Luiz Carlos Trabuco Will Assume Another Top Leadership Position at Bradesco Following His Appointment To The Position of Chairman

Luiz Carlos Trabuco’s standing as one of the finest bankers in recent years in Brazil was confirmed by a recent announcement that he would be taking over as the chairman of Bradesco’s board. He took over the position from an equally legendary Brazilian banker, Lazaro Brandao. Having been in the banking industry for close to eight decades, Lazaro Brandao saw it fit to call an end to his illustrious career in October 2017.

The decision to have Luiz Carlos Trabuco take over as the next chairman was largely unchallenged as he has for the last few years served as Lazaro Brandao’s deputy on the board as well as the president of the bank. However, with Trabuco now confirmed as the chairman of the board, the position of bank president has once again become vacant. While there is little doubt that taking the reins at such a huge bank could be somewhat intimidating for the incoming president, he/she will take heart in the fact that Luiz Carlos Trabuco will be there to offer guidance.

Read more on g1.globo.com

Bradesco is one of the largest financial institutions in Latin America. The $400-billion company has since 2008 been the second largest private lender in Brazil, having previously been the largest one for more than five decades. The bank has a number of subsidiaries working in the key segments of the financial sector with the most prominent ones being Bradesco Seguros and Bradesco Vida e Previdencia. Given the size and the complexity of operations at Bradesco, the bank typically prefers to select presidents from among the senior executives that have been at the bank for a long time. This ensures that whoever is selected to take over in the position is entirely green as he/she at least has a competent understanding of the bank’s culture. This strategy has been followed when appointing each of the bank’s last three presidents and is again expected to be followed during the current succession process.

Some of the names being touted to become the next president are quite encouraging. Among these names is Mauricio Minas, who currently serves as the chief overseer of technology at the bank. Fellow vice president and chief risk officer, Alexander Gluher is also seen as a key contender. Current Bradesco Seguros president, Octavio Lazari is also hoping to follow the same journey to the top as Luiz Carlos Trabuco did. Lastly, retail banking expert, Jose Pancini is also seen as having a strong chance. All of these top candidates are currently vice presidents and have been with the bank for more than two decades.

The new president at Bradesco will not be selected for another four months. The appointment is expected to be done 30 days before the shareholders meeting set for March 2018. Until then, therefore, Luiz Carlos Trabuco will continue serving in his current capacity as president of the Brazilian lender. He will at the same time also fully assume the responsibilities of board chairman, thus following in the footsteps of his mentor, Lazaro Brandao who also concurrently held both positions for a few years.

The incoming president will find the most accommodating business climate in recent years as the Brazilian economy continues to recover following the worst recession in the South American nation in a century. The challenging economic climate had forced most banks in the country, including Bradesco to lower their interest rates according to economia.estadao.com.br. While such moves ensured Bradesco’s continued survival, they also placed significant pressure on its margins. Hopefully, in the coming months, however, the incoming manager will be able to boost the bank’s profitability significantly.

Search more about Luiz Carlos Trabuco: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

Scott Rocklage Is Master Of His Craft

Scott Rocklage has made a name for himself in the corporate world. Scott Rocklage attributes the success he has recorded to the firm foundation that MIT gave him. Scott went through MIT College and learned how to be a professional in the field of chemistry. MIT also shaped the professor’s interpersonal skills. At the moment Scott Rocklage is a managing partner at 5 AM Ventures. He credits his success to MIT and his wife who’s stood by her side all the while he was trying to jumpstart his career.

Scott Rocklage became a top honcho at 5 AM Ventures after a few months of joining the company. His rich background in chemistry and the healthcare sector made him one of the most important individuals in the business. Scott Rocklage also boasts of vast experience in management that spans over a period of thirty years.

 

Dr. Rocklage’s stewardship at 5 AM Ventures has seen the company fast-track the development and authorization of various drugs such as Teslascan, Cubicin, and Omniscan. Such milestones have defined the business leader as a goal-oriented individual who never stops until he has achieved his set goals. Learn more: https://www.linkedin.com/in/scott-rocklage-66aa7a12a

Scott Rocklage gathered his experience in management and pharmaceuticals development from the number of companies he steered before joining 5 AM Ventures. He was the CEO of Cubist Pharmaceuticals and later served as the Chief Executive Officer and President of Nycomed Salutat.

 

At the company called Salutat, Scott Rocklage held different roles in the departments of research and drug development. Scott has a history of working with the boards of various firms such as Epirus and Pulmatrix. The success of Dr. Scott can be attributed to his background in chemistry. His qualification from Massachusetts Institute of Technology has edified his career and professional outlook.

