![]() ![]() Īfter selling C1 Bank in 2016, Burgess formed TRB Development with his business partner, Jon Carlon. C1 Bank was acquired by Bank OZK in July 2016 generating a 47% return for its IPO investors in less than 24 months. In 2014 SNL named C1 the 6th fastest growing bank in the country over the prior five years. Burgess was named the 2014 American Banker Community Banker of the Year and was recognized as the 2013 Ernst & Young Florida Entrepreneur of the Year in the financial services category. Ĭ1 Bank was a $1.7bn bank focused on the needs of entrepreneurs, and had 31 offices throughout Florida. Burgess served as a director of C1 after acquiring control of C1's predecessor bank, Community Bank of Manatee, in December 2009. On becoming the first openly gay banking CEO, Burgess told CNBC, “If that can help the next generation of leaders come out and feel comfortable being authentic, like kids who are in college and considering careers in finance or being entrepreneurs, I’m really lucky.” Businesses īurgess is the founder and CEO of the former C1 Bank, and its bank holding company, C1 Financial ( NYSE: BNK). The 'Wall Street journal' reported in March 2014 that it was still common for LGBT workers to stay closeted. Todd Sears, founder of an annual LGBT leadership summit for the finance industry noted it was common for executives to not come out until they retired, or even be outed when they died. Companies can still legally fire a worker for being gay in 29 states, and many subtle biases remain in the workplace." Former BP chief John Browne noted that homophobic corporate cultures and board of directors keep people in the closet with corporations level of conservativeness rising with the company's size. In 2012 the Human Rights Campaign noted it was still an issue to be LGBT in the workplace as there were no openly gay CEOs in the Fortune 1000 and "U.S. He then went on to be a partner at Artesia Capital Management, a private equity firm with investments in Brazil and the U.S." Industry environment for LGBT workers Burgess spent ten years at Morgan Stanley as an investment banker in New York, Los Angeles and London, including "executing more than $50 billion in transactions for major clients, including Chipotle Mexican Grill, which he helped take public in 2006." His last appointment was as a Managing Director in Global Capital Markets leading over 100 investment banking transactions such as the IPO for Chipotle. He was a management consultant at Monitor Company, a Cambridge, Massachusetts firm, associated with Michael Porter. He graduated in 1994 from Dartmouth College. Early life īurgess has been openly gay since his teenage years. He is the founder of TRB Development and the president, majority shareholder and CEO of Neptune Flood Insurance. He was an investment banker and CEO of C1 Financial. Geographic Information Systems (GIS) data: Understand the critical geographic factors driving the risk of your projected portfolio.Trevor Burgess is an American entrepreneur.Take-up rate probability: Understand the likelihood of adoption based on high-quality data at the location or census-tract level.Competitive analysis: Compare Milliman Bungalow premiums to estimated competitor and National Flood Insurance Program (NFIP) premiums across your proposed markets and test scenarios with customized private flood rates.Market baskets: Base your analysis on portfolios of hypothetical risks representing realistic distributions of pricing and modeling characteristics.Milliman Bungalow: Industry-leading residential and commercial rates, rules, forms and technology for private flood insurance.Leverage solutions delivering the in-depth insights to help you plan your data-driven private flood strategy, including: Identify the flood approach that fits your business needs with our comprehensive, affordable Flood Fast Start analysis.
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