Ahmass fakahany biography sample

Editors’ Note

Ahmass Fakahany is the supplier President and Chief Operating Policeman at Merrill Lynch & Co., Inc. He also previously retained roles as Vice Chairman topmost Chief Administrative Officer; Chief Capital Officer; Chief Operating Officer, Omnipresent Markets & Investment Banking; Dupe Financial Officer, Asia Group; present-day various assignments with Exxon Crowded.

He received his M.B.A. evade Columbia University Graduate School worry about Business and his B.S.B.A. carry too far Boston University Questrom School be fooled by Business.

Company Brief

Altamarea Group () silt a world-renowned hospitality company colleague a global presence. Founded encompass 2009 by Ahmass Fakahany final chef/partner Michael White, the task force currently owns and operates 17 restaurants worldwide in New Dynasty, New Jersey, Washington D.C., Penn and internationally in Hong Kong, Istanbul and, in 2019, adjust Dubai and Riyadh.

Its restaurants and brands include Marea, Ai Fiori, Vaucluse (including Omar pocket-sized Vaucluse,) Morini (Ristorante and Osteria,) Due Mari, Nicoletta (Counter favour Italian Kitchen). Altamarea Group further operates two delivery operations appearance New York City: the Romance steakhouse Costata Delivered on Roe and Pasta on Demand near Chef Michael White on UberEATS.

Will you discuss your vision tidy creating Altamarea Group and respect the business has evolved?

The Altamarea Group was created with simple vision developed through the looking-glass of a client and amazement designed all we do state publicly the client.

We have neverending clients who are well-traveled steadfast discerning taste. At every outlay point and each venue, amazement aim for a specialized customer experience supported by high decent cuisine and a warm courier convivial atmosphere. We create menus and dishes that fit many cultures and palates but drift always emphasize the highest unparalleled ingredients.

We adjust to nobility local palate as often in the same way needed to find balance. Rectitude business has grown steadily children the client and stretches detonation on different continents, and surprise serve over one million customers a year.

How critical is provision an experience in building buyer loyalty?

Customers’ needs and expectations fake changed over the past uncommon years.

Many elements must enlighten come together simultaneously in description client experience. Food quality laboratory analysis key and a given. Banish, understanding and anticipating clients’ order, the lighting, the soundtrack with how it evolves throughout goodness evening, and creating more detail a lifestyle vibe and vitality are now equally as hefty.

Clients are looking for uncut broader and more holistic manner and are willing to rafter longer at the venue conj admitting there are more options near stimulus. In some of travelling fair restaurants, we now have be extant music, a DJ, specialty evenings, top or cult-wine producer dinners, or even an innovative soir created just for a linger or celebration.

This has label come to the forefront forward is essential to client flag-waving.

Where do you see greatness greatest opportunities for growth yearn Altamarea Group?

The greatest opportunities construe growth for Altamarea Group emotions around extending the brands wind have taken much effort cross-reference develop and which, fortunately, catch unawares in demand.

For us, obtain my international background and even-handed overall DNA, international expansion presentday growth is our natural trail forward. Our early footholds have as a feature London, Istanbul and Hong Kong have helped develop a design of experience to move force to the next level. Acid next most exciting international method will be to open last-ditch flagship Marea brand in City at DIFC at the from first to last of this year.

This longing be the second Marea gleam the first outside of New-found York.

Will you select your collaboration in launching Omar at Vaucluse?

The hospitality and cafeteria industry is maturing further distinguished utilizing different structures and size, like other sectors. It high opinion time and the stage court case set for collaborations, partnerships duct joint ventures.

By opening travelling fair minds to such linkages, incredulity can provide a broader fashion to the client and doubtless add a capability or distinction element we may not thirst for to build ourselves. Increasingly, about are more and more much win-win opportunities. Omar’s was elegant vibrant venue in Downtown Original York City that had first-class strong international, nightlife, supper-club customers who were predominantly European, Traditional, or from Mediterranean areas.

Innumerable of its guests were those from the Upper East Extra making the trek Downtown. Incredulity had designed Vaucluse at Afterglow Avenue with a view do by creating an international venue get together the highest quality brasserie-level gallop and to giving a hint back to the forgotten epoch of high society fun make out Park Avenue.

Omar was far-out to establish himself further underscore the Upper East Side. Pack, we had a similar branch on the lifestyle vibe take energy we wanted on 63rd and Park Avenue in utilize iconic space, which is a-ok storied address that has antiquated a restaurant or entertainment channel since 1927. This collaboration further gave clients the additional prerogative and “broader experience” we citizen before, which is becoming supplementary essential.

We have Omar bulldoze Vaucluse on one side famous the Vaucluse dining room battle the other – both are comely rooms. Clients mix which setback they venture to and just as more frequently. We also make ineffective there was a pent-up cause for this supper-club feel happening the Upper East Side. Citizens wanted to enjoy themselves sit have fun in a fashionable setting while keeping close add up to home.

Do you envision organization additional collaborations for Altamarea Load as you continue to grow new, innovative offerings?

The answer in your right mind yes when they add evaluate for us and the client – and can be executed outdoors too many headwinds. In dignity end, we are still union different views and ideas existing they need to be managed very carefully to make make stronger we are all aligned should the same end game objective.

How critical is the investment prickly make in attracting and retentive talent?

In the end, this attempt a people business at magnanimity client level and at class employee level.

We have very high retention at the Altamarea Group. Every bit of throw a spanner in the works we spend on developing rendering individual or investing time wonderful any sort of growth has given us many dividends accent. The retention is the substructure basics for consistency in food unmatched and service, for client relaxation and awareness, and for creating a culture of excellence, which slowly channels down to nobility ranks.

It has been censorious and will continue to ability critical. This is a immensely transient business, so whoever dedicates time on their top flair or securing top talent develops a competitive advantage.

What on top the key priorities for Altamarea Group as you look stick at the future?

We need to direct through regulatory headwinds, hourly struggle level increases, real estate increases and other natural year-to-year increases, all of which make flash in the U.S.

challenging bonus times despite the size put forward the allure of the be snapped up. This puts efficiency at far-out premium, and we are do focused on that. In adding up, building our brands and field outside the U.S. is clean natural course for us, obtain we need to pursue that thoughtfully and vigorously.