Louis Chenevert Has Made United Technologies Corporation What It Is Today

Louis Chenevert is known as the man who lifted United Technologies Corporation (UTC) up to be the company it is today. He started his professional life by attending HEC Montréal, which is an affiliated Business School of University of Montreal. It was there that he obtained his Bachelor’s of Commerce Degree in Business Production Management. He went on to receive Honorary Doctorate from, both, HEC Montréal and Concordia University. After this, he worked for General Motors for 14 years as its Production General Manager. In this position, he helped to ensure that the company’s production department and inner workings went smoothly.

As Louis Chenevert continued to add to his skills and expertise, an opening appeared at Pratt & Whitney. The company’s work was focused in the aerospace manufacturing industry, and it desperately needed some stronger leadership. Chenevert started out by working in the company’s Canadian branch, and he managed to help Pratt & Whitney get through a tough financial time. Just six years after coming aboard with the company, he was elected its President. The work he did during this time and after began to catch the attention of some of the leadership at United Technologies Corporation (UTC), which Pratt & Whitney was a subsidiary of. Chenevert quickly became the Chairman of UTC and then worked his way up to become its CEO.

Louis Chenevert helped to usher in a new era for UTC, and it was through his leadership and knack for innovation that the company’s bottom line improved dramatically. He was a large part of the creation of the Geared Turbo Fan Engine, which helped to reduce fuel consumption by 20%, reduced noise levels by 50%, and could, be built at a much lower cost. He was also responsible and at the head of the acquisition of Goodrich aerospace, which was known to be the largest acquisition ever at the time that it happened. It was a deal worth $18 billion, and it changed the direction that UTC would take for years to come.

Louis Chenevert will always be remembered as the innovative genius who made UTC what it is today.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

Shervin Pishevar Financial Goals

On February 5, 2018, Shervin Pishevar hit Twitter with a 50-tweet storm that caused a range of responses in the tech and investing marketplaces. He thoughts began with an ominous tweet.

A Downward Dow

“Some thoughts on financial storms I seeing brewing ahead. I expect a 6000-point drop in aggregate in the months ahead,” wrote Pishevar. In the 49 tweets that followed, he presented his case.

No Safe Investing Options

A long-time tech investor, Pishevar criticized several investment-world aspects. He tied his first tweet’s predictions to increasing debt loads, rising interest rates and tax breaks that are almost never accompanied by curtailed spending. Pishevar also critiqued the bond market, managed-future funds, exchange-traded funds and risk-taking loopholes that could lead to a repeat of 2008’s Great Recession.

United Mistakes

Shervin Pishevar began his professional career as an early-stage tech-venture capitalist. He was a key player in Uber’s initial success, for example. For a decade, his inside knowledge of tech innovation has given him a consistent position that the United States mistakenly thinks Silicon Valley’s economy is headquarter within its borders.

“As I’ve said before,” he tweeted, “Silicon Valley is no longer a physical place but an idea that’s gone viral. Entrepreneurship is a movement.”

An Iranian American, Pishevar also dislikes current American immigration policy. He talked about the physical and cultural walls that the United States is building, which are inadvertently excluding talented immigrants, and he stated, “That talent doesn’t need to come here anymore.”

Infrastructure Gaps

Further, Shervin Pishevar shared a news story about an amazing accomplishment in China. In one January night, 1,500 workers built a train station! “Meanwhile,” lamented Pishevar, “our infrastructure is in tatters, decrepit and decaying. Our government and companies are trapped in short-term thinking.”

Centralized Tech Power

Pishevar also decried the long-established trend of major tech players buying up or pushing out startups. “Small acquisitions are silent assassinations,” he remarked.

Shervin Pishevar’s words have been lauded and derided. For a better footing throughout the 21st century, American leaders should likely heed his words.

https://www.crunchbase.com/person/shervin-pishevar

The banking career of Mike Baur, founder of Swiss Startup Factory

Mike Baur is one of the best startup mentors in the world today. He spends most of his time helping business become successful. His main focus has been in the digital businesses. He is the co-founder of the biggest independently owned startup firm known Swiss Startup Factory. Swiss Startup Factory was established in 2014 after Mike Baur left a well-paying job in the banking sector to start his own company. Mike Baur have had a long career in the banking sector that has seen him hold executive positions in various banks. His journey in the banking sector according to the Wall Street Journal started when he was only 16 years old.

 

 

Born in Freiburg, Switzerland, Mike Baur has a long tale of success all his life. For his education, he attended the University of Rochester and the Bern University. He studied business-related degrees. He is a holder of masters in business administration as well as executive masters in business administration. From his education, it is quite clear that Mike Baur is armed with the requisite knowledge needed for him to succeed in the business environment.

