EmployErs


[PDF]EmployErs - Rackcdn.come77bd49f653db6ad9e17-19694b1854669f7243566e73c5de800e.r42.cf2.rackcdn.co...

9 downloads 315 Views 7MB Size

Busıness Journal Orlando

Orange Seminole Lake Osceola

EXECUTIVE PROFILE | 12 Michele Mingoia, senior management consultant, WS Atkins Plc. Revving Up | 7

NOV. 9–15, 2012 orlandobusinessjournal.com

Auto repair shops adding 30 stores

$3.00

Businesses ready to work with Obama on key issues By Kent Hoover It’s safe to say that many business owners didn’t want President Barack Obama to be re-elected. But now they’re stuck with him. So how do you make this relationship work? Here are three suggestions from business leaders as to how Obama and Congress should work together: • Put aside partisan bickering and start solving problems. This is one area where there is widespread consensus among business leaders. “The time for politics is over. It’s time now for governing,” said Greg Casey,

president of the Business Industry PAC. “I think the business community is ready to participate in that.” “The nation will expect cooperation from the White House and the Congress,” said John Engler, president and CEo of the Business Roundtable, which represents large businesses. “The partisan rancor, negative rhetoric and perpetual gridlock must come to an end so we can begin to heal this country and get it moving again,” said Chris Holman, chair of National Small Business, CEO of Michigan Business Network.com and president of the Greater Lansing Business Monthly.

With Obama’s victory comes the responsibility to lead efforts to find bipartisan solutions to problems, business leaders say. • Avoid the fiscal cliff and extend current tax rates for a year. Most business groups doubt any long-term solution to the fiscal cliff can be reached in the few weeks that remain before these across-the-board spending cuts and tax increases go into effect in January. That’s why they hope Obama and Congress will agree on a short-term solution to avoid the fiscal cliff, and then reach a grand bargain on taxes, spending and

entitlement reform next year. That means extending current tax policy for another year, instead of picking winners and losers in a lame-duck session, they said. “There is no reason why Obama all tax relief measures set to expire at year-end cannot be extended for another year to allow for a working transition period on tax reform,” said Karen Kerrigan, presiIssues | 30

Next for Orlando: Frozen human egg boom?

Exclusive: West Oaks Mall allegedly has new owner

By Abraham Aboraya

The ailing 16-year-old West Oaks Mall may have a shot at redemption now that it allegedly has a new owner from New York. Chicago-based mall owner General Growth Properties Inc. (NYSE: GGP) in September reportedly handed over the keys for West Oaks to special servicer CWCapital Asset Management, which then was set to auction most of the 1.1 million-square-foot mall between Oct. 9-11 through Auction.com. A representative from Auction.com couldn’t find details on the auction or sale. Executives from CWCapital and its related Rockwood Real Estate Advisors, which reportedly was marketing the mall for sale, didn’t respond to requests for comment by press time. Orange County has yet to record the sale, but some mall tenants said they

Central Florida’s next big business growth sector could involve frozen human eggs, thanks to a national medical classification change. And it will have the potential to impact all companies with key female employees of child-bearing age. “It can grow our business, but it also will grow all businesses, because women who are a great contribution to the work force can continue and exponentially take off in their career and not stop to have a child,” said Dr. Sharon Jaffe of the Jaffe Center for Reproductive Medicine PA. Here’s why: On Oct. 22, the American Society of Reproductive Medicine lifted

By ANJALI FLUKER

Most Influential Men | 13 JIM CARCHIDI

Visit Orlando Chairman Paul Tang was named by Orlando Business Journal as the 2012 Businessman of the Year.

eggs | 29

Mall | 30

Friday, Nov. 30

HealtHiest2012 EmployErs orlando Business Journal’s

Awards Breakfast and Wellness Fair

See page 2 for details.

2 OBJ

orlandobusinessjournal.com

People Acomb, Tom . . . . . . . . . . . 3 Aldrich, Jerry . . . . . . . . . . . 3 Alsene, Steven P. . . . . . . . . 10 Arensmeyer, John . . . . . . . 30 Austin, Amanda . . . . . . . . .30 Bair, Keith S. . . . . . . . . . . .10 Balint, Nate . . . . . . . . . . . 18 Baptiste, Thomas . . . . . . . .30 Batia, Mark . . . . . . . . . . . 18 Bornstein, Rita . . . . . . . . . . 6 Bradley, Scot . . . . . . . . . . . 6 Braswell, Allie L. Jr. . . . . . . .14

NOV. 9–15, 2012

People & Companies

Inside

A look at the names and faces that made news this week in Orlando Business Journal.

This week’s Business Journal

Mencia, Manny . . . . . . . . . 5

Trolice, Mark . . . . . . . . . . .29

Business Roundtable . . . . . . 1

Express Oil LLC . . . . . . . . . . 7

International Theme Park

Miller, Sherman . . . . . . . . . 5

Walker, Cory T. . . . . . . . . . .10

Cambria Suites . . . . . . . . . . 3

Faro Technologies Inc. . . . . .10

Services Inc. . . . . . . . . . . . 3

Casto Lifestyle Properties LP . . 30

FBC Mortgage LLC . . . . . 16, 30

Lake Nona Land Co. . . . . . . 11

Mingoia, Michele . . . . . . . .12

Wall, Josh . . . . . . . . . . . . . 7

Center for Automotive

Weinberg, Michael . . . . . . . 3

Fertility Center of Assisted

Research . . . . . . . . . . . . . 7

Reproduction

Morgan, Todd . . . . . . . . . .16

Weinstei, Mark . . . . . . . . . 29

Center for Reproductive

Nunziata, Joe . . . . . . . 16, 30

Weisz, Stephen P. . . . . . . . .15

Odenbach, Andy P. . . . . . . .18

Wheeler, Brian . . . . . . . . . 16

Urban League Inc. . . . . . . . 14

Wherry, Stephen R. . . . . . . 10

Christian Brothers

Moody, Penny . . . . . . . . . . 6 Moreland, Thomas . . . . . . .10

Oros, Tom . . . . . . . . . . . . . 6 Parkinson, John L. . . . . . . . . 6 Perez, Geraldine . . . . . . . . . 6

White, Tom . . . . . . . . . . . . 6

Poteshman, Michael S. . . . .10

Woodell, Steven . . . . . . . . . 6

Richmond, C. Bradford . . . . .10

Young, Julie . . . . . . . . . . . 6

Medicine PA . . . . . . . . . . . 1 Central Florida

Automotive Corp. . . . . . . . . 7

& Endocrinolgy . . . . . . . . .29 Four Seasons Orlando . . . . . 3 Gencor Industries . . . . . . . .10 General Growth Properties Inc . . . . . . . . . . 1

National Center

The latest on promotions,

for Simulation . . . . . . . . . .30

new hires in Central Florida

National Retail Properties . . .10 National Small Business . . . . 1 New Traditions

Larger loans likely with Old Florida, New Traditions merger

Old Florida National Bank . . . 6

Revving up | 7

O’Reilly Automotive Inc. . . . . 7

Auto repair shop concepts to add 30

All-Stars . . . . . . . . . . . . . 18

stores catering to busy professionals

Orlando Health . . . . . . . . . 3

The List | 10

Join Orlando Business Journal as we celebrate corporate wellness at the 2nd annual Central Florida Healthiest Employers awards celebration.

Orlando Magic . . . . . . . . . 18

Highest-paid CFOs

This breakfast event will honor companies that demonstrate innovation and leadership in wellness programs. Finalists will be highlighted in Orlando Business Journal’s special report on November 30th and will be recognized at this exciting event.

PKF Hospitality Research LLC . 3 Construction Co. . . . . . . . . 16

316 apartments at Randal Park

Friday, November 30

RealData Inc. . . . . . . . . . . 11

Executive Profile | 12

Denham, Brian . . . . . . . . .11 Dodds, Hamish . . . . . . . . .15

Wyndham Orlando Resort 8001 International Drive Orlando, FL 32819

Engler, John . . . . . . . . . . . 1 Evans, Camille M. . . . . . . . . 6

7:30 – 8:30 a.m. Registration & Networking 8:30 – 9:30 a.m. Breakfast & Awards program

Register at OBJevents.com

Title Sponsor:

Corporate Sponsor:

R.C. Stevens

Residence Inn . . . . . . . . . . 3 Richard Crotty Consulting

Presented by:

Multifamily growth | 11 Colonial Properties Trust to add

Michele Mingoia, senior management consultant, WS Atkins Plc.

