Class Notes

Wilma Smelcer (MBA 1973) has been named senior banking executive for Bank of America in Chicago, and chair, Bank of America, Illinois Advisory Board. Through the appointment, announced in December, she represents the bank in the business and civic life of the community, and is responsible for leveraging all lines of business at the bank to ensure that the best interests of clients and the community are being served. She also continues as Midwest regional executive for the Private Bank. Wilma, who has distinguished herself as a tireless advocate for CBA, joined Continental Bank in 1973 and has since held various positions in corporate and commercial banking. She was appointed senior vice president in 1987, chief administrative officer of global trading and distribution in 1988, and head of relationship management for western states/retail and apparel in 1990. Since 1991, she has managed the private bank and personal trust departments in the Midwest, and she was named executive vice president in 1994.
A former member of the Commerce Alumni Board, Wilma served as its president, 1979-80. In 1990 she joined the CBA Business Advisory Council and chaired this group for the 1996-97 year. In 1997, she was presented with the Commerce Appreciation Award for her deep commitment and loyal service to the college. She is also a member of the board of directors of the Chicago Network, a group of women leaders, which she chaired 1997-98. She serves on the board of directors of the Economic Club of Chicago and the executive committee of the Lincoln Park Zoological Society, and she is a founder of Friends of the Red Cross. She is a member of the Chicago Club, the Chicago Committee of the Chicago Council on Foreign Relations, the American Institute of Certified Public Accountants, and Northwestern University Associates.

1955

Horn Chen (BS Marketing) likes sports so much he's taken to collecting teams. The count, so far, stands at fifteen — hockey teams from Columbus to San Antonio, and baseball teams from California to Amarillo. A long-time Cubs fan, who grew up on Chicago's Northwest side, Chen is credited with reviving the city's Central Hockey League, where attendance figures now average around 10,000 fans per game. He told the Chicago Sun-Times he became interested in minor-league hockey in the early `80s, when his son Chris, now 30, played in a youth hockey tournament in Indianapolis. Chen bought the Indianapolis Checkers in 1988 and turned them into the Ice — a franchise worth $7 million today. Now 65 years old, Chen originally made his fortune in real estate development in the Chicago area, and is also in the restaurant and sports bar business. He lives in Bannockburn.

The versatile and indefatigable Sheldon Good (BS Marketing) is chairing a competition sponsored by the International Real Estate Federation (FIABCI). Known as the FIABCI Prix d'Excellence, the awards recognize excellence in commercial real estate development. Good, who is chairman of the Chicago-based Sheldon Good & Company International, recently won a prize of his own. Last April he was named a Chicago Illini of the Year, along with classmate Lester McKeever (BS Accountancy).

1957

Gaylord Container Corporation has announced the election of Jerry W. Kolb (BS Accountancy) to its board of directors. Vice chairman of Deloitte & Touche until his retirement in May 1998, Kolb belongs to the Commerce Business Advisory Council. He is a member of the American Institute of CPAs and the Illinois Society of CPAs, which he has served as a director and vice president.

1960

Richard Wellek (BS Industrial Management) has retired as chief executive officer of Varlen Corporation in Naperville. He remains as non-executive chairman of the board of the company, a leader in transportation products and petroleum analyzers. Wellek joined Varlen in 1972 and became chief executive officer in 1983. Between this time and May 1997, when he was elected chairman of the board, the company increased sales almost five-fold, from $111 million to $522.3 million. Wellek is a member and past chair of the Commerce Business Advisory Council. He is also on the board of the Illinois Mathematics and Science Academy Fund for the Advancement of Education and belongs to the Economic Club of Chicago. He and his wife Susan live in Northbrook, Illinois. They have three grown children.

1963

Glen Benoy (BS Accountancy) writes from his home in Oak Park that he is "currently in quasi-retirement after spending twenty-plus years working for two multinationals in Germany." While overseas, Glen "traveled the world," working with consultants and analyzing branch and franchise operations. Now that he's "becoming re-acclimatized to life in these United States," Glen adds that he's "looking for work!!"

1967

In October, the National Association of Securities Dealers named veteran securities regulator Dennis Hensley (BS Finance) as head of the association's new Institute for Professional Development. Dennis lives in Stamford, Connecticut.

