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|Articles - June 2011|
|Wednesday, May 18, 2011|
Page 3 of 4Sturgeon operates from a modest, south-facing office on the Fox Tower’s 20th floor. She can be approachable and charming, flashing sparkling eyes as she talks of her imminent escape from spring dreariness to Mexico with her husband and two small boys. But as the conversation shifts to business, it shortens, each of her words measured cautiously. Despite the fact that she’s held the title of president for 10 years now, since she joined TMT as a young Willamette University graduate student at Moyer's request, she admits to being “nervous” about how the ongoing Park Avenue West saga is playing out in public. “I’m worried I’m going to get reamed over it,” in future press, she says.
Sturgeon offers brief glimpses of how difficult the last three years have been. She signed the stop work orders at Park Avenue West in April 2009, a week after her second son, Cole, was born, and a few days after closing on a new house in Lake Oswego.
“It was all a blur,” she says.
Shutting down the project “was incredibly hard. The hardest part was there were no other construction jobs for the workers to jump to.”
“[The downturn] has been hard for people in the office,” she says. “They call counterparts at other firms and they’re just gone, voice mail disconnected. These are people who’ve worked for the same place for 10 or 20 years. So it’s tough for morale.”
But asked if the sight of that dormant hole kitty-corner from the Fox Tower gets under her skin, she grows terse. “It’s just part of the landscape now,” she says.
There is undoubtedly a hard-nosed edge to Sturgeon. She reportedly announced intentions to sue her father, Elie Kassab, for ownership of a theater property in Vancouver, Wash., after dinner at his house with her brother and sister in 2005. The children thought they’d been wronged in a divorce settlement between their mother, Kimberly Moyer, and Kassab, which granted him the company. (Sturgeon and her siblings lost in court.)
By the accounts of business associates, Sturgeon is now the developer in charge at TMT. But she says Moyer still remains a close adviser, descending from his condominium to the office every day, and checking in by phone when at his second home in Rancho Mirage, Calif. “We talk about everything,” Sturgeon says.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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