FEI Congratulates 2014 Hall of Fame Inductees
PR Newswire – Dec. 1, 2014
Robert Blakely ’64, MBA ’65, former CFO of WorldCom, was named to the FEI Hall of Fame by Financial Executives International (FEI), a national association for CFOs and other senior level finance executives. Blakely was formally inducted into the FEI Hall of Fame during a celebratory gala in New York City, Nov. 17, 2014. The FEI Hall of Fame is a distinguished honor which annually recognizes highly respected financial executives for displaying exemplary performance, leadership and integrity. Blakely serves on the boards of Ally Financial Inc., Westlake Chemical Corporation, Greenhill & Co., Inc. and Natural Resource Partners, LP, and was a former trustee of the Financial Accounting Foundation. He has more than 30 years of experience in corporate finance, including roles as CFO of WorldCom/MCI and executive vice president and CFO of Fannie Mae, where he led the financial restatement and implementation of SOX controls. Blakely has also served as a member of the Cornell Board of Trustees since 1996.
Pakistan sex taboos challenged by TV phone-in show
BBC News - Dec. 1, 2014
Faizan Syed, MBA ’09, CEO of Pakistan’s Health TV (HTV), is featured in this video and story about “Clinic Online”, a weekly call-in show discussing sexual health. HTV is a channel that focuses “on everyday lives of Pakistanis with a mix of health and lifestyle content,” reports the article, which includes this comment from Syed: “As for 'Clinic Online', the chief executive of the HTV channel, Faizan Syed, says the show is going through a period of trial and error. ‘Frankly, we are in an unchartered territory. Is there room for improvement? Certainly! But that doesn't take away the fact that we are providing a service that no one else has the courage or willingness to offer.’"
Seres Health Appoints Biotechnology Finance Leader Eric Shaff As Chief Financial Officer
BioSpace – Nov. 17, 2014
Eric Shaff, MBA’04, was appointed chief financial officer of Seres Health, a clinical-stage therapeutics company. Prior to joining Seres, Shaff was the vice president of corporate finance at Momenta Pharmaceuticals. Shaff brings over 15 years of corporate biotech finance and development experience to Seres. “His experience and contributions will be extremely valuable as we further advance SER-109, our lead Ecobiotic® microbial therapeutic and accelerate Seres' progress towards commercialization,” said Dr. Roger J. Pomerantz, President, CEO and chairman of Seres Health.
B2R Finance Adds Chief Executive Officer
Wallstreet Online – November 17, 2014
Jason Hogg, MBA ’02, was appointed CEO of B2R Finance, a leading provider of residential buy-to-rent mortgages for single-family rental property investors. “With Jason’s success turning great ideas into profitable companies, we know he will enhance stakeholder value and establish B2R as the preeminent provider of residential finance products and services,” said Nick Gould, executive chairman of B2R. Hogg is most notable for founding the alternative payment company Revolution Money and being the first name inventor of a scalable, global platform that supports a number of businesses including Bluebird by American Express and Walmart. Hogg is a senior lecturer of entrepreneurship and innovation at Johnson.
Todd Schnuck rises to chairman and CEO of Schnuck Markets
St. Louis Post-Dispatch – Nov. 13, 2014
Todd Schnuck, MBA’83, became chairman and CEO of Schnuck Markets Inc., the Maryland Heights-based food and pharmacy chain. Schnuck, 55, succeeded his brother, Scott Schnuck, who will serve as chairman of the company's executive committee.
The $100 Custom Shirt Is Here. Does It Have Room for Profit?
Bloomberg Businessweek – November 11, 2014
Susan Kantor, MBA ’91, gets a mention as a top stylist at J. Hilburn, a premium custom shirt maker. Kantor is a senior managing partner in the business and she regularly travels to fit new clients and show off the season’s fabric swatches. She has sold so many J. Hilburn shirts that the company bought her a new Lexus.
Hires and promotions at Lehigh Valley businesses
The Morning Call – November 7, 2014
Louis E. Costanzo, MBA ’14, was appointed president at L.R. Costanzo Construction Services Co. Costanzo previously served as the vice president in the company. A fourth-generation Costanzo, he is the vice chairman of Lackawanna County Redevelopment Authority and a board member of Lackawanna Industrial Fund Enterprise. Costanzo previously served on the board for Scranton Lackawanna Industrial Building Co., United Way of Lackawanna County and the Lackawanna County Work Force Investment board.
PE-backed Patch Products buys Onaroo
Reuters PE Hub – Nov. 3, 2014
Adam Hocherman ’97, MBA ’06, founder and president of American Innovative, sold his company’s Onaroo line of night lights and alarm clocks for children to Patch Products, a portfolio company of Topspin Partners. ‘“Teaming with Patch brings the Onaroo line greater consumer reach through diverse retail channels and access to a world-class team at a company that’s been in the juvenile industry for over forty years. I couldn’t be more pleased with Onaroo’s new home and look forward to working with Patch,’” Hocherman says in the article.
