WHERE ARE THEY NOW?
Once again, we have included updates on a “first come” basis—we apologize if your update could not be included at this time. All those that could not be included here will appear in the next issue of The Brief. Please send all updates to Langdana@business.Rutgers.edu
Matthew Reilly (1986) informs us that he isnow the President and CEO of MEND, a nonprofit developer of affordable housing in South Jersey. He recently served on Governor Corzine's Transition Team for State Housing Policy.
Alvaro G. de Molina (1988)CFO, Bank of America, was profiled recently in Rutgers Magazine. He completed the $35 billion purchase of MBNA, making Bank of America the nation’s largest credit-card insurer. Analysts in The Banker described de Molina, who had managed $56 billion in revenue and $16.6 billion in earnings as “capable of combining discipline and a good hard look at the economics of the business with a fresh approach.” Most recently, he was inducted to the RBS Wall of Honor.
Dr. Stephen Golden (1989) who is also a Colonel in the United States Air Force, board certified in Pediatrics and Neonatal-Perinatal Medicine, and a Certified Physician Executive, informs us that he has served as the Chief of Medical staff at the Air Force’s second largest medical center. At the USAF Medical Center in Travis, CA, in addition to being Chief of Staff, he is Director of Patient Safety and the Medical Simulation Lab, and Director of Newborn services. He has 33 peer-reviewed publications, 5 text chapters, and 19 published abstracts and over 25 presentations. A ‘golden’ resume indeed!
Jim Sturdevant (1989) is happily retired in Gulf Breeze, Florida. He runs a charter fishing business and is a licensed Coast Guard Captain. Rough life!
Jim Kline (19 91) of Best Foodstells us that he has established several industry wide initiatives focused on management development and partnering. Many years ago, Jim solved a huge challenge with the Thomas English Muffin production process using an algorithm from one of his EMBA classes. This story is, naturally, now part of the EMBA lore!
Joyce McNeeley (19 92) is now a Director at Deloitte Consulting; Deloitte & Touché.
Carol Harding (19 94) is in a new position as Vice President, Strategic Planning & Business Analytics at Ethicon, Johnson and Johnson.
Michael McLafferty (1994) informs us that he was recently promoted to partner in his practice, Amper, Politziner and Matia. He is now in charge of all healthcare consulting, and you can see his practice on the web at www.amper.com.
Mike Pawelczak (19 95) hasbeen actively involved at the local and national levels for the National Multiple Sclerosis Society. He serves on the Executive Board of the Mid-Jersey Chapter as Treasurer. Nationally, he serves on the National Programs Advisory Council that evaluates and recommends programs nationwide. He is currently serving as Chief Technical Officer of ImageWarehouse, a stock photography brokerage providing services via the internet.
Jorge Cardenas (1996) writes, “I am now the Vice President of Gas Delivery for PSE&G. I was named a few days before Christmas and spent three weeks redesigning PSE&G with two VPs that make up Electric Operations, and one that has Customer operations. I report to the President of PSE&G. I've used a fair amount of what I learned in our classes to get it all done. On Monday, we present our selection for directors to the President, and finally to the CEO and four Presidents of Public Service Enterprise Group on February 15th.” He then gives us an eye-opening glimpse of life at the VP level at PSE&G: “Today for instance, I spent the day with two attorneys deciding on regulatory negotiations with the Board of Public Utilities, and on interpretation of utility rights to occupy public right of ways with the second. Later in the day, it was all about operations and getting ready for frigid weather over the next five days and insuring we have the system and personnel ready to respond. The afternoon included a session with Industrial Relations on a new policy impacting employee disciplinary action, followed by a review of our "scorecard" targets which measure our business success through the year and are the basis for incentive pay and merit increases for my 350 management employees. I also have an additional 1750 employees represented by the IBEW and Pipe-fitters Unions.”
Dr. Holly Roberts (1997) MD, PhD, inventor, and author of six books has just been inducted to the RBS Wall of Honor.
Harold Ruvoldt (1995) informs us that hehas moved his law practice to Nixon Peabody LLP. He will be co-chairing an interdisciplinary practice team with a non-litigating partner which is emblematic of the firm’s approach. He writes that Nixon Peabody is a law firm that is truly unique in its ability to merge excellence in so many areas with people and client sensitivity. His partner Cathy Fleming and the team they co-led have also made the move with himto Nixon Peabody.
