This week we profile the five honorees from the Business Journal’s 11th Annual CFO of the Year Awards, including Apria’s Debby Morris, a fan of military methods, big data and hiring smarter.
Jurors deadlocked Wednesday in the retrial of local medical device executive Jim Mazzo on insider trading and perjury charges. Judge Andrew Guilford declared a mistrial.
The jury in the retrial of former Advanced Medical Optics (AMO) Chief Executive Jim Mazzo deliberated for a third day on Tuesday and went home—with reports that one was ill. Mazzo is being retried at the Ronald Reagan Federal Courthouse in Santa Ana on 16 counts of violating insider trading laws and four new counts of perjury.
For the second time in a year, the fate of Jim Mazzo is in the hands of a federal jury. Prosecutors are still alleging the founder and former chief executive of Advanced Medical Optics violated insider trading laws by telling his friend and Laguna Beach neighbor Doug DeCinces that his company was being bought by Abbott Laboratories.
Medical device executive Jim Mazzo’s fate is once again in the hands of a federal jury.
For the second time in a year, the fate of Jim Mazzo is in the hands of a federal jury. Prosecutors are again alleging that the founder and former chief executive of Advanced Medical Optics (AMO) violated insider trading laws when he disclosed to his friend and Laguna Beach neighbor Doug DeCinces that his company was being bought by Abbott Laboratories.
‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner‘Shark Tank’ Winner Shreds Sales With Sir Richard as Partner
Seventh-grade entrepreneur, TED talker and Richard Branson protégé Carson Kropfl insists he “wasn’t an overnight success.”
Patty. By now you know the tragic story of CDM High School student Patrick “Patty” Turner. Patty took his life on Saturday, Jan 27. The sophomore’s final exams started the following Monday.
MEDIA: Rare ‘trifecta’ latest validation of business plan
The narrative and documentary films that opened the Sundance Film Festival last month were both directed by Chapman University film school alumni.
ECONOMY: Gen X, self- employed most sanguine
A fourth-quarter survey of Orange County consumers isn’t a total referendum on the 2017 Tax Cuts and Jobs Act.
How Costa Mesa Dealt With Cannabis County
Costa Mesa councilman Jim Righeimer pretty much knew California’s Prop. 64 was a winner—the measure legalizing cannabis to smoke in the home and to grow, sell and distribute as a licensed business—he just didn’t want his city “to be the first to sell it in the post-prohibition era.”
For the most part Orange County doesn’t have celebrities. At least not the Hollywood kind. Orange County has business celebrities.
Julie Hill has ascended to the upper echelon of Orange County business and civic life. Now the chair of the UC-Irvine Foundation faces another corporate hurdle straight ahead.
ECONOMY: Losing our ‘seed corn generations’
Last year Chapman University researchers Marshall Toplansky and Joel Kotkin published study “OC Model: A Vision for OC’s Future.”
FINANCE: Two OC banks see plenty of opportunities
Opus Bank and Banc of California Inc., which experienced turmoil last year, said they’re boosting lending this year.
FINANCE: To provide home-improvement loans
Foothill Ranch-based LoanDepot LLC launched two businesses to expand its real estate lending, including one that competes against investor magnet and fintech giant GreenSky LLC.
In March the Business Journal debuts our list of the largest charitable gifts of 2017… long list, considering the cutoff of $1 million.
This week's issue features a diverse group of Orange County executives—bred from here to Auckland—and their common obsession beyond work: rugby.
Amazon’s decision to decline the three OC bidders tickets for its Big Dance of 20 HQ2 finalists was unsurprising, still disappointing and … confusing.
MEDIA: Sustainable newspaper model still evolving design
Whether the Orange County Register, its parent, Southern California News Group, and group parent Digital First Media Corp. are profitable is an open question. They’re all private entities, majority-owned by another—New York-based hedge fund Alden Global Capital, and it doesn’t disclose financials, much less break them out, doesn’t have to.
