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.
Casual cool for Thanksgiving
Shop Lafayette goes strong
The fight to clean up Lafayette Parish could get some added ammunition with two ordinances up for votes Tuesday by the City-Parish Council targeting litter-bugs.
A divided 3rd Circuit Court of Appeal reversed a Lafayette district judge’s ruling absolving the co-owner of a New Iberia accounting firm of liability in an embezzlement case.
Our View: It’s reasonable, temporary and invests in Lafayette’s future.
Acadiana's nightlife guide.
By striking a deal to lessen the blow of health insurance changes on state workers, school employees and retirees, Gov. Bobby Jindal's administration lowered the volume of criticism but gave itself and local school boards a new budget headache.
With the airport tax coming up for a parishwide vote in about a week, the Broussard City Council and its mayor have come out in support of the proposal.
Protesters rallied peacefully in several Louisiana cities in the wake of the Missouri grand jury decision not to indict a police officer in the fatal shooting of Michal Brown.
Three bedroom in Port Barre or two bedroom in Opelousas
US cities bidding on Olympics; Guard prevents more Ferguson riots; storm threatens travel and more national and international news for Wednesday, November 26, 2014.
Wednesday's Blogs from the Bog!
The U.S. rep billed LSU for work allegedly performed on the same days Congress voted on major legislation and held important committee hearings on energy and the ACA.
“I am only getting a little nervous about two projects — the proposed Sasol GTL facility [not the new ethylene plant] and the proposed G2X facility — both in Lake Charles. They need a hefty difference between oil and natural gas prices to make sense.”
Abysmally low participation by the public has prompted the council to scuttle the 2014 survey with plans to simplify it and try again next year.
The village now says the ordinance will likely be overturned and authorities will more vigorously enforce existing leash laws.
Lower oil prices also might slow the growth of oil production in parts of the U.S., Canada and elsewhere because it will no longer be so profitable.
Bill Cassidy cast an early ballot Tuesday, seeking to draw renewed attention to a race that has fallen off newspaper front pages and away from people's minds as they plan holiday meals and shopping schedules.
A Lafayette woman faces up to 20 years in prison for running up more than $1 million in unauthorized charges to her company credit card.
Signs that our state’s banking industry is undergoing a downsizing in 2014 were further confirmed today with the FDIC’s latest figures showing a third straight quarter in which Louisiana lost more banks and earned less money.
Acadiana's nightlife guide.
State police say a 47-year-old Lafayette man, who collected more than $83,000 in disability benefits, is accused of operating two businesses out of his home at a time when he claimed he had no income.
Battered all night by Baltimore's relentless pass rush, Drew Brees could feel his protection collapsing and Terrell Suggs getting ahold of him as he urgently unloaded a pass to the right flat toward tight end Jimmy Graham.
After a convincing defeat at the polls on Nov. 4, Earl “Nickey” Picard has decided to let bygones be bygones with his former right-hand man Brian Pope, announcing his support for his former employee’s runoff bid to become Lafayette’s next city marshal.
Saturday the athletic department did everything possible to ensure the 2014 Ragin’ Cajun seniors remembered fondly their last home game. Rain and lightning never arrived but turbulence did in the form of the Appalachian State Mountaineers.
Even stranger than the Republican Party’s decision to hold a “unity rally” earlier this month for Congressman Bill Cassidy in a Baton Rouge bar, Huey’s Bar, was the fact that the establishment was named after Louisiana’s most famous Democrat.
Bar Code is not a gay bar.
After failing to pass a medical marijuana bill last year, state Sen. Fred Mills, R-Parks, is telling supporters he will return in 2015 with legislation that focuses on different applications like oils and pills.
Voters, obviously, are not yet tuned into the 2015 ballot, despite the intriguing races it will host.
Acadiana's nightlife guide.