MICHEL-SHAKED - Key Persons
Job Titles:
- Assistant Professor of Finance at Boston University Questrom School of Business
Adam Zawadowski is an Assistant Professor of Finance at Boston University Questrom School of Business. Before joining Questrom, he did an internship at the Federal Reserve Bank of New York. Professor Zawadowski has authored several papers on over-the-counter derivatives and credit default swaps.
Barclay T. Leib, provides outsourced due diligence on hedge fund manager selection, peer group analysis, and risk monitoring to the family office and endowment/foundation community. Additionally, Mr. Leib provides expert witness services on structured products, internal risk management systems, and processes in the hedge fund arena. He has provided expert consulting advice to the SEC on one structured-products investigation in conjunction with a Boston-based law firm.
From an earlier career that started at JP Morgan and later Goldman Sachs, Mr. Leib has extensive experience with derivatives trading, derivatives risk management, and derivatives documentation, as well as with systematized trading models and technical trading methodologies. He has written on financial markets on a freelance basis for Institutional Investor, Derivatives Strategy, Bloomberg, Plan Sponsor, Global Custodian, Treasury & Risk Management, and Financial Executive. Mr. Leib co-authored a 2014 IMCA-published white paper entitled "Managed Futures: Cyclical Trough or Structural Impairment? Analysis & Proposed Solutions," and contributed to the 2009 book Technical Analysis & Behavioral Finance in Fund Management as well as the 2002 book Planning for the Affluent. He is currently co-authoring the CFA Level III text chapter on hedge fund investing for use by the CFA curriculum as of 2019. Mr. Leib is a Wilson Scholar graduate of Princeton University where he wrote two treatises: "The Aftermath of Hunt: A New Look at Speculation, Manipulation, and the Regulation of the Futures Industry," and "Towards a National Market System: The History, Theory, and Ramifications." Both papers were admitted as expert research references into the Congressional Record.
Betsy Frauenthal has over 28 years of experience in health care management as an executive, consultant and educator. Her executive experience spans roles in hospital administration, strategic planning, product development, market research, government relations and compliance. Notably, she served as Vice President of Planning with the Matthew Thornton Health Plan, a 150,000 member Health Management Organization (HMO) with annual revenues of over $175 million, as well as Deputy General Manager of the Clinical Knowledge Division of Eclipsys, a health care technology company. She is currently a member of the leadership team of US CareLink, a health information technology company.
In addition to her executive roles, over the past 20 years Ms. Frauenthal has provided consulting services to medical institutions and law firms on various subjects including marketing, strategic planning, reimbursement and cost accounting. She has been retained as an expert witness to testify on topics such as industry trends and healthcare technology. She has also taught a graduate level health care marketing course at the Boston University Graduate School of Management.
Betty J. Simkins, Ph.D., is the Williams Companies Chair of Business and a Professor of Finance in the Department of Finance at Oklahoma State University's Spears School of Business. Prior to getting her Ph.D., Dr. Simkins began her career as a chemical engineer in the chemical industry for Conoco and as an engineer and planning analyst for Williams Companies. Part of her work focused on financial analysis for various methods of manufacturing and valuation of potential acquisitions. At Williams Companies, she worked in the Midstream sector of the energy value chain. Currently, in addition to teaching energy finance courses at OSU, she conducts executive education for energy companies globally.
Dr. Simkins has received a number of teaching awards and research awards at OSU including the Regents Distinguished Teaching Award, the Regents Distinguished Research Award, the Outreach Excellence Award, and the Outstanding OSU MBA Faculty Award. Her primary area of research is risk management, including energy risk, but she also conducts research in energy finance and corporate governance, among other areas. She has coauthored more than 70 journal articles and book chapters and has won best paper awards for her research. In addition, she has published extensively on energy finance and enterprise risk management including books titled: Energy Finance and Economics: Analysis and Valuation, Risk Management, and the Future of Energy (2013), Enterprise Risk Management: Insights and Analysis on Today's Leading Research and Best Practices (2010), and Implementing Enterprise Risk Management: Case Studies and Best Practices (2014), all published by Wiley.
Betty is very active professionally and serves on the editorial boards of ten academic journals including the Journal of Commodity Markets (co-editor of this new journal being launched in 2015), the Journal of Banking and Finance, and the Journal of Applied Finance. She is past president of the Eastern Finance Association. She also serves on the Executive Advisory Committee of the Conference Board of Canada's Strategic Risk Council. She is active in energy industry associations including the NGEAO (Natural Gas and Energy Association of Oklahoma), the Society of Petroleum Engineers (SPE), and the International Association for Energy Economics (IAEE).
Brad Orelowitz has almost 30 years of experience in finance and consulting, including more than 20 years with The Michel-Shaked Group. His practice at MSG focuses on bankruptcy, valuation, taxation, accounting, securities, capital markets, employment, and pensions and retirement plan issues.
Brad Orelowitz has almost 30 years of experience in finance and consulting, including more than 20 years with The Michel-Shaked Group. Prior to joining MSG, Mr. Orelowitz was the Chief Financial Officer of a retail chain of jewelry stores, and an Audit Manager for a public accounting firm. His practice at MSG focuses on bankruptcy, valuation, taxation, accounting, securities, capital markets, employment, and pensions and retirement plan issues. He is the former Managing Director of PensionLitigationData.com, and has written on pension and ERISA issues. He is a Member of the American Institute of Certified Public Accountants (AICPA) and the American Bankruptcy Institute (ABI), and has contributed articles on valuation and bankruptcy to the ABI Journal.
Mr. Orelowitz has managed numerous engagements including some of the largest bankruptcy, securities fraud, and pension litigation cases in U.S. history. His clients have included various law firms, corporate entities and government agencies.
