Bruce Levenson’s Contributions To The NBA And Washington DC Philanthropy

Bruce Levenson is both a sports enthusiast and a well-known philanthropist. He has a long career in business including his time as President and CEO of Unified Communications Group (UCG), and later his time as majority owner of the NBA’s Atlanta Hawks. He recently sold the Hawks to Tony Ressler and Company, a major deal worth $730 million, but in the aftermath he and several other Hawks owners became involved in a settlement regarding the termination of former General Manager Danny Ferry. Ferry had filed a claim with the Hawks former insurance company, AIG and Levenson and the rest of the Hawks owners decided to buyout Ferry’s contract. But AIG has not paid any compensation to Ferry that his attorneys say they are obligated to pay. Levenson and the other former owners are taking AIG to court.

Levenson founded UCG in 1977 along with Ed Peskowitz. The company began with Oil Express, a newsletter that Levenson and Peskowitz published out of their own apartment, and then grew to become a major industry media conglomerate. It is the parent company to the GasBuddy app as well technology marketing research firm TechTarget. Levenson is also on the Board of Directors of private equity and investment company BIA Digital Partners. Levenson first became an NBA owner in 2004 when he formed a coalition of owners at Atlanta Spirit, LLC and purchased the Hawks in addition to their arena and the NHL’s Atlanta Thrashers.

Bruce Levenson has started several non-profit groups and served as president for several including the University of Maryland’s Center for Philanthropy (http://www.prnewswire.com/news-releases/undergrads-and-graduate-students-mastering-philanthropy-300038081.html) and Non-Profit Leadership. He was also instrumental in establishing Hoop Dreams, a youth basketball tournament whose proceeds went to fund scholarship programs. He also is heavily involved at the Holocaust Memorial Musuem where he sponsors the “Bringing the Lessons Home” program.

For more info, visit brucelevenson.com.

 

Long Time Employee Gets New Role at the Capital Group

Tim Armour was recently appointed to serve as the chairperson and CEO of the Capital Group. The company has been rated as one of the world’s leading investment managers and the principal associate of American funds. The new position makes Mr. Timothy Armour the chairperson of Capital Group’s administration committee as well as the Capital Research and Management Company.

He will be working with the Rob Lovelace and Phil de Toledo, who are the presidents of Capital Research and Management Company and Capital Group respectively. As the chairperson of the company, Tim will coordinate with other committee members to ensure that the international objectives of the organization are fulfilled.

Mr. Timothy Armour took over the chairmanship of the enterprise after the death of Jim Rothenberg, who held the position. During a speech, Tim said that the staff of Capital mourns the death of Mr. Rothenberg who was a friend. According to him, the former chairperson was a competent leader who had the ability to make decisions that would benefit the long-term interests of the clients, stakeholders, and partners. Capital has a record of depending on the collective talent of its associates to achieve its mission and also offer long-term investment benefits to the customers and shareholders. The firm has more than 7600 associates who have teamed up with its management committee to continue its 84 years legacy of providing excellent services and obligations to the consultants and stakeholders.

Timothy Armour has been serving the Capital Group for more than 33 years, and this has enabled him to gain sufficient experience. His first job at Capital was serving as part of its Associate program. He worked at the firm as an equity investment analyst and dealt with international telecommunication and U.S service businesses. Armour studied at the Middlebury College, and he graduated with a bachelor’s degree in economics. His office is currently based in Los Angeles.

Capital Group teamed up with Samsung Asset Management to develop a strategic collaboration that will enable them to work together in creating asset management products to be used in the Korean Market. The two companies will be coordinating to develop a retirement and property distribution solution. The partnership will also enhance the active investment potential of SAM. The agreement will enable the Capital Group to assist its Korean associate to know more about the Capital-style active management and also gain information on various fields such as customer and business management.

Source: https://www.bloomberg.com/news/articles/2015-07-28/capital-group-names-armour-chairman-to-succeed-james-rothenberg

Bruce Levenson Seeks An End To Hawks Danny Ferry Era

The change in ownership of the Atlanta Hawks that took place in 2014 still has aspects hanging over the heads of the former ownership of the historic NBA franchise. Bruce Levenson, the head of the former ownership group Atlanta Hawks Basketball & Entertainment LLC is now looking to tie up all the loose ends of his successful decade in charge of the franchise, including the final details of the payoff provided to former general manager Danny Ferry.

