Archive for the ‘Business’ Category

Nov

11

2008

The Ezaki family has been creating and innovating confectionary products, including the immensely popular Pocky, since 1922. Their company, Ezaki Glico is currently run by Katsuhisa Ezaki, who has been serving since 1982.

First sold in 1966, Pocky consisted of a biscuit stick coated with chocolate. Simply enough, right? It had sales of ¥30b yen in its first two years (roughly $30.2b USD) and was an instant hit among Japanese teenagers.

Founding Father
After the death of one of his sons, Riichi Ezaki had retreated to a fishing village and noticed a group of very healthy and active children playing. Further investigation yielded the villagers’ high consumption of oysters which contained elevated levels of glycogen.
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Sep

18

2008

Vikram Pandit is CEO of Citigroup, the world’s largest bank, and employs 358,000 people around the world in 100 countries. He was formerly President and COO at Morgan Stanley from 2000 to 2005. He is a former board member of the NASDAQ.

Vikram was born in India to a moderately affluent family. He moved to the US to attend Columbia University where he received a BS (electrical engineering), MS (electrical engineering), MBA, and Ph.D. in finance. Vikram is also a trustee at Columbia University.

After obtaining his multiple degrees in succession, Vikram became a professor at Indiana University Bloomington before joining Morgan Stanley’s institutional securities division. He was responsible for building their prime brokerage services. Afterward, he started his own hedge fund called “Old Lane,” which was later purchased by Citigroup, at which point Vikram was offered a job. When he was appointed to CEO, his father was quoted as saying,

“He was a brilliant boy. In school, he always stood first in his class. He is very astute and focused. I saw him rise. Vikram has stood to my expectations.”

Got to love them Asian parents!
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Sep

17

2008

Jerry Yang is co-founder and CEO of Yahoo! Inc. He is worth an estimated US$2.3 billion and ranked 524th among the richest people in the world. Mastering the English language in only three years during his high school years, Jerry was soon placed in an AP English class. He went on to Stanford University where he graduated with a B.S. and M.S. degree in electrical engineering.

Jerry has been a leading force in the Internet media industry for as long as anyone can remember. He has built Yahoo! into a destination network of sites that attracts 3.4 billion views per day. Yahoo! remains the world’s most highly trafficked website–beating Google–and is one of the world’s most recognized brands.

Yahoo was originally started in 1994 when Jerry was a PhD student. He jokes, “Really, we’d do anything to keep from working on our theses.”

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Sep

13

2008

Gurbaksh Singh Chahal, known to his friends as “G,” is an award winning American entrepreneur who has created companies worth over $340 million. He is the Founder & CEO of two advertising companies which were sold for over $340 million.

G grew up as a Sikh in California, the religion that requires wearing a turban. He recalls,

Once when I was 10, I went to the local elementary school to play basketball. While I was playing, two kids were saying derogatory things to me. One said, “Come here.” He pulled a knife on me and told me to take my blue turban off.

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Sep

1

2008

http://www.heritagetidbits.com/images/Quotepics/An_Wang.jpg

Ever wonder how your computer is able to remember what you type? Well, the underlying technology was developed by Dr. An Wang, who co-invented the pulse transfer controlling device with Harvard classmate Way-Dong Woo. His company, Wang Laboratories, helped a clumsy new technology evolve into useful calculating machines and word processors, creating impetus for the personal computing revolution.

For this and other inventions, An was inducted into the National Inventors Hall of Fame which only recognizes an elite group including Edison, Pasteur and Bell.
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