Luiz Carlos Trabuco Cappi Takes Dual Roles of President and CEO – Who’s Up Next?

Few people work until they’re 91 years of age. Not many employees work for the same entity for 75 years. It’s rare to find businesses operate for 74 years without hiring more than two presidents to head their organizations.https://www.youtube.com/watch?v=3xDktJglYEQ

Lazaro de Mello Brandao and Banco Bradesco SA fit the bill for these three sentiments. Unfortunately, Bradesco will soon lose Mr. Brandao.

Lazaro Brandao, a 91-year-old Brazilian banking executive, is slated to retire from his post at Banco Bradesco in coming weeks. Luiz Carlos Trabuco Cappi, the bank’s Chief Executive Officer, will take on the role of President until a new CEO is named in March of 2018. Mr. Trabuco will transition into the sole role of President when a chief executive is selected.

Unnamed officials within Banco Bradesco’s ranks have indicated that seven candidates are under consideration for CEO:

  • Mauricio Machado de Minas – This executive is over the IT department at Bradesco and was hired in 2009. He has a lengthy career in information technology and was responsible for Next, an exclusively-digital bank founded several years ago as a spinoff from Bradesco.
  • Alexandre da Silva Gluher – Mr. Gluher, just like the following candidate, was heavily involved in acquiring HSBC Holdings’ retail unit in Brazil. Mr. Gluher was hired in 1976 and is currently the bank’s Chief Risk Officer.
  • Domingos Figueiredo Abreu – Hired in 1981, Mr. Abreu is responsible for consumer and business lending functions and Bradesco’s treasury.
  • Josue Augusto Pancini – Mr. Pancini works primarily with high-dollar accounts and coordinates Bradesco’s network of banks across the Portuguese-speaking country of Brazil. He was hired in 1975.
  • Marcelo de Araujo Noronha – Mr. Noronha joined Bradesco in 2003 and is the lead executive of Bradesco BBI, the bank’s I-banking division, and the issuance of credit and debit cards.
  • Octavio de Lazari – Mr. Lazari is the lead executive of Bradesco Seguro, the bank’s insurance department. He was first hired in 1978 and is a relatively recent addition to Bradesco’s executive team.
  • Andre Rodrigues Cano – Responsible for human resources at Bradesco, he’s also a recent addition to higher management. Mr. Cano was hired in 1977.

Luiz Carlos Trabuco Cappi made clear that Bradesco would hire a candidate from within the ranks of the bank’s upper managerial team.

Lazaro Brandao is to credit for promoting existing employees to higher ranks, rather than bringing in talent from external sources. Mr. Trabuco himself was promoted to CEO from an executory position at Bradesco Seguro in 2009.

Mr. Trabuco is known closely around financial market circles in Brazil for heading the acquisition of HSBC Holdings’ Brazilian assets. Some believe that Gluher and Abreu may lead the race for CEO because of their involvement in spearheading HSBC Holdings’ acquisition. However, it’s safe to say nobody other than Luiz Carlos Trabuco Cappi and the bank’s board of directors has an idea of who will be promoted.

Luiz Carlos Trabuco Cappi went to the University of Sao Paulo, earning a degree in Philosophy from the Faculty of Philosophy, Letters, and Human Sciences. Mr. Trabuco then entered a postgraduate program at the Foundation School of Sociology and Politics of Sao Paulo. Mr. Trabuco had originally moved around 300 miles from his hometown of Marilia to Osasco, Sao Paulo, to attend school. However, after finishing these two college degrees, Mr. Trabuco moved the 300 miles back to his home in Marilia.

He immediately found work at Bradesco in 1969 as an 18-year-old. Mr. Trabuco is slated to be the President of Bradesco for many years to come.

Adam Goldenberg is Rocking the World of Online Shopping and the Fashion Industry

Adam Goldenberg has been a successful entrepreneur and businessman from a very age. He founded his first company, an online bulletin service, while still in high school. After turning it into a gaming website called Gamer’s Alliance, it was acquired by Intermix Media. Goldenberg signed on with Intermix and became the Chief Operating Officer (COO) at the age of 19. While at Intermix, Goldenberg met another entrepreneur, Don Ressler and the two teamed up to become a very dynamic duo.

One of Adam Goldenberg’s success stories is as co-founder of JustFab. The philosophy behind the company is a subscription based fashion merchandising operated online. The site brings members the best in quality fashion at incredible affordable costs. After building membership to more than 4 million active members, and offering more 60 million products in more than 10 countries, JustFab changed their name to TechStyle Fashion Group.

The change in name is intended to reflect and reinforce the company’s technology roots. The name change also captures the essence of the company and what the entity has grown into. Since the company is driven by membership personalization and data, the name change was not totally unexpected.