 

Scott Rocklage has been recognized by various bodies for his outstanding performance in the field of healthcare. He has achieved all these feats by getting the work done. What Scott Rocklage has contributed to the medical fraternity can never be gainsaid. Scott Rocklage is described by his closest friends as a hands-on manager who never stops until the work is done.

How Fabletics is Able to Compete with Amazon

Starting a business in the Fashion industry is proving to be a challenging venture, given the way Amazon has managed to capture and control over 30% of the industrial market. 70% might sound like a huge room for a company to grow, but given the level of competition from well-established brands and other new and emerging brand, that number seems insignificant.

That has not been the case for Fabletics. The brand which was founded three years ago has managed to take the market aggressively. The brand has grown to a $250 million business in that short period. This growth has been influenced by their business model that has proven to be effective. With the growing market demand and significant movement of ‘activewear,’ Fabletics have found the subscription-based model of operations to be paying off.

Unlike before where the value of the brand was determined by high prices and good quality, recent changes in the economy have rendered these determinants unreliable. Customer experience and preference, as well as brand recognition, are the primary drivers in determining the value of a brand.

In just three years, Fabletics has managed to open sixteen physical stores and are planning to open more across the U.S. Many business experts have questioned the reason behind this sudden growth. General Manager of Fabletics, Gregg Throgmartin opened up about a secret and some of the business models that have allowed Fabletics to thrive.

He credits the ‘Membership’ model as the leading growth influence, as Fabletics can deliver personalized choices at a reduced price compared to their competitors. He stresses that, by allowing users to ‘define’ themselves, it makes it easier to deliver services that are specifically tailored to fit them.

On matters relating to physical store’s success, he pointed out three main strategies that the brand has adopted;

  1. Introduction of ‘reverse showrooms

Unlike other businesses who record massive losses by using showrooms, where consumers browse offline and end up making purchases elsewhere for a lower price, Fabletics have managed to reverse the process. He explained that nearly 30%-50% of all clients who enter these stores are already members. The stores are also able to convert another 25% into members. Once a customer purchases something on the retail store, it reflects on their shopping cart online.

  1. Using Customer Data

The use of data from users has helped them stock the stores with products that are appealing to the client. This information is acquired by using data from the clients’ social media sentiments, local members’ preferences as well as real-time sales activity.

 

  1. Focus on the Clients and Culture

Fabletics understands that by being focused on the customers and determining their needs and identifying a change in culture can have a positive impact on the growth of the business. According to Corporate Marketing Officer Shawn Gold of TechStyle Fashion Group, (parent company of Fabletics), he attributes the growth to having a quality product at a great price and cooperation of everyone in the brand.

Fabletics have received quite a positive response from the market. Most of the clients have registered satisfaction and above satisfaction for the products and services. Some of the areas that recorded high satisfaction rates include the quality, price, and style.

Many people also were impressed with the survey that you have to take regarding your workout preferences. The information you submit is used to recommend the products that might suit you.

Weekend #workout plan inspired by @gingerressler's high-power moves ????

A video posted by @fabletics on

JEREMY GOLDSTEIN: OFFERING EMPLOYEE A BETTER COMPENSATION PLAN

In an article, Jeremy Goldstein describes the knockout options, which could help employees. Companies have been avoiding giving employees stock options. These companies considered stock options insecure and characterized with other disadvantages. Nevertheless, companies can still provide stocks under other forms of compensation. It is convenient for wages, equities or insurance covers.These options will increase personal earnings, especially if the value of shares increases. When employees become shareholders in such a way, they work hard. Employees will increase performance and take initiatives. They understand that if the company excels, it will bring good earning for them.

 

The stock options have similar vesting prerequisites and time limits. The ‘knockout’ idea is meant to eliminate other alternatives and remain with the most suitable option. It means that if shares’ value falls below a certain amount, they need to be removed. However, an employer should not eliminate stock because it is low for a few hours or days. A knockout should happen after a week or more of little value.

 

The knockout method reduces costs of accounting. If a stock is volatile, the company will know in a short period. As a result, no initial accounting costs will be incurred. It decreases insecurities of ownership shares shrinking. The knockout method protects employees from falling shares below the threshold. It will be clear to them that more earnings will come if the shares increase value. On the other hand, employees will lose if shares lose value.It is essential for companies and their employees to know that knockout method does not resolve all problems. It only addresses most of them. Auditors need to advise their companies about any impacts of these options.

 

Jeremy Goldstein

 

Jeremy Goldstein is a corporate lawyer by profession. He owns a boutique law firm mainly dealing with employee compensation. Before he began his organization, Jeremy Goldstein acquired some experience from Wachtell, Lipton, Rosen & Katz. His hard work earned him a partnership and rich experience. It is how Goldstein gained the confidence to start his firm.

