MONTHLY TOP MEDIA COVERAGE FOR MAY 2016

U.S. MEDIA

U of Chicago to create $50 million entrepreneurship center

Chicago Tribune via Associated Press - May 24, 2016 The school says the newly organized Polsky Center for Entrepreneurship and Innovation will combine activities of UChicago Tech, which helps launch starts-ups, and the Chicago Innovation Exchange. The exchange opened in October 2014 and has 2,200 members. It is incubating 20 companies and providing capital to start-ups via the $20 million UChicago Innovation Fund. Article also appeared in The Washington Times, Seattle Post Intelligencer, The Southern Illinoisan, Daily Progress, The News-Gazette, Press of Atlantic City, Tulsa World, The Roanoke Times.

U of Chicago Plans Creation of $50M Entrepreneurship and Innovation Center Source: U of Chicago Plans Creation of $50M Entrepreneurship and Innovation Center

NBC Chicago - May 24, 2016 The school says the newly organized Polsky Center for Entrepreneurship and Innovation will combine activities of UChicago Tech, which helps launch starts-ups, and the Chicago Innovation Exchange.The exchange opened in October 2014 and has 2,200 members. It is incubating 20 companies and providing capital to start-ups via the $20 million UChicago Innovation Fund. 

Invenergy’s Polsky Gives $35 Million to University of Chicago

Bloomberg - May 24, 2016 Michael Polsky, founder of energy developer Invenergy LLC, is giving $35 million to the University of Chicago to expand the entrepreneurial education program at the business school. The gift will expand the Polsky Center for Entrepreneurship and Innovation at the school’s Booth School of Business and streamline access to venture support resources for faculty, students, alumni, community entrepreneurs and corporate partners, the school said in a statement Monday.

Polsky Gift Highlights Chicago's Academic-Innovation-Entrepreneurship Link

Forbes - May 26, 2016 Polsky told the Chicago Tribune that the move is an attempt spread Booth’s entrepreneurial DNA – think GrubHub and Braintree, both of which started as student ideas competing in Booth’s vaunted New Venture Challenge – across the institution. “The university has recognized that and capitalized on that. It’s not just Booth anymore,” Polsky told the Tribune’s Blue Sky Innovation.

U. of C. gets $35 million from Invenergy founder Michael Polsky

Chicago Tribune - May 24, 2016 Clean energy power player Michael Polsky is donating $35 million to the University of Chicago, a gift that will expand the Polsky Center for Entrepreneurship and Innovation into a free-standing entity independent of the business school.

2 startups split top prize in Social New Venture Challenge

Chicago Tribune - May 26, 2016 AccessArc, which gives inmates more access to legal advocacy, and JoinGiving, which encourages nonprofit donation, tied for first place Tuesday in the University of Chicago’s Social New Venture Challenge.

Toilets and boxing: Top 10 startups at U.of C.'s New Venture Challenge

Chicago Tribune - May 26, 2016 Each team must have a least one University of Chicago graduate student. Most teams come from U. of C.'s Booth School of Business, which houses the Polsky Center.

New $35M donation expands Polsky Center at U of C

The Chicago Sun-Times - May 24, 2016 A $35 million donation will be used to expand the Polsky Center for Entrepreneurship and Innovation at the University of Chicago. The expanded Polsky Center will bring under one umbrella programs such as venture creation and education, technology commercialization and business incubation. The center also will create new programs such as fellowships to train founding chief executive officers and increased support for alumni entrepreneurs.

Polsky gives $35 million to expand University of Chicago entrepreneurship center

Crain's Chicago Business - May 24, 2016 The gift will unite the university's various arms aimed at fostering and commercializing innovative ideas under one roof at the Polsky Center. They include the Chicago Innovation Exchange, which provides startup incubator space at the university. John Flavin, executive director of the CIE, will lead the new Polsky Center starting in July, when it begins operations. The CIE then will be renamed the Polsky Innovation Exchange.