Group LLC . . . . . . . . . . . . 19

Calendar | 12

Rotech Healthcare Inc. . . . . .10

Junior Achievement’s 35th annual Mid-

Ruth’s Hospitality

Florida Business Hall of Fame will be

Group Inc. . . . . . . . . . . . . 10

Corporate table includes priority seating, event recognition and a new one-year subscription to OBJ.

Friedrich, William V. Jr. . . . . . 6

Phil Kean Designs . . . . . . . 16

Relm Wireless Corp. . . . . . . 10

$45 per person | $525 corporate table of 10

Freeman, Charles . . . . . . . .18 Gonzalez, Carmenza . . . . . . 5

Inside the deal | 6

National Bank . . . . . . . . . . 6

Orlando After-School

Coffin, James . . . . . . . . . . . 6

Fowler, Bill . . . . . . . . . . . . 6

opening opportunities for local companies People in the News | 6

Clifton, R. LaDuane . . . . . . .10

Elliott, Marc G. . . . . . . . . .10

Free trade pact cuts duties to Panama,

Multicom Inc. . . . . . . . . . . 5 of Home Builders . . . . . . . .30

Cipolla, Dorothy M. . . . . . . .10

Dotherow, David R. . . . . . . . 6

Development Commission . . . 5

Hard Rock International . . . .15

Chandler, Tyler . . . . . . . . . 18

Donihi, Bonnie . . . . . . . . . . 6

Sales boost | 5

RealEstateDirect.com . . . . . 30

Casey, Greg . . . . . . . . . . . . 1

Crotty, Richard . . . . . . . . . 19

Metro Orlando Economic

National Association

Carroll, Mary . . . . . . . . . . . 6

Crossman, John . . . . . . . . .30

Worldwide Corp. . . . . . . . . 15

Hampton Inn & Suites . . . . . 3

Burden, John . . . . . . . . . . . 6

Cross, Jim . . . . . . . . . . . . 30

Marriott Vacations

Commercial-

Buck, Brian . . . . . . . . . . . . 6

Creson, Bob . . . . . . . . . . . 6

Lucasfilm Ltd. . . . . . . . . . . 3

Global Industry Analysts Inc. . . 7

Brumback, Charlie . . . . . . .15

Cowans, Alvin . . . . . . . . . . 6

Loews Hotels & Resorts Cabana Bay Beach Resort . . . . . . . . 3

Colonial Properties Trust . . . .11

Brewer, Jerry . . . . . . . . . . 11

Cook, Dan . . . . . . . . . . . . . 6

Lightpath Technologies Inc. . . 10

SeaWorld Orlando . . . . . . . . 3

held Nov. 14 at the Rosen Centre Hotel

Simon Property Group Inc. . .30

Most Influential Men | 13

Small Business &

Meet the 2012 class of Central

Entrepreneurship Council . . .30

Florida movers and shakers

Gonzalez, Francelis . . . . . . . 6

Small Business Majority . . . .30

Haak, Arne G. . . . . . . . . . .10

Taurus Investment

Readers Guide | 31

Habicht, Kevin B. . . . . . . . .10

Holdings LLC . . . . . . . . . . .11

What’s coming up on the OBJ calendar

Hanson, Brian . . . . . . . . . . 6

Tavistock Group . . . . . . . . .18

Heisler, Heather . . . . . . . . .30

Sponsorship opportunities available. Call Advertising Director Chris Barch at 407.241.2904

Hersman, Russ . . . . . . . . . . 6 Holman, Chris . . . . . . . . . . 1

Ringler, Ashley . . . . . . . . . . 6

Hope, Tom . . . . . . . . . . . . 6

Rodriguez, Edgardo . . . . . . . 5

Houser, David W. . . . . . . . .10

Rogers, Charlie . . . . . . . . . . 6

Jaffe, Sharon . . . . . . . . . . . 1

Romano, Fulvio . . . . . . . . . 6

Johannsen, Paula . . . . . . . . 6

Ross, Chuck . . . . . . . . . . . . 3

Kean, Phil . . . . . . . . . . . . 16

Rutenberg, Barry . . . . . . . .30

Keating, David . . . . . . . . . .30

Rutledge, Paul . . . . . . . . . 30

Keating, Tim . . . . . . . . . . .16

Sandifer, Shari . . . . . . . . . .30

Kelly, William P. . . . . . . . . .10

Speigel, Dennis . . . . . . . . . 3

Kerrigan, Karen . . . . . . . . . 1

Swiecki, Bernard . . . . . . . . 7

Companies Acomb, Ostendorf & Associates . . . . . . . . . . . 3 Akerman Senterfitt . . . . 15, 18 Aloft Orlando Downtown . . . 3 American Society of Reproductive Medicine . . . . 29 Amusement Industry Consulting LLC . . . . . . . . . . 3 Avant Healthcare

The Carson Medlin Co. . . . . . 6

Orlando Business Journal

The Goldfield Corp. . . . . . . .10

NOV. 9–15, 2012 | Vol. 29:21 (ISSN 8750-8656; USPS 737330) is published weekly, except semi-weekly the fourth week of November and semi-weekly the third week of December, by B­ usiness Journal Publications Inc. a wholly owned subsidiary of American City Business Journals Inc., 255 S. Orange Ave., Suite 700, Orlando, Fla. 32801-3445. Periodicals p­­ ostage paid at Orlando, Fla. Subscription Rates: 1 year $93; 2 years $156. 3 years $186. Newsstand: $3. postmaster: Send all address changes to O­ rlando Business Journal, Circulation Dept., 255 S. Orange Ave., Suite 700, Orlando, Fla. 32801-3445. This publication serves business professionals in Central Florida and the Space Coast. It re­ports on news, trends and ideas of interest to i­ndustry, trade, finance and c­ ommerce. Orlando Business Journal is a publication of American City Business Journals Inc., 120 West Morehead St., Suite 400, Charlotte, NC 28202, Whitney Shaw, president and CEO, Ray Shaw, chairman (1989 to 2009). Copyright 2012 Business Journal Publications Inc. All rights reserved.

Comprehensive Energy

Harris Corp. . . . . . . . . . . . 10

The LGL Group Inc. . . . . . . .10

Services Inc. . . . . . . . . . . .16

Hernon Manufacturing Inc. . . 5

The Walt Disney Co. . . . . . . . 3

Holliday Fenoglio Fowler LP . . 3

Tibby’s New

Consolidated Tomoka Land Co. . . . . . . . . . . . . . 10 Cross, Fernandez & Riley LLP . . . . . . . . . . . .30 Crossman & Co. . . . . . . 19, 30

Hyatt Regency Grand Cypress . . . . . . . 14, 30 IAAPA Attractions Expo . . . . 29

Orleans Kitchen . . . . . . . . .16 Tijuana Flats . . . . . . . . . . .16 Tupperware Brands Corp. . . .10 Turner Construction Co. . . . .18

CWCapital Asset

Independent Colleges &

Universal Orlando . . . . . . . . 3

Management . . . . . . . . . . 1

Universities Benefits

Vidaroo Corp. . . . . . . . . . . 10

CZA Inc. . . . . . . . . . . . . . . 5

Association Inc. . . . . . . . . .29

Walt Disney World . . . . . . . 3 WeldenField . . . . . . . . . . .11

Lake, Bridget . . . . . . . . . . . 6

Tang, Paul . . . . . . . . . 14, 30

Professionals LLC . . . . . . . .30

Darden Restaurants Inc. . . . .10

Ink Spot . . . . . . . . . . . . . 30

Larose, Don . . . . . . . . . . . . 7

Teeters, Bruce W. . . . . . . . .10

Brown & Brown Inc. . . . . . .10

Denham Engineering LLC . . .11

International

West Oaks Mall . . . . . . . . . 1

McArthur, Gary L. . . . . . . . .10

Tipton, Sean . . . . . . . . . . .29

Business Industry PAC . . . . . 1

Enterprise Florida . . . . . . . . 5

Speedway Corp. . . . . . . . . .10

WS Atkins Plc. . . . . . . . . . .12

NOV. 9–15, 2012



orlandobusinessjournal.com

OBJ 3

Storm Troopers vs. Transformers Orlando sure to profit from theme parks’ sci-fi duel by richard bilbao The local battle for tourists just got more interesting. That’s thanks to The Walt Disney Co.’s $4.05 billion acquisition of Lucasfilm Ltd. on Oct. 30, which is expected to lead to new lo c a l S t ar Wars theme park attrac-

photO | jim carchidi

tions, and Univers a l O rl a n d o Resort’s Nov. 1 announcement t h at it w i l l build a Transformers attraction in Orlando next summer. T h i s l at e s t version of the

