William (Bill) A. Obenshain, Executive Director, The Center for Financial Services, DePaul University
Bill Obenshain is Executive Director of the Center for Financial Services at DePaul University, a position he has held since March of 2007. The Center for Financial Services’ four-pronged mission is to support innovative undergraduate, graduate, and post-graduate curricula in financial services; sponsor industry forums on financial services policy issues; sponsor periodic roundtables featuring leaders in the banking and investment management disciplines, and provide industry-relevant research on national and international banking and financial services issues.
Before joining DePaul, Mr. Obenshain spent 38 years in the financial services industry with Continental Bank and Bank of America. He held positions in Chicago, New York, Brussels, and London. He was the founder, in 1995, of Bank of America’s private equity business in Europe. From 1995 to 2006, he was Managing Partner of BA Capital Partners Europe.
Mr. Obenshain is a director of the Dickey Center for International Understanding at Dartmouth College and a trustee of the Naval War College Foundation in Newport, Rhode Island. He is also a director of MezzVest, a Channel Islands based investment fund, president of the American School in London Foundation, Chairman of the Board of Truth in Accounting, and a director of the University Club of Chicago. He is a member of The Executives’ Club of Chicago and the Chairman’s Circle of the Chicago Council on Global Affairs. Mr. Obenshain serves on the advisory board of Three Ocean Partners, a New York based investment-banking boutique.
Before joining Continental Bank, Mr. Obenshain served in the U. S. Navy for five years. He earned a bachelor’s degree in political science from Dartmouth College in 1962 and completed his MBA at Dartmouth’s Tuck School of Business the following year.
Don Cooke, Senior VP Philanthrophy, McCormick Foundation
Donald A. Cooke began serving as senior vice president for philanthropy of the McCormick Foundation in May 2005. His responsibilities include providing oversight and management to the Foundation’s grant-making programs in communities, democracy, education, special initiatives, and veterans, and he has worked extensively on the issue of gun violence in Chicago.
A Philadelphia native, Cooke was educated at Williams College and Harvard University, where he studied astrophysics. He is the author of many papers and articles and often lectures on astronomy and nonprofit management. He is author of the book “The Life and Death of Stars,” published by Crown Publishers in 1985. He currently serves as a board member and on the executive committee of The Chicago Council on Global Affairs, Forefront, and has served as chairman of the City of Lake Forest Historic Preservation Commission.
Rick Jasculca, Chairman and CEO, Jasculca Terman & Associates
For over four decades, Rick Jasculca has been a leader in the field of strategic communications and special events management, first as an executive of an independent Chicago-based public relations firm, and since 1981, as CEO of the public affairs firm of Jasculca Terman. In his capacity as CEO for JT, Rick provides strategic counsel at the highest level to many of the firm’s corporate, institutional, not-for-profit, and governmental clients.
Independent of his career path in strategic communications, Rick twice served as a special consultant to the White House—first as both Press Lead and Lead Advance to the Carter White House, then for eight years as Senior Lead Advance to both President Bill Clinton and First Lady Hillary Rodham Clinton. In the latter capacity, Rick served as White House Project Coordinator for the 1994 Summit of the Americas in South Florida, the Wye River Middle East Peace Talks, and the inaugural Save America’s Treasures Tour; Advance Lead for The President for the G-8 Summits in Naples, Italy; Birmingham, England; and Okinawa, Japan; and Advance Lead for the First Lady for Hillary Clinton’s first solo overseas trip to India, as well as for her historic 1995 speech at the UN Women’s Conference in Beijing.
Rick continues to organize international missions, both for former President Jimmy Carter and The Carter Center, as well as for The Elders, a group of high profile elder statesmen and women who work together on some of the most intractable global problems, from the Middle East to Darfur.
Peter J. Karahalios, Chief Operating Officer, HealthNautica
Peter Karahalios is the Chief Operating Officer of HealthNautica. He acquired a stake in the company in May, 2004 and facilitated HealthNautica's recapitalization in December, 2011. Currently, Mr. Karahalios manages the day to day operation at HealthNautica.
