Category: CEOs

Eric Lefkofsky Asserts That Business May Spell the End of Cancer

Billionaires typically think bigger than the rest of us; maybe that’s why they’re billionaires. Rarely are their thoughts more apparent than in The Giving Pledge, formed in 2010 to fuel philanthropy among the world’s wealthy elite. Some 154 billionaires in 16 countries had joined the organization as of June of 2016, with co-founder Bill Gates expressing surprise at the outpouring of support and another member fueling a dream infinitely larger than dollars and cents.

 

His name is Eric Lefkofsky, whom you may know as the founder of Groupon, an e-commerce site linking local consumers and merchants through offers on goods and services. His longer-term goals rest with Chicago’s Tempus Health Inc., of which he is chief executive officer.

 

Tempus’ ideal is to assist physicians in the care of cancer patients by providing real-time technology-driven data on the disease — data resulting from the years-long technological explosion that reveals them. Mathematicians, computational biologists, data analysts and software engineers team with doctors and clinicians in a search for the best possible medical results.

 

“We now can gather incredibly rich… data,” Leofsky says in a film on the firm, “but how do we analyze it? How do we help physicians while they’re treating a patient that might actually improve outcomes? That’s what Tempus is delivering.”

 

Tempus is currently focused on the treatment of breast, lung and pancreatic cancers.

 

According to Chicago Tribune, Lefkofsky calls his approach to Tempus one of “accelerated disruption,” with technology leading the way in determining the pace of world commerce. Gone, he would say, are the days of the rotely sealed contract inside a smoke-filled board room.

 

“Disruptive companies,” Lefkofsky writes on the website accelerateddisruption.com, “are born every day. Someone has a great idea that offers a better choice in terms of price, convenience, service or functionality, and for a moment, they hold the keys to the remaking of an entire industry. Businesses that can understand and control the forces of technology will thrive in the coming years.”

 

The Giving Pledge is arguably delighted with its contributions from The Lefkofsky Family Foundation, which funds several Chicago-area programs in education, medicine, the arts and human rights endeavors. With Tempus, Lefkofsky has a state-of-the-art company designed to enhance and prolong the lives of those programs’ beneficiaries.

 

Lefkofsky, 47, is a Detroit native and a 1993 University of Michigan law school graduate.

 

Anthony Petrello Finds His Calling

Tony Petrello is the Chairman of the Board of Nabors and Nabors Industries. He has been President and CEO of the companies since 2011. He has a B.S. and M.S. in Mathematics from Yale University. He earned a J.D. Degree from Harvard. Tony has risen to the heights of success in the oil and gas industry.

Nabors Industries, a NYSE listed company owns and operates the largest land-based drilling rig in the world. They are the top provider of offshore rigs in the U.S. and several other countries. They provide performance tools and technology to the oil and gas markets.

Tony Petrello and his wife Cynthia found themselves in a situation they never expected, eight years ago. They had always been major achievers and prided themselves on being able to fix almost anything. With the birth of their daughter Carena at 24 weeks gestation, weighing 20 ounces, they realized they could not fix everything.

Carena received the diagnoses of periventricular leukomalacia, which is caused by lack of oxygen and blood reaching the brain. She developed cerebral palsy, and suffers from impaired motor skills and developmental delays. She must work very hard to be able to do things most people take for granted, like walking and talking, Tony and Cynthia Petrello are dedicated to finding help for her and other children who suffer from brain injuries.

Tony is a member of the Board of Trustees of the Texas Children’s Hospital. He got involved while searching to find help for Carena. Tony and Cynthia Petrello have donated close to $7 million to the organization in an effort to promote research into neurological conditions in children. They hope that their efforts will further the opportunities available to families with children born with various brain conditions. They are hoping to see new technologies and processes developed that can help Carena and children like her, make the most out of their lives.

Click here to learn more about Anthony Petrello.