“War on I-4” for theme park visitors includes Transformers and Storm Troopers battling it out with lasers and light sabers. And once all the debris settles, who will be the winner? In a word: Orlando. Consider: We already have proof in the form of increased numbers of tourists from the last time the two theme park mega-powers went toe-to-toe in trying to outshine each other. That was back in September 2010, when major details on attraction additions included Universal’s Wizarding World of Harry Potter and Disney’s Fantasyland expansion. In the Potter vs. Princess battle, the Wizarding World has drawn at least 2 million more visitors to the region since opening in summer 2010 in Universal’s Islands of Adventure theme park in Orlando. The Fantasyland attractions, slated to open Dec. 6 in Disney’s Magic Kingdom theme park, also are predicted to garner a lot of traffic. Those extra visitors translate to more business for area hotels, restaurants, shops and other attractions. Tourism is the region’s largest industry, drawing 55 million visitors and $32 billion in annual economic impact. And after last week’s announcements by Disney (NYSE: DIS) and Universal, “the battle for Orlando just got a little more futuristic as they are now using laser swords and laser guns,” said Den-

nis Speigel, president of International Theme Park Services Inc., a Cincinnati-based theme park consulting firm. And this may be just the beginning, Speigel said, as the two theme park/media empires are aggressive about consuming popular intellectual property to attract business. For example, Disney still has its deal with Avatar Director James Cameron, announced last September, that includes plans for a new theme park addition to Animal Kingdom in the future. Universal, in turn, answered with the July 2 opening this year of Despicable Me: Minion Mayhem, a new attraction based on the hit children’s film, and incorporated popular TV shows like The Walking Dead into its Halloween Horror Nights 2012 event. “The afterburners of bringing new products to the theme parks have kicked in,” Speigel said. “There’s now a feeding frenzy of intellectual property.” The theme park game now is to broaden the foundation of properties and assets, and boy have they, said Jerry Aldrich, a theme park expert with Amusement Industry Consulting LLC in Orlando. And the job both Universal and Disney will do with those properties only will propel the other to raise the bar, said Tom Acomb, managing principal

with Acomb, Ostendorf & Associates, photO Courtesy of an Orlando-based Universal Orlando Resort theme park and hospitality project management firm. “Orlando’s continued investment in themed entertainment is unparalleled. Our attractions set the bar internationally for the entire theme park industry.” [email protected] | (407) 241-2888

Recession? What recession? Orlando hotels on track for years of growth by richard bilbao Orlando hoteliers can expect to make solid gains during the next four years, reaching a 72 percent occupancy rate and a $121.76 average daily room rate by 2016. So says a new study by Atlanta-based PKF Hospitality Research LLC. Those are numbers the industry hasn’t hit since before the Great Recession. The reason things are on an upswing: The number of tourists to Central Florida reached a record 55 million last year and is expected to climb even higher this year, creating a $ 30 billion annual economic impact that will keep local res-

taurants, hoteliers, attractions and other businesses busy. Helping propel that growth are planned additions by area theme parks and attractions: • On Dec. 6, Walt Disney World will unveil its Fantasyland expansion, adding new rides and experiences to its Magic Kingdom. • Next year, SeaWorld Orlando will unveil Antarctica: Empire of the Penguin, the largest addition to a SeaWorld park. • Un iver s a l O rl a ndo i s a d d i n g a n ew at t r a c t io n based on the Transformers franchise that will allow it to maintain the momentum it gained in 2010 with the opening of The Wizarding World of Harry Potter.

photo | JIM CARCHIDI

Disney’s Fantasyland expansion, set to open Dec. 6, is expected to draw huge crowds to Orlando.

And the projected growth in theme park business should allow hoteliers to raise room rates, said Chuck Ross, vice president with PKF Consulting. “Orlando has demonstrated it can go through these cycles of supply and demand and come out on top.” [email protected] | (407) 241-2888

Solid gains

Orlando hoteliers should expect continued improvements in the number of guests and the amount they can charge for rooms. 2011 2012 2016 Occupancy rate 67.7% 69.1% 72% Average daily room rate $94.09 $97.34 $121.76 Source: PKF Hospitality Research LLC

Hotel developers gear up for C. Fla. tourism boom Developers of at least nine new Orlando hotels with a total of 1,429 rooms are expected to seek construction bids or start building during the next four months, according to Atlanta-based PKF Hospitality Research LLC. And another 12 local hotels with 2,886 rooms should be midway through or completing construction within the next two years. Together, those 21 hotels will create thousands of temporary construction jobs and nearly 3,000 permanent new jobs. Among those hotels known to be nearing construction: • A 135-room Residence Inn near downtown Orlando set to begin construction within the next 12-18 months. • The 155-room Cambria Suites hotel project in downtown Orlando, which is in the early stages of site work and should take about a year to complete. • A 126-room Hampton Inn &

Suites proposed next to Orlando are getting financing because Health’s campus in south Orlan- the demand is there” for hotels do, which is expected to break in that price range, said Chuck ground in early 2013. Ross, vice president with PKF Among those hotels now un- Consulting. der construction: Banks are seeing hotels as • The 1,800 -room Loews viable projects to bolster their Hotels & Resorts Cabana Bay portfolios, said Michael WeinBeach Resort at Universal Or- berg, a hospitality industry lando, slated to open in 2014. expert at the Orlando office of • The 444-room Four Seasons Houston-based Holliday FenoOrlando at Walt Disney World, glio Fowler LP. slated to open in 2014. — Richard Bilbao • The 119-room A lof t Orlando Downtown, expected to debut in secOrlando activity for future hotel development ond-quarter 2013. looks to keep the industry competitive. Orlando now has Phase Properties Rooms more than 117,000 hot el r o om s at Early planning* 7 2,825 450-plus properties. Near construction 9 1,429 “Right now the In construction 12 2,886 smaller midrange Total 28 7,140 f lag hotels such as Hampton Inn & * Projects are in very early stages and may be conceptual with no design or financing plan Source: PKF Hospitality Research LLC Suites and Courtyards by Marriott

Busy hotels

4 OBJ

orlandobusinessjournal.com

NOV. 9–15, 2012

for accessing ideas that help drive better business performance. Proactive Ideas

for the achiever in you

SM

With innovative and insightful ideas that are relevant to you and your industry, PNC is the right bank to help you optimize your company’s performance in today’s dynamic business climate. For those ready to build a relationship with a bank that proactively provides ideas, it’s time to think PNC. To learn more, visit pnc.com/ideas, or contact Joe Meterchick, Regional President, at [email protected]. FINANCING • TREASURY MANAGEMENT • CAPITAL MARKETS • M&A ADVISORY • INTERNATIONAL SERVICES • INVESTMENT MANAGEMENT

PNC Bank is a registered mark of The PNC Financial Services Group, Inc. (“PNC”). Banking products and services offered by PNC Bank, National Association, a wholly owned subsidiary of PNC and MeMber FDIC. Certain products and services subject to credit approval and may also be offered by or conducted through other subsidiaries of PNC. © 2012 The PNC Financial Services Group, Inc. All rights reserved.

