OC BUSINESS JOURNAL DAILY NEWS

OC 500: Bill O'Connell

50 years in Anaheim hospitality … started as GM one Best Western, early Disney days … Arizona-strong, Stovall Family bought in … now co-owns 4 in Stovall stable, nearly 700 rooms … O’Connell regular at The Catch (see Joe Manzella) … first job: caddy, Trumbull County Club, Warren Ohio … first car: candy apple red and white 1957 chevy Impala … would meet President Trump’s father Fred

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MemorialCare Talks Medicare for All

HEALTHCARE: Lowered age eligibility possible

Everybody’s talking about “Medicare for All.”

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OC 500: Patrick Fuscoe

Founded firm 1981 … worked on: Dana Point Harbor; Engineering Woodbridge; Reagan federal building; Banning Ranch, Hyatt Regency HB … tech-savvy early adopter ... began in OC on Irvine Co. work, 1970s … offices L.A., San Diego, Ontario, others … $30M revenue, 200 employees … bachelor’s, USC; distinguished engineering alum 2016 … wife, Bonnie … son, Patrick, daughter, Sally, both Trojans

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Midday Stock Roundup

The S&P 500 was up 0.1% to 2,808.85.

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BofA Names New Merrill OC Exec

Bank of America named Joe Holsinger as market executive for Merrill Lynch in greater Orange County.

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Midday Stock Roundup

The S&P 500 was down 0.5% in midday trading to 2,804.13.

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DeCero, Mechanics Go Big With Rabobank Buy

BANKS: Mechanics to be state’s 9th largest

OC finance executive John DeCero is shooting up the banking ladder in California after pulling off yet another unusual deal.

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OC 500: Shirin Behzadi

Franchises home-care businesses, $600M+ systemwide sales … top concept Budget Blinds, one of OC’s fastest-growing large private cos., up 32% to $421M … also Tailored Living—organizing; Concrete Craft—resurfacing … some 1K franchisees across system … Trilantic Capital bought control, 2015 … shopping for acquisitions … Shirin backs Alzheimer’s, cancer work … speaks Farsi

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Long Beach Airport Traffic Down 18%

Long Beach Airport traffic dropped 18% in February to 251,000 passengers.

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Midday Stock Roundup

The S&P 500 rose 0.6% in midday trading to 2,815.63.

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El Pollo Loco Adds COO

Costa Mesa-based El Pollo Loco Holdings Inc. (Nasdaq: LOCO) named Miguel Lozano chief operating officer. He joins the company April 1.

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Fixer Upper

Big Mike’s Latest Vision: Adaptive Reuse Housing in Santa Ana

Mike Harrah is getting into the apartment development game in downtown Santa Ana.

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OC 500: Byron Roth

Heads investment banking firm … well-regarded annual investment confab, 5K participants at Ritz Carlton … ‘I like raising capital for companies; there is nothing better’ … not for someone ‘looking for something safe’ … predecessor co. founded by Walter Cruttenden (see entry) … Roth took helm in 1998 … brothers Gordon, CFO, Ted, president

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Nixon Library Taps Hewitt as CEO

The Richard Nixon Foundation named Hugh Hewitt, a well-known conservative radio host, as its chief executive and president, effective July 1.

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Midday Stock Roundup

The S&P 500 was down 0.3% in midday trading to 2,792.76.

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Luckey: Facebook’s Loss is OC’s Gain

Anduril Thrives Outside Silicon Valley

Palmer Luckey wears his banishment from Silicon Valley like a badge of honor.

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OC 500: Randall Bell

Economist, sociologist analyzes impact of disasters, tragedies—hurricanes, chemical spills, terrorism, airplane crashes, murder sites—for insurance, property value, legal aspects … tries to decipher rebound … not ‘interested in disasters—interested in recovery’ … books include co-writing Leo Fender bio … TEDx talk ‘Rich Habits’ … BYU bachelor’s; UCLA MBA; Fielding Ph.D. … married, four kids

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Irvine Co.'s Wirta to Retire

Ray Wirta is retiring as President of Newport Beach’s Irvine Co., ending a nine-year run at Orange County’s dominant real estate company.

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Midday Stock Roundup

Stocks fell as U.S. manufacturing slipped to its lowest level in almost two years Friday and investors’ concerns deepened over the health of the world economy.

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OC Unemployment Dips to 3%

Orange County’s unadjusted unemployment rate fell to 3.0% in February from a revised 3.3% in January, and below the year-ago estimate of 3.1%, according to the state Employment Development Department.

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Hines’ OC Head To Run Asia Office, HQ

Commercial real estate development and investment giant Hines plans to ramp up its work in Asia, and has tapped the head of the firm’s busy Orange County office to lead the charge.

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OC 500: Joni Rogers-Kante

Business Journal 2018 three-peat— Women in Business, Excellence in Entrepreneurship, Family-Owned— launched beauty products direct-seller 1999 from mobile home … first product: LipSense line … 500+ employees, 200KSF distribution … native Sapulpa, Okla. … new 225-acre facility, Tulsa … prior: Mary Kay … first job: scooping ice cream, Sav-On Drugs … first car: bright orange Toyota … would meet Gandhi

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CoolSys Bought by Ares

CoolSys, a Brea-based company that installs and maintains refrigeration and heating systems for companies like Costco and Starbucks, was acquired by Ares Management Corp.

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Midday Stock Roundup

The S&P 500 gained 0.8% at 2,847.31.

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Banc of California Shuffles CEOs Again

Banc of California Inc., the second largest bank based in Orange County, decided 22 months was enough for Doug Bowers as chief executive.

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