Mark Miller (1996) informs us that he has been VP, Corporate Strategy for HSBC, at its North American Headquarters outside Chicago. But now it is time to move closer to home and family. We look forward to re-connecting with Mark here at EMBA.
Joseph Bertolotti (1997) hasassumed the role of Director, Strategic Planning and Process for the office of the IBM CIO. He writes, “In this role, I will lead an ongoing effort to transform IBM business processes to enhance productivity and better meet the emerging needs of our on-demand industry. A critical piece of this initiative for 2006 is addressing client facing processes through a process excellence program.”
Doug Harless (19 97) hasaccepted a position as Director of Manufacturing with Bunge Limited in an operational leadership capacity in their BiPHOR pigments business. Doug emails us, “with its BiPHOR business, Bunge is commercializing a novel nano-technology, developed in cooperation with a Brazilian University, to produce a white pigment that will be an alternate to titanium dioxide used in many coatings systems.” His specific responsibilities will include site selection for capital investment, directing engineering programs to realize business goals related to investments and securing strategic sources of raw materials. Doug previously served as a vice president and general manager at Degussa Corp. from 1991 to 2005.
Ujjal Mukherjee (19 98) is happy to announce that he is now Vice President, Technology, at Chevron Lummus Global. One of our EMBAs at ABB reports that Ujjal has an office larger than many small countries.
Matthew H. Nguyen (1998) is now Vice President at Integrated Healthcare Management & Analytics, Metabolism, at Valeritas LLC.
Avi Zahavi (1998) wasrecently promoted to the position of VP Cable and Internet Technologies at IDT Crop. He tells us, “I have to admit that this weekend I have been reviewing quite intensively (and enjoyed very much) my notes from Prof. Barry Karafin's course on organization design & the accompanying book "Organization Theory and Design" by Richard Draft.”
David Graziosi (19 99) is now Executive Vice President and Chief Financial Officer at Covalence Specialty Materials Corp. He writes, “I accepted an EVP and CFO position with another Apollo Management portfolio company, Covalence Specialty Materials Corp, in March 2006. The business is headquartered in Bedminster, NJ. Working with Private Equity is quite challenging. Sue and I purchased a home in Randolph, NJ in November 2006. We are slowly settling in but miss the Houston winter.”
Dr Cliff Sales (2002) is one of a select group of MBA graduates to be inducted to the RBS Wall of Honor. Langdana still uses Cliff’s early-warning indicator for approaching economic slowdown and it is now presented in Chapter 5 of his most recent macro book.
Rajesh Sahni (19 99) sends Langdana a great email pertaining to the first Back-to-School EMBA Alumni Reunion:
Here are five things I liked about attending the REMBA event after graduating seven years ago.
- Your motivation and energy level after so many years is still the same. It is almost contagious.
- It was amazing to see so many professors and Dean Tuckman sitting through the entire class. It kept me awake soon after that lunch.
- Meeting so many people from other batches was certainly a change from my routine.
- Speed networking. Couldn't have asked more.
- Learning about how to find the new Enron from Prof. Suresh Govindaraj before it happens again is Priceless.
- Price of the event was just right. Goodies, food and all that knowledge sharing. Can't get a better deal.
Need I say anything about inverted yield curves? The Speculative Asset Price (SAP) categorization of the Indian market is worth watching.
Ken Markowitz (2000) is now Manager of Global Treasury at Arrow Electronics located in Melville, New York. He informs us that the job has been very fulfilling to date.
Robert Lamar (Class of 2000) is currently the Principal Manager for Environmental Health and Safety at URS Corporation in Boca Raton. His group leads all transactional due diligence studies for Fortune 500 real estate developers, resorts, and banking institutions in the US, the islands, and Central America. He recently conducted a two week evaluation of a bauxite mining operation in Jamaica for a group of Russian clients, which included risk analysis, forensic accounting, and land-use development. In his spare time, he tries to keep in touch with his EMBA "brothers" in NJ.
Peter Valentine (2000) informs us that he is Manager of the Law Library for the NY Office of Linklaters - a UK-based law firm, the 2nd highest grossing law firm in the world with 30 offices.
