Pappajohn Student Entrepreneurial Venture Competition, Pappajohn Iowa Entrepreneurial Venture Competition, Sigma Nu Tau Entrepreneurship Honor Society, Entrepreneurship and Innovation Seminar Class. All rights reserved. In 2015, due to the companys success, Marcus net worth catapulted him from millionaire to billionaire. He serves on the board of Cisco, a multinational corporation networking and communications technology and services company. His wife, Margo, and he have established chairs and scholarships at various universities and medical centers. 1300 Grand Ave Des Moines IA 50309 (515) 277-4405. He remained Chairman Emeritus of the Kos board until his passing. He selected in 2004 as a member of the National Academy of Sciences. Pappajohn emigrated from Euboea, Greece to the United States when he was just nine months old. 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. Applications for the John Pappajohn Entrepreneurial Venture Competition will be accepted starting Monday, March 15th. His father worked as a barber, and his mother managed a restaurant. "He's a visionary with old-world values. In June 2014, he joined the board of digital security start-up BitGo. John Pappajohn Iowa Entrepreneurial Venture Competition Awards $100,000 in Cash Prizes. cookies cookies. John Pappajohn owns about 4,781,204 units of Cancer Genetics, Inc common stock. Cumberland Farms expanded across state lines and eventually grew to become the largest dairy farm operation in Massachusetts. He turned 80 years old, and he was honored as a permanent part of the United States Congressional Record. As he told students in a lecture in 2005, his grandfather was a Greek sailor who made the impromptu decision to stay in Darwin, after traveling there on a merchant ship at the start of the 20th century. The work with the Pappajohn Center and North Iowa SBDC paid-off. endstream endobj 325 0 obj <. Galakatos was born in Athens and raised in Thessaloniki. That company, today known as Kappa Graphics, LP. With roots in Kastellorizo, Greece, Liveris was born in Darwin, Australia. ", In the past 27 years he has founded more than two dozen public companies. He has been involved in over 100 startups and 50 IPOs, and has served as a Director in over 40 public companies. 2023 John Pappajohn. Encouraged by his father, a first-generation Greek immigrant who complained how little the university life paid, Yancopoulos in 1988 jumped ship to a small Tarrytown, NY Biotech firm called Regeneron and helped its worth rocket 2,240 percent in the past five years. They have provided close to $750,000 in awards in Iowa for students and entrepreneurs participating in the annual Pappajohn Entrepreneurial Venture Competitions. Mr. Pappajohn organized and contributed greater than $25 million to establish the John Pappajohn Entrepreneurial Centers at five different universities and colleges in the state of Iowa, including Iowa State University, to promote job creation in the state. He has been managing general partner of leading venture capital investor New Enterprise Associates, Inc. (NEA) since 1999, having joined the company in 1992. Bigger deals quickly followed. Sustainable is the motto of the company that increases energy efficiency for federal, state and local governments, healthcare and educational institutions, housing authorities, and commercial and industrial customers. All rights reserved. Thermo Electron grew into an international company recognized as a global leader in environmental monitoring and analysis instruments, and a major producer of paper-recycling equipment, biomedical products, alternative-energy systems and other products and services related to environmental quality, health and safety. Sotirios J. Vahaviolosis Founder, Chairman, and CEO of Mistras Group, a global provider of technology-enabled asset protection solutions used to evaluate the structural integrity, safety and efficiency of critical, industrial and public infrastructure. In 2008, Marcus co-founded the National Hellenic Society. The Pappajohn Biomedical Institute (PBI) is a scientific community seeking to understand the fundamentals of biology and disease and to extend our discoveries into real-life applications that improve human health. He was then 41. 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. He previously served on the board of Pine Manor College, Chestnut Hill, Mass. He ran for mayor as an independent in 1964, but lost. KPS acquires non-core, underperforming or distress underperforming manufacturing and industrial companies and makes the business better by implementing operations-driven turnaround strategies. Kynikos has offices in New York and London. Caremark, which was ultimately sold to Baxter International, made him more than $12 million. Her parents divorced when she was 9, and she was raised by her mother, Nancy Dow. John Pappajohn was born in Greece. Order Online. He helped establish Verisign as a global corporation used by millions of consumers and businesses daily as they interact on the worlds voice and data networks. Mr. Pappajohn has a BSC degree in business from the University of Iowa. Today George Logothetis is based in New York, while Constantine, who is Executive Vice Chairman of the group, is based in London. Core's chief executive, George Carpenter, called Pappajohn in distress, confessing that he had no money for his payroll. hb```, ea8 10L?T`~CVtf@RcrFA\-pq#=ODA!