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2004

Alumni Connections - No. 4 - November 2004

Alumni Connections is a sampling of alumni news. Alumni on the Move, Alumni to Know, CEO Watch: Taking the Lead, and CEO Watch: Making Headlines share news gleaned from media online and in print, including news submitted to Chicago Booth Magazine. Submit information about yourself or fellow alumni to editor@chicagobooth.edu.

Alumni on the Move

Banc of America Securities LLC:
Stanley W. Holtz, ’92
, has joined the firm as managing director and head of wireless telecom in the media and telecom corporate and investment banking group. Holtz works in Banc of America’s Chicago office.

BMC:
Leonard E. Travis, ’94
, has been named chief accounting officer. The Houston-based firm makes computer software for managing large business networks.

Chrysler Group Marketing:
Julie Roehm, ’95
, was named 2004 Automotive Marketer of the Year by Brandweek. The magazine awards individuals who use a full array of marketing media including traditional advertising sponsorship, online advertising, creative promotions, major events, and public relations.

Deutsche Asset Management:
Steve Lynch, ’97
, has been appointed director and sector manager in the Specialty Fixed Income Group. He is responsible for asset-backed and commercial mortgage-backed investments, for providing market expertise for New York-based Scudder Fixed Income Mutual Funds, and for institutional mandates including those from corporate, pension, and insurance clients. Lynch is based in New York.

IPSCO Inc.:
Patricia Kampling, ’91
, has been named treasurer. She will be based in the firm’s office in Lisle in west suburban Chicago. The Toronto-based firm is a leading producer of electric furnace flat rolled steel as well as leading developer of high strength steel and pipe.

LeapFrog Enterprises:
Kathryn E. Olson, ’87
, has been named to the newly created position of chief marketing officer. Based in Emeryville, California, the firm develops and markets interactive educational software, curriculum programs, and related educational materials.

Novellus Systems, Inc.:
Matthew Grech, ’96
, has been named to the newly created position of vice president, investment and investor relations. The San José, California–based firm designs and manufactures semiconductor-manufacturing equipment.

Pacific Sunwear of California Inc.:
Seth Johnson, ’78
, will be named to the board of directors and appointed chief operating officer on November 1, and will be named CEO in April 2005. Based in Anaheim, California, the company is a specialty retailer of casual apparel, accessories, and footwear with 969 stores in 50 states and Puerto Rico.

Symmetricom:
John Yuzdepski, ’00
, was named chief marketing officer. Based in San José, California, the firm is a maker of precision timing devices including atomic clocks.

U.S. Bank:
Daniel H. Reisner, ’90
, has been named new market president. He will work in its new regional headquarters in Chicago’s historic Rookery Building. U.S. Bank’s parent company, U.S. Bancorp, is the sixth largest financial services holding company in the United States.

The UniMark Group, Inc.:
Joe McInerney, ’89
, was appointed to the board of directors. UniMark, based in Bartonville, Texas, is a producer and marketer of high quality branded fruit. McInerney is president and CEO of Cardinal Growth, a private equity investment group.


Alumni to Know

Cheryl Francis, ’78, received the 2004 Leader Luncheon Outstanding Achievement Award in community leadership from the YWCA of Metropolitan Chicago. Francis, cofounder of the Corporate Leadership Center in Chicago, helped start the Chicago United Way Women’s Initiative, where she was instrumental in increasing women’s voice, participation, and level of giving to United Way. She created the Women’s Leadership Forum at Chicago GSB in 2002, which focuses on helping executives achieve higher goals. Francis also cofounded the Corporate Leadership Center, a nonprofit group dedicated to fostering future leaders in the Midwestern business community. She has been a member of the Council on the Graduate School of Business since 1996 and currently serves on the board of directors for NHI Corporation, Hewitt Associates, and Morningstar as well as Cornell University.

Karen Katen, AB ’70, MBA ’74, was ranked tenth among Fortune’s “50 Most Powerful Women in Business.” Of Katen, executive vice president of Pfizer Inc and president of Pfizer Global Pharmaceuticals, the magazine said, “Viagra may be down to three-quarters of the U.S. market, but Katen still oversees nine billion-dollar blockbusters as well as $39.6 billion in sales last year. With drug makers under attack, Katen introduced a program to provide Pfizer medicines at a discount—and placate critics.” The winners were ranked on four criteria: “the size and importance of the woman’s business in the global marketplace; her clout inside her company; her career trajectory; and in certain cases her cultural and social impact.”

Walter Lakomy, ’81 (XP-47), was profiled in the Chicago Tribune’s “Getting Ahead” column on October 4. He is chief financial officer and executive vice president at CFC International, a coatings manufacturer in south suburban Chicago Heights. Early in his career, but his boss told Lakomy he needed an MBA to get ahead, and urged him to attend Chicago GSB’s Executive MBA Program. “For two years, I had one full day of classes, one week on Fridays, the next on Saturdays,” he told the Tribune. He rose through the ranks at Bee Chemical in Chicago Heights to become controller, but when the owner decided to sell the firm in 1986, Lakomy—and Bee’s company president—left to join CFC. “Don’t be afraid to make a decision,” he said. “If you’re wrong, learn from your mistake.”


Submit information about yourself or fellow alumni to editor@chicagobooth.edu.