Michel Daher
Michel Daher | |
---|---|
Native name | ميشال ضاهر |
Born |
Michel Georges Daher 7 March 1961 (age 55) Ferzol, Lebanon |
Residence | Ferzol, Lebanon |
Nationality | Lebanese |
Occupation | Chairman and CEO |
Known for | Daher Foods, Daher Capital |
Spouse(s) | Marleine Sayde |
Children | Georges, Mark, Edwina, Perla |
Michel Georges Daher (Arabic: ميشال ضاهر; born 7 March 1961) is a Lebanese entrepreneur known for being the founder of Master and Poppins under the Daher Foods umbrella, two of the largest FMCG companies in the MENA region.[1] Daher co-founded Daher Foods in 1992 in Ferzol, Lebanon and has served as CEO and Chairman since then.
Daher Capital
Daher also founded Daher Capital, a family investment office based in Beirut, Lebanon. In 2007, Daher invested and became a partner and board member in FXCM, a leading online currency trading and CFD broker. FXCM went public on the NYSE in December 2010,[2] a process in which Daher had an active role in.[3] In 2013, Daher disposed of his FXCM stock and invested in rival Gain Capital.[4]
In 2013, Daher purchased a stake in the largest poultry producer in the U.S Pilgrim’s Pride[5] and became the company’s second largest shareholder.[6] In 2013, Pilgrim’s Pride had revenues of $9.0 billion.[7]
Daher Capital is very active in the VC space with a large venture portfolio,[8] having invested in Maker Studios prior to its sale to Disney for nearly $1 billion,[9][10] in Bonds.com prior to its sale to the London Stock Exchange[11][12] and Burstly prior to its sale to Apple.[13]
Other companies that Daher invested in that went public include TrueCar[14][15] and Stonegate Mortgage.[16]
Daher also serves as a board member of the Association of Lebanese Industrialists (ALI)[17] and is on the Executive Committee of Higher Council for Greek Catholics in Lebanon.
References
- ↑ "Daher International Foods Company". Zawya.com. 2013-10-21. Retrieved 2016-09-25.
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- ↑ Bunge, Jacob (2015-04-20). "Pilgrim's Expects 25% of Its Chicken Will Be Antibiotic-Free by 2019". WSJ. Retrieved 2016-09-25.
- ↑ "PILGRIMS PRIDE CORP : Filed by MASTER GLOBAL ASSETS LTD : FORM SC 13G (Statement of Ownership)" (PDF). Files.shareholder.com. Retrieved 2016-09-25.
- ↑ "Revenue, EPS, & Dividend - Pilgrim's Pride Corporation (PPC)". NASDAQ.com. Retrieved 2016-09-25.
- ↑ "Venture Portfolio". Daher Capital. Retrieved 2016-09-25.
- ↑ "Maker Studios Raises Another $26 Million From Canal+, Singtel, And Others To Grow Its Business Overseas". TechCrunch. 2013-09-12. Retrieved 2016-09-25.
- ↑ "Deal of the Year: Disney's Nearly $1B Acquisition of Maker Studios". Hollywood Reporter. 2014-12-17. Retrieved 2016-09-25.
- ↑ "Michel Daher Makes Strategic Investment in Bonds.com". Prnewswire.com. Retrieved 2016-09-25.
- ↑ Burne, Katy (2014-03-06). "London Stock Exchange's MTS to Buy Bonds.com". WSJ. Retrieved 2016-09-25.
- ↑ "Apple Acquires Burstly, A Daher Capital Company". Blog Baladi. Retrieved 2016-09-25.
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- ↑ "TrueCar raises $70 million in initial public offering". Fortune.com. 2014-05-16. Retrieved 2016-09-25.
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External links
- Daher Capital
- Daher Foods
- Interview with Michel Daher
- Michel Daher sonne la cloche d’ouverture de la Bourse de New York (French)