Women in Elite Jobs Face Stubborn Pay Gap

Wall Street Journal - May 19, 2016 Wage transparency—requiring employers to report salary data—is “just not going to move the needle much,” says Claudia Goldin, a Harvard University economics professor and one of the country’s foremost scholars on gender and pay. Prof. Goldin found in a 2010 paper that men and women earned almost the same salaries right after receiving University of Chicago M.B.A.s. At least a decade after graduating, the women earned 57% of their male classmates.

Waiting in Line for the Illusion of Security

New York Times - May 27, 2016 In an op-ed, Professor Richard Thaler of Chicago Booth writes with Sendhil Mullainathan, "There are many explanations for what has been happening at the airports, but, as economists, we naturally prefer a basic, economic one: When something is free, it is likely to be wasted."

 

Commentary: 8 big problems for women in the workplace

 

Chicago Tribune - May 19, 2016 One study, conducted by professors at Columbia, Northwestern and the University of Chicago, found that two-thirds of managers selected male job candidates, even when the men did not perform as well as the women on math problems that were part of the application process.

 

Despite new SEC rules, investors should see crowdfunding as gambling, not investing

Chicago Tribune - May 31, 2016 A recent report on alternative financing by the University of Cambridge Judge Business School and the Polsky Center for Entrepreneurship and Innovation at the University of Chicago Booth School of Business identified $36.17 billion in transactions in the U.S. in 2105.

India's Price Ceiling on Uber Rides Hurts Riders, Drivers, and the Economy

Forbes - Jun 01, 2016 A new paper by researchers (Chris Nosko) at the University of Chicago Booth School of Business the economics of Uber’s surge pricing demonstrates that in the absence of surge pricing at peak times wait times for rides increased from the average of less than three minutes for those willing to pay the surge pricing, to over fifteen minutes across the board.

Goolsbee: Nothing New in the Clinton Email Report

Fox Business (includes video) - May 27, 2016 Austan Goolsbee of the University of Chicago Booth School of Business on the Hillary Clinton email scandal and economic policy.

Fewer Workers Choose to Move to New Pastures

New York Times - May 24, 2016 “The cost of conducting these kinds of checks has declined,” said Steven J. Davis, an economist at the University of Chicago Booth School of Business, who has separately researched fluidity. Employers may like it because it helps them more efficiently screen candidates, but it also can make it harder for some potential workers. Article also appeared in MSN.com.

Top C.E.O. Pay Fell — Yes, Fell — in 2015

New York Times - May 27, 2016 Other media and technology chiefs picked up the slack. Sumner M. Redstone has routinely bestowed great riches upon his lieutenants, Mr. Dauman of Viacom, and Leslie Moonves, chief executive of CBS. Last year was no exception. ...“Every year they get paid more than they should due to that unusual governance situation,” said Steven N. Kaplan, a professor of finance at the University of Chicago Booth School of Business, referring to Mr. Moonves and Mr. Dauman. “Those guys may be going down once Sumner is gone.”

Chicago Embraces Entrepreneurship

Bloomberg (video) - May 26, 2016 Polsky Center for Entrepreneurship and Innovation Association Vice President John Flavin discusses startups and venture capital funding. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)

Peter Thiel Is Wrong Here, There Is No Mystery It's Only Measurement

Forbes - May 26, 2016 The mismeasurement hypothesis fails more specific tests, too. In January, Chad Syverson, an economist at the University of Chicago’s Booth School of Business, published a paper that is, in the understated language of economics research, a devastating rebuttal to the thesis.

Uber: Users Are More Likely To Pay Surge Pricing If Their Phone Battery Is Low

Forbes - May 25, 2016 Last year, Uber and The University of Chicago (Booth) professor Chris Nosko published a study about the effects of surge pricing. The study was based on an incident on New Year’s Eve two years ago when Uber was hit with a technical glitch that caused surge pricing in New York City to fail for around 26 minutes. The study concluded that without surge pricing Uber would not really function properly because you would not be able to push a button and get a ride within a few minutes.

