Carlos Alberto De Oliveira Andrade Builds The Largest Automobile Company In Latin America

In the last few decades, CAOA has evolved into the most dominant company in the automobiles industry in Brazil and Latin America. It started off by acquiring dealership rights for different international brands such as South Korea’s Hyundai Motor Company before venturing into car manufacturing. Today, it commands authority in the sector has gained recognition by Good doer Company by IstoÉ Dinheiro magazine and Carta Capital magazine that have time and again referred to it as the Most Admired company in the country.

History of CAOA and Dr. Carlos

In 1979, Dr.Carlos, an experienced medical doctor, ordered a Ford Landau from the Ford Dealership in Campina Grande. Little did he know the company was just about to file for bankruptcy and it went under before delivering his prepaid order. He had to face one of the biggest challenges facing the Brazilian automobile industry at the time, poor management.

Determined to still get value for his money, Carlos Alberto de Oliveira Andrade decided to go after the entire dealership. He proposed that the bankrupt company be passed down to him as compensation for the financial losses suffered.

Consequently, he was granted all the rights and took over the Ford dealership under the name CAOA. Since then, his business acumen ensured that CAOA only became bigger and more successful by the day.

Raising the car dealer from the ground

In the years that followed, luck would swing in CAOA’s favor, particularly in 1992 when the Brazilian government allowed imported vehicles in the Brazilian market. CAOA acquired exclusive rights as the importers of the French brand, Renault. This boosted CAOA’s sales making the automobile company the first in sales.

Japenese Subaru followed six years later in 1998 as CAOA became the leading importer of the brand. In tandem, Hyundai followed in 1998 when CAOA acquired importing rights effectively competing out two other distributors already present in Brazil.

Decades later, CAOA is still the largest Ford dealership in Latin America and established a Hyundai plant in Agribusiness District of Anápolis (DAIA) of Brazil. The Hyundai CAOA Automobile Plant was built in 2007 at a cost of USD$600 million that Carlos Alberto de Oliveira Andrade paid for from his own pocket. Dr. Carlos says this was a lifelong dream and he is glad to have achieved it

How Kevin Seawright Became A Leader In The Baltimore Community?

An expert in managing the finances of municipalities and companies, Kevin Seawright is now using this knowledge to help first-time homebuyers in Baltimore who have faced challenges qualifying for a mortgage. He established RPS Solutions LLC which buys homes, renovates them, and sells them for affordable prices to people who want to own their first home.

He was a public finance leader for the city of Baltimore for over a decade. He began is his career in public service by working for the parks and recreation department. He worked to improve the quality of the city’s parks while deftly managing his department’s finances. He also managed the finances of the Baltimore public school system later in his career which included improving the district’s bussing and providing additional resources to school administrators. Find out more about Kevin at Market Insider.

He left public service and joined Washington D.C.’s Tito Contractors. He managed the multimillion-dollar budget that was used to build several housing projects. Kevin Seawright also worked for the Newark Community Economic Development Corporation as the CFO and V.P. where he successfully raised funds to build housing developments.

In May 2018, he was able to partner RPS Solutions with the National Community Stabilization Trust (NCST). This partnership is designed to accelerate the pace of low and middle-income people being able to buy homes in Baltimore. RPS Solutions can buy available residential properties in Baltimore before they are made available to purchases by the general public. These are homes that had been foreclosed on and vacant for an extended length of time.

Kevin Seawright has given back to the community of Baltimore in other ways as well. For Christmas 2017 he led a toy drive at the Christ Haven Pentecostal Church which also featured a luncheon free to the public. He brightened up the holidays for many families by providing gifts to children who otherwise might not have received any.

More Business News: http://alivenewspaper.com/2017/08/kevin-seawright-sees-big-things-for-new-jersey-real-estate-as-economy-grows/

 

Peter Briger Is On The Forbes Billionaire List

Peter Briger is a man of many talents when it comes to the financial industry. This industry veteran built up his financial knowledge and leadership skills at various universities, including Pennsylvania University and the prestigious Princeton University. Peter has a knack for unique strategies when it comes to investing, which has earned him a valuable reputation in the industry as well as a large fortune that he has built up over the years. Peter has more than 20 years of experience working in the financial industry, both in banking and investing. Today, Peter calls home to Fortress Investment Group, but throughout his career, he has worked at corporations such as Spearhead, Linktone, and Goldman Sachs. Peter Briger worked for Goldman Sachs for more than 15 years, expertise to lead Fortress to even greater levels of success.

Fortress Investment Group appointed Peter Briger as the Chief Executive Officer in 2017, the very same year that the company was bought by SoftBank Corporation for 3.3 billion dollars. Despite the transition, Peter was able to keep his position as was most of the management in order to maintain the integrity of the company’s business strategy and partnerships. Before taking up a position as CEO, Peter Briger was the head of Fortress Investment’s private equity and real estate departments, which made up a large part of the companies profits every year. Peter Briger Jr: Fortress Investment Group’s King of Debt

Peter has been tremendously successful through his position at Fortress, building his net worth to more than 2 billion dollars, placing him on the Forbes list of Billionaires at number 317. To this day, Peter has used his connections and financial success to get involved with the community in a positive way, mostly through charitable contributions. He has also taken up a position at a non-profit organizations known as the Tipping Point Community.

Visit his LinkedIn : https://www.linkedin.com/in/peterbriger