Prior to joining HealthNautica, Mr. Karahalios co-founded Nebo Systems, Inc. in October of 1990. There he managed all Sales, Marketing, Client Development, M&A, HR, Accounting and Statistical Consulting functions. Early in his career, Mr.Karahalios provided bio-statistical consulting services to Abbott Laboratories and DuPont.
Mr. Karahalios holds a BA in Chemistry from Emory University and an MS in Bio-Statistics from the University of Illinois.
John P. Kayser, President of Kayser Family Foundation
Mr. Kayser served as a Partner at William Blair & Company, LLC. For over 14 years, he served as the Chief Financial Officer and Chief Administrative Officer, where he oversaw finance, accounting, legal, compliance, management information systems, human resources, facilities, marketing, and strategic planning. Kayser began his career as a Member of the Corporate Finance Department, focusing on debt and equity capital financings and mergers and acquisitions advisory. Mr. Kayser later headed equity syndicate operations. He was a Board Member of William Blair Mutual Funds Inc. Mr. John P. Kayser serves as a Member of the Advisory Board at Graue Mill Partners, LLC. He joined in March 2005 as Advisory Director. He serves on the Board of Directors of the Chicago Stock Exchange and several non-profit organizations. Since October 2006 he has been Independent Director of American Select Portfolio Inc. He serves as a Board Member of the King-Bruwaert House and has been a recent past President of both the University Club of Chicago and Hinsdale Golf Club. He spent four years at Borg-Warner Corporation where Mr. Kayser worked in a variety of financial positions at the corporate and divisional levels. Mr. Kayser holds an MBA. from the Graduate School of Business at Stanford University and a BA from Princeton University.
Kate Kennedy, Partner at HPM Partners
Kate is a Partner at HPM Partners, a national tax, planning and investment management firm. She is a partner in the Chicago office, the Practice Leader for Financial Planning, a member of the Firm’s management committee, and an advisor to clients.
Prior to joining HPM Partners, Kate was a Director (SVP) at Barclays Wealth and Investment Management, counseling corporate executives and high net worth individuals and families on their personal finances, taxes, investments, wealth transfer plans, and charitable initiatives. For ten years prior to her tenure at Barclays, she was a Partner of The Ayco Company, a Goldman Sachs Company, where she served as a lead advisor to many of the firm’s clients. Kate worked for nearly three years in the Family Wealth Planning practice of Arthur Andersen LLP. She began her professional career in 1992 as a corporate attorney in Chicago.
Kate earned her B.A. with Honors, from Williams College and her J.D. from the University of Chicago. She is a Certified Financial Planner and a member of the Illinois Bar. She is Treasurer and serves on the Board and Executive Committee of the Chicago Foundation for Women and on the Advisory Board for DePaul University’s Masters of Wealth Management Program.
Vince Kolber, RESIDCO, Founder and Principal
An innovator in transportation capital and alternative investments, Mr. Kolber started RESIDCO in 1982 and has completed both aviation and rail transactions through several major cycles in excess of $1.2BN, including syndications, non-recourse debt securitizations, restructurings, hedging projects and asset repositioning and remarketing assignments. Mr. Kolber pioneered the use of privately placed derivatives in large ticket equipment leasing, establishing extensive applications for residual value insurance and puts in both aviation and rail structured financings. These approaches have propelled RESIDCO as an alternative investment management company for institutional investors over several decades.
He has chaired the Equipment Leasing and Finance Association (“ELFA”), Aviation and Fair Business Practices Committees, and regularly volunteers as an ELFA lobbyist on Capitol Hill. He speaks for and writes on behalf of the transportation capital industry regularly.
Mr. Kolber holds an MBA from the University of Chicago and a BS from Wharton. Mr. Kolber is active in parochial school philanthropy through Sacred Heart and the Big Shoulders Foundation. He is active in the Heritage Foundation and serves as Chairman of the Chicago Committee and is active with similar think tanks and civic projects.
