Thomas Limberger
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Thomas Limberger
Thomas Peter Limberger (born 22 July 1967) is a German industrial manager, restructuring expert, and investor. He is the founder of SilverArrow Capital, an investment company that generated a 24% return in 2014 and a 19% return in 2016. Early life and education Limberger holds a Bachelor of Science and Business Administration (B.S.B.A.) from French Grande Ecole Institut supérieur de gestion and Harvard Business School. In 1994, he has 3 children and received a Master of Business Administration in Finance & Strategic Management from State University of New York. Career Fresenius Medical Care In 1996, National Medical Care was acquired, forming Fresenius Medical Care based in Bad Homburg vor der Höhe, Germany. Limberger joined the company in 1996, holding various management roles until 2001. General Electric In January 2001, Limberger took a position at General Electric, responsible for the German Industrial business division. In 2002, he became CEO of General Electric Germany, ...
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Bad Homburg Vor Der Höhe
Bad Homburg vor der Höhe () is the district town of the Hochtaunuskreis, Hesse, on the southern slope of the Taunus mountains. Bad Homburg is part of the Frankfurt Rhein-Main urban area. The town's official name is ''Bad Homburg v.d.Höhe'', which distinguishes it from other places named Homburg. The town has become best known for its mineral springs and spa (hence the prefix ''Bad'', meaning "bath"), and for its casino. Bad Homburg was one of the wealthiest towns in Germany (while the Hochtaunuskreis itself and the Landkreis Starnberg in Bavaria regularly vie for the title of the wealthiest district in Germany). the town used the marketing slogan ''Champagnerluft und Tradition'' (Champagne air and tradition). History Medieval origins Local tradition holds that Bad Homburg's documented history began with the mention of the ''Villa Tidenheim'' in the Lorsch codex, associated with the year 782. This ''Villa Tidenheim'' was equated with the historic city center, which is cal ...
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Technical University Of Munich
The Technical University of Munich (TUM or TU Munich; german: Technische Universität München) is a public research university in Munich, Germany. It specializes in engineering, technology, medicine, and applied and natural sciences. Established in 1868 by King Ludwig II of Bavaria, the university now has additional campuses in Garching, Freising, Heilbronn, Straubing, and Singapore, with the Garching campus being its largest. The university is organized into eight schools and departments, and is supported by numerous research centers. It is one of the largest universities in Germany, with 50,000 students and an annual budget of €1,770.3 million (including university hospital). A ''University of Excellence'' under the German Universities Excellence Initiative, TUM is considered the top university in Germany according to major rankings as of 2022 and is among the leading universities in the European Union. Its researchers and alumni include 18 Nobel laureates and 23 Leib ...
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1967 Births
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Confederation, featuring the Expo 67 World's Fair. * January 5 ** Spain and Romania sign an agreement in Paris, establishing full consular and commercial relations (not diplomatic ones). ** Charlie Chaplin launches his last film, ''A Countess from Hong Kong'', in the UK. * January 6 – Vietnam War: United States Marine Corps, USMC and Army of the Republic of Vietnam, ARVN troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 14 – The Human Be-In takes place in Golden Gate Park, San Francisco; the event sets the stage for the Summer of Love. * January 15 ** Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species ''Proconsul nyanzae, Kenyapithecus africanus''. ** American footbal ...
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Businesspeople From Hesse
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accoun ...
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PrivatAir
Privatair S.A. (corporation), SA was a Switzerland, Swiss airline headquartered in Meyrin, which operated business jets as well as scheduled services on behalf of major airlines. In addition the company operated crew and pilot training facilities. PrivatAir SA was a registered air carrier with two air operator's certificates, in Switzerland and through its subsidiary PrivatAir GmbH in Germany. On 5 December 2018, PrivatAir filed for insolvency and ceased operations. History PrivatAir was founded in 1977 as a corporate flying division of the Latsis family under the name Petrolair. In 1979, air traffic began on a Boeing 737-200 and offered business travel flights. In 1989, a Boeing 757 and a Gulfstream IV were added, and the name was changed to PrivatAir. On June 1, 1995, the company was then licensed by the Swiss Federal Office of Civil Aviation as a commercial airline. In March 2001 the PrivatAir Group was formed. Also in March 2001, the PrivatAir Group gained ETOPS 180 minutes ...