Read more: TechStyle’s data-driven fashion – CNBC Video

Goldenberg and TechStyle Fashion Group have been called a “unicorn.” A unicorn, according to business standards, is a start-up that has reached $1 billion in value. According to Goldenberg, being considered a unicorn is a sort of validation that the TechStyle team is building a valuable asset. The designation certainly does not change the way the company operates and does business on a day to day business. While Adam Goldenberg does admit some companies are overvalued, but if they keep up with the current market trends and pay attention to the wants and needs of the consumer, they will eventually grow into their evaluation. If those entities do not pay attention to market trends and the wants and needs of the consumer they will fade away while trying.

Under Goldenberg’s leadership, TechStyle is definitely taking advantage of the way consumers shop. Shopping online is becoming a way of life for those consumers who would rather not take the time to visit a store. While brick and mortar entities will always exist, and Goldenberg has opened several with more on the way, it is the online experience that he is building into a blockbuster success according to.

Goldenberg sees online shopping as an always expanding industry and he is staying on the forefront with very savvy business decisions, such as the name change and a determined and dedicated staff that continue to work with reckless abandon to keep the company growing.

Learn more about Adam Goldenberg: http://www.builtinla.com/member/adam-goldenberg

An Expensive Bet

In an Article published on CNBC.com, Timothy Armor writes about how Warren Buffet is opposed to the short term investing mindset. We all know Warren Buffet as the legendary investor who has pledged billions of dollars to charity. He has recently made a bet of $1 million against a team of hotshot young investors.

He wants to teach them a lesson by showing them he can beat their hedge funds through using the passive index of the S&P 500. Buffet has long been a proponent of the idea that investments should be held onto for many years. Those who use this strategy benefit more over the long term. It is also very smart to save money for retirement according to Warren Buffet. Get your money in the market, and keep your money in the market if you want to live comfortably when you are older. They don’t call him an investing oracle for nothing.

Timothy Armor is betting that the hotshot young investors have bitten off more than they can chew in this case and that Buffet will soundly thrash them in the indexes. Still, the $1 million wager is not a big deal to a man who possesses billions.

Tim is no lightweight in the world of investing either. He has worked for 34 years as a financial analyst. He began his career in The Associates Program at Capital Group. Now, he is the head of the company, holding the position of Chief Executive Officer. He also holds positions on the board of directors for the company. Tim has made service companies and telecom companies his specialty. He studied economics and got a degree from Middlebury College. He is a native of the city of Los Angeles and seems to really enjoy life there.

From the start of his career, Tim was recognized as someone with great potential. and he continues to distinguish himself at Capital Group.

Learn more about Timothy Armour: http://www.pionline.com/article/20151014/ONLINE/151019956/capital-group-samsung-asset-management-form-strategic-partnership-in-korea

Lori Senecal: Paving The Way For Crispin Porter + Bogusky’s International Ventures

Lori Senecal is a person who has made her mark in the advertising industry. As the global CEO of Crispin Porter + Bogusky, Lori’s efforts to make Crispin Porter + Bogusky a success have been showcased umpteen number of times. As of right now, she holds the position of the power for the advertising company.

Lori Senecal has done more for the Crispin Porter + Bogusky than anyone could imagine. She has managed to take the company to new heights and has managed to establish the name of Crispin Porter + Bogusky as an international advertising agency that is capable of creating quality advertisements which are of an international standard, keeping in mind the local advertising trends.

Lori has immense knowledge in the field of publicity. Since becoming CEO, she has managed to lead Crispin Porter + Bogusky in a direction that is extremely favorable to their growth. At Crispin Porter + Bogusky, Lori is tasked with overlooking all the operations of the company.

Lori has been recognized by numerous organization for her exceptional leadership skills and has gone on to win numerous awards for her excellence in the field of advertising. She was awarded the ‘Creativity Innovators of the Year’ award for her work in the area of publicity. In 2016, Lori was given the title of the ‘Executive to watch’, a title given to only four people each year. It’s no doubt that Lori’s efforts have led Crispin Porter + Bogusky in a direction designed to make them one of the top advertising agencies in the country.

Lori has always been someone who seeks ways to break out of the ordinary and be her person, all while achieving her goals. Lori received a degree in business from McGill University in Montreal before she decided to venture out into the world of advertising.

Lori has had some her articles and works published in numerous newspapers like the NY Times, magazines and websites. One of her more well-known pieces would have to be ‘Clueless Or Subtly Strategic? What Brands Can Learn From Wayward Celebrities’. This is one article that people in advertising saw as a revolutionary means of branding a product. In the article, Lori talks about how brands must adopt the same publicity techniques that celebrities use, to create maximum recall among customers.

Follow Lori on Twitter.

Reference: https://www.c-span.org/person/?lorisenecal