Doug Carrara (2001) is currently the Director of Sales Operations at Becton Dickinson, He writes, “things are going well. I am putting my EMBA degree to good use on a daily basis. I think about the program quite often. I truly enjoyed my days in the EMBA program. As a matter of fact, I am off to Michigan University next week for a class in Executive Sales Leadership and Sales Strategy. Are there any thoughts of starting a Masters of Sales program at Rutgers? I will do my best to be at the Back-To-School EMBA Alumni Event.”
Update: Please see the “More Changes” section for a description of a brand new module on ‘Sales Strategy-Internal and External Sales’, by Gary Squier. Doug, done and done!
Monica Merel (2001) emails us with an article on her company from the Star Ledger (excerpt below), and she writes, “See! The EMBA really paid off for me!”
Star Ledger: As a fully certified electrician and the founder of MGM Properties Electrical, based in South Orange, Merel has achieved significant success by doubling her company’s revenues in the past year – a remarkable feat during a period when the construction industry faced its highest levels of unemployment in decades. Established in 2000 as a construction management firm, MGM has evolved into one of the state’s foremost female-owned electrical contracting companies that boasts more than $1 million in annual revenue.
John K. Petrera (2001) is nowAssociate Director - Global Program Management at Pharma Development Operations Resource Management at Roche. He writes, “I wanted to take an opportunity to thank you all for your assistance in helping me find a new position within Roche.
Well I have now been officially in the position for a few weeks and I have a huge learning curve to meet, but I wanted to thank you all for the networking that took place!”
Mark J. Sobrin (2001) announces that he is now Vice President, Risk Management, at Radian Asset Assurance Inc. He tells us, “Radian is a bond insurance company with a large structured finance group in New York…..I am now the resident expert in the Asset Backed Securities Group for Commercial Mortgage Backed Securities (CMBS), but I get to look at all ABS transactions, which these days involve CDOs, Credit Default Swaps, and lots of interesting deals.”
Dom Ursone (2001) is nowNational Service Sales Manager at Simplex Grinnell. After 9 years with Otis Elevator, Dom accepted a position as the National Sales Manager for Simplex Grinnell, a subsidiary of Tyco Corp., and the leader of the Fire and Security industry. He writes, “Not only am I expecting change on the professional front, but my wife Gigette gave birth to two beautiful girls, Brailey & Marella Ursone”.
Tim Corcoran (2002) has been named Managing Director for the Class Action and Claims Administrative Solutions by EPIQ Systems, Inc. Tim was a VP at LexisNexis since 2003, and prior to that he was VP for Sales/Client Development at Martindale-Hubbell.
Dan Fellerman (2002) isleaving the Northeast to accept an Underwriting Director position with CNASpecialty Lines responsible for his division's Southern Region. His Products remain Management Liability, Corporate Governance Liability and other Professional Liability insurance targeting publicly traded companies but he says, “the position includes developing distribution channels with brokers and expanding our client base”. He writes, “I will be based in Atlanta but will find my way to Texas often - so time to buy boots and hat”.
Note: The name Dan Fellerman sounds familiar? Langdana mentions him at all the EMBA Open Houses. Dan is the EMBA that Langdana found intently studying his Macro class notes early one morning at Newark airport while waiting for a flight.
Knut Fenner (2003) wasrecently promoted to Vice President and General Manager of the Siemens Medical Proven Excellence Refurbished Systems Division, where he has responsibility for their U.S. operations. He writes, “This would not have happened had I not gotten my MBA and been able to apply my knowledge over the years at Siemens”. He reminds us that he “came into the program as an industrial design manager with almost no business management experience. The high quality of the program and faculty had provided me with everything I needed to succeed and the outcome was a promotion to Director of business management while I was in the program and now to VP of business management 3 years later. There is not a day that I don't use what I learned. The interesting fact is that from day one I started to combine my classroom material with my creative background. This approach allowed for many creative approaches that have often pushed the boundaries of what had been done at Siemens.”
Ellen McCune (2003) is nowVice President, Sales Excellence and Alliance Management, Europe Merck. She emails, “Don't know if you saw the recent news about Serono, but we were bought out by Merck KGA (Europe Merck). I have moved onto new responsibilities managing not only our field force's productivity improvements, but also all of the external Alliances (i.e. Pfizer).”
Dr. Carolyn Myers (2003) is now President of an R&D and manufacturing/supply pharmaceutical company. She is heading up Mylan Technologies Inc., the subsidiary of Mylan Laboratories.
