Timothy C. Barabe, ’77, was appointed to the board of directors for the biotechnology company Opexa Therapeutics, Inc., based in The Woodlands, Texas. He retired in 2013 as CFO of Santa Clara, California-based Affymetrix, Inc.
Frank T. Connor, ’86, was appointed to the board of directors for New York–based investment management firm Cohen & Steers, Inc. Connor is executive vice president and CFO of Textron Inc., the Providence, Rhode Island–based parent company of Bell Helicopter and Cessna Aircraft.
David H. Cynn, ’98, joined the board of directors for IOU Financial Inc., a Montreal-based company that gives loans to small businesses through its US subsidiary, IOU Central. Cynn is a partner at Killearn Capital, a New York private equity firm.
Sorrento Therapeutics Inc., a San Diego–based biopharmaceutical company that develops cancer treatments, appointed Mark W. Durand, ’86, to its board of directors. Durand is an independent consultant for pharmaceutical firms.
Joel M. Maryles, ’84, was appointed as an independent director to the board of directors for Radware, a Tel Aviv, Israel-based Internet security company.
Tamara Polewik, ’00, was appointed to the board of directors for Houston-based Ignite Restaurant Group, Inc., which owns and operates about 350 restaurants in the U.S., including Joe’s Crab Shack and Romano’s Macaroni Grill. She is a managing director at J.H. Whitney, a Connecticut-based private equity firm.
Nicholas A. Warren, ’03, joined the board of directors of the Nellie Mae Education Foundation, a Quincy, Massachusetts-based charity focused on education. Warren is chief investment officer at Brandeis University in Waltham, Massachusetts.
David R. Adler, ’89, joined Los Angeles–based commercial real estate firm CBRE Group, Inc. as executive vice president of global corporate development and strategy. He was most recently managing director in the Financial Institutions Investment Banking Group at Bank of America Merrill Lynch.
Newport Beach, California-based investment management firm Pacific Investment Management Co. LLC, hired Harley S. Bassman, ’83, as an executive vice president and portfolio manager. Bassman was most recently a managing director at Credit Suisse in the investment banking division, based in New York.
Andy Chen, ’05, and Larry Seruma, ’96, both of the Princeton, New Jersey–based asset management firm Nile Capital Management LLC, won the 2014 Lipper Award for best emerging market fund for their management of the Nile Pan Africa Fund. The fund, launched in 2010 to invest in opportunities in Africa, had the best three-year performance out of 335 emerging market funds. Seruma, chief investment officer at Nile, also will manage the newly launched Nile Global Frontier Fund. The fund will target frontier markets in Central and Eastern Europe, the Middle East, Asia, Central and South America and Africa.
Wai-Keung Cheng, ’73, was one of six undergraduate alumni of Indiana University’s Kelley School of Business to be honored for professional achievement at an awards gala in March. Cheng, who earned a bachelor of science from the Kelley School in 1971, is chairman and managing director of Wing Tai Holdings Ltd., an investment holding company in Singapore.
Richard A. Friedman, ’81, head of New York–based Goldman Sachs Group Inc.’s merchant banking division, told CNBC that he thinks it’s a good time to invest in mid-sized companies, even as some of his peers are more focused on selling, according to a March Bloomberg article. “We have continued improvement in the economy, we have very low interest rates and access to capital, and also, for the first time, I’d say, in years, our CEOs can actually put business plans together with more confidence,” he said. The merchant banking division makes investments in private equity and real estate.
Jeffrey Heisler, ’86, was hired by Boston-based TwinFocus Capital Partners LLC, an investment advisory firm, as director of investment strategy. Heisler was formerly market strategist at The Colony Group, a Boston-based wealth management firm.
Harry F. Hixson, ’78, announced he will retire as CEO of Sequenom, Inc., effective as of the company’s annual meeting on June 10. The company, headquartered in San Diego, develops technology, products, and diagnostic tests for clinical research and medical testing. Hixson, who has served as CEO since September 2009, will continue to serve as chairman of the board of directors following his re-election at the annual meeting.
In a March article in Asian Venture Capital Journal, Richard Hsu, ’99, managing director at Intel Capital, talked about getting his start in China as a Chicago Booth student on a placement program with Enron Corp. “My classmates were in New York working on spreadsheets until 4 a.m. I was running around talking to people, getting on-the-ground experience,” Hsu said. Hsu, who was born in Taiwan and moved to the U.S. at age six, has spent much of the last 14 years working in China, according to the article. Intel Capital is the global investment and M&A organization for Santa Clara, California-based Intel Corp.
Thomas G. Katsahnias, ’60, was inducted into the Northwest Indiana Business and Industry Hall of Fame, sponsored by The Times Media Co. Katsahnias served as chief operating officer and general manager of East Chicago, Indiana’s, Inland Steel Co. when it was the largest steel mill in the country, according to The Times of Northwest Indiana.
PURE Bioscience CEO Hank Lambert, ’75, told FoodEngineering that his company has patented a new sanitizer to eliminate germs on food preparation and processing surfaces. The company is also working on a novel product that can be used as a rinse directly on produce, poultry, or meat, he said. PURE Bioscience is a manufacturer of antimicrobial products based in El Cajon, California.
Bloomberg called Andre Mastrobuono, ’96, a “turnaround expert” after he was hired by the Washington, DC-based private equity firm The Carlyle Group LP to run Urbplan Desenvolvimento Urbano SA, a Brazilian real estate developer. Mastrobuono has previously taken the helm at Parmalat Brasil SA and San Antonio Internacional, according to the article.