Dr. Jordan is the co-author of Fundamentals of Corporate Finance and Essentials of Corporate Finance, two of the most widely used corporate finance textbooks in the world, along with Fundamentals of Investments: Valuation and Management, a widely used investments text. He is an associate editor of The Journal of Financial Research and The Financial Review and a past-President of the Southern Finance Association. Dr. Jordan has published numerous articles in leading finance journals such as Journal of Financial Economics, Review of Financial Studies, Financial Management, Journal of Finance, and the Journal of Investment Management. He has received numerous awards for his academic contributions, including the 2010 Fama/DFA Award from the Journal of Financial Economics, the Gatton College of Business 2007 Robertson Faculty Research Leadership Award, and the Midwest Finance Association 2005 Distinguished Scholar Award. His current research focuses on the pricing of U.S. Treasury obligations, the effect of taxes on security values, the valuation of exotic options, the pricing of IPOs, and the impact of short selling on stock prices.
In addition to his academic work, Dr. Jordan provides educational and consulting services to corporations and law firms nationwide on a wide range of issues. He has been retained as an expert by leading law firms, submitted expert reports, and provided extensive oral testimony on topics including, but not limited to, corporate finance, investments, market manipulation and fraud, security valuation, and tax shelter-related trading strategies.
Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance in the Gatton College of Business and Economics at the University of Kentucky. He has taught courses in corporate finance, financial management, and financial asset valuation. Prior to joining the University of Kentucky faculty, Dr. Jordan taught at the University of Missouri-Columbia and the University of Georgia.
Charles Plohn, Jr.'s distinguished career has spanned over 45 years on Wall Street, including 34 years (1974-2008) at Merrill Lynch as a Managing Director and the Manager of the Special Equity Transactions group in Equity Capital Markets. His responsibilities have included the marketing and implementation of corporate open-market stock repurchase programs and self-tenders, executing sales of control and restricted securities, and coordinating confidential accumulations and sales of securities, generally in connection with merger and acquisition assignments.
Job Titles:
- Adjunct Professor of Finance at Brandeis University 's International Business School
- Adjunct Professor of Finance at Brandeis University's International Business School and at Boston University 's Questrom Business School
- Senior Investment Consultant
Chris Alt is an adjunct professor of finance at Brandeis University's International Business School and at Boston University's Questrom Business School. His teaching covers investments, international portfolio management, managerial finance, financial strategy, corporate finance, and derivatives. He primarily teaches graduate students and has been repeatedly recognized for teaching excellence.
In addition, Chris is a senior investment consultant with over 20 years experience in institutional asset management. Most recently, as Director of Investment Research for ING Financial Partners, Chris advised both adviser/brokers and senior management regarding manager selection and due diligence, market research, and project support. Previously, he worked as a senior investment consultant and principal for Mercer Investment Consulting in Boston, advising mid/large institutional clients on asset allocation, performance evaluation, and manager selection & monitoring. For the prior eleven years, he worked for MetLife in a hybrid investment consulting/portfolio management role, overseeing manager selection and due diligence on a suite of subadvised separate accounts, managing a staff of investment specialists, and providing asset allocation and investment counseling to small-to-midsize defined benefit pension plans. His most recent case study "MSCI and the Chinese A Shares" was published by The Case Centre in 2016.
Earlier in his career, Chris was involved in energy policy research. His research articles appeared in the Journal of Business and other publications.
Christianna Wood has deep experience in asset management and capital markets issues, including private equity, venture capital and alternative investments. She has served as the Chief Executive Officer of Capital Z Asset Management, the largest independent sponsor/seeder of hedge funds. Her responsibilities there included overseeing minority equity ownership in 11 hedge fund companies investing $7 billion in equity, fixed income, and commodity strategies. Prior to joining Capital Z, Ms. Wood was Senior Investment Officer of Global Equity for the California Public Employees' Retirement System (CalPERS), with responsibility for CalPERS' $150+ billion Global Equity portfolio. The Global Equity portfolio included domestic, international, emerging markets, hedge fund, and corporate governance strategies. Ms. Wood has also held senior positions at several other investment management firms.
Ms. Wood Chairs the International Corporate Governance Network (ICGN) and speaks frequently on the ICGN's behalf on issues concerning global corporate governance. She also serves, or has served, on the Board of Directors of the International Securities Exchange, H&R Block Corporation, Vassar College, Capital Z Asset Management, and Cevian Capital. She was a member of the User Advisory Council of the Financial Accounting Standards Board (FASB); the Standing Advisory Group of the Public Company Accounting Oversight Board (PCAOB); and the Consultative Advisory Group of the International Audit & Assurance Standards Board (IAASB). In 2010, she was the Commissioner of the Blue Ribbon Commission on Performance Metrics of the National Association of Corporate Directors (NACD). In 2010, Ms. Wood was named one of the 100 Most Influential People in Business Ethics (by Ethisphere Institute) and one of the 100 Most Influential People in American Corporate Governance (by the NACD).
Ms. Wood provides advisory services to investment managers, corporate clients and law firms nationwide. Her expertise includes, but is not limited to, investment management, alternative investments, corporate governance, risk management, portfolio construction, and the seeding, sponsorship and strategic investing of hedge funds and emerging managers. In addition, Ms. Wood is a frequent speaker on the topics of global corporate governance, executive compensation, emerging manager and hedge fund sponsorship, and global equity management. She has testified both at deposition and at trial.
Job Titles:
- Associate Professor
- Associate Professor of Finance at the Carroll School of Management at Boston Co
Darren Kisgen is an Associate Professor of Finance at the Carroll School of Management at Boston College. Prior to receiving his Ph.D., Professor Kisgen was Vice President and Head of Energy Investment Banking at Ladenburg Thalmann & Co. and also served as Vice President of Institutional Sales and Trading at Credit Suisse First Boston. He has also held investment banking positions at Peregrine Capital and First Boston Corporation.
