VOL. 38, NO.

22 MAY 29 - JUNE 4, 2017

CLEVELAND BUSINESS
DAVID T. ABBOTT, GEORGE GUND FOUNDATION VIRGINIA C. ADDICOTT, FEDEX CUSTOM CRITICAL CRAIG ARNOLD, EATON JODI
BERG, VITAMIX RONALD M. BERKMAN, CLEVELAND STATE UNIVERSITY JULIE A. BOLAND, ERNST & YOUNG AKRAM BOUTROS,
METROHEALTH SYSTEM SHERROD BROWN, U.S. SENATE ARMOND BUDISH, CUYAHOGA COUNTY JOSEPH A. CALABRESE, GREATER
CLEVELAND REGIONAL TRANSIT AUTHORITY RICK CHIRICOSTA, MEDICAL MUTUAL OF OHIO PAUL CLARK, PNC FINANCIAL SERVICES
GROUP. WILLIAM CONSIDINE, AKRON CHILDREN’S HOSPITAL DELOS ‘TOBY’ COSGROVE, CLEVELAND CLINIC EDWARD F. CRAWFORD,
PARK-OHIO HOLDINGS FRED CUMMINGS, ELIZABETH PARK CAPITAL JENNIFFER D. DECKARD, FAIRMOUNT SANTROL PAUL DOLAN,

WHO’S
CLEVELAND INDIANS ART J. FALCO, PLAYHOUSE SQUARE FOUNDATION UMBERTO P. FEDELI, THE FEDELI GROUP JOSE C. FELICIANO
SR., HISPANIC ROUNDTABLE WILLIAM D. FRIEDMAN,, CLEVELAND-CUYAHOGA PORT AUTHORITY MARCIA FUDGE,, U.S. HOUSE OF
REPRESENTATIVES KAREN GAHL-MILLS, CUYAHOGA ARTS
& CULTURE FRED AND GREG GEIS, GEIS DEVELOPMENT JAY
A. GERSHEN, NORTHEAST OHIO MEDICAL UNIVERSITY DAN
GILBERT, CLEVELAND CAVALIERS, ROCK VENTURES DAVID
GILBERT, DESTINATION CLEVELAND, GREATER CLEVELAND
SPORTS COMMISSION LOURENCO GONCALVES, CLIFFS

WHO
NATURAL RESOURCES MARCIE GOODMAN, CLEVELAND
INTERNATIONAL FILM FESTIVAL ERIC GORDON, CLEVELAND
METROPOLITAN SCHOOL DISTRICT CARL GRASSI, MCDONALD HOPKINS ANDRE
GREMILLET, CLEVELAND ORCHESTRA TRICIA GRIFFITH, PROGRESSIVE
WILLIAM GRISWOLD, CLEVELAND MUSEUM OF ART BRIAN HALL, COMMISSION
ON ECONOMIC INCLUSION HOWARD W. ‘HOBY’ HANNA IV, HOWARD HANNA
REAL ESTATE SERVICES GREG HARRIS, ROCK AND ROLL HALL OF FAME JIMMY
AND DEE HASLAM, CLEVELAND BROWNS MICHAEL HILTON, NORDSON DAN

IN
HORRIGAN, CITY OF AKRON FRANK JACKSON, CITY OF CLEVELAND LEBRON
JAMES, CLEVELAND CAVALIERS ALEX JOHNSON, CUYAHOGA COMMUNITY
COLLEGE CHARLES JONES, FIRSTENERGY JOE KANFER, GOJO INDUSTRIES MARCY KAPTUR, U.S. HOUSE OF
REPRESENTATIVES JANET KAVANDI, NASA GLENN RESEARCH CENTER CHRIS KELLY AND HEATHER LENNOX,
JONES DAY ROBERT KLONK, OSWALD STEWART KOHL, RIVERSIDE LEN KOMOROSKI, CLEVELAND CAVALIERS
RICHARD KRAMER, GOODYEAR TIRE & RUBBER KYLE KUTUCHIEF, KNIGHT FOUNDATION RAY LEACH,
JUMPSTART CHRISTOPHER MAPES, LINCOLN ELECTRIC ARI, JORI AND RICK MARON, MRN ANDY MATTES,
DIEBOLD NIXDORF STEPHEN McHALE, CHARLIE LOUGHEED AND ANIL JAIN, EXPLORYS DARRELL L. McNAIR,

NORTHEAST
MVP PLASTICS LORETTA J. MESTER, FEDERAL RESERVE BANK OF CLEVELAND STEVE MILLARD, COUNCIL OF
SMALLER ENTERPRISES BETH E. MOONEY, KEYCORP BERNIE MORENO, BERNIE MORENO COS. JOHN G. MORIKIS,

OHIO
SHERWIN-WILLIAMS DEAN AND SCOTT MUELLER, DEALER TIRE FREDERICK
R. NANCE, SQUIRE SANDERS BOGGS AUGUST A. NAPOLI JR., UNITED WAY
OF GREATER CLEVELAND ARAM NERPOUNI, BIOENTERPRISE JON J. PINNEY,
KOHRMAN JACKSON & KRANTZ DOUGLAS E. PRICE AND KAREN M. PAGANINI,
K&D GROUP BILL PRIEMER, HYLAND SOFTWARE JOE PULIZZI, CONTENT
MARKETING INSTITUTE CLAIBORNE R. RANKIN, NORTH COAST ANGEL FUND
JAMES A. RATNER, FOREST CITY REALTY TRUST JIM RENACCI, U.S. HOUSE
OF REPRESENTATIVES RONALD B. RICHARD, THE CLEVELAND FOUNDATION
SEAN RICHARDSON, HUNTINGTON BANK JOE ROMAN, GREATER CLEVELAND PARTNERSHIP CHRIS RONAYNE, UNIVERSITY CIRCLE
WALT ROSEBROUGH, STERIS VICTOR A. RUIZ, ESPERANZA TIM RYAN, U.S. HOUSE OF REPRESENTATIVES IVAN SCHWARZ, GREATER
CLEVELAND FILM COMMISSION BAIJU SHAH, BIOMOTIV JONATHAN STAMLER, HARRINGTON DISCOVERY INSTITUTE ILENE SHAPIRO,
SUMMIT COUNTY MARK SMUCKER, J.M. SMUCKER BARBARA R. SNYDER, CASE WESTERN RESERVE UNIVERSITY ROBERT STARK,
STARK ENTERPRISES MARC A. STEFANSKI, THIRD FEDERAL SAVINGS & LOAN FRANK C. SULLIVAN, RPM INTERNATIONAL EDDIE
TAYLOR, TAYLOR OSWALD JIM TRESSEL, YOUNGSTOWN STATE UNIVERSITY BEVERLY WARREN, KENT STATE UNIVERSITY JEFFREY AND
ZEV WEISS, AMERICAN GREETINGS BRAD WHITEHEAD, FUND FOR OUR ECONOMIC FUTURE THOMAS L. WILLIAMS, PARKER HANNIFIN
MATTHEW WILSON, UNIVERSITY OF AKRON SCOTT WOLSTEIN, WOLSTEIN GROUP THOMAS F. ZENTY, UNIVERSITY HOSPITALS
PAGES 13-27
Crain’s illustraion by David Kordalski

Entire contents © 2017 by Crain Communications Inc. AKRON SOURCE LUNCH

Insuring pets is welcome Rafael
move for company. Page 35 Hernandez
Brito, Spanish
play-by-play
THE LIST voice of the
Ranking the region’s Cavaliers
top money managers Page 28 Page 39
 CONTENT
SPONSORED BY
TECH MATTERS
Summer camps aim to sharpen
student technology skills
C
ourtney DeOreo ushered in the
last two years of Tech Corps/RITE
Board summer high school coding
camps by asking the students
seated before her to raise their hands if they
had taken computational thinking courses,
information technology or computer science
courses at school. The majority of hands
remained stationary.
“Most of those students’ skills in those areas
were self-taught. That’s starting to change,”
said DeOreo, director of Regional Information
Technology Engagement, or RITE, which
offers IT training to students throughout
Northeast Ohio. More schools realize the need
for computer science in their curriculum, she
said. (Ohio lawmakers this spring introduced
House Bill 170, which would permit schools
to count computer science courses toward
math or science graduation requirements.)
In the meantime, elementary, middle
and high school students will be streaming
through the doors of local school campuses
to create apps, build robots, problem-solve
cybersecurity vulnerabilities or design games.
The skills that students glean from these
summer tech camps will amplify school-based
education by giving essential exposure to
programming and computer science concepts.
“Employers and universities throughout
Lorain, Greater Cleveland and Akron-
Summit engage with the students during
these camps, which are driven by curriculum
and experiential learning,” DeOreo said.
In total, RITE and Tech Corps this year
are offering eight weeklong interactive high
school coding camps for 160 students in
either cybersecurity or C# coding. These
camps are sponsored by big-name Northeast
Ohio employers that include Smucker’s,
Eaton, OEC and Progressive.
Repeat coding camp supporter OEC is
once again sponsoring this year’s all-girls
high school coding camp in July at Baldwin
Wallace University.
“The all-girls camp has been extremely
well-received. Women are largely under-
represented in tech across the country. In
order to change that, we need to build
a strong pipeline of female talent. That
begins with teaching middle school and
high school girls to code. This environment
JUNE 2
Big Data for Small Manufacturers: 8:30 a.m.
to 4 p.m., MAGNET, 1768 E. 25th St.,
Cleveland. These workshops help small-
and medium-sized manufacturers learn how
CALENDAR OF to harness the power of big data with small
EVENTS budgets. Info: jumpstartinc.org/events/
big-data-small-manufacturers.
TO READ PREVIOUS TECH MATTERS STORIES,
GO TO crainscleveland.com/techmatters.
NEWS AND TRENDS FROM NORTHEAST OHIO’S
TECHNOLOGY SECTOR
PHOTO PROVIDED BY TECH CORPS
Tech Corps offers eight summer camps throughout Northeast Ohio in collaboration with RITE
Board, as well as summer techie camps.
Tech camp for adults
Software developers, designers, database administrators, project
managers and others will donate their time from July 21-23 to create
software and web-based applications for nonprofits. The eighth annual
Cleveland GiveCamp is one of the largest events of its kind in the
country. Since its inception, local volunteers have donated nearly $4
million of development work to more than 250 regional nonprofits.
gives these young women the confidence For those who aren’t able to attend a
they need to pursue tech as an interest and summer program, Code.org offers free
a career. It’s important and we’re proud to online coding courses for kindergarten
be a part of it,” said Jennifer Luu, marketing through 12th grade.
communications specialist at OEC. Hyland Software, which helped develop
Elsewhere, students will be sharpening the curriculum for the RITE Board and Tech
their STEM acumen at Tech Corps’ summer Corps high school coding camps, launched
techie camps, which are held at various a couple years ago its own tech outreach
educational institutions. Activities during program — Hy-Tech Camp — for seventh-
these weeklong events revolve around through 12th-grade students. Each of the 11
robotics, programming, app development, summer camps covers a different technology
3D printing and web development, said topic, from building a web page to disman-
Alexis Crosby, regional director of Tech tling and rebuilding a computer, said Caitlin
Corps for Northeast Ohio. Nowlin, technical outreach program manager.
“This summer, we’ll be working with more “We want to make sure students are being
than 1,000 students in Northeast Ohio,” she exposed to this field from an early age so they
said. “We’ve grown in participation and part- have the opportunity to learn critical com-
nerships with regional employers every year.” puter science skills,” Nowlin said.   certifications in a particular area.
JUNE 13
Caffeinated Ideas: 10 a.m. to 11:30 a.m., Akron-Summit County
Public Library, 60 S. High St., Akron. This forum at the library’s
Microbusiness Center is open to entrepreneurs, small business
owners, mentors and business professionals. Participants are
invited to present ideas for new concepts or products at any
stage of development, and help figure out how to better position
it for the marketplace. Info: tinyurl.com/lp8ux38
A PRODUCT OF
UP TO CODE
Last year, there were about 16,000 open software
development jobs in Ohio, and of those, about
half were located in Northeast Ohio. Meanwhile,
only about 300 students graduated last year with a
bachelor’s degree in computer science from local
colleges and universities, said Anthony Hughes,
CEO and co-founder of Cleveland-based Tech
Elevator, a coding boot camp provider.
“There’s a huge talent demand and supply
gap,” he said.
Coding boot camps help plug the talent
shortfall and often provide direct access to
career opportunities among some of the
region’s most notable employers.
Among them:
n Tech Elevator offers 14-week boot
camps in Cleveland and Columbus three times
a year. Students pay $14,000 and attend all day,
Monday through Friday. The typical student
is either a recent college graduate, up-skiller
or career changer. They have the opportunity
to concurrently attend a pathway program
that polishes their career-readiness skills. Its
job placement rate among those students is
98% within 120 days after graduation. The
average entrant’s salary is $60,321. By the
time students graduate and land a job, their
salaries increase an average of nearly $24,000.
“Software developers are experiencing some
of the greatest year-over-year salary increases,”
Hughes said.
n We Can Code IT affords women,
minorities and those who are economically
disadvantaged an opportunity to advance
their careers within three to five months.
The upfront cost is $12,000. Boot camps are
located in Cleveland and Columbus. That
entity plans to graduate 300 students this year.
Its placement rate among full-time students in
2016 was 85%, according to CEO Mel McGee.
n Akron-based Software Guild gives
participants the chance to learn junior-level
developer coding skills either through an
accelerated 12-week full-time format or as
part-time over 14 months. The in-person
program is $13,750, while online is $12,000.
n Four-year universities and
colleges and community colleges
also offer continuing education courses
or noncredit workforce development for
adults seeking professional development in
technology. Students can also seek industry
JUNE 28
COSE WebEd Series: Internship Program for Small
Businesses: 11 a.m. to noon. Greater Cleveland
Partnership’s director of education and workforce
will lead a webinar discussion on how small
businesses can grow solid internship programs
within the constraints of time and resources.
Info: tinyurl.com/n3zxon4
CRAIN CONTENT STUDIO
C l eve l a n d
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 3

How Cleveland investors made a killing

in Verizon’s latest $3 billion acquisition
By JEREMY NOBILE
jnobile@crain.com
@JeremyNobile
When Straight Path Communica-
tions Inc., a small telecommunications
company in Virginia with nine em-
ployees, in April announced a pending
sale to AT&T for $1.6 billion, some
Cleveland investors with a sizable
stake in the firm — largely due to a
$17.5 million loan negotiated only sev-
eral weeks prior — thought they had
walked into the deal of the decade.
They didn’t expect it to morph into
the deal of a lifetime.
“April 10 was a very, very exciting
day,” said Robert Clutterbuck Sr., the
66-year-old founder and managing
partner of Cleveland’s Clutterbuck
Capital Management, which secured
that debt financing.
“Then, May 8 was the best,” he said.
“At that point, you’re hoping for even
more (upside) because you’re deliri-
ous. But to be able to tell your inves-
tors this may be the best deal you
were ever in, that’s pretty exciting.”
May 8 is when Straight Path an-
nounced a revised sale offer of $184 a
share from a new, then-undisclosed
buyer that soon was revealed as Veri-
zon Wireless.
On April 6, a few days before the
AT&T offer was announced, Straight
Path’s stock was worth $36.48 a share.
The Verizon deal eventually was inked
with a ticket price of $3.1 billion. That’s
a 404% premium over that $36 stock
price, very likely making it the largest
takeover premium in history for trans-
actions greater than $1 billion.
That sale means a nice payday for
Straight Path stockholders.
But it’s the debt deal Clutterbuck
Capital chased down that has become
the envy of Wall Street and drawn at-
tention to the small investment firm
running a $100 million fund.
“We had some stock in the deal.
But the deal Bob structured was kind
of no downside, all upside,” said Tom
Boucher, managing director at In-
galls & Snyder, a New York invest-
ment firm that owned Straight Path
stock but didn’t participate in the
Clutterbuck-led loan, which gave the
firm a large stake in the business.
“He got the whole thing done very
quickly,” Boucher said. “And, yes,
some people were surprised” this
came from Cleveland.
How they did it
For Clutterbuck Capital, whose
staff of three comprise Clutterbuck
Sr., his son, Robert Clutterbuck Jr.,
and partner Ryan Crane, a deal that
took a matter of days to assemble was
years in the making.
Verizon and AT&T were fighting
over Straight Path for its 5G spectrum
band claimed via licenses auctioned
off by the Federal Communications
How the deal went down tions companies. Crane and the Clut-
terbucks sought out more info,
Summer 2014: Clutterbuck Capital Management (CCM) begins to research soaking in investor presentations
Straight Path Communications (STRP) out of interest in the company’s wave and digging through company filings
spectrum’s potential interface with 5G. for clues about the future of 5G.
Fall 2014: CCM makes first investment in STRP. In fall 2014, the fund took its first
stake in Straight Path.
Jan. 12, 2017: STRP settles a consent decree with the FCC calling for a steep,
That would prove critical in estab-
$100 million fine (only $15 million needed paid with the remainder suspended)
lishing a relationship that set the
and requiring the company to sell its license portfolio in 12 months.
foundation for the debt deal that
Jan. 23, 2017: STRP files a shelf registration with the SEC allowing up to 1.25 Clutterbuck would assemble a few
million shares to be issued to cover costs of its FCC fine. years later as the firm built a strong
Feb. 7, 2017: STRP secures a $17.5 million debt financing with warrants for connection with the company’s se-
stock led by CCM, giving the firm’s partners and investors a major stake in the nior management.
business and setting it up for acquisition. Jan. 12 of this year was a pivotal
moment. That’s when Straight Path
April 10, 2017: AT&T announces an agreement to buy STRP for $95.63 a
settled a consent decree from the
share (stock was $36.48 on April 7).
FCC, which charged the company
April 25, 2017: STRP announces a “superior proposal” from a company that with failing to build out its 5G net-
would later be identified as Verizon Wireless for $104.64 a share. work via 28 GHz and 39 GHz bands it
May 3, 2017: STRP announces a revised offer made for $135.96 a share. had licenses in.
It gets more complicated from
May 8, 2017: STRP announces yet another revised offer for $184 a share. there.
May 11, 2017: Verizon publicly announces a definitive agreement to buy STRP for But to settle the issue, Straight Path
$184 a share. The deal is valued at $3.1 billion and represents a 404% premium was slapped with a $100 million civil
over the $36.48 stock price on April 7, the first business day prior to AT&T’s first bid. penalty — of which it had to pay $15
million up front, the remainder of the
Commission. The industry giants with that end of the industry. cost suspended — and ordered to sell its
want to build up 5G networks to sup- “As time went on, we were getting up license portfolio in the next 12 months.
port the next generation of wireless to speed on 5G and how the rest of the This is where Clutterbuck comes in.
technologies; the “internet of things” wireless revolution would take place,” The company, looking for ways to
won’t function without it. Crane said. “In the beginning, you heard maximize shareholder value, filed a
Clutterbuck learned about Straight very little about this. What we heard was shelf registration statement with the
Path in the summer of 2014 through positive, but it was all years away.” Securities and Exchange Commission
its network of contacts. At the time, The need for 5G was apparent, allowing up to 1.25 million shares to
5G was barely part of the tech lexi- Crane said, but the only chatter be issued. Doing so would raise capi-
con. And the firm’s investors, while about it was coming from the govern- tal to pay its $15 million FCC fine.
intrigued, had very little expertise ment and massive telecommunica- SEE INVESTORS, PAGE 31

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PA G E 4 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

FDA designation ‘really

big deal’ for Athersys
By LYDIA COUTRÉ
7KH0RVW(IILFLHQW5RDG7R3URILWDELOLW\,V:LWK
@LydiaCoutre

Actionable Insights lcoutre@crain.com

As Athersys Inc. moves toward a

Phase 3 clinical trial for its stroke
treatment, the Cleveland-based bio-
tech company has received a federal
designation that CEO Gil Van Bokkel-
en says is a recognition of the thera-
py’s importance.
The U.S. Food & Drug Administra-
tion  awarded Athersys’ clinical pro-
gram for stroke “Fast Track Designa-
tion,” an expedited drug development
%,6ROXWLRQV7KDW:LOO7DNH<RX2Q$ and review program for new drugs or
biologics to treat serious or
Journey With Your Data life-threatening conditions. In the
government’s fiscal year 2016, the
 - FDA granted 132 of these requests.
ZZZYL]LRQVROXWLRQVFRPiLQIR#YL]LRQVROXWLRQVFRP “It’s really a sign that the FDA is try-
ing to support to the fullest extent pos-
sible what we are doing, because they
recognize that we’ve targeted some-
thing that has shown promise and that
is really focused on a serious unmet
medical need,” Van Bokkelen said.
Athersys’ MultiStem is an adult
stem cell therapy for ischemic stroke
patients.
The designation means Athersys’
clinical program for stroke is eligible
MAKE THAT DEAL ON for three main things, Van Bokkelen
said: rolling submission, in which the
Athersys CEO Gil Van Bokkelen says the FDA’s “Fast Track Designation”
is a recognition of the company’s progress. (Contributed photo)
“If you put ally get through that regulatory pro-
cess as quickly and efficiently as
(shortening the possible.”
While shaving off about six months
regulatory process) of the process may seem small, Van
in the context in Bokkelen stresses that it is a “really
big deal.”
terms of the “If you put that in the context in
terms of the number of patients that
number of patients
that we might
we might otherwise be able to help,
six months is actually very import-

