Category: Canada

Gregory Aziz: Figuring Out the Impossible and Doing It

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It’s difficult taking over a company that already has a well-established reputation. The older the company, the harder it is to successfully lead it into the future. There are many contributing factors that have to be considered at the same time.

If anyone’s thinking about joining a company that’s been around for more than 100 years, it’s not easy to take a management position. Companies that old have their rules and standards that every new manager must adhere to. At the same time, it’s important to bring their own flair to the company.

Trying to figure out how to introduce new ideas without stepping on anyone’s toes is nearly impossible. On one hand, the new idea might work out and earn that person a promotion. On the other hand, the idea might go against what the company believes in without realizing it.

 

It’s important to find that perfect fit when choosing a new CEO. CEOs, in particular, have to consider a lot before making any changes, major or slight. If they make the wrong the choice, it could affect the entire corporation and damage the company’s long-standing reputation. It’s almost not worth the risk. Get More Information Here.

 

Fortunately, this is not something that Gregory J. Aziz had to deal with when he joined National Steel Car. He joined and immediately noticed how much everyone wanted to be there, and how much the company enjoyed having everyone there. That’s something that’s easy to capitalize on without making drastic changes that dishonor the company’s founding values.

 

Luckily, National Steel Car values its workforce as much as Greg Aziz. James Aziz began making changes that affected the employees in a positive way. By lifting their spirits and making them valued members of the company, productivity and efficiency increased ten-fold.

 

Under his leadership, the company experienced more success than ever before. National Steel Car was already one of the leading manufacturers of steel cars, but James Aziz made them the first ISO certified manufacturer in North America. Little changes brought big success without very much effort on anyone’s part.

 

That’s the genius that is Greg Aziz. He figured out how to perfect the company’s already perfect record and developed more innovate products at the same time. The company’s customer base has grown exponentially.

 

Read More: https://ca.linkedin.com/in/gregaziz

From The Oil and Gas Ashes Grew Obsidian Energy Ltd

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Penn-West was a medium sized oil and natural gas producer headquartered in Calgary Canada which was formed in 1979. Due to a reorganizational change, Penn-West not only changed its name, but the company changed the way it operates. Obsidian Energy Ltd., is the new name of what is now a global energy company which is growing exponentially in other acquisitions, petroleum and gas explorations, and varied fuel developments.

 

With the restructuring of Penn-West to Obsidian Energy, the oil rich territorial coverage extends from the eastern and western Canadian areas into the United States, covering much of the state of Montana. Naturally there were many other evolutions like a different New York Stock Exchange and Toronto Stock Exchange logo and decisions to make in how and in what direction Obsidian is to grow. The company also changed how they will conduct business so that its industry symbol will be one of safety, strength, and a better run organization.

 

Other shareholder approved changes included a new executive compensation package, the reduction of Penn West shareholder capital revenues, and various amendments. David French is the President and Chief Executive Officer of Obsidian Energy. He spoke very positive about the company’s future which he says will be based on the principles of discipline, value-entrenched technical and commercial value, and the progression of innovation. Mr. French further said that the new reorganization will produce transparency with partners, shareholders, and the communities in which the company is operating in. Go To This Page for more information.

 

Mr. French stated that Obsidian Energy Ltd., is already designed with a healthy actuarial strategy that brings stability and better prices in this financially and energy driven environment. David says that the company carried a debt level during the restructuring. However, based on the recent daily barrel extraction numbers, there is vast improvement. The name Obsidian has meaning for the new company. Obsidian is a natural volcanic glass that is easy to be sharpened with a keen edge. Like the new company, everyone has survived many obstacles to become a sharp focus in the industry. Obsidian management believes that its oil and gas exploration production will continue to grow by five percent for year 2018.

 

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The History of Gregory Aziz & National Steel Car

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National Steel Car has a long, storied history that dates all the way back to 1912. It was founded under the name Imperial Car Company, but its owners decided to change to National Steel Car only a month later. Since its foundation, the company has been a producer of freight cars. Over the company’s existence they have built gondola cars, passenger cars, bagged cars, and more, but now they simply focus on commercial transport cars.

 

Gregory James Aziz has made many of the vital changes to National Steel Car. Since 1994 the company has been going through a period of extreme growth. It is all thanks to decisions made by Greg J. Aziz. He purchased the company in 1994 and led the company through a tough time for the entire industry. When the smoke had settled, National Steel Car was not only still active but an industry leader.

 

The company’s success was made possible by Gregory James Aziz‘s excellent education and experience in the financial industry. Greg Aziz major in economics during his time as the University of Western Ontario. He also attended Ridley College.

