Continental Airlines: Continental Airlines:
Elected to the Board of Directors as a “bridge”
Director acceptable to the two differing and contentious ownership
factions in 1981, Mr. Sakowitz continued as a member of the
board and it´s Compensation Committee after the takeover
of its control by Texas Air Corporation. A member of the Special
Evaluation Committee in 1982, he chaired the Committee on
Privatization to negotiate against Texas Air Corp. for the
purchase of the remaining twenty percent of the outstanding
equity shares still in the public´s hands, from mid-1985
until the end of 1986. Due in part to the nature of the structure
of two different forms of fairness opinions on pricing that
were instituted by the Committee for the company, the committee
and the company successfully defended all fairness opinion
challenges. Serving throughout numerous mergers, acquisitions
and two Chapter 11 proceedings, he continued as a Director
until company´s emergence in 1993 with Air Partners
and Air Canada.
Texas American Bank-Galleria: After serving
as an organizing shareholder and a founding director of the
Galleria Bank in 1969/1970, he was appointed Chairman of the
Marketing committee, and was actively involved on either the
Loan and Discount Committee or the Executive Committee every
year, continuing after the profitable sale of the Bank to
Texas American Bank shares. Mr. Sakowitz continued to serve
in those capacities for a total of thirteen years, after which
he resigned to accept the appointment to membership of the
Houston Branch of the Dallas Federal Reserve Bank.
Federal Reserve Bank of Dallas; Houston Branch:
Served as a member, board of Directors (1983-1986) and as
Chairman (1985) of the Houston Branch.
Morse
Shoe Corporation: As a non-management member
of the Board of Directors in 1974, he was instrumental in
policy changes leading to vertical integration of this shoe
manufacturing company, creating and successfully concentrating
on converting the focus to the Fayva retail shoe shop expansion
(led to thirty-fold profit increase); he was a member of the
Audit and Compensation Committees; and selected as Chairman
of the Search Committee for a new company chairman, President
and CEO, 1982-1993, serving until a management Leveraged Buy-Out
privatized the company in 1987.
Tungtex Manufacturing Company Hong Kong: Mr.
Sakowitz structured and co-founded an apparel manufacturing
company in 1977 for men´s furnishings, later expanding
into women´s apparel. Assisted in overall direction
and successful growth of the company until he sold his half-interest
to the daily operations management partner in 1985.
Societe Viticole Europeenne, Luxembourg: As
a Director from 1981 – 1987 of this real estate and
vineyard company with wine producing properties in Bordeaux,
France, Brunello di Montalcino, Italy and Valdepenas, Spain,
Mr. Sakowitz was involved in strategic planning, marketing
of the products and the eventual sale of all properties.
Real Estate development projects: Real Estate
development projects with active partnership participation
in planning and marketing:
Dallas: Village on the Parkway
San Antonio:
4 M Development Co.
Tulsa: Kensington
City of Houston, Industrial Development Corporation:
Founding Member, Board of Directors (1982-1985). Active in
strategic planning, organization and marketing of structure
for encouragement and usage of Industrial Development Bonds
for urban redevelopment.
City of Houston, Health Facilities Development
Corporation
The Harris County Improvement District No. 1:
Founding member; Board of Directors, 1987-1994. Actively worked
with this organization for the financial and marketing development
of Uptown Houston as a separate taxing authority and bonding
entity.
Houston City Magazine: Founding Board of Directors
and Executive Committee, 1982-1985.
Texas Sportsworld Magazine: Co-founder and
Board of Directors, 1982-1985.
White House National Conference on Small Business, 1980:
Elected as Co-Chairman, 1978-1980, to organize and develop
a plan representing the region for the forthcoming Washington
Conference. He helped to organize the effort whereby the Committee
crafted fifteen proposals to be circulated and discussed nationally
by all the other regional delegations. Five of these fifteen
Southwest Proposals were written into the final President
Report. For this accomplishment, Mr. Sakowitz was invited
by President Carter to the signing of the Regulatory Flexibility
Act of 1980 at the White House.
Texas State Conference on Small Business 1981:
Following the successful White House Conference (Democratic),
he was subsequently asked to serve Governor Clemens (Republican)
as Vice-Chairman for a State Conference, and implement a similar
program.
Houston Chamber of Commerce & Greater Houston Partnership:
Helped initiate the creation of and subsequently
chaired both the Cultural Affairs and Small Business Committees,
and was a member of the Board of Directors at various times
over the span of twenty years (1971-1991), assisting in the
creation, organization, marketing and institutionalization
of the Houston International Festival, the Small Business
Committee, The Combined Corporate Arts Campaign and the Business
for the Arts Fund.
Greater Houston Convention and Visitors Bureau: A
director since 1981, he accepted the Chairmanship for the
two terms 1990-1991 and 1991-1992, and assisted in guiding
the complete restructuring of the Bureau. During his watch,
the city successfully planned and implemented the Republican
National Convention.
The American Institute for Public Service: The National Jefferson
Awards - AIPS: As one of the founding organizers
in 1972, Mr. Sakowitz has continued to serve on the Board
of Selectors of the Institute, and on its Executive Committee
and Board of Governers. He also currently chairs the Finance
Committee.
The Michael C. Rockefeller Fellowships Administrative Board
at Harvard University.
Houston International Festival: As a Founding
Director, 1970-present. Mr. Sakowitz assisted in guiding this
citywide event from partial outgrowth of the Sakowitz store
Festival to an internationally recognized multi-cultural celebration.
While a member of the Executive Committee, he also served
as Chairman of the Country Selection Committee to negotiate
the honored country´s involvement with the city.
Other national
and regional awards INCLUDE: Golden Buckle
Award, Greater Houston Visitors and Convention Bureau, 1987
City of Houston, Annual Anniversary Celebration Award, 1985
City of Hope Hospital, Denver, Spirit of Life Award, 1984
National Jewish Hospital and Research Center, Humanitarian
Award, 1983
Northwood Institute of America, Ten Outstanding National Business
Leaders Award, 1981
National Ileitis & Colitis Foundation, Great Texan Award,
1975
International Best Dressed List 1970-1975,
Hall of Fame 1975
American Academy of Achievement Award, 1973
Media spokes-person:
Both during his tenure at Sakowitz, and subsequently
in other venues, Mr. Sakowitz has been a frequent spokes-person
for the retail and other consumer industries, appearing in
all forms of media including NBC, CNN, ABC, CBS, international
magazines, newspapers, and radio. Speaking venues have been
numerous domestic and international conventions, seminars,
business and social forums. Mr. Sakowitz assisted in initiating
BizRadio KXYZ 1320 in Houston, Texas, hosting a one hour radio
talk show, weekdays Monday through Friday, entitled “Strategies
with Sakowitz”. He remains a frequent guest commentator.
Other
personal data:
Received B.A. Degree "Cum Laude" History and Economics
at Harvard University, Cambridge, Massachusetts in 1960. U.S.
Air Force (active) Reserve 1961-1966.
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