Newly Appointed CEO of Papa Johns Steve Ritchie pens a letter of apology

Pizza giant Papa John’s has announced that the company has elected Steve Ritchie as their new Cheif executive officer. Steve Ritchie who was the former president of the company has worked in almost all areas of the company including being an hourly wage customer service rep. in the mid-90s. The change in leadership comes after an internal scandal rocked the pizza giant and caused an enormous Public relations disaster that has now affected the companies revenues.

The company in an attempt to apologize to customers and investors sent out a mass newsletter via email. However, this was not good enough for Steve Ritchie as he believed that more should be done about this matter. Steve quickly nixed the newsletter and as his first task as CEO began to pen a personalized letter to customers and the public in general. The letter begins by making people aware that this embarrassment has been one of the hardest things he’s had to go through during his time with the company. However, he emphasizes the fact that these hateful comments said by a former employee do not any in any way represent the views of the company or any of its staff members. In addition, he reminds the public not to take their anger out on their stores as most of these locations are run by people from their own community, fathers, sons, and daughters who have nothing to do with the situation at hand.

Steve Ritchie also added that these words written in the letter are not enough and therefore the company will not begin performing massive steps to ensure that these situations never happen again. Firstly is the hiring of experts to conduct a company-wide audit of the company culture. Secondly, top management executives including himself will visit as many locations as they can to personally speak with people about what needs to be done. There is no doubt that the addition of Steve Ritchie as CEO has brought some hope to how the company will be run in the future.

Fortress Investment Group, the Undisputed Expert in Asset Management

Fortress Investment Group LLC is a worldwide investment management company. The company is well-known for its in-depth and specialized expertise in diverse management strategies in private equity, liquid markets, credit, hedge funds, and traditional assets. The company was founded in 1998 and has its headquarters in New York. Read more on bloomberg.com

Since its inception, the company has experienced tremendous growth and expansion its operations and investments. The company currently manages assets worth over $70.1 billion on behalf of 1,750 clients. The client base is comprised of both individual and institutional investors across the globe. Fortress Group is a publicly listed company with shares trading in the New York Stock Exchange.

Fortress Investment Group launched its credit business in 2002. The business is managed by one of the principals, Peter Briger and is run by a team of 500 highly qualified professionals. The credit business focuses on investments in illiquid credit, undervalued assets, and distressed investments. Since its inception, the business has made significant investments in distressed cycles and major credits across the world.

Through the Private Equity business, Fortress Group focuses on investments in asset-based businesses and cash generating ventures. The company has acquired significant stakes throughout the Caribbean, Europe, and North America. The Private Equity business is headed by Randal Nardone, one of the co-founders.

Fortress Investment Group is also one of the leading managers of long-term and publicly traded permanent asset vehicles. Among the assets under the control of the company include the Fortress Transportation and Infrastructure, NewMedia Investment Group, and Eurocastle among others.

Fortress Investment recently acquired a limited interest in Red Rocks Energy Partners L.P. Under the agreement, Fortress Investment Group attained the right to own 7,200 acres of seismic land previously under the control of Red Rocks Energy. The acquisition also granted Fortress Investment Group the right to develop oil and gas in Oklahoma counties of Garvin, McClain, and Grady.

The acquisition of Red Rocks Energy became the second major investment for the Fortress group in the oil and gas exploration sector. Previously, Fortress had sealed an agreement with IOG Capital. Under the agreement, Fortress Investment provided $350 million as drilling capital for operators in the United States. Visit https://www.businesswire.com/news/home/20171227005358/en/SoftBank-Group-Completes-Acquisition-Fortress-Investment-Group

HGGC Announces Its Latest Investment Deals

HGGC is a leading private equity company based in California. It was named as the Equity Firm of the Year in 2014 by Mergers and Acquisitions magazine. It is prominent because of its “Advantaged Investing” model, and this involves investing through affiliations.

Let us learn more about the investment strategies of this company.

On Business Wire

October 1st, 2018 Business wire reported: HGGC has announced six new members are joining their team to boost financial and investment operations. The new team would bring in great talent and experiences which would assist HGGC to implement its prolific investment strategy and accelerate growth.

They included: ColinPhinisey – to lead capital market, Christopher Guinn-Executive Director, 4 Associates-to support continued Growth.

It has $ 4.3 billion in cumulative capital commitments, more than 100 completed portfolio investments and more than $ 17 billion aggregate transaction value.

It mainly targets investments across its funds-rollover investment; this is through alignment with sellers and business founders and limited partners through co-investment.

