Michael L. Smith, former executive vice president and chief financial officer for Anthem Inc., was elected to the board of managers at LDI Ltd. LLC.
Smith was responsible for accounting, reporting and overall financial, tax and investment management of Anthem. He was the co-executive sponsor of Anthem’s $4 billion IPO in 2001, one of the largest IPOs in the history of the New York Stock Exchange. His retirement followed the merger of Anthem and WellPoint Health Networks, Inc.
Smith was chairman, president and CEO of Mayflower Group Inc. from 1989 to 1995 and held other management positions at Mayflower from 1974 to 1989. Mayflower operated a worldwide relocation service and provided school and public passenger transportation in 30 states. He started his career in the Indianapolis office of Arthur Andersen & Co. and graduated from DePauw University.
Smith was a director of several charitable and civic organizations and currently serves as a director for the Legacy Fund of Hamilton County. He is a member of the board of trustees of DePauw University, the Michigan Maritime Museum and the Park Tudor School Trust. His prior community service includes leadership roles with the Indianapolis Symphony, the Children’s Museum of Indianapolis, the Family Support Center, St. Vincent’s Hospital Foundation, the Eiteljorg Museum and Crossroads Rehabilitation Center.
STANDARD MANAGEMENT CORP.
Standard Management promoted Michael B. Berry to senior vice president of corporate development.
Berry continues to perform the duties of treasurer for Standard Management while focusing on strategic acquisitions for the company, working with the president of U.S. Health Services, Dr. Martial Knieser.
Berry graduated from Purdue University with an accounting degree and is a CPA with diversified experience in the acquisition arena.
Standard Management also appointed Michael B. Edwards interim chief financial officer. Edwards maintains the duties of vice president and controller and remains the company’s designated SEC principal accounting officer, in addition to the responsibilities of chief financial officer.
Edwards graduated from Indiana University with an accounting degree, and received his CPA designation in 1997. He previously worked for Ernst & Young LLP for eight years, most recently as a manager.
INTERACTIVE INTELLIGENCE INC.
Interactive Intelligence Inc. elected Richard A. Reck to its board of directors. Reck is founder and president of Business Strategy Advisors LLC, a business strategy consultancy that serves technology-based companies. He had been a partner with KPMG LLP, a Big Four CPA firm, for nearly 30 years until his retirement in 2002.
While at KPMG, Reck held multiple roles, including national industry director, software and information services practice; national partner-in-charge, software strategic consulting practice; and Midwest partner-in-charge, software, Internet and information services practice.
Reck is also a member of the board of directors of Merge Technologies, a public health care software and information company; Greenbrier & Russel, a private information technology services company, where he serves as chairman; Sivox Technologies Inc., a private call center training and quality software company; LiquidGeneration, a private media and Internet services company, where he serves as chairman; the Illinois Information Technology Association (formerly the Chicago Software Association); and other civic organizations.
He received a bachelor of arts degree in mathematics from DePauw University and an MBA in accounting from the University of Michigan. Prior to joining KPMG, Reck was a systems analyst/programmer in management information systems for two large NYSE companies. He is a CPA in Michigan and Illinois, and a member of the American Institute of Certified Public Accountants, the Illinois CPA Society, the Technology Executives’ Club and the Chicago Software Association.
APRIMO INC.
Aprimo Inc. appointed John Ludwig chief financial officer. The appointment follows Aprimo’s recent acquisition of DoubleClick’s EMS business unit.
Ludwig brings to Aprimo a successful track record in completing and integrating acquisitions, and managing profitable growth on a global scale. Additionally, he is experienced in managing the financial operations of a public company, as well as developing and maintaining relationships with the investment community.
Previously, Ludwig was vice president of corporate finance and investor relations for Brightpoint Inc., one of the world’s largest distributors of mobile phones. He also served as vice president and CFO of Brightpoint International Ltd. in Manchester, England.
While working abroad, he completed multiple international acquisitions and was primarily responsible for financial accounting, management and reporting for Brightpoint International.
JPMORGAN CHASE & CO.
Chase Education Finance named Robert D. Moore president of JPMorgan Chase & Co.’s student finance business. He leads the largest U.S. student lender, serving 2,500 schools and universities across the country through both the Chase and Bank One brands.
In the late 1990s, Moore was president of Bank One’s Education Finance Group and grew the business into the industry’s No. 1 loan originator.
Over the last year, Chase has taken back control of its sales force by ending outsourcing and joint venture relationships. Moore manages the day-to-day functions of 125 sales, marketing and support professionals.
He began his career in 1979 with National Guarantor USA Funds. He was a founding board member of USA Group, and was executive vice president and chief marketing officer. In 1991, he became president and CEO of USA Group Enterprises Inc., where he developed and acquired six for-profit education-related businesses.
He was president of Bank One’s Education Finance Group from 1996 to 1999, and has headed his own private investment and real estate development business since 2001.
