Annual Report to Investors - The American College
Annual Report to Investors - The American College
Annual Report to Investors - The American College
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Looking Back.<br />
Thinking Ahead.<br />
<strong>Annual</strong> <strong>Report</strong><br />
To Inves<strong>to</strong>rs<br />
2013
10<br />
A DECADE OF PROGRESS<br />
2003<br />
Dr. Bar<strong>to</strong>n’s Presidency Begins<br />
Larry Bar<strong>to</strong>n, CAP ® , Ph.D., joined <strong>The</strong> <strong>American</strong> <strong>College</strong> in the summer of 2003.<br />
His visionary leadership <strong>to</strong>ok the educational institution focused on the financial<br />
services profession in<strong>to</strong> the digital era.
Dear Friend of Our <strong>College</strong>:<br />
This is my final letter <strong>to</strong> you as President and Chief Executive Officer of <strong>The</strong> <strong>American</strong> <strong>College</strong>.<br />
A decade ago, our <strong>College</strong> faced very serious issues. After accepting the role of President in 2003, but before arriving<br />
in Bryn Mawr, I enrolled in the Essentials of Life Insurance course so I could begin <strong>to</strong> understand the student experience.<br />
When a box arrived in San Francisco a week later, there were two books and eight cassette tapes. My wife Eliza and I<br />
struggled <strong>to</strong> find a Radio Shack in the Bay Area that even sold cassette players! That was the beginning of an awakening:<br />
a great institution was tired. It had not kept pace... with technology… in faculty development… with financial<br />
discipline… in making courageous decisions.<br />
Thanks <strong>to</strong> hundreds of wonderful men and women, we rallied.<br />
Members of our Board of Trustees and Foundation Board supported a vision that required we monetize our<br />
physical campus so we could reinvest in the dream of Dr. Solomon S. Huebner, the founder of <strong>The</strong> <strong>American</strong> <strong>College</strong>.<br />
As a result, we introduced five new centers of excellence in veterans’ affairs, women’s studies, retirement, practice<br />
management and ethics. We recruited <strong>to</strong>p faculty members from other institutions. An Alumni Association, allowing<br />
graduates <strong>to</strong> connect and learn with live programs nationally, was introduced. We then built <strong>The</strong>WealthChannel.com<br />
and <strong>The</strong> Wealth Channel Magazine <strong>to</strong> keep learning alive, pertinent and as close as your mobile device. We developed<br />
the nation’s first Ph.D. in Financial and Retirement Planning. <strong>The</strong>se and other efforts enhanced a remarkable citadel<br />
of learning.<br />
<strong>The</strong>se actions also required unpopular decisions. I had <strong>to</strong> freeze a defined benefits plan for all employees and an<br />
overly generous retiree package that included lifetime medical coverage for employees and their spouses. Over 100<br />
people out of approximately 240 persons were eventually replaced within our ranks as skill sets and our financial<br />
status were scrutinized. Some decisions led <strong>to</strong> <strong>to</strong>xic accusations by reckless people who claimed <strong>to</strong> love <strong>The</strong> <strong>College</strong>,<br />
but whose personal agendas were transparent.<br />
Somehow, thanks <strong>to</strong> leaders from great organizations and many independent advisors, we remained focused on<br />
“What would Dr. Huebner do” Ultimately, rebuilding <strong>The</strong> <strong>College</strong> and then embarking on the One Person campaign<br />
<strong>to</strong> achieve $50 million in new funding became a magnet for a sense of “I Believe.”<br />
In the next phase of my life, I am excited <strong>to</strong> now serve as Chancellor of <strong>The</strong> <strong>American</strong> <strong>College</strong> and continue as the<br />
O. Alfred Granum Chair in Management. This allows me <strong>to</strong> serve our institution in a capacity of thought leadership,<br />
and my first passion, that of teacher.<br />
To each of you, for your engagement and generosity, thank you. Your stewardship ensures that <strong>The</strong> <strong>College</strong> will<br />
continue <strong>to</strong> thrive and change - always forward looking - as higher education itself experiences rapid transformations.<br />
It has been an exciting and rewarding decade… and, with your continued support, the best is yet <strong>to</strong> come.<br />
Sincerely,<br />
Larry Bar<strong>to</strong>n, CAP ® , Ph.D.<br />
2004<br />
MSM Reinvigorated<br />
Only two students were enrolled in a dying program<br />
when the Masters of Science in Management degree<br />
was resurrected with a new emphasis in leadership.<br />
<strong>The</strong> first class with this new emphasis graduated in<br />
June 2005.<br />
First Knowledge Summit Held<br />
<strong>The</strong> first major Knowledge Summit educational<br />
event was held in conjunction with commencement<br />
ceremonies on December 6, 2004 in New York City.<br />
1
A Decade of Progress<br />
What a difference a decade makes! In ten years, a lot has<br />
changed about <strong>The</strong> <strong>American</strong> <strong>College</strong>. Major progress has<br />
been made in the area of academics, from new designations,<br />
<strong>to</strong> new centers, <strong>to</strong> a groundbreaking new Ph.D. program.<br />
<strong>The</strong> <strong>College</strong> has also made advances in terms of its financial<br />
strength and stability. In 2010, the board also approved the<br />
$50 million campaign, “One Person: Transforming Lives with<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>.”<br />
With support from more alumni and corporate partners<br />
than ever before, <strong>The</strong> <strong>College</strong> has reached more new heights<br />
in the last decade than ever before.<br />
Financial Strength<br />
Michael C. Davidson,<br />
MSM, CLU ® , CAP ®<br />
“Dr. Bar<strong>to</strong>n has had an immeasurable positive<br />
impact on <strong>The</strong> <strong>College</strong>. During his period of<br />
leadership, he has guided the institution <strong>to</strong> a level<br />
that is the envy of all financial services educational<br />
institutions. Dr. Bar<strong>to</strong>n has been a significant change<br />
agent. <strong>The</strong> changes he put in<strong>to</strong> place will have a<br />
lasting, positive impact for many years <strong>to</strong> come,“<br />
said Mike Davidson, MSM, CLU ® , CAP ® immediate<br />
past president of the Board of Trustees. Davidson<br />
was appointed Acting President of <strong>The</strong> <strong>College</strong> early<br />
in 2014 while the search for Dr. Bar<strong>to</strong>n’s<br />
replacement is launched.<br />
Permanently Restricted<br />
Net Assets<br />
Temporarily Restricted<br />
Net Assets<br />
Unrestricted Net Assets<br />
Liabilities<br />
In the last 10 years, under Dr. Bar<strong>to</strong>n’s leadership, there has<br />
been consistent, impressive growth of both <strong>to</strong>tal assets and<br />
net assets.<br />
<strong>The</strong> uptick in 2007 reflects the monetization of the<br />
campus and the downturn in 2008 reflects market<br />
downturns impacting <strong>The</strong> <strong>College</strong>’s investment<br />
portfolio value. <strong>The</strong> liabilities are the gap between the two<br />
lines. This shrinks noticeably with the sale of the campus<br />
and the retirement of the long-term bond debt in 2007.<br />
To further illustrate the improved financial state of the<br />
<strong>College</strong>, this chart reflects the change in this side of the<br />
balance sheet comparing 2002 <strong>to</strong> 2013.<br />
In addition <strong>to</strong> the growth in equities from about<br />
$32 million in 2002, <strong>to</strong> about $90 million in 2013,<br />
liabilities also declined during this period.<br />
2005<br />
2<br />
Alumni Association Started<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong> creates an organization<br />
<strong>to</strong> support the education and careers of 150,000<br />
alumni in 2005. Sal Farina, CLF, CLU ® , ChFC ® ,<br />
MSM is our first president.<br />
<strong>The</strong> Wealth Channel ® Launched<br />
Dr. Bar<strong>to</strong>n creates a model <strong>to</strong> capitalize on our digital<br />
knowledge assets. This free online source of video-ondemand<br />
services began providing students and alumni with<br />
interviews of industry thought leaders on a variety<br />
of relevant <strong>to</strong>pics.
<strong>The</strong> Legacy of Dr. Bar<strong>to</strong>n—In <strong>The</strong>ir Words<br />
Todd M. Schoon, JD, CLU ® , ChFC ®<br />
Chairman, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Board of Trustees<br />
“<strong>The</strong> <strong>College</strong> has accomplished so much over the last 10 years<br />
under Dr. Bar<strong>to</strong>n’s leadership. He has put <strong>The</strong> <strong>College</strong> back on<br />
the map. He has both kept us engaged with traditional companies,<br />
and expanded our scope <strong>to</strong> all of financial services—all<br />
while keeping us aligned with Solomon Huebner’s vision and<br />
grounding us in our purpose. Ultimately, everyone has benefitted,<br />
most especially the consumer. I’ve been continually<br />
reminded while serving as Trustee Board Chair of how his presence<br />
and persona pull people <strong>to</strong>ward him. His personal charisma<br />
and deep conviction regarding the mission of <strong>The</strong> <strong>College</strong> are<br />
contagious. As Chancellor of <strong>The</strong> <strong>College</strong>, he will be in position<br />
<strong>to</strong> do what he does best – share the s<strong>to</strong>ry of <strong>The</strong> <strong>College</strong> broadly<br />
with more people, without being encumbered with the demands<br />
of day-<strong>to</strong>-day operations. Elevating him <strong>to</strong> Chancellor plays <strong>to</strong><br />
Dr. Bar<strong>to</strong>n’s strengths. <strong>The</strong>re is every reason for a great sense of<br />
confidence that <strong>The</strong> <strong>College</strong> will continue <strong>to</strong> move forward in a<br />
positive way without missing a beat. “<br />
Frederick J. Sievert, MSM<br />
Life Trustee, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
“Larry unselfishly gives me way <strong>to</strong>o much credit for turning<br />
around the institution in 2006 and 2007. <strong>The</strong> truth is he deserves<br />
the credit. Leading a very able staff, he was the one who developed<br />
the long term vision and strategies, and executed them<br />
skillfully over the past decade. He transformed <strong>The</strong> <strong>American</strong><br />
<strong>College</strong> in<strong>to</strong> the citadel of education and learning for our industry.<br />
And he <strong>to</strong>ok what appeared <strong>to</strong> be a dying institution and made it<br />
extraordinarily relevant once again. All of us in the industry owe<br />
him a debt of great gratitude.”<br />
Reginald N. Rabjohns, CLU ® , ChFC ®<br />
Campaign Chair, <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Foundation Board of Direc<strong>to</strong>rs<br />
“Larry is highly motivated <strong>to</strong> perform at superior levels, and he<br />
has! He didn’t come from the insurance or financial services<br />
business. His training, knowledge, prejudices, and beliefs about<br />
our business and the people and companies that make it work<br />
were not identical, nor traditional for the majority of us, making<br />
his presidency and his achievements, I believe, the most important<br />
in our <strong>College</strong>’s his<strong>to</strong>ry since Dr. Huebner opened the doors<br />
in 1927. He is a leader, inspirational and visionary, not held back<br />
by ‘this is how we’ve always done it!’ He has built a great team<br />
of professionals, and a powerful and diverse Board of committed<br />
leaders. He also just happens <strong>to</strong> be a great guy.”<br />
Peter C. Browne, LUTCF<br />
Chairman, <strong>The</strong> <strong>American</strong> <strong>College</strong> Foundation<br />
Board of Direc<strong>to</strong>rs<br />
“I can sum it up in one word: legacy. He has a legacy and that is<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>. He has transformed it. From the time he<br />
came on board, <strong>The</strong> <strong>College</strong> <strong>to</strong>ok an entirely different turn. He<br />
had no idea how grave the financial situation was. He managed<br />
<strong>to</strong> pull everyone <strong>to</strong>gether <strong>to</strong> come <strong>to</strong> a common agreement. He<br />
consolidated things. He got people <strong>to</strong> do things they hadn’t done<br />
before. He put <strong>to</strong>gether a strong team and got the board engaged.<br />
And he stayed for the long haul, bringing <strong>The</strong> <strong>College</strong> in<strong>to</strong><br />
the modern era of financial services education. His wife, Eliza,<br />
has complemented his involvement, and that’s been very, very<br />
important. With him at the helm, <strong>The</strong> <strong>College</strong> is recognized in<br />
the industry as a strong educational institution with an<br />
endowment that now has a value in excess of $100 million. “<br />
2006<br />
Diversity Matters<br />
First held in 2006 with founding sponsor MetLife, the Conference of African <strong>American</strong> Financial<br />
Professionals brings <strong>to</strong>gether leading companies from across the industry <strong>to</strong> further the<br />
education, advancement and heritage of African <strong>American</strong> financial professionals.<br />
3
<strong>The</strong> Future of Education<br />
. .<br />
<strong>The</strong> doc<strong>to</strong>ral program at <strong>The</strong> <strong>American</strong> <strong>College</strong> is one-of-a-kind. With a focus on financial and retirement<br />
planning, this Ph.D. is uniquely geared <strong>to</strong>ward our profession and the issues that impact it the<br />
most. This year has been busy for the program. Following a spring dedication ceremony at New York<br />
Life’s headquarters, thanks <strong>to</strong> the company’s significant gift supporting the program, the first class of<br />
students began work in July. <strong>The</strong> second class commenced in Oc<strong>to</strong>ber, and demand for the June 2014<br />
class continues <strong>to</strong> climb.<br />
Dr. Wade Pfau, CFA<br />
<strong>The</strong> Ph.D. program is supported by several new additions, as well as veterans<br />
of the faculty. Dr. Melisande McCrae joined <strong>The</strong> <strong>College</strong> as Associate Dean of<br />
Academics and will serve as the Executive Direc<strong>to</strong>r of the Ph.D. program. Dr.<br />
Wade Pfau, CFA, Professor of Retirement Income, was recruited from Japan<br />
and joined the team in 2013.<br />
Dr. Melisande McCrae<br />
Other critical faculty members include Dr. David Nanigian, Associate<br />
Professor of Investments, Dr. Craig Lemoine, CFP ® , Assistant Professor of<br />
Financial Planning, and Julie Ragatz, a Ph.D. candidate at Temple University<br />
who is Assistant Professor of Ethics and Direc<strong>to</strong>r of the Cary M. Maguire<br />
Center for Ethics in Financial Services at <strong>The</strong> <strong>American</strong> <strong>College</strong>.<br />
Dr. Craig Lemoine, CFP ®<br />
This year also saw the launch of a new test prep program for the<br />
Chartered Financial Analyst ® . Similar <strong>to</strong> <strong>The</strong> <strong>College</strong>’s market for<br />
CFP ® prep, this program, Analyst Success, will educate students<br />
who are pursuing a widely respected designation conferred by an<br />
outside institution.<br />
<strong>The</strong> Analyst Success program provides candidates with a simple,<br />
effective learning experience so they can be more successful taking<br />
the challenging CFA ® exams. By combining the <strong>to</strong>p subject-matter<br />
experts in the CFA ® field, new learning technology, and an easier,<br />
bundled delivery, <strong>The</strong> <strong>College</strong> is reinventing the way candidates<br />
prepare for their exams worldwide.<br />
CFA Institute does not endorse, promote, or warrant the accuracy or quality of<br />
the products or services offered by Analyst Success. CFA ® and Chartered Financial<br />
Analyst ® are trademarks owned by CFA Institute.<br />
2007<br />
New York Life Center for Retirement Income Launched<br />
<strong>The</strong> New York Life Center for Retirement Income was created <strong>to</strong> empower financial services professionals<br />
on this critical and evolving field of retirement income security. Frequent research papers and webinars are<br />
intended <strong>to</strong> leverage data directly <strong>to</strong> advisors.<br />
4
HS<br />
Heubner School<br />
Centers of Excellence<br />
<strong>The</strong> State Farm Center for Women and<br />
Financial Services<br />
<strong>The</strong> Center hosted the second annual Women’s Leadership<br />
Academy Summit from April 17-19 in Grapevine, Texas. <strong>The</strong><br />
participants engaged in rigorous academic coursework, listened<br />
<strong>to</strong> keynote speakers and panelists talk about the industry from a<br />
female perspective, and exchanged insightful ideas while networking<br />
with one another. During the recognition luncheon, the<br />
Center acknowledged the cohort of women who completed the<br />
CLF ® program after beginning their studies at last year’s WLA<br />
Summit.<br />
<strong>The</strong> Northwestern Mutual Granum Center for<br />
Financial Security<br />
<strong>The</strong> Granum Center has sponsored compelling research on how<br />
consumers are using social media <strong>to</strong> connect with advisors. More<br />
than 1,000 consumers and 250 advisors participated in the study,<br />
which yielded results that guide advisors in crafting a social media<br />
marketing strategy that creates a positive online perception. In<br />
partnership with Texas Tech University, the Center also conducted<br />
research on assessing current levels of financial literacy among<br />
the millennial population.<br />
<strong>The</strong> Penn Mutual Center for Veterans Affairs<br />
<strong>The</strong> Center for Veterans Affairs appointed Ted Digges <strong>to</strong> the<br />
position of Direc<strong>to</strong>r. He previously worked for Merrill Lynch,<br />
where he developed effective financial planning strategies for<br />
high net worth clients. With a military career spanning 27 years<br />
FA<br />
Financial Advisor<br />
in the U.S. Navy, Ted gained experience in strategic planning,<br />
cus<strong>to</strong>mer service, logistics and program management. A<br />
graduate of the U.S. Naval Academy, Digges holds a Masters in<br />
Management, a Masters in National Security and International<br />
Studies and is a graduate of the Darden School’s Executive<br />
Program at the University of Virginia. He will help the Center<br />
increase its impact in providing scholarships <strong>to</strong> deserving veterans<br />
who are pursuing a career in financial services.<br />
<strong>The</strong> Cary M. Maguire Center for Ethics in<br />
Financial Services<br />
<strong>The</strong> Center for Ethics sponsored the 4th <strong>Annual</strong> Cary Maguire<br />
Lecture in Applied Ethics. <strong>The</strong> presenter was Dr. Anthony<br />
Catanach, the Cary M. Maguire Fellow in Applied Ethics. His<br />
presentation, “Re-engineering the Ethical Culture in Financial<br />
<strong>Report</strong>ing,” highlighted the practices that render financial<br />
statements less than meaningful <strong>to</strong> inves<strong>to</strong>rs. <strong>The</strong> Center also<br />
hosted two Corporate Members-Only Retreats and the 13th<br />
<strong>Annual</strong> James A. and Linda R. Mitchell Forum on Ethical<br />
Leadership in Financial Services.<br />
<strong>The</strong> New York Life Center for Retirement Income<br />
<strong>The</strong> NYLCRI has been a driving force in developing the<br />
Retirement Income Certified Professional ® designation. This is the<br />
largest and fastest area of growth in academics at <strong>The</strong> <strong>American</strong><br />
<strong>College</strong>. <strong>The</strong> NYLCRI also recently rolled out a robust, new<br />
website with advanced search functions that allow for easy access<br />
<strong>to</strong> over 300 videos on various retirement income planning <strong>to</strong>pics.<br />
as seen in USA Today<br />
Another new program has gained traction in 2013. <strong>The</strong> Retirement Income Certified<br />
Professional ® designation has become the fastest program <strong>to</strong> launch in the institution’s<br />
his<strong>to</strong>ry and demand has driven its registrations <strong>to</strong> over 3,000. Since the program’s recent<br />
launch in 2012, there are already 270 completers that hold this designation. <strong>The</strong> program<br />
complements the CASL ® designation that has existed for many years at <strong>The</strong> <strong>College</strong>.<br />
GS<br />
David A. Littell, JD,<br />
ChFC ® , CFP ®<br />
2008<br />
Campus Learning Center<br />
Graduate School<br />
A state-of-the-art learning center complete with video and audio conferencing equipment and<br />
a professional HD studio for filming course content was completed and funded by MetLife. <strong>The</strong><br />
advanced facility offers one of the most technology-driven centers where up <strong>to</strong> 40 advisors and<br />
leaders can meet for courses and retreats.<br />
5
Student and Alumni Engagement<br />
Market analyst Kenny Polcari, CNBC commenta<strong>to</strong>r, is Adjunct Professor of Market Dynamics.<br />
Whether you are a new student, recent graduate, or longtime<br />
alumnus of <strong>The</strong> <strong>American</strong> <strong>College</strong>, there are more opportunities<br />
<strong>to</strong>day than ever before <strong>to</strong> engage with <strong>The</strong> <strong>College</strong>. Events like<br />
the Knowledge Summit, LIVE Alumni Tours, the Travel-Learn<br />
Cruise and Conference of African <strong>American</strong> Financial Professionals<br />
are fantastic for networking and continuing education credits.<br />
<strong>College</strong> recently added adjunct faculty members <strong>to</strong> supplement<br />
the full-time faculty members. Open enrollments are held in the<br />
suburbs of Philadelphia, in Chicago and in South Florida. One of<br />
the most popular new IRPs is a review for the CFP ® exam, taught<br />
by instruc<strong>to</strong>rs who have served on the CFP ® Board.<br />
<strong>The</strong> 2013 Knowledge Summit was the most successful ever, with<br />
more than 2,000 registrations and 1,300 people “walking” at<br />
commencement. <strong>The</strong> LIVE Alumni Tour visited three cities—Miami,<br />
Bos<strong>to</strong>n and Los Angeles—with sellout crowds and popular<br />
speakers. Alumni were able <strong>to</strong> network with each other across the<br />
country, while learning helpful tips <strong>to</strong> improve their practice.<br />
Students are benefiting from more interaction with <strong>The</strong> <strong>College</strong><br />
and its faculty. <strong>The</strong> <strong>College</strong> continues <strong>to</strong> have a widely respected<br />
online delivery system, but is also seeing demand increase for<br />
its Intensive Review Programs. Known as IRPs, this method of<br />
instruction involves a 2.5-day live classroom environment. Highly<br />
qualified faculty provide students with 16 hours of intensive<br />
review of all the major course concepts, and end the program<br />
with a final exam. <strong>The</strong> IRP enables students <strong>to</strong> move through<br />
coursework quickly and conveniently, and engage directly with<br />
college faculty. IRPs are more popular than ever before, whether<br />
held during an open enrollment or through company-exclusive<br />
offerings. In 2013, <strong>The</strong> <strong>College</strong> held 149 IRPs, compared with<br />
110 in 2012, a 30 percent increase. Demand is so high that <strong>The</strong><br />
Jennifer Borislow, CLU ® (right), President of Borislow Insurance and Immediate<br />
Past President of MDRT, moderated a panel discussion on sales and<br />
marketing tips at <strong>The</strong> <strong>American</strong> <strong>College</strong> LIVE Alumni Tour in Bos<strong>to</strong>n on May<br />
30, 2013. Panel members included (from left) Michael F. Barry, MSFS, CLU ® ,<br />
ChFC ® , principal and founder of Barry Financial, LLC; Phil Harriman, CLU ® ,<br />
ChFC ® , co-founder of Lebel & Harriman, LLP; and Jules Gaudreau, ChFC ® ,<br />
CIC, President and Owner of <strong>The</strong> Gaudreau Group.<br />
Ted Kurlowicz, JD, LLM, CAP ® , ChFC ® , CLU ® , AEP,<br />
Charles E. Drimal Professor in Estate Planning,<br />
is unquestionably the nation’s premier<br />
voice in estate planning.<br />
2009<br />
6<br />
<strong>The</strong> Wealth Channel ® Magazine launches<br />
This alumni magazine features industry updates, technical articles, and news about <strong>The</strong> <strong>American</strong> <strong>College</strong><br />
alumni. Edited by Senior Vice President Steve Tarr, the magazine was the dreamchild of Louis P. DiCerbo, II,<br />
CLU ® , ChFC ® , LUTCF. He personally funded the initial issue of the publication that now has a circulation of<br />
60,000+.
