The Southern Methodist University (SMU) Cox School of Business has recognized James Dondero’s impressive business and entrepreneurship career by giving him a position on its Executive Board. The board membership doesn’t come as a surprise since MrDondero was an already in active partnership with the re-known business training institution through the Highland – SMU program.Highland Capital Management an asset management firm James Dondero co-founded with Mark Okada back in 1993. Highland has been working closely with SMU Cox School of Business through the Highland Capital Management Tower Scholars.
This is a program geared towards recognizing and encouraging professionals to make good of their pursuits in public policy. The partnership also offers continued support to the school’s Gearoge W. Bush Presidential Library and Museum.According to MrDondero, the new board membership will only cement the strong and cordial partnership that has existing between his company and the business school. As a board member, he would be expected to offer his wisdom to the school’s strategic management as well as help formulate policies that will make it a better place for upcoming entrepreneurs.He will now be part of the trig-annual board meetings held in the spring, fall and winter. He will be part of around 100 appointed SMU Cox Executive Board members, who like him are non-academics who have excelled in business.
About James Dondero
James Dondero, a Dallas, TX resident is the co-founder and current President to the Highland Capital Management, a credit advise agency. Dondero has worked in the credit and equity market for over 30 years now and pays special attention to distressed investing and high-yield ventures.His position as a successful investment adviser has earned him many strategic adviser and board member positions in companies like American Banknote, MGM Studios and Cornerstone Healthcare. Apart from his successful career, Dondero is an active philanthropic whose support can be felt in public policies and veteran’s affaris.
You have without a doubt already heard of the DeVos family and their philanthropical work towards changing the educational system of America towards a better one. They have been fighting for what they call the education-choice reform, and it is an idea that Betsy DeVos and Richard “Dick” DeVos had a long time ago to try and find solutions for families that couldn’t put their children in an education of quality.
Richard and his wife, Betsy DeVos, have already done so many philanthropical attitudes towards representing the collective interests of students, parents, teachers, school managers, and many people that care about the educational system.
When the couple unveiled that their charitable contribution was of almost $139 million in in 2017, many newsletters started sharing the story of the philanthropical duo that was slowly but steadily raising awareness of the education problem in the U.S. and trying to find solutions for families that do not have a way to put their kids in the best schools of the country.
They have already achieved so much, and the couple is not only invested in changing the general education department. Richard is also the President of the Windquest Group, his private venture, where he leads investment strategies and researches towards a greener future with sustainable energy and apparels. The company aims to develop technologies for that goal, using the most modern features to try to find solutions for humanity to lead a path of sustainable energy and synergy with nature.
The entire DeVos family are listed among the America’s Top Givers list from the Forbes Magazine, and it isn’t just the couple of Betsy and Richard, but many other individuals from the DeVos family that have contributed towards charitable roles in the U.S.
In 2015, the donations of Dick DeVos and Betsy DeVos reached $11.6 million in charitable contributions, and it was one of the biggest gifts of any philanthropical celebrity in that year, being ranked in the top 10 charitable people of 2015.
Dick DeVos, apart from being a philanthropist, he is a very successful entrepreneur and businessman as well. He loves aviation, as seen in his participation and founding of the West Michigan Aviation Academy, which he opened in 2010 to support young aviators who wanted to learn the profession and earn experience in a dedicated school with great professionals.
He is also part of the Kids Hope USA along with his wife, Helen DeVos Children’s Hospital, a property of the family who was helped dozens of children and women recover from health issues, and, finally, he supports with capital the Potter’s school, a religious educational institute where he and Betsy studied in high school in their youth.
Mentioning the Potter’s religious school, the reality of parents struggling to pay for the quality education for their children was the stepping stone that led the couple to invest their charitable lives in changing the educational system of the U.S.
Tony Petrello shows true strength of spirit. Tony is the CEO and President of Nabors Industries. Nabors Industries is one of the world’s largest oil well servicing companies–the world over. Not only does Nabors provide services: it possesses an impressive inventory of equipment: right for on-shore as well as off-shore work. It also is a producer of equipment.