On PRNewswire

On 15th Oct 2018, PRNewswire reported: HGGC has announced about a new agreement it has signed with Mi9. Respida Capital and Mi9’s owners-General Atlantic were going to invest alongside HGGC. However, the terms and conditions involved were not revealed.

This was a merger of Mi9- a popular omnichannel retail solutions provider and MyWebGrocer (MWG)-HGGC Portfolio Company which is a prominent digital media and software company.

The merger would power retail operations, over 500 retailers and different consumer brands all over the world.

The CEO Rich Lawson was very confident with the new merger as he quoted Mi9’s records were very successful.

This merger between MWG and Mi9 would be a prominent software provider in the market with over $250 million revenue, approximately $1 billion market segment t growing with over 5% annually.

This was a very favorable market trend.

Conclusion

The company’s Advantaged Investing model has proven to be productive in the financial and investment markets. It invests in companies which have competitive positions in the market and adds value through skills and relationships. HGGC is led by paramount leaders with extensive experiences and skills to spark growth.

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=40266198

Dr. Sameer Jejurikar’s Rise in Medical Aesthetics

Sameer Jejurikar, M.D., has been working his magic for a considerable amount of time. This is one of Texas’ most prominent plastic surgeons, and Jejurikar works at one of Texas’ most prominent medical-aesthetic facilities. Dallas Plastic Surgery Institute is a top-tier medical-aesthetic facility because it has provided top-of-the-line work. Dr. Sameer Jejurikar is just one of a number of plastic surgeons who call this place home. While attending the University of Michigan, Jejurikar got a chance to be a member of the Alpha Omega Alpha Honor Society. On the other hand, he was able to earn an undergraduate degree here. Not all plastic surgeons love this mesmerizing craft, but Jejurikar isn’t one of those plastic surgeons. “I have a profound passion for the craft, and I’ve spent countless hours in training,” said Jejurikar.

Dr. Jejurikar has provided plastic-surgical procedures on the nose, face, eyes and breast of countless patients. Brazilian butt lifts are another specialty of his. “With each passing year, I get an appreciation for how lucky I truly am,” said Jejurikar. As of late, this man has been on a personal quest to make plastic surgery safer. This man has also held speeches at medical clinics and conventions. Jejurikar has even taught special techniques to other plastic surgeons who attended these events. As you can see, this man’s heart is in the right place. Dr. Jejurikar also launched a skincare line of cosmetics. These products are highly active thanks to their extraordinary ingredients. Some of the ingredients are medical-grade while others come from a more organic source.

This progressive approach to medical aesthetics has helped him rise in the ranking system. This natural-born philanthropist has donated some of his time overseas while working to correct physical deformations. In total, Dr. Jejurikar has participated in Smile Bangldesh for at least 20 times.

OSI Group Leads The Food Market

Sheldon Lavin, leader of the OSI Industries, has dedicated his services for substantial growth of OSI Group of Industries. OSI Industries deals in the food production industry. The company was built on a strong foundation and has evolved over the years. During its evolvement, it has undergone different challenges. To counter such problems, the company hasn’t restricted itself from using innovative technology. The use of such cutting-edge technology has led OSI Group of Industries to become a renowned name in the food production chain.

With the modern advancement in the field of food production, OSI has climbed the reigns to become the world’s biggest food manufacturers. What started as a neighborhood butcher shop in Chicago went on to provide McDonald’s with the food products all over the American Midwest. The firm has been operating ever since the mid-1970s. Sheldon Lavin can be accredited with the massive growth of OSI Group.

Mr. Lavin leaded OSI towards newer heights by bringing in profitable business strategies. He emphasized on increasing the efficiency of his company. He also wanted to make his impact in creating environmentally friendly products and leave a positive mark globally. At the moment, OSI Group’s chief objectives include providing a sustainable platform in the field of food production.

OSI is a game-changer in the market of food production because it has introduced new strategies and techniques for the food production market. Similarly, the aspect of bringing environment-friendly food in the modern age is of extreme essence. Such contributions in the field of food production market have led OSI to receive recognition and awards. The list of awards includes:

1. The North American Meat Institute’s Environmental Award
2. Global Visionary Award
3. The British Safety Council’s Globe of Honor
4. California Green Business Award

Keeping in view the colorful history of OSI Industries, the company at the moment has a workforce of over 20,000 employees all over the world. It is currently working in 17 countries with more than 65 facilities. OSI Industries is ranked as 58th largest private firm according to Forbes in 2016. It has a net worth of a massive $6.1 billion.

To Know More Click This Link : www.fooddrink-magazine.com/sections/producers/1308-osi-group