Len Pasculli (2003) ispleased to report that Sequa Corporation's board of directors has elected him to the position of Vice President, Human Resources. He tells us “I have served the Company as its in-house environmental, health and safety lawyer since 1992. That legal experience by itself, however, would not be enough to qualify me for the position of chief HR officer for a 9,000 employee multi-national public manufacturing company. I believe that I was promoted in large part on the strength of the Executive MBA I earned at Rutgers and the MBA-level business law and ethics course I have taught at Centenary College since then. And for that I am truly grateful to both of you for the opportunity and guidance you gave me”.
Seth Van Eyk (2003) is nowDirector, Trade Relations, at Caremark. He writes “After experiencing two reorganizations in two years at J&J and being "displaced" by the second one, I am now at Caremark (one of the big 3 in the PBM world) as a Director of Trade Relations. In this role, I am on the opposite side of the fence from my position at J&J. Basically, negotiating contracts for Caremark with various pharmaceutical manufacturers. It's a fast paced company with a lot going on and I am loving it. Great people, well run company, and overall an exciting place to be”.
Stacy A. Chick (2004) informs us that she is nowVice President, Institutional and Federal Account Management at sanofi-aventis, and that this is a “Great opportunity and fabulous team”.
Ron Fulton (2004) isthe new Professional Development Vice Chair for the International Society of Logistics, Garden State Chapter (www.gardenstatesole.org). He emails us, “I work in the defense industry for L-3 Communications in Business Development. Our chapter has monthly luncheons where we showcase a speaker with a background in Logistics or the SCM field. Usually with some type of connection to Fort Monmouth (Eatontown, NJ) or the DoD but we are looking for more private industry involvement”.
Chris Suarez (2004) was promoted to assistant corporate controller at American Standard effective December 1. “It is a great opportunity, but also a big transition as you can imagine”, he writes. “It is very rare that a day goes by and I don't use something from the program or at least remember something from the program. The program played a huge part in getting this opportunity - from the course content to the confidence that program provided me through the courses and interaction with classmates”.
Dr. Craig Cuyar (2005) was recruited as CIO of Cendant’s new real estate company Realogy. Craig is now SVP & Chief Information Officer at Realogy Franchise Group.
Jennifer Kirby (2005) emails us, “It is my pleasure to share the news that I have accepted the position of East Coast Development Director for Link TV (www.linktv.org). In this role, I will be fundraising to help Link develop its presence in this region as well as its content across different media. I am proud and honored to be able to bring together the full range of my experiences in nonprofit and television on behalf of this innovative organization”. Link TV is the first nationwide television channel (dedicated to providing Americans with global perspectives on news, events and culture.
John Mathew (2005) has been asked to take on Operational Excellence (OE) responsibilities in Basic Research at Merck Research Laboratories in a newly created Department of OE. He tells us, “I will be based at Rahway. This puts me in the administrative ladder at Merck. I think it is a perfect opportunity for me given the ability to apply my business knowledge in the backdrop of scientific training”.
Linda M. Nadrowski, (2005) has anew job as Clinical Healthcare Consultant with United Healthcare.
Vincent L. Olmo (2005) is now Vice President, Application Delivery, Business Technology Team (BTT) at Realogy Franchise Group. He emails us, “I left EDS/Western Union and started my new job as VP of Application Delivery. The best part is that my new boss at Realogy is Craig Cuyar! It is an excellent opportunity to get in on the ground floor of a newly formed public firm as Realogy spun-off from Cendant. In this new role, I will be leading the Application Delivery organization for their Real Estate Franchise Group which includes the Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA and Sotheby’s International brands. I am very excited about this opportunity and am especially fond of my new boss …. !”
Commander Dave Forster (2005) informs us, “My job is in Dahlgren VA and I am responsible for the development, integration and test of Ballistic Missile Defense computer programs for the country. As long as those pesky -------- keep doing what they are doing, I and a very dedicated team will keep doing what we do”. Note: National Security prevents us from disclosing the “pesky” nation in question.
Jennifer Alburg (2006) of Tommy Hilfiger, USA, emails us, “After seven months into the EMBA program I was promoted from Claims Analyst to Finance Data Specialist. As a Finance Data Specialist, I was responsible for monitoring and analyzing all of our U.S. wholesale sales figures……then …. 11 months later, I was promoted to The Corporate Cash Manager, in the Treasury Department. In this position, I am responsible for determining our daily cash requirements, investing and/or borrowing as necessary for our U.S. Operations, as well as accurately accounting for cash movement in and out of U.S. Operations. I gather data and provide a 13 week cash flow on a weekly basis. Under guidance of the Director of Treasury, I am responsible for borrowing and making repayments under the Company's credit facility, as well as managing various projects and reporting collections or banking services currently in place”.