PNC-065A OrlandoBusJournal_11x13_v1.indd 1

11/1/12 8:43 AM

NOV. 9–15, 2012



orlandobusinessjournal.com

OBJ 5

Panama free trade pact to open doors for Orlando firms Deal expected to boost Florida exports by $159M, create 1,845 jobs By Bill Orben A new free trade agreement between the U.S. and Panama that took effect Oct. 31 opens a new international market for your company’s products and services. The trade pact is expected to boost Florida exports to Panama by $159 million and create 1,845 jobs statewide. It also may stimulate investment by Panamanians in Central Florida and let Orlando firms bid on government contracts and provide services in Panama. Here’s how it works: The trade agreement eliminates the 7 percent-12 percent tariffs on 88 percent of consumer and industrial products and 60 percent of agricultural goods being sold by U.S. companies to Panama. Elimination of those tariffs make U.S. goods more competitive in Panama than products imported from other countries. Orlando companies also can market services in Panama and bid on government contracts under the new trade agreement, something they couldn’t do before. For example, Panama is spending $1.2 billion on a metro transportation system for Panama City, and Orlando firms may be able to bid on pieces of that project. In addition, the free trade pact is expected to boost investment by Panamani-

an companies in the U.S., meaning they could set up branch operations in Florida, partner with companies based in the Sunshine State or invest in other projects. While Panama’s gross domestic product of $51.3 billion may pale compared to economies such as Brazil’s $2.3 trillion and Colombia’s $478 billion, the $ 5 billion expansion of the Panama Canal is expected to bring more goods coming through the canal, which is expected to boost Panama’s economy. “If you are producing in Florida, Panama is a good target,” said Manny Mencia, senior vice president of international development at Orlando-based Enterprise Florida, the state agency overseeing efforts to diversify the economy. Sherman Miller, president of 27-yearold Longwood-based TV and computer parts seller Multicom Inc., believes his firm will benefit from the Panama trade agreement. “It will expand current customers and help gain new ones.” The export market is important to Miller. His company’s domestic sales have been soft due to some customers being unable to get financing for capital purchases, but his exports have grown from 20 percent to 30 percent of his annual revenue because many overseas economies are growing faster than the U.S. For example, Panama’s gross domestic product grew by 10.6 percent, while the U.S. GDP increased by only 1.7 percent. The free trade agreement with Panama also could pave the way for Sanford-based Hernon Manufacturing Inc.,

The Orlando Magic congratulates

Charles Freeman, a finalist for Orlando Business Journal’s Most Influential Men Awards.

Charles Freeman Executive Vice President & Chief Revenue Officer

Panama exports growing

The value of Florida exports to Panama has risen 41.7 percent since 2009. $1.5B

Value $1.25B

$1.2B $900M

$1.06B 2008

$1.36B

$960M 2009

2010

2011

Source: U.S. Census Bureau

For more information See http://export.gov/panama/index.asp for details on doing business in Panama, a guide to tariffs to the country and the U.S.-Panama trade promotion agreement. photo | Jim Carchidi

Hernon Manufacturing expects to do more business abroad thanks to the free trade deal. Shown: machinist Edwin Rivera which makes adhesives, to do more business abroad. The company is studying whether it may be able to lower costs to its manufacturing customers in Costa Rica by shipping products into Panama and then sending them to Costa Rica. For instance, a free trade agreement with South Korea in March cut the cost of Hernon products in that country by up to 25 percent. “It allows you to become more competitive, and that allows you to get more customers,” said

Edgardo Rodriguez, Hernon’s director of sales and marketing. Florida has made several trade mission trips to Panama to boost trade from companies here, including one led by Gov. Rick Scott in March 2011. Enterprise Florida may host another trip next year. Carmenza Gonzalez, founder of CZA Inc. and former vice president of international business development for the Metro Orlando Economic Development Commission, expects to visit Panama before the end of the year to scout buyers for one of her clients. “Making a trip indicates how serious you are.” [email protected] | (407) 241-2891

6 OBJ

orlandobusinessjournal.com



People in the news

Architecture & Engineering

If you get them when everyone else gets them,

ARE THEY REALLY LEADS ? Get Business Journal leads by email before they’re printed. New businesses, new building permits, real estate transactions, lawsuits filed, get all this fresh information, while it’s still fresh. Just tell us what you need and we’ll email it to you for this market or any of our 40 top US markets.

GET A FREE 2-WEEK TRIAL CALL 877.593.4157

Penny Moody joined DLR Group as justice and civic business development leader in Orlando. James Coffin was hired as marketing coordinator at The Balmoral Group. Fulvio Romano was named construction plans coordinator at Rabits & Romano Architecture.

Help us share your good news with our readers. Submit information for publication online at www.bizjournals.com/orlando/potm/form.

Security Tom Oros joined Guardsmark LLC as manager of business development.

Retail

Hanson Romano

Appointments Alvin Cowans, president and CEO of McCoy Federal Credit Union, was re-elected to the Credit Union 24 board of directors. Wycliffe Bible Translators USA’s board of directors appointed President and CEO Bob Creson to a fourth three-year term. In addition, Russ Hersman has been appointed chief operations officer.

NOV. 9–15, 2012

Brian Hanson has been hired as manager of The Florida Mall.

impact on the field of institutional advancement. Bridget Lake was promoted to senior director of sponsorships and events at the Oviedo-Winter Springs Regional Chamber of Commerce. Ashley Ringler was hired as events manager at the Winter Park Chamber of Commerce.

and communications at Rollins College. Dan Cook of Piedmont Lakes Middle School was selected for outstanding performance to participate in the America Achieves Fellowship for Teachers & Principals, supported by Bloomberg Philanthropies. The fellowship helps prepare students for success in careers, college and citizenship.

Education

Recognition

Chambers

Geraldine Perez was named director of disability support services at Seminole State College of Florida.

Awards Rollins College President Emerita Rita Bornstein was chosen as the 2012 E. Burr Gibson Lifetime Achievement Award winner. The award, presented by the Council for Advancement & Support of Education, honors individuals who have made a significant and lasting

Perez Tom Hope was named associate vice president of marketing

Girl Scouts of Citrus recognized five women for outstanding contributions to the Central Florida community: Julie Young, president, founder and CEO of the Florida Virtual School, received the Visionary award; Dr. Francelis Gonzalez, president and CEO of Kidsville Pediatrics Clinics, received the Leadership award; Mary Carroll, board member and counselor with the Hope Community Center, received the Lifetime Achievement award; and Bonnie Donihi,

executive director of the Ovarian Cancer Alliance of Central Florida, received the Community Impact award.

Law

Camille M. Evans joined Greenberg Traurig’s Orlando office as an attorney in the public finance practice group.

Finance

Scot Bradley, Brian Buck and Steven Woodell have joined Hancock Bank’s commercial banking group. Bradley and Buck were named vice presidents, commercial banking. Woodell was named senior commercial relationships manager. Bill Fowler was named senior vice

president of the grants program at the Daniels Fund. Fowler previously was chief financial officer and chief operating officer of RBC Daniels. Tom White was appointed senior vice president/Osceola area executive at Florida Traditions Bank. In addition, Charlie Rogers was named vice president/ commercial loan officer.

Hospitality William V. Friedrich Jr. was named general manager of Embassy Suites OrlandoInternational Drive South Convention Center. John L. Parkinson was named general manager of DoubleTree Suites by Hilton Hotel OrlandoLake Buena Vista.

Winsor

Fowler

Glen Winsor was appointed hotel manager of Hilton Orlando Bonnet Creek.

Larger loans likely with Old Florida, New Traditions merger Lending limits on business loans could double at Old Florida National Bank and New Traditions National Bank when a merger between the two local community banks is completed in seven to nine months. With combined assets of $1.05 billion, Old Florida expects it will be able to lend $ 5 million to $10 million, up from its current average loan amount of $3 million to $5 million. New Traditions expects to lend in the $4 million to $ 8 million range, compared to its average loan of $500,000 to $2 million. “It will allow us to look at larger companies that need larger credit amounts,” said John Burden, CEO of Old Florida National Bank. “We will be able to compete more aggressively with larger institutions,” said David R. Dotherow, president and CEO of New Traditions. Old Florida and New Traditions announced a merger Nov. 5 in a stock transaction valued at $45 million. Old Florida National Bank has nine branches and $650 million in assets. New Traditions, with assets of $455 million, has three branches in Orlando. “They set a model for how community banks can get together,” said Paula Johannsen, managing director of the Tampa investment banking firm of The Carson Medlin Co. — Bill Orben

