Michael Angelakis, Comcast's CFO, is leaving to start a new investment company with $4.1 billion in capital commitments, including $4 billion from Comcast and at least $40 million personally. The new firm will make larger investments than Comcast's existing venture arm, focusing on later-stage businesses globally. Angelakis will receive $8 million annually as CEO of the new company and remain a senior adviser to Comcast during the transition period as it integrates its planned acquisition of Time Warner Cable.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
On August 20 2020, Institutional Investor Research held a quarterly Speaker Series with Tracy Gopal of Third Arrow Strategies. This Speaker Series was launched in Japan in 2020 with the aim at being in front of the corporate clients and their respective C- level and IR departments in between Award Dinners, Polling and the results. We originally had reached out to a local broker to partner with us and they put the question out to their banking clients who confirmed our thoughts; More in-depth information about ESG, Activism and with the uncrossing of shareholding in Japan, CFOs want to know what investors are most interested in as they do not want to be caught out in once was a very amiable shareholders setting.
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
On August 20 2020, Institutional Investor Research held a quarterly Speaker Series with Tracy Gopal of Third Arrow Strategies. This Speaker Series was launched in Japan in 2020 with the aim at being in front of the corporate clients and their respective C- level and IR departments in between Award Dinners, Polling and the results. We originally had reached out to a local broker to partner with us and they put the question out to their banking clients who confirmed our thoughts; More in-depth information about ESG, Activism and with the uncrossing of shareholding in Japan, CFOs want to know what investors are most interested in as they do not want to be caught out in once was a very amiable shareholders setting.
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
Some ideas on the absence of Requirements Engineering practises in many Agile Requirements Engineering set-ups.
Proudliy presented at the @ImmoScout24 Agile #PechaKucha Night 2015.
Parallelen im Einsatz von Frameworks und Tool in der Webentwicklung und der Agilen Software Entwicklung. Gute und schlechte Gründe für die Auswahl und den Einsatz von Hilfsmitteln.
Power Plant Performance/Efficiency Monitoring Tool -
Especially for them who really want to work with Efficiency monitoring, This Spread sheet include Boiler Efficiency (ASME PTC 4.0, 2008), Turbine Efficiency (ASME PTC 6.0, 1998), APH Performance (ASME PTC 4.3), Auxiliary Power Consumption (APC) moreover it generate plant MIS As well as complete report.
If you want to download in Spreadsheet/excel format.
http://www.scribd.com/doc/157799307/Power-Plant-Performance-Efficiency-Monitoring-Tool
ज्ञान प्राप्त करने के तीन तरीके है. पहला चिंतन जो सबसे सही तरीका है. दूसरा अनुकरण जो सबसे आसान तरीका है और तीसरा अनुभव जो सबसे कष्टकारी है ~ कन्फ्यूसियस
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
Missouri Can Company (A Hypothetical company) The Miss.docxraju957290
Missouri Can Company
(A Hypothetical company)
The Missouri Can Company (MCC) was a firm with a long and uneven history. At one time or
another it had been a competitor in more than two dozen industries with varied success. Each of
the several CEOs had developed a different strategy and over the decades the firm had had many
manifestations. The only real constant in MCC’s strategy had been a commitment to the
packaging business in its several forms. But, even in this business there had been any number of
changes in direction which diluted the impact of capital spending and had the effect of MCC
never achieving a strong position in any of the packaging segments although, briefly, in the early
years MCC’s total packaging revenues made it the largest packaging company in the world. The
lack of a competitive advantage in any of the large packaging segments resulted in MCC being
pushed into producing commodity products, which had them penned between powerful steel and
tinplate suppliers and powerful food and beverage producers as customers. Also, as its large
customers grew there was pressure for them, especially in the low margin food business, to build
their own packaging facilities, especially can plants. The long term effect of this was to cause
MCC’s packaging profitability to lag its better positioned competitors.
At one time or another, the company produced auto parts, electrical equipment, power
equipment, electric motors, metal alloys, airplane wings, furniture, appliances, communications
equipment, specialty chemicals, and consumer products, to name only the most important of its
many businesses. MCC also bought several regional retail chains. None of these businesses
worked out well and all were either sold or liquidated at a loss. The financial and human capital
devoted to these businesses was largely lost. Further, the problems they caused diverted capital
and management attention from better opportunities.