Dr. K. C. Cheng (2006) of Medarex tells us that since he graduated from EMBA, he has “given four international presentations/work shops and chaired one section in conference. He has committed to another international conference as presenter and to chair a section. KC has also published two papers, with two additional ones under review and three in preparation.”
When Dr. Steve Chappell (2006), former President of Telcordia, read Tom Friedman’s The World is Flat, and then visited China with the EMBA program, he was convinced more than ever that the US really needed to get more kids enrolled in science and engineering schools to maintain its traditional edge in innovations. So he and wife, Dr. Margaret Ann Chappell, have done something about it. They have started The Stars Challenge, a non-profit whose mission is to get more students involved in science and technology. Their approach is to find top math and science students from the 8th grade—some funded by scholarships offered by Steve and Margaret—and match them with great math or science teachers who offer hands-on problem-based classes in a university setting. The goal is to get bright kids to seek college degrees in science and technology, and ultimately to maintain our historical lead in technology and innovation. This is America at its best—a grass-roots effort by two dedicated individuals.
Update: Steve writes, “Out of the Langdana International trade course, Tom Friedman's book and our trip to China came The Stars Challenge. Last school year, we had one class with 18 kids. This school year we had nine classes at two universities with 76 students. Getting to be a lot like a real job...except we don't get paid!”
Chris McCrae (2006)now works for Axentis, a provider of Governance, Risk & Compliance (GRC) software. He is currently the Mid-Atlantic Regional Director. Chris along with Amar Shrivastava, Keri DeMayo and Michael de Senna helped bring in sponsorship from Sirius Satellite Radio and Vonage for the excellent EMBA Golf Classic put together by Amar and Keri.
Camille Garnett (2006) informs us, “I was promoted to a Brand Manager position within the Neuroscience marketing division of Organon USA and have responsibility for a new product coming to market in 2008. It is an extremely exciting position where I am able to gain launch
experience on a drug in a competitive marketplace. In addition, Organon was just acquired by Schering-Plough last month, and I am looking forward to great opportunities with the new company.”
Dr. V. Mohan (2006)will be joining Honeywell (Specialty Materials division) as the Biopharma Technical Development Leader. In this position, Mohan will lead product development and technical support activities for new and existing biopharm reagents based in the Muskegon, MI facility. This includes providing technical advice, troubleshooting issues, and Voice of the Customer responsibility. He will also team with account managers on business development activities, training, and sales. In addition, Mohan will assist marketing managers to develop value propositions, promotional messaging and sales material.
Tina M. Cecere-Hunter (2006) is now at Siemens Medical as a Program Manager. She along with Gulshan Mirg, updated below, won the second prize at the prestigious RBS Case Competition.
Vinny Farina (2006) writes that he was recently, “Promoted to Senior Manager at Besler Consulting (www.beslerconsulting.com). I oversee the Revenue Cycle Product Line/Consulting Team and am heavily involved in strategic planning/expansion, business development, corporate initiatives (like core values/culture) and project management. The firm is looking to expand into new markets so it's quite exciting as we evolve and branch out.”
Gulshan Mirg (2006), Vice President at Bank of America has been awarded with
Bank's most prestigious Award of Excellence for leading and managing the efforts to design, execute and control the Global People Strategy for Information Technology Group, expanding captive India team, setup Follow the Sun support Model and successfully transition the part of Global IT infrastructure operation to India using Six Sigma methodology. The award is given to 1% of the top performers in the Bank.
Saul Seara (2006) emails us, “I recently joined the MetLife Global Operations Service Center BPO as a Senior Project Manager. I will be working with many different business lines to help them organize, plan, and implement an off-shoring strategy that will result in the move of their business processes to the Service Center in India. As this is not an IT position, but a business position, the fact that I graduated with an MBA from Rutgers was the pivotal point in the decision to accept me.
Thank you for your encouragement during the EMBA program, thank you for your support in helping me work with the EMBA Executive Coach (my most helpful partner in my pursuit for a new position), and thank you and the rest of the professors for the outstanding program you offer. You can share this with the current students to motivate them and show them that the program is an important asset they can't afford to lose.”
