The brothers each signed a will naming the other as executor of his estate, and reportedly agreed to divide the business equally between their two families in the event of one of their deaths. A Promo Code. In 1997, he and his wife, Mary, funded a $5 million John and Mary Pappajohn Scholarship Fund for ethnic, disadvantaged and minority students. In December, 2016, then-President-elect Trump announced that Liveris would head the American Manufacturing Council in his Administration, part of his economic message to buy American and hire American. The Council is the principal private sector advisory committee to the Secretary of Commerce on the manufacturing in the United States. KPS Capital Partners, LP us is one of the worlds leading private equity franchises, with approximately $5.2 billion of assets under management. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. The $100,000 in seed funding consists of a $50,000 contribution from John and Mary Pappajohn and a $50,000 match from the Iowa Economic Development Authority (IEDA). Verisign operates infrastructure services that enable and protect billions of interactions every day across the worlds voice, video and data networks. Born in Cyprus, Iordanou arrived in the United States and worked his way through college, New York University, earning a BS in aerospace engineering before entering the insurance industry in a trainee role at American International Group (AIG). After earning a bachelors degree at Michigan State University, he joined his brother Alec (also featured in this edition) in buying out companies. mark womack sec; korg n364 vst; . In 1964, he launched, with a partner, Phota Inc., a company that manufactured photographic chemicals specific to the development of X-Ray film and assisted in the development and importation to the United States of Fuji film. That innovation propelled Varvatos to the top-tier of the design industry, as boxer briefs were highly touted as one of the greatest apparel revolutions of the 20th century. Here there is a launching pad for all types of creative minds. Until his retirement in April 2012, Hatsopoulos was the chairman of American DG Energy Inc., the leading on-site utility he formed with his brother in 2001 offering electricity, heat, hot water and cooling to commercial, institutional and industrial customers. His grandfather, a Greek immigrant from Smyrna, was a broker and passed his knowledge of the business onto his son and partner Theodore, Dimons father. But by the time he graduated in 1952, he had saved $2,000. Search. Catsimatidis is chairman and CEO of the Red Apple Group, which is among the countrys largest privately held companies with 8,000 employees and estimated annual revenues of $4.3 billion. By investing that money in health care startups he has turned it into a personal fortune of more than $200 million. He became best known, perhaps, for his talent in solubilizing previously insoluble chemicals and making them stable for medical use. In July 2013, Metropoulos paid $410 million to buy Hostess Brands and return Twinkies to grocery shelves after the company had filed for bankruptcy protection and closed its doors. Marcus came to San Francisco from Greece at age four. John Pappajohn owns about 4,781,204 units of Cancer Genetics, Inc common stock. He wanted to own his own business. Pappajohn serves as director on the boards of three publicly traded companies: Cancer Genetics, Inc., American CareSource Inc., and CNS Response, Inc., a company which uses EEG-generated biomarkers for use in personalized medicine in psychiatry. In 2016, he stepped down as CEO. During his career, Pappajohn has launched over 100 companies and been involved in 50 IPOs. Mr. Pappajohn and his wife, Mary, have gifted more than $100 million to various philanthropic causes including the John Pappajohn Business Building at the University of Iowa Business School, the Pappajohn Pavilion at the University of Iowa Hospital and Clinics, the John and Mary Pappajohn Clinical Cancer Center and the Pappajohn Biomedical A leading philanthropist and nationally celebrated entrepreneur and business leader, Pappajohn is a 1952 graduate of the University of Iowa, and he received an honorary doctorate from the UI in 2010. John Pappajohn's largest purchase order was 100,000 units, worth over $149.81K on May 28, 2010. Dr. Stavropoulos was a director at Tyco International Limited from 2007 to 2012. At Iowa JPEC, entrepreneurship education is open to every major and every career path. A 1957 graduate of Northeastern University in Boston, Behrakis also studied at Boston University, and is a recognized leader in the pharmaceutical industry. Jamie Dimon is chairman and CEO of Americas largest bank JPMorgan Chase, and considered one of the nations most powerful people. The company is now the eighth largest convenience store supplier in the nation. In December 2015, Behrakis was given an honorary doctorate from the Medical Faculty of the National and Kapodistrian University of Athens for his contributions to science, pharmaceuticals, and medicine, and for his extensive humanitarian endeavors. She served as President of the Junior League of Des Moines, President of Goodwill of Central Iowa, and President of the Des Moines chapter of the Daughters of Penelope. George J. Tsunis uses the quality of human connection in his successful Chartwell Hotels enterprise, which he founded in 2006, building on a family tradition of hotel and restaurant ownership. He has been involved in over 100 startups and 50 IPOs, and has served as a Director in over 40 public companies. It invests in food vending, grocery distribution, video/arcade entertainment, restaurants, and media outlets. In 1962, he moved to Des Moines and organized the Guardsman Life Insurance Company (a public company), where he was chairman of the board from 1962 to 1969. Nicholas Galakatoshas been Managing Director of Clarus Ventures since companys beginnings in 2005. The company has since grown, now featuring clothing and equipment for lacrosse and soccer. In 1969, the 41-year-old Pappajohn sold the insurance company --"insurance was boring to me," he said -- and with $100,000, became an investor. George M. Logothetis is the founding chairman and CEO of Libra Group. The most recent stock trade was executed by John A Roberts on 31 January 2019, trading 185,436 units of CGIX stock currently worth $42,650. 