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==Early life and education==
==Early life and education==
Joseph Sigelman was born on February 6, 1971, in [[New York City]] in the United States.<ref name=":0" /><ref>{{Cite web |title=2 businessmen to become Filipinos by legislative action |url=https://mb.com.ph/2020/09/11/2-businessmen-to-become-filipinos-by-legislative-action/ |access-date=June 2, 2022 |website=Manila Bulletin |language=en-US}}</ref> He is a graduate of [[Princeton University]]'s [[Princeton School of Public and International Affairs|Woodrow Wilson School of Public and International Affairs]], and he went on to receive his [[Master of Business Administration|MBA]] from [[Harvard Business School]], during which time he worked as a summer intern at [[Goldman Sachs]] in London.<ref>{{Cite web |last=Dumlao |first=Doris C. |date=August 11, 2012 |title=American entrepreneur bets big on PH |url=https://business.inquirer.net/76323/american-entrepreneur-bets-big-on-ph |access-date=June 2, 2022 |website=INQUIRER.net |language=en}}</ref><ref>{{Cite web |title=OfficeTiger: An amazing success story |url=https://www.rediff.com/money/2006/sep/14bspec.htm |access-date=June 2, 2022 |website=www.rediff.com}}</ref> Sigelman is married and has two children, who were both born in the Philippines.<ref>{{cite journal |title=Committee on Justice Report |journal=Congress of the Republic of the Philippines |date=21 September 2020 |volume=7723 |issue=515 |url=https://hrep-website.s3.ap-southeast-1.amazonaws.com/legisdocs/first_18/CR00515.pdf |access-date=20 December 2022}}</ref>
Joseph Sigelman was born on February 6, 1971, in [[New York City]], in the United States.<ref name=":0" /><ref>{{Cite web |title=2 businessmen to become Filipinos by legislative action |url=https://mb.com.ph/2020/09/11/2-businessmen-to-become-filipinos-by-legislative-action/ |access-date=June 2, 2022 |website=Manila Bulletin |language=en-US}}</ref> He is a graduate of [[Princeton University]]'s [[Princeton School of Public and International Affairs|Woodrow Wilson School of Public and International Affairs]], and he went on to receive his [[Master of Business Administration|MBA]] from [[Harvard Business School]], during which time he worked as a summer intern at [[Goldman Sachs]] in London.<ref>{{Cite web |last=Dumlao |first=Doris C. |date=August 11, 2012 |title=American entrepreneur bets big on PH |url=https://business.inquirer.net/76323/american-entrepreneur-bets-big-on-ph |access-date=June 2, 2022 |website=INQUIRER.net |language=en}}</ref><ref>{{Cite web |title=OfficeTiger: An amazing success story |url=https://www.rediff.com/money/2006/sep/14bspec.htm |access-date=June 2, 2022 |website=www.rediff.com}}</ref> Sigelman is married and has two children, who were both born in the Philippines.<ref>{{cite journal |title=Committee on Justice Report |journal=Congress of the Republic of the Philippines |date=21 September 2020 |volume=7723 |issue=515 |url=https://hrep-website.s3.ap-southeast-1.amazonaws.com/legisdocs/first_18/CR00515.pdf |access-date=20 December 2022}}</ref>


==Career==
==Career==
Sigelman started his career in investment banking with [[Lazard|Lazard Frères & Co.]] and later worked in private equity at the London Offices of [[Goldman Sachs]], where he had summer interned during his studies. In 1999, he along with friend and business partner [[Randy Altschuler]] who was his classmate at Princeton University, started their first business called ''OfficeTiger''.<ref>{{Cite web |last=S.A.S |first=Editorial La República |title=Exjefe de PetroTiger, Joseph Sigelman, acusado de soborno |url=https://www.larepublica.co/globoeconomia/exjefe-de-petrotiger-joseph-sigelman-acusado-de-soborno-2098249 |access-date=June 2, 2022 |website=Diario La República |language=es}}</ref>
Sigelman started his career in investment banking with [[Lazard|Lazard Frères & Co.]] and later worked in private equity at the London Offices of [[Goldman Sachs]], where he had interned during his studies. In 1999, he along with friend and business partner [[Randy Altschuler]], who was his classmate at Princeton University, started their first business called ''OfficeTiger''.<ref>{{Cite web |last=S.A.S |first=Editorial La República |title=Exjefe de PetroTiger, Joseph Sigelman, acusado de soborno |url=https://www.larepublica.co/globoeconomia/exjefe-de-petrotiger-joseph-sigelman-acusado-de-soborno-2098249 |access-date=June 2, 2022 |website=Diario La República |language=es}}</ref>

