John Georges will be the keynote speaker for the 2013 ABiz Acadiana Top 50 Business Luncheon Wednesday, Aug. 28, at the Cajundome Convention Center at noon. The mega-successful New Orleans businessman stunned Louisiana newsmakers and political observers with his recent purchase of The Advocate, Baton Rouge’s respected daily newspaper, and swift moves to accelerate the battle for market share in New Orleans against the Pulitzer Prize-winning Times-Picayune. Observers from across the country are watching the story unfold against the backdrop of an industry experiencing major disruption.
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 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 cosponsor 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 theirrole 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, Pinnacle Group and Vidox Motion Imagery. 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.
Thinking himself the “son of God,” the man charged with the 2013 killing of an officer of the Chitimacha Tribal Police will not stand trial following a ruling Thursday on his mental competency.
Four hours after inviting supporters to a rally with Sen. Marco Rubio, Bill Cassidy claimed that Mary Landrieu “voted against stopping executive amnesty.”
Either Saints coach Sean Payton doesn't want to tip Baltimore off as to who'll start in New Orleans' secondary on Monday night, or he really doesn't know yet.
Money from the first and only settlement so far in a Louisiana flood board's lawsuit against dozens of energy companies will be placed in a special account dedicated to coastal restoration.
Friday's Blogs from the Bog!
Ten departing CEOs rake in $430 million; profile of FSU gunman emerges; Buffalo's weather woes and more national and international news for Friday, November 21, 2014.
The Ethics Board gives the lame duck Youngsville mayor permission to offer a sweet parting gift to the community he’s presided over for three terms.
Carencro ranch style home or three bedroom traditional in St. Martinville
The money came through a general obligation bond sale Thursday.
A legend in the Acadiana Oil Patch, Comeaux died Monday, Nov. 17.
Acadiana's nightlife guide.
With a growing number of alleged sexual assault victims coming out against Bill Cosby in recent weeks, upcoming projects have been canned by NBC and Netflix, but that won’t affect the once-loved comedian and actor’s scheduled performance in Lafayette.
The Baltimore Ravens' retooled secondary had no trouble against a rookie quarterback at home. This week, however, their task is far more challenging: stopping Drew Brees on the road in New Orleans.
Add Texas Gov. Rick Perry's name to the list of possible Republican presidential candidates flooding the campaign trail for GOP Senate candidate Bill Cassidy.
Gov. Bobby Jindal is in Florida this week with his fellow Republican governors for another gripe session aimed at their favorite target, the president, this time taking aim at his immigration plans.
Early voting for the runoff is shortened by two days because of the Thanksgiving holiday.
“Coach Don” Gagnard is running for school board. Today he offers his critique of the socioeconomic relationship between government subsidies and obesity.
BP is heading to a federal appeals court in its effort to oust the administrator of damage settlement claims arising from the 2010 Gulf of Mexico oil spill.
Former Le Rosier chef who cooked at the James Beard House and was named one of the “Best New Chefs in America” by Food & Wine magazine in 1995 was 48.
It was only a few months ago when the LPSB held the school system’s purse strings with a death grip, but oh how board President Hunter Beasley's demeanor seems to be changing with the ouster of Superintendent Pat Cooper.
Acadiana's nightlife guide.
Pat Cooper is contesting his termination by the LPSB, filing a petition Tuesday that calls the recent decision “arbitrary and capricious.”
A look at the numbers highlights the challenge facing Louisiana Sen. Mary Landrieu as she tries to win a fourth term in a Dec. 6 runoff against Republican Rep. Bill Cassidy.
Incoming Senate Majority Leader Mitch McConnell is promising the new Republican majority will quickly resurrect Keystone XL pipeline legislation killed by Democrats, potentially setting up an early 2015 veto confrontation with President Barack Obama.
The 59-41 Senate vote was one shy short of the 60 needed to clear the House-passed measure.
Spot bonuses to employees who go above and beyond on projects one of several reasons national mag calls BR-based biz bank a cool place to work.
The Director Search Committee interviewed the five men still in the running via video last week and is set to trim the field this week.
A national animal rights group has been rebuffed by a Baton Rouge district court judge, although the group might still get its day in court.
Telecom’s decision to halt deployment to more than 100 cities while it awaits net-neutrality rules appears to be little more than a temper tantrum.