Sam Valenti III (Chairman) is Chairman of Valenti Capital, an investment firm located in Bloomfield Hills, Michigan. Valenti Capital manages several hundred million dollars in hedge funds, venture capital funds, and other private equity investments. Mr. Valenti is also the Executive Chairman of TriMas Corporation. TriMas is a NYSE listed diversified manufacturing company. Formerly a senior executive, corporate officer and 30 year veteran of Masco Corporation, a Fortune 500 manufacturer of home building and home improvement products with sales approaching $8 billion, Mr. Valenti was the youngest person to be named vice president in the 70-year history of Masco. For over 25 years, he was the leader of a team of investment professionals involved in a wide array of investment activities including stock and bond investment, commodity hedging, merger and acquisition analysis, and venture capital investing. He continues to serve as president of Masco Capital Corporation, the investment subsidiary of Masco Corporation, with assets of several hundred million dollars.
Mr. Valenti is the recent chairman and a 15-year veteran of the Investment Advisory Committee of the $50 billion State of Michigan Retirement System. He serves on the Harvard Business School Advisory Council for Global Corporate Governance, the Advisory Council at the University of Notre Dame, and the Advisory Boards of Questor, Long Point, Doll Capital, Camelot and Enterprise Development Fund. In addition, he is a former member of the Board of Directors and Chairman of The Endowment Committee for the Center for Creative Studies and Chairman of the Investment Committee of the Cranbrook Educational Community. He was a member of the board of directors of Children’s Hospital, Arbor Drug, and the endowment committee of the Detroit Institute of Arts. Mr. Valenti received his Bachelor of Arts, with honors, and his Master Arts, also with honors, from Western Michigan University.
Richard M. Gabrys – The former Interim Dean of the School of Business Administration of Wayne State University and retired Vice Chairman of Deloitte & Touche LLP, Mr. Gabrys has more than four decades of experience in public accounting, including extensive service to a variety of publicly held companies in the automotive manufacturing, financial services, and healthcare industries. Most recently, he served as a vice chairman in Deloitte’s U.S. Global Strategic Client Group, and as a global and U.S. leader of the firm’s manufacturing and automotive practices. In addition, he assisted a number of large corporations with their implementation of the requirements of Sarbanes-Oxley compliance. Previously, Mr. Gabrys served as the operations leader for Deloitte’s Financial Institutions Industry Group and served as the U.S. representative on its Global Banking Committee. He also previously served as lead audit partner and advisory partner to a number of financial and healthcare organizations.
Mr. Gabrys is also a member of the board of the National Association of Manufacturers and the board of the Manufacturing Institute. In addition, he is active on the boards and advisory councils of a number of organizations in the metropolitan Detroit area. He is past chairman of the board of the Detroit Medical Center, the Board of Directors for the Detroit Regional Chamber, and the Michigan State Chamber of Commerce. He is the treasurer of the Detroit Institute of Arts, as well as chair of its Finance Committee and a member of its Executive Committee. He is the former chairman of the Board of the Detroit Economic Growth Corporation. He also serves on the boards of ArtServe Michigan and The Alliance for a Greater Safer Detroit.
Erik Lundberg is the Chief Investment Officer at the University of Michigan, responsible for directing and overseeing the University’s $9.4 billion in investment programs which includes the 7th largest endowment among U.S. educational institutions. His primary responsibilities include developing and implementing asset allocation for all of the University’s investment programs, evaluating current and prospective investment managers, exploring alternative investment strategies, and ensuring successful communication and relations with the University and its Investment Advisory Committee. Prior to joining the University in 1999, Mr. Lundberg held several positions with Ameritech’s investment office, which was charged with overseeing $22 billion in pension and other plan assets. His responsibilities there included leading global asset allocation activities and managing the company’s U.S. and non-U.S. equity programs.
Doug Rothwell has worked as an executive in the public, private and non-profit sectors having worked for three state Governor’s and two Fortune 500 companies. Currently, Doug is President & CEO of Business Leaders for Michigan. He helped form this organization and develop the Michigan Turnaround Plan, a five-step strategy to make Michigan a top ten state for job & economic growth that has gained broad support throughout the state. Prior to joining Detroit Renaissance, Doug served as Executive Director of Worldwide Real Estate for General Motors.
Doug also founded and served as President and Chief Executive Officer of the Michigan Economic Development Corporation. During his ten-year tenure, Michigan was named the number one state for attracting and retaining corporate site location investments an unprecedented four years in a row, was cited for achieving one of the top business climates in the nation, and was consistently named the best state economic development agency. His work continues to serve as the foundation for much of Michigan’s economic development strategy, including: Renaissance Zones, Smart Zones, Brownfield redevelopment incentives, MEGA tax credits, economic development job training grants, M-TEC training centers, the NextEnergy initiative and business retention program. Previously he served as Chief of Staff to the Governor of Delaware and was an Executive Vice President at MBNA Corporation, the nation’s second largest credit card issuer (now part of Bank of America).