Browse Month: August 2017

Meet the Able Securus CEO-Rick Smith

The CEO of a company is the driver of the enterprise. It is the chief executive officer of the company that directs the company. If the chief executive officer of the company is an intellect, the company is likely to be prosperous. It is, therefore, crucial that the company take their time before choosing their CEO.

What are the qualities that a CEO should have?

For a CEO to be effective, he/she needs to have a high level of experience in the field. A CEO should have worked in the area for a relatively extended period. The CEO should have qualified academically in the field. It is also necessary that he/she has the leadership skills.

Why Rick Smith was nominated the chief executive officer of Securus Technologies

Like any other CEO, Rick Smiths nomination was done after a high evaluation in his skills. One of the factors that led to his appointment is his high levels of experience. Before becoming a member of the Securus technology, he worked with other companies. Rick Smith left behind a good reputation, from the developments and successes that he led his former company in achieving.For example, in Eschelon Telcom, he was able to move their revenue from $30 million to $350 million. This was as a result of his hard work, creativity, and excellent skills to govern his employees. In EBITDA, he developed a revenue of $80 million.Apart from this great experience that Rick Smith has, he also has an academic report that advantageous to the Securus technology. Rick Smith has a B.Sc. Engineering, a master’s degree in mathematics and an MBA. All this skills combined makes Rick Smith an outstanding leader.

Securus technologies and what it does

Securus technology under the leadership of its CEO works with the prison administration to ensure that there is safety. This means that their ways to monitor what is happening in the inmates’ cells to make sure that they do not hurt each other.Securus technology has also come up with gadgets that facilitate communication between the detainees and those close to them. Smith has given the inmates a chance to keep in touch with their families, as some of them are parents and not be able to talk regularly would lead to the bond they once had been broken.The Securus technology has ensured that the gadgets are well protected so that they are only used for the purpose they were created for exclusively. The company has ensured that the prison officials can monitor the phone calls.Rick Smith has significantly contributed to the growth of Securus technologies. He has helped the company in achieving its goal as a profit-making organization. Also, the company has been able to provide public safety and make profits as well. This is why Rick Smith is the ideal leader for the Securus Company.

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George Soros, Billionaire Royale

George Soros is the founder of Soros Fund Management LLC. He is regarded as one of the richest men on earth with a net worth of $25.2 B. He was born in Hungary and migrated to the London School of Economics. He put himself through education, working as a waiter and railway potter. After graduation, he joined the London Brokerage firm Singer and Friedlander and specialized in International arbitrage. It’s his relocation to New York wall street that propelled him to riches. He engaged in arbitration, which is basically buying securities in one country and selling them in another.He is very famous in the political scene as a donor.

His debut into politics was in the 2004 elections where he splashed money amounting almost to $27 million in order to defeat the incumbent George Bush. His attempts, however failed and he was forced to retreat into the background. He did not entirely retreat as he was back into the political scene in 2008 where he was a huge financier of the Barrack Obama campaign team. He is termed as a huge supporter of democratic causes and this is evident in his support for the democrats since his initiation into politics. In his 2004 campaign rhetoric he compared the Bush administration to that of the nazis and asserted that defeating him was ¨a matter of life and death¨.

Politics is not the only thing that Soros has a vested interest in. He is widely known as a philanthropist and is willing to contribute large sums of money to causes he believes in. He initially began building the foundations dubbed Open SOciety Foundations whose concept was to help build vibrant and tolerant democracies whose governments are accountable to their citizens. His early contributions were barely significant amounts and these rose exponentially over the years. Currently Soros Open Society Foundations are set up in more than 70 countries all over the world. He even wrote a book on the Open Societies and explained that the aim of his foundations was to advance freedom, democracy, rule of law, human rights and social justice.

Global Lender Equities First Holdings Sees a Growing Trend Among Borrowers Who Use Stock as Loan Collateral to Secure Working Capital

Equities First Holdings is an alternative financial solution provider for those who seek fast working capital during the harsh economic times. The company has announced that they see more traction in the use of the stock-based loans as they offer utility during the financial crisis. During this time banks and other credit solution that offer conventional loans tighten their lending capabilities. In fact, they increase their interest rates to amounts that do not attract people. This is the reason why these people turn to Equities First Holdings to secure the stock-based loans that make use of your stocks to get the money. For borrowers who want to raise fast income, they must seek the use of stock-based loans in a manner that is not paralleled in the industry and more information click here.

While there are many other options to get finance during the financial crisis, these individuals seeking fast capital have adopted Equities First Holdings because of their seamless transactions. In most cases, you will qualify for a loan of about 60 percent of the stocks in place to get the non-purpose loan, the meaning of the word non-purpose means you are not entitled to state the use of the loan as a means of qualification and learn more about Equities First Holdings.

