Here are some sights and scenes from one wicked cool tradeshow.
Three big industry names attending the 2014 LCT Leadership Summit in Miami Beach will explain the coming surge in mergers and acquisitions expected to sweep the chauffeured transportation industry, as it grapples with new technologies and competitive forces.
LCT Magazine this week lined up three experienced industry CEOs and industry leaders for the panel: Vince Wolfington, former CEO of Carey International, the largest chauffeured transportation network in the world; Scott Solombrino, former owner of Dav El Chauffeured Transportation Network and the newly appointed CEO of BostonCoach and Dav El, now owned by Marcou Transportation Group, and a longtime NLA board director; and Ron Sorci, the CFO of Aventura Worldwide, the largest chauffeured transportation company in South Florida, and a former NLA President.
The panel will convene on Tuesday, May 20 from 10 a.m. to 11:30 a.m. at the Eden Roc Hotel on the Miami Beach oceanfront, site of the 2014 LCT Leadership Summit that runs from May 18-20. The executive conference is a think-tank/recreational retreat that combines a mix of deep discussions of industry trends, focused business networking, and social and recreational activities in a luxury resort setting.
LCT related article: LCT Leadership Summit Takes Off
The high-profile panel will provide insights that can help limousine operators of all fleet sizes determine the long-term business outlook for the industry and its extensive affiliate networks.
Below are professional summaries of the three panelists, who will pack a powerful punch when seated before an audience:
Vince Wolfington: Founder, Global Ambassador Concierge (Former Chairman of the Board and CEO, Carey International, Inc.)
It was Wolfington's ingenuity that made Carey, founded in New York in the 1920s, the first limousine company to go public in 1997. With the power of Wall Street behind him, he orchestrated the industry's single largest buyout of companies in a three-year sweep, turning operators into millionaires and changing the face of our industry.
He spent more than 30 years with Carey, for years the world's largest chauffeured transportation company, with operations in 480 cities in 75 countries.
Scott Solombrino: President and CEO, Marcou Transportation Group’s Premium Chauffeured Transportation Platform (BostonCoach and Dav El brands), Boston
Newly appointed to lead, Solombrino, former CEO and owner of Boston-based Dav El Chauffeured Transportation Network, expects more consolidation for the industry. As a maestro of chauffeured transportation operations, industry politics and business travel trends, Solombrino’s new role will include carrying out Marcou Transportation’s plans for more global expansion. Solombrino entered the limousine business in 1978 as a chauffeur, reservations agent and mechanic. As a college freshman in Boston struggling to earn tuition money, he bought a 10-year-old Cadillac limousine for $600, gave it a fresh coat of paint and founded Fifth Avenue Limousine. In 1987, he acquired then New York-based Dav El from its founder, relocated the company to a new facility near Boston, and has made Dav El a leading premier executive ground transportation companies in the world. In January 2000, Solombrino was named one of the 25 most influential executives in business travel, to lead the industry into the new millennium, by Business Travel News. Co-founder and four-time president of the National Limousine Association, Solombrino serves on the board of directors. Additionally, he is serving his sixth term as a member on the Global Business Travel Association’s board, and is president of its Allied Leadership Council.
Ron Sorci: CFO, Aventura Worldwide Transportation, Miami
Ron Sorci's background throughout his career has consistently been in senior level management positions including serving as President and CEO of two public companies, US Transportation and Precept. While at those companies, his primary role was to facilitate many acquisitions within the ground transportation industry. He is also the author of the book "Selling Your Company In The Millennium." As a recurring speaker at International LCT Shows on company finances and budgeting, Sorci also served as President of the National Limousine Association from 2009-2010.
— Martin Romjue, LCT editor
Related Topics: business deals, business trends, industry education, industry trends, LCT Leadership Summit, mergers & acquisitions, Miami Beach, networking, Ron Sorci, Scott Solombrino, Vince Wolfington
Here are some sights and scenes from one wicked cool tradeshow.
NOV. LCT: Greene Worldwide Transportation draws on a strong tradition to navigate the disruptions roiling luxury chauffeured service.
Five operators were celebrated Nov. 6 for actions beyond business while the NLA doubled down on a donation.
NOV: LCT Exclusive Interview: The young entrepreneur builds his success on leadership, company culture, and fatherhood.
Check out this gnarly compilation of scenes to expect from the upcoming tradeshow.
As the LCT East trade show approaches, do you know the difference? Operators sound off on social media.
See the new Ford Expedition MAX ready to crest at the LCT-NLA East Show in Atlantic City on Nov. 5.
The experienced operations manager will help direct the company's marketing and communications.
The trade group leader, show speaker, and seasoned operator is helping Black Tie Transportation grow in North Carolina.
eNews Exclusive: Parke Qua follows the legacy of his father by leading his team with a calm mind and firm plan of action.
After moving to the U.S. in 1985, he opened an operation but never stopped thinking about those back in Nigeria.
Surfs up! Learn how you can participate in a social media viral video campaign to get operators pumped for the East Show.
The Arizona Limousine Association is working harder to promote local limousine and ground transportation companies.
The CEO of Addison Lee North America will offer his perspective at the LANJ breakfast meeting Nov. 6.
The Total Transit executive takes the reins of the world’s largest for-hire fleet association and outlines the agenda for the coming year.
The world's No. 1 online marketplace and trader for professional chauffeured and chartered vehicles, including all types of motorcoaches, buses, vans, stretch limousines, sedans, SUVs, exotics, and classics. New and used vehicles are available from sellers across the nation.
The best online networker to find quality affiliates worldwide and market your company.
Click on any state to see the latest industry news and events in that region.