Professor Kisgen has extensive experience in the areas of corporate finance, credit ratings, and bond and equity markets. He teaches both undergraduate and graduate level courses in corporate finance and has published articles on this and other topics in leading finance and economic journals such as Journal of Financial Economics, Journal of Financial & Quantitative Analysis, Review of Financial Studies, and Journal of Finance. His work on credit ratings and capital structure was a finalist for the Journal of Finance's prestigious Brattle Prize. He has presented his research at numerous conferences around the world. In addition to his teaching and research, Professor Kisgen provides consulting services to businesses and law firms nationwide.
Dave Wiley has more than 25 years of experience in finance, investments, business valuation, and continuing education for finance professionals. He most recently served as a Vice President and Division Manager for Kaplan Professional, where he directed all CFA seminars worldwide. At Kaplan, Mr. Wiley developed and wrote content for the CFA, Financial Risk Manager (FRM), and Chartered Alternative Investment Analyst (CAIA) instruction materials. He taught courses and developed content on the topics of Equity and Alternative Investments, Real Estate, Corporate Finance, Derivatives, Portfolio Management, and Ethical and Professional Standards.
Prior to joining Kaplan Professional, Mr. Wiley started and ran two companies which provided CFA preparation materials for CFA candidates. He conducted CFA seminars in the UK, Switzerland, and Italy, and asset allocation workshops for Ibbotson Associates. Before entering the field of financial education, Mr. Wiley served as a Vice President at Banc One (predecessor to JP Morgan Chase), where he held various responsibilities, including budgeting, strategic planning, financial planning and corporate finance. In addition to his professional duties, Mr. Wiley serves as the President of the Dallas-Fort Worth CFA Society. He has also served for over 20 years as the Education Chair and as a Board Member for the Society.
Mr. Wiley provides education, corporate finance, and expert testimony consulting services to businesses and law firms nationwide. He specializes in written reports and oral testimony on matters including, but not limited to, investments, damages, asset allocation, business valuation, securities research, portfolio management, and fiduciary duties and responsibilities. Mr. Wiley has performed valuations of numerous businesses in a variety of industries; assessed economic damages relating to lost wages due to injury or death; analyzed portfolios to address proper asset allocation and portfolio management practices including compliance with proper fiduciary responsibilities, and analyzed trust performance including suitability of asset class investment percentages. He has testified numerous times on behalf of law firms and insurance companies nationwide.
Job Titles:
- Professor Emeritus at the Amos Tuck School of Business Administration
Dennis Logue is Professor Emeritus at the Amos Tuck School of Business Administration at Dartmouth College, and the Chairman of the Board of Directors of Ledyard National Bank. From 2001 to September 2005, he served as the Dean and Fred E. Brown Chair of the Michael F. Price College of Business at the University of Oklahoma. Prior to 2001 he was the Steven Roth Professor of Management at the Amos Tuck School of Business Administration at Dartmouth College, serving on the faculty there since 1974. Dr. Logue has taught numerous courses at the graduate level, including Corporate Finance, Corporate Governance, Corporate Valuation, Financial Markets and Mergers and Acquisitions. He is a Fellow and former President of the Financial Management Association, and a member of the Financial Economists Roundtable. Dr. Logue has written or edited 11 books and numerous articles on topics ranging from pension plans and initial public offerings to market micro-structure. His current research focuses on corporate governance and corporate valuation.
In addition to his academic work, Dr. Logue has extensive business and consulting experience. From September 1986 through 1999, he was a member of the ARCO Pension Advisory Board. He was a founding director of Ledyard National Bank and a former director of Sallie Mae (GSE). Dr. Logue is currently a member of the Board of Directors of Waddell & Reed Financial, Abraxas Petroleum, Duckwall-ALCO Stores, and Hypertherm, Inc. He has been engaged as an expert witness and offered testimony on a variety of topics, including financial principles, valuation, business administration, credit analysis, pensions, and corporate governance. Dr. Logue's clients have included the law firms Munger, Tolles & Olson and Robbins Geller Rudman & Dowd, as well the Pension Benefit Guaranty Corporation (PBGC), AT&T, the Paris Bourse, and the Toronto Stock Exchange.
Job Titles:
- Director of the LGL Group, Inc
Donald H. Hunter has served as a director of The LGL Group, Inc. since March 2013 and as a director of Juniper Pharmaceuticals since March 2014, and currently serves as Chairman of the Audit Committee for both of these public companies. Mr. Hunter previously served as the Chief Operating Officer and Chief Financial Officer of Harbor Global Company Limited, a public company which operated international investment management and natural resources subsidiaries, from October 2000 to December 2006. Prior to that, he was a senior executive with The Pioneer Group, Inc. for twelve years. Mr. Hunter began his career at the General Electric Company where he was a member of the Company's Corporate Audit Staff and a graduate of its Financial Management Training Program. He previously served as chairman of the audit committee of the Pioneer First Polish Trust Fund, the first mutual fund in Poland. He also served as a member of the Board of LICT Corporation, a holding company with subsidiaries in telecommunications and multimedia, and as a Member of the Board of several foreign subsidiaries.
Mr. Hunter has over 25 years of public company experience and has extensive financial, operating, corporate development, compliance, international and mergers and acquisitions experience.
Don May possesses over 25 years' experience in consulting, valuation and litigation support as well as researching, publishing and teaching at the university level. His experience includes implementing a broad range of damage analyses and valuations for businesses of various sizes and in numerous industries.