NOV. 9–15, 2012



orlandobusinessjournal.com

OBJ 7

Keeping your car longer? Repair shops adding 30 sites By ANJALI FLUKER The average age of cars nowadays is inching toward 11 years old, creating opportunities for automotive parts sales and service companies. “People are keeping their cars longer, and as parts wear out, they need to be replaced,” said Don Larose, senior vice president of franchise development for Express Oil LLC. However, many Central Florida businesspeople are too busy to wait for hours at a dealership for an oil change or car repair. Which is why at least three outof-state auto repair shop concepts now are marching into Central Florida. Birmingham, Ala.-based Express Oil, Houston-based Christian Brothers Automotive Corp. and Springfield, Mo.based O’Reilly Automotive Inc. together are interested in bringing about 30 new locations to the Orlando area during the next two or three years. Each franchise store would average four to 12 employees with startup costs from $300,000 to $1.5 million, including land, construction and inventory. That would create at least 90 temporary construction jobs. The most immediate plans for the three concepts include: • Express Oil, which does business as Express Oil Change & Service Center, opened its first local store at the corner of Alafaya Trail and Curry Ford Road in east Orlando this summer. The firm has another franchisee set to open a store on West Osceola Parkway in Kissimmee early next year and has a goal of two stores per year. Each store starts out with about seven employees and then ramps up to 12. • Christian Brothers Automotive is finalizing its first site in the Windermere area that it wants to open by second- or third-quarter 2013. The stores hire about four people to begin with and can grow to 12. • O’Reilly Automotive, which does business as O’Reilly Auto Parts, has three stores so far in Central Florida and an estimated two dozen deals in the works. Spokesman Mark Merz said the company has a goal for up to 350 stores statewide. It also is set to open its first Florida distribution center in Lakeland in first-quarter 2014, which will drive its push into the Orlando market. The three concepts are part of the

photo | Jim Carchidi

Express Oil plans to open two stores per year. Shown: maintenance tech Grant Golgowski

auto aftermarket industry, which is growing since drivers tend to keep their cars longer these days due to the economic downturn. The global automotive aftermarket is forecast to reach $708.3 billion by 2018, according to San Jose, Calif.-based Global Industry Analysts Inc. “Cars on the market today are extremely well-made, even the old ones,” said Bernard Swiecki, senior research project manager with the Ann Arbor, Mich.-based Center for Automotive Research. “Drivers can get away with

keeping their cars on the road with scheduled maintenance.” Express Oil, which offers customers a quick drive-through oil change and mechanical services, aims to build up to 30 stores in the Orlando market during the next several years, Larose said. Though he declined to specify areas, he said the shop wants to locate near busy offices, shops, restaurants and big-box stores like Lowe’s, Home Depot and Wal-Mart. “I want to be in places where people value the time and convenience of moving in and out quickly.”

Meanwhi le, Christian Brothers Automotive is interested in a similar customer — but one also looking for a little more high-end experience, said Josh Wall, senior vice president of business development. Its stores feature hardwood f loors, leather couches, artwork and decorative lighting in an effort to bring in more female drivers. “We cater to people who keep their car for a long time, take care of that car and want to do business with a local family.” [email protected] | (407) 241-2910

AT THE Y, WE STRENGTHEN OUR COMMUNITIES THROUGH... YOUTH DEVELOPMENT

A SPECIAL THANKS TO OUR VALUED DONORS YOUR GENEROUS GIFTS ARE HELPING... Our kids learn positive behaviors. HEALTHY LIVING

Our familes adopt healthy habits. Our neighbors care for those around them. Our communities move forward.

DONOR CELEBRATION AT FESTIVAL OF TREES On Sunday, November 11, at our private Festival of Trees reception, we will say thank you to our donors for their generous support and for helping us advance our cause.

YMCA OF CENTRAL FLORIDA ymcacentralflorida.com

SOCIAL RESPOSNIBILITY

Follow us:

8 OBJ

orlandobusinessjournal.com

NOV. 9–15, 2012

Holiday Guide 2012

Don’t get your tinsel in a

Bohemian holiday spirit GET IN THE

Tangle

Even a small business deserves to celebrate the holidays in a big way. Reserve a table at the Grand Bohemian “Big Little Holiday Party.”

brIng your Holiday Party To buca... …leT buca brIng The Holiday Party To you call your local buca & order your party package today! MaITland 1351 South Orlando Avenue • 407.622.7663

orlando | Florida Mall 8001 South Orange Blossom Trail • 407.859.7844

Open Daily for Lunch* & Dinner

bucadIbeppo.coM

RIDE THE ELEVATOR HOME , ask about our discounted room rate for your holiday party guests.

DECEMBER 6TH 6-10PM Hors d’oeuvres, Deejay entertainment and dancing

Discounted parking.

CALL 407-581-4709 TO RESERVE YOUR TABLE

At Select locAtionS

*

Holiday Ad_Loews M&E 0812 9/4/12 3:11 PM Page 1

Where Ordinary Holiday Gatherings Become Festive Events at

UNIVERSAL ORLANDO® RESORT HOTELS

3 UNIQUELY THEMED HOTELS 2,400 GUEST ROOMS | OVER 133,000 SQ. FT. OF EVENT SPACE LOCATED IN THE HEART OF IT ALL | TWO AMAZING THEME PARKS NON-STOP NIGHTLIFE | BLUE MAN GROUP

CONTACT US TODAY TO PLAN YOUR HOLIDAY MEETING OR EVENT! 407.503.9411

www.uomeetingsandevents.com

Hard Rock Hotel ® Hard Rock Cafe International (USA), Inc. © 2012 BMP. Universal elements and all related indicia TM & © 2012 Universal Studios. All rights reserved.

Loews Portofino Bay Hotel

Hard Rock Hotel®

Loews Royal Pacific Resort

NOV. 9–15, 2012

orlandobusinessjournal.com

OBJ 9

Holiday Guide 2012 Hilton Garden Inn Orlando Airport Spend your Holidays at the Hilton Garden Inn Orlando Airport.

Mention this ad and receive 10% off your meeting room rental. Call the Hilton Garden Inn Orlando Airport today and ask for the sales department at

407-240-3725 | HiltonGardenInnOrlandoAirport.com

Promote YOUR • New Year’s Eve parties • Corporate gifts • Jewelry – High end gifts • Transportation services • Gift baskets In the LAST HOLIDAY GUIDE for 2012, publishing on Nov. 30th Deadline to reserve space: Nov. 22nd. Contact your OBJ Account Executive or Chris Barch 407-241-2904 [email protected]

There’s Like th No Time e To Wra Present Holida p Up Your y Part y Tim W Plans! ebber

Catering Event Planning Theme Decor Entertainment Transportation Whether you are entertaining clients or co-workers, or you’re looking for a night out with your family and friends, we have a ticket package for you: SINGLE GAME TICKETS

PARTY SUITES

PREMIUM HOSPITALITY

Promotional Products the coordinator

GROUP OUTINGS

the coordinator

SEASON TICKETS

Catering

Theme Decor

Tim Webber, Executive Producer TW coordinator 1/4pg.indd 1

407Event649 Planning 9190 Transportation

Entertainment

Promotional Produc

www.thecoordinatorinc.com 10/26/12 10:31 AM

10 OBJ

orlandobusinessjournal.com

NOV. 9-15 2012

Highest-paid CFOs of publicy held companies Ranked by total compensation for 2011 Company Address * General email

Chief financial officer | Telephone * Email Website

2011 total compensation Base salary

Bonus Stock awards

Option awards Compensation (non-equity incentive plan)

Other compensation Change in pension or deferred value

Darden Restaurants Inc. (NYSE: DRI) 1000 Darden Center Drive, Orlando 32837 * Link on website

C. Bradford Richmond | 407) 245-4000 * Confidential

$2.5 million $491,231

Not applicable $424,778

$676,842 $636,000

$247,167 Not applicable

2

Harris Corp. (NYSE: HRS) 1025 W. NASA Blvd., Melbourne 32919 * [email protected]

* Confidential

$2.1 million $542,308

Not applicable $507,776

$532,223 $464,366

$57,840 Not applicable

3

Tupperware Brands Corp. (NYSE: TUP) 14901 S. Orange Blossom Trail, Orlando 32837 * Link on website

Michael S. Poteshman | (407) 826-5050 * Confidential www.tupperware.com

$1.8 million $466,513

Not applicable $282,014

$415,487 $474,577

$129,350 $46,184

4

Brown & Brown Inc. (NYSE: BRO) 220 S. Ridgewood Ave., Daytona Beach 32114 * Link on website

Cory T. Walker | (386) 252-9601 * Confidential

$1.4 million $237,538

Not applicable $722,260

Not applicable $325,000

$45,367 Not applicable

tie

National Retail Properties (NYSE: NNN) 450 S. Orange Ave., Suite 900, Orlando 32801 * Link on website

Kevin B. Habicht | (407) 265-7348 Confidential www.nnnreit.com

$1.4 million $375,000

Not applicable $372,398

Not applicable $562,000

$67,082 Not applicable

6

Rotech Healthcare Inc. (OTC: ROHI.PK) 2600 Technology Drive, Suite 300, Orlando 32804 Link on website

