Alumni Connections - No. 2 - September 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

Alumni on the Move

Aastrom Biosciences: James Cour, ’86, has been appointed president and chief operating officer, a newly created position. Aastrom is developing proprietary stem cell–based products for the regenerative repair of damaged human tissues and other medical disorders.

American Electric Power: Andrew Patterson, ’84, has been named senior vice president, corporate development. Based in Columbus, Ohio, AEP is the nation’s largest electricity generator and one of the largest electric utilities in the United States.

Ariel Capital Management LLC: Charles Bobrinskoy, ’83, has been appointed vice chairman, a newly created executive position, at the Chicago asset management boutique.

Arrow Electronics: Gregory Tarpinian, AB ’84, MBA ’85, has been named vice president, legal affairs. The Melville, New York–based company is a major global provider of products, services, and solutions to industrial and commercial users of electronic components and computer products.

Banc of America Securities LLC: David B. Platt, ’92, has been hired as a principal in the corporate sale and divestiture (CSD) group.

Banta Corporation: Kimberly Williams, ’92, has been appointed president of the publications group. Banta is a technology and market leader in printing and supply-chain management.

BPRI: John P. Rogers, ’89, has been named director for U.S. operations and head of the Chicago office for United Kingdom–based BPRI. BPRI is part of Kantar Group, the research and consultancy division of WPP Group plc.

Brown Brothers Harriman & Co.: Edward X. Tune, ’99, has been named head of the firm’s Chicago office. Founded in 1818, BBH is the largest and oldest privately owned bank in the United States.

Chicago Yacht Brokers: Jeffrey Pierce, ’72, has joined the firm to cover the Chicago harbor system.

Chicago Mercantile Exchange: Arman Falsafi, ’97, has been appointed managing director, Europe and Asia. CME is the largest U.S. futures exchange.

CNS, Inc.: Sam Reinkensmeyer, ’88, has recently joined the Minneapolis, Minnesota–based firm as vice president of finance and chief financial officer.

Deloitte & Touche LLP: Jack A. Leventhal, ’91, has been named national corporate finance leader of the financial services industry practice.

Emergency Nurses Association: David A. Westman, ’89, has been appointed executive director. Based in Des Plaines, Illinois, the ENA has more than 24,000 members.

Financial Advisory Service, Inc.: Douglas G. Ciocca, ’98, has been named portfolio manager of the Weldon Equity & Income Fund, a proprietary mutual fund that represents the first public offering from FAS. The fund invests in a combination of equity, convertible, and fixed-income securities.

Fulcrum Pharmaceuticals: Douglas L. Gessl, ’90, has been named vice president of finance. A privately held drug design and development company, Fulcrum is based in Las Vegas.

GATX: Gail L. Duddy, ’85, has been named senior vice president. GATX, based in Chicago, is a specialized finance and leasing company that specializes in railcar, locomotive, and aircraft operating leasing.

GB Asset Advisors, LLC: Michael Rosenheck, ’80, has joined the firm as director of business development. GBAA is the appraisal division of Gordon Brothers Group, LLC.

GE Commercial Finance: Penny G. Friedman, ’95, senior vice president, has been named to lead the firm’s origination efforts for the central region. Friedman is based in Chicago.

Goshen Coach: John Marshall, ’03, was appointed vice president of sales and marketing for the firm, a division of Veritrans Specialty Vehicles, Inc. A leading manufacturer of mid-size commercial buses, Goshen Coach is located in Elkhart, Indiana.

Home Properties: Thomas S. Summer, ’82, has been named to the board of directors. Summer is executive vice president and chief financial officer of Constellation Brands, a producer and marketer of alcoholic beverages. Home Properties, a real estate investment trust, is headquartered in Rochester, New York.

iMedica: Michael Nissenbaum, ’79, has been appointed CEO of this Mountainview, California–based company. iMedica’s flagship product, PhysicianSuite, is a wireless electronic medical record and coding solution that improves communication between doctors, health care staff, and insurance providers.

Integra LifeSciences Holdings Corporation: Stuart M. Essig, MBA ’87, PhD ’92, has renewed his employment agreement as president and CEO through the end of 2009. Integra develops, manufactures, and markets medical devices for applications including neurosurgery and plastic surgery. The firm is headquartered in Plainsboro, New Jersey.

Lexicon Genetics: Clayton S. Rose, AB ’80, MBA ’81, has been elected to the board of directors and will join the board’s audit committee. Lexicon is a biopharmaceutical company based in The Woodlands, Texas.

Nielsen Music Control: Eric Weinberg, ’96, has been named managing director, a newly created position overseeing operations, sales, and marketing. The firm, a radio airplay-monitoring business that operates extensively throughout Europe, is owned by Nielsen Entertainment, a division of VNU Media Measurement & Information.

