John Keeley, '65, president of Keeley Asset Management,
was interviewed in Barron's. The article focused on his
successful investments in small-cap stocks, particularly in companies
that are restructuring or emerging from bankruptcy. "His
expertise in this sliver of the stock market has served investors
in Chicago-based Keeley Asset Management—with $910 million under
management—and the Keeley Small Cap Value Fund well," Barron's
reported.
James J. Drury, '66, a member of the Council on the Graduate
School of Business, resigned as vice chairman of the Americas
at the recruiting firm Spencer Stuart to start his own consulting
business. Crain's Chicago Business carried the news.
Willie Davis, '68, was featured in a Pittsburgh Post-Gazette
story about directors of mutual funds. Davis is a director of
Strong Funds and serves on the boards of Kmart, Dow Chemical,
Metro-Goldwyn-Mayer, and several other companies. He is president
and CEO of All Pro Broadcasting, which is based in Los Angeles.
|
Oberweis to Run
for U.S. Senate in Illinois
James D. Oberweis, XP-45 ('80), has joined the race
for the Republican nomination for the Illinois U.S. Senate
seat. The Chicago Tribune carried the news. Oberweis,
a newcomer to politics, hopes to capitalize on the name
recognition associated with his family's dairy business.
Although he took issue with President George W. Bush's economic
bailout of the airlines following the September 11, 2001,
terrorist attacks, Oberweis came out in support of the current
administration. "We can give a great president help
and not hindrance, encouragement and not mindless criticism,
support and not blind opposition," Oberweis said. In
the Republican primary in March, Oberweis will compete with
tax lawyer John Cox and state representative James Durkin
for the right to challenge incumbent Democratic senator
Dick Durbin in the general elections in November. —E.H.
|
Basil L. Anderson, '71, is now vice chairman of Staples,
where he will oversee strategic, business development, and financial
initiatives. He has served on Staples' board of directors since
1997. Previously, Anderson served as chief financial officer at
Scott Paper Company and chief financial officer and treasurer
of Campbell Soup Company. BusinessWire carried the news
of his job change.
Thomas W. Davis, '77, was named vice chairman and head
of private equity and research at Merrill Lynch. The promotion
was reported in Yahoo! Alerts. David H. Komansky, the company's
chairman and CEO, and Stan O'Neal, president and COO, praised
Davis as "instrumental in creating what is truly a top-tier
global franchise." Previously, Davis was president of the
firm's corporate and institutional client group, with executive
responsibility for investment banking and debt and equity markets.
Venture Capital Journal profiled Venetia Kontogouris,
'77, of Trident Capital. The journal described her as "a
rarity in today's venture capital world: a managing director who
is foreign-born and a woman, who has a top job with a major fund."
The article went on to praise Kontogouris's apparent "intuition"
about an entrepreneur's chance for success. She told the journal
that she looks for entrepreneurs with "the passion, vision,
and stamina to survive the ups and downs of creating a successful
venture." Trident Capital was founded by Robert C. McCormack,
'68.
Lands' End has named Cheryl A. Francis, '78, to its board
of directors, according to an article in Yahoo! Finance.
An adjunct professor at the GSB from 1991 to 1993, Francis currently
serves on the Council on the Graduate School of Business.
The Wall Street Journal reported that Brady Dougan,
A.B. '81, M.B.A. '82, has been promoted to head of Credit
Suisse First Boston's securities division. The division has 6,000
employees and is the firm's largest operating unit. Formerly,
Dougan served as stock chief with the company.
The South China Morning Post carried a feature on Chong-sup
Park, '82, whose "remarkable, if controversial"
financial restructuring of Hynix Semiconductor kept the company
in business after it had suffered from ill-advised extraneous
ventures and the collapse of the semiconductor market. Park became
president of the company, formerly known as Hyundai Electronics,
in early 2000 and now serves as chairman and CEO. Despite opposition
from U.S. legislators, who claim that the Korean government violated
WTO statutes by assisting in the financial restructuring, the
Post claimed that "this remains an important restructuring,
predicated on the removal of opaque and conflicted management,
and on the divestment of irrelevant business."
Peter J. Bulandr, '87, has been promoted to senior vice
president of leveraged finance at LaSalle Bank. Bulandr remains
in charge of underwriting leveraged finance loans. News of his
promotion appeared in American Banker.
Bank One chief economist Diane Swonk, '89, was featured
in a Chicago Tribune article about the continued confidence
of young consumers, even in the face of a recession. "The
biggest deterioration in confidence has come among the oldest
and wealthiest households," Swonk said, while young people
are continuing to spend their income. She attributes this confidence
to the fact that the younger generation has never faced truly
difficult economic times. "Their perspective of the world
has been shaped by that," she added.
DaimlerChrysler appointed Julie Roehm, '95, director of
marketing communications. Previously, Roehm served as car marketing
and com-munications manager for Ford Motor Company, where she
directed the launch of the Ford Focus. Her hire was reported in
Yahoo! Finance.
Richard F. Westenberger, '96, was promoted to vice president
of investor relations for Sears Roebuck. He will direct the company's
investor relations and assist with the development and execution
of company strategy. A Sears employee since 1996, Westenberger
had previously worked in the company's credit card business, corporate
finance, and investor relations areas. PR Newswire carried
this news.
David W. Miller, '97, was interviewed in the Wall Street
Transcript. A media and entertainment analyst at Sutro, Miller
offered advice about investing in media and entertainment stocks.
He said that investors should focus more on EBITDA and not necessarily
on earnings growth.
An article in the online Investors Business Daily featured
John C. Thompson, '99, manager of the $160 million Thompson
Plumb Growth Fund. Thompson's unorthodox stock management—described
as "a willingness to buy when news is bad and sell while
things are going well"—has paid off for the fund, which has
prospered while many other growth funds have floundered. The story
also mentioned that when Thompson selects stocks to invest in,
he "applies the skills he perfected in business school,"
looking at factors such as a firm's competitive position.
The Chicago Tribune reported that current Executive M.B.A.
Program student Cortez Trotter has been appointed executive
director of Chicago's Office of Emergency Communications by mayor
Richard Daley. Prior to this appointment, Trotter had served as
first deputy commissioner of the Chicago Fire Department, making
him the highest-ranking African American in the department. Daley
was quoted as saying, "I can't think of anyone better qualified...to
take over." —E.H.
Who's News features alumni whose achievements have appeared
in the media. Submit media mentions for future publication to
Editor, Chicago GSB, 6030 South Ellis Avenue, Room 251,
Chicago, Illinois 60637; fax 773.702.2973.
