Wes Edens finished off his college education back in 1984 with a degree in finances. Following his academic success, Wes went on to work for several different financial companies over the years, steadily building up his experience. This includes companies like Merrill Lynch, Smith Barney, and California Savings and Loan. It only took Wes Edens a period of three years before he was getting managing positions, the first being at Lehman Brothers. By 1998, Wes thought he was ready for his own financial company and started up Fortress Investment Group with two other partners. Fortress Investment Group started up as a private investment company that focuses on alternative investments and they became public in 2007.
As a highly successful man in the investment industry, Wes Edens has had the ability to focus on some of his passions in life. More specifically, Wes has a passion for sports and in recent years he has taken to purchasing some of his own teams. Wes put a large stake in the Aston Villa, a soccer team. He currently owns the Milwaukee Bucks, a professional basketball team in the United States. Wes even owns an e-sports team known as FlyQuest for the massively popular online game, League of Legends. There are many more ventures out there waiting for Wes and he has every intention of exploring as many of them as he can in the coming years, especially sports related. To watch a video click here.
Fortress Investment Group was started up with only a few hundred million dollars worth of capital by Wes Edens, Rob Kauffman, and Randal Nardone. Today, Fortress has billions of dollars worth of assets floating around for investments all over the world and they are one of the largest alternative investment companies in the US. In 2007, Fortress Investment Group was able to purchase Intrawest, one of the biggest ski resorts in the country.
The role of Steve Ritchie at Papa John’s is going to be very important. This is a company that has a long history in building pizza and side items that people depend on for game season. This has become a company that has helped a lot of people when they have a need for pizza for catering events. All the different types of pizzas and the dedication that goes into making sure that these pizzas are made correctly is something that has given Papa John’s a customer quality service connection in the franchise environment. Consumers that are fans of pizza will typically agree that the pizza franchise that gets the business is going to be the one that has the best customer service.
In order to be the best at customer service you must actually get connected with the customers. This is going to be the thing that makes Papa John’s a franchise that others want to embrace. When President Steve Ritchie came into the job of CEO it was no surprise for people that know how promotions are earned inside of the Papa John’s franchise. When he started as a customer service representative he was only making $6 per hour. He would transition up the ladder in a company where internal promotion is quite common. People that want to grow with the Papa John’s establishment have endless possibilities when they are willing to do the work. Ritchie is a perfect example of this. He has proven, over time, that there is a way to work your way up if you really desire to do so. According to qsrmagazine.com, Papa John’s working on its diversity efforts.
Now that Steve Ritchie Papa Johns is in charge of the world’s 3rd largest pizza company it is time to reflect on what he learned during the time that he took on a franchise store owner role. He has already been in a leadership role for operating one of these type of stores. From this current position, however, he knows that there is a lot more in store. There are more customers and employees to listen to. There is a greater need to push and build this brand.
Papa John’s on Facebook: https://www.facebook.com/papajohnsus/photos/an-open-letter-from-steve/10156059623977639/
Western Union has partnered with PSI-Pay and the ecoPayz platform in a move that will expand its client base and provide quicker, more convenient ways to transfer money online or with a mobile device from anywhere. PSI-Pay is a UK-based e-payment system that was founded in 2007. The company is a licensed issuer of MasterCard and Visa credit cards, which it allows clients to use as part of an online wallet or ecoAccount. The online wallet allows customers to send and receive money within minutes, and grants access to partner banks around the world to anyone with an ecoPayz account.
Among the main advantages of PSI-Pay is its network of global partner banks, which grant travelers new freedom to handle banking even when far away from their local bank branch. For example, with the PSI-Pay prepaid card option, clients can use banks and ATMs around the world without having to have a bank account or worrying about their credit card being flagged while abroad. The partnership with PSI-Pay will also make it easier for Western Union customers and PSI-Pay customers to transfer money across borders and between currency systems.
The partnership with PSI-Pay is a nod to changing consumer banking habits. More and more people are opting to use online banking and mobile banking than ever before. The ease and convenience of baking from anywhere means fewer customers are choosing to visit their local bank branches to conduct transactions. Western Union is no stranger to technological advances in the money transferring industry and indeed has remained successful by recognizing changing trends in customer habits and preemptively investing in new technologies.
Western Union was founded over 150 years ago and has been offering wire transfer services since 1871. At the time of its founding, the ability to send money by telegraph was game-changing. It meant that settlers in the American South West could receive money from the East Coast in a matter of days instead of weeks to months. They were the first company to figure out how to send photographs through the wire. And when the telegraph was becoming outdated, Western Union transitioned to radio wave transmissions. At the dawn of the internet age, Western Union sent 5 satellites to space to improve their speed and range for transmissions and began offering internet and telephone money transfer options in 2002. The new partnership with PSI-Pay will allow Western Union to continue modernizing the services it offers to customers by providing new flexible e-money transfer options.