<br>
=== Early career ===
=== Early career ===
In 2004, the company had over 2,000 employees and operated in both the US and the UK.<ref name=":1" /> In 2006 the company was arguably one of the first businesses worldwide to enter the business process outsourcing space in India and closed a US$250 million cash sale to [[RR Donnelley|RR Donnelley & Sons]].<ref>{{cite web | url= https://www.rediff.com/money/2006/sep/14bspec.htm | title = OfficeTiger: An amazing success story | date= 2006-09-14 | access-date= 2022-06-02 | authors= Warrier, Shobha | website= Rediff News}}</ref>
In 2004, the company had over 2,000 employees and operated in both the US and the UK.<ref name=":1" /> In 2006, the company was arguably one of the first businesses worldwide to enter the business process outsourcing space in India and closed a US$250 million cash sale to [[RR Donnelley|RR Donnelley & Sons]].<ref>{{cite web | url= https://www.rediff.com/money/2006/sep/14bspec.htm | title = OfficeTiger: An amazing success story | date= 2006-09-14 | access-date= 2022-06-02 |author=Warrier, Shobha | website= Rediff News}}</ref>


Sigelman further expanded the business operations, with the opening of a new company PetroTiger Ltd, a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey.<ref>{{cite web | url= https://www.bii.co.uk/en/our-impact/underlying/petrotiger/ | title = Summum Corp (PetroTiger) Business Profile | access-date= 2023-01-15 | website= British International Investment Group}}</ref>
Sigelman further expanded the business operations, with the opening of a new company PetroTiger Ltd, a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey.<ref>{{cite web | url= https://www.bii.co.uk/en/our-impact/underlying/petrotiger/ | title = Summum Corp (PetroTiger) Business Profile | access-date= 2023-01-15 | website= British International Investment Group}}</ref>


In 2013, legal proceedings commenced against Sigelman in relation to dealings between PetroTiger and Colombian officials that were in violation of the [[Foreign Corrupt Practices Act]].<ref>{{cite web | url= https://www.justice.gov/opa/pr/former-chief-executive-officer-oil-services-company-pleads-guilty-foreign-bribery-charge | title = News Release: Former Chief Executive Officer of Oil Services Company Pleads Guilty to Foreign Bribery Charge | date= 2015-06-15 | access-date= 2022-06-16 | website= United States Department of Justice}}</ref> Proceedings were concluded in 2015, with Sigelman being fined $100,000.<ref>{{cite news | url= https://www.reuters.com/article/petrotiger-sigelman-idUSL1N0Z21UU20150616 | title = Ex-PetroTiger co-CEO avoids prison in bribery case | date= 2015-06-17 | access-date= 2022-06-03 | publisher= Reuters}}</ref> The judge, [[Joseph E. Irenas|Joseph Irenas]], criticized the prosecutors in the case, saying he felt he was "being played with" after the prosecution decided "not to complete the trial." Irenas also pointed out that Sigelman has proven his ability to do great good in relation to the work he is doing in developing nations like Colombia.<ref>{{cite news | url= https://www.wsj.com/articles/ex-ceo-of-petrotiger-sentenced-to-probation-over-bribery-1434469990 | title = Ex-CEO Sigelman of PetroTiger Sentenced to Probation Over Bribery | date= 2015-06-16 | access-date= 2023-01-15 | publisher= The Wall Street Journal}}</ref> Bloomberg Financial News also questioned the prosecution of Sigelman, suggesting he may have been a "[[Confidence trick|Mark]]" for others involved.<ref>{{cite news | url= https://www.bloomberg.com/news/articles/2015-01-14/felon-or-mark#xj4y7vzkg | title = Does This Man Look Like a Felon to You? | date= 2015-01-15 | access-date= 2022-12-12 | publisher= Bloomberg}}</ref>
In 2010, Joseph (Joe) Sigelman led his team in acquiring the Manila-based construction firm Atlantic Gulf & Pacific (AG&P), growing it into a leading engineering and construction multinational focused on modularisation of hydrocarbon, mining, power and civil facilities. But as early as 2013, he was already formulating plans for the biggest transformation in the 122-year-old company’s history. AG&P had an impressive track record having built the country’s first steel bridge and the Philippines capital’s water and sewerage system, but New York-born Joe saw enormous potential in an entirely different market.<ref>{{cite web | url= https://www.theceomagazine.com/executive-interviews/utilities-energy/joseph-sigelman/ | title = Revolutionising gas: Joseph Sigelman | access date= 2023-04-06 | website= The CEO Magazine}}</ref>


