Monthly Archives: June 2017

All About Whitney Wolfe

Whitney Wolfe created the app Bumble in December 2014. With this app, if the person is interested in a heterosexual relationship then only the female can initiate contact. If the person is interested in a same-sex relationship then either person can initiate contact. One thing about dating app is if a free user doesn’t reply within 24 hours then the match disappears. In March 2016, a new feature called BFF was brought to the app. With this feature the app will match you with people of the same sex who are just interested in friendship. The point of this app is to make it so women are in charge and they don’t have to get unwanted messages or talk to anyone they don’t want to. Whitney Wolfe created this app after she left another well-known dating app and sued them. The app headquarters are in Austin, Texas and currently has around 35 employees.

Whitney Wolfe was born in Salt Lake City, Utah in 1990. She attended Southern Methodist University where she majored in International Studies. She started first fission business at the age of 19 by selling bamboo tote bags to the areas that were impacted by the BP oil spill. The name of this non profit was called the Help Us Project and she teamed up with a celebrity stylist Patrick Aufdenkamp. After Whitney Wolfe graduated she went to Southeast Asia where she worked closely with orphanages.

At the age of 22, Whitney Wolfe joined Hatch Labs. Through this company she became involved with the startup called Cardify. This was later abandoned and she co-founded the dating app called Tinder. After a little while she became the vice president of Tinder. Whitney left the company in 2014 because of tensions company executives. After leaving, she filed a lawsuit against Tinder for sexual harassment. Not only did she receive over 1 million dollars but she also received stock in the company. The founder of Baddo, Anthony Andreev, contacted her and wanted to team up with her to create another dating app. This is how Bumble was born. As of April 2016, Bumble is the 4th most popular dating app.

Even though Whitney Wolfe is young, she has accomplished a lot of great things in her life. She saw what she wanted and she went for it. She followed her dreams and found success.

Highland Capital Management Donation to Family Place

James Dondero is the co-founder and the chairman of Highland Capital Management, L.P. He became a household name after hitting the headlines following his announcement of the company’s initiative to award $1million challenge grant towards the Family Place. Family Place is the leading organization in supporting victims of domestic violence. The company has been aiming to raise $2.8 million in its legal campaign that was scheduled to run for six months.Highland capital management gave the donation through its philanthropic arm Highland Dallas Foundation. The grant matched 50% of funds that was raised throughout the campaign in April. Highland capital management became very instrumental in ensuring the family place was able to collect $2.8 million which was required to hit the company’s target of raising $16.5 million. The Family Place was able to finish the campaign strongly.

The need to Solve Community Problems

James Dondero said that the grant was answering the call by the Dallas Mayor and the Dallas Police Chief to help address life-threatening issues that were common in the area. He also went ahead to say that the company was pleased with the way Family place took the call and realized it in just a span of a year. The campaign by the Family place was to raise funds to construct the new Dallas Counseling Center for victims of domestic violence. The facility would serve more than 2000 people annually. This would help reduce the impact of family violence.

The man behind Highland Capital Management

James Dondero, the man behind this grant, has a successful career in credit and market equities. Since its inception, Dondero has pioneered Highland Capital Management in developing Collateralized Loan Obligation (CLO) market. He also engineered the development of credit oriented solutions to institutional and retail investors.James Dondero served as the chief investment officer to GIC before he founded Highland capital management. He also served as a bond analyst and a portfolio manager at American Express and as an inquisitor in 1984 in the Morgan Guaranty training program. Dondero is a graduate of the University of Virginia with highest honors, with dual majors in accounting and finance. James is also a Certified Management Accountant (CMA), and he has the right to use the Chartered Financial Analyst (CFA) designation. Learn more : http://www.barrons.com/articles/making-bold-bets-on-alternative-investmentsand-winning-1490423757

Lori Senecal Will Retire After Advancing CP + B Into a Global Name

Lori Senecal, the famous global CEO of CP + B, is having a career change! At the end of this year, she is going to step down from her current position. During her time at CP + B, she has managed to bring CP + B to a global company with a reach around the world. Under her leadership, she brought in many new deals which were previously thought impossible.

Let’s take American Airlines, for example. They were previously with ™ Advertising for over 25 years, which is a quarter of a century! However, Lori Senecal was able to take them to CP + B.

At the end of the year, Lori is going to retire. However, she has set the structure into place, and she is working with the team at CP + B in order to develop a plan of success for the future of the company. This plan will also be a plan for the leadership of CP + B, so that it can continue with its success even after she retires.

Lori Senecal is well known in the financial industry. She studied at McGill University, where she got her Bachelor of Commerce in Marketing and Finance. She was the co-founder of TAG Ideation at McCann Erickson, the Global Chief Innovation Officer at McCann Worldgroup, the President of McCann Erickson’s New York Office, the President, Chairman, Global Executive Chairman and CEO of Kirshenbaum Bond Senecal + Partners, the President and CEO of MDC Partners, and is currently the Global CEO of Crispin Porter + Bogusky.

In an interview with IdeaMensch, she says she starts her day with a workout to get her blood flowing so that she is ready to do all the coordination across the ten offices. There are initiatives and meetings she has to take care of. Lori brings her ideas to life through extreme collaboration. She is also very excited by the latest trend of brands focusing on their actions as opposed to just on their messaging.

Follow her on Twitter

See more: http://www.adweek.com/tag/lori-senecal/

Anthony Petrello Rises from a Humble Beginning to Become a Top-Paid CEO in America

Anthony Petrello lists among the most successful corporate businesspeople in America. He graduated from Harvard University with a J.D degree. Later on, he pursued a master’s in mathematics from Yale University. Today, Anthony Petrello gets associated with Nabors Industries. He is the chief executive officer of the institution. He has worked with this oil drilling company for over 25 years. Since his incorporation to the Nabors Industries family, Anthony Petrello has held several key positions in the organization. In 1991, he became the chief operating officer. One year later, he became the president of Nabors Industries. As a result of his great achievement with the company, he got appointed as the deputy chair of the board of directors. Today, he serves as the chairman of the board. Anthony Petrello career began in Becker & Mackenzie law firm. He was a managing partner in the enterprise.

 

Besides being a businessman, Mr. Petrello is a philanthropist. He holds a director position at Texas Children’s Home. Through this institution, he donates both his time and resources to the benefit of needy students. His experience and education background has made him a great leader. He is among the best-paid executives in America. In 2015, his calculated salary and compensations amounted to $ 27,663,602. Out of which, $ 1, 580,077 amounted to salary, $ 7,727,000 got paid as bonus, $ 16,863,656 as stock and $ 1,342,206 from different types of compensation.

 

In a recent article published by his college roommate, Lloyd Grove described him as a skinny scholarship kid from Newark. It further says he had a thick Jersey accent and had an extrovert personality. Petrello loved pizza and joked about his family. He was jovial and would make fun during mealtime. Grove says that he was naturally good at mathematics and was the favorite student of Prof. Serge, a renowned world class mathematician. The article got published by The Daily Beast. In 2013, Anthony Petrello topped the list of the top-paid CEOs in America. He received $ 68.2 million, a 246 percent increase from what he received in 2012. However, in 2014, changes in the company saw the corporate governance and compensation practices change. They limited executive severance payment to three times an executive salary. The roles of CEO and chairman, additionally, got split. Therefore, the changes rained fire on Petrello pay and ultimately funneled back much of the money to the shareholders.

To know more click here.