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MIKE JACKSON Why the Automotive Legend Is Declaring Victory Bridging Employers with Benefit Solutions

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MIKE JACKSON Why the Automotive Legend Is Declaring Victory Bridging Employers with Benefit Solutions August 2019 | $7.95 SFBWMAG.COM MIKE JACKSON Why the automotive legend is declaring victory Bridging Employers with Benefit Solutions Are you getting the best results for your benefit dollars? Emphasis Benefits works with mid to large size • Health & Welfare employers designing outstanding benefits programs. Our broad experience and • Compliance personalized service provide you with programs that enhance your business operations, • Contribution Strategies improves your retention efforts, complies with (866) 935-2990 all regulations and simplifies all aspects of • Healthcare Analytics (954) 825-0002 benefits administration – regardless of the complexity. • Voluntary Programs [email protected] 2 AUGUST 2019 • www.sfbwmag.com Align goals, investments, and the right advice to make the perfect blend Life changes, markets fluctuate, and your portfolio might need an adjustment to help keep you on track toward achieving your goals. If you’re wondering whether you have the right investments in your portfolio, we’d be happy to give you a professional evaluation. It could be the only thing you need is more cream in your coffee, but your investments are worth an important second look. Call today for a complimentary consultation over coffee. Ana Vergel Managing Director – Investments 19950 W. Country Club Dr., Ste. 900 Aventura, FL 33180 Direct: 305-933-6386 [email protected] wellsfargoadvisors.com Investment and Insurance Products: NOT FDIC Insured NO Bank Guarantee MAY Lose Value Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. © 2011, 2013, 2016 Wells Fargo Clearing Services, LLC. All rights reserved. CAR-0218-04877 A2067 IHA-594677 www.sfbwmag.com • AUGUST 2019 3 WHERE BOUNDARIES ARE BROKEN 2818 Center Port Circle Pompano Beach, FL 33064 • P 954.735.8223 18288 Collins Ave Sunny Isles Beach, FL 33160 • P 305.974.0161 FURNISHED UNIT AUBERGE FT. LAUDERDALE FL State | Licensed Designer # IB 13000407 4 AUGUST 2019 • www.sfbwmag.com WHERE BOUNDARIES ARE BROKEN 2818 Center Port Circle Pompano Beach, FL 33064 • P 954.735.8223 18288 Collins Ave Sunny Isles Beach, FL 33160 • P 305.974.0161 FURNISHED UNIT AUBERGE FT. LAUDERDALE FL State | Licensed Designer # IB 13000407 www.sfbwmag.com • AUGUST 2019 5 TABLE OF CONTENTS COVER 56 Real Estate STORY 36 Hospitality Rising material 26AutoNation’s Mike Jackson Chef has new balance costs impact construction declares victory after horrifi c burn injuries 58 Ask the Expert 38 Retail 12 Briefcase Sawgrass Mills becomes News briefs from a foodie destination, SFBW & PARTNERS around the region plans renovations 22 Great Places and Spaces 64 Digital South Florida 42 Retail The reality amid the Turnberry Ocean Club and Gent Row provides hype of AR and VR Elysee condominiums custom clothing 30 Education 68 Executive Roundtable 45 Health Care Insights on change, Positioning middle A tough childhood culture and innovation schoolers for success fueled Shino Bay’s sucess 32 Hospitality 52 SFLG Monthly 72 UP & COMERS Pier 66 undergoes a The right and Pictorial highlights of t $500 million makeover wrong ways to use EB-5 he 2019 celebration 12 24 26 38 45 72 6 AUGUST 2019 • www.sfbwmag.com F O R T L A U D E R D A L E YOU EARNED IT, WE PROTECT IT! Brown & Brown, Inc. is the sixth largest independent insurance brokerage in the nation. With 80 years of proven success, Brown & Brown is one of the THE industry’s most powerful and influential leaders. We provide risk management POWER solutions to help protect what our customers value most. Our four business OF ™ segments, Retail, National Programs, Wholesale, and Services, offer insurance products and services to businesses, corporations, governmental institutions, professional organizations, trade associations, families, and individuals. CALL 954-776-2222 TO GET A QUOTE WE • Aircraft Insurance • Auto Insurance • Bonds • Collectibles • Condominium Insurance • Group Benefits • Flood Insurance • Homeowners Insurance • Liability Insurance • Marine Insurance • Personal Insurance • Property Insurance • Umbrella Insurance • Workers’ Compensation Brown & Brown of Florida, Inc. 1201 W. Cypress Creek Road, Suite 130, Ft Lauderdale, FL 33309 bbftlaud.com Ph: (954) 776-2222 | Fax: (954) 776-4446 www.sfbwmag.com • AUGUST 2019 7 BB_SFBW_August_Ad.indd 1 6/27/19 11:59 AM LETTER FROM THE EDITOR Editor-in-Chief Kevin Gale Mike Jackson for president While H. Wayne Huizenga was an incredible entrepreneur, Mike Jackson deserves major credit for helping him sort out the operations of AutoNation, the country’s largest automotive dealer. When Jackson, who is on our cover, signed up with Huizenga, AutoNation was a somewhat unwieldy collection of businesses, but Huizenga empowered Jackson to streamline it and turn