⚫
=== Atlantic Gulf & Pacific ===
Joe started his career with Lazard Frères & Co. in New York in investment banking and later worked in private equity with Goldman Sachs in London before starting his first business called OfficeTiger – one of the first and largest BPOs based in India. OfficeTiger grew to several thousand employees across multiple countries before being sold to RR Donnelley for $250 million. OfficeTiger offered services to large corporate clients in the U.S., focusing mainly on information origination, transaction processing, financial management, research and analytics, pre-media, and strategic sourcing solutions.
⚫
In 2010, along with a group of shareholders, Sigelman led the acquisition of a Philippines-based business, Atlantic Gulf & Pacific (AG&P Group).<ref name=":1" /> AG&P is a major construction and engineering company based in the Philippines which was acquired in 2010 and reoriented to be an [[Liquefied natural gas|LNG]] [[import]] and [[Distribution (marketing)|distribution company]].<ref>{{cite web | url= https://agpglobal.com/who-we-are/ | title = Who We Are | access-date= 2023-01-15 | website= AG&P Global| date = 22 January 2022 }}</ref><ref>{{cite web | url= https://www.bloomberg.com/profile/company/7771251Z:PM | title = Atlantic Gulf & Pacific Co Of Manila Inc Profile | access-date= 2023-01-15 | publisher= Bloomberg}}</ref>


⚫
Since the acquisition of AG&P in 2010, Sigelman has led the growth of over US$300 million in equity infusions and the expansion of the company across the Asia-Pacific region, including the acquisition of Korean gas giant Gas Entec.<ref name=":2" /><ref>{{cite news |last1=Merrill |first1=Paul |title=Revolutionising gas: Joseph Sigelman |url=https://www.theceomagazine.com/executive-interviews/utilities-energy/joseph-sigelman/ |access-date=27 June 2022 |work=CEO |date=17 June 2022}}</ref>
Joe graduated with honors from Princeton University’s Woodrow Wilson School of Public and International Affairs and received his MBA from Harvard Business School. During his career he received many awards for his achievements, including the “World Economic Forum Young Global Leader” award, “Business Week Star of Asia” and “Asia CEO Expat Executive of the Year”. Joe is a life member of the Council on Foreign Relations, an independent organization dedicated to being a resource for U.S. national and foreign policy.<ref>{{cite web | url= https://joesigelman.com/ | title = Joseph Sigelman | access-date=2023-04-06 | publisher= Joseph Sigelman}}</ref><br>


