Diversity, Equity & Inclusion (DE&I) Resources, Michigan Venture & Entrepreneurial Foundation. He holds an MBA from the University of Michigan. Struggling to maintain healthy relationships? ALLEGAN, MI - Michael Jandernoa says Perrigo Co. PLC is in good hands. This internship is a remote position and requires a working, reliable internet connection as well as a quiet, dedicated workspace. Strategic Communications Graduate Intern, Remote, Summer/Fall 2023 The COVID-19 pandemic did not factor into the decision to downsize the number of units, VerWys said. He holds an MBA from the University of Michigan. Senior writer, covers health care, finance and life sciences. Greater Grand Rapids Economic Development - The Right Place, Carl Jandernoa - Partner - 42 North Partners - LinkedIn, Displaying items tagged: 42 North Partners LLC - MiBiz: West Michigan Business News. On Thursday, Perrigo reported a third-quarter loss of $1.3 billion, a loss of $8.76 per share. His continuing involvement in business is influenced by an extensive career of innovative thinking and leadership. 1 bergmankjellberg.com; Charlotta Magnusson Client Relationship Manager. "All this conversation about trade," Jandernoa said, " and we have a tax system from the 1900s.". Amy Lake Personal Assistant / Grant Coordinator. Donald Jandernoa Obituary - Tribute Archive Some of that money has gone to Catholic entities, since Jandernoa himself is a Catholic. Board meetings that once involved a day and a half now take four days because of the travel required. He has high praise for Hendrickson, a 27-year veteran of the company who took over after former CEO Joe Papa departed earlier this year. 27-year-old Jonathon Michael Lane. Extracted financial data is not available for this tax period, but Form 990 documents are available for download. All rights reserved (About Us). Sign up to get ProPublicas biggest stories delivered straight to your inbox. According to the Michigan Campaign Finance Network, Jandernoa gave $437,500 in the 2015 2016 election cycle (the 9th most in the state) to the Republican Party and he contributed $795,000 in the, Jandernoa also sits on the boards of numerous groups that are part of the Grand Rapids Power Structure, like the West Michigan Policy Forum, Talent 2025, Business Leaders for Michigan and. Service. He is the former CEO and chairman of Perrigo Company. Duplicated download links may be due to resubmissions or amendments to an organization's original return. Organizations making less than $50,000 dont have to file either form but do have to let the IRS theyre still in business via a Form 990N "e-Postcard.". Next year, when it actually happens, its going to be very emotional when it gets to the real date., Jandernoa began with Perrigo when the company had a workforce of 300 people and $30 million in sales. Perrigo acquired the royalty stream as part of its $8.6 billion deal for. Corporate Real Estate, Global Portfolio Management & Transactions Jandernoa's son Steve, 34, is involved in apple orchard packing and agricultural enterprises that include hops farming to serve West Michigan's craft brewing industry. Jandernoa Entrepreneurial Mentoring: A perfect formula to main the For the quarter that ended Oct. 1, the company reported net sales of $1.35 billion. President, JandernoaFamily Foundation, 42 North Trustee Kevin Polston Superintendent, Kentwood Public Schools Trustee Diana Sieger President, Grand Rapids Community Foundation Trustee Adnoris "Bo" Torres Latinx/e Community Advocate and Latino Community Coalition Trustee Matthew VanZetten Community Member Trustee Aarie Wade From 1991 to 2003, Jandernoa served as chairman of the board of Perrigo. Perrigo has been under pressure to make changes from an activist shareholder, SUBSCRIBE TO MIBIZ TODAY FOR WEST MICHIGANS FINEST BUSINESS NEWS REPORTING, Major health systems dropping mask mandates in momentous shift of pandemic policy, Michigan organizations receive $34.3M in federal funds to lend in low- and moderate-income communities, Access to credit may tighten, but Michigan banks maintain strong health, Survey finds 39% of Michigan hospital nurses want to quit within a year, Michigan health insurers keeping preventative care coverage despite Texas court ruling, MiBiz on WOOD-TV8: Perrigo to pitch FDA on over-the-counter birth control pill, Perrigo to pitch FDA in May on over-the-counter birth control pill, Perrigo backs off on M&A to focus on integrating recent deals, reducing debt, Talent, economic development and playing defense: Biz advocates prepare for new landscape in Lansing, Michigans economic competitiveness dips slightly as other states make gains. Perrigo acquired the royalty stream as part of its $8.6 billion deal for Elan Corp. plc in 2013, in which it re-domiciled to Dublin. Trustee The following data is for 2015 2017, based on the 990 documents we obtained from Guidestar, for the Michael and Susan Jandernoa Foundation. For two and a half years, Jandernoa maintained an office on the 48th floor of the PanAm building in New York, as well as in Allegan. Company: Bridge Street Capital Partners, LLC Position: Co-founder and partner Age: 59 Birthplace: Detroit Residence: West Olive Family/Personal: Wife Sue; three sons, age 27 . As he prepares to leave the board, Perrigo is going through a restructuring of its ailing European business that led to a deep loss in the third quarter. We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. Student