Phil Lumpkin, former Corporate VP for Provider Affairs, Blue Cross Blue Shield
Phil Lumpkin recently retired from Blue Cross Blue Shield where he served as Corporate Vice President for Provider Affairs. He was responsible for all networks of providers in the State of Illinois, and his principal role included contracting and network development for all of the programs Blue Cross offers (including HMO, PPO, and traditional insurance provider network panels). Additionally, he was responsible for provider education, outreach and all aspects of provider interface, such as technology solutions, government relations and provider relations. He led a staff of approximately 350 people with budget accountability at $20 Million. He was with Blue Cross for 31 years and served on many national initiatives involving healthcare, including the Illinois State initiative to gather health information for the dissemination to residents of the State of Illinois. Phil currently serves as President on the Board of River North Chicago Dance Company. He is an active member of the Arts and Business Council, an organization that serves to populate arts organizations with Board representation by providing training to both prospective board members and volunteers to small arts organizations with budgets under $1 million. He is also part of the capital campaign for the Lincoln Park Conservancy and serves on the membership development committee for the University Club of Chicago.
Dawn H. Miller, Director, Concern Chicago – Midwest Region
Dawn H. Miller is the Director of Concern Chicago, a nonprofit whose mission is to help people living in extreme poverty achieve major improvements in their lives that last and spread without ongoing support from Concern. Dawn was previously the Executive Director, Major Gifts at The Chicago Council on Global Affairs, the city’s leading think tank and public education institution on global affairs. She has vast expertise in nonprofit governance and fundraising. Prior to The Chicago Council, Dawn held similar positions at the Aspen Institute, the Peggy Notebaert Nature Museum, and United Way of Metropolitan Chicago.
Dan Proft, co-founder, Illinois Opportunity Project and radio talk show host, AM 560 The Answer
Dan Proft, co-founder of the Illinois Opportunity Project is an entrepreneur, editiorial contributor to the Chicago Tribune, former Republican candidate for Governor, and a radio talk show host formerly with WLS, and now with AM 560 The Answer in Chicago where he co-hosts the morning drive show from 5 - 9 am Monday - Friday with Amy Jacobson. Additionally, Proft works as a Senior Fellow at the Illinois Policy Institute, a free market think tank in Chciago. Proft also serves on the boards of the Disabled Patriot Fund, a non-profit that provides assistance to Illinois military families, Envision Unlimited, a non-profit in Chicago that serves developmentally disabled persons, and Aid for Women, a Catholic life-affirming pregnancy center in Chicago. Most importantly, Proft is an aspiring basketball coach. Proft earned his BA from Northwestern University, and his JD from Loyola University Chicago School of Law.
Cheryl Red, Wealth Management Investment Specialist, TIAA-CREF Trust Company
Cheryl Red is a Wealth Management Investment Specialist at TIAA-CREF Trust Company, FSB and works closely with participants and their advisors across the Midwest. She provides expertise and guidance in addressing the needs of the high net worth individuals and their families.
Prior to joining the Trust Company, Ms. Red was Vice President and Consultant at Nuveen Investments. As part of the Wealth Management Services Group at Nuveen, she researched, developed and presented on a variety of topics that were top of mind for wealthy families.
She also has served as an advisor to clients and spent the first 17 years of her career at Harris Associates, where she worked closely with portfolio managers and analysts of the Oakmark Funds.
Ms. Red is a Certified Financial Planner and has more than 25 years of experience in the financial industry.
Kevin Rochford, Managing Director & Senior Resident Officer, Bessemer Trust Company
Mr. Rochford manages Bessemer’s Chicago office as Managing Director and Regional Director. Prior to Bessemer, Mr. Rochford was a Managing Director for Nuveen Investments. Previously, he spent 13 years with Northern Trust, most recently as Chairman and CEO of Northern Trust’s Western Region. Mr. Rochford also held roles at the Board of Governors of the Federal Reserve System, Bankers Trust, and Chemical Banking Corporation. Mr. Rochford served as an artillery officer in the U.S. Marine Corps after college.