⚫
Sigelman was a [[World Economic Forum]] Young Global Leader, a [[Businessweek]] Star of Asia, and the Asia CEO Expat Executive of the Year. Sigelman is a life member of the [[Council on Foreign Relations]].<ref>{{cite web | url= https://www.weforum.org/pages/fellows | title = Fellows | access-date= 2023-01-10 | website= World Economic Forum Organisation}}</ref>
⚫
=== Atlantic Gulf & Pacific ===
⚫
In 2010, along with a group of shareholders, Sigelman led the acquisition of Philippines-based business, Atlantic Gulf & Pacific (AG&P Group).<ref name=":1" /> AG&P is a major construction and engineering company based in the Philippines which was acquired in 2010 and reoriented to be an [[Liquefied natural gas|LNG]] [[import]], and [[Distribution (marketing)|distribution company]].<ref>{{cite web | url= https://agpglobal.com/who-we-are/ | title = Who We Are | access-date= 2023-01-15 | website= AG&P Global}}</ref><ref>{{cite web | url= https://www.bloomberg.com/profile/company/7771251Z:PM | title = Atlantic Gulf & Pacific Co Of Manila Inc Profile | access-date= 2023-01-15 | publisher= Bloomberg}}</ref>

⚫
Since the acquisition of AG&P in 2010, Sigelman has led the growth of over US$300 million in equity infusions and the expansion of the company across the Asia Pacific region, including the acquisition of Korean gas giant, Gas Entec.<ref name=":2" /><ref>{{cite news |last1=Merrill |first1=Paul |title=Revolutionising gas: Joseph Sigelman |url=https://www.theceomagazine.com/executive-interviews/utilities-energy/joseph-sigelman/ |access-date=27 June 2022 |work=CEO |date=17 June 2022}}</ref>

⚫
Sigelman was a [[World Economic Forum]] Young Global Leader, a [[Businessweek]] Star of Asia, and Asia CEO Expat Executive of the Year. Sigelman is a life member of the [[Council on Foreign Relations]].<ref>{{cite web | url= https://www.weforum.org/pages/fellows | title = Fellows | access-date= 2023-01-10 | website= World Economic Forum Organisation}}</ref>


==References==
==References==
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==External links==
==External links==
* {{Crunchbase|name=Joseph-Sigelman|type=person}}
* {{Crunchbase|id=Joseph-Sigelman|type=person}}


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[[Category:20th-century American businesspeople]]
[[Category:20th-century American businesspeople]]
[[Category:21st-century American businesspeople]]
[[Category:21st-century American businesspeople]]


{{US-business-bio-1970s-stub}}

Latest revision as of 17:18, 7 June 2024

Joseph Sigelman
Born (1971-02-06) February 6, 1971 (age 53)
New York City, United States
NationalityAmerican, Phillipino
Alma materPrinceton University (BA)
Harvard Business School (MBA)
Years active1999–present
Children2
Websitewww.joesigelman.com

Joseph Sigelman (born February 6, 1971)[1] is an American businessman. He is a co-founder of AG&P Group and ex-CEO of OfficeTiger.[2][3][4]

Early life and education

[edit]

Joseph Sigelman was born on February 6, 1971, in New York City, in the United States.[1][5] He is a graduate of Princeton University's Woodrow Wilson School of Public and International Affairs, and he went on to receive his MBA from Harvard Business School, during which time he worked as a summer intern at Goldman Sachs in London.[6][7] Sigelman is married and has two children, who were both born in the Philippines.[8]

Career

[edit]

Sigelman started his career in investment banking with Lazard Frères & Co. and later worked in private equity at the London Offices of Goldman Sachs, where he had interned during his studies. In 1999, he along with friend and business partner Randy Altschuler, who was his classmate at Princeton University, started their first business called OfficeTiger.[9]

Early career

[edit]

In 2004, the company had over 2,000 employees and operated in both the US and the UK.[3] In 2006, the company was arguably one of the first businesses worldwide to enter the business process outsourcing space in India and closed a US$250 million cash sale to RR Donnelley & Sons.[10]

Sigelman further expanded the business operations, with the opening of a new company PetroTiger Ltd, a British Virgin Islands oil and gas company with operations in Colombia and offices in New Jersey.[11]