 

 

While he was 16, he joined one of the largest banks in the country known as Union Bank of Switzerland. His first position in the bank was that of an apprentice. With the education that he had, he needed to get his hands on real experience. After working in the bank for a short while, the managers realized that Mike Baur was not the ordinary employee of the bank. He possessed a lot of knowledge that would be very helpful to the bank. In order to have him for a long time, they offered him a life term plan that would see him work at UBS up to the point of retirement. The plan that he was given detailed all the steps of growth that he would be taken through in the bank hierarchy. Although this was the plan, Mike Baur would not see the end of his career in the bank. In 2008, he left the bank to join another bank in Zurich City. Mike had joined UBS in 1991.

 

 

After leaving the UBS he joined another private bank known as Clariden Leu. Due to his experience, he was given a senior executive position in the bank. After six years, not even his huge compensation in the bank would deter him from leaving the banking sector. In 2014, he left and started his own company known as Swiss Startup Factory together with his friend from Berne University, Max Meister.

 

Mike Baur’s Journey in Startup Investments

It takes a courageous man to shift from one career to another as many people usually fear failure and lack of experiences. Despite all that, meet Mike Baur who is a hero in the journey. Mike Baur is an entrepreneur, businessman and the co-founder of the Swiss Startup Factor, one of the private companies in Swiss. Mike moved from banking to start the Startup Company which its purpose is to change the norms of the traditional market and bring new products and business model which will interest the consumers.

Mike in conjunction with his two partners founded the company in 2014.The Company offers a three-month program that helps investors in services like financing, mentoring, coaching, access to entrepreneurial and investor networks and office space. According to Mike, the firm is called a factory because they aim at helping the youths to be hard working.

Mike is one of the co-founder and an executive in the Swiss Startup Factory. He graduated from the University of Rochester with a bachelor’s degree in MBA and also achieved an executive degree in MBA from the University of Berne. He began his career working with the Swiss banking for over 20 years where he was in the position of an executive member before quitting for investment business.

In 2014, Mike in cooperation of the two partners Max Meister and Oliver Walzer decided to start a Swiss Startup Factory. By January 2016, the Swiss Startup Company was in partnership with CTI and Mike was named the deputy managing director of the CTI invest. He has also played a great role in leading the company in its accelerator program with Goldback group. He is in charge of all the fundraising and financing of the Company since it is an independent Company.

Mike Baur is also a speaker on the investor panel at WORLDWEB FORUM and has been a good mentor to the youth entrepreneurs. He always supports Startup investments financially to ensure their success. The Wall Street Journal has also profiled Mike’s transition from the banking to entrepreneurs and later to investments business.

With all this achievements under his profile, Mike Baur is therefore an icon to many investors.

 

How David McDonald Has Guided OSI Group To Great Success

David McDonald joined OSI Group in late 1980s soon after graduating from university. After joining the company, he served at various capacities, moving up the corporate ladder until he ended up as the group’s President. McDonald’s work in all positions he served was fantastic, and his passion and commitment to OSI Group’s success led him being named the President and COO.

OSI Group’s President

As the President of the company, David McDonald is among the executives in responsible for strategic setting and operations. One of the things he has successfully implemented is to ensure there is a close coordination of operations between local and global teams. This is very critical for the company because it is able to sustain the global market trends while at the same time ensuring the local market needs are met. Mr. David McDonald OSI Group is optimistic that their market expansion plan will largely work in their favor. The strategy included acquisition of other food processing businesses and commencing new operations in various parts of the world.

Acquisition of Baho Food

About one year ago, the acquisition of Baho Food was finalized as part of OSI Group’s expansion plan into the European market. David McDonald acquisition was a major investment strategy because the two companies’ products would complement each other and hence their demand would increase in the market. This is one of the investment strategies initiated under the leadership of David McDonald. Also, under his leadership, OSI Group has operated a very successful business in China for more than two decades now. For instance, during 2008 Beijing Olympic Games, ISO Group supplied 113 tons of products including beef, chicken, pork, dehydrated onions and eggs.

David McDonald and other executives at OSI Group are behind its successful performance year after year. With such a great leadership team, OSI Group is expected to achieve better performance in the future. David is also serves on boards of Marfrig Global Foods S.A. and North America Meat Institute.

David McDonald is involved with Iowa State University Foundation, where he makes contributions to fund its charitable activities. David McDonald studied at Iowa State University and graduated with a BS in Animal Science.

Learn more about David McDonald: https://www.crunchbase.com/person/david-mcdonald-7#/entity.