Finding and using unique datasets by hedge funds
Hedgeweek – Nov. 3, 2014
In this article, author Gene Ekster, MBA ’08, reviews datasets known as “alternative data” in financial circles that are becoming more commonplace in the research arsenals of institutional funds. He explains how alternative data can bring about data sourcing, evaluation of news datasets, compliance, and a new set of trading strategies. Ekster is director of data product development at 1010Data, where he and his team use raw alternative data to create research products for the investment industry.
National American University Holdings, Inc. announces appointment of James A. Rowan to board of directors
World News Report – October 17, 2014
James A. Rowan, MBA ’72, was appointed to the board of directors of National American University Holdings, which operates National American University, a regionally accredited, proprietary, multi-campus institution of higher learning. Rowan currently serves as senior advisor and education group head at Stifel, Nicolaus & Company, a full-service investment banking firm recognized as a leader within the education sector. "We are pleased to have Jim join the Company's Board of Directors,” said Ronald Shape, CEO of NAU. “We believe his extensive experience in finance and investment banking, particularly as they relate to the education space, will prove valuable to our company. We look forward to working closely with Jim and benefiting from his counsel as NAU continues to grow in the years ahead.”
Anchin, Block & Anchin LLP Admits Yair Holtzman to Partnership
PR Newswire – Oct. 9, 2014
Yair Holtzman, MBA ’01, CPA, became partner at Anchin Block & Anchin, LLP, based in New York City, as of Oct. 1, 2014. Holtzman is a member of the firm's tax credits and incentives group and is the practice leader of the R&D tax credits group. He has more than 20 years of experience with national public accounting and management consulting firms focusing on federal tax consulting issues and assisting senior executives with strategy development and implementation. Anchin Block & Anchin is a full service tax, accounting, and advisory services firm that specializes in servicing the tri-state area.
Ridgewood Private Equity Partners Appoints Michael Albrecht as Managing Director
Yahoo Finance – October 9, 2014
Michael Albrecht, MBA '05, was appointed managing director of Ridgewood Private Equity Partners (RPEP), an investment firm focused on energy-centric real asset private equity strategies. Prior to his new role, Albrecht served as acting global head of infrastructure and real assets in Allstate Investments. "We are very pleased to be welcoming Michael to the RPEP team," said Ross Posner, senior managing director of RPEP, who also hired Albrecht back at Allstate.
Travelport Announces the Appointment of Three Additional Non-Executive Directors to its Board
Yahoo Finance – Oct. 1, 2014
Travelport announced the appointment of Michael Durham, MBA ’77, to its board of directors along with Elizabeth Buse and Douglas Hacker. Durham is a former president and CEO of Sabre Group Holdings and us currently a member of the board of directors of Hertz Global Holdings. “We are delighted to welcome Elizabeth, Mike and Doug to our board, each of whom are seasoned business executives who will bring significant expertise in travel, technology and payments to Travelport's brand,” said Douglas Steenland, chairman of the board of directors.
Still Going Strong
New Straits Times – September 17, 2014
Rhoda Yap, MBA '08, speaks about the clothing brand BritishIndia that she now heads. Yap returned to Malaysia a few years ago to take the reigns from Pat Liew, founder of the company. Prior to this, Yap worked with McKinsey & Company in the United States.
Core Services Announces Addition of Key Senior Executive
IT Briefing.net – September 19, 2014
James R. Marlow, MBA '73, was appointed president of Core Services and will be a part of the company’s senior management team. Marlow comes with over 30 years of experience as a management consultant including positions of CEO, COO, and CFO with manufacturing, high tech, and investment companies. "Core Services is extremely pleased to welcome to our team a professional as accomplished as James who brings with him a wealth of knowledge, breadth, and depth of skills to this pivotal position," says Jim Bistis, CEO of Core Services.
Exploring the newly opened Mexican energy business
The Deal Pipeline – Sept. 12, 2014
Daniel Chavez, MBA ’12, a partner at McDermott Will & Emery LLP in Houston, is interviewed by The Deal's Claire Poole for this article and Q&A about private equity investing in Latin America. “The regulatory environment for private equity funds and investors in the major Latin American markets continues to improve, and population growth and increasing urbanization driving demand for oil and gas, power and infrastructure, creates ‘significant investment opportunities for private equity investors,” he says in the article, which continues: "He expects a pickup in activity particularly in Mexico, which is opening up its oil and gas sector to private investment.”
NOVADAQ Announces Appointment of Robert S. White to Its Board of Directors [Global Data Point]
Technology News – Sept. 3, 2014
NOVADAQ appointed Robert S. White, MBA '89, to its board of directors. “Mr. White is a medical technology industry veteran with over 25 years of high-level experience gained through numerous leadership positions with Medtronic, Instromedix-LifeWatch, ALARIS Medical Systems, Eli Lilly and General Electric,” notes the article. Dr. Arun Menawat, NOVADAQ President and CEO, is quoted as saying: "Bob has an accomplished history of sales and marketing, operations, business development and general management success within the medical device industry, and I believe his expertise and guidance will be of great benefit to NOVADAQ and our shareholders during this important time of growth for our company.