Government's Role in the Rise of the Financial Sector

WNYC - May 20, 2016 "The government has been willing to allow the financial sector free reign during boom times — to expand debt, to expand leverage in order to boost profits," said Amir Sufi, economics professor at the University of Chicago. "But then they're not asked to bear the consequences if things go badly."

You Can't Find Investors Without Doing This

Fortune - May 20, 2016 What’s the best way for young startup owners to develop relationships with angel investors?” is written by Peter Wilkins, managing director of Hyde Park Angels and advisor to the University of Chicago Booth School of Business Social Enterprise Initiative.

India’s Jaitley Denounces Attacks on Rajan as Future Uncertain

Bloomberg - May 26, 2016 Rajan is a former chief economist of the International Monetary Fund and is currently on leave from the Chicago Booth School of Business. Unlike previous central bank governors, he has wandered into policy matters not usually associated with central banking. In October 2015, his outspoken call for tolerance amid a debate over religious discrimination agitated members of Modi’s party

What Narendra Modi Said When Asked About RBI Governor Raghuram Rajan

Wall Street Journal (blog) - May 26, 2016 Indian Prime Minister Narendra Modi on Wednesday declined to say whether he is in favor of Reserve Bank of India Governor Raghuram Rajan getting a second term in office, with the end of the central bank boss’s tenure only three months away. Mr. Rajan is a Booth School of Business professor and was appointed chief economist at the International Monetary Fund in 2003. After serving at the Washington-based fund, Mr. Rajan returned to India to work as an economic adviser to the government in Delhi.

The Fed Has Tightened Policy A Lot More Than You Think

Bloomberg - May 18, 2016 The "shadow rate is extracted from the whole yield curve," Jing Cynthia Wu, an associate professor at the University of Chicago's Booth School of Business, said in an e-mail. "It's the hypothetical short-end of the yield curve, if there is no zero lower bound" on the federal funds rate.

Ghost of Andrew Jackson Looms Over Too-Big-to-Fail Banks

Wall Street Journal - May 17, 2016 Speaking at the Minneapolis Fed conclave on too-big-to-fail banks, Luigi Zingales, a professor at the University of Chicago Booth School of Business, partly defended the former president. Mr. Zingales, who advocates a return to the Glass-Steagall separation of investment and commercial banking, argued that the consensus in favor of progressive financial regulations was originally formed with the help of certain “crazy people” and “strange folks” like Jackson. “This craziness and all this anti-New York feeling that permeated American politics had a big advantage – to make the financial industry more accountable, more fragmented, less powerful,” he said.

11 Amazing Lessons for Success From an Entrepreneur Who Hit It Big at 36

Inc. - May 17, 2016 At 21, newly back from working with the poor in Ecuador, Bryan Johnson had already decided to become an entrepreneur and not an employee. His goal was to retire young with enough money to make the world a better place. By 36, he had done just that. In an onstage interview last week with Inc. executive editor Jon Fine at the University of Chicago's Booth School of Business, Johnson explained to a standing-room-only audience just how he did it--and how he plans to meet his world-changing goals.

Clinton shapes potential new role for her husband

New York Times - May 17, 2016 Hillary Clinton is beginning to shape the role her husband would play in her administration, zeroing in on economic growth and job creation as crucial missions for the former president. ...“There is a practical puzzle of how a role like this would jibe with the existing cabinet members whose job is to work on the economy,” said Austan D. Goolsbee, an economic adviser to President Obama and a professor at the University of Chicago.

There will not be a 'Lehman moment' in India: RBI’s Rajan

CNBC - May 16, 2016 India's central bank governor has said there is no chance of a "Lehman moment" in India. Speaking to CNBC, Raghuram Rajan, the governor of Reserve Bank of India said while there is no banking crisis in India, it is important that banks clean up bad assets.