THE HORIZON HAPPEN company can submit data as it goes

Purchase and Refinance • Commercial Real Estate
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through the trial; accelerated ap-
proval, making the program eligible
for expedited consideration in cer-
tain respects; and priority review,
which shortens the timeframe of the
review cycle.
In the near term, he said, it allows
Athersys to engage more frequently
with the FDA and “if our data war-
rants it, to then be in a position to re-
otherwise be able
to help, six months
is actually very
important. It’s very
valuable.”
— Gil Van Bokkelen, Athersys CEO
ant,” he said. “It’s very valuable.”
In February 2016, Athersys said
that MultiStem performed well in a
smaller Phase 2 trial involving stroke
patients. Two white papers released
earlier this year laid out the results
from the Phase 2 trial, showing that if
administered within 36 hours after a
stroke has occurred, MultiStem can
help prevent damage from the stroke.
SEE ATHERSYS, PAGE 8

Contact Jonathan A. Mokri

440.526.8700 • jmokri@cbscuso.com • www.cbscuso.com

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E 222nd Street Exit
Youngstown State helps
museum make memories
By RACHEL ABBEY McCAFFERTY
rmccafferty@crain.com
@ramccafferty
The Youngstown Historical Center
of Industry & Labor’s newest pro-
gram isn’t designed to teach people
anything they don’t already know.
It’s designed to help them remember
parts of their past.
The center’s Sparking Memories
project joins a host of programs at
museums across the country aimed
at better serving people with demen-
tia and Alzheimer’s disease.
Youngstown’s Sparking Memories
tours officially started with an event
in April. But the museum’s increasing
focus on partnerships with different
departments at Youngstown State
University may be to thank.
The Youngstown Historical Center
of Industry & Labor is owned by the
Ohio History Connection but has
been managed by Youngstown
State’s history department since
2010, said Marcelle Wilson, site man-
ager for the center and an adjunct
professor at Youngstown State.
Since then, the history department
has leveraged the university’s re-
sources by partnering with different
programs and departments. For in-
stance, Youngstown State’s additive
manufacturing lab made replicas of
tools for the center that people can
actually pick up and touch, Wilson
said. The history center has also been
working with the university’s Rich
Center for Autism, helping students
with autism learn marketable skills
like sorting and filing materials. And
the new Sparking Memories tours
grew out of a partnership with the
university’s gerontology program.
Amy Plant, adjunct faculty in geron-
sociate at Youngstown State, said the
goal of the Sparking Memories tours is
to create conversation rather than fo-
cusing on education. People with de-
mentia may have trouble with short-
term memory loss, Plant said, but they
often retain long-term memories.
Youngstown’s Sparking Memories
tours, available by appointment, will
be limited to three or four exhibits,
which means less walking than the typ-
ical tours. Tour guides will spend a few
“Museums have really
made an effort in the
last decade to be as
well-integrated into
the community as
possible.”
— Dale Hilton, Cleveland Museum
of Art adult and distance
learning department director
minutes talking about an exhibit be-
fore linking it to something in the at-
tendees’ past. For instance, Wilson said
one exhibit that could be included is
on company housing. Attendees may
be asked to imagine what it would be
like to cook for a family of four or six in
the kitchen depicted. Plant said the
tour is designed so that if an exhibit
catches people’s attention, they can
stay there instead of moving on.
The Sparking Memories program
also includes two other programs un-
der its umbrella: Museum in a Suit-
case and the Sparking Memories
Café. Both offer portable collections
that can spark conversation in the
same way as the tour, with the first
on-site at locations such as skilled
nursing facilities and the latter at the
history center.
The program will give people with
dementia or Alzheimer’s the chance
to share memories or experiences,
without corrections, even if they don’t
get all the details right, Wilson said.
This isn’t a new concept, as muse-
ums, notably New York’s Museum of
Modern Art, have been running sim-
ilar ones for years.
Accessibility isn’t just about mak-
ing museums accessible to people
with physical disabilities anymore;
there’s more of a focus on cognitive
disabilities, said Beth Ziebarth, direc-
tor of the Smithsonian Institution Ac-
cessibility Program. People with Alz-
heimer’s and dementia are a growing
part of the population, Ziebarth said,
and it’s part of museums’ social re-
sponsibility to make their programs
available to a wide group of people.
That kind of accessibility to art and
the removal of barriers has been a focus
in recent years, said Dale Hilton, depart-
ment director for adult and distance
learning at the Cleveland Museum of
Art. Making sure art is available to the
community has also been a priority.
“Museums have really made an ef-
fort in the last decade to be as well-in-
tegrated into the community as pos-
sible,” Hilton said.
The Cleveland museum’s Art in the
Afternoon program for people with
memory loss started about seven
years ago and was created in partner-
ship with the Cleveland Clinic and
the local Alzheimer’s Association,
said Trina Prufer, a docent for the
program. The tours, like those in
Youngstown, focus on a limited num-
ber of exhibits.
SEE MUSEUM, PAGE 31

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Case gives youth league priceless support

By KEVIN KLEPS
kkleps@crain.com
@KevinKleps
Virgil Pittman Jr. played in the
B-Buzz Baseball League when it was
revived in 1969.
Now, two years after the youth
baseball league in Cleveland’s Lee-
Miles neighborhood went through
yet another restart — after more than
30 years of being dormant — Pittman
is part of a group trying to keep it
afloat.
The B-Buzz Baseball League, which
plays its games at Kerruish Park in
southeast Cleveland, recently got a
major assist from a pair of Case West-
ern Reserve University law students.
“I couldn’t put a price tag on it,”
Pittman, B-Buzz’s president, said of
the work of Mia Ulery and James
Walsh, who graduated from the
CWRU School of Law earlier this
month.
Last summer, Ulery and Walsh be-
gan working with B-Buzz in an effort
to establish the league as a 501(c)(3)
nonprofit — a designation that, in
theory, would help the league raise
money from donors.
The pair of third-year law students
were able to do the necessary leg-
work free of charge via Case’s Com-
munity Development Clinic. The
clinic, one of six at the law school,
gives students the chance to work on
cases full-time for a semester or part-
time for two semesters.
Ulery and Walsh went the latter
route with B-Buzz, spending what Ul-
ery estimates as about seven to eight
hours per week to help B-Buzz estab-
lish a board of directors, inform the
board of their duties and put together
the league’s 501(c)(3) application.
Case professor Matt Rossman,
who heads the Community Develop-
ment Clinic, said the nonprofit desig-
Case Western Reserve University law students Mia Ulery and James
Walsh, right, helped the B-Buzz Baseball League earn 501(c)(3) status.
At center is B-Buzz chairman Wendell Fields. (Contributed photo)
nation was approved in a span of two Making ‘lifelong friends’
weeks, “which I think is indicative it
was a well-prepared application.” Pittman, who retired in 2014 after
Walsh found out via an email from 33 years with the Cleveland fire de-
Rossman on May 5 — his 29th birth- partment, has coached in the B-Buzz
day. He graduated 16 days later. Baseball League in each of the last
“I told Matt it was the best birthday two years. (The league’s name origi-
present I could have received,” Walsh nates from a beekeeper who, accord-
said. ing to local lore, founded B-Buzz in
the late 1950s.)
“It lets (young people) When the league was restarted in
know there are things 2015, Pittman said it had only two
teams, comprised of boys and girls
out there other than ages 8 to 13. Now that the league can
start accepting donations — none
just sitting in front of had come in as of May 24, Pittman
a TV or joining a gang. said — the league president is hope-
ful fundraising and promotional ef-
There’s so much out forts will help it recruit young base-
there that can propel ball players. That has proven to be
difficult for B-Buzz, which in its hey-
you in life.” day had almost 300 players and
boasts the likes of Desmond How-
— Virgil Pittman Jr., ard, Brad Sellers and Zack Reed as
B-Buzz Baseball League president alumni.
“They want to play football or bas-
ketball,” Pittman said of kids in the
Lee-Miles neighborhood. “That’s
what they want to do. I mean, it’s
hard. We haven’t given up. We’re still
trying.”
Ideally, the league would grow to
four teams this year, Pittman said.
Doing so would allow the 8-13 age
group to be split, eliminating the five-
year gap between some participants.
The league hopes to start a two-
month season in June, though Pitt-
man said the signups are “going real
slow right now.”
The retired fire department cap-
tain believes bringing the league
back to its glory days is important for
the neighborhood in which he grew
up.
“It means helping to build up our
community, and it’s another avenue
to be a mentor for the youth in the
neighborhood,” Pittman said. “We
have a lot of youth in the neighbor-
hood who still don’t know each oth-
er. When I was growing up, you knew
everyone in the neighborhood.
“I established lifelong friends,” he
added. “It lets them know there are
things out there other than just sit-
ting in front of a TV or joining a gang.
There’s so much out there that can
propel you in life.”
Waiting for the first pitch
Walsh grew up on the city’s West
Side. As “a big Cleveland guy” and a
huge Indians fan, he said the B-Buzz
case was right in his wheelhouse.
He said there were hangups along
the way — the most prominent of
which was that B-Buzz had already
registered with the state as an unin-
corporated association.
“We kind of had to unravel all that
and make a few judgment calls on
what type of filings to make with the
IRS in order to gain tax-exempt sta-
tus, and what the league would have
in terms of resources and those types
of things,” Walsh said.
Ultimately, though, their case was
a winner.
“We see the determination letter
from the IRS as the icing on the
cake,” said Ulery, a Conneaut native
who grew up in San Francisco and
relocated to Northeast Ohio in
2012.
Rossman said B-Buzz will remain a
client of the law school’s “until we
finish any additional legal duties.”
The work, however, would be done
by different students, since Ulery and
Walsh have graduated.
Both are studying for the state bar
exam, which they’ll take in late July.
After that, they’ll get a much-needed
month off before starting full-time
positions at prominent Cleveland
firms — Ulery at Frantz Ward LLP
and Walsh at Benesch.
Still, they remain interested ob-
servers of the youth league.
“We got our B-Buzz T-shirts and
talked about going to opening day,”
Ulery said.
Walsh, meanwhile, is looking for
more.
“I was hoping they’d have me
throw out the first pitch, but I hav-
en’t heard anything,” he said with a
laugh.
As for Pittman, whose early orga-
nizational efforts were strongly aided
by Wendell Fields, another B-Buzz
alum, he said he’s praying the neigh-
borhood gets to experience what he
did as a child.
“I started playing (baseball) at 8 or
9 years old,” Pittman said. “What I got
out of it is so rewarding. Not only for
the youth, but the parents, too. They
got to know each other by participat-
ing in the league. Back then, the com-
munity was tight. Nowadays, some
people don’t speak to their own
neighbors.”

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ATHERSYS
CONTINUED FROM PAGE 4
At the time, Van Bokkelen said
that the company was steadily tick-
ing off important milestones “and
now we’re in the home stretch,” he
said. “And that’s pretty exciting, be-
cause in the not terribly far off fu-
ture, we might be in the position to
have developed a new therapy for
stroke.”
Dr. Ken Uchino, research director
at the Cleveland Clinic’s Cerebrovas-
cular Center, participated in the
Phase 2 trial. He noted that a large
Healios K.K., Athersys’ partner in Ja-
pan, gears up for patient enrollment
of its 220-patient study.
By the end of the year, Athersys
plans to launch a 300-patient Phase 3
trial in the United States and Canada,
as well as in the European Union and
in the United Kingdom. This sum-
mer, the company is focused on en-
suring regulatory alignment with Eu-
ropean regulators.
Last fall, Athersys’ design of its
planned Phase 3 clinical trial re-
ceived FDA approval under what’s
called a “Special Protocol Assess-
ment.”

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The Middlefield Little presented with a “moder-
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“It’s not 100%,” Little said, “but it’s
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Uchino notes that cannot draw a
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The FDA designation comes as
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The fast track designation is a posi-
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Athersys is in partnership discus-
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things that are pointing in the right
direction for potential partners,” he
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Region’s April employment is up slightly
NEO, however, is 66 cents behind U.S. norm for hourly pay; ‘having fewer people’ contributes to slow pace
By JAY MILLER
jmiller@crain.com
@millerjh
The Northeast Ohio region added
1,226 private-sector jobs between
March and April, with a gain of 1,872
service sectors jobs offsetting a loss
of 656 goods-producing jobs, as
tracked by the Ahola Crain’s Employ-
ment (ACE) Report.
Total private sector, seasonally ad-
justed employment in the sev-
en-county Cleveland-Akron metro-
politan area hit 1,177,449, a 0.3% gain
over 1,174,071 in April 2016.
The regional jobs number has
bobbed up and down in recent
months, but Jack Kleinhenz, the
Cleveland Heights economist who
created the ACE Report model, is op-
timistic after what had been a weak
first quarter.
“The recent consumer sentiment,
employment and retail sales reports
are positive signs that the weak mo-
mentum in the first quarter should
prove to be transitory,” Kleinhenz
said. “April’s seasonally adjusted pro-
jection of 1,177,449 indicates a pick-
up in economic activity. This month’s
Boston private equity
firm buys PartsSource
By SCOTT SUTTELL
ssuttell@crain.com
@ssuttell
PartsSource, a fast-growing medi-
cal parts supplier based in Aurora,
has been acquired by Boston private
equity firm Great Hill Partners.
Financial terms of the deal were
not disclosed. In a news release,
PartsSource said the acquisition will
allow it to “accelerate its sales and
marketing investments and further
position the company to execute on
its growth plan.”
Sellers in the transaction include
PartsSource founder A. Ray Dalton,
Polaris Partners and Primus Capital
Funds.
Dalton, who founded PartsSou-
rce in 2001, stepped down as CEO
in February 2014. He was succeed-
ed in the CEO role by Dr. Philip Set-
timi, who will remain with Parts-
Source following the Great Hill
acquisition.
Settimi wasn’t available for an in-
terview last week. In response to
questions emailed by Crain’s, Mark
Taber, a managing partner at Great
Hill, said sales and marketing invest-
ments at PartsSource “will include
hiring new employees, in Ohio and
elsewhere, to accelerate the compa-
ny’s growth. We believe these initia-
tives will drive overall employee
growth throughout the company.”
A key to the company’s leadership
position in the market is PartsSou-
rce’s e-commerce technology,
which automates the procurement
Correction
A May 22, Page 40 story about a lawsuit filed against FirstEnergy Solutions
incorrectly described the status of a similar, previously filed suit. In 2014, a
group of companies that included Lincoln Electric Co., Marathon Petroleum
Co. in Canton and the Greater Cleveland Regional Transit Authority sued
FirstEnergy for passing along polar vortex-related charges. That court case is
still pending.
The ACE Report
AHOLA. CRAIN’S. EMPLOYMENT
Crain’s Cleveland Business has partnered with The Ahola
Corp., a payroll and human capital management firm in
Brecksville, and local economist Jack Kleinhenz to provide
monthly data — and clarity — about a key factor in business decisionmaking:
the size of Northeast Ohio’s workforce.
Seasonally adjusted employment numbers, Northeast Ohio
NOVEMBER: 1,165,459
DECEMBER: 1,165,080
JANUARY: 1,173,913
FEBRUARY: 1,176,517
MARCH: 1,176,223
APRIL: 1,177,449
1,155,000 1,160,000 1,165,000
regional labor market appears to be
consistent with several reported na-
tional indices.”
The U.S. job market grew in April
by 211,000, according to the U.S. Bu-
reau of Labor Statistics. The uptick
process of medical parts and, Taber
said, “has disrupted a workflow that
has historically been offline, allow-
ing providers to maintain their facil-
ities efficiently and more cost effec-
tively.”
Taber said Settimi and the team at
PartsSource “developed an innova-
tive approach to serving hospitals,
allowing those providers to procure
parts and supplies more efficiently
and with significant cost savings. We
believe this effort can be greatly ex-
panded.”
PartsSource said in the news re-
lease that it “facilitates more than 1.5
million transactions annually by
connecting thousands of suppliers
and OEMs to over 3,300 hospitals
worldwide.” The release did not dis-
close annual sales or its number of
employees. Taber also would not dis-
close those numbers.
Dalton said in the release that he
was “proud of the team that has
contributed to PartsSource’s emer-
gence as the leading procurement
solution for the health care indus-
try, and (I) believe we have found
the right partner in Great Hill to
build on its accomplishments to
date.”
PartsSource will join Great Hill’s
portfolio of health care companies
that includes Qualifacts, RxBenefits
and PlanSource.
As part of the transaction, Taber
and Great Hill’s Rafael Cofiño and
Cheng Li will join the PartsSource
board with Settimi. Other members
“may be added in the near future,”
Taber said in his email.
CRAIN’S CLEVELAND BUSINESS
education services.
Those sectors have been key con-
tributors in Northeast Ohio’s job
growth.
Long term, the health and educa-
tion, and leisure and hospitality, sec-
tors added 48,800 jobs between 2007
and 2016. Of that total, 37,600 were in
health and education services, and
11,200 were in leisure and hospitality
fields.
Those gains, however, have been
offset by losses in manufacturing and
public sector jobs. The impact of the
loss of 29,000 manufacturing jobs be-
tween 2007 and 2016 is well-known,
but the loss of 10,300 government
jobs, has not been as closely exam-
ined. Those losses have had a signifi-
cant impact on the economy.
“Having 10,000 fewer people
working in Northeast Ohio commu-
nities contributes to our slower
overall economic growth,” said Amy
1,170,000 1,175,000 Hanauer, executive director of Poli-
cy Matters Ohio, a Cleveland think
was driven largely by gains in low- tank that tracks labor markets, in an
er-paying jobs in the hospitality, lei- email.
sure and health care fields. The BLS “But it’s also why people in Greater
reported an increase of 55,000 jobs Cleveland, compared to many other
nationally in the leisure and hospital- similar cities, might have to wait lon-
ity sector, and 41,000 in health and ger for a preschool slot, a treatment
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bed or a bus route,” Hanauer said in
the email. “It’s why we have higher
college costs, more potholes, and
among the lowest state support for
children’s services.”
Hanauer wrote that she believed
most of those lost government jobs
have come at the local level — a re-
sult of Ohio Gov. John Kasich’s deci-
sion to severely cut state support to
local government.
Despite the growth in employment
in the last year, the region still lags
the country in wages. Average hourly
wages in the Cleveland area lagged
the national pay level by 66 cents an
hour, according to BLS latest occupa-
tional employment statistics. Local
pay was $23.20, compared with
$23.86 nationally.
Some local jobs, though, tracked
above the national average.
Local carpenters averaged $26.22
an hour, against the national average
of $23.24. Similarly, customer service
representatives here were paid an av-
erage of $17.52 an hour versus $16.91
an hour nationally.
At the other end, local computer
systems analysts were earning $37.83
an hour, compared with $44.05 na-
tionally.
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PA G E 10 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS
Opinion
Editorial
Trudging along
Almost four years after the ribbon was cut, Cuyahoga County
still isn’t quite sure what it has with the Global Center for Health
Innovation, or as it was originally conceived, the medical mart,
in downtown Cleveland.
The Global Center, of course, is only a piece of the hulking
$465 million taxpayer-paid complex that also houses the
Huntington Convention Center and the Hilton Cleveland
Hotel — and the latter two have seen some success and were
crucial to Cleveland’s securing of the Republican National
Convention.
Still, the Global Center’s performance, despite some true
wins (the HIMSS Innovation Center, in particular), continues to
underwhelm, as Crain’s reporter Jay Miller outlined in a Page
One story last week. Not for lack of trying, major real estate on
two of the center’s three tenant floors still remains vacant.
The idea for a so-called medical mart had simmered for de-
cades and got a significant push locally in the mid-2000s from
Cleveland Clinic CEO Dr. Toby Cosgrove, with the idea being to
create a destination to showcase and sell the latest and greatest
in health care wares. Since its opening, though, the center’s po-
sitioning — and the people who run it — has been about as
consistent as Cleveland’s weather.
But now it appears the Cuyahoga County Convention Facili-
ties Development Corp. (CCCFDC), the quasi-public nonprofit
overseeing the convention center and Global Center complex,
is trying to make the best of what many agree was a poorly
cooked idea.
George Hillow, executive director of the CCCFDC, told
Crain’s he believes in the center’s mission, but he’s being realis-
tic about the whole thing.
Already, Hillow has attracted a Starbucks that will open in a
few months and is expanding the Au Bon Pain cafe, doubling its
space. He also has wooed a United Parcel Service store to take
what had been Au Bon Pain’s smaller space. All three will have
entrances on St. Clair Avenue — something that is expected to
make the Global Center’s sprawling and often deserted atrium
Publisher and Editor: Elizabeth McIntyre (emcintyre@crain.com)
Managing Editor:
Sections Editor:
CLEVELAND BUSINESS
CLEVELAND BUSINESS Contact Crain’s:
a little more lively.
Hillow’s other considerations include creating a co-working
space in the building to attract work-at-home or traveling
health care professionals. Vacant space on the second floor of
the Global Center too could be converted into meeting rooms
that can be rented by the hotel and by large conventions.
Are these groundbreaking ideas? Hardly. But they are realis-
tic, unlike the Global Center’s original intention.
The whole medical mart concept was a shot in the dark.
While Cleveland moved forward, other cities apparently saw
the light. Developers in New York City and Nashville, for in-
stance, nixed their medical mart plans before putting their
shovels to earth.
However, as the cliché goes, hindsight in 20/20. So while we
believe the Global Center had no chance of ever really living up
to its expectations, it’s heartening to see its leaders talk in more
pragmatic terms to make this facility work for the county and
— most importantly — the taxpayers that help fund it.
Credit is due
Crain’s reporter Stan Bullard recently took an enterprising
look at how federal historic tax credits and, more recently, state
historic preservation tax credits have helped fuel downtown
Cleveland’s revival.
A study by the National Park Service showed Ohio topped the
nation for such projects in the 2015-2016 federal spending year
with 103 projects, an investment totaling $365 million.
Of those, 10 projects are in Cleveland, and they totaled $128
million.
While downtown has seen its fair share of new structures —
some more appealing than others (see above) — it’s good to
know our region’s developers, architects and civic leaders con-
tinue to rely on Cleveland’s storied and gritty history for inspi-
ration.
Write us: Crain’s welcomes responses from readers. Letters should be as brief as possible and
may be edited. Send letters to Crain’s Cleveland Business, 700 West St. Clair Ave., Suite 310,
Scott Suttell (ssuttell@crain.com) Cleveland, OH 44113, or by emailing letters@crain.com. Please include your complete name
and city from which you are writing, and a telephone number for fact-checking purposes.
Timothy Magaw (tmagaw@crain.com)
Sound off: Send a Personal View for the opinion page to emcintyre@crain.com.
216-522-1383 Please include a telephone number for verification purposes.
Personal View
Keep investing
in charters that
sustain results
By BERNIE MORENO
As a business owner in Cleveland as well as other cities, I
spend a lot of time thinking about return on investment (ROI).
It’s a financial term that when used in public education can
make some people feel uncomfortable. Students and teachers
are not units or widgets, and running schools is not a business
— or so the thinking goes. Many would argue that the education-
al process of expanding a child’s mind and equipping them for a
lifelong love of learning simply can’t be reduced to numbers.
I agree that teaching is an art form, that children are unique,
and that K-12 public education — as a public good — cannot
and should not be reduced to balance sheets alone. Yet we see
the results of a poor education very much in terms of numbers.
These are cold, hard facts that we must contend with and
eventually pay for. Low percentages of students who can’t read
or do math at grade level lead to
high dropout rates, which give way A 2016 labor
to discouraging numbers on un-
employment and crime, a swelling market
prison population, and an ultimate analysis of
breakdown of healthy communi-
ties. The cost of all this is emotion- Cleveland and
al, physical and, yes, economic. Cuyahoga
Recognizing these trends and
patterns is partly what motivates County shows
me to volunteer for Breakthrough
Schools, a nonprofit network of
that just 15%
public charter schools in Cleve- of residents in
land serving 3,400 students in 11
schools in some of our city’s the city of
neediest areas. Nearly all Break- Cleveland have
through students are students of
color, and eight of 10 are low-in- a bachelor’s
come. degree or
Despite the challenges they
bring with them to school each higher — half
day, including many coming to the rate of
school several years behind, its
schools are in the top third of all Cuyahoga
schools in the city for academic County.
performance. Breakthrough is
ranked among the best charter
networks in the state and is doing its part to change lives and
get many first-generation students equipped for high school
and college. This also has the long-term benefit of helping to
revitalize neighborhoods and to prepare young people to con-
tribute meaningfully to our local workforce.
An increasing number of jobs require postsecondary educa-
tion, and Cleveland lags the surrounding region on these met-
rics. A 2016 labor market analysis of Cleveland and Cuyahoga
County shows that just 15% of residents in the city of Cleveland
have a bachelor’s degree or higher — half the rate of Cuyahoga
County. Meanwhile, nearly four in 10 Cleveland residents live
at or below the federal poverty line.
To escape poverty, Cleveland families need access to de-
cent-paying jobs. Access to those jobs is made possible through
a postsecondary education or meaningful workforce training
— both of which rely on a high-quality K-12 education. Break-
through is providing that education, offering hope to families
that their students may reach greater heights one day.
This is a dream that all parents, rich or poor, have for their
children.
SEE MORENO, PAGE 11