1969

Eugene J. Sieburg (BS Accountancy) writes in to say that he has accepted the position of controller of Four Points Digital, an interactive marketing agency in Chicago. Eugene also lives in the city.

John Zeglis (BS Finance) has been elected a director of Sara Lee Corporation. President of AT&T Corporation since 1997, he serves on numerous corporate, educational, and philanthropic boards. These include Helmerich and Payne Corporation and Illinova Corporation, both of which he serves as a director; George Washington University, which he serves as chairman of the Board of Trustees; and Brookings Institution and Culver Education Foundation, both of which he serves as trustee. A valued member of the Commerce Business Advisory Council, John is also a member of the Kellogg Advisory Board at Northwestern University. He joined the Chicago law firm of Sidley & Austin in 1973, becoming a partner in 1978. He went on to serve as lead attorney for AT&T during the 1984 breakup of the phone giant, then joined the corporation in 1986 as general counsel. A native of Momence, he graduated magna cum laude from Harvard Law School in 1972.

1970

Keebler Foods Company promoted Jeff Ablin (BS Commerce Curriculum) to vice president of operations finance and planning, in November. He had been treasurer of the company, located in Elmhurst, since 1996.

In February, Thomas B. Jared (BS Marketing) joined CallBack Software as a principal and senior vice president of new business development. He came to the Burlington, Massachusetts, company from Information Access in Cambridge.

1972

Last summer, Rand McNally and Company named Lawrence A. Gyenes (BS Accountancy) as senior vice president and chief financial officer. Before joining the publishing giant, headquartered in Skokie, he worked for CompuServe.

James W. Liddell (Executive Development Program) writes from his home in Williamsburg, Virginia, to say that he retired as chairman of Concrete Structures Inc., last June, but is staying busy as a consultant. A past president of the Virginia Society of Professional Engineers, he also holds an architecture degree from Illinois. James notes that the Executive Development Program has been "very beneficial" in his career, graciously concluding his note: "Thanks."

John R. Nevin (PhD, MS '68 Business Administration) has been elected to the Board of Directors of Madison Gas and Electric Co. John is director of the Grainger Center for Distribution Management, and Grainger Wisconsin Distinguished Professor at the School of Business, University of Wisconsin-Madison.

In December, Quanex Corporation announced the appointment of Wayne M. Rose (MBA) as president of the company's Engineered Products Group. Wayne joined the Houston company in 1982.

MEDICARE SLOWS DOWN

Fondly enjoyed for many years, Medicare 7, 8 or 9 is moderating its tempo. The popular Dixieland jazz band, a shifting coterie whose members include Illinois faculty, administrators, and grad students, announced its group departure from the music business last fall. However, after numerous, heartfelt pleas from fans throughout the Illinois community, the band is continuing with limited engagements at least through the end of 1999. Here Medicare is shown playing its traditional gig at the Annual Commerce Homecoming Tent Party.

1973

Last fall, Matrix Pharmaceutical named David Ludvigson (MAS, BS '72 Accountancy) as senior vice president and chief financial officer. He has previously worked for other leading high-tech and biotech companies and is a director of Nanogen, Inc. Matrix is located in Fremont, California.

1975

Whitman Corporation announced in October the appointment of Martin M. Ellen (BS Accountancy) as senior vice president and chief financial officer. Martin and his family live in Arlington Heights.

Michael Krasny (BS Finance) has been honored by the Better Business Bureau of Chicago and Northern Illinois with its BBB Torch Award for Marketplace Ethics. Announced in December, awards were made in small, mid-size, and large business categories. Krasny is chairman and CEO of CDW Computers, which won the large business category (1,000-plus employees) and went on to become a finalist for the National Torch Award, presented in March in Washington, DC. Incorporated in 1984, CDW is now a Fortune 1000 company and has been recognized by PC Magazine as one of the nation's "100 Most Influential Companies" and by Fortune as one of the "100 Best Companies to Work for in America."

