Archive for August, 2011

Peter Bauert’s Early Start in the Industry

August 24th, 2011

Parallels Inc is a worldwide leader in virtualization and automation software that optimizes computing for consumers, businesses, and service providers across all major hardware, operating system, and virtualization platforms. Founded in 1999, Parallels is a fast-growing company with 800 employees in North America, Europe, and Asia. Peter  Bauert the present Chief Finance Officer and Chief Operating Officer of this virtualization and automation software company leads the corporation’s  innovative growth and success in providing simple and yet efficient computer software for school, work or home applications. As much as the success is attributed to the company, the team of executives responsible for its achievements is also equally important.

 

Peter Bauert leads the Executive team of Parallels as its CFO and COO since March 2008. But prior to him joining Parallels, he had displayed tremendous success in his past affiliations, which made him the number one choice for Parallels.  He started his career as a Development Manager for Siemens Stromberg Carlson in 1989.  After staying for five years, he preceded to greener opportunities as Consultant for Bain & Co a privately held management consulting company in 1996.  In 1997, Peter Bauert began his career in the software industry as VP for Corporate Development for Cybergold. He was the key person for business and corporate development functions, including identification, valuation, recommendation, and negotiation of acquisition targets and terms and was responsible for strategic partnerships within the business. Among the list of his accomplishments are:

  • Increased revenues by negotiating content distribution  agreements;
  • Boosting revenue by more than  60% when Cybergold acquired iTarget;
  • Closing a deal of substantial premium when he advised the CEO to sell the company to MyPoints;
  • Drove e-traffic with a frequent shopper program in Smartfrog.com which he later sold to Cybergold.
  • Raised Funding and grew operations of 100,000 active members;
  • Established Distribution Agreements with other shopping related sites and negotiated the successful sale of the company.

 

Finding he liked the software industry, Peter Bauert’s growth in the business became unstoppable after that. He later became the CFO for SalesDriver in 2000 and was responsible for its strategy, corporate and business development functions in the internet industry. Just before his current post, he also became the EVP for Strategy & Operations in 2002 this time in the Computer Software Industry.

 

How a Snack Food Company Influenced the American Culture

August 18th, 2011

Bread and snack cakes – everybody loves these two pastry creations, those soft and sweet pies are always irresistible. In the United States, eating and munching sweet and delicious snack foods have been part of the long tradition of Americans’ love for food. Hostess Brands, Inc., a snack-food company that has been in the industry since 1930 never fails to please the tummy of many Americans. Hostess Brands, the maker and distributor of many popular and favored snack food products like Ding Dongs, Suzy Q’s, Mini Muffins, Pudding Pies, Doughnuts, and Twinkies. These snack foods became popular because of their distinct taste. Although the taste of the company’s food is one of the reasons for its success, the people behind the brand should also be credited. In entrepreneurial sense, Hostess has been a stable brand because of the people running its management. A great company should always be backed with quality leadership. Hostess is known for its experienced executive team members like Gary Wandschneider. Wandschneider, the company’s EVP for Operations, has been involved in the food industry for many years. He has worked as an executive for Pepsi Bottling Group before he joined the Hostess Brands.

A food company can never succeed without the proper guidance of its consultants. In the case of Hostess, business decisions are based on experienced advises from its reputable consultants like Gary Wanschneider. Hostess Brands have influenced the American culture in a way or two. The company has raised the standards for delicious and healthy snacks in the U.S. and other parts of the world.

The industry of snack foods is a competitive one. There are many snack food companies offering marketable products. However, only the company with the passion in satisfying the needs and wants of its consumers stays on top. Arguably, Hostess have been consistent in bringing something new to the table, innovations are always part of the company’s creed. A company that knows how to take care of its market wins the heart and tummy of the people. In the end, Hostess’ executives like Gary Wandschneider would not decide if the company is doing well, it is the people