Job Titles:
- Associate Professor of Finance and Dean
Evgeny Lyandres is Associate Professor of Finance and Dean's Research Scholar at Boston University Questrom School of Business. His expertise lies in the areas of real options valuation, capital structure, M&As, IPOs, linkages between firms' financial and operating strategies, capital market anomalies and regularities, and Fintech.
Gary Rotenberg has worked in the financial services industry for over 25 years as an investment banker, research analyst, financial advisor, and senior corporate financial advisor. He has served as the Managing Director and Head of Global Utility Finance at NatWest Markets, Vice President at Smith Barney, Special Assistant to the Chairman of the Board of Cralin & Co., and Financial Advisor at Merrill Lynch. He is a current member of the New York State Bar.
In addition, for over 15 years, Mr. Rotenberg has provided independent investment banking and advisory services to law firms and corporate clients regarding a broad range of industries and issues. He is regularly engaged to offer expert opinions and testimony on issues including energy markets, investment banking, private equity, due diligence, and corporate finance. He has provided expert witness services to various law firms in cases involving Enron, WorldCom, Calpine, Goldman Sachs, Credit Suisse, and CIBC.
Job Titles:
- Education & Credentials
- Founder and Managing Director of the Michel
- Founder and Managing Director of the Michel - Shaked Group
Israel Shaked is a Founder and Managing Director of The Michel-Shaked Group, and is also Professor of Finance and Economics at the Boston University Questrom School of Business. For almost four decades, he has taught courses at the graduate and undergraduate levels on various topics, including business valuation, corporate finance and financial economics, and is a two-time winner of Boston University's Broderick Prize for Excellence in Teaching. He was the Director of the Boston Chartered Financial Analysts (CFA) Examination Review Program for 19 years, and was the co-founder and Director of the Institute of Chartered Pension Professionals (ICPP). He is a member of the Board of the American Bankruptcy Institute (ABI) and is a contributing editor of the ABI Journal.
Professor Shaked has authored several books and numerous articles, and appears frequently on television and in the press commenting on contemporary financial and business issues. His academic and professional research covers areas including, but not limited to, investment analysts, valuation, financial distress, solvency, preferences, fraudulent conveyance, bankruptcy, LBOs, international business, mergers and acquisitions, economics, corporate structure analysis, corporate financial decisions, and capital markets.
Professor Shaked has provided consulting, valuation, investment, and investment banking services to law firms and companies worldwide on a wide range of issues. He has also acted as a consultant to numerous government agencies, including the Securities Exchange Commission (SEC), the Internal Revenue Service (IRS), the Federal Deposit Insurance Corporation (FDIC), the Department of Labor (DOL), Pension Benefit Guarantee Corporation (PBGC) and the Commonwealth of Massachusetts. He has delivered hundreds of seminars to senior corporate executives and law firms in North and South America, Europe and Asia, and has testified before the U.S. House of Representatives' Ways and Means Committee on the subjects of leveraged buyouts, acquisitions and taxation. He has been engaged as an expert witness, and has offered testimony at depositions, arbitrations and trials on numerous occasions.
Job Titles:
- Associate Professor of Business Administration
James K. Seward is an Associate Professor of Business Administration and the Prochnow Fellow in Finance at the Graduate School of Business at the University of Wisconsin-Madison. His teaching duties currently include courses in corporate finance, financial management, corporate restructuring & reorganization, and mergers & acquisitions. He has also taught corporate finance programs at the University of Wisconsin-Madison, the Amos Tuck School of Business Administration at Dartmouth College, and various other universities around the world.
Professor Seward has published extensively in leading finance and economics journals, such as Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Business, Academy of Management Review, and Journal of Economics and Management Strategy. He is a past editor of Financial Management, the largest circulation journal in the field of finance, and is a member of the Academic Advisory Committee for the Turnaround Management Association. His books include A Valuation Approach to Corporate Restructurings and Reorganizations: Methodological Approaches and Applications, Debt and Credit Markets: A Corporate Finance Perspective, Equity Markets: A Corporate Finance Perspective, and Mergers and Acquisitions. His current research focuses on the issues of risk management, investment banking, and auction rate securities.
In addition to his academic activities Professor Seward provides management education and consulting services on corporate finance issues, including intellectual property valuation, capital budgeting, corporate development, financing decisions, share repurchases and business valuation, to corporations, government agencies, and law firms nationwide. His clients have included such institutions as Marsh & McLennan, the Wisconsin and New York Public Service Commissions, Citicorp, Hewlett Packard, Kimberly-Clark, Lockheed Martin, Merrill Lynch, UPM-Kymmene, Westinghouse, and numerous others. He has been retained as an expert by leading law firms, submitted expert reports and provided testimony on topics including, but not limited to, mergers & acquisitions, debt-for-equity swaps, bankruptcy and liquidation analyses, and the valuation of minority shares in closely-held corporations.
Job Titles:
- Associate Professor
- Associate Professor of Finance at the Smeal College
- Professor
Joel Vanden is an Associate Professor of Finance at the Smeal College of Business at The Pennsylvania State University. Before joining the Smeal College of Business in 2008, Professor Vanden was an Associate Professor at the Tuck School of Business at Dartmouth College. Prior to obtaining his Ph.D. and joining the Tuck School, Professor Vanden held positions at Bank of Boston Corporation, SunAmerica Life Insurance Company, Financial Engineering Associates, Chalke Incorporated, and Westinghouse Electric Corporation.