In October, David Watkins (BS Accountancy) joined Maritz Marketing Research Inc., as vice president-finance. Located in St. Louis, the company currently ranks as the sixth largest research company in the U.S. Before joining Maritz, Dave was the partner-in-charge of the Manufacturing, Retail, and Distribution Group in the St. Louis office of KPMG Peat Marwick LLP, where he worked for twenty years. Dave writes that he is also currently serving as president for the Civic Entrepreneurs Organization, a group of one hundred business people committed to bringing cultural, business, and sporting events to the city.

1976

In October, OmniCell Technologies was named the fastest-growing technology company in Silicon Valley as part of Deloitte & Touche's 1998 Silicon Valley Technology Fast 50 program. Sheldon "Shelly" Asher (BS Finance) has been president and CEO of OmniCell since December 1993.

Michael J. Grace (BS Accountancy) announced "with great pleasure and boundless enthusiasm" that, in September, he joined the law firm of Powell, Goldstein, Frazer & Murphy LLP, in Washington, DC. He had previously practiced with Ginsburg, Feldman and Bress, also in the nation's capital. He specializes in taxation, especially as related to partnerships, limited liability companies, S corporations, and real estate transactions. As a member of the Office of Chief Counsel for the IRS in Washington, he played a pivotal role in developing and implementing provisions of the Tax Reform Act of 1986 that affect partnerships and tax shelters. A native of Joliet, he holds a J.D. from the University of Michigan Law School. Michael regularly writes on various tax topics, serves on the editorial boards of numerous publications, and frequently lectures on the taxation of partnerships and other pass-through entities. Last year he was named a board member of the Commerce Alumni Association.

James Hackett (BS Finance) was elected to the board of directors of New Jersey Resources, in February, and in August joined Seagull Energy Corporation. He is chairman, president, and chief executive officer for the company, and lives in Houston with his wife, Maureen, and their four children.

In September, Daryl Lindemann (BS Accountancy) was named vice president of business development and acquisitions for Morton Industrial Group, Inc. He also continues as secretary of the company, located in Morton, Illinois.

Tom Marsailes (BS Business Administration) writes from his home in South Elgin, Illinois, to note that he received a B.S. in electrical engineering from the Illinois Institute of Technology in December of 1996. In 1997 he became project manager for the Network Systems Group of Zenith Electronics in Glenview.

Russ Meyer (BS Business Administration) was named vice president of global marketing and alliances for McHugh Software International. He was previously with Oracle, as director of area marketing and director of global alliances for strategic software partners.

Towne Services, Inc., of Norcross, Georgia, has announced the appointment of John D. Schneider, Jr. (BS Finance) to its Board of Directors. John is president and CEO of the Independent Bankers' Bank and Bankers' Bancorp, Inc. He is married, with five children, and lives in Springfield, Illinois.

www.cba.uiuc.edu/alumni

Visit our home page for information about Commerce Alumni Association activities.

1977

In mid-December, American Mobile Satellite Corporation announced the appointment of Dan Croft (BS Business Administration) as vice president, messaging services. The company is located in Reston, Virginia.

At the beginning of the year, James E. Cushing, Jr. (BS Accountancy) was named chief executive officer of The Wright Group, a publishing company in Bothell, Washington. James joined Wright in 1995 and had been president and chief operating officer since 1997.

A note from Spiro Hountalas (BS Accountancy) indicates that he is working as assistant finance director for the city of Naperville, where he also makes his home. Spiro took the position in July, having previously served as director of finance/treasurer for the village of Morton Grove. He was also recently elected president of the Illinois Government Finance Officers Association, a professional group dedicated to sound management of government financial resources. During the 1997-98 academic year, he was honored by Waubonsee Community College.

Edward J. Munin (MAS, BS '76 Accountancy) sends news of his appointment as president and chief executive officer of Liberty Financial Services, Inc. The stock brokerage firm and financial planning company, which announced the appointment last October, is a subsidiary of Liberty Federal Bank, located in Hinsdale, Illinois. A CPA and Certified Financial Planner, Edward had previously served as senior vice president at Liberty Federal and has also worked as division vice president for American Express. He and his wife Sue live in Palos Heights with their two children, Amy and Brian.

Jeffrey Silverman (BS Accountancy) has been elected vice president of the National Check Cashers Association, Inc. He is president of M.S. Management Corporation in Northbrook and director of the Community Currency Exchange of Illinois, Inc.

