Launch Pad CEO Glen Wakeman Uses His Company to Raise Money for Puerto Rico

The American Red Cross was ready and waiting when Hurricane Irma struck Puerto Rico in September. Thirteen days later, before recovery from Irma could be completed, Hurricane Maria besieged the island for almost a day and a half. Generating 155 mph winds and torrential rains Maria obliterated Puerto Rico’s infrastructure. As of this writing, the larger portion of Puerto Rico is without electric and clean-up is incomplete.

 

The Red Cross’ Relief fund for Puerto Rico consists of $55 million and that sum is still not enough. The money that the Red Cross raises to help the devastated island comes from private individuals and responsible corporate citizens like Glen Wakeman.

 

The CEO of Launch Pad Holdings LLC. a company he founded Glen Wakeman believes that a corporation has an obligation to any community in which it does business. Having personally made a $1,000 contribution to the recovery efforts in Puerto Rico, Wakeman encourages his clients to contribute as well.

 

Monies raised by the Red Cross through the efforts of Glen Wakeman and others provide Maria’s victims with vitally important medical aid. Red Cross nurses and EMTs are working to aid the sick and injured while offering relief to the island’s overtaxed EMS system.

 

Other Red Cross volunteers are distributing food, water, hand sanitizer, and insect repellent to those affected by the storm (https://thebrotalk.com/businessman/glen-wakeman/). Home repair kits and work gloves are among the other relief items being distributed.

 

The Red Cross has provided technologies like satellite phones to Puerto Ricans to ease the communications problems caused by Maria. For all that has been accomplished, there is still much that needs to be done.

 

Glen Wakeman earned a Bachelor of Science degree in Economics and Finance from the University of Scranton. He also holds an MBA in Finance from the University of Chicago. His current company Launch Pad Holdings finds seed money for and offers guidance to fledgling companies.

 

He is an international citizen who has lived and or worked in 38 countries. During his working life, Glen Wakeman has earned respect for his business acumen and skills as a mentor to CEOs (LinkedIn).

 

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