Capi<strong>to</strong>l Hill<br />
<strong>The</strong> <strong>College</strong> is also engaging in more advocacy efforts. On May<br />
1, 2013, the New York Life Center for Retirement Income at <strong>The</strong><br />
<strong>American</strong> <strong>College</strong> spearheaded a Forum on Retirement Security<br />
for <strong>American</strong>s. <strong>The</strong> event <strong>to</strong>ok place at the Rayburn House on<br />
Capi<strong>to</strong>l Hill and brought <strong>to</strong>gether academics, policy experts,<br />
professional groups and legislative staff <strong>to</strong> discuss the significant<br />
issues impacting retirement security in this country. <strong>The</strong> group<br />
focused particularly on ways <strong>to</strong> maximize preparedness among<br />
the most vulnerable populations.<br />
<strong>The</strong> group heard presentations on three approaches: Security Plus<br />
Annuities from <strong>The</strong> Aspen Institute; Social Security Plus from <strong>The</strong><br />
<strong>American</strong> <strong>College</strong> and a consortium of partners; and Retirement<br />
USA, Pooling and Other Platforms as presented by the Pension<br />
Rights Center. Following the presentations, the group worked <strong>to</strong><br />
find areas of consensus or guiding principles that will be essential<br />
for any legislative or policymaking approach.<br />
What was most interesting <strong>to</strong> session participants was the<br />
amount of commonality among the proposals. <strong>The</strong>re are shared,<br />
effective solutions around which a coalition of support can be<br />
constructed. Starting retirement savings early, making plans<br />
simple, providing incentives <strong>to</strong> contribute, ensuring<br />
longevity and inflation risks are managed at a reasonable price<br />
and using au<strong>to</strong> enrollment and au<strong>to</strong> escalation approaches—are all<br />
strategies that will produce results.<br />
<strong>The</strong> Forum participants reflected on the his<strong>to</strong>ry of retirement<br />
security being a three-tiered solution: savings, employer pensions<br />
and Social Security. With defined-benefit pension participation<br />
continuing <strong>to</strong> decline, the balance has tilted <strong>to</strong>ward an overreliance<br />
on individual savings and Social Security. <strong>The</strong> group<br />
members agreed the time is right <strong>to</strong> propose a solution with both<br />
public and private roles that effectively replaces the function of<br />
lost defined-benefit pensions in retirement planning.<br />
Presenters at the Forum on Retirement Security for <strong>American</strong>s included, from left, Angela Hung, Ph.D., Direc<strong>to</strong>r, RAND Center for Financial and<br />
Economic Decision Making; Wade Pfau, Ph.D., CFA, Professor of Retirement Income, <strong>The</strong> <strong>American</strong> <strong>College</strong>; Dave Littell, JD, ChFC ® , CFP ® , Professor of<br />
Taxation and Direc<strong>to</strong>r of the New York Life Center for Retirement Income, <strong>The</strong> <strong>American</strong> <strong>College</strong>; Arie Kapteyn, Ph.D., Direc<strong>to</strong>r of USC Dornsife Center<br />
for Economic and Social Research; Art Kraus, CLU ® , ChFC ® , Partner, Capital Intelligence Associates; Keith Hickerson, MSM, Executive Vice President,<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>; Karen Friedman, Executive Vice President and Policy Direc<strong>to</strong>r, Pension Rights Center; Jamie Hopkins, JD, Assistant Professor of<br />
Taxation, <strong>The</strong> <strong>American</strong> <strong>College</strong>.<br />
2010<br />
ChHC ® Designation: Before Obamacare<br />
<strong>The</strong> Chartered Healthcare Consultant ® designation keeps advisors on <strong>to</strong>p of the latest legislative changes<br />
in healthcare and the impact on clients. Since the Affordable Care Act was implemented in 2013, this<br />
designation is continually enriched by changes on exchanges, coverage and client management.<br />
7
Lifetime Giving<br />
$1,000,000 and More<br />
Cary M. Maguire<br />
James A. Mitchell<br />
William B. Wallace<br />
$750,000 <strong>to</strong> $999,999<br />
Jarrett L. Davis III<br />
Gloria M. La Grassa<br />
$500,000 <strong>to</strong> $749,999<br />
Louis P. DiCerbo II<br />
Richard A. Liddy<br />
Reginald N. Rabjohns<br />
Frederick J. Sievert<br />
$300,000 <strong>to</strong> $499,999<br />
John W. Allen<br />
Brian S. Brown<br />
Michael C. Davidson<br />
William O. Goodwin<br />
Phillip C. Richards<br />
Warren T. Wamberg<br />
$175,000 <strong>to</strong> $299,999<br />
Laurence Bar<strong>to</strong>n<br />
William H. Beckley<br />
Henry A. Deppe<br />
Joseph W. Jordan<br />
Barry Kaye<br />
Robert B. Plybon<br />
Albert J. Schiff<br />
Jack B. Turner<br />
Charles R. Wright<br />
$100,000 <strong>to</strong> $174,999<br />
Robert W. Barth<br />
Ralph E. Brown, Jr.<br />
Peter C. Browne<br />
O. Alfred Granum<br />
Millard J. Grauer<br />
George W. Karr, Jr.<br />
Arnold M. Katz<br />
Ronald E. Long<br />
Charles D. Marks<br />
Henry F. McCamish, Jr.<br />
Foster E. Murphy<br />
Thomas J. O’Haren<br />
Ronald M. Park<br />
John J. Rocco<br />
Michael E. Rosenzweig<br />
Todd M. Schoon<br />
Eugene J. Seaman<br />
Joel A. Shapiro<br />
E. Hardy Vaughn, Jr.<br />
William T. Walsh<br />
$50,000 <strong>to</strong> $99,999<br />
Benjamin G. Baldwin, Jr.<br />
James M. Benson<br />
Lyle L. Blessman<br />
Chris<strong>to</strong>pher O. Blunt<br />
Debra G. Boblitt<br />
El<strong>to</strong>n H. Brooks<br />
John R. Cassin<br />
Robert E. Chappell<br />
William S. Cochran<br />
Patrick J. Collins<br />
Ralph L. Crews<br />
Ralph Davis, Jr.<br />
David Q. Day<br />
Anthony J. Domino, Jr.<br />
John R. Driskill<br />
Chester A. Duke, Jr.<br />
Salva<strong>to</strong>re F. Farina<br />
Edward J. Feiman<br />
Saul F. Feingold<br />
Samuel J. Foti<br />
Seymour Geller<br />
Peter A. Gola<strong>to</strong><br />
John W. Greene, Jr.<br />
Salene Hitchcock-Gear<br />
Gary T. Huffman<br />
E. Dunbar Jewell<br />
Fred H. Jonske<br />
Joe Kelley<br />
Arthur D. Kraus<br />
Eugene F. LoVasco<br />
Dennis J. Manning<br />
Eileen C. McDonnell<br />
John W. McTigue<br />
David L. Mead<br />
Donald H. Mehlig<br />
Joseph J. Melone<br />
Peter W. Mullin<br />
William T. O’Donnell<br />
Bruce G. Parker, Jr.<br />
Nathan M. Perlmutter<br />
Alan Press<br />
Donald L. Shepherd<br />
Walter J. Shields<br />
Allen A. Skogebo<br />
David W. Smith<br />
John E. Steger<br />
Maurice L. Stewart<br />
Stanley B. Sworski<br />
M. Michael Teichman<br />
Daniel J. Toran<br />
Robert W. Verhille<br />
Michael J. Vietri<br />
Paul E. Vignone<br />
Susan D. Waring<br />
Samuel H. Weese<br />
David F. West<br />
James E. Whistler<br />
David C. Whitney<br />
David F. Woods<br />
$25,000 <strong>to</strong> $49,999<br />
Mark F. Alder<br />
Dan W. Anderson<br />
R. Allen Angell<br />
Hartman Axley<br />
Dennis M. Axman<br />
Guy E. Baker<br />
Richard M. Bauhof<br />
Sam E. Beller<br />
Lee V. Bethel<br />
Jerrold J. Borrowman<br />
Glenn Boseman<br />
Marvin D. Bower<br />
Daniel M. Brigham<br />
Abram I. Brustein<br />
Dickson C. Bux<strong>to</strong>n<br />
Walter M. Cardinet, Jr.<br />
James Cerone, Jr.<br />
Paul W. Colflesh<br />
R. Michael Condrey<br />
Susan M. Cooper<br />
Michael J. Corey<br />
Howard B. Cowan<br />
Charles T. Cronin III<br />
John W. Cronin<br />
John W. Cruikshank III<br />
Anthony C. Cubellis<br />
David A. Culley<br />
J. Scott Davison<br />
Jules A. del Vecchio<br />
Bryan C. Dunn<br />
Jay R. Eagan<br />
Catherine L. Eckardt<br />
Alfred O. Elder<br />
George V. Exner<br />
Mehdi Fakharzadeh<br />
Neal R. Fegely<br />
William W. Fenniman<br />
Alan R. Finkelstein<br />
Gene L. Foxen<br />
Kenneth L. Fry, Jr.<br />
Leo R. Futia<br />
Lee M. Gammill, Jr.<br />
James L. Garard III<br />
Frederick M. Goodwin, Jr.<br />
Irwin Gorman<br />
Diane H. Gould<br />
Mel H. Gregory, Jr.<br />
J. Barry Griswell<br />
Floyd E. Guest, Jr.<br />
William K. Hallibur<strong>to</strong>n<br />
Allan G. Hancock<br />
George Handler<br />
Randall H. Harbert<br />
Robert D. Harris<br />
Thomas H. Harris<br />
Ann W. Hartmann<br />
Dermot T. Healey<br />
Keith W. Hein<br />
Phillip J. Hildebrand<br />
Ivan C. Hinrichs<br />
Harry P. Hoopis<br />
Terence L. Horan<br />
2011<br />
RICP ® Program Developed<br />
<strong>The</strong> Retirement Income Certified Professional ® had the fastest start and most rapidly growing demand<br />
for a designation than any other in the his<strong>to</strong>ry of <strong>The</strong> <strong>College</strong>. Following a full launch in 2012,<br />
registrations have skyrocketed, surpassing the 3,000 mark in 2013.<br />
8
10<br />
A DECADE OF PROGRESS<br />
Will S. Hornsby III<br />
Jerry L. Hulick<br />
Joseph W. Huver<br />
Roland J. Hymel, Jr.<br />
Donald C. Jayne, Jr.<br />
Douglas W. Johnson<br />
Robert S. Jones, Jr.<br />
C. Sherfy Jones<br />
Douglas W. Jones<br />
George G. Joseph<br />
Richard M. Kagan<br />
Norman W. Kamerow<br />
James T. Kane, Jr.<br />
Robert E. Kiley<br />
Vic<strong>to</strong>r W. Kirsch<br />
<strong>The</strong>odore T. Kurlowicz<br />
Bartholomew Larocca<br />
Fletcher C. Larson<br />
Bobby L. Layman<br />
Leon L. Levy<br />
Stephen F. Libby<br />
David C. McAvoy<br />
Bernard P. McDonough<br />
Thomas L. McLeary<br />
Kenneth L. Means<br />
James J. Meehan<br />
Carl F. Mehlhop<br />
Richard J. Miller<br />
Stanley E. Miller<br />
Kenneth C. Mlekush<br />
James G. Morgan<br />
Denis F. Mullane<br />
Deanna M. Mulligan<br />
Thomas W. Myers<br />
James F. Naive<br />
Yuka Nakahara-Goven<br />
Linda S. Need<br />
James J. Nemec<br />
John F. Nichols<br />
Maxine B. Niemeyer<br />
Thomas J. Pat<strong>to</strong>n<br />
Leo V. Petrini<br />
A. Duer Pierce, Jr.<br />
Jacob Pilibosian<br />
Robert W. Powell<br />
Wilmer S. Poynor III<br />
Arlen I. Prentice<br />
Frank L. Rainaldi<br />
Parthasarathy Rajagopalan<br />
Jack C. Raskin<br />
Carl H. Reinhardt<br />
Thomas R. Richards<br />
William C. Robertson<br />
Ronald S. Rosbruch<br />
James D. Rosenbaum<br />
David E. Sams, Jr.<br />
Robert C. Savage<br />
William F. Shean, Jr.<br />
Mark W. Sheffert<br />
Paul J. Shevlin<br />
Raymond A. Silva<br />
Morris A. Silverman<br />
Robert J. Sims<br />
Gary R. Sitzmann<br />
Nikki L. Sorum<br />
Joseph Sparacio<br />
Paul L. Stein<br />
Donald F. S<strong>to</strong>ner<br />
Stephen D. Tarr<br />
Guy R. Thomas<br />
James T. Turner III<br />
Stephanie A. Walsh<br />
Robert F. Weaver<br />
Thomas L. Webb<br />
Robert J. Wernecke<br />
Doyle J. Williams<br />
Harold L. Wilshinsky<br />
Barry L. Wolfe<br />
David G. Zick<br />
Mary Varner Receives<br />
2013 President’s Award<br />
Mary C. Varner, Executive Assistant <strong>to</strong> the President and CEO of <strong>The</strong> <strong>American</strong> <strong>College</strong>, was<br />
presented with the 2013 President’s Award on June 25, 2013. <strong>The</strong> award, the highest honor<br />
presented by <strong>The</strong> Foundation Board of Direc<strong>to</strong>rs, recognizes Mary for her 38 years of service <strong>to</strong><br />
<strong>The</strong> <strong>College</strong>.<br />
Mary C. Varner with Dr. Bar<strong>to</strong>n<br />
Mary joined <strong>The</strong> <strong>College</strong> in January 1975 as a part-time clerk typist. In April 1979, Mary became<br />
the secretary <strong>to</strong> the office of the vice president and treasurer. After serving in this role for nearly a<br />
decade, Mary was named an executive secretary in the finance division in 1989. Shortly after arriving<br />
at <strong>The</strong> <strong>American</strong> <strong>College</strong>, Dr. Bar<strong>to</strong>n recognized the valuable institutional knowledge Mary possessed<br />
and hired her <strong>to</strong> become the executive assistant <strong>to</strong> the president – a position she has held since<br />
February 2004.<br />
Presented annually, the President’s Award is intended <strong>to</strong> highlight the importance of the leadership<br />
and stewardship aspects of advancement. Mary’s long years of service, her selfless dedication <strong>to</strong> <strong>The</strong><br />
<strong>American</strong> <strong>College</strong>, and her steadfast financial support for this institution make her more than worthy<br />
of this prestigious honor.<br />
2012<br />
Ph.D. Program Lifts Profession<br />
Thanks <strong>to</strong> a generous gift from New York Life, <strong>The</strong> <strong>American</strong> <strong>College</strong> announced the development of a<br />
groundbreaking Ph.D. program in financial and retirement planning in 2012 – the first of its kind of any<br />
college in the nation. New faculty were added <strong>to</strong> support the program and the first cohort of students<br />
began in July 2013.<br />
9
Independence Guild<br />
Rosemary T. Aitken<br />
David B. Allen<br />
David G. Allen<br />
Eleanor W. Allen*<br />
John H. Allen<br />
John W. Allen*<br />
Eugene J. Altstatt<br />
Dan W. Anderson<br />
Sandra L. Anderson*<br />
R. Allen Angell<br />
Stuart A. Appel<br />
Rudolph Arkin<br />
Donald T. Ash<br />
Timothy M. Babbert<br />
Michael O. Babin<br />
Joseph M. Backes<br />
John T. Baier<br />
Robert W. Bailey<br />
Thomas W. Bailey<br />
Guy E. Baker<br />
John W. Baker<br />
Benjamin G. Baldwin, Jr.<br />
Robert M. Ball<br />
Russell C. Barlow<br />
Walter Barnes, Jr.<br />
Robert W. Barth<br />
Larry and Eliza Bar<strong>to</strong>n<br />
John R. Bartram<br />
Thomas J. Bash<br />
Roland J. Basinski<br />
John A. Batza<br />
J. Gary Beagin<br />
Robert A. Beck*<br />
William H. Beckley<br />
Kenneth R. Beesley<br />
Donald D. Beeson<br />
Charles E. Belcher<br />
Dennis J. Bell<br />
Sam E. Beller<br />
Fred W. Beltz III<br />
Dan A. Bench<br />
David G. Benedict<br />
James M. Benson<br />
Warren G. Berger III<br />
Ronald J. Bergstrom<br />
Arthur B. Berk*<br />
Lawrence J. Bernard<br />
Ronald W. Beshear<br />
Lee V. Bethel<br />
Ronald E. Bishop<br />
Stephen J. Blakesley<br />
Gregory D. Blanchard<br />
G. James Blatt, Jr.<br />
Garrett J. Bleakley<br />
Chris<strong>to</strong>pher O. Blunt<br />
Debra G. Boblitt<br />
Gary P. Bocard<br />
Roger C. Boeger<br />
Bradley H. Bofford<br />
Robert H. Boisvert<br />
Cynthia R. Bolker<br />
Frederick S. Bolyard<br />
Stephen G. Bolyard*<br />
Joseph S. L. Bonin<br />
Lawrence F. Boord<br />
Robert J. Born<br />
Jerrold J. Borrowman<br />
Bos<strong>to</strong>n Chapter S.F.S.P.<br />
Thomas A. Bott II<br />
Larry E. Botts<br />
Vincent C. Bowhers*<br />
Charles R. Boyd<br />
David E. Boyn<strong>to</strong>n<br />
Charles N. Bracht<br />
Steven R. Braden<br />
Margaret I. Bradshaw*<br />
Stephen R. Braswell<br />
William J. Braun<br />
Terry L. Breitbord<br />
John A. Briner<br />
J. C. Brinsfield<br />
William V. Brody<br />
El<strong>to</strong>n H. Brooks<br />
Ralph E. Brown, Jr.<br />
Brian S. Brown<br />
Lee B. Brown<br />
M. Wendell Brown<br />
Rice E. Brown<br />
Peter C. Browne<br />
Allen R. Bruce<br />
Vincent P. Brueggeman<br />
Daniel E. Brunette<br />
John H. Bullock, Jr.<br />
Edward A. Burch<br />
Glenn R. Burell<br />
Andrew J. Burger<br />
Joseph T. Burkhard<br />
Dennis E. Butler<br />
Dickson C. Bux<strong>to</strong>n<br />
Daniel Cafolla<br />
Robert J. Calhoun<br />
Albert G. Call III<br />
John E. Calles<br />
Juan E. Calles<br />
Donald S. Cameron<br />
John D. Campbell, Jr.<br />
W. Harrison Campbell<br />
Lee B. Canfield<br />
Harold Caplan*<br />
Curtis Carey<br />
Peter G. Carey<br />
Byron L. Carlson<br />
Kirt W. Carstens<br />
John B. Carter*<br />
Robert A. Carter<br />
John R. Cassin<br />
Mil<strong>to</strong>n M. Cerf<br />
James Cerone, Jr.<br />
Steven H. K. Chang<br />
Robert E. Chappell<br />
Marcus C. S. Cherry*<br />
Martin Cherry*<br />
Herbert L. Cheskis<br />
Beverly T. Chrisman<br />
Adelia C. Chung<br />
Tai Yau Chung*<br />
James M. Clary<br />
William S. Cochran<br />
William H. Coleman, Jr.<br />
Paul W. Colflesh*<br />
Patrick J. Collins<br />
Robert E. Collins+<br />
R. Michael Condrey<br />
Susan M. Cooper<br />
Deborah L. Copeland<br />
Dennis C. Crawford<br />
2013 Women’s Leadership Academy Summit<br />
<strong>The</strong> second annual Women’s Leadership Academy<br />
Summit was held April 17-19, 2013, at the Hil<strong>to</strong>n<br />
DFW Lakes Executive Conference Center in<br />
Grapevine, Texas. <strong>The</strong> State Farm Center for<br />
Women and Financial Services at <strong>The</strong> <strong>American</strong><br />
<strong>College</strong> recognized the cohort of women who<br />
completed the Chartered Leadership Fellow ®<br />
(CLF ® ) program during a special recognition<br />
luncheon. <strong>The</strong>se students began their studies at<br />
the 2012 WLA Summit and completed the<br />
caps<strong>to</strong>ne (final) course at the next year’s Summit.<br />
10
<strong>The</strong> Independence Guild is the legacy society of <strong>The</strong> <strong>College</strong> and reflects individuals<br />
and certain organizations who have made planned and deferred gifts <strong>to</strong> Your <strong>College</strong>.<br />
10<br />
A DECADE OF PROGRESS<br />
Cheryl D. Creuzot<br />
Ralph L. Crews<br />
Charles T. Cronin III<br />
John W. Cronin<br />
Dudley R. Crow<br />
John W. Cruikshank III<br />
Anthony C. Cubellis<br />
David A. Culley<br />
John R. Cushing<br />
Gilfred L. Daigle*<br />
Anna L. Daniels<br />
Roy G. Daniels<br />
Richard E. Darrah<br />
Joseph D. Davenport<br />
Kathleen T. Davenport<br />
Paul L. Davidson, Jr.<br />
Michael C. Davidson<br />
Jarrett L. and Mary Virginia<br />
Davis<br />
Ralph Davis, Jr.<br />
David Q. Day<br />
Lee R. Dean<br />
Jules A. del Vecchio<br />
An<strong>to</strong>nio M. DeLeon<br />
Thomas L. Deleot<br />
Paul L. DeLisio<br />
Paul K. Dell*<br />
S. Kay Dempsey<br />
John J. Dennison<br />
George W. S. Den<strong>to</strong>n*<br />
Richard M. Den<strong>to</strong>n<br />
Henry A.+ and Florence Deppe<br />
Robert A. Derrenbacker<br />
Ralph E. DeWerff<br />
Louis P. DiCerbo II<br />
Monroe M. Diefendorf, Jr.<br />
Dwayne A. Dietze<br />
Arvid R. Dike<br />
Charles R. Dobson, Sr.<br />
Anthony J. Domino, Jr.<br />
Anthony J. Domino, Sr.*<br />
Robert V. Donovan<br />
David J. Downey<br />
John R. Driskill<br />
Kirk P. Dryden<br />
Bernard E. Duhaime<br />
Chester A. Duke, Jr.<br />
Lucy Dulin*<br />
J. Terrance Dunn*<br />
Robert C. Dye<br />
Jay R. Eagan<br />
Brian H. Early*<br />
Catherine L. Eckardt<br />
Dwayne A. Edelstein<br />
Alfred O. Elder<br />
Donald B. Elliott<br />
Stephan A. Elliott<br />
O. Lee Elrick, Jr.<br />
Frank M. Engle*<br />
Aaron L. Epstein*<br />
Keith A. Erhard<br />
Jean F. Essex*<br />
George V. Exner<br />
Salva<strong>to</strong>re F. Farina<br />
Frank J. Farring<strong>to</strong>n<br />
Gil L. Fash<br />
Caroline A. Feeney<br />
Neal R. Fegely<br />
Edward J. Feiman<br />
Saul F. Feingold<br />
Ben Feldman*<br />
Charles J. Feldman<br />
Wendy L. Feldman<br />
Martin A. Fennewald<br />
William W. Fenniman<br />
Terry G. Fenwick<br />
Charles I. Ferrara<br />
Robert J. Fincham, Jr.<br />
Alan R. Finkelstein<br />
C. Robinson Fish III*<br />
Carmen T. Fish<br />
Harry I. Fisher, Jr.*<br />
William H. Flammer, Jr.<br />
Wayne N. Fleischer<br />
Dennis A. Flem<br />
Gary L. Flotron<br />
Thomas F. Flournoy III<br />
Thomas F. Flournoy<br />
Michael M. Flynn<br />
Lewis W. Fogel<br />
Maureen M. Foley<br />
Arnold G. Ford<br />