Persons familiar with the oil and gas industry, realize that this is a highly competitive market. It takes an individual with a great amount of leadership talent to influence the initiatives, set forth, in such a corporation.
Tony Petrello has demonstrated a marked progression of moving from one form of leadership to that of another. This is true, whether he is within a corporation; or making a difference in the community.
Tony, too, was blessed in attaining a terrific education. He attained two degrees in math from Yale University–those being a Bachelors degree and a Masters degree. He went on to study law at the Harvard Law School. He attained a J.D. degree at Harvard.
Tony joined the highly prestigious firm of Baker & McKenzie, after his academic training was completed. He became the firm’s Managing Partner, and oversaw operations in the New York office. He resigned and departed–his next step being that of a leadership role at Nabors Industries, Ltd.
The preceding move was interesting in that generally a Managing Partner is not able to take on the very different leadership role that is part of managing a highly competitive oil and gas company–however, Tony Petrello stood firm and up to the challenge. He has shown success in both levels of responsibility.
This is the type of enlightening leadership that truly inspires everyone. The preceding stated, it came to Tony’s attention and his markedly resourceful and insightful wife Cynthia, that their precious child was born with a neurological disorder. The recognition of it: brought the couple to their collective knees. However, they decided to do research and look for answers.
Tony researched, the globe, in order to find a good source, in possibly helping their child.
Little Carena had been born premature: she suffered from a disease that is common in infants, that are born early. The baby had arrived twenty-four weeks, prior to expected delivery.
Tony and Cynthia continued their search. Tony Petrello stated that there was research being conducted, with regard to the brain for adults; however, no such research existed for children.
The Petrellos found the solution, in way of Research, in their own hometown. They made a donation and commitment to Texas Children’s Hospital by launching a research facility that could provide services, relative to researching childrens’ neurological disorders. Tony mentioned that there is light at the end of the tunnel.
By watching little Carena, master chewing–something that took a determined effort of millions of repetitions of chewing: Cynthia Petrello said she “witnessed a miracle.” Tony advised that little Carena was put in place of everyone to show that something needed to happen in way of research as it pertained to neurological disorders–relative to the pediatric populace.
Tony and Cynthia Petrello provided five million dollars to launch a research facility at Texas Children’s Hospital. The Petrellos are committed to finding answers; and are committed to providing two million more dollars.
Yes: Tony Petrello has lived an outstanding life and is a true go-getter. However, he and Cynthia, now are given their greatest of life’s challenges: taking care of a situation that has gone unaddressed. Their child, born with strength of spirit and purity of heart, have brought the Petrellos to the conclusion that research is greatly needed in the way of children’s neurological disorders.
Notes Regarding Tony Petrello:
Anthony G. Petrello also goes by the name of Tony. Tony Petrello is the CEO of Nabors Industries, Ltd. The company is a holding company of Nabors Exchangeco (Canada) Incorporated. Mr. Petrello has held the position, since October 28th of 2011. He has held the post of the company’s President since 1992. Tony served as the COO of Nabors Industries Ltd, since 1991.
Tony was with the prestigious firm of Baker & McKenzie (Now Baker McKenzie) from 1986 to 1991. During his time at the firm, Tony became its Managing Partner—working out of its New York office.
Tony Petrello became the Chairman of the Board of Nabors Industries, Ltd., in June, 2012. He served as the company’s Deputy Chairman from the years of 2003 to June of 2012. (Source: Bloomberg)
Tony Petrello is a Director at Stevenson, LLC. He has been in the position since February 28th of 2011. He has served as a Director at Nabors Industries Ltd, since 1991.
Tony is a Director, too, at Texas Children’s Hospital. He strongly advocates research as it pertains to children’s neurological disorders.
He, prior served as a Director at MediaOnDemand.
As evidenced above, by way of the brief profile of Tony Petrello: Mr. Petrello has held a number of challenging leadership roles and positions. His academic determination is an inspiration. Tony’s strength, in the form of leadership, should humble all of us.