Web Talk
Re: Future of Global
Center for Health
Innovation
This project was a “build it
and we will figure out what
to do with it” endeavor.
Rather than identify what it
would be used for that
would be sustainable, we
forced the issue and hoped
that somehow it would be
OK. This project will
continue to be a drain
on the county.
— 172684
(A major problem is) you
have county people with no
experience in health care
running it. There are so many
companies that would bring
great outcomes to the
center if they didn't have to
go through the red tape of
the county. We need to look
at who sits on the board and
what their experience is in
health care. Just because
you are a name in the city
does not make you the right
fit for this center. ...
We need to have more
private investment and input
into running the Global
Center.
— Wendy Fitos
Corporate College® provides professional training and development
customized for your organization.
ORGANIZATIONAL DEVELOPMENT
TRAINING SOLUTIONS
• Business Communication
• Change Management
• Customer/Patient Experience
corporatecollege.com
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CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 11
MORENO
CONTINUED FROM PAGE 10
Despite their schools’ impressive scores and high parental satisfaction
rates, their charter schools as well as all Ohio charter schools receive, on
average, two-thirds as much funding as traditional public schools. This
means that Breakthrough has to raise significant private capital in order
to fill the gap and provide the quality of education their students deserve.
As a donor, I see this firsthand and can say that such a funding model is
not only unfair, it is unsustainable.
While some politicians or opponents of change like to suggest charter
schools like Breakthrough’s are “draining” funds from traditional dis-
tricts, they forget that those educational dollars don’t belong to institu-
tions. They belong to children. From a business point of view, we should
be investing in what’s working.
Two years ago, the Ohio Legislature did just that when it created a com-
petitive grant fund for high-performing charter schools to purchase or
remodel school facilities. The $25 million fund had rigorous parameters
and ended up providing much-needed support to Ohio’s best charters,
like Breakthrough, which won $6.5 million to continue growing and ex- Cains Ad 30/3/17 15:34 Page 1
panding. The Ohio House of Representatives did the right thing recently
when it made funds left over from that grant cycle available to great
schools again.
But they should take it a step further and reinstate the grant program PERFECT GIFTS FOR CORPORATE
for this budget cycle as well. Breakthrough aims to serve almost 5,000 stu- CLIENTS AND ALL OCCASIONS
dents at full capacity. Although strong partnerships with the Cleveland
Metropolitan School District have eased the burden slightly, making it Cleveland’s freshest fruits, gourmet
easier for Breakthrough to access some public school buildings, there are food gifts, finest steaks …and more!
many additional costs involved. Charter schools in Ohio have to dip into
already-limited operations funding in order to purchase or renovate facil-
ities — a challenge traditional schools never have to face. “We’re a
The Ohio Legislature should continue to recognize and reward excel- little bit
lence, and make it easier for those with a track record of great perfor-
mance to continue their good work. Continuing the competitive facilities
fancy!”
grant program is one such way to get a solid return on investment. Break-
through is accomplishing results for kids that so few are able to achieve,
setting them up for success in high school, college and eventually the
workforce. Shouldn’t we recognize what’s working and invest our public
dollars accordingly?
Moreno is president and founder of the Bernie Moreno Cos. chain
of auto dealerships.
Maura O’Hara Kehoe, President
www.connectedgourmet.com
Corporate 216-319-0087
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 Who’s Who

Congratulations to
Virginia Addicott on
being named to
Who’s Who in
Northeast Ohio.

customcritical.fedex.com

© 2017 FedEx

FOCUS
F
rom CEOs and politicians to philanthro-
pists and entrepreneurs, Crain’s Who’s
Who list is just a snapshot of those making
an impact on Northeast Ohio. There were no
specific criteria used, but our editorial team hud-
dled and determined which leaders we thought
every person doing business in the region should
know. Special consideration was given to those
who go well beyond their official roles to make
the region a better place to live and do business.
WHO’S
WHO
IN NEO
1. David T. Abbott
Executive director, The George Gund Foundation
Highlighted involvement: The Fund For
Our Economic Future, Team NEO
In the news: The George Gund Founda-
tion remains one of the region’s powerful
foundations, doling out significant funding
for the arts, education, economic develop-
ment and human services. Late last year, the
foundation won the Ruth Ratner Miller
Award from the Downtown Cleveland Alliance for its substan-
tial support of downtown’s improvement efforts.
2. Virginia C. Addicott
President and CEO, FedEx Custom Critical
Highlighted involvement: Kent State
University, Akron Children’s Hospital,
Akron Community Foundation
In the news: Addicott joined FedEx Custom
Critical in 1986 and rose through ranks,
taking on the top role in 2007. She has since
become one of the most active and philan-
thropic leaders in Northeast Ohio, and, in
particular, a champion for women in the business world.
3. Craig Arnold
Chairman and CEO, Eaton Corp.
Highlighted involvement: University
Hospitals, Greater Cleveland Partnership,
United Way of Greater Cleveland
In the news: About a year ago, Arnold
succeeded Sandy Cutler as CEO of the
diversified power management company.
Arnold is the only African-American CEO of
a Northeast Ohio public company, and a
large one at that. With a market capitalization of more than $30
billion, Eaton is the largest company in the region.
4. Jodi Berg
President and CEO, Vitamix Corp.
Highlighted involvement: Greater
Cleveland Partnership, Team NEO, YPO
Gold
In the news: Berg is the great-granddaugh-
ter of Vitamix founder William G. “Papa”
Barnard and has been credited with leading
the maker of high-performance blender’s
expansion into international markets. The
last few years have proven to be particularly fruitful for the
company because of the increased interest in healthy foods and
wellness.
CRAIN’S CLEVELAND BUSINESS
5. Ronald M. Berkman
President, Cleveland State University
Highlighted involvement: Greater
Cleveland Partnership, Playhouse Square,
Downtown Cleveland Alliance
In the news: Since Berkman arrived in
2009, Cleveland State has seen a growth in
enrollment and the expansion of several of
its academic offerings. Most recently, the
university announced the creation of a film
school, which will be housed on the sixth floor of the Idea
Center studio in Playhouse Square, following a partnership
with ideastream.
6. Julie A. Boland
Managing partner, Cleveland, Ernst & Young
Highlighted involvement: Achievement
Centers for Children, Greater Cleveland
Partnership, United Way of Greater
Cleveland
In the news: Boland became the first
female managing partner of Ernst & Young’s
Cleveland office in 2014. The company is by
far the region’s largest accounting firm, as it
employs about 1,300 professionals in the Cleveland market,
including roughly 300 CPAs.
7. Dr. Akram Boutros
President and CEO, The MetroHealth System
Highlighted involvement: Greater
Cleveland Food Bank, Greater Cleveland
Partnership, United Way of Greater
Cleveland
In the news: Boutros has been credited
with the financial and operational overhaul
at MetroHealth since he joined in 2013, and
now he’s setting his sights on the health
system’s physical transformation at a cost of about $1 billion.
The wide-ranging physical transformation will include the
construction of a new 12-story, 270-bed hospital to replace the
system’s aging patient towers.
8. Sherrod Brown
U.S. Senate, Ohio, Democrat
Highlighted involvement: Senate
Banking, House and Urban Affairs
Committee; Veterans’ Affairs and Finance
committees
In the news: Brown emerged as a vocal
critic of the Trump administration, particu-
larly when it comes to urging the president
to keep his promises concerning trade and
infrastructure. He’s also expressed frustration over Trump back-
ing off his promise to declare China as a currency manipulator.
9. Armond Budish
County executive, Cuyahoga County
Highlighted involvement: Northeast
Ohio Areawide Coordinating Agency,
County Commissioners Association of Ohio,
Early Childhood Partnership Council
In the news: In his recent state of the
county address, Budish said his adminis-
tration has saved taxpayers $100 million
and that he expects to add $150 million in
savings over the next five years. Also, Budish has defended at
length the county’s role in helping to finance the $140 million
upgrade of Quicken Loans Arena.
10. Joseph A. Calabrese
President and CEO, Greater Cleveland Regional Transit Authority
Highlighted involvement: American
Public Transportation Association, North-
east Ohio Areawide Coordinating Agency,
Downtown Cleveland Improvement Inc.
In the news: RTA, under Calabrese’s
leadership, had a very public spat with
Cleveland Mayor Frank Jackson over
whether buses should be routed through
the newly renovated Public Square. The mayor had argued, to
no avail, a closure was a requirement for public safety, though
RTA said the closure would have caused operational and
financial problems.
| M AY 2 9 - J U N E 4 , 2 017 | PA G E 13
11. Rick Chiricosta
President and CEO, Medical Mutual of Ohio
Highlighted involvement: Cuyahoga
Community College Foundation, Greater
Cleveland Partnership, United Way of
Greater Cleveland
In the news: Last year, Medical Mutual of
Ohio acquired the group and individual
insurance business of HealthSpan Partners.
The move strengthened Medical Mutual’s
position as the largest health insurer in the market.
12. Paul Clark
Regional president, Cleveland, PNC Bank
Highlighted involvement: Musical Arts
Association, University Circle Inc., University
Hospitals
In the news: After a four-decade stint in the
region’s banking sector and deep involvement
in its civic circles, Clark is one of the most
recognizable businessmen. PNC, meanwhile,
is one of four banks involved in Mayor Frank
Jackson’s $65 million neighborhood investment program.
13. William Considine
President and CEO, Akron Children’s Hospital
Highlighted involvement: John S. and
James L. Knight Foundation, Ohio Children’s
Hospital Association, Greater Akron Chamber
In the news: Considine is one of the
longest-tenured hospital CEOs in the country.
As for the hospital, it’s in the midst of an
ongoing construction project that will add
230,000 square feet to its Considine Profes-
sional Building, an $84 million project.
14. Dr. Delos “Toby” Cosgrove
President and CEO, Cleveland Clinic
Highlighted involvement: Cuyahoga
Community College, Greater Cleveland
Partnership, BDT Capital Partners
In the news: Once again, Cosgrove was a
leading contender to take over the U.S.
Department of Veterans Affairs, but he
ultimately pulled his name out of the running.
Cosgrove announced in May that after 13
years he would transition out of his role at the Clinic later this year.
15. Edward F. Crawford
Chairman and CEO, Park-Ohio Holdings Corp.
Highlighted involvement: n/a
In the news: As the Republican party’s
finance chairman in Ohio, Crawford led the
state effort to raise money to elect Donald
Trump president. He also was part of the
Ohio delegation at the Republican National
Convention in Cleveland.
16. Fred Cummings
President, Elizabeth Park Capital Management
Highlighted involvement: Laurel
School, The Marshall Project
In the news: Every one in the local
investment community knows Cummings
— and if they don’t, they should. Elizabeth
Park Capital, named after the north Akron
neighborhood in which Cummings grew up,
is a single-strategy hedge fund launched in
2008 that has been particularly successful.
17. Jenniffer D. Deckard
President and CEO, Fairmount Santrol
Highlighted involvement: Cleveland
Foundation, RPM International, The
EDWINS Foundation
In the news: The fracking industry seems to
be having a bit of a rebound, which is good
news for Fairmount Santrol. Also, Deckard
and her husband, Daryl, have backed a
program at Cleveland State that provides
educational opportunities for people aging out of foster care.
PA G E 14 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS
Who’s Who in Northeast Ohio
18. Paul Dolan
Part owner, chairman and CEO, Cleveland Indians
Highlighted involvement:
Cleveland Clinic, Greater Cleveland
Partnership, United Way of Greater
Cleveland
In the news: Last year was a busy
one for the Cleveland Indians, as the
Dolan family sold a minority stake of
the enterprise to John Sherman, a
Kansas City entrepreneur, which resulted in a welcome
cash infusion for the team. Also, shortly after the Indians’
first World Series berth since 1997, the Tribe learned it
would host the 2019 MLB All-Star Game.
19. Art J. Falco
President and CEO, Playhouse Square
Highlighted involvement:
Destination Cleveland, Downtown
Cleveland Alliance, Playhouse
Square District Development
Corp.
In the news: Last year, Playhouse
Square polished off a more than $5
million renovation of its historic
Ohio Theatre lobby, built in 1921 and destroyed by a
fire in the 1960s. The project is one of many being
funded through a $100 million fundraising campaign
launched publicly in 2014.
Congratulations to Bill Considine.
Thank you for making our kids and our
community your priority.
AKRONCHILDRENS.ORG
20. Umberto P. Fedeli
CEO, The Fedeli Group
Highlighted involvement:
Cleveland Clinic, Northern Ohio
Italian American Foundation
In the news: After more than
35 years in the insurance brokerage
and consulting business, Fedeli
earlier this year handed over the
president portion of his title to
Fedeli Group newcomer Scott Wick. The move,
Fedeli said, allows him to spend more time with
clients and work on other strategies and
investments.
21. José C. Feliciano Sr.
Chair, The Hispanic Roundtable
Highlighted involvement:
Greater Cleveland Partnership,
Cleveland Clinic, Commission on
Economic Inclusion
In the news: Feliciano, who retired
recently from BakerHostetler,
continues to lead the Hispanic
Roundtable, which is designed to
empower the Hispanic community. Thousands attended
last fall’s Convención Hispana, which the organization
hosts every three years, to voice their thoughts on the
need for social change.
22. William D. Friedman
President and CEO, Cleveland-Cuyahoga County Port Authority
Highlighted involvement: American Great Lakes
Ports Association, Lake Erie Energy Development Corp.,
Green Marine
In the news: Last year was not a banner year for
shipping through the docks along Lake Erie and the
Cuyahoga River, but that trend mirrored the shipping
industry as a whole. As for the Port, it recently
announced it would spend $6 million in federal dollars
to rehabilitate structurally deficient bulkheads at the Cleveland Bulk
Terminal.
23. Marcia Fudge
U.S. House of Representatives, 11th district, Democrat
Highlighted involvement: House Committee on
Agriculture, House Committee on Education and the
Workforce
In the news: Fudge, like the other Democratic members
of the Ohio delegation, has emerged as a fierce critic of
the Trump administration. On the local level, she came
out in favor of the plan to overhaul Quicken Loans Arena
at a cost of $140 million — a project that will be split
between the Cavs and taxpayers.
24. Karen Gahl-Mills
CEO and executive director, Cuyahoga Arts & Culture
Highlighted involvement: Cleveland Neighborhood
Progress, Destination Cleveland, United States Urban Arts
Federation
In the news: Gahl-Mills remains one of the most
powerful figures in the arts community, as the political
subdivision she leads distributes cigarette tax revenue
through grants to local arts organization. The organiza-
tion is trudging through some high-profile strategy work
to decide how it should tweak its grantmaking strategy to have the greatest
and most equitable impact.
25. Fred and Greg Geis
Geis Cos., Hemingway Development
Highlighted involvement:
(Fred) Geis Foundation, Destination
Cleveland, Global Cleveland;
(Greg), n/a
In the news: The Geis brothers are
two of the recognizable real estate
developers in town. One of their
most notable projects as of late is the
Fred Geis Greg Geis restoration of the Ameritrust
complex that now houses The 9. Last
year, The Plain Dealer reported, the Geis brothers amicably restructured the
ownership of Geis Cos. Fred sold his stake to Greg, and Greg gave up his
position in Hemingway Development.
26. Jay A. Gershen
President, Northeast Ohio Medical University
Highlighted involvement: Greater Akron Chamber,
Canton Regional Chamber of Commerce, Northeast Ohio
Council on Higher Education
In the news: Gershen is leading a medical school that in
May 2016 launched its fifth area of research focus:
Neurodegenerative Diseases and Aging. The focus group
initially will study Alzheimer’s, Parkinson’s disease and
glaucoma. His seven-year tenure at NEOMED is high-
lighted by a $166 million campus expansion.
27. Dan Gilbert
Majority owner, Cleveland Cavaliers; founder and chairman, Quicken Loans
and Rock Ventures LLC
Highlighted involvement: Cleveland Clinic,
Children’s Hospital Foundation, Children’s Tumor
Foundation
In the news: In 2015-16, when Gilbert’s Cavaliers
snapped the city’s 52-year drought without a major pro
sports championship, he funded a payroll of more than
$160 million, including $54 million in luxury taxes.
Gilbert’s tax bill for the 2016-17 Cavs is in line to be
about half that, but Cleveland again had the league’s largest payroll
(almost $127 million before taxes) — and again the Cavs are poised for an
NBA Finals run.
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 15

Who’s Who in Northeast Ohio

28. David Gilbert
President and CEO, Destination Cleveland, Greater Cleveland Sports Commission

Highlighted involvement: Rock and Roll Hall of Fame,

Greater Cleveland Film Commission, International
Children’s Games

In the news: Gilbert did double (triple?) duty leading up

to and during the 2016 Republican National Convention,
serving as the president and CEO of the Cleveland 2016
Host Committee. The city was lauded as a terrific host,
and Gilbert said afterward that a “switch has finally
flipped and Clevelanders are believing in their own town.”