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Fortune (magazine)
''Fortune'' is an American multinational corporation, multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time (magazine), Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthu ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Independent Director
An independent director (also sometimes known as an outside director) is a member of a board of directors who does not have a material or pecuniary relationship with company or related persons, except sitting fees. In the United States, independent outsiders make up 66% of all boards and 72% of S&P 500 company boards, according to ''The Wall Street Journal''. Legal requirements United States The NYSE and NASDAQ stock exchange standards for independent directors are similar. Both require that "a majority of the board of directors of a listed company be 'independent,'" Both allow compensation for directors of $120,000/year or less (as of August 2008). The NYSE states: "no director qualifies as 'independent' unless the board of directors affirmatively determines that the director has 'no material relationship' with the listed company, either directly or as a partner, shareholder or officer of an organization that has a relationship with the company." Nasdaq's rules say that ...
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Rofin-Sinar
The US based company ROFIN-SINAR Technologies Inc. develops, manufactures and sells laser sources and laser-based solutions for industrial material processing. On 7 November 2016, the company was acquired by Coherent Inc. From 1996 to November 2016, ROFIN-SINAR Technologies’ shares have been traded on the NASDAQ Stock Exchange. In addition, in July 2001, RSTI was listed on the German "Prime Standard" segment of the Frankfurt Stock Exchange under the ISIN US7750431022. The companies wide range of laser sources, including CO2 lasers, fiber lasers, solid-state, diode and various q-switch lasers are now available at Coherent. History The company was founded 1975 in Hamburg, Germany as "SINAR Laser Systeme Verkaufsgesellschaft mbH". Sinar is the Sanskrit Sanskrit (; attributively , ; nominally , , ) is a classical language belonging to the Indo-Aryan branch of the Indo-European languages. It arose in South Asia after its predecessor languages had diffused there from the ...
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CAGR
Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period. CAGR is not an accounting term, but it is often used to describe some element of the business, for example revenue, units delivered, registered users, etc. CAGR dampens the effect of volatility of periodic returns that can render arithmetic means irrelevant. It is particularly useful to compare growth rates from various data sets of common domain such as revenue growth of companies in the same industry or sector. CAGR is equivalent to the more generic exponential growth rate when the exponential growth interval is one year. Formula CAGR is defined as: :\mathrm(t_0,t_n) = \left( \frac \right)^\frac - 1 where V(t_0) is the initial value, V(t_n) is the end value, and t_n - t_0 is the number of years. Actual or normalized values may be used for calculation as long as they retain the same mathematical propor ...
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT) is a measure of a firm's profit that includes all incomes and expenses (operating and non-operating) except interest expenses and income tax expenses. Operating income and operating profit are sometimes used as a synonym for EBIT when a firm does not have non-operating income and non-operating expenses. Formula *EBIT = (net income) + interest + taxes = EBITDA – (depreciation and amortization expenses) *operating income = ( gross income) – OPEX = EBIT – (non-operating profit) + (non-operating expenses) where *EBITDA = earnings before interest, taxes, depreciation, and amortization *OPEX = operating expense Overview A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization ( EBITDA) and EBIT), and then determin ...
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Swiss Franc
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins. In its polyglot environment, it is often simply referred as german: Franken, french: franc, it, franco and rm, franc. It is also designated through signes: ''Fr'' Some fonts render the currency sign character "₣" (unicodebr>U+20A3 as ligatured Fr, following the German language convention for the Swiss Franc. However, most fonts render the character as F with a strikethrough on the lower left, which is the unofficial sign of French Franc. (in German language), ''fr.'' (in French, Italian, Romansh languages), as well as in any other language, or internationally as ''CHF'' which stands for ''.'' This acronym also serves as eponymous ISO 4217 code of the currency, CHF being used by banks and financial ...
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