NEW STRATEGIES FOR THE COMPANY
Under still another new CEO, a management consensus had developed. The consensus was to (1)
reduce holdings in operations that fall short of performance goals or do not fit the long-term
strategy of the company, and a target of realizing $600-$700 million from the sale of such assets
was established, (2) reinvest these funds in areas promising profitable growth, (3) improve return
on equity over the long term as a consequence of this reinvestment strategy, and (4) strengthen
MCC’s balance sheet and credit standing. The new benchmarks for the firm included having a
well-balanced BCG matrix that considered fast growing industries to be those that were growing
at more than 10% per year. The end result would be a firm with four main businesses: financial
services, energy, packaging and forest products. The latter was primarily a paper, fiber drum, and
cardboard business that also generated about 25% of revenues from selling lumber and woo ...
This document brings together a set
of latest data points and publicly
available information relevant for
Business Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Technology Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
Pivotal Research Group LLC: Madison and wall 3 30-12Brian Crotty
Madison & Wall
A Recurring Review of Topics Affecting Advertising-Supported Media
March 30, 2012
Welcome to Pivotal Research’s “Madison & Wall”. The title refers to our work which
sits at the intersection between the advertising industry and the financial world. We
hope you’ll find these brief notes useful for their contrast to the hyperbole that
pervades much of the chatter at that location.
Some ideas on the absence of Requirements Engineering practises in many Agile Requirements Engineering set-ups.
Proudliy presented at the @ImmoScout24 Agile #PechaKucha Night 2015.
Parallelen im Einsatz von Frameworks und Tool in der Webentwicklung und der Agilen Software Entwicklung. Gute und schlechte Gründe für die Auswahl und den Einsatz von Hilfsmitteln.
Power Plant Performance/Efficiency Monitoring Tool -
Especially for them who really want to work with Efficiency monitoring, This Spread sheet include Boiler Efficiency (ASME PTC 4.0, 2008), Turbine Efficiency (ASME PTC 6.0, 1998), APH Performance (ASME PTC 4.3), Auxiliary Power Consumption (APC) moreover it generate plant MIS As well as complete report.
If you want to download in Spreadsheet/excel format.
http://www.scribd.com/doc/157799307/Power-Plant-Performance-Efficiency-Monitoring-Tool
ज्ञान प्राप्त करने के तीन तरीके है. पहला चिंतन जो सबसे सही तरीका है. दूसरा अनुकरण जो सबसे आसान तरीका है और तीसरा अनुभव जो सबसे कष्टकारी है ~ कन्फ्यूसियस
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
Missouri Can Company (A Hypothetical company) The Miss.docxraju957290
Missouri Can Company
(A Hypothetical company)
The Missouri Can Company (MCC) was a firm with a long and uneven history. At one time or
another it had been a competitor in more than two dozen industries with varied success. Each of
the several CEOs had developed a different strategy and over the decades the firm had had many
manifestations. The only real constant in MCC’s strategy had been a commitment to the
packaging business in its several forms. But, even in this business there had been any number of
changes in direction which diluted the impact of capital spending and had the effect of MCC
never achieving a strong position in any of the packaging segments although, briefly, in the early
years MCC’s total packaging revenues made it the largest packaging company in the world. The
lack of a competitive advantage in any of the large packaging segments resulted in MCC being
pushed into producing commodity products, which had them penned between powerful steel and
tinplate suppliers and powerful food and beverage producers as customers. Also, as its large
customers grew there was pressure for them, especially in the low margin food business, to build
their own packaging facilities, especially can plants. The long term effect of this was to cause
MCC’s packaging profitability to lag its better positioned competitors.
At one time or another, the company produced auto parts, electrical equipment, power
equipment, electric motors, metal alloys, airplane wings, furniture, appliances, communications
equipment, specialty chemicals, and consumer products, to name only the most important of its
many businesses. MCC also bought several regional retail chains. None of these businesses
worked out well and all were either sold or liquidated at a loss. The financial and human capital
devoted to these businesses was largely lost. Further, the problems they caused diverted capital
and management attention from better opportunities.
