Tom Tribone: Difference between revisions

Content deleted Content added
No edit summary
Fix bare URLs references, get archive URL for dead links and add titles; replace "Archived copy" by a permanent dead link (no longer in archive)
Line 13:
These original projects marked the beginnings of the Independent Power Industry<ref>{{Cite book|title=Electricity Restructuring In the United States|last=Isser|first=Steve|publisher=Cambridge University Press|year=2015|pages=166–170}}</ref> and formed the model later followed by the Renewable Energy sector. Much of the commercial and financial structure of these industries is rooted in this formative work. Tribone has originated and executed many of these large, path-finding transactions in both the United States and in major emerging markets, such as Mexico, Brazil, India and China.
 
Overseas, he completed the first direct foreign investment in Brazil’s energy sector after the full restoration of democracy and the election of Fernando Henrique Cardoso as President in the 1990s.<ref>Southerland, Daniel. “AES Joins Bid for Control of Brazilian Utility,” The Washington Post, May 22, 1996.</ref> He led transactions to open foreign energy markets, such as the first private power plant in Mexico<ref>{{Cite web |url=http://ifcext.ifc.org/ifcext/pressroom/ifcpressroom.nsf/1f70cd9a07d692d685256ee1001cdd37/bccf4969f194c4028525697b006caa76?OpenDocument |title=IFC Home |access-date=2016-01-21 |archive-date=2016-01-31 |archive-url=https://web.archive.org/web/20160131054715/http://ifcext.ifc.org/ifcext/pressroom/ifcpressroom.nsf/1f70cd9a07d692d685256ee1001cdd37/bccf4969f194c4028525697b006caa76?OpenDocument |url-status=dead }}</ref><ref>{{Cite web |url=http://www.thefreelibrary.com/AES+wins+bid+for+a+484+MW+gas-fired+plant+in+Mexico.-a019054344 |title=ArchivedUnknown copy}}{{Dead link |access-date=2016-01-21 |archive-date=2016-01-26July 2024 |archive-url=https://web.archive.org/web/20160126190613/http://www.thefreelibrary.com/AES%20wins%20bid%20for%20a%20484%20MW%20gas-fired%20plant%20in%20Mexico.-a019054344 |urlfix-statusattempted=dead yes}}</ref> and the first bilateral treaty between Brazil and Argentina for a natural gas pipeline.<ref>{{Cite news|url=https://www.power-technology.com/projects/urugaiana/|title=Uruguaiana CCGT Power Plant, Brazil|newspaper=Power Technology }}</ref> Activities like this and others, such as a power company dedicated to China,<ref name="auto"/> helped develop the concept of a global electric power industry. In China, Tribone was involved in bringing an efficient, environmentally friendly road-building technology developed in the United States, asphalt-rubber,<ref>[http://www.epa.gov/osw/conserve/materials/tires/ground.htm "Ground Rubber Applications"], U.S. Environmental Protection Agency. Accessed May 16, 2012.</ref> to China for the first time.<ref>Shieber, Jonathan. "Guggenheim Global Infrastructure Makes Its First China Deal", Dow Jones & Company, Inc., January 06, 2012. Accessed May 16, 2012.</ref>
 
In testimony before the [[U.S. Congress]], Tribone observed that technological and market forces were “shrinking” the scope of natural monopoly.<ref>{{Cite web | url=http://www.gpo.gov/fdsys/pkg/CHRG-106hhrg58510/pdf/CHRG-106hhrg58510.pdf {{Bare| URLtitle=Electricity Competition — Volume 3 PDF|date=March 2022website=www.gpo.gov}}</ref> This line of thinking led him to believe that there would be societal benefits in merging regulated monopolies with competitive firms and he conceived and completed the earliest consolidations in the United States between monopoly utility companies,<ref>{{Cite web|url=https://money.cnn.com/1998/11/23/deals/aes/|title = AES plugs into CILCORP - Nov. 23, 1998}}</ref><ref>Hamilton, Martha. “AES to Buy an Illinois Power Company in Big Push Into U.S. Market.” Washington Post, November 23, 1998.</ref><ref>{{Cite web | url=https://www.sec.gov/Archives/edgar/data/874761/000095017200001271/0000950172-00-001271-0001.txt {{Bare| URLtitle=AES plainTO ACQUIRE IPALCO text| date=March2000-07-17 2022| access-date=2024-07-16}}</ref> and competitive, non-utility firms. This consolidation has been a major, continuing trend.<ref>{{Cite news|url=https://www.wsj.com/articles/SB10001424052748703712504576244071647165628?KEYWORDS=heard+on+the+street|title = Tepco's Crisis Should Power Utility Deals|newspaper = Wall Street Journal|date = 5 April 2011|last1 = Denning|first1 = Liam}}</ref> Tribone is described as a “most creative” new business developer in the book ''Joy at Work''.<ref>Bakke, Dennis. [https://www.amazon.com/Joy-At-Work-Revolutionary-Approach/dp/0976268604#reader_0976268604 “Joy at Work”] PVG, 2006, Page 16.</ref> In ''Joy at Work'' he was quoted as saying that "sometimes we have to try things out in practice to see if they work in theory" to express the idea that breakthroughs often are rooted in both analysis and a healthy dose of empiricism. Author Peter Grose, in his book ''Power to People'', offers an additional description of Tribone’s entrepreneurial contributions.<ref>Grose, Peter. [https://archive.org/details/powertopeopleins0000gros <!-- quote=tribone. --> “Power to People”] Island Press, 2007.</ref>
 