29. Lourenco Goncalves

Chairman, president and CEO, Cliffs Natural Resources

Highlighted involvement: American Iron and Steel

Institute

In the news: The head of the largest iron-ore producer

in the U.S. had said he believed Donald Trump’s pledge to
focus on infrastructure building and crack down on unfair
trade would give a needed boost to the steel industry.
That hasn’t been the case yet. In late April, after Cliffs
reported a first-quarter loss and cut its 2017 outlook, the
company’s shares dropped below $7.
30. Marcie Goodman
Executive director, Cleveland International Film Festival
Highlighted involvement: Greater Cleveland Film
Commission
In the news: The film festival’s total attendance of
106,504 in 2017 is more than triple its gate numbers from
2003, when Goodman was in her second year as executive
director. CIFF41 reported $167,350 in matched donations
for a festival with 202 feature films, 216 shorts and 325
guest filmmakers.
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IN RECOGNITION OF

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Urban Superintendent of the Year
Awarded by Council of the Great City Schools Raised
Graduation Rates

Increased
Enrollment

1,100 NEW CMSD STUDENTS

Enrollment increasing for
the first time in decades

Expanded
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Added 1,200
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80% of these students
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Building Public Trust

72% of citizens
think CMSD is moving in
the right direction

ClevelandMetroSchools.org
PA G E 16 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

Who’s Who in Northeast Ohio

31. Eric Gordon
CEO, Cleveland Metropolitan School District

Highlighted involvement: Council of the Great City

Schools, United Way of Greater Cleveland, ideastream

In the news: The school district’s 15-mill renewal

levy passed by a wide margin in November. A few
weeks prior, Gordon, who was promoted from chief
academic officer to CEO in 2011, was named “Urban
Educator of the Year” by the Council of the Great City
Schools.

32. Carl Grassi

Chairman, McDonald Hopkins

Highlighted involvement: Greater Cleveland Sports

Commission, Greater Cleveland Film Commission, BVU:

OUR HOME SINCE 1847 The Center for Nonprofit Excellence

In the news: Last October, Grassi transitioned from

Cliffs Natural Resources Inc. (NYSE: CLF) is celebrating 170 years in 2017. For nearly two
centuries, Cliffs has navigated through major world events, economic recessions and eras of
SURÀWDEOHJURZWKDQGJUHDWSURVSHULW\
McDonald Hopkins’ president, a role he had served for
more than nine years, to chairman. He remains on the
Cleveland law firm’s executive committee. Grassi said the
elevation of Shawn Riley was “a carefully crafted transi-
tion that has been in the planning stages for quite some time.”

33. André Gremillet

Today, Cliffs is the largest and oldest iron ore mining company in the United States. Thanks Executive director, Cleveland Orchestra
to the ingenuity and hard work of our past and present employees, Cliffs looks forward to
Highlighted involvement: University Circle Inc.
serving our customers for many more decades.
In the news: Gremillet, who has been at the helm of the
orchestra since January 2016, has been tasked with
improving the bottom line of an organization that
reported a $2.4 million deficit for the last fiscal year. A key
to that is the orchestra’s centennial celebration, a
16-month event that kicks off in September.

cliffsnaturalresources.com 34. Tricia Griffith

President and CEO, Progressive Corp.

Highlighted involvement: n/a

NOMINATIONS OPEN FOR 2017 In the news: Griffith was elevated to CEO of the nation’s
fourth-largest auto insurer on July 1, following the
Crain’s Cleveland Business’ award and recognition programs honor those throughout the retirement of Glenn Renwick. Near the close of 2016, she
Northeast Ohio community who are excelling and thriving in their industry. was the lone Northeast Ohio representative to be named
to Fortune magazine’s list of the most powerful women in
CrainsCleveland.com/Nominations business. Griffith checked in at No. 18.

35. William Griswold

Celebrating Northeast Ohio

Director and president, Cleveland Museum of Art

Highlighted involvement: American Federation of

Arts, American Friends of the Shanghai Museum,
University Circle Inc.

In the news: The museum celebrated its centennial

throughout 2016, and its ninth annual Solstice begins
June 24. Another big item on Griswold’s agenda: Joining
his fellow Northeast Ohio art museum leaders in a fight
against Donald Trump’s plan to eliminate national
endowments for the arts and humanities.

36. Brian Hall

Senior vice president, Greater Cleveland Partnership; executive director;
Commission on Economic Inclusion, Cleveland

Highlighted involvement: The Presidents Council

Foundation, Cleveland Water Alliance, University
Hospitals

In the news: The commission’s latest report showed that

We are pleased to honor our Chairman, Carl Grassi, and to celebrate
the Who's Who in Northeast Ohio. These exceptional people
help make this region a distinctive and special place.
the percentage of minority employees among Greater
Cleveland Partnership members surveyed grew to 26%
from 22% a year earlier and that minorities in senior
management grew to 14.5% from 9%.
37. Howard W. “Hoby” Hanna IV
President of real estate brokerage, Howard Hanna Real Estate Services

Highlighted involvement: North Coast Community

Homes, Hathaway Brown School, University School

In the news: Howard Hanna Real Estate Services

continues to grow. It became the No. 1 residential real
estate firm in Western New York in the past year and it
mcdonaldhopkins.com continues to expand its Hanna Commercial Real Estate
business, purchasing Pepper Pike’s Kelly & Visconsi late
McDonald Hopkins LLC, 600 Superior Avenue East, Suite 2100, Cleveland, OH 44114 | 216.348.5400 in 2015.

Chicago | Cleveland | Columbus | Detroit | Miami | West Palm Beach

 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 17

Who’s Who in Northeast Ohio

38. Greg Harris
President and CEO, Rock and Roll Hall of Fame

Highlighted involvement: Great Lakes Science

Center, Destination Cleveland

In the news: Harris is leading a major transformation effort

THE
at the Rock Hall, both physically and from an operations
standpoint. In terms of physical transformations, the Rock
CLEVELAND
Hall’s efforts got a $9 million boost with a gift from Chris and
Sara Connor. In recognition of the gift, a new interactive INTERNATIONAL
theater will open this summer bearing the Connor name.

39. Jimmy and Dee Haslam

FILM
Owners, Cleveland Browns
FESTIVAL
Highlighted involvement:
Haslam Scholars Program at the Board of Directors
University of Tennessee, National
Association of Truck Stop Operators proudly recognizes Executive Director

In the news: Following a 1-15

Jimmy Haslam Dee Haslam

season that was the worst in
franchise history, the Haslams — in-
stead of yet another regime change
— stayed the course with Sashi
MARCIE GOODMAN
Brown and Hue Jackson. In late April,
the team’s 10-player draft class earned positive reviews around the league.

40. Michael Hilton FOR HER OUTSTANDING CONTRIBUTION

President, CEO, Nordson Corp.
TO OUR COMMUNITY.
Highlighted involvement: Manufacturers Alliance for
Productivity and Innovation, Magnet, Friends of Break-
through Schools

In the news: So far this year, Nordson has completed three

acquisitions and announced one more. The most recently
announced is a portion of Vention Medical for more than
$700 million. “The important thing is to strategically know
what you’re interested in, to establish relationships early,
and to be there when everybody’s ready and take advantage of it,” Hilton said.

41. Dan Horrigan

Mayor, Akron 35th Anniversary

PROMOTE.
35th Anniversary
CLEVELAND BUSINESS
VOL. 36, NO. 47 NOVEMBER 23 - NOVEMBER 29, 2015

35th Anniversary

Highlighted involvement: Downtown Akron Partner-

ALLYSON O’KEEFE, 37
CLEVELAND BUSINESS
Partner; Porter Wright

VOL. 36, NO. 47 Allyson O’Keefe started her legal career at Porter Wright in 2004 after completing NOVEMBERa sum-23 - NOVEMBER 29, 2015
mer internship there as a Case Western Reserve University law student. Since then, she has
worked on many significant deals across Cleveland, including Flats East Bank, The
Metropolitan at the 9, Uptown in University Circle and Steelyard Commons, and has been pro-
moted to real estateALLYSON
partner. O’KEEFE, 37
Columbus native who Partner; CLEVELAND BUSINESS
“Young professionals who live downtown are so excited about the city,” said O’Keefe, a
Porter
lived downtown forWright
10 years before moving to Rocky River. “The ones
who aren’t from here are often more excited about it. When you move here from somewhere

Why not?
else,
VOL.you don’t
36, NO. take
47 it Allyson
for granted.” NOVEMBER 23 - NOVEMBER 29, 2015
O’Keefe started her legal career at Porter Wright in 2004 after completing a sum-
When O’Keefe is not working or spending time with her husband and two children, she can
mer internship there as a Case Western Reserve University law student. Since then, she has
be found volunteering on the boards of nonprofit organizations and watching college football.
worked on many significant deals across Cleveland, including Flats East Bank, The
Metropolitan at the 9, Uptown in University Circle and Steelyard Commons, and has been pro-

ship, Ohio Mayors Alliance

WHAT INSPIRES YOU ABOUT YOUR WORK?
moted to real estateALLYSON O’KEEFE,
that I’ve 37
partner.
Just seeing what Cleveland has gone through in the time been here, there’s obvious-
“Young professionals who live downtown are so excited about the city,” said O’Keefe, a
ly a lot of excitement around real estatePartner; Porter for Wright
development. I started in 2004 when we were crazy
Columbus native who lived downtown 10 years before moving to Rocky River. “The ones

Let the Custom Reprint Department help you leverage this great press.
busy with development. That was sort of the boom from ’04 through ’08. I saw it go through
who aren’t from here are often more excited about it. When you move here from somewhere
the downturn, then I saw it rise again, even stronger than before locally.
else, you don’t take it for granted.”
Allyson O’Keefe started her legal career at Porter Wright in 2004 after completing a sum-
When O’Keefe is not working or spending time with her husband and two children, she can
MANY OF THE PROJECTS YOU mer internship
WORKED ON there as a Case Western
ARE MIXED-USE Reserve University
URBAN PROJECTS. IS law student. Since then, she has
be found volunteering on the boards of nonprofit organizations and watching college football.
THAT AN AREA OF EXPERTISE? worked on many significant deals across Cleveland, including Flats East Bank, The
Metropolitan
Yes, definitely. Real estate is at the 9, Uptown
extremely interesting becausein every
University
deal Circle and Steelyard Commons, and has been pro-
is differ-
WHAT INSPIRES YOU ABOUT YOUR WORK?
ent. You can never get bored moted to real
because estate
there’s so partner.
much variety there, from tax
Just seeing what Cleveland has gone through in the time that I’ve been here, there’s obvious-
credits to historic renovations,“Young
from professionals who live downtown
ground-up development to rehab, are
from so excited about the city,” said O’Keefe, a
ly a lot of excitement around real estate development. I started in 2004 when we were crazy
mixed-use to residential. Columbus native who lived downtown for 10 years before moving to Rocky River. “The ones
busy with development. That was sort of the boom from ’04 through ’08. I saw it go through
who aren’t from here are often more excited about it. When you move here from somewhere
the downturn, then I saw it rise again, even stronger than before locally.
HOW WOULD YOU DESCRIBE else, you LEADERSHIP
YOUR don’t take it for granted.”
STYLE?
I definitely believe in leadingWhen O’KeefeI expect
by example. is not working or spending
the people with whom timeI work,
with her husband and two children, she can
MANY OF THE PROJECTS YOU WORKED ON ARE MIXED-USE URBAN PROJECTS. IS
my associates, to work hard, be found volunteering
and they on the very
see me working boards of nonprofit
hard. For me, it’sorganizations
all and watching college football.
THAT AN AREA OF EXPERTISE?
about working hard and doing good work.
Yes, definitely. Real estate is extremely interesting because every deal is differ-
WHAT INSPIRES YOU ABOUT YOUR WORK?
ent. You can never get bored because there’s so much variety there, from tax
WHAT OTHERS ARE SAYING: Just WHAT
seeingWAS
whatITCleveland has gone
LIKE TO WORK WITHthrough
O’KEEFEinON the time that I’ve been here, there’s obvious-
credits to historic renovations, from ground-up development to rehab, from
THE FLATS EAST BANK PROJECT?ly a lot of excitement around real estate development. I started in 2004 when we were crazy
mixed-use to residential.
“Allyson is extremely brightbusyandwith development.
quick witted, butThat
whatwas
trulysort of the boom
distinguishes from ’04 through ’08. I saw it go through
her
the downturn,
from most successful attorneys then I saw itpeople
is her exceptional rise again, even
skills. Shestronger
has an than before locally.
HOW WOULD YOU DESCRIBE YOUR LEADERSHIP STYLE?
uncanny ability to encourage the ‘adversaries’ in her negotiations to work in
I definitely believe in leading by example. I expect the people with whom I work,
concert with her to achieve win/winMANY OF THE
solutions PROJECTS
to difficult YOU WORKED
problems,” said ON ARE MIXED-USE UR
my associates, to work hard, and they see me working very hard. For me, it’s all
Scott Wolstein, CEO of Starwood Retail THAT AN AREA
Partners andOF EXPERTISE?of the
co-developer
about working hard and doing good work.
Flats East Bank project. Yes, definitely. Real estate is extremely interesting because every deal is differ-
ent. You can never get bored — Lee Chilcote
because there’s so much variety there, from tax
WHAT OTHERS ARE SAYING: WHAT WAS IT LIKE TO WORK WITH O’KEEFE ON
credits to historic renovations, from ground-up development to rehab, from
THE FLATS EAST BANK PROJECT?

For more information contact

mixed-use to residential.

In the news: In his short time in office, Horrigan created

“Allyson is extremely bright and quick witted, but what truly distinguishes her
Reprinted with permission from the Crain's Cleveland Business. © 2015from
Crainmost successfulInc.
Communications attorneys is reserved.
All Rights
HOW WOULD YOU
her exceptional people skills. She has an
DESCRIBE YOUR LEADERSHIP STYLE?
Further duplication without permission is prohibited. Visituncanny ability to encourage
www.crainscleveland.com. the ‘adversaries’ in her negotiations to work in
#CC15040
I definitely believe in leading by example. I expect the people with whom I work,
concert with her to achieve win/win solutions to difficult problems,” said
my associates, to work hard, and they see me working very hard. For me, it’s all
Scott Wolstein, CEO of Starwood Retail Partners and co-developer of the
about working hard and doing good work.
Flats East Bank project.
— Lee Chilcote
WHAT OTHERS ARE SAYING: WHAT WAS IT LIKE TO WORK W
THE FLATS EAST BANK PROJECT?
“Allyson is extremely bright and quick witted, but what truly distinguishes her
Reprinted with permission from the Crain's Cleveland Business. © 2015from
Crainmost successfulInc.
Communications attorneys
All Rightsisreserved.
her exceptional people skills. She has an

Krista Bora, Reprint Account Executive

Further duplication without permission is prohibited. Visituncanny ability to encourage
www.crainscleveland.com. the ‘adversaries’ in her negotiations to work in
#CC15040
concert with her to achieve win/win solutions to difficult problems,” said
Scott Wolstein, CEO of Starwood Retail Partners and co-developer of the
Flats East Bank project.

the Akron Growth Committee to rally the city’s sluggish

Reprinted with permission from the Crain's Cleveland Business. © 2015 Crain Communications Inc. All Rights reserved.
www.crainscleveland.com.
Further duplication without permission is prohibited. Visit www.
ww crainscleveland.com. #CC15040

kbora@crain.com • tel 212.210.0750

economy and the Akron Civil Rights Commission to
protect against discrimination. Horrigan succeeded the
venerable Don Plusquellic, who served as Akron’s mayor
for 28 years.

42. Frank Jackson

Mayor, Cleveland

Highlighted involvement: United Way of Greater

Cleveland

In the news: In May, Jackson kicked of a $65 million

program to boost both housing and commercial develop-
ment beyond downtown, in targeted city neighborhoods.
He also squabbled recently with the Greater Cleveland
Shout out to Rock Hall
Regional Transit Authority over whether to re-open
Public Square to bus traffic. Last fall, Jackson announced
President and CEO,
he would seek an unprecedented fourth term.
GREG HARRIS !
43. LeBron James
Forward, Cleveland Cavaliers

Highlighted involvement: Cleveland Hustles, LeBron

James Family Foundation

In the news: As if leading Cleveland to its first profes-

sional sports championship in 52 years weren’t enough,
James’ foundation and the Akron Public Schools
announced recently they were teaming up to design a
new Akron public school called the I PROMISE School.
The school is following suit with the foundation’s program
to help some of the city’s most challenged students.

44. Alex Johnson

President, Cuyahoga Community College

Highlighted involvement: American Association of

Community Colleges, Commission on Economic
Inclusion, Greater Cleveland Partnership

In the news: Tri-C is leading the celebration of the 50th

anniversary of Carl Stokes election as the first black mayor of
the city of Cleveland. “By honoring the work of the past and
inspiring greater work in the years to come, the future of 1100 Rock and Roll Boulevard, Cleveland, OH 44114 | rockhall.com
Photo by Henry Diltz
Cleveland will be bright,” Johnson wrote in Crain’s this year.
PA G E 18 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS
Who’s Who in Northeast Ohio
45. Charles Jones
President and CEO, FirstEnergy Corp.
Highlighted involvement:
Greater Akron Chamber, Team NEO,
Youth Opportunities Unlimited
In the news: FirstEnergy has been
attempting to get out of the market
for competitive generation, where its
older, coal-fired power plants have
difficulty competing with producers
running on natural gas. The company has made some
progress in Ohio where state regulators gave the
company the ability to collect an additional $200 million
a year from ratepayers, through at least 2019.
46. Joe Kanfer
Chairman and CEO, GOJO Industries
Highlighted involvement:
StarVest Partners, Bits and Atoms
Innovation Center, Lippman Kanfer
Philanthropies
In the news: Kanfer’s company
recently expanded products to
include Purell soap in addition to
surface disinfecting and sanitizing
sprays. He told the Akron Beacon Journal in February
that Purell hand sanitizer took nearly a decade to turn a
profit, noting, cheekily, if he worked at a large public
company, he would’ve been fired. “Being private, we can
take a longer-term view,” he said.
Michael F. Hilton
President & CEO
C O N G R AT U L AT I O N S ,
MIKE HILTON!
Thank you for your outstanding leadership
and inspiring our global team.
;OLSLHKLYPUWYLJPZPVUKPZWLUZPUNÅ\PKTHUHNLTLU[HUKYLSH[LK[LJOUVSVNPLZ
nordson.com
47. Marcy Kaptur
U.S. House of Representatives, 9th district, Democrat
Highlighted involvement: House
Appropriations Committee
In the news: Kaptur is among three
dozen Midwestern Democrats, and
one Republican, who in April urged
the Trump administration not to
close a regional Environmental
Protection Agency office in Chicago
that oversees the bulk of the nation’s fresh water supply
that stems from the Great Lakes and the Mississippi
River watershed.
48. Janet Kavandi
Director, NASA John H. Glenn Research Center
Highlighted involvement:
Greater Cleveland Partnership, Great
Lakes Science Center, Case Western
Reserve University
In the news: The research center
is involved with testing the Europe-
an Space Agency’s service module
for Orion, a craft designed for the
next generation of space travel, which could include
sending humans to Mars. “Ohio has figured promi-
nently in the nation’s space program,” she told an
audience at a recent event in Columbus, according to
the Norwalk Reflector.
49. Heather Lennox and Chris Kelly
Current and former Cleveland office partners-in-charge, Jones Day
Highlighted involvement:
(Lennox) Greater Cleveland
Partnership, Playhouse Square, BVU:
The Center for Nonprofit Excellence;
(Kelly) United Way of Greater
Cleveland, Musical Arts Association,
Rock and Roll Hall of Fame
In the news: Lennox was a lead
Lennox Kelly lawyer on Detroit’s historic
municipal bankruptcy case, for
which a plan for adjustment was approved in late 2014. Kelly was one of
four co-chairs for Cleveland’s 2016 RNC host committee that helped bring
the event to the city.
50. Robert Klonk
CEO, Oswald Cos.
Highlighted involvement: The Council of Insurance
Agents and Brokers, Northeast Ohio Medical University,
The Greater Cleveland Sports Commission
In the news: Klonk, who became CEO in 2013, is an
expert when it comes to health care policy and will no
doubt have plenty to say in the coming months as the
Republicans look to piece together a replacement for the
Affordable Care Act. As for the bill that recently passed
the U.S. House of Representatives? Klonk told The Plain Dealer, “Right now,
there’s not a lot of negativity in this for employers.”
51. Stewart Kohl
Co-CEO, The Riverside Co.
Highlighted involvement: Cleveland Clinic, Museum
of Contemporary Art Cleveland, Oberlin College
In the news: Riverside recently announced a partner-
ship with Cleveland investment firm Parkwood LLC,
which bought a 10% stake in the private equity firm. The
investment should allow Riverside to expand in various
ways and could speed up the process to turning a profit in
deals. “As the PE industry’s momentum and pace have
picked up, it’s important for Riverside to be able to do that cycle more
quickly,” Kohl told Crain’s. “This allows us to launch fund one at a larger
scale, break even in fund one and hit profitability by fund two. Shortening
that cycle is important to us.”
52. Len Komoroski
CEO, Cleveland Cavaliers and Quicken Loans Arena
Highlighted involvement: Destination Cleveland,
Greater Cleveland Partnership, Downtown Cleveland
Alliance
In the news: Komoroski, who has been with the
organization since 2003, has been the Cavs’ point
person in negotiations with the city and Cuyahoga
County over the much-debated transformation of
Quicken Loans Arena. The Cavs are hoping to start
dramatic renovations on the soon-to-be 23-year-old arena after the
playoffs.
53. Richard Kramer
CEO, The Goodyear Tire & Rubber Co.
Highlighted involvement: John Carroll University,
Akron Regional Chamber of Commerce, Akron Tomorrow
In the news: Goodyear saw this year’s first-quarter
income fall 8% on the heels of higher rubber prices
coupled with weak demand, yet the CEO remains
measuredly optimistic about the business. “While
raw-material inflation has moderated in recent weeks,
we continue to expect a significant year-over-year
headwind in 2017,” Kramer told Rubber & Plastics News. “We remain
confident in our ability to offset raw-material cost inflation over time.”
54. Kyle Kutuchief
Akron program director, Knight Foundation
Highlighted involvement: n/a
In the news: Reimagining the Civic Commons, a
national effort that drew one of four $5 million grants to
Akron to revitalize public space along the Ohio & Erie
Canal Towpath Trail, has been a major focus for Kutuchief
at Knight. “By transforming these community-owned
physical spaces, we hope to prove that thoughtfully
designed, well maintained public places can help bring
people together across seemingly intractable economic, social and cultural
divides,” Kutuchief wrote alongside co-authors in a recent editorial in
Philanthropy Daily.
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 19