Dropbox's Olga Narvskaia: Operations manager. Global innovator. Focused learner.
Tech Republic – August 11, 2014
Olga Narvskaia, MBA '06, head of online revenue operations at Dropbox, talked to TechRepublic about her life in Russia, working for a company that's changing the world, and the power of focus. "It's very important to do whatever you're doing with as much excellence as you can muster," she said. "I always try to take whatever it is I'm doing to the next level and really apply myself fully to that problem or issue at hand."
Reinsurance Group Hires Tim Matson as Investment Chief
Bloomberg BusinessWeek – August 7, 2014
Tim Matson, MBA ’87, was named new chief investment officer at Reinsurance Group of America Inc., where he will oversee a $35 billion portfolio. Matson has previously served as an executive at Aetna Inc. and at ING Group NV.
Hercules Expands its Energy & Renewable Technology (CleanTech) Team and Capabilities with Addition of Three Seasoned Investment Professionals
Business Wire – August 6, 2014
Brian Sapp, MBA ’98, has joined Hercules Technology Growth Capital as a managing director and will be responsible for the origination and execution of loans to venture capital-backed companies in the growing energy technology sector across all stages of growth. Hercules is a leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology industries. “Sapp has more than 16 years of experience in finance working with venture capital, start-ups and public companies as an investment banker, and has been focused on the energy technology space since 2004,” notes the article. “Prior to joining Hercules, Sapp was a director in Robert W. Baird & Co.'s investment banking group where he originated and executed private and public equity and debt capital raises and advised on M&A transactions in the energy technology space.”
Chatterbox Wine Marketing Services Hires Ron Scharman as Chief Operating Officer
NewsWest 9 – August 6, 2014
Ron Scharman, MBA '83, has been named the new chief operating officer of Chatterbox Wine Marketing in Napa, Calif. Scharman is an instructor in Wine eCommerce and Consumer Direct Marketing at Sonoma State University’s Wine Business Institute. He was formerly president of eWinery Solutions, one of the pioneering companies in developing ecommerce and POS software applications for the wine industry.
Syngenta : appoints Ponsi Trivisvavet as region director in North America and president, Syngenta Seeds
4-Traders – August 4, 2014
Ponsi Trivisvavet, MBA '99, has been appointed a region director for North America and president of Syngenta Seeds, Inc. Trivisvavet joined Syngenta in 2008 to lead the seeds strategy team. Previously she held positions with McKinsey & Company in the U.S., Europe, Middle East, South Africa, and Asia. “Syngenta is the leader in crop protection with a strong pipeline of new products. In seeds, we have a trait package that is second to none along with the genetics growers need for improved crop productivity," said Trivisvavet. "Our focus will remain on delivering what our customers need."
WISErg Expands Executive Team With CFO to Support Rapid Growth
EIN Presswire / Marketwired - August 4, 2014 Jonathan Alford, MBA '00, was named chief financial officer of WISErg Corporation (Redmond, Washington), a bio-clean technology company that converts food scraps into organic fertilizer for sale to farmers and consumers. Alford, a Park Fellow at Johnson, “brings deep experience helping companies identify business opportunities that blend the convergence of emerging market, technology and customer trends with core finance and capital investment principles,” says the press release. “Most recently, he served as a strategic consultant focused on developing competitive strategies and financial structures for thriving technology companies.”
Owens & Minor: Implements Management Succession Plan
4-Traders – July 28, 2014
James Bierman, MBA '76, was appointed president and CEO of Owens & Minor, a Fortune 500 healthcare logistics company. Bierman currently serves as the president and COO. “Jim Bierman is a talented executive with the experience and skill set to lead Owens & Minor. He has a deep understanding of the company and its business, having spearheaded our response to the changing healthcare landscape and directed the investments necessary to drive long-term growth and value creation. We look forward to his leadership in continuing these efforts as our next CEO,” said Anne Marie Whittemore, lead independent director.
Cathy Dove named president of Paul Smith’s College
Cornell Chronicle – July 28, 2014
Cathy Dove, MBA ’84, has been named the 10th president of Paul Smith’s College in the Adirondacks. Dove moves on from being a vice president of Cornell Tech since 2012. Dove had been responsible for all administrative, operational, outreach, capital planning and construction functions for the campus currently under construction on Roosevelt Island and at its temporary location in Manhattan. “In Cathy, Paul Smith’s College has found an exceptional leader,” Cornell President David J. Skorton said. “Her talents are a perfect fit for Paul Smith’s, whose mission combines experiential and traditional learning with a vibrant entrepreneurial spirit. I wish her and her new campus community continued success.” Dove has been an administrator at Cornell since 1989. “Having been a part of this great institution for many years, I am thankful for the opportunities Cornell has given me. I will be forever grateful and proud to have contributed to the vision that has brought Cornell Tech to life,” said Dove.