Category Archives: Business Leader

Anthony Petrello might be your next door NABOR

The business world offers many traps for the unwary. Even when someone is prepared, they may find themselves at the whims of sudden shifts in the winds of fortune. After spending 22 years at NABOR, a company that provides support for drilling to natural gas wells, geothermal energy installations, and oil wells, Antony Petrello is well acquainted with many of these traps. Sometimes these sudden shifts of fortune come from a change in the economic climate, or they come from shareholder pressure. One such change is how executives should be paid. Petrello led and agreed a growing movement that shifted the way top executives at NABOR should be paid.

The controversy occurred several years after the Great Recession started. Many people felt the US bankers who helped cause the event should have been punished with jail time. Instead, they were rewarded with bonuses. The money to pay for these bonuses often came from the bailout funds. It sparked ire. Several years later, shareholders demanded that executive pay be tied to the performance of the company.

Petrello saw the writing on the wall. Anthony Petrello decided to lead the way in the pay structure change. Like any good leader, he decided to set the example. He let his contract be bought out so new executives could take over his role as chief executive officer at the company. After 22 years, he found it hard to leave entirely, and the company welcomed his further input. Anthony Petrello continues to serve on the board of directors. In the past he served as a director for the Texas Children’s Hospital and a committee member and a director for Steward and Diesel. For more info about us: http://fuelfix.com/blog/tag/anthony-petrello/ click here.

JMH Development’s Principal, Jason Halpern, Discusses About the Topping off at Aloft South Beach Hotel

Recently, JMH Development announced the topping off at Aloft South Beach Hotel. This means that the real estate development company is entering into the final stages of developing the newest hotel in the famous Miami Beach. The property will be one of the largest in the area. It will have 235 spacious rooms.

Jason Halpern: Real Estate Entrepreneur

According to Aloft South Beach project’s official documents, the property will be developed courtesy of a partnership between JMH Development and the Madden Real Estate Ventures. The new hotel is made up of two primary structures. The first building is the historic Motel Ankara, while the second project is a newly constructed eight-story structure. Motel Ankara will be renovated to give it a modern look. The adaptive reuse of the building will also ensure that it has up-to-date facilities that will seek to augment the clients’ experience.

Jason Halpern: with Production

The other firms involved in the project are Plaza Construction and ADD Inc. These corporations will cater for the construction works and the architectural design respectively. Jason believes that the experience of these enterprises in similar undertakings will facilitate completion of the project within set timelines. Aloft South Beach is the first new hotel to be constructed in the area since 2009. With over 360 square feet of room spaces, the facility has a competitive edge over its rivals. Jason is optimistic that the hotel will become the travelers’ choice in the beach.

Jason Halpern with his Mates

Jason is satisfied with the progress of the project. He notes that if everything goes as per the plan, the property will be opened early next year. The project adds into the long list of historic buildings that have been restored by JMH Properties. The investor is contended with the milestone that the company has achieved.

In addition to spacious rooms and modern facilities, clients of Aloft South Beach will enjoy the beautiful view of the surrounding environment. From the hotel, visitors will have access to Lake Pancoast through the Collins Canal, which is closer to the hotel. Moreover, the shores of Miami Beach are just one block from the property. Miami Beach Convention Center, the Bass Museum of Art, art galleries, and nightclubs are some of the establishments that are within the vicinity of the hotel.

Jason’s Family

Jason Halpern is a successful real estate developer and entrepreneur. Through his company, JMH Development, the businessman has engaged in the development of several real estate projects across the nation. He took over the leadership of the family business in 2010. In the last seven years, Jason has grown the company to become one of the largest real estate investors in the region. In New York alone, the company has over $500 million in real estate investments. The success of JMH Development is anchored on the transformative leadership of Jason Halpern

 

The Great Leadership of Scott Rocklage at 5AM Ventures

In 2003, Scott M. Rocklage joined 5AM Ventures as a Venture Partner before being promoted into a Managing Partner in 2004. Dr. Rocklage has more than 20 years of experience in healthcare management with key initiative responsibilities that have prompted to the fruitful endorsement of three US New Drug Applications by the FDA (Teslascan®, Omniscan™, and Cubicin®), and put six drug candidates to carry out clinical trials. Before, Dr. Rocklage served as the CEO and Chairman of Cubist Pharmaceuticals, CEO and President of Nycomed Salutar, Chairman, CEO and President of Nycomed Interventional and has additionally held different R&D positions at Catalytica and Salutar.

