Louis Chenevert is Rightly Hailed as the Legend

United Technologies Corporation is an aerospace manufacturer that has dominated both Canada and the United States of America for several decades now. They are the largest producer of military aircraft for both governments and their juggernaut business does not seem like it will die off anytime soon. However, it was not always like this.

The United Technologies Corporation has Louis Chenevert to thank for this good work.

He took a three-pronged approach to helping the United Technologies Corporation become widely successful. The first part of his strategy was to diversify the portfolio. When he took over as chief executive officer the great recession was destroying businesses everywhere. This included the aerospace manufacturing industry. There were few companies that could afford to purchase jet engines and flight sensors which was predominantly how United Technologies Corporation made its money. In order to continue competing, he decided to acquire companies such as Pratt & Whitney, Otis, and Goodrich. These acquisitions helped United Technologies Corporation branch out into military contracts, corporate infrastructures, and overseas trade.

The second part of his strategy was to decrease the needless spending in the company. He accomplished this by moving factory’s closer to one another. He found out through a survey that United Technologies Corporation was paying over $100 million a year transporting its own goods. By changing the way factories worked with one another, he was able to dwindle this cost.

Lastly, he was able to help United Technologies thrive by helping them prepare for environmental regulations. The United States Government and Canada were looking to pass stronger environmental laws to protect God’s nature. He knew that if United Technologies Corporation was to survive they would need to become more environmentally friendly. To do this, he led the way for United Technologies Corporation to decrease their water consumption and their carbon emissions.

He recently stepped down from United Technologies Corporation and now works as a consultant at Goldman Sachs in the executive banking division. We do not know what his compensation packages, but because of everything he brings to the table, we can assume it’s hefty.

https://www.crunchbase.com/person/louis-r-chenevert#/entity

Stream Energy Leading the Way in Corporate Generosity in Texas

Stream Energy is a retail provider of electricity, wireless telephone services, home services, protection and natural gas in America. Rob Snyder and Pierre Koshakji founded the firm in 2005.

It supplies energy in Washington, DC, New Jersey, New York, Texas, Maryland, Pennsylvania, and Georgia. However, the other services are available countrywide.

It uses direct selling to market the products to customers. It buys energy in bulk and distributes to its associates to market directly to consumers. Since its inception, the company has steadily grown its revenue collection.

In 2017, it got an annual return of over $7 billion in revenue collected in about seven states in America.

Stream Energy is making a name for itself in Texas and America as a whole with its philanthropic activities. American corporations are known for their generosity.

Unfortunately, Texas ranks the lowest in terms of corporate generosity. Stream Energy is reversing this trend, and it is raising the ranking of its home state.

In collaboration with American Red Cross and Habitat for Humanity, they have been at the forefront of the campaign to minimize cases of homelessness in Dallas.

They have been especially active in giving donations to victims of natural calamities, such as Hurricane Sandy, Hurricane Harvey, and the Texas Tornadoes.

They donated $10,000 to the 2012 Hurricane Sandy victims through the American Red Cross.

In 2016, in the wake of the Tornadoes that ravaged Texas, the company joined hands with the Salvation Army to give emergency supplies to the victims.

The Stream Energy Associates gave their donations, and the company doubled them before forwarding them for distribution to the residents.

After the Hurricane Harvey, which brought down as much as fifty-six inches of rainwater in Houston, Stream Energy Swung into action in partnership with Hope Supply Co.

They donated cash, time and labor to help the victims rebuild their lives. Stream Energy also provides transport for relief supplies to be taken to victims.

http://www.stephenvilletexas.org/list/member/stream-energy-the-toles-group-3912

 

A Look Into Sam Tabar’s Successful Career

Sam Tabar is the COO of FullCycle Energy Fund and the CFO of Awearable Apparel, Inc., which is located in New York. Sam is a reputable attorney and a professional hedge fund manager for major institutions. He graduated with law degree from the esteemed Oxford University and the prestigious Columbia Law School. While at Columbia law school, Sam served as an associate editor of the Columbia Business Law Review. Sam’s exemplary career started a prestigious law firm known as Skadden, Slater, Arps, Flom LLP and Meagher. Here, he served as an associate. He was mandated with the duty of advising clients on hedge fund memoranda, side letters, employment issues and compliance issues.

In 2004, Sam’s compelling career saw him occupy a senior position at PMA Investment Advisors LTD, in Hong Kong. His hard work earned him a promotion to serve as a managing director and senior manager in charge of business development. Sam Tabar had the responsibility of leading the asset management team. In addition, he assisted in the establishment of unique strategies of asset raising, which was a big success for the company. In 2011, Sam joined Merrill Lynch & Co., Inc. where he was in charge of capital introduction in the Asia Pacific region. Subsequently, Sam worked as an associate attorney for Schulte, Roth & Zabel LLP.

Sam’s experience in the field of hedge fund management and deep educational background gave him a veteran eye and a unique perspective in various matters. By incorporating these features with his entrepreneurship skill, Sam Tabar was able to create a strategic marketing plan that targeted institutional investors, high net worth clients and large family offices worldwide. His undying desire to succeed saw him achieve a rolodex of over 2,000 potential investors and established over 400 investor introductions. The company attained $1.2 billion in AUM.

Sam has been involved in different philanthropic initiatives. As an investor, Sam invested in THINX, a startup company whose goal is to support women in Africa and Asia. Tabar believes that the startup is special since it encourages the community to think about global issues. Sam is fluent in French and Japanese, in addition to his native language, English.