Curtis B. Ford<br />
William E. Ford*<br />
Daniel C. Fortier<br />
A. Scott Foster<br />
Samuel J. Foti<br />
Joseph E. Fox<br />
Gene L. Foxen<br />
Timothy J. Freeman<br />
Frank Friedler, Jr.*<br />
Sidney A. Friedman*<br />
Gary R. Froid+<br />
Paul S. Frommer<br />
Kenneth L. Fry, Jr.<br />
Joseph A. Fulkerson<br />
Lee M. Gammill, Jr.<br />
James L. Garard III<br />
Charles E. Garrity<br />
Seymour Geller<br />
Nancy B. Georgen<br />
Richard M. Geriner<br />
John T. Ghegan<br />
Peter A. Gola<strong>to</strong><br />
Julian H. Good, Jr.<br />
Stanley F. Goodin<br />
Fredric E. Goodman<br />
William O. Goodwin<br />
Shelley S. Goren*<br />
Thomas E. Goris, Jr.<br />
Diane H. Gould<br />
Millard J. Grauer<br />
Greater Chicago Chapter<br />
S.F.S.P.<br />
Nancy H. Green<br />
Olen C. Green*<br />
John W. Greene, Jr.<br />
John H. Greene<br />
J. Barry Griswell<br />
Frank F. Haack, Jr.*<br />
Donald R. Haas*<br />
Angelo A. Haddad<br />
Harry Haiblum*<br />
J. Leonard Hale<br />
William K. Hallibur<strong>to</strong>n<br />
Sanford B. Halperin*<br />
Allan G. Hancock<br />
Calvin L. Hannah<br />
Randall H. Harbert<br />
Robert D. Harris<br />
Thomas H. Harris<br />
Randall D. Hart<br />
Kevin J. Hassan<br />
Karen B. Hausler<br />
Thomas M. Hawco<br />
Jack D. Hayes<br />
John E. Hazard<br />
Dermot T. Healey<br />
Frank G. Heitker<br />
Wayne A. Hellbusch<br />
Ned D. Helmuth*<br />
Thomas S. Henderson<br />
Robert G. Hengelfelt*<br />
Willard L. Hensel<br />
John C. Hensley, Jr.<br />
Donald J. Herzog<br />
Phillip J. Hildebrand<br />
Richard L. Hill<br />
Robert P. Hill<br />
David H. Hil<strong>to</strong>n*<br />
Warren C. Hodges<br />
Austin E. Hodgkins, Jr.<br />
Noralie J. Hoffman<br />
David F. Hokanson<br />
George O. Holland<br />
Vernon W. Holleman, Jr.*<br />
Harry P. Hoopis<br />
Gerald D. Hoppe<br />
Terence L. Horan<br />
Will S. Hornsby III<br />
Donald R. Houser*<br />
Anita J. M. Hsiao<br />
William R. Huey, Jr.<br />
John P. Hunting<strong>to</strong>n<br />
Thomas P. Hunting<strong>to</strong>n*<br />
Joseph W. Huver<br />
Roland J. Hymel, Jr.<br />
Leonard J. Ialeggio<br />
John Irvin<br />
Richard D. Irwin*<br />
J. Curtis Jacob<br />
John R. Jagger<br />
Donald C. Jayne, Jr.<br />
Marvin B. Jaynes*<br />
William D. Jefferson+<br />
E. Dunbar Jewell<br />
Alfred C. Johnson<br />
Douglas W. Johnson<br />
Edwin T. Johnson*<br />
Rodger K. Johnson<br />
Steve K. Johns<strong>to</strong>n<br />
C. Sherfy Jones<br />
Charles H. Jones<br />
George G. Joseph<br />
Harris E. Kagan<br />
Richard M. Kagan<br />
Terri R. Kallsen<br />
James T. Kane, Jr.<br />
Ronald F. Karabian<br />
George W. Karr, Jr.<br />
Amy M. Kates<br />
Arnold M. Katz<br />
Barry Kaye<br />
Kurt A. Kechely<br />
Joe Kelley<br />
R. Gene Kent<br />
John S. Kerr<br />
Robert H. Kerrigan<br />
Thomas D. Kienlen<br />
James H. Kihneman, Jr.<br />
Robert E. Kiley<br />
Kevin C. Kings<strong>to</strong>n<br />
Vic<strong>to</strong>r W. Kirsch<br />
Clay<strong>to</strong>n J. Klein<br />
Stanley B. Kline<br />
Thomas C. Klotz<br />
Michael J. Kraft<br />
Stephen A. Kramer*<br />
Arthur D. Kraus<br />
Lanny N. Kuehl<br />
<strong>The</strong>odore T. Kurlowicz<br />
Gloria M. La Grassa<br />
Tamarine Lackey<br />
Chris<strong>to</strong>pher J. Larger<br />
Bartholomew Larocca<br />
Conrad J. Larsen<br />
Fletcher C. Larson<br />
Liam A. Leary<br />
Louis G. Leblanc<br />
Leslie S. Leeper*<br />
Robert R. Lehmert<br />
Elliot G. Lengel<br />
11
Independence Guild<br />
Ronald H. Lesieur<br />
James C. Lester<br />
Robert L. Levin*<br />
Leon L. Levy<br />
H. Kirke Lewis*<br />
Stephen F. Libby<br />
Donald E. Lippencott<br />
Leroy E. Lohman<br />
Ronald E. Long<br />
Joseph D. Longo<br />
Eugene F. LoVasco<br />
William G. Loventhal III<br />
Robert D. Lowrey<br />
Edick A. Lucas<br />
Gerald L. Luk<strong>to</strong>n<br />
Parker L. Lyda<br />
J. Peter Lyons<br />
Malcolm D. MacKinnon<br />
Patricia A. Mann<br />
Dennis J. Manning<br />
Charles D. Marks<br />
Arnold P. Masinter<br />
Robert E. Mathis<br />
Donna J. Matzko<br />
Michael V. May<br />
Raymond J. May<br />
David C. McAvoy<br />
John K. McCallum, Jr.<br />
Eileen C. McDonnell<br />
Joseph C. McGee<br />
Raymond W. McHale, Jr.<br />
Wayne O. McHargue<br />
David N. McIntyre<br />
Kimberly J. McKown<br />
Robert F. McKown<br />
Miles W. McNally*<br />
Patrick J. McNamara<br />
John W. and Vanessa McTigue<br />
David L. Mead<br />
Dexter M. Means<br />
Kenneth L. Means<br />
Robert B. Mecklenborg<br />
Andrew J. Meehan<br />
James J. Meehan<br />
Carl F. Mehlhop<br />
Donald H. Mehlig<br />
Ned R. Meisner<br />
Joseph J. Melone<br />
Alan L. Meltzer<br />
Jorge E. Mercado<br />
Joseph R. Mercier<br />
Sherburn W. Merrill, Jr.<br />
Carl W. Middle<strong>to</strong>n III<br />
Anthony D. Miller<br />
Keith Miller*<br />
Stanley E. Miller<br />
James A. and Linda R. Mitchell<br />
Roy O. Mitchell*<br />
Kenneth C. Mlekush<br />
James B. Moore<br />
Anthony Morris VII<br />
John T. Mulheran<br />
Denis F. Mullane<br />
Peter W. Mullin<br />
A. Douglas Murch*<br />
John H. Myaard<br />
Thomas W. Myers<br />
James F. Naive<br />
8th <strong>Annual</strong> Conference of African<br />
<strong>American</strong> Financial Professionals<br />
Broadcast journalist Soledad O’Brien<br />
was the keynote speaker at the event.<br />
In partnership with MetLife, <strong>The</strong> <strong>American</strong> <strong>College</strong> hosted the 8th <strong>Annual</strong> Conference of African <strong>American</strong> Financial Professionals<br />
in Atlanta from August 13-14, 2013. Once again, leading companies from across the financial services industry came <strong>to</strong>gether <strong>to</strong><br />
further the education, advancement and heritage of African <strong>American</strong> financial professionals at this vibrant industry event.<br />
This year’s conference theme was “Making a Difference,” and attendees explored the journey that the insurance salesman has<br />
his<strong>to</strong>rically traveled, and how the role of advisor comes with a responsibility <strong>to</strong> one’s client, as well as one’s community at large.<br />
<strong>The</strong> keynote speaker was broadcast journalist and executive producer, Soledad O’Brien. As chairman of Starfish Media Group, she<br />
continues <strong>to</strong> be a television anchor and correspondent for CNN, HBO, and other networks. O’Brien has reported breaking news<br />
from around the globe and has produced awardwinning,<br />
record-breaking and critically acclaimed<br />
documentaries on the most important s<strong>to</strong>ries<br />
facing the world <strong>to</strong>day. In 2010, she wrote a<br />
critically-acclaimed memoir <strong>The</strong> Next Big S<strong>to</strong>ry:<br />
My Journey through the Land of Possibilities, which<br />
chronicles her biggest reporting moments and<br />
how her upbringing and background have<br />
influenced these experiences.<br />
12<br />
Nearly 600 financial professionals gathered in Atlanta <strong>to</strong> attend the 8th <strong>Annual</strong> Conference of<br />
African <strong>American</strong> Financial Professionals last August.
10<br />
A DECADE OF PROGRESS<br />
A DECADE OF PROGRESS<br />
Yuka Nakahara-Goven<br />
Roland S. Nebeker<br />
Linda S. Need<br />
Warren A. Negri, Jr.<br />
William R. Neville, Sr.<br />
New York Life Insurance<br />
Company<br />
Kenneth J. Newfarmer*<br />
Glenn W. Nichols<br />
George R. Nicholson, Jr.<br />
Paul M. Nick<br />
Maxine B. Niemeyer<br />
Paul F. Noble*<br />
Glenn L. Noland<br />
C. Bayne Northern<br />
Thomas J. O’Haren<br />
David M. O’Malley<br />
Kevin S. Odell<br />
Carolyn J. Ohlfest<br />
Martha N. Olmstead<br />
Raymond R. Olmstead*<br />
Erik A. Olsen<br />
Robert K. Ostberg<br />
Mitchell W. Ostrove<br />
Edward E. Packell*<br />
Bruce G. Parker, Jr.<br />
Stacey M. Pavone<br />
Ralph I. Pence<br />
Robert H. Perkins*<br />
Nathan M. Perlmutter<br />
Kenneth W. Petersen<br />
Linder P. Peterson<br />
Robert L. Pethtal<br />
Leo V. Petrini<br />
John B. Pey<strong>to</strong>n*<br />
Harry Phillips III<br />
A. Duer Pierce, Jr.<br />
Larry R. Pike*<br />
Roger D. Pinneo<br />
James D. Pittman<br />
Steven A. Plewes<br />
Robert B. and Mary Plybon<br />
James P. Poole*<br />
Wilmer S. Poynor III<br />
Jonathan J. Pratt<br />
Alan Press<br />
Robert V. Price, Jr.<br />
James E. Prickett<br />
Earl S. Prolman<br />
John S. Pugh<br />
John M. Qualy<br />
Kirk Quaschnick<br />
Joseph R. Radovic<br />
Frank L. Rainaldi<br />
Dwain P. Ramlo<br />
Stephen G. Ray<br />
Randall D. Reichenbach<br />
Lloyd L. Reynolds<br />
Thomas R. Richards<br />
John R. Richmond<br />
George N. Ridings<br />
Penny K. Righthand<br />
David E. A. Riker<br />
David S. Rinsky<br />
John F. Rippinger<br />
John J. Rocco<br />
Sumner Rodman*<br />
Howard F. Roeding, Jr.<br />
C. Michael Rogers<br />
Charles A. Rogers, Jr.<br />
Donald M. Rogers<br />
Warren A. Romaine, Jr.<br />
Ronald S. Rosbruch<br />
Mitchell D. Rosenberg<br />
Michael E. Rosenzweig<br />
James W. Rutledge<br />
Ronald A. Sacks<br />
Robert B. Sathe<br />
Frank F. Schambach<br />
Gail M. Schank<br />
Robert V. Schechter*<br />
Scott D. Scheer<br />
Albert J. Schiff<br />
Jayne N. Schiff<br />
Paul F. Schoenfeld<br />
Todd M. Schoon<br />
Richard Schornstein, Jr.<br />
Richard W. Schubert<br />
Raymond J. Scott<br />
Ellen B. Seaman<br />
Eugene J. Seaman<br />
Joel A. Shapiro<br />
Stephen C. Shaw<br />
William F. Shean, Jr.<br />
Claus H. Shelling<br />
Paul J. Shevlin<br />
Walter J. Shields<br />
John S. Shondel<br />
Frederick J. Sievert<br />
Raymond A. Silva<br />
Morris A. Silverman<br />
Timothy L. Sims*<br />
I. Michael Singer<br />
W. Clyde Sisson*<br />
Gary R. Sitzmann<br />
Allen A. Skogebo<br />
David W. Smith<br />
Mark B. Smith<br />
Mary P. Smith*<br />
Society of Financial Service<br />
Professionals<br />
Gary J. Sohigian*<br />
N. W. Jerry Solomon<br />
Mark Sorlie<br />
Neil P. Sorum*<br />
Nikki L. Sorum<br />
Paul S. Soule+<br />
Glenn E. Sowalskie<br />
Robert I. Spak<br />
David L. Sparks<br />
Mor<strong>to</strong>n E. Spitzer<br />
Robert B. St. John<br />
James H. Stanley<br />
Ronald T. Stansell<br />
Jolene S. Starr<br />
Dianne Y. Steffey<br />
Michael C. Steffey<br />
John E. Steger<br />
Irving N. Stein*<br />
Paul L. Stein<br />
Seymour Sternberg<br />
Colleen M. Stevens<br />
Stephen B. S<strong>to</strong>ne<br />
Donald F. S<strong>to</strong>ner<br />
Dennis G. S<strong>to</strong>rk<br />
Eugene H. S<strong>to</strong>rms<br />
Frank E. Sullivan*<br />
John E. Sullivan<br />
Peter W. Sullivan<br />
Calvin S. Sumner<br />
Jose S. Suquet<br />
Georgia J. Suranofsky<br />
F. Gib Surles<br />
James W. Tait<br />
Eric K. Takao<br />
David R. Tarella<br />
Stephen D. Tarr<br />
Wyllys H. Taylor, Jr.<br />
Joe P. Teague<br />
Robert L. Tedoldi<br />
M. Michael Teichman+<br />
Robert A. Tewes<br />
Neil D. <strong>The</strong>riot<br />
A. Richard Thiernau<br />
Jeffrey E. Thol<br />
Wayne E. Thomas<br />
Arthur H. Thompson<br />
William G. Thompson<br />
Chris<strong>to</strong>pher G. Tobey<br />
John O. Todd*<br />
Louis J. Toia*<br />
Dennis M. Travlos<br />
Jack B. Turner<br />
John S. Tuttle<br />
Terry T. Uchida<br />
Martin P. Umbach<br />
<strong>The</strong> Union Central Life<br />
Insurance Company<br />
Gary L. Vander Werff<br />
Larry M. VandeVen, Jr.<br />
William VanWinkle<br />
John D. Varner<br />
E. Hardy Vaughn, Jr.<br />
David L. Vear*<br />
Robert W. Verhille<br />
Michael J. Vietri<br />
Paul E. Vignone<br />
Raymond Vitek, Jr.<br />
Curtis J. Vrieland<br />
Richard A. Wadsworth<br />
Julius F. Wagner<br />
Thomas G. Walder<br />
William B. and Sallie B. Wallace<br />
Stephanie A. Walsh<br />
William T. Walsh*<br />
Robert J. Wal<strong>to</strong>s, Jr.<br />
Susan D. Waring<br />
Lamar Weaver<br />
Robert F. Weaver<br />
Thomas R. Weaver<br />
Thomas L. and Mariam Webb<br />
Richard M. Weber<br />
Richard A. Wecker<br />
Samuel H. Weese<br />
Norbert A. Weisbeck<br />
Earl L. Weiser<br />
Sharon G. Welch-Blair<br />
Calvin D. Welling<br />
David F. West<br />
Thomas B. Wheeler<br />
James E. Whistler<br />
Bernard R. Whitehill<br />
N. Susan Whitting<strong>to</strong>n<br />
Lawrence Wiener<br />
Roger A. Wikstrom<br />
Dale S. Williams, Jr.<br />
Joseph P. Williams, Jr.<br />
Harold L. Wilshinsky<br />
Thomas J.* and Betty Wolff<br />
Marshall I. Wolper*<br />
Robert D. Wombwell, Jr.<br />
Ronald I. Woodmansee<br />
David F. Woods<br />
James R. Worrell, Sr.<br />
Charles R. Wright<br />
J. Lamar Wright<br />
Richard L. Wright<br />
Jimmy R. Youell<br />
Joe D. Young*<br />
Edmund L. Zalinski*<br />
David G. Zick<br />
Charles J. Zimmerman*<br />
Freda J. Zimmerman<br />
Stanley A. Zur*<br />
* Deceased<br />
+ Proceeds received during 2013<br />
13
Individual Gifts in 2013<br />
We are pleased <strong>to</strong> recognize the leadership of donors whose annual contributions distinguish them for membership in <strong>The</strong> Huebner Society,<br />
Chairman’s Council or President’s Circle.<br />
Huebner Society<br />
<strong>Annual</strong> Gifts of $25,000 and More<br />
Chairman’s Council<br />
<strong>Annual</strong> Gifts of $10,000 <strong>to</strong> $24,999<br />
$500,000 and More<br />
Cary M. Maguire<br />
$100,000 <strong>to</strong> $249,999<br />
William B. Wallace<br />
$50,000 <strong>to</strong> $99,999<br />
Phillip C. Richards<br />
$25,000 <strong>to</strong> $49,999<br />
Laurence Bar<strong>to</strong>n<br />
James M. Benson<br />
Chris<strong>to</strong>pher O. Blunt<br />
Salva<strong>to</strong>re F. Farina<br />
Fred H. Jonske<br />
Richard A. Liddy<br />
Eileen C. McDonnell<br />
James A. Mitchell<br />
Robert B. Plybon<br />
Todd M. Schoon<br />
E. Hardy Vaughn, Jr.<br />
Charles R. Wright<br />
Debra G. Boblitt<br />
Peter C. Browne<br />
George I. Connolly<br />
Susan M. Cooper<br />
Howard B. Cowan<br />
Michael C. Davidson<br />
J. Scott Davison<br />
Jules A. del Vecchio<br />
Louis P. DiCerbo II<br />
Anthony M. Garcia<br />
Peter A. Gola<strong>to</strong><br />
William O. Goodwin<br />
Randall H. Harbert<br />
Thomas H. Harris<br />
Salene Hitchcock-Gear<br />
Gary T. Huffman<br />
Rodger K. Johnson<br />
Joseph W. Jordan<br />
Gloria M. La Grassa<br />
Leon L. Levy<br />
Ronald E. Long<br />
Eugene F. LoVasco<br />
Robert A. Miller<br />
Deanna M. Mulligan<br />
Linda S. Need<br />
J. Lance Osborne<br />
Lloyd M. Pomerantz<br />
Reginald N. Rabjohns<br />
John J. Rocco<br />
M. Michael Rooney<br />
Albert J. Schiff<br />
Joel A. Shapiro<br />
Geoffrey C. Steger<br />
Michael J. Vietri<br />
Doyle J. Williams<br />
President’s Circle <strong>Annual</strong> Gifts of $1,500 <strong>to</strong> $9,999<br />
John F. Nichols<br />
Michael E. Rosenzweig<br />
Robert D. Shapiro<br />
Frederick J. Sievert<br />
Nikki L. Sorum<br />
Joseph Sparacio<br />
Donald P. Sullivan<br />
Guy R. Thomas<br />
Thomas P. Tooley<br />
Paul E. Vignone<br />
Chris<strong>to</strong>pher P. Woehrle<br />
David G. Zick<br />
$1,500 <strong>to</strong> $4,999<br />
James E. Adkins<br />
Harvey G. Allison<br />
David M. Anderson<br />
Stuart A. Appel<br />
Jamie Asher<br />
Eric D. Aslakson<br />
Bryan L. Austin<br />
Dennis M. Axman<br />
John T. Baier<br />
Brian Bailey<br />
Kevin E. Baldwin<br />
Timothy R. Barnhart<br />
Adam D. Batchelor<br />
Mitchell C. Beer<br />
Michael A. Bell<br />
Sam E. Beller<br />
Thomas E. Bello<br />
J. Philip Bender<br />
Joseph B. Beshear<br />
Robbie G. Beucler, Jr.<br />
Dwaan C. Black<br />
Paul F. Blanco<br />
Tony D. Blauvelt<br />
Garrett J. Bleakley<br />
Kalita B. Blessing<br />
Lyle L. Blessman<br />
Debra L. Blevons<br />
Michael Blivens<br />
Jeffrey E. Boes<br />
E. Douglas Bohannon<br />
Timothy Bohannon<br />
Anthony F. Boquet<br />
David L. Brass<br />
David M. Briggs<br />
Daniel M. Brigham<br />
Matt Brightman<br />
Greg A. Brigowatz<br />
$5,000 <strong>to</strong> $9,999<br />
Wendy A. Benson<br />
Lee V. Bethel<br />
Glenn Boseman<br />
Andrew J. Bucklee<br />
James Cerone, Jr.<br />
R. Michael Condrey<br />
Ralph L. Crews<br />
Keith A. Erhard<br />
R. David Fritz, Jr.<br />
Gerald J. Herbison<br />
Mark J. Heurung<br />
Terence L. Horan<br />
Arthur D. Kraus<br />
<strong>The</strong>odore T. Kurlowicz<br />
Peter J. McAvinn<br />
James J. Meehan<br />
14
10<br />
A DECADE OF PROGRESS<br />
WELCOME, NEW BOARD MEMBERS!<br />
Trustees<br />
David M. Anderson<br />
is President and CEO<br />
of TIAA-CREF Life<br />
Insurance Co., based<br />
in Charlotte, NC. Prior<br />
<strong>to</strong> joining TIAA-CREF<br />
in 2010, he held numerous posts in a<br />
distinguished 27-year career at Thrivent<br />
Financial for Lutherans.<br />
George I. Connolly, JD,<br />
CLU ® , ChFC ® is Senior<br />
Vice President, Individual<br />
Distribution, at Securian<br />
Financial Group.<br />
Based in St. Paul, MN, he<br />
is responsible for Securian’s affiliated retail<br />
distribution businesses including career<br />
distribution, Securian Trust Company, and<br />
all broker-dealers: Securian Financial<br />
Services, CRI Securities, and CFG/H.Beck.<br />
Anthony M. Garcia<br />
is President of<br />
Western-Southern<br />
Agency Group, leading<br />
Western & Southern<br />
Financial Group’s<br />
career marketing and sales organization.<br />
He previously served as President and CEO<br />
of TIAA-CREF Life Insurance Company.<br />
Paul A. LaPiana, CFP ®<br />
is Senior Vice President,<br />
Individual Distribution,<br />
at MetLife in Charlotte,<br />
NC. He leads over<br />
7,600 financial advisors<br />
from MetLife, MetLife Resources and New<br />
England Financial affiliated distribution<br />
channels. He also manages the Enterprise<br />
General Agency and all of the Individual<br />
Distribution support functions.<br />
Jon S. Stenberg,<br />
ChFC ® is Executive Vice<br />
President and General<br />
Manager, RiverSource<br />
Insurance at Ameriprise<br />
Financial, where he is<br />
responsible for all aspects of the life insurance<br />
division. Prior <strong>to</strong> joining Ameriprise<br />
Financial in Minneapolis, MN, in 2011, he<br />
served as Senior Vice President and Head<br />
of Retail Insurance at New York Life.<br />
Thomas P. Tooley,<br />
CLU ® , ChFC ® is Senior<br />
Vice President, Head<br />
of Insurance Solutions<br />
Distribution, at Lincoln<br />
Financial Distribu<strong>to</strong>rs,<br />
Inc., the wholesaling distribution organization<br />
for Lincoln Financial Group. Prior<br />
<strong>to</strong> joining Lincoln in 2010, he served as<br />
a Senior Executive responsible for Life<br />
Insurance Distribution at <strong>The</strong> Hartford<br />
Foundation Direc<strong>to</strong>rs<br />
Rodger K. Johnson, CLU ® , MSFS, CFP ® ,<br />
CAP ® is a partner at Johnson Financial<br />
Group, an affiliate of New York Life<br />
Insurance Company located in Tyler and<br />
Dallas, Texas. He has leveraged 30-plus<br />
years of experience and extensive<br />
education <strong>to</strong> facilitate local CAP ® classes.<br />
Joseph W. Jordan is an independent consultant,<br />
author, and speaker with over 36 years of industry<br />
experience. A former Senior Vice President<br />
at MetLife, Joe is an industry-renowned thought<br />
leader. In 2011, he released the book, Living a Life<br />
of Significance, which was listed as one of the “Top<br />
5 Books of 2011” by Financial Advisor Magazine.<br />
Mark Rooney, CFP ® , ChFC ® , CLU ® is<br />
Senior Executive Vice-President at AXA<br />
Advisors Western Division. He has spent<br />
