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Randy Nardone: His Journey and Contribution at Fortress Investment Group

Randal Nardone is the co-founder of the largest alternative investments company, Fortress Investment Group. He amongst other two principals, Peter Briger and Wes Edens started the company in 1998. Randal Nardoneand Peter Briger manages investments on behalf of the firm for New York clients. Randal Nardonewas the CEO of the Investment company until the year 2003. Prior to joining Fortress Investment Group, Randal Nardonewas a Managing Director at UBS till May 1998. He also worked at BlackRock Financial Management as a Principal. He also worked as a principle at a law firm in Mexico. Randy is an alumnus of Boston School of law and University of Connecticut where he studied law and Biology respectively.

At Fortress Investment Group, Randal Nordone is actively involved in various activities. He is the chairman and president of Springleaf Financial Holdings. He has co-founded Fortress Registered Investment Trust in 1999 which he has also been Chief Investment Officer, Chief Operating Officer, Secretary and Vice President. While joining Fortress Investment Group, Randal was motivated to make the future better for the people. The goal of Fortress was in line with his ambition and he put in his skills to make the company and the people successful. Randal Nardone remained committed towards his cause. He did whatever it took including changing the way the company worked.

The company grew bigger and more successful and reciprocated this to the clients. He continued looking for more opportunities to keep expanding. When SoftBank offered to acquire Fortress Investment Group, Randal could not hesitate to take up the offer. The acquisition provided more opportunities for the company to continue to expand and improve the lives of the people. The commitment of Randal Nardone and the co-principals towards the company has greatly contributed to its growth. He spearheads the controlled investments in North America and the Carribean. Randal Nardone was recently named by the Forbes Magazine billionaire list as position 557. His contribution and that of the co-founders makes Fortress Investment Group a go to company on matters alternative investment.

Jingdong Partners With Farfetch to Expand the Lucrative Luxury Brand Segment

Jingdong is a part of the Fortune 500 companies and the largest e-commerce platform by revenue in China. It’s also known as Jingdong retails electronics, cosmetics, apparel, and food and is committed to providing authentic and quality broad range of these products. It has a user-friendly online platform and a mobile application in which the users can easily purchase the products. The products are offered under competitive prices and the customers can pay conveniently in a purchase or on delivery. Jingdong in July 2017 announced Toplife’s partnership with Farfetch an existing luxury business company in China. This strategic partnership is to allow luxury brands to China.

The merger allows Jingdong to access Farfetch’s customers that amount to over 300 million. Farfetch, on the other hand, gets the top level of application entry point. Farfetch also provides Jingdong access to its network of 3000 brands and partners. Before the partnership with Jingdong, Farfetch had merged with an e-commerce and marketing company, CuriosityChina. This contributed a great way in helping the company build and grow its operations in China. The great market base of luxury fashion makes it a key section of Jingdong. The merger between these two fashion companies will provide a great shopping and logistics experience for the customers in China. Jingdong is also pursuing more partnerships to expand the business even more in the country.

The companies will also provide strategies for luxury brands to be able to penetrate the market with ease. Jingdong currently operates over 6000 delivery stations distributed within 256 warehouses and covered over 2600 counties by December 2016. It also created employment to over 120000 employees. This partnership will expand their network and create more employment opportunities. Jingdong is committed to providing a successful online retail business through committed customer service. The collaboration between Jingdong and Farfetch is win-win and will see the coming together of local and global segments in the luxury fashion industry. The two companies are committed to consolidating their operations through a better relationship and make China a one-stop shop for luxury brands. With their expertise, network and customer service the partnership is a huge success.

Papa John’s CEO Steve Ritchie and his Path to Success

Steve M. Ritchie is the Chief Executive Officer of Papa John’s International, a pizza company that ranks third in the globe. He has 22 years in the company and has held several positions including the current position that he got in January 2018. He started working in 1996 with customer service as his initial role. He became a franchise owner for the company in the year 2006. From 2008 to 2011, he was a consultant in charge of operations in Calistoga Bakery Café alongside working for Papa John’s. In 2014, he became the chief operating officer.

Steve Ritchie went to Seneca high school, and after he graduated, he went to the job market immediately. He had an early interest in the pizza venture and had bought his pizzeria in Louisville, his home. He is hardworking and dedicated to everything he does which has given him more insight into the pizza business. His success was noted by Louisville Business First when he was listed in the Forty under Forty.

This February on 4th, Papa John’s under Steve Ritchie’s leadership made headlines having being states to get $ 200 M investment from Starboard Value LP. Starboard is an investment adviser firm in New – York that invests in companies that have been heavily undervalued and also partakes in the management roles. Papa John’s also gave the company an option to $50 M investment through 29th March.

Changes in Papa John’s leadership and board members were experienced. The number of director’s rose to nine and Steve Ritchie is among. To examine the strategic choices, the company formed a special committee who are advised by BofA Merrill Lynch and Lazard. The new chairperson of the board Olivia Kirtley seeks to boost the company’s growth, financial performance and give the best to the shareholders.

Steve Ritchie with his extensive experience in Papa John’s is expected to work together with the other board members in advancing the strategies and take the company success to another level. Papa John’s with this new financial resources is therefore sure to be a constantly growing and leading restaurant in the globe.

Susan McGalla Leads By Example In Executive Domain

As a business professional in leadership roles, Susan McGalla seeks to change corporate culture to view peers based on merit. As an accompaniment, she encourages women to behave as professionals without expecting special treatment. When the time comes for advancement, raises, or accolades, McGalla believes that work ethics and job performance should be the deciding factor, not gender, age, or other traits.

Susan McGalla’s father, a football coach, raised her to work hard and have confidence in her abilities. Two older brothers set the stage for her learning to hold her own regardless of whom she faced. McGalla confides that as a result of that environment she has since been comfortable working with men and women equally and enjoys doing so.

In 1994, Susan McGalla began employment with American Eagle Outfitters Incorporated. At that time, men held most leadership positions plus all executive and board positions. However, as McGalla proved herself by consistently presenting ideas that benefited the company and carrying herself with dignity and confidence, she worked her way to president and chief merchandising officer. With McGalla at the helm, American Eagle saw revenue of $3 billion, expanded to four brands, and established an e-commerce website.

Although Susan McGalla no longer works at American Eagle Outfitters, she still strives to encourage true equality and androgyny in the corporate world. In 2013, McGalla founded the consulting firm, P3, to offer marketing, branding, and financial advice to corporate clients. She operated the firm for two years. McGalla joined the executive team of the Pittsburgh Steelers in 2015, where her skills and initiatives helped increase that organization’s revenue by 50 percent.

Susan McGalla encourages women to reject the glass ceiling, entitlement, and stereotype mindsets and concentrate on building skills, following passions, and earning respect. This philosophy has served McGalla well.

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