20percentoff has been added to your order! Born to an Italian immigrant father and a Greek immigrant mother who divorced by the time he was 2, DeJoria has known poverty repeatedly: first during his childhood being raised by a single mother in Los Angeles, CA, and two periods of homelessness as an adult. He has been named one of Time magazines Digital 50, and is in CRNs Computer Industry Hall of Fame. In September 2013, the Federal Aviation Administration named Bidzos, who is a certified pilot, to the FAA Airmen Certification Database. In 2016, Angelo Tsakopoulos achieved two milestones. Since 2008, the John and Mary Pappajohn Education Center in Des Moines has helped central Iowa students pursue UI degrees and certificates closer to home. That year, the Haseoteses emigrated from Greeces Macedonia and Epirus regions to the United States, purchasing a one-cow dairy farm in Cumberland, RI for $84. He did not interview for a job. Michael Kalogris cofounded Arete Capital Partners, a private investment company, in 2008. 22 = Recreation Center Lot (UI no longer sells permits at this location, contact Iowa City Parking for more information, 319-356-5151.) Leaving other venture capitalists in the dust, he signed on with NetGenics within days. In 1969, he sold his interest and became a venture capitalist. The iconic face of millennial sitcoms and one of the best-known personalities in Hollywood, Jennifer Aniston, lived in Crete and Athens during part of her childhood as Jennifer Anastassakis. "John Pappajohn is my role model," says Antone Lazos, who founded a company with him in the 1980s. The family moved to Genesee, MI when he was a teenager. His father worked as a barber, and his mother managed a restaurant. He served with great distinction in the Army from 1951-54, including a stint on a combat signal team in the Far East. "The more I make, the more I get to give back. logix, a company Pappa- john started with Derace Schaffer that the latter says went from a con- cept to a $12-per-share public offering in 22 months. The 2018 John Pappajohn Iowa Entrepreneurial Venture Competition came to a close on September 13th with the announcement of the winners at a special recognition luncheon at Drake University in Des Moines. John Pappajohn is 90, he's been the Non-Executive Chairman of the Board of Cancer Genetics since 2014. The Demoulas family, one of Americas richest families, is difficult to gauge, both in terms of net worth and current status of control of their lucrative Market Basket Supermarket chain. In April 1996 American Physician Partners was merely a concept dreamed up by John Pappajohn, a venture capitalist, and Dr. Derace Schaffer, a radiologist. He also founded Pappajohn Capital Resources (a venture capital fund primarily investing in high tech, medical, and healthcare projects) in that same year. Peter G. Peterson has gone down in rankings on this list over the years, much to his credit because he has given away a good amount of his money to philanthropic causes though he climbed back up a bit, to $2 billion, in 2016. The family didn't have a telephone and shared a car. In 2003 Northeastern University and Medical Center in Boston opened the Behrakis Health Science Building and also created the Center for Drug Discovery. These cookies do not store any personal information. Whatever stage you're in, at the ISU Pappajohn Center for Entrepreneurship, we're here to help. He earned a bachelor's degree in commerce from the UI in 1952 and went on to become one of the university's most accomplished alumni. $0.00. The Pappajohn Scholarship Foundation has distributed over $4 million in grants to support ethnic, disadvantaged, and/or minority students over the past 10 years. John Pappajohn (BSC52) wanted to change that. He needed something fresh, something different. The ISU John Pappajohn Center for Entrepreneurship, part of the Ivy College of Business and the Office of Economic Development and Industry Relations, offers numerous programs and services that broadly reach and connect students, community entrepreneurs, business professionals, and alumni. Few convenience food stores with dawn-to-midnight service every day of the week existed in the northern part of the country in the 1950s. He was then 41. He doesn't use a computer. John Pappajohn is an entrepreneur, a philanthropist, and at 88 years old, still a self-proclaimed workaholic. NetGenics just celebrated its first birthday and already has contracts with major pharmaceutical companies. 352 0 obj
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Born in Laconia, Greece, Sakellaris founded Ameresco in 2000 and took it public 10 years later. After a long and distinguished career at the Dow Chemical Company, where among other capacities he served as Chairman and CEO, William S. Stavropoulos, 77, moved into a different direction: he is president and founder of minor league baseball team the Great Lakes Loons. In 1969, Mr. Pappajohn founded Equity Dynamics, Inc., a financial consulting entity, and Pappajohn Capital Resources, a venture capital firm, both in Des Moines, Iowa. Admin Login. Chartwell, under Tsunis leadership, practices the live well philosophy, which focuses on healthy eating and going green at its hotels. Born in Sherman Oaks, CA, Anistons family relocated to New York after their stay in Greece. 2023 John Pappajohn. He currently serves on the boards of the following public companies: American CareSource Holdings, Inc., since 2004, and CNS Response, since 2009. 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