Mr. Rochford received his bachelor’s from Williams College and an M.B.A. from New York University. He serves on the boards of the Executive Service Corp, Lookingglass Theatre, and The Cradle, in Chicago. He is also a member of the Economic Club of Chicago.
Jeff Rubenstein, Attorney, Much Shelist
Jeffrey Rubenstein, an accomplished business lawyer with over 30 years of experience in tax, corporate and real estate matters, represents a variety of firms in the venture and middle markets. They comprise a broad array of businesses, among them public and private manufacturing, investment banking and financial services, health care, real estate and technology.
Jeffrey helps clients develop, form and create new businesses and ventures, including tax and financial structures. He has supported the growth of these entities by assisting in capital formation through private placements and public offerings, as well as advising clients in mergers and acquisitions. He has planned and developed successful programs for business and technology venture and real estate investments. Jeffrey's relationship with investment bankers, venture capital funds and private investment capital has facilitated many successful business enterprises.
Before joining the firm in 1991, Jeffrey was a name principal with the Chicago firm of Sachnoff, Weaver & Rubenstein, Ltd.
Jeffrey has been an Adjunct Professor of Law at Chicago-Kent College of Law since 1977 and has taught Advanced Taxation of Business Transactions, Partnership Taxation and Negotiations. In 2009, the Law School selected Jeffrey as the Adjunct Faculty Member of the Year.
Terry Savage, Financial Expert
Terry Savage is a nationally known expert on personal finance, the markets, and the economy. Terry is a regular blogger at the Huffington Post. She is a frequent guest on television and radio shows, including CNN, CBS, and appeared many times on Oprah!
Terry is in demand as a speaker at business meetings across the country. Her lively presentation style entertains as well as informs, whether talking about global economics, investing techniques, or personal finances. In 2012, Terry was named a “Top 5 Speaker” in Economics/Finance as a result of popular votes at the Speaking.com web site.
Terry’s most recent book is a new edition of The Savage Truth on Money, which was named one of the ten best money books of the year by Amazon.com in its first edition. Her other current best-selling book — The Savage Number: How Much Money Do You Really Need to Retire? — was published in Fall, 2009 and deals with issues in retirement planning and investing.
Susan Templeton, Managing Director, Taiber Kosmala, LLC
Susan is Managing Director of The Wealth OfficeTM at Taiber Kosmala, LLC and a member of the Investment Committee which sets investment policy for the firm. Her team provides investment counseling services to private foundations, family offices and trusts and other substantial investors.
Previously Susan was the founder of Stafford Wells Advisors, an independent fee only wealth management firm serving individuals, businesses and workplace retirement plans. She chaired the investment committee in conjunction with Taiber Kosmala, LLC and oversaw the planning and investments for twenty four families and several retirement plans.
Susan’s background includes leadership roles overseeing two mutual fund companies, The Newton Funds (a subsidiary of the M&I Corporation) and the William Blair Mutual Funds. Susan was a also partner with QIS Advisors, a quantitative money management firm serving institutional and high net worth investors.
Kevin Edward White, Principal, Kevin Edward White & Associates
Kevin Edward White is a litigation attorney specializing in complex corporate dispute resolution in the state and federal courts. In 2003, after some 20 years of litigating in the state and federal courts at Winston & Strawn in Chicago, Kevin founded his own litigation boutique, Kevin Edward White & Associates. Prior to his becoming involved with the Institute, Kevin served on the Board of Advisors of the Archbishop Quigley Preparatory High School, where he was a founding member of the Quigley Law Association. He is a graduate of Knox College and the University of Wisconsin Law School.