Who’s Who in Northeast Ohio

55. Ray Leach
Founding CEO, JumpStart Inc.

Highlighted involvement: VentureOhio, Smithers

Group, Global Center for Health Innovation

In the news: Leach has earned a slew of industry

accolades, including, recently, Ohio’s 2017 Economic
Opportunity Award and the National Venture Capital
Association’s American Spirit Award. “It’s also
important to point out that this work would not have
been possible without the long-term vision of our state
government — particularly the Ohio Third Frontier — who has been one
of our largest and most-valued supporters,” Leach said in a statement
about the former honor.

56. Christopher Mapes

Chairman, president and CEO, Lincoln Electric

Highlighted involvement: Greater Cleveland Partner-

ship, National Association of Manufacturers, Magnet

In the news: Mapes has long been vocal about the

need to get the next generation interested in manufac-
turing and welding careers, which has increasingly
gotten the company attention as the skills gap becomes
a more pressing need. On the business side, Lincoln
Electric is looking to grow, with plans for a $125 million
acquisition of Air Liquide Welding.

57. Ari, Jori and Rick Maron

Partners, MRN Ltd.

Highlighted
involvement:
n/a

In the news:
MRN Ltd. has
been a driving
force in Cleve-
land’s renais-
Ari Maron Jori Maron Rick Maron sance and earned
national acco-
lades for so. The developer, for instance, has been behind projects like the
Did your company have a stellar year?
revival of East 4th Street into a residential and dining destination and the
renovation of the former Tudor Arms Hotel in University Circle.

58. Andy Mattes

President and CEO, Diebold Nixdorf
Brag. :gZ]bg<kZbglblma^[^lmpZrmh[hZlmmhma^
<e^o^eZg][nlbg^ll\hffngbmr'
;HHDRHNK:=MH=:RMHKNGBGHNK;>LMBLLN>L'
Contact Nicole Mastrangelo • nmastrangelo@crain.com • 216-771-5158
Highlighted involvement: n/a

In the news: Mattes has made several changes at the

ATM company since becoming CEO in 2013, notably
putting a focus on services and software and making a
push into retail markets. The biggest shift occurred last
summer, when Diebold Inc. merged with Wincor
Nixdorf AG, creating a giant in the ATM market.

Your leadership serves

as an inspiration to all of us.
Huntington congratulates Cleveland Regional President, Sean Richardson, for
being recognized by Crain’s Who’s Who: 100 Names to Know in Northeast Ohio.

Sean Richardson
Huntington Cleveland
Regional President

We would also like to congratulate all Crain’s Who’s Who: 100 Names to
Know in Northeast Ohio honorees for their hard work, dedication and
commitment to the community and for making our region that much better.

Member FDIC. ® and Huntington® are federally registered service marks of Huntington Bancshares
Incorporated. Huntington.® Welcome.SM is a service mark of Huntington Bancshares Incorporated.
©
2017 Huntington Bancshares Incorporated. P/N 12316
PA G E 2 0 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

Who’s Who in Northeast Ohio

59. Stephen McHale, Charlie Lougheed, Anil Jain
Founders, Explorys, an IBM company

Highlighted involvement: (Stephen) Center for Families and Children, North Coast Angel Fund, Global Center for Health Innovation;
(Charlie) Friends of Breakthrough Schools, Galen Foundation; (Anil) Federal Health IT Advisory Committee

In the news: The Cleveland Clinic spinoff Explorys, a software company that focused on health care data analytics, was acquired by IBM
in 2015 and has continued to grow under its new owners. Work is underway on a new IBM building near the Clinic campus at East 105th
McHale Lougheed Jain Street and Cedar Avenue that will house Explorys.

60. Darrell L. McNair 62. Steve Millard 63. Beth E. Mooney

CEO, MVP Plastics Inc. Executive director, Council of Smaller
Enterprises; Executive vice president,
Highlighted involvement: Port of Cleveland, Minority Greater Cleveland Partnership
Development Financing Advisory Board, Presidents’
Council Business Chamber Highlighted
involvement:
In the news: McNair has been busy in recent years, Presidents’
expanding his custom injection molding business to better Council Business
serve automotive customers. He also made headlines Chamber, Fund
when he purchased and leased back the headquarters of For Our Econom-
the Urban League of Greater Cleveland through an affiliate. ic Future
Chairman and CEO, KeyCorp
Highlighted involvement: Greater Cleveland
Partnership, Catalyst, United Way of Greater Cleveland
In the news: Mooney oversaw KeyCorp’s large
acquisition of First Niagara Financial Group Inc., which
closed in the summer of 2016. The deal, which initially
was valued at more than $4 billion, added more than
300 branches and about $29 billion in deposits to
KeyCorp.

61. Loretta J. Mester In the news: 64. Bernie Moreno

President and CEO, Federal Reserve Bank of Cleveland
Highlighted involvement: Greater Cleveland
Partnership, Cleveland Clinic, Financial Intermediation
Research Society
In the news: Mester has been a vocal proponent of the
idea of the Fed raising interest rates and lowering its
balance sheet in recent months, assuming the U.S.
economy continues to improve.
COSE and GCP have become more
closely intertwined in recent years
as the organization focused on
small businesses saw membership
shrink. The Affordable Care Act
meant that COSE members had
more options for low-cost
insurance, which used to be a
major part of the services COSE
provided.
President, Bernie Moreno Cos.
Highlighted involvement: Cuyahoga Community
College Foundation, The Cleveland Foundation, Greater
Cleveland Partnership
In the news: Moreno’s car dealership empire had
grown in recent years, including a notable expansion in
Streetsboro that started in 2014. But Moreno recently
switched gears, downsizing by selling dealerships and
putting a stronger focus on luxury brands.

Passion.
city pride.
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hard work.
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Joan Synenberg
Strength
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 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 21

Who’s Who in Northeast Ohio

65. John G. Morikis
Chairman, president and CEO, Sherwin-Williams Co.

Highlighted involvement: Fortune Brands, Joint

Center for Housing Studies Policy Advisory Board at
Harvard University, Greater Cleveland Partnership

In the news: Sherwin-Williams is in the midst of a large

change, as the paint and coatings giant — despite some
regulatory pushback — is working to close the acquisition
of Valspar Corp. at a price of about $11.3 billion. The deal
is expected to close by early this summer.

66. Scott and Dean Mueller

CEO/President, Dealer Tire

Highlighted involvement: (Scott)

Cleveland Museum of Art, Greater
Cleveland Partnership, MetroHealth
Foundation; (Dean) Western Reserve - 16 EAST HANNA LANE, BRATENAHL -
Historical Society, Crawford
Auto-Aviation Museum, Cleveland
Animal Protective League Seller will consider all offers from $895,000- $1,195,000 until 5pm on June 11th

In the news: Dealer Tire signed the

Extraordinary custom built home located in the prestigious gated Hanna Estates.
Scott Mueller Dean Mueller biggest new office lease in Northeast Lake Erie & harbor views with Shoreby Club & beach access!
Ohio for 2016 when it agreed to take
over Victory Center in Midtown Cleveland. The move also gave the tire - ONLY 2 OPEN HOUSES LEFT TO VIEW THIS HOME -
distribution company a reason to step into the limelight. During their first
interview with Crain’s, the Mueller brothers revealed that Dealer Tire June 4th & June 11th | 12:00-2:30pm
generates more than $1 billion in annual revenue.

67. Frederick R. Nance Craig Cantrall | Chestnut Hill Realty, Inc.

Global managing partner, Squire Patton Boggs
216-970-0608 | www.CHR-inc.com
Highlighted involvement: Cleveland Clinic Find us on social media
Foundation, Greater Cleveland Partnership, RPM
International Inc.

In the news: On Jan. 1, Nance became the company’s

global managing partner. Nance, who previously served
as regional managing partner, now oversees 36 offices in
16 countries. He’s also been working on a notable deal,
helping Cuyahoga County during negotiations related to
the planned renovation of Quicken Loans Arena.

68. August A. Napoli Jr.

President and CEO, United Way of Greater Cleveland
CONGRATULATIONS TO
OUR POET DEVELOPER
Highlighted involvement: Cleveland Council on
World Affairs, City Club of Cleveland, Temple-Tifereth
Israel

In the news: Napoli was named president and CEO of

the United Way of Greater Cleveland on Aug. 3, 2016. He
came from the Cleveland Museum of Art, where he led
the $320 million capital campaign that funded a massive
construction and renovation project at the museum.
YOU IMPACT NORTHEAST
69. Aram Nerpouni
President and CEO, BioEnterprise Corp. OHIO IN COUNTLESS WAYS,
Highlighted involvement: Cleveland School of
Science and Medicine, Great Lakes Science Center

In the news: Young health care companies in

Northeast Ohio raised $198 million in venture capital
last year. If you round up, you can say local health care
startups have raised at least $200 million in venture BOB STARK
capital every year for the past five years, according to
data from BioEnterprise. The nonprofit revels in such PRESIDENT & CHIEF EXECUTIVE
data: It has been working to help local biomedical companies raise capital OFFICER, STARK ENTERPRISES
and grow since 2002.
– 100 NAMES TO KNOW IN
70. Jon J. Pinney NORTHEAST OHIO –
Managing partner, Kohrman Jackson & Krantz

Highlighted involvement: Destination Cleveland,

FRONT Exhibition Company, Rock & Roll Hall of Fame
and Museum

In the news: Pinney and KJK had reason to celebrate

when the Republican National Convention went off
without a hitch. Pinney was the primary author of the
bid for the RNC and served on the RNC host committee.
Plus, the law firm he leads put together hundreds of
contracts related to the event. Another 2016 highlight: KJK assembled the
AND INSPIRE US EVERY DAY.
deal that convinced Dealer Tire to take over Cleveland’s Victory Center
building. — YOUR TEAM AT
PA G E 2 2 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

Who’s Who in Northeast Ohio

71. Douglas E. Price III and Karen M. Paganini
CEO/President, K&D Group

Highlighted involvement: (Doug)

Proud to recognize Mentor Harbor Yachting Club;
(Karen) Downtown Cleveland
Alliance, DCA Step Up Downtown

Northeast Ohio’s Committee, Andrews Osborne

Academy

In the news: K&D has been

Who’s Who Price Paganini
in the news a lot lately, buying and
renovating buildings in downtown
Cleveland. The most prominent
property? Terminal Tower. The Willoughby-based apartment developer
and operator bought the landmark from Forest City for $38.5 million
in 2016.

72. Bill Priemer

President and CEO, Hyland Software

Highlighted involvement: John Carroll University,

BVU: The Center for Nonprofit Excellence, 7signal

In the news: Hyland is about to get a lot bigger.

Northeast Ohio’s largest software company will buy
Lexmark International’s Perceptive Software business
later this year. Perceptive, which has been cutting staff,
had 500 employees at its main office near Kansas City,
Kan., as of April 2016. Hyland also is in the process of
expanding its headquarters in Westlake.

Business Advisors and 73. Joe Pulizzi

Certified Public Accountants Founder, Content Marketing Institute

Highlighted involvement: The Orange Effect

Foundation
216.363.0100 In the news: Pulizzi is widely considered one of the top
maloneynovotny.com authorities in the world on content marketing, and his
company hosts the annual Content Marketing World
conference in Cleveland. He sold the Content Marketing
Institute for $17.6 million to UBM plc of London in 2016
but continues to run the business.

AT HOME. IN THE OFFICE. Facebook.com/CrainsCleveland 74. Claiborne R. Rankin

Twitter.com/CrainsCleveland Managing director, North Coast Angel Fund
AT THE GYM. ON THE GO. Instagram.com/CrainsCleveland Highlighted involvement: Hyster-Yale Materials

STAY CONNECTED. Handling Inc., Cleveland Museum of Natural History,

Neuros Medical Inc.

In the news: North Coast Angel Fund raised fresh

capital last year, with help from the Ohio Third Frontier
program. More good news came in August 2016, when
Myriad Genetics announced it would acquire one of its
portfolio companies, a Cincinnati-area biotech company
called Assurex Health, for $225 million upfront plus an earn out that could
reach $185 million.

75. James A. Ratner

Non-executive chairman, Forest City Realty Trust

Highlighted involvement: Playhouse Square Founda-

tion, Case Western Reserve University, Cleveland
Museum of Art

In the news: James A. Ratner replaced his brother,

Charles A. Ratner, as chairman of Forest City on Jan. 1.
The previous month, the company announced it
would eliminate the dual-class stock structure that
gave its founding families control over the business.
The company has been selling its local properties to focus on bigger
markets. For instance, in 2016 it sold Terminal Tower to K&D Group for
$38.5 million.

76. Jim Renacci

U.S. House of Representatives, 16th district, Republican

Highlighted involvement: House Ways and Means

Committee, House Budget Committee

In the news: Renacci is serving his fourth term repre-

senting Ohio’s 16th district. This spring, he entered Ohio’s
2018 gubernatorial race with a focus on his background in
business.
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 2 3

Who’s Who in Northeast Ohio

77. Ronald B. Richard
President and CEO, Cleveland Foundation

Highlighted involvement: Global Cleveland, Ever- CUYAHOGA COMMUNITY COLLEGE (TRI-C®)

green Cooperatives, JobsOhio

In the news: Richard, who has held senior management

positions in governmental, private sector and nonprofit
organizations, has led the foundation since 2003. He
recently received the distinguished service award from the
Council on Foundations, a nonprofit leadership associa-
APPLAUDS
DR. ALEX
tion of grantmaking foundations and corporations.

78. Sean Richardson

Regional president, Cleveland market, Huntington Bank

Highlighted involvement: College Now Greater

Cleveland, Playhouse Square Foundation, University
Circle Inc.

In the news: Richardson previously served a similar role

at FirstMerit, which Huntington acquired last summer. As
the bank comes together, he has been tasked with
growing the Cleveland market, which includes a heavy
JOHNSON
emphasis on the commercial business.

79. Joe Roman

President and CEO, Greater Cleveland Partnership
CONGRATULATIONS
Highlighted involvement: Cleveland Metropolitan
Bar Association, Magnet, BioEnterprise on your recognition in
In the news: GCP is one of the nation’s largest metro- Who’s Who: 100 names
politan chambers of commerce and has more than 8,000
members. Its current focuses include maintaining to know in Northeast Ohio.
competitive air service at Cleveland Hopkins Internation-
al Airport, helping to reform public education in the city
and continuing to support the development of Cleve-
land’s downtown business district, lakefront and other projects in the region. tri-c.edu
216-987-6000 Where futures begin SM

80. Chris Ronayne

President, University Circle Inc. 17-1549

Highlighted involvement: Port of Cleveland, Holden

Parks Trust, Ohio Chapter of the American Planning
Association

In the news: Since being named president in 2005,

Ronayne and UCI have leveraged institutional assets in
the growing employment district to help transform it into
a mixed-use district.
Future Crain’s 2017 event sponsorships are limited. To reap the benefits
of the ultimate in-person marketing opportunity, contact Nicole
Meet Your^ Clients Mastrangelo at 216-771-5158 or nmastrangelo@crain.com.

CLASSIC ARCHITECTURE WITH MODERN AMENITIES
Ŕ Office Space Available: 2,500 RSF or
may be leased as individual offices
Ŕ Brand new build out
Ŕ All suites are brand new construction
Ŕ Fireplace in all two bedroom suites
Ŕ Granite countertops
Ŕ Beautiful white shaker cabinets with
soft close
Ŕ Upscale oil rubbed bronze lighting
package with coordinating faucets
Ŕ Ceramic tile floors in the bathrooms
Ŕ Hard surface flooring in all suites
Ŕ Carpeted bedrooms
Ŕ Washer and dryer in each suite
Ŕ ENERGY STAR stainless steel appliances
Thanks
for making
CLE greater.
Ŕ Walk-in closets (most suites) Congratulations to our president, Augie Napoli, for this special recognition.
Ŕ Individually controlled high efficiency
heating and air conditioning We thank you for your commitment to our community and your work
Ŕ Stunning lobby with gold finishing
Ŕ Custom Tiffany elevators to create positive change throughout the northeast Ohio region.
Ŕ A mix of new and historic architecture
Ŕ Energy-saving LED lighting throughout
Ŕ Business center
Ŕ High speed internet access
Ŕ Spacious 24-hour on-site fitness center
Ŕ On-site party room
Ŕ Controlled access entry
Ŕ Online rental payment and
maintenance requests

LEASING INFORMATION
526 Superior Avenue | Cleveland, Ohio 44114
216.241.7706
www.ResidencesAtLeader.com UnitedWayCleveland.org
PA G E 2 4 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

Who’s Who in Northeast Ohio

81. Walt Rosebrough 82. Victor A. Ruiz 83. Tim Ryan 84. Ivan Schwarz
President and CEO, Steris Executive director, Esperanza, Inc. U.S. House of Representatives, 13th district, President, Greater Cleveland Film
Democrat Commission
Highlighted involvement: Highlighted involvement:
AdvaMed, Health Insights, Cuyahoga Community College Highlighted involvement: Highlighted
Rock and Roll Hall of Fame House Appropriations involvement:
In the news: Esperanza’s Committee Cleveland
In the news: Rosebrough board last summer approved a International
has held leadership positions new strategic plan to expand In the news: An eighth-term Film Festival,
in most major business its work from its historic focus Democrat, Ryan’s primary MetroHealth
functions and has been a on getting Hispanic students focus is on the economy and Foundation,
health care executive for thorough high school to a quality of life in Northeast Cleveland Hillel
more than 30 years, and CEO for more than 25. broadened scope to reach younger students and Ohio. His bid to unseat minori-
Last year, Steris sold its unit known for hand those in college. ty leader Nancy Pelosi last fall, though unsuccess- In the news: Under Schwarz’s
sanitizers to SC Johnson and acquired Medisafe ful, helped elevate his national profile. He has leadership over the past decade,
Holdings Ltd., a United Kingdom-based maker been working on an initiative to bring tech more than 300 productions have
of washer/disinfector equipment and related companies to areas like Ohio. been filmed in Ohio, including
consumables. commercials, documentaries,
independent and studio feature
films, television shows and more.
Most recently, he and the commis-
sion helped to bring in “White Boy
Rick,” which is currently filming
with Matthew McConaughey, and
“American Ninja Warrior.”