As banks increase their interest rates, there is inevitable market fluctuation. However, the uses of stocks provide the most sophisticated way of securing capital. The use of stock-based loans allows the borrower to walk out of the loan if they are not capable of paying it back. This means they use your stocks to pay themselves.

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Meet Mathew Autterson; The Man at the Pinnacle of CNS Bioscience Inc.

Mathew Autterson is the President and the CEO of CNS Bioscience Inc. Founded in 2013 by Scott Falci, CNS Bioscience is a medical company that deals with the development of clinical drugs for neuropathic pain treatments. He also acts in full capacity as a Board member in Falci Adaptive Biosystems (FAB). FAB is a non-profit organization that focuses on helping individuals handicapped by neurological disabilities to enhance their control and interaction with the surrounding.

FAB was also founded by Dr. Scott Falci, the lead neurosurgeon at Craig Hospital. With its headquarters in Englewood, Colorado, the non-profit institution has grown to assume leadership in Colorado’s business realm. The firm is synonymous with Mathew Autterson’s philanthropic deeds, having served as a leader at various executive positions in Denver Zoo and the Zoological Foundation based in Denver, and in Denver Hospice, where he acts as the Chairman of the Board of Directors in all the three institutions.

His professional skills precede his imposing demeanor, having accrued more than 25 years as a wealth management expert, and a private wealth management consultant. That, he accomplished through his mettle in estate planning and as an investment strategist.

Mr. Autterson commenced his career path at First Trust Corporation, owned Fiserv of AIG. He served the company till 1982 and later joined a small collection professional to approve a new State Charter firm in Colorado. The charter meant the company was a recognized subsidiary of Integrated Resources, a New York- based financial company.

Philanthropic Deeds

In 2000, Mr. Autterson played a critical role in the organization of the Carousel Event aimed at raising money for the construction of a kids’ carousel at the Denver’s Zoo. The event, which attracted a record breaking attendance of 2,500 guests, who expended their helping hand to raise over $600,000. Among the guests were; premier sponsors ($15,000) benefactor sponsors ($7,500) and executive sponsors ($3,000).

One of the event organizers, Koelbel attributed the event’s success to Mr. Autterson, who, through his financial industry connections, compelled the attendance of Mellon and Dreyfus and Bucks affiliated firms. Together, the trio contributed $50,000.

Education Background and Social Personality

Mr. Autterson attended the Michigan State University and graduated with a B.A certificate in 1980. His educational path was not over yet. He also went to the University of Denver, Graduate Tax Program, before which he began his career.

Apart from his career life, Mathew Autterson is a socially competent individual who takes time to interact with his followers in social media accounts on Twitter and Facebook. In 2007, he and his daughter, Madison Autterson, accompanied the famous socialite Holly Kylberg on a 1,296-mile road race in Mexico. According to Holly Kylberg, the event was an excellent adventure.


The knockout option of compensation from Jeremy Goldstein’s view

Jeremy Goldstein is the founder and a partner at Jeremy L. Goldstein & Associates, LLC. He is a renowned Lawyer. His company focusses on advising clients on corporate governance and compensation of executives.

Jeremy Goldstein has been a part of many large corporate transactions and is the chair of Mergers and Acquisitions subcommittee in the business section of the American Bar Association. He has played a part in the acquisition of the Goodrich by the United Technologies among others.

Jeremy Goldstein writes and gives talks on issues and solutions on the compensation of executives and the governance of corporates. Jeremy Goldstein is also a part of the New Leadership Council of the Make-A-Wish Foundation, a charity program that focuses on the recovery of men and women who suffer from mental illnesses.

Jeremy was advising employers on how the knockout compensation option may be beneficial to their companies. It is easy for the members of the staff to understand stock options.

With this in mind, the employees are likely to prioritize the success of the company since it directly impacts their personal earnings. Learn more about Jeremy Goldstein:

The employees will be motivated towards better customer service and satisfaction in order to maintain and grow their relationships with their clients. This ensures a growth in company sales and, in turn, a higher income turnover for the staff.

The knockout option, provided by Jeremy Goldstein, is not an answer to every problem but it curbs the biggest challenges that are associated with the stock- based compensation option.

Any company that uses the knockout compensation option must communicate with its auditors on the results likely to arise when this option is given to its employees. It important to assess a situation where the employees fall above or below the threshold and what impacts that will bring to the company’s returns.

Who is Desiree Perez?

The music industries is considered to be one of the most lucrative, but only a few people know how hard it is to survive in this industry. Perhaps it is the reason why it is mostly dominated by men, leaving women who get to the top to have to work twice as hard. This is the life of Desiree Perez. She has been in the industry for over two decades now. Yes, you might not have heard of her, but she just might be the reason behind the success of your favorite artist.