Professor Vanden has extensive experience in the areas of derivatives markets, asset pricing, debt markets, and mutual funds. He has published articles on these and other topics in leading finance and economic journals such as Journal of Financial & Quantitative Analysis, Review of Financial Studies, Journal of Economic Theory, Journal of Business, Journal of Empirical Finance, and Mathematical Finance. He is a past recipient of the Paul Raether Tuck '73 Fellowship for outstanding scholarly achievements and he has received research funding from The Institute for Quantitative Research in Finance (The Q-Group). His teaching expertise includes the topics of derivative markets, debt markets, asset pricing, financial institutions, asymmetric information, and mutual funds.
Job Titles:
- Associate Professor
- Associate Professor of Finance
Laurie Krigman is an Associate Professor of Finance and holder of the Peter Black Senior Term Chair at Babson College. Prior to joining Babson College, she was an Assistant Professor of Finance at the University of Arizona. She has taught courses at both the graduate and undergraduate levels on such topics as valuation, corporate finance, and financial management. She also served as Portfolio Manager for Trinity Investment Management Corporation, where she managed and invested portfolios employing quantitative investment modeling.
Professor Krigman has published peer-reviewed articles on the financial markets in the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and the Journal of Business. She is an Associate Editor of the Review of Finance and Accounting, has presented her research at numerous universities and conferences around the world, and has served on conference program committees. She is a member of the American Finance Association, Financial Management Association, and the Western Finance Association. Her current research interests include the topics of investment banking, regulation of markets, and conflicts of interest in capital markets.
In addition to her academic activities, Professor Krigman provides consulting services to the legal profession, primarily on issues relating to publicly traded securities. She has submitted expert reports and provided testimony regarding such topics as market efficiency, securities valuation, loss causation, and damages.
Job Titles:
- Professor of Business at Columbia University
Mark Broadie is the Carson Family Professor of Business at Columbia University and the Research Director for the Program for Financial Studies. Professor Broadie teaches courses to MBA and Doctoral students on topics including, but not limited to, securities pricing, financial modeling, risk management, financial markets and computational finance. He is also the Vice Chairman of the Enterprise Risk Management Institute and sits on the advisory boards of several companies.
Professor Broadie is an expert in derivatives markets, the pricing of complex securities, risk management, and financial modeling. He has published numerous articles on these and other topics in leading finance and economic journals such as the Journal of Finance, Review of Financial Studies, Journal of Financial & Quantitative Analysis, Operations Research and Management Science. He serves on the editorial board of several journals, including Finance and Stochastics, SIAM Journal on Financial Mathematics, and Operations Research. Professor Broadie often presents at conferences and industry workshops on quantitative methods in finance and risk management. He has received prestigious grants from institutions such as the National Science Foundation, JP Morgan, Credit Suisse, Intel Corporation, and others. Professor Broadie is also an award-winning teacher, having been recognized with the Columbia University Dean's Award for Teaching Excellence and Dean's Award for Innovation in the Curriculum.
In addition to his academic pursuits, Professor Broadie provides independent consulting services to firms in the financial and software industries. He provides consulting advice for a major golf equipment manufacturer on the use of simulation and statistical analysis, and expert witness services to law firms nationwide. He has written expert reports and has provided oral testimony at arbitration, deposition and trial.
Job Titles:
- Professor
- Professor of Finance
Nejat Seyhun is a Professor of Finance and Jerome B. and Eilene M. York Professor of Business Administration at the University of Michigan's Stephen M. Ross School of Business. He is also the Director of the Financial Engineering program at the University of Michigan. Professor Seyhun has taught at the University of Chicago, Koc University (Istanbul, Turkey), and WHU (Koblenz, Germany).
Professor Seyhun has published extensively in leading finance and economics journals, such as Journal of Finance, Journal of Financial Economics, Journal of Business, Review of Financial Studies, and Journal of Financial and Quantitative Analysis. He has studied insider trading extensively and authored a book, Investment Intelligence from Insider Trading, that analyzes the investment implications of insider trading activities. Professor Seyhun also serves as a referee for numerous finance and business journals, and is a member of the American Finance Association, the Society for Financial Studies, the Western Finance Association, and the European Finance Association. His academic and research interests include such topics as informational asymmetries, financial trading, commercial and investment banking, corporate finance, and risk-management issues.
In addition to his academic activities Professor Seyhun provides consulting services to corporations and law firms nationwide. He has conducted executive education programs on various topics in corporate finance around the globe. His consulting engagements have included the design of investment and risk management strategies for banks and mutual funds, the analysis of executive stock-option backdating, and the examination of collusion and anti-trust issues. He has been retained as an expert by leading law firms, and has submitted expert reports and provided testimony on topics including, but not limited to, market efficiency, loss-causation, plans of allocation for damages, and insider trading.
Job Titles:
- Activities Professor
- Professor
- Professor of Marketing at Bentley University
- Visiting Scholar and Professor of Marketing at Bentley University
Paul D. Berger is a Visiting Scholar and Professor of Marketing at Bentley University, where he is also the Director of the Master of Science in Marketing Analytics (MSMA) program. Prior to joining Bentley University, he was Professor of Marketing and Quantitative Methods at the Boston University Questrom School of Business for over three decades.
Professor Berger is the author of over 150 peer reviewed articles and conference proceedings on the topics of marketing, statistics, quantitative analysis, and marketing analytics. His work has been published in leading journals such Management Science, Journal of Marketing Research, Journal of Interactive Marketing, and Harvard Business Review. He has coauthored numerous books, including Internet Marketing: Reaching Customers Anytime, Anyplace, Any Platform and Experimental Design, with Applications in Management, Engineering, and the Sciences. Professor Berger sits on the editorial board of several journals, including the Journal of Interactive Marketing. His research has been incorporated into government agency reports and presented at conferences around the world. He has received prizes for teaching excellence at all levels, including executive education.