 

Goldstein law degree is from New York University School of Law. He later graduated from the University of Chicago with an M.S. The past ten years have been significant for Goldstein. He has significantly advanced in his career. Presently, Jeremy Goldstein is the chairman of Mergers and Subcommittee. Goldstein is part of the New York’s Journal of Law and Business. He has authored works about executive compensation. Jeremy Goldstein’s aim is to continue influencing businesses and the society.

 

To learn more, please visit http://officialjeremygoldstein.com/.

Kate Hudson’s Fabletics Positioned to Battle Amazon

The reason that so many clothing companies are unable to make serious money is because there are thousands of them all fighting for the same customer. To make matters worse, you have Amazon sitting at the top of the fashion e-commerce market making 20 percent of all the sales each year. Even with all that competition, Kate Hudson’s Fabletics has appeared to break out of that pack and is making a serious charge for Amazon. In a little under three years, Kate Hudson’s Fabletics has already sold over $250 million of their unique women’s apparel.

 

To get a better understanding what caused the rise is sales in such a short time, we ask Hudson directly to talk about her athleisure brand. Hudson will tell you that the success is in direct relation to the reverse showrooming sales technique and the abundance of membership perks she offers her customers. Take a drive to the malls and look what is really happening inside any of the Fabletics retail stores. Here you will discover a unique shopping experience unlike other clothing shops. There are women taking the Fabletics lifestyle quiz, trying on all the workout apparel, and browsing racks for new releases of active-wear too.

 

To be able to compete with Amazon, you have to set yourself apart in this competitive fashion e-commerce market. That is exactly what Kate Hudson’s Fabletics is doing. Each time a loyal customer is trying on clothing at the retail store, it will be uploaded to their online account. What this means is the next time that they log into the Fabletics store, all those pieces are in the e-cart so they can simply continue shopping exactly where they left off. Since you know how the pieces or workout apparel fit, you are not going to be hesitant to buy online because of sizing issues.

 

Kate Hudson’s Fabletics rewards their customers with free shipping of the online orders, discounts on active-wear in the mall store and online, and you even get your own personal shopping assistant. Your assistant reviews the quiz answers, picks a piece of workout apparel they think you will like, adds it to your cat, then once a month you decide if you like it. These are just a few of the reasons that Kate Hudson’s Fabletics has positioned themselves in a great spot to be able to take it to Amazon and try to compete with them on a higher level.

Sawyer Howitt: Young And Successful

Sawyer Howitt is an entrepreneur who has great advice for millennials that aim to pursue their own business ventures. In an article by Norcal.News, Howitt reveals some of the most lucrative industries for millennial entrepreneurs that are capable of thinking outside of the box and honing in on their skills.

According to Sawyer Howitt some of the fastest growing industries for millennials include relaxation beverages, corporate wellness, gourmet street vending, social network game development, online survey software, the natural food industry, and 3D printing. The demand for these industries has continued to rapidly grow, creating an abundance of opportunities. Sawyer Howitt also added that some of the best cities, for young entrepreneurs to thrive in, are San Fransisco, Austin, and Salt Lake City.

Sawyer Howitt has already gained huge success for himself at what most would consider a very young age. It seems as though he has always been able to understand the operations and finance aspect of a business. Howitt first worked at KURE Juice bar in Portland, where he learned an array of customer service skills.

He later worked as a business strategy analyst with RFID Checkout. Working his way up, he now holds the title of project manager with The Meriwether Group.

Sawyer is incredibly business savvy but he caters to many other things in his spare time. He is a skilled racquetball player, and likes fishing and keeping up with all of the latest trends. He has also been involved in philanthropic, educational funding, and women’s rights groups. Sawyer Howitt has served as a mentor to other millennials and will continue to leave his mark on the entrepreneurs and businesses of today.

Betsy DeVos and Her Philanthropic Role in Education

Elisabeth Prince better known as Betsy DeVos was born in 1958. Besides being a politician and businessperson, she is also an American philanthropist. She received her BA at Calvin College in Michigan. While at Calvin College, the young Elisabeth became involved with campus politics and had remained politically active ever since. She is currently a member of the Republican party known for her support for school voucher programs as well as charter schools.

Betsy is married to Dick DeVos, the former CEO of Amway. Dick is the son of billionaire Richard DeVos, Amway co-founder. Mrs. DeVos is very committed to education. As the Republican National Committeewoman, she championed the Detroit charter school system from 1996-2003. She also served on the board of Foundation for Excellence in Education (FEE). Her expertise was much sought after as she was called upon to serve on the boards of PAC, All Children Matter, Acton Institute and Alliance for School Choice. Currently, however, she serves as the United States Secretary of Education. Visit Betsy’s profile page on facebook.com.

