Bob Reina: He Sees The Big Picture

As far as Bob Reina is concerned, there is a lot to like about this man. As a matter of fact, if someone did not like him, there would be something wrong with him or her. That might sound a little forward, but that is how much people believe in Bob Reina and what he stands for as the CEO and founder of Talk Fusion, the very best in video communications. They won two awards in 2016 including the 2016 Communications Solutions Product of the Year Award. They are always gaining steam and it starts with the leader, Bob Reina. He is everything that people look for in a leader and then some. He is not shy about going out there and delivering for the customers. He knows they rely on him and he wants to deliver for them. Learn more: https://www.crunchbase.com/person/bob-reina#/entity

 

He also knows his employees are counting on him. As a former police officer, he had people counting on him in the past as well. He never wanted to let them down and he never did let them down. He takes his responsibilities seriously. When Bob Reina talks, he is sending a message to everyone out there that uses Talk Fusion in their everyday life. This is a product with video newsletters, video emails, video conferences, and video chats to name a few. Chances are that if it has something to do with video, Bob Reina is on top of it and ready to tackle it. The same goes for his amazing IT team, a team he is always quick to thank and give praise to whenever he gets the chance.

 

That is the true mark of a leader: allowing others a chance to get their day in court. Bob Reina knows Talk Fusion is one big family and a family needs to communicate. They are always looking for ways to improve the product but also give back. Right now, Talk Fusion has 30-day free trials for customers that are looking to try it out for the first time. Once they see all of the benefits, they will be hooked on Talk Fusion.

 

As Luiz Carlos Trabuco Vacates Top Spot At Bradesco, Questions Are Raised About Replacement

Luiz Carlos Trabuco has had a roller-coaster tenure at the top of Brazilian banking giant Grupo Bradesco. The 67 year old CEO, who has spent his entire career with the firm, oversaw a tumultuous period in the company’s life, with the stock price, at one point, dipping to just 20 percent of its 2009 high.

But Trabuco was able to counter the bad performance of his first six years with one of the greatest coups in Brazilian business history. In 2015, Trabuco gained national attention when he led the acquisition of HSBC Brazil for $5.2 billion, in an all cash deal. With one master stroke of the pen, Trabuco had put the ailing Bradesco back on top, turning the tables on arch rival Itau Unibanco and repositioning Bradesco as the clear leader in the industry.

Trabuco’s shot clock runs down to zero

One consequence of the successful completion of the HSBC Brazil acquisition was that Trabuco was granted a series of extensions, which allowed him to work past the normal mandatory retirement age of 65. Now 67, Trabuco’s time has run out. Bradesco chairman Lazaro Brandao has announced that he will no longer be renewing Trabuco’s contract extensions. Instead, Brandao, who is, himself, retiring, has said that Trabuco will take his old position as chairman and appoint a replacement at CEO by no later than March of 2018. Although Brandao is approaching 92 years old, the announcement of his departure did not sit well with all investors, some of whom still clearly harbor nervous feelings about Trabuco’s ability to lead.

But Brandao has stated that he has utter confidence in Trabuco’s abilities and character. And these statements are not without reason. Other than Brandao himself, who first joined the bank at the age of just 16 and rose through the ranks through hard work and talent, Trabuco easily ranks as one of the most influential employees of Bradesco in the bank’s history.

Read more: Bradesco to Choose Board Member as New President, says Trabuco

As many will freely acknowledge, Trabuco’s performance in his first six years as CEO are largely a product of the macroeconomic and competitive environment that he inherited. It is unlikely that any other CEO could have made better lemonade out of the particular lemons that Trabuco was handed. Some say that Trabuco could have done more to prevent the merger of Itau and Unibanco. But there is little evidence for this assertion.

However, Trabuco arguably accomplished more in his time at Bradesco before assuming the bank’s top spot than he did while CEO. As the president of the marketing department, in the early 80s, Trabuco was responsible for modernizing and streamlining the bank’s marketing and public relations efforts. This paid off handsomely, as Bradesco was attracting clients at rates never before seen by the time Trabuco left the position.

He was then promoted to the head of the firms fledgling financial planning division. There, he grew the unit from relative obscurity into a business line accounting for almost one third of the corporation’s total profits. The unit continues to be a major driver of profits to this day.

Later, Trabuco was again promoted to the head of the bank’s insurance division. There, he was able to more than double the division’s output, allowing it to become the single largest underwriter of retail insurance policies in the country. All of these accomplishments had major and lasting effects on the profitability, growth and business philosophy of the company.

It is by looking at accomplishments like these that it becomes easy to conclude that Trabuco is, as Brandao explicitly put it, the right man for the job. There is little question Trabuco will make an apt chairman.

Search more about Luiz Carlos Trabuco: http://www1.folha.uol.com.br/mercado/2017/10/1926043-lazaro-brandao-sera-substituido-por-trabuco-no-conselho-do-bradesco.shtml