Steven P. Alsene | (407) 822-4600 Confidential www.rotech.com

$770,508 $354,000

Not applicable Not applicable

$220,002 $166,375

$30,131 Not applicable

7

Ruth’s Hospitality Group Inc. (Nasdaq: RUTH) 500 International Parkway, Suite 100, Heathrow 32746 * Link on website

Arne G. Haak | (407) 333-7440 * Confidential

$692,601 $115,385

$100,000 $470,000

Not applicable Not applicable

$7,216 Not applicable

Faro Technologies Inc. (Nasdaq: FARO) 250 Technology Park, Lake Mary 32746 * [email protected]

* Confidential

$579,555 $235,192

Not applicable $129,814

$120,147 $86,400

$8,001 Not applicable

Consolidated Tomoka Land Co. (AMEX: CTO) 1530 Cornerstone Blvd., Suite 100, Daytona Beach 32117 * [email protected]

* Confidential

$510,278 $255,900

Not applicable Not applicable

Not applicable $16,250

$12,070 $226,058

Marc G. Elliott | (407) 290-6000 * ConfidentiaL www.gencor.com

$474,000 $384,000

Not applicable Not applicable

Not applicable Not applicable

$90,000 Not applicable

David W. Houser | (386) 254-2700

$401,380 $291,115

$200 $79,010

Not applicable Not applicable

$34,055 Not applicable

$326,440 $205,560

$51,390 Not applicable

Not applicable $51,390

$18,100 Not applicable

Rank 2012

Denise Hicks Research Director | (407) 241-2893 [email protected]

the alternative

list Chief financial officers, ranked by base salary

1

Gary L. McArthur Harris Corp. $542,308

2

1

8

C. Bradford Richmond

www.darden.com Gary L. McArthur | (321) 727-9100 www.harris.com

www.bbinsurance.com

www.ruthschris.com Keith S. Bair | (800) 736-0234 www.faro.com

Darden Restaurants Inc. $491,231

9

3

10

Gencor Industries (OTC: GENC) 5201 N. Orange Blossom Trail, Orlando 32810 * Link on website

11

International Speedway Corp. (Nasdaq: ISCA) 1801 W. International Speedway Blvd., Daytona Beach 32114 * Link on websitse

* Confidential

12

The Goldfield Corp. (AMEX: GV) 1684 W. Hibiscus Blvd., Melbourne 32901 * [email protected]

* Confidential

13

The LGL Group Inc. 2525 Shader Road, Orlando 32804 * Link on website

R. LaDuane Clifton | (407) 298-2000 * [email protected] www.lglgroup.com

$256,770 $150,000

$6,000 Not applicable

$98,378 Not applicable

$2,392 Not applicable

14

Relm Wireless Corp. (AMEX: RWC) 7100 Technology Drive, West Melbourne 32904 * Link on website

William P. Kelly | (321) 984-1414 * Confidential

$174,636 $167,549

Not applicable Not applicable

Not applicable Not applicable

$7,087 Not applicable

15

Lightpath Technologies Inc. (Nasdaq: LPTH) 2603 Challenger Tech Court, Suite 100, Orlando 32826 * Link on website

* Confidential

$165,575 $150,404

Not applicable Not applicable

$15,171 Not applicable

Not applicable Not applicable

16

Vidaroo Corp. (OTC: VIDA) 8 N. Highland Ave., Winter Garden 34787 * [email protected]

Thomas Moreland | (321) 293-3360 * [email protected] vidaroo.com

$124,193 $120,000

Not applicable Not applicable

Not applicable Not applicable

$4,193 Not applicable

Michael S. Poteshman Tupperware Brands Corp. $466,513

REPRINTS Information for obtaining commemorative plaques, reprints or Web permissions can be obtained from Orlando Business Journal’s designated partner company, Scoop ReprintSource at (800) 767-3263 or scoopreprintsource.com. No other companies offering similar services are affiliated in any way with the Orlando Business Journal.

NOTES *Denotes Brevard, Lake, Orange, Osceola, Seminole and Volusia counties only. Information gathered from 2011 proxy statements, DEF 14A documents submitted to the SEC and Lexis-Nexis. Not all publicly held companies appear on this list. Those not appearing did not have current DEF 14A filings available

Bruce W. Teeters | (386) 274-2202 www.consolidatedtomoka.com

www.iscmotorsports.com Stephen R. Wherry | (321) 724-1700 www.goldfieldcorp.com

www.relm.com Dorothy M. Cipolla | (407) 382-4003 www.lightpath.com

NOV. 9–15, 2012



orlandobusinessjournal.com

OBJ 11

Colonial Properties plans more apartments near Medical City By ANJALI FLUKER Colonial Properties Trust is banking on apartments near the emerging Medical City biotech hub in southeast Orlando. The Birmingham, Ala.-based real estate investment trust (NYSE: CLP) wants to build an estimated $37.9 million-$39.5 million, 316-unit apartment complex dubbed Randal Lakes. It would be built at the northwest corner of Randal Park Boulevard and Dowden Road, south of the firm’s $57 million, 462-unit Colonial Grand at Randal Park, on which construction began a few months ago. Jerry Brewer, executive vice president of finance for Colonial Properties Trust, said the REIT wants to start construction on Randal Lakes in secondquarter 2013. Brewer added that the opening of Nemours Children’s Hospital as well as the planned opening of the Orlando VA Medical Center, along with other Medical City tenants, prompted the firm to add more units in that market. “It’s going to create a nice renter pool for us. The educated work force, higher incomes and good schools in that area make it a very attractive development for us.” The Orlando City Council approved the master plan and rezoning for Randal Lakes on Nov. 5. The next step is to get approvals for a development or site plan. Plans for Randal Lakes include 21 buildings with attached and detached ga rages, a clubhouse, pool, playground and a walkway connecting to Colonial Grand. Rental rates have yet to be determined. About 400 temporary construction workers would be employed to build the complex. The first units are expected to be completed by next year and the project will be finished by early 2015, Brewer said. Apartments are the strongest segment of commercial construction these days. The southeast area is one of metro Orlando’s strongest apartment submarkets, with a 95.9 percent occupancy rate. Additionally, the submarket has the third-highest average asking rental rates in the area, at $1,084 per month, according to Charlotte, N.C.-based multifamily research firm RealData Inc. And as occupancies remain strong — Metro Orlando absorbed a net 1,375 apartments between March and September of this year — demand for apartment units increases. In fact, several apartment complexes in the southeast submarket have been proposed in the last year. For instance, developer Taurus Investment Holdings LLC wants to convert 15 acres of its unfinished 544-acre Beltway Commerce Center business park on Lee Vista Boulevard and State Road 417 for apartments, as previously reported by Orlando Business Journal. Additionally, Lake Nona Land Co. joined forces with Birmingham, Ala.based apartment developer WeldenField to start construction on the 278-unit Watermark at Lake Nona apartment complex in Medical City and plans three more complexes in the coming years.

Much of that demand stems from not only former homeowners who walked away from underwater mortgages and became renters, but also as a result of the condo Denham boom-and-crash. In 2005-2006, thousands of the area’s traditional apartment units were converted to condos, and as those conversions failed and the market tanked, they became apartment properties again. “We’re still trying to make up for

What this means to you:

• Construction and vendor opportunities • More new rental units near fast-grow-

PROPOSED RANDAL LAKES APARTMENTS

ing Lake Nona community

the shortage in apartments from the run up of condo conversions,” said Bria n Den ha m, president of Denham Engineering LLC in Orlando, who has worked on several multifamily projects.

Dow de n R

Na rco oss ee

oad

Roa d

[email protected] | (407) 241-2910

Success. It’s all in the navigation. Finding your way to better treasury management is easier with BB&T. Our Payment Solutions team is focused on helping you achieve more automation, improved cash flow, greater fraud protection and expanded information reporting. We’re there every step of the way, sharing our knowledge and insight so you can move forward to greater profitability. For a complimentary consultation based on your specific business needs, call 1-800-810-5625. BBT.com/PaymentSolutions

Winner of 17 Greenwich Excellence Awards in Business Banking, including seven in Treasury Management The 2011 Greenwich Associates Commercial Banking Study is with companies with sales of $1MM to $500MM and is based on nearly 25,000 interviews. Branch Banking and Trust Company, Member FDIC. © 2012 Branch Banking and Trust Company.

