2019 Executives of the Year: Setting standards
(page 2 of 2)
Small Company Executives of the Year
Dave Fink and Tom Spitz
Tom Spitz and Dave Fink strive to create an environment where everyone’s voice matters, and even though they are joined at the hip in managing Settlers bank, they haven’t always seen eye to eye. On those rare occasions, their shining light is organizational mission.
“It’s the core of why we’re here, what we’re doing, and how we serve our employees, our customers, and our shareholders,” Spitz explains. “We have consistently resolved any disagreement, if you will, in how those three stakeholders are served best, and it’s worked really well.”
They manage Settlers bank in a strategically opportunistic way, which led them to open a location in Appleton. Staffing it properly began with the selection of a local leader, and in a judgment call that was part good fortune and part due diligence, they hired Mike Waters, a Fox Valley banker who wanted to open his own financial institution. The Appleton location is off to a solid start and part of the reason Settlers reports yet another strong year of asset growth, to $300 million, and now employs 44 people.
“Tom and I were happy to meet with him [Waters] and help,” Fink notes, “but during our first meeting, it was apparent that Mike was the real deal and would fit in well with our existing culture.”
Part of being a good leader is recognizing that you don’t have all the answers, and Spitz and Fink have created an ideas forum where input can be submitted anonymously. “Tom and I are quick to say that Settlers bank is made up of a group of entrepreneurs that are self-starters and really smart,” Fink states. “We think this program exemplifies that.”
Chief Financial Officer of the Year
When we think about chief financial officers, an image comes to mind of people who think with the head rather than the heart — analytical, logical, and coldly detached. If Kate Perleberg is any example, it’s probably a bad rap, given her strong people skills in contributing to the successful merger of Community Partnerships and the Center for Families into a new nonprofit entity called RISE Wisconsin.
When you’re the CFO of a nonprofit, especially one focused on early childhood education and mentall illness, the heart enters into it. “Definitely, my first inclination, when I’m presented with a situation, is to think of it from an analytical or a logical perspective,” she acknowledges, “but I really view that as just my starting point. Having worked my entire career in the service industry, I quickly learned that it’s about relationships.”
It helps that roles and expectations of financial leaders have changed. Gone are the days of CFOs being tucked away in a back office, tasked only with providing input on financial impacts. At RISE Wisconsin, Perleberg is at the table with other senior leaders and viewed as a strategic partner. “The analytical part of me — it’s assumed by peers and other organizations, but successful financial leaders also need to be thinking about the holistic picture, not only from the financial side but from programming and human aspects.”
It also helps to have an understanding about life and how things don’t always turn out as we plan. “Being surrounded by people who are caring and compassionate, some of those difficult times can be made a little bit easier,” she says, “and so, when I go about my work, I hope that’s something others can see in me.”
Startup Company Executive of the Year
Henry Sanders, Jr.
For many, building an organization involves building partnerships with other businesses, but Henry Sanders, Jr. believes in partnering with other brands. Sanders, CEO of both Madison365 and Selfless Ambition, has grown the nonprofits through synergistic partnerships.
Madison365, a media outlet for communities of color, is regional in its appeal. Sanders estimates that 15 percent of its readership is
in Chicago and five percent is in the Twin Cities, and this helps Madison attract workers. That’s not an easy task, given data that shows Wisconsin is among the worst places to live for people of color, but Madison365 tells a more complete story.
The Latino Chamber, Urban League, Ho Chunk Nation, and the Milwaukee Brewers and Bucks are established partners, and 2019 will bring connections with the Madison Chamber, the launch of FoxValley365, and a new women’s brand called ANYA. “If we can give people a real view of what’s going on in our communities, especially communities of color, it will change perceptions,” Sanders states.
Selfless Ambition, which connects churches with communities, collaborates with Madison schools to install and manage food pantries for needy families. Making sure economically disadvantaged children are well nourished and ready to learn is one of many reasons that Sanders’ leadership appealed to EOY judges. “Anytime you get recognized for what you’re doing, it’s always an honor,” Sanders notes, “but it’s more of an honor when you’re recognized by peers who are doing the same work, who are trying to build businesses or organizations, and who understand the hard work and passion that goes into it.”
Chief Executive Officer of the Year
In a business community establishing itself as an information technology player, Paul Hager is leading the way. Hager’s Information Technology Professionals has been on a consistent growth path — 2018 was the company’s fourth consecutive year on Inc. magazine’s 5000 list — because its mission is to help business clients complete their technology transformations.
With a three-year growth rate of 101 percent, the company is on track for a coveted fifth straight year on prestigious list, something only 6 percent of companies achieve. In two years, ITP staff has doubled in size, and the company has become a modern technology partner, not a mere value-added reseller.
“That’s a derogatory term now,” Hager states. “I would never want to be called a VAR because that’s just a technology company that helps people acquire tech stuff. That’s not the business we’re in.”
Hager’s hands-on approach on everything from the onboarding process to diversifying his management team has elevated ITP. His eye for what’s next in the technology space — keep an eye on “containers” and orchestration services that automatically help businesses leverage the cloud on scale — has ensured ITP’s continued growth in all markets.
As the leader of a growing technology firm, Hager gets the lion’s share of the credit, but he knows the CEO of the Year is really a team honor. “It’s like when you ask NFL quarterbacks about an award and they say it’s really a team recognition,” he notes. “Any leader of an organization would say we don’t win unless all the folks on my team are successful.”
Click here to sign up for the free IB ezine — your twice-weekly resource for local business news, analysis, voices, and the names you need to know. If you are not already a subscriber to In Business magazine, be sure to sign up for our monthly print edition here.