Academic Success & Well Being District Coordinator, Grandville Public Schools Claim your profile . Jandernoa is the former president of Perrigo. Attorney, Miller Johnson, Trustee Each of those meetings typically absorbed one to one and a half days when the corporation was based in Allegan. The ideologically driven funding that the Jandernoa Foundation provides goes to the following entities: All of the above entires either are designed to either; 1) influence educational outcomes Catholic Central, Calvin Theological Seminary, GVSU and the Grand Rapids Students Advancement Foundation; 2) Pro-capitalist practices Junior Achievement, Grand Action and Start Garden Foundation, or 3) public policy outcomes Mackinac Center for Public Policy and the Great Lakes Education Foundation. EIN 38-3083625 . In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. That exceeded the average of expectations of 15 financial analysts surveyed by Zacks Investment Research of $1.59 per diluted share. ", He said there are estimates that U.S. companies have about $1.5 trillion invested abroad. Dr. Jandernoa works in Lansing, MI and 2 other locations and specializes in General Dentistry. All Rights Reserved. Please verify insurance information directly with your doctor's office as it may change frequently. Perrigo has been under pressure to make changes from an activist shareholder,Starboard Value LP, which holds a 4.6-percent stake in the company. After having a hand in growing Perrigo to $5.35 billion in sales in 2015 with a global workforce of more than 13,000 people, Jandernoa said hes pivoting to focus on what he calls his next career.. Now that we can see the ways in which Jandernoa works to influence economic policy and the political process in Michigan, lets look at how his foundation compliments these efforts. President, Grand Rapids Community Foundation, Trustee Access lists of funders based on detailed search criteria and other features such as: Copyright 2023 Candid. We hope to bring additional product lines, continued high quality and service levels, and consistent, reliable service, Greg Corsaro, COO of FreshEdge, said of the Vine Line acquisition in a recent interview with produce industry publication Blue Book Services. Overall, Jandernoa has served as an executive or a director at Perrigo since 1981. Jandernoa Name Meaning & Jandernoa Family History at - Ancestry The approximate dates of this internship are June 2023 - January 2024. Cookie Settings/Do Not Sell My Personal Information. The $1.25 billion loss resulted from two large impairment charges connected to Europe, according to the company. I need to give my sons and the family office more time.". Grand Rapids Institute for Information Democracy, Jandernoa is the former president of Perrigo. Michael J. Jandernoa - Giving to Grand Valley - Grand Valley State Its a lot of time and Im so blessed to have been involved with Perrigo for this time.. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly. Read the API documentation . Like their father, Carl and Steve are certified public accountants. Copyright. Steve Jandernoa - 42 NP Dr. Nathan Jandernoa, DDS . Perrigo re-incorporate itself in Ireland, but Allegan County's role will not change in Perrigo's world, he said. Leave a review (517) 394-4040 . If you have used our data or site in your research or reporting, add credit and a link to Nonprofit Explorer in your story or publication and let us know. 42 North Partners is part of the Finance industry, and located in Michigan, United States. The past chairman and chief executive officer of the store-brand products maker praises the skill and competence of company CEO John Hendrickson. Jandernoa was born in Detroit, spent the early years of his life in tiny Pewamo in Ionia County and relocated to the Grand Rapids area at age 14. Mike Jandernoa leaves the board at Perrigo Co. plc next spring and in the process ends a link to the companys past when it was a far smaller producer of medications in rural Allegan. Jandernoa Name Meaning Historically, surnames evolved as a way to sort people into groups - by occupation, place of origin, clan affiliation, patronage, parentage, adoption, and even physical characteristics (like red hair). Jandernoa family office 42 North Partners exits Vine Line in sale to PE ALPINE TWP. But he hopes the businessman fulfills statements he has made to dramatically lower the U.S. corporate tax rate. Kevin Fridman email address & phone number | Wictor Family Office In recent years, Jandernoa has been involved with 42 North Partners, which he created with his wife Sue. Jandernoa has done this in three ways. In addition, by contributing to groups like Mel Trotter Ministries and Kids Food Basket, the Jandernoa Foundation can count on these same organizations to not challenge or resist the ways in which Jandernoa influences public policy, which ultimately leads to the creation of poverty and hunger. Trustee Lisa Labinski . There are some secrets even true "Chopped" fans don't know about. Community Member Jandernoa's sons have various roles in 42 North Partners, a private equity firm started by him and his wife Sue about eight years ago that has several involvements, including venture capital investments, various entrepreneurial efforts, acquisitions, a CEO mentoring service, and community-based initiatives.
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