Alumni on the Move
Alcoa
Julia Steyn, '02, has been named vice president and comanaging director of the business development group. Headquartered in New York, the company produces primary and fabricated aluminum.
 America's Growth Capital
John Siegler, '82, has joined as partner. Headquartered in Boston, Massachusetts, the investment bank is focused on emerging growth.
Aon Corporation
John Bourke, '98 (XP-67), has been promoted to associate general counsel from assistant general counsel. An insurance and management consulting firm, Aon is headquartered in Chicago.
Dreyfus High Yield Strategies Fund
Dean Graves, '95, has been appointed portfolio manager. The investment company is based in New York.
Minerals Technologies Inc.
J. Michael "Mike" Harley, '99, has joined as vice president, corporate development and treasury. Headquartered in New York, the company develops and produces specialty mineral-based and synthetic mineral products.
 North Carolina Department of Transportation
Mike Gentry, '96 (XP-65), has joined as director of marketing for the North Carolina Turnpike Authority based in Raleigh. He will be launching the state's first tollway system in December 2011 under the brand name NC Quick Pass. It will be the only toll agency in the nation to open with an all-electronic collection system.
 Park Sterling Bank
Nancy Foster, '88, has been named chief risk officer. The bank is headquartered in Charlotte, North Carolina.
St. James Ethics Centre
Sarah Richardson, '87, has been appointed head of marketing and communications. Based in Sydney, Australia, the nonprofit organization offers consulting, counseling, leadership development, and training. The part-time position will enable Richardson to continue her consultancy work with her firm, Sarah Richardson Consulting Pty Ltd., which has relocated to Sydney from Perth, Australia.
Shumway Capital Partners LLC
Tom Wilcox, '00, has been promoted to chief investment officer from equities head. The hedge fund is based in Greenwich, Connecticut.
SinoMedia Holding Limited
Tang Xiaoming, '05, has been appointed chief investment officer. Based in Hong Kong, China, the firm offers nationwide television advertising coverage for clients.
 Six Flags Entertainment Corp.
Lance Balk, '84, has been named executive vice president and general counsel. Headquartered in Lake George, New York, the company operates 19 theme parks.
 U.S. Air Force Academy
Adis Maria Vila, '97, has been named chief diversity officer. The military organization and university is based in U.S. Air Force Academy, Colorado.
World Bank
Takuya Kamata, '88 has been named country manager to Uzbekistan. Headquartered in Washington DC, the World Bank is owned by 186 member countries and made up of two development institutions: the International Bank for Reconstruction and Development and the International Development Association.
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Rather than targeting cities as first-tier or second-tier when looking to expand in China, businesses should target the first-tier consumer, said Francis Bassolino, '02 in an article he cowrote in the November-December issue of China Business Review.com. Such a consumer is defined more by spending behavior, income, and lifestyle than by home geography, the article said. "First-tier consumers in China's second-tier cities offer some of the most attractive growth opportunities," the article said. For example, rapid growth over the next ten years is expected in the second-tier city of Suzhou, Jiangsu, resulting in a rising number of millionaires.