According to Forbes.com, with most changes in ownership the Tony Ressler led consortium who purchased the Hawks from Levenson’s group wanted to bring in their own staff to lead the franchise after their purchase; Levenson and his fellow owners reached an agreement with Ferry to end his six year contract as general manager two days before the final sale was announced. Levenson believes an insurance policy protecting the Hawks ownership from claims for unfair or constructive dismissal should have allowed a claim to be made that limited their losses over the deal made with Ferry; however, insurance giant AIG has so far refused to make a payment of the policy and prompted a legal claim made in New Hampshire by the former owners of the Hawks.

Bruce Levenson made a success of his ownership of the Hawks, which he has done with every business move he has made since the establishment of the United Communications Group with business partner Ed Peskowitz in 1977. Working as a journalist in 1977 Levenson and Peskowitz began producing news letters for the oil industry that have now morphed into one of the most successful real time analytics groups in the world. Levenson has done much for the communities he works and lives within, including helping to establish the U.S. Holocaust Museum in Washington D.C. that aims to keep the memories of the World War II genocide alive in the 21st century.

https://en.wikipedia.org/wiki/Bruce_Levenson

 

Kheradpir’s Rise to Coriant

 

Optical transport vendor giant, Coriant, has recently named Shaygan Kheradpir as its new CEO and Chairman of the Board. He has recently come off a short tenure as CEO of Juniper Network Inc. He will be replacing Pat DiPietro as CEO of Coriant who will be taking on the role of company vice president and resuming his former role as acting partner of Marlin Equity Partners, Coriant’s owning company. The management of Marlin were already personally familiar with Kheradpir’s leadership style, having hired him to their senior management team shortly after he left Juniper.

Incidentally, he held the acting partner role and would just do a position switch with DiPietro when he took over as CEO. But Kheradpir has a lot more leadership than just with Juniper and Marlin. He has over 28 years of it in a variety of different industries. He began his leadership career by earning a B.A., M.A., and Ph.D. in engineering from Cornell. He entered the professional world of leadership with a position at GTE. His greatest success may be leading GTE’s creation, the new Verizon Communications, to be one the leading telecommunications companies in history.

After founding the company, GTE made Kheradpir its EVP & CIO and part of its executive team. After several immensely successful years with them, he joined the executive team at Barclays Bank. At Barclays he was made Chief Operation and Technology Officer and a part of the executive team. His greatest accomplishment while with Barclays was assisting with the formation of the historical TRANSFORM program. During his short stay with Juniper in 2014, he developed an Integrated Operating Plan for the company.
Girded with his vast leadership experience, the management of Marlin and Coriant are very optimistic that he will be able to drive the already high growth even higher. And their hopes will probably be proven valid. Coriant has a number of very powerful competitors. Kheradpir will helm the ship as they battle them. In addition to his professional work, Kheradpir also sits on the boards of the U.S. National Institute of Standards & Technology and the Cornell University Engineering Council.

Read http://www.lightreading.com/optical/packet-optical/kheradpirs-coriant-comeback/a/d-id/718548 for more information.

 

U.S Money Reserve’s Significance in the Trading of Precious Metal

The U.S Money Reserve is an approved company that is specialized in the supply of gold, platinum and silver products that are distributed by the United States government. The company runs its activities from its headquarters in Austin, Texas and it is depended on by thousands of clients in America and beyond. Learn more about Marc Sparks: https://www.crunchbase.com/organization/u-s-money-reserve and https://www.ispot.tv/brands/Iyt/us-money-reserve

It was created in 2001 and ever since close to 300,000 individuals have benefited from its services of distributing their wealth to precious metals. The firm has employed specialists in coin research and numismatics, who have sufficient market information that helps the company in making decisions that are vital to determining the best products that can give the highest profits to the sellers and buyers of gold at different levels.

The U.S Money Reserve’s website indicates that it is highly concerned with the quality of customer service that it offers. The company is keen on building robust and trustworthy with its relationships.

Corporate Social Responsibility is considered vital by the company and therefore, it gives back to the community and recently helped in raising three thousand dollars for the Austin Police Department to support its Operation Santa Blue. Read more: US Money Reserve | about.me

The company’s President, Philip Diehl, was recently interviewed by Eric Dye on the Entrepreneurial Podcast Network’s Enterprise Radio. Mr. Dye hosts an entrepreneurship show that offers a platform to business persons to exchange business ideas, knowledge, experience, latest inventions, services, and products.

