Tag Archives: new york

Ervin Johnson Investment Fund

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Over the past 20 years, however, Johnson has proven he has the acumen for more than hoops.

Beverly Hills, Calif.-based Magic Johnson Enterprises now owns or operates gyms, Starbucks coffee shops, Burger Kings, movie theaters and other businesses in 85 cities across 21 states. His Canyon-Johnson Investment Fund has been behind nearly $4 billion in urban revitalization projects that resulted in the creation of 4.5 million square feet of retail and commercial space.

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John Thompson Chairman of Microsoft

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John W. Thompson joined the Microsoft Board in February 2012 and became independent chairman of Microsoft Corporation on Feb. 4, 2014.

Thompson is the chief executive officer of privately held Virtual Instruments, whose products are designed to ensure the performance and availability of applications deployed in virtualized and private cloud computing environments. Thompson is also the former chairman and CEO of Symantec Corp.

Since 2009, Thompson has been an active investor in early-stage technology companies in Silicon Valley.
During his 10-year tenure as CEO of Symantec.

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David Drummond Chairman Google Capital

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David Drummond currently serves as senior vice president of corporate development for Alphabet. He previously served as senior vice president of corporate development and chief legal officer of Google. He joined Google in 2002 and led global teams for legal, public policy, communications, corporate development/mergers and acquisitions, and product quality operations.

He also serves as chairman of Google’s investment arms, Google Ventures and Google Capital. David was first introduced to Google in 1998 as a partner in the corporate transactions group at Wilson Sonsini Goodrich and Rosati, one of the nation’s leading law firms representing technology businesses. He served as Google’s first outside counsel and worked with Larry Page and Sergey Brin to incorporate the company and secure its initial rounds of financing. David earned his bachelor’s degree in history from Santa Clara University and his J.D. from Stanford Law School. He serves on the board of directors of Uber Technologies, Inc., KKR & Co. L.P., and Rocket Lawyer Inc.

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Kenneth Chenault: CEO American Express

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Kenneth Irvine Chenault (born June 2, 1951) is an American business executive. He has been the CEO and Chairman of American Express since 2001.[1][2] He is the third African-American CEO of a Fortune 500 company.While CEO of American Express in 2007, Chenault earned a total compensation of $50,126,585.

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Merrill Lynch: Willie Thomas named San Francisco complex director

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Bank of America’s brokerage unit Merrill Lynch said it appointed former professional football player Willie Thomas as complex director at its San Francisco office.

Thomas, who has more than 20 years of financial experience, will lead about 160 financial advisers working with wealth management clients in the San Francisco Bay area. (Reporting by Anya George Tharakan; Editing by Siddharth Cavale)

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Kase Lawal: Not your average oil baron

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(CNN) — Nigerian-born entrepreneur Kase Lawal is the epitome of the American dream. Arriving to the US a young, idealistic student, Lawal has carved a name for himself in one of the most competitive industries in the world: Oil.

Now head of a multi-billion dollar empire, his Houston-based company, CAMAC, is one of the largest black-owned businesses in the U.S., generating over $2 billion dollars a year.

Founded nearly 25 years ago, Lawal built CAMAC (which stands for Cameroon-American) from a small agriculture business into a global oil company. But it’s taken a lot of hard work, determination and guts to get him to the top.

Born and raised in Ibadan, Nigeria in 1954, Lawal became interested in America and its civil rights movement during his teens. After finally persuading his father, a local politician, to send him to university in America, Lawal headed to Georgia and then Houston, where he attended the Texas Southern University.

After graduating with a Bachelor of Science in chemical engineering in 1976, Lawal, like many of his classmates, started out as a graduate in the energy industry. First as a chemist for Dresser Industries (now Halliburton) and then as a chemical engineer with Shell Oil Refining Co.

During this time he met his wife, Eileen through a mutual friend and had his three children.

Now married and settled, it wasn’t long before the innovative young Nigerian started to implement his business ideas.

In 1986 he established CAMAC, a company trading agricultural commodities such as sugar, tobacco and rice. In the early 90s he made the leap into the energy sector after the Nigerian government started to develop its energy market.

With his knowledge of Nigeria and his Houston address, Lawal was ideally positioned to attract major oil companies. In 1991 CAMAC made a deal with the oil giant Conoco, agreeing to jointly operate and share production from any Nigerian discoveries.

This turned out to be Lawal’s big break.

With his political contacts, local market knowledge and now with the backing of a major oil firm, Lawal’s Houston-based company became an instant player in the energy industry.

As Lawal told CNN: “That partnership I believe was the cornerstone of the CAMAC that you know today. Subsequently with that credibility and the advantage of partnering with Conoco, we were also able to partner with BP and also with Statoil of Norway and currently we have made a partnership with Eni, the largest Italian company, which is one of the top five oil companies in the world.”

Now CAMAC has offices in London, Johannesburg, Lagos and Port Harcourt, Nigeria and is involved in oil exploration, refining and trading.

He was awarded the USAfrica Business Person of the Year in 1997 and in 2002 CAMAC was named the largest African-American owned company on the Black Enterprise 100s list.

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Denise Scott: Executive Vice President programs Local Initiatives Support Corporation

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Denise Scott is Executive Vice President in charge of programs for the Local Initiatives Support Corporation (LISC), the nation’s largest nonprofit focused on revitalizing distressed communities.

With three decades of experience in community development, Ms. Scott leads LISC’s neighborhood investment efforts in 30 cities and rural areas in 39 states.

Prior to joining LISC, Ms. Scott spearheaded a range of public and nonprofit initiatives with the U.S. Department
of Housing and Urban Development, the Upper Manhattan Empowerment Zone Development Corporation, the New York City Urban Coalition, the New York City Mayor’s Office of Housing Coordination and the New York City Department of Housing Preservation and Development.

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