Michael Alter is a Clinical Professor of Entrepreneurship. Alter was the Executive Chairman (and former Interim CEO) of Vanco, the largest provider of electronic payment solutions to the faith-based and education communities. Previously, he was the Chief Executive Officer of The Tie Bar, LLC - the #1 e-commerce destination for stylish men's accessories. Prior to The Tie Bar, Michael was a co-founder and CEO of SurePayroll, a SaaS technology company that is now a wholly owned subsidiary of Paychex®. Alter co-founded SurePayroll in 2000 after six years as a Consultant with McKinsey and Company. Prior to receiving his MBA from the Harvard Business School, Alter worked in various sales positions at IBM. He holds a bachelor's degree in economics from Northwestern University.
Alter is an active board and advisory board member for leading industry and entrepreneurial organizations including: Vanco – the leading payments provider to the faith-based and education communities, MAX Digital/FirstLook — the SaaS leader in Mobile Showroom and Digital Performance Management for Auto Dealers, First Stop Health – a leading telemedicine services company, Big Time Software – a leader provider of Professional Services Management SaaS to engineering, accounting and other small and medium size professional services firms, Quevos – maker of the award-winning low carb/high protein chips made from egg white, and, previously, Nambe, LLC — a leading design and lifestyle brand known for their award-winning tabletop giftware. Alter is a member of the JDRF International Board of Directors, a member of YPO Gold, and a former officer of the Chicago Chapter of the Young Presidents' Organization.
A past recipient of the Illinois Technology Association CityLIGHTS CEO of the Year Award, Alter has been a nationally recognized spokesman on business issues, having served as a columnist for INC.com and appeared regularly in media outlets nationwide, including Bloomberg TV, and the Wall Street Journal.