 

Greg Aziz was born in London, Ontario, Canada in 1949 and grew up with parents who owned a food production and distribution company. He grew up to briefly work for the company. It was called Affiliated Foods. During his time with the company he began what would later turn out to be a period of growth for the company. It is now an international distributor.

 

Greg Aziz attained the wealth necessary to purchase National Steel Car during his time in New York. He made wise investments and in 1994 he finally purchased National Steel Car, which was located in his home province back in Canada. See Related Link for more information.

 

National Steel Car is not only the leader of its industry, it has also been honored, since 1996, with the TTX SECO highest quality award. It is because of their relentless venture towards higher quality cars that companies such as CSX purchase cars from National Steel Car. National Steel Car also provides the freight cars for Canada’s rail systems like Canadian National Railway.

 

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Gregory James Aziz: Leading the National Steel Car

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Gregory James Aziz, a wealthy Canadian businessman, and entrepreneur has been leading the National Steel Car for more than two decades. Greg Aziz bought the rolling stock manufacturing firm from Dofasco, a Canadian steel-maker, and he immediately assumed the top positions, effectively being the chairman, president, and CEO. His work with the National Steel Car began as soon as he got hold of the company. During the years between 1994 and 1999, Gregory J Aziz enabled the company to grow into a larger firm.

 

 

The National Steel Car became a stable establishment, capable of producing high-quality rolling stocks and other products related to the railroad industry. He also led the increased presence of the National Steel Car to the community and had strengthened its capabilities to serve the people of Hamilton, Ontario, where the company headquarters is located. As the revenue of the National Steel Car increased, Gregory James Aziz started funding several institutions in the community as a form of philanthropy. Sports teams, educational institutions, community events, and several others benefited from the fund that was donated by the National Steel Car.

 

 

Gregory James Aziz adamantly returned the National Steel Car to its previous status as a competitive and profitable Canadian business. Under Greg Aziz’s leadership, the company’s workforce and production drastically increased. The number of employees rose from 500 to 3,000, and the annual production of rolling stocks increased from 3,500 to 12,500. The National Steel Car managed to be back on the pedestal once again after these developments led by their new manager. Gregory James Aziz also managed to get clients from the United States and took the company into the international market. The rolling stocks produced by the National Steel Car is what the American clients prefer, and today, more than half of their clients can be traced back to the United States. Visit This Page for more information.

 

 

The skills of Gregory James Aziz in handling business were developed when he was tasked by his parents to look after their family business called Affiliated Foods. It was a food delivery business which imports food products from Europe and South America, and then it will be sent off to different Canadian cities. He managed to turn their family business into a global company. He also invested in a lot of investment options, and soon, profits came in. When the opportunity to buy the National Steel Car came, he did not think twice and immediately worked with Dofasco to purchase the company.

 

 

Related: https://medium.com/@gregoryaziz

Gregory Aziz: The economist who revived the National Steel Car

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Gregory Aziz is a Canadian businessman and one of the best business executives from the county. Greg Aziz is an entrepreneur who has put the country on the map for all the right reasons. A true ambassador in the field of business, Greg Aziz has helped the country in managing one of the oldest companies in the country known as National Steel Car. Such an accomplishment cannot be dismissed as a just an ordinary achievement. He took over the administration of this company in 1994, and the company is now the best in the region.

 

National Steel Car is a company that deals with the production of rolling stocks. They are also called railroad freight cars. The manufacturing factory was started in 1912 and has been in the manufacturing business for a century. This is not a short duration. It is a period that has seen the company go through the bad and the good of the industry. In the early days of its formation, National Steel Car was performing very well. Its products were in huge demand from the railway’s corporations in the region. The demand kicked off the operations of the company with a bang. It was booming with business as the orders kept on growing.

 

For the first two decades, the performance was awesome. The management of the company then decided that they should expand the company so that it could become the biggest in the industry and it surely happened. The challenge that the company first experienced was in the 1930s when a huge shortage of orders hit them. The world’s economy was doing badly, and demand for products went down. However, the operations would resume well in the 1940s when the Second World War started. There was high demand for their products, and once again they were back in business. Visit This Page for more information.

 

In the 1960s, National steel car was purchased by Canadian steel manufacturing company Dofasco. After three decades, Dofasco gave up the management of the company to Gregory J. Aziz after they failed to manage it properly. Greg Aziz is the person who would revive the company’s operations and make it a top company again.

