The stage was set a year ago when publishers of the T-P (Advance Publications, owned by New York’s Newhouse family and ranked 46th largest private U.S. company by Forbes) announced plans to cut frequency, leaving New Orleans the only major U.S. city without a daily newspaper. Civic leaders and loyal readers united in a widely publicized protest that made national news. Georges himself even offered to buy the T-P to keep it daily. Meanwhile, Advocate Publisher David Manship expanded into New Orleans and quickly built a daily subscription base of 22,000, providing the enterprising, civic-minded Georges an attractive acquisition option. Since the purchase was announced in early May, Louisiana’s newest publisher has hired some of the top journalists in the state, including some former T-P headliners, and on June 25 announced a content partnership with WWL TV in New Orleans that will increase the scope of content on air, online and in print for the two entities, particularly in the areas of investigative reporting and sports. The businessman-turned-publisher is clearly advancing an aggressive strategy.
Georges, a second generation Greek American and Tulane grad, worked his way up through the family business founded by his immigrant grandfather. Under his leadership, Imperial Trading grew from a small local operation into an industry leader that operates in a dozen states and employs 750. Georges now serves as CEO of Georges Enterprises, a billion-dollar Louisiana conglomerate that also includes Harrison Company of Bossier City and Galatoire’s of New Orleans. Georges, who has a distinguished record of public service, was a candidate for governor in 2007 and for mayor of New Orleans in 2010.
The luncheon is produced annually by IND Monthly sister publication ABiz to honor the CEOs of the region’s top 50 privately held businesses, as determined by reported gross revenues, and eight publicly traded, locally domiciled companies.
The law firm of Allen & Gooch returns as a presenting co-sponsor for this event. “Through the years, we at Allen & Gooch have had the privilege of working directly with many of Acadiana’s top businesses,” says managing partner Clay Allen. “This puts us in a front row seat to observe the innovation, work ethic and the bold vision that is the hallmark of our region’s economic leadership. We congratulate the Acadiana Top 50 businesses, along with their publicly traded counterparts, for their corporate citizenship and their role in our region’s economic vitality.”
Whitney Bank is also a legacy sponsor for this event. “On behalf of our directors, officers and employees, I would like to congratulate all the top 50 recipients. Their contributions to our local economy are greatly appreciated,” says market President Duayne Richard.
“Throughout the Whitney/Hancock footprint, from Texas to Florida, it is my observation that Lafayette and the Acadiana region are by far the most entrepreneurial area, contributing to our amazing growth and prosperity. For us at Whitney Bank, that growth is evidenced in part by the construction now under way on our new regional office in River Ranch, which will open next year. We look forward to expanding our ability to service the community’s financial needs.”
Additional sponsors include Frank’s International and The Pinnacle Group. The Acadiana Economic Development Council will also announce the winner of the 2013 Acadiana Honors Award, as is custom at this event every year. Alford, Staples, Lapeyre & Robichaux Insurance rounds out the group as a table sponsor.
newsy bits for the fam
Festival International de Louisiane is right around the corner — April 23-27 — and IND Monthly’s second annual Fest fIND contest is along for the ride.
Acadian rep notifies would-be supporters that an April 25 fundraiser for the embattled U.S. rep won’t go on as planned.
Georgia-based fried chicken chain would go up against Raising Cane’s, Chick-fil-A and others (like the Popeyes near its proposed location).
While it isn’t all too unusual for public bodies to have hired security present during meetings, the LPSB’s push to do so is arguably a response to the antics of one board member.
“I’m running. Why would I be raising all this money? Just to have to return it to people?”
With incumbent U.S. Sen. Mary Landrieu watching from afar, and with a united Democratic Party in her corner, the fight to get the GOP officially behind Congressman Bill Cassidy is gaining just as much momentum as it is hushed controversy.
Acadiana's nightlife guide.
15th Judicial District Judge Durwood Conque has announced that he will not seek re-election after 27 years on the bench.
The perfect color for Easter Sunday
The controversial standardized tests are set to be used in third-grade through eighth-grade public school classrooms next year.
The Louisiana Senate has agreed to prohibit unmanned aircraft from flying over chemical plants, water treatment systems, telecommunications networks and other items considered "critical infrastructure" in Louisiana.
A Scott businessman has pleaded guilty to failing to report a conspiracy to award Opelousas Housing Authority construction bids to his company.
It didn’t take long for KATC TV 3 to jump all over the news of a dead body found in Girard Park, but in its rush to produce headlines, the local TV station got sloppy.
Egg-citing ideas for sharing at family gatherings
Tuesday's Blogs from the Bog!
Here's your daily look at late-breaking national and international news, upcoming events and the stories that will be talked about Tuesday, April 15, 2014:
An unholy trinity of civil-society upheavalers whose first names are not Conner, Tanner or Logan are facing charges in Eunice.
Now that lawmakers have shot down efforts to cap annual interest rates for payday loans, supporters for stricter regulations of the storefront lenders are rallying behind another strategy.
The Appropriations Committee held public testimony day, letting people talk about what they like or don't like about Gov. Bobby Jindal's budget recommendations for the 2014-15 fiscal year that begins July 1.
Court-appointed examiner says Lafayette businessman was “effectively on both sides” of transactions, opens door for legal action against him.
Acadiana's nightlife guide.
Lafayette-based insurance broker/risk management group bought by Florida firm for undisclosed sum; principals Landry and Harris continue to run local operations.
Lafayette police are investigating the death of a 21-year-old woman whose body was found early Sunday in a drainage ditch in Girard Park.
Former Grant parish District Attorney Ed Tarpley says he's running for the U.S. House seat currently held by Republican Vance McAllister of Swartz.
Louisiana-Lafayette got strong starting pitching and timely hitting to hold off Arkansas-Little Rock 6-3 in Sun Belt Conference baseball in Lafayette, La.
The life and legacy of Dave Perkins will be commemorated with a special INDesign Lifetime Achievement Award as part of the 2014 event on April 24.
Easy crafts in time for Easter
The Cane Fire Film Series presents “The Great Flood” on Monday, April 14, at the AcA.