As a little boy, Sheldon Lavin had always envisioned his life as owning something. Sheldon wanted to be an entrepreneur, but he was not sure of how to go about it. Lavin kept his dreams to himself without sharing them with anyone. After graduating from the university, Sheldon Lavin received several job offers which he accepted based on his target. Lavin wanted to gain experience of how the markets work in order to have a practice of his own. After a few years of work, Sheldon Lavin set his entrepreneurial journey.
The involvement in the Otto and Sons Company
In 1970, Sheldon Lavin got involved in the Otto and Sons Company. By this time, the company was struggling to establish itself and take control of the Illinois meat market. After receiving an offer to supply meat and other products to the McDonalds, Otto and Sons did not have sufficient money to take the deal. Sheldon Lavin came to the rescue of the family when he decided to invest in the company. Otto and Sons Company became successful in supplying the meat products to the company, and this success registered their satisfaction.
The expression of dissatisfaction by Lavin
Being an investor, Sheldon Lavin was not satisfied with how the operations of the company were held. He expressed his dissatisfaction, but the family seemed to be complacent with the current achievement. In order to stop his complaints, Sheldon gave the Otto family an offer that they could not refuse. Lavin decided to buy the company after a few years, and the deal was successful. After its purchase, Lavin realized that he was in control of the company operations. Sheldon’s dreams of becoming an entrepreneur finally became true. As the CEO and the President of Otto and Sons Company, Lavin first decided to change the name to OSI GROUP. The change created a better environment for the improvement of its services and o create a new company brand.
Expansion and success
In as much as the Otto and Sons Company was started in 1909, the operations were limited to Illinois in Chicago. The company did not have plans to compete internationally or to create a global brand. The OSI GROUP, under the leadership of Sheldon Lavin, had a different view of the operation. With the experience and educational qualification, Sheldon Lavin has made the OSI GROUP the best in the country and among the most competitive in the globe.
Products that can be obtained from crude oil are very important as they help to sustain the successful operation of machinery equipment. Nabors Industries is an international company that fully specializes in the drilling of natural gas and oil. The headquarters of the organization are in Canada, and it explores oil in potential geographical areas such as Africa and the Middle East.
Nabors Industries was initially known as Anglo Energy when it was established. However, the organization has gone through various managerial changes until now that it is under the guidance of Anthony G. Petrello who acts as President, Managing Director, and Chairman of the Board of Governors. Currently, he is 62 years old and has extensive knowledge in as far as effective organization operation methods are concerned. He rose through the ranks at the company due to his hard work and the aptness that he displays in his duties. He was initially the Assistant Chairman of Nabors from 2003 to 2012 before taking up the full leadership.
Tony is a graduate of Harvard and Yale University where he acquired a J.D and M.S degree respectively. He has worked for Baker & McKenzie and Stewart & Stevenson law firms where he was involved in managerial activities. He has also worked at MediaOnDemand.com as the chief director.
The various engagements of Mr. G Petrello have ensured that he is rewarded highly since Tony Petrello earned approximately $27, 512, 939 in the financial year 2015. His wealth records are rising by the day as he continues to engage himself with many other organizations, and in the spirit of giving back to the community, he donated a whopping $5 million for medical research. He serves as the manager at Texas Hospital, which deals with the treatment of children.
He is married to Cynthia Petrello and they are blessed with Carena Petrello who is 8 years old. Carena was born prematurely, which made her acquire Periventricular Leukomalacia, a condition can easily develop into cerebral palsy. Her father has donated a huge amount of money to advance the research associated with the condition.
Anthony Petrello has many roles at Nabors Industries. Besides being the board chairman, he is also the President and CEO. Nabors Industries is an oil and gas drilling and exploration company based in Hamilton, Bermuda. The company employs approximately 29,000 people. Anthony Petrello succeeded Eugene M. Isenberg in whose honor the University of Massachusets Amherst, Isenberg School of Business is named. Nabors Industries is involved in many philanthropic activities.The company supports the Komen Race for the Cure a breast cancer charity that works to provides education on breast cancer and raises money to help in fighting the disease. In 2012 Nabors Industries donated $20,000 becoming a Silver Sponsor. Nabors Industries also supports the National Multiple Sclerosis Society, United Way through a yearly pledging by its employees. It is involved in many other charitable courses including mentorship programs in Partnership with Aldine Independent School District.