1978

Joan E. Ryan (BS Accountancy) has been named chief financial officer of Alliant Foodservice, in Deerfield, Illinois. She had previously been vice president and CFO for Ameritech's small business services group.

1979

In August, Daniel J. Blount (BS Accountancy) was promoted to vice president and chief financial officer of Riverwood International Corporation in Atlanta. He joined the company last year, having previously worked for Montgomery Elevator Company.

Julia Fuog Caudill (BS Business Administration) sends a note from the Virgin Islands, where she has the good fortune to be general manager of Concordia, a resort on St. John.

The Grapevine Convention and Visitors Bureau has named Marcy Roitman (BS Business Administration) director of sales, a promotion which follows her six years of service as top-producing national sales manager for the Texas city.

Congratulations to Maren Yeska (BS Business Administration). In January of 1998, she was promoted to associate media director for Bozell Worldwide, a Chicago advertising agency whose clients include Weber Grills and the National Pork Producers Council. Her husband Ron (BA Finance LAS) is an account manager at CNA Risk Management. His offices are also in Chicago, which is where the couple makes their home.

1980

A quick note from Mark R. Brice (BS Accountancy) indicates that he is living in Fairfield, Connecticut, and working as director of internal audit for Martin Geller CPA, a Manhattan firm.

After eighteen years with Illinois Power in Decatur, Elizabeth Oakes Crowder (BS Finance) moved in November to Memphis, joining FDX Corporation (parent of FedEx) as a corporate financial advisor. She and her children Martha (9) and Aaron (5) live in Germantown where, Elizabeth writes, they are "enjoying the Southern hospitality."

David Foster (BS Business Administration) writes from Aurora, Colorado, where he is president of with his wife Robin and their two daughters.

William N. Howard (BS Accountancy) and Daniel J. Voelker (BS Accountancy) moved jointly from one Chicago law firm to another last October. Long-time partners at Seyfarth, Shaw, Fairweather & Geraldson, the pair joined Schwartz & Freeman as equity partners.

Ann Davenport McBrien (BS Finance) was recently promoted to vice president of customer business development, Global/North America Health Care for Procter & Gamble. Ann is the first female vice president in sales for P & G. She and her husband and two children live in Cincinnati, Ohio.

Sally Potter (BS Economics) knows how to keep zooming ahead. Having received an MBA from Michigan State University in 1986, she went on to hit a homer with Double Play Sports, a used sports equipment store which she opened in Lansing, Michigan, in 1990. In November 1997, she then got a taste for the restaurant business, opening the Brick House Restaurant, also in Lansing. Meanwhile, Sally has also found the time to play with a musical trio, Second Opinion. Together for the past decade, the group recently released its third CD, titled "Last Rose."

1983

Robert Barry (BS Economics) writes that on October 6, 1998, his wife Andrea and he welcomed into the world their new daughter, Allison Morgan. Robert is regional manager of public policy for MCI World Com, and Andrea is director of benefits and compensation for Keebler. The family resides in Winfield.

News of another happy arrival comes from Scott E. Fiducci (MBA) and his wife, Judith Ann, whose new son, John ("Jack") Edward, was born May 9, 1998. The family lives in Pewaukee, Wisconsin, and Scott works for David & Kuelthau, S.C., a Milwaukee law firm.

Robert Giblichman (BS Accountancy) has been promoted to partner in Warady & Davis LLP, a CPA and consulting firm in Deerfield. The promotion, which places Robert in charge of the firm's quality control, became effective on October 1, 1998.

In mid-December, Dennis A. Warford (BS Finance, BS Accountancy '82) was named controller for English Bay Batter, a cookie dough company headquartered in Vancouver, British Columbia. A veteran of sales and marketing in the food industry, David has also worked for General Mills and Sara Lee, and in the food brokerage business. He became president of English Bay at the close of 1998.

A good time was had by all. The Young Alumni Committee sponsored a wine tasting on February 26 at the University Club in Chicago.

Last summer, The Wall Street Transcript featured a "Money Manager Interview" with Richard R. Furmanski (MS Finance). President and chief investment officer of Concord Investment Company, Richard has directed the firm's growth from $12 million in assets in 1987 to about $650 million today. A Chartered Financial Analyst since 1985, he is also regularly tapped by other media, including the Chicago Tribune and NBC-TV.