Mrs. DeVos describes herself as a reformer. She has a firm belief in philanthropy and its potential to help people. The couple founded the Dick and Betsy DeVos Family Foundation. The foundation started by giving scholarships to low-income families helping the parents decide where their kids should go to school. As the chairman of the foundation, Betsy realized that while it was easy to help some kids through the scholarship fund, it was never going to be enough unless they address the actual problem. She, therefore, became an outspoken advocate for the school voucher system and tax credit scholarship programs.

She has always pursued reform through a plethora of nonprofit roles with her charitable interests ranging far and wide. Mrs. DeVos insists on giving to institutions and programs focused on community, education and cultivating leadership thus accelerating transformation. Dick and Betsy’s efforts are a part of their holistic effort to improve education in America. The DeVos Foundation has donated significant amounts of money to schools, hospitals, and health research organizations. They also support conservative, free-market think tanks and evangelical missions.

Forbes magazine listed the DeVos family among the top 100 richest families in America. Of their estimated net worth of over 5 billion dollars, Dick and Betsy Devos have given over $11.6 million dollars in charitable contributions through their foundation and over $139 million as a couple over their lifetime. The motivation behind their efforts is to help parents to get the opportunity to educate their children while helping the kids realize their God-given potential. For this family, their giving reflects how much of a priority education is to them. Mrs. DeVos always stays active working with many education reform nonprofits while helping to establish political action committees. As the new Secretary of Education, the sky is the limit for the ambitious and driven Betsy DeVos. Read more articles at MLive about Betsy.

Rick Shinto and Penelope Kokkinides: The strong forces behind InnovaCare Health

InnovaCare Health is a renowned healthcare service provider to patients. This is made possible by providing high-quality service that is fully integrated with progressive technology. Some of the services offered include Medicare plans and physician services. The headquarter offices are located in New Jersey. The company believes that patients are important, and so, their needs are prioritized. This is achieved by providing high-quality The Company has strong leadership, and together with their dedicated team, InnovaCare Health continues to thrive and grow.

InnovaCare Health is guided by its mission to create a healthcare solution that caters the needs of patients. The company concentrates on establishing service provider-patient relationship. This is accomplished by the ability of the company together with its subsidiaries to establish programs that meet the patients’ needs and that are favorable to them. At the end of the day, it is a winning situation for all parties.

About Dr. Rick Shinto

Dr. Rick Shinto is the C.E.O & President of the InnovaCare Services. He brings to the table more than 20 years of experience in the healthcare field. Before joining the company, Dr. Rick has served at companies such as MMM Healthcare, PMC Medicare, and Medical Pathways Management. Other positions that he has previously held include being the C.E.O of NAMM that is based in California. His vast knowledge and rich experience in the field has been vital to the company. Dr. Shinto is a renowned author of various health articles and briefs that expound on the changes that are being experienced in the health industry and the solutions to embrace.

Dr. Shinto is the brain behind the idea to establish a medical provider network that has spread in Puerto Rico. His passion to be of help to others has seen the launching of various programs that have come in handy for people who would be termed undeserving of such quality health care by enabling them to access the care easily. Dr. Shinto also enlightens his patients on health matters & also offers support to patients’ families.

About Penelope Kokkinides

Penelope Kokkinides currently hold the position of Chief Administration C.A.O at InnovaCare, Incorporation. Penelope previously held positions such as being the C.O.O & V.P of Aveta, Incorporation. She brings to the table more than 20 years of experience in the industry. She also accredited to having ample knowledge on clinical programs and health care processes. Other companies where she has worked include Centerlight HealthCare, Touchstone Healthcare, and AmerChoice. Penelope attended Binghamton University where she attained a BSc in Biological Sciences. She later enrolled at New York University and attained a Masters degree in social work. Other qualifications include an advanced degree in alcohol & substance abuse as well as a masters degree in public health. According to hrmronline.com,

In an interview with ideamensch, Penelope Kokinides says that she believes in teamwork as a way of bringing ideas to life. She continues to say that giving enough thoughts on something before actualizing on it increases the chances of it being successful. View her infographic resume at Vizualize.me

New Research Findings about Life Rejuvenating Medicine Made by Mikhail Blagosklonny

A very prominent personality in the field of Oncology, Mikhail Blagosklonny is one of the foremost scientists at New York’s Roswell Park Cancer Institute who specializes in the science of aging and cancer. Some of the significant contributions he has made as a student of cancer research include best methods and therapies for eliminating cancer, and the spread of tumors, the development of an efficient drug for cancer called rapamycin and the curtailing of the aging process or extension of life. The discoveries he has so far made were hardly being spoken of in the past. The distinguished doctor attained his M.D. degree in internal medicine from the First Pavlov State Medical University in St. Petersburg, Russia from where he also acquired a Ph.D. in cardiology and experimental medicine.