his entire 40-year career with AXA,<br />
beginning in Los Angeles and is now<br />
based in Irvine, CA.<br />
Joe Sparacio, LUTCF, CLU ® , CLF ® is Agency<br />
Vice President of MassMutual’s Western Region<br />
Agency Focus Team. Prior <strong>to</strong> joining the home<br />
office, he served as CEO and Managing Partner<br />
of <strong>The</strong> Island Financial Group in Woodbury, NY,<br />
from 2005 <strong>to</strong> 2012.<br />
15
THE HUEBNER GOLD MEDAL<br />
Mike Davidson Awarded<br />
2013 Huebner Gold Medal<br />
Michael C. Davidson, MSM, CLU ® , CAP ® was awarded the 2013 Huebner Gold Medal during the President’s<br />
Dinner in Las Vegas this past November.<br />
Mike started his life-long career with State Farm in 1978. After 33 years with the company, he retired in January 2012 as Vice<br />
Chairman and Chief Agency and Marketing Officer. Mike served as the Chairman of <strong>The</strong> <strong>American</strong> <strong>College</strong>’s Board of Trustees from<br />
2010-2011. He was a great supporter of State Farm’s sponsorship of the Center for Women and Financial Services at <strong>The</strong> <strong>College</strong>.<br />
In April 2012, he was appointed <strong>to</strong> <strong>The</strong> <strong>American</strong> <strong>College</strong>’s faculty as Adjunct Professor of Agency Excellence. He was awarded an<br />
honorary MSM degree in June 2012 for his leadership and commitment <strong>to</strong> <strong>The</strong> <strong>College</strong>.<br />
Named for the founder of <strong>The</strong> <strong>American</strong> <strong>College</strong>, Dr. Solomon S. Huebner, the Huebner Gold Medal is <strong>The</strong> <strong>American</strong> <strong>College</strong>’s highest<br />
honor and has been awarded annually since 1975. It honors the select individuals whose support of the <strong>College</strong> and whose dedication<br />
<strong>to</strong> education and professionalism have been of particular meaning <strong>to</strong> the institution.<br />
Beginning February 1, 2014, Mike is Acting President and CEO of <strong>The</strong> <strong>American</strong> <strong>College</strong> while a search is underway <strong>to</strong> name a<br />
successor <strong>to</strong> Dr. Bar<strong>to</strong>n.<br />
Individual Gifts in 2013<br />
William V. Brody<br />
Allen R. Bruce<br />
Dennis Burbank<br />
Kevin K. Burckhard<br />
Robert P. Burke<br />
Christine Burns-Fazzi<br />
Scott D. Butler<br />
Dickson C. Bux<strong>to</strong>n<br />
Michael T. Byrne<br />
Robert E. Caldwell<br />
16<br />
Marshall F. Campbell III<br />
Eric B. Campbell<br />
Timothy W. Carmean<br />
Scott A. Carr<br />
Edward W. Cassidy<br />
Gregory V. Castronovo<br />
Raymond G. Caucci<br />
Nicholas M. Cecere<br />
Kevin A. Chadwick<br />
Stephen C. Chambers<br />
Minhua Chen<br />
Yong Chen<br />
Bill S. Childers<br />
Eugene Choate<br />
Ling F. Chow<br />
An<strong>to</strong>inette M. Christaldi<br />
Scott Christensen<br />
William J. Christie<br />
I. David Cohen<br />
Bradford J. Colby<br />
Randall S. Cole<br />
Edward W. Colello<br />
Christina I. Collins<br />
Thomas R. Collins<br />
Joseph M. Colombo<br />
John D. Cooney, Jr.<br />
Brian M. Cox<br />
Charles T. Cronin III<br />
Charles T. Cruse<br />
Philip B. Cubeta
10<br />
A DECADE OF PROGRESS<br />
Boblitt, Kraus and La Grassa<br />
Honored with Alumni Hall of<br />
Fame Award<br />
<strong>The</strong> Alumni Hall of Fame was established in 2005 <strong>to</strong> recognize<br />
individuals who embody what <strong>The</strong> <strong>American</strong> <strong>College</strong> stands for—<br />
integrity, professionalism, volunteerism, and dedication <strong>to</strong> education.<br />
During the Knowledge Summit in Las Vegas this past November, <strong>The</strong><br />
<strong>American</strong> <strong>College</strong> inducted three outstanding alumni in<strong>to</strong> the 2013<br />
Hall of Fame: Debra Boblitt, CLF ® ; Art Kraus, CLU ® , ChFC ® , CAP ® ; and<br />
Gloria La Grassa, CLU ® , ChFC ® .<br />
Debra Boblitt, CLF ® (far left) is a Senior Vice President of State<br />
Farm Insurance, and has been with the company for over two<br />
decades. Debra champions the advancement of women in the<br />
industry. She played an instrumental role in encouraging State<br />
Farm’s commitment <strong>to</strong> the Center for Women and Financial<br />
Services at <strong>The</strong> <strong>American</strong> <strong>College</strong>. She currently serves as Secretary<br />
of <strong>The</strong> <strong>American</strong> <strong>College</strong> Foundation Board of Direc<strong>to</strong>rs and also<br />
serves on the Board’s Executive Committee. She was a featured<br />
speaker at <strong>The</strong> <strong>College</strong>’s 2011 Las Vegas Knowledge Summit and<br />
was the keynote speaker for <strong>The</strong> <strong>College</strong>’s 2008 Conferment at<br />
Pearl Harbor.<br />
Art Kraus, CLU ® , ChFC ® , CAP ® (center) began his career in 1960<br />
with Pacific Mutual Life Insurance Company and was promoted <strong>to</strong><br />
President of Pacific Consulting Corporation, a subsidiary of Pacific<br />
Life, in 1969. Soon after, he co-founded the AFP Group, which<br />
grew <strong>to</strong> become one of the largest financial planning companies<br />
in the country. In 1998, he became the CEO of NAIFA, and four<br />
years later founded Capital Intelligence Associates with his son.<br />
Art spends a great deal of his time on industry advocacy efforts in<br />
Washing<strong>to</strong>n. He played a key role in spearheading <strong>The</strong> <strong>American</strong><br />
<strong>College</strong>’s Alumni LIVE events in Los Angeles in 2010 and 2013.<br />
Art currently serves on <strong>The</strong> <strong>American</strong> <strong>College</strong> Foundation Board<br />
of Direc<strong>to</strong>rs.<br />
Gloria La Grassa, CLU ® , ChFC ® (far right) began her career<br />
alongside Charles Lamont Post, an early benefac<strong>to</strong>r of <strong>The</strong><br />
<strong>College</strong> who endowed a chair concentrating on the study of ethics.<br />
Gloria served on <strong>The</strong> <strong>College</strong>’s Board of Trustees for seven years<br />
and on the Foundation Board of Direc<strong>to</strong>rs for nine years. She was<br />
the Secretary on each board for five years. She also served on the<br />
Presidential Search Committee in 2002. In 1999, Gloria helped<br />
fund <strong>The</strong> <strong>College</strong>’s state-of-the-art audi<strong>to</strong>rium. In 2009, Gloria<br />
received the Huebner Gold Medal, the highest honor bes<strong>to</strong>wed by<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>. In 2011, <strong>The</strong> <strong>American</strong> <strong>College</strong> dedicated<br />
the academic floor of MDRT Foundation Hall in her honor.<br />
William J. Cuff<br />
Brian R. Cunningham<br />
Matthew Curran<br />
Jeffrey M. Daniels<br />
Earl Darphin<br />
Jarrett L. Davis III<br />
Heather L. Davis<br />
Timothy H. Davis<br />
Curt J. De Leske<br />
Paul L. DeLisio<br />
Todd R. Den<strong>to</strong>n<br />
Jennie D. Derby<br />
Lew D. Derrickson<br />
Amy C. Dewey<br />
Brian J. Dierks<br />
James S. Dobbs<br />
R. Paul Dodd<br />
Anthony J. Domino, Jr.<br />
Debra Doncov<br />
Charles R. Downs, Jr.<br />
Scott L. Downs<br />
Steven M. Dugal<br />
Chester A. Duke, Jr.<br />
Steven D. Earhart<br />
Mark A. Eden<br />
James R. Effner, Jr.<br />
Robert Eichler<br />
Douglas J. Emery<br />
Philip R. Engelmann<br />
John C. Ertz<br />
Caroline A. Feeney<br />
Neal R. Fegely<br />
Saul F. Feingold<br />
Alan R. Finkelstein<br />
Dennis R. Fiore<br />
Harris S. Fishman<br />
Timothy C. Flanagan, Jr.<br />
John E. Fobes II<br />
Maureen M. Foley<br />
Constance J. Fontaine<br />
17
KNOWLEDGE SUMMIT<br />
Prudential advisors gathered their Knowledge Summit attendees for a group pho<strong>to</strong>.<br />
Students walking at commencement.<br />
Olympic gold medalist and motivational<br />
speaker Bruce Jenner received a<br />
standing ovation. He sold life insurance<br />
at age 20.<br />
Columnist and commenta<strong>to</strong>r, George Will,<br />
addressing the impact of public affairs<br />
and public policy on the financial services<br />
industry.<br />
Michelle Hosely, 2014 MDRT<br />
President, presented the keynote<br />
at the State Farm Women’s<br />
Leadership Breakfast.<br />
Adjunct Professor Sal Farina and Linda Farina with<br />
George Joseph.<br />
<strong>The</strong> popular <strong>to</strong>ur of the Neon Museum, one of Las Vegas’ newest attractions.<br />
18<br />
Mickey and Barbara Rosenzweig, (left) and Pat and Lou<br />
DiCerbo (right) with Dr. Bar<strong>to</strong>n.
10<br />
A DECADE OF PROGRESS<br />
Sgt. Sal Giunta (center), a Medal of Honor Recipient, flanked by Tia<br />
Nichole McMillen, MSM (of the U.S. Navy) and Ryan Zimpleman,<br />
MSM, (of the U.S. Army), the Penn Mutual Center for Veterans<br />
Affairs’ first scholarship recipients <strong>to</strong> walk at commencement.<br />
Leo C. Tucker, Jr., CLU ® , Managing<br />
Partner, Northwestern Mutual, applying<br />
“’Lean In’ and Reach Out!” <strong>to</strong> practice<br />
management.<br />
MSM graduates at commencement.<br />
Rand Harbert, SVP, State Farm, in a proactive, extemporaneous interview with Dr. Larry Bar<strong>to</strong>n.<br />
Rand Harbert, CLU ® at the State<br />
Farm dinner.<br />
Caroline Feeney, CLU ® , ChFC ®<br />
commencement speaker.<br />
Dr. Craig Lemoine (left) moderating a discussion about “<strong>The</strong> Unique Pressures—and Pleasures—of Raising and Planning<br />
for a Special Needs Child” with, (from left), Rick Lavoie, author and consultant, Kelly Piacenti, Assistant Vice President,<br />
MetLife Center for Special Needs, and Jerry L. Hulick, CLU ® , ChFC ® , ChSNC ® , General Agent Emeritus, MassMutual<br />
Financial Group.<br />
Board and faculty on stage at commencement. Board Chairperson Linda Need, CLU ® , ChFC ® , CFP ® , Senior Vice President at Wells Fargo, is far left.<br />
19
Individual Gifts in 2013<br />
Lee M. Fortenberry<br />
A. Scott Foster<br />
Larry J. Foster<br />
Lance P. Franczyk<br />
Robert T. Frieling<br />
Mark J. Funk<br />
Michael G. Gallo<br />
Lee M. Gammill, Jr.<br />
Jules O. Gaudreau, Jr.<br />
Jeffrey J. Gayonski<br />
William M. Gearhart<br />
Seymour Geller<br />
Michael J. Genovese<br />
Campbell T. Gerrish, Sr.<br />
Austin T. Getz II<br />
Rana Gidumal<br />
Brett Gilliland<br />
Gene J. Gilmore<br />
Pamela Gilmour<br />
Deborah L. Giordano-Manno<br />
Mitchell B. Glover<br />
Troy E. Glover<br />
Thomas Goes<br />
Richard H. Golden<br />
James R. Goodrich<br />
Patrick K. Gores<br />
Thomas E. Goris, Jr.<br />
Irwin Gorman<br />
Diane H. Gould<br />
Mel H. Gregory, Jr.<br />
James P. Grogan<br />
Stephen F. Gross<br />
Stephen T. Guinan<br />
Angelo A. Haddad<br />
Gerald F. Hall<br />
William K. Hallibur<strong>to</strong>n<br />
Calvin L. Hannah<br />
Paul L. Hanson<br />
Mark E. Hardy<br />
Ted P. Harless<br />
Kevin J. Hassan<br />
John L. Haver<br />
Dermott T. Healey<br />
Keith W. Hein<br />
Benjamin W. Henderson<br />
Michael S. Henegar<br />
Keith E. Hickerson<br />
Andrew J. Higney<br />
In Memoriam<br />
Charles DiLullo—1938 - 2013<br />
Charles S. DiLullo, MSFS, CLU ® , passed away on June 16, 2013. Charles began his long and productive career at<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong> in 1970 as controller and was promoted <strong>to</strong> vice president and treasurer of <strong>The</strong> <strong>College</strong> and<br />
Board of Trustees in 1975. He joined the faculty in 2000 and was named the Jarrett L. Davis Distinguished Professor<br />
of Finance and Accounting. Teaching in the Chartered Life Underwriter ® (CLU ® ) and MSFS programs, Charles was<br />
one of <strong>The</strong> <strong>College</strong>’s most popular professors. Just before he retired in 2009, he presented his 3,000th lecture <strong>to</strong> a<br />
group of <strong>The</strong> <strong>College</strong>’s graduates celebrating his career in Atlanta. Charles is survived by his wife, Laura Mae, their<br />
daughter, three sons, 12 grandchildren and extended family.<br />
Chuck Jones—1940 - 2013<br />
Charles C. Jones, MSFS, CLU ® , ChFC ® , CASL ® , CAP ® , died on April 29, 2013. A financial advisor, wealth manager<br />
and legacy planner, Chuck owned and was chief executive officer of Pentrust LLC, with offices in Kansas City, MO.<br />
He moved there in 1966 when he joined the Connecticut General Life Insurance Company, predecessor of CIGNA.<br />
During his long career, Chuck contributed <strong>to</strong> the success of numerous prestigious financial services organizations,<br />
including Commercial Union Companies, Business Men’s Assurance Company of America and John Hancock. Chuck<br />
served on <strong>The</strong> <strong>American</strong> <strong>College</strong> Board of Trustees for four years and on the Foundation Board of Direc<strong>to</strong>rs for seven<br />
years. He was inducted in<strong>to</strong> <strong>The</strong> <strong>College</strong>’s Alumni Hall of Fame in 2008 in recognition of his many and significant<br />
contributions <strong>to</strong> the institution as a valued alumnus. Chuck is survived by his wife, Pat, his three children,<br />
grandchildren, his two brothers and extended family.<br />
David Rubinowitz – 1967-2013<br />
20<br />
David R. Rubinowitz, MSFS, LUTCF, CLU ® , ChFC ® , CAP ® , passed away suddenly on February 21, 2013. Since 2008,<br />
David served as a trustee of <strong>The</strong> <strong>American</strong> <strong>College</strong>. During that tenure, he contributed <strong>to</strong> the Education Policy and<br />
Certification Committees and <strong>to</strong> the Finance and Audit Committee of the Board of Trustees. David had also served<br />
earlier on <strong>The</strong> <strong>College</strong>’s Alumni Association Advisory Board. He enjoyed a long career at Morgan Stanley, and<br />
subsequently joined John Hancock at their home office in Bos<strong>to</strong>n, and most recently Alvarez & Marsal – Executive<br />
Benefits Consulting, based in New York City. He was a member of the Securities Industry Association’s Wealth<br />
Strategies Roundtable and a member of LIMRA International’s Executive Advisory Group. David is survived by his<br />
wife Stacy and their two children, Allie and Matt.
10<br />
A DECADE OF PROGRESS<br />
Stefan H. Holter<br />
Jack C. Hondros<br />
Matthew D. Hous<strong>to</strong>n<br />
Rick Hu<br />
Fred Huang<br />
Brian J. Hubbell<br />
James G. Huckabee IV<br />
Michael K. Hulse<br />
Roland J. Hymel, Jr.<br />
L. S<strong>to</strong>ck<strong>to</strong>n Illoway<br />
Scott C. Iodice<br />
Patrick J. Ireland<br />
Stuart Isgur<br />
W. Bruce Jackson<br />
James A. Jacobs<br />
William D. Jefferson<br />
Charles N. Jenkins, Jr.<br />
Bryan Johnson<br />
Robert S. Johnson<br />
C. Sherfy Jones<br />
Scott M. Jones<br />
George G. Joseph<br />
Douglas V. Joslin<br />
Terri R. Kallsen<br />
Kathleen M. Kane<br />
George W. Karr, Jr.<br />
Hratch Kasparian<br />
Arnold M. Katz<br />
Kevin F. Kaveney<br />
Shawn F. Kelley<br />
Troy B. Kemelgor<br />
Stephen C. Kernaghan<br />
Jenny Kho<br />
David D. Kiecker<br />
Garry D. Kinder<br />
William S. Koch<br />
Barry Koslow<br />
Steven H. Kosnick<br />
John E. Kozakis<br />
Michael J. Kraft<br />
James J. Kra<strong>to</strong>chvil III<br />
Daniel G. Krivos<br />
Keith B. Kronen<br />
Matthew R. Krueger<br />
Lily Ku<br />
Bruce A. Lafferre<br />
Paul A. LaPiana<br />
Raymond N. Latiano<br />
David F. Lau<br />
Bruce W. Laughlin<br />
M. Kevin Lawhon<br />
Bobby L. Layman<br />
Robert H. Leeper<br />
William J. Lemoine, Jr.<br />
Craig W. Lemoine<br />
Daniel J. Leslie<br />
Stephen F. Libby<br />
David A. Littell<br />
Hong Pian Liu<br />
Larry T. London<br />
Chris<strong>to</strong>pher R. Lowery<br />
Robert D. Lowrey<br />
Minde Lu<br />
Lynn K. Lundring<br />
Kevin M. Lynch<br />
Shawn C. Mackey<br />
Cory A. Mahaffey<br />
William E. Mahoney, Jr.<br />
Jeffrey J. Manderfeld<br />
Steven C. Mannebach<br />
Dennis J. Manning<br />
James V. Marker<br />
Scott A. Marschall<br />
Peggy D. Martin<br />
Patrick L. Matthews<br />
Raymond J. May<br />
David C. McAvoy<br />
Brian W. McClure<br />
John G. McCune<br />
Edward M. McEvoy<br />
Hugh J. McFadden<br />
Eric M. McGough<br />
Charlene A. McKenney<br />
Allen C. McLellan<br />
Corey D. McQuade<br />
Roger M. McQueen<br />
Ronald K. McQueen<br />
John W. McTigue<br />
David L. Mead<br />
James E. Meeks, Jr.<br />
Carl F. Mehlhop<br />
Joseph F. Meier<br />
Carl W. Middle<strong>to</strong>n IV<br />
Joseph M. Milano<br />
Benjamin B. Miller<br />
Bruce A. Miller<br />
David B. Miller<br />
Kevin E. Miller<br />
Norman B. Miller<br />
R. Aaron Miller<br />
David D. Mirabi<strong>to</strong><br />
Kenneth C. Mlekush<br />
James G. Morgan<br />
Timothy M. Mulroy<br />
Thomas W. Myers<br />
James F. Naive<br />
Yuka Nakahara-Goven<br />
David P. Nanigian<br />
Charles E. Nash<br />
James J. Nemec<br />
William J. Newman<br />
Binh Q. Nguyen<br />
Kristin A. Nordahl<br />
C. Bayne Northern<br />
Troy A. Nunn<br />
Joshua A. Oertli<br />
Thomas J. O’Haren<br />
Kathie H. Okun<br />
William D. Olinger<br />
Eric S. Olson<br />
Vincent J. Palma<br />
Kevin R. Palmiter<br />
Sara W. Pantin<br />
Bruce G. Parker, Jr.<br />
Minesh P. Patel<br />
Lyle R. Paul<br />
Edwin B. Peacock III<br />
Michelle Pedigo<br />
Ralph I. Pence<br />
Marsha A. Perez<br />
Gerald A. Peter<br />
Brian G. Petrando<br />
Mark W. Pfaff<br />
Wade Pfau<br />
Harold H. Philipsen<br />
Sidney E. Phillips<br />
A. Duer Pierce, Jr.<br />
Matthew J. Plocher<br />
Richard A. Pope<br />
Robert W. Powell<br />
Frederick W. Prelle, Jr.<br />
Alan Press<br />
Kevin S. Proffitt<br />
Earl S. Prolman<br />
Charles R. Pruett<br />
V. Thomas Purcell, Jr.<br />
Lucas J. Quaccia<br />
Craig L. Quinlan<br />
Joseph R. Radovic<br />
Julie A. Ragatz-Nor<strong>to</strong>n<br />
Parthasarathy Rajagopalan<br />
Jeffrey J. Rapp<br />
Jack C. Raskin<br />
Jeffrey D. Reeter<br />
Donald L. Reichert<br />
Carl H. Reinhardt<br />
Adam T. Rhoades<br />
Barney L. Riesbeck<br />
J. Daniel Rivers<br />
Orem O. Robbins<br />
Alfred P. Robertson<br />
Gerard A. Rocchi<br />
Matthew T. Russo<br />
Steven W. Ryan<br />
R. Philip Sarnecki<br />
Joseph M. Savino<br />
Frank T. Scalese<br />
Chris<strong>to</strong>pher J. Schenkel<br />
Jayne N. Schiff<br />
William H. Schneidewind, Jr.<br />
Linda Schoenthaler<br />
Joy L. Schreder<br />
Colleen A. Schueneman<br />
John P. Schwan<br />
Maurice M. Schwartz<br />
Russell K. Schwartzbeck<br />
Michael F. Scovel<br />
Eugene J. Seaman<br />
Robert Seery<br />
Brad P. Seitzinger<br />
21
PRESIDENT’S DINNER<br />
Sponsored by<br />
Susan and Phil Richards, CLU ® , RHU ® , CFP ®<br />
Larry and Eliza Bar<strong>to</strong>n test a “Tommy Gun” at the Las Vegas<br />
Mob Museum, venue for the President’s Dinner.<br />
Art Kraus and Sal Farina.<br />
Mike Davidson, Huebner award winner, with his<br />
wife, Patti, and daughter, Abby.<br />
Huebner Award recipient Mike Davidson’s<br />
wife, Patti, and daughter, Abby.<br />
Susan Cooper and Phil Richards, 2013 President’s<br />
Circle co-chairs.<br />
Peter Nejad, Paul LaPiana, Jon Stenberg and Mike Kalen.<br />
Robin and Joe Sparacio.<br />
Phil and Sue Richards.<br />
Sophia and Lance Osborne.<br />
22<br />
Peter Browne, Foundation<br />
Board Chair.<br />
George Joseph and Sue and Fred Sievert.
