I am truly honored to be named the 2013 Vetrepreneur of the Year by® NaVOBA and Vetrepreneur magazine. I take great pride in my military service and in our success at Pinnacle. - Michael Durant
Pittsburgh, PA (PRWEB) May 21, 2013
The National Veteran-Owned Business Association (NaVOBA), in partnership with JP Morgan Chase, announced today that U.S. Army veteran Michael Durant, president of Pinnacle Solutions Inc., is the 2013 Vetrepreneur of the Year®, a prestigious honor bestowed annually to only the finest role models the veteran-owned business movement has to offer.
Durant is a former Super Six-Four Black Hawk pilot who was shot down during the Battle of Mogadishu, Somalia, in 1993. He was held captive for 11 days. His story, as well as of those who fought in the battle, was portrayed in the film, “Black Hawk Down.”
With a truly remarkable tale of determination and perseverance, Durant has since become the quintessential American business success story. He co-founded Pinnacle Solutions, a flight simulation and training company based in Huntsville, Ala., in 2007 with Jimmy Moore.
“I am truly honored to be named the 2013 Vetrepreneur of the Year by® NaVOBA and Vetrepreneur magazine. I take great pride in my military service and in our success at Pinnacle,” Durant said. “Like the great units I served in, our success at Pinnacle is a direct result of the hard work and dedication of each of our employees - an extraordinary group of talented individuals with a shared commitment to excellence.”
Five-year-old Pinnacle Solutions Inc. ([http://www.pinnaclesolutionsinc.com) employs more than 70 people (60 percent veterans) and posted revenues exceeding $10 million last year.
Durant graces the cover of the June 2013 issue of Vetrepreneur, NaVOBA’s national magazine. To read more about Durant, visit http://navoba.com/durant.
The Vetrepreneur of the Year® demonstrates the finest attributes crucial in leading a flourishing business: sustained business growth and success, and an extensive aspiration to cultivate veteran entrepreneurship. The judging criteria include an assessment of financial performance, company growth, leadership, profitability, integrity and values.
The notion that military training is world-class preparation for running a business is reinforced by the fact that one out of every seven veterans in the U.S. owns a business, according to Census data. That’s twice the national average.
“We are proud to present the 2013 Vetrepreneur of the Year® Award to Michael Durant,” said Richard Buccarelli, Chief Procurement Officer of JPMorgan Chase. “Mike’s contributions to our nation are both inspirational and humbling, and we are honored to recognize his business achievements.”
About The National Veteran-Owned Business Association (NaVOBA)
NaVOBA unites the nation’s 3 million businesses owned by military veterans by providing a single voice to advocate for important issues.
For more information visit us on the web at http://www.navoba.com, or follow us on FaceBook and on Twitter @navoba.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses,commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate,institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at http://www.jpmorganchase.com.
For further information or to arrange interviews contact: BP Media Relations for NaVOBA
Barbara Pflughaupt – 212-707-8181 or Judee Cohen – 917-721-0663