Trump is a 'rain doctor' during a drought

CNN Money (video) - May 13, 2016 Austan Goolsbee, one of President Obama's chief economic architects, is warning the American people not to buy what Donald Trump is selling. "The man has variously proposed declaring three simultaneous trade wars against three of our biggest trading partners," said Goolsbee, who was the youngest member of the Obama cabinet, and currently teaches economics at the University of Chicago's Booth School of Business.

Raghuram Rajan and the Dangers of Helicopter Money

The New Yorker - May 13, 2016 Raghuram Rajan, the governor of the Reserve Bank of India, is a rising star in central banking. Since moving to Delhi, in 2013, after taking a leave of absence from the University of Chicago’s Booth School of Business, where he is a professor of economics, he has presided over a period in which the Indian economy has performed better than that of many other developing economies. G.D.P. growth has rebounded from a slowdown, and the rate of inflation has been halved.

AQR Announces Winners of Fifth Annual Insight Award

CNBC - May 13, 2016 AQR Capital Management, LLC (“AQR”) today announced the winners of its fifth annual AQR Insight Award. First Prize was awarded to two papers: “A Tough Act to Follow: Contrast Effects in Financial Markets” by Samuel M. Hartzmark, Ph.D., University of Chicago Booth School of Business, and Kelly Shue, Ph.D., University of Chicago Booth School of Business and NBER; and, “Size Discovery” by Darrell Duffie, Ph.D., Graduate School of Business, Stanford University, and Haoxiang Zhu, Ph.D., MIT Sloan School of Management. Article also appeared in Yahoo Finance, Morningstar, Digital Journal and local news outlets.

Broadly, India is getting stronger: RBI’s governor

CNBC (Video) - May 13, 2016 Reserve Bank of India’s governor and Chicago Booth professor, Raghuram Rajan tells CNBC why India isn’t seeing a banking crisis and why there’s no chance of a "Lehman moment." Also appeared on Money-MSN.com and Yahoo Finance.

Obama's former economic advisor calls Trump's debt idea 'borderline insane'

Yahoo Finance (includes video) - May 12, 2016 President Obama’s former economic advisor Austan Goolsbee called Donald Trump’s idea of not fully repaying investors in U.S. Treasuries “borderline insane.” Pulling no punches, Goolsbee, currently a professor of economics at the University of Chicago Booth School of Business, continued about Trump saying, “Either he’s confused or he’s completely off-base…or both.”

U.S. State And Local Pensions Fund At Only Half The Levels Of Some OECD Countries

Forbes - May 11, 2016 Public employee pensions acknowledge funding shortfalls of roughly $1 trillion. But economists – in a poll commissioned by the University of Chicago’s Booth School of Business – almost universally believe public employee pension shortfalls are understated due to pensions’ use of non-standard accounting methods in which guaranteed benefit liabilities are “discounted” using the assumed return on an investment portfolio holding about three-quarters risky assets.

You're Not Out of Ideas, You're Just Lazy

Fortune - May 11, 2016 "Our sense is people leave some ideas on the table and stop prematurely, out of some sense they've exhausted the creative process," says Loran Nordgren, an associate professor of management and organizations at Kellogg. Nordgren conducted the research with Brian Lucas, who worked on the study as a Ph.D. student at Kellogg and is now a faculty member at the University of Chicago Booth School.

Why the Biggest Big-Box Stores Survive

The Atlantic - May 11, 2016 In an NBER working paper last year, Ali Hortaçsu and Chad Syverson, two economics professors at The University of Chicago’s Booth School of Business, looked at the major changes in the U.S. retail sector in the past 20 years. They found that, contrary to conventional wisdom, the rise of online retailers hadn’t brought about the demise of brick-and-mortar shopping.

Brokerages With Checkered Past to Face New Disclosure Focus, Finra CEO Says

Wall Street Journal - May 10, 2016 The Financial Industry Regulatory Authority intends to include on its BrokerCheck database new disclosures about where brokers accused of misconduct concentrate, going beyond current records about individual brokers, according to Richard Ketchum, the group’s chief executive. The decision follows academic research that found brokers with checkered histories are hired by firms that tend to themselves have higher rates of past misconduct. A paper published last month by researchers at the University of Minnesota and the University of Chicago found that 44% of brokers who lost their jobs for misconduct were hired by another firm within a year, while rates of past wrongdoing are more pronounced at particular firms.