In this week's issue, OC automakers paced a mini-jobs drive in 2017 among foreign-owned firms — keeping alive a multi-year streak of such companies adding to payrolls.
John DeCero doesn’t worry about technology—the Great Disruptor in seemingly all industries— disrupting his business: banking.
Was a time when the folks who worked at ESPN “had all the fun.”
Mohamed El-Erian touts the ‘OC Edge’ in a wide-ranging interview in the Jan. 8 issue of the Business Journal.
The idea was a ride-sharing service where women drivers served women passengers—the safety of both the driving force behind See Jane Go. But just sixteen months after its first fare, See Jane Go stopped operations Tuesday night.
Evolus Inc. plans an IPO of up to $75 million, according to documents filed with the SEC Tuesday.
In looking out to the first quarter, Orange County executives turned up the optimism. That’s according to California State University-Fullerton’s Orange County Business Expectations Survey, which popped seven points from 88.2 to 95.2 quarter-over-quarter.
Subrina Hudson has come home. Sort of. From 2013 to 2017, Hudson covered retail and advertising, among other beats, for our sister publication, the Los Angeles Business Journal.
Sept. 8 around 1 p.m. Donald Bren and Irvine Co. announce they’ll urge the city of Irvine to join up to vie for Amazon’s HQ2.
The Business Journal has selected Irvine Company Chairman Donald Bren as its Business Person of the Year.
Needle Point: Wednesday, Dec. 6, I was commended to read two books (in one year?) … “Reinventing the Administrative State” and “Financial Management Theory in the Public Sector,” –both apparently preach the same sermon: “When Money Talks, the Truth is Silent.”
Cleveland-based CBIZ, Inc. (NYSE: CBZ), the No. 10 U.S. accounting firm, bought McKay & Carnahan Inc. of Newport Beach on undisclosed terms.
Breaking at press time … Newport billionaire Ron Simon sells RSI Home Products to Va-based American Woodmark … $1.08B, in stock, cash, debt assumption … Simon founded his Anaheim cabinet-maker in ’89, products widely respected for high-quality and value—on pace for $560M sales ‘17.
Avanir Pharmaceuticals Inc. will lay off 73 employees by the end of January from its US work force as part of a restructuring. We’re told the majority will be outside of its Aliso Viejo headquarters.
Real estate services giant JLL’s 2017 Tech Report on STEM grads shows average U.S. pay for math and science jobs 80% above all gigs. In OC: $94,780 vs. $55,890.
Busy Year for Jenny Wang, Who’s Bred for Business
Jenny Wang grew up in her family’s shoe manufacturing business. She ultimately parlayed her business expertise into a general counsel position at Irvine-based MerchSource. The company designs, develops, imports and distributes consumer goods, such as electronics and toys.w
Association of Fundraising Professionals—OC honored eight of the county's outstanding givers at a National Philanthropy Day today before a lunch crowd of 680 at City National Grove in Anaheim.
A crowd of more than 400 members of Orange County’s corporate and legal communities gathered to honor this year’s top in-house lawyers at the Business Journal’s eighth annual General Counsel Awards.
Fifi Chao the longtime Orange County restaurant columnist died Monday. She was 81.
Matt and Ross Duffer (Chapman ’07) didn’t put Chapman’s Dodge College of Film and Media Arts on the map—but they sure made the University in Orange easier to find.
Among our P1 stories, Mediha DiMartino found a nondescript Garden Grove co. sitting on new business that could triple sales—a story anytime, more so when the growing concern is part of a 352-year-old French manufacturer.
Deadline gone for Amazon’s HQ2. I was in London at Trafalgar Square when that city won the bid for the 2012 Olympics.
‘Corporate Philanthropy Is in a Renaissance’
The list in this Special Report is unusual for the Business Journal in two ways. It’s a first—the first list of local-market Civic 50 honorees in the country. And it’s likely a first Business Journal list without financials. Rightly so.
REAL ESTATE: Diamond Jamboree owners invest
The land underneath the Newport Beach Tennis Club has been bought by a prominent area retail developer.