Presently, Dr. Rocklage serves the position of the Board Chairman at Semprus, Achaogen, & Relypsa and additionally on the Boards of Pulmatrix & Variation, WaveRx, and the Whitehead Institute Board of Associates. Also in the past, Dr. Rocklage filled the position of Executive Chairman of Ilypsa (taken by Amgen) and Miikana (taken by EntreMed). Dr. Rocklage got his B.S. in Chemistry from the University of California, Berkeley, while he pursued his Ph.D. in Chemistry from the Massachusetts Institute of Technology.

Dr. Rocklage after knowing the founders of 5AM for over 15 years, he expressed his eager to have joined with a proficient group of financial specialists and business people and he was anticipating in contributing his personal experience to the development of 5AM’s innovation portfolio and rousing biotechnology ventures. Dr. Rocklage is at present the Chairman of Cubist, which is a NASDAQ-listed organization, where he was the Director and Chief Executive Officer for a long time, from 1994 to 2003.

Beforehand he held different R&D positions at Salutar, Inc. besides serving in various research leadership activities at Catalytica, Inc. Dr. Rocklage has driven groups that have raised more than $500 million, including Cubist Pharmaceutical’s first public offering and numerous effective follow-on financings. Dr. Rocklage is likewise a director at Miikana Therapeutics and MDS Proteomics Inc and a member of board with BIO Emerging Company Section & Massachusetts Biotechnology Council and a member of affiliate’s board at the Whitehead Institute.

Dr. Rocklage is an innovator or co-designer of more than 30 U.S. licenses and has over 100 peer-reviewed publications. He is at present situated in the Boston, MA office. With his wide experience and expertise, Dr. Rocklage enabled 5AM Ventures to grow in different ways. The company was started in 2002 and makes seed & early-stage investments in cutting edge life science organizations. The company is spearheaded by Dr. Scott Rocklage among other veteran venture capitalists and successful industry executives; hence the 5AM group has taken a hands-on approach focused in developing the company. More so, the 5AM portfolio is differentiated among technological platforms, spinouts from built up biotechnology & pharmaceutical organizations, and organizations establishing near-term products. With over $200 million under administration while spearheaded by Dr. Rocklage, 5AM has put resources into more than 20 organizations during the last five years and is effectively investing 5AM Ventures II ($150 million fund).

 

Adam Milstein Improving Investment Strategies

Adam Milstein is a prosperous entrepreneur and a managing partner at Hager Pacific Properties. He attended Technion until 1978 and graduated. When he reached the US he attained an MBA from USC and directly started venturing into Commercial Real Estate. He is also a philanthropist. He mostly deals in the real estate investment business. He has transformed a lot of people lives through charity work at the society and also all over the world. Separately from dealing with the investment he has also contributed in the Yom Kippur War at IDF. He comes from the Israel and also the Jewish society.

Because of his tough principal and affection for the Jewish Culture, he converted to be a national Chairman and also the co-founder of the Israel-American Council. Adam Milstein together with his wife Gila Milstein started Sifriyat Pijama B’America, an association that is recognized to have better understanding writings of the Jewish Culture. The organization distributed their writing every month and they are transcribed in Hebrew.Adam Milstein is started as a dealer when he entered into real estate business. This made him prosper and which he later turned to be an investor in the business due to the expertise he had as a dealer. Adam Milstein being the managing partner at Hager Pacific Properties Company he exactly deals with real estate.

The company has really helped to numerous organization and upcoming investors in establishing their businesses. He accountable in finalizing his task entrepreneur due to him recognizing the amount of job real estate has.The company is completely faithful to their customers; they put their customers’ needs first before any other thing. Due to the problems the investment companies face such as supply and demand Adam Milstein ensures that he uses his expertise and understanding to solve the problem. He also drives and controls the products price. He likes assisting and supporting the society when he is not working.Adam Milstein also makes sure that he observes on what trends in the market in order to improve his expertise. Additionally he is certain in firmness and persistence are the vital principals of the business.