Michael M. Vekich is CEO of Vekich Chartered in Minneapolis, and he recently became a member of BNCCORP's Holding and Bank Board of Directors.
Widely known as the "go-to guy," Vekich is an experienced senior executive known for innovative and effective leadership of complex organizations. Previously, he was the chairman of HF Financial Corp. (NASDAQ: HFFC) and Home Federal Bank; executive chairman, president, and chief operating officer of Skyline Exhibits in Eagan; CEO of Vekich Arkema and Company; president of The Bank Holding Company; and chair of the Minnesota Board of Accountancy, where he currently serves as the secretary/treasurer. Vekich has also served as the vice chair of Minnesota Ballpark Authority; as a member of the Rochester Higher Education Development Committee; and as a founding member and vice chair of the Minnesota Higher Education Services Council.
Vekich was a member of the Minnesota State Colleges and Universities Board of Trustees from 1996 to 2002, and he served as chair for four years. Gov. Tim Pawlenty appointed Vekich to the Board of Trustees in 2010 for a six-year term. Gov. Mark Dayton reappointed him to the Board of Trustees in 2016 for a six-year term ending June 30, 2022. He also continues to serve as president of the NACD Minnesota Chapter.
Vekich earned his Bachelor of Arts in Accounting, Business Administration, and Economics from the University of Minnesota.
Mary Schmid Daugherty, CFA, PhD, is the Family Business Center senior fellow in Applied Finance at the University of St. Thomas. She is actively involved in teaching, researching, consulting, and conducting corporate board work. She teaches courses at the undergraduate, graduate, and executive levels in corporate finance, investments, and strategic management. She also is the faculty director for the Aristotle Fund, a student-managed portfolio that directly manages $6.5 million of the University of St. Thomas endowment.
Daugherty's research and consulting interests focus on the impact of board and family governance on valuation. She is a frequent speaker on a variety of private business valuation topics, and she consults with private businesses on valuation, governance, and succession issues and has published in both academic and practitioner journals on these topics. She recently completed the fifth edition of Family Business with Ernesto Poza. The fourth edition, which she coauthored, is the most widely adopted college textbook on the subject of managing the family business.
Daugherty currently serves on the board of four for-profit companies: Crescent Electric Supply Company (Governance Committee chair); Mairs & Power Funds Inc. (chairperson of the board); The Meritex Company (Audit chair); and Driessen Water Inc. She also serves as the program chair for the nonprofit board of the Minnesota Chapter of the National Association of Corporate Directors. In addition to these current board positions, Daugherty has held a variety of leadership positions in the Chartered Financial Analyst Society of Minnesota, including Education chair, Ethics chair, and president.
John Stout practices in business organization, finance, and governance at Fredrikson & Byron PA, a Minneapolis-based law firm with offices in Iowa, North Dakota, Mexico, and China. From 2011 to 2014, he was chair of the Corporate Governance Committee (CGC) of the American Bar Association's Business Law Section. He is a member of the Section's Governing Council and serves as vice chair of the Section's Committee on Corporate Social Responsibility (focusing primarily on business sustainability matters) and cochair of the CGC's Artificial Intelligence Task Force.
Stout cochairs Fredrikson's Corporate Governance and Corporate Sustainability and Social Responsibility Groups, as well as a working group on artificial intelligence. He is also a member of Fredrikson's Corporate, Securities, Mergers & Acquisitions, and International Groups. He advises executives, boards, board committees, and individual directors and officers of for-profit and nonprofit organizations on domestic and international governance, risk assessment, indemnification and insurance, legal compliance, internal investigations, board and director evaluations and performance improvement, business sustainability and social responsibility matters, oversight of artificial intelligence usage, and the legal implications of business strategies and decisions.
Stout serves as a director of several nonprofit and for-profit corporations. He is a former member of the Board of Directors of the National Association of Corporate Directors (and cofounder of its Minnesota Chapter) and the Center for International Private Enterprise, as well as a former trustee of Carleton College.
As an adjunct professor at the University of St. Thomas Law School in Minneapolis, Stout co-teaches a governance course, and he frequently writes and speaks on corporate governance subjects. He has also served as an expert witness on governance matters. He is a fellow of the American Bar Foundation and a member of the American College of Governance Counsel. In 2017, he received the Twin Cities Business Outstanding Directors Lifetime Achievement Award for his corporate governance accomplishments and was recognized in 2018 by Minnesota Business magazine in its Power 50 Group.