Tribone was nominated as a finalist for the Standard and Poors Lifetime Achievement Award in 2016 and 2017. This award is granted by Standard and Poors as a Platts Global Energy Award and is often called the Emmy award for the energy industry.<ref>{{Cite press release|url=http://www.prnewswire.com/news-releases/finalists-from-25-countries-compete-for-2016-platts-global-energy-awards-300334372.html|title=Finalists from 25 Countries Compete for 2016 Platts Global Energy Awards|last=Platts|first=S&P Global|website=www.prnewswire.com|access-date=2016-10-03}}</ref> His Excellency [[Abdalla Salem El-Badri]], the longest-serving secretary general in the history of the Organization of the Petroleum Exporting Countries (OPEC), and [[Harold Hamm]], founder, chairman and CEO of Continental Resources ultimately won this award.<ref>{{Cite press release|url=http://www.prnewswire.com/news-releases/energy-companies-from-eight-countries-win-honors-at-platts-global-energy-awards-300375851.html|title=Energy Companies from Eight Countries Win Honors at Platts Global Energy Awards|last=Platts|first=S&P Global|website=www.prnewswire.com|access-date=2016-12-09}}</ref>
Line 25:
As an undergraduate,Tribone was exposed to the research of psychologist [[Frederick Herzberg]]<ref>{{Cite web|url=https://hbr.org/product/one-more-time-how-do-you-motivate-employees-hbr-bestseller/R0301F-PDF-ENG|title = One More Time: How do You Motivate Employees? ^ R0301F}}</ref> at [[Case Western Reserve University]], where Herzberg served as a professor. Partly based on these findings and his own experience, Tribone developed a unique, people-centered management style that has been written about by authors such as [[Robert H. Waterman Jr.]] (the co-author of one of the most influential business books ever written,'' In Search of Excellence'').<ref>Waterman, Robert and Peters, Tom. [http://www.harpercollins.com/books/Search-Excellence/?isbn=9780060548780 “In Search of Excellence”] HarperCollins Publishers, 1982</ref>
 
In his book, ''What America Does Right''<ref>Waterman, Robert H. [https://books.google.com/books?id=-pgI7lZoQeAC&q=what+america+does+right “What America Does Right”] 1994, Chapter 2.</ref> Waterman has written of Tribone: "But Tom Tribone is one of those people who resist the status quo. Tribone has the 'Colombo' factor, like Detective Colombo on the old television show, if something doesn’t make sense, Tribone asks why and keeps asking until he gets an answer that does make sense.” In this book, Tribone's ideas were summarized in the title of a chapter called "Everyone a Leader" in which Waterman described some of Tribone's management concepts. One example related how, while leading a unionized manufacturing plant early in his career, Tribone materially increased manufacturing capability and employee satisfaction through a new combination of specific guidance and light-handed supervision. In Robert M. Grant's case study, "AES Corporation: Rewriting the Rules of Management," Grant<ref>{{Cite web | url=https://www.blackwellpublishing.com/content/GrantContemporaryStrategyAnalysis/6th_Edition/case_teaching_notes/CSA6CaseNotes_19.pdf {{Bare| title=AES Corporation: Rewriting the Rules of URLManagement PDF| access-date=March 20222024-07-16}}</ref> relayed Tribone's ideas on the subject of teams and how they can be, in Tribone's words, "a natural way to get big things done while preserving the dignity of each person."
 
==Board memberships==
Line 60:
 
==Education==
Tribone received his Bachelor of Science (B.S.) in Chemical Engineering from [[Case Western Reserve University]] and both his MBA and Juris Doctor (J.D.) from [[Duquesne University]]. He was awarded the Case Gold Medal.<ref>{{Cite web|url=http://digital.watkinsprinting.com/display_article.php?id=1500563&_width=|title = Thomas A. Tribone '74, Gold Medal Award Winner}}</ref><ref>Archived at [https://ghostarchive.org/varchive/youtube/20211208/MAyWbB_evGw Ghostarchive]{{cbignore}} and the [https://web.archive.org/web/20140621190728/http://www.youtube.com/watch?v=MAyWbB_evGw&feature=youtu.be Wayback Machine]{{cbignore}}: {{cite AV media| url = https://www.youtube.com/watch?v=MAyWbB_evGw| title = Case Tribone 13 | website=[[YouTube]]}}{{cbignore}}</ref> This award, which was originally established to recognize Nobel Laureates from Case, is Case's highest career recognition award.<ref>{{Cite web | url=https://www.casealum.org/about-us/illustrious-alumni | title=Unknown}}{{Dead link |date=July 2024 | fix-attempted=yes}}</ref> The Tribone Center at Duquesne provides free legal support to Veterans and other members of the Pittsburgh community.<ref>{{cite web| url = http://www.post-gazette.com/stories/business/legal/duquesne-university-law-clinic-provides-legal-aid-to-veterans-704522/| url-status = dead| archive-url = https://web.archive.org/web/20130925024307/http://www.post-gazette.com/stories/business/legal/duquesne-university-law-clinic-provides-legal-aid-to-veterans-704522/| archive-date = 2013-09-25| title = Duquesne University law clinic provides legal aid to veterans - Pittsburgh Post-Gazette}}</ref><ref>{{Cite web | url=http://www.duq.edu/Documents/law/alumni/_pdf/DU-Lawyer%20Winter%202013-FINAL.pdf {{Bare| URLtitle=Duquesne University Dedicates The Tribone Center for Clinical Legal Education PDF|date archive-url=Marchhttps://web.archive.org/web/20220506083947/http://www.duq.edu/Documents/law/alumni/_pdf/DU-Lawyer%20Winter%202013-FINAL.pdf | archive-date=2022-05-06}}</ref>
 
==References==