10<br />
A DECADE OF PROGRESS<br />
2013 Huebner Gold Medal Recipient Mike Davidson, (far left), with past Huebner winners Fred Sievert, Peter Browne, Gloria La Grassa, Chuck Wright, Bud Schiff,<br />
Reg Rabjohns and Lou DiCerbo.<br />
Eliza and Larry Bar<strong>to</strong>n and Debra and Ed Boblitt.<br />
Jim Meehan, Susan Cooper and Paul Vignone.<br />
Linda Need and Lee Bethel.<br />
Leo and Marilyn Tucker.<br />
Hardy Vaughn and Betty Brady.<br />
“Vintage Vegas” performed as Dean Martin, Sammy Davis, Jr. and Frank Sinatra.<br />
Gigi and Peter Gola<strong>to</strong>.<br />
23
Individual Gifts in 2013<br />
Edward J. Shanahan<br />
Steven M. Silverman<br />
Carra J. Simmons<br />
Gary R. Sitzmann<br />
Allen A. Skogebo<br />
Marsha H. Slater<br />
Robert O. Smith<br />
Jeffrey W. Sons<br />
Robert L. Spinks<br />
Glenn E. Stevick, Jr.<br />
Bradley W. Stewart<br />
Edwin E. Stewart<br />
Maurice L. Stewart<br />
John R. S<strong>to</strong>ner<br />
Eugene H. S<strong>to</strong>rms<br />
Claudia H. S<strong>to</strong>wers<br />
Peter F. Striano III<br />
Edward M. Stuart<br />
Fernando Suarez<br />
Forrest G. Surles<br />
Eric K. Takao<br />
Derek J. Tamm<br />
Stephen C. Target<br />
Stephen D. Tarr<br />
Joe P. Teague<br />
Michael F. Tews<br />
Samuel T. <strong>The</strong>obald<br />
Scott P. <strong>The</strong>odore<br />
Soterios A. <strong>The</strong>ori<br />
Allen F. Thomas<br />
David J. Thompson<br />
John B. Tripoli<br />
Alessandro J. Tronco<br />
Leo C. Tucker, Jr.<br />
James T. Turner III<br />
Kimberly L. Turner<br />
Andrew G. Uram<br />
John F. Van Der Hyde<br />
Larry M. VandeVen, Jr.<br />
Michael Vanelli<br />
Mary C. Varner<br />
Joshua T. Waite<br />
William C. Wallace<br />
Stephanie A. Walsh<br />
William T. Walsh<br />
Robert J. Wal<strong>to</strong>s, Jr.<br />
Xiaoxu Wang<br />
William Watson<br />
Mark A. Weber<br />
Amanda Weitman<br />
Marlin D. Wells<br />
Robert J. Wernecke<br />
David F. West<br />
James E. Whistler<br />
David C. Whitney<br />
Tek R. Wiegert<br />
Brian D. Wilcox<br />
Melinda M. Wilke<br />
Larry C. Williams<br />
Paul P. Winkler<br />
Walter J. Woerheide<br />
David F. Woods<br />
Jonathan L. Wooley<br />
James R. Worrell, Sr.<br />
John W. Wright II<br />
Robert W. Wylie<br />
George S. Yackulic<br />
Ryan E. Yoder<br />
Jie Yu<br />
T. Scott Zach<br />
Michael G. Zorio<br />
Jeffrey Zuzolo<br />
1927 Society<br />
<strong>Annual</strong> Gifts of $250 <strong>to</strong> $749<br />
$500 <strong>to</strong> $749<br />
Stephen T. Adkins<br />
Charles E. Allen<br />
Donald W. Ames<br />
Edward C. Auble<br />
Gregory E. Baker<br />
Vernon G. Baker<br />
Chris<strong>to</strong>pher J. Bartnik<br />
John J. Baxter<br />
Jesse J. Bergland<br />
Anita I. Bergsten<br />
Jerrold J. Borrowman<br />
James A. Bouterse<br />
Wayne E. Bragg<br />
George B. Bryce<br />
Joseph T. Burkhard<br />
Alan B. Carl<br />
Randall Childress<br />
Jerry P. Cleaveland<br />
Jim J. Coffee<br />
Kurt D. Cowan<br />
Alan K. Davis<br />
Robert W. Dixon<br />
Charles R. Dobson, Sr.<br />
Mil<strong>to</strong>n L. Edgren, Jr.<br />
Michael Esposi<strong>to</strong><br />
Paul S. Faidley, Jr.<br />
James T. Flynn, Jr.<br />
Charles E. Garrity<br />
William H. Gill III<br />
Sandra E. Goodstein<br />
Timothy J. Grace<br />
Jim C. Harris<br />
Todd S. Healy<br />
Lynn M. Hedrick<br />
David J. Heeter<br />
Charles Heinz<br />
Earle W. Henn, Jr.<br />
Mark S. Hester<br />
Timothy L. Hickerson<br />
Edward D. Hinds III<br />
Kathleen A. Holmes<br />
Jerry F. Janacek<br />
Barry F. Johnson<br />
Michael Johnson<br />
Terry M. Kaltenbach<br />
Robert C. Karalius<br />
Michael C. Keenan<br />
William H. Kelly<br />
William D. Kinder<br />
David J. Krystel<br />
Tod D. Lashway<br />
Nicholas D. Latrenta<br />
Bao Chau T. Le<br />
Ronald H. Lesieur<br />
Steven J. Lindholm<br />
Charles A. Lingenfelter<br />
William G. Loventhal III<br />
Curtis L. Matlin<br />
Sherry S. McGhee<br />
Michael J. McLaughlin<br />
Terence R. McTigue<br />
Anthony D. Miller<br />
James H. Moore<br />
Alan P. Niemann<br />
Richard T. Nolan<br />
Robert J. O’Brien<br />
Kevin J. O’Connor<br />
Donald G. Olsen<br />
Michael D. Orr<br />
Charles D. Paff<br />
L. Sidney Pearce<br />
Scott R. Perry<br />
Carl W. Peterman, Jr.<br />
Robert A. Phares<br />
Ronald G. Pray<br />
John N. Prokopchak<br />
John S. Pugh<br />
Michelle A. Raber<br />
P. N. Risser III<br />
Ronald K. Ross<br />
Glen A. Rossman<br />
Charles F. Rowell, Jr.<br />
Tim W. Snow<br />
24
MAKING A DIFFERENCE<br />
10<br />
A DECADE OF PROGRESS<br />
Henry A. Deppe, CLU ®<br />
Henry A. Deppe, CLU ® possessed a positive energy that life insurance financial advisors wanted <strong>to</strong> absorb<br />
through osmosis. Deppe, a friend and men<strong>to</strong>r <strong>to</strong> Alan Press, CLU ® , LUTCF, was always surrounded by<br />
a group of people who believed that if they followed his pro<strong>to</strong>cols, they heightened their chances of<br />
success. “Henry proved them correct in that assessment,” said Press. “Henry shared his knowledge of<br />
the business freely, both inside and outside of Guardian, with all who wanted <strong>to</strong> learn from him.”<br />
Deppe was the leading General Agent for <strong>The</strong> Guardian Life Insurance Company of America for more<br />
than 20 years. He founded National Pension Service, Inc. and built it in<strong>to</strong> the company’s most productive<br />
agency. He sold NPS in 1987 after 30 very successful years.<br />
Deppe passed away on August 17, 2013, at the age of 93. He strongly supported <strong>The</strong> <strong>American</strong> <strong>College</strong> and believed that the knowledge<br />
it provided was the key <strong>to</strong> financial services professionalism. As a testament <strong>to</strong> his commitment <strong>to</strong> <strong>The</strong> <strong>College</strong>, a Chair in Pensions and<br />
Retirement Planning and an annual lecture series were established in Deppe’s name, thanks <strong>to</strong> the generosity of his friends, industry<br />
leaders, and <strong>The</strong> Guardian.<br />
<strong>The</strong> legacy of Henry Deppe will continue also with a very special gift he made <strong>to</strong> <strong>The</strong> <strong>College</strong>—a $250,000 life insurance policy. If you are<br />
considering making a gift of life insurance <strong>to</strong> <strong>The</strong> <strong>College</strong>, please contact Allen Thomas, JD, CAP ® , Vice President, Advancement, at<br />
Allen.Thomas@<strong>The</strong><strong>American</strong><strong>College</strong>.edu or 610-526-1422.<br />
O. Alfred Granum, CLU ®<br />
O. Alfred Granum, CLU ® was passionate about the work of financial professionals and believed in<br />
sharing everything he learned for the benefit of the entire industry.<br />
After earning his BA and MA in Life Insurance in 1943, Granum joined the U.S. Navy during the<br />
height of World War II. Upon returning home in 1946, he contracted with Northwestern Mutual in<br />
Amery, WI. He was appointed managing partner in Chicago, IL in 1963. During his tenure as<br />
managing partner, his agency became the first office in the industry <strong>to</strong> write more than $150 million<br />
dollars of new business in a 12-month period, ranked first in company volume and/or premium a staggering 37 times, and qualified 42<br />
of his 45 agents as MDRT members.<br />
Granum conducted groundbreaking research that ultimately led <strong>to</strong> the development of Client Building and the One Card System,<br />
a proven track <strong>to</strong> success for financial services professionals. After 23 legendary years, Granum retired from his managing partner<br />
position, but he continued teaching his Client Building system <strong>to</strong> help strengthen the profession on a global basis.<br />
Granum passed away on January 2, 2014, at the age of 91. He is the only person ever <strong>to</strong> be honored with the industry’s <strong>to</strong>p three<br />
awards: the Huebner Gold Medal from <strong>The</strong> <strong>American</strong> <strong>College</strong> in 2003, the John New<strong>to</strong>n Russell Award from NAIFA in 2002, and<br />
induction in<strong>to</strong> the GAMA International Management Hall of Fame in 1983. He was awarded a Chair in Practice Management at<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong>, endowed <strong>to</strong> him by his peers in 2001.<br />
To further honor his legacy and commitment <strong>to</strong> lifelong learning, Northwestern Mutual and <strong>The</strong> <strong>American</strong> <strong>College</strong> launched the<br />
Northwestern Mutual Granum Center for Financial Security in June 2012. To make a donation <strong>to</strong> the Center in memory of<br />
Al Granum, visit <strong>The</strong><strong>American</strong><strong>College</strong>.edu/giving/al-granum.<br />
25
ALUMNI EVENTS 2013<br />
Sponsored by<br />
MIAMI LIVE!<br />
January 14<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong> LIVE Alumni Tour kicked off its 2013 run in the Miami-Ft.<br />
Lauderdale area. Highlights included a panel discussion on “Mining Your Network.”<br />
Panelists included (from left), Joseph C. Chalom, CLU ® , LUTCF, Membership<br />
Chairperson at NAIFA-Broward, Robert Nuno, Financial Representative with<br />
Northwestern Mutual, and Evelyn Tai, CPA, CLU ® , ChFC ® , Financial Service<br />
Professional from New York Life. <strong>The</strong> discussion was moderated by Kevin<br />
Lawhon, CLU ® (right), Managing Partner at Northwestern Mutual, South<br />
Florida office.<br />
BOSTON LIVE!<br />
May 30<br />
<strong>The</strong> second s<strong>to</strong>p on the LIVE <strong>to</strong>ur was Bos<strong>to</strong>n. This event featured a presentation from Sophia Duffy, JD, CPA,<br />
(right) Assistant Professor of Employee Benefits, on “Planning for Families with Special Needs,” detailing how<br />
<strong>to</strong> maximize asset accumulation while protecting government entitlements. A panel discussion offering sales<br />
and marketing tips included, from left, Michael F. Barry, MSFS, CLU ® , ChFC ® , principal and founder of Barry<br />
Financial, LLC; Phil Harriman, CLU ® , ChFC ® , co-founder of Lebel & Harriman, LLP; and Jules Gaudreau, ChFC ® ,<br />
CIC, President and Owner of <strong>The</strong> Gaudreau Group. <strong>The</strong> discussion was moderated by Jennifer Borislow, CLU ®<br />
(<strong>to</strong>p right), President of Borislow Insurance, and Immediate Past President of MDRT.<br />
LA LIVE!<br />
September 24<br />
26<br />
<strong>The</strong> 2013 LIVE Alumni Tour made its last s<strong>to</strong>p in Los Angeles. Art Kraus, CLU ® , ChFC ® , CAP ® , (left), of<br />
Capital Intelligence Associates, provided opening remarks about <strong>The</strong> <strong>American</strong> <strong>College</strong> Alumni Association.<br />
An active organizer of LA LIVE since its inception, Art was inducted in<strong>to</strong> the Alumni Hall of Fame this year.<br />
Other highlights of the 2013 LA LIVE included a panel discussion moderated by Daralee Barbera, CFP ® , CLF ®<br />
(<strong>to</strong>p right) Managing Principal, Waddell and Reed, Costa Mesa, CA and incoming president of GAMA.<br />
Presenting on “Don’t Believe a Word About This Market” was Kenny Polcari, Direc<strong>to</strong>r of NYSE Floor<br />
Operations, O’Neil Securities, Inc.
10<br />
A DECADE OF PROGRESS<br />
William F. Solomon III<br />
Dean P. Sterling<br />
Perry L. Strombeck<br />
Rex M. Takahashi<br />
David M. Trail<br />
Gerald W. Tyson<br />
Douglas W. VanOrder<br />
David W. White<br />
Ruth W. White<br />
Terrence L. Wolf<br />
Robert O. Wright, Jr.<br />
Samuel G. Wurtzel<br />
Earl W. Young<br />
David W. Ziegler<br />
$250 <strong>to</strong> $499<br />
Edwin J. Ahrens, Jr.<br />
Rosemary T. Aitken<br />
Jason R. Akers<br />
Mark F. Alder<br />
Joseph L. Aldridge<br />
Ralph An<strong>to</strong>lino, Sr.<br />
Eduardo Arenas<br />
Jeff M. Atwell<br />
James J. Azzarello<br />
Odon L. Bacque, Jr.<br />
Guy E. Baker<br />
Nelson P. Ball<br />
Chet D. Bandy<br />
Bruce F. Barr<br />
Howard L. Bar<strong>to</strong><br />
Donald G. Beard, Jr.<br />
James B. Begley<br />
Billy R. Bell<br />
Herald F. Bennett<br />
Raymond L. Bertasi<br />
Kenneth R. Blackmon<br />
Tucker T. Bleakley<br />
Todd Bock<br />
Bradley H. Bofford<br />
Brian E. Booker<br />
Lawrence D. Bos, Jr.<br />
Fredrick W. Bowman<br />
Richard E. Boyd<br />
Andrew J. Braun<br />
Laurie A. Brazier<br />
Brian S. Brown<br />
Brett A. Bumgarner<br />
Rolen I. Burnette<br />
James L. Butler<br />
Cecil D. Bykerk<br />
Thomas J. Canale<br />
Ray D. Carter, Jr.<br />
Stephen A. Carter<br />
Stuart J. Cestia<br />
Pandelis P. Chryssos<strong>to</strong>mides<br />
Dominick V. Cianciotti<br />
William R. Clark<br />
James M. Clary<br />
Randi M. Clauson<br />
Sanford L. Cohn<br />
David A. Coiner<br />
Leonard B. Comberiate<br />
William T. Conine<br />
Barry A. Cook<br />
Chad E. Copley<br />
James J. Corbett<br />
James R. Corso<br />
Peter B. Crane<br />
Dodee F. Crockett<br />
Jeffrey P. Crosley<br />
Paul N. Cross<br />
Thomas P. Cunningham<br />
Clay D. Cuthbertson<br />
Vincent M. D’Addona<br />
Roy G. Daniels<br />
Clifford R. Davis, Jr.<br />
John R. Dean<br />
Thomas A. DeWerth<br />
William Dewey<br />
Leonard J. DiCostanzo<br />
C. Raymond Dietz, Jr.<br />
Derrick Dinger<br />
Daniel W. Dittman, Jr.<br />
James M. Ditzel<br />
Jack E. Dixon<br />
Carol B. Dobbs<br />
Cody K. Dolly<br />
Samuel C. Dowdy<br />
Lance E. Dragelin<br />
Robert P. Duca<strong>to</strong><br />
An<strong>to</strong>nio J. Durano III<br />
D. Richard Duryea<br />
Paul F. Duval, Jr.<br />
William T. Easley<br />
Simeon G. Eaves, Jr.<br />
Jane S. Eddy<br />
William A. Edwards, Jr.<br />
David B. Edwards<br />
Frederick A. Eisner<br />
John C. Ellis, Jr.<br />
Keith W. Erdahl<br />
Mark Erickson<br />
Michael M. Erpelding<br />
Scott R. Evans<br />
Andrew A. Falvey<br />
Stephen P. Feehan<br />
Robert G. Fick<br />
Russell J. Figueira<br />
Nicholas J. Fiori<strong>to</strong><br />
David S. Flecker<br />
Corey Fleisner<br />
Robert M. Florian<br />
Richard C. Flowers<br />
Robert G. Flynn<br />
Phillip B. Franczyk<br />
Eugene R. Frost<br />
Joan A. Fusco<br />
Benjamin D. Gantt<br />
Dorothy L. Gelb<br />
Thomas E. Gilliam<br />
Mario A. Giovannucci<br />
Stephen M. Gould<br />
Gordon L. Graham<br />
Ronald J. Grensteiner<br />
Arthur J. Grossman, Jr.<br />
George C. Grow<br />
Joseph F. Gryga<br />
Herman Gunter III<br />
David J. Hachey<br />
Anastasia L. Haggin<br />
Sally D. Hammons<br />
Richard L. Harris<br />
Robert C. Harris<br />
Rob M. Hayworth<br />
Michael B. Hendley<br />
Willard L. Hensel<br />
Rebecca M. Hergenroeder<br />
Phillip J. Hildebrand<br />
Jo Ann Hill<br />
Wayne S. Hill<br />
Lee W. Himmelmann<br />
Kevin L. Hittinger<br />
Paul F. Hoerrner, Jr.<br />
Randall P. Hoggard<br />
George O. Holland<br />
Matthew J. Holleran<br />
Gary C. Holvick, Jr.<br />
Donald Holzhammer<br />
David S. Hood<br />
Daniel D. Horning<br />
Blake J. Hornsby<br />
John J. Horrigan<br />
Walter E. Hossfeld, Jr.<br />
June D. Houck<br />
Loren L. Hsiao<br />
Cynthia R. Huber<br />
James L. Hughes, Jr.<br />
Eric Hutchinson<br />
Susan Y. Ihle<br />
Donnie E. Ingram<br />
Pat E. Ingram<br />
Albert C. Iovinelli<br />
Amy Jamrog<br />
Wendy L. Jestings<br />
Kent L. Johnson<br />
Robert E. Johnson<br />
Joseph E. Johns<strong>to</strong>n<br />
Raymond C. Jones, Jr.<br />
Douglas A. Jones<br />
Joe B. Jones<br />
Marquis E. Jones<br />
Seong Shin Joo<br />
Steve J. Jordan<br />
Thomas M. Joseph<br />
Bradley E. Justice<br />
Bruce H. Kan<strong>to</strong>r<br />
Kurt A. Kechely<br />
John B. Keeble IV<br />
Hollee A. Kier<br />
27 27
Individual Gifts in 2013<br />
Donald F. Kinnes<strong>to</strong>n<br />
David A. Knox<br />
Kurt R. Koehler<br />
Maria C. Kondracki<br />
Joshua S. Kosnick<br />
Dennis C. Krol<br />
Ryan D. Krueger<br />
Agnes L. Lam<br />
Kinh H. Lam<br />
Gregory K. Large<br />
Jordan R. Laser<br />
Larry L. Lauth<br />
Joel J. G. Lehman<br />
Philip E. Leopold<br />
Harold J. Leslie, Jr.<br />
Michael T. Leverty<br />
Sidney Levine<br />
Terry K. Lewis<br />
Vince M. Lockhart<br />
Robert E. Long<br />
William A. Long<br />
Marcos R. Lopez<br />
Ricardo Ludert<br />
Mary G. Lundstrom<br />
David R. Lyon<br />
Michael S. Macfarlane<br />
Suzanne T. MacFerrin<br />
Mark J. Marroni<br />
Carole H. Martin<br />
Kenneth A. Martin<br />
Harry K. Mathur<br />
Trent Mausser<br />
Steven J. Maynard<br />
Dan P. McBrayer<br />
Gerard E. McCaffrey<br />
Ward McCallister<br />
Richard S. McGarry<br />
James H. McGinnis<br />
Meghann P. McKenna<br />
Kim A. McLeland<br />
Michael J. McNeil<br />
Thomas McTigue<br />
George S. Measell<br />
Michael J. Meindertsma<br />
Gary S. Melnick<br />
Jorge E. Mercado<br />
Thomas A. Miller, Jr.<br />
Charles D. Miller<br />
Joshua E. Miller<br />
Keith Miller<br />
Sean K. Miller<br />
Sandra V. Mobley<br />
Chris<strong>to</strong>pher T. Molessa<br />
Pamela A. Monetti<br />
Paul S. Montello<br />
Timothy F. Moore<br />
John Morecraft<br />
Thomas A. Mullany<br />
Edward W. Murray<br />
Patrick Murray<br />
Shawn A. Murray<br />
Mark J. Napolin<br />
Robert B. Neighbor<br />
Jerry R. Neill<br />
Glenn S. Newlin<br />
Nannette Nocon<br />
Denise J. Nostrom<br />
Lester H. Novatkoski<br />
Henrietta K. Nye<br />
Danny A. O’Neal<br />
Stephen J. O’Neill<br />
Philip D. Owen<br />
Peter Paladino<br />
Roderic W. Parker<br />
Chad P. Parmenter<br />
David W. Parsons<br />
Jerome N. Pasichow<br />
Andrew R. Pavlin<br />
Dale E. Payne<br />
L. Howard Payne<br />
Audrey J. Peguero<br />
Walter R. Pierz<br />
Scott R. Pinheiro<br />
Dante P. Pizzuti<br />
Steven A. Plewes<br />
Coleman W. Pollard<br />
Fred J. Porter<br />
Elaine M. Potash<br />
Robert H. Purnell<br />
John T. Raisor<br />
Barry K. Rake<br />
Sedell G. Rand<br />
Steven D. Randall<br />
David E. Ratcliffe<br />
Timothy A. Reedy<br />
John R. Reher<br />
Randall D. Reichenbach<br />
Susan M. Reid<br />
Randolph H. Riegner<br />
Kevin B. Rigenhagen<br />
Daniel J. Roberts<br />
Ronald S. Rosbruch<br />
Andrew D. Rosenbaum<br />
Larry C. Rotherham<br />
Anne M. Rubeo<br />
Joseph E. Rudderow, Jr.<br />
John H. Ruhl, Jr.<br />
Kurt P. Rupprecht<br />
Daniel R. Ryel<br />
Richard J. Salva<strong>to</strong>re<br />
Michael E. Sbonik<br />
Frank J. Scarpa<br />
Scott D. Scheer<br />
Michael J. Scher<br />
Daniel J. Scholz<br />
Ronald S. Schwertfeger<br />
Frederick T. Scruggs, Jr.<br />
