BOCA RATON, FL (BocaNewsNow.com) (Source: FAU) — Florida Atlantic University’s College of Business will host the 24th annual Business Leader of the Year breakfast on Wednesday, Feb. 17, 2016 at 8 a.m., at the Boca Raton Resort & Club, 501 East Camino Real, in Boca Raton. This year’s program celebrates the accomplishments of ADT and the leadership of Naren Gursahaney, ADT president and chief executive officer.
“For more than 20 years, FAU’s College of Business has celebrated the accomplishments of outstanding companies and their leaders through the Business Leader of the Year Award,” said Daniel Gropper, Ph.D., dean of FAU’s College of Business. “ADT is an excellent organization and Naren Gursahaney’s leadership is impressive. Boca Raton is fortunate to have ADT headquarters as part of our vibrant business community – they are an outstanding company.”
Gursahaney continues his focus on making ADT a world-class customer-centric organization by building a strong management team, shaping the company’s culture, and maintaining and growing the company’s industry leadership position. Under his direction, ADT is poised for continued growth through new and expanded revenue streams and a focus on continued innovation.
ADT was founded in 1874 as American District Telegraph Company, and it served a need for communications and messaging services on what was then state-of-the-art telegraph technology. Now, more than 140 years later, ADT uses communications technologies that seem unimaginable at the time the company was founded, while its core home and business safety and security solutions still meet customer demands.
Gursahaney was previously president of Tyco Security Solutions, the largest operating segment of Tyco International, which included ADT Security Services. His extensive experience in enhancing the operational efficiency of multi-billion dollar organizations brought him to Tyco in 2003 to launch and lead a companywide operational excellence initiative. He then served as president of Tyco Engineered Products and Services, a $7 billion division, and its Flow Control business.
Prior to joining Tyco, Naren spent 10 years in leadership roles at General Electric, including general management, marketing, and business development and information technology. He was President of GE Medical Systems Asia, Chief Information Officer of GE Medical Systems and Vice President of Service for GE Medical Systems Asia.
Before GE he served four years with Booz Allen & Hamilton, a leading global consulting firm. He began his career as an engineer with Westinghouse Electric in the U.S. and Israel, where he worked on the company’s F-16 co-production program.
Naren has an M.B.A. from the University of Virginia’s Darden School of Business Administration, and a Bachelor of Science in mechanical engineering from Penn State University. He has been honored with the Outstanding Engineering Alumni Award from Penn State, and serves on the board of directors of NextEra Energy, Inc.
Sponsorships for the event are available, which include a corporate table and event admission at the Boca Raton Resort & Club. A portion of the sponsorship dollars raised from the Business Leader of the Year event will provide scholarships to FAU students. These awards are granted to students enrolled in the College of Business at FAU who have strong academic achievement and demonstrate leadership qualities.
Since 1991, FAU’s College of Business has presented the Business Leader of the Year award, honoring the work of outstanding contributors to the overall business climate of the southeast region of Florida and the state. Gursahaney joins other honored recipients of the award, including Jeff Stoops, Jordan Zimmerman, Wayne Huizenga, Jim Robo, Mike Jackson, Ronald Assaf, Alexander Dreyfoos, Jim Moran, Carl DeSantis, Bud Paxson, Jerry Levin, Pat Moran, Jeb Bush, Alan Levan, Mike Maroone, and others.