Chicago business executives Norman Bobins, Michael Polsky and Immanuel Thangaraj have been selected to receive 2003 distinguished alumni awards from the University of Chicago Graduate School of Business. A fourth recipient of the award is Dumas Simeus from Mansfield, Tex.
Bobins is chairman, president and chief executive of LaSalle Bank Corp. Polsky is founder, president and chief executive of Invenergy, a company that develops and acquires electric power and transmission assets. Thangaraj is a managing director of Essex Woodlands Health Ventures, a venture capital firm that invests in healthcare. Simeus is chairman and chief executive of Simeus Foods International.
They will receive their awards during the school's annual alumni celebration dinner October 3 at the Hotel Inter-Continental, Chicago.
Bobins was chosen as the 2003 distinguished corporate alumnus for his professional achievements in the management of an organization, according to Edward A. Snyder, dean. "The award is in recognition of a series of outstanding accomplishments rather than just one noteworthy achievement," Snyder said. Bobins received his MBA from Chicago GSB in 1967.
Polsky, a 1987 graduate of the school, was named distinguished entrepreneurial alumnus for his long track record of starting and running successful ventures in the energy sector, including SkyGen Energy, Indeck Energy Services, and Invenergy.
Thangaraj will receive the first young alumnus achievement award. He began his career in the venture capital industry while still a student at Chicago GSB. He received his MBA in 1993. Since Thangaraj joined Essex Woodlands, the firm has consistently ranked among the top venture capital firms in its sector.
Dumas Simeus, chairman and chief executive of Simeus Foods International, Mansfield, Tex., was named distinguished alumnus of the year in the category of public sector or public service. A 1972 graduate of Chicago GSB, Simeus established the Simeus Foundation, a non-profit organization that provides healthcare, food, clothing and education to communities in Haiti.
The award winners were selected by a group of the school's alumni that voted during a videoconference in Chicago, London, New York and Los Angeles. Nominations were sought from 36,000 alumni.
Previous winners of the distinguished alumni awards include Joseph Neubauer, chairman and chief executive of ARAMARK; Philip Purcell, president and chief executive of Morgan Stanley; James Kilts, chairman and chief executive of The Gillette Company; and Karen Katen, president of Pfizer U.S. Pharmaceuticals Group.
The University of Chicago Graduate School of Business is one of the oldest and largest business schools in the world. It offers full-time and part-time MBA programs, a PhD program, and open enrollment executive education.