85. Dr. Jonathan

Stamler and Baiju Shah
A CLEAR Harrington Project for Discovery &
Development

VISION
TOWARD A BRIGHT
Stamler Shah

Highlighted involvement:
(Jonathan) Institute for Transforma-
tive Molecular Medicine; (Baiju)
Invacare, Citizens Bank

In the news: The Harrington

Project is a major drug develop-
ment and commercialization effort
out of University Hospitals. Stamler
is president of Harrington Discov-
ery Institute, the venture’s non-
profit arm, while Shah is CEO of
BioMotiv, the for-profit accelerator
associated with the project. The
institute, meanwhile, provides
millions of dollars annually in
financial and commercialization
ON BEHALF of the students, faculty and staff support to 35 Harrington Scholars
of Kent State University, we congratulate across North America and the
United Kingdom.
President Beverly Warren on being named
one of Crain’s Cleveland Business Who’s Who. 86. Ilene Shapiro
County executive, Summit County

Dr. Warren is an inspiring visionary who Highlighted

involvement:
is leading Kent State to its rightful place University of
among the best public research universities Akron Research
Foundation,
in the nation, with exceptional standards Northeast Ohio
and honored traditions that make us Four County
Regional
undeniably Kent State. Planning and
Development Organization, Akron
Community Foundation

In the news: Though long known

in Summit County political circles,
Shapiro came into the spotlight
when County Executive Russ Pry
died last summer and Shapiro was
selected as his interim replacement.
She then went on to win the post
outright in last November’s election.
Recently she’s been in the news for
things like making Summit County
“autism friendly.”
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 2 5

Who’s Who in Northeast Ohio

87. Mark Smucker
President and CEO, J.M. Smucker Co.

Highlighted involvement: Akron Art Museum,

Musical Arts Association
Forest City salutes our
In the news: Mark Smucker was named president
and CEO of the company that bears his family name
in 2016. He represents the fifth generation of his
very own James Ratner
family to run the food industry giant, which now
employs more than 7,000 people and has annual sales
of about $7.8 billion.
– a visionary leader
88. Barbara R. Snyder and advocate for
President, Case Western Reserve University

Highlighted Involvement: Women’s Fund of Central

Ohio, Wexner Center for the Arts Foundation, John Glenn
inspiring places where
Institute for Public Service and Public Policy

In the news: Snyder is most often cited in the press

people, businesses, and
for her success in growing Case Western Reserve
University during a challenging time for higher
education. Since taking the helm in 2007, Snyder has
communities thrive.
reportedly increased undergraduate applications from
7,297 to more than 22,000 — and has increased the school’s selectivity
criteria at the same time.

89. Robert Stark

President and CEO, Stark Enterprises

Highlighted involvement: Great Lakes Theater

Festival, Downtown Cleveland Alliance, Jewish Commu-
nity Federation of Cleveland.

In the news: Stark’s footprint extends beyond real estate

in Northeast Ohio. He recently purchased a former
department store in downtown Pittsburgh to develop, for
example. But he is probably most often in the news locally
for his continued efforts to develop a 48-story skyscraper www.forestcity.net |
he has proposed for downtown Cleveland, known as the nuCLEus project,
which is still in the works.

90. Marc A. Stefanski

Chairman and CEO, Third Federal Savings and Loan

Highlighted involvement: Rhonda’s Kiss,

Crossroads, Lake County Adolescent Counseling
Service Inc.

In the news: Stefanski is most often seen in the press

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PA G E 2 6 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS
Who’s Who in Northeast Ohio
91. Frank C. Sullivan
Chairman and CEO, RPM International
Highlighted involvement:
Rock and Roll Hall of Fame,
Ohio Business Roundtable,
Greater Cleveland Partnership.
In the news: RPM’s CEO is in
the news for one thing more
than any other: making
acquisitions. Sullivan has kept
up that tradition since taking over as chairman in
2008. Just this year the company announced it had
purchased the Prochem business from Kärcher
North America Co., a controlling stake in Virgin-
ia-based Arnette Polymers LLC, and also the foam
division of Clayton Corp.
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Customers: Over 80,600
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7402 Center Street • Mentor, OH
Phone: (440) 205-8100
www.ERIEBANK.bank
92. Eddie Taylor
President, Taylor Oswald LLC
Highlighted involvement:
Cleveland Leadership Center,
Commission on Economic
Inclusion, Greater Cleveland
Sports Commission
In the news: Taylor made his
biggest news splash when he
took a controlling stake of
Oswald Cos. insurance brokerage in 2012, but he
continues to make news for his civic involvement.
In 2016, he gave the commencement speech at
Baldwin Wallace University.
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93. Jim Tressel 94. Beverly Warren
President, Youngstown State University President, Kent State University
Highlighted involvement: Highlighted
YSU’s Ellen and Jim Tressel involvement:
Student Work Opportunity Musical Arts
Endowment Fund, Andrews Association,
Student Recreation and Greater Akron
Wellness Center, Watson and Chamber,
Tressel Training Site Northeast Ohio
Council on Higher
In the news: Since becoming Education.
president of Youngstown State in 2014 Tressel has
helped the school hit record fundraising levels, In the news: Warren became
announce its first Rhodes Scholar recipient, freeze president of Kent State in 2014, and
tuition and expand its scholarship offerings. Most in 2016 the board of trustees
recently, the school announced it is partnering extended her contract through 2020.
with two private developers to construct new Since her arrival, the university has
apartment-style student housing. seen increased graduation and
retention rates, as well as record
enrollment at the Kent campus. The
university last year embarked on
what it described as its largest
fundraising campaign in its history.
95. Jeffrey and Zev Weiss
Co-CEOs, American Greetings Corp.
Jeffrey Weiss Zev Weiss
Highlighted involvement:
(Jeffrey) Jewish Federation of
Cleveland, Greater Cleveland
Partnership; (Zev), n/a
In the news: In 2014, the Weiss
family paid more than $600 million to
acquire American Greetings, putting
the company back in the hands of its
founding family. In 2016, the company
completed the development of its
headquarters in Westlake.
96. Brad Whitehead
President, The Fund for Our
Economic Future
Highlighted
involvement:
DigitalC,
Cuyahoga
Community
College, Akron
Growth Council
In the news:
The fund Whitehead leads continues
to pump significant funding into
efforts aimed at boosting job
creation in the region. In December,
the fund announced grants for Team
NEO, JumpStart Inc. and the Burten,
Bell, Carr Development Inc., a
nonprofit neighborhood develop-
ment organization.
97. Thomas L. Williams
Chairman and CEO,
Parker Hannifin Corp.
Highlighted
involvement:
Chart Industries,
Make-A-Wish
Foundation,
Greater Cleve-
land Partnership
In the news:
Analysts contend that improving
conditions for industrial manufactur-
ers could bode well for Parker, a
maker of motion and control systems
used by the aerospace industry and
other sectors. The company’s
so-called “Win” strategy that outlines
Parker’s growth plans was recently
refreshed under Williams’ watch.
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 2 7

Who’s Who in Northeast Ohio

98. Matthew Wilson
President, University of Akron

Highlighted involvement: Greater Akron Chamber,

Mid-American Conference Council of Presidents,
University of Akron Research Foundation

In the news: Wilson brought some stability to the

University of Akron last year, at least when it came to
leadership, after Scott Scarborough resigned from the
post in May after a controversial two-year stint on the job.
Congratulations,
Wilson is the former dean of the university’s law school
and known for his accessibility to students and staff.
Jenniffer!
99. Scott Wolstein
CEO, Starwood Retail Partners; Managing partner, The Wolstein Group

Highlighted involvement: H.E.L.P, Case Western

Reserve University, University Hospitals Jenniffer Deckard, President and CEO

In the news: Wolstein, in partnership with Fairmount

Properties, has led the charge to redevelop the East
Bank of the Flats in downtown Cleveland. Several new The Fairmount Santrol Family is proud of your accomplishments and
restaurants are expected to open in the coming
months. And while there have been some high-profile position as a leader in the industry and the greater Northeast Ohio
turnovers and some slow nights in the new district, community. Your commitment to excellence is demonstrated daily through
businesses there are far from struggling.
your dedicated community involvement and guidance of our organization.
100. Thomas F. Zenty Congratulations on this well-deserved recognition from Crain’s!
CEO, University Hospitals

Highlighted involvement: Governor’s Executive

Workforce Board, Greater Cleveland Partnership, United
Way of Greater Cleveland

In the news: Fresh off a series of acquisitions, Zenty

said recently UH in 2016 had its strongest year in the
system’s 150-year history. Building upon that news, UH
recently announced it had reached its $1.5 billion FairmountSantrol.com
fundraising goal for its Discover the Difference
campaign, which has supported much of its high-profile expansions in
recent years.

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PA G E 2 8 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

THE LIST
Money Managers/Investment Advisors
Ranked by regulatory assets under management locally

TOTAL ASSETS UNDER LOCAL AUM

LOCAL MANAGEMENT WITH
(MILLIONS) DISCRETION MINIMUM LOCAL
THIS % (MILLIONS) # OF LOCAL ACCOUNT PORTFOLIO COMPENSATION HEAD OF
YEAR COMPANY 2016 (1) 2015 (1) CHANGE 2016 (2) (3) ACCOUNTS SIZE ANALYSTS STRUCTURE (2) INVESTING TOP LOCAL EXECUTIVE

Victory Capital Management Inc., Brooklyn $10,179.3 $10,318.1 -1.3% $9,771 168 $10,000,000 18 Percentage of AUM CIO at David C. Brown
1 (216) 898-2400/www.vcm.com franchise
level
chairman, CEO

CBIZ Retirement Plan Advisory Services, Independence $8,977.9 $7,926.8 13.3% $716 636 $1,000,000 6 Fixed fees, percentage Brian Dean Luke F. Baum
2 (216) 447-9000/www.cbiz.com/retirement of AUM; hourly president

Boyd Watterson Asset Management LLC, Cleveland $7,500.5 $6,087.3 23.2% $6,561 364 $1,000,000 19 Fee only, percentage of Brian L. Gevry Brian Gevry, CEO, CIO; Tim
3 (216) 771-3450/www.boydwatterson.com AUM Hyland, Mike Bee, Jim Shirak,
managing partners

CAPTRUST, Akron $6,849.3 $6,016.1 13.9% $109 113 $1,000,000 0 Fee only, percentage of Kevin Barry Steve Wilt, senior vice
4 (330) 535-4550/www.captrustadvisors.com AUM president, financial adviser

AB Bernstein, Cleveland $6,076.9 $4,754.6 27.8% $6,077 NA $1,000,000 NA Performance based or Seth Masters Shane Bigelow, managing
5 (216) 263-8090/www.bernstein.com percentage of AUM director, senior VP

Ancora Holdings Inc., Mayfield Heights $4,759.5 $2,636.0 80.6% $3,140 894 $500,000 26 Percentage of AUM John P. Frederick D. DiSanto
6 (216) 825-4000/www.ancora.net (4) (4) (4) Micklitsch chairman, CEO

MAI Capital Management LLC, Cleveland $3,913.5 $3,819.6 2.5% $3,230 1,252 $500,000 12 Fee based on AUM; set John D. Zaller Richard J. Buoncore
7 (216) 920-4800/www.mai.capital fee for non-investment
services
managing partner

Wasmer, Schroeder & Company LLC, Cleveland $2,927.7 $2,099.0 39.5% $2,872 1,548 $500,000 4 Percentage of AUM Thomas N. John Majoros III, managing
8 (216) 622-0000/www.wasmerschroeder.com Richmond Jr. director, director, Taxable
Portfolio Management

Sequoia Financial Advisors LLC, Akron $2,788.9 $1,476.1 88.9% $2,282 5,094 No minimum 2 Percentage of AUM, Russell Thomas A. Haught
9 (330) 375-9480/www.sequoia-financial.com (5) (5) (5) hourly rates, fixed fees Moenich president

CM Wealth Advisors Inc., Pepper Pike $2,638.4 $2,471.2 6.8% $2,385 497 $5,000,000 0 Percentage of AUM, Cynthia G. James W. Wert
10 (216) 831-9667/www.cmwealthadvisors.com fixed fees Koury president, CEO

Lincoln Financial Advisors/Sagemark Consulting, $2,374.0 $2,181.7 8.8% $0 21,000 $100,000 4 Flat fee, commission David Brian R. Deal
11 Woodmere
(216) 765-7400/www.lfa-sagemarkcleveland.com
and/or percentage of
AUM
Downing managing director, Ohio

HPM Partners LLC, Cleveland $1,999.9 $1,343.3 48.9% $2,000 494 $2,000,000 5 Fee only Benjamin A. Robert Smith, partner,
12 (216) 687-0700/www.hpmpartners.com (6) (6) (6) Pace Cleveland market leader

Fairport Asset Management, Cleveland $1,565.4 $1,410.1 11.0% $1,217 1,730 $1,000,000 5 Fee only JT Mullen Ken Coleman, Heather
13 (216) 431-3000/www.fairportasset.com John Silvis Ettinger, managing partners

Cedar Brook Group, Mayfield Heights $1,563.1 NA NA NA 3,916 No minimum 4 Negotiated Azim William Glubiak
14 (440) 683-9200/www.cedarbrookfinancial.com Nakhooda CEO

Carnegie Investment Counsel, Pepper Pike $1,442.0 $1,206.0 19.6% $1,232 965 $500,000 6 Fee only, percentage of Richard Alt Gary Wagner, Richard Alt,
15 (216) 367-4114/www.carnegieinvest.com AUM Arthur Merriman III, principals

Fairway Wealth Management LLC, Independence $1,151.0 $1,052.7 9.3% $0 179 $2,000,000 5 Fee based on assets Mark S. Daniel R. Gaugler
16 (216) 573-7200/www.fairwaywealth.com and/or services Weiskind CEO, managing director

Oak Associates Ltd., Akron $1,100.0 $930.0 18.3% $1,100 50 $3,000,000 3 Percentage of AUM Mark & James Mark & James Oelschlager,
17 (330) 668-1234/www.oakfunds.com Oelschlager co-CIOs

Carver Financial Services Inc., Mentor $1,089.5 $945.2 15.3% $0 2,143 $500,000 6 Fee and commission Team Randy Carver
18 (440) 974-0808/www.carverfinancialservices.com president

McDonald Partners LLC, Cleveland $984.0 $871.8 12.9% $356 2,474 No minimum 2 Fee and commission Bill Hegarty Thomas M. McDonald
19 (216) 912-0567/www.mcdonald-partners.com president, CEO

North Point Portfolio Managers Corp., Mayfield Heights $702.2 $674.0 4.2% $697 234 $500,000 4 Percentage of AUM Diane M. Ronald J. Lang
20 (440) 720-1100/http://nppmcorp.com Stack president, secretary

MGO Investment Advisors Inc., Beachwood $654.1 $626.3 4.4% $321 3,303 $15,000 5 Percentage of AUM Michael B. Ronald S. Gross
21 (216) 771-4242/www.mgo-inc.com Moskal CEO

First Fiduciary Investment Counsel Inc., Independence $556.5 NA NA $557 432 $1,000,000 3 Percentage of AUM Mary Mary Anderson
22 (216) 643-9100/www.firstfiduciary.com Anderson, Bill
Henry
president

Winslow Asset Management Inc., Beachwood $553.7 $609.0 -9.1% $538 126 $1,000,000 5 Percentage of AUM Gerald W. Gerald W. Goldberg
23 (216) 360-4700/www.winslowasset.com Goldberg CEO, CIO

St. Clair Advisors LLC, Mayfield Heights $526.0 $488.9 7.6% $526 360 $2,500,000 2 Fee only, fixed or based David W. Ronald E. Bates
24 (216) 925-5670/www.saintclairadvisors.com on AUM Sommer CEO

Beese Fulmer Private Wealth Management, Canton $517.2 $458.0 12.9% $517 489 $500,000 4 Percentage of AUM, fee Dennis S. Dennis S. Fulmer
25 (330) 454-6555/www.beesefulmer.com only Fulmer president, principal

Aurum Wealth Management Group LLC, Mayfield Village $504.6 $453.1 11.4% $382 227 $1,000,000 2 Fee only Michael T. Chris Bart, managing
26 (440) 605-1900/www.aurumwealth.com McKeown director, principal; Eric Wulff,
managing director

Landing Point Financial Group, Avon $478.0 $454.0 5.3% NA 2,497 $1,000 2 Percentage of AUM Joe L. Flinner Joe L. Flinner
27 (440) 934-7100/www.landingpointfinancialgroup.com president, CEO

Cornerstone Capital Advisors, Uniontown $472.5 $534.4 -11.6% $472 1,690 $100,000 4 Fee only Mario C. Mark W. Fearigo, Mario C.
28 (330) 896-6250/www.ccadvisors.com Giganti Giganti, principals

Chapman & Chapman Inc., Twinsburg $457.8 $406.2 12.7% $0 650 No minimum 2 Fee and commission, Philip J. Amos Walter K. Chapman
29 (440) 287-7600 /www.chapmanandchapman.com percentage of AUM CEO

Vantage Financial Group Inc., Independence $427.0 $429.0 -0.5% $317 1,942 No minimum 20 Fee and commission NA Autumn A. Taylor
30 (216) 642-7878/www.vanfin.com senior vice president

Van Cleef Asset Management Inc., Beachwood $405.0 $351.6 15.2% $395 115 $1,000,000 5 Percentage of AUM Geoffrey Geoffrey Hauck, CIO,
31 (216) 464-0253/www.vancleefinc.com Hauck
Lino Sergo
principal; Martin Burke Jr.,
portfolio manager, principal

Demming Financial Services Corp., Aurora $366.7 $339.3 8.1% $367 2,500 No minimum 1 100% fee based on David William David William Demming
32 (330) 562-2122/www.demmingfinancial.com AUM Demming Jr. president

RESEARCHED BY CHUCK SODER

Want the full version of this list Ñ and every other Crain's list? Become a Data Member: CrainsCleveland.com/data
The digital version of this list includes 47 companies and names of additional executives. Information is provided by the companies. Send all feedback to Chuck Soder: csoder@crain.com.
(1) As of Dec. 31 (2) AUM stands for assets under management. (3) Firms have full control over how client assets in this category are invested; figures as of Dec. 31. (4) Ancora acquired Inverness Holdings of Beachwood in 2016.
(5) Sequoia acquired RAV Financial of Beachwood in 2016; figures as of Jan. 31. (6) HPM acquired Spero-Smith Investment Advisors of Cleveland in 2016.
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PA G E 3 0 | M AY 2 9 - J U N E 4 , 2 017 | CRAIN’S CLEVELAND BUSINESS

Ohio City apartment project gets update

By STAN BULLARD

sbullard@crain.com
@CrainRltywriter

After three years of site acquisi-

tion, property demolition and plan-
ning, developers of the $50 million
One Twenty West apartments in
Ohio City near the Hope Memorial
Bridge plan to take updated designs
soon to Cleveland City Planning
Commission.
The original plan for a 500-suite
apartment complex has been divided
into two phases, with a 300-suite first
phase proposed immediately. An-
other 200 suites will go up in a later
second phase, according to Andrew
Brickman, principal of Warrensville
Heights-based Brickhaus Partners.
Apartment investor-developer
Dan Siegel’s Integrity Real Estate
Group of Beachwood also has joined
the project since its first airing in late
2013. The plan for the One Twenty West apartment complex in Ohio City now calls for a 300-suite first phase that would start soon. (Vocon rendering)
“We didn’t want to bring 500 units
on the market on day one,” Brickman “We wanted to keep it take advantage of the dramatic views now with Vocon’s Denver Brooker, recently surveyed apartments in
said. of the skyline, Cuyahoga River and Michael Christoff and Krystal downtown Cleveland, Ohio City,
Dividing the project allows the first local. I see too many Lake Erie,” Brickman said. “There will Knapik.” Tremont and University Circle and
phase to start construction later this
year or early next, depending on
out-of-town be a 20-foot glass wall overlooking
the city skyline. It will be consistent
Asked if a local firm was less ex-
pensive than a high-profile outside
found an occupancy of 95.8%. He
had expected the figure to be more
when the plan gets final city approv- architects coming with other Brickhaus properties in firm, Brickman said, “I wish. Large like 94% because several projects are
als and secures financing. Moving terms of classic and timeless mod- international firms have vast libraries in lease-up, 900 are under construc-
back the timeline for 200 suites may
here to do our ernism. It will have simple lines, ele- of other apartment buildings. They tion and another 2,200 are in the
also explore converting the concept signature buildings.” gant materials and attention to de- can go in, pull a design for suites off a planning pipeline.
to for-sale condominiums, Brickman tails. Our goal is to make it an iconic shelf and tweak it. Ours don’t, and we “It’s surprisingly really, really
said. Although local apartment occu- — Andrew Brickman, principal building for Cleveland.” want to change that.” good,” Vogt said.
pancies have remained high, more of Brickhaus Partners The project also breaks the mold The project also calls for one- and He said unknowns developers face
than 2,500 rental units are bound for because Brickman said the develop- two-bedroom micro-apartments, include how many millennials con-
downtown Cleveland and the city’s The developers went with a shorter ers conducted a competition be- which are about 20% smaller than tinue to live at home and when they
West Side. height and expanded plans for first- tween out-of-town architects such as typical units. move out to rentals, and how many
The design calls for a four-story floor retail in the structure at the re- RTKL and decided to go with Cleve- Caution about adding new apart- empty-nesters are being attracted by
building with two floors of under- quest of local development corpora- land-based Vocon as the designer. ments while still proceeding with the buzz of a resurgent downtown.
ground parking on the site on the north tions. That change allows the street to “We wanted to keep it local,” Brick- them is not new to Cleveland, which He estimates 30% of millennials are
side of Lorain Avenue on the opposite be more active and gives the project man said. “I see too many out-of- traditionally was a slow-growth living with their parents and are not
side of a hill that the project shares with better visibility from Lorain. town architects coming here to do apartment market until 2008. yet in the housing market.
Grove Court Condominiums. “It will be an architecturally signif- our signature buildings. We have Robert Vogt, managing director of Brickman was more sanguine: “If
“By zoning, we could have gone 13 icant building with the lobby and ter- many talented architects in town Columbus-based housing consultant you don’t bring jobs here, it doesn’t
stories on the site,” Brickman said. races and amenities positioned to we’ve worked with in the past and Vogt Strategic Insights, said his firm really matter.”

