Jaak Rannik's Email & Phone

Jaak Rannik has been a business executive, entrepreneur and public policy advocate in the Caribbean basin for more than 30 years. He has operated companies with global focus in both the United States and the Dominican Republic; been involved in major port infrastructure development; and served as president of one of the Americas? leading business associations. Recognizing the potential for FutureSentry to improve radically the safety and profitability of institutions worldwide, he has assembled and is guiding an experienced team to manufacture and distribute the first practical robotic security guard. As outgoing CEO in an orderly transition process at Grupo B&R, S.A., Jaak Rannik is turning his attention to launching FutureSentry and building it into an essential component of integrated security systems. Since 1986, he has served as either president or CEO of Grupo B&R, a diversified ocean and airfreight transportation, logistics, intermodal services and marine services group A lifelong student of development economics, he has helped attract nearly $500 million in new direct foreign investment in the Dominican Republic. As part of his development of the B&R group and its subsidiaries, he successfully managed B&R's transition from one of many local stand-alone stevedores and terminal operators into part of a large terminal company with a regional presence and global reach. Staking his company's future on what at the time looked like a long shot, in 1996 he became one of three ground-floor partners who promoted, developed and attracted $300 million in financing for the successful Caucedo container port, which was inaugurated in early 2004. Currently he is president of Caucedo Development Corporation and a director of Caucedo Investments, Inc. In 1973 he founded, and was managing director until 2008, of Remolcadores Dominicanos, S.A., and its affiliates, the largest harbor and offshore towing and marine salvage group in the northern Caribbean. In addition to his business activities, he is a past president of the Washington-based Association of American Chambers of Commerce in Latin America (AACCLA) and past president of the American Chamber of Commerce of the Dominican Republic. Rannik is a former member of the board of directors and executive committee of the Consejo Nacional de la Empresa Privada (CONEP), the national business council and umbrella organization for the DR's major business organizations. In those roles, he has worked to improve the climate for trade and investment throughout the Hemisphere. From 19922008, Rannik served successively as Vice Consul, Consul and Consul-General of the Kingdom of Denmark in the Dominican Republic. He is a Knight of the Order of the Dannebrog, one of Denmark's highest meritorious decorations for foreign citizens. An avid salt-water angler, Rannik has been a pioneer in advocating catch and release policies for the conservation of billfish stocks, and in 1990-1992 served as Commodore of the prestigious Club Nautico de Santo Domingo. Jaak Rannik divides his time between the Dominican Republic and the United States. He earned a BBA degree at the University of Miami in 1968, and he is a retired officer in the United States Coast Guard Reserve.