Mr. Diehl has been to many media stations for interviews, and he has informed the public on different issues such as his experience in business management, the kind of customer service that the U.S Money Reserve offers, and predictions on the gold industry.

Mr. Diehl is a former director of the U.S Mint. The PR Newswire posted an article which indicates that the U.S Mint considers Philip as one of the highly accomplished leaders that have ever served the company.

He is recognized for his achievements which include helping the business in making the first U.S government issued platinum coin and supervising the Fifty States Quarter projects.

Philip Diehl has been thriving to ensure the U.S Money Reserve offers on of the best customer service in the sector that has helped in making the company a leader in the distribution of U.S government issued precious metals. Read more: Buy Gold, Silver, and Platinum and Why Buy Gold

The company recently developed an IRA program that is self-directed that makes it possible for the public to own gold as a way of securing wealth and making profits when the price of gold rises.

The Merger Of Two Great IT Staffing Companies Builds Greater

After Inc. Magazine had awarded Info Technologies with the 8th rank in a list of 500 of the fastest growing American companies, John Goullet knew he had a big hit with the company he founded. By 2010, his company had grown into a $30 million thriving business. At about the same time, Gene Waddy had taken the company he founded, DIVERSANT Inc., to new heights as well. Both companies were minority owned IT staffing companies in 2010 when they got together and decided to join forces. Goullet’s 22 years in the executive seat of his own company, together with Waddy’s many years of experience with his own company, add up to a powerful newly combined company: DIVERSANT LLC.

Most of their client companies are part of the Fortune 500. They are quite happy with DIVERSANT LLC’s ability to quickly and accurately find the perfect candidates for their IT department openings. One of the great strategies at the combined search firm is to help improve potential candidates’ skill sets, rather than simply quickly dismissing someone with some minor weak areas. If training is needed, DIVERSANT makes sure the candidate gets it. They are doing a lot of heavy lifting in helping their candidates hit the targets required to achieve high level IT department jobs. These efforts also help their candidates feel fulfilled and motivated.

Goullet is the principle CEO at the company. His professional expertise is most adept when he is helping candidates who are people of color, as he is, achieve their career goals. He is quite tech savvy and up on all the latest cloud and fault-tolerant networking technologies and the manufacturers and suppliers of same.

The two partners, Goullet and Waddy, are very experienced in both business and with the position requirements of high technology. Nevertheless, they submit to mentorship by very seasoned executives that serve on their Board of Advisors. Their mentors lend a guiding hand and eye to help perfect DIVERSANT LLC’s operations. The advice of this group is invaluable in helping the company stay ahead of the game in both computer and networking technology trends, and in the world of service businesses.

Additional Links:

http://bcexploration.com/index.php/2016/04/28/a-visionary-entrepreneur-who-made-30-million-within-five-years-john-goullet/

The Life and Legacy of Stephen Murray

Co-founder of CCMP and well known philanthropist, Stephen Murray was educated at Boston College and graduated in 1984 with a degree in economics. He went on to earn a master’s degree from Columbia Business School, specializing in business administration. The knowledge he acquired at these institutions on blogs.wsj.com would serve him in his professional endeavors later in life.

While still studying at Boston College, Stephen Murray CCMP Capital began training as a credit analyst at Manufacturers Hanover Corporation, where he began working in 1989, as part of their equity and finance unit, MH Equity Corporation. When this company eventually merged with Chemical and later Chase Bank, Stephen Murray CCMP Capital stayed on board until 2005. At this point, Murray became the head of the buyout business at JP Morgan Partners.

JP Morgan allowed Murray to start his own company, CCMP Capital. It is a spinoff of JP Morgan on fortune.com that combines the two areas Murray worked most often in: equity and buyout. Created in August 2006, and in 2007 Murray was named CEO.

In addition to serving on the board for CCMP, Stephen Murray CCMP Capital served for various companies on the executive boards. Additionally, Murray was an active philanthropist. Murray gave generously to his alma maters, Boston College and Columbia Business School, as well as the Make a Wish Foundation, Stamford Museum, and food banks.

In 2015, Stephen Murray CCMP Capital retired for health reasons, and eventually passed away in March of the same year. His death was the result of an illness. He is survived by his wife and four children, and remembered fondly for his business acumen by his former partners. Among his notable achievements were raising over $3.6 billion in revenue for CCMP in 2014.