Elliott M. Server<br />
Robert A. Servidio<br />
Mansukh J. Shah<br />
Jamison B. Sharples<br />
Jon C. Shawl<br />
Barry P. Shelley<br />
Wellman D. Shew<br />
Walter J. Shields<br />
Calvin Shiu<br />
Robert W. Sidney<br />
Morris A. Silverman<br />
Gary M. Smith<br />
Nathaniel M. Smith<br />
Robert K. Snider<br />
James P. Sprout<br />
W. Gary Stemple<br />
Gayle B. Stephens<br />
John A. Stephens<br />
James W. Tait<br />
Aaron T. Tanner<br />
Gary W. Taylor<br />
Robert W. Terry<br />
Jamie R. Thomas<br />
Ruth G. Timme<br />
Joseph W. Tonyan<br />
Gregory D. Tyler<br />
Larry Van Ollefen<br />
Paul W. Vann<br />
Thomas R. Vaughn<br />
Mark D. Vehslage, Sr.<br />
Paul S. Viren<br />
Brian M. Vrana<br />
Vic<strong>to</strong>r E. Vuong<br />
Arlie G. Watkinson, Jr.<br />
Barron Weeks<br />
Ray L. Weiss<br />
John G. Wells<br />
Robert H. West<br />
Herbert C. White<br />
N. Susan Whitting<strong>to</strong>n<br />
Curtis R. Wiedeman<br />
Lance R. Williams<br />
William D. Williams<br />
Vernon R. Wilson, Jr.<br />
Deborah K. Wiltse<br />
Brian P. Winfield<br />
David A. Wischmeier<br />
Scott A. Wolf<br />
Charles E. Woodbury<br />
James R. Worrell, Jr.<br />
Mary M. Wright<br />
Jerome J. Zoracki<br />
$100 <strong>to</strong> $249<br />
James R. Aaron<br />
Terrence P. Abbott<br />
Charles J. Abboud<br />
Charles Adams<br />
Allen A. Albrecht<br />
28
10<br />
A DECADE OF PROGRESS<br />
Marvin L. Allender<br />
James M. Allotey<br />
Stephen E. Alloy<br />
Terry R. Altman<br />
Robert E. Anders<br />
Kurt A. Anderson<br />
Robert E. Anewalt<br />
Susan G. App<br />
Lynn C. Appelman<br />
Barbara C. Archer<br />
James E. Arnett<br />
Marc D. Arnold<br />
Richard P. Atlas<br />
George J. Audi<br />
Rocky Aw<br />
Fred T. Badyna<br />
David S. Bahnick<br />
Ronald E. Baiet<strong>to</strong><br />
William L. Bailey, Jr.<br />
Nikki V. Baker<br />
Brett A. Balch<br />
Joseph Baldo<br />
Barry D. Balliet<br />
Neil G. Ballotte<br />
John T. Bannen<br />
Michael H. Barber<br />
Larry M. Barnes<br />
R. Wayne Barnes<br />
David P. Barra<br />
Felix N. Barrera<br />
Robert J. Barrett, Jr.<br />
George R. Bartlett<br />
Oscar A. Bates<br />
William E. Bates<br />
Bruce K. Bauder<br />
Sandra K. Bawolek<br />
Thomas E. Beck<br />
Francis X. Becker, Jr.<br />
Gary S. Bedford<br />
Andrew J. Beierwaltes<br />
Willie E. Bell<br />
V. Stanley Benfell<br />
Andrew P. Benfield, Jr.<br />
Roger L. Bennett<br />
Bruce D. Ben<strong>to</strong>n<br />
Jeffrey M. Berg<br />
Brad Berger<br />
Howard R. Berger<br />
Richard S. Berger<br />
James W. Bergeron<br />
Walter B. Berman<br />
Gene P. Berry<br />
Jane E. Best<br />
Alan Besterman<br />
David L. Bickelhaupt<br />
David W. Bickler<br />
Chris<strong>to</strong>pher I. Blackwall<br />
Randolph R. Blackwood<br />
Paul A. Block<br />
Edward H. Bobbitt<br />
Walter T. Bonin<br />
Peter F. Bono<br />
Berge A. Borrevik<br />
Lee D. Bosko<br />
Michael S. Boullion<br />
Jon Boulware<br />
James W. Bowman<br />
Michael J. Boyce<br />
James F. Boylan<br />
Gary A. Bradford<br />
Susan M. Bradlau<br />
William L. Brams<br />
Jesse M. Branson, Sr.<br />
Joyce F. Breiner<br />
Terry L. Breitbord<br />
Barb J. Brenner<br />
Philip V. S. Brewer<br />
Michael L. Bridgman<br />
Elmer P. Brinkman<br />
Garnett K. Brockman<br />
Douglas D. Brown<br />
George P. Brown<br />
K. Mace Brown<br />
Monica E. Brown<br />
Vincent P. Brueggeman<br />
Seldon C. Brusa<br />
Paul F. Buckley<br />
Timothy K. Buderus<br />
Kevin F. Bultman<br />
Jeffrey R. Burch<br />
Neil F. Burke<br />
Michael D. Burson<br />
Robert L. Butler<br />
John K. Cain<br />
Michael J. Cajthaml<br />
Daniel A. Caldwell<br />
Michael A. Callahan<br />
Rico Camerone<br />
William H. Cantrell<br />
James V. Capuano, Jr.<br />
James J. Carbone<br />
Charles T. Carpenter<br />
Ronald H. Carr, Jr.<br />
Michael D. Carr<br />
Thomas B. Carreras<br />
V. Perry Carter<br />
William B. Cassidy<br />
Larry A. Catlos<br />
Juanita Causey<br />
Robert D. Cavanaugh<br />
Wally H. Cawthon<br />
Brian D. Cecy<br />
William R. Chambers III<br />
Michael E. Champion<br />
Peter S. Chan<br />
John C. Chanas<br />
John E. Chapman<br />
Young Choi<br />
Robert M. Christison<br />
John E. Church<br />
Robert W. Clark<br />
Thomas R. Clark<br />
Montyne K. Clay<br />
Ralph Clemmer<br />
Charles F. Clifford, Jr.<br />
Charles R. Cobb<br />
Carl<strong>to</strong>n L. Coffey<br />
Howard S. Cohen<br />
Jack Cohen<br />
Jeffrey C. Cohen<br />
Robert S. Cole, Jr.<br />
William H. Coleman, Jr.<br />
Stanley L. Comp<strong>to</strong>n<br />
Stephen J. Congdon<br />
Michael R. Connell<br />
William E. Cook, Jr.<br />
Donald R. Coomer<br />
David L. Corbin<br />
Camille A. Cosco<br />
Paul A. Cos<strong>to</strong>n<br />
Kevin W. Cox<br />
John G. Craddock<br />
Frank T. Crohn<br />
Stephen R. Crone<br />
William H. Crouch<br />
James E. Crowther<br />
Sam M. Culella<br />
John P. Cuomo<br />
Heidi S. Currey<br />
Kenneth W. Currie<br />
Naomi B. Cusack<br />
Steven N. Dahlquist<br />
Joseph R. D’Alessio<br />
Vincent C. Daley<br />
Venkaiah Dama<br />
David Damme<br />
Ralph A. Dargen<strong>to</strong><br />
Richard E. Darrah<br />
Dewey M. Darwin<br />
Ralph Davis, Jr.<br />
Gerald V. Davis<br />
Jeffrey W. Davis<br />
Frank P. DeBenedictis<br />
Gayle I. Delfs<br />
Jason F. DeMarzo<br />
James W. Diamond<br />
Michael M. Diemer<br />
John J. DiIanni<br />
Lee A. Doble, Jr.<br />
Deloria L. Doe<br />
Henry Donaghy<br />
Diane E. Donohue<br />
Joseph Donovan<br />
Julie A. Douglas<br />
Colin Dreyer<br />
Delmer A. Dreyer<br />
29
Individual Gifts in 2013<br />
George Dudikoff<br />
Gary L. Dziubek<br />
Charles E. Ebi-Deprey<br />
S. Bruce Edens<br />
R. Lee Chip Edmonson<br />
Bruce W. Edwards<br />
Kerry A. Edwards<br />
Patrick J. Edwards<br />
Charles R. Ehrenfried<br />
Michael S. Ekre<br />
Charles R. Elhoff, Jr.<br />
Robert C. Elwell<br />
L. Sue Erickson<br />
David Field<br />
David J. Fier<br />
A. Kenneth Fine<br />
Calvin M. Finn<br />
John B. Fischer<br />
Mary J. Fischer<br />
Richard L. Fish<br />
William S. Fisher<br />
Jed A. Fisk<br />
Thomas J. Flanagan, Jr.<br />
Gerald L. Fleck<br />
Daniel A. Flick<br />
Scott A. Fligel<br />
William J. Flood<br />
Philip J. Fogli, Jr.<br />
Mark R. Follett<br />
Mark Forcillo<br />
Randal E. Ford<br />
Mary E. Fort<br />
Frank J. Forte<br />
Charles E. Foster<br />
Michael T. Francisco<br />
David G. Frank<br />
Timothy J. Freeman<br />
Kenneth H. Fuirst<br />
Gregg T. Fujimo<strong>to</strong><br />
Martin J. Fuller<br />
E. Ray Fulmer<br />
Diego S. Furnari<br />
John J. Gajkowski<br />
Richard R. Gallipoli<br />
Samuel Galperin<br />
David A. Garcia<br />
Ronald H. Gardner<br />
David A. Gart<br />
Amanda M. Gausewitz<br />
Thomas J. Genera<br />
Cindy V. Gentry<br />
Brent R. George<br />
Jacqueline S. Georgio<br />
Wes<strong>to</strong>ver<br />
Gregory H. Gerew<br />
Roland R. Ghazal<br />
Charlotte J. Ghazarian<br />
Michael D. Glantz<br />
Paul Jay Glass<br />
Marion B. Godbold, Jr.<br />
Ellen S. Golden<br />
Howard B. Goode, Jr.<br />
Robert H. Gorman<br />
Randy A. Gorsuch<br />
Gary B. Grabowski<br />
Louis F. Grammes<br />
Bertram Grand<br />
Douglas J. Gribin<br />
Roger A. Griffith<br />
Joseph J. Guarneri<br />
John W. Gunyan<br />
David F. Gwynn<br />
Carl F. Hagen IV<br />
James J. Hagerty<br />
Lisa M. Hall<br />
Thomas J. Hall<br />
Erwin I. Hamet<br />
John M. Hamil<strong>to</strong>n<br />
Roger H. Hamm<br />
Coraline Hampson-Wiest<br />
Kevin P. Handford<br />
Walter K. Hannemann<br />
Carl R. Hansen<br />
Roderick P. Hansen<br />
James R. Harber<br />
Michael P. Harnett<br />
Dennis G. Harrelson<br />
Thomas D. Harring<strong>to</strong>n<br />
Jeffrey B. Harris<br />
Marilyn Salmond Harris<br />
Paul A. Harris<br />
Stephen L. Harris<br />
Philip C. Hart<br />
Benjamin J. Harvey<br />
Donald J. Haskell<br />
Chris<strong>to</strong>pher H. Hause<br />
James A. Hayden II<br />
Sandra E. Henderson<br />
Warner A. Henderson<br />
Leland J. Hendrie<br />
John C. Hensley, Jr.<br />
Sharon C. Herrick<br />
Larry E. Herring<br />
Deborah S. Hersh<br />
James R. Hickey<br />
David K. Hicok<br />
Norman R. Hines<br />
Patrick J. Hin<strong>to</strong>n<br />
Robert A. Hirsch<br />
Elinor K. Ho<br />
James A. Hobley, Sr.<br />
John J. Hoff<br />
Gary K. Hoffman<br />
John Hogin, Jr.<br />
Daniel Holl<br />
Gary B. Holloway<br />
Lan D. Hong<br />
James S. Honnert<br />
Russell Y. Hoota<br />
Joseph R. Hope<br />
John T. Hopper<br />
Thomas E. Horn<br />
John R. Howard, Jr.<br />
Peter K. Howard<br />
Robert E. Hoyt<br />
Casey B. Hudson<br />
Marvin C. Hughes<br />
Paul D. Hummel<br />
Carolyn A. Humphrey<br />
Jeffrey B. Hus<strong>to</strong>n<br />
Terry W. Hutchins<br />
Troy P. Hysmith<br />
Peter S. Ince<br />
John F. Infanti<br />
Tessa Ingel<br />
Robert L. Iola, Jr.<br />
Alfred G. Irish<br />
Lois L. Isbell<br />
Rhoda Israelov<br />
Arthur E. Jacowitz<br />
John R. Jagger<br />
Don L. Jandernoa<br />
Dennis J. Jarabek<br />
Peter T. Jaworski<br />
John C. Johnson III<br />
Park O. Johnson III<br />
George G. Johnson<br />
James H. Johnson<br />
Robert W. Johnson<br />
C. Kevin Jones<br />
Don M. Jones<br />
Douglas W. Jones<br />
D’Cater F. Joseph<br />
Rogers Joseph<br />
Michael M. Kane<br />
Thomas V. Kaspar, Jr.<br />
Lawrence G. Katz<br />
George R. Keeling<br />
Margaret A. Kelley<br />
Sharon A. Kiniry<br />
Karen J. Kirby<br />
Raymond E. Kiszely<br />
Michael L. Kleen<br />
Kenneth L. Kleinschmidt<br />
Daniel B. Kline<br />
Kevin F. Knobloch<br />
David L. Knutson<br />
Rodney W. Koch<br />
Donald M. Kohnstamm<br />
Wayne W. Kollas<br />
Ryan J. Kramer<br />
Charles W. Krause<br />
30
10<br />
A DECADE OF PROGRESS<br />
<strong>The</strong>odore S. Krause<br />
Stephen G. Krochmal, Jr.<br />
Paul Kronish<br />
Lindy D. Kurtzer<br />
Jim W. Kwon<br />
John J. Lacey, Jr.<br />
Harry K. Lackner<br />
Lisa M. Laliberte<br />
Jerry S. Lan<br />
Jeffrey W. Lang<br />
William P. Lange<br />
Larry B. Langford<br />
Eric Lapan<br />
Ronald L. Larcheveque<br />
John M. Largent<br />
Ronald D. C. Lau<br />
Chris<strong>to</strong>pher G. Lauer<br />
William B. Lee IV<br />
James W. Lee<br />
L. Taylor Lees<br />
Geoffrey A. Legg<br />
Samuel I. Lenoir<br />
Kurt A. Lenz<br />
Robert F. Leonard<br />
Brian R. Lessing<br />
Donald J. Levin<br />
Tommy G. Lewis II<br />
Douglas J. Licari<br />
Billy G. Lilly, Jr.<br />
Karl Lindekugel III<br />
Fred W. Lindlaw, Jr.<br />
Jack R. Lloyd<br />
Joseph J. Locke<br />
Jeffrey M. Lokken<br />
Joseph Lolli<br />
Craig S. Long<br />
David W. Love<br />
Paul F. Love<br />
Patricia B. Lovelette<br />
Daniel K. Loventhal<br />
Patricia S. Lucas<br />
James E. Luhrs<br />
Daniel V. Lundahl<br />
Louis J. Lyell<br />
Mark A. Lyons<br />
Richard K. MacBarron<br />
David P. Maddock<br />
Evan M. Madson<br />
Arnold T. Maeda<br />
Michael D. Magata<br />
William J. Magoon<br />
Carl G. Mammel<br />
John R. Mansfield<br />
Michael P. Margolin<br />
Vincent J. Marinelli<br />
Richard J. Marooney<br />
William J. Martino<br />
Vincent Mastro<br />
Mark R. Matulia<br />
Barbara T. Mauceri<br />
Peter F. Maunoir<br />
William F. May, Jr.<br />
Richard E. Maynard, Jr.<br />
Kenneth L. Mazzola<br />
Aus<strong>to</strong>n G. McCay<br />
Carolyn T. McClusky<br />
Thomas J. McCormick<br />
C. Jane McDermott<br />
Daniel E. McGarry, Jr.<br />
James C. McGill<br />
Andrew E. McIntyre<br />
James L. McKeever<br />
Allan T. McLean<br />
Jimmy McMillian, Jr.<br />
Stephen H. McNeil<br />
William A. McNulty<br />
Walter C. McRae<br />
Craig L. Meadows<br />
William J. Meagher<br />
Thomas V. Meaglia<br />
Angela C. Meehan<br />
James J. Meehan<br />
Ronald N. Meeker<br />
C. L. Meigs<br />
Martha Melberg-Rosner<br />
Steven T. Merkel<br />
Jack A. Merrigan<br />
J Robert Mershon<br />
Brian T. Metzger<br />
Fredric S. Meyers<br />
Kevin F. Meyers<br />
Martin A. Michaud<br />
Michael A. Milazzo<br />
Terry L. Millenbine<br />
Aaron J. Miller<br />
Edwin D. Miller<br />
Gary E. Miller<br />
Hugh W. Miller<br />
Ron J. Miller<br />
Stephen M. Miller<br />
Patricia L. Mione<br />
Martin J. Mitchell<br />
C. Brett Montich<br />
Thomas J. Mooney<br />
Barry R. Moore<br />
James M. Morgan III<br />
James E. Morgan<br />
Austin R. Morris<br />
Stephen B. Morris<br />
Frank J. Moschella<br />
Elizabeth Moss<br />
Michael R. Moyer<br />
John R. Mueller<br />
Gregg E. Muenster<br />
John Mulhall<br />
Annette R. Mulholland<br />
Sally W. Munford<br />
Joseph H. Murnane, Jr.<br />
Bruce A. Murphy<br />
Bruce E. Murphy<br />
William J. Murray<br />
Virginia A. Mylks<br />
Jonathan G. Nalon<br />
Edward R. Nelson, Jr.<br />
Michael A. Nemger<br />
Lowell C. Newsome, Jr.<br />
Barbara A. Noetzelman<br />
James M. Noonan<br />
Paul A. Nord<br />
Steven J. Norfolk<br />
Daniel L. Norris<br />
Charles E. Nowlin<br />
Gary R. Nuccio<br />
Linda N. Krantz<br />
Donald E. Oates<br />
Jack S. O’Brien<br />
Michael E. O’Brien<br />
Kodili Odimgbe<br />
John E. Ogden<br />
Kevin P. O’Leary<br />
James E. Olson<br />
Robert G. On<strong>to</strong>lchik<br />
Charles L. Orley<br />
Kim W. Pace<br />
Richard Pacha<br />
Tanya D. Pages<br />
Nicholas H. Palaian<br />
Douglas J. Parrish<br />
Lonnie H. Paster<br />
Michael S. Paul<br />
Jannie M. Pearson<br />
Leslie A. Peck<br />
Wayne A. Peck<br />
Dennis B. Pellegrini<br />
Ronald L. Perkins<br />
Gary J. Peters<br />
Joseph J. Petitti<br />
Dale E. Petretti<br />
Dzung N. Pham<br />
W. Luther Pierce IV<br />
Jacob Pilibosian<br />
Terry J. Pitchford<br />
Samuel H. Plexico<br />
Mary H. Plott<br />
Beal B. Plyler, Jr.<br />
Paul J. Podsiadlo<br />
Kenneth E. Porter<br />
Vic<strong>to</strong>r R. Portillo<br />
Jon L. Postyn<br />
Hillary K. Price<br />
Mark E. Prowell<br />
Matthew T. Prunier<br />
31
Individual Gifts in 2013<br />
O Ralph Puccinelli, Jr.<br />
James M. Pulling<br />
J. Thomas Purinai<br />
Michael C. Quilter<br />
Edward F. Quintus<br />
Jeff D. Radivan<br />
Jeffrey J. Rainer<br />
Rodney K. Raines<br />
John C. Ramos<br />
Peter A. Raskin<br />
John M. Reed<br />
Melvyn K. Reeves<br />
William H. Reichwald<br />
Robert A. Reid, Jr.<br />
Ernest L. Repice<br />
Robert E. Rice, Jr.<br />
Daniel Richards<br />
Duane J. Rivard<br />
Michael A. Rivera<br />
James J. Robertson<br />
Allan E. Robin<br />
David J. Rockman<br />
Brian B. Rockwell<br />
Raul Rodriguez<br />
Robert L. Roessler<br />
Thomas C. Rogers<br />
Janet S. Rood<br />
Brian Rorai<br />
Deeanna A. Rosenbaum<br />
Michael K. Rosenman<br />
Craig H. Roslien<br />
Stephanie M. W. Rothermich<br />
Gene T. Ruecker<br />
Daniel L. Rust<br />
Daniel J. Ryan<br />
Gilbert M. Sabatka<br />
Walter E. Sahm, Jr.<br />
Charles Samfilippo<br />
Melissa M. Saulisbury<br />
Mary K. Schaefers<br />
Arthur E. Schloss<br />
Boyn<strong>to</strong>n M. Schmitt<br />
Jack B. Schmitz<br />
Mark C. Schneider<br />
Bruce D. Schobel<br />
Erich J. Schramm<br />
Donald R. Schreiber<br />
Lawrence D. Schuffman<br />
Kyle W. Schultz<br />
Brian S. Seaman<br />
Philip R. Segal<br />
Laurence E. Seiden<br />
David W. Seward<br />
Harry D. Seybert<br />
An<strong>to</strong>inette J. Seymour<br />
Kimberly J. Shadduck<br />
Paul D. Shainheit<br />
John E. Sharpe<br />
Mark J. Sheahan<br />
David R. Sherrod<br />
David B. Short<br />
Don C. Sibold<br />
Nancy L. Sides<br />
Don M. Silk<br />
Edward L. Silverman<br />
Gary D. Sirak<br />
Frank R. Sites<br />
Larry H. Sitzer<br />
Dale H. Skinner<br />
Douglas E. Slinkman, Jr.<br />
Frank A. Sloan<br />
Donald R. Smith<br />
James M. Smith<br />
Mark B. Smith<br />
Michael E. Smith<br />
Perry L. Smith<br />
Richard S. Smith<br />
Jacob Smolensky<br />
James Solidum<br />
Daniel E. Sommers, Jr.<br />
Janice C. Soong<br />
Thomas L. Southern<br />
Horst O. Speidel<br />
Frank E. Spell<br />
Ron J. Spieles<br />
Wendy L. Spinner<br />
Mark R. Stanger<br />
Kenneth E. Stehlin<br />
Edward A. Stein<br />
Larry L. Steiner<br />
Jay W. Stenzel<br />
Denise M. Stephens<br />
Ronald E. Stephens<br />
Nancy A. Stewart<br />
Walter J. C. Stiver, Jr.<br />
Patrick S<strong>to</strong>ll<br />
Leo E. Strine<br />
Leo L. Syphus<br />
Robert T. Takata<br />
Mayumi Tamaki<br />
Matthew S. Tassey<br />
J. Lawrence Taunt<br />
Marcus J. Taylor<br />
Jeffrey W. Tegeler<br />
Timothy R. Tehan<br />
Charles W. Telfer<br />
James H. Temple<br />
Scott Terry<br />
Steven B. <strong>The</strong>ising<br />
H. Micheal Thomas<br />
Lauren S. Thomas<br />
John T. Thorne, Sr.<br />
Wins<strong>to</strong>n Tikaram<br />
David N. Tinsley<br />
Richard V. Tip<strong>to</strong>n<br />
William B. Tomkiel<br />
Gary E. Tredway<br />
David M. Tressler<br />
Steven G. Trojanov<br />
Jeffrey B. True<br />
Michael K. Turner<br />
James A. Twigg<br />
Leonard P. Ukrainetz<br />
Steven E. Ulmer<br />
Terry K. Urich<br />
Don Van Der Weide<br />
James R. Vandersluis<br />
Frederick W. VanNess<br />
Ryan Patrick Vavricka<br />
Prakash M. Velankar<br />
Carol J. Ventura<br />
Louis F. Venuso<br />
Sharon L. Viano<br />
Michael Lee Vodak<br />
John R. Vollmer<br />
Lambert J. VonBank<br />
Kenneth J. Wagner<br />
Kelly J. Walker<br />
Margaret W. Walker<br />
Brenden L. Walsh<br />
Jeffrey W. Waltmire<br />
Albert Wang<br />
Shu Yun Wang<br />
Alfred J. Warbur<strong>to</strong>n<br />
Glenn Ward<br />
James H. Watson<br />
Richard G. Watson<br />
Mark A. Watts<br />
Spencer L. Way<br />
John F. Wayland<br />
Lawrence P. Weatherford, Jr.<br />
Virginia E. Webb<br />
Jerry L. Wehrman<br />
Joseph Weinkle<br />
Norbert A. Weisbeck<br />
Robert . Weisman<br />
Dennis R. Werner<br />
Irwin R. Wetnight, Jr.<br />
Celeste H. Whisenant<br />
Peter S. White<br />
Sharon C. White<br />
R. Michael Whittenburg<br />
David P. Wiland<br />
Michael J. Wilcox<br />
Stanley J. Wilcox<br />
Wayne E. Williams<br />
Vic<strong>to</strong>r L. Williford, Jr.<br />
George E. Willock<br />
Roger I. Willroth<br />
Ronald J. Wilson<br />
Norman J. Wironen<br />
Joseph E. Wirth<br />
Samuel F. Wishon<br />
Steven T. Wisneski<br />
William T. Witmer<br />
Sally S. Witt<br />
32
10<br />
A DECADE OF PROGRESS<br />
Peter R. Wittman<br />
Gary T. Wolff<br />
Ronald I. Woodmansee<br />
Richard A. Woolf<br />
Walter R. Worley III<br />
Geoffrey A. Wright<br />
Richard W. Wright<br />
Jerry H. Yellen<br />
Ellen M. Yetter<br />
Juliana H. York<br />
Barry C. Young<br />
James S. Young<br />
Suzanne W. Yount<br />
Sam S. Zacharias<br />
Jerry W. Zillion<br />
$50 <strong>to</strong> $99<br />
Anthony C. Abbey<br />
Dane R. Ackerman<br />
Kevin G. Adams<br />
Alice K. Agyemang-Badu<br />
Margaret P. Aldrich<br />
Scott D. Alford<br />
Pam H. Alfred<br />
