The Finance Advisory Board, established in 1998 by the Department of Finance at DePaul University (the Department) is comprised of a select group of distinguished business, government and academic leaders. The purpose of the group is to: (1) advise the Department on matters such as: curriculum development and enhancement, graduate placement, workshop offerings and executive development, faculty development and external relations, (2) where appropriate, assist the chairman of the Department regarding external funding aimed at advancing the mission of the Department of Finance, and (3) participate in the annual nomination and selection of a distinguished financial executive who will be recognized as the "Financial Executive of the Year" by the Finance Advisory Board and the DePaul Chapter of the Financial Management Association National Honor Society.
MISSIONThe Goals of the Finance Advisory Board (the Board) are to:
To join the Finance Advisory Board, an individual must be nominated by a Board member, the faculty of Finance at DePaul University, Dean of College of Commerce or the President of DePaul University and approved by the Board. The nominee must be a corporate sector executive serving as a chairman of the board, president, chief executive officer, chief operating officer, chief financial officer, controller, treasurer or vice president, or the equivalent of one of the above in the public sector, a principal or a partner in an investment house or accounting or consulting firm, or an academic of significant standing. (This requirement may be waived by the Board's President.) Membership on the Finance Advisory Board is limited to 50 individuals. Membership terms are five-year periods, subject to annual renewals. When all 50 memberships are filled, a waiting list will be established. The recipients of the Financial Executive of the Year award will automatically be granted a one-year membership on the Board as an honorary member.
Upon approval by the Board, a prospective member will be invited to join and pay annual dues. Membership dues are $2000 annually, via a check payable to the Finance Department between July 1 and annual meeting. The dues may come from either a corporate account or a personal account.
The Department will use the Finance Advisory Board membership dues to offset the direct costs associated with the business and the meetings of the Board. Any remaining funds will be used to enhance the educational, research and service programs of the Department. An accounting of all proceeds will be provided the Board at each of its annual meetings.
The Board is governed by an executive committee of five, elected by the membership to three-year terms at its annual meetings. The executive committee shall elect one of its members as President who will assume the leadership of the Board until a successor has been chosen in a like manner. Should the President not be able to complete the full term, the Senior Vice-President will assume the office prior to his induction at the next annual meeting.
The Board will hold its annual meetings during the month of May on or near the campus of DePaul University. The meeting will normally commence in the morning and will include reports by the Dean and the Chairman of the Department of Finance on the preceding year's activities, general discussion and the election of new Executive Committee member(s). The Financial Executive of the Year will be announced and recognized at this meeting. An agenda will be provided the Board in advance of the meeting.
2012 - 2013 Executive of the Year Robert Yohanan
2011 - 2012 Executive of the Year Greg Schiffman
2010 - 2011 Executive of the Year Phupinder Gill
2009 - 2010 Executive of the Year Harrison I. Steans
2008 - 2009 Executive of the Year Gerald A. Beeson
2007 - 2008 Executive of the Year Mark S. Casady
2006 - 2007 Executive of the Year Frank M. Clark
2005 - 2006 Executive of the Year Brian P. Campbell
2004 - 2005 Executive of the Year Rex Sinquefield
2003 - 2004 Executive of the Year Michael H. Moskow
2002 - 2003 Executive of the Year Michelle L. Collins
2001 - 2002 Executive of the Year Alan G. McNally
2000 - 2001 Executive of the Year Richard H. Driehaus
1999 - 2000 Executive of the Year Jack M. Greenberg
2012 - 2013 Alum of the Year John Lump
2011 - 2012 Alum of the Year Carl F. Luft
2010 - 2011 Alum of the Year Louis J. Marsico
2009 - 2010 Alum of the Year Martin Malecki
2007 - 2008 Alum of the Year Anne Drennan
2005 - 2006 Alum of the Year William Kusack