@ biH(?J-4Y8;VO8YmGRtWy@" 7@ ` 8 He currently serves on the boards of the following public companies: American CareSource Holdings, Inc., since 2004, and CNS Response, since 2009. Dean Metropoulos, is Chairman and CEO of Metropoulos & Company, a boutique buyout and management firm. The more I make, the more I get to give back. For his trouble Pappajohn got 1 million shares for just $125,000. The son of second-generation Greek-American parents, Stratton Sclavos, 55, is a partner at Radar Partners LLC, a private equity and venture capital firm based in Palo Alto, CA He served on the board of directors of Intuit, Inc. from 2001 to 2010, as well as the company Juniper Networks. Peterson co-founded Blackstone with Stephen Schwarzman in 1985. The daughter of daytime soap opera star John Aniston (Days of Our Lives), she eclipsed her fathers television fame and success with her own role as Rachel Green on the eternally popular situation comedy, Friends (1994-2004). A son of Greek immigrants, Payiavlas traces his companys beginning to purchasing a few vending machines for the familys Village Caf in his hometown of Warren, OH. At $2,500 each, these honors are targeted to students of junior, senior, or graduate status who have started or who intend to establish their own business or are participating in the entrepreneurship programs on campus. He recently set up a scholarship fund for disadvantaged kids, and he's given millions to the University of Iowa, which has named its business school building after him. "That was it. His career, featured in Forbes, showed how his scientific ability and humility combined to help him develop drugs for patients with illnesses from asthma to cancer and made the company a force to be reckoned with in its field. The company is now the eighth largest convenience store supplier in the nation. Calamos also credits his military service as a key factor in his success, as it solidified his view of the importance of discipline, risk assessment and teamwork. The family moved to Genesee, MI when he was a teenager. His John Paul Mitchell Systems hair products and Patron Spirits, both still privately held, are each worth more than a billion dollars. Their idea: to create America's largest low-cost provider of radiology services, such as X-rays and mammography. Twelve teams advanced to the final presentation round, and the winners were announced at the luncheon. The family name was shortened when his father arrived on Ellis Island. At age 16, after his father's death, he began managing his family's grocery store in Mason City, Iowa. John and Mary Pappajohn Sculpture Park. Over the next 17 years, the two brothers converted the lamb shop into a successful grocery store chain of 15 stores. John Varvatos was born in Detroit, but his roots are from the Greek island of Kefalonia. After earning a bachelors degree at Michigan State University, he joined his brother Alec (also featured in this edition) in buying out companies. He graduated from the University of Iowas College of Business Administration in 1952. He wanted to own his own business. He was one of the early venture capitalists. Previously, Mr. Pappajohn served on the boards of ConMed Healthcare Management, Inc. from 2005 until August 2012, PharmAthene, Inc., from 2007 until July 2011, Careguide, Inc., from 1995 until 2010, and SpectraScience, Inc., from 2007 until 2009. The John Pappajohn Iowa Entrepreneurial Venture Competition contest is intended to encourage and promote entrepreneurial activity and create greater awareness of the resources available to entrepreneurs in Iowa. The existence of a plan empowered Peter and Margaret to manage through the construction unknowns and move across the street. 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 began his career as a baker, but in 1951 used an $800 loan to purchase a panel truck and began selling sandwiches to farm workers. After the war, the elder Capellas met and married his wife, Juliet, in Italy. Search. Chanos is a second generation Greek-American who grew up in Milwaukee, WI. 20percentoff has been added to your order! With all his getting, he's clearly gotten understanding. Mr. Pappajohn serves as a trustee for the Des Moines Art Center and is a member of the National Committee of the Performing Arts for the Kennedy Center. %PDF-1.6 % On average, Cancer Genetics executives and independent directors trade stock every 35 days with the average trade being worth of $340,207. He served as Chairman and CEO of pharmaceutical giant Merck & Co. from 1985 to 1994. John P. Calamosis founder and chairman of Calamos Investments, a global asset management firm. Headquartered in Los Angeles, CA, the company has offices in New York, Boston, London, and Singapore. The UI's John Pappajohn Entrepreneurial Center was established in 1996 and has fostered thousands of new entrepreneurs. Bidzos returned to the CEO job in 2011. Over the last 10 years, insiders at Cancer Genetics have traded over $1,720,897 worth of Cancer Genetics stock and bought 3,891,559 units worth $4,573,241 "Wall Street will pay more for a successful new idea.". 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