 

Greg Aziz is an economist. He holds a BSc. Degree in economics from Western Ontario University. He graduated in 1971. He has worked for Affiliated Food Company and some investment banks in the United States. Through his management, National steel car is ISO certified and has won top quality awards multiple times.

 

Related Article: https://remote.com/greg-aziz

Chenevert is Revered in Business Halls

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Louis Chenevert has rightfully earned the title of business legend. When one looks at his track record, it is no wonder why people would hail him with such prominence.

 

He began his illustrious career by attending the HEC of Montréal business school, an extension of the University of Montréal. Here, received a bachelor’s degree in the area of production management. Also, Chenevert earned the respect of his professors who would use their vast networks to land him a job he could use as training to one day become a Chief Executive officer.

 

The job he first job he landed because of his network was as a manager for the Pontiac line at General Motors. Here he would work for 14 years before being offered the role of supervisor. However, he had no intentions of being a supervisor forever. One day he wanted to be a CEO.

 

He would leave General Motors in 1993 to work for the aerospace company Pratt and Whitney. It was here that he cut his teeth on the aerospace aircraft engine manufacturing sector. This would also be the place where he would begin building his military contacts that would one day make him become a legend. More information on Chenevert can be found on Bloomberg.

 

After working for Pratt and Whitney for six years as their president, he will go on to become the chief executive officer of UTC, also known as United Technologies Corporation. In this role, he was in charge of organizing the research and creation of high-technology products.

 

When he arrived at United Technologies Corporation, he knew if he could stabilize the company, it wouldn’t suffer deficits due to industry upheaval. He was able to settle the chaos going on in his organization by first acquiring military contacts through his network. The government agreed to purchase several billion dollars’ worth of merchandise off of United Technologies Corporation. This gave the capital needed to acquire businesses such as Pratt & Whitney, Otis, and Goodrich. These acquisitions would be what was needed to branch out to other sectors and stabilize the company. As of 2017, United Technologies Corporation was worth $68 billion.

 

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Related: https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

How Obsidian Energy Embarked On A New Era

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Obsidian Energy Ltd. is a Canadian company based in Calgary, Alberta. They are led by their Chief Executive Officer David L. French and employee about 400 people. They have oil and natural gas fields that they work which are located in the Western Sedimentary Basin. This area is acknowledged as containing one of the planets biggest petroleum reserves.

 

Like many companies in their industry, low prices for a barrel of oil proved very challenging for Obsidian Energy and its employees. The company used to be called Penn West Petroleum Ltd. In order to survive this period Penn West had to lay off a large number of employs and divest itself of some assets. When David French arrived as the new CEO he put in place plans to turn the company around. It got to the point where the company no longer resembled the Penn West of old. Due to this, French asked shareholders to vote on changing the name of the company so that they could make a clean break with the past as they pursued a new strategy. The shareholder voted and approved this plan and so the company name was changed to Obsidian Energy in the middle of 2017. Click Here for Related Information.

 

Today, Obsidian Energy obtains about 28,000 barrels of oil each day from their oil wells in Alberta. Now that the price per barrel is back up to around $57 a barrel, versus the $25 it had dropped to, the company is doing much better financially. CEO French has said that the company he leads is now much stronger and leaner than it had been before the crisis.

 

The leadership at Obsidian Energy takes their responsibilities to the environment and the communities they work in very seriously. They have a program in place called Community Matters, for example, that keeps their operations respectable towards their contractors and employees as well as the broader community that makes up Alberta. They also strive to minimize the impact that their business has on the environment. This includes such areas as resource conservation and the proper handling of sites they have closed.

Source: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

The Rise Of Obsidian Energy Limited

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Obsidian energy limited is a Canadian company that deals with natural gas and oil production. It has its base in Calgary, Alberta. It was formerly known as Penn West Investments which had three companies; Penn West Exploration, Penn West Petroleum, and Penn West energy trust. It changed its name from to obsidian energy on 26 June 2017. It is a public company headed by David L French as the CEO.

 

 

During the difficulties that rocked the oil industry in 2014, the company had to make some tough choices. It had to metamorphose into a leaner, more agile and functional organization. It had to restructure among is investments and how it conducted business to remain profitable. The move bore fruits for three years down the line; it was able to clear off debt and carry on with its operations as usual.

 

 

Being one of the biggest companies to list in the Toronto stock exchange it features in the top sixty enterprises in Canada. The company boasts of a capital base of about 9.5 billion dollars in assets and other investments around the world. It also is listed on the New York stock exchange. It has about three hundred employees. Visit This Page for more info on the company.

