Mr. Panachyda is a graduate of Newark College of Engineering, with a Bachelor of Science in Mechanical Engineering.
He was working for an engineering/design firm for about four years, when he was ...view moreMr. Panachyda is a graduate of Newark College of Engineering, with a Bachelor of Science in Mechanical Engineering.
He was working for an engineering/design firm for about four years, when he was drafted in the army in 1970. He did his basic training at Fort Lewis in the state of Washington and was sent to Picatinney Arsenal in Dover, New Jersey. He received a patent for an idea he had and was honorably discharged in 1972, with the rank of SPS.
He went back to engineering and construction in New York City and, after five years, was asked by the president of the company if he would consider going to Brazil to represent the company as part of a joint venture with a Brazilian developer in Sao Paulo, Brazil.
After two years, Mr. Panachyda found out that the joint venture partner was using joint venture funds for his private ventures. The joint venture was dissolved, and Mr. Panachyda was asked if he would stay on as general manager for the American company, which he did for ten years until the company was bought by a German company, who also had an office in Sao Paulo.
It was during these ten years that Mr. Panachyda began to use the words "proactive vs reactive" with his staff, both in the field and main office to see that problems would not arise, so as not to increase costs or add time to the schedules, which could impact the clients' budget.view less