She is the soul of Roc Nation, owned by Jay-Z. This is true since she is in charge of all contract negotiations, ensuring that all artists and players under Roc Nation, get the best terms. Since the formation of Roc Nation, in the year 2008, Desiree Perez has been managing reputations and the success of the company’s clients by negotiating with technology, fashion and management companies.  Additional reading on

You get to understand the real strength of a woman, if you see Desiree Perez during her negotiations on her sports clients. Negotiating for the sports industry is known to be one of the toughest tasks, but with Desiree Perez nothing is unachievable. Her reputation has been a big plus for all players managed by Roc Nation.  Check for additional article.

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Desiree Perez is known to have built Jay-Z, from a mere artist to a profitable businessman. She is in charge of organizing his performances and his world tours in such a way that they are profitable to his business. Read updates, follow her on her social media page at twitter @desireeperez.01.  She is known to be a big investor and influencer in the entertainment industry. Besides, she is in the Hova Circle of Influence, which is a powerful circle of investors and influencers of the entertainment industry. Read more on

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Groupon Co-Founder Wants to Create Individualized and Data Driven Treatment with Tempus

In Heidi Harris’ Tech News Spy article “Tempus, Eric Lefkosky, and the Rise of Data Enabled Precision Medicine”, the co-founder of Groupon attempts to change the world of healthcare by providing invaluable data to doctors.

The serial entrepreneur’s latest venture, Tempus, was created to provide modern technology and the benefits to cancer researchers and physicians. The goal is to change the way healthcare is provided to cancer patients by providing individualized treatment plans based on molecular and clinical data.

The company created the “world’s largest library of molecular and clinical data” that is paired with an analytics software to provide the necessary information to doctors. The information pairs genome sequencing data with clinical data to demonstrate which medicines are the most effective for different tumors and different molecular compositions. By doing so, the physicians and researchers will be able to look at the ceaselessly improved information and tailor the treatment to the individual and learn more about Eric.

Though the process of genome sequencing has been around since 2003, it was incredibly expensive. The first genome sequencing was over $100 million. However, with the improvement in technology and science, the cost is around $5,000. Tempus provides access to the information and in doing so allows the specialists to create treatment that is backed by data and more information click here.

Eric Lefkofsky was born on September 2, 1969 to a structural engineer and a school teacher in Michigan. He attended University of Michigan and graduated with honors. He continued his education at the University of Michigan Law School where he received his Juris Doctorate.

Eric Lefkofksy is a dedicated philanthropist. He and his wife began the Lefkofksy Foundation to enhance the quality of human life by reinforcing and supporting scientific, educational, and other charitable causes around the world. He is also on the board of directors at the Children’s Memorial Hospital and for the Art Institute of Chicago.

His entrepreneurial characteristics have driven him to create a variety of other companies along with Tempus. He may be most well known as the co-founder of Groupon, an ecommerce company that provides coupons to local events and activities. He is also the co-founder of InnerWorkings, Echo Global Logistics, Mediaocean, and Lightbank.

Michael Lacey- Mathematician Extraordinaire

Michael is an American mathematician. With a myriad of teaching experience, he is currently a full professor at the Georgia Institute of Technology where he has been employed since 2001.

Upon graduation from the University of Texas with his Bachelors’ of Science in 1981, Michael Lacey continued to pursue academia and began working towards his Ph.D. at the University of Illinois, specifically the Urbana- Champaign campus. Learn more about Michael Lacey:

His education was overseen by Walter Philipp. While working towards his Ph.D., Michael Lacey did his thesis on Banach spaces in the area of probability. To complete this, he put his focus on solving a problem related to the law of the iterated logarithm for empirical characteristic functions.

He graduated with his doctorate in 1987 and received an associate professor position at Louisiana State University in Baton Rouge. He held this position for a year before moving on to another associate professorship at the University of North Carolina- Chapel Hill.

It was here that he worked with his former advisor Walter Philipp, and together they presented their proof of the almost sure central limit theorem. Michael Lacey was at UNC for a year before moving once more to a position at Indiana University in Bloomberg, where he stayed for seven years.

While employed at Indiana University, Michael continued the pursuit of his own academia and received the National Science Foundation Postdoctoral Fellow in 1990. He began to study the linear Hilbert transform during this fellowship. This was part of a problem worked on by another mathematician, and Michael Lacey solved this with a colleague in 1996. They were awarded a Salem Prize for their work.

1996 is also when he left Indiana University and began his career at the Georgia Institute of Technology. He began there as an associate professor and worked his way to a full tenured professor.

While tenured there, he received a Guggenheim Fellowship in 2004, and he also became a fellow of the American Mathematical Society. He has written many proofs and papers throughout his career, and he is a professor held in high regard among his students.

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