Italy already played the Trump card and lost

Press Reader/Chicago Tribune - May 10, 2016 In an op-ed in the Chicago Tribune, Luigi Zingales writes, "With his big victory in Indiana, Donald Trump has all but secured the Republican presidential nomination. What nearly a year ago many considered a joke has now become reality, and it is time to consider the causes and the consequences of the Trump phenomenon."

Why You Should Never Hire Your Friend

Fortune - May 10, 2016 In an op-ed written by Ed Kaplan, founder of Zebra Technologies and title sponsor of the Edward L. Kaplan ’71 New Venture Challenge startup business launch competition at the University of Chicago Booth School of Business, he writes "It takes courage to become an entrepreneur. The most common mistake I see up-and-coming entrepreneurs make is underestimating how difficult it is to start your own business."

India Central Banker Rajan Says Unsure If Returning To Post

Forbes - May 09, 2016 Rajan was a professor at the University of Chicago Booth School of Business before accepting the post at the bank. He was chosen by Modi’s party rivals the Indian National Congress, and its Prime Minister Manmohan Singh. Modi was elected in May 2014.

The Economy Is Rigged, and Other Presidential Campaign Myths

New York Times - May 09, 2016 Trade hasn’t been a boon for people who have lost their jobs because of foreign competition. But in 2014, the University of Chicago’s IGM Panel surveyed prominent economists about whether “past major trade deals have benefited most Americans.” A few respondents were uncertain, but most said yes. Not a single economist responded in the negative.

How Trump could make America ‘the North Korea of economics’

Washington Post (blog) - May 06, 2016 The mere suggestion that holders of U.S. Treasuries might not be paid in full - a practice sometimes referred to as "haircutting" for bondholders - would be "insane" for Trump to make as president, said Austan Goolsbee, a University of Chicago economist who once chaired President Obama's Council of Economic Advisers. “It would lead to a financial crisis larger than 2008, if they went and haircutted U.S. Treasuries, which is supposed to be the safest asset in the world," Goolsbee said. “We should give that zero thought. Clearly Donald Trump gave it zero thought, and we should give it exactly that.”

Are you financially smarter than a sixth-grader?

Chicago Tribune - May 06, 2016 Since the recession, there's been much debate about whether students can be taught what's called "financial literacy." University of Chicago economist and "Nudge" co-author Richard Thaler contends research shows students forget their money lessons. But many of the studies focus on traditional memorization and test-taking. When a sixth-grader explains passionately how to go to the prom without spending $1,000 like her cousin, it sounds like the money lesson will stick.

Fundrise began as a way for locals to invest in their neighborhood. Now it’s something different.

Washington Post - May 06, 2016 A new report released in April from researchers at the Cambridge University and University of Chicago business schools found that in the past three years real estate crowdfunding has more than tripled annually, to $483.8 million in 2015.

Forget weak jobs report, this labor economist sees good things by Election Day

CNBC (includes video) - May 06, 2016 "GDP and jobs normally have a relationship. And that relationship has looked very strange lately," said Goolsbee, professor at the University of Chicago Booth School of Business.

Market will 'freak out' if Trump wins: Goolsbee

CNBC (video) - May 06, 2016 Mark Zandi, Moody's Analytics; Savita Subramanian, BofA Merrill Lynch; Kevin Hassett, AEI; and Austan Goolsbee, U.Chicago, discuss how an election year impacts markets and the economy. Also appears on Yahoo Finance and Money-MSN.com.