BBTPAY-20791-12 Paymnts-GPS_OrlandoBJ.indd 1

4/27/12 8:28 AM

12 OBJ

orlandobusinessjournal.com

Calendar

Help us share your calendar events with our readers. Submit events to Cindy Barth at [email protected]. Due to space constraints, we do not publish networking meetings.

Business Development Marketing Basics will be held Nov. 15 at 6 p.m. at the National Entrepreneur Center at Orlando Fashion Square mall. Cost: $30. Call (407) 420-4844. Why Everyone Should Take Advantage of Home-based Business Benefits presented by Teksita CEO J. Brewer will be held Nov. 27 at 3 p.m. at the UCF Business Incubator in St. Cloud, 3201 Budinger Ave. No cost. RSVP with Jessica Filter at (407) 498-0432 or via email at [email protected].

Employment Central Florida’s Job Fair will be held Nov. 14 from noon to 4 p.m. at the Central Florida Fair Expo Park, 4603 W. Colonial Drive in Orlando. Free admission and parking for job seekers. If attending, register online at www.CFEC.org.

Recognition Junior Achievement’s 35th annual MidFlorida Business Hall of Fame will recognize four Central Florida business leaders on Nov. 14 at the Rosen Centre Hotel on International Drive in Orlando. The 2012 honorees include: Toni Jennings, first female lieutenant governor of Florida; Joe R. Lee, former chairman and CEO of Darden Restaurants Inc.; Leonard E. Williams, CEO of Wayne Densch Inc.; and Mel Martinez, former Florida senator and current chairman of the Southeast and Latin America for JPMorgan Chase & Co. Tickets are $250 each, or $2,000 for a table of eight. To register, call Philip Schwalb at (407) 898-2121 or via email at [email protected].



NOV. 9–15, 2012

Executive profile

Michele Mingoia,

senior management consultant, WS Atkins Plc. Michele Mingoia, 58, has worked for companies such as Xerox and BNY Mellon as a systems programmer. But at her current job at WS Atkins Plc., she helps design water and transportation systems for cities. She works for the Orlando office of United Kingdom-based WS Atkins, an international engineering and architectural design firm. The firm most recently designed the Olympic Park stadium in London for the 2012 Summer Olympics, and is involved in a number of transportation and construction projects in the southeastern U.S. Mingoia develops software to aid engineers in the design and construction process. She won the Lifetime Achievement Award in February during Central Florida Engineers’ Week. Nominated by the Society of Women Engineers, Mingoia was honored for her work with the Seminole County regional fairs for science, math and engineering, which she has helped judge and coordinate since 1994.

Personal

Birthplace: Buffalo, N.Y. Education: Bachelor’s and master’s in

Judgment Calls

Best business decision made: Agreeing to handle the process of developing software when Xerox asked me. I started out concentrated in a particular area, and it gave me a completely separate but complementary skill-set, so now I’ve got two things I can branch off into that work together or separately. Worst business decision: Going into

cosmetics sales briefly. I’m just not a salesperson.

Advice for success: Inform yourself,

make a plan, but don’t stick to it too rigidly. Be flexible.

photo | JIM CARCHIDI

WS Atkins’ Michele Mingoia is an avid scuba diver. Favorite distraction: Sewing

Business Philosophy

Basic philosophy: Do it right the first time. Favorite part of my job: Learning about

new stuff and new industries, and taking the overall principles and applying them in completely new domains

Best way to stay competitive: Do the best

engineering, computer and systems engineering, Rensselaer Polytechnic Institute; MBA, Duquesne University

job for the client. Sometimes it costs a little more, but if you do it right and deliver what the client needs, they’re going to come back.

First job: Working at a concession stand

Yardstick of success: I ask myself, “Am I

in the 123rd Shopping Center in Miami

having fun?”

Most important lesson learned: Not to take myself too seriously

True Confessions

If I could pick any other job, I’d be a: Beach bum Most annoying habit: If you come to me

looking for sympathy, instead I’m going to help you solve the problem. It’s an engineering thing.

Pet peeve: People not taking care of the little details Childhood dream: I’m doing it. I wanted to learn everything I could know about computers, but I still have a long way to go. Place I’d like to visit: The Great Barrier Reef I’m most interested in meeting: Barack

and Michelle Obama

— Kyle Warnke

NOV. 9-15, 2012

Most Influential Men



Men on a mission: They’ve got the moves like 007 By Susan Lundine They may not be secret agents, but Orlando Business Journal’s 2012 class of Most Influential Men could rival James Bond on many levels when it comes to getting things done. There’s no doubt they’re the local go-to guys if you need help for anything ranging from getting government approval for a project or netting results for a worthy charity in need of a stalwart champion. And, like Bond, they’re professional, smart and always tend to land on their feet. OBJ received more than 182 nominations this year for 141 businessmen in three categories: Business Owner of the Year, Business Executive of the Year and Men to Watch. Orlando Business Journal also chose one of those winners as the overall Businessman of the Year. The influence of these men has been felt in a variety of ways, from helping the Orlando Magic get the needed government approvals for the Amway Center to helping Central Florida draw a record-breaking 55.1 million tourists, raising money to help at-risk youths and investing thousands of dollars in training and mentoring employees. In addition, one person who made a lasting impression on Central Florida was named the 2012 Legacy Award winner. This man, now a business executive, spent many years as a government official on the state and local level, helping to shape downtown Orlando into what it is today. These 16 businessmen were recognized at a Nov. 8 evening reception at the Sheraton Orlando Downtown. To learn more about the five Business Owner of the Year finalists, see Page 16. The five Business Executive of the Year finalists are on Pages 14-15, and the five Men to Watch can be found on Page 18, while the Legacy Award winner is featured on Page 19. The competition for these awards was fierce, so congratulations to the winners who make Central Florida one of their top priorities. Be sure to check online for more photos and information about the winners, such as their favorite Bond girls, at orlandobusinessjournal.com. And a special thanks to the Citrus Club for allowing OBJ to shoot most of the photos for this section in its lounge and bar area. [email protected] | (407) 241-2892

photOs | THINKSTOCK photO illustration | Cheryl Bence

OBJ 13

14 OBJ

Most influential Men

orlandobusinessjournal.com

NOV. 9–15, 2012

2012 Business Executive of the Year WINNER

Paul Tang,

vice president and managing director, Hyatt Regency Grand Cypress

EXPERTISE. VISION. DIRECTION. The professionals at Cross, Fernandez & Riley, LLP would like to congratulate the Orlando Business Journal’s Most Influential Men award recipients. We applaud you for your continued hard work and dedication to the community.

Description: As chairman of Visit Orlando, he helped Central Florida draw a record-breaking 55.1 million visitors in 2011. Following the sudden death this year of Visit Orlando CEO Gary Sain, Tang has helped keep the visitors bureau on solid ground while the search for a new CEO is under way. For his hard work, he also took top honors, and was named by Orlando Business Journal as the 2012 Businessman of the Year. Age: 65 Three words that best describe me: Keep it simple. I collect: Fine wines Favorite meal: Soup How I earned my first dollar: Dishwasher in the university cafeteria Most influential book I’ve read: The One Minute Manager by Kenneth Blanchard If I could do something dangerous with no risk, I’d: Skydive The problem with having it all is: You tend to take it for granted. Favorite stress reducer: Exercise What scares me: Reckless drivers What I did to get my first break: Worked long hours Favorite cause: Health and wellness, because you only live once Most significant business accomplishment this year: Continue Gary Sain’s vision while searching for a new CEO Favorite James Bond movie: Dr. No

www.cfrcpa.com Lakeland Office P: (863) 937-9520

Orlando Office P: (407) 841-6930

Tampa Office P: (813) 321-6869

Winter Haven Office P: (863) 299-5638

Experience Hyatt Regency Grand Cypress, your getaway close to home. photo | JIM CARCHIDI

FINALIST

Allie L. Braswell Jr.,

president and CEO, Central Florida Urban League Inc. Description: He created a program that helps

Whether you are coming to visit the theme parks or play golf we are close to it all! After a perfect night’s rest enjoy a delicious breakfast. It’s our Bed and Breakfast package which includes a 2:00 pm late checkout!

One Grand Cypress Blvd., Orlando, Florida

Call (407) 239-1234 or visit www.hyattgrandcypress.com for details.