Visit http://www1.salary.com/Anthony-G-Petrello-Salary-Bonus-Stock-Options-for-NABORS-INDUSTRIES-LTD.html for more information about Tony Petrello.
Betsy DeVos has been involved in spurring change for a large majority of her life. During her studies, she began her involvement in politics on her campus of Calvin College. She continues to make a name for herself by being a part of loca as well as national committees and groups to create change for the better. Perhaps most notable of her political involvements comes from her time as Chairman of the Republican Party in her home state of Michigan, a position she held for six years. Mrs. DeVos also holds the position of Chairman for the Windquest group, a firm founded by her and her husband Dick DeVos. The private firm focuses on managing investments in renewable energy as well as sustainable technology. One of Mrs. DeVos’ most passionate positions is as the Chairman of the Dick and Betsy DeVos Family Foundation, a non-for-profit endeavor started by the family. During an interview with Philanthropy Magazine, Betsy DeVos explains how one of her greatest efforts lies in education reform. More specifically, she wishes to see every parent have the option and of where to send their children to school, a freedom currently reserved for those with the resources. Mrs. DeVos has joined the American Federation for Children as well as the Alliance for School Choice, both of which she serves as Chairman. Mrs. DeVos has also been actively involved in raising money to go towards scholarships to aid low income families with sending their children to better schools.
Dick DeVos has also been involved in this pursuit as well as others both politically and in business. DeVos actually spent time on the Michigan State Board of Education. Dick DeVos is from Grand Rapids, Michigan where he currently resides with his wife and kids. He attended Northwood University receiving a Bachelor’s in Business Administration as well as an honorary doctorate. His first professional positions were held at his father’s company, Amway Distribution. Soon, DeVos was promoted to vice president where Amway saw a tremendous growth in their international markets. After owning the Orlando Magic basketball franchise for some time, Dick DeVos returned to Amway as CEO. Forbes Magazine named DeVos as the 67th richest person in the United States in 2012. DeVos is no stranger to politics either as he ran as the Republican Party’s nomination for Michigan governor in 2006. Now retired, DeVos focuses his energy on his philanthropic endeavors and spending time with his family.
Read more: https://www.crunchbase.com/person/dick-devos
Dick DeVos is an entrepreneur and businessman from Michigan. He is the son of Richard DeVos, the co-founder of Amway. He was born and raised in Michigan, and he went through the Forest Hills school system. In 2012, the Forbes Magazines listed him as one of the richest people in the United States.
He started getting involved in his family business when he was very young. The business offices were very close to his home, and he used to work whenever he was not in school. During the annual conventions, he would be assigned to greet the attendees at the gate. He also helped to clear plates during gatherings and conventions. This made him get courage to speak fluently and confidently in front of people. As a young boy he was able to give product demonstrations without any problems.
DeVos started working with Amway Corporation in 1974. He held different positions in the company such as development, research, manufacturing, sales, marketing and finance. He became a vice president of the company in 1984, making him responsible for all the institutions operations in eighteen nations. While holding this position, Amway managed to open numerous new markets in the globe. The company also tripped its internationals sales, and for the first time, they managed to exceed the domestic sales in Amway history. When he left the position after six years, the company had grown significantly.
In 1991, the DeVos family purchased Orlando Magic Basketball Franchise; Dick DeVos was chosen to become the CEO and President of the team. Under his leadership, the team is believed to have registered the best results in its history. He however left this position in 1993 to rejoin Amway.
After leaving Orlando Magic, DeVos was appointed to become the President of Amway. He got the position from his father, Rich DeVos. When he rejoined the company as its president, Amway was able to expand its operations to over fifty nations and six continents.
While working as the president of the institution, he was able to oversee the corporate restructuring and creation of Alticor, the predecessor of Amway and many other companies. In just twenty months, Alticor managed to cut more than one thousand jobs in Michigan during the restructuring. Out of these cuts, four hundred were early retirement and buyouts. This led to profitability of the business and prevented any possible losses to the institution. Dick DeVos is also involved in philanthropic activities. He has funded several educational causes in the past.