William Odell (BS Business Administration) was appointed senior vice president product operations last summer by Aastrom Biosciences in Ann Arbor, Michigan. He had previously worked for Owens and Minor in Chicago.

On April 25, 1998, Thomas J. Schmidt (BS Business Administration) married Shari L. Cartwright at Old St. Patrick's Church in Chicago. Illini in the wedding party included Joan Hamilton Malloy (BS Accountancy '86). Tom is a senior programmer/analyst for Blue Cross Blue Shield of Illinois. The couple resides in Palos Hills.

1981

Heading the new Chicago office of AMI Capital is Gerard Rotunno (BS Finance), named vice president and managing director for the mortgage lender in November. He previously worked for Finova Realty, the Prudential Realty Group, and FS Realty Partners.

In mid-January, Richard J. Salzer (BS Business Administration) joined Versus Technology as executive vice president of sales and marketing. The company is located in Traverse City, Michigan.

1982

NationsBanc Montgomery Securities LLC has announced it has hired Brian Brille (BS Accountancy) as senior managing director and director of the firm's Health Care and Investment Banking Group. Brian had previously worked at Morgan Stanley, where he was managing director for the firm's Health Care Services Group. He holds a master's in government from Harvard and a J.D. from Stanford. A resident of New York, Brian visited Commerce as an Executive-in-Residence in November.

Phillip B. Donenberg (BS Accountancy) was, in September, named chief financial officer and treasurer for Ben-Abraham Technologies Inc., in Lincolnshire, Illinois. He lives in Buffalo Grove Griffin Pipe Products Co., a division of AMSTED in Downers Grove, Illinois.

1984

Writes Alex Andrade (BS Business Administration): "After seven years with Westin Hotels and Resorts in Texas, Chicago, Vail, Los Angeles, and Puerto Rico, I joined Posadas of Mexico in Cancun a year ago. I am fortunate enough to manage and live in one of only forty-eight five-diamond hotels in the world." He adds: "International experience is essential in the hospitality business, with such a broad range of customers visiting hotels."

Timothy G. Compall (BS Accountancy) writes that he recently left private law practice at the "litigation boutique law firm" of Novach and Macey. He is now practicing as commercial counsel for MCI WorldCom in Chicago, where he also lives.

In August, Gregory A. Facktor (BS Finance) became director of corporate communications for Techniclone Corporation, a developer of leading-edge therapeutics for cancer treatment.

Jeff Green (BS Finance) was, in August, named chief financial officer for AirLiance Materials, a joint venture of United Airlines, Air Canada, and Lufthansa Technik, located in Chicago.

Congratulations to Janet E. Klug (MBA, FAA '81), named last summer as marketing communications manager for the Ford Division of Ford Motor Company. She had formerly been senior vice president and account director for the Chicago office of Leo Burnett, U.S.A., where she worked for thirteen years. She is recognized for her leadership on national advertising campaigns with clients such as Hallmark, Oldsmobile, McDonald's, and Pillsbury.

Michael L. Mason (BS Finance) joined the law firm of Kilpatrick Stockton LLP in December. He practices in the areas of public finance and municipal bond law for the Atlanta firm, and he, his wife Lisa, and their two children live in Marietta, Georgia.

Rick Smith (BS Finance) writes from California, where he is managing director for Sun America, a financial services company in Los Angeles. His first child, Garrett Smith, was born on October 18, 1998. The family home is in Manhattan Beach.

Anthony G. Testolin (BS Accountancy) sends a note to say that he was recently promoted from controller to vice president of finance at Seven World Wide, Inc. Formerly Wace USA, Inc., the concern is one of the largest digital imaging and pre-press companies in the country. Anthony lives in LaGrange, Illinois.

1985

Duane M. DesParte (BS Accountancy) writes that he was named partner in Arthur Andersen last September. He provides assurance, process risk management, and other business advisory services, primarily to clients in the energy, telecommunications, and rail transportation industries. Duane lives and works in Chicago.

Mark Schindel (BS Finance) joined the new Chicago office of American Capital in October, becoming a principal in the company, which is based in Bethesda, Maryland.