NEW STRATEGIES FOR THE COMPANY
Under still another new CEO, a management consensus had developed. The consensus was to (1)
reduce holdings in operations that fall short of performance goals or do not fit the long-term
strategy of the company, and a target of realizing $600-$700 million from the sale of such assets
was established, (2) reinvest these funds in areas promising profitable growth, (3) improve return
on equity over the long term as a consequence of this reinvestment strategy, and (4) strengthen
MCC’s balance sheet and credit standing. The new benchmarks for the firm included having a
well-balanced BCG matrix that considered fast growing industries to be those that were growing
at more than 10% per year. The end result would be a firm with four main businesses: financial
services, energy, packaging and forest products. The latter was primarily a paper, fiber drum, and
cardboard business that also generated about 25% of revenues from selling lumber and woo ...
This document brings together a set
of latest data points and publicly
available information relevant for
Business Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set of latest data points and publicly available information relevant for Technology Industry. We are very excited to share this content and believe that readers will benefit from this periodic publication immensely.
Pivotal Research Group LLC: Madison and wall 3 30-12Brian Crotty
Madison & Wall
A Recurring Review of Topics Affecting Advertising-Supported Media
March 30, 2012
Welcome to Pivotal Research’s “Madison & Wall”. The title refers to our work which
sits at the intersection between the advertising industry and the financial world. We
hope you’ll find these brief notes useful for their contrast to the hyperbole that
pervades much of the chatter at that location.
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Financial Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Financial Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Financial Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Business Services Industry. We are
very excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
Similar to Comcast Creates new Venture Firm with Former CFO (20)
1. (Bloomberg) -- Comcast Corp. is creating a new company with Chief Financial
Officer Michael J. Angelakis that will focus on investments in growth
businesses aroundthe world.
The new firm will have capital commitments of as much as $4.1 billion, with
$4 billion coming from Philadelphia-based Comcast. Angelakis, 50, who
joined the largest U.S. cable company in 2007, will invest at least $40 million
personally, according to a statement today.
Technology giants like Cisco Systems Inc., Intel Corp. and Google Inc. have
used venture funds to reap financial returns while also incubating startups
focusedon promising new technologies and businesses. In this case, Angelakis
may have sought a career move at the same time Comcast was looking for
investment opportunities, said Andrew Hamerling, a money manager at
Wavelength Asset Management LLC, which owns shares in Comcast and Time
Warner Cable.
The CFO, who will remain a senior adviser when a successoris found, is taking
a new role while Comcast still awaits regulatory approval for its $45.2 billion
plan to buy Time Warner Cable Inc. Angelakis will assist with the transition to
the new finance chief and begin the integration process for the Time Warner
Cable deal.
“Michael is highly respected on Wall Street for both his financial and strategic
capabilities,” said Paul Sweeney, an analyst at Bloomberg Intelligence. “The
financial backing from Comcast appears to be a very attractive opportunity for
him.”
The new firm will make much larger investments than Comcast’s existing
venture capital arm, Comcast Ventures, which typically spends as much as $15
million on early-stage companies, said a person familiar with a plan who asked
2. not to be identified because the matter is private. Angelakis will look for later-
stage businesses both in the U.S. and internationally, the person said.
The shares fell 0.3 percent to $56.47 at the close in New York. They’d dropped
2.4 percent through Monday, as the Standard & Poor’s 500 Index gained 1.3
percent.
Exclusive Partnership
The new company will have an exclusive, 10-year partnership with Comcast as
sole outside investor.
Angelakis, who is deputy chairman of the Federal Reserve Bank of
Philadelphia, will get annual compensation of $8 million as chief executive
officer of the new company, and $100,000 as Comcast’s senior adviser,
according to a filing. Before joining Comcast as co-CFO eight years ago, he was
a managing director at Providence Equity Partners, a private equity firm
investing in technology, media and communications businesses.
“The ability to establish entrepreneurial ventures that partner with and
participate in the growth of innovative companies can be an important driver
of strategic and financial value creation for ourcompany,” Comcast Chief
Executive Officer Brian L. Roberts said in the statement.
Angelakis is moving on as the pay-TV industry goes through disruption. With
more video programming being offered through online services like Netflix
and Amazon, the numberof Americans signing up for traditional packages of
dozens of channels is slowing. And companies including Dish Network Corp.
are furtherthreatening the model with cheaper Web offers.
3. Comcast, which also owns NBC broadcast network, cable networks like USA,
the Universal film studio and a stake in Hulu, has meanwhile been ramping up
its broadband offerings to fuel sales growth.