AutoNation into a dynamo that created industry innovation. Keep the Jackson is a great example of someone willing to take a risk. He worked his way up from apprentice mechanic to his dream job running the U.S. operations of Mercedes-Benz, but then Huizenga called. lights on, the Jackson said he thought their pairing could be either magic or tragic. It certainly turned out to be the former rather than the latter. Jackson’s interview in this issue talks about the importance of evaluating risk. computers Jackson has received numerous accolades in the automotive industry, but he’s also a transcendent business leader as one of the nation’s longest-serving CEOs. He’s now become executive chairman at the running, age of 70 and will be able to mentor new CEO Carl Liebert. I like how Jackson calls ’em as he sees ’em. He was among the fi rst Fortune 500 CEO to sound alarms before the Great Recession in the national fi nancial media. I remember him saying in a previous interview and your how he couldn’t make sense of highly leveraged consumers coming in to buy new cars to fi ll the garages of their new homes. In our “CEO Connect” interview, he doesn’t mince words on the looming dangers of organization the federal debt. Jackson reminds me a bit of Harry Truman with his plain-spoken nature and “buck stops here” mentality. operational, (Check out his words about how he feels when fi ring someone.) regardless of Hey, Mike—now that you won’t be so busy at AutoNation, could you run for president? the weather outside. CORRECTION Call OK Generators The panelist box from a previous HR roundtable inadvertently ran with the July feature on manufacturing in South Florida. Here are the correct panelist names: today for peace • Andrea Cid, managing director of Concept II Cosmetic. of mind and • Andrew Shelton, owner of Paramount Mold and Tool, a plastics injection molding company. uninterrupted • Mike Heissenberg, owner of Expert Shutter Services. • Tom Dalton, president of KB Electronics. operations this • Molly Fiedler, chief innovation offi cer of Kira Labs, a skin care products manufacturer. hurricane season. • Alan Garey, president and CEO of Decimal Engineering, which makes metal parts, and a board member of the South Florida Manufacturers Association. • Ilian Obregon, vice president, middle market banking at Amerant Bank • Luis Gonzalez-Mendez, executive director of research and development at Trividia Health, which makes diabetes care and other health care products. • Jay Hess, a FloridaMakes business adviser based with the South Florida Manufacturers Association. • Matthew R. Rocco, president of the SFMA. 8 AUGUST 2019 • www.sfbwmag.com LETTER FROM THE EDITOR Love Where You Work P: 954-499-6677 | www.jcwhite.com Editor-in-Chief Kevin Gale Mike Jackson for president While H. Wayne Huizenga was an incredible entrepreneur, Mike Jackson deserves major credit for helping him sort out the operations of AutoNation, the country’s largest automotive dealer. When Jackson, who is on our cover, signed up with Huizenga, AutoNation was a somewhat unwieldy collection of businesses, but Huizenga empowered Jackson to streamline it and turn AutoNation into a dynamo that created industry innovation. Jackson is a great example of someone willing to take a risk. He worked his way up from apprentice mechanic to his dream job running the U.S. operations of Mercedes-Benz, but then Huizenga called. Jackson said he thought their pairing could be either magic or tragic. It certainly turned out to be the former rather than the latter. Jackson’s interview in this issue talks about the importance of evaluating risk. Jackson has received numerous accolades in the automotive industry, but he’s also a transcendent business leader as one of the nation’s longest-serving CEOs. He’s now become executive chairman at the age of 70 and will be able to mentor new CEO Carl Liebert. I like how Jackson calls ’em as he sees ’em. He was among the fi rst Fortune 500 CEO to sound alarms before the Great Recession in the national fi nancial media. I remember him saying in a previous interview how he couldn’t make sense of highly leveraged consumers coming in to buy new cars to fi ll the garages of their new homes. In our “CEO Connect” interview, he doesn’t mince words on the looming dangers of the federal debt. Jackson reminds me a bit of Harry Truman with his plain-spoken nature and “buck stops here” mentality. (Check out his words about how he feels when fi ring someone.) Hey, Mike—now that you won’t be so busy at AutoNation, could you run for president? CORRECTION The panelist box from a previous HR roundtable inadvertently ran with the July feature on manufacturing in South Florida. Here are the correct panelist names: • Andrea Cid, managing director of Concept II Cosmetic. • Andrew Shelton, owner of Paramount Mold and Tool, a plastics injection molding company. • Mike Heissenberg, owner of Expert Shutter Services. • Tom Dalton, president of KB Electronics.
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