 

 

Obsidian Energy prides itself on service delivery and the entrepreneurial drive that has helped them wade through this constant evolving swamp of the oil industry. It had managed to keep the business running since 1979 when it was formed and started its operations throughout Western Canada.

 

 

Obsidian has oil and gas fields in the Alberta, located along the Western Canadian sedimentary basin, one of the regions known to have some of the most significant deposits of petroleum. Its main production areas are the Pembina Cardium, peace river oil and the Alberta Viking. It has its production totaling to about 31,000 billion barrels in a day.

 

 

Obsidian Energy has also involved in charitable events and donations that help in furthering the humanity and even in the environmental course. It has also been fulfilling its pledge to the community through its community service within its localities such as providing facilities like schools and hospitals.

 

Visit: https://www.bloomberg.com/quote/OBE:CN

How Gregory Aziz’s Drive For Growth Has Made National Steel Car The Company It Is Today

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National Steel Car is a bit of a legend in the railroad industry. The company manufactures and engineer railroad freight cars and has been successful since its founding over 100 years ago. It was founded by six prominent entrepreneurs who banded together with the vision of bringing one of the world’s top rail car manufacturing businesses to Ontario, Canada. They founded the company in Hamilton, Ontario. Throughout its 100-year legacy, National Steel Car has continued to expand and is now the leading producer of rail cars in all of North America.

Today, National Steel Car is under the direction of Gregory J. Aziz. Aziz holds multiple leadership positions including CEO, Chairman and President. He first joined the company after working at an investment firm where he managed the purchase of the company back from a previous owner. The company was impressed with him and he believed it would be a good fit to leave the world of investment banking to work for National Steel Car. Since he started the results of his leadership style have been impressive. In the first four years he managed to grow rail car production from 3,500 cars a year to over 12,000. He also grew the company’s employee base over 400%. These numbers alone are a testament to his success as a leader. However, he also brought a great deal of innovation to the company. Read More On This Page.

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Gregory J Aziz is well known for his focus on innovation. The innovation he has brought to National Steel Car has continued to boost the company’s reputation as the best in the business. It has a reputation as being a company that can be trusted and one that always puts out a top-quality product.

Greg Aziz is known as a leader who constantly challenges his team. He encourages manufacturers to not only meet industry standards, but to consistently exceed them. He encourages his engineering team to always be looking for the latest way to incorporate new technology into the rail car. Unlike many companies in the rail industry, Aziz is always looking for new ways to innovate. He sees technology as the future and always wants to raise the bar to keep National Steel Car as the industry leader.

 

National Steel Car continues to grow under Greg Aziz. The company has earned many prestigious industry awards, most of which it earns on an annual basis. Aziz’s passion for success and dedication to continued growth are just two of the characteristics that drive the company forward.

The New Beginnings of the Obsidian Energy

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Obsidian Energy is a Canadian based moderate-sized oil and gas producer founded in the year 1979. In earlier years the company has evolved from one name to another as a result of necessary changes within all departments in the organization, changes that have affected every aspect of the business. Previous titles are Penn West Exploration Ltd., Penn West Petroleum, and Penn West Energy Trust. The obsidian industry headquarters in Calgary, Alberta, Canada.

 

 

Obsidian Energy is a corporation established on key attributes such as discipline, the constant intensity of the work done, and secure liability to organization shareholders, our partners and the communities in which we operate. The company has an approximate of two hundred workforces. The workforce maintains its well-balanced responsibility of high-quality assets generating approximately 30,000 BOE daily.

 

 

David L French currently heads the company as the president and chief executive officer. Mr. David kick-started his work in the Obsidian Corporation early 2016. Before joining the company, Mr. French served as President and Chief Executive Officer of Bankers Petroleum Ltd. A gas company based in Calgary, the organization traded oil publicly. The company also led operations in Southeastern Europe.

 

 

In addition to its management team, David Hendry serves as the Chief Financial Officer. Tony Berthelet heads the development and operation departments as the Vice President. Andrew Sweerts serve as the Vice President of the Production and Technical Services. Additionally, Mark Hodgson serves as the Vice President of the Business Development and Commercial. The earlier mentioned personnel are the root of obsidian energy success. Go To This Page for additional information about the company.

 

 

Obsidian Energy is committed to making a positive impact in the communities. The industry minimizes the effects of its operations on the environment by meeting complete environmental control, incorporate stakeholder interaction, resource protection, and proper site abandonment and restoration of mined land to a natural.

 

 

Obsidian Energy corporate administration makes it a preference to secure all independent parties have a clear understanding of the partnership strategies to business processes and the expected value of compliance. The Obsidian team works purposefully to develop and sustain.

 

More: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy