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.
Newcomer to Top 50 among five companies selected for Naval contract
INDstyle 2014 brings down house
Despite sweeping changes enacted by Gov. Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year.
The LPSB races are sure to get heated between now and Nov. 4, and with only 9 available seats, this year's field of 20 candidates will surely be wanting to set themselves apart from the crowd early; they'll get their chance next week, starting Tuesday with the kick-off of a three-day series of candidate forums.
Lawmakers say they've received complaints that waits have spiked, with people being forced to wait in line for more than an hour — and sometimes three hours — to handle routine tasks.
Both sets of figures — adjusted to cancel out seasonal changes — were released by the U.S. Labor Department.
Texas declined by five rigs, West Virginia dropped three and Louisiana was down two.
The campaign announced that Rep. Stuart Bishop of District 43 and Nancy Landry, District 31, have thrown their support behind the Naval Academy graduate and entrepreneur in his bid to unseat current Hunter Beasley in District 8.
Three bedroom patio home or three bedroom traditional
Acadiana's nightlife guide.
Ramsey Morein prepares an old Cajun classic also known as chaudin in this latest episode of filmmaker Stephen Meaux's culinary series.
A Lafayette man with an alleged taste for child porn was busted Thursday evening during a cyber crime sting launched by the Attorney General’s Office.
We’re in the second year of the second term of the first black president of the United States. And so it might seem that as Americans, as a nation, we have come a long way. And perhaps we have. But the recent killing of Michael Brown in Ferguson, Mo., left me angry and sad. Here we go again, I thought.
U.S. Rep. Vance McAllister says his chief of staff is on temporary leave after being booked with drunken driving.
A federal appeals court in New Orleans has upheld a federal safety board's right to investigate the role of Transocean Deepwater Drilling Corp. in the 2010 Gulf of Mexico oil disaster.
It was a rare moment in Congress this week as Republicans briefly put aside partisanship in support of President Barack Obama's request to train and arm Syrian rebels, and while a number of Democrats opposed the measure, Louisiana's Democratic Sen. Mary Landrieu found herself on the same side of the issue as her Republican challenger Rep. Bill Cassidy.
Home Depot breach bigger than Target; Alibaba IPO could be big; Rivers' last project and more national and international news for Friday, September 19, 2014.
Friday's Blogs from the Bog!
In what world does it make sense to balance the budget for a public school system by cutting schools from the poorest neighborhoods?
A supporter of a lawsuit against the oil industry has been re-nominated to a seat on a south Louisiana flood control board despite opposition from Gov. Bobby Jindal.
City-Parish President Joey Durel is asking the council to sign off on a resolution approving a pair of deals that would lead to razing the seedy Lesspay Motel at Four Corners to build a new police substation as well as transforming nearly a block Downtown where the old federal courthouse building now molders into a mixed-use development.
Two bedroom cottage or four bedroom traditional
D.A. Mike Harson gets a gift from a federal judge as he tries to hang onto his job.
Acadiana's nightlife guide.
The eclectic beauty of modern, prints, boho
In 2013, the IRS — already the least popular governmental agency in the country — became the target of intense investigations after it was revealed that they had specifically and improperly scrutinized applications for tax-exempt status from organizations associated with the nascent Tea Party movement.
The nominating committee for the Southeast Louisiana Flood Protection Authority-East was set Thursday to nominate applicants for two people on the board whose terms have expired.
Improving the running game was "a point of emphasis" during the offseason and the results have manifested themselves in the form of substantially greater production.
Louisiana's health department said Wednesday that its evaluation of the state's Medicaid privatization was on target, despite criticism from the legislative auditor that it lacked key data and contained inconsistencies.
Restaurant could see ‘a little facelift,’ Bobby Butcher tells Daily Report.