Richard T. Allen<br />
Charles A. Ambrosia<br />
Daniel Anaya<br />
Thomas J. Archer<br />
Curtis D. Babich<br />
Steven R. Baker<br />
George A. Barden<br />
Robert W. Barth<br />
Cheryl L. Basinger<br />
Cynthia C. Battle<br />
Mary E. Bayley<br />
Bassem H. Beaini<br />
Peter D. Beckman<br />
O. John Bedell<br />
James D. Beehler<br />
Vincent P. Benitez<br />
David L. Bernard<br />
Michael J. Ber<strong>to</strong>lette<br />
Stephen A. Bilohlavek<br />
Wallace D. Bitters<br />
Randel M. Blake<br />
Erich C. Blohm<br />
George Bloom<br />
Mark K. Bonhard<br />
Glenn N. Bower<br />
Curtis R. Bowersox<br />
Carol A. Bowling<br />
Glenn E. Bridwell<br />
Kristan R. Brinkley<br />
Dorothy E. Brokenicky<br />
William M. Brooks<br />
Thomas A. Brzezicki<br />
James J. Bufalo<br />
Raymond E. Burch<br />
Andrew H. Burke<br />
Mary A. Burt<br />
William L. Bush, Jr.<br />
Carroll R. Busher<br />
Nor<strong>to</strong>n Byer<br />
Stephen O. Carlson<br />
Dee K. Carter<br />
Jose E. Casillas<br />
Linda S. Cassel<br />
Christina O. Castro<br />
Clement L. Chichester<br />
Thomas F. Clark<br />
Jennifer R. Coleman<br />
Ernest Collyer<br />
William R. Cols<strong>to</strong>n<br />
Joseph P. Connor<br />
Gregory T. Conti<br />
Wayne P. Cooper<br />
Ralph R. Coppola<br />
Chris<strong>to</strong>pher M. Couillard<br />
Eugene R. Curry, Jr.<br />
Lonnie F. Darnell<br />
Sonya M. Dean<br />
David R. Delfino<br />
Darrell Dell’Andrea<br />
Karyn DeLuna<br />
Richard M. Den<strong>to</strong>n<br />
Glen W. DeZeeuw<br />
John M. Diehl<br />
Katherine N. Dietz<br />
Russell N. Dixon<br />
James H. Dowling, Jr.<br />
Ralph R. Drake<br />
Robert P. Dugan<br />
Doris L. Dunn<br />
M. Ehlert, Jr.<br />
Patricia M. Eisenhauer<br />
John S. Englin<br />
John B. Ensor<br />
Charles H. Everett, Jr.<br />
Gerald H. Fahning<br />
Michael A. Farley<br />
Frank J. Farring<strong>to</strong>n<br />
Ronald L. Fash<br />
Craig R. Filip<br />
John E. Flanagan<br />
Michael H. Fleischbein<br />
Ryan T. Fleming<br />
George F. Flood<br />
Daniel P. Foley<br />
Bertram R. Foster<br />
Robert M. Frazer<br />
Donald B. French<br />
Richard K. Friedstrom<br />
Thomas E. Futch<br />
Marcia M. Gallacher<br />
Matthew H. Garrow<br />
Edward W. Geer<br />
Terry L. Gerber<br />
Geoffrey A. Gibbs<br />
Marshall W. Gifford<br />
David M. Ginsberg<br />
Steven E. Glass<br />
Kevin G. Gleim<br />
Mark S. Gluckner<br />
Thomas M. Goehring<br />
Stephen H. Gordon<br />
Charles L. Gorenberg<br />
Jeffrey J. Gossard<br />
Robert B. Graham<br />
Charlene K. Granstra<br />
Thomas C. Grant<br />
Roland C. Greene, Jr.<br />
John Greer, Jr.<br />
Charles Grotyohann IV<br />
Arthur K. Gruber<br />
Gerard G. Guertin<br />
Connie C. Haddix<br />
Thomas A. Hale<br />
James W. Harden<br />
H. Wayne Harrell<br />
Daniel L. Hart<br />
Randal D. Harteau<br />
Mark W. Havanec<br />
Larry L. Herb<br />
Peter G. Herkey<br />
Richard J. Hestwood<br />
John T. Higginbotham<br />
David G. Hill<br />
James A. Hintz<br />
James F. Hoggard III<br />
Kurt S. Holmstead<br />
Eileen F. Holzman<br />
Vicki L. Hook<br />
William P. Hor<strong>to</strong>n III<br />
Robert L. Hughes, Jr.<br />
Ron E. Hughes<br />
Christina H. Huynh<br />
Thomas J. Ingelsby<br />
Douglas M. Ireland<br />
Charles L. James<br />
Joann E. Jensen<br />
Gary L. Johnson<br />
Rodney S. Johnson<br />
Bruce A. Jones<br />
Michael L. Jones<br />
Ronald L. Jones<br />
Eugene P. Jordan<br />
Marisa R. Joseph<br />
Gregory P. Kausch<br />
Robert E. Kelly<br />
Roger B. Kemp<br />
Charles Kennedy, Jr.<br />
Beverly M. Kiernan<br />
Stephen D. King<br />
Joseph T. Kivlin III<br />
Keith T. Klein<br />
Tami S. Klopp<br />
33
Individual Gifts in 2013<br />
Peter Kneip<br />
Andreas P. Kokkinos<br />
Deborah A. Kos<br />
Lawrence N. Kosciulek<br />
Kyle W. Kuehner<br />
Auburn C. Lambeth<br />
Gregory D. Lamprich<br />
Jon A. Law<br />
Jeffrey R. Layne<br />
Liam A. Leary<br />
Jeffrey D. Lehman<br />
Michael G. Leonard<br />
Maohong Li<br />
Steven P. Lichtblau<br />
Salva<strong>to</strong>re A. Loiacono<br />
George E. Lopata<br />
Cynthia M. Lopez<br />
Mary F. Luquette<br />
George W. Lurz<br />
Donald J. MacDonald<br />
Peter G. Magnuson<br />
Matthew S. Marcolina<br />
Richard A. Martin<br />
Jonathan W. Marvin<br />
Kevin W. Mazer<br />
Brent A. McCormick<br />
Kathleen M. McCully<br />
Joel M. McTague<br />
Matthew T. Mellett<br />
Jaime S. Mercado<br />
Nancy A. P. Mercado<br />
Kristen L. Mervine<br />
James P. Meyer<br />
Andrew J. Meyers<br />
Joyce F. Michelfelder<br />
Gerard R. Mikulski<br />
Thomas J. Miller<br />
Patrick W. Molinari<br />
Vincent J. Montelione<br />
Stephen C. Montgomery<br />
David J. Mon<strong>to</strong>ya<br />
Juan E. Morales Fortuno<br />
Albert J. Mor<strong>to</strong>n, Jr.<br />
Patrick R. Mor<strong>to</strong>n<br />
Peter S. Mullen<br />
Frank R. Murray<br />
John C. Murray<br />
James S. Neff II<br />
Robert A. Newman<br />
William B. Nicholson<br />
John B. Nikas<br />
Cheryl L. Norman<br />
Patty Norona<br />
J. Gregory Nor<strong>to</strong>n<br />
Vivian Ortiz<br />
Roscoe O. Or<strong>to</strong>n<br />
Robert K. Ostberg<br />
David M. Ostler<br />
Mitchell W. Ostrove<br />
David Panza<br />
Irvin H. Parolari<br />
Michael S. Peller<br />
Thomas S. Peterson<br />
Michael L. Petitjean<br />
William H. Popko<br />
Xavier J. Pujol<br />
George R. Quillet<br />
Lawrence J. Quinn<br />
Donald A. Redfern<br />
Roger I. Relfe<br />
James L. Richardson, Jr.<br />
Raymond D. Rizzo, Sr.<br />
Michael S. Ross<br />
D. Rex Rousselot<br />
Kathleen K. Ruane<br />
Robert W. Ruane<br />
Claudia S. Ruoti<br />
Joshua B. Ryan<br />
Sudhir Sahni<br />
Lucinda A. Salinas<br />
Fernando H. Sandoval<br />
Michael J. Schano<br />
Jennifer K. Scharfencamp<br />
Hans A. Schell<br />
Raymond C. Schenk<br />
Adam D. Seiden<br />
Dennis L. Shalters<br />
Thomas A. Shankland<br />
Darrell C. Shanks<br />
Ellsworth H. Shields<br />
Faith L. Sigler<br />
Donald J. Simon<br />
Matthew C. Smith<br />
Michael Sosnoski<br />
Joseph W. Sowell, Jr.<br />
Carey A. Spears<br />
Esmaralda Springer<br />
Susan F. Steinert<br />
Emrich M. Stellar, Jr.<br />
Arlyn R. S<strong>to</strong>kesbary<br />
Steven J. Strawbridge<br />
Robert A. Studin<br />
Robert R. Styrkowicz<br />
Richard W. Swan<br />
Daniel L. Tai<br />
William F. Tallent<br />
William M. Tarpley<br />
Larry L. Taylor<br />
Gene M. Toboyek<br />
Robert S. Toth<br />
Thomas A. Trotta<br />
William C. Tucker<br />
Rebecca D. Turner<br />
James E. Ulmer<br />
Robert M. Vandy<br />
Tim Veazey<br />
Harold W. Vestermark, Jr.<br />
Thomas H. Vickers III<br />
Mary T. Vogel<br />
Patrick R. Von Dohlen<br />
Maureen C. Von Stetina<br />
Tim VonEbers<br />
Janis L. Wagner<br />
Scott G. Wakefield, Jr.<br />
Shelby L. Ware<br />
Marilyn L. Wasser<br />
Rudolph D. Watz<br />
John H. Waugh<br />
Robert F. Weaver<br />
Kelli C. Webb<br />
James R. Wech<br />
Stephen B. Wechsler<br />
Dee D. Whittier<br />
David L. Wiegand<br />
Ian C. Wilkinson<br />
William A. Williams<br />
Alan B. Williamson<br />
Les G. Withrow<br />
Curtis S. Woods<br />
Andrew A. Zittell<br />
John D. Zuleger<br />
$10 <strong>to</strong> $50<br />
Byong J. An<br />
Margaret E. Anders<br />
Robin S. Anderson<br />
Melissa D. Bane<br />
Thomas J. Barber<br />
David L. Barclay<br />
Paul L. Bechly<br />
Roger G. Bensman<br />
Cynthia L. Blefgen<br />
John R. Boyer<br />
Carl E. Bracy<br />
Harry J. Brame<br />
Harvey Alan Brode<br />
Gerald M. Brown<br />
Allan E. Burrill<br />
Eric Capetillo<br />
Ber<strong>to</strong>n E. Card<br />
Ruben Cardenas, Jr.<br />
Bruce L. Carrow<br />
Jere S. Carter<br />
Michael S. Cassidy<br />
Robert J. Celichowski<br />
Frederick K. C. Chow<br />
Charles T. Cooper<br />
William E. Counts IV<br />
Robert W. Cusick<br />
Greg T. Damron<br />
Walter E. Daniel<br />
Joseph D. Davenport<br />
Thomas F. Defilippi<br />
Sean E. DeHaan<br />
Frank V. Della Penna<br />
Allen D. Dixon<br />
34
Ryan L. Donaghy<br />
Mark J. Dunlop<br />
L. Ray Farmer, Jr.<br />
Charles F. Farmer<br />
Frank M. Faron<br />
Gil L. Fash<br />
Bradford S. Fitts<br />
Rex D. Foster<br />
Herta C. Fuchs<br />
Stephen P. Fuller<br />
V. Carl Gacono<br />
Sanford L. Gold<br />
James W. Goodacre II<br />
Warren B. Goodman, Jr.<br />
Robert A. Gurman<br />
Gregory D. Gu<strong>to</strong>wski<br />
Kenneth J. Hall<br />
J. Jordan Hegedus<br />
William V. Henderson<br />
Harry M. Hipler<br />
Richard M. Hoe<br />
Steven M. Hoskins<br />
Vicki J. Howard<br />
Leasa E. Huffman<br />
William D. Hunkler<br />
Daniel D. Jackson<br />
Peter H. Jantz<br />
Eric M. Johannes<br />
Patrick T. Jones<br />
William D. Jones<br />
Geoffrey Kaercher<br />
James T. Kane, Jr.<br />
Lieselotte F. Kangas<br />
M. Alan Kedding<strong>to</strong>n<br />
Luke E. Keene<br />
Alvin Kingcade<br />
Frank C. Kinter<br />
Michael S. Kipniss<br />
Thomas J. Kloepfer<br />
Paul C. Koenig, Jr.<br />
John S. Konheim<br />
Paul R. Kopey<br />
Donald W. Kuerner<br />
Elena Leal<br />
Richard C. Lechthaler<br />
Stacy E. Leiting<br />
Herbert R. Levin<br />
Lisa L. Lockerman<br />
James M. Lombardo<br />
Richard W. Loney<br />
Casey R. Long<br />
Ellen E. Mack<br />
Louise E. Macky<br />
Fe S. Mallari<br />
Mary J. Mannella<br />
Donald A. Marco<br />
Edward P. Marquardt<br />
William P. McCarley<br />
Garry I. Milbrod<br />
Alan A. Miller<br />
John C. Miller<br />
Paul J. Minchella<br />
Casimir T. Mitchel<br />
Jack W. Montgomery<br />
D. Allen Morris, Jr.<br />
Raymond E. Morris<br />
David Moshinsky<br />
Charles H. Nelson<br />
Richard M. Nigro<br />
Richard D. Noah<br />
Glenn L. Noland<br />
Martin F. O’Brien<br />
Kristina W. Oswald<br />
G. David Parent<br />
Natallia Parsons<br />
Al Patel<br />
Howard E. Perry, Jr.<br />
Paul Nai Tai Poon<br />
John W. Porter<br />
Phyllis G. Proc<strong>to</strong>r<br />
Francis J. Rafacz<br />
Jerome J. Reding<strong>to</strong>n<br />
Juancarlo Rendon<br />
Marcelo P. Rodriguez<br />
Steven A. Rohrig<br />
William L. Roscher<br />
Richard S. Rosenthal<br />
Stephen C. Shaw<br />
Ronald T. Shelburne<br />
Peter J. Shevlin<br />
Albert G. Smith<br />
Deborah O. Smith<br />
Patricia Solebello-Friend<br />
Gary A. Squires<br />
Wayne R. S<strong>to</strong>ltenberg<br />
Marc L. Strent<br />
Marie Swaisgood<br />
John M. Swanno<br />
James M. Tate<br />
Simon G. H. Ter Avest<br />
Chad D. Thacker<br />
Jay M. Thompson<br />
Richard E. Thurz<br />
Peter B. Topping<br />
Francis P. Trentacosta<br />
Ronald J. Urban<br />
Larry E. Vandergiessen<br />
Ralph E. Varland<br />
Richard J. Veenhoven<br />
Alfred J. Volk<br />
Donald A. Waterbury<br />
James M. Watkins<br />
Eugene S. Weil, Jr.<br />
Scott R. Werber<br />
Robert G. Westberg<br />
Bruce A. Western<br />
Kimberly D. Whaley<br />
H. James Wheeler<br />
Christine A. White<br />
Marion S. White<br />
Russell E. Wilcox<br />
Robert L. Williams<br />
James L. Williamson<br />
Gary W. Wistrom<br />
Mark Yarwood<br />
Douglas Younger, Jr.<br />
Irving Zislin<br />
35
New Faculty and Staff<br />
ADAM BECK, JD, joined <strong>The</strong> <strong>American</strong><br />
<strong>College</strong> in August 2013 as Assistant<br />
Professor of Health Insurance. He is the<br />
instruc<strong>to</strong>r for HS 345 Essentials of Healthcare<br />
Reform, HS 346 <strong>The</strong> Healthcare Consultant,<br />
FP 77 Introduction <strong>to</strong> Healthcare Reform and<br />
HS 351 Health and Long-Term Care for Seniors.<br />
Adam is an at<strong>to</strong>rney who most recently practiced law in<br />
Philadelphia and has worked for Sellers Dorsey, a national<br />
healthcare consulting firm, two Presidential campaigns and<br />
the U.S. Department of Justice.<br />
C.W. COPELAND, Ph.D., joined <strong>The</strong><br />
<strong>American</strong> <strong>College</strong> in July 2013 as Assistant<br />
Professor of Insurance. In this capacity, he<br />
conducts scholarly research in behavioral<br />
economics and teaches graduate-level<br />
business courses. He is the instruc<strong>to</strong>r for<br />
FA257 Essentials of Life Insurance Products<br />
and HS 323 Individual Life Insurance. He is<br />
also a regular guest on radio and television shows, addressing<br />
audiences on financial planning strategies. Prior <strong>to</strong> joining<br />
<strong>The</strong> <strong>College</strong>, Dr. Copeland served for 13 years as an adjunct<br />
professor in the School of Business at Clark-Atlanta University<br />
and 15 years as an instruc<strong>to</strong>r with RS Thomas Training<br />
Associates, providing pre-licensing training, continuing<br />
education and business development advice for financial<br />
services professionals.<br />
FACULTY IN THE NEWS<br />
10<br />
A DECADE OF PROGRESS<br />
MELISANDE McCREA, Ph.D., joined <strong>The</strong><br />
<strong>American</strong> <strong>College</strong> in July 2013 as Associate Dean of<br />
Academics and Executive Direc<strong>to</strong>r of the New York<br />
Life Doc<strong>to</strong>ral Program. In this capacity, she assists with<br />
administration of <strong>The</strong> <strong>College</strong>’s academic programs<br />
and professional designations. Dr. McCrea most<br />
recently served on the faculty at Eastern University’s<br />
School of Management Studies where she taught research methods at<br />
the graduate and undergraduate level. Earlier in her career, she led the<br />
video communication efforts of Penn State University. Dr. McCrae’s<br />
areas of expertise include outcomes-based curriculum design,<br />
assessment of student learning, Human Performance Technology<br />
and research design.<br />
THOMAS ARMINGTON joined <strong>The</strong> <strong>American</strong><br />
<strong>College</strong> as Associate Vice President, Assessment,<br />
Institutional Research and Examinations. He is<br />
spearheading <strong>The</strong> <strong>College</strong>’s assessment efforts<br />
focused on developing a reposi<strong>to</strong>ry of data on<br />
student and institutional outcomes, and<br />
developing the process for using that data for<br />
continuous improvement. <strong>The</strong> purpose of assessment is <strong>to</strong> demonstrate<br />
the degree <strong>to</strong> which <strong>The</strong> <strong>College</strong> is fulfilling its mission of raising the<br />
level of professionalism of its students and, by extension, the financial<br />
services industry, with the larger goal of strengthening the financial<br />
security of the individuals, families, businesses and societies they serve.<br />
Tom has experience in large-scale data collections in the education,<br />
employment, and workforce training areas, with his most recent<br />
position being Senior Program Analyst with Mathematica Policy<br />
Research in Prince<strong>to</strong>n, N.J.<br />
Dr. Craig W. Lemoine, CFP ® , recently completed<br />
his Ph.D. in Personal Financial Planning from Texas<br />
Tech University. He is also finishing his term as<br />
Chair for the CFP Board’s Council on Education.<br />
Dr. Wade Pfau published, “Analyzing an Income<br />
Guarantee Rider in a Retirement Portfolio,” in<br />
the Journal of Retirement, Vol. 1, No. 1(Summer<br />
2013), and co-authored with Dr. Michael Finke,<br />
CFP ® , and David Blanchett, CFP ® , “<strong>The</strong> 4 Percent<br />
Rule Is Not Safe in a Low-Yield World,” in the Journal of<br />
Financial Planning, Vol. 26, No. 6 (June 2013). He also<br />
appeared on the San Diego radio show, Your Money Your<br />
Wealth, in August 2013; and, in July 2013, on the nationally<br />
syndicated show, Retirement Radio Network.<br />
Dr. David Nanigian recently presented “Capitalizing on<br />
the Greatest Anomaly in Finance with Mutual Funds” at<br />
the World Finance Conference. He also received media<br />
coverage for “5 Things You Should Know about Targetdate<br />
Funds” (Interest.com, July 15, 2013) and “Why Hyperactively<br />
Managed Funds” (Research Magazine, July 2013).<br />
Gerald J. Herbison, DBA, MSM, CASL ® , ChFC ® ,<br />
CFP ® , CLF ® , completed all the requirements for his<br />
DBA in August 2013. He received his degree from<br />
Wilming<strong>to</strong>n University in Delaware.<br />
36
Honoring Our Veterans Initiative 2013<br />
Thank you <strong>to</strong> the following individuals and companies for supporting <strong>The</strong> <strong>American</strong> <strong>College</strong>’s Honoring Our Veterans<br />
initiative benefiting the Penn Mutual Center for Veterans Affairs, which helps veterans transition <strong>to</strong> a career in financial<br />
services. <strong>The</strong>se contributions were received through December 31, 2013.<br />
Charles Adams<br />
Chris<strong>to</strong>pher J. Bartnik<br />
Chris<strong>to</strong>pher O. Blunt*<br />
James A. Bouterse<br />
George B. Bryce<br />
Natalie B. Choate<br />
Constance Cohrt<br />
Stanley L. Comp<strong>to</strong>n<br />
William T. Conine<br />
Stephen A. Cross, Sr.<br />
Naomi B. Cusack<br />
Frank V. Della Penna<br />
Amy C. Dewey<br />
Louis P. DiCerbo II<br />
David Field<br />
Russell J. Figueira<br />
Timothy C. Flanagan, Jr.<br />
George J. Harring<strong>to</strong>n<br />
Thomas D. Harring<strong>to</strong>n<br />
Thomas H. Harris<br />
Kevin L. Hittinger<br />
Casey B. Hudson<br />
Kistler-Tiffany Benefits<br />
<strong>The</strong>odore T. Kurlowicz<br />
Gloria M. La Grassa<br />
William J. Lemoine, Jr.<br />
Lincoln Financial Group Foundation<br />
Kevin M. Lynch<br />
Mary J. Mannella<br />
Eileen C. McDonnell<br />
Metropolitan Life Insurance Company<br />
Foundation<br />
Mutual Of Omaha Insurance Company<br />
Pacific Life Foundation<br />
Charles D. Paff<br />
Penn Mutual Life Insurance Company<br />
Principal Life Insurance Company<br />
Sue Rein<br />
Saybrus Partners, Inc.<br />
Ellsworth H. Shields<br />
Stephen D. Tarr<br />
E. Hardy Vaughn, Jr.*<br />
Shelby L. Ware<br />
Michael J. Wilcox<br />
Harold L. Wilshinsky<br />
* Made a pledge of $100,000 <strong>to</strong> establish a<br />
permanent Veterans Scholarship in honor<br />
of his father.<br />
Ph.D. Program Lifted by Generous Gifts<br />
<strong>The</strong> new Ph.D. in Financial and Retirement Planning received<br />
major support from New York Life luminaries in 2013. Sy<br />
Sternberg, CLU ® and Frederick J. Sievert, MSM, <strong>to</strong>gether<br />
gave $1 million <strong>to</strong> <strong>The</strong> <strong>American</strong> <strong>College</strong> <strong>to</strong> fund a doc<strong>to</strong>ral<br />
fellowship. <strong>The</strong> Sy Sternberg and Fred Sievert Doc<strong>to</strong>ral<br />