Rick Tauber (BS Accountancy), who recently joined Stein Roe & Farnham as a fixed income analyst covering high yield and high grade corporate bonds, tells InSight that he's "happy to be back in Chicago!" After graduating Michigan with an MBA in 1990, Rick worked for MetLife in Chicago, California,
and New Jersey before returning "home."

After twelve and a half years at Sanwa Business Credit Corporation in Chicago, Chet Zara (MBA) was recruited by First Source Financial in Rolling Meadows, and now works there as senior vice president. He and his wife, Diane Gross Zara (BS Marketing), live in Palatine with their three children.

1986

Leng S. Eng (MBA) writes in with the happy news that she has married Michael Wapner. In attendance at the wedding were classmates Oi Eng-Crandus (BS Finance) and Shlomo Crandus (BS Accountancy). After eleven years with Arthur Andersen's firm-wide marketing function, Leng is now an independent marketing consultant. She and Mike live in the Wrigleyville section of Chicago.

1987

Last autumn, Steven H. Wunning (MBA) was promoted from president of Caterpillar Logistics to vice president of the company. The move, which resulted from the retirement of Caterpillar vice president Roger E. Fischbach, was accompanied by new appointments for several other MBA grads at Caterpillar: Gary Stroup (MBA '89), to president of Solar Turbines, a subsidiary; Sid C. Banwart (MBA '91), to vice president, component products; and Sherril K. West (MBA '86), to vice president, technical services.

1988

TRILEAF Corporation, formed by Scott Muschany (BS Business Administration) and his partner Todd Prevette (LAS `84), was recently named as one of the fastest-growing companies in the country by Inc. magazine. Based in Ames, Iowa, the company provides environmental and engineering services. Between 1992, when it was founded, and 1997, TRILEAF grew 932 percent, to profits of $2 million.

Lee A. Winkleblack (MBA) was named director of communications and member services of the Illinois State Dental Society in March 1998. She says that in her new position she is responsible for publications, public relations, continuing dental education, and membership recruitment and retention for the society, which consists of 6,500 member dentists and is a constituent of the American Dental Association.

1990

Gary Tyson (BS Accountancy) has been promoted to senior vice president at Bricker & Associates, a Chicago consulting firm specializing in work flow improvement, technology strategy, and organization design.

1991

An autumn wedding was followed by a Hawaiian honeymoon for John R. Jurgovan (MBA) who married Margaret Gregory on September 19, 1998. The couple traveled to Kauai, then on to California, where they visited the redwood forests and San Francisco. John works as a market area specialist for Ford Motor Company in St. Louis. The couple lives in St. Peters, Missouri.

Thomas Macina (BS Finance) has been named director of business development and strategy for Keebler Foods in Elmhurst. He had previously worked for Bain and Company.

Rabinder K. Nandola (MSA, BS '89 Accountancy) has written in with two pieces of very good news. He and his wife, Malene Windfeld, have a new baby daughter, Sarah Windfeld Nandola. And Rabinder was recently promoted to international tax manager at Transamerica Distribution Finance Corporation.

1992

A fax from Harry J. Van Buren III (MS Finance) reads: "I am currently a doctoral student in business ethics at the University of Pittsburgh . . . and staff to the Episcopal Church's Economic Justice Loan Program."

1993

In August, Robert P. Hartwig (PhD, MS '88 Economics) joined the Insurance Information Institute, a New York-based trade organization for the property and casualty industry. Now an economist for the institute, Robert had previously worked for the National Council on Compensation Insurance in Boca Raton, Florida.

Stacey Mansker (BS Finance) is living and working in Chicago, where she is a senior claim automation and procedures specialist for State Farm Insurance Companies.

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1994

Nada Mirkovic Bradbury (BS Business Administration) writes that she is living in Lindenhurst, Illinois, and working in Schaumburg, as an account executive for AC Nielsen, Inc., a marketing research firm.

Lesly Marban (BS Accountancy) and Jim Biel (BS Accountancy) were married on November 14 in Guanajuato, Mexico, in the presence of many of their Illinois and Commerce classmates. On hand for the South of the Border ceremonies were Jesse Hill (BS Finance), Tory Ramaker (BS Finance), Connie Wittstock (BS Business Administration), and Stephanie Lair (BS Accountancy). Lesly is a financial analyst at Baxter in Round Lake, Illinois, and Jim is a product manager at Aerial Communications. They live in downtown Chicago.