In addition to his academic activities Professor Berger provides consulting services to marketing research firms, corporations, government agencies, and law firms nationwide. His areas of expertise include, but are not limited to, marketing research, database marketing, experimental design, and data analysis and other quantitative techniques. His clients have included such companies as Duracell, Gillette, Texas Instruments, and numerous others. He has been retained as an expert by leading law firms, submitted expert reports and provided testimony on topics including age discrimination, determination of the truth of advertising claims, and the valuation of damages.
Paul Rosenbaum has five decades of experience in the fields of venture capital, private equity, technology, marketing, operations and business management, and over fifteen years of experience in consulting on these issues. He has held numerous senior roles in private equity organizations and high tech companies, including the position of president of four operating companies, two of which were venture capital backed. He has also served as a General Partner of American Research & Development, the oldest institutional venture capital firm in the U.S.
Mr. Rosenbaum has served on numerous boards of directors, including both public and privately held companies. He was a member of Walnut Venture Associates, an association of private individuals making private equity investments, and was involved with the New England Chapter of the National Association of Corporate Directors for 7 years during which he was Program Chair, seminar leader, and member of the board of advisors. He has presented seminars on raising capital, valuation and private equity to numerous corporate and academic forums.
In his consulting practice, Mr. Rosenbaum has mentored and advised many corporate leaders and venture capital general partners. He has served as Consultant-in-Residence to venture capital firms Weiss, Peck & Greer and the Palmer Organization, and has been engaged as an expert consultant to law firms and corporate clients. He has authored expert reports and has offered testimony on various matters regarding valuation, private equity and venture capital.
Peter Chudy was a Managing Director at UBS, and served as a Chief Risk Officer and Chief Operating Office of the Swiss National Bank StabFund. He provided independent oversight of the risks related to a $40 billion global portfolio of ABS, loans and OTC derivatives exposures from asset finance, residential and commercial mortgage sectors. His responsibilities included operational risk, business management, compliance, IT development and quantitative teams. He managed a global credit team (30 professionals) who approved credit risk related to the origination, distribution, finance and investment in securitizations, asset based structured products, and real estate.
Prior to joining UBS, Mr. Chudy was a Chief Credit Officer at Nomura Securities, where he was responsible for Nomura's credit risks in the Americas and global exposures emanating from counterparties in the region. He dealt with exposures related to fixed income and equity trading, asset and mortgage backed warehousing, emerging markets, and OTC Derivatives.
Mr. Chudy provides consulting services in the global management of risk approval decisions and exposures related to capital markets, real estate and specialty finance companies.
Job Titles:
- Adjunct Professor
- Adjunct Professor of Finance
- Professor
Philip Giles is an Adjunct Professor of Finance and Economics at Columbia Business School, where he teaches courses in money and financial markets including Debt Markets, Capital Markets and Investments, The Money Markets: Domestic and International and Banking and the Money Markets. He has also been a contributor to several finance handbooks, most recently authoring the chapter "The American Banking System" as part of Wiley's Handbook of Finance, edited by Frank J. Fabozzi, and has conducted a course for business press writers at Columbia's Knight-Bagehot Fellowship Program. He began his career as a systems analyst with Rockwell International, developing and utilizing large-scale digital simulation models for air-to-air missiles.
Professor Giles provides on-site customized instruction in financial markets and banking topics for financial services corporations and organizations serving the financial sector. His clients have included JPMorgan Chase, Moody's Investors Service, Calyon, the Securities & Exchange Commission (SEC), the Federal Financial Institutions Examination Council (FFIEC), Brown Brothers Harriman, Bank of China, Wachovia, RBS Greenwich Capital, Conference of State Bank Supervisors and the Mortgage Bankers Association. Outside of the U.S., Professor Giles has lectured on financial market economics at the Helsinki School of Economics, Bank of China, Sun Yat-Sen University, Institut de Financement du Maghreb Arabe, Institut Superieur de Gestion of the University of Tunis, and the Institute of Industrial Policy Studies in Korea.
Bob Strong is Professor of Finance and University Foundation Professor of Investment Education at the University of Maine. He has been a visiting Professor of Finance at the Maine Maritime Academy as well as Harvard University where he was Deputy Director of the Summer Economics Program from 1997 - 1999.
Professor Strong's three textbooks on Portfolio Management, Investments, and Derivatives are used at over 100 universities. He has been a conference speaker for the American Stock Exchange, the Chicago Board Options Exchange, and the Chicago Board of Trade. He serves on the Board of Directors of Bangor Savings Bank and the Sewall Company and is a past president of the Northeast Business and Economics Association and the Maine CFA Society. The University of Maine Alumni Association named Professor Strong the 2005 Distinguished Maine Professor. The Carnegie Foundation named him the 2007 Maine Professor of the Year.
Professor Strong has served as an expert witness and consultant in a variety of investment-related areas including business valuation, investment suitability, and risk management with respect to derivative products. His past client list is wide-ranging and includes Maine & Maritimes Corporation, Quabaug Corporation, Bangor Hydro Electric Company, Cadillac Mountain Sports, Footwear Industries of America, the Maine State Police, and the Maine State Gambling Control Board, among others.
Robert R. Trout has over three decades of experience in the fields of finance, economics and statistics, with professional experience in these fields spanning both academic and professional roles. He is a past member of several national consulting practices specializing in forensic economic issues and has testified in state and federal courts throughout the United States. He has also served as a Visiting Professor of Finance at the University of California Los Angeles (UCLA) and the University of California San Diego (UCSD) from 1988-1992, and as Assistant Professor at UC Irvine from 1977-1978.