John Bergstrom is an advisor to growth companies, assisting them with financial, strategic, compensation, and governance matters. His involvement with these companies often includes advisory engagements or membership on their boards of directors.
Companies where he has served on the board have raised hundreds of millions of dollars of equity and debt capital and completed dozens of merger and acquisition transactions, private placements, and public offerings.
Bergstrom is also active in the community serving on several nonprofit boards. He is currently a member of Goodwill Easter Seals Foundation and Chicagoland Habitat for Humanity, and he serves as secretary/treasurer the National Association of Corporate Directors Minnesota Chapter. He is a former board member and chair of Twin Cities Habitat for Humanity and Goodwill Easter Seals Minnesota.
Bergstrom is a graduate of Gustavus Adolphus College (BA) and University of Minnesota (MBA). He also completed the Kellogg Management Institute program at Northwestern University. As an adjunct faculty member, he has taught graduate and undergraduate courses at the Carlson School of Management at the University of Minnesota in finance and entrepreneurship.
Lisa Hauser is a senior managing director in PwC's Risk Assurance practice, is a member of the firm's Internal Audit and Governance Risk and Compliance (GRC) team, and leads the PwC Center of Excellence for SOX. She has over 30 years of experience working with a number of for-profit and nonprofit organizations, including foundations and higher educational institutions in a variety of areas: ethics and compliance, internal controls evaluation and design, IPO readiness assessments, business and regulatory compliance assessments, business continuity/disaster recovery, and information technology risk management solutions. In her role, she has significant interaction with board members, presenting to and educating them in the area of risk management and their role in governance and oversight.
Prior to PwC, Hauser was a partner at KPMG and held a global senior executive role at Marsh & McLennan Companies. She is a frequent speaker at industry events and conferences and has been published in several industry publications. Hauser has been honored as a "Top Women in Finance - Circle of Excellence" by Finance and Commerce and was named "Women Business Leader" by the Business Journal. She is a Certified Internal Auditor and an accredited QAR practitioner through the Institute of Internal Auditors (IIA), serves as a member of the Board of Governors for the Minnesota Chapter of the IIA, and is a board member on the Minnesota Chapter of the National Association of Corporate Directors. She is also the treasurer and a member of the Board of Directors of YouthLink, a nonprofit organization based in Minneapolis that supports homeless youth, and was a founding board member for Gilda's Club Twin Cities, a nonprofit organization supporting people and their families living with cancer.
Hauser holds a bachelor's and a master's degree from Michigan State University.
George J. Kehl is the managing partner for the Minneapolis office of KPMG, one of the nation's Big 4 professional service firms offering advisory, audit, and tax services. He is responsible for the direction and growth of the Minneapolis office, working closely with the more than 500 partners and professionals focusing on the strategic development of a broad client base. He serves as the lead engagement partner and account executive for several of the firm's key clients, is a trusted advisor to a number of high-profile companies, and has been involved in major transactions and SEC filings.
Kehl is a member of the Minnesota Society of Certified Public Accountants and the Florida Institute of Certified Public Accountants, and he is a trustee of the Science Museum of Minnesota. He is also an Audit Committee member of the Minnesota Business Partnership, a member of the Executive Advisory Board of the Fisher School of Accounting at the University of Florida, a board member of Chad Greenway's Lead the Way Foundation, and a director of the Minnesota Chapter of the National Association of Corporate Directors.
Kehl obtained his bachelor's degree in Accounting at the University of Florida.
Paul R. Knapp Sr. is responsible for mergers and acquisitions, legal, and family business office organization and management at Vomela, and for real estate acquisitions, management, and dispositions at Saint Paul Properties.
He previously served as director of operations for a 100-year-old Minnesota family business office, which he transitioned into a new management team and business focus. He acquired, managed, redeveloped, and disposed of office and industrial real estate projects located around the country. He also managed a venture capital fund for the family office, investing in emerging high-tech and med-tech companies.
Knapp has served on the boards of 30 emerging private and public companies and nonprofit organizations, including service on governance, compensation, audit, and management committees. He has chaired several for-profit and nonprofit boards. He also teaches Principles of Corporate Governance as an adjunct professor at The University of Minnesota Law School.
Knapp graduated from The College of Saint Thomas (BA, Finance) and William Mitchell College of Law (JD). He regularly teaches on the subjects of investment, growing private companies, family business offices, and building better boards of directors. He has been recognized as a Twin Cities Director of the Year and a Minnesotan to Know by the Twin Cities Business Journal.