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INVESTORS
CONTINUED FROM PAGE 3
“But we felt this was not the right av-
enue for them to pursue,” Clutterbuck
Sr. said. “Ryan felt it. Bob (Jr.) felt it. I felt
it. It would’ve been the most expensive
source of capital for shareholders.”
Clutterbuck contacted Evercore
Partners, a New York investment bank
and Straight Path’s financial adviser in
the situation, to pitch a better deal,
one that would ultimately amount to
$17.5 million in debt financing with
warrants for company stock.
But Clutterbuck needed some part-
ners to pool the financing together.
The art of the deal
Evercore seemed incredulous at first
at Clutterbuck’s pitch. They’d never
heard of this Cleveland firm before.
They contacted Straight Path, whose
CEO, Davidi Jonas, vouched for the
team of their longtime shareholder.
Meanwhile, Clutterbuck, which
was competing against proposals
from other large New York hedge
funds, was then faced with assem-
bling the loan quickly and quietly.
The firm reached out to its contacts
at Cleveland’s The Ancora Group and,
according to company filings, individ-
ual investors connected to Columbus’
Stonehenge Partners Inc. Clutterbuck
also brought on Calfee, Halter & Gris-
wold LLP for support.
Clutterbuck went two for two on
calls with partners it was well-connect-
ed to — a major win for investors who
want to keep their work under wraps.
The plan’s upside was promising, but
the lack of downside risk was compel-
ling, Clutterbuck Sr. said. The syndicat-
ed loan received 252,161 warrants with
a strike price of $34.70 based on the av-
erage stock price around the time.
The loan came with 5% interest, was
callable at $103 a share and matured
on Dec. 29. The loan’s backers also had
a top lien on the sale of any asset be-
hind just the government itself.
From left, Robert Clutterbuck Jr., Ryan Crane and Robert Clutterbuck
Sr. put together what proved to be a lucrative deal. (Contributed photo)
A solid return seemed likely. The
risk was low. And Clutterbuck’s part-
ners were sold.
“We knew it was a possibility this
could be something this lucrative,
but we thought it was a low probabil-
ity,” said Brian Hopkins, co-director
of Ancora’s hedge fund group. “This
was a pretty exceptional opportunity
in that when you get something this
safe, typically you don’t have nearly
this kind of upside.”
The upside that would eventually
come via the massive sale to Verizon
was some added “gravy, if you will,”
Hopkins said.
The debt deal was pieced together
after about five days of near non-stop
negotiations.
Once consummated, Clutterbuck
had a large (but undisclosed) stake in
Straight Path alongside its co-investors.
With its fine paid, the company was
now an attractive acquisition target.
Investors simply had to sit and
wait for a sale to come.
It didn’t take long.
The sale
AT&T’s offer for Straight Path was
announced April 10. Over the next
four weeks, Verizon and AT&T bat-
tled over the company, making high-
er and higher bids.
The stock surged to a peak of
$230.68 on May 10. Verizon’s deal
was announced the next day.
Investors couldn’t have asked for a
better scenario than two corporate
behemoths jocking over a tiny, unique
company. No other firm had the net-
work Straight Path offered. A couple
other similar, privately held firms
were acquired by those companies
before this one, but those terms were
never unsealed. The worth of the
company was truly anyone’s guess.
And it ballooned appropriately.
“In any situation where there are
two interested parties, people are go-
ing to move fast,” said Clutterbuck Jr.,
calling it the deal of a lifetime. “That’s
what happened here. The perfect
scenario played out. And our inves-
tors are very pleased.”
Clutterbuck, the small but quietly
successful investment firm, was now
on other radar screens. Calls from
Wall Street hedge fund managers
started blowing up their phones.
Each wanted the Clutterbuck team to
call them on their deals in the future.
Truly, Clutterbuck, and Cleveland
investors, garnered Wall Street envy
that day.
“Here in Cleveland, we beat out all
the other guys,” Clutterbuck Sr. proudly
said. “There will eventually be a new
number one deal. But to be part of a
record-breaking worldwide M&A deal,
and to be at the epicenter of it here in
Cleveland is a pretty exciting thing.”
And what do Clutterbuck’s deal
partners think? They’re laughing all
the way to the bank.
“This was all pleasantly surpris-
ing,” Hopkins added with a quiet
chuckle. “We are extremely happy. I
told Bob I owe him a steak anywhere
he wants in Ohio.”
MUSEUM
CONTINUED FROM PAGE 6
Prufer said one of her favorite
tours, called “Women’s Work,” in-
cludes portraits of women from dif-
ferent time periods. The participants
are asked to use their imaginations
to, for example, think of what it would
be like to go to a party at one of the
women’s houses.
The tours give individuals with
memory loss and their caregivers a
social experience, as well as a sense
of normalcy, Prufer said.
Plant said Youngstown’s tours will
have benefits to professional caregiv-
ers, as well as the attendees with de-
mentia or Alzheimer’s. The programs
will help them get to know the people
they are caring for in a new way, she
said, bringing back a “sense of per-
sonhood.”
Museums that deal with history
already have collections that can be
used to easily spark memories, so
these kinds of programs are a “natu-
ral fit” for them, said Bethany Haw-
kins, chief of operations at the
American Association for State and
Local History.
More inclusive programs also
help museums fulfill their mis-
sions of connecting people with
history, albeit in a different way
than may be traditional. And, she
said, becoming a resource to the
community will help sustain mu-
seums.

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AKRON
The Dish: Jennifer Karpus-Romain
Historic Kent train depot to get new Italian spot
Kent State University grad and
PGA golfer Ben Curtis may have won
the 2003 British Open, but he’s con-
centrating on another part of Europe
in a venture close to home.
Curtis is among the partners turn-
ing the historic train depot in Kent,
most recently home to the Pufferbel-
ly Restaurant, into Treno Ristorante.
The upscale Italian restaurant featur-
ing a Northern Italian cuisine is set to
open mid-June.
Curtis’ co-owners are longtime
Kent businessman Ronald Burbick
and local restaurateur Mike Awad.
And the building itself is only one
part of this restaurant’s place in
Kent’s history.
“(The building) was built in 1875
by the Atlantic and Great Western
Railroad,” Burbick said about the for-
mer train depot located on Franklin
Avenue. The depot closed around
1968 and the building is owned by
the Kent Historical Society, from
which the Treno owners are renting
the space. The location was home for
25 years to the Pufferbelly, which
closed at the start of the year.
When Burbick heard Pufferbelly
was closing, he was hesitant to think
about a new venture in the spot.
“I said, ‘Guys, I’m 72 years old. I’ve
been retired four times. I don’t need
another project,’ ” he said.
But Burbick first signed on as an
agent and that changed once he
spoke with frequent partner Awad
(the two co-own the Franklin Hotel
Bar with Mike Bedar, and Burbick is
Awad’s landlord for his Laziza
Restaurant). They decided to jump
into another project together, along
with their wives, Joan Burbick and
Nicole Awad. Also co-owning Treno
is Ben and Candace Curtis, and Dar-
rin and Michelle Hartman.
Awad said he spoke with Curtis, who
Program fosters diversity along supply chain
By RICHARD WEINER
clbfreelancer@crain.com
Veronica Cook-Euell is leading a
mission at Kent State University and
coming up with some unique pro-
grams as a result.
Cook-Euell, KSU’S supplier diver-
sity program manager, is the first ad-
ministrator to hold a position specifi-
cally designed to recruit
minority-owned businesses to sup-
ply the university and one of the first
in the state, said Timothy J. Konczal,
director of KSU’s procurement de-
partment.
“We take supplier diversity very se-
riously,” Konczal said. “She’s always
out searching for minority partners
to try to nurture so that they can be-
come a viable supplier for us — al-
most like creating a business incuba-
tor. Her mission, and her long-term
goal, is simply to improve the busi-
ness climate here.”
An outgrowth of Cook-Euell’s un-
dertaking is a unique public-private
partnership designed to teach mi-
nority business owners in the con-
struction trades how to bid for con-
tracts at KSU. The result is a
nine-week workshop, co-sponsored
by the university and Turner Con-
struction Co., that just graduated its
first class of 14 participants on May 9.
CRAIN’S CLEVELAND BUSINESS
Treno Ristorante will open in the train depot in Kent that used to house the Pufferbelly. (Sue Walton for Crain’s)
lives in Kent, a while ago about doing a
venture together in Kent, and Burbick
indicated he’d like to be a part of it.
When the old depot became avail-
able, it really got their attention, Cur-
tis said.
“Such a great building that has
been such important landmark for
Kent … would make a great business
opportunity,” he said.
While the new owners knew the
building had been neglected, they
didn’t realize how badly, they said.
“We are revamping it from (1981),”
Awad said.
They ended up putting in all new
electrical, plumbing, HVAC, a boiler,
a new bar and bar equipment. They
The path to the new workshop
starts with a proprietary minority
business database Cook-Euell devel-
oped at the university. While any
company can bid on university proj-
ects, KSU is always looking to expand
its use of minority suppliers.
Now in its second stage of growth,
the database lists about 1,200 mi-
nority suppliers and is available to
any end-user at the university. The
database lists each company’s skills,
certifications, past projects, services
offered, key clients and a narrative.
To qualify as a minority-owned
business under Ohio law, more than
51% of ownership must be Afri-
can-American, Asian, Hispanic, or
woman-owned. The university also
includes veterans in the bidding pro-
cess, Cook-Euell said.
In looking at ways to expand the
opportunities for companies in her
database, Cook-Euell approached
Turner Construction because of a
longtime program the company al-
ready was offering.
Turner Construction has been of-
fering its Turner School of Manage-
ment since 1969, said Jason Jones,
vice president and general manager
for Turner’s Northeast Ohio office.
The annual 12-week workshop at the
Cuyahoga Community College Met-
ro Campus is specifically designed to
increase opportunities for minority-
also gutted the kitchen.
“It was important to us to keep the
historical integrity of the building
during this transformative renova-
tion,” said Michelle Hartman, execu-
tive vice president and COO of the
Burbick Companies. “For example,
we are maintaining the exposed brick
walls and cleaning and polishing the
terrazzo flooring in the main dining
room instead of covering it with car-
pet, as was previously done.”
Structurally, the exterior is in pret-
ty good shape, Ronald Burbick said.
The partners are making a signifi-
cant investment in the space.
“It’s costing us about a little more
than twice than we originally
Veronica Cook-Euell, manager of
KSU’s supplier diversity program,
speaks at the program’s May 9
ceremony. (Shane Wynn for Crain’s)
and women-owned construction
businesses.
“I knew that Turner had been do-
ing their supply management pro-
gram for years, and I reached out to
them,” said Cook-Euell, to see if they
could create a three-way partnership
with the university as the host and
educational component, the state of
Ohio as the purchaser, and Turner as
both a private contractor and a veter-
an of this kind of training program.
Kent State came to the table with
Cook-Euell’s office, the Office of the
University Architect, and the College
of Applied Engineering, Sustainabili-
planned,” Burbick said.
It’s a $600,000 investment. The
original estimate was $250,000 to
$300,000, he said.
One of the biggest attractions for
patrons may be Treno’s free valet
parking to their 42 parking spaces.
And, of course, the food.
“What we’re looking to do is stay
with traditional Italian food,” Awad
said, including homemade pasta,
bread and sauces. The partners chose
an upscale, Italian theme after get-
ting feedback from patrons about
what kind of restaurant Kent needed,
Hartman said.
“We’re not looking at very high
dishes. At the same time, everyone
ty, and Technology, along with the
university’s educational facilities.
“We had one meeting with Veroni-
ca and we were sold on the project,”
Jones said.
“We have been working with Kent
State for the last three years,” he said,
and particularly with the state’s
EDGE (Encouraging Diversity,
Growth and Equity) guidelines,
which recommend at least a 15% mi-
nority stake in any state-financed
project.
Indeed, any tour of Kent in the past
few years would have run into Turner
Construction signs attached to any
number of projects on campus.
The minority training program
originated in Turner’s Cleveland of-
fice and has spread to many of the
company’s other locations, Jones
said. The classes “try to teach all as-
pects of the construction industry” to
potential minority subcontractors,
including sales, marketing, bidding,
scheduling, site logistics, insurance,
quality control and anything else that
can give an edge in this highly com-
petitive field, he said.
Following that first meeting, Jones,
Cook-Euell and their teams went to
work melding Turner’s knowledge
base with the needs of the university.
The result, Cook-Euell said, was a
program that wound up being about
60% Turner materials and 40% origi-
Treno Ristorante,
at a glance
Where: 152 Franklin Ave. in Kent
When: 11 a.m.-10 p.m.
Monday-Thursday; 11 a.m.-11 p.m.
Friday-Saturday.
The vibe: A white-tablecloth Italian
restaurant with historical décor
ranging from steam engines to a
replica of Kent resident Ben Curtis’
British Open trophy.
Menu: Classic Northern Italy cuisine
prepared in house from scratch with
fresh ingredients, including locally
sourced products as available. Sunday
brunch to come in the near future.
can come and enjoy a meal at a very
reasonable price,” he added.
The bar and part of the dining area
will pay homage to Curtis.
“I went to school at Kent State and
golfed for the golf team,” Curtis said.
“And fortunately was able to win the
British Open, one of the biggest
events in golf.”
There will be items and memorabil-
ia that depict Curtis’ golf career, Bur-
bick said, including a replica of the
British Open trophy, the Claret Jug.
Finishing touches will be complet-
ed in the next few weeks, and Awad
can then start training his new staff of
35 employees — half of whom will
work part-time and half of whom will
work full-time.
Oak & Embers update: With an
original open date of early February,
the new Oak & Embers location in
Hudson hit a snag and now aims to
open in July, said owner Marc Garo-
foli, who declined to talk specifics of
the holdups. He did say the space is
beautiful inside.
nal KSU materials.
The KSU class materials included
presentations and discussion on top-
ics such as LEED (Leadership in En-
ergy and Environmental Design) sys-
tems and lean construction,
scheduling, field operations, estimat-
ing and bidding, project delivery sys-
tems and contract risk, accounting,
insurance and marketing, and a spe-
cial discussion on working with state
universities and institutions.
Beyond in-class training, both
Cook-Euell and Jones note, the net-
working opportunities for class par-
ticipants are ample, both with
end-users and one another.
One class participant, Teresa
Golden, owner of Canton’s Environ-
mental Flooring Group LLC, is effu-
sive in her praise for the program.
“I learned so much about how to
develop and grow my company,” she
said. “They covered so many topics.
This has been a great opportunity,
because I’ve met many small busi-
ness owners like myself.”
This first class was considered to
be a pilot effort, Cook-Euell said, but
has been successful enough that an-
other class is scheduled for the fall.
And, while nothing has been ap-
proved yet, Cook-Euell hopes con-
struction is just the start. She’s said
she’s working on other programs for
other businesses.
 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 3 5

AKRON

As our love for pets grows, so does insurer

By JUDY STRINGER customary” charges — as is done in
human health insurance — to those
clbfreelancer@crain.com based on a percentage of actual
charges, which decreases out-of-
Ask Liz Watson about what she pocket costs for customers, McGeddy
does for a living and she will tell you, said.
“I work for the coolest company in Watson thinks much of Crum &
the coolest industry you’ve never Forster’s current growth is linked to a
heard of.” new Complete Coverage package
Watson is chief marketing officer Rushovich Watson that allows customers to choose the
for Crum & Forster Pet Insurance type of services that are covered, the
Group, one of the oldest and largest village in 1997, not a cutesy nod to percentage of reimbursement and
pet insurers in the United States. that affection. A New York-based their deductible.
Nestled in the shadow of the land- hedge fund investor brought “You can get the amount of cover-
mark Lockheed Martin Corp. Airdock Rushovich on board in 2005, and age you need that fits into your bud-
on Massillon Road, it provides health Hartville Pet Insurance moved to get,” she said.
insurance for companion animals — North Canton one year later. Going forward, the company has a
dogs and cats primarily, but more re- Early on, Rushovich set out to dif- multichannel plan to get a growing
cently horses, too. Plans typically ferentiate Hartville by aligning the slice of the expanding pet insurance
cover accidents and illnesses, al- insurance company with the Ameri- pie.
though preventative coverage is can Society for the Prevention of Some of those channels, like vet
available. Cruelty to Animals, aka the ASPCA, reps and direct-to-consumer, have
The Akron business was known as one of the world’s largest humane been in place for years. Others are
Hartville Pet Insur- societies. It’s a dog’s life for Lucy, the office pooch of Crum & Forster Pet emerging, most notably companies
ance Group until last “Ten years ago, In 2006, Hartville Insurance’s Akron location. (Contributed photo) making pet insurance a benefits op-
month, when it ad- approached the AS- tion for their employees.
opted the name of we had 48 CPA about donating sued 400,000 policies and processed When pet parents wanted preven- Pet insurance ranks as one of the
parent company and
specialty insurance
employees and apolicy portion of each
sold to the
more than 1.6 million claims. Gary
McGeddy, president of Crum & For-
tative care, the company added a
wellness rider. Age and breed restric-
two most requested voluntary bene-
fits in corporate benefit plans, Wat-
provider Crum & about 25,000 nonprofit, which in ster Accident and Health, which in- tions were removed in response to son said, often just behind identify
Forster Co. The re- turn agreed to en- cludes the pet insurance group, said consumer demand. theft coverage.
brand is meant to pet policies in dorse Hartville’s in- much of that success can be attribut- It also switched from reimburse- “We see that as an exciting growth
give Watson and her surance if it stopped ed to the ever-evolving product line. ments based on “reasonable and opportunity.”
team greater visibili- force. Today, covering services the
ty as they penetrate we employ ASPCA considered
the U.S. market- inhumane, such as Recognizing the fastest-growing companies in Northeast Ohio.
place, where cur- more than 150 declawing, tail dock-
rently only about 2% ing and ear crop-
of all pets are in- people and are ping. Soon after,
sured.
“The awareness is
at nearly Hartville added the
name ASPCA to its
not there as much as 120,000 policy line.
it is in other places, “It’s been ex-
like the U.K.,” she policies.” tremely successful.
said. “We think this We’ve had that
industry can get — Dennis Rushovich, Crum & brand and that part-
from the 2% to the Forster senior vice president nership for more
5%, but it really is than 10 years,”
still in that growth phase.” Rushovich said. “It is part of our
According to Watson, 65% of growth, part of our culture, and we’ve
American households — nearly 80 aligned ourselves very closely with
million families — own a dog or a cat. them”
Pet owners spent $63 billion on their Rushovich also was a founding
pets last year. That includes $16 bil- member of the North American Pet
lion worth of veterinary care, where Health Insurance Association, 30TH ANNIVERSARY
costs have increased 71% since 2006, launched in 2007. That was import-
driven primarily by greater utiliza- ant, Watson said, because “in an in-
tion and a wider range of treatments dustry that is starting to grow and The honor you’ve earned. The recognition you deserve.
and services, such as chemotherapy, does not necessarily have as much
hip replacements and root canals. market awareness as other insur-
Recurrent Harris Polls, mean- ance, you have to find a way to work
while, show that Americans are be- together collaboratively to raise the
coming more pet-centric in their atti- awareness of the product and come
SAVE THE DATE
tudes toward companion animals, up with best practices.” You’ve worked hard and done what it takes to make your business
with 95% of today’s pet owners saying In 2013, Crum & Forster, a long- a success. Now it’s time to see if you’ll land atop the 100 fastest
they consider their pet a part of the time underwriter for Hartville’s poli-
family — a trend not lost on market- cies, bought the company and added
growing companies in the region!
ers that frequently refer to owners as Hartville to its specialty insurance
“pet parents.” portfolio. NOMINATION FORM FOR THE 2017 WEATHERHEAD 100
And more pet parents are turning Watson said the financial where-
to insurance to manage higher veter- withal of Crum & Forster — which is OPENS JUNE 5, 2017.
inary costs and give Fido and Fluffy owned by Ontario-based Fairfax Fi-
the best care possible. As an industry, nancial, a $9.3 billion global financial Also, plan to join us THURSDAY, NOVEMBER 30 when we gather
Watson said, pet insurers have seen holdings business — allowed Hart-
14% to 15% year-over-year growth in ville to invest for growth. That meant to count down the 2017 winners.
the past three years, with about 1.6 moving out of the cramped North
million dogs and cats in the U.S. cur- Canton facility and into a newly ren- Questions? Interested in sponsorship Hosted by
rently insured. ovated, open and airy corporate
Crum & Forster is seeing policy headquarters in a building aban-
opportunities? Contact Cassie Pinkerton
growth rates closer to 20%. doned by Lockheed. at 216-368-0927.
“The company has developed real- The 25,000-square-foot office,
ly well with an increasingly pet-cen- opened in 2015, houses a state-of- www.weatherhead100.org
tric culture,” according to senior vice the-art call center, a data center, a
president Dennis Rushovich, who cafeteria appropriately named the
oversees the Akron outfit. “Ten years “chow room” and an outdoor play
ago, we had 48 employees and about area for dogs. Presented by Sapphire Sponsor Publishing Partner
25,000 pet policies in force. Today, “We have over 30 dogs in the office
we employ more than 150 people every day,” Watson said. “Little ones.
and are at nearly 120,000 policies.” Big ones. Some people will bring in
Yes, Americans love their pets, but two. Young. Old. They’re are all here.”
the Hartville moniker was derived In its 20 years of business, Crum &
from its founding in the Canton-area Forster Pet Insurance Group has is-
 CRAIN’S
WOMEN OF NOTE AWARDS
PRESENTED BY