Commentary: To get Trump's appeal, look to why Italy elected Berlusconi

Chicago Tribune - May 06, 2016 In an op-ed, Chicago Booth Professor Luigi Zingales writes, "With his big victory in Indiana, Donald Trump has all but secured the Republican presidential nomination. What nearly a year ago many considered a joke has now become reality, and it is time to consider the causes and the consequences of the Trump phenomenon."

India’s Marriage Inflation Phenomenon

Wall Street Journal (opinion) - May 04, 2016 Mrs. Singh drilled her children on math and other subjects, with the goal of university in her long sights. She also earned a small income teaching primary school, which went toward sending her kids to secondary school in a bigger town nearby. Her eldest son, Vikash Singh, now works at Goldman Sachs in Bombay. He was the first India-based employee to win an annual employee scholarship, used to obtain an MBA at the University of Chicago. As it happens, one of the Chicago school’s most famous economists, Gary Becker, long ago published an influential theory on why dowry persists in some marriage markets, either formally or informally.

A Possible Cure for Japan's Low Inflation

Bloomberg View - May 03, 2016 The Bank of Japan wants to get those inflation expectations up to 2 percent -- but in doing so, it doesn’t want them ever to rise above 2 percent. That limitation could be self-defeating, according to a recent paper by professors Kinda Hachem and Jing Cynthia Wu of the Chicago Booth School of Business.

How To Find Data Stories That Speak To Decision-Makers

Forbes - May 02, 2016 This week, attendees of the University of Chicago Booth School of Business Alumni Innovation Roundtable listened as anthropologist Jonathan DeVito explained the importance of emotion and qualitative research methods that deliver emotional impact, to decision makers.

Illinois small-business retirement plan faces resistance

Chicago Tribune - May 02, 2016 Secure Choice was passed into law in 2015 as a way to give about 1.2 million employees of small companies a way to save money at work so they don't end up poor in retirement. Most small businesses don't offer retirement plans. Richard Thaler, a University of Chicago Booth School of Business financial behavior expert, told the Secure Choice board: "Why don't companies do this? Because it's a pain in the neck."

MEDIA OUTSIDE THE U.S.

HEC Paris dean Peter Todd on his plans for the business school

Financial Times - May 18, 2016 The goal, he suggests, is to raise HEC to match the best business schools in the world. “I want to do more and I want to leave the place in a better position,” he says. “If we’re really successful, I want to be in that conversation with Harvard, that conversation with Wharton, Chicago Booth, with London Business School and Insead, with the great schools of the world.”

The new Trump order: global trade growth stalls for first time since WW2

The Telegraph - May 17, 2016 Speaking at a conference in London last week, Charles Evans, a senior policymaker from the US Federal Reserve, said that “as an economist by training, I know that free trade has a lot of benefits." He is not alone. Not a single one of the leading economists on the Chicago Booth IGM economics economic experts panel disagrees with the claim that freer trade results in greater efficiency, and leads to better choices for consumers. Article also appeared in Money-MSN.com.

Hire people to do the things you are not good at, says restaurateur Danny Meyer

The Financial Times (blog) - May 16, 2016 If you could invite anyone to a business lunch, who would it be? My answer is always the New York-based restaurateur and hospitality guru Danny Meyer – and not just because it would likely mean having lunch at one of his restaurants. Last month I had a chance to hear Mr Meyer and the chief investment officer of his company Union Square Hospitality Group, Mark Leavitt, give insights into their careers at a lunchtime talk at Chicago Booth.

Bad loans continue to wipe out profits at banks

Livemint - May 16, 2016 The earnings reported by most lenders point to the fact that the problem of bad loans is a systemic one. Speaking at an event organized by the Chicago Booth Business School in London on Friday, Raghuram Rajan, the RBI governor, said, “(Non-performing loans) is an issue, but we have acted early enough on these concerns; so it’s manageable.” Separately, while speaking to business news channel CNBC, Rajan ruled out a “Lehman moment” in India.

Central Banks warned on stimulus overuse

Financial Times - May 16, 2016 Speaking to the Financial Times at the University of Chicago Booth School of Business in London, Mr. (Raghuram) Rajan criticised the use of fiscal policy, monetary policy and infrastructure programmes to boost growth rates in advanced economies.