Dr. Trout is the author of numerous academic articles, research reports, and presentations. He is a former Director of the National Association of Forensic Economics, is a Senior Editor for the Journal of Forensic Economics, and is the former Managing Editor of Litigation Economics Digest. He is a member of the CFA Institute. His current practice and research interests include valuation of patents and intellectual property, as well as revising his economic model for determining the likely duration of an employee's period of future employment.
Dr. Trout has provided consulting services to law firms, government entities, and businesses on a wide range of issues in numerous industries. He has 31 years of experience providing expert witness services on topics including, but not limited to, statistics, economics, valuation, economic damages, securities, employment-related damages, business interruption damages, regulatory economics issues, antitrust economics, damages and the valuation of intangible assets. He has submitted numerous expert reports and testified multiple times at depositions, trials, and at federal and state regulatory hearings for various law firms.
Job Titles:
- Adjunct Professor of Finance at New York University 's Leonard N. Stern School of Business
Roberts Brokaw has three decades of client-coverage and transaction investment banking experience, most recently as a Senior Managing Director at Bear Stearns and spanning senior roles at both Merrill Lynch and PaineWebber. As an investment banker, he advised such companies as American Airlines, Boeing, Burlington Northern, Citizens Utilities, Continental Airlines, Federal Express, Georgia Pacific, IBM, International Paper, KLM, Masco, National Medical Enterprises, Northwestern National Life, Pacific Telephone, Pennzoil, Time Warner and Volvo. Mr. Brokaw also served on both the Merrill Lynch and PaineWebber equity commitment and fairness opinion committees. In addition, he oversaw and implemented investment banking professional development programs for junior bankers.
Mr. Brokaw has served as an Adjunct Professor of Finance at New York University's Leonard N. Stern School of Business, where he created a new MBA-level course on the structure and valuation of equities, as well a Senior Professional Fellow at NYU's Center for Law and Business. He has also taught classes at the Wharton School of the University of Pennsylvania and the Amos Tuck School of Business Administration at Dartmouth College.
Mr. Brokaw left investment banking in 2002, and currently provides advisory services to corporate clients and law firms nationwide. He has advised law firms, securities firms, regulators, consulting firms and companies on topics such as appropriate investment banking practices, valuations, corporate finance, mergers and complex equity structures. He has provided expert testimony and other expert witness services in a number of federal jurisdictions, as well as in the Delaware Chancery Court. His corporate and government clients have included AT&T, Coeur d'Alene Mines, Hartford Life, Merrill Lynch, News Corporation, the Securities & Exchange Commission and XRoads Solutions Group.
Job Titles:
- Professor of Law and Director of the Financial Services
Ronald H. Filler is a Professor of Law and Director of the Financial Services Law Institute at New York Law School, located in New York City. He is also the Program Director of its LL.M. in Financial Services Law Graduate Program. Before joining the faculty of NYLS in 2008, he was a Managing Director in the Capital Markets Prime Services Division at Lehman Brothers Inc., where he was responsible for various business, legal and regulatory matters involving the global futures markets. Prior to joining Lehman Brothers in 1993, he was a Partner and Member of the Executive Committee of Vedder Price Kaufman & Kammholz, a large law firm located in Chicago, IL and worked at various other law firms and brokerage firms earlier in his career.
Professor Filler is currently a Public Director and a Member of the Executive Committee of the National Futures Association, a Public Director of SWAP-EX, a swap execution facility owned by State Street, and a member of the Board of Directors of Global Clearing & Settlement, Inc., a firm providing insurance to clearing houses globally. He is a Past Chair of the CFTC's Global Markets Advisory committee, has served on several industry boards and advisory committee and has been a member of several futures exchanges during his 35+ years in the industry. He has also served as a Senior Consultant to Allen & Overy, a major international law firm.
Professor Filler is a co-author of a new law treatise on "Regulation of Derivative Financial Instruments (Swaps, Options & Futures)" and he has written many articles and has spoken at over 200 conferences and programs throughout his career.
Job Titles:
- Associate Professor
- Associate Professor of Finance and Dean 's Research
- Professor
Rui Albuquerque is Associate Professor of Finance and Dean's Research Fellow at the Boston University Questrom School of Business and Visiting Professor of Finance at Católica-Lisbon School of Business and Economics in Portugal. He is a Research Fellow at the Center for Economic and Policy Research in London, UK, and a Research Associate of the European Corporate Governance Institute, ECGI.
His research focus is on International Finance, Capital Markets and Governance. Professor Albuquerque has published in the top academic journals including The Review of Economic Studies, Financial Analysts Journal, The Journal of Finance, the Journal of Financial Economics, The Review of Financial Studies, and the Journal of Economic Theory. His research received the 2008 Smith Breeden Distinguished Paper Prize by the Journal of Finance. His research was also awarded the 2011 Broderick Prize for Excellence in Research Scholarship, the 2011 BSI Gamma Foundation grant, the 2011 KPMG'S Global Valuation Institute Research Grant, and the 2008 and 2013 Finance Prize by the ECGI. He was distinguished in 2003 by the European Central Bank with the Lamfalussy Fellowship. He has been invited to be the keynote speaker at several academic conferences. Professor Albuquerque's research has received several best paper awards at conferences. He won the Kaplan Award for the best graduate student of the Department of Economics.
Professor Albuquerque has been associate editor for academic journals. He has consulted for the Centre of Applied Studies of the Portuguese Catholic University, the Bank of Portugal and the World Bank.
Rui Albuquerque is Associate Professor of Finance and Dean's Research Fellow at the School of Management of Boston University and Visiting Professor of Finance at Católica-Lisbon School of Business and Economics in Portugal. He is a Research Fellow at the Center for Economic and Policy Research in London, UK, and a Research Associate of the European Corporate Governance Institute, ECGI.