ANNOUNCING
THIS YEAR’S
2017 HONOREES
JODI L. BERG, President and CEO,
Vita-Mix Corporation (Vitamix)
ERICA CALDERAS, Partner,
Hahn Loeser & Parks
DOREEN CANNON, President,
Plumbers Local 55 and Chair, Cleveland
Building Trades Tradeswomen Committee
HALLE JONES CAPERS, SVP,
Operations and manager,
Transportation, G. Stephens Inc.
COLLEEN M. COTTER, Executive direc-
tor, Legal Aid Society
GINA M. CRONIN, Executive director —
Global Leadership and Learning
Institute, Cleveland Clinic
KIRSTEN M. ELLENBOGEN,
President and CEO,
Great Lakes Science Center
KELLY FALCONE-HALL, President and
CEO, Western Reserve Historical Society
CONSTANCE HILL-JOHNSON, Owner
and CEO, Visiting Angels, Cleveland
ELIZABETH NEWMAN, President and
CEO, Centers for Families and Children
ANNE P. NOONAN, President and CEO,
OMNOVA Solutions
SHARLENE RAMOS-CHESNES,
President and CEO, InterChez
LAUREN RICH FINE, CFA managing
director, Gries Financial LLC
PATRICIA SHLONSKY, Partner-in-
charge, Ulmer & Berne LLP; chair,
Tax Group; chair, Employee Benefits
MICHELLE TOMALLO, President
and co-founder, FIT Technologies

Cleveland Foundation Women of Note Legacy Award Winner

Beth Mooney, Chairman and CEO, KeyCorp
Turning passion into purpose for generations of women

DATE: July 18, 2017

FirstEnergy Stadium – City Club Level
FOR TICKETS AND INFORMATION, visit www.crainscleveland.com/WON

SPONSORS:

Event/Registration Questions: Megan Lemke at 216-771-5182 or mlemke@crain.com

Sponsorship Opportunities: Nicole Mastrangelo at 216-771-5158 or nmastrangelo@crain.com

TAX LIENS
The Internal Revenue Service filed
tax liens against the following
businesses in the Cuyahoga County
Recorder’s Office. Liens reported
here are $5,000 and higher.
LIENS FILED
Biskind Contract Cleaning LLC
6777 Engle Road, Suite I, Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding,
unemployment
Amount: $170,320.16
Stroud-Lawrence Funeral Home
95 S. Franklin St., Chagrin Falls
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $80,719.03
The P & S St. Clair Liquor Inc.
16208 St. Clair Ave., Cleveland
Date filed: March 28, 2017
Type: Corporate income, employer’s
withholding, unemployment
Amount: $39,972.96
Halo Metal Prep Inc.
5712 Brookpark Road, Unit C,
Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $33,452.98
DeLoach Orthodontics Inc.
5 Severance Circle, Suite 805,
Cleveland Heights
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $32,920.28
Capitol Painting Inc.
P.O. Box 307, Chagrin Falls
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $32,059.81
Parma Pre-School Inc.
5280 Broadview Road, Parma
Date filed: March 28 and April 26,
2017
REAL ESTATE Phone: (216) 771-5276
Contact: Lynn Calcaterra
AUCTIONS
Type: Employer’s withholding
Amount: $30,957.82 (total of two
liens)
Incredible Kids Childcare &
Preschool Center
4651 Northfield Road, North Randall
Date filed: March 28, 2017
Type: Failure to file complete return
Amount: $28,852.70
Taylor Financial Group Inc.
26827 Normandy Road, Bay Village
Date filed: March 28, 2017
Type: Employer’s withholding,
corporate income
Amount: $21,456.36
Medical Care Center LLC
1250 Superior Ave. E., Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $19,634.59
Paul F. Smith Jr. DDS Inc.
3461 Warrensville Center Road, Suite
306, Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $18,207.27
TMG Services Inc.
8100 Grand Ave., Suite 100,
Cleveland
Date filed: April 26, 2017
Type: Employer’s withholding
Amount: $17,027.98
Art American Printing Plates Inc.
1138 W. 9th St., Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $13,872.72
Bradley Metal Fabrication LLC
17600 S. Waterloo Road, Cleveland
Date filed: April 26, 2017
Type: Employer’s withholding
Amount: $12,637.57
E-mail: CLBClassified@crain.com
COMMERCIAL
PROPERTY
§ §
CRAIN’S CLEVELAND BUSINESS
Professional Health Record
Consultants Inc.
13421 Highlandview Ave., Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding,
unemployment
Amount: $10,501.21
Tomo Hibachi Restaurant
and Lounge
1293 W. 9th St., Cleveland
Date filed: April 26, 2017
Type: Employer’s withholding
Amount: $10,396.65
Poorich Tires Inc. (Poorman Richman
Tires)
11702 Superior Ave., Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding,
unemployment
Amount: $9,203.74
Watsons Funeral Home Inc.
10913 Superior Ave., Cleveland
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $8,319.28
Satkabir Inc. (J&M Food Market)
2000 Warrensville Center Road,
South Euclid
Date filed: March 28, 2017
Type: Corporate income, employer’s
withholding, failure to file complete
return
Amount: $8,283.61
William E. Crowe MD Inc.
6681 Ridge Road, Suite 204, Parma
Date filed: April 26, 2017
Type: Corporate income
Amount: $7,020
Protax LLC
32499 Pinetree Road, Pepper Pike
Date filed: March 28, 2017
Type: Employer’s withholding
Amount: $5,592.03
CLASSIFIED
Copy Deadline: Wednesdays @ 2:00 p.m.
All Ads Pre-Paid: Check or Credit Card
FOR SALE BUSINESS
SERVICES
| M AY 2 9 - J U N E 4 , 2 017 | PA G E 3 7
LIENS RELEASED B & E Construction Inc.
1226 E. 152nd St., Cleveland
Job Placement Services Inc.
Date filed: June 16, 2008; Dec. 23,
14729 Puritas Ave., Cleveland
2016
Date filed: Nov. 10, 2008
Date released: March 28, 2017
Date released: April 28, 2017
Type: Employer’s withholding,
Type: Employer’s withholding
corporate income
Amount: $235,462.67
Amount: $17,393.48 (total of two
Integrity Waterproofing Inc. liens released)
1334 Summit Ave., Lakewood
Westlake Methodist Church
Date filed: April 30, 2007; Feb. 23, 27650 Center Ridge Road, Westlake
2009; May 4, 2009; April 26, 2011;
Date filed: Sept. 14, 2016
Jan. 18, 2012
Date released: March 28, 2017
Date released: April 5, 2017
Type: Employer’s withholding
Type: Employer’s withholding
Amount: $16,009.38
Amount: $96,077.96 (total of five
liens released) Mindlin Consulting Group Inc.
14837 Detroit Road, Suite 306,
William E. Crowe MD Inc.
Lakewood
6681 Ridge Road, Suite 204, Parma
Date filed: Dec. 8, 2014
Date filed: Sept. 3, 2015
Date released: March 28, 2017
Date released: April 26, 2017
Type: Employer’s withholding,
Type: Employer’s withholding,
corporate income
unemployment
Amount: $15,302.48
Amount: $62,390.37
Metro Equipment Sales & Service
Spectrum Home Health Care LLC
17900 Miles Road, Warrensville
2000 Auburn Drive, Suite 200,
Heights
Beachwood
Date filed: Dec. 6, 2016
Date filed: Aug. 14, 2014
Date released: April 26, 2017
Date released: March 28, 2017
Type: Annual tax return
Type: Employer’s withholding
Amount: $8,726.24
Amount: $41,245.69
Blues To You Inc.
CBR Regulatory LLC
812 Huron Road E., Cleveland
27800 Belcourt Road, Pepper Pike
Date filed: April 10, 2014
Date filed: April 4, 2014
Date released: March 28, 2017
Date released: March 28, 2017
Type: Corporate income
Type: Employer’s withholding
Amount: $6,825
Amount: $37,357.16
Transnational Property Investments
Expert System Applications Inc.
LLC
26401 Miles Road, Cleveland
3473 Fairmount Blvd., Cleveland
Date filed: May 12, 2015
Date filed: Aug. 11, 2016
Date released: March 28, 2017
Date released: March 28, 2017
Type: Employer’s withholding
Type: Employer’s withholding
Amount: $27,746.42
Amount: $5,730.01
CRAIN'S CLEVELAND BUSINESS μ MAY 29, 2017 μ PAGE 37
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industrial or retail space Global Industrial Consulting business card to
OLMSTED FALLS here! Construction • Acquisitions promote
SUBDIVISION Exporting • Financing your service.
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CONSTRUCTION LAW LAW

Paul Hervey
Joseph Monroe II
Family Law Attorney
Associate
Day Ketterer
Gallagher Sharp LLP

Day Ketterer is pleased to

announce Paul B. Hervey has joined
the Firm as a Member attorney
practicing in the area of Domestic Relations and
Family Law. For more than 20 years, Paul has
assisted clients in complex family law matters
Bill Painter Rhonda Molenaar including divorce, dissolution, child custody, and
child support. His comprehensive domestic relations
Project Manager Controller experience encompasses the basic dissolution of a
marriage to multi-million dollar divorce cases
R. L. Hill Management, Inc. successfully defended all the way to the Ohio
Supreme Court.
Bill Painter joins the R. L. Hill Management team as our Project Manager after
recently working for Turner Construction. He will have complete oversight managing LAW
the projects. He is proficient in collaborating with the owner, the architect, and
engineers during pre-construction and constructionMr. Painter’s experience includes Dolores (Lola) Garcia
health care, retail, education, hospitality, and food service. Prignitz
Associate
Rhonda Molenaar joins the R. L. Hill Management team as our Controller. Ms.
Molenaar spent 3 years in public accounting before she began her construction Ulmer & Berne LLP
career as the Assistant Controller for Schirmer Construction and as the Controller for
Gorman-Lavelle. In late 2015 she took a one year sabbatical from her career, during Lola represents clients in complex
which time she lived in Kenya and Madagascar and volunteered at an orphanage and commercial litigation in federal and
a women’s clinic. state courts. Her practice focuses on commercial
matters, contract disputes, and business torts. She
has represented clients in a variety of industries,
LAW LAW including health care, finance, and telecommunica-
William T. Raiff Patrick A Hruby tions. She previously served as an Assistant United
States Attorney in the United States Attorney’s
Associate Associate
Office in the Northern District of Ohio Civil Division.
Walter & Haverfield LLP Walter & Haverfield LLP
Gallagher Sharp announces that
Joseph Monroe II has joined the
firm as an Associate. Joe received
his law degree from Case Western Reserve
University School of Law, cum laude, in 2010.
Before joining Gallagher Sharp, Joe served as a
Staff Attorney to the Hon. Carolyn B. Friedland,
Cuyahoga County Court of Common Pleas, an
Instructor at the Beijing, China, University of
Aeronautics and Astronautics, and as a Foreclosure
Mediator. For more information please visit
www.gallaghersharp.com.
LAW
Nicholas B. Buzzy
Associate
Gallagher Sharp LLP
Gallagher Sharp announces that
Nicholas B. Buzzy has joined the
firm as an Associate. Nick received
his law degree from Case Western
Reserve University School of Law, cum laude, in
2012, where he participated on the Ault Mock Trial
Team and was a finalist in the Dunmore Moot Court
Competition. Before joining Gallagher Sharp, Nick
served as an Assistant Prosecuting Attorney for
Summit County, Ohio. For more information please
visit www.gallaghersharp.com.

Walter & Haverfield LLP is pleased
to announce that William T. Raiff
has joined the firm as an associate
in its Real Estate Group. Bill focuses his practice on
commercial real estate matters and transactions,
including retail and residential leasing and the
disposition and acquisition of commercial proper-
ties. He earned his law degree, magna cum laude,
from Cleveland-Marshall College of Law. For more
information, visit www.walterhav.com.
Walter & Haverfield LLP is pleased
to announce that Patrick A. Hruby Crain’s People on the Move promotional feature showcases
has joined the firm as an associate
in its Corporate Transactions Group. Patrick’s Northeast Ohio job changes, promotions and board appointments.
experience includes representing banks and other Guaranteed placement inprint,
commercial lenders, commercial property owners,
creditors and debtors in the United States
online and in a weekly e-newsletter can be purchased at
Bankruptcy Court, and bankruptcy trustees, among
others. He is a member of the Ohio, Florida, and
Cleveland Metropolitan Bar Associations. For more www.crainscleveland.com/peopleonthemove.
information, visit www.walterhav.com.

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 CRAIN’S CLEVELAND BUSINESS | M AY 2 9 - J U N E 4 , 2 017 | PA G E 3 9

Source Lunch
Rafael Hernandez Brito
Spanish play-by-play voice, Cavaliers
Rafael Hernandez Brito — or Rafa “El Alcalde” (The Mayor),
as he’s often referred — moved from El Salvador to the
United States at age 16. When he found out his mechanical
engineering degree from Boston University wasn’t going to
help him as much as he thought (more on that in a bit),
Hernandez Brito got a sales job with a Coors distributor in
New York. ¶ “I was young, making a lot of money, but I wasn’t
in
MARKETING, ADVERTISING & EVENTS INSIGHTS.
sider
intel
happy,” he said. ¶ So he said he put on his “best suit,” told his
boss he was quitting and pursued a job about which he was
passionate — one in sports. ¶ Two decades later, Hernandez Brito has done it all — calling 13 Today’s Tip:
Super Bowls, the World Series, the Final Four, and 300 games with LeBron James back in Research has shown that the more
Cleveland. Hernandez has been the Spanish radio play-by-play voice of the Cavs on La Mega senses you engage during an event
87.7 FM since James returned in 2014. — Kevin Kleps the more an attendee will remember
and enjoy their experience.
Five things You’ve covered pretty much every Have you met another
major sporting event. Where does broadcaster that has a mechanical
New home in the U.S. Game 7 of the 2016 Finals rank on engineering degree?
Hernandez Brito is the youngest of that list? John Michael (the play-by-play voice
four. His parents were the last At the top of the list. I’ll tell you why: on the Cavs Radio Network) has a
members of his immediate family to Because I’ve done 13 Super Bowls, I mechanical degree and is a lawyer
move from El Salvador. They did the Final Four for the first time (in from Notre Dame. The two of us Look for multiple ways to stimulate the five senses
relocated to Sacramento about five 2017), I’ve done the World Series, I’ve actually left our careers. He left his at your event and through your marketing. Promote
years ago. done my Yankees (his favorite MLB law career to become a broadcaster.
team), I’ve done, like you said, I left my sales career to become a
your event through multiple avenues -- print
Eclectic list everything, but I never was invested broadcaster. I didn’t have to go that (touch); online (sight); or video (sound). Have an
“I listen to music a lot. I don’t 100% the way I am with the Cavs. It far (to find another). enticing and textured program at each setting so
discriminate,” he said of his was something that I never experi- your attendees can hold and feel it. Place a fragrant
wide-ranging tastes. enced before of all the things I’ve That was decision you made on a centerpiece at the table and provide engaging
covered. … I saw losers and winners, whim, that you wanted to try
Favorite part of his job but it never really meant anything. something else?
content along with an eye-catching presentation.
Calling the games. “That’s when you Game 7 was just unbelievable. From Well, I could never work as an
see the fruits of your work,” he said. watching the guys work day in and engineer because when I graduated I
day out, and seeing the sacrifices only had a permanent resident
Broadcasters he admires everybody puts in, especially with (card), and the jobs that I was looking
Jim Nantz and Bob Costas.
Hernandez Brito, who called his first
the way the Finals before that ended
with all of the injuries and everything.
for were only for U.S. citizens
because of national security. I
megan lemke
Final Four in 2017, said he wants to It was just surreal. wanted to work building jet engines. Events Coordinator,
one day reach the trifecta Nantz has Nobody bothered to tell me that Crain’s Cleveland Business
many times — calling the Super You’re the first broadcaster in the when I was going through my hell for
Bowl, Final Four and Masters. U.S. to call the finals of the three four years of engineering school. mlemke@crain.com
major sporting events (the Super
Green, but not with envy Bowl, NBA Finals and World Series) What do you try to bring to a
Hernandez Brito knows a thing or in Spanish. What’s that mean to broadcast?
two about suffering through bad you? I try to bring the way I look at the

How Crain’s can work for you:

football losses. He’s a Jets fan.
Lunch spot
Barroco
12906 Madison Ave., Lakewood
216-221-8127
www.barrocogrill.com
The meal
Barroco skewers — one with chicken
and one with steak — plus Colombian
Empanadas (fritters with shredded
beef), French Fries and a salad. One
had water and one had a soft drink.
The vibe
An unassuming storefront gives way
to an eclectic atmosphere inside the
Lakewood spot. (A Larchmere
location is coming soon.)
The bill
$55.08, plus tip
I didn’t realize it until I had the Finals
of the NBA. It was very important to
me because I was part of the whole
evolution of team broadcasting to
Spanish 20 years ago. I was the first
(Hispanic) voice of the Jets, the Nets
when they were in New Jersey, I did
St. John’s men’s basketball, a lot of
boxing, some UFC. In the beginning, it
was just doing little things to be in
the business. And when I called my
first Finals, it’s good to have
something that nobody else has
done, I guess. It’s not something that
I got to do by chance. I think I earned
it.
You travel with the Cavs. Is the
chemistry as good as it seems on
the outside?
Yes. There’s nothing made up. I’m a
Yankee fan, and when you think
about the Yankees, you think about
the Bronx Zoo from 1978, when they
said it was a 25-cab team (meaning
all the players went separate ways
after a game). Literally, this team is a
one-bus team. They genuinely like
each other, and the most amazing
thing about this chemistry is it’s a
whole bunch of different personalities
and backgrounds. ... It is a
brotherhood, I think, that starts with
23 (LeBron James) and ends all the
way down to the last guy. The way
they do get along — they have dinner
together when they’re on the road,
especially now in the playoffs.
game. A lot of people ask me if what
comes out of my mouth is planned,
and it never is. I always listen to
myself to critique myself and try to
get better. I think the energy that we
put into our broadcast, I think the
worst thing to say is we call the
game like it’s soccer because it’s not.
I think I have the privilege to watch
the game and say what I think is
going on. You’ve gotta prepare
yourself, but to bring that energy to
the broadcast, I think that is the
most important part.
What’s your favorite sport to call?
Football. It’s football and basketball.
Football, I love it because the
preparation is so amazing and so
challenging. The media packet you
get is like this big (he gestures to
show a stack of papers that’s a
couple inches high). When doing
football, I learned something that
was kind of eye-opening. I used to
admire these guys by listening on TV
and listening to all the stuff they
come up with. But then I realized,
they give it all to you. It’s just a
matter of how good of a storyteller
you are. But basketball I love
because I played it, so I feel
comfortable telling fans what you do
when you have your back to the
basket or have a bad pass. Obviously,
I never played at the level I work at,
but the fundamentals of the game
are the same.
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