Alumni Connections - No. 9 - April 2005

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

Avery Dennison Corporation:
Dean A. Scarborough, '79
, has been named president and CEO, effective May 1. Based in Pasadena, California, the Fortune 500 company is a global leader in pressure-sensitive labels, office products, and retail tag, ticketing, and branding systems.

Brookfield Zoo:
Kenneth Kaduk, '77
, has been appointed senior vice president of finance and administration. Based in west suburban Brookfield, Illinois, the zoo has been known for its wildlife species and exhibits since it opened in 1934.

FormFactor, Inc.:
Ronald C. Foster, '75
, has been named CFO. Headquartered in Livermore, California, the firm is an industry leader in the design, development, manufacture, sale, and support of precision, high-performance advanced semiconductor wafer probe cards.

Greenhill & Co.:
Kenneth Crews, '74
, has joined the New York-based firm as a managing director. Crews is based in Dallas, and with his arrival at Greenhill, the company is opening a Dallas office focused on the energy sector and other companies in that region. Greenhill is an independent investment bank that provides financial advisory and merchant banking fund management services around the world.

Harris Nesbitt:
David Haas, '94
, has joined the firm as managing director and head of its consumer and leisure group. Based in New York, Harris Nesbitt is the U.S. investment and corporate banking arm of BMO Financial Group.

Heritage Valley Health System:
Joe Becherer, '72
, was named secretary of the board of directors. The company provides comprehensive health care for residents of Allegheny, Beaver, Butler, and Lawrence counties in Pennsylvania; in eastern Ohio; and in the panhandle of West Virginia. Becherer has been a board member since 2002.

HomeAmerican Mortgage Corporation:
Chad Yetka, '97
, was promoted to president. He joined the Denver-based company in 2003, serving as director and senior vice president of operations and most recently as interim president. The firm is a subsidiary of MDC Holdings, Inc., whose subsidiaries build houses under the name "Richmond American Homes."

Morgan Joseph & Co., Inc.:
Michael Bruder, '95
, was appointed a managing director in the firm's restructuring group. Based in New York, Morgan Joseph is a full-service investment bank serving middle-market companies.

Notify Technology Corporation:
David F. Kvederis, '76
, has been named to the board of directors. Based in San Jose, California, the firm is a communications company offering wireless and wireline products and services. Kvederis is the founder of BankServe, a San Francisco-based company that offers outsourced federal wire transfer processing to financial institutions. Since 1996, Kvederis has served as president and CEO.

Pennichuck Corporation:
Bill Patterson, '78
, has been named chief financial officer and vice president. Based in Merrimack, New Hampshire, the firm is a publicly traded water utility.

Kerry G. Hopkin, '78
, has been named chief financial officer. Based in Marlborough, Massachusetts, the company develops Web-based collaboration software used by engineers to share data generated by computer-assisted design (CAD) applications.

ProHealth Care:
Dirk Debbink, '90 (XP-59)
, has joined the company's board of directors. Debbink is president of MSI General Corp., a regional design and construction company based in Oconomowoc, Wisconsin. ProHealth Care, based in Waukesha, Wisconsin, provides health care services to the Waukesha area through a network of hospitals, clinics, assisted living facilities, and hospices.

Schering-Plough Corporation:
Winston K. C. Lam, '01 (XP-70)
, has been appointed vice president and associate general counsel, business development and strategic alliances, a newly created position. The firm, based in Kenilworth, New Jersey, is a global science-based company that produces leading prescription, consumer, and animal health products.

Trustmark Companies:
Frederick L. Blackmon, '76
, was named to the board of directors of the firm. Based in Lake Forest, Illinois, Trustmark is a health and life insurance benefits administrator. Blackmon is retired executive vice president and chief financial officer of Zurich Kemper Life Insurance.

Wachovia Securities:
Rick Carr, '80
, was named managing director and executive search consultant for the Corporate and Investment Bank (CIB). Based in Charlotte, North Carolina, Wachovia is one of the largest providers of financial services to retail, brokerage, and corporate customers.

Alumni to Know

Mustafa Mohatarem, MBA '79, PhD '82, chief economist for General Motors, was featured in a story by the Delaware News Journal in March. The keynote speaker at an annual meeting of World Trade Center Delaware (WTC Delaware), he said autoworkers in Delaware "have plenty to gain from a cheaper dollar." Plans by General Motors to manufacture a two-door Opel roadster in Delaware would be hampered by a strong dollar, Mohatarem told members of the international trade organization. The Journal noted, "Governors in states where GM does business, he said, can help the car company in Washington by telling the U.S. Treasury secretary to pressure Asian governments to allow their currencies to rise in value compared to the dollar."

Douglas Ooi, 04 (AXP-3), was profiled in the Straits Times in February after he became managing director and a key shareholder of the private equity firm, Vickers Financial Group, which the paper called "a recent player in the venture capital field, founded by well-known venture capitalist and banker Finian Tan in late 2002." Ooi was managing director of Kim Eng Securities, a company founded by his mother, Gloria Lee. Ooi helped take the firm public in 1990, "and age 33 was the youngest deputy chairman of the former Stock Exchange of Singapore," the Times said. He retired in 1998 and enrolled at the GSB's Singapore campus, and experience that gave him "a new lease on life," the paper said. He also found time during that six-year break to become an amateur golf champion.

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