NEW YORK, NY-- - Victor Edozien, CEO of SET Enterprises
Inc, a portfolio company of Asaba Group Holdings, rang the NASDAQ closing
bell today, a rare honor for and first for any of the Asaba Group Holding
companies.
Kenneth Beck,
the Chief Executive Officer of CEO Connection had requested Edozien and few
other Mid-Market CEOs, who are all members of CEO Connection, to participate in
this honorable event to highlight the importance of mid-market companies like
SET Enterprises to the U.S. economy with respect to innovation, employment
growth and wealth creation.
SET Enterprises has been innovative and growing and is a significant value
added manufacturer in the automotive industry. CEO Connection is highlighting
the importance of the middle market and its role as a major contributor to
economic growth. Middle markets are companies with $100 million to $3 billion
in revenue and they invited Edozien to showcase the growth of the Asaba Group
Holdings’ steady expansion in the last few years and its target to be at $1
billion in revenue within the decade.
About Victor Edozien
Victor Edozien
is the Founder and Managing Partner of The Asaba Group, Inc. - a strategy
consulting/private equity holding company. A veteran of the US Army, Edozien
has over 15 years of experience in strategy development & planning, revenue
growth, acquisitions and business improvement.
In addition, he
has been in principal investing since 2004 primarily in manufacturing and
consumer goods sectors. He currently leads two portfolio automotive businesses:
AG Manufacturing (www.agmanufacturing.com) and SET Enterprises, Inc.
(www.setenterprises.com) which has manufacturing locations in Michigan,
Illinois, Indiana, and Alabama. He is an Executive Director at Cintron World
Inc. (www.cintronworld.com) a premium branded beverage manufacturer. His three
portfolio companies have combined annual revenues of approximately $500 million
annually. Edozien’s holds a BS in Electrical Engineering, BA Geology with
Mathematics, MS in Engineering, and a MBA in Finance & Operations
Management. He is currently a Wharton Fellow at The Wharton School at the University
of Pennsylvania and is a member of the Young Presidents’ Organization (YPO),
the Entrepreneurs’ Organization (EO), and CEO Connection.
About CEO Connection
Designed to
facilitate peer relationships, CEO Connection is the only membership
organization in the world focused exclusively on mid-market CEOs. It connects
thousands of mid-market CEOs with each other and to people, information and
resources to which they would otherwise not have access. Members are C-level
executives with responsibility for all or significant portions of their
respective company. It represents a wide variety of businesses across a broad
geographic spectrum. The average size of the companies members run is $1.8
billion in annual revenue and 7,600 employees. Inspired by C-level Wharton
executives, CEO Connection began in 2005 and has evolved into a dynamic
community with wide-ranging benefits uniquely designed to help the mid-market
CEO and champion the mid-market perspective. It is all about CEOs helping CEOs
About NASDAQ OMX Group
NASDAW OMZ is a
leading provider of trading, exchange technology, information and public
company services across six continents. Through its diverse portfolio of
solutions, NASDAQ OMX enables customers to plan, optimize and execute their
business vision with confidence, using proven technologies that provide
transparency and insight for navigating today’s global capital markets. As the
creator of the world’s first electronic stock market, its technology powers
more than 70 marketplaces in 50 countries, and 1 in 10 of the world’s
securities transactions. NASDAQ OMX is home to more than 3,300 listed companies
with a market value of over $8 trillion.
Visit
http://asabagroupholdings.com/for
latest news, events and initiatives.
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