Thomas C. Wright, Retired Vice Chair of BMO Capital Markets
Thomas C. Wright retired at the end of fiscal 2008 as Vice Chair of BMO Capital Markets, the corporate and investment banking arm of Bank of Montreal, a more than $400 billion Canadian bank. Since that time, he has been actively involved with non-profit organizations, most notably as a Trustee, and former Executive Management Committee member, of the Ravinia Festival. He also provides strong support for educational institutions, including serving in an international advisory capacity for his alma mater, McMaster University in Canada, and as a mentor for business students at The Citadel in Charleston, South Carolina.
A US citizen but a native of Canada, Mr. Wright holds a Master of Business Administration degree from McMaster University in Hamilton, Ontario, and a Bachelor of Science degree from Queen`s University in Kingston, Ontario. He was formerly a member of the New York Stock Exchange and holds NASD licenses 7, 63, and 24 (inactive).
Roger R. Nelson, Retired Deputy Chairman, Ernst & Young, Chicago, IL
Roger Nelson is retired Deputy Chairman of consulting Services for Ernst & Young LLP, where he served a wide range of clients for over thirty years. At Ernst & Young, he served as a member of several committees, including the U.S. Management Committee, the Global Executive Board and the Global Council; in addition he served as Chairman of the U.S. Consulting Services Network, Chairman of the Global Consulting Services Executive Committee, and Chairman of the Global Consulting Services Council. His expertise lies in financial planning and control, information systems, performance measurement and general management projects for major multinationals.
He served for three years as an Adjunct Professor of Accounting and Information Systems at Northwestern University's J.L. Kellogg Graduate School of Management. During his career with E&Y, Mr. Nelson served as Vice Chairman-Management Consulting, Vice Chairman-Midwest Region, and Southwest Regional Director of Management Consulting Services. He was Partner in Charge of the consulting practice in the Chicago area and Partner in Charge of E&Y's Continental Europe consulting practice.
Mr. Nelson has served as a lecturer for the Conference Board and for the Management Centre of Europe on the topic of financial planning and foreign exchange management. He is a member of the AICPA, the Illinois CPA Society, the National Association of Corporate Directors, the President's Advisory Council of Northern Illinois University, the President's Advisory Council of Coe College, The Economic Club of Chicago, The Commercial Club of Chicago, and is Past President of the Union League Club Civic and Arts Foundation.
Mr. Nelson also serves on the Board of Directors of NerveWire, Inc. He is a graduate of Northern Illinois University with a B.S. Degree in Accountancy.
Dr. Sridhar (Sri) Ramamoorti, Director, Center for Corporate Governance, Kennesaw State University, Kennesaw, GA
Dr. Sridhar Ramamoorti, ACA, CPA/CITP/CFF/CGMA, CIA, CFE, CFSA, CGAP, CGFM, CRMA, CRP, CICA, MAFF, is currently an Associate Professor of Accounting and Director-Board Culture & Behavioral Dynamics, Center for Corporate Governance at Kennesaw State University, in Kennesaw, Georgia. He specializes in corporate governance, risk management, external and internal auditing, internal controls, and forensic accounting. A prolific contributor to the literature in governance, risk, and compliance, Dr. Ramamoorti is co-author of over 30 articles in respected academic and practitioner-oriented journals, as well as ten books and monographs. His newest book is ABC’s of Behavioral Forensics.
Dr. Ramamoorti has a unique, blended academic-practitioner background with over 30 years of experience in academia, auditing, and consulting. After finishing his Ph.D. in Quantitative Psychology from The Ohio State University, Dr. Ramamoorti served as an Accountancy faculty member of the University of Illinois at Urbana-Champaign. Subsequently, he was a principal in the Professional Standards Group of Arthur Andersen, Sarbanes-Oxley Advisor for Ernst & Young’s National Advisory Practices and a Corporate Governance partner with Grant Thornton. Prior to joining Kennesaw State University he was briefly a principal, Infogix Advisory Services, Infogix, Inc., a private company providing software-based control solutions across industries.