It was a Chicago wedding for Kelly J. Mika (BS Accountancy) and Jeffrey M. DeJesus (BS Accountancy '93), who got married on November 28 amid a de facto reunion of Commerce alumni. Present for the happy occasion were: Kevin Paradies (BS Finance) and his wife Pam (BS Finance); fellow classmate Barb Tohtz (BS Accountancy); Commerce Class of '93 members Jesse Hill (BS Finance) and Jerred Pauwels (BS Accountancy); and 1992 CBA alumnus Roberto A. Menconi (BS Finance; BS Accountancy). Kelly and Jeff are living in Chicago, where he is a corporate finance associate at Bank of America and she is a recruiting consultant at Robert Half International.

1995

Having graduated from the College of Law at Illinois last May, Steven Ciszewski (BS Finance) has joined the law firm of Bates Meckler Bulger & Tilson in Chicago. The firm specializes in insurance coverage and labor/employment defense litigation. Steven lives in Orland Park.

Michael Kleinkemper (BS Finance) has been a business analyst at Hewitt Associates in Lincolnshire, Illinois, for the past three years. He writes that he is responsible for quality assurance — making sure that new employee benefit record-keeping systems meet client requirements. In March, a promotion took him to Hewitt's Atlanta office to do some work as a programmer analyst.

1996

Intrepid, ingenious, and adventuresome, Tom Tirone (MBA) and a team of classmates are carving out a niche in investment information on emerging markets. A recent piece in Fortune magazine profiled the work of Tirone Corporation, a Champaign firm which advises investors on companies managing to operate profitably in the former Soviet Union. With the help and encouragement of business administration faculty members Seymour Sudman and the late Gary Willard, Tom began researching entrepreneurship and success strategies in a "highly dynamic environment" — i.e., the tempestuous economic reality of Russia in the `90s. He and his colleagues and classmates — who include his wife Lisah Chen (MBA), Glenn Sigler (MBA), and Gennadi Andreyev (MBA '98) — have had a few adventures along the way.
As well as selling information and investment products over the Web, the company publishes the Russia Business Report Series, an investor's desk reference, and is seeking to expand into other Eastern European markets. "I don't think I could have done it without my MBA," concludes Tirone, adding that he is grateful for the support of faculty members Sudman and Jim Gentry (finance). Both professors serve on the company's board of directors. "They are the kind of directors you want — the kind who really say what's best for the firm."

1997

Bob Waldschmidt (BS Finance) recently came back to campus for a Commerce Career Focus panel presentation, at which he represented Lazard Frères & Co., LLC. Bob has worked in Lazard's Chicago office for the past three years. While at CBA he was an active member of Commerce Council, serving the organization as vice president.


IN MEMORIAM

Leslie B. Worthington died at his home in Ligonier, Pennsylvania, on August 3, 1998. Mr. Worthington succumbed at the age of 96 to complications related to pneumonia. A member of the Commerce Class of 1923, who graduated with a B.S. in commerce curriculum, he was a former president of U.S. Steel Corporation. Mr. Worthington was born in England and moved to the United States in 1906, to the Illinois coal-mining town of Witt. He joined U.S. Steel after graduating and became president and chief administrative officer in 1959, also serving as corporate director and chairman of the executive, operations policy, and general administration committees. He retired in 1967. Mr. Worthington is survived by his wife, Bernice Hubbard Worthington, two sons, five grandchildren, and seven great grandchildren.

Carra Ruth Nendick Lindsey of Amherst, Massachusetts, died on February 26, 1999, and was buried March 3 — the day on which she was to have celebrated her 101st birthday. Mrs. Lindsey graduated from the college in 1924, with a degree in commerce curriculum and was the widow of Illinois alumnus Adrian H. Lindsey.