Central Floridians return to work. His ideas for bridging the employment and skills gap have garnered him national attention; he was invited to speak about it at the White House and on CSPAN. Age: 50 photo | JIM CARCHIDI I collect: Sports memorabilia Favorite meal: Braised short ribs in a tomatobased sauce with sliced potatoes and green beans How I earned my first dollar: As a newspaper carrier. I used it to buy a jacket. Most influential book I’ve read: Think and Grow Rich by Napoleon Hill If I could do something dangerous with no risk, I’d: BASE jump from the Eiffel Tower The problem with having it all is: You give up so much of life to get it. Favorite stress reducer: Driving through the countryside What scares me: Running out of time to accomplish all I want to do in life Favorite cause: Advocacy — standing up for those who do not have a voice Significant business accomplishment this year: The turnaround of the Central Florida Urban League. While many had given up hope on the league, our team believed in the dream of Urban League that would serve the most vulnerable. Favorite James Bond movie: Live and Let Die

NOV. 9–15, 2012

Most influential Men

2012 Business Executive of the year FINALIST

Charlie Brumback,

managing shareholder, Akerman Senterfitt Description: He has helped the firm grow to 530

lawyers and government affairs professionals in 19 offices in Florida, New York, California, Colorado, Virginia, Nevada, Utah, Texas and Washington, D.C. Age: 58 Favorite meal: Anything that doesn’t involve unphoto | JIM CARCHIDI cooked fish Favorite stress reducers: Recreational travel What scares me: When the phone at the office doesn’t ring Favorite cause: Anything related to children and education such as Boys & Girls Clubs and Junior Achievement Of note: He served as lender’s counsel in a $500 million syndicated, revolving line of credit. Clients: SunTrust, CHEP, AAA, Fifth Third Bank, Regions Bank, PNC Bank, TD Bank and more

FINALIST

Hamish Dodds,

president and CEO, Hard Rock International Description: He is responsible for the strategic de-

velopment and operational results of all of Hard Rock’s activities across 54 countries, ensuring guests enjoy high-quality food, merchandise, service and entertainment at Hard Rock locations. The firm’s revenue has doubled since Dodds joined it in 2004. photo | JIM CARCHIDI Company facts: Hard Rock International has 179 venues, $3.1 billion in systemwide revenue, 31,000 employees, 74,000 pieces of music memorabilia, 17,000-plus live music events, nearly 4 million Facebook fans, 9,500 hotel rooms and 17,000 gaming positions, all overseen by Dodds. Personal cause: He is an ambassador for Global Angels, an international charity empowering disadvantaged children. He went to Mumbai as an ambassador and after seeing the work of the organization, whose mission is to rescue children from the streets and the illegal sex slave industry, he implemented a philanthropic program at Hard Rock Cafes worldwide to support those efforts.

FINALIST

Stephen P. Weisz,

president and CEO, Marriott Vacations Worldwide Corp. Description: Through a spinoff in 2011, he led his

firm in establishing itself as an independent public company focusing on vacation ownership experiences. It has 64 resorts with 420,000 owners and members. Age: 62 I am: Dedicated, personable and competitive photo | JIM CARCHIDI I collect: Golf memorabilia Favorite meal: Italian How I earned my first dollar: Mowing lawns. I spent it to buy records. Most influential book I’ve read: On Becoming a Leader by Warren Bennis If I could do something dangerous with no risk, I’d: Parachute out of a plane Favorite stress reducer: Playing with my 2-year-old grandson Who should be afraid of me: Anyone who is not honest and truthful Favorite cause: Children’s Miracle Network Hospitals Favorite James Bond movie: Thunderball

orlandobusinessjournal.com

OBJ 15

16 OBJ

Most influential Men

orlandobusinessjournal.com

NOV. 9–15, 2012

2012 Business Owner of the Year WINNER

Phil Kean,

president, Phil Kean Designs Description: His award-winning architecture/custom home construction/interior design firm not only succeeded against difficult odds during the most challenging housing downturn imaginable, but also grew to become Central Florida’s largest custom homebuilder this year. It’s now working on a new division focusing on a more affordable, semi-custom product. The firm also won Central Florida’s Parade of Homes’ Grand Award each of the past four years. Age: 50 Alma maters: Washington University and Harvard University Most life-changing experience: 9/11 Movie I’d watch over and over: It’s a Wonderful Life Riskiest thing I’ve ever done: Changing careers at 40 Favorite status symbol: A “Phil Kean” home

photo | JIM CARCHIDI

What makes me laugh: My two basset hounds How I keep in shape: Marathon running Pet peeve: Texting while driving Reality show I’d like to go on: Antiques Roadshow What I’d teach a fifth-grade class: W hy desig n is i mpor t a nt

Best advice I didn’t take: Don’t build modern homes. Favorite cause: The Stand Up to Bullying Initiative,

because there are too many children who suffer because of this Most significant business accomplishment this year: Architect and builder of the National Association of Home Builders’ 2012 New American Home Business plans for 2013: Introducing my new division, WayCool Homes, at the national level Favorite James Bond movie: Dr. No

photo | JIM CARCHIDI

FINALIST

FINALIST

Tim Keating,

Todd Morgan,

president and CEO, R.C. Stevens Construction Co.

president, Comprehensive Energy Services Inc.

Description: He navigated the firm

Description: He has grown his firm

through the worst economic downturn in the construction industry, generating the largest revenue in the company’s history last year. Age: 52 Alma maters: University of Florida and University of Central Florida Life-changing experience: Having kids Movie I’d watch over and over: It’s a Wonderful Life Riskiest thing I’ve ever done: Buying my partner’s share of the business in 2007 What makes me laugh: My wife Pet peeve: People not doing what they say they are going to do Reality show I’d like to go on: The Alaska Experiment I’d teach a fifth-grade class: Respect Favorite cause: Leadership development for young people Favorite James Bond movie: Casino Royale

to $23 million in annual revenue and 150 employees. It has gained national recognition for HVAC, plumbing and special effects for theme park attractions such as Terminator 2 3-D, Twister, Men in Black-Alien Attack, The Simpsons, The Wizarding World of Harry Potter and more.

Age: 62 Alma mater: Lehigh University Life-changing experience: Meeting

my wife, Shelley, 32 years ago

Riskiest thing I’ve ever done: Starting CES on a shoestring budget How I keep in shape: Jogging and running marathons Pet peeves: Pettiness and negativity Reality show I’d go on: Amazing Race Significant business accomplishment this year: Being part of the team

that won a National Design-Build Award for Legoland Florida

Favorite James Bond movie: Goldfinger

photo | JIM CARCHIDI

photo | JIM CARCHIDI

FINALIST

Sal A. “Joe” Nunziata,

chairman and co-CEO, FBC Mortgage LLC Description: He helped develop his firm into a billion-dollar mortgage volume company, growing its employees from 25 its first year to more than 200 this year. Age: 45 Movie I’d watch over and over: The Shawshank Redemption Riskiest thing I’ve ever done: Participated in a Wyoming rodeo event Favorite status symbol: Real estate How I keep in shape: I work out with a trainer three times a week and box the other two days. Reality show I’d go on: The Apprentice I’d teach a fifth-grade class: How to use a checkbook Favorite cause: The Florida Hospital Cardiovascular Foundation. I became a fan after I had mitral valve prolapse surgery in 2007. Significant business accomplishment:

Finalizing the merger between FBC Mortgage and a subsidiary of the Sterne Agee Group Inc. Favorite James Bond movie: Live and Let Die

photo | JIM CARCHIDI

FINALIST

Brian Wheeler,

founder and CEO, Tijuana Flats/ Tibby’s New Orleans Kitchen Description: He opened 10 new restaurants when the economy slowed, while maintaining quality, keeping prices the same and not cutting workers. Tijuana Flats now has 86 sites, with plans for 90-plus by the end of this year and 15 to 18 more next year. Age: 42 Nickname: Big Taco Movie I’d watch over and over: Good Will Hunting Riskiest thing I’ve done: Opened a restaurant at age 25 with no experience Favorite status symbol: New Orleans Saints season tickets Pet peeve: Dirty restaurants I’d teach a fifth-grade class: How to make the perfect taco Favorite cause: Just In Queso, the charitable arm of Tijuana Flats Business plans for 2013: To open our 100th Tijuana Flats and our second Tibby’s Favorite James Bond movie: Goldfinger