Active in the profession, he chairs the Committee on Governance, Risk & Compliance for Financial Executives International, as well as the Competitive Manuscript Award Committee of the American Accounting Association. Currently a member of the Board of Directors of the Institute for Truth in Accounting as well as the National Board of Ascend, he was most recently Co-Chair of the Institute of Internal Auditors’ (IIA) Global Common Body of Knowledge (CBOK) Study spanning over 100 countries. He has been the Chairman of the Academy for Government Accountability, and a Board member of The IIA Research Foundation, The Institute for Business and Professional Ethics at DePaul University, and the Institute for Fraud Prevention at West Virginia University.
Dennis H. Chookaszian, Director, Chicago Mercantile Exchange Holding, Inc.
Dennis Chookaszian is the former chairman and CEO of CAN Insurance Companies, which was a $17 billion multi line insurer with 20,000 employees, In his 26 years at CAN, Chookaszian served in numerous other executive capacities, including CFO, president, and COO; as well as serving as chairman of the Executive Committee.
Chookaszian, who is a CPA, served as chairman of the Financial Accounting Standards Advisory Council (FASAC), which advises the Financial Accounting Standards Board (FASB) on issues relating to the Board’s agenda, project priorities, and other timely and topical matters from January 2007 until December 2011. His background includes service on many AICPA and FASAB committees and task forces, and was one of the eight members of the Public Oversight Board Panel on Audit Effectiveness. He currently serves as a member of the Financial Crisis Advisory Group (FCAG), which is the International group that was formed to recommend solutions to the financial reporting issues related to the current financial crisis.
Mitchell Feiger, President and CEO, MB Financial, Inc.
Mr. Mitchell (Mitch) S. Feiger serves as the President and Chief Executive Officer of MB Financial Inc. Mr. Feiger has been the President of MB Financial Bank N.A. a subsidiary of MB Financial Inc. since March 31, 2011. Mr. Feiger served as the President and Chief Executive Officer at MB Financial Inc.’s predecessor company (Old MB Financial) from February 1999. He served as the Chief Executive Officer at Coal City Corporation from October 1998 to February 1999, and served as its President from 1992 to 1999. Prior to that, from 1992 to February 1999, Mr. FEiger served as Executive Vice President of Affiliated Banc Group. Mr. Feiger began his career with Touche Ross & Company in 1982. He has been a Director of MB Financial Inc. since 1992. Mr. Feiger has been an Independent Director of Calamos Asset Management Inc. since January 2007, serves as a Director of MB Financial Bank, N.A. (Illinois), Union Bank, N.A. and Abrams Centre National Bank, and serves as a Member of Corporate Board of Calamos Convertible Opportunities & Income Fund. Mr. Feiger received his MBA in 1982 from the University of Chicago Graduate School of Business and his Bachelor’s Degree in 1980 from the University of Illinois, Champaign.
David M. Walker, Founder and CEO, Comeback America Initiative, Former U.S. Comptroller General
Until September 2013 Walker was the Founder and CEO of the Comeback America Initiative (CAI). In this capacity he led CAI’s efforts to promote fiscal responsibility and sustainability by engaging the public and assisting key policymakers on a non-partisan basis to help achieve solutions to America’s federal, state and local fiscal imbalances.
Prior to this role, he served as the first President and CEO of the Peter G. Peterson Foundation. Previously, Walker served as the seventh Comptroller General of the United States and head of the U.S. Government Accountability Office (GAO) for almost ten years (1998-2008). This was one of Walker’s three presidential appointments, each by different Presidents, during his 15 years of federal service. Walker also has over 20 years of private sector experience, including approximately 10 years as a Partner and Global Managing Director of Human Capital Services for Arthur Andersen LLP.
Walker currently serves on various non-profit boards and advisory groups. He is also a member of the Accounting Hall of Fame, the Trilateral Commission, and the Sons of the American Revolution. Walker has won numerous leadership awards both domestically and internationally. He also has authored three books, with the latest one entitled "Comeback America: Turning the Country Around and Restoring Fiscal Responsibility" (2010), which is a National Bestseller. He is a frequent writer and media commentator, and is a subject of the critically acclaimed documentary I.O.U.S.A.