News
High Finance and Family-Friendly? KKR Is Trying | Wall Street Journal
KKR & Co. is undertaking an experiment intended to make high finance more family-friendly. Last year, the New York-based investment firm began offering new parents an unusually generous package of benefits. As one of the perks, for instance, the firm pays to fly nannies and infants on business trips during the baby’s first year. Employees…
8 Innovators Who Are Changing the Food and Spirits Game | Thrillst
Seeing as our country was formed by a group of dudes who decided to dream up their own government, it’s no surprise that the spirit of innovation is as American as eating an entire apple pie competitively. There’s Benjamin Franklin! And Thomas Edison! And Otto Frederick Rohwedder! And thanks to new tech, people are able…
Mount Vernon Triangle CID President & CEO, Kenyattah Robinson, Receives Prestigious Awards For Outstanding Professional Achievement And Community Commitment | PR Newswire
Kenyattah Robinson, President and CEO of the Mount Vernon Triangle Community Improvement District (MVT CID), has been recognized with two prestigious professional awards: the Wilbur Parker Distinguished Alumni Award for 2016 from the Johnson Graduate School of Management at Cornell University, and the President’s Award from the African American Real Estate Professionals in Washington, DC…
Dale Burnett’s Humble Foundation | American Builders Quarterly
As a first-generation American born to Jamaican immigrants in the 1970s, successful corporate executives were not part of Dale Burnett’s daily interactions, but a strong work ethic certainly was. Even though he grew up in inner city New York, Burnett’s parents were adamant when steering him away from self-defeating temptations and toward positive opportunities. “My…
RLJ Lodging Trust Announces the Appointment of Ross H. Bierkan and Leslie D. Hale | Hotel News Resource
Robert L. Johnson, Executive Chairman of RLJ Lodging Trust, announced that the Board of Trustees has appointed Ross H. Bierkan as President and Chief Executive Officer of the Company and Leslie D. Hale as Chief Operating Officer of the Company. In addition, Mr. Bierkan has been elected to the Company’s Board of Trustees. Mr. Bierkan…
Some Financial Firms Tackle Diversity Gap Head-On, Say They Can’t Afford Not To | Chicago Tribune
Natasha Granholm was a student at Robert Morris College when she got an unlikely foot in the door at PricewaterhouseCoopers. The accounting giant, which didn’t typically recruit at Robert Morris, had asked the school for help finding candidates to fill copy room positions, and Granholm, a top accounting student, was encouraged to apply. She told…
When Tragedy Struck, She Chose to Found Her Startup Closer to Home | Fast Company
Isa Watson grew up in Chapel Hill, North Carolina, in a close and loving home. She remembers gleaning two lessons in particular from her father and mother: “The clear value of hard work” and “the importance of doing the right thing,” she recalls. Her mother, Theresa, was a stay-at-home mom who was passionate about nonprofit…
TIAA-CREF Names President for New Real Assets Division | Pension & Investments
Jose Minaya was named president of TIAA-CREF’s newly created global real assets business division, a spokeswoman said. TIAA-CREF will move 900 employees and $100 billion in assets to the stand-alone business, which will operate within the firm’s global money management business. Its global real estate, agriculture, timber, infrastructure and energy teams, as well as subsidiary…
Morgan Stanley Just Announced 156 New Managing Directors | Business Insider
Morgan Stanley just released a list of its newest managing directors. This year’s list has 156 names, up from 151 last year. Thirty-three, or 21%, of the new MDs are women. That’s on par with last year, according to a Morgan Stanley representative. Fifty-four percent of the class works in the Institutional Securities — that…
Blackstone Gains from Banks’ Financial Crisis Pain | Wall Street Journal
In August, a Blackstone Group LP deal-making team gathered one day at 2:30 p.m. in a conference room overlooking Park Avenue to clink beers and celebrate the anniversary of the moment Blackstone signed papers to purchase its business. The team, which buys stakes in private-equity funds, was acquired from Credit Suisse Group AG in 2013…