Raghuram Rajan Floats 'Traffic Signal' Like Control On Central Bankers

Yahoo India Finance - May 10, 2016 Proposing 'traffic signal' like checks on central bankers, RBI Governor Raghuram Rajan today asked them to shun monetary policies that can negatively impact other economies, saying even India can follow the same rules in about a decade. ...Dr. Rajan, on-leave Professor of Finance at the University of Chicago's Booth School, will be addressing students and academics during the course of his UK visit this week. Article also appeared in Financial Express. NDTV.com, Economic Times.

A possible cure for Japan’s low inflation

Economic Times (blog) - May 04, 2016 The Bank of Japan wants to get those inflation expectations up to 2% — but in doing so, it doesn’t want them ever to rise above 2%. That limitation could be self-defeating, according to a recent paper by professors Kinda Hachem and Jing Cynthia Wu of the Chicago Booth School of Business. Hachem and Wu posit that many people forecast inflation simply by looking at how fast prices have recently been rising.

ALUMNI

PIMCO Portfolio Managers Dan Ivascyn and Alfred Murata to Join PIMCO Diversified Income Strategy

Bloomberg - May 27, 2016 Mr. Ivascyn is Group Chief Investment Officer and a managing director in the Newport Beach office. He has 24 years of investment experience and holds an MBA in analytic finance from the University of Chicago Graduate School of Business and a bachelor's degree in economics from Occidental College.

fi360 Hires New Chief Product And Strategy Officer

Yahoo Finance - May 26, 2016 fi360, an organization that provides fiduciary training programs and tools to help clients gather, grow, and protect assets through better investment and business decision-making, is proud to announce the hiring of John Faustino as its Chief Product and Strategy Officer. In addition to his industry experience, Faustino has a BS in Finance from the University of Illinois, MS in Decision Sciences from the London School of Economics, MBA from the University of Chicago's Booth School of Business, and MSIT from Northwestern University.

Exablox Promotes Shridar Subramanian to Chief Revenue Officer

Yahoo Finance - May 26, 2016 Mr. Subramanian received his Master of Science in computer science from Penn State University and his MBA from the University of Chicago. Article also in Morningstar, Virtual Strategy, EIN Presswire, TD Waterhouse.

James S. Kemper Foundation Appoints Jerry Fuller as President and Elects Joseph P. Lacher, Jr. as Chairman of the Board of Trustees

Business Wire/Yahoo! - May 20, 2016 Fuller earned his Bachelor of Arts degree from Northwestern University, his Master of Business Administration degree from the University of Chicago and attended Harvard Business School's Nonprofit Management Program.

Column: Low-income school districts caught in a statistical crossfire

Chicago Tribune - May 13, 2016 "I happen to have an MBA from the University of Chicago, and I still can't understand what this formula is," said state Sen. Jim Oberweis, R-Sugar Grove, during Tuesday's floor debate over a 453-page bill to overhaul the way the state pays for education and provide extra aid to Chicago and many other struggling systems. "My school districts … don't understand the formula."

Biotech's Top VC Is Random, Scattered, And Could Change Everything

Forbes - May 11, 2016 Venture capitalist Robert Nelsen is sitting on a couch in his office in Seattle dressed like a rock star in tight-fitting black jeans, a black T-shirt and motorcycle boots. It’s almost lunchtime, so he reaches into a duffel and pulls out two giant Ziploc bags, one containing prescription pills, the other stuffed with vitamins and supplements. The goal: a personal, n-of-1 experiment that’s aimed at extending his life and would never make it into any scientific journal. “If you’re going to be in the pharmaceuticals business, you should be willing to take them,” Nelsen quips. (Nelsen) went to college at the University of Puget Sound, majoring in biology and economics, and then got an M.B.A. at the University of Chicago.