Why Kyle Bass Is Suspicious

It’s not just that his last name could be confused with a fish; Bass’ fishiness goes much deeper. The man is from Argentina, a country run by Cristina Fernandez de Kirchner, a socialist despot that has defaulted her own homeland twice in thirteen years. Bass supports everything she does politically or financially, even though her leadership is so terrible there are going to be multiple choice tests about it for children of the future in history class. Yet Bass supports her. Would one expect someone supporting such a terrible socialist regime to live in Texas? No–not unless that individual were in some way using Texas as a front, or a cover. This seems to be the case with Bass, who runs his hedge fund out of Dallas. Bass also runs CAD, the Coalition for Affordable Drugs. CAD uses political pressure from a special-interest group to force big-ticket pharmaceuticals into devaluing the cost of their medications, thus decimating their profits and stock value. Bass short-sells his holdings with whichever pharmaceutical organization he’s attacked the moment their stock drops and makes millions in the process. Who is ultimately hurt by this? The sick and the infirm who were just months away from a breakthrough cure, and now will have to wait another decade while the pharmaceutical who could have produced it gets their legs under them again.  The whole thing was exposed in detail in Kyle Bass: The Frantic Investments of a Desperate Gambler.

Kyle Bass doesn’t care, though. He hit the ground running in 2008. He became famous for predicting the sub-prime lending crisis would lead to financial collapse, but there’s a very high likelihood he was one of the reasons the collapse happened the way it did. Kyle Bass’ former employer was Bear-Stearns. After he was no longer working with Bear-Stearns, he let a journalist at CSPAN know information about friction between Bear-Stearns and Goldman-Sachs, prompting that journalist to ask a leading question on the air intimating that Goldman-Sachs had lost their confidence in Bear-Stearns. This wasn’t the case, but the report was live and everyone on Wall Street acts quickly, or they don’t act. Bear-Stearns collapsed by the end of the week and was absorbed by Goldman-Sachs.

All these things are incredibly suspicious–in a word, they’re fishy–and seem to indicate Bass has ulterior motives informing his financial decisions.

Talk Fusion Offers Quality Technology To Businesses Large And Small

Talk Fusion is the leader in cutting edge video technology that helps users around the world through video technology. The company has always had a vision of doing it bigger and better than its competitors. The introduction of video email services in 2007, helped elevate the company’s platform along with other video and marketing solutions. According to Forbes Magazine, Talk Fusion’s products are simple but at the same time, the video email has a certain wow factor.

The genius behind Talk fusion is marketing entrepreneur Bob Reina. After several years in law enforcement, Reina decided to do something new. After being introduced to network marketing in the early 90s, Reina decided to go out on a limb and leave behind a steady paycheck. He hired several technology experts, and not long after, Talk Fusion was born. “Many people called me crazy for jumping into the unknown,” says Reina. I wanted to prove what I was told couldn’t be done could be done.

His big idea of putting a 10 second video into email was something he was determined to do. After the idea was conceived and perfected, the rest is history. Reina is now considered a pioneer in the industry and well respected for his contributions in the field.

Talk Fusion’s technology is forcing small businesses to change their operational style. “Video technology like Talk Fusion’s definitely helps attract more attention,” says David Kale of Kale Designs.

Marc Sparks Offers Tips for Success to New Entrepreneurs

Marc Sparks is a successful businessman and a well-known venture capitalist. He currently lives in Dallas, Texas. His claim to fame is that he has been very successful raising money, from investors, for several business projects.

He started and runs Timber Creek Capital in Texas. He has been successful working with on projects in a number of different industries. Marc would like to share his expertise and experience with other people looking to finance business projects.

Marc Sparks believes in sharing his success with those in his community. He supports many charities around the Dallas, Texas area. He supports local homeless shelters, Habitat for Humanity, and several local high schools in his community.

In addition to helping those in his area who are less fortunate, Marc is interested in helping entrepreneurs get the financial backing for their projects. He believes that one of the major mistakes new entrepreneurs make is that they don’t have a plan. Investors want to know what they’re investing in and how they’re going to make money from the project.

In his Twitter page, Marc believes that coming up with a meaningful presentation that is to the point is the key to success in selling a business idea to venture capitalists. He stresses that every visual must have a key point. It is important not to waste the investors time. Get to the point quickly. Use your data to make a legitimate point of how your product or idea is going to generate revenue.

He recommends that you keep your presentation simple and on target. Don’t make things too complex.  Sell your product to the investors. Following these guidelines will greatly increase your chances of a positive outcome.

Read more at https://www.facebook.com/marc.sparks1