In 2013, legal proceedings commenced against Sigelman in relation to dealings between PetroTiger and Colombian officials that were in violation of the Foreign Corrupt Practices Act.[12] Proceedings were concluded in 2015, with Sigelman being fined $100,000.[13] The judge, Joseph Irenas, criticized the prosecutors in the case, saying he felt he was "being played with" after the prosecution decided "not to complete the trial." Irenas also pointed out that Sigelman has proven his ability to do great good in relation to the work he is doing in developing nations like Colombia.[14] Bloomberg Financial News also questioned the prosecution of Sigelman, suggesting he may have been a "Mark" for others involved.[15]

Atlantic Gulf & Pacific

[edit]

In 2010, along with a group of shareholders, Sigelman led the acquisition of a Philippines-based business, Atlantic Gulf & Pacific (AG&P Group).[3] AG&P is a major construction and engineering company based in the Philippines which was acquired in 2010 and reoriented to be an LNG import and distribution company.[16][17]

Since the acquisition of AG&P in 2010, Sigelman has led the growth of over US$300 million in equity infusions and the expansion of the company across the Asia-Pacific region, including the acquisition of Korean gas giant Gas Entec.[4][18]

Sigelman was a World Economic Forum Young Global Leader, a Businessweek Star of Asia, and the Asia CEO Expat Executive of the Year. Sigelman is a life member of the Council on Foreign Relations.[19]

References

[edit]
  1. ^ a b "house of - AWS" (PDF).
  2. ^ "CNN.com - Transcripts". transcripts.cnn.com. Retrieved June 2, 2022.
  3. ^ a b c Kuan, Judy S. (2004). Offshore Business Sourcing Special Report on Law & Strategy. WorldTrade Executive, Inc. ISBN 978-1-893323-65-0.
  4. ^ a b "Joseph Sigelman – AG&P Global". Retrieved June 2, 2022.
  5. ^ "2 businessmen to become Filipinos by legislative action". Manila Bulletin. Retrieved June 2, 2022.
  6. ^ Dumlao, Doris C. (August 11, 2012). "American entrepreneur bets big on PH". INQUIRER.net. Retrieved June 2, 2022.
  7. ^ "OfficeTiger: An amazing success story". www.rediff.com. Retrieved June 2, 2022.
  8. ^ "Committee on Justice Report" (PDF). Congress of the Republic of the Philippines. 7723 (515). 21 September 2020. Retrieved 20 December 2022.
  9. ^ S.A.S, Editorial La República. "Exjefe de PetroTiger, Joseph Sigelman, acusado de soborno". Diario La República (in Spanish). Retrieved June 2, 2022.
  10. ^ Warrier, Shobha (2006-09-14). "OfficeTiger: An amazing success story". Rediff News. Retrieved 2022-06-02.
  11. ^ "Summum Corp (PetroTiger) Business Profile". British International Investment Group. Retrieved 2023-01-15.
  12. ^ "News Release: Former Chief Executive Officer of Oil Services Company Pleads Guilty to Foreign Bribery Charge". United States Department of Justice. 2015-06-15. Retrieved 2022-06-16.
  13. ^ "Ex-PetroTiger co-CEO avoids prison in bribery case". Reuters. 2015-06-17. Retrieved 2022-06-03.
  14. ^ "Ex-CEO Sigelman of PetroTiger Sentenced to Probation Over Bribery". The Wall Street Journal. 2015-06-16. Retrieved 2023-01-15.
  15. ^ "Does This Man Look Like a Felon to You?". Bloomberg. 2015-01-15. Retrieved 2022-12-12.
  16. ^ "Who We Are". AG&P Global. 22 January 2022. Retrieved 2023-01-15.
  17. ^ "Atlantic Gulf & Pacific Co Of Manila Inc Profile". Bloomberg. Retrieved 2023-01-15.
  18. ^ Merrill, Paul (17 June 2022). "Revolutionising gas: Joseph Sigelman". CEO. Retrieved 27 June 2022.
  19. ^ "Fellows". World Economic Forum Organisation. Retrieved 2023-01-10.
[edit]
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