Joseph Neubauer, ’65, chairman and former CEO of Philadelphia-based Aramark Corp., was tapped to be co-chair of the board of trustees for the Eighth World Meeting of Families, an international, Vatican-sponsored gathering scheduled for September 2015 in Philadelphia. Neubauer and his wife, Jeannette Lerman-Neubauer, traveled to Rome in March to meet Pope Francis and to talk about preparations for the event, according to an article in the Philadelphia Inquirer.
Scott P. Noyes, ’80, advised a room of investors in Ridgewood, New Jersey, to invest in “big, boring stocks,” rather than overvalued small cap stocks, according to an article posted to NewJerseyNewsroom.com. Noyes is president of New Vernon, New Jersey–based Noyes Capital Management LLC, a wealth management firm.
John J. Pitrus, ’91, product-marketing manager at Norwood, Massachusetts-based Analog Devices Inc., penned an article for Electronic Design about emerging technology to combat electricity theft. New smart meters are immune to magnet tampering—a common form of theft—and electric companies that use them will see a reduction in theft, he wrote. His company, Analog Devices, focuses on “signal processing” devices, which convert temperature, pressure, sound, light, speed, and motion into electrical signals.
Theresa A. Pope, ’96, was named director of consultant relations at Highland Capital Management LP, a Dallas-based investment management firm. Pope, who will be based in New York, most recently worked at Kansas City, Missouri-based American Century Investments as vice president in the Institutional Consultants Relations and Client Sales divisions.
The Washington, DC-based National Business Officers Association awarded Charles “Chuck” Procknow, ’80, the Sarah P. Daignault Outstanding Support of Independent School Award, which recognizes individuals who have consistently shown generous support of independent schools and their business officers. Procknow is executive vice president at Chicago-based investment banking firm George K. Baum & Co. in its education and nonprofit finance group.
Larry Rockoff, ’87, authored the book, Microsoft Excel 2013 for the Business Analyst, published by Cengage Learning in October 2013.
John Skjervem, ’91, chief investment officer for the state of Oregon, was profiled in Salem, Oregon-based newspaper the Statesman Journal. Skjervem manages Oregon’s $88 billion investment portfolio, the vast majority of which is pension funds. Skjervem previously was chief investment officer at Chicago-based Northern Trust Corp.
The latest technology for sending a text above 10,000 feet was on display by Itasca, Illinois-based Gogo Inc. at South by Southwest in Austin, Texas, in March, according to a Wall Street Journal article. Michael Small, ’81, is the president and CEO of the in-flight Internet service provider.
Dylan Taylor, ’97, was named to the 2014 class of Henry Crown Fellows at the Aspen Institute, a Washington, DC-based educational and policy studies institute. The Henry Crown Fellowship is a two-year program with a goal of developing community-minded leaders.
Loretta Zolkowski, ’78, was appointed the first executive director of the Human Services Leadership Council of Central New York, a membership organization of CEOs of human service agencies in the region.
Jonathan Weiss, MBA ’00, MD ’01, founded Chicago-based HealthEngine, a start-up designed to address out-of-control health-care spending. Three other Booth alumni are also on the team: Jack Stockert, AB ’05, MBA ’10, MD ’10, senior vice president, strategy and operations; David Song ’09 (XP-78), chief medical officer; and Ramon Tisaire, AM ’90, MBA ’91, senior manager, projects.
Chicago-based Black Bison Water Services LLC, which disposes wastewater produced by oil and gas wells, announced in March that it was acquiring a well for salt-water disposal in Wyoming’s Powder River Basin. Matt Kruger, ’12 (XP-81), is managing partner of business operations and Joe Solari, ’12 (XP-81), is managing partner of disposal strategy and technology.
Eric Olson, ’11, was one of the judges for Tech Cocktail’s pitch jam at South by Southwest in Austin, Texas, in which 20 startups from around the country had 60 seconds to pitch a panel on why their company was on the verge of breaking out. Olson is an associate at Northbrook, Illinois-based venture capital firm Origin Ventures LLC.
BenchPrep, a mobile education software company based in Chicago, was chosen by the Illinois Department of Commerce and Economic Opportunity to participate in the Mobile World Congress in Barcelona, Spain, in March. Ashish Rangnekar, ’11, CEO, said the event—the world’s largest exhibition for the mobile industry—helped his company establish valuable international connections, according to a news release.
Marc Rosenstock, ’05, global director of digital measurement and analytics at Irving, Texas-based Kimberly-Clark Corp., joined the panel of judges for the I-COM Data Creativity Awards, a contest for creativity in data-driven marketing. The I-COM is an international forum for exploring data and measurement issues facing the digital-marketing industry.
Nelson Santhosh, '09, was appointed vice president, product strategy, at Com Hem AB, based in Stockholm, Sweden. Santhosh will lead strategy and initiatives across the product and services portfolio for the telecommunications provider.
Francois Soubien, ’06 (EXP-11), was elected partner and joined McKinsey & Co., a New York–based management consulting firm, as a principal in the Paris office.
Quotient, a Midlothian, UK-based company that provides blood transfusion diagnostics, filed in March with federal regulators to raise up to $75 million in its initial public offering. Stephen Unger, ’11 (XP-80), is CFO.
Nadim Vasanji, ’11, joined Toronto-based Northleaf Capital Partners, a private equity and infrastructure manager and adviser, as vice president on the global private equity team in the Menlo Park, California, office. He was previously at McKinsey & Co. in Chicago.
MetLife Stadium in East Rutherford, New Jersey, home of the New York Jets and Giants, was ranked the top-grossing stadium in the world by Billboard magazine for 2013. Anne Wheat, ’11, is director of guest services.