Rodolfo Savitzky appointed as new CFO for Lonza Group

Yahoo India Finance - May 10, 2016 Rodolfo Savitzky (54) joined Lonza in March 2015 as Head of Finance & Controlling for the pharma and biotech segment. Previously, he was Chief Financial Officer for the Animal Health Division of Novartis. Prior to this position, Rodolfo Savitzky held various financial management positions with increasing responsibilities at Novartis and Procter & Gamble. He holds an MBA in Finance/Economics from the University of Chicago.

Growth Mutual Funds: 3 Long-Term Portfolio Managers to Consider

Money-MSN.com - May 09, 2016 The following mutual fund managers have achieved high-level performance for at least 15 years. ...Steven S. Wymer has worked at Fidelity Investments as a research analyst and portfolio manager since 1989, and took the helm of the Fidelity Growth Company Fund ("FDGRX") in 1997. Wymer completed his undergraduate education at the University of Illinois, and received an MBA degree from University of Chicago Booth School of Business in 1989.

Aqua America Announces Election of New Director

Bloomberg - May 06, 2016 Aqua America, Inc. announced today that its shareholders have elected Carolyn J. Burke, executive vice president, business operations and systems at Dynegy, Inc., as a director. ...Burke holds a bachelor’s degree in economics and political science from Wellesley College and earned her Master of Business Administration at the University of Chicago’s Booth School of Business. Article also appeared in Yahoo Finance, Morningstar, SYS.com and various local news outlets.

Medtronic Welcomes Karen L. Parkhill as Its New Chief Financial Officer

Yahoo Finance - May 04, 2016 Medtronic plc (MDT) announced today the appointment of Karen L. Parkhill as executive vice president and chief financial officer (CFO), effective June 20, 2016. Parkhill earned bachelor`s degrees in business administration and mathematics from Southern Methodist University in Dallas and an MBA from the University of Chicago Booth School of Business. She is a member of the International Women`s Forum and serves as a National Trustee for the Boys and Girls Club of America. Parkhill was recently named one of the "Top 25 Most Powerful Women in Banking" by American Banker Magazine.

Young Wins Indiana GOP Primary For Senate Seat

CBS Chicago - May 04, 2016 Indiana Republican voters chose Rep. Todd Young as their U.S. Senate nominee on Tuesday, opting for his pragmatism over a tea party-backed congressman who boasted of his obstructionist stance in Washington. Young served as a Marine intelligence officer. He has an MBA from the University of Chicago and is married to the niece of former U.S. Vice President Dan Quayle.

Envision Business Consulting® Hires New Vice President and Management Consultant Based in New York

Yahoo Finance - May 04, 2016 Envision Business Consulting, one of the fastest growing business consulting firms in Denver, today announces Peter Kahn has joined the company's flourishing Northeast practice as vice president and client partner lead. Kahn earned a B.A in Economics from Northwestern University, and an MBA with honors from the University of Chicago.

Jaguar Growth Partners Announces Key Appointments Of Three Senior Investment Executives

Bloomberg - May 04, 2016 Jaguar Growth Partners (Jaguar), a privately-held investment management firm, is pleased to announce the promotions of Christian Klotz and Antonio Allona to Principal, and Ricardo Costa to Vice President. Mr. Allona holds a double degree in Law and Business Administration from Universidad Pontificia Comillas in Madrid and received his M.B.A. with Honors from the University of Chicago, Booth School of Business. Article also appeared in Yahoo Finance, Morningstar, SYS.com and various local news outlets.

Sixpoint Partners Promotes Two; Announces Election of Matthew Thornton and Bobby Farina to Partner

Bloomberg - May 03, 2016 Sixpoint Partners ("Sixpoint"), a leading global investment bank serving the middle market alternatives industry, today announced the promotions of Matthew Thornton and Bobby Farina to Partner. Their promotions are effective immediately. Mr. Thornton graduated from Denison University with a BS in economics and received an MBA from the University of Chicago Booth School of Business. Article also appeared in Yahoo Finance, Morningstar and various local media outlets.