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NEWS
Whos’s News
Jon Corzine, ’73, former co-chairman of Goldman Sachs, emerged victorious in the Democratic New Jersey primary race for U.S. senator. Corzine’s
win was covered in several local and national publications, including the June 8 Financial Times.
James Kilts, ’74, president and CEO of Nabisco, was featured in a Wall Street Journal article about Carl Icahn’s acquisition bid for Nabisco. The April 7 article in part attributed Nabisco’s growing market shares and earnings exceeding expectations to Kilts’s influence. “When Mr. Kilts arrived in 1998, most of the company’s U.S. businesses were suffering declining market shares; now, most are posting growth,” the newspaper reported.
Pierre Lortie, ’74, was appointed president and chief operating officer of Bombardier Capital Group, the Globe and Mail announced March 23. Lortie is a former president of the Montreal Stock Exchange.
Dennis Malamatinas, ’79, announced he is leaving his position as CEO of Burger King to become CEO of Priceline.com of Europe, a start-up modeled after its American cousin, Priceline.com.
Keith Spurgeon, ’79, chairman and CEO of Zany Brainy, was mentioned in the April 25 Chicago Tribune. An article reported that Zany Brainy bought rival toy chain Noodle Kidoodle, uniting the country’s two largest retailers of specialty toys and creating a 163-store chain under the Zany Brainy name. Read a profile of Spurgeon from the Winter 2000 magazine.
Chong Sup Park, ’82, was named president and CEO of Hyundai Electronics America. His appointment was reported in the March 22 Korea Herald.
Shipley Munson, ’82, was appointed senior vice president and chief marketing officer of the online, licensed real estate firm Homebytes.com.
Jay Rasulo, ’84, was appointed CEO and director of Euro Disney in France. Previously, Rasulo was president, chairman, and CEO of the park.
Frederick Grede, XP-62 (’93), is now deputy chief operating officer of Hong Kong Exchanges and Clearing, according to the April 4 South China Morning Post. Previously, Grede served as executive vice president of the Chicago Board of Trade.
Don Kempf, ’94, and his brother, Steve, raised $7.2 million to produce an IMAX film about former Chicago Bulls player Michael Jordan. The film, Michael Jordan to the Max, opened at IMAX theaters nationwide in May. The Kempfs’ fundraising success was featured in the May 1 New York Times.
Andrew Richardson, ’95, was appointed senior vice president for capital markets at Star Financial, a publicly traded finance company that focuses on the commercial real estate industry.--E.T.
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alumni
Atif Rafiq, ’00, was featured as the No. 1 pick among this year’s business school graduates in Industry Standard’s annual “M.B.A. Draft.” On a scale of 1 to 10, Rafiq scored a 9.7. According to Jonathan Goldstein, one of the recruitment and new media experts who ranked the graduates, Rafiq’s “combination of top-notch investment banking and substantive online experience is a killer.”
The May 15 article featured a
profile of Rafiq, who spent two years
as a financial analyst at Goldman Sachs before moving to AOL’s corporate
development and business affairs group. There, he helped forge the way for AOL’s new model of strategic portal arrangements. Rafiq told Industry Standard that he’d like to be a principal in a VC firm someday, but wouldn’t mind taking a senior development role in a dot-com start-up. Rafiq’s tips for start-ups: “Up until now, the model
for many start-ups has been to raise
big VC dollars; pursue high-risk, high-reward partnerships with portals to lock up traffic; and accelerate going public before competitors [do]. Start-ups will now need to do deals with the
portals that include more risk sharing and true partnership.”
To read more about Rafiq, visit thestandard.com.--E.T.
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