Chris Slachta (2006) at Johnson and Johnson tells us that he was “....taking a major career step as a result of EMBA. Not exactly the title I was after, but HUGE nonetheless. This job will put me in charge of every aspect of manufacturing (raw materials through to the customer) associated with about 70 different diagnostic test products and close to $400 million in sales each year. Forty-plus heads. Gordy will be proud*...his class played a part in the decision making process. * Prof. Gordy Smouther teaches Supply Chain Management in EMBA.
Dr. Nancy Tham (2006) isthe Chief Medical Officer of Newark Community Health Centers, Inc. She emails us, “I plan, organize, and direct the medical programs within the organization. I will supervise a core group of clinical staff (nurses, physicians, midlevel providers, and medical technicians), ensure compliance with Federal, State and Local regulations, and support the successful collaborative pursuits of grants, contracts, and philanthropic funding”. Nancy currently oversees the clinical functions of six health centers which employ over 25 physicians.
Amar Shrivastava (2006) was hired as Director of Operations and Technology at Six Sigma Qualtec. In his new role, his focus will be to increase operating leverage through the use of improved business processes and technology. One of the strategies that he has explored was learned in Prof. Jacob Matthews' Executive Leadership course; focusing on the company's core competencies. He has begun to outsource all non-value added functions and it is estimated that the company will be able to trim about 15% of their operating costs, which will all contribute to the bottom line. He adds “the biggest news since I graduated, was the birth of my daughter on April 26. Her name is Sarina and she and Kiran are doing great.”
Tim Sweeney (2006) is now Director, Strategy & Business Development Dow Jones & Co. Enterprise Media Group.
Tom Tsui (2006) informs us that he is Senior Manager, Business Development, at OOCLLogistics (USA) Inc., NYC office. Tom has played a key role in the Supply Chain incentive at RBS, and he has been vital in expanding the EMBA networking base to China. He was recently nominated to the prestigious role of President of CSCMP, New Jersey Roundtable (CSCMP is Council of Supply Chain Management Professionals). The global supply chain association based in Illinois, has over 9,000 members.
Richard Barkauskas (2007) emails, “During the course of the program, I was promoted from International Sales Manager, Commercial Products to Director, Global Hospitality & International Sales, Commercial at Hamilton Beach/ Proctor-Silex. Global Hospitality is largely centered around the in-room hotel and extended stay market (coffee makers, irons, hair dryers, clock radios), etc. When I visited Starwood last Summer, I was in charge of the international side of that business. Now I manage the U.S. as well.”
Note: Thanks to Richard’s connections in China (his “guanxi”, if you will), Rutgers EMBAs managed to stay in the amazing 5-star Westin on the Bund in Shanghai. There is no way that this would have been possible without his help!
Dr. Josh Bershad (2007) was promoted during school to Acting Medical Director, Robert Wood Johnson University Hospital. Josh managed this incredibly demanding new position (don’t forget the nurses strike), became a new dad, and completed his EMBA with flying colors!
Cassie Chandler (2007) is now Director of Outpatient and Satellite Services at Solaris. She writes, “In the rehab world, this is a pretty big job, as there are few real opportunities for big revenue generation in a hospital. There is no question that I was tapped for this job due to my MBA. I'm amazed at how I look at things so differently as a result of my experience in the EMBA program.”
Phil Mazzurco (2007) emails us that he is the first one in his operating company at Siemens to make the transition from an engineering-based product development into Business Development/Marketing. In his new role as Product Manager, Phil will be doing business plan development, market trend analysis, product innovation and complete lifecycle planning. He will be a key member of the National Team as well as the Siemens Building Technologies Global Team. His participation in the EMBA program, he tells us, was crucial to the facilitation of his transition.
Al Rech (2007) has been promoted from Senior Information Security Analyst to Director of Information Security with the American Stock Exchange.
Keith Titan (2007) has joined Bertelsmann Digital Media Investments (BDMI) as a Principal. BDMI is the new corporate venture capital arm of Bertelsmann AG, one of the largest media and entertainment companies in the world with over $25 billion in revenues. BDMI launched in October 2006 with a mandate to make investments in innovative early stage start-up companies with strategic
connections to Bertelsmann's various global divisions.