Cleo Fitzsimmons (MS Economics 1933, PhD Economics 1945) died on November 30, 1998, in Des Moines, Iowa. A professor emeritus of home management and family economics at Purdue University, she was a faculty member and administrator there for more than twenty years. She was 98 years old when she died. A native of St. Paul, Kansas, Dr. Fitzsimmons earned a bachelor's degree in home economics and journalism from Iowa State University in 1928. In 1929, she joined the Illinois Extension Service, and was part of that organization until 1942. From 1946 to 1968 she taught at Purdue. A bequest from her estate has established the Cleo Fitzsimmons Award. 

Albert L. "Al" Sautter died at his home in Highland, Missouri, of cancer at the age of 81 on October 18, 1998. A retired lieutenant colonel, Mr. Sautter served as pilot and instructor during an Air Force career spanning nearly thirty years. Born in St. Louis, Mr. Sautter graduated the college in 1938 with a B.S. in commerce curriculum. He joined the Army Air Corps in 1941. In 1951 he was recalled to active service, piloting DC-4 transports from Germany to the British Isles, North Africa, Scandinavia, Italy, and Greece. In 1964, he became operations officer of the Transport Service for Scott Air Force Base in Illinois, then led two airlift commands in Bangkok, Thailand, in support of the U.S. war effort in Vietnam. During the `60s he also went "on loan" to the U.N., for an airlift of Europeans from the Congo and Nigeria. He retired in 1970 as chief of operations and training of the 375th Airlift Wing at Scott Air Force Base. Survivors include his wife of fifty-two years, Harriett; and a son, two daughters, and a sister.

Robert James Dunn died in Chapel Hill, North Carolina, on October 1. He was 77 years old. Born in Springfield, Illinois, Mr. Dunn graduated Commerce in 1942 with a B.S. in business administration. After serving in the U.S. Army Air Corps during World War II, he retired with the rank of captain and went on to earn an MBA from Northwestern. Mr. Dunn worked for thirty-seven years for U.S. Steel Corporation and its subsidiaries. In 1983 he retired from the company as director of traffic and transportation planning. He is survived by his wife Eleanore, three daughters, a son, and two grandchildren.

Retired judge and former state's attorney for Henderson County, G. Keith Sanderson died on November 14, 1998, in Peoria. He was 78 years old. Mr. Sanderson received a B.S. in business administration in 1942. He subsequently earned an L.L.B. from Illinois, awarded in 1944. He became an associate judge in the Ninth Judicial Circuit in 1965, and retired in 1980. He is survived by his wife Betty, a son, three daughters, and a sister.

On February 25, 1999, Fred Currier died of heart failure in San Francisco. He was 75. A highly respected pollster, whose work was sought after by companies, public policy organizations, and political candidates alike, Mr. Currier graduated from the College of Commerce in 1949 with a master's degree in economics. In 1998 he made a lead gift to endow the Robert Ferber Fellowship, to support graduate students in CBA and LAS. An extensive profile is devoted to Mr. Currier in the FY 98 Commerce Annual Report.

Joseph F. Gauger, Jr., died at his Decatur home on November 5, 1998, at the age of 72. A CPA, he earned a B.S. in accountancy in 1950. Gauger was vice president and financial officer for Purity Baking Co. He also worked for the accounting firm of Gauger/Diehl and was at one time a co-owner of Robbie's Restaurant in Decatur.

Bob A. Hedges died Feb. 1 at his home in Abler, Pa., at the age of 79. After earning a B.S. in economics at the University of Kansas and an M.S. in 1953 and Ph.D. in 1954 in economics at Illinois he joined the Commerce faculty (1955-67). In 1967 he went to Temple University, where he later served as an associate dean for the School of Business and as chairman of the risk management and insurance department.

Past president of the board of the American Risk and Insurance Association, he was also a charter member of the association's Risk Theory Seminar. A co-authored book, Risk Management in the Business Enterprise, won the association's Elizur Wright Award for distinguished contribution to the literature in risk and insurance in 1964. He served as a non-commissioned intelligence officer with the 40th Infantry in the Pacific during World War II. He is survived by his wife Jane, two daughters, four grandchildren, and three sisters.

Craig S. Zirbel died suddenly on November 26, 1998. Mr. Zirbel, who attended Commerce in 1982 and LAS in 1987, was a correctional officer at Cook County Jail. He is survived by his parents, stepparents, and brother. u Commerce InSight/Spring 1999