❊ W.L. Mellon Society Member
Marathon Oil Corporation elects M. Elise Hyland to board of directors
Marathon Oil Corporation elected ❊ M. Elise “Lisa” Hyland, MSIA ’00; E ’88, ’81, to the company’s board of directors. She most recently served as senior vice president of EQT Corporation and senior vice president and chief operating officer of EQT Midstream Services LLC until her retirement in 2018. During her career at EQT, she also served as executive vice president of midstream operations and engineering, president of commercial operations, and president of Equitable Gas Company. Hyland previously served as secretary and member of the board of directors of the Manchester Bidwell Corporation.
Hiroyuki Yoshimoto promoted to president and COO of Nidec Corporation
The world’s No.1 electric motor maker, Nidec Corporation, announced that Hiroyuki Yoshimoto, MBA ’02, will become its new president and chief operating officer. Nidec is one of the largest companies in Japan and has more than $14 billion sales revenue worldwide. Yoshimoto joined Nidec in 2015 and has been serving as president of Nidec Tosok, then became executive vice president and global head of the automotive business unit. Prior to joining Nidec, he was president at Nissan Motor (Thailand) Co. Ltd. After beginning his career at Japanese trading house Nissho Iwai, now Sojitz, Yoshimoto moved to General Electric Company in Japan, then moved to Nissan Group.
Patchara Samalapa rises to president of Kasikornbank
Kasikornbank’s board of directors has appointed Patchara Samalapa, BSIM ’92, as KBank’s new president, effective April 4, giving the bank four presidents at once. Samalapa started his career at Deutsche Morgan Grenfell Securities in Britain before working at Phatra Securities, Merrill Lynch Australia and Merrill Lynch Thailand. He was managing director of Kasikorn Asset Management Co. Ltd. and joined KBank in 2012 as executive vice president overseeing SME business and acting head of corporate business. He was later named senior executive vice president for SME, corporate and retail business. After earning his bachelor’s degree in industrial management from Carnegie Mellon, Samalapa earned an MBA from the Massachusetts Institute of Technology.
Travel book from Mike Howard published by National Geographic
Drawing from their around-the-world honeymoon and five years of traveling across more than 50 countries, Mike Howard, BSIM ’99, and his wife, Anne, co-authored National Geographic's first book on couples adventure travel, “Ultimate Journeys for Two.” In this 272-page, 325-photograph travel guide-meets-memoir, they curate the globe and offer tested-and-approved recommendations for intrepid couples, bringing culture, adventure and romance to any pair — no matter their age or budget. A serial entrepreneur since the age of 8, Howard went from starting a button business in his basement to launching one of the world’s first social networks. After growing Kiwibox to 2.6 million members, he took the company public in 2009 and left to become a digital marketing consultant working with Fortune 500 companies.
In 2011, Mike and Anne started their new life together with a honeymoon around the globe. HoneyTrek.com was created to share their adventures with family and friends, but as the years went on and stories of the “World's Longest Honeymoon” spread to international news outlets, they’ve grown their HoneyTrek family to over 80,000. HoneyTrek.com is an inspirational travel hub for hundreds of the world’s most spectacular destinations across seven continents and an acclaimed resource for insider recommendations, practical tips and inspiring stories. “Ultimate Journeys for Two” takes their five years on the road and pares it down to their favorite 75 destinations and best advice for traveling with the one you love.
Allan Zendel, MSIA’71, E ’69, invests in the future. With over 34 years of success as a financial advisor, Allan’s innovative investment strategies have helped to ensure that his clients’ goals become a reality. When creating his own legacy, Allan gives back to the Tepper School by making a qualified charitable distribution from his IRA. This tax-smart strategy, sometimes also called an IRA charitable rollover, allows Allan to reduce his taxable income while satisfying his required minimum distribution from his IRA.
If You Are Over Age 70 1/2 Contact the Office of Gift Planning at 412-268-5346 or email@example.com to find out how this strategy can help you invest in the next generation of Tepper School leaders.
Paul Wellener enters new role at Deloitte
Deloitte appointed ❊ Paul Wellener, MSIA ’86, as vice chairman of Deloitte LLP and leader of the industrial products and services practice in the United States. In his new role, Wellener is responsible for driving key industrial products and services sector initiatives, growing the practice across all businesses and working closely with senior leaders of the organization and their clients, which include over 95 percent of the industry’s Fortune 500 companies. Based in Cleveland, Wellener also serves as Deloitte’s managing principal of northeast Ohio. “The industrial products industry is experiencing a time of rapid change and uncertainty as globalization, advanced technologies, the skills gap and the evolution of Industry 4.0 reshape the industry,” Wellener said. “This is an exciting time to lead the industrial products practice as we work with our clients to navigate the changing landscape.” A principal in Deloitte Consulting LLP, Wellener has 28 years of experience in the industrial products and automotive sectors and has focused on helping organizations address major transformations. His global experience spans work with teams in Asia, Europe and South America. Wellener served on the Tepper School Alumni Board from 2010 to 2016 and was president from 2012 to 2014.
Hudson Bay Company names Edward Record CFO
The Hudson Bay Company (HBC) named Edward Record, MSIA ’96, as chief financial officer. He reports to the CEO and serves as a member of the company’s operating committee. The oldest company in North America, HBC boasts a portfolio including Hudson’s Bay; Lord & Taylor; Saks Fifth Avenue; Gilt; Saks Off Fifth; Galeria Kaufhof, the largest department store group in Germany; and Belgium’s only department store group, Galeria Inno.
With more than 25 years of experience, Record has overseen financial and operational performance for several large national retailers. He joined HBC after more than three years as chief financial officer for J.C. Penney Co. (JCP). During his time with JCP, Record helped dramatically improve the company’s capital structure, reduce its debt leverage and significantly improve its credit rating through multiple upgrades. Prior to JCP, Record served as executive vice president and chief operating officer of Stage Stores, and previously as its chief financial officer. Record has also held executive leadership positions in finance at Kohl’s and Belk. Record began his extensive career in retail at Kaufmann’s, a division of May Department Stores, holding various roles across the finance department, ultimately working his way up to vice president of finance and controller.
Pamela Barnhill honored as an influencer in the hospitality industry
Pamela Barnhill, MBA ’01, the president and COO of InnSuites Hospitality Trust, IBC Hospitality Technologies and IVH Travel, was recognized in the hospitality industry by two separate top industry publications. In the September 2017 Lodging Magazine, Barnhill was recognized as one of the top 20 female leaders in its article “Making Their Mark in Hospitality.” On Oct. 3, 2017, Hotel Management magazine recognized Barnhill as one of the “30 Influential Women in Hospitality.” These two industry publications recognize Barnhill’s substantial influence in the fast-changing hospitality technology and services industry. She is married to Shane Barnhill, MBA ’03, and is the daughter of James Wirth, MSIA ’69.
Looking for a great way to help your alma mater? Get involved with our MBA recruiting by referring top talent to the program. Pass this page to a friend and when they enter the code RAFAM2017 at the website below, the $200 application fee will be waived.