Jose Auriemo Neto is a respected business executive in Brazil. He is the Chairman and CEO of the JHSM Group. Jose is a venture capitalist with an eye for business opportunities. In his tenure at JHSM, Jose Auriemo Neto decided to take the construction company to a direction the shareholders had never thought about. He introduced the construction company to retail business. JSHM is primarily a construction company that handles major projects in Brazil. It focuses on the development of both residential and commercial buildings. The company was established in 1972 by two brothers, Fabio and Roberto Auriemo. They admitted two more investors who joined hands to lift the company to take on greater projects.
The Growth of JHSM
JHSM has grown steadily since its inception. It started taking on major infrastructure projects in 2001. It is also the time when Jose Auriemo Neto introduced the idea of building malls. The idea became what is now commonly referred to as the mall revolution in the company. Jose Auriemo Neto first started with the construction of the popular Metro Santa Cruz. The Sao Paulo-based mall was the maiden mall that Brazil saw on its commercial construction horizon. The mall was constructed in such a way that it was joined to the local subway station. It was an instant hit. The consumers that were targeted in the area responded with excitement. It was, basically, a convenience store for most of the customers. Customers could do some quick shopping as they waited for their trains to arrive.
Change of Guard
JHSM introduced a new leader in its ranks by appointing the eldest son of Fabio to the helm. Jose Auriemo Neto became the president of JHSM at the age of 27.His introduction to the business was a blessing that saw him take the company into directions that produced quick results. He was young and thought differently from the traditional investors. He is credited with diversifying the company business including introducing the retail ventures that have not only added value but prestige to the group’s outlook and more