Dick Devos Makes Impact Through Philanthropy
Most people know of Dick DeVos and his family. The DeVos family headed by Richard DeVos led the company Amway to great fame and fortune throughout the 1990s and 2000s. Now that Amway has become one of the most successful brands in America, DeVos has moved on to nobler pursuits. In fact, he has his own private equity firm called the Windquest Group that helps businesses that want to make the world a better place. It’s been getting difficult for him to stay in just one area, however.
DeVos was recently tapped for a position on the Management Advisory Council, which was set up by the Federal Aviation Administration in 2017. Many wondered what kind of experience did DeVos have to work on aviation polices and regulations, but he was chosen because of his ability to implement profitable strategies for unique aviation businesses, such as airports.
One example of this stands out in terms of DeVos’ history. He originally began working with the Gerald R. Ford International Airport in his hometown around 1999. The airport had just relaunched to abysmal numbers, and DeVos saw an opportunity. He brought on new destinations just by working with airline CEOs and showing them a plan to bring in more business travelers. The plan worked. The airport recently surpassed 3.26 million travelers in one year.
However, much of this success comes after years of working on the airport as well. He got airlines to come together and get a $45 million renovation fund in order to support the airport’s number one customer: the business traveler. This model has worked so far for Gerald R. Ford International Airport, but will it work for others areas and transportation networks?
DeVos wants to find out. He is teaming up with the FAA in order to help with policies, regulations, budgets, and future growth. So far he has worked with them on a number of issues. The FAA announced that it had a $40 million budget for the new GSO Tower and that was is able to bring in new technology to the security of airports.
There is a lot to look forward to from Dick DeVos as he continues to pursue civilian servitude up with others.
Read http://dickdevos.com/news/ to learn more.