-based food company, Flagship Europe, in December 2016. Flagship Europe is a subsidiary of the Flagship Food Group. Flagship Food Group, which an American company, is currently headquartered in Denver, Colorado. McDonald noted that Flagship Europe’s portfolio of brands and niche products are relatable to OSI’s business model, by complementing OSI’s other products.
In terms of key moves that have been made on the domestic side of the food markets, OSI procured the Tyson Food plant in June 2016. OSI acquired this Tyson plant for $74 million. An OSI group spokesman remarked that Tyson’s 200,000-square-foot property, which is positioned in the Back of the Yards locale, is convenient in terms of its proximity to OSI’s other Chicago facilities.
The purchase of Tyson’s Food plant was a key strategic move that boosted OSI’s long-term business growth. This acquisition by OSI was a sagacious way to use this new infrastructure to spur additional business growth.
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