Mr. Petrelo is has held the positions of Director and Member of the Executive Committee at Stewart & Stevenson, LLC, he has chaired the board at Nabors Industries since the year 2012, was the Director at MediaOnDemand.com and is a director at the Texas Children’s Hospital. The Texas Children’s Hospital is a not-for-profit Pediatric hospital founded in 1954. Anthony Petrello and his wife have made generous donations to the hospital to help in research to find cures for conditions such as Cerebral Palsy.Their interest is born of their experience with their 8year old daughter Carena. Carena was born prematurely at 24 weeks weighing 20 ounces. She was born with a neurological illness that is common in premature babies brought about by a lack of oxygen or blood flow to the brain. This results in cerebral palsy, delayed development and impairment of motor skills. At 8years Carena is working on talking and walking and her parents celebrate her every victory praising her strength and determination.
About Anthony Petrello
Anthony Petrello attended the Yale University where he earned his Bachelor of Science degree and Master of Science degree from the Yale University. He got his J.D degree from the Harvard Law School. Mr. Petrello started his career in 1979 joining the Law Firm Baker & McKenzie and stayed with them till 1991. In 1991 he joined Nabors Industries as Chief Operations Officer.
Starting a business is not as easy as having a brilliant idea. The number of businesses that never saw the light of day despite their brilliance are very many, if anything, triple the number of current businesses we have. In order to successfully start up a business, financial resources and good mentorship are two essential things that you need to have. After working in the banking sector for more than twenty years, entrepreneur and businessman, Mike Baur, hung his boots and started the Swiss Startup Factory to help nurture startups.
Swiss Startup Factory is a Swedish accelerator company founded in 2014 by Mike Baur and his two cofounders Max Meister and Oliver Walzer. The primary objective of the company is to provide young startup companies a thriving environment to do business. Swiss Startup Factory runs a three-month based program that provides startups with among other things, funding for their activities, office location at a strategic point in Zurich, coaching, entrepreneurial networks for their commodities, and mentorship. After the vigorous three months incubation period, a startup can support itself, and the Swiss Startup Factory releases it for a certain percent stake.
Mike Baur is quite instrumental in the success line up of Swiss Startup Factory. The businessperson is well educated, having graduated from Bern University and the New York Rochester University. Immediately after graduation, Mike started his career as a banker in the Swiss banking sector with his initial assignment as a commercial USB trainee before rising the ranks to become an administrative board associate. With the active experience in the banking industry, Baur brings valuable financial skills to the table thus helping startups to get funded and manage their resources well.
In addition to Mike’s passion for helping startups grow their business, his exemplary leadership skills are quite beneficial to the firm. Through his leadership, the Swiss Startup Factory has been able to form lasting mergers. For example, Mike helped the Swedish company combine forces with CTI Invest, a company that offers financial services to innovative and new startups. Additionally, through his leadership, the company has been able to join hands with Fusion to support startups in 2016.
Starting businesses are not easy to manage, but thanks to Swiss Startup Factory and the leadership of Mike Baur things are changing for the better. Check out for these two big names and see your startup business excel in the market.
Cotemar Mexico is a Mexican company that provides services for the oil and gas industry. The Cotemar Company has been in operation for nearly 40 years. Among the services that Cotemar provides is the development of oil fields offshore, the maintenance and construction of duty from the likes of catering, accommodation, maritime support operations, supplies according to specific requirements and transport of personnel. The biggest and most loyal client of Cotemar is Petroleos Mexicanos or Pemex.
Over the many years of business, Cotemar has constantly been striving towards higher efficiency and has been developing new and better ways to service the gas and oil industry. There have been some very useful integrations of the newest technology, and the number of employees is steadily growing. Cotemar has highly skilled employees at their disposal that are capable of providing very high professional performance. Cotemar provides their services through three strategic lines for a large number of market segments such as Maintenance, Construction, Accommodation and Catering, Modernization, and Specialized Vessel and Maritime Support.
The Cotemar Company was established in early 1979 and has been working for almost 40 years. At first, Cotemar serviced the energy sector, but today it is a leading giant provider for the oil and gas industry. When it was first established forty years ago, Cotemar serviced with Accommodation and catering. In 1981, the company started providing transport of materials and personnel, and in 1985 it began to provide catering as it acquired its first rig. Coterma expanded significantly in 1988 and began to offer almost all of the services it provides today on five rigs and three specialized vessels at the same time. The year 2002 was a landmark for the Cotemar Company because they acquired its first Hibernia which became a pride and joy for the leading giant. In 2012, Cotemar experienced another spurt in growth and to the fleet was added the services of specialized crane and maintenance vessels that were able to transport both liquid and solid materials. In 2013 Cotemar expanded their geographical reach and began construction on Atlantis. Two years later there was another expansion for Cotemar, and they decided to venture into the onshore upstream sector.Last year, 2016, the subsidiary of Cotemar – Servicios a la Industria Petrolera Lifting de Mexico – was awarded Cuichapa Poniente area contract.
The Cotemar company has been experiencing rapid growth ever since if was founded back in 1979. It has become internationally known for its services and continues to grow today.