Job Titles:
- Professor of Finance at Lehigh University
Sam Weaver is Professor of Finance at Lehigh University, where he has served on the full-time faculty since 1998 and as an adjunct professor since 1986. He has also served as the Director of Lehigh's MBA and Professional Education program. Prior to joining the Lehigh faculty, Dr. Weaver held a variety of senior management roles with Hershey Foods Corporation, most recently the position of Director of Financial Planning and Analysis.
Dr. Weaver is the author of three books, Finance and Accounting for Non-Financial Managers, Mergers and Acquisitions, and Strategic Financial Management: Applications of Corporate Finance. He has published in numerous leading academic and practitioner journals, has contributed chapters to five books, and has been featured in numerous textbooks discussing applications of corporate finance. Dr. Weaver has served as an associate editor for three journals and is a regular reviewer of articles for financial publications. His work has been presented at numerous professional conferences and he has organized and chaired the Financial Management Association's Corporate Financial Planning and Analysis roundtables. Dr. Weaver is also a serving member of the Board of Regents of the Institute of Management Accountants. His current research focuses on the areas of corporate finance, mergers and acquisitions, and financial performance measurement.
In addition to his academic duties and activities on behalf of the finance and accounting profession, Dr. Weaver provides professional education, seminars, financial analysis, valuation, and expert testimony consulting services to businesses and law firms. His clients range in size from small business owners to Fortune 200 companies, and have included Ingersoll-Rand, Lehigh Cement (a Heidelberg Cement Division), The Colomer Group, Mallinckrodt Baker, Inc., Centris Consulting, Hershey Foods, the Manufacturing Leadership Institute, and various law firms.
Stan Monsowitz has over 25 years of experience in back-office information systems design, due diligence, training, and corporate advisory services. He has a wide ranging consulting practice that includes designing and developing support systems within investment management, trading, custody, mutual fund, corporate trust, back office brokerage, insurance and non-retail banking environments.
Susan Mangiero is a nationally recognized provider of risk management and valuation consulting, training and expert testimony services. She has over twenty years of experience in capital markets, global treasury, asset-liability management, portfolio management, economic and investment analysis, derivatives, financial risk control and valuation.
Professor Tamar Frankel has written and taught in the areas of mutual funds, securitization, financial system regulation, fiduciary law and corporate governance.
Timothy Hurley is an investment banker with over three decades of experience. He has held senior positions with three major (Merrill Lynch, Lehman Brothers, and PaineWebber) and two boutique investment banking firms (Delta Financial Group and Bentley Associates). He has also served as the Chief Operating Officer of a real estate development firm and the Chief Financial Officer of an asset-based lending company.
Mr. Hurley has extensive experience in managing public and private securities offerings and has served as a financial advisor on numerous mergers & acquisitions transactions. He has particular expertise in the financial services industry, including securities brokerage and money management firms. He has contributed articles on troubled banks to American Banker and on closed-end fund restructurings to a book on investing in closed-end funds. Mr. Hurley is an expert in business and securities valuation, and is frequently called upon to provide valuation and fairness opinions.
In addition to his work as an investment banker, Mr. Hurley provides a variety of related consulting services to law firms, companies, and government agencies. These include, but are not limited to, the topics of valuation, securities contracts, investment banking fees, corporate disclosures, corporate finance, and mergers & acquisitions. He has provided expert services and testimony in a variety of venues including Delaware Chancery Court, U.S. District Court, various state courts, and arbitration forums. His clients have included the U.S. Attorney's Office, as well as leading companies and law firms nationwide.
Job Titles:
- Associate Professor
- Associate Professor Emeritus of Finance at Boston University 's Metropolitan College
Bill Chambers is an Associate Professor Emeritus of Finance at Boston University's Metropolitan College, where he joined the faculty in 2005. He taught graduate and undergraduate courses in corporate finance, investment analysis, portfolio management, multinational finance, international investments, fixed income analysis, and capital markets. He also coordinated on-line instructional programs for banking & financial services, project management, international marketing insurance business continuity and human resource management.
Prior to joining Boston University, Professor Chambers spent 22 years at Standard & Poor's (S&P) within its credit rating division, including 13 years as a Managing Director. While at S&P, he undertook and supervised credit analyses for hundreds of corporate and governmental entities. For several years he oversaw credit ratings for all corporate entities domiciled outside the United States. Professor Chambers was also a leader of S&P's Risk Solutions Group, which provided consulting to financial institutions and corporate entities regarding improvements to internal credit scoring systems. Throughout his tenure at S&P, he was also involved in the development and application of ratings criteria.
Professor Chambers provides consulting services to corporate entities, financial institutions, and law firms globally. His professional engagements have included, but are not limited to:
Development and delivery of expert testimony regarding creditworthiness, credit ratings, parent-subsidiary relationships, and the impact of credit ratings on the financial viability of companies and their access to capital markets.
Development and improvement of credit evaluation models, templates and scorecards.
Analysis and validation of internal credit evaluation systems.
Assessment of economic and capital models.
Lectures to corporate professionals on creditworthiness and the factors impacting specific credit assessments.
Among other engagements, Professor Chambers has testified in several instances, on behalf of the Petitioner, in U.S. tax court:
NA General Partnership vs. Commissioner.
Dynamo Holdings Limited Partnership vs. Commissioner.
Illinois Tool Works vs. Commissioner.
Bill Chambers is an Associate Professor Emeritus of Finance at Boston University's Metropolitan College, where he joined the faculty in 2005. He taught graduate and undergraduate courses in corporate finance, investment analysis, portfolio management, multinational finance, international investments, fixed income analysis, and capital markets. Prior to joining Boston University, Professor Chambers spent 22 years at Standard & Poor's (S&P) within its credit rating division, including 13 years as a Managing Director.