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.”