Omnicare, Inc.: John T. Crotty, ’62, was appointed to the board of directors. Crotty is managing partner of CroBern Management Partnership LLP, a health care investment firm. Omnicare, a Fortune 500 company based in Covington, Kentucky, is a leading provider of pharmaceutical care for the elderly.

San Diego Software Industry Council: John Mutch, ’97 (IXP-2), was appointed to the board of directors. SDSIC is an organization dedicated to the growth of the region’s high-technology industry. Mutch is president and CEO of Peregrine Systems, which develops enterprise software to help customers manage their information technology., Inc.: John B. Hopkins, ’92, was appointed to the board of directors. Hopkins is vice president of finance for Zions Bancorporation. owns and operates a comprehensive online consumer insurance information service.

SBA Communications Corporation: Philip L. Hawkins, ’80, was appointed to the board of directors. Hawkins is president and chief operating officer of CarrAmerica Realty Corporation, a publicly traded real estate investment trust. SBA is a leading independent owner and operator of wireless communications infrastructure in the United States.

Syntroleum: Edward G. Roth, ’90, was named senior vice president of projects. Syntroleum owns a proprietary gas-to-liquids process for converting natural gas into synthetic liquid hydrocarbons. The company is based in Tulsa, Oklahoma.

Thomas Weisel Partners: Patrick O’Shaughnessy, ’92, has been named a partner in the industrial growth team in the firm’s New York office. TWP is a merchant bank focused on growth sectors of the economy.

Turner Investment Partners: James C. Bacon, ’04, has been named a security analyst/portfolio manager in the growth equity investing team at Turner Investment Partners, an investment management firm based in Berwyn, Pennsylvania.

United Systems Integrators Corporation: Lynne Herer Smith, ’86, was named vice president and director of consulting services for the west region and is based in the Seattle office. The firm is owned by USI, a leading corporate real estate alliance services firm.

U.S. Small Business Administration: Stephen Galvan, ’96, was named chief of staff.

Viant Group LLC: Michael Levitan, ’93, has joined the firm as vice president in its New York office. Viant Group is an investment bank and asset management firm.

Alumni to Know

Paul Farmer, ’82, is CFO at IPIX Corp., a company based in California and Tennessee, that was named by Homeland Security Secretary Tom Ridge as one of the businesses that could help make the country more secure. Interviewed in September by Bay Area paper Contra Costa Times, Farmer explained that IPIX’s imaging technology, long used on the Internet to let viewers see items on eBay or go on a 360-degree virtual tour of a home, has been transformed for digital cameras. Among the new products is the CommandView360, an outdoor product. The two cameras face back to back, allowing the device to capture the entire sphere, Farmer told the paper. IPIX’s technology won approval from the Secret Service for use at the G8 Summit at Sea Island, Georgia, last summer. “Our systems were used to monitor (the international dignitaries) when they arrived at the airport, when they went in and out of buildings for logistical purposes, and then also moving them around the island,” he told the Times.

Rob Karwath, ’02, (XP-71), is associate managing editor for the business section of the Chicago Tribune. He oversees a department of 63 journalists who produce the paper’s daily section as well as five weekly sections on real estate, the automotive industry, and personal finance. Karwath has served in a number of roles at the Tribune, including stints on the business side as general manager of suburban operations and as business development director. He came to the paper in 1985 after graduating from the University of Kansas. Karwath has been a reporter, political editor, and Sunday metro editor.

John Keeley, ’65, manager of the $155 million Keeley Small Cap Value Fund, was featured in a story on for “generating above-average returns by buying shares of U.S. companies that are emerging from bankruptcy or being restructured.” Although the fund was started to allow Keeley’s family and friends to invest even if they couldn’t afford the $1 million minimum for separate accounts, it now has over $1.1 billion in assets. His fund is up 8.5 percent this year, ranking it second among 146 small-cap funds that Bloomberg tracked, bested only by FBR Small Cap Value Fund.

Tim Michels, ’97 (XP-66), won the Wisconsin Republican U.S. Senate primary on Sept. 14. Michels, who co-owns Michels Corp., a construction company, defeated three challengers and will face incumbent Democrat Russ Feingold in November. Michels served for 12 years in the Army Rangers—experience that appealed to voters, according to Gail Chimenti, Republican Party chairman of Brown County, Wisconsin.

Dumas Siméus, ’72, was appointed by Florida governor Jeb Bush to the newly formed Haiti Advisory Group, established to identify critical short-term and long-term solutions to the key issues of Haiti’s reconstruction, including economic development, education, technology, and the environment. Siméus, chairman and CEO of Siméus Foods International in Texas, created the Siméus Foundation, a nonprofit organization that provides health care, food, clothing, clean water, and educational opportunites to the people of Pont-Sondé, Haiti, where he was born. More than 230,000 Haitians live in Florida, according to the U.S. Census Bureau, making the state home to the largest Haitian population in the country.

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