Fellowship will attract doc<strong>to</strong>ral fellows who will conduct<br />
state-of-the-art research on financial issues related <strong>to</strong><br />
retirement.<br />
Robert A. Miller, a longtime New York Life agent and past<br />
president of NAIFA, has also made a significant gift <strong>to</strong> the<br />
Ph.D. in Financial and Retirement Planning program at <strong>The</strong><br />
<strong>American</strong> <strong>College</strong>. <strong>The</strong> $125,000 gift, made in honor of his<br />
father, Sidney M. Miller, CLU ® , is funding scholarships for<br />
Ph.D. students who are New York Life employees.<br />
Sidney M. Miller was a <strong>to</strong>p agent at New York Life for<br />
over 60 years. He passed away on December 5, 2013 at<br />
the age of 86. He started the family business, now known<br />
as Miller-Pomerantz Insurance & Financial Services, in<br />
1951. His son, Robert, joined the business in 1982, and<br />
his son, Jonathan, followed in 1992. Honoring Sidney’s<br />
many years of service <strong>to</strong> the insurance industry, Robert’s<br />
gift will support the education of the most promising<br />
Ph.D. students.<br />
<strong>The</strong> research and teaching efforts of these Ph.D. fellows<br />
and students will expand the body of knowledge on<br />
financial issues related <strong>to</strong> retirement, further establish<br />
<strong>The</strong> <strong>College</strong> as a thought leader in the field, and help<br />
shape the future of the industry.<br />
Sy Sternberg, CLU ® Frederick J. Sievert, MSM<br />
37<br />
Sidney M. Miller, CLU ®
COMPANIES, FOUNDATIONS<br />
AND OTHER ORGANIZATIONS<br />
<strong>The</strong> giving recognized below includes direct contributions as well as corporate matching gifts.<br />
$1,000,000 and More<br />
New York Life Insurance Company and<br />
New York Life Foundation<br />
$750,000 <strong>to</strong> $999,999<br />
Northwestern Mutual Life Insurance<br />
Company and Northwestern Mutual<br />
Foundation<br />
State Farm Insurance Companies and State<br />
Farm Companies Foundation<br />
$500,000 <strong>to</strong> $749,999<br />
Penn Mutual Life Insurance Company<br />
$100,000 <strong>to</strong> $249,999<br />
Metropolitan Life Insurance Company and<br />
Metropolitan Life Insurance Company<br />
Foundation<br />
Prudential Financial and Prudential<br />
Foundation<br />
$50,000 <strong>to</strong> $99,999<br />
Ameritas Life Insurance Corporation,<br />
Ameritas Charitable Foundation and <strong>The</strong><br />
Union Central Life Insurance Company<br />
Pacific Life Insurance Company and Pacific<br />
Life Foundation<br />
$25,000 <strong>to</strong> $49,999<br />
Lincoln Financial Group Foundation<br />
OneAmerica<br />
Miller-Pomerantz LLC<br />
<strong>The</strong> Guardian Life Insurance Company<br />
Of America<br />
$10,000 <strong>to</strong> $24,999<br />
MassMutual Financial Group<br />
Mutual Of Omaha Insurance Company<br />
Nationwide Financial Services and<br />
Nationwide Foundation<br />
NCS Pearson, Inc.<br />
Ohio National Financial Services, Inc. and<br />
<strong>The</strong> Ohio National Foundation<br />
38<br />
Reinsurance Group of America,<br />
Incorporated<br />
Saybrus Partners, Inc.<br />
$5,000 <strong>to</strong> $9,999<br />
<strong>The</strong> Western and Southern Life Insurance<br />
Company<br />
Thrivent Financial for Lutherans<br />
Foundation<br />
$1,000 <strong>to</strong> $4,999<br />
AXA Foundation<br />
Richard Worrell General Agency, LLC<br />
Wells Fargo and Wells Fargo Foundation<br />
Less than $1,000<br />
Aegon Transamerica Foundation<br />
Aetna Foundation<br />
Bank Of America<br />
East Texas Communities Foundation<br />
Erie Insurance Group<br />
Farmers Insurance Group<br />
Fourth Partner Foundation<br />
Henry & Peters, P.C.<br />
John Hancock Life Insurance Company<br />
Kentucky Chapter of NAFIC, Inc.<br />
Mutual of America Life Insurance<br />
Company<br />
National Life Group<br />
Principal Financial Group Foundation<br />
Prothro, Wilhelmi & Company PLLC<br />
Securian Financial Group, Inc.<br />
Security Mutual Insurance Company<br />
Symetra Financial Corporation<br />
<strong>The</strong> Utica National Insurance Group<br />
Tyler TCM Investments, LLC<br />
Members of the Cary M. Maguire Center<br />
for Ethics in Financial Services<br />
Corporate Members<br />
CNO Financial Group<br />
M Financial Group<br />
Metropolitan Life Insurance Company<br />
Nationwide Financial Services<br />
New York Life Insurance Company<br />
Northwestern Mutual Life Insurance<br />
Company<br />
Pacific Life Insurance Company<br />
Penn Mutual Life Insurance Company<br />
Prudential Financial<br />
Securian Financial Group, Inc.<br />
SilverS<strong>to</strong>ne Group<br />
State Farm Insurance Companies<br />
Thrivent Financial for Lutherans<br />
Foundation<br />
Western & Southern Life Insurance<br />
Companies<br />
Industry Fellow Members<br />
Arlen Corporation<br />
Barry, Evans, Josephs & Snipes<br />
BryanMark Financial Group, Inc.<br />
Capital Plan, Inc.<br />
Chernoff Diamond & Co., LLC<br />
Corners<strong>to</strong>ne Institutional Inves<strong>to</strong>rs,Inc.<br />
<strong>The</strong> Coyle Company<br />
CFG Business Solutions, LLC<br />
Merrill Lynch Wealth Management<br />
SilverS<strong>to</strong>ne Group
2013 ALUMNI CRUISE TO BRITISH ISLES<br />
<strong>The</strong> <strong>College</strong>’s 17th annual Alumni Travel-Learn Cruise sailed along the coasts of Ireland, Scotland, England,<br />
and France on the Solstice-Class Celebrity Infinity. Toward the end of the cruise, alumni had the chance <strong>to</strong><br />
<strong>to</strong>ur one of Scotland’s most dramatic locations, the ruins of the Urquhart Castle overlooking Loch Ness.<br />
Cruise participants included bot<strong>to</strong>m row (left <strong>to</strong> right): Swee Ter, MBBS; Lucille Pacheco;<br />
Chris Pacheco; Susan Martin, MSM, CLU ® , LUTCF, RHU ® , REBC ® , ChHC ® ; Mike Corey;<br />
and Lisa Kohler, ChFC ® , CLU ® . Middle Row (left <strong>to</strong> right): Walt Shields, MSFS, CLU ® ,<br />
ChFC ® , LUTCF; Denny Axman, LUTCF, CLU ® , ChFC ® ; Sam Wurtzel, CLU ® , ChFC ® ; Bill<br />
Swalick, CLU ® , ChFC ® , CAP ® , CASL ® , MSFS, MSM; Tip Cronin, CAP ® , CLU ® ; and Bud<br />
Rowell, Jr., CLU ® . Top Row (left <strong>to</strong> right): Dr. Larry Bar<strong>to</strong>n, CAP ® ; Peter Browne, LUTCF;<br />
and Kevin Dougherty.<br />
On the “Best of Europe” Travel-Learn Cruise, Dr. Larry Bar<strong>to</strong>n, PhD,<br />
CAP ® , presented a continuing education opportunity, “Risk Management<br />
in a New Global Economy.” Participants discussed a case study involving<br />
the Sandy Hook Elementary School shooting.<br />
<strong>The</strong> cruise also featured the option of<br />
a special pre-cruise weekend in Paris.<br />
Participants had the opportunity <strong>to</strong><br />
<strong>to</strong>ur the city’s famous landmarks,<br />
like the Eiffel Tower and the Arc de<br />
Triomphe.<br />
Trustee Mike Corey, at right, presented a CE session titled “Identifying High Impact<br />
Talent: An Insider’s Periscope on Your Next Best Hire” during the cruise through the<br />
British Isles. He is pictured (right) with Tip Cronin, CLU ® , CAP ® , Senior Vice<br />
President of Advancement at <strong>The</strong> <strong>American</strong> <strong>College</strong>, Eliza Bar<strong>to</strong>n, CAP ® and<br />
Dr. Larry Bar<strong>to</strong>n, CAP ® .<br />
39
Faculty Speaker<br />
Dr. Larry Bar<strong>to</strong>n<br />
“Risk Management and Financial Advisors”<br />
2014<br />
10 NIGHTS<br />
OCTOBER 6-16<br />
Silversea’s Silver Whisper<br />
18th Alumni Cruise<br />
Earn Continuing Education Credits Aboard<br />
the Most Honored Cruise Line in the World<br />
Call our exclusive agent:<br />
800-422-0711<br />
Mail:<br />
Continuing Education, Inc./University at<br />
Sea/Cruise Meetings - Florida Seller of Travel # 14337<br />
5700 4 th St. N.<br />
St. Petersburg, Florida 33703-2526<br />
40<br />
33
BOARD OF TRUSTEES<br />
David M. Anderson<br />
TIAA-CREF Life Insurance Co.<br />
Laurence Bar<strong>to</strong>n, CAP ® , PhD<br />
(Ex Officio)<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Michael A. Bell<br />
Pacific Life Insurance Co.<br />
Wendy A. Benson<br />
MassMutual Financial Group<br />
Lee V. Bethel, CLU ® , ChFC ® , REBC ® , RHU ®<br />
CAP ® , ChHC ®<br />
Comprehensive Benefit Services, Inc.<br />
Chris<strong>to</strong>pher O. Blunt, ChFC ® , CAP ® , CLU ®<br />
New York Life<br />
Peter C. Browne, LUTCF<br />
(Ex Officio)<br />
PRB Wealth Management<br />
Edward W. Cassidy<br />
<strong>The</strong> Phoenix Companies<br />
Nicholas M. Cecere, LUTCF, CLU ® , ChFC ®<br />
Principal Financial Group<br />
George I. Connolly, CLU ® , ChFC ®<br />
Securian Financial Group<br />
Susan M. Cooper, MSM, CFP ® , CLU ® , ChFC ® , CAP ®<br />
Penn Mutual Life Insurance Co.<br />
Michael J. Corey<br />
MJC Ventures, Inc.<br />
Ralph L. (Chip) Crews, CLU ® , ChFC ®<br />
Consultant<br />
Michael C. Davidson, MSM, CLU ® , CAP ®<br />
(Past Chairman)<br />
Retired, State Farm Insurance Companies<br />
J. Scott Davison, CLU ® , ChFC ®<br />
OneAmerica Financial Partners, Inc.<br />
Caroline Feeney, CLU ® , ChFC ®<br />
Prudential Insurance Company<br />
Anthony M. Garcia<br />
Western-Southern Agency Group<br />
Peter A. Gola<strong>to</strong>, CLU ® , ChFC ®<br />
Nationwide Financial<br />
Randall H. Harbert, CLU ®<br />
State Farm Insurance Companies<br />
Thomas H. Harris, CLU ® , ChFC ®<br />
Penn Mutual Life Insurance Co.<br />
John L. Haver, JD, CLU ® , ChFC ®<br />
Mutual of Omaha<br />
Gary T. (Doc) Huffman, CLU ® , ChFC ®<br />
Ohio National Financial Services<br />
Fred H. Jonske<br />
M Financial Group<br />
Michael L. Kalen, CLU ® , ChFC ®<br />
Futurity First Insurance Group, Inc.<br />
Terri R. Kallsen, CFP ®<br />
Charles Schwab & Co.<br />
Paul A. LaPiana, CFP ®<br />
MetLife<br />
James J. Meehan, MSM<br />
(Corporate Secretary)<br />
1847 Financial<br />
James A. Mitchell, CLU ® , ChFC ®<br />
Retired, IDS Life Insurance Co.<br />
Linda S. Need, CFP ® , CAP ®<br />
(Vice Chair)<br />
Wells Fargo Insurance Services USA<br />
Scott R. Perry<br />
CNO Financial Group &<br />
Bankers Life & Casualty Co.<br />
Robert B. Plybon, CLU ® , ChFC ®<br />
(Life Trustee)<br />
Plybon & Associates<br />
Reginald N. Rabjohns, CLU ® , ChFC ®<br />
(Ex Officio)<br />
Secure Futures<br />
Phillip C. Richards, CLU ® , CFP ® , RHU ®<br />
North Star Resource Group<br />
Michael Rosenzweig, CLU ® , ChFC ® , AEP<br />
Rosenzweig Financial Services<br />
Albert J. (Bud) Schiff, CLU ® , CAP ®<br />
Alvarez & Marsal-Executive Benefits Consulting<br />
Todd M. Schoon, JD, CLU ® , ChFC ®<br />
(Chairman)<br />
Northwestern Mutual<br />
Robert D. Shapiro, CLU ®<br />
<strong>The</strong> Shapiro Network, Inc.<br />
Frederick J. Sievert, MSM<br />
(Life Trustee)<br />
Retired, New York Life Insurance Co.<br />
Nikki L. Sorum<br />
Thrivent Financial for Lutherans<br />
Jon S. Stenberg, ChFC ®<br />
Ameriprise Financial<br />
Thomas P. Tooley, CLU ® , ChFC ®<br />
Lincoln Financial Distribu<strong>to</strong>rs, Inc.<br />
Leo C. Tucker, CLU ®<br />
<strong>The</strong> Washing<strong>to</strong>n Group<br />
Michael J. Vietri, CLU ®<br />
<strong>The</strong> Producers Group<br />
41
BOARD OF TRUSTEES (Continued)<br />
Robert J. Wernecke, CLU ®<br />
(Life Trustee)<br />
ECA Financial Services, Inc.<br />
Doyle J. Williams, CLU ® , ChFC ®<br />
COUNTRY Financial<br />
Charles R. Wright, CLU ® , ChFC ® , CAP ®<br />
(Life Trustee)<br />
Retired, State Farm Insurance Companies<br />
Robert “Bucky” Wright<br />
AXA Advisors, LLC<br />
ALUMNI ASSOCIATION BOARD OF ADVISORS<br />
Kevin Baldwin, CLU ® , ChFC ® , CAP ®<br />
One America Securities<br />
Jeff S. Bar<strong>to</strong>n, MSM, CLU ® , ChFC ® , CASL ®<br />
State Farm Insurance Companies<br />
Laurence Bar<strong>to</strong>n, CAP ® , PhD<br />
(Ex Officio)<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Matthew Berger, CLF ®<br />
AFLAC<br />
Doug Bohannon, LUTCF, CLU ® , ChFC ® , CASL ® , CLF ®<br />
State Farm Insurance Companies<br />
Jerry Borrowman, MSFS, CLU ® , ChFC ® , LUTCF, CAP ®<br />
Penn Mutual Life Insurance Co.<br />
Matthew Curran, CLU ® , ChFC ®<br />
Wells Fargo Wealth Management<br />
Heather Davis, JD, CLU ® , ChFC ®<br />
New York Life Insurance Company<br />
Jason Early<br />
Creative Financial Group -New England Fin.<br />
Steven D. Earhart, MSFS, CFP ® , CLU ® , ChFC ®<br />
Devon Financial Partners, LLC<br />
Robert A. Faingold, MSM, CLF ®<br />
Unifi Companies<br />
Harris Fishman, CLU ® , ChFC ®<br />
Massachusetts Mutual Financial Group<br />
Diane Hack Gould, MSFS, CLU ® , ChFC ® , CAP ®<br />
New York Life Insurance Company<br />
Keith B. Kronen, CLU ® , ChFC ® , CASL ® , CLF ®<br />
<strong>The</strong> Guinan Financial Group<br />
Ken Meier, CLF ®<br />
<strong>The</strong> Guinan Financial Group<br />
Gary Melnick, CLU ® , ChFC ®<br />
Penn Mutual Life Insurance Co.<br />
Bayne Northern, MSM, CLU ® , ChFC ®<br />
Penn Mutual Life Insurance Co.<br />
James A. Petersen, MSFS, CFP ® , CLU ® , ChFC ® ,<br />
CASL ® , CLF ® , AEP<br />
First Command Financial Services, Inc.<br />
Lucas Quaccia, CLU ®<br />
New York Life Insurance Company<br />
John J. Rocco, MSFS, CLU ®<br />
Rocco Financial Group/NYLIC<br />
Michael Rosenzweig, CLU ® , ChFC ® , AEP<br />
Penn Mutual Life Insurance Co.<br />
Rosenzweig Financial Services<br />
Jayne N. Schiff, CLU ® , ChFC ® , REBC ® , CAP ®<br />
Schiff Benefits Group<br />
Michael Scovel, MSM, CLU ® , ChFC ®<br />
New York Life Insurance Company<br />
Stephen C. Target, CLU ®<br />
1847 Financial<br />
42
FOUNDATION BOARD OF DIRECTORS<br />
Laurence Bar<strong>to</strong>n, CAP ® , PhD<br />
(ex officio)<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Debra Boblitt, CLF ®<br />
(Secretary)<br />
State Farm Insurance Companies<br />
Peter C. Browne, LUTCF<br />
(Chair)<br />
PRB Wealth Management<br />
Andrew J. Bucklee, CFP ® , CLU ® , ChFC ®<br />
Lincoln Financial Distribu<strong>to</strong>rs<br />
Howard B. Cowan, CLU ® , ChFC ®<br />
Cowan Financial Group<br />
Charles T. (Tip) Cronin III, CLU ® , CAP ®<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
Louis P. DiCerbo II, LUTCF,<br />
CLU ® , ChFC ®<br />
DiCerbo P.C.P. and Associates, Inc.<br />
Salva<strong>to</strong>re F. Farina, MSM, CLU ® ,<br />
ChFC ® , CLF ®<br />
New York Life Insurance Company<br />
Neal R. Fegely, CPA<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
R. David Fritz, Jr., CLU ®<br />
Executive Benefits Network<br />
Salene Hitchcock-Gear, JD<br />
Acacia Life Insurance Company<br />
Ameritas Investment Corporation<br />
Rodger K. Johnson, MSFS, CLU ® , ChFC ® , CAP ®<br />
Johnson Financial Group<br />
Joseph W. Jordan<br />
Arnold M. Katz, CLU ®<br />
AMK Concepts, Inc.<br />
Arthur D. Kraus, CLU ® , ChFC ® , CAP ®<br />
Capital Intelligence Associates, Inc.<br />
Richard A. Liddy, CLU ®<br />
Retired, General <strong>American</strong> Life Insurance Company<br />
Ronald E. Long, CLU ® , ChFC ®<br />
Sharebridge Private Equity Consolidated<br />
Eugene F. LoVasco, JD, CPA, CLU ®<br />
(Vice Chair)<br />
Lovasco Consulting Group<br />
J. Lance Osborne, CLF ®<br />
Aflac<br />
Reginald N. Rabjohns, CLU ® , ChFC ®<br />
(Immediate Past Chair)<br />
Secure Futures<br />
Mark Rooney, CFP ® , ChFC ® , CLU ®<br />
AXA Advisors, LLC<br />
Michael Rosenzweig, CLU ® , ChFC ®<br />
Rosenzweig Financial Services<br />
Albert J. (Bud) Schiff, CLU ® , CAP ®<br />
Alvarez & Marsal - Executive Benefits<br />
Todd M. Schoon, JD, CLU ® , ChFC ®<br />
(ex officio)<br />
Northwestern Mutual<br />
Joel A. Shapiro, MSFS, CLU ® , ChFC ®<br />
Bartmon, Shapiro and Associates, Inc.<br />
Joseph Sparacio, CLU ® , CLF ®<br />
MassMutual Financial Group<br />
Donald P. Sullivan, Jr., CFP ®<br />
<strong>The</strong> Guardian Life Insurance Company of America<br />
E. Hardy Vaughn, Jr., MSFS, CLU ® , ChFC ® , CAP ®<br />
<strong>The</strong> Vaughn Group, Inc.<br />
Paul E. Vignone, JD, CLU ® , ChFC ®<br />
Penn Mutual Life Insurance Company<br />
Charles R. Wright, CLU ® , ChFC ® , CAP ®<br />
Retired, State Farm Insurance Companies<br />
John (Jack) G. Wells, CPA<br />
<strong>The</strong> <strong>American</strong> <strong>College</strong><br />
EMERITUS DIRECTORS<br />
Brian S. Brown, CLU ® , ChFC ®<br />
Atlanta, GA<br />
Jarrett L. Davis III, CLU ®<br />
Atlanta, GA<br />
Lee M. Gammill, Jr., CLU ®<br />
Ross, CA<br />
Gloria M. La Grassa, CLU ® , ChFC ®<br />
Basking Ridge, NJ<br />
James A. Mitchell, CLU ® , ChFC ®<br />
Minneapolis, MN<br />
Thomas J. O’Haren, CLU ® , ChFC ®<br />
Marietta, GA<br />
William B. Wallace, CLU ® , ChFC ® , CAP ®<br />
Po<strong>to</strong>mac, MD<br />
43
FINANCIAL PERFORMANCE<br />
2013 Expense Composition<br />
2013 Revenue Sources<br />
10% 11%<br />
12%<br />
38% 52%<br />
16%<br />
61%<br />
Salaries and Benefits<br />
Academic and General and Administrative<br />
Occupancy costs (Including Depreciation)<br />
Student Fees<br />
Educational Materials<br />
Contributions<br />
Investments and Other Income<br />
Total Charitable Cash Gifts<br />
Total Charitable Gifts and Pledges<br />
Revenue Sources 2009-2013<br />
Financial information for 2013 in the Revenue and Expense graphics<br />
on this page is based on preliminary, unaudited data from January<br />
1, 2013 <strong>to</strong> December 31, 2013. All other graphics are based on the<br />
corresponding years’ annual audits. <strong>The</strong> Total Charitable Gifts and<br />
Pledges bar chart represents contributions on a Generally Accepted<br />
Accounting Principles basis. <strong>The</strong> Total Charitable Cash Gifts bar<br />
chart includes all receipts in the designated year, including payments<br />
made on previous pledges.<br />
44
OF FINANCIAL SERVICES ®<br />
270 S Bryn Mawr Avenue<br />
Bryn Mawr, PA 19010<br />
Don’t Miss <strong>The</strong><br />
President’s Dinner<br />
& Reception<br />
2014<br />
Plan now <strong>to</strong> attend next year’s President’s<br />
Dinner in New York City! You won’t want <strong>to</strong><br />
miss this invitation-only, black-tie gala amidst<br />
the splendor of Gotham Hall during the holiday<br />
season. Enjoy an evening of delicious dining,<br />
live entertainment and the presentation of the<br />
69 th Huebner Gold Medal.<br />
December 5, 2014<br />
For more information contact<br />
Rana.McNamara@<strong>The</strong><strong>American</strong><strong>College</strong>.edu<br />
610-526-1323<br />
45