The work Mikhail Blagosklonny has done in various fields can be found all over the internet, but specifically on the Aging publication which is a highly regarded newsletter about the process of getting old or aging. He is the Chief Editor for the magazine apart from being a leader contributor to other journals like Oncotarget which is a free online that releases a lot of valuable information weekly about various subjects such as advances in the field of oncology and insights about peer review mechanisms, and general scientific news. He also features in Cell Cycle which deals with cell characteristic at the level of molecules. View Mikhail’s profile on Google Scholar

He was born and brought up in the same surroundings where he learned, and that is why his achievements in the medical field are quite remarkable. In all the institutions he attended, he consistently and continually demonstrated a sense of dedication that made him an exceptional learner. His interest in research work has caused him become a leading personality in the field of cancer studies and oncology. In an article which he released in 2015, the professor of oncology sets the record straight about various misconceptions and misunderstandings about the aging process as a result of the random build-up of decaying molecules. Through extensive research, he can prove that some procedures can be used to slow down getting old if the steps he has discovered and provided are followed.

There are several false theories about the body’s hyperfunctions, and the belief by many scientists that the aging process is a natural culmination of the body’s growth might not be right. There are many alternative medical practices such as the use of rapamycin which Dr. Mikhail believes can be used to extend the life of a body. The application of rapalogs can also increase the lifespan of someone, and prevent the prevalence of diseases associated with old age. The method is known as the model of TOR-centric because it targets the Rapamycin or TOR that slows down the aging speed. Many newsletters about the aging science have christened the method as the fountain of youth despite the fact that only a few years ago the use of TOR-centric medicine was viewed negatively because of lack of any concrete scientific evidence about its efficacy. All over the world, three other sources for the model are being discussed related to longevity promoting genes, the impact of diseases on aging, and cellular factors.

Read more: http://www.tandfonline.com/doi/pdf/10.4161/cbt.8.9.8899

End Citizens United Wants to Make a Name for Itself

End Citizens United is a newly formed political action committee committed to campaign finance reforms. Its ultimate objective is to pass a constitutional amendment that will reverse the decision of the Supreme Court about Citizens United, which brought a wave of dark money into politics and gave rise to super PACs in 2010. So far, millions of people have signed a petition demanding the Congress to pass End Citizen’s demands.

 

Although there have been several other PACs focusing on finance reforms campaign, this group is a bit different. It has a political side that will get people elected and change existing laws. This implies backing candidates in favor of finance reforms campaign, who will be against Citizens United and those under attack by Koch brothers, the billionaire conservative among other dark-money groups. End Citizens United has plans to set up an independent expenditure arm early next year. The arm will back the candidates financially through initiatives such as direct mailers, television ads, and polling. Although the group also wants to help pass campaign finance reforms at state and local levels, its primary goal is to enact a constitutional amendment that will overturn Supreme Court’s decision of 2010.

 

During the first quarter of this year, End Citizens United has collected over $4 million, and it is on a mission to raise more than $35 million before the 2018 Congress midterm elections. Approximately 100,000 people donated to the PAC during the first three months of this year. The leaders of the group say that their objective is to vote for finance reform campaign champions. In the past couple of weeks, the team has helped advice its contributors to contribute around $500,000 to the Democrat campaign of Jon Ossoff, Georgia’s first-time political candidate. 30-year-old Ossoff has caught the political establishment by surprise by raising over $4 million for the special election of April 18 to fill a suburban Atlanta seat left vacant by a Republican Secretary for Human and Health Services, Tom Price. The group says that it is still scrutinizing the races it will take part in 2018. However, it hopes to defend Democratic Sens. Jon Tester of Montana and Sherrod Brown of Ohio.

 

The group functions as a traditional PAC and doesn’t accept contributions more than $5,000 from a single donor. Regardless of that donation cap, its 2016 fundraising helped leap it to the Democratic-aligned groups top ranks in elections spending last year. The group’s spokesman, Adam Bozzi, says that End Citizens United has managed to build more ties with campaign finance groups. For instance, the group partnered with